Hankore

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10 years 8 months ago #16400 by zane
Replied by zane on topic Hankore
A substantial shareholder Total Summit Tech sold down yesterday 7.2-7.8 cents. Today, probably didn't sell, so rebound in stock price to 8 cents?

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10 years 8 months ago #16401 by Val
Replied by Val on topic Hankore
Was it a sale? Announcement posted on SGX said it was an off-market married deal. Transaction $ : 0

It certainly was not a commercial sale by the substantial shareholder. Perhaps he gave the shares to mistress :woohoo:

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10 years 8 months ago #16469 by Val
Replied by Val on topic Hankore
Some interesting research to share:

Alan Wang, who owns Asdew Acquisitions, took up a placement of 293.6 m shares 13-Aug-2013. His purchase was at 5 cents.

It was not the first time he bought HanKore.

Filing at SGX website showed that prior to the placement, he owned 206.3 m shares = just below 5% stake.

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10 years 8 months ago #16505 by Val
Replied by Val on topic Hankore
Alan Wang is the No.2 shareholder with 10.37% of HanKore. The No.1 shareholder is the chairman, David Chen, who has 16.47%.

Market cap of HanKore is S$347 million now, so you can imagine how much of these individuals' net worth is tied up in the business.

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10 years 8 months ago #16545 by Mel
Replied by Mel on topic Hankore
It's back up to 7.3 cents, but not the 8-cent level it hit recently.

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10 years 5 months ago #18426 by zane
Replied by zane on topic Hankore
clap clap : HanKore has just announced a possible RTO with a big environ play in China. The vendor will end up owning more than 50% of HanKore after an injection of its assets into HanKore.

Stock will fly tomorrow = :)

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