Mr X.....what should we call it .."golden goose " in layman's term...

So many German eyes on Fronkten now......

Pursuant to the completion of the share purchase agreement between (i) Dr Joerg Hohnloser, (ii) Hohnloser Holding GmbH + Co. KG, (iii) Hohnloser Investment GmbH, (iv) Cleanpart Group GmbH (formerly named UNA 246. Equity Management GmbH) and (v) CP Asia Holding GmbH in respect of the proposed purchase by CP Asia Holding GmbH of 290,991,473 ordinary shares of RM0.10 each in Frontken Corporation Berhad ("Shares"). The purchase price for the Shares is in total EUR14,000,000 (approximately MYR58,992,374 or MYR0.20 per Share).

Deutsche Beteiligungs AG is deemed to have an indirect interest in the Shares by virtue of section 6A(4) of the Companies Act 1965, through its equity interest in DBAG Fund VI Konzern (Guernsey) L.P., which in turn has a deemed interest in CP Asia Holding GmbH.

Nature of interest

Deemed Interest

Bursa Announcement ..

Pursuant to the completion of the share purchase agreement between (i) Dr Joerg Hohnloser, (ii) Hohnloser Holding GmbH + Co. KG, (iii) Hohnloser Investment GmbH, (iv) Cleanpart Group GmbH (formerly named UNA 246. Equity Management GmbH) and (v) CP Asia Holding GmbH in respect of the proposed purchase by CP Asia Holding GmbH of 290,991,473 ordinary shares of RM0.10 each in Frontken Corporation Berhad ("Shares"). The purchase price for the Shares is in total EUR14,000,000 (approximately MYR58,992,374 or MYR0.20 per Share).

DBAG Fund VI (Guernsey) L.P. is deemed to have an indirect interest in the Shares by virtue of section 6A(4) of the Companies Act 1965, through its ca. 79.99% equity interest in Service Holding S.a.r.l., which in turn has a deemed interest in CP Asia Holding GmbH.

Nature of interest

Deemed Interest

Frontken intends to buy a cheap n good O & G service company .....maybe now can buy at bargain price.......

To Wakaka..I guess u are the 1 batang seller...?

Saw some panic sells in Put warrants ..

Sharks sapu..first then tomorrow ikan bilis panic buy ?

Awesome maybe sharks buy on behalf of CP Asia...?

30sen Koming..? .not many sellers up there...

Nothing wrong..supposed to limit up last week ?

Opinions about Greece n Fitch ..http://klse.i3investor.com/blogs/bfm_podcast/79192.jsp

KUALA LUMPUR (June 30): Top Glove Corp Bhd ( Financial Dashboard) rose as much as 21 sen or 3% as investors anticipated the export-based company would benefit from a weaker ringgit versus the US dollar. ..Do not forget ..guys 0128 earns Foreign currency too......

Strong $1.6 bln inflows into top Shanghai ETFs fuel govt support speculation..sounds good

Wow Asia is Green except China is a little red...Not Bad

Bought at 25sen.....keyed in 23sen.in the morning... .but could not get the order done..

CI could have factored in Fitch report, something we do not know yet...?

Bought some today..actually aiming for cheap sales this morning..but no chance to get at that price...

I still do not get used to the I3 culture..people are willing to spend time to do research and share freely here..but often met with hostile ..from non investors here....haha

Blackul66...the danger if u have over confidence in Put warrants now..I think many would get burnt badly in the near future....

To blackul66...0128 did not sink to 21.5sen despite Greek problem and what not..in a way people have confidence in this stock ..right ?

Awesome..ya it is better to let the weak holders to dump the shares cheap to us...no point telling them to hold tight tight too..on willing buy and fair willing sell basis

Key in some buy orders today..guys please sell your 0128 cheap to me...

I think how to fund Fronkten at the moment ...to me is quite a secondary issue and should not a big concern to the investors here as the company comes directly under the German parent Corporate..namely CP Asia vs an individual aka Dr Jorg..formerly . ..As u may know Cleanpart came under some corporate MBO through the participating of DBAG ( German ) , partly the reason given was the family dispute like some mentioned before ..throwing towels and that ..Anyway a succession plan is put in place in Cleanpart and it is highlighted as one of the key points of Cleanpart MBO.. Once the issue is over or settled..I believe Dr Jorg who is representing both Cleanpart and CP Aisa...would look seriously into Asia....with some aggressive actions...like what Nanyang did report.. ...Currently they could be eyeing for some good assets in Asia to be acquired .... These would bring rather some medium and long term benefits to Fronkten and its shareholders .....All we hope for is something like Inari or Vs Industry at an appropriate stage...somewhere in the future ...Regards

Thanks Awesome for sharing the article

To Sell ..if u want Dividends..Tenaga which is a Blue Chip and priced at single digit PE...a stock to look at..Local co but without scams ..right ?

Ya peiyen2006..I agree with u.....Inari 2 is on the horizon......grab the chance

Gimmy2u.......Frontkn is one small company keeps producing good Cashflow and Free CF..after Dr J took over the businesses ....even spending some money on acquiring some good companies for future earnings ........Unlike some local listed companies usually acquiring business assets generating future negative cashflow.........and sometimes they do that for the pockets of their own than to benefit the company small investors.......that is the difference between a good and bad management ..per se

Wakaka..no doubt u can wait and buy at 30sen and above...it is your money...do what u like

I think the Media people n IB are sapuing the shares before they come out with reports...

Blackul66...Fronkten has more or less come under the control of Cleanpart under Dr J supervision ....where money n resources can be easily tapped from Cleanpart for further expansions of Fronkten in Asia at later stage . Good for Fronkten long term investors per se...

It is better to be listed with THaji as a key shareholder.....for O & G projects

Awesome..the question is whether CP Asia is happy to hold 28% of 0128 while ringgit is 18 years ....low

Cleanpart Asia in short....... perhaps

CP Asia presents the future ...newly set up I believe..unlikely u can see the past performances

Do not forget... Fronkten indrectly holds a Licence from Petronas......O & G sector would recover one day

Awesome Do U think CP Asia is happy to hold only 28% .....of Fronkten...when u or rather Dr J promise Big Plans to DBAG......?

Awesome...the ratio says only 20% of investors are successful..80% are failures aka noise makers ....

JN88...u are right ....Semi conduct need to build many toilets for 22..18..14..12 5 series ...right ?

Next Inari coming......

Think about it why DBAG is keen on Cleanpart ......cos there is a CP Asia coming up....

JN88..next time he Dr J throws towels again..better standby some money to buy..

So a Asia Unit is formed.......see the future ..bravo

CP Asia..Cleanpart Asia ..right ?

Hohnloser, a German, remains as a non-independent non-executive director of Frontken.

Comm... how many German work in Fronkten management related to Dr Jorg ?

Like throwing towels....what else ?

Guys..beware that some short sellers here wanted to scare u off........

DR Jorg brought in DGAB to buy over some shares from his family members..and he is still in charge of Cleanpart......oledi stated in article to say as to solve Succeeding problem . Nothing big to talk about ...throwing towels

haha ..can see some short sellers..hopefully backsides not burnt in due time..