Strong cash flow and high traffic is in, got hope to go 0.15 at CNY gua. My personal opinion only I scare people report me, Do disclaimer first, (just in case), now wait good timing to earn some small money at Ageson. My favorite stock
QR will be probably announce after Chinese New Year and the result will be positive. Hopefully this time will also have dividend declaration although it less possible.
Description AGESON BERHAD ("AGESON" OR "THE COMPANY")
MUTUAL TERMINATION OF TERM SHEET DATED 17 APRIL 2020 BETWEEN AGESON ENTERPRISE SDN BHD (FORMERLY KNOWN AS ESA PILE SDN BHD), A WHOLLY-OWNED SUBSIDIARY OF THE COMPANY AND NAVIS MARINUS PRIVATE LIMITED TO SET UP A JOINT VENTURE COMPANY FOR THE SUPPLY AND DELIVERY OF SAND FROM PHILIPINIES TO JTC CORPORATION IN SINGAPORE ("TERM SHEET") We refer to the Company’s announcements made on 17 April 2020, 16 October 2020 and 19 October 2020 in regards to the Term Sheet. Unless otherwise defined, the terms and definitions used herein shall have the same meaning as defined in the announcements made on 17 April 2020 and 16 October 2020 in relation to the Term Sheet.
The Board of Directors of Ageson (“Board”) wishes to announce that Ageson Enterprise Sdn Bhd (formerly known as Esa Pile Sdn Bhd) (“AESB”), a wholly-owned subsidiary of the Company and Navis Marinus Private Limited (“NMPL”), had on 2 February 2021, mutually agreed to terminate the Term Sheet with immediate effect and the Parties (as defined herein) shall be released from any rights and obligations under the Term Sheet without any recourse by the Parties (“Mutual Termination”).
The Mutual Termination will not have any effect on the issued share capital and substantial shareholders’ shareholdings of the Company as well as it is not expected to have an impact on the net assets, earnings per share and gearing of the Group for the financial year ending 30 June 2021.
no worries
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Posted by unclekyyisbest > 2021-01-21 17:13 | Report Abuse
Long time no see fable