Registration No. / Unique Entity Number: 202030084H issued by Accounting And Corporate Regulatory Authority IPOWER SOLUTION PTE. LTD. (the "Company") is a Exempt Private Company Limited by Shares, incorporated on 28 September 2020 (Monday) in Singapore . The address of the Company's registered office is at the SINGAPORE BUSINESS FEDERATION CENTER (SBF CENTER) building. The Company current operating status is live and has been operating for 4 years. This Company's principal activity is engineering design and consultancy services in energy management and clean energy systems with wholesale trade of a variety of goods without a dominant product as the secondary activity.
LUVMPO, your hearsay has been totally ruled out now. SH2P is in the midst of finalising the syndicated financing facilities for the Project. Till now still have not cancelled as the project is expected to proceed as planned.
KUALA LUMPUR (July 12): Toyo Ventures Holdings Bhd (KL:TOYOVEN) said that the US$980 million (RM4.58 billion) financing facility it secured from i-Power Solutions Pte Ltd for the Song Hau 2 thermal power plant project is no longer applicable.
As mentioned by management, Toyo Ventures emphasised that SH2P is still in the process of finalising syndicated financing facilities for the power plant project. As long the project is still not ended, the loan is still applicable.
Aiyak, On 28th June 24 said financial close achieved, now on 12th July said is still in the process of finalising syndicated financing facilities.... Twisted statement here and there..... Hello Mr Tham & Mr Chew (Executive) and other Board of Director (Non-Executive), you guys think playing black jack bluffing.... Stop misleading the public!!!
we have been following up this counter closely for months due to its high volatility which make interest to us for short term. But, with reference on Toyo's announcement and the Edge articles, if we are carefully read through on chronological on the Date, it led to us a misleading info by believing the syndicated financing facilities are being in the finalizing. We may ask how it could be in reality to finalizing a USD 2.42 billions financing with various Banks are being involved with.
There are limited down side if the project is concluded terminated by the management as all selling has been done already. In the event that the project is revived, the up swings is at least 2-3 times the current share price. Take your own calculated risk. I am a strong believer that the project is still on taking the cue that the management has still refused to conclude game over at this stage.
Hello..are you out of your mind. Inventory build-up, financing costs, stat-up costs, penalties for cancellation when project was confirmed has not been buffer in. As long as dust is not settle cannot buy. Do not catch a falling knife. Project revival is not possible as just cancelled by corrupted Vietnam government. So stay away or far far away from this counter for all investors if you do not want to catch a falling knife. You will be butchered !
Something intrigued me. Toyoventures said they are in the midst of finalising the syndicated loan. Can and will banks lend money to company whose project has been terminated? Unless Toyoventures gets the nod from Vietnamese MOIT to go ahead,no banks would approved such a loan. Please correct me if I am wrong.
Latest update! Two-day state funeral is scheduled for July 25-26 for Nguyễn Phú Trọng, the General Secretary of the Communist Party of Vietnam. Once funeral ceremony over, the project will be revived.
It is pretty obvious that the project is technically revived as banks have not made any disagreement for more than 10 days about the financing facility. The project is definitely not terminated.
Based on my QMDJ analysis, the financial crisis is a manageable problem and is under control, but it is tremendously exhausting for the management. Let's hope we could hear some good news from the management next week.
It's been two weeks with no announcements from the company. There's no evidence that the project is continuing. Toyo may go bankrupt sooner or later if the project can't proceed. There's nothing left to hope for
Please be aware that Vietnam is currently holding a state funeral ceremony for the death of its highest personnel. There should be news after the event. My QMDJ has predicted that the financial crisis has been overcome and it should be resumed soon.
Don't you notice that there is an accumulation of stocks for the past few days? The stock price always reverse its downward trend before closing and some more ended positive yesterday. I believe there should be some good news about the revival of the power plant soon. I suggest you accumulate slowly before it is too late.
Let me take this opportunity to share with you my Qi Men Dun Jia forecasting result. Unfortunately, I could not paste an image here. There are several information derived from my chart which have clearly indicate a good investment opportunity. 1) Geng + Xuan = Business Crisis However, the water element of visiting Constellation produces the wood element of the palace, the crisis in question can be resolved by itself and is likely to dissipate in time. 2) Life door produces Wu: This is a positive forecast which represents a profitable investment activity. The timing is favorable to consider making an investment as the returns will be profitable.
Let's see if my prediction could be realised in the near future.
That is actually a very bad sign. Looks to me like someone with deep pockets is keeping the stock price from dropping below 75 cents. Very obvious by now. How long can this continue? This stock doesn’t respond properly to the market and I’m not optimistic about its future. Past performance does not guarantee future performance, after all.
On 18 Jul, there was a record net inflows volume. This clearly a signal that there were some syndicates supporting the price of this stock from falling below $0.68. I do not rule out the banks were some of the purchaser as obviously they may have the first hand news about the whereabout the facility to be utilised. Unfortunately, the death of the ruler in Vietnam has dragged and delayed the announcement of the revival of the power plant at this moment. Based on my chart analysis, let double check for the news 6 days later.
AssaultedPeanut, your mass accumulation of stocks will be very rewarding soon. Definitely could multiply by at least 3x the current investment in the near future.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Investor52
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Posted by Investor52 > 2 weeks ago | Report Abuse
The Company I- Power Solutions Pte Ltd seems to be a ghost Company.
It does not exist in Spore Company Registration.