Type Announcement Subject TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS Description PROPOSED ACQUISITION OF 70% EQUITY INTEREST OF PT. DEWATA BANGUN TIRTA ("PROPOSED ACQUISITION")
The Board of Directors of Gadang Holdings Berhad ("Gadang" or "the Company") is pleased to announce that the Company's indirect wholly-owned subsidiary, Asian Utilities Pte Ltd ("AUPL"), a company incorporated in Singapore, had on 21 July 2014 entered into a Sale and Purchase of Shares Agreement ("SPSA") with Nanang Mohamad Sjahbudi, Thomas Luciana and Johanes Himawan (hereinafter collectively referred to as the "Sellers") for the Proposed Acquisition.
Please refer to the attached file for the full details of the announcement.
gadang need and must focus on indonesia Infrastructure business ,while the rupiah is currently at the low point and it is a good time to accelerate business expansion.
Fund manager said Gadang is a small IJM. It may take a few years before it grows up. It had a about 5300 ha oil palm planted in Sabah, which I think when matured, worth easily RM500mil. But that will takes a few years later. The market cap is only RM433 mil now, all from its constructions biz and sustainable order for a least 3 years. So, accumulate gradually. Buy.
D v12 engine just start at 1st gear n more to come. I hold this stock abt 3 yrs n finally give me 3 times return. Will hold u tight n slowly let go when reach 4-5 times return
Oh, they are able to buy that plant in Indonesia because of the profit for this quarter... sure tomorrow huat one...
Post a Comment
People who like this
New Topic
You should check in on some of those fields below.
Title
Category
Comment
Confirmation
Click Confirm to delete this Forum Thread and all the associated comments.
Report Abuse
Please Sign In to report this post as abuse.
Market Buzz
No result.
Featured Posts
MQ Trader
Introducing MY's First IPO Fund for Sophisticated Investors!
MQ Chat
New Update. Discover investment communities that resonate with your ideas
MQ Trader
M & A Value Partners IPO Equity Fund has been launched - Targeted 13% Return p.a
Latest Videos
0:17
New IPO: ES Sunlogy Berhad, a provider of mechanical and electrical (M&E) engineering services and renewable energy solutions, aims to list on the ACE Market!
MQ Trader 327 views | 2 d ago
0:17
New IPO: Techstore Berhad, an IT security and automation solutions provider, aims to list on the ACE Market!
MQ Trader 528 views | 3 d ago
0:17
New IPO: Richtech Digital Berhad, a distributor of electronic reloads and digital payment solutions, aims to list on the ACE Market!
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....
vioscity
375 posts
Posted by vioscity > 2014-07-23 15:21 | Report Abuse
GADANG super best lar, too bad i missed the boat ...