CWSB shall be responsible for tendering and securing projects in South East Asia, and shall appoint SMTRACK as its main Contractor, who shall in turn use ANHUI as its main subcontractor. ??
Since when SMTRACK engage in contruction business ??? Sifu, sound fishy..
Loss-making SMTrack Bhd has proposed to acquire U.S.-based Wellspring Worldwide Ltd for an undisclosed amount.
Wellspring Worldwide is the global master licensor of Tutti Fruitti Frozen Yogurt, O'My Buns! and YoFlavor.
SMTrack said the purchase consideration will be decided upon completion of a due diligence conducted by the company, and will be satisfied by issuance of new SMTrack shares.
"The proposed acquisition is subject to the vendors providing a profit guarantee on the minimum profit after tax of the Wellspring Group for two financial years, following the completion of the proposed acquisition," it added. to set up a joint venture company with Linde (M) Sdn Bhd to develop an air ago.
syndicate flushing out weak holder. Dont contra. Still a good buy a 0.08-0.085. Downside is low but with a potential immediate up to 0.10. Need to hold guys
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....
SP Lang
43 posts
Posted by SP Lang > 2016-05-18 14:01 | Report Abuse
CWSB shall be responsible for tendering and securing projects in South East Asia,
and shall appoint SMTRACK as its main Contractor, who shall in turn use ANHUI
as its main subcontractor.
??
Since when SMTRACK engage in contruction business ??? Sifu, sound fishy..