|
Post by vbequity on Jul 14, 2015 20:04:19 GMT 7
Can help to explain?
|
|
|
Post by oldman on Jul 15, 2015 4:43:47 GMT 7
Armarda is just protecting its interests with this new arrangement. Originally, they were supposed to own 70% of a 90% interest. Now, they will own 63% of a 100% interest (which is the same)..... and have the ability to increase this to 100%.
|
|
|
Post by wxp8838 on Jul 21, 2015 14:22:34 GMT 7
So many penny fly these days ,armarda still die .master ,what do you think?thanks
|
|
|
Post by roberto on Jul 21, 2015 17:16:38 GMT 7
So many penny fly these days ,armarda still die .master ,what do you think?thanks Now aren't you dramatic, it's only today and maybe a bit of yesterday? Besides, Armarda didn't "die", in fact it's far from dying. That said, perhaps we are having a mini China bull run here in SG, or a SG50 rally? May this keep going for the rest of the week and beyond.
|
|
|
Post by wxp8838 on Aug 5, 2015 10:30:11 GMT 7
After the company issued PROPOSED CONSOLIDATION, the share price droped to 0.001-0.002 ,after consolidation ,the price could be 0.1 ,or 0.2 dollar ,even
0.2 dollar ,it still easily drop below 0.2 dollar ,so the consolidation is meaningless.
the company cancelled proposal ,they must look for another way ,I think ,they may push the share price up ,the price must far away from 0.002 range ,such as above 0.005 , the best is to 0.02 ,then they will propose consolidation again ,10 to 1 . ,or 20 to 1 .
I think their statellite mobile business is really bad .the good news is sinocloud ,once it succeed ,maybe the price will be up .like other chinese shares ,it easily push the price to 1c or more in short time . every masters ,what do you think ?
|
|
|
Post by wxp8838 on Sept 2, 2015 17:12:30 GMT 7
SINOCLOUD GROUP LIMITED (FORMERLY KNOWN AS ARMARDA GROUP LIMITED) (Incorporated in Bermuda on 13 August 2003) (Company Registration No: 34050) PROPOSED ACQUISITION OF 63% EQUITY INTERESTS IN SINOCLOUD 01 LIMITED - RECEIPT OF LISTING AND QUOTATION NOTICE (THE “NOTICE”) The board of directors (the “Board” or “Directors”) of SinoCloud Group Limited (the “Company”) refers to the Company’s announcements dated 15 March 2015, 14 July 2015, 30 July 2015 and 24 August 2015 (collectively, the “Announcements”) in relation to the proposed acquisition of 63% equity interests in SinoCloud 01 Limited (the “Proposed Acquisition”). Unless otherwise defined, all capitalised terms used herein shall bear the same meaning ascribed to them in the Announcements. Further to the Announcements, the Board is pleased to announce that the Company has, on 2 September 2015, received the Notice from the SGX-ST for the listing and quotation of 2,000,000,000 new ordinary shares in the capital of the Company (“Consideration Shares”) on Catalist. The Consideration Shares are to be issued and allotted by the Company at an issue price of S$0.005 per Consideration Share to the Vendors, as part satisfaction of the purchase consideration for the Proposed Acquisition. The listing and quotation of the Consideration Shares is subject to the following: (a) compliance with the SGX-ST’s listing requirements; and (b) Shareholders’ approval being obtained for the Proposed Acquisition at the special general meeting to be convened, The Notice is not to be taken as an indication of the merits of the Consideration Shares, the Proposed Acquisition, the Company, its subsidiaries and their securities. A separate announcement will be issued by the Company upon the issue and allotment of the Consideration Shares. Directors’ Responsibility Statement The Directors collectively and individually accept full responsibility for the accuracy of the information given in this announcement and confirm after making all reasonable enquiries, that to the best of their knowledge and belief, this announcement constitutes full and true disclosure of all material facts about the Proposed Acquisition, the Company and its subsidiaries, and the Directors are not aware of any facts the omission of which would make any statement in this announcement misleading. Where information in this announcement has been extracted from published or otherwise publicly available sources or obtained from a named source, the sole responsibility of the Directors has been to ensure that such information has been accurately and correctly extracted from those sources and/or reproduced in this announcement in its proper form and context. BY THE ORDER OF THE BOARD Chan Andrew Wai Men Executive Director and Chairman 2 September 2015 This announcement has been prepared by the Company and its contents have been reviewed by the Company’s sponsor (“Sponsor”), Canaccord Genuity Singapore Pte. Ltd., for compliance with the relevant rules of the Singapore Exchange Securities Trading Limited (“SGX-ST”). The Sponsor has not independently verified the contents of this announcement. This announcement has not been examined or approved by the SGX-ST and the SGX-ST assumes no responsibility for the contents of this announcement, including the correctness of any of the statements or opinions made, or reports contained in this announcement. The contact person for the Sponsor is Ms Alice Ng, Director and Head of Continuing Sponsorship, Canaccord Genuity Singapore Pte. Ltd. at 77 Robinson Road #21-02 Singapore 068896, telephone (65) 6854 6160.
|
|
|
Post by wxp8838 on Sept 14, 2015 16:41:39 GMT 7
is still someone here ? any view on today's treading?0.002 ?
|
|
|
Post by wxp8838 on Sept 30, 2015 7:59:17 GMT 7
1 SinoCloud progresses on data centre business with strategic formation of management unit Spearheaded by accomplished industry veteran, Mr Zhang Dai who has over 20 years of experience in the IT and telecommunications industry New unit supported by experienced team will manage its first, Tier-4 data centre in Guiyang, the PRC Singapore, 29 September 2015 – Singapore Catalist-listed SinoCloud Group Limited (“SinoCloud” and together with its subsidiaries, the “Group”), an IT solution provider, is pleased to announce its strategic formation of SinoCloud Asset Management Limited (“SinoCloud Asset Mgt”) to manage its data centre business in the People’s Republic of China (the “PRC”). Following shareholders’ approval to acquire a 63% effective interest in a Tier-4 data centre in Guiyang, PRC (the “GY Transaction”), the establishment of SinoCloud Asset Mgt will enable the Group to dedicate resources and capabilities in providing data centre management solutions to ride on the growing demand in China. Headquartered in Beijing, Sino Asset Mgt will be spearheaded by accomplished industry veteran, Mr Zhang Dai as its chief executive officer. Mr Zhang Dai holds a master’s degree in software engineering from Beijing University of Posts and Telecommunications, and has over 20 years of experience in the IT and telecommunications industry. Prior to joining SinoCloud Asset Mgt, he served as a senior member of China Communications Services, a Hong Kong-listed entity largely owned by China Telecom. He was responsible for the planning, construction, and operation of China Telecom’s data centres in cities in the PRC, such as Hangzhou, Beijing, Guangzhou, Jiangxi, Shanxi, as well as Inner Mongolia. Mr Zhang is one of the vendors of the GY Transaction. He is the founder of the Tier-4 data centre in Guiyang. Mr Zhang Dai, Chief Executive Officer of SinoCloud Asset Mgt commented, “Data centres are growing in the PRC, driven by the proliferation of cloud computing and big data analytic services. Exploitation of big data is quickly changing the world and data centre is one of the building blocks in the transformation process. There is a high demand for high-end data centres presently from both commercial and government sectors in the PRC and effective management is imperative to maintain the growth momentum. At this nascent stage, I believe we can rapidly align our strengths and gradually scale our data centre business going forward.” In addition to this new data centre management arm, the Group has executed a series of restructuring initiatives aimed at creating a deft and capability-centric organisation. To that end, the Group has reorganised its management team, in particularly with the appointment of a new Chief Executive Officer, Mr Andrew Chan, to better manage its overall businesses while formulating key strategies and approaches towards revitalising its key business domains. Mr Andrew Chan has over 25 years of regional experience in both the financial and real estate industry. Apart from setting the Group’s vision, strategy and objective, Mr Andrew Chan is also responsible for the Group’s day-to-day operations and business development. A Singapore Catalist-listed Group 2 Mr Andrew Chan, Chairman and Chief Executive Officer of SinoCloud, added, “Data centre will certainly be the Group’s main focus in the next few years. To capture the industry’s growth, we hasten our steps following shareholders’ approval for the acquisition of 63% effective interest in a Tier-4 data centre in Guiyang, the PRC, to create a data centre management unit to cultivate this new business venture. I believe Mr Zhang Dai’s experience and credential in the industry will help the Group to expand its scale and scope in this area. At this gestation period, we are working tirelessly to capitalise on business opportunities within the data centre space and increasing marketing efforts to expand our customer base. In due course, we aim to deliver a sustainable performance to generate value for our shareholders.” - The End - About SinoCloud Group Limited SinoCloud Group Limited, formerly known as Armarda Group Limited, has been listed on the Singapore Exchange since 2004. The Group started as an IT service provider in 2003, and diversified into various IT related investments in the past 10 years. The Group’s major investment include: Data Centers In March 2015, the Group announced the proposed acquisition of a 63% effective interest in a Tier-4 data centre in Guiyang which has a full capacity of 4,800 racks. The transaction is due to be completed in October 2015. The Group will continue to focus on identifying data center investment opportunities in the coming years. CSMCG In 2013, the Group acquired a 45% interest in China Satellite Mobile Communications Group Limited (“CSMCG”) which owns the right to distribute mobile satellite voice and data services for Thuraya, who provides global coverage of satellite communication services. CSMGC currently partners with China Telecom Satellite Communications (CTS) to provide Thuraya satellite services to its users in China. Financial PR Pte Ltd. Mr Chong Yap TOK Senior Consultant chongyap@financialpr.com.sg Tel: +65 6438 2990 Fax: +65 6438 0064 Ms Allison CHEN, Consultant allison@financialpr.com.sg 3 This press release has been prepared by the Company and its contents have been reviewed by the Company’s sponsor (“Sponsor”), Canaccord Genuity Singapore Pte. Ltd., for compliance with the relevant rules of the Singapore Exchange Securities Trading Limited (the “SGX-ST”). The Sponsor has not independently verified the contents of this press release. This press release has not been examined or approved by the SGX-ST and the SGX-ST assumes no responsibility for the contents of this news release, including the correctness of any of the statements or opinions made, or reports contained in this press release. The contact person for the Sponsor is Ms. Alice Ng, Director and Head of Continuing Sponsorship, Canaccord Genuity Singapore Pte. Ltd. at 77 Robinson Road #21-02 Singapore 068896, telephone (65) 6854 6160.
|
|
|
Post by wxp8838 on Oct 2, 2015 16:54:50 GMT 7
SINOCLOUD GROUP LIMITED (FORMERLY KNOWN AS ARMARDA GROUP LIMITED) (THE “COMPANY”) (Company Registration No.: 34050) (Incorporated in Bermuda on 13 August 2003) PROPOSED ACQUISITION OF UP TO 45.95% OF THE EQUITY INTEREST IN CHINA SATELLITE MOBILE COMMUNICATIONS GROUP LIMITED - EXPIRY OF LONG STOP DATE AND TERMINATION OF THE SALE AND PURCHASE AGREEMENTS The board of directors of the Company (the "Board") refers to the Company's announcement dated 30 September 2014 (the “Announcement”) relating to the Company’s proposed acquisition (the “Proposed Acquisition”) of up to 45.95% of the existing issued and paid up ordinary shares (“Sale Shares”) in the capital of China Satellite Mobile Communications Group Limited ("CSMCG”), pursuant to the terms of individual sale and purchase agreements (each a “S&P Agreement” and collectively the “S&P Agreements”) entered into with each of Andrew Chan, Florence Liu, Venus Lui, Tse Chi Nang, Tong Chor Ho, Geng Qiu Sheng, Chong Choi Fu, Jin Da Gang, Liu Yong Ning and Shing Man Lei (each a “Vendor” and collectively the “Vendors”). Unless otherwise defined, all capitalised terms used herein shall have the same meaning ascribed to them in the Announcement. The Board wishes to announce that the Long Stop Date for the satisfaction or waiver of the conditions precedent for the S&P Agreements, being 30 September 2015, has since lapsed. As such, the S&P Agreements have been terminated (the “Termination”) and accordingly, the Company will not be proceeding with the Proposed Acquisition. As at the date of this announcement, the Company holds 45% of the existing issued and paid up ordinary shares in the capital of CSMCG. The Board also refers to the following:- (a) the Company’s announcement dated 29 May 2014 in relation to the extension of an interest-free loan of approximately HK$24.7 million (the “Loan”) by the Company to certain Vendors in February 2014; and (b) the Company’s announcement dated 14 August 2014 in relation to the extension of a goodwill deposit of HK$19.1 million (the “Goodwill Deposit”) by the Company to certain Vendors in July 2014. The Loan and the Goodwill Deposit are repayable on demand in the event the parties decided not to proceed with the Proposed Acquisition. The Loan was pledged with an aggregate of 5,037 ordinary shares in the capital of CSMCG (the “Pledged Shares”), representing 25.19% of the total issued and paid up capital of CSMCG as at the date of this announcement owned by the relevant Vendors to whom the Loan was extended. Following the Termination, the Company is currently in the midst of discussions with the Vendors on repayment of the Loan and the Goodwill Deposit to the Company, which may include, inter alia, the taking over of the Pledged Shares in satisfaction of the amounts due in respect of the Loans and Goodwill Deposit. The Company will update shareholders and make the appropriate announcements in the event that there are any further material developments regarding the above subject matter. Shareholders are advised to read this announcement and any further announcements by the Company carefully. Shareholders should consult their stock brokers, solicitors or other professional advisors if they have any doubt about the actions they should take. BY ORDER OF THE BOARD CHAN ANDREW WAI MEN Chairman and Chief Executive Officer 2 October 2015
|
|
|
Post by wxp8838 on Oct 2, 2015 16:57:59 GMT 7
Please advise masters ,I think this is a big deal.......
|
|