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Post by zuolun on May 13, 2015 16:17:49 GMT 7
Be wary of share consolidation ~ 8 May 2015 Proposed Share Consolidation and adjustments to the convertible loans – Notice of books closure date ~ 4 May 2015 The Proposed Share Consolidation shall be effective from 9.00 a.m. on the Market Day immediately following the Books Closure Date, being 13 May 2015 (“Effective Date”), whereupon the Register of Members of the Company and the Depository Register, will be updated to reflect the number of Consolidated Shares held by each Shareholder based on the number of Shares held by them as at the Books Closure Date. Notwithstanding that the Proposed Share Consolidation will only become effective on the Effective Date, the Consolidated Shares will begin trading in board lots of 100 Consolidated Shares at 9.00 a.m. on 8 May 2015 (the “Effective Trading Date”), except as provided below where temporary arrangements have been made to facilitate Shareholders trading in odd lots of Consolidated Shares which may arise from the Proposed Share Consolidation. The Effective Trading Date is three (3) Market Days before the Effective Date on account of the fact that trades on the SGX-ST are settled on a “T+3” settlement cycle, that is, a purchase or sale of Shares on day T will be settled at T plus three (3) Market Days later. Accordingly, ten (10) Shares as at 5.00 p.m. on the Market Day immediately preceding the Effective Trading Date, that is 7 May 2015, will represent one (1) Consolidated Share with effect from 9.00 a.m. on the Effective Trading Date, that is 8 May 2015. Trading in the Shares will cease after 5.00 p.m. on the Market Day immediately preceding the Effective Trading Date. Mirach Ener ~ Downtrend with Bearish Bollinger Bands, Interim TP S$0.44, next TP S$0.38Mirach Ener had a black marubozu and traded @ S$0.525 (-0.06, -10.3%) with 1.67m shares on 13 May 2015 at 4.44pm
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Post by zuolun on Nov 2, 2015 8:32:34 GMT 7
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