ELLIPSIZ ...UNDERVALUED GEM?

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08 Jun 2015 15:24 - 30 May 2017 22:18 #22248 by desmondquek30
desmondquek30 created the topic: ELLIPSIZ ...UNDERVALUED GEM?
ELLIPSIZ UOB call 17.1cents...UNDERVALUED GEM?
Last Edit: 30 May 2017 22:18 by niadmin.

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23 Aug 2015 17:40 #22432 by Poh
Poh replied the topic: ELLIPSIZ UOB call 17.1cents...UNDERVALUED GEM?
David Lum has been accumulating shares in Ellipsiz. He became A NEW substantial shareholder after its chief executive Chan Wai Leong sold 100 million of his shares for S$15 million to David.

David is MD of Lum Chang Holdings but strangely has taken a big stake in Ellipsiz, ie 21.89 per cent while Ellipsiz CEO Chan owns less than 2% currently.

infopub.sgx.com/FileOpen/_Form3_Bevrian%...cement&FileID=366545

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25 Aug 2015 19:38 #22440 by Poh
Poh replied the topic: ELLIPSIZ UOB call 17.1cents...UNDERVALUED GEM?
More buying and buying by CEO and by David Lum subst. shareholder.

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30 May 2017 22:05 #23839 by Poh
Poh replied the topic: ELLIPSIZ UOB call 17.1cents...UNDERVALUED GEM?
Something's brewing: infopub.sgx.com/FileOpen/ReplytoSGXQuery...cement&FileID=455938

POTENTIAL TRANSACTION:

It has recently entered into a non-binding letter of intent (the “LOI”) with a third party to explore further such an opportunity concerning certain assets of the Group (the “Potential Transaction”).

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