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KLW building a back DOOR for WAH LOON deal worth $200m with Brunei Prince!
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27-11-2013 10:30 AM
Post: #11
imba1328 Offline
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On the intended acquisition, Mr Lee Boon Teck, Executive Chairman and Managing Director
of KLW Holdings Ltd said, “As an investment holding company, KLW constantly identifies
quality assets and companies to expand the Group and bring more value to our
shareholders. The similarities between KLW and Wah Loon’s businesses, with both being
parts of the value chain of the construction industry, present an ideal opportunity for both
companies to synergise their efforts and increase their market competitiveness.”
Mr Alan Chong said: “Being part of a listed group will assist Wah Loon in extending its foot
prints further into the region. Wah Loon started as a sole proprietorship in 1988 and has
grown to a sizeable group with revenue of over $200 million in 2012.”

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27-11-2013 10:30 AM
Post: #12
imba1328 Offline
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Further fund raising through Rights issue come free warrants to
further raised approximately $220M
As part of its plans to raise additional funding, KLW is also planning to issue up to
2,440,278,158 new ordinary shares at an issue price of S$0.02 by way of a renounceable
non-underwritten rights issue of shares with free detachable warrants. The full subscription
of these shares will result in an estimated S$49 million boost in the company’s capital (on
the assumption of full subscription of rights shares). The warrants issued will potentially raise
another S$171 million upon full conversion.

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27-11-2013 10:32 AM
Post: #13
imba1328 Offline
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27-11-2013 10:30 AMimba1328 Wrote:Further fund raising through Rights issue come free warrants to
further raised approximately $220M
As part of its plans to raise additional funding, KLW is also planning to issue up to
2,440,278,158 new ordinary shares at an issue price of S$0.02 by way of a renounceable
non-underwritten rights issue of shares with free detachable warrants. The full subscription
of these shares will result in an estimated S$49 million boost in the company’s capital (on
the assumption of full subscription of rights shares). The warrants issued will potentially raise
another S$171 million upon full conversion.

so it looks like if KLW wants to buy the remaining 70% of WL.... they need the funding from the Warrants conversion at 7 cents....

So the bet is whether KLW will reach 7 cents?

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27-11-2013 10:57 AM
Post: #14
imba1328 Offline
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If KLW buys over the whole of wah loon .... then it makes sense for it to list it separately....

But Wah Loon Alan Chong would probably want a stake in KLW, thus a share swap could be another possibility...

By then the major share holders in KLW becomes Alan Chong and Brunei Prince....

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27-11-2013 11:35 AM
Post: #15
imba1328 Offline
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BB still collecting at 2.9....waiting for the major breakout like Albedo yesterday...

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27-11-2013 01:15 PM
Post: #16
imba1328 Offline
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bursting out of the zeep to 3.7 soon...

0.029 7,527,000 0.030 21,850,000 --
0.028 29,377,000 0.031 29,630,000 --
0.027 14,152,000 -- 0.032 25,898,000 --
0.026 11,155,000 -- 0.033 18,982,000 --
0.025 1,870,000 -- 0.034 9,330,000 --
0.024 2,705,000 -- 0.035 12,170,000
0.023 620,000 -- 0.036 5,515,000 --
0.022 1,354,000 -- 0.037 5,180,000 --
0.021 5,325,000 -- 0.038 2,000,000 --
0.020 550,000 -- 0.039 600,000 --
0.019 500,000 -- 0.040 815,000 --
0.018 100,000 -- 0.043 300,000 --
0.017 160,000 -- 0.050 100,000 --
0.016 1,100,000 -- 0.055 30,000 --
0.015 1,200,000 -- -- -- --
0.012 100,000 -- -- -- --
0.011 200,000 -- -- -- --
0.010 330,000 -- -- -- --
0.009 400,000 -- -- --

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27-11-2013 03:09 PM
Post: #17
imba1328 Offline
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WAH! jin ho LOON ah??

whole morning wait at 2.9

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27-11-2013 03:23 PM
Post: #18
imba1328 Offline
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KLW cheong ah!!!!

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27-11-2013 03:30 PM
Post: #19
imba1328 Offline
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WAH ..how long can 3 cent LOON? hhhee

0.029 12,907,000 0.030 20,333,000 --
0.028 30,177,000 -- 0.031 26,730,000 --
0.027 14,652,000 -- 0.032 29,998,000
0.026 11,155,000 -- 0.033 19,782,000
0.025 2,270,000 -- 0.034 9,830,000 --
0.024 2,705,000 -- 0.035 13,170,000 --
0.023 620,000 -- 0.036 5,515,000 --
0.022 1,354,000 -- 0.037 5,180,000 --
0.021 5,325,000 -- 0.038 1,900,000 --
0.020 550,000 -- 0.039 600,000 --
0.019 500,000 -- 0.040 815,000 --
0.018 100,000 -- 0.043 300,000 --
0.017 160,000 -- 0.050 100,000 --
0.016 1,100,000 -- 0.055 30,000 --
0.015 1,200,000 -- -- -- --
0.012 100,000 -- -- -- --
0.011 200,000 -- -- -- --
0.010 330,000 -- -- -- --
0.009 400,000 -- --

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(This post was last modified: 27-11-2013 03:30 PM by imba1328.)
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27-11-2013 03:35 PM
Post: #20
imba1328 Offline
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16m shares at 2.9 cents ... still no enough??? then grab up 3.0 and 3.1 40m lah

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