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TNCI Tinci Hldgs

19.00
0.00 (0.00%)
Last Updated: 01:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Tinci Hldgs LSE:TNCI London Ordinary Share HK0000034816 ORD 1P (DI)
  Price Change % Change Share Price Shares Traded Last Trade
  0.00 0.00% 19.00 0.00 01:00:00
Bid Price Offer Price High Price Low Price Open Price
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
  -
Last Trade Time Trade Type Trade Size Trade Price Currency
- O 0 19.00 GBX

Tinci (TNCI) Latest News

Real-Time news about Tinci Hldgs (London Stock Exchange): 0 recent articles

Tinci (TNCI) Discussions and Chat

Tinci Forums and Chat

Date Time Title Posts
14/8/201510:19Tinci Holdings - Massive Potential FGD Market Driven by Legislation781
12/9/201409:59Tinci Holdings.....great value5
14/4/201018:25Tinci Holdings - An Easy 5 Bagger256
29/9/200609:52Renesola in IC today4

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Tinci (TNCI) Most Recent Trades

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Tinci (TNCI) Top Chat Posts

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Posted at 19/1/2015 18:41 by rjmahan
Offer through from HL / published on TNCI website - I get my 20p !!!
Posted at 07/1/2015 10:19 by spob
I'd be interested to hear the experience of other TNCI holders


I want to know how different nominee brokers handle this situation

I propose to avoid using Halifax brokers in the future. I will not take any NEW small cap positions with them

I have several accounts. It just so happens that in this instance, I used my Halifax accounts to take positions in TNCI
Posted at 07/1/2015 09:06 by spob
Here's the catch ...


Halifax Sharedealing sent me this




TINCI HOLDINGS LIMITED - Important Information

Proposed Cancellation of Listing.



On 22nd December 2014, the Company announced that is proposing to cancel the admission to trading of its Ordinary shares on the Alternative Investment Market.

Since the Company's admission to AIM in 2006, the quoted price for the shares has fallen significantly. In light of this, the Directors have carefully considered the merits or otherwise of the shares continuing to trade on AIM and have concluded that the commercial disadvantages and costs of maintaining admission outweigh the potential benefits, and that it its therefore no longer in the Company's or its shareholders best interests to remain on AIM.

In addition, the Directors consider there is little benefit to maintaining its status as a Hong Kong public limited company, as such, following the cancellation of the shares on AIM, it is proposed that Tinci Holdings also be re-registered as a Hong Kong private company.

The Cancellation is subject to shareholder approval at a General Meeting of the Company to be held on 15th January 2015.

Subsequently, it is expected that the last day of trading in the Company's Ordinary shares will be 22nd January 2015, and that the Effective Date of the Cancellation will be 23rd January 2015.

You should be aware that if you have not sold or otherwise transferred your shares prior to the Cancellation of Listing you will not be able to sell or otherwise deal in them on AIM after that time.

In view of the above and in order to provide shareholders with a definitive option for exit, Mr Xu Junfu, Tinci Holdings Chief Executive Officer and major stakeholder in the Company has agreed with the Board, to purchase the shares he does not already own at 20 pence per share (conditional on the delisting and re-registration as a private company). To facilitate this Mr Xu has agreed to deposit funds equating to GBP600,000 into an account managed by Computershare Investor Services PLC to fund the purchase of the shares held outside Hong Kong and China. The facility will be made available to shareholders on the Company's share register with addresses outside of Hong Kong or China currently totalling 2,950,041 shares.

Once the facility has been arranged, details will be made available to shareholders on the Company's website at www.tinciholdings.com.

Being a Nominee Service, regrettably we are unable to facilitate trades using such a facility. Should you wish to take advantage of the Company's offer after the Company's shares have been delisted you will be required to withdraw or transfer your shares from our nominee service.

Should you wish to withdraw your shares, please contact our call centre so that we can arrange for this to be done. If you wish to transfer your shares you will need to establish an arrangement with an alternative broker. Should you wish to do this, please contact our call centre with the details of your chosen alternative broker and we will facilitate the transfer of your shares to them. Please be aware that you will need to have contacted your chosen broker in order to complete their necessary transfer process prior to contacting our call centre. Please note that in both cases, normal charges will apply.

Should you retain your holding of Tinci Holdings, we will notify you on receipt of any further information from the Company.



Should you wish to find more information about the Cancellation, please visit the Tinci Holdings website above.
Posted at 06/1/2015 12:22 by roks
Is this 20p the final price or could they come back with a higher offer?
Posted at 29/12/2014 20:08 by mrshaungcm
rns out - directors buyTinci Holdings Ltd. (AIM: TNCI), the AIM quoted environmental engineering company, was today notified that Mr David Steeds, the Company's chairman acquired 30,000 ordinary shares in the Company ("Shares") on 24th December 2014 at a price of 16 pence per share.



Following the transaction Mr Steeds holding increases to 52,000 Shares (0.10% of the issued share capital of the Company).
Posted at 27/12/2014 18:35 by rainmaker
No you haven't roks, as there is a meeting in a few weeks time on 15 January for shareholder approval to delist at 20p a share. Management claim to have irrevocable undertakings from fellow Directors alone for over 80% which takes them over the 75% needed.

regards
Posted at 22/12/2014 08:11 by mrshaungcm
In view of the above, and in order to provide Shareholders with a definitive option for exit, Mr. Xu Jinfu, Tinci's Chief Executive Officer and who has an interest in 63.3 per cent. of the Company's Ordinary Shares, has agreed with the Board to purchase the Ordinary Shares that he does not already own at the price of 20p per Ordinary Share (which is at a significant premium to the current trading price of 4.38p) , conditional on the Company delisting from AIM and re-registering as a private company. To facilitate this Mr. Xu has agreed to deposit ₤600,000 into an escrow account managed by Computershare Investor Services PLC to fund the purchase ofthe Ordinary Shares held outside Hong Kong and China (the "Facility"). The Facility will be made available to Shareholders on the Company's share register with addresses outside of Hong Kong or China, currently totalling 2,950,041 Ordinary Shares. It is anticipated that the full amount of the funds will be deposited into the account prior to the date of the General Meeting, but, should this be delayed for any reason, the General Meeting will be adjourned in accordance with the articles of association of the Company until such time as the full amount is deposited. After the Cancellation is approved at the General Meeting or any adjournment thereof, the Company intends to retain the services of its registrars to administer this purchase of Ordinary Shares after the Cancellation. Once this service has been arranged, details will be made available to Shareholders on the Company's website www.tinciholdings.com.
Posted at 12/9/2014 09:59 by 21trader
TINCI HOLDINGS LTD
INTERIM RESULTS
FOR THE 6 MONTHS ENDED 30 JUNE 2014

Tinci Holdings Ltd. (the "Company" or "Tinci") (TNCI), the AIM quoted environmental engineering company, today announces its unaudited interim results for the six months ended 30 June 2014.

Highlights:

§ Turnover of RMB 66.0 million against RMB 30.3 million in the first half of 2013.

· It remains difficult to win profitable new projects. Two major new projects won in the half year.

§ Loss before tax of RMB 2.03 million (2013: Profit before tax of RMB 2.23 million) after additional provision of RMB 7 million against receivables.

· Company continues to concentrate on developing Flue Gas Desulphurisation ("FGD") joint ventures in niche markets.

Commenting on the results David Steeds, Chairman, said;

"Turnover for the first six months of 2014 showed a substantial improvement on the corresponding period in 2013. However, it is still difficult for Tinci's core FGD business to win new contracts at reasonable margins. A thorough review of receivables led to an increase in receivables provisions of RMB 7 million, which has adversely impacted the result for the period. The management team continues to keep costs under control so as to maintain profit margins.

We were delighted to win contracts for RMB 75 million with Lanzhou Petrochemical Fertilizer Plant and for RMB 29 million with Baotou Power Plant during the period.

The management continues to work on a number of joint ventures with our established partners in niche markets, particularly with China National Petroleum Corporation."
Posted at 12/9/2014 09:39 by 21trader
I agree and said so on my thread. It's so illiquid that any one sided trade sees either big jump or big fall in the price. Interims might well surprise.
Posted at 12/9/2014 08:16 by 21trader
Whoosh !!!!!!!!!

Was worth the wait and these are cheap. Could be worth 3-4 times current price
and not be expensive.
Tinci share price data is direct from the London Stock Exchange

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