||EPS - Basic
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Asia Resources Share Discussion Threads
Showing 4126 to 4147 of 4150 messages
accounts are overdue|
|someone on iii says they managed to sell their shares at 2.5p. Anyone else been successful and if so who did you sell them to.|
does this mean that any shares one had in ASR, have now gone?...in simple terms, you lose your money?|
|fukc me i've got that as the most pointless post of the year thus far, several days late and widely available without some lemon copy and pasting. Now hurry off to work.|
|RNS Number : 7262F
19 January 2010
CANCELLATION OF ADMISSION OF SECURITIES TO TRADING ON AIM
ASIA RESOURCES PLC
Trading on AIM for the under-mentioned securities have been cancelled from 19/01/2010 7:00am pursuant to AIM Rule 1.
Ordinary Shares of 1p each
If you have any queries relating to the above, please contact AIM Regulation at the London Stock Exchange on 020 7797 4154
This information is provided by RNS
The company news service from the London Stock Exchange
|lqs thanks for the post! Still holding my breath!|
* BY: Andrew Hore |
* POSTED: 24/12/2009 |
* COMMENTS: Add yours
Five directors have resigned from the board of Asia Resources leaving chief executive Peng Hoong Leong as the only director.
Tinderhouse investor relation solutions
This follows the resignation of nominated adviser ZAI Corporate Finance on 16 December. The shares were suspended at 1.75p each, which values Asia Resources at £2.62m.
The latest departures make it look less likely that the gold trader and jewellery manufacturer will find a new nominated adviser before the month is up.
Dennis Edmonds (chairman), Michael Stainer (finance director), Lip Lin Tan, Dato Haji Sulaiman bin Abu Bakar and Ong Chong Hua have all stepped down from the board.
Revenues rose by one-fifth to MYR749.5m in the first half of 2009, helped by the rise in the gold price. However, gross margins have fallen and pre-tax profit declined from MYR3.16m to MYR2.69m. Net debt was MYR40m at the end of June 2009.
When Lin Shoon Jewellers reversed into Asia Resources at the start of 2008 it failed to disclose that it was in dispute with E-Qirad Sdn Bhd.
The sale of the company's money lending operation has been unwound because the proposed buyer never paid.
Religare Hichens Harrison is still broker.|
|I hope this is resolved soon and we dont delist... like your theory lqs, get all the positions filled and relist with a sharp rise to previous levels... i can hope lol|
|Heres a theory. Someone has been caught cooking the books. Its been discovered by the Board and they have all resigned in disgust. Just a theory.|
|It all looked good, i don't understand whats happened... not very happy though...|
|So all the directors hve resigned except one, the major shareholder. The NOMAD has gone as well. These shares will nbever relist now. No NOMAD will take this on when there is no board of directors. Does anyone know what has caused all this hoopla?|
|QUIN, fingers crossed mate.|
|i told you mike to get out|
|Agree, if a new one is found within a month all will be well. Fingers crossed... hope you didn't tie too much up in this QUIN.|
|How can you "move over" when you are stuck in a suspended stock :-))|
|Move over with what? Shares are suspended lol Cannot trade...
'Under Rule 1 of the AIM Rules a company's shares will be suspended from
trading on AIM if it does not have a Nominated Adviser and the admission of its shares to trading on AIM will be cancelled one month after suspension if a
replacement Nominated Adviser has not been appointed within that time.'|
|Move over to SOU!|
|Oh great! Suspension... not what i wanted to see! Now what?|
|"because the shareprice is saying
something is very wrong here ?"|
|Sorry quinan, just seen the news.
The shareprice was definately pointing to problems !|
|My day just gets better|
|Well do post the facts on the thread then because nobody else
is rushing too and there's a few that could do with the corrent
information about their accounts because the shareprice is saying
something is very wrong here ?|