Radiant Gwth Share Discussion Threads

[andrbea] 08/11/2011 15:42

we're getting AT trades now
maybe a sign that institutions are on board

08/11/2011 15:07:42 RADG 49.00 AT 6,000
08/11/2011 15:07:42 RADG 49.00 AT 6,000
08/11/2011 15:06:51 RADG 48.00 AT 6,000

[andrbea] 04/11/2011 15:17

another 8%

what a cracking share!

[andrbea] 03/11/2011 08:50

more on the gas pipeline project, and the Songkhla gas separation plant.

[andrbea] 24/10/2011 14:55

24 October 2011

Radiant Growth Investments Limited

("Radiant Growth" or the "Company")

Investment into Oil and Gas Service Project

The Company is pleased to announce its first investment, which is into a major oil and gas services project on the Thailand-Malaysia border.

Radiant Growth is investing RM0.5m (approx £0.1m) for 15 per cent of Rancang Istimewa Sdn Bhd ("RISB"), a new company set up to manage the development of a multi buoy mooring system at the TTM Gas separation plant in Songhla, Thailand, for the delivery of natural gas liquids ("NGL"), or condensates, directly into ocean-going tankers (the "Project"). In addition, Radiant Growth has agreed to invest up to a further RM5.5m, conditional upon inter alia the agreements for the Project being signed with Petroliam Nasional Berhad ("Petronas"), in convertible preference shares ("CPS") in RISB.

The TTM Gas separation plant lies at the end of the 277km Trans Thailand Malaysia ("TTM") pipeline from the gas fields in the Malaysia-Thailand Joint Development Area ("JDA"). The plant has been in operation since September 2005, with NGL being delivered by road tankers (ISO tanks) to Padang Besar for the Malaysian domestic market.

In order to reduce costs and increase efficiency, RISB propose building a multi buoy mooring system in the waters offshore of the Songkhla gas separation plant, linked to the plant by a 3.5km pipeline at depths of up to 50m. Multi-buoy mooring systems for the delivery of liquids and gas have been installed at refineries in South America, Angola, Republic of Dominica and Japan, but this is the first such system to be built in Malaysia or Thailand. In addition, RPSB intends to enter into a joint marketing arrangement ("JMA") with Petronas Trading Corporation Sdn Bhd for the marketing of the gas from the TTM Gas separation plant.

The total cost of the project is estimated at approximately RM100m (£20m), to be funded mainly by debt, and is expected to take two years to completion. In the meantime, revenues will be generated through the JMA.

The terms of the CPS entitle the holder, Radiant Growth, to 50 per cent of the post tax profits of RISB and are convertible into such numbers of new ordinary shares in RISB as would be equivalent to 45 per cent of RISB upon a trade sale or IPO or similar event.

[andrbea] 24/10/2011 14:50

49%
still below people's radar
eg no posts here

should do well IMO when volumes on AIM get back to normal after the Eurozone remedy (Wednesday hopefully), and this one gets noticed by cash-rich punters still on the sidelines.

[andrbea] 11/10/2011 16:39

going back up (7%)

[andrbea] 05/10/2011 08:02

up pre-market

[jbm] 04/10/2011 13:04

Hi,

There is a new ADVFN Wiki page for this company. It is pretty basic and needs expanding on. Anyone can edit it.



Apologies if this has been posted before.

Cheers,

Jon

[andrbea] 23/9/2011 10:11

strong start......


Radiant Growth Investments Limited ("Radiant Growth" or "the Company"), a Jersey incorporated investing company, is pleased to announce its admission to the AIM market of the London Stock Exchange ("Admission") and the first day of dealings in its ordinary shares under ticker symbol RADG.



The Company's Investing Policy is to invest in or acquire one or more companies, partnerships, joint ventures or businesses in the Asia Pacific region in the mining, oil and gas, energy and utility and palm oil and other natural resources sectors.



The Company has raised £6.3 million through a subscription and placing of an aggregate of 63,200,000 new ordinary shares at a subscription price of 10 pence per share ("the Subscription") representing 61% of the enlarged share capital of the Company at Admission. On Admission, the Company will have 103,200,000 ordinary shares of no par value in issue. The market capitalisation of the Company at the subscription price of 10p per ordinary share is £10.3 million.



Daniel Stewart and Company plc is acting as Nominated Adviser and Broker to the Company. A copy of the Admission Document is available on the Company's website www.radgltd.com.





For further information please visit www.radgltd.com or contact: