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| Share Name | Share Symbol | Market | Stock Type |
|---|---|---|---|
| Oxford Nutra Gp | ONG | London | Ordinary Share |
| Price Change | Price Change % | Share Price | Last Trade
|
|
|---|---|---|---|---|
| 0.00 | 0.00% | 4.00 | 00:00:00 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 4.00 |
| Top Posts |
|---|
Posted at 10/2/2011 19:02 by tomboyb I was having a peep at these today.462mill shares in issue. |
Posted at 22/10/2006 14:36 by energyi At the time when Tata Steel had its eye on NatSteel, the latter had just completed a new shareholder structure some 18 months previously when 98 Holdings paid S$770 million (US$437.5 million) in taking up 51.23% of the company. 98 Holdings enlisted two private equity investor groups, GEMS Ltd. and Standard Chartered Private Equity ('consortium') as its shareholders. It is understood the combined payment made by the consortium in this deal was in the vicinity of US$35 million.In August 2004, Tata Steel made it known that the acquisition of the core assets of NatSteel would mean a "significant" step in its quest to enter the global playing field. In acquiring NatSteel's mills, it would add an additional 2 million tonnes to its domestic capacity of 7.5 million tonnes. To shareholders of NatSteel, Tata Steel's offer was attractive and came at a time when the new shareholders of NatSteel were unable to lift the company's profit margin, after having been in the driver's seat for nearly 18 months. In the first half of 2004, NatSteel's profit from operations declined by 3% to S$21.8 million. In a cash payment that amounted to S$486.4 million, Tata Steel took over NatSteel's principal source of income, the still mills in Singapore, China, Malaysia, Vietnam, the Philippines, Thailand and Australia. Together, these operations accounted for some 82% of NatSteel's 2003 revenue, 47% of pretax profit and half of the net asset value. NatSteel's shareholders were left with its non-steel businesses, which included petro-chemicals, engineering and construction products, as well as property and investment businesses. For private equity investors, the investment in NatSteel has been a rewarding venture. In the first year since taking over the boardroom of NatSteel, the company paid a special dividend of S$0.55 per share. A portion of the net proceeds coming from Tata Steel, after a debt payment of approximately S$20 million, were distributed to NatSteel shareholders. According to GEMS, it has tripled its invested capital in NatSteel, recording an impressive internal rate of return of 50%. It would be questionable whether such an impressive return could be achieved without Tata Steel's S$486.4 million cash payment. ...more: |
Posted at 22/10/2006 10:41 by energyi A 'trial' holiday - July 14, 2004business-times.asia1 Published on: 7/14/2004 Last Visited: 7/14/2004 A BT reporter covering Mr Oei's defamation suit against four parties including Ong Beng Seng's 98 Holdings and its director David Ban got a phone call from a woman in Hong Kong who said she would like to attend the hearing in Singapore. Asked why, the woman said she is an investor in Mr Oei's Hong Kong-listed company and she is on her way to Singapore for a holiday anyway. |
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