We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Tembusu | LSE:TIL | London | Ordinary Share | BMG875261023 | ORD 1P (DI) |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 2.375 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
TIDMTIL
RNS Number : 7905N
Tembusu Investments Limited
07 September 2011
The following amendments have been made to the "Sale of shares by Total International Investments Limited and change of the board of directors" announcement released on 7 September 2011 at 09:52 under RNS No 7839N.
Lai Seng Kwoon's directorships of Celestial NutriFoods Limited (provisional), China Milk Products Group Limited and China Sun Bio-Chem Technology Group Co Limited (provisional) have been moved to the "Previous directorships" column as Mr Lai has resigned from these companies. The liquidation of China Milk Products Group Limited has also been marked "provisional" and the column headings have been updated to reflect the fact that none of his current directorships are now of companies in provisional liquidation, but some of his previous ones now are.
The date of the announcement has also been corrected from 6 September 2011 to 7 September 2011.
All other details remain unchanged.
The full amended text is shown below.
______________________________
7 September 2011
Tembusu Investments Limited
("Tembusu" or the "Company")
Sale of shares by Total International Investments Limited and change of the board of directors
The Company has been informed that Total International Investments Limited ("Total"), which is at present the majority shareholder in the Company, entered into a conditional agreement on 5 September 2011 with Shine Link Limited to sell to it 45 million ordinary shares of one penny each in the capital of the Company ("Shares"), respectively, for a total GBP1,720,000.00 (the "Sale"). The Agreement has become unconditional and the Sale is now completed. Total no longer holds any Shares.
The current Board of Directors, Mr Yahya Mirza, Ms Zhang Yun and Mr Robert Wearing will resign on 7 September and be replaced by the appointment of a new executive director, Chan Fook Meng and one non executive director, Mr Lai Seng Kwoon. An additional non executive director will be appointed as soon as possible and a further announcement will be made in due course. Details of Mr Chan and Mr Lai are set out below. The new management will seek to enhance shareholder value by acquiring suitable high growth businesses in Asia. Any change to the existing investment strategy of the Company will need to be approved by shareholders at a General Meeting. The Company takes this opportunity to express its sincere appreciations to Mr Mirza, Ms Zhang and Mr Wearing for their support and contributions in the past.
Mr Chan Fook Meng owns 100% of Shine Link Limited, a British Virgin Islands registered company. In addition, Mr Chan has purchased all the shares in Bernholz Limited from Mr Lawrence Cheung. Through Bernholz Limited, Mr Chan holds another 10 million Shares. Upon completion of the Agreement, Mr Chan will indirectly hold 55 million Shares representing approximately 78.57 per cent. of the issued share capital of the Company and, in addition, through Bernholz, Mr Chan will hold warrants over a further 30 million shares in the Company.
For enquiries: Tembusu Investments Limited Tel: +65 9630 7808 Chan Fook Meng, Chairman and Chief Executive Officer Allenby Capital Limited (Nominated Adviser and Broker) Tel: +44 (0)20 3328 5656 Brian Stockbridge Dan Robinson James Reeve
Regulatory disclosures
Chan Fook Meng (aged 50) and Lai Seng Kwoon (aged 52) are or have been directors of the following companies in the last five years:
Director Current directorships Previous directorships Chan Fook Bestsky Consulting 7 Labs Pte Limited Meng and Business Solutions Alchem Global Private Private Limited Limited Claymore Technology CNAM Management Private Limited Services Private Clementi Distribution Limited Private Limited Lucas H&P Private Equity Chambers (Asia) Limited Private Limited Park One Private Fairway Everbright Limited Private Limited Startech Loyalty First Carbon Holdings Private Limited Limited Sunlabel Private First Carbon Trust Limited Limited Tembusu Investments Foresight Associates Limited Private Limited Total International Healthgrowth Private Investments Limited Limited UniLegal LLC Jersey Hills Holdings Veles Solutions Limited Private Limited Kian Contract (S) Private Limited M.E.I. Consultants Private Limited Menora Construction Private Limited Menora Trading Limited Orlit Enterprises (S) Private Limited Purestar Group Limited Quality City Limited Sea Rock Holdings Limited Shine Link Limited SPT Asia Private Limited Superall Investments Limited Total Management Private Limited Tricor Environmental Private Limited Tricor plc Vantage Capital Private Limited Vantage Corporation Limited Watermark Construction Private Limited Watermark Developments Limited Watermark Developments Private Limited Your Majesty Entertainment Private Limited Riester Limited Central Partners Investments Limited Lai Seng Aero Inventory Singapore Corporate Planning Kwoon Private Limited Advisory Private China Sky Chemical Limited Fibre Co Limited Corporate Professional Egg Harvest Private Advisors Private Limited Limited LMS Consulting Private Faulding Distributors Limited (SEA) Private Limited Marble Bar Asset Hengxin Technology Management (Singapore) Limited Private Limited Kingsville Capital Oceanus Group Limited Limited Reed Works Limited KNP Investments The Training Advisory Private Limited Company Pte Limited Landwind Medical United Sino Limited Holdings Limited LB Queensland Pte Limited Lehman Brothers Asia Pacific (Singapore) Private Limited Lehman Brothers Bangkok Riverside Development Private Limited Lehman Brothers Capital Asia Private Limited Lehman Brothers Commodities Private Limited Lehman Brothers Finance Asia Private Limited Lehman Brothers Investments Private Limited Lehman Brothers Pacific Holdings Private Limited Lehman Brothers Thailand Investments Private Limited Sail Investor Private Limited Sino Construction Limited Startech Electronics Limited Thai Copper Industries Public Company Limited Current directorships Previous directorships of companies in liquidation: of companies in provisional or actual liquidation: Lai Seng Celestial (Singapore) 2BSure.com Private Kwoon Nutrifoods Private Limited Limited Bizworks Consulting China Sun Bio-Chem Private Limited Technology (S) Co Celestial NutriFoods Private Limited Limited (provisional) New City Asia Fund China Milk Products Management Private Group Limited (provisional) Limited China Sun-Bio-Chem Oriental Century Technology Group Limited Co Limited (provisional) NCAT 2 Private Limited* NCAT 3 Private Limited* New City Asia Trust Management Private Limited* New City Group Funds Management Private Limited* Santa Rosa Investments Private Limited TAS Express Asia Pacific Private Limited
In Mr Lai's professional capacity as an accountant he acts as nominee director or for listed companies as independent director of a number of companies in liquidation referred to under his name above. These appointments were assumed to enable the relevant companies to comply with local regulatory requirements, for planned restructurings and where the companies were to be put in liquidation, in order to facilitate the liquidation process. A number of these cases were for the purposes of a solvent liquidation. In respect of the companies above marked with an * his appointment as director occurred after the company was placed into liquidation.
Save as disclosed above, there are no further disclosures to be made in relation to Chan Fook Meng or Lai Seng Kwoon under Schedule Two, paragraph (g) (i)--(viii) of the AIM Rules for Companies.
This information is provided by RNS
The company news service from the London Stock Exchange
END
BOAUGUAABUPGUBM
1 Year Tembusu Chart |
1 Month Tembusu Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions