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14-01-2016, 10:25 AM
Latest update on the company. The key word is "Oei Hong Leong" 
(not vested)
Asia-Pacific Strategic Investments in RTO of China-based property group and placement deal with Oei Hong Leong
SINGAPORE (Jan 14): Asia-Pacific Strategic Investments ( Valuation: 0.90, Fundamental: 1.25) is acquiring a 100% stake in a China-based investments manager cum property developer for RMB150 million ($33 million).
The proposed acquisition will result in a reverse takeover of APSI.
To help finance the deal, APSI announced in a separate filing it has agreed to place out 2.6 billion new APSI shares at $0.0054 each to Oei Hong Leong to raise $14.2 million. APSI shares last traded at $0.006.
Both the RTO and private placement deals will require the approval of shareholders
...
http://www.theedgemarkets.com/sg/article...t-deal-oei
(not vested)
Asia-Pacific Strategic Investments in RTO of China-based property group and placement deal with Oei Hong Leong
SINGAPORE (Jan 14): Asia-Pacific Strategic Investments ( Valuation: 0.90, Fundamental: 1.25) is acquiring a 100% stake in a China-based investments manager cum property developer for RMB150 million ($33 million).
The proposed acquisition will result in a reverse takeover of APSI.
To help finance the deal, APSI announced in a separate filing it has agreed to place out 2.6 billion new APSI shares at $0.0054 each to Oei Hong Leong to raise $14.2 million. APSI shares last traded at $0.006.
Both the RTO and private placement deals will require the approval of shareholders
...
http://www.theedgemarkets.com/sg/article...t-deal-oei
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