Friday, April 30, 2010

PreOffer Announcement: Sim Siang Choon (594)

References: SGX - SIM SIANG CHOON

Company Info:
Sim Siang Choon Ltd is a Singapore-based investment holding business engaged in the provision of management services to its subsidiaries. The Establishment operates in 3 segments: bathroom, which comprises sanitary ware, shower screens, taps and hand showers, baths and spas, vanity tops, bathroom cabinets and bathroom accessories; kitchen and others, which comprises kitchen cabinet systems, kitchen sinks and appliances product, and assignment which includes results from supply of sanitary wares to construction contracts. The Company operates in Singapore. The Establishment’s wholly owned subsidiary is Sim Siang Choon Hardware (S) Pte Ltd, which is engaged in dealing of all kinds of sanitary hardware, appliances, accessories and fixtures for use in bathroom, toilets and kitchens.



Offer Price
$0.11

The offer price is almost half of the current price, meaning a huge discount. Not sure why though.

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1 comment:

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