KING WAN CORP -- loads of cash

Above $0.300 now ..... still waiting for the news .....

Apparently the skywood condo is not selling well. The agents won't release the price list.

Any idea how many units already sold ?

Hope that the IPO is good and also hope that they are able get more projects.

I read that Shipping line is also picking up

Gin wrote: Apparently the skywood condo is not selling well. The agents won't release the price list.

Slow take up rate. Only 35 out of 420, less than 10% according to channelnewsasia

www.channelnewsasia.com/news/singapore/p...me-sales/805460.html

Gin

Thanks for the information.

That was then and I think it more units already sold by now.

Maybe > 60 units ?

Gin wrote: Slow take up rate. Only 35 out of 420, less than 10% according to channelnewsasia

www.channelnewsasia.com/news/singapore/p...me-sales/805460.html

Hi guys: The stake that King Wan has is just 17.5%.

Hock Lian Seng has 50%, TA Corp 22.5%, & Far East Distilliers 10%.

The KTIS IPO is around the corner, maybe October, now that they have secured Sumitomo & Nissin as investors. This is the catalyst that we are all waiting for. And the stock has firmed up. Have you noticed?