AF Global (formerly: LCD Global Investments Ltd)

J trust is a 146B market company!

http://investing.businessweek.com/resear...er=8508:JP

Announcement by J Trust Corp

http://www.jt-corp.co.jp/wp/wp-content/u...1901en.pdf

(21-09-2014, 10:37 AM)propertyinvestor Wrote: J trust is a 146B market company!

http://investing.businessweek.com/resear...er=8508:JP

thats a huge company then!

(19-09-2014, 03:50 PM)kbl Wrote: SALE OF SHARES BY DIRECTORS AND SUBSTANTIAL SHAREHOLDERS





The Board of Directors (the “Board”) of LCD Global Investments Ltd (the “Company”) wishes to

announce that it has today been informed by Mr David Lum Kok Seng, Beverian Holdings Pte Ltd,

Mr Raymond Lum Kwan Sung, Lum Chang Investments Pte Ltd and Mr Lum Wen-Sum Kelvin

(collectively, the “Vendors” and each a “Vendor”) that the Vendors have today entered into a sale and

purchase agreement with JTrust Asia Pte. Ltd. (the “Purchaser”), pursuant to which the Vendors have

agreed to sell, and the Purchaser has agreed to purchase, an aggregate of 310,475,205 ordinary shares

representing approximately 29.5% of the issued and paid-up share capital of the Company at a price of

S$0.30 per share. The Vendors have further informed the Board that the sale and purchase of the

abovementioned shares is expected to be completed by the end of September 2014 (the “Completion”).



http://infopub.sgx.com/FileOpen/Announce...eID=315335



<not vested>

so the Lums sold to J trust for 30 cents per share...

looks positive

interesting... how does Koh fit into this... is he opportunistic or he was catalyst

(21-09-2014, 10:37 AM)propertyinvestor Wrote: J trust is a 146B market company!

http://investing.businessweek.com/resear...er=8508:JP

Good afternoon everyone.

146B Japanese Yen aka S$1.74B.

http://www.forbes.com/profile/wee-seng-koh/

http://www.forbes.com/profile/wee-meng-koh/

<not vested>

Lum brothers have worked with numerous Japanese construction companies over the last 3 decades. Their move (typical Msian style non GO style sale) only benefits them and the buyers. The turn of events is not surprising IMHO as minorities do not reap the full benefits of the present unlocking move.

Their bid in the first place to buy the company is really to buy LCD on the cheap. If not for the Kohs, LCD would have been languishing... In any event, Koh's motive remains largely unknown except to say that he and his brother suddenly got plenty of $ to spend domestically and overseas...

http://www.businesstimes.com.sg/premium/...s-20140927

PUBLISHED SEPTEMBER 27, 2014
More clarity sought from new LCD directors
HK institutional investor Pyrrho Management cites lack of relevant experience of incoming executive directors among key concerns
BYLYNETTE KHOO
lynkhoo@sph.com.sg @LynetteKhooBT

ONE institutional investor of LCD Global Investments is calling for greater clarity from the firm's new incoming executive directors on their plans for the group.
In an open letter issued on Friday, Pyrrho Management, a family office fund of a private Hong Kong company, flagged a lack of relevant experience of the new directors in property or hospitality among key concerns.
The fund also questioned if a change in LCD's business or any divestment of assets is in the planning, given a proposed name change for the group.
The letter came on the heels of a stake acquisition in LCD by JTrust Asia - a wholly owned unit of Tokyo-listed finance holding company JTrust Co Ltd - from the Lum family.

Looks like Koh is catalyst for JTrust to be white knight then

(22-09-2014, 12:49 PM)specuvestor Wrote: interesting... how does Koh fit into this... is he opportunistic or he was catalyst

Why did Aspial incorporate 2 new companies on thursday?

1) Aspial Global
2) Aspial Investments

What is the currency? And incorporate where?


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