AsiaMedic

[dydx]

FY12 (ended 31Dec12) full-year results just out for this essentially single-outlet limited service specialist clinic located in Shaw House along the Orchard Road belt.....
http://info.sgx.com/webcoranncatth.nsf/V...B002FCEDE/$file/AML_FY2012_Results_Announcement.pdf?openelement [results announcement]
http://info.sgx.com/webcoranncatth.nsf/V...B002FCEDE/$file/AML_FY2012_Results_Press_Release.pdf?openelement [press release]

Based on the latest (31Dec12) total issued 335.23m shares and the last done share price of $0.132 (as at 22Jan13), AsiaMedic now has a market cap. of $44.25m - vs. a NAV of $13.72m as at 31Dec12. When compared with its FY12's revenue of $11.9m and very small NP of only $81k, it appears that Mr Market is perhaps a little over generous towards this counter.

[Tiggerbee]

AsiaMedic: Sale Of 28.15% Stake At S$0.18 Per Share By Substantial Shareholder & Director.
02 Jun 2015 17:29

AsiaMedic Limited has been informed by Grandiflora Pte. Ltd. and Mr. Tan Wang Cheow that the Vendors have entered into a sale and purchase agreement with Luye Medicals Group Pte. Ltd. pursuant to which the Vendors have agreed to sell, and the Purchaser has agreed to purchase, an aggregate of 95,431,396 ordinary shares representing approximately 28.15% of the issued and paid-up share capital of the Company at a price of $0.18 per share. The Vendors have further informed the Board that the sale and purchase of the abovementioned shares is expected to be completed on 3 June 2015...

http://www.btinvest.com.sg/markets/news/...ce=si_news