Memstar Technology

[CityFarmer]

United Envirotech Ltd, one of the SSH of the company, disposed close to 40% of its holding. It seems the RTO story is pretty weak...

(not vested)

http://infopub.sgx.com/FileOpen/Form3-UE...eID=293408

[CityFarmer]

One interesting new SSH of Memstar announced today

Mr. Yeo Chung Sun, MD of Lawton & Yeo Design Associates, invested more than $3 mil into the company. He became a SSH with 6.55% stake.

(not vested)

http://infopub.sgx.com/FileOpen/Form3-Ye...eID=295605

[CityFarmer]

One interesting new SSH of Memstar announced today

Mr. Yeo Chung Sun, MD of Lawton & Yeo Design Associates, invested more than $3 mil into the company. He became a SSH with 6.55% stake.

(not vested)

http://infopub.sgx.com/FileOpen/Form3-Ye...eID=295605

Mr. Yeo increased his stake from 6.55% to 7.48% with price approx 1.67 cents

http://infopub.sgx.com/FileOpen/Form3-Ye...eID=296046

(not vested)

[Harvest Time]

Mr. Yeo increased his stake from 7.477% to 15.574%

http://infopub.sgx.com/FileOpen/eFORM3V2...eID=303160

[CityFarmer]

Mr. Yeo increased his stake from 7.477% to 15.574%

http://infopub.sgx.com/FileOpen/eFORM3V2...eID=303160

Yes, very interesting story indeed.

(not vested)

[Harvest Time]

Mr. Yeo becomes 2nd largest shareholder.
Maybe he will be appointed to Director soon or he appoints one of his own person to be Director.

[Harvest Time]

One interesting new SSH of Memstar announced today

Mr. Yeo Chung Sun, MD of Lawton & Yeo Design Associates, invested more than $3 mil into the company. He became a SSH with 6.55% stake.

(not vested)

http://infopub.sgx.com/FileOpen/Form3-Ye...eID=295605

He paid 1.824855 (around 1.825) cents per share for this 6.554% stake.

Acquired 174,827,000 shares
Paid $3,190,340

[Harvest Time]

Shareholder with more than 5%

1) Joyfield Group 563.803m (21.137%), controlled by chairman
1) Pan Shuhong 256.698m (9.634%), chairman
2) Yeo Chung Sun 415.433m (15.574%), new SSH
3) Ge Hailin 139.870m (5.542%), Executive Director, CEO
4) HSBC nominee 139.870m (5.244%)

Total shares 2667.407m

Pan ShuHong has a controlling in Joyfield Group.

Total shares held by top 3 shareholders are 51.887%.
Public float is 48.113%

[Harvest Time]

Yeo Chung Sun has 11.845m shares of United Envirotech base on Year 2013 Annual Report, his United Envirotech shares worth $16.761m based on market price of $1.415

[CityFarmer]

Shareholder with more than 5%

1) Joyfield Group 563.803m (21.137%), controlled by chairman
1) Pan Shuhong 256.698m (9.634%), chairman
2) Yeo Chung Sun 415.433m (15.574%), new SSH
3) Ge Hailin 139.870m (5.542%), Executive Director, CEO
4) HSBC nominee 139.870m (5.244%)

Total shares 2667.407m

Pan ShuHong has a controlling in Joyfield Group.

Total shares held by top 3 shareholders are 51.887%.
Public float is 48.113%

Joyfield group and Ms Pan should be consolidated as one, with direct and deemed interest.

What about the stake holding of Wang YH/Asdew? He should be a SSH, even after the recent disposals, right?

(not vested)