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8I Holdings Limited (ASX:8IH)
11-11-2017, 02:53 PM,
Post: #61
RE: 8I Holdings Limited (ASX:8IH)
(09-10-2017, 03:29 PM)Ray168 Wrote: So many M&A going on.... don't really know what is this company core strength.

IMHO L, a Rojak combination.

Sent from my SM-N910G using Tapatalk

Just coincidently browsing this company (when reading SIAS's FB talking about VIC), the share price has tanks to A$0.27.

Does anyone know what trigger to this 'crash'?

Is it due to "Option to sell 8VIC Global Pte Limited and acquisition of substantial interest in Digimatic Group Ltd"?
https://8iholdings.com/wp-content/upload...eement.pdf

Why they want to sell their 8VIC? lol....  Confused

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11-11-2017, 02:59 PM, (This post was last modified: 11-11-2017, 03:08 PM by Ray168.)
Post: #62
RE: 8I Holdings Limited (ASX:8IH)
(11-11-2017, 02:53 PM)Ray168 Wrote:
(09-10-2017, 03:29 PM)Ray168 Wrote: So many M&A going on.... don't really know what is this company core strength.

IMHO L, a Rojak combination.

Sent from my SM-N910G using Tapatalk

Just coincidently browsing this company (when reading SIAS's FB talking about VIC), the share price has tanks to A$0.27.

Does anyone know what trigger to this 'crash'?

Is it due to "Option to sell 8VIC Global Pte Limited and acquisition of substantial interest in Digimatic Group Ltd"?
https://8iholdings.com/wp-content/upload...eement.pdf

Why they want to sell their 8VIC? lol....  Confused

1. Net profit for HY2018 is $2~4M (HY2017 $15.9M)

2. Option is dispose 8VIC
https://8iholdings.com/wp-content/upload...-Final.pdf 

Confused

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28-11-2017, 05:24 PM,
Post: #63
RE: 8I Holdings Limited (ASX:8IH)
ASX Announcement: 28 November 2017, Singapore

Digimatic Group Ltd. (ASX: DMC) is pleased to announce that it has completed the acquisition of 100% equity interest in 8VIC Global Pte. Limited (the "Transaction") for a consideration of 1,525,216,000 pre-consolidated shares at a deemed issue price of A$0.042 per share, with the approval of the Transaction by DMC shareholders at the General Meeting held on 23 November 2017.

The full announcement is available here:
http://www.asx.com.au//asxpdf/20171128/p...1mw9yy.pdf

For more information, please contact info@digimaticgroup.com.

63million valuation.

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