LanTroVision to be acquired by Mirait Holdings

A short update about LanTroVision (SGX:BJK), which I wrote about almost two years ago. LanTroVision has just received an acquisition proposal from MIRAIT Singapore, which is a wholly owned sub of MIRAIT Holdings Corporation (TYO:1417). LanTroVision shareholders will receive S$3.25 in cash per share. The total acquisition price wil be around S$180 million, including expenses. […]

PNE Industries looking to sell PNE Print

PNE Industries came out with an announcement (PDF) today. The company intends to dispose of their subsidiary PNE Print Technology, which was involved in the manufacturing and sale of pre-sensitized plates. Operations at PNE Print were ceased in November 2014, because it was unable to operate profitably. PNE Industries is negotiating with potential purchasers, but […]

AP Oil’s stock boosted by report from KGI Fraser

Yesterday I noticed that the stock of one of my holdings in Singapore, AP Oil International (SGX:5AU), suddenly jumped 20%. There was no press release or other corporate event that I could find. After asking on Twitter I was pointed (thanks Writser!) to a report by broker KGI Fraser┬áSecurities (PDF). KGI initiated coverage on AP […]

Avi-Tech Electronics: cigar butt provides puff

Last week Avi-Tech Electronics (ticker: SGX:CT1) released results for their third fiscal quarter. The company posted a profit from continuing operations of $1.3m SGD. Revenue for the quarter was $6.1m and up 5.8% compared to Q3 2014. The liquidation of their US subsidiaries is also progressing. All in all is was a decent result and […]

Avi Tech Electronics: a net-net experiencing a turnaround?

I have bought a very small position in Avi Tech Electronics (ticker: SGX:CT1) in Singapore. The company provides burn-in, engineering and manufacturing services for the semiconductor and electronics industries. Avi Tech has lost a lot of money in recent years, but their biggest losses came from two subsidiaries in the US and these operations are […]