$Alliance Mineral(40F.SI) Australian miner Alliance Mineral Assets on Tuesday night (Dec 5) said the company was made aware that a writ of seizure and sale dated Nov 23, 2017 has been issued by Singapore's High Court.

Some 40,029,786 Alliance Mineral shares belonging to substantial shareholder Living Waters Mining Australia (LWMA) were seized. LWMA is a private company wholly owned by Alliance Mineral's chief executive Tjandra Adi Pramoko, and his wife, executive director Simone Suen Sze Man.

The seizure is, however, limited to LWMA or Mr Tjandra satisfying payment of about S$5.48 million to Grande Pacific. This amount includes S$5.46 million pursuant to the settlement agreement between the parties, being the difference between the strike price of S$0.50 per share and the volume weighted average price of S$0.3815 per share.

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$Alliance Mineral(40F.SI)

'SINGAPORE (Apr 17): Shares in Alliance Mineral Assets edged lower this morning after announcing on Monday night it plans to issue 13.25 million new shares valued at nearly $4.9 million to certain directors and executives including former CEO Tjandra Pramoko and wife and executive director Suen Sze Man who were both asked to step down earlier.

The value of the shares was based on last Friday's ... '

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$Alliance Mineral(40F.SI)

'SINGAPORE (Apr 5): Alliance Mineral Assets and ASX-listed Tawana Resources have announced plans for a merger via a court-approved scheme of arrangement.

Under the scheme of arrangement, Tawana shareholders will receive 1.1 new Alliance shares for every one Tawana share held.

On completion of the deal, Tawana will become a wholly-owned subsidiary of Alliance, with existing Alliance and ... '

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$Weiye(BMA.SI) $Alliance Mineral(40F.SI) $SGX(S68.SI) $Acromec(43F.SI)

'SINGAPORE (Mar 14): Here are some stocks that could move the market this Wednesday morning:

Weiye Holdings, the China based residential property developer, has received an offer from Chairman and CEO Zhang Jianwei to delist from the Singapore Exchange (SGX). Weiye will however continue to maintain its primary listing on the Mainboard of the Stock Exchange of Hong Kong (SEHK). The exit offer ... '

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#market-outlook

'Here are some stocks that could move the market this Friday morning:

Oxley Holdings reported a 45% drop in 2Q18 earnings to $68 million from a year ago. This brings 1H18 earnings to $116.8 million a year ago, down 11% y-o-y. Revenue for 1H18 dipped 2% to $716.7 million. The homegrown property developer has declared an interim dividend of 0.72 cents and a 1-for-5 bonus share issue has been proposed. Year to date, shares in Oxley are up 17.5% to 67 cents. $Oxley(5UX.SI)

CapitaLand has, through its wholly-owned subsidiary CapitaLand China, signed a strategic cooperation memorandum of understanding (MoU) with Wuchang’s district government to develop a proposed integrated development on a prime site in the area. Wuchang is known as the urban core of Wuhan, the capital of Hubei Province in China. Shares in CapitaLand closed 1 cent higher at $3.81 on Thursday. $CapitaLand(C31.SI)

Cache Logistics Trust has declared DPU of 1.597 cents for the 4Q17 ended Dec. This was 9.8% lower compared to the DPU of 1.770 cents declared in 4Q16 due to an enlarged units base after completing a rights issue in Oct 2017. Excluding the effects of the rights issue, 4Q17 DPU would have fallen a smaller 1.1% to 1.829 cents. 4Q17 gross revenue and NPI rose by 8.5% and 10.2% to $29.6 million and $23.5 million respectively compared to 4Q16. Units in CacheLog closed at 87.5 cents on Thursday. $Cache Log Trust(K2LU.SI)

Alliance Mineral Assets says all of CEO Tjandra Pramoko debt to one-time business partner, Jonathan Lim Keng Hock has been fully repaid. A tranche of 46.1 million shares owned by the CEO but seized on court order has also been released. In addition, Pramoko on Jan 12 sold 19 million AMA shares, or a 3.42% stake, at an undisclosed price to an unnamed private investor, leaving him with 12.08% stake. Year to date, AMA shares have gained 10.5% to close at 42 cents on Thursday. $Alliance Mineral(40F.SI)

Venture Corporation’s wholly-owned subsidiary Venture Enterprise Innovation Inc. has entered into a sale and purchase agreement to acquire a freehold property in California for US$28.4 million ($38.8 million). VEI intends to renovate and refurbish the property, which will be used for activities in connection with a new platform enterprise to forge new alliances, partnerships and ventures. Shares of Venture Corp closed 34 cents higher at $23.15. $Venture(V03.SI)

Katrina Group, the F&B group specialising in multi-cuisine concepts and restaurant operations, has opened its So Pho restaurant in Shanghai, China, under its joint venture (JV) company named So Pho International with Big Benefit Group. Big Benefit Group is a subsidiary of Ajisen (China) Holdings, which in March last year entered into an MoU with Katrina to open the So Pho chain of restaurants in Hong Kong and China. Shares in Katrina closed flat at 18 cents on Thursday. $Katrina(1A0.SI)

Markets
Wall Street stocks pulled back from records on Thursday as concerns about a possible US government shutdown and lofty equity valuations dented sentiment.The Dow Jones Industrial Average fell 0.4% to finish the session at 26,017.81. The S&P 500 lost 0.2% at 2,798.03, while the Nasdaq Composite Index slipped less than 0.1% to 7,296.05.

Singapore shares tumbled for the second straight day on Thursday, with the benchmark Straits Times Index (STI) closing 20.6 points, or 0.58%, lower to 3,521.31. A total of 1.75 billion shares worth $1.32 billion changed hands, with losers outnumbering gainers 255 to 199.'

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$Alliance Mineral(40F.SI)

'A long-running dispute between the CEO of Alliance Mineral Assets, Tjandra Pramoko, and his one-time business partner, Jonathan Lim Keng Hock, appears to be settled.

On Thursday night, AMA announced in a filing that all of Pramoko’s debt to Lim has been fully repaid, and a tranche of nearly 46.1 million shares owned by the CEO but seized on court order, has been released.'

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