RIS 0.00% 34.0¢ richfield international limited

Ann: Appendix 4E Preliminary Final Report 2014, page-6

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  1. 6,965 Posts.
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    Thanks bozleboo,
    Ms Jennifer Lim sold the majority of her stake (22.5m shares) in 2013 at 16.5c (equally to Sinotrans & Grand Orient Capital)...She still has around 900,000 share & remains an executive director.
    The other founder Chak Tan still retains his stake (23.381 m) & he remains the MD.....Is Jennifer Lim related to Chack Tan?....May explain why she sold her stake yet still retains control via Tan & bringing in 2 strategic investors.
    Couldn't find anything about rights issue.....I am aware of the 10% capacity.
    Chinese & singaporean based businesses are extremely difficult to get a handle on & usually quite illiquid ....But this is the nature of the beast.
 
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