Posted by albertlaw > 2015-04-06 23:01 | Report Abuse

G.P industries also bought into G.P Bat shares besides Victor the CEO buying GP Bat shares ..will there be concerted take over of G.P bat shares?




Change of shareholdings in GP Batteries International Limited
The Directors of GP Industries Limited (the “Company”) are pleased to announce
that the Company has today acquired 42,300 ordinary shares (the “Additional GPB
Shares”) in the capital of GP Batteries International Limited (“GP Batteries”) by way
of open market purchases on the Mainboard of the Singapore Exchange Securities
Trading Limited (the “SGX-ST”). The aggregate consideration, excluding brokerage
and stamp duty, payable by the Company for the Additional GPB Shares and to be
funded by the Company’s internal cash resources, is S$41,727.
Based on the weighted average price of S$0.9854 per ordinary share in the capital
of GP Batteries (a “GPB Share”) transacted on 2 April 2015, being the market day
preceding the date of acquisition of the Additional GPB Shares on which GPB
Shares were transacted on the SGX-ST, the market value of the Additional GPB
Shares is S$41,682.
Following the completion of the acquisition of the Additional GPB Shares, the
Company’s interest in GP Batteries will increase from 101,065,144 GPB Shares,
representing approximately 61.32 per cent. of the shareholdings in GP Batteries, to
101,107,444 GPB Shares, representing approximately 61.35 per cent. of the
shareholdings in GP Batteries.
By Order of the Board
Lynn Wan Tiew Leng
Company Secretary
6 April 2015

Posted by albertlaw > 2015-04-08 22:34 | Report Abuse

Change of shareholdings in GP Batteries International Limited
The Directors of GP Industries Limited (the “Company”) are pleased to announce
that the Company has today acquired 98,000 ordinary shares (the “Additional GPB
Shares”) in the capital of GP Batteries International Limited (“GP Batteries”) by way
of open market purchases on the Mainboard of the Singapore Exchange Securities
Trading Limited (the “SGX-ST”). The aggregate consideration, excluding brokerage
and stamp duty, payable by the Company for the Additional GPB Shares and to be
funded by the Company’s internal cash resources, is S$98,000.
Based on the weighted average price of S$1.0065 per ordinary share in the capital
of GP Batteries (a “GPB Share”) transacted on 7 April 2015, being the market day
preceding the date of acquisition of the Additional GPB Shares on which GPB
Shares were transacted on the SGX-ST, the market value of the Additional GPB
Shares is S$98,637.
Following the completion of the acquisition of the Additional GPB Shares, the
Company’s interest in GP Batteries will increase from 101,137,644 GPB Shares,
representing approximately 61.37 per cent. of the shareholdings in GP Batteries, to
101,235,644 GPB Shares, representing approximately 61.43 per cent. of the
shareholdings in GP Batteries.
By Order of the Board
Lynn Wan Tiew Leng
Company Secretary
8 April 2015