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Home > News & Events > Corporate News
 February 22, 2010

Proposed acquisition of 77.679% of the issued and paid-up capital of PT Centrin Online Tbk

Singapore, 22 February 2010 - The Board of Directors (the “Board”) of Teledata (Singapore) Limited (the “Company”) refers to the Company’s announcements of 22 December 2009 and 20 January 2010 in respect of the proposed acquisition of shares in PT Centrin Online Tbk (the “Proposed Acquisition”).

As announced on 20 January 2010, the Company and PT Centrin Inti Utama (the “Vendor”) had mutually agreed to extend the date for entering into formal and definitive documentation in respect of the Proposed Acquisition, including a conditional sale and purchase agreement, (the “Definitive Agreements”) to 21 February 2010.

In relation to the above, the Board wishes to announce that as of date, no Definitive Agreement has been entered into between the Company and the Vendor, and neither has any further extension for entering into the Definitive Agreement been agreed between the Company and the Vendor. Further, and in relation thereto, the Company and the Vendor have mutually agreed to terminate all negotiations between them in respect of the Proposed Acquisition and that the non-binding memorandum of understanding entered into between the parties on 21 December 2009 shall forthwith terminate.

The termination of the Proposed Acquisition does not have any material impact on the net tangible assets of the Company.

News

September 3, 2010 Equity line of credit of up to S$35,000,000 with GEM Global yield fund
August 16, 2010 Announcement of cessation as Executive Director
August 16, 2010 Resignation of Executive Director
August 14, 2010 Teledata (Singapore) Limited Half Year Financial Statement And Dividend Announcement
August 12, 2010 Requisition - Convening of an extraordinary general meeting pursuant to section 176 of the companies act (cap 50)
July 15, 2010 Notice of a change in the percentage level of a substantial shareholder's interest
July 15, 2010 Notice of a change in the percentage level of a substantial shareholder's interest
July 15, 2010 Notice of a substantial shareholder's interest
July 15, 2010 Notice of a substantial shareholder's interest
July 15, 2010 Notice of a change in the percentage level of a substantial shareholder's interest
July 15, 2010 Notice of a change in the percentage level of a substantial shareholder's interest
July 05, 2010 Announcement of cessation as Executive Director
July 05, 2010 Announcement of cessation as Executive Director and chairman
June 18, 2010 Termination of company's chief executive officer
June 14, 2010 Termination of the proposed acquisition of 51% of the issued and paid-up capital of Elektromotive Ltd
June 14, 2010 Termination of the proposed acquisition of 100% of the issued and paid-up capital of Ione Resources, Inc
June 14, 2010 Announcement of appointment of Executive Director
June 14, 2010 Announcement of Cessation as non-Executive Director who is an Audit Committee member
June 14, 2010 Teledata announces resignation and appointment of non-Executive Director and Executive Director
May 25, 2010 Clarification of articles in Business Times on 20 May 2010 and 21 May 2010
May 10, 2010 Notice of a substantial shareholder's interest
May 05, 2010 Resolutions passed at the Annual General Meeting held on 30 April 2010
May 05, 2010 Company's Chief Executive Officer to take leave of absence with effect from 1 May 2010
May 05, 2010 Additional Information - Annual Report for the Financial Year ended 31 December 2009
April 30, 2010 Announcement of appointment of executive director
April 30, 2010 Announcement of appointment of non-executive director
April 30, 2010 Announcement of cessation as non-Executive Director
April 30, 2010 Announcement of cessation as independent director
April 30, 2010 Teledata announces resignation and appointment of non-Executive Director and Executive Director
April 30, 2010 Allotment and issue of 35,000,000 new ordinary shares in the share capital of Teledata (Singapore) Limited
April 30, 2010 Teledata announces proposed issue and subscription of 6,250,000 ordinary shares in Teledata (Singapore) Limited
April 30, 2010 Resolutions passed at the Annual General Meeting
April 27, 2010 Teledata secures exclusive right to negotiate for the acquisition of a majority stake in Elektromotivez
April 27, 2010 Teledata placement AIP
April 27, 2010 Proposed Acquisition of shares in Elektromotive Ltd
April 14, 2010 Notice of Annual General Meeting
April 09, 2010 Resignation of Joint Company Secretary
April 09, 2010 Proposed issue and subscription of 6,250,000 ordinary shares in Teledata (Singapore) Limited
April 08, 2010 Proposed issue and subscription of 35,000,000 ordinary shares in Teledata (Singapore) Limited
April 05, 2010 Teledata to acquire Philippines-based iOne Resources for US$3.6 million
March 27, 2010 Teledata gears up for expansion in RP market
March 03, 2010 Teledata appoints new Managing Director
March 01, 2010 Teledata reports S$7.9 million loss in FY2009
February 22, 2010 Proposed acquisition of 77.679% of the issued and paid-up capital of PT Centrin Online Tbk
January 20, 2010 Teledata ready for acquisitions with a S$35 million credit line from GEM Global

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