Avarga (formerly: UPP Holdings)

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#42
RESPONSE TO SGX-ST’S QUERY REGARDING TRADING ACTIVITY

The Board and the Company’s management are not aware of the reason for the trading. However, as an investment company focused on creating value through strategic investments, the Company is constantly considering possible corporate actions and exercises to increase shareholder returns. At present, the Company is exploring opportunities relating to its paper manufacturing business. These opportunities include the expansion and/or a potential listing of this business. However, such exploration is still at a preliminary stage. There is no assurance as to whether any transaction will materialise or as to the structure of any such transaction. The Company will make appropriate announcements in the event that there are any material developments in this regard.

The Company has also been considering a possible transaction which will allow it to monetise its investment in the power plant located in Yangon, Myanmar. The terms of such possible transaction are still not finalised and are still under consideration. Again, there is no assurance as to whether any transaction will materialise or as to whether any definitive agreement will be reached. The Company will also make appropriate announcements in the event that there are any material developments in this regard.

In addition, the Company’s subsidiary, Taiga Building Products Ltd, reported strong earnings growth for the period ended 30 June 2020. In this regard, the Company notes that companies in the building materials industry in North America have generally performed strongly in the stock market given recent strong demand in housing and home renovation projects.

https://links.sgx.com/FileOpen/Response_...eID=629051
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Messages In This Thread
Avarga (formerly: UPP Holdings) - by greengiraffe - 05-05-2014, 07:36 AM
UPP - by ksir - 14-04-2016, 12:59 PM
RE: UPP - by opmi - 14-04-2016, 01:04 PM
UPP - by ksir - 14-04-2016, 02:54 PM
RE: UPP - by hh488 - 14-04-2016, 03:40 PM
RE: UPP - by Nick - 14-04-2016, 08:18 PM
RE: UPP - by Yoyo - 14-04-2016, 08:58 PM
UPP - by ksir - 18-04-2016, 11:07 AM
RE: UPP - by Clement - 19-04-2016, 02:53 PM
UPP - by ksir - 19-04-2016, 03:48 PM
UPP - by ksir - 29-04-2016, 05:04 PM
RE: UPP - by Cash cow - 02-05-2016, 12:06 AM
UPP - by ksir - 29-04-2016, 10:42 PM
UPP - by ksir - 02-05-2016, 09:33 AM
RE: UPP - by BlueKelah - 03-05-2016, 12:52 PM
RE: UPP - by opmi - 03-05-2016, 02:38 PM
RE: UPP - by Nick - 03-05-2016, 06:28 PM
RE: UPP - by Clement - 03-05-2016, 10:12 PM
RE: UPP - by ngcheeki - 05-10-2016, 11:24 PM
UPP - by ksir - 06-10-2016, 12:27 PM
RE: UPP - by Clement - 06-10-2016, 02:15 PM
UPP - by ksir - 06-10-2016, 03:46 PM
RE: UPP - by Clement - 06-10-2016, 04:25 PM
UPP - by ksir - 06-10-2016, 05:31 PM
RE: UPP - by Clement - 06-10-2016, 07:46 PM
RE: UPP - by BlueKelah - 29-12-2016, 06:04 PM
UPP - by ksir - 06-04-2017, 01:45 AM
RE: UPP - by Cash cow - 07-04-2017, 12:26 AM
RE: UPP - by zz... - 07-04-2017, 12:30 PM
RE: UPP - by ksir - 26-10-2018, 02:44 PM
RE: UPP - by fallscushion - 01-12-2018, 02:11 PM
Avarga (formerly: UPP Holdings) - by ksir - 25-02-2019, 06:37 PM
RE: Avarga (formerly: UPP Holdings) - by ghchua - 26-02-2019, 12:11 PM
Avarga (formerly: UPP Holdings) - by ksir - 26-02-2019, 01:23 PM
RE: Avarga (formerly: UPP Holdings) - by ghchua - 26-02-2019, 03:03 PM
Avarga (formerly: UPP Holdings) - by ksir - 26-02-2019, 03:09 PM
Avarga (formerly: UPP Holdings) - by ksir - 27-06-2020, 09:35 PM
RE: Avarga (formerly: UPP Holdings) - by weijian - 28-06-2020, 10:54 AM
RE: Avarga (formerly: UPP Holdings) - by ksir - 13-08-2020, 08:23 PM
RE: Avarga (formerly: UPP Holdings) - by ksir - 24-08-2020, 12:58 PM
RE: Avarga (formerly: UPP Holdings) - by weijian - 25-08-2020, 08:09 AM
RE: Avarga (formerly: UPP Holdings) - by opmi - 25-08-2020, 08:17 AM
Avarga (formerly: UPP Holdings) - by ksir - 25-08-2020, 08:39 AM
RE: Avarga (formerly: UPP Holdings) - by ksir - 26-08-2020, 06:28 PM
RE: Avarga (formerly: UPP Holdings) - by ngcheeki - 26-08-2020, 10:05 PM
Avarga (formerly: UPP Holdings) - by ksir - 27-08-2020, 03:13 PM
RE: Avarga (formerly: UPP Holdings) - by opmi - 27-08-2020, 05:36 PM
Avarga (formerly: UPP Holdings) - by ksir - 27-08-2020, 05:45 PM
RE: Avarga (formerly: UPP Holdings) - by opmi - 27-08-2020, 08:53 PM
RE: Avarga (formerly: UPP Holdings) - by ksir - 12-01-2021, 08:31 PM
RE: Avarga (formerly: UPP Holdings) - by opmi - 01-05-2021, 04:02 PM
RE: Avarga (formerly: UPP Holdings) - by weijian - 21-06-2021, 11:12 AM
RE: Avarga (formerly: UPP Holdings) - by zxiank - 16-08-2021, 11:45 AM
RE: Avarga (formerly: UPP Holdings) - by weijian - 13-01-2022, 09:55 AM
RE: Avarga (formerly: UPP Holdings) - by weijian - 14-01-2022, 04:41 PM
RE: Avarga (formerly: UPP Holdings) - by weijian - 27-02-2022, 01:05 PM
RE: Avarga (formerly: UPP Holdings) - by ksir - 07-05-2022, 09:43 AM
RE: Avarga (formerly: UPP Holdings) - by weijian - 07-05-2022, 10:52 AM
RE: Avarga (formerly: UPP Holdings) - by ksir - 08-05-2022, 09:31 AM
RE: Avarga (formerly: UPP Holdings) - by weijian - 08-05-2022, 11:25 AM
RE: Avarga (formerly: UPP Holdings) - by ksir - 08-05-2022, 04:12 PM
RE: Avarga (formerly: UPP Holdings) - by weijian - 11-05-2022, 12:05 PM
RE: Avarga (formerly: UPP Holdings) - by setan - 15-09-2022, 09:56 AM
RE: Avarga (formerly: UPP Holdings) - by weijian - 22-09-2022, 11:49 AM
RE: Avarga (formerly: UPP Holdings) - by setan - 22-09-2022, 04:48 PM
RE: Avarga (formerly: UPP Holdings) - by weijian - 31-10-2022, 08:29 PM
RE: Avarga (formerly: UPP Holdings) - by ksir - 31-10-2022, 08:43 PM
RE: Avarga (formerly: UPP Holdings) - by CY09 - 31-10-2022, 10:10 PM
RE: Avarga (formerly: UPP Holdings) - by CY09 - 06-05-2023, 09:47 AM
RE: Avarga (formerly: UPP Holdings) - by weijian - 31-05-2023, 05:26 PM
RE: Avarga (formerly: UPP Holdings) - by ksir - 17-11-2023, 10:44 AM
RE: Avarga (formerly: UPP Holdings) - by weijian - 17-11-2023, 11:01 AM
RE: Avarga (formerly: UPP Holdings) - by ksir - 17-11-2023, 11:19 AM
RE: Avarga (formerly: UPP Holdings) - by ksir - 17-11-2023, 02:21 PM
RE: Avarga (formerly: UPP Holdings) - by weijian - 17-11-2023, 02:28 PM
RE: Avarga (formerly: UPP Holdings) - by ksir - 17-11-2023, 02:41 PM
RE: Avarga (formerly: UPP Holdings) - by ksir - 03-04-2024, 02:56 PM
RE: Avarga (formerly: UPP Holdings) - by weijian - 06-04-2024, 02:48 PM
RE: Avarga (formerly: UPP Holdings) - by weijian - 15-04-2024, 02:53 PM
RE: Avarga (formerly: UPP Holdings) - by setan - 15-04-2024, 09:37 PM
RE: Avarga (formerly: UPP Holdings) - by setan - 15-04-2024, 11:13 PM
RE: Avarga (formerly: UPP Holdings) - by ksir - 16-04-2024, 09:19 AM
RE: Avarga (formerly: UPP Holdings) - by weijian - 16-04-2024, 09:47 AM
RE: Avarga (formerly: UPP Holdings) - by ksir - 16-04-2024, 09:58 AM
RE: Avarga (formerly: UPP Holdings) - by setan - 16-04-2024, 01:47 PM
RE: Avarga (formerly: UPP Holdings) - by weijian - 16-05-2024, 10:07 AM
RE: Avarga (formerly: UPP Holdings) - by ksir - 16-05-2024, 10:30 AM
RE: Avarga (formerly: UPP Holdings) - by ksir - 13-06-2024, 10:32 AM
RE: Avarga (formerly: UPP Holdings) - by money - 13-06-2024, 11:03 AM
RE: Avarga (formerly: UPP Holdings) - by weijian - 22-06-2024, 10:58 AM
RE: Avarga (formerly: UPP Holdings) - by mslee888 - 12-11-2024, 09:03 AM
RE: Avarga (formerly: UPP Holdings) - by weijian - 12-11-2024, 10:22 AM
RE: Avarga (formerly: UPP Holdings) - by weijian - 17-12-2024, 05:37 PM
RE: Avarga (formerly: UPP Holdings) - by weijian - 30-11-2024, 04:05 PM
RE: Avarga (formerly: UPP Holdings) - by weijian - 17-12-2024, 05:46 PM
RE: Avarga (formerly: UPP Holdings) - by mslee888 - 17-12-2024, 05:58 PM
RE: Avarga (formerly: UPP Holdings) - by ksir - 18-12-2024, 12:29 PM
RE: Avarga (formerly: UPP Holdings) - by ghchua - 18-12-2024, 01:02 PM
RE: Avarga (formerly: UPP Holdings) - by weijian - 19-12-2024, 06:40 AM
RE: Avarga (formerly: UPP Holdings) - by weijian - 28-12-2024, 08:14 AM

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