Some information on Allied Empire System International Pte Ltd projects - looks like their reputation is huge in Asia and the winning of these massive projects tells it all - its a BUY for me and if the word gets out faster than it has today then tomorrow could see it at .005
EPHRAIM RESOURCES LIMITED SIGNS SHARE PURCHASE AGREEMENT WITH GOLDSON GLOBAL LIMITED Ephraim has entered into a Share Purchase Agreement for the acquisition of the whole of the issued capital of Goldson Global Limited (BVI) - an investment holding company incorporated in the British Virgin Islands (“Goldson”). The main income producing asset of Goldson is a Singapore registered company, Allied Empire System International Pte Ltd (“Allied”), which is engaged in the business of marketing and contracting sales from customers outside of the Peoples’ Republic of China and DaYe Environmentally-friendly Architectural Technology Ltd (“DaYe” or the “Company”) held through a Singapore registered company Baojianli Construction and Installation Pte Ltd (“BJL”). DaYe is engaged in R&D, design, production, processing, marketing, leasing, subcontracting, and installation of aluminium template (formwork) in the construction of commercial and residential buildings in the Peoples’ Republic of China. The Share Purchase Agreement is subject to a number of conditions, including the acceptance of the terms of the Share Purchase Agreement by all Goldson shareholders, completion of the acquisition of Allied and BJL by Goldson, approval of the acquisition by Ephraim Shareholders, and any requirements of ASX in relation to the transaction (which may include re-compliance with Chapters 1 and 11 of the ASX Listing Rules). If the acquisition is successfully concluded, Ephraim will continue its existing business operation, which will in fact be supported financially by the acquired business. Description of the Business The Company is headquartered in Singapore with its main manufacturing facility located in Zhuhai, Guangdong Province, Peoples’ Republic of China. It has several branches and offices in other cities in China providing customers with a full range of high-quality services. Allied, its marketing arm, has offices in Malaysia and Thailand besides Singapore. The Company was established in July 2013. The Company’s business includes R&D, design, production, processing, marketing, leasing, subcontracting, warehousing and installation of aluminum template (formwork for the casting of concrete during construction of buildings and structures). The Company’s products are being sold all across China, Thailand, Malaysia and other overseas markets. The Company currently has a staff strength comprising 52 technicians and factory workers and 480 installation workers (‘erectors’). It works closely with Guangdong Architectural Design & Research Institute (National Compilation Unit for "Aluminum Alloy Template Technical Specifications") under a Consultancy & Cooperation Agreement on Aluminum Template with the institute. In order to gain national Page 2 recognition, the Company undertook two projects in co-operation with the institute, i.e. the Guangzhou R & F Yingyao Building and Guiyang Orchard Twin Towers. By constructing such high-quality projects, the Company has established a good reputation and its product was awarded the "Designated Aluminum Template” supplier at the 10th China International Aviation and Aerospace Exhibition.
Just a year from its establishment, the Company has already been awarded projects worth around RMB100 million in 2014. For 2015, the expected contracts and order book is approximately RMB600 to 700 million. Amongst its partners are Chinese Architecture, Vanke, R & F, New Sky Construction, China Resources Group, CITIC Real Estate, China Railway Construction, Guangzhou Municipal Construction, Beijing Construction Engineering Group and other high-profile local companies in the Chinese property development and construction industries. The Company expanded its production base by completing the purchase of Pincha Plant in Zhuhai City, Guangdong Province with an annual production capacity of 120,000 square meters of construction aluminum template. Together with its other plants at Bao Gang, Tian Yue and Zheng Gao, the total annual production capacity of the Company is 400,000 square meters of construction aluminum template. The Company is now actively exploring the global market. It plans to develop the aluminum template market in Southeast Asia, Australia and New Zealand. At the same time, the Company is putting a lot of emphasis on its strategic expansion. It has pre-registered 5 domains related to aluminum template and plans to launch China Aluminum Template Information Network in mid-2015 by using the industrial information website and its branches to establish a national marketing infrastructure and service architecture. Competitive Advantage: 1. The Company's collaboration with Guangdong Architectural Design & Research Institute (National Compilation Unit for "Aluminum Alloy Template Technical Specifications") provides a competitive advantage in the design, structure and construction plan of high-rise buildings and provide technical support in aluminum template application and projects. 2. The Company undertakes the China's high-profile high-rise construction projects and has been chosen as the strategic partner of China Construction 4th Engineering Division Corp. Ltd. 3. When the national aluminum template specification takes effect in 2015, aluminum template is expected to gradually replace wooden template. The current market share of manufacturers of aluminum template in the local construction market is less than 1% compared to some overseas market where aluminum template command a 30% to 60% market share. The industry therefore has a huge market potential and the Company prospects with its first mover advantage are bright.-
Some information on Allied Empire System International Pte Ltd...
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