I started serious Investing Journey in Jan 2000 to create wealth through long-term investing and short-term trading; but as from April 2013 my Journey in Investing has changed to create Retirement Income for Life till 85 years old in 2041 for two persons over market cycles of Bull and Bear.

Since 2017 after retiring from full-time job as employee; I am moving towards Investing Nirvana - Freehold Investment Income for Life investing strategy where 100% of investment income from portfolio investment is cashed out to support household expenses i.e. not a single cent of re-investing!

It is 57% (2017 to Aug 2022) to the Land of Investing Nirvana - Freehold Income for Life!


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This blog is authored by an old multi-bagger blue chips stock picker uncle from HDB heartland!

"The market is not your mother. It consists of tough men and women who look for ways to take money away from you instead of pouring milk into your mouth." - Dr. Alexander Elder

"For the things we have to learn before we can do them, we learn by doing them." - Aristotle

It is here where I share with you how I did it! FREE Education in stock market wisdom.

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Value Investing
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Monday 11 October 2010

Eagle preys on Biosensor? Lau Ying lai liao!


On 10 October 2010, Autumn Eagle entered into various sale and purchase agreements (“SPAs”) with seven vendors in total whereby the vendors agreed to sell and Autumn Eagle agreed to purchase, on the terms and conditions set out in the SPAs, 319,312,200 issued ordinary shares in the capital of Biosensors (the “Sale Shares”), representing approximately 29.47 per cent. of the issued share capital of Biosensors. The consideration for the Sale Shares was arrived at after taking into account the average price of the shares of Biosensors traded for the 45-day period prior to the date of the SPAs.

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