Scintronix

Scintronix: Applied for second extension to meet the requirements to exit the SGX Watch-List on account that the group had entered into a MOU to acquire Chongqing-based Bestway Steel Building Co (BSB). BSB designs, produces and installs steel structures for office buildings, industrial buildings and sports stadiums. Share price chart indicates a recent breakout last Friday on the bullish falling wedge pattern. Prudent investors may wait for a confirmation of the bullish pattern on a break above the previous reaction high at $0.015.