W Corp

W Corp: has been rising over the past wk, likely riding on M&A theme. The Straits Times highlighted two Sundays ago, that "investors have been energised by a flurry of corporate activity", and listed W Corp amongst the companies with on going deals. Recall, in Oct last year, W Corp was proposed to be the subject of a reverse takeover by YuuZoo, an online video platform. W Corp revised the agreement last Thursday, and proposed a 10-into-1 share consolidation to take effect on or before the deal completion, with the issue price to be adjusted from $0.50 per consolidated share to $1 per consolidated share. The long stop date of the deal is 30 Sep 2014. http://business.asiaone.com/news/flurry-buyout-acquisition-and-reverse-takeover-bids