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MichaelSchenker Master	21-Aug-2017 19:49        MichaelSchenker About Contact  Quote this Post!
x 0   x 0  Alert Admin	GAME ON! http://infopub.sgx.com/FileOpen/Announcement_on_IFA%20Appointment.ashx?App=Announcement& FileID=467913 CWT LIMITED (the " Company" ) Company Registration Number: 197000498M (Incorporated in the Republic of Singapore) PRE-CONDITIONAL VOLUNTARY OFFER FOR THE COMPANY 1. INTRODUCTION The board of directors (the " Board" ) of the Company refers to the announcement released on 9 April 2017 (the " Pre-Conditional Offer Announcement" ) by HNA Belt And Road Investments (Singapore) Pte. Ltd. (the " Offeror" ), a wholly-owned subsidiary of HNA Holding Group Co. Limited, that subject to the fulfilment or waiver (as applicable) of the Pre Conditions (as defined in paragraph 2.1 of the Pre-Conditional Offer Announcement), the Offeror will make a voluntary conditional offer (the " Offer" ) for all the issued and paid-up ordinary shares (the " Shares" ) in the capital of the Company other than those already owned, controlled or agreed to be acquired by the Offeror, its related corporations, and their respective nominees in accordance with Rule 15 of the Singapore Code on Take-overs and Mergers (the " Code" ). 2. INDEPENDENT FINANCIAL ADVISER The Board wishes to announce that it has appointed Ernst & Young Corporate Finance Pte Ltd (the " IFA" ) as the independent financial adviser to advise the directors of the Company (the " Directors" ) who are regarded as independent for the purposes of the Offer (if and when made) under the Code (the " Independent Directors" ). If and when the Offer is made, a circular containing, inter alia, the advice of the IFA and the recommendation of the Independent Directors on the Offer (the " Offeree Circular" ) will be sent to the shareholders of the Company (the " Shareholders" ) in due course. 3. CAUTION IN TRADING The Company wishes to advise Shareholders to refrain from taking any action in respect of their shares or other securities of the Company which may be prejudicial to their interests, and to exercise caution when dealing in such shares or other securities. 4. RESPONSIBILITY STATEMENT The Directors (including any who may have delegated detailed supervision of this Announcement) have taken all reasonable care to ensure that the facts stated and all opinions expressed in this Announcement are fair and accurate and that there are no other material facts not contained in this Announcement, the omission of which would make any statement in this Announcement misleading. Where any information has been extracted or reproduced from published or publicly available sources (including, without limitation, the Pre-Conditional Offer Announcement), the sole responsibility of the Directors has been to ensure, through reasonable enquiries, that such information is accurately and correctly extracted from such sources or, as the case may be, accurately reflected or reproduced in this Announcement. The Directors jointly and severally accept responsibility accordingly. BY THE ORDER OF THE BOARD OF CWT LIMITED Lye Siew Hong &ndash Lynda Goh Company Secretary 21 August 2017
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bishan22 Supreme	21-Aug-2017 15:32        bishan22 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Back to original offered price....
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hp3000 Veteran	21-Aug-2017 15:22        hp3000 About Contact  Quote this Post! Style: Combined   Mood: Yells: "Huart Ah !! Count $$$$$ liao"
x 0   x 0  Alert Admin	Even 9 Sept vote go through but where is the fund to delist ? That why share still at 2.25 now while delist at 2.33 Still I need to say $$$ go into pocket then safe. There HNA reit suppose to be IPO in sg also .....
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f16force Senior	20-Aug-2017 22:13        f16force About Contact  Quote this Post!
x 0   x 0  Alert Admin	HNA has fixed 7 Sept to vote for the takeover of CWT, at least can see light is at the end of the tunnel, it should augur well for the recently depressed CWT share price. any comment?
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spore1 Supreme	02-Aug-2017 06:05        spore1 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Yup! Analyst will upgrade the TP too 2.50 & above TMW1986      ( Date: 01-Aug-2017 20:54) Posted: Result is indeed good. I not sure about its current fair value but it will reach the fair value eventually. For now just dont factor in the takeover price etc. Wait for some analysts reports then decide. spore1      ( Date: 01-Aug-2017 19:39) Posted: CWt with this kind of good set of financial result can easily be trading at 2.60 & above . Huat ah .
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TMW1986 Master	01-Aug-2017 20:54        TMW1986 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Result is indeed good. I not sure about its current fair value but it will reach the fair value eventually. For now just dont factor in the takeover price etc. Wait for some analysts reports then decide. spore1      ( Date: 01-Aug-2017 19:39) Posted: CWt with this kind of good set of financial result can easily be trading at 2.60 & above . Huat ah . TMW1986      ( Date: 01-Aug-2017 18:56) Posted: Dont expect takeover already. High chance it wont go through. So wi drop to its fair value
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MichaelSchenker Master	01-Aug-2017 20:51        MichaelSchenker About Contact  Quote this Post!
x 0   x 0  Alert Admin	If CWT can pull off another quarter of similar results, it' s share price would probably surpass the 2.33 " takeover offer price" . Anyway, here' s the link..(if it works) http://infopub.sgx.com/FileOpen/CWT_2Qand1H2017Results_PressRelease.ashx?App=Announcement& FileID=464963 MEDIA RELEASE Editor&rsquo s note: This media release should be read in conjunction with CWT&rsquo s unaudited financial statement for the second quarter and half year ended 30/6/2017 issued in the results announcement dated 1 August 2017 on the SGXNET. CWT delivers strong second quarter financial results and record S$82 million Profit after Tax for half year 2017 Singapore, 1 August 2017 &ndash CWT Limited (&ldquo CWT or the &ldquo Group&rdquo ) (SGX:C14), a leading provider of integrated logistics solutions and Singapore&rsquo s largest home-grown logistics provider, today announced financial results for the second quarter (&ldquo 2Q2017&rdquo ) and half year ended 30 June 2017 (&ldquo 1H2017&rdquo ) Financial Highlights Group CEO Comments Loi Pok Yen, CWT Group CEO, said, &ldquo Our strong performance in the quarter was led by Engineering Services and Commodity Marketing amidst sluggish overall market conditions. We are executing to our strategy, accelerating business synergies and investing in growth while realising profit improvement opportunities embedded in our business.&rdquo 2Q2017 Financial Results For the three months ended 30 June 2017, revenue increased 9% to S$2.6 billion, gross profit expanded 27% to S$85.0 million and profit after tax surged 236% to S$50.3 million quarter-on-quarter. Net profit attributable to common shareholders was S$49.9 million for the quarter, or earnings of 8.32 cents per ordinary share, compared with S$13.7 million, or 2.27 cents per ordinary share, for the same period in 2016. The surge in performance was contributed significantly by Engineering Services arising from the finalisation of a design-and-build project as well as Commodity Marketing. The stellar second quarter results were achieved despite a generally weaker market sentiment which affected Logistics Services and less trade services opportunities which weakened Financial Services. 1H2017 Financial Results For the six months ended 30 June 2017, CWT reported revenue of S$5.2 billion and gross profit of S$167.6 million, up 22% and 11% respectively from the same period in 2016. The strong results from both quarters in the first half of 2017 drove profit after tax to a record high S$82.0 million, a 105% increase over the previous corresponding period. Net profit attributable to common shareholders increased 115% to S$80.2 million for the half year, or earnings of 13.35 cents per ordinary share, compared with S$37.3 million, or 6.22 cents per ordinary share, for the same period in 2016. Engineering Services and Commodity Marketing were the key contributors to the Group&rsquo s solid performance for the half year. As at 30 June 2017, CWT has cash and cash equivalents of S$260.5 million, total equity of S$925.7 million and S$3.8 billion in total assets. There were approximately 600.3 million ordinary shares issued and outstanding at the end of first half 2017. Logistics Capacity Expansion The construction of CWT mega integrated logistics hub is in progress. Levels 1 and 2 of the warehouse obtained TOP on 16 Feb 2017, while levels 3, 5, 6 and 7 obtained TOP on 2 May 2017. The warehouse is targeted to complete by third quarter 2017. -End   TMW1986      ( Date: 01-Aug-2017 18:56) Posted: Dont expect takeover already. High chance it wont go through. So wi drop to its fair value. spore1      ( Date: 01-Aug-2017 18:55) Posted: CWT hosey! 2nd qtr net profit up 115% to 82.1m. EPS 13.35 cents. Tmr is going to Gap up to 2.20 and above .
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spore1 Supreme	01-Aug-2017 19:39        spore1 About Contact  Quote this Post!
x 0   x 0  Alert Admin	CWt with this kind of good set of financial result can easily be trading at 2.60 & above . Huat ah . TMW1986      ( Date: 01-Aug-2017 18:56) Posted: Dont expect takeover already. High chance it wont go through. So wi drop to its fair value. spore1      ( Date: 01-Aug-2017 18:55) Posted: CWT hosey! 2nd qtr net profit up 115% to 82.1m. EPS 13.35 cents. Tmr is going to Gap up to 2.20 and above .
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TMW1986 Master	01-Aug-2017 18:56        TMW1986 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Dont expect takeover already. High chance it wont go through. So wi drop to its fair value. spore1      ( Date: 01-Aug-2017 18:55) Posted: CWT hosey! 2nd qtr net profit up 115% to 82.1m. EPS 13.35 cents. Tmr is going to Gap up to 2.20 and above .
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spore1 Supreme	01-Aug-2017 18:55        spore1 About Contact  Quote this Post!
x 0   x 0  Alert Admin	CWT hosey! 2nd qtr net profit up 115% to 82.1m. EPS 13.35 cents. Tmr is going to Gap up to 2.20 and above .
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RogerTech Member	27-Jul-2017 21:29        RogerTech About Contact  Quote this Post!
x 0   x 0  Alert Admin	HNA Faces Lender Questions on $1 Billion CWT Takeover https://www.bloomberg.com/news/articles/2017-07-27/hna-is-said-to-face-lender-questions-on-1-billion-cwt-takeover The deal is definitely dead !!!
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hp3000 Veteran	27-Jul-2017 10:38        hp3000 About Contact  Quote this Post! Style: Combined   Mood: Yells: "Huart Ah !! Count $$$$$ liao"
x 0   x 0  Alert Admin	Below are the 4 major company target by  Xi-Jinping. Fyi ! Last month, President-Xi-Jinping-approved crackdown on the international acquisitions of private Chinese companies  went into effect, with banking regulators being sicked upon a handful big firms who had been stuffing their international portfolios in recent years. The main targets were four companies who were responsible for a full 18% ($55 billion) of China&rsquo s foreign investments over the past two years:  HNA Group, Anbang Insurance Group, Fosun International, and Wanda &mdash with the later being  outright prohibited  from taking out new loans from state-owned banks.
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hp3000 Veteran	27-Jul-2017 10:08        hp3000 About Contact  Quote this Post! Style: Combined   Mood: Yells: "Huart Ah !! Count $$$$$ liao"
x 0   x 0  Alert Admin	Seem like quite many go into the gambling games after SGX announcement. But just wander will HNA able to get the fund.  Those whose vested wish your good luck. Below are just some search form bloomberg : https://www.bloomberg.com/search?query=CWT https://www.bloomberg.com/search?query=HNA
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chengwh1 Elite	26-Jul-2017 23:07        chengwh1 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Well, that was fast,... after our comment here 2 nights ago abt ensuring the investing public is aware of ongoing events, all these news popped-up. The article below stated that the  CWT Board has written to the Offeror Company and to their Parent Company in HK, asking when can the Gen Mtg on this buyover be held. For which, the other updates here  are given by the parent company. Goes to show too that there are many interested parties monitoring this forum,.... http://infopub.sgx.com/FileOpen/Update_Announcement_26Jul2017.ashx?App=Announcement& FileID=464067 chengwh1      ( Date: 24-Jul-2017 21:58) Posted: If HNA is stopping the acquisition plans, there should be an official ann' t in SGXNet,... The Pre-Conditional General Offer earlier should be declared invalid. Let' s see tomorrow,....
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spore1 Supreme	26-Jul-2017 22:55        spore1 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Seems good news! Hopefully price will rise .. luvkarena      ( Date: 26-Jul-2017 19:10) Posted: The general meeting was just annouced... HNA group are still interested to buy CWT... expecting a run up in price tmr....  http://www.hkexnews.hk/listedco/listconews/sehk/2017/0726/LTN20170726563.pdf
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MichaelSchenker Master	26-Jul-2017 19:54        MichaelSchenker About Contact  Quote this Post!
x 0   x 0  Alert Admin	http://www.hkexnews.hk/listedco/listconews/sehk/2017/0726/LTN20170726563.pdf º£º½???I¼¯?F¹É·ÝÓÐÏÞ¹«Ë¾ HNA HOLDING GROUP CO. LIMITED (Incorporated in Hong Kong with limited liability) (Stock Code: 521) UPDATE ON VERY SUBSTANTIAL ACQUISITION Reference is made to the announcement of HNA Holding Group Co. Limited (the &ldquo Company&rdquo ) dated 9 April 2017 (the &ldquo Announcement&rdquo ) and the circular of the Company dated 30 June 2017 (the &ldquo Circular&rdquo ). Unless otherwise defined, capitalised terms used herein shall have the same meaning as those defined in the Circular. As disclosed in the Announcement and the Circular, one of the Pre-Conditions is: &ldquo the Shareholders having approved the Acquisition at a general meeting of the Company pursuant to the requirements of the Hong Kong Listing Rules&rdquo . The Company has been preparing for the GM. The Company wishes to inform the Shareholders that the GM is scheduled to be convened on a date between the end of August 2017 and early September 2017. The exact date and time and the venue of the GM will be disclosed in the notice of the GM and the proxy form to be issued to the Shareholders in compliance with all relevant requirements under the Hong Kong Listing Rules and the articles of association of the Company. By order of the Board HNA HOLDING GROUP CO. LIMITED Xu Haohao Executive Director Hong Kong, 26 July 2017   luvkarena      ( Date: 26-Jul-2017 19:10) Posted: The general meeting was just annouced... HNA group are still interested to buy CWT... expecting a run up in price tmr....  http://www.hkexnews.hk/listedco/listconews/sehk/2017/0726/LTN20170726563.pdf
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luvkarena Member	26-Jul-2017 19:10        luvkarena About Contact  Quote this Post!
x 0   x 0  Alert Admin	The general meeting was just annouced... HNA group are still interested to buy CWT... expecting a run up in price tmr....  http://www.hkexnews.hk/listedco/listconews/sehk/2017/0726/LTN20170726563.pdf
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hp3000 Veteran	26-Jul-2017 08:41        hp3000 About Contact  Quote this Post! Style: Combined   Mood: Yells: "Huart Ah !! Count $$$$$ liao"
x 0   x 0  Alert Admin	Digging out for more shitt better avoid. https://www.bloomberg.com/news/articles/2017-07-25/hna-mystery-man-gives-away-a-fortune-and-raises-fresh-questions
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spore1 Supreme	24-Jul-2017 22:02        spore1 About Contact  Quote this Post!
x 0   x 0  Alert Admin	http://www.reuters.com/article/us-hna-group-structure-idUSKBN1A914O
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chengwh1 Elite	24-Jul-2017 21:58        chengwh1 About Contact  Quote this Post!
x 0   x 0  Alert Admin	If HNA is stopping the acquisition plans, there should be an official ann' t in SGXNet,... The Pre-Conditional General Offer earlier should be declared invalid. Let' s see tomorrow,....
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