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bullrun6088 Senior	19-Feb-2021 23:55        bullrun6088 About Contact  Quote this Post!
x 0   x 0  Alert Admin	a chairman go and scheme with a secretive private equity fund and betrayed his retail investors by offering a low ball offer to ENRICH HIMSELF!!!! this low ball conduct and reputation will be remembered in the history and the talks for many years to come!!!!
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iinvestor Veteran	19-Feb-2021 21:34        iinvestor About Contact  Quote this Post!
x 0   x 0  Alert Admin	If this chicken fund never throw in the towel, total vote against probably is ard 30% and defeated the resolution. Time to move on.....and remember this battle scar....lousy offer
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ysh2006 Supreme	19-Feb-2021 17:42        ysh2006 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Meeting cleared ? so Koh BH win and send to court & Account for show only sure passed one by April delist from Sgx..
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Fataaa Senior	17-Feb-2021 22:49        Fataaa About Contact  Quote this Post!
x 0   x 0  Alert Admin	Quarz action is like Eunuch, ball less lol.... Call for support and do u turn... speak a lot about the organisation...pui!
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bullrun6088 Senior	17-Feb-2021 20:53        bullrun6088 About Contact  Quote this Post!
x 0   x 0  Alert Admin	👎 👎 👎 👎 👇 👇 👇 👇
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bullrun6088 Senior	17-Feb-2021 15:33        bullrun6088 About Contact  Quote this Post!
x 0   x 0  Alert Admin	👎 👎 👎 👎 👇
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jstrong Member	17-Feb-2021 10:36        jstrong About Contact  Quote this Post!
x 0   x 0  Alert Admin	Ah found out how to change vote on SIAS website alr..anw FYI for those who are wondering how to change vote lol  SIAS has recently received calls from a few Scheme Shareholders who wish to amend their proxies. These shareholders must send in the duly executed proxy to  [email protected]  before 3 pm on 17 February and such proxy must state in writing &ldquo This proxy supercedes all prior proxies submitted by this shareholder&rdquo . jstrong      ( Date: 16-Feb-2021 23:44) Posted: Quarz pares stake in Sunningdale ahead of EGM, eyes opportunities with ' higher upside potential' ACTIVIST investor Quarz Capital Management has reduced its stake in Sunningdale Tech just about a week before the scheduled extraordinary general meeting (EGM) convened for investors to vote on the private equity buyout of the precision plastic components maker. On Feb 9, Quarz had sold some 69,000 Sunningdale shares for a total of S$112,470, which works out to be S$1.63 per share. With this, Quarz now owns 7.987 per cent of the company' s total voting shares, down from 8.023 per cent previously. To recap, Sunningdale announced last November that its chairman Koh Boon Hwee was teaming up with Novo Tellus PE Fund 2 to take the company private at S$1.55 in cash per share via a scheme of arrangement. They then raised the offer to S$1.65 per scheme share, up 6.5 per cent from S$1.55 previously, after Quarz in an open statement termed the takeover price to be " too low" and that this " significantly undervalues" the company. Quarz argued that the initial takeover price was at a significant discount of more than 22 per cent to Sunningdale' s book value of close to S$2 per share.   In response to queries from The Business Times, Quarz said that while the revised offer is below the company' s adjusted net asset value (NAV) of S$1.98, it sees " a number of interesting and attractive opportunities with higher upside potential" in Singapore. " We are reallocating our portfolio and refocusing on these companies who can benefit the most as the effect of Covid-19 subsides," said Quarz. " We sincerely thank all minorities for uniting with us to achieve the improved offer." Said Sunningdale' s Mr Koh in response to the transaction: " We respect shareholders' right to buy or sell shares in Sunningdale as they see fit." David Gerald, president of the Securities Investors Association of Singapore (Sias), said shareholders would now need to make &ldquo an informed decision&rdquo based on the information provided by the respective parties, and should decide how to vote for themselves.  &ldquo As this is a scheme of arrangement, only independent shareholders, not connected with the offeror can vote on the scheme. Shareholders should make their decision through their vote,&rdquo added Mr Gerald.  On Tuesday after trading hours, Sunningdale also released its responses to " substantial and relevant questions" that it had received from shareholders ahead of the EGM. Shareholders wanted to know if the scheme consideration would be lowered in the event the company declares a dividend. Sunningdale said that in the event that any dividends are declared, paid or made by the company after the joint announcement date and before the effective date, the offerer reserves the right to reduce the scheme consideration by the amount of such dividends. For illustration purposes, should Sunningdale pay a dividend of S$0.05 per share before the effective date, the offerer reserves the right to reduce the scheme consideration by S$0.05 per scheme share. This means the entitled scheme shareholder who elects for cash consideration will receive a dividend of S$0.05 and cash consideration of S$1.60 for each scheme share held. The board said in response to a query on whether the company will pay a dividend for FY 2020 if the scheme is approved that it will take into account various factors including the level of available cash, the expected cash requirements of the business and the need for ongoing investments to sustain and grow the business. Should the scheme fail, the board said, Sunningdale will continue to be listed on the mainboard of the Singapore Exchange. Shareholders were also interested in how the board managed any potential conflicts of interest arising from the fact that Mr Koh and Loke Wai San, a non-executive and non-independent director of Sunningdale, are directors of both Sunningdale and the offeror. To this, the board reiterated that there were " strict controls" in place to mitigate against any potential conflict of interest resulting from the directors' positions and interests in the company. These included the exclusion of the duo from all discussions among the non-conflicted directors in relation to the scheme, as well as having a separate financial adviser and separate legal adviser to guide the non-conflicted directors. Sunningdale' s EGM will be held electronically on Feb 19 at 3pm. Wah look at the latest from Quarz...anyone thinking of changing their vote now anot ah? can pls advise how?
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bullrun6088 Senior	17-Feb-2021 08:49        bullrun6088 About Contact  Quote this Post!
x 0   x 0  Alert Admin	who is this secretive Novo Tellus private equity???? Not much is known of this secretive private equity other than those low ballers???? How can a secretive private fund take over a public company with the MAS SGX to direct it to FULLY DISCLOSE and PUBLISH ALL its secretive investors to ensure that there are no criminals in this secretive private funds???? How can government allow this secretive funds to operate here???? No illegal money laundering in these secretive funds???? MAS issued license to these private equity funds???? No criminal elements inside these secretive private funds???? SIAS never ask these questions???? What is SIAS members paying these membership fees for????
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ysh2006 Supreme	17-Feb-2021 06:25        ysh2006 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Only 69 lots some more below offer price. Quarz surrendered already after the meeting ?
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jstrong Member	16-Feb-2021 23:44        jstrong About Contact  Quote this Post!
x 0   x 0  Alert Admin	Quarz pares stake in Sunningdale ahead of EGM, eyes opportunities with ' higher upside potential' ACTIVIST investor Quarz Capital Management has reduced its stake in Sunningdale Tech just about a week before the scheduled extraordinary general meeting (EGM) convened for investors to vote on the private equity buyout of the precision plastic components maker. On Feb 9, Quarz had sold some 69,000 Sunningdale shares for a total of S$112,470, which works out to be S$1.63 per share. With this, Quarz now owns 7.987 per cent of the company' s total voting shares, down from 8.023 per cent previously. To recap, Sunningdale announced last November that its chairman Koh Boon Hwee was teaming up with Novo Tellus PE Fund 2 to take the company private at S$1.55 in cash per share via a scheme of arrangement. They then raised the offer to S$1.65 per scheme share, up 6.5 per cent from S$1.55 previously, after Quarz in an open statement termed the takeover price to be " too low" and that this " significantly undervalues" the company. Quarz argued that the initial takeover price was at a significant discount of more than 22 per cent to Sunningdale' s book value of close to S$2 per share.   In response to queries from The Business Times, Quarz said that while the revised offer is below the company' s adjusted net asset value (NAV) of S$1.98, it sees " a number of interesting and attractive opportunities with higher upside potential" in Singapore. " We are reallocating our portfolio and refocusing on these companies who can benefit the most as the effect of Covid-19 subsides," said Quarz. " We sincerely thank all minorities for uniting with us to achieve the improved offer." Said Sunningdale' s Mr Koh in response to the transaction: " We respect shareholders' right to buy or sell shares in Sunningdale as they see fit." David Gerald, president of the Securities Investors Association of Singapore (Sias), said shareholders would now need to make &ldquo an informed decision&rdquo based on the information provided by the respective parties, and should decide how to vote for themselves.  &ldquo As this is a scheme of arrangement, only independent shareholders, not connected with the offeror can vote on the scheme. Shareholders should make their decision through their vote,&rdquo added Mr Gerald.  On Tuesday after trading hours, Sunningdale also released its responses to " substantial and relevant questions" that it had received from shareholders ahead of the EGM. Shareholders wanted to know if the scheme consideration would be lowered in the event the company declares a dividend. Sunningdale said that in the event that any dividends are declared, paid or made by the company after the joint announcement date and before the effective date, the offerer reserves the right to reduce the scheme consideration by the amount of such dividends. For illustration purposes, should Sunningdale pay a dividend of S$0.05 per share before the effective date, the offerer reserves the right to reduce the scheme consideration by S$0.05 per scheme share. This means the entitled scheme shareholder who elects for cash consideration will receive a dividend of S$0.05 and cash consideration of S$1.60 for each scheme share held. The board said in response to a query on whether the company will pay a dividend for FY 2020 if the scheme is approved that it will take into account various factors including the level of available cash, the expected cash requirements of the business and the need for ongoing investments to sustain and grow the business. Should the scheme fail, the board said, Sunningdale will continue to be listed on the mainboard of the Singapore Exchange. Shareholders were also interested in how the board managed any potential conflicts of interest arising from the fact that Mr Koh and Loke Wai San, a non-executive and non-independent director of Sunningdale, are directors of both Sunningdale and the offeror. To this, the board reiterated that there were " strict controls" in place to mitigate against any potential conflict of interest resulting from the directors' positions and interests in the company. These included the exclusion of the duo from all discussions among the non-conflicted directors in relation to the scheme, as well as having a separate financial adviser and separate legal adviser to guide the non-conflicted directors. Sunningdale' s EGM will be held electronically on Feb 19 at 3pm. Wah look at the latest from Quarz...anyone thinking of changing their vote now anot ah? can pls advise how?
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ysh2006 Supreme	12-Feb-2021 12:42        ysh2006 About Contact  Quote this Post!
x 0   x 0  Alert Admin	if you have not much shares don't need do anything ...the vote is usually no affect the outcome waste the effort ... let SSH Quarz to decide whether up or down... tgk001      ( Date: 11-Feb-2021 10:30) Posted: If you dont have the proxy form, you can download it from here: https://links.sgx.com/1.0.0/corporate-announcements/QXSAJR90UH8VIOBL/647234_4._STL_-_Proxy_Form.pdf You can email your form to the address indicated in the form, [email protected]. Deadline is 17 Feb 2021!
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jamesng Master	11-Feb-2021 22:40        jamesng About Contact  Quote this Post!
x 0   x 0  Alert Admin	Hi all,  It is my mum who own the shares and hence I am not sure what is the situation like.  Can someone pm me on it so that we can discuss on it? Thanks tgk001      ( Date: 11-Feb-2021 10:30) Posted: If you dont have the proxy form, you can download it from here: https://links.sgx.com/1.0.0/corporate-announcements/QXSAJR90UH8VIOBL/647234_4._STL_-_Proxy_Form.pdf You can email your form to the address indicated in the form, [email protected]. Deadline is 17 Feb 2021!
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tgk001 Member	11-Feb-2021 10:30        tgk001 About Contact  Quote this Post!
x 0   x 0  Alert Admin	If you dont have the proxy form, you can download it from here: https://links.sgx.com/1.0.0/corporate-announcements/QXSAJR90UH8VIOBL/647234_4._STL_-_Proxy_Form.pdf You can email your form to the address indicated in the form, [email protected]. Deadline is 17 Feb 2021!
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subaru Senior	09-Feb-2021 17:22        subaru About Contact  Quote this Post!
x 0   x 0  Alert Admin	KBH steps downs as NTU Chairman on 31 March 2021.  No face to be chairman.
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Fataaa Senior	09-Feb-2021 14:46        Fataaa About Contact  Quote this Post!
x 0   x 0  Alert Admin	Yes pls send via email. You get acknowledgment on them receiving the form.
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alexmay34 Veteran	09-Feb-2021 11:59        alexmay34 About Contact  Quote this Post!
x 0   x 0  Alert Admin	During this busy period, everyone preparing for cny, people can forget , please remind all your friends who have this share, I just posted my proxy!Having done that, now I think email maybe a better option at least you get acknowledgment.
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bigeater Member	09-Feb-2021 10:47        bigeater About Contact  Quote this Post!
x 0   x 0  Alert Admin	Oh yes, can email as well. Thanks. I just called Boardroom and they said email will do, and they will acknowledge receipt if we email to them.   Fataaa      ( Date: 08-Feb-2021 23:56) Posted: can email as well to [email protected] Can we do both?
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Fataaa Senior	08-Feb-2021 23:56        Fataaa About Contact  Quote this Post!
x 0   x 0  Alert Admin	can email as well to [email protected] Can we do both?
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bigeater Member	08-Feb-2021 23:10        bigeater About Contact  Quote this Post!
x 0   x 0  Alert Admin	You should have received the Notice of Scheme Meeting and the proxy form by now.  There is a return envelop of where the porxy form should send to.  Remember to put stamp! :D Latest date and time for lodgement of proxy form is 3.00 p.m on Wednesday 17 Feb 2021.  Just do it now. ) jamesng      ( Date: 08-Feb-2021 19:29) Posted: send to where??? Thanks nea03177      ( Date: 08-Feb-2021 17:17) Posted: Send in your proxy form to empower chairman of the meeting to vote against the Scheme. We already sent in ours.
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jamesng Master	08-Feb-2021 19:29        jamesng About Contact  Quote this Post!
x 0   x 0  Alert Admin	send to where??? Thanks nea03177      ( Date: 08-Feb-2021 17:17) Posted: Send in your proxy form to empower chairman of the meeting to vote against the Scheme. We already sent in ours. bicboi      ( Date: 08-Feb-2021 16:56) Posted: carousell lowballer this one
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