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spursfan Supreme	07-Oct-2024 21:38        spursfan About Contact  Quote this Post!
x 0   x 0  Alert Admin	Loss of free float sgx may suspend trading. https://links.sgx.com/1.0.0/corporate-announcements/7CISG3GCDS1HZ5VO/821197_Dealings_Disclosure_and_Loss_of_Free_Float.pdf
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cmengchan Senior	07-Oct-2024 21:06        cmengchan About Contact  Quote this Post! Style: Flexible   Mood:
x 0   x 0  Alert Admin	90.53% acceptance. That means mandatory acquisition threshold reached. cmengchan      ( Date: 07-Oct-2024 13:12) Posted: I think today will likely cross 90%. In that case, the counter would be suspended for mandatory acquisition.  cmengchan      ( Date: 04-Oct-2024 20:43) Posted: 89.11% acceptance.
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halleluyah Supreme	07-Oct-2024 13:38        halleluyah About Contact  Quote this Post!
x 0   x 0  Alert Admin	those haven make decision, better do so if not will b leceh later...tats advise frm my broker....dyodd
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cmengchan Senior	07-Oct-2024 13:12        cmengchan About Contact  Quote this Post! Style: Flexible   Mood:
x 0   x 0  Alert Admin	I think today will likely cross 90%. In that case, the counter would be suspended for mandatory acquisition.  cmengchan      ( Date: 04-Oct-2024 20:43) Posted: 89.11% acceptance.  cmengchan      ( Date: 03-Oct-2024 19:35) Posted: 85.34% acceptance.
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cmengchan Senior	05-Oct-2024 10:27        cmengchan About Contact  Quote this Post! Style: Flexible   Mood:
x 0   x 0  Alert Admin	My guess is that since shares were deducted from my CDP account only on 4-Oct Fri, then payment money should have been credited to CDP in exchange for the shares. Probably in 2 or 3 working days, the money should be credited to my account. Likely Wed, I think. Should be similar to timings of money movement when we sell shares. halleluyah      ( Date: 05-Oct-2024 00:55) Posted: Just login cdp...saw voluntary unconditional offer....i submitted on 26/9....then will checked my bank acc on coming tuesday... cmengchan      ( Date: 04-Oct-2024 22:02) Posted: I just check CDP share transactions. After I submitted the acceptance form, about 2 days later on 27Sep, my shares were marked as "blocked - takeover". 7 days later on 4 Oct (today), the shares were deducted from my account as "takeover" transaction type. I think for Option 2, there are paper document involved, so need more time to process the transactions before money is released to shareholders. Fory case, I suspect its within 7 days from 4 Oct, then I will receive the payout
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halleluyah Supreme	05-Oct-2024 00:55        halleluyah About Contact  Quote this Post!
x 0   x 0  Alert Admin	Just login cdp...saw voluntary unconditional offer....i submitted on 26/9....then will checked my bank acc on coming tuesday... cmengchan      ( Date: 04-Oct-2024 22:02) Posted: I just check CDP share transactions. After I submitted the acceptance form, about 2 days later on 27Sep, my shares were marked as "blocked - takeover". 7 days later on 4 Oct (today), the shares were deducted from my account as "takeover" transaction type. I think for Option 2, there are paper document involved, so need more time to process the transactions before money is released to shareholders. Fory case, I suspect its within 7 days from 4 Oct, then I will receive the payout. Entropy72      ( Date: 04-Oct-2024 21:17) Posted: Alright thanks
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Entropy72 Master	04-Oct-2024 22:27        Entropy72 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Thanks for sharing. Mine should be by next Wed since my option 2 was submitted on 27 Sep. cmengchan      ( Date: 04-Oct-2024 22:02) Posted: I just check CDP share transactions. After I submitted the acceptance form, about 2 days later on 27Sep, my shares were marked as "blocked - takeover". 7 days later on 4 Oct (today), the shares were deducted from my account as "takeover" transaction type. I think for Option 2, there are paper document involved, so need more time to process the transactions before money is released to shareholders. Fory case, I suspect its within 7 days from 4 Oct, then I will receive the payout. Entropy72      ( Date: 04-Oct-2024 21:17) Posted: Alright thanks
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cmengchan Senior	04-Oct-2024 22:02        cmengchan About Contact  Quote this Post! Style: Flexible   Mood:
x 0   x 0  Alert Admin	I just check CDP share transactions. After I submitted the acceptance form, about 2 days later on 27Sep, my shares were marked as "blocked - takeover". 7 days later on 4 Oct (today), the shares were deducted from my account as "takeover" transaction type. I think for Option 2, there are paper document involved, so need more time to process the transactions before money is released to shareholders. Fory case, I suspect its within 7 days from 4 Oct, then I will receive the payout. Entropy72      ( Date: 04-Oct-2024 21:17) Posted: Alright thanks! halleluyah      ( Date: 04-Oct-2024 20:57) Posted: As stated black n white 7 days if nt will get sued....next wk will receive $$ liao...
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cmengchan Senior	04-Oct-2024 21:49        cmengchan About Contact  Quote this Post! Style: Flexible   Mood:
x 0   x 0  Alert Admin	I think Goh is very kind. By extending the date by 2 weeks, those dissenting shareholders who are sitting on the fence still have a chance to choose Option 2. Entropy72      ( Date: 04-Oct-2024 21:21) Posted: Wow, 90% reached so soon. Trading volumes will surge a day (traders run road at 36 cts), then dry up next 2 weeks till 21 Oct. All remaining shareholders should submit acceptances very soon or risk defaulting to option 1. cmengchan      ( Date: 04-Oct-2024 20:43) Posted: 89.11% acceptance.
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Entropy72 Master	04-Oct-2024 21:21        Entropy72 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Wow, 90% reached so soon. Trading volumes will surge a day (traders run road at 36 cts), then dry up next 2 weeks till 21 Oct. All remaining shareholders should submit acceptances very soon or risk defaulting to option 1. cmengchan      ( Date: 04-Oct-2024 20:43) Posted: 89.11% acceptance.  cmengchan      ( Date: 03-Oct-2024 19:35) Posted: 85.34% acceptance.
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Entropy72 Master	04-Oct-2024 21:17        Entropy72 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Alright thanks! halleluyah      ( Date: 04-Oct-2024 20:57) Posted: As stated black n white 7 days if nt will get sued....next wk will receive $$ liao.... Entropy72      ( Date: 04-Oct-2024 15:09) Posted: Those who have accepted earlier will get the proceeds 7 business days after acceptance? Or have to wait till 21 Oct? If so, the extension is not fair and holding back proceeds for those of us who have already accepted.
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halleluyah Supreme	04-Oct-2024 20:57        halleluyah About Contact  Quote this Post!
x 0   x 0  Alert Admin	As stated black n white 7 days if nt will get sued....next wk will receive $$ liao.... Entropy72      ( Date: 04-Oct-2024 15:09) Posted: Those who have accepted earlier will get the proceeds 7 business days after acceptance? Or have to wait till 21 Oct? If so, the extension is not fair and holding back proceeds for those of us who have already accepted. cmengchan      ( Date: 04-Oct-2024 14:41) Posted: No need to rush. Its getting closer. Eventually, those who hold out will be left with illiquid shares if it just failed to reach 90%
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cmengchan Senior	04-Oct-2024 20:43        cmengchan About Contact  Quote this Post! Style: Flexible   Mood:
x 0   x 0  Alert Admin	89.11% acceptance.  cmengchan      ( Date: 03-Oct-2024 19:35) Posted: 85.34% acceptance.  cmengchan      ( Date: 02-Oct-2024 20:35) Posted: 84.45% acceptance.
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Entropy72 Master	04-Oct-2024 15:09        Entropy72 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Those who have accepted earlier will get the proceeds 7 business days after acceptance? Or have to wait till 21 Oct? If so, the extension is not fair and holding back proceeds for those of us who have already accepted. cmengchan      ( Date: 04-Oct-2024 14:41) Posted: No need to rush. Its getting closer. Eventually, those who hold out will be left with illiquid shares if it just failed to reach 90%. Entropy72      ( Date: 04-Oct-2024 13:14) Posted: Ah, Goh buying himself time to accumulate 90% acceptance.
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cmengchan Senior	04-Oct-2024 14:41        cmengchan About Contact  Quote this Post! Style: Flexible   Mood:
x 0   x 0  Alert Admin	No need to rush. Its getting closer. Eventually, those who hold out will be left with illiquid shares if it just failed to reach 90%. Entropy72      ( Date: 04-Oct-2024 13:14) Posted: Ah, Goh buying himself time to accumulate 90% acceptance. spursfan      ( Date: 04-Oct-2024 12:24) Posted: Closing date extend to 21 oct. No increase of offer consideration https://links.sgx.com/1.0.0/corporate-announcements/LTUP0PQZG3A1PJ2D/821000_Extension_of_Closing_Date.pdf
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Entropy72 Master	04-Oct-2024 13:14        Entropy72 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Ah, Goh buying himself time to accumulate 90% acceptance. spursfan      ( Date: 04-Oct-2024 12:24) Posted: Closing date extend to 21 oct. No increase of offer consideration https://links.sgx.com/1.0.0/corporate-announcements/LTUP0PQZG3A1PJ2D/821000_Extension_of_Closing_Date.pdf
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spursfan Supreme	04-Oct-2024 12:24        spursfan About Contact  Quote this Post!
x 0   x 0  Alert Admin	Closing date extend to 21 oct. No increase of offer consideration https://links.sgx.com/1.0.0/corporate-announcements/LTUP0PQZG3A1PJ2D/821000_Extension_of_Closing_Date.pdf
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cmengchan Senior	04-Oct-2024 09:55        cmengchan About Contact  Quote this Post! Style: Flexible   Mood:
x 0   x 0  Alert Admin	Possible that they are contra players.  However, sell in open market, then will have funds available much earlier to deploy.  I believe the sellers could likely be traders, and they might want to move on to other counters. Entropy72      ( Date: 04-Oct-2024 09:52) Posted: Not sure why anyone would sell at 36 cents in open market and incur commission. Maybe contra players. cmengchan      ( Date: 04-Oct-2024 09:49) Posted: Based on their latest Acceptance update, they have acquired  457,600 shares at $0.36 from open market since then.  So, anyone who doesn' t want to wait, can sell and pay the commission
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Entropy72 Master	04-Oct-2024 09:52        Entropy72 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Not sure why anyone would sell at 36 cents in open market and incur commission. Maybe contra players. cmengchan      ( Date: 04-Oct-2024 09:49) Posted: Based on their latest Acceptance update, they have acquired  457,600 shares at $0.36 from open market since then.  So, anyone who doesn' t want to wait, can sell and pay the commission. Entropy72      ( Date: 04-Oct-2024 09:36) Posted: Goh has interest to compulsory acquire 100% of shares. He can do so once he gets 90% acceptance. So it is possible his proxies may sweep up additional 4% from market to reach 90%. It is not sabotaging himself to pay higher prices to do so as there is no SGX regulation against it. Correct me if I am mistaken.
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cmengchan Senior	04-Oct-2024 09:49        cmengchan About Contact  Quote this Post! Style: Flexible   Mood:
x 0   x 0  Alert Admin	Based on their latest Acceptance update, they have acquired  457,600 shares at $0.36 from open market since then.  So, anyone who doesn' t want to wait, can sell and pay the commission. Entropy72      ( Date: 04-Oct-2024 09:36) Posted: Goh has interest to compulsory acquire 100% of shares. He can do so once he gets 90% acceptance. So it is possible his proxies may sweep up additional 4% from market to reach 90%. It is not sabotaging himself to pay higher prices to do so as there is no SGX regulation against it. Correct me if I am mistaken. an_k1318      ( Date: 04-Oct-2024 08:26) Posted: Please do not be upset with my view but once this was out, I felt there is really no point hanging on, hoping to get a higher offer.  The only question now is can you achieve a higher yield or should you wait for 5 years. It is highly impossible and unlikely Goh + proxies will buy something to sabotage themselves.  I sold off 37 cents when IFA bs was shared, cut loss and move on.
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