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teeth53 Supreme	20-Feb-2017 11:35        teeth53 About Contact  Quote this Post! Style: Flexible   Mood: Yells: "don't learn through life, learn to grow with life "
x 0   x 0  Alert Admin	Latest update -  thomsonreuters.com IHC has declared a  change in shareholding, triggering a clause that allows bondholders to  redeem their investments and accrued interest. However, S' pore-listed hospital mgt coy said in announcement late on Friday that it may not be able to obtain funding to meet  the payment obligations and may not be able to continue as a going concern. Yesterday, property group Oxley Holdings announced that it was terminating the  offer of a S$50m convertible loan to IHC. The move followed the decision of  Oxley and its controlling shareholders Ching Chiat Kwong and Low See Ching to  sell their combined direct and indirect 35.77% stakes in IHC to OUE, another  Singapore property company, late last week. The shareholder change has raised OUE' s stake to 57.60% and triggered a  mandatory takeover of IHC. Under IHC' s outstanding S$50m 7% bond due on April 27 and a S$50m 6% note due  February 6 2018, a change of shareholding event occurs when the combined stakes  of Fan Kow Hin, Aathar Ah Kong Andrew and Jong Hee Sen and their family members  fall under 30% of the issued share capital. Fan reduced his direct and indirect  stake from 23% to 13.4% in early February but no details were given on stakes  held by Jong and Aathar. IHC said in light of OUE' s unconditional cash offer and Fan' s reduced  shareholdings, the change of shareholding event has occurred.  The announcement advised investors holding the two outstanding bonds to deposit  their notes and all unmatured coupons with principal paying agent Deutsche Bank  by March 4.  IHC has to redeem these notes on April 18, 60 days from the notice date of  February 17.
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tankookoo Master	20-Feb-2017 07:42        tankookoo About Contact  Quote this Post!
x 0   x 0  Alert Admin	oh no..suspension....will it be delisted? jialiat
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happyharvest Elite	20-Feb-2017 01:58        happyharvest About Contact  Quote this Post!
x 0   x 0  Alert Admin	the previous management team mis-managed the company , getting into all this messes. I think a robot can make better decision than them. haha checkmate      ( Date: 19-Feb-2017 20:41) Posted: Just read the latest sgx announcement. http://infopub.sgx.com/FileOpen/Update.ashx?App=Announcement& FileID=439713 happyharvest      ( Date: 19-Feb-2017 20:35) Posted: could you copy and past the terms here? Where can I find it?
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checkmate Member	19-Feb-2017 20:41        checkmate About Contact  Quote this Post!
x 0   x 0  Alert Admin	Just read the latest sgx announcement. http://infopub.sgx.com/FileOpen/Update.ashx?App=Announcement& FileID=439713 happyharvest      ( Date: 19-Feb-2017 20:35) Posted: could you copy and past the terms here? Where can I find it? checkmate      ( Date: 19-Feb-2017 15:32) Posted: Nobody focused on the part of the MTN event which says that the company does not have enough funds to meet their obligations. Someone has to come up with the extra redemption funds. Oxley? Riady family? Or some other white knight? Drama has not ended.
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happyharvest Elite	19-Feb-2017 20:35        happyharvest About Contact  Quote this Post!
x 0   x 0  Alert Admin	could you copy and past the terms here? Where can I find it? checkmate      ( Date: 19-Feb-2017 15:32) Posted: Nobody focused on the part of the MTN event which says that the company does not have enough funds to meet their obligations. Someone has to come up with the extra redemption funds. Oxley? Riady family? Or some other white knight? Drama has not ended.
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happyharvest Elite	19-Feb-2017 20:33        happyharvest About Contact  Quote this Post!
x 0   x 0  Alert Admin	probably they are playing psychology here. purposely offer at low price and push higher at open market so that some retailers see that it is more attractive they may even sell at open market. They are just playing with our psychology. lol teeth53      ( Date: 19-Feb-2017 13:43) Posted: Yes. U were right. Just B4 the morning halt. Mkt players were placing their bet. Bid / Ask volume...indicating Bid vol - 2,825,000 mil shr, [email protected] verse [email protected]. Ask Vol were at 17,942,000 mil shr  Lepin888      ( Date: 19-Feb-2017 07:40) Posted: Insiders will push this up above 10.6cts to keep it listed since land bank has potential albeit more funds required.
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checkmate Member	19-Feb-2017 15:32        checkmate About Contact  Quote this Post!
x 0   x 0  Alert Admin	Nobody focused on the part of the MTN event which says that the company does not have enough funds to meet their obligations. Someone has to come up with the extra redemption funds. Oxley? Riady family? Or some other white knight? Drama has not ended.
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teeth53 Supreme	19-Feb-2017 14:02        teeth53 About Contact  Quote this Post! Style: Flexible   Mood: Yells: "don't learn through life, learn to grow with life "
x 0   x 0  Alert Admin	Quarz portfolio mgr Havard Chi, whose firm started accumulating IHC shares in recent mths, said: " OUE' s offer - fair value to all shareholders, they has  and intend to tender our (their) shares. TechnicalTrader      ( Date: 17-Feb-2017 23:01) Posted: don' t think so hard... out of our control.... wait see how price move  teeth53      ( Date: 17-Feb-2017 22:56) Posted: Mandatory offered at $0.106c n unless they says so (eg: like final offer) if they don't, then they hust leave it as it is... n if they does @$0.107c. They will have to pick up the rest @$0.107c to go private (90%). Wondering was IHC going private?, for HMC. Think they want to retain listing statue. For Auric Pacific case. They said is the final offered
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teeth53 Supreme	19-Feb-2017 13:57        teeth53 About Contact  Quote this Post! Style: Flexible   Mood: Yells: "don't learn through life, learn to grow with life "
x 0   x 0  Alert Admin	So. Now Fan rich with cash. No longer have to report, as his shr holding is less then 5%. How he play with his remaining shr (up)? n or through proxy will not be know to us. teeth53      ( Date: 18-Feb-2017 08:02) Posted: http://pdf.reuters.com/sgxnews/sgxnews.asp?i=43059c3bf0e37541& u=urn:newsml:reuters.com:20170218:nSN72pcCd On 17 Feb 2017, Mr Fan submitted a Form 3 notifying the Coy. His interest in the Coy had fallen from 13.4% to 4.67%. To-date, the Coy has only received confirmation from JHS that his interest in the Coy has not changed. The Coy has not received any similar confirmation from AAK, nor any notice of change in interest in the Coy from AAK or JHS. no 16 Feb 2017, the offeror of the mandatory unconditional cash offer, Treasure International Holdings Pte. Ltd together with parties acting in concert with it will hold an aggregate of 955,674,037 Shares, representing approximately 57.60% of all the Shares in the capital of the Coy upon completion of the Offeror&rsquo s purchase of an aggregate of 593,470,029 Shares from Ching, Low, Low Bee Lan Audrey and Tee Wee Sien, representing 35.77%. In light of the abovementioned circumstances, the Coy wishes to announce that it is of the view that a change in shareholding event under the MTNs has occurred, and noteholders are entitled at their option to redeem their MTNs in the manner provided for under the Trust Deed.
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teeth53 Supreme	19-Feb-2017 13:50        teeth53 About Contact  Quote this Post! Style: Flexible   Mood: Yells: "don't learn through life, learn to grow with life "
x 0   x 0  Alert Admin	Raidy' s n family try to buy cheap, holding abt or less < 60%. Mkt forces saying is cheap. n it has some way to go B4 hitting 90%.  Wind22i      ( Date: 18-Feb-2017 00:02) Posted: Stephen riady trying to buy cheaply...
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teeth53 Supreme	19-Feb-2017 13:43        teeth53 About Contact  Quote this Post! Style: Flexible   Mood: Yells: "don't learn through life, learn to grow with life "
x 0   x 0  Alert Admin	Yes. U were right. Just B4 the morning halt. Mkt players were placing their bet. Bid / Ask volume...indicating Bid vol - 2,825,000 mil shr, [email protected] verse [email protected]. Ask Vol were at 17,942,000 mil shr  Lepin888      ( Date: 19-Feb-2017 07:40) Posted: Insiders will push this up above 10.6cts to keep it listed since land bank has potential albeit more funds required.
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teeth53 Supreme	19-Feb-2017 13:32        teeth53 About Contact  Quote this Post! Style: Flexible   Mood: Yells: "don't learn through life, learn to grow with life "
x 0   x 0  Alert Admin	In Auric Pacific case. Raidy' s n family wish is willing only, no more n no less @$1.650c final offer, announced in SGX Exch. A chk on  Auric Pacific, oso target to go private by Riady' s. Another  165,200 shr  were pick up from open mkt.  Yesterday were  80.04%. Friday added, +0.13% to reached  80.17%  (no sellers is willing to sell)
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goodman Senior	19-Feb-2017 13:13        goodman About Contact  Quote this Post!
x 0   x 0  Alert Admin	I think differently. Nothing above 10.7cts or perhaps even lower so that people will sell to them. Indonesian is rich enough to fund their project without external sources. Push higher it will be 1-2 yrs later when they unlock profits.
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Lepin888 Veteran	19-Feb-2017 07:40        Lepin888 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Insiders will push this up above 10.6cts to keep it listed since land bank has potential albeit more funds required.
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happyharvest Elite	18-Feb-2017 22:51        happyharvest About Contact  Quote this Post!
x 0   x 0  Alert Admin	when big fishes meet bigger big fish, they have no choice but to give way. lol teeth53      ( Date: 17-Feb-2017 23:41) Posted: http://www.straitstimes.com/business/oue-to-buy-oxley-execs-ihc-stakes OUE launched a cash offer for all remaining IHC stock that it does not own, offering 10.6 cents. OUE said that it intends to keep IHC listed but may take it private if it gets control of more than 90%. In Jan, it scooped up a 12.5% stake, on same day Oxley led the ouster of IHC' s old board . On Feb 8, OUE raised its stake to 21.83 per cent. Oxley' s Mr Low, who accumulated 118.1 million shares in 2015 - some for as low as 8.5 cents - and pushed hardest for the ouster, told The Straits Times that he was pleased with OUE' s offer, though it had taken him by surprise. Mr Low said: " We fought hard to make sure that all the shareholders would benefit from this exercise. OUE has the expertise to run a hospital, and it can easily turn IHC around, compared with us. IHC will be in good hands." Oxley earlier proposed extending a $50 million loan to IHC, convertible into shares, but that deal is likely to be called off with OUE taking the reins. Catalist-listed IHC owns 12 nursing homes in Japan and two hospitals in China, and is developing an integrated medical centre in Malaysia. OUE executive chairman Stephen Riady said: " This acquisition allows us to expand into the new sector of healthcare real estate, which is a strategic fit to our existing asset portfolio." Quarz portfolio mgr Havard Chi, whose firm started accumulating IHC shares in recent mths, said: " We believe OUE' s offer provides fair value to all shareholders in short to mid term, and intend to tender our shares. " IHC probably has more upside, but it could take more than one to two years to unlock the value." teeth53      ( Date: 17-Feb-2017 23:31) Posted: Yup...is in ST paper. Dated Feb 17, 2017. Today...Friday under BUSINESS. PAGE C5
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Newbeginner Veteran	18-Feb-2017 10:15        Newbeginner About Contact  Quote this Post!
x 0   x 0  Alert Admin	Is it Voluntary suspension again? teeth53      ( Date: 18-Feb-2017 08:02) Posted: http://pdf.reuters.com/sgxnews/sgxnews.asp?i=43059c3bf0e37541& u=urn:newsml:reuters.com:20170218:nSN72pcCd On 17 Feb 2017, Mr Fan submitted a Form 3 notifying the Coy. His interest in the Coy had fallen from 13.4% to 4.67%. To-date, the Coy has only received confirmation from JHS that his interest in the Coy has not changed. The Coy has not received any similar confirmation from AAK, nor any notice of change in interest in the Coy from AAK or JHS. no 16 Feb 2017, the offeror of the mandatory unconditional cash offer, Treasure International Holdings Pte. Ltd together with parties acting in concert with it will hold an aggregate of 955,674,037 Shares, representing approximately 57.60% of all the Shares in the capital of the Coy upon completion of the Offeror&rsquo s purchase of an aggregate of 593,470,029 Shares from Ching, Low, Low Bee Lan Audrey and Tee Wee Sien, representing 35.77%. In light of the abovementioned circumstances, the Coy wishes to announce that it is of the view that a change in shareholding event under the MTNs has occurred, and noteholders are entitled at their option to redeem their MTNs in the manner provided for under the Trust Deed.
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teeth53 Supreme	18-Feb-2017 08:02        teeth53 About Contact  Quote this Post! Style: Flexible   Mood: Yells: "don't learn through life, learn to grow with life "
x 0   x 0  Alert Admin	http://pdf.reuters.com/sgxnews/sgxnews.asp?i=43059c3bf0e37541& u=urn:newsml:reuters.com:20170218:nSN72pcCd On 17 Feb 2017, Mr Fan submitted a Form 3 notifying the Coy. His interest in the Coy had fallen from 13.4% to 4.67%. To-date, the Coy has only received confirmation from JHS that his interest in the Coy has not changed. The Coy has not received any similar confirmation from AAK, nor any notice of change in interest in the Coy from AAK or JHS. no 16 Feb 2017, the offeror of the mandatory unconditional cash offer, Treasure International Holdings Pte. Ltd together with parties acting in concert with it will hold an aggregate of 955,674,037 Shares, representing approximately 57.60% of all the Shares in the capital of the Coy upon completion of the Offeror&rsquo s purchase of an aggregate of 593,470,029 Shares from Ching, Low, Low Bee Lan Audrey and Tee Wee Sien, representing 35.77%. In light of the abovementioned circumstances, the Coy wishes to announce that it is of the view that a change in shareholding event under the MTNs has occurred, and noteholders are entitled at their option to redeem their MTNs in the manner provided for under the Trust Deed.
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Wind22i Supreme	18-Feb-2017 00:02        Wind22i About Contact  Quote this Post!
x 0   x 0  Alert Admin	Stephen riady trying to buy cheaply...
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teeth53 Supreme	17-Feb-2017 23:41        teeth53 About Contact  Quote this Post! Style: Flexible   Mood: Yells: "don't learn through life, learn to grow with life "
x 0   x 0  Alert Admin	http://www.straitstimes.com/business/oue-to-buy-oxley-execs-ihc-stakes OUE launched a cash offer for all remaining IHC stock that it does not own, offering 10.6 cents. OUE said that it intends to keep IHC listed but may take it private if it gets control of more than 90%. In Jan, it scooped up a 12.5% stake, on same day Oxley led the ouster of IHC' s old board . On Feb 8, OUE raised its stake to 21.83 per cent. Oxley' s Mr Low, who accumulated 118.1 million shares in 2015 - some for as low as 8.5 cents - and pushed hardest for the ouster, told The Straits Times that he was pleased with OUE' s offer, though it had taken him by surprise. Mr Low said: " We fought hard to make sure that all the shareholders would benefit from this exercise. OUE has the expertise to run a hospital, and it can easily turn IHC around, compared with us. IHC will be in good hands." Oxley earlier proposed extending a $50 million loan to IHC, convertible into shares, but that deal is likely to be called off with OUE taking the reins. Catalist-listed IHC owns 12 nursing homes in Japan and two hospitals in China, and is developing an integrated medical centre in Malaysia. OUE executive chairman Stephen Riady said: " This acquisition allows us to expand into the new sector of healthcare real estate, which is a strategic fit to our existing asset portfolio." Quarz portfolio mgr Havard Chi, whose firm started accumulating IHC shares in recent mths, said: " We believe OUE' s offer provides fair value to all shareholders in short to mid term, and intend to tender our shares. " IHC probably has more upside, but it could take more than one to two years to unlock the value." teeth53      ( Date: 17-Feb-2017 23:31) Posted: Yup...is in ST paper. Dated Feb 17, 2017. Today...Friday under BUSINESS. PAGE C5
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teeth53 Supreme	17-Feb-2017 23:31        teeth53 About Contact  Quote this Post! Style: Flexible   Mood: Yells: "don't learn through life, learn to grow with life "
x 0   x 0  Alert Admin	Yup...is in ST paper. Dated Feb 17, 2017. Today...Friday under BUSINESS. PAGE C5
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