| Latest Forum Topics / Healthway Med |
|
|
healthway, healthy?
|
|||||||||||||||||||||||||||||||||||||||||||||||||||
|
laksaman57
Supreme |
25-Mar-2017 18:23
|
||||||||||||||||||||||||||||||||||||||||||||||||||
|
x 0
x 0 Alert Admin |
"Further to the Company?s announcement released on 23 March 2017, the Board wishes to announce
that the Company has on 24 March 2017 received the Listing and Quotation Notice (the ?LQN?) from
the Singapore Exchange Securities Trading Limited (?SGX-ST?) for the listing of and quotation of up to
295,508,274 T1 CN B Conversion Shares to be issued pursuant to the conversion of S$10 million
principal amount of T1 CN B at a conversion price of S$0.03384 for each Conversion Share, subject
to compliance with the SGX-ST?s listing requirements."
|
||||||||||||||||||||||||||||||||||||||||||||||||||
| Useful To Me Not Useful To Me | |||||||||||||||||||||||||||||||||||||||||||||||||||
|
laksaman57
Supreme |
25-Mar-2017 16:43
|
||||||||||||||||||||||||||||||||||||||||||||||||||
|
x 0
x 0 Alert Admin |
http://sgx.i3investor.com/m/announcement/276584.jsp | ||||||||||||||||||||||||||||||||||||||||||||||||||
| Useful To Me Not Useful To Me | |||||||||||||||||||||||||||||||||||||||||||||||||||
|
|
|||||||||||||||||||||||||||||||||||||||||||||||||||
|
happyharvest
Elite |
25-Mar-2017 15:17
|
||||||||||||||||||||||||||||||||||||||||||||||||||
|
x 0
x 0 Alert Admin |
no wonder get out early. things are so messy inside. stupid management team |
||||||||||||||||||||||||||||||||||||||||||||||||||
| Useful To Me Not Useful To Me | |||||||||||||||||||||||||||||||||||||||||||||||||||
|
teeth53
Supreme |
25-Mar-2017 13:41
Yells: "don't learn through life, learn to grow with life " |
||||||||||||||||||||||||||||||||||||||||||||||||||
|
x 0
x 0 Alert Admin |
i) Fan holding 17% HMC share n on March 8, filed a bankruptcy.    A hearing is scheduled for  April 6, 2017.  The court will held on to his 17%, if he is adjudged a bankrupt, then the court appointed trustee take over his shares, and will seek a sale to pay to creditors.   ii) Coy (HMC) to despatch to Shareholders circular for transactions by 6 April 2017 and  convene EGM by 21 April 2017. And  iii) RHBSEC, for and on behalf of the Offeror, in the Unconditional Offer Announcement.    THE CLOSING DATE of the Offer (Lippo) will be extended.  A further period of 14 days from 5.30 p.m. on 24 March 2017 to 5.30 p.m. on 7 April 2017    
|
||||||||||||||||||||||||||||||||||||||||||||||||||
| Useful To Me Not Useful To Me | |||||||||||||||||||||||||||||||||||||||||||||||||||
|
teeth53
Supreme |
25-Mar-2017 13:22
Yells: "don't learn through life, learn to grow with life " |
||||||||||||||||||||||||||||||||||||||||||||||||||
|
x 0
x 0 Alert Admin |
This is real trading by as many third party players. (Be it is buying up or selling down) Willing to sell as much n equally willing players buying as much.
|
||||||||||||||||||||||||||||||||||||||||||||||||||
| Useful To Me Not Useful To Me | |||||||||||||||||||||||||||||||||||||||||||||||||||
|
|
|||||||||||||||||||||||||||||||||||||||||||||||||||
|
teeth53
Supreme |
25-Mar-2017 13:12
Yells: "don't learn through life, learn to grow with life " |
||||||||||||||||||||||||||||||||||||||||||||||||||
|
x 0
x 0 Alert Admin |
" Lippo, which has built a 21.9% stake in HMC, is not out of the game yet." Lippo can use friendly proxy firm to buy up / sell lower which ever plan they see it fix. So in EGM. When shareholders vote. Such plan can spoilt (sabo) by -- for or against from either party vying to take control of HMC. Depending on who control more share percentage.
|
||||||||||||||||||||||||||||||||||||||||||||||||||
| Useful To Me Not Useful To Me | |||||||||||||||||||||||||||||||||||||||||||||||||||
|
teeth53
Supreme |
25-Mar-2017 12:49
Yells: "don't learn through life, learn to grow with life " |
||||||||||||||||||||||||||||||||||||||||||||||||||
|
x 0
x 0 Alert Admin |
Scenario 1. U can buy/sell or trade n hold likely upto 5 yrs before conversion by GW. Scenario 2. If U kept ur shr even Lippo mandatory pass 50%n or went pass 90%. i) At 50%, Lippo will announe n continue to buy up fm open [email protected] till it hit 90%. ii) At 90%+. Lippo will announce final offer with extended date to go private n delist.  iii) Lippo will continue to buy up existing shr, till the last day of the extended announcement date. Note - Those shr still remain will be issue share cert. Saying you are owner of xxx nos of share held. Be it is one shr, one thousand shr or many million of shr.)
|
||||||||||||||||||||||||||||||||||||||||||||||||||
| Useful To Me Not Useful To Me | |||||||||||||||||||||||||||||||||||||||||||||||||||
|
yu2000
Member |
25-Mar-2017 11:58
|
||||||||||||||||||||||||||||||||||||||||||||||||||
|
x 0
x 0 Alert Admin |
I am new to this situation. If I keep the shares, what will happen?  |
||||||||||||||||||||||||||||||||||||||||||||||||||
| Useful To Me Not Useful To Me | |||||||||||||||||||||||||||||||||||||||||||||||||||
|
|
|||||||||||||||||||||||||||||||||||||||||||||||||||
|
newbieinvestor
Member |
25-Mar-2017 10:15
|
||||||||||||||||||||||||||||||||||||||||||||||||||
|
x 0
x 0 Alert Admin |
why you say like that? if board and mgt have wisdom company is not bankrupt la. small company the director all is friend the controlling shareholder. voting is rubber stamp la. how can simply give the $100m to the Party A to C and never pay back one?    
|
||||||||||||||||||||||||||||||||||||||||||||||||||
| Useful To Me Not Useful To Me | |||||||||||||||||||||||||||||||||||||||||||||||||||
|
mepkoh
Elite |
25-Mar-2017 08:59
|
||||||||||||||||||||||||||||||||||||||||||||||||||
|
x 0
x 0 Alert Admin |
the  $10m loan approved n transefered to coy.. about 295m conversion shares  at 0,03384 each.., will they dump???that is the question??? to dump or not.. vbut lipo offer will end firrst before the sharholders s vote no the $70m notes... most probably lippo gets coy now...imho |
||||||||||||||||||||||||||||||||||||||||||||||||||
| Useful To Me Not Useful To Me | |||||||||||||||||||||||||||||||||||||||||||||||||||
|
teeth53
Supreme |
24-Mar-2017 17:07
Yells: "don't learn through life, learn to grow with life " |
||||||||||||||||||||||||||||||||||||||||||||||||||
|
x 0
x 0 Alert Admin |
Still feel Lippo can buy upto 29.999%, the rest, 20.001% will come into proxy play?.
|
||||||||||||||||||||||||||||||||||||||||||||||||||
| Useful To Me Not Useful To Me | |||||||||||||||||||||||||||||||||||||||||||||||||||
|
teeth53
Supreme |
24-Mar-2017 17:02
Yells: "don't learn through life, learn to grow with life " |
||||||||||||||||||||||||||||||||||||||||||||||||||
|
x 0
x 0 Alert Admin |
In the case of mandatory offering, it has to pass 50%.  It has to pass 90% (un-conditional)  n going private (delist).  |
||||||||||||||||||||||||||||||||||||||||||||||||||
| Useful To Me Not Useful To Me | |||||||||||||||||||||||||||||||||||||||||||||||||||
|
|
|||||||||||||||||||||||||||||||||||||||||||||||||||
|
teeth53
Supreme |
24-Mar-2017 16:56
Yells: "don't learn through life, learn to grow with life " |
||||||||||||||||||||||||||||||||||||||||||||||||||
|
x 0
x 0 Alert Admin |
LIppo has proven take Auric Pacific private n delsiting, following this. IHC is also on Mandatory offering, Lippo say want to intergate HMC into IHC. So once mandatory offer is on, They will buy up the rest at 0.042 in HMC case. U decide what you want to do with ur shr, sell to them (Lippo) or sell in open mkt.
|
||||||||||||||||||||||||||||||||||||||||||||||||||
| Useful To Me Not Useful To Me | |||||||||||||||||||||||||||||||||||||||||||||||||||
|
teeth53
Supreme |
24-Mar-2017 16:51
Yells: "don't learn through life, learn to grow with life " |
||||||||||||||||||||||||||||||||||||||||||||||||||
|
x 0
x 0 Alert Admin |
Who selling n who is buying several million of shares?.
|
||||||||||||||||||||||||||||||||||||||||||||||||||
| Useful To Me Not Useful To Me | |||||||||||||||||||||||||||||||||||||||||||||||||||
|
goldminer
Member |
24-Mar-2017 14:56
|
||||||||||||||||||||||||||||||||||||||||||||||||||
|
x 0
x 0 Alert Admin |
the board n mgt ought to have the wisdom to differentiate btwn the two to decide who' s is ultimately beneficial to the co.
|
||||||||||||||||||||||||||||||||||||||||||||||||||
| Useful To Me Not Useful To Me | |||||||||||||||||||||||||||||||||||||||||||||||||||
|
goldminer
Member |
24-Mar-2017 14:34
|
||||||||||||||||||||||||||||||||||||||||||||||||||
|
x 0
x 0 Alert Admin |
really dun know who is gateway. but lippo is its largest shareholder with a 21% stake and a credible company listed in the hong kong exchange wanting to takeover and grow the biz. |
||||||||||||||||||||||||||||||||||||||||||||||||||
| Useful To Me Not Useful To Me | |||||||||||||||||||||||||||||||||||||||||||||||||||
|
newbieinvestor
Member |
24-Mar-2017 13:06
|
||||||||||||||||||||||||||||||||||||||||||||||||||
|
x 0
x 0 Alert Admin |
HMC choose gateway. no more lippo. can still buy? what u think? |
||||||||||||||||||||||||||||||||||||||||||||||||||
| Useful To Me Not Useful To Me | |||||||||||||||||||||||||||||||||||||||||||||||||||
|
goldminer
Member |
24-Mar-2017 12:10
|
||||||||||||||||||||||||||||||||||||||||||||||||||
|
x 0
x 0 Alert Admin |
now that the terms of con-note has been revised, should the offer price be revised accordingly to make it more fair and reasonable ? |
||||||||||||||||||||||||||||||||||||||||||||||||||
| Useful To Me Not Useful To Me | |||||||||||||||||||||||||||||||||||||||||||||||||||
|
amandayoung
Elite |
24-Mar-2017 11:16
|
||||||||||||||||||||||||||||||||||||||||||||||||||
|
x 0
x 0 Alert Admin |
This COULD have been the next Raffles Medical.
But Ex management vs Raffles management. LOL. So obvious what happened. |
||||||||||||||||||||||||||||||||||||||||||||||||||
| Useful To Me Not Useful To Me | |||||||||||||||||||||||||||||||||||||||||||||||||||
|
teeth53
Supreme |
24-Mar-2017 08:44
Yells: "don't learn through life, learn to grow with life " |
||||||||||||||||||||||||||||||||||||||||||||||||||
|
x 0
x 0 Alert Admin |
Lippo, which has built a 21.9% stake in HMC, is not out of the game yet.
Gateway to issue another tranche of $60m convertible bonds, which will require shareholders' approval, and that will take the loan tally to $70 million. HMC plans to seek this approval at an extraordinary general meeting (EGM) to be held by April 21, and intends to dispatch a shareholders' circular by April 6. There is a chance that shareholders may reject the deal. Under the terms Gateway deal, Gateway can convert its $60M loan into 1.78 billion shares in five years, which works out to a price of 3.4 cents per conversion share. This dilution would also put 39.15% of HMC's enlarged share capital into the hands of Gateway, effectively triggering a mandatory general offer at 3.4 cents, which is below Lippo's current takeover offer of 4.2 cents a share. teeth53 thot - GW can convert those $70m loan in 5-yrs. Is it?. It mean they can only convert after 5 years??. |
||||||||||||||||||||||||||||||||||||||||||||||||||
| Useful To Me Not Useful To Me | |||||||||||||||||||||||||||||||||||||||||||||||||||

