Latest Forum Topics / Vard |
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0.25 cents a shares ...NO WAY!
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qtrinity
Senior |
15-May-2018 19:01
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Sias, has asked the directors of Vard Holdings to explain their independence in the spirit of the governance rules, and called on parent company  Fincantieri to better its delisting offer. https://www.businesstimes.com.sg/companies-markets/sias-urges-vard-directors-to-explain-independence-and-fincantieri-to-up-delisting |
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tthsteve
Member |
15-May-2018 17:21
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BillionX
Senior |
15-May-2018 16:15
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SIAS in a press release today stated that Fincantieri offer exit price of 0.25 should be increased and the management should abstain from voting.For more information go to SIAS website to read the full text. | |||||
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BillionX
Senior |
15-May-2018 15:15
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Thank you. If all of us vote no at least we have a chance to stop this unfaire delisting.  | |||||
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subaru
Senior |
15-May-2018 14:36
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I will send the proxy form to vote NO. | |||||
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BillionX
Senior |
15-May-2018 10:57
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Hi Kamyip, the new set of documents will be send to you so look out in the mail. Would you be interested in joining us at the app Telegram where likeminded Vard shareholders devise a plan to derail the delisting .You can download the app free on apple and/or androit. Good luck. | |||||
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kamyip
Member |
14-May-2018 16:44
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may I know when is the next EGM. I wish to attend and say NO too. | |||||
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BillionX
Senior |
14-May-2018 12:35
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A reminder to all Vard shareholders. If you have accepted the offer of 0.25 YOU CAN NOW WITHDRAW YOUR ACCEPTANCE. If you use CPF to buy your shares you can also WITHDRAW YOUR ACCEPTANCE.  After you have withdrawn your acceptance you can attend the next EGM . Please go attend the EGM and VOTE NO to the delisting. Your vote will go a long way to STOP VARD FROM BEING DELISTED. Remember every vote counts. Let' s do it and prevent your hard earned income and retirement savings (CPF) from being robbed by Fincanteri. Please pass this information to your friends if they are also Vard shareholders. Thank you. PS: In the meantime do not sell your shares. Your Vard shares are worth more than $0.25 . | |||||
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BillionX
Senior |
12-May-2018 13:19
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What can you do with $0.25 cents in Singapore? NOT MUCH I hear you say. . But do you know that  this  is the amount Fincanteri wants to pay you for your Vard share. To add further insult to injury Fincanteri wants to delist Vard knowing that they have  80% of the company. DO you think we should allow this to happen. Imagine your hard earned income and your retirement income(CPF) will be wiped out through this unjust and unfair method. Just as when Vard is winning new contracts and  improved earnings, Fincanteri/Vard management thinks they should delist the company from SGX denying you and the many thousands of minority shareholders a share in the company profit. Well, you can do something about it. You can vote to deny them of their wicked intentions. You can do the following: (1) If you have already accepted the offer YOU SHOULD NOW WITHDRAW THE ACCEPTANCE (after you have withdrawn you can attend the next egm to vote NO) (2) I f you have not accepted the offer ATTEND THE NEXT EGM AND VOTE NO TO THE PROPOSED DELISTING. Remember every vote counts. Strength in numbers. LET' S DO IT. WE CAN DO IT. | |||||
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