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Neutral_Guy Member	02-Nov-2022 16:14        Neutral_Guy About Contact  Quote this Post!
x 0   x 0  Alert Admin	Anybody knows if this attempt fail. How long they have to wait if want to call for another privatization?
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Neutral_Guy Member	02-Nov-2022 15:02        Neutral_Guy About Contact  Quote this Post!
x 0   x 0  Alert Admin	Very exciting this stock now. Either goes up more(if have better offer) or drop more(if cancel privatization). Why dont halt trading...
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Neutral_Guy Member	02-Nov-2022 10:14        Neutral_Guy About Contact  Quote this Post!
x 0   x 0  Alert Admin	This is the official 1st time. The other time dont have formal announcement and cancel the SUPER Project. And the share price drop from 0.39 to 0.34
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MambaFinancial89 Veteran	01-Nov-2022 23:01        MambaFinancial89 About Contact  Quote this Post! Style: Fundamental   Yells: "Be greedy when others are fearful. "
x 0   x 0  Alert Admin	I presume they will raise the offer if acceptance rate continues to be below 90%. Second time trying, the Offeror would want the deal to go through.  desmondxyz      ( Date: 01-Nov-2022 14:16) Posted: seems like the offeror not going to raise the offer and for sure they wont have enough acceptance to even turn the deal unconditional, hence eventually this offer likely to lapse. In this case, is it better for us to sell it in open market now and buy back later?  Neutral_Guy      ( Date: 26-Oct-2022 08:54) Posted: It will not go thru. For sure.
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desmondxyz Veteran	01-Nov-2022 14:16        desmondxyz About Contact  Quote this Post!
x 0   x 0  Alert Admin	seems like the offeror not going to raise the offer and for sure they wont have enough acceptance to even turn the deal unconditional, hence eventually this offer likely to lapse. In this case, is it better for us to sell it in open market now and buy back later?  Neutral_Guy      ( Date: 26-Oct-2022 08:54) Posted: It will not go thru. For sure.
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MambaFinancial89 Veteran	26-Oct-2022 09:36        MambaFinancial89 About Contact  Quote this Post! Style: Fundamental   Yells: "Be greedy when others are fearful. "
x 0   x 0  Alert Admin	Yes, from my understanding.  Aeonfcuks      ( Date: 26-Oct-2022 07:38) Posted: Anyone can advise? Aeonfcuks      ( Date: 21-Oct-2022 11:14) Posted: Just to check if I do not act of the form (i.e reject), but ultimately the acquisition goes through. Then what will be the default option? Cash?
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Neutral_Guy Member	26-Oct-2022 08:54        Neutral_Guy About Contact  Quote this Post!
x 1   x 0  Alert Admin	It will not go thru. For sure.
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Aeonfcuks Member	26-Oct-2022 07:38        Aeonfcuks About Contact  Quote this Post!
x 0   x 0  Alert Admin	Anyone can advise? Aeonfcuks      ( Date: 21-Oct-2022 11:14) Posted: Just to check if I do not act of the form (i.e reject), but ultimately the acquisition goes through. Then what will be the default option? Cash?
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MambaFinancial89 Veteran	23-Oct-2022 12:29        MambaFinancial89 About Contact  Quote this Post! Style: Fundamental   Yells: "Be greedy when others are fearful. "
x 0   x 0  Alert Admin	Really hope that SGX would have started to do more given the wave of low-ball offers. But I understand that stricter delisting rules would make the exchange less competitive.  ysh2006      ( Date: 23-Oct-2022 07:53) Posted: Yes, similar to SPH ,and maybe Sembmarine merger case ....The magt well armed with tons of proxy supporters and shares to make it go through ....just 90% only can already... MambaFinancial89      ( Date: 21-Oct-2022 15:51) Posted: Thought the same, but this is a General Offer, the rules for a General Offer are different from the voluntary delisting rules (which as you mention, need to be fair and reasonable). I continue to remain confused about the differences and minority shareholders continue to remain dsadvantaged. Just like the case of TTJ where the offer was both not fair and not reasonable but still went through.
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ysh2006 Supreme	23-Oct-2022 07:53        ysh2006 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Yes, similar to SPH ,and maybe Sembmarine merger case ....The magt well armed with tons of proxy supporters and shares to make it go through ....just 90% only can already... MambaFinancial89      ( Date: 21-Oct-2022 15:51) Posted: Thought the same, but this is a General Offer, the rules for a General Offer are different from the voluntary delisting rules (which as you mention, need to be fair and reasonable). I continue to remain confused about the differences and minority shareholders continue to remain dsadvantaged. Just like the case of TTJ where the offer was both not fair and not reasonable but still went through.    Observers      ( Date: 21-Oct-2022 15:28) Posted: Eh! I thought now cannot say " not fair but reasonable" or " fair but unreasonable" already? SGX got put out circular cannot be bipolar on the advisements to shareholders? Or did I misunderstand SGX stand on this
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MambaFinancial89 Veteran	21-Oct-2022 15:51        MambaFinancial89 About Contact  Quote this Post! Style: Fundamental   Yells: "Be greedy when others are fearful. "
x 0   x 0  Alert Admin	Thought the same, but this is a General Offer, the rules for a General Offer are different from the voluntary delisting rules (which as you mention, need to be fair and reasonable). I continue to remain confused about the differences and minority shareholders continue to remain dsadvantaged. Just like the case of TTJ where the offer was both not fair and not reasonable but still went through.    Observers      ( Date: 21-Oct-2022 15:28) Posted: Eh! I thought now cannot say " not fair but reasonable" or " fair but unreasonable" already? SGX got put out circular cannot be bipolar on the advisements to shareholders? Or did I misunderstand SGX stand on this? Neutral_Guy      ( Date: 19-Oct-2022 10:48) Posted: Even the IFA stated that the Offer(page 67) is "Not fair, but reasonable." So TLW Success, please don't waste our time and your resources for this type of low baller takeover. Spend more time to expand the business. U know how to count, we investors also know how to count too.
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desmondxyz Veteran	21-Oct-2022 15:43        desmondxyz About Contact  Quote this Post!
x 0   x 0  Alert Admin	There are currently > 3 mils shares out there selling at 36.5, I wonder why the offerer don' t scoop it? Are they restricted to do that? I only know they cannot buy above offer price, otherwise have to up the offer price for the rest. But buying lower than offer price should be ok right? Observers      ( Date: 21-Oct-2022 15:28) Posted: Eh! I thought now cannot say " not fair but reasonable" or " fair but unreasonable" already? SGX got put out circular cannot be bipolar on the advisements to shareholders? Or did I misunderstand SGX stand on this? Neutral_Guy      ( Date: 19-Oct-2022 10:48) Posted: Even the IFA stated that the Offer(page 67) is "Not fair, but reasonable." So TLW Success, please don't waste our time and your resources for this type of low baller takeover. Spend more time to expand the business. U know how to count, we investors also know how to count too.
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Observers Elite	21-Oct-2022 15:28        Observers About Contact  Quote this Post!
x 0   x 0  Alert Admin	Eh! I thought now cannot say " not fair but reasonable" or " fair but unreasonable" already? SGX got put out circular cannot be bipolar on the advisements to shareholders? Or did I misunderstand SGX stand on this? Neutral_Guy      ( Date: 19-Oct-2022 10:48) Posted: Even the IFA stated that the Offer(page 67) is "Not fair, but reasonable." So TLW Success, please don't waste our time and your resources for this type of low baller takeover. Spend more time to expand the business. U know how to count, we investors also know how to count too.
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Aeonfcuks Member	21-Oct-2022 11:14        Aeonfcuks About Contact  Quote this Post!
x 0   x 0  Alert Admin	Just to check if I do not act of the form (i.e reject), but ultimately the acquisition goes through. Then what will be the default option? Cash?
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RickyCheng Member	20-Oct-2022 12:55        RickyCheng About Contact  Quote this Post!
x 1   x 0  Alert Admin	Refer to  https://links.sgx.com/1.0.0/corporate-announcements/S66MVPQF9OQWSHKW/a9f7ab62845bf6c26569440c7a2919caabe19c8ff0345fa86a17dd2e596cf2b4 Options forms FAA and FAT -  (DO NOT SUBMIT THIS FAT TO TRICOR BARBINDER SHARE REGISTRATION SERVICES IF YOU DO NOT WISH TO ACCEPT THE OFFER.)   MoneyUnsavvy      ( Date: 19-Oct-2022 14:58) Posted: something noob. if we want to reject, do we need to do anything?
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Neutral_Guy Member	19-Oct-2022 15:25        Neutral_Guy About Contact  Quote this Post!
x 0   x 0  Alert Admin	Just sell the forms to the karanguni(recycling). Some more they super stingy, if we vote Yes, still must use our own stamps. Where got time.   MoneyUnsavvy      ( Date: 19-Oct-2022 14:58) Posted: something noob. if we want to reject, do we need to do anything?
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n3wbie Elite	19-Oct-2022 15:01        n3wbie About Contact  Quote this Post! Style: Fundamental
x 0   x 0  Alert Admin	Vote no! MoneyUnsavvy      ( Date: 19-Oct-2022 14:58) Posted: something noob. if we want to reject, do we need to do anything?
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MoneyUnsavvy Member	19-Oct-2022 14:58        MoneyUnsavvy About Contact  Quote this Post!
x 0   x 0  Alert Admin	something noob. if we want to reject, do we need to do anything?
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Neutral_Guy Member	19-Oct-2022 14:45        Neutral_Guy About Contact  Quote this Post!
x 0   x 0  Alert Admin	Surely low take up. Base on the buying and selling volume so low. I think Maybe less than 60%.
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n3wbie Elite	19-Oct-2022 13:11        n3wbie About Contact  Quote this Post! Style: Fundamental
x 0   x 0  Alert Admin	Depends if they' ve got enough votes to get across the line but doesn' t seem to have much institutional interest to help topple things over like FHT, which would push TLW to raise the offer price. It may just quietly slip through, which feels like thats what they are hoping to achieve anyway.
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