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HVRRVH Elite	18-Mar-2023 00:31        HVRRVH About Contact  Quote this Post!
x 0   x 0  Alert Admin	oday' s acquisition from SGX market is 0.08% for 260,100 shares. A decimal point different. They have other acceptance via acceptance form that incur no trading fee etc. Now it' s over 90%, SIAS said they can' t delist. no scare. Let' s see what they ' advise' next since the counter can now be suspended due to lost of free float.  lifeisgood      ( Date: 17-Mar-2023 20:46) Posted: Did I make a mistake? Lets see what' s the final tally is tonight. HVRRVH      ( Date: 17-Mar-2023 16:20) Posted: Done deal is done deal but 200000 shares is about 0.04% and not 0.4
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lifeisgood Supreme	17-Mar-2023 23:33        lifeisgood About Contact  Quote this Post!
x 0   x 0  Alert Admin	Exceeded 90% liao ! 4. RESULTANT SHAREHOLDING  Accordingly, based on information available to the Offeror, as at 6:00pm (Singapore time) on 17 March 2023, the total number of (a) Shares owned, controlled or agreed to be acquired by the Offeror and the Offeror&rsquo s Concert Parties and (b) valid acceptances of the Offer, amount to an aggregate of 284,081,151 Shares, representing approximately 90.69% of the total number of Shares. lifeisgood      ( Date: 17-Mar-2023 20:46) Posted: Did I make a mistake? Lets see what' s the final tally is tonight. HVRRVH      ( Date: 17-Mar-2023 16:20) Posted: Done deal is done deal but 200000 shares is about 0.04% and not 0.4
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lifeisgood Supreme	17-Mar-2023 20:46        lifeisgood About Contact  Quote this Post!
x 0   x 0  Alert Admin	Did I make a mistake? Lets see what' s the final tally is tonight. HVRRVH      ( Date: 17-Mar-2023 16:20) Posted: Done deal is done deal but 200000 shares is about 0.04% and not 0.4% lifeisgood      ( Date: 17-Mar-2023 14:18) Posted: Today BSL accumulated 200,000, equivalent to 0.4% shares of BP. It needed only 0.27% to cross the 90% mark. So is a done deal already. Expect BP to be delisted
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HVRRVH Elite	17-Mar-2023 16:24        HVRRVH About Contact  Quote this Post!
x 0   x 0  Alert Admin	They may cross the 90% by today after taking into account those submitted the acceptance form. HVRRVH      ( Date: 17-Mar-2023 16:20) Posted: Done deal is done deal but 200000 shares is about 0.04% and not 0.4% lifeisgood      ( Date: 17-Mar-2023 14:18) Posted: Today BSL accumulated 200,000, equivalent to 0.4% shares of BP. It needed only 0.27% to cross the 90% mark. So is a done deal already. Expect BP to be delisted
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HVRRVH Elite	17-Mar-2023 16:20        HVRRVH About Contact  Quote this Post!
x 0   x 0  Alert Admin	Done deal is done deal but 200000 shares is about 0.04% and not 0.4% lifeisgood      ( Date: 17-Mar-2023 14:18) Posted: Today BSL accumulated 200,000, equivalent to 0.4% shares of BP. It needed only 0.27% to cross the 90% mark. So is a done deal already. Expect BP to be delisted
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lifeisgood Supreme	17-Mar-2023 15:05        lifeisgood About Contact  Quote this Post!
x 0   x 0  Alert Admin	Perhaps there is another deal involving BSL, right after the BP privatisation ended successfully.
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lifeisgood Supreme	17-Mar-2023 14:29        lifeisgood About Contact  Quote this Post!
x 0   x 0  Alert Admin	I have been nibbling on Boustead these few days. Seems like CLSA is pressing down.
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lifeisgood Supreme	17-Mar-2023 14:18        lifeisgood About Contact  Quote this Post!
x 0   x 0  Alert Admin	Today BSL accumulated 200,000, equivalent to 0.4% shares of BP. It needed only 0.27% to cross the 90% mark. So is a done deal already. Expect BP to be delisted
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lifeisgood Supreme	17-Mar-2023 09:33        lifeisgood About Contact  Quote this Post!
x 0   x 0  Alert Admin	Another 192,000 shares sold at 95 cents this morning. Think the 90% already achieved. Will get delisted . So those who are still holding on will become private shareholders.
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ysh2006 Supreme	17-Mar-2023 09:27        ysh2006 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Only left 0.27% why company don' t exercise compulsory force buy the rest and delist from market ? or they know the last 10% cannot get and don' t want to buy from them....?
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ysh2006 Supreme	17-Mar-2023 05:07        ysh2006 About Contact  Quote this Post!
x 0   x 0  Alert Admin	If shareholders think also not fair than form your own private group ,united together wait for few years maybe company may buy out quietly from remaining SH at a better price.( I think only )
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HVRRVH Elite	16-Mar-2023 21:39        HVRRVH About Contact  Quote this Post!
x 0   x 0  Alert Admin	89.73% as of today and SIAS advice was ' no worries, they cannot delist since IFA said offer was unfair...' . Ya, but lost of free float and can be suspended and the company already said the offeror will not sell down to meet the free float and the offeror will not support any mandate required to issue new shares. And no free float eventually SGX will ask them to be delisted anyway.
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HVRRVH Elite	16-Mar-2023 16:08        HVRRVH About Contact  Quote this Post!
x 0   x 0  Alert Admin	Confirm will succeed with crossing 90%. 2 significant events after the privatisation news. 1st, revised offer to 95 cents. 2nd, respond to SGX querie yesterday. For the 1st event, the market price dropped from $1 to 95 cents and in the process, the offeror collected significant amount of shares. For the 2nd event, they basically maintain their position and emphasis that those not taking up the offer would have their shares stuck in either case of suspension due to lost of free float or in a private company if cross 90% and delisted and we see heavy selling today at 95 cents.
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HVRRVH Elite	16-Mar-2023 11:12        HVRRVH About Contact  Quote this Post!
x 0   x 0  Alert Admin	That' s why except only a handful of bluechips and some growth stocks, SGX is really a place that if you want to invest, maybe reits is the preferred choice. Hopefully Boustead will spin off a reit listing soon enough with those properties in BIF when the time is right. Speaking of which, don' t know why today many reits counters are seeing price up instead of down with the ' bank crisis' .  lifeisgood      ( Date: 16-Mar-2023 11:04) Posted: Company basically said bo chap. SGX attitude towards our local stocks also bo chap. Just focus on derivatives enough already. Singapore does not need a healthy stock market.  HVRRVH      ( Date: 16-Mar-2023 10:41) Posted: With the SGX queries and the response by the company, can tell that they are adopting the attitude of take it or lreave it. If below free float, they are not going to do anything. It will be suspended for god knows how long. If cross 90%, definitely delist and those who dont' sell will get stuck. Not worth it. For a start our intention is never to invest in a private company that' s why we buy public listed companies' shares. So why risk holding shares in a private company now? If there is a chance, the price will not came down from $1 to 95 cents right after the company made the revised offer to 95 cents.
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HVRRVH Elite	16-Mar-2023 11:07        HVRRVH About Contact  Quote this Post!
x 0   x 0  Alert Admin	Can' t really blame Boustead. They tried to create more value by spliting Boustead into Boustead Singapore and Boustead Projects. However, even with high NAV, BP have been trading well below it, they have perhaps traded only with meaningful value during the time when they sold their portfolio of properties to BIF. After that, the market didn' t value it with the value its deserve. Then, when the acquisition news broke, the like of SIAS said not fair, offer well below NAV etc. Come on, when the price has been trading below NAV, where are you? What have SIAS done to make it trading around NAV? Not only BP, so many companies suffering the same fate. So it is any wonder why these companies' owners wanted to take them private? Of coruse, they can keep the profits to themselves and save on listing fee. Can SIAS engage SGX to think of a way that listed companies in SGX will at least see trading around their respective NAVs? What' s the point of whenever there is a delisting offer, make noise that the offers are below NAV? In the first place, for years before whatever the offers, the trading prices have been well below NAVs, that' s the very reason the owners wanted to privatise those companies.
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lifeisgood Supreme	16-Mar-2023 11:04        lifeisgood About Contact  Quote this Post!
x 0   x 0  Alert Admin	Company basically said bo chap. SGX attitude towards our local stocks also bo chap. Just focus on derivatives enough already. Singapore does not need a healthy stock market.  HVRRVH      ( Date: 16-Mar-2023 10:41) Posted: With the SGX queries and the response by the company, can tell that they are adopting the attitude of take it or lreave it. If below free float, they are not going to do anything. It will be suspended for god knows how long. If cross 90%, definitely delist and those who dont' sell will get stuck. Not worth it. For a start our intention is never to invest in a private company that' s why we buy public listed companies' shares. So why risk holding shares in a private company now? If there is a chance, the price will not came down from $1 to 95 cents right after the company made the revised offer to 95 cents.  lifeisgood      ( Date: 16-Mar-2023 10:30) Posted: This morning another 1.364 million shares sold at 95 cents. Think the fight is over for BP shareholder
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moonsun Veteran	16-Mar-2023 10:54        moonsun About Contact  Quote this Post!
x 0   x 0  Alert Admin	Seems SGX or regulator is powerless .. That just add on to risks of investing here. Retail investors are always at the losing end with regulators powerless and incapable. Who would even dare to ?invest? ? Think better put our hard earn savings in risk free FD .. Dyodd
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HVRRVH Elite	16-Mar-2023 10:41        HVRRVH About Contact  Quote this Post!
x 0   x 0  Alert Admin	With the SGX queries and the response by the company, can tell that they are adopting the attitude of take it or lreave it. If below free float, they are not going to do anything. It will be suspended for god knows how long. If cross 90%, definitely delist and those who dont' sell will get stuck. Not worth it. For a start our intention is never to invest in a private company that' s why we buy public listed companies' shares. So why risk holding shares in a private company now? If there is a chance, the price will not came down from $1 to 95 cents right after the company made the revised offer to 95 cents.  lifeisgood      ( Date: 16-Mar-2023 10:30) Posted: This morning another 1.364 million shares sold at 95 cents. Think the fight is over for BP shareholders HVRRVH      ( Date: 16-Mar-2023 10:16) Posted: Look like it is going to cross 90% anyway. With current market weakness, there are many good value counters to pick up and really no point hanging on to BP and hope for higher offer price. It is not going to happen. Might as well free the capital soonest and buy other counters now.
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lifeisgood Supreme	16-Mar-2023 10:39        lifeisgood About Contact  Quote this Post!
x 0   x 0  Alert Admin	I think already just crossed 90%. So BP may ask for suspension soon since the free float is now below 10%
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lifeisgood Supreme	16-Mar-2023 10:30        lifeisgood About Contact  Quote this Post!
x 0   x 0  Alert Admin	This morning another 1.364 million shares sold at 95 cents. Think the fight is over for BP shareholders HVRRVH      ( Date: 16-Mar-2023 10:16) Posted: Look like it is going to cross 90% anyway. With current market weakness, there are many good value counters to pick up and really no point hanging on to BP and hope for higher offer price. It is not going to happen. Might as well free the capital soonest and buy other counters now.
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