Latest Forum Topics / Dyna-Mac |
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Dyna mac
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ysh2006
Supreme |
28-Nov-2024 07:40
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Yes UOB paid already yours if surrendered should be in also....
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bernardc
Elite |
27-Nov-2024 21:45
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Your CHQ in the mail
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ysh2006
Supreme |
23-Nov-2024 11:35
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Sell shares got pay commission and Sgx clearance fees take over don't have lah
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ysh2006
Supreme |
23-Nov-2024 09:37
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It was announced on 20 Nov lah payment by 7 days so if by 27 don't have than can kpkb lah.. | ||||
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mopiko
Member |
23-Nov-2024 09:16
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Wah thanks for the answer bro
I overseas working come back then saw that it got demister. Panic mood started... lol... Cause I didn't opt for the offer thingy.. But this one is the Koreans will buy back the shares from you even if u didn't opt right? Pai seh ah really noob here
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ysh2006
Supreme |
22-Nov-2024 19:30
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No way Sgx empower them to force buy from you lah.. Game over already .
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mopiko
Member |
22-Nov-2024 19:03
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Anyone knows what happens if you didn't accept the offer? | ||||
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ysh2006
Supreme |
19-Nov-2024 05:42
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Yes they announced offer close on 20 Nov : money will be paid 7 days after close...Acceptance level 86%.
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stlimst
Veteran |
18-Nov-2024 10:37
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HW/UOB has announced during the start of the offer that they have prepared sufficient fund to pay for shares acceptance. So no reason not to pay shareholders who have accepted the offer quickly.
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MrBear12
Supreme |
17-Nov-2024 18:55
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There is no announcement yet on the exact date of payment. But I don' t see why for those who accepted, we should not be paid NOW! But given time is needed to prepare the monies, I should say within a few business days. |
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sweet639
Veteran |
17-Nov-2024 17:29
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Anyone know when we  can receive our money for acceptance of offer.
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Joelton
Supreme |
16-Nov-2024 13:45
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Hanwha&rsquo s voluntary conditional cash offer for Dyna-Mac turns unconditional in all respects
This comes after the Competition and Consumer Commission of Singapore gives go ahead
 
THE voluntary conditional cash offer made by Hanwha Ocean SG Holdings to acquire all the shares of Dyna-Mac has been declared unconditional in all respects, following the satisfaction of the merger control condition.
 
In a bourse filing on Friday (Nov 15), UOB, for and on behalf of Hanwha, said that the offeror received a letter from the Competition and Consumer Commission of Singapore (CCCS) with the competition regulator&rsquo s assessment that the offerer&rsquo s proposed acquisition of Dyna-Mac would not infringe Section 54 of the Competition Act, if carried into effect.
 
The offer had previously turned unconditional on Nov 5 as to acceptances.
 
Hanwha, part of South Korea&rsquo s Hanwha Ocean, had then received valid acceptances for more than 554 million shares for its offer at S$0.67 per Dyna-Mac share, representing about 44.45 per cent of the total number of issued shares in the company.
 
But the offer remained subject to the satisfaction of the merger control condition, which refers to the offer being conditional upon the competition regulator having issued a favourable decision, in terms satisfactory to the offeror, during its preliminary assessment.
 
This would be in accordance with CCCS guidelines on merger procedures that the proposed acquisition of the company by the offeror will not infringe the provisions under Section 54 of the Competition Act 2004 of Singapore.
 
As at 6 pm on Friday, the offeror and its concert parties owned, controlled or have agreed to acquire &ndash including by way of valid acceptances of the offer &ndash an aggregate of 1,055,330,396 Dyna-Mac shares. This represents approximately 84.67 per cent of the total number of issued shares in the company.
 
The offer will remain open for acceptance until 5.30 pm on Nov 20.
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bernardc
Elite |
16-Nov-2024 12:33
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Cccs okay the tramssaction..
The next question
..is DM Still good investmen?
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Jimeagle
Member |
16-Nov-2024 09:03
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Read this thread carefully.. referring to his earlier comment about Seatrium..... 
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ysh2006
Supreme |
16-Nov-2024 05:42
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Now they declared everything no condition usually they will pay us 6 days after receive our surrendered shares ?
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jlinus
Senior |
16-Nov-2024 00:38
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You meant the best is yet to be!!!
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MrBear12
Supreme |
15-Nov-2024 23:19
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Your vision needs correction. Pls go see an optometrist.
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Jimeagle
Member |
15-Nov-2024 22:46
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Seems more like the worst is yet to be 
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MrBear12
Supreme |
09-Nov-2024 07:40
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Best profit return to HW
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Winsmallsmall
Member |
08-Nov-2024 23:15
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yes. they submitted on 03 oct 24.  the public consultation has now moved from active to closed on 04 nov 24, however there is no decision published as yet. from ecords of other past cases, it can take 2-3 months from submission date. once they clear this condition, then the offer is unconditionall in all aspects. from that date onwards = WITHIN 7 BIZ DAYS now can only q 67c/ or 66.5c to sell if u want to get money back earlier.
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