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AGM 26 JULY THIS WEEK...
married deal 16...
such a joke for Asiatic director to sue an individual...
Edge S' pore is reaching out to Asiatic' s directors n other major shareholders for comment.
According to coy' s recent report, Bobby Lim, a non-exe, non-independent director @Tai Sin, owns largest stake, 14% in Asiatic. His son Bernard, Tai Sin' s CEO, owns 9.8%.
Think it b' cos of the call for EGM by 2nd largest shr holder. The share bought by Tan have increased, which give them more voting power. Overall think it is to keep their share intact, so the largest block of share will continue to keep their job. (Think so).
As for the price purchased, it is off-mkt deal. there is no law breaking SGX rules. (they can have higher or lower px dealing, based on mkt last traded price). Whoever BBs (SSH) wanted to take control of Asiatic Holding seriously, will have to accumilate have to take control, an EG: A 50.5% will been enough for either vested parties to do so.
So there will be some form of trading activities (buy/sell), married deal or off-mkt deal.
According to coy' s recent report, Bobby Lim, a non-exe, non-independent director @Tai Sin, owns largest stake, 14% in Asiatic. His son Bernard, Tai Sin' s CEO, owns 9.8%.
Think it b' cos of the call for EGM by 2nd largest shr holder. The share bought by Tan have increased, which give them more voting power. Overall think it is to keep their share intact, so the largest block of share will continue to keep their job. (Think so).
As for the price purchased, it is off-mkt deal. there is no law breaking SGX rules. (they can have higher or lower px dealing, based on mkt last traded price). Whoever BBs (SSH) wanted to take control of Asiatic Holding seriously, will have to accumilate have to take control, an EG: A 50.5% will been enough for either vested parties to do so.
So there will be some form of trading activities (buy/sell), married deal or off-mkt deal.
teeth53 ( Date: 15-Jul-2018 14:57) Posted:
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Should report to CAD , MAS and regulators, CC to PMO .
ACTIVIST_SPEAKS ( Date: 15-Jul-2018 16:17) Posted:
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Asiatic' s 2nd-largest shareholder calls for EGM to replace board
Brian Chang, 2nd-largest shareholder of Asiatic Group Holdings, has sent a letter to the coy calling for an extraordinary general meeting to replace the board, The Edge Singapore has learnt.
Chang, an oil and gas magnate, owns 13.3% of Asiatic via Brian Chang Holdings.
Speaking to The Edge Singapore over the phone, Chang confirms: " I have sent the letter, yes."
teeth53 ( Date: 15-Jul-2018 12:27) Posted:
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SGX News - The same date Latest date of notification 11 Jul 2018.
Director. Tan Boon Yew bot up 9,500,000 in off-mkt [email protected], (value@$152,000) from 4.56% to 5.27%
Director. Tan Boon Yew bot up 9,500,000 in off-mkt [email protected], (value@$152,000) from 4.56% to 5.27%
SGX News - Latest date of notification 11 Jul 2018.
SSH - Lim Boon Hock Bernard sold down 50,000,000 mil shr (Value@$800,000) from (off-mkt transaction), from 9.82% to 6.04% or left 80,000,000 mil shr.
SSH - Lim Boon Hock Bernard sold down 50,000,000 mil shr (Value@$800,000) from (off-mkt transaction), from 9.82% to 6.04% or left 80,000,000 mil shr.
Can' t get to link up........?. The last link is to June 8th, 2018.
http://www.theedgemarkets.com/article/asiatic-defends-power-plant-investments-face-shareholders-criticisms
http://www.theedgemarkets.com/article/asiatic-defends-power-plant-investments-face-shareholders-criticisms
johnng ( Date: 13-Jul-2018 14:34) Posted:
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interview ?
Bobby Lim want sell his shares@3cents(t.edge 13JULY 2018