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50% has been satisfied.
May or may not. If < 50% or EGM dispproved, then the exit offer will lapse.
happyharvest ( Date: 07-Sep-2023 20:28) Posted:
so if exit offer is rejected, they will offer higher price ?
Cadence88 ( Date: 07-Sep-2023 10:02) Posted:
| EGM will be on 28Sep. Exit offer letter is out. |
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so if exit offer is rejected, they will offer higher price ?
Cadence88 ( Date: 07-Sep-2023 10:02) Posted:
| EGM will be on 28Sep. Exit offer letter is out. |
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EGM will be on 28Sep. Exit offer letter is out.
if I' m not wrong, if more than 50% of shareholder accept the offer, they will be delist otherwise the company cannot be delisted
NoRiskNoGain ( Date: 04-Jul-2023 00:08) Posted:
Can anyone explain in layman term?
So if I have HWM stocks now, there will be an EGM to confirm the delisting. And if EGM approve they will send the exit letter, which I have to sign and accept the offer -0.048.
happyharvest ( Date: 03-Jul-2023 09:42) Posted:
3.4 Minimum Acceptance Condition
The Exit Offer and the Delisting will be conditional upon the Offeror having received, by the close of the Exit Offer, valid acceptances (which have not been validly withdrawn) in respect of such number of Offer Shares which, when taken together with the Shares owned, controlled or agreed to be acquired by the Offeror Concert Party Group, will result in the Offeror Concert Party Group holding such number of Shares carrying more than 50% of the voting rights attributable to the total Shares outstanding as at the close of Exit Offer (the " Minimum Acceptance Condition" ).
Accordingly, the Exit Offer will not become or be capable of being declared unconditional as to acceptances until the close of the Exit Offer, unless at any time prior to the close of the Exit Offer, the Offeror has received valid acceptances in respect of such number of Offer Shares which, when taken together with the Shares owned, controlled or agreed to be acquired by the Offeror Concert Party Group, will result in the Offeror Concert Party Group holding such number of Shares carrying more than 50% of the voting rights attributable to the total Shares outstanding as at the close of Exit Offer. |
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Sorry for asking a silly question.
if i sell the shares at S$0.048 i will have to pay for the commision and bank charges.
But if i sign the letter i will receive the amount in full, net of any bank charges?
Yes....wait for letter
NoRiskNoGain ( Date: 04-Jul-2023 00:08) Posted:
Can anyone explain in layman term?
So if I have HWM stocks now, there will be an EGM to confirm the delisting. And if EGM approve they will send the exit letter, which I have to sign and accept the offer -0.048.
happyharvest ( Date: 03-Jul-2023 09:42) Posted:
3.4 Minimum Acceptance Condition
The Exit Offer and the Delisting will be conditional upon the Offeror having received, by the close of the Exit Offer, valid acceptances (which have not been validly withdrawn) in respect of such number of Offer Shares which, when taken together with the Shares owned, controlled or agreed to be acquired by the Offeror Concert Party Group, will result in the Offeror Concert Party Group holding such number of Shares carrying more than 50% of the voting rights attributable to the total Shares outstanding as at the close of Exit Offer (the " Minimum Acceptance Condition" ).
Accordingly, the Exit Offer will not become or be capable of being declared unconditional as to acceptances until the close of the Exit Offer, unless at any time prior to the close of the Exit Offer, the Offeror has received valid acceptances in respect of such number of Offer Shares which, when taken together with the Shares owned, controlled or agreed to be acquired by the Offeror Concert Party Group, will result in the Offeror Concert Party Group holding such number of Shares carrying more than 50% of the voting rights attributable to the total Shares outstanding as at the close of Exit Offer. |
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Can anyone explain in layman term?
So if I have HWM stocks now, there will be an EGM to confirm the delisting. And if EGM approve they will send the exit letter, which I have to sign and accept the offer -0.048.
happyharvest ( Date: 03-Jul-2023 09:42) Posted:
3.4 Minimum Acceptance Condition
The Exit Offer and the Delisting will be conditional upon the Offeror having received, by the close of the Exit Offer, valid acceptances (which have not been validly withdrawn) in respect of such number of Offer Shares which, when taken together with the Shares owned, controlled or agreed to be acquired by the Offeror Concert Party Group, will result in the Offeror Concert Party Group holding such number of Shares carrying more than 50% of the voting rights attributable to the total Shares outstanding as at the close of Exit Offer (the " Minimum Acceptance Condition" ).
Accordingly, the Exit Offer will not become or be capable of being declared unconditional as to acceptances until the close of the Exit Offer, unless at any time prior to the close of the Exit Offer, the Offeror has received valid acceptances in respect of such number of Offer Shares which, when taken together with the Shares owned, controlled or agreed to be acquired by the Offeror Concert Party Group, will result in the Offeror Concert Party Group holding such number of Shares carrying more than 50% of the voting rights attributable to the total Shares outstanding as at the close of Exit Offer.
Everyday ( Date: 03-Jul-2023 07:49) Posted:
JOINT ANNOUNCEMENT CONDITIONAL EXIT OFFER FOR THE PROPOSED VOLUNTARY DELISTING OF HEALTHWAY MEDICAL CORPORATION LIMITED
For each Offer Share: S$0.048 in cash (the " Exit Offer Price" ).
https://links.sgx.com/1.0.0/corporate-announcements/PF0BWTHJB75PJX44/f1a83951c09821bafc9a4b93f5b675d9dbdd136160b8a637accfd14371b1ac74
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if confirmed exit at 0.048, then huat a bit only. if not confirm, back to square one lo
bechaotic ( Date: 03-Jul-2023 11:57) Posted:
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0.045 ct still can load?
SGX seems like a money washing place haha
n3wbie ( Date: 03-Jul-2023 11:02) Posted:
| Congrats to those vested and sad to see another SGX listco going... |
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Congrats to those vested and sad to see another SGX listco going...
Hope everyone huat...!!
Wait for Thomson Medical....potential candidate for good profit....
happyharvest ( Date: 03-Jul-2023 10:04) Posted:
you very zhun !!
mrwise ( Date: 10-Oct-2022 17:00) Posted:
| Highly likely next to delist at $0.048 and above! |
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you very zhun !!
mrwise ( Date: 10-Oct-2022 17:00) Posted:
| Highly likely next to delist at $0.048 and above! |
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Okay.
easywin ( Date: 03-Jul-2023 08:54) Posted:
Than go to OUE Healthcare
shk363 ( Date: 03-Jul-2023 08:51) Posted:
| Missed the boat. Time to look at other health care stocks |
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possible. they have been supressing the shareprice for past 5 years. can check with health stock also have the same behaviour , can start whacking
mrwise ( Date: 03-Jul-2023 09:09) Posted:
Thomson Medical may be next...
easywin ( Date: 03-Jul-2023 08:54) Posted:
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Okay lah, at least anyone who bought within the last 5 years won' t lose money in this exit offer.
Johnsnow ( Date: 03-Jul-2023 08:02) Posted:
| 33 now buy at 48 almost 25 point gains, this is so call good bb unlike many low ball bb |
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3.4 Minimum Acceptance Condition
The Exit Offer and the Delisting will be conditional upon the Offeror having received, by the close of the Exit Offer, valid acceptances (which have not been validly withdrawn) in respect of such number of Offer Shares which, when taken together with the Shares owned, controlled or agreed to be acquired by the Offeror Concert Party Group, will result in the Offeror Concert Party Group holding such number of Shares carrying more than 50% of the voting rights attributable to the total Shares outstanding as at the close of Exit Offer (the " Minimum Acceptance Condition" ).
Accordingly, the Exit Offer will not become or be capable of being declared unconditional as to acceptances until the close of the Exit Offer, unless at any time prior to the close of the Exit Offer, the Offeror has received valid acceptances in respect of such number of Offer Shares which, when taken together with the Shares owned, controlled or agreed to be acquired by the Offeror Concert Party Group, will result in the Offeror Concert Party Group holding such number of Shares carrying more than 50% of the voting rights attributable to the total Shares outstanding as at the close of Exit Offer.
Everyday ( Date: 03-Jul-2023 07:49) Posted:
JOINT ANNOUNCEMENT CONDITIONAL EXIT OFFER FOR THE PROPOSED VOLUNTARY DELISTING OF HEALTHWAY MEDICAL CORPORATION LIMITED
For each Offer Share: S$0.048 in cash (the " Exit Offer Price" ).
https://links.sgx.com/1.0.0/corporate-announcements/PF0BWTHJB75PJX44/f1a83951c09821bafc9a4b93f5b675d9dbdd136160b8a637accfd14371b1ac74
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WTH! SGX no more gp clinics listed? One by one, all got makan by insiders? How can liddat one? SGX/SIAS nothing to say? My last one also want to take.
Thomson Medical may be next...
easywin ( Date: 03-Jul-2023 08:54) Posted:
Than go to OUE Healthcare
shk363 ( Date: 03-Jul-2023 08:51) Posted:
| Missed the boat. Time to look at other health care stocks |
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