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Happy Lunar New Year to everyone here.. May Niu year brings good health not forgetting HUAT all the way to the banks..😁
What is Sg Inc good for when people are buying stocks to tikam for delisting rather than for investment n growth prospects. In other words, are we (including the research houses) not ' tikaming' for the bourse' s gradual demise? SG200 striving for global excellence the next 200 yrs in the best possible manner !!!!!!
But UOB think otherwise said won't pte....they had analysing it will not...tell us better go for other potential stocks...
Timer78 ( Date: 13-Jan-2019 21:12) Posted:
I think Hi P is next. DYODD.
tcshares ( Date: 12-Jan-2019 05:51) Posted:
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I think Hi P is next. DYODD.
tcshares ( Date: 12-Jan-2019 05:51) Posted:
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How much do you think they will come out ? 18c
tcshares ( Date: 12-Jan-2019 05:51) Posted:
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i guess FUYU is next?
Scheme of arrangement comes with many conditions. As each condition is filled, the price will move closer to $1.33. The whole process will take about 3 months at least.
gdikakabong ( Date: 07-Jan-2019 09:17) Posted:
| why is market trading only at 1.29 instead of 1.33? Thought usually if have offer the market trading price sometimes will match or higher a bit ? like M1 recently |
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why is market trading only at 1.29 instead of 1.33? Thought usually if have offer the market trading price sometimes will match or higher a bit ? like M1 recently
can still get dividend in feb??
Hi P still got people interested to buy their business ?...no news leh..
Sgvale ( Date: 05-Jan-2019 10:24) Posted:
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I will take. If not waiting for this announcement, you think still can fetch at $1.33 with all its manufacturing peers plunging
ysh2006 ( Date: 05-Jan-2019 09:28) Posted:
| At $1.33 do we think still fair....? Nav maybe higher than this price.. |
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At $1.33 do we think still fair....? Nav maybe higher than this price..
Wow even 8c higher than my insider info !!! Someone missed it.
CraigFoo ( Date: 04-Jan-2019 10:06) Posted:
Wah, you sure anot? news not out, you know its a takeover at 1.25? Can this be called insider trading?
Sgvale ( Date: 04-Jan-2019 09:07) Posted:
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If the offer px id 60% above the last 12 mths' avg px, n px had risen to 1.13 ahead of announcement means info alr leaked well ahead?
katak88 ( Date: 04-Jan-2019 23:53) Posted:
Platinum Equity Advisors makes S$1.33 per share cash offer for PCI
FRI, JAN 04, 2019 - 10:55 PM
AMERICAN private equity firm Platinum Equity Advisors has offered to acquire all the shares of mainboard-listed PCI by way of a scheme of arrangement, at a cash offer of S$1.33 per share.
The price represents a premium of 60.1 per cent over the volume-weighted average price of PCI shares for the 12-month period up to and including Sept 17, 2018, that being the last full trading day preceding the date the company gave notice of a possible transaction.
PCI is a subsidiary of Chuan Hup Holdings, which owns a 76.7 per cent stake in PCI.
Chuan Hup has given irrevocable undertakings to the offeror to vote in favour of the scheme at a scheme meeting to be held in due course. Chuan Hup has also agreed to reject any competing offers.
PCI chief executive Teo Eng Lin and other key executives have also agreed to remain in the employment of the offeror group for a period of no less than two years.
Platinum Equity Advisors said the acquisition represents an opportunity for it to invest in a differentiated electronic manufacturing services company that has been successful in servicing an attractive, growing portfolio of customers across industrial, automotive logistics, commercial, consumer and lifestyle, and medical end-markets.
Platinum Equity Advisors said it presently has no intention to introduce any major changes to the business of PCI. It plans to delist the company from the Singapore Exchange.
DBS Bank is the financial adviser to the offeror.
Chuan Hup and PCI have requested for their trading halt to be lifted from Monday. Chuan Hup shares last changed hands at S$0.295. PCI shares last traded at S$1.13.
https://www.businesstimes.com.sg/companies-markets/platinum-equity-advisors-makes-s133-per-share-cash-offer-for-pci |
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Platinum Equity Advisors makes S$1.33 per share cash offer for PCI
FRI, JAN 04, 2019 - 10:55 PM
AMERICAN private equity firm Platinum Equity Advisors has offered to acquire all the shares of mainboard-listed PCI by way of a scheme of arrangement, at a cash offer of S$1.33 per share.
The price represents a premium of 60.1 per cent over the volume-weighted average price of PCI shares for the 12-month period up to and including Sept 17, 2018, that being the last full trading day preceding the date the company gave notice of a possible transaction.
PCI is a subsidiary of Chuan Hup Holdings, which owns a 76.7 per cent stake in PCI.
Chuan Hup has given irrevocable undertakings to the offeror to vote in favour of the scheme at a scheme meeting to be held in due course. Chuan Hup has also agreed to reject any competing offers.
PCI chief executive Teo Eng Lin and other key executives have also agreed to remain in the employment of the offeror group for a period of no less than two years.
Platinum Equity Advisors said the acquisition represents an opportunity for it to invest in a differentiated electronic manufacturing services company that has been successful in servicing an attractive, growing portfolio of customers across industrial, automotive logistics, commercial, consumer and lifestyle, and medical end-markets.
Platinum Equity Advisors said it presently has no intention to introduce any major changes to the business of PCI. It plans to delist the company from the Singapore Exchange.
DBS Bank is the financial adviser to the offeror.
Chuan Hup and PCI have requested for their trading halt to be lifted from Monday. Chuan Hup shares last changed hands at S$0.295. PCI shares last traded at S$1.13.
https://www.businesstimes.com.sg/companies-markets/platinum-equity-advisors-makes-s133-per-share-cash-offer-for-pci
Why no much response from shareholders ?...You feel price low ?
ysh2006 ( Date: 04-Jan-2019 20:45) Posted:
PCI announced take over by a company i based in Cayman island at $1.33 per share.
ysh2006 ( Date: 04-Jan-2019 11:03) Posted:
| Hope you are correct!!...PCI price very stable recently while many tech stock came down... |
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PCI announced take over by a company i based in Cayman island at $1.33 per share.
ysh2006 ( Date: 04-Jan-2019 11:03) Posted:
Hope you are correct!!...PCI price very stable recently while many tech stock came down....
Qanghoo ( Date: 04-Jan-2019 10:21) Posted:
| I tend to think cld be close to that. Very likely news already leaked out. Otherwise, why share px keep firming up despite mkt turmoil |
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Hope you are correct!!...PCI price very stable recently while many tech stock came down....
Qanghoo ( Date: 04-Jan-2019 10:21) Posted:
I tend to think cld be close to that. Very likely news already leaked out. Otherwise, why share px keep firming up despite mkt turmoil.
CraigFoo ( Date: 04-Jan-2019 10:06) Posted:
| Wah, you sure anot? news not out, you know its a takeover at 1.25? Can this be called insider trading |
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I tend to think cld be close to that. Very likely news already leaked out. Otherwise, why share px keep firming up despite mkt turmoil.
CraigFoo ( Date: 04-Jan-2019 10:06) Posted:
Wah, you sure anot? news not out, you know its a takeover at 1.25? Can this be called insider trading?
Sgvale ( Date: 04-Jan-2019 09:07) Posted:
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Wah, you sure anot? news not out, you know its a takeover at 1.25? Can this be called insider trading?
Sgvale ( Date: 04-Jan-2019 09:07) Posted:
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