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Quite tough, oxley and perrenial are fighting
mrwise ( Date: 02-Oct-2018 22:43) Posted:
Don' t despair...next one likely on the queue to delist is United Engineer...
watch... |
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Next one?  ..... SGX better delist itself first.  Shd Get Xed ...
mrwise ( Date: 02-Oct-2018 22:43) Posted:
Don' t despair...next one likely on the queue to delist is United Engineer...
watch... |
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SGX will be well known as a delisting stock exchange. 
mrwise ( Date: 02-Oct-2018 22:43) Posted:
Don' t despair...next one likely on the queue to delist is United Engineer...
watch... |
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Now that the counter is suspended as the free float is below 10%, I guess the next outcome will be delisting.Will our shares be automatically acquired at $2.10 or can we hold on as private shareholders?
No more Star attraction. Another game over for small investors!  Sad....
Don' t despair...next one likely on the queue to delist is United Engineer...
watch...
This forum is officially closed. Thanks for every contributors here sharing ideas, joy and sadness.
The offeror, Star Attraction, is successfully gets 90.1% as at 2 Oct 18 with no revision of offer price $2.10, while NAV stood at $2.60 as at 30 Jun 18.
Life moves on, hunting for the next Potential Privatisation Candidate(s)!
Those of us who never tender what to do now?
please advise senior sifus, thank you
遗 臭 万 年 !
Qanghoo ( Date: 02-Oct-2018 21:25) Posted:
Done N dusted.  90.1% accepted.
Qanghoo ( Date: 02-Oct-2018 20:48) Posted:
| I just checked SGX, but like no announcement yet leh |
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Done N dusted.  90.1% accepted.
Qanghoo ( Date: 02-Oct-2018 20:48) Posted:
I just checked SGX, but like no announcement yet leh ?
AttasBoss ( Date: 02-Oct-2018 20:19) Posted:
| Offer fail! Tomorrow continue buying! |
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I just checked SGX, but like no announcement yet leh ?
AttasBoss ( Date: 02-Oct-2018 20:19) Posted:
| Offer fail! Tomorrow continue buying! |
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Offer fail! Tomorrow continue buying!
Acquirer now has 88.2 %. If it crossed 90% compulsory acquisition and delisting will proceed.
Precisely, we already seen through their cheapo tactic yet so many still choose to sell to them at $2.10!
Really dunno what to say.
tonylim ( Date: 02-Oct-2018 15:54) Posted:
The problem with minority shareholders is that they panic under bullying tactics and pressure from the big boys with power and might.  So dont' lament when we get what we deserve.
pkli899 ( Date: 02-Oct-2018 14:48) Posted:
But today plenty sold at $2.10. Mostly sold to them I think.
As at yesterday closed, they are less than 2% away from complusory acquisition |
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The problem with minority shareholders is that they panic under bullying tactics and pressure from the big boys with power and might.  So dont' lament when we get what we deserve.
pkli899 ( Date: 02-Oct-2018 14:48) Posted:
But today plenty sold at $2.10. Mostly sold to them I think.
As at yesterday closed, they are less than 2% away from complusory acquisition.
Jamesbond007 ( Date: 02-Oct-2018 10:54) Posted:
| Don' t sell to cheapo. Nothing to lose in the longer term. Maybe, big plans coming up soon. |
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But today plenty sold at $2.10. Mostly sold to them I think.
As at yesterday closed, they are less than 2% away from complusory acquisition.
Jamesbond007 ( Date: 02-Oct-2018 10:54) Posted:
| Don' t sell to cheapo. Nothing to lose in the longer term. Maybe, big plans coming up soon. |
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Don' t sell to cheapo. Nothing to lose in the longer term. Maybe, big plans coming up soon.
If hold shareholdering crossing 90% also no use being force buy back from Wheellock,if by 5.30pm cannot get 90%, offer closed, shareholder shares rejected (That was said in newspaper advertisement) share price drop back to $1.6x level how?....best choice up to shareholders to choose lah....
tonylim ( Date: 02-Oct-2018 10:29) Posted:
Be bold and hold on to your shares.  Nothing to lose.  Good dividen at 6 cents.
AttasBoss ( Date: 02-Oct-2018 07:51) Posted:
Wheelock hokders pls hold in ur shares for the last day. Do not make it as a benchmark for other privatisation practise.
Wait the offeror come back with higher offer price! |
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Be bold and hold on to your shares.  Nothing to lose.  Good dividen at 6 cents.
AttasBoss ( Date: 02-Oct-2018 07:51) Posted:
Wheelock hokders pls hold in ur shares for the last day. Do not make it as a benchmark for other privatisation practise.
Wait the offeror come back with higher offer price! |
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Wheelock hokders pls hold in ur shares for the last day. Do not make it as a benchmark for other privatisation practise.
Wait the offeror come back with higher offer price!