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You don't have this share lah...where got you never receive...they send two times one extension and one tell you they complusory get your share loh...the color of those form are pink color...
shalombless ( Date: 11-May-2017 13:28) Posted:
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Thanks very much Kperry for your generous help to email Super Group for clarification. As what the GO announcement documents have stated before, there will be compulsory acquisition of remaining shares of Super Group as JDE has already acquired more than 90% of the issued outstanding shares. So for those who have not tendered in their shares will face the compulsory acquisition of their shares and the amount of money credited to them soon by next two weeks.
kperry ( Date: 11-May-2017 17:27) Posted:
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Hi All,
I have email to directly to Super and got their reply below.
Thanks for reaching out. As we are already in the process of compulsory acquisition and the shares tender closure date was 25 April, the period of time for you to act has expired. In this case, your shares will be acquired and funds credited to your registered account with CDP. This should happen before 6 June 2017.
You might want to clarify your concerne to below mail.
Candy Chng < [email protected]>
If it is a genuine case of you not receiving the general offer (GO) form, then maybe you may still clarify to them on this account. However, Super Group in its announcement has already made clear that should any shareholders not received the GO form, you could download from online and print it out to fill in and mail back. So, it is still our responsibility to make sure we submit our form. Well, you can give it a try to ask them how to settle your remaining shares of Super Group and see if there are any good recourse.
jeremyow ( Date: 11-May-2017 15:14) Posted:
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Hi Shalombless, you can check your CDP latest statement to see if you still hold Super Group shares. If you still hold Super Group shares now that it is already suspended from trading due to free public float lesser than 10%, then you could check with Super Group' s investor relations department to see whether you can still tender your remaining shares in this case off market to JDE, their acquirer.
Hopefully you can still tender your Super Group shares to JDE if you still hold the shares through a private settlement. However, I am not sure if there are any extra steps (inconveniences) on your part to take or extra costs if you can still tender your shares to JDE through off market private settlement. Best is to tender your shares before the deadline even if it means suffering a loss. It is still better than holding on to the shares and now it is very inconvenient (if not impossible) and maybe with added cost if you decide to sell and exit your holdings in Super Group now that it is suspended from trading.
shalombless ( Date: 11-May-2017 13:28) Posted:
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Did not receive or submit any form, will they still pay me my shares?
TRADING SUSPENDED~
Monies in yesterday,exactly 1 week.
Taigong,those who do not submit will take longer.
Gd luck.
Update: I' ve got the money back
Goodbye Super
Moving on to next potential takeover....
These are for those who probably bought recently and in contra term.While other could be holding the physical scrips.which they can actually submitted via share registrar. to save brokerage fees.
MichaelSchenker ( Date: 20-Apr-2017 15:44) Posted:
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I thought I read, but maybe I interpret wrongly, it was mentioned after 7 days of " approval" , not sure what it means by approval. And I did check with a Friend who submitted much earlier and he told me he got the money back into his a/c.
Anyway not to worry, now I know I' m not alone.
ysh2006 ( Date: 20-Apr-2017 15:48) Posted:
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Over 90% accepted...they will send you check after 25 Apr lah...don't need do anything...
MichaelSchenker ( Date: 20-Apr-2017 15:44) Posted:
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I noticed on the envelope and green form, they mentioned the closing date is 11th April 1730hr. But anyway I Guess they might have extended.
But I still see Super shares being traded in the market, shouldn' t it be suspended?
Octavia ( Date: 20-Apr-2017 14:55) Posted:
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V gd px on corporate offer.
Octavia ( Date: 20-Apr-2017 14:55) Posted:
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I submitted the green form on 15 Apr17.Closing date is 25 Apr17.
I guess the 90% already attained by then and an announcement was made on 17 Apr17. Complusory deduction from CDP acc take place irregardless whtr you submitted the form or not.
MichaelSchenker ( Date: 20-Apr-2017 14:14) Posted:
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Same here. No money yet. I submitted on the 11th which I suspect could have already breached the closing date. But all Super shares already deducted.
I suspect that is to prevent us from selling in the market after we pledge our shares for takeover.
Octavia ( Date: 20-Apr-2017 11:29) Posted:
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Knn...Shares deducted from CDP,yet to receive the monies leh.
Yes, based on this morning's SGX announcement, trading of Super Group's shares will be suspended as public float is now less than required 10%.
MichaelSchenker ( Date: 18-Apr-2017 17:11) Posted:
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I thought they are going to suspend this counter after this morning' s announcement.
Anyway, I checked my cdp, they have already taken all my Super shares even though I submitted the form late. But money still not in yet.
The&lrm Offeror&rsquo s&lrm Financial&lrm Adviser wishes to announce, for and on behalf of the Offeror, that the Offeror does not intend to revise the Offer Price. Therefore, in accordance with Rule 20.2 of the Code, the Offeror will not be allowed to subsequently amend the Offer Price.
Offeror kan cheong liao.If cannot meet 90%,Super cannot be delisted.
Deadline 25Apr17,maybe extended if the above condition is not met.