RHT HealthTrust   

Religare H Trust

You meant accept offer and lost 1K?
Or sell in open market now?

Dddoooon      ( Date: 29-Aug-2018 11:45) Posted: Can anyone able help enlighten if should hold or release this stock? release will lost about $1k T_T

 

Can anyone able help enlighten if should hold or release this stock?
release will lost about $1k T_T

 

there' s prob some tiny upside from (1)  prossibly one more DPU distrubution, (2) saving' s of $6m ($9 indemnity that was deducted from the proceeds - $3m cost of insurance)  . 

and pray the INR strengthens... was 45-46 last year... now 50-51 

but, everyone' s too engrossed in Noble and Chang beer to notice!

 

Very much lower in fact! 9.7m performance fee to Management!
Transaction cost only 5+m......and yet mangement being paid higher!
Ridiculous! Vote no!

velcronike      ( Date: 29-Aug-2018 09:11) Posted: circular out. lower than expected

 

circular out. lower than expected

 

Good news !!! IHH will be the majority owner of Fortis Healthcare. 
Malaysia Boleh !!!

 

Hohoho... Finally~ SHAREHOLDERS of India's Fortis Healthcare have approved a subscription of shares by Malaysia's IHH Healthcare, fulfilling a key condition for the acquirer to eventually aim for a majority stake. In a regulatory filing on Wednesday, IHH said that Fortis shareholders approved an increase in the authorised share capital of the company and IHH's subscription of a 31.1 per cent stake in the company's enlarged share capital for about 40 billion rupees (S$789 million) in a preferential allotment. IHH has also agreed to make an open offer to acquire an additional 26 per cent for about 33.5 billion rupees. In total, IHH could spend more than 73.5 billion rupees on the acquisition. WED, AUG 15, 2018 - 12:54 PM UPDATED WED, AUG 15, 2018 - 2:41 PM

MonkeyKingGod      ( Date: 02-May-2018 09:22) Posted: THE OFFERS Munjal-Burman Binding offer Valuation Per Share  Rs 167 & Rs 176    IHH Healthcare Berhad Partly Binding Valuation Per Share:  Rs 175    MHE-TPG Binding Valuation Per Share:  Rs 161    Radiant-KKR Partly Binding Valuation Per Share:  Rs 126

 

Yes and no. Yes in the sense whatever balance of the 5% will be paid out to us.
And according to the CEO, not very much will be used up. So, substantial of the 5% will be returned.
As for dividend, we will be paid up till the conclusion of the deal, not beyond. 
Because essentially, the trust is selling the assets only. After the sales, they may look for new assets to buy,
get reverse takeover or close down entirely. This process may take a year or more depending on circumstances.
If new assets are injected into the trust then it will remain listed and we wouldn' t get back the balance of 5%.
Instead, we will hold the new stocks but likely, we will be required to take up rights issue to fund the purchase.

notredame      ( Date: 31-Jul-2018 14:18) Posted: Thanks for your info. That means if the buyout gets through, each share will be worth 86 cents but shareholders will be paid 81.7 cents (95%) first. The balanced 5% will depend on how much is being used up for trust managing expenses and if there' s remaining, will be returned to shareholders? And meanwhile, shareholders may still get dividends if there' s any? pkli899      ( Date: 31-Jul-2018 11:28) Posted: Attended AGM yesterday. My understanding is distrbution as usual until deal closed. First payout will 86 cents less 5% retained until total close down of trust. This 5% is subject to deduction of expenses incurred by trust manager until total close down

 

Thanks for your info. That means if the buyout gets through, each share will be worth 86 cents but shareholders will be paid 81.7 cents (95%) first. The balanced 5% will depend on how much is being used up for trust managing expenses and if there' s remaining, will be returned to shareholders? And meanwhile, shareholders may still get dividends if there' s any?

pkli899      ( Date: 31-Jul-2018 11:28) Posted: Attended AGM yesterday. My understanding is distrbution as usual until deal closed. First payout will 86 cents less 5% retained until total close down of trust. This 5% is subject to deduction of expenses incurred by trust manager until total close down. MonkeyKingGod      ( Date: 30-Jul-2018 17:00) Posted: share after fees = 0.86? anyway, anyone can advise me if there will be any more distribution for the latest rent collected? from the last payout till it got buyout?

 

EGM to seek approval from shareholders will be called shortly.
Long stop date is 30 Sep 18, so deal has to be completed by then.

 

Attended AGM yesterday. My understanding is distrbution as usual until deal closed.
First payout will 86 cents less 5% retained until total close down of trust.
This 5% is subject to deduction of expenses incurred by trust manager until total close down.

MonkeyKingGod      ( Date: 30-Jul-2018 17:00) Posted: share after fees = 0.86? anyway, anyone can advise me if there will be any more distribution for the latest rent collected? from the last payout till it got buyout?

 

share after fees = 0.86?

anyway, anyone can advise me if there will be any more distribution for the latest rent collected? from the last payout till it got buyout?

 

Noted. Will vote accordingly.

 

I will do that at the AGM. All should joint forces !

 

RHT Agm on 30July 2018@10am@Suntec Conf.
As RHT seems to be draging its feet as the issue of sale of Fortis is not being settled, unit holders must be cautious that there is a possibilty that the value of the price per unit is not only going to be erroded by way of currency losses but by the continued issuing if new units by RHT.
So..PLS VOTE AGAINST RESOLUTION 3 new unit issue mandate!!
(Last week at one f the AGM a 60% against vote was garnered for new share issue mandate!)
If not, the management can issue new units, paying themselves a handsomly as inky they know when and how the finalisation of the full sale of RHT woukd be.
Share holders mut prevent management from diluting the share pool and at the same time reducing the share value to computed for final payment.
At this juncture price oer unit is not looking good : from initial $0.89 to $91 expectations...it dropped to $0.86...and now $0.82...and i wont be surprised if it goes down wards...to even $0.76 or less.

Please take note: AGAINST vote for share issue manadate

 

Even if it' s $0.85, it' s still a good deal w.r.t. the current price. About 8 - 9% profit. 

lynn89      ( Date: 16-Jul-2018 15:59) Posted: $0.88-$0.90 is quite likely

 

Wish you are right.

lynn89      ( Date: 16-Jul-2018 15:59) Posted: $0.88-$0.90 is quite likely

 

$0.88-$0.90 is quite likely

 

same. waiting, but doesnt looks good cos indian rupee keep falling against SGD, end of the day, the offer amount in INR is the same for acquisition, but convert back to SGD to buy out the shares will be hit by the FX loss. If able to get at 0.85-0.90 already consider very lucky

notredame      ( Date: 14-Jul-2018 09:29) Posted: I am more interested in what will be the offered price to shareholder for the Fortis  buyover.

 

I am more interested in what will be the offered price to shareholder for the Fortis  buyover.