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Koh BH father passed away recently so might need to wait for 100 days than he can do re-offer ? NTA=$2.00
Haha. No one seems to be replying. Really frustrating. Don' t know how long is the wait. The share price is stuck because of the offer, and no idea when this offer is supposed to expire. I called SGX and got no useful info as well.
tcshares ( Date: 17-Dec-2020 13:36) Posted:
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so just wait?
So what is the situation now with this? Is the offer still on? Sorry i havent been monitoring this counter of mine for a long time and just saw this piece of news. Can?t find any more recent. Appreciate any update. Thanks!
his father should tell him don' t be a crook and low ball citizen money!!!! Want delist at least delist at $2!!!!
When IPO no mention anywhere ?...he is busy attending father's funeral..maybe father told him something before he died not much people know ?
so no more low ball offering by the offerers to take advantage of citizens money after IPO????
His father passed away ,he maybe quite sad to do thing ?...privatising at $1.55 too little who said ?
Sunningdale Tech
On Nov 23, Sunningdale Tech executive director and chief executive officer Khoo Boo Hor vested 200,000 share awards, increasing his direct interest in the company from 2.20 per cent to 2.29 per cent.
Prior to his appointment as CEO, he was the group operations director and was responsible for its manufacturing operations.
Mr Khoo played a significant role in integrating the operations of Sunningdale Precision Industries and Tech Group Asia following the merger of the two companies in July 2005.
Back on Nov 9, the group reported its Q3FY20 (ended Sept 30) gross profit increased 16.8 per cent to S$26.8 million, from S$23.0 million in Q3FY19 with the group' s gross profit margin increasing to 14.8 per cent in Q3FY20 from 12.5 per cent in Q3FY19.
Sunningdale Tech also recently completed the acquisition of US-based plastics manufacturer Moldworx, LLC, in line with its forward-looking plans to accelerate growth for its Healthcare segment, allowing the group to capture new business opportunities in the large US market.
This was in-line with Sunningdale Tech' s fundamental strategy of diversifying its customer base and expanding its product offering.
Mr Khoo noted with the results that as the group moves into the remainder of the year, it remained confident in its resilient business model and healthy balance sheet, as the long-term sustainability of its operations remains on track.
As of Nov 23, Sunningdale Tech non-executive chairman Koh Boon Hwee maintained a 15.56 per cent total interest in the company, while substantial shareholder Sam Goi maintained a 7.94 per cent total interest.
Because the SSH did buy the shares at higher price speculate a RTO might happened...
simpleguy123 ( Date: 28-Nov-2020 09:48) Posted:
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Seems like as people of this country, we always fall for these " goodwill" gestures of privatisation.
Dunno whether we are really daft, as LKY puts it.
Dunno whether we are really daft, as LKY puts it.
Nowdays we can' t talk at AGM or EGM since it is all virtual !
iinvestor ( Date: 27-Nov-2020 16:30) Posted:
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nay, we are in this game, should be able to suffer loss too, not uncommon for the major shareholders to offer cheap anyway Just that they did not declare their relationship with the offerer since the beginning, and no one made any noise on that ...
iinvestor ( Date: 27-Nov-2020 16:30) Posted:
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Shaw Kei also invested in AMOS (formerly known as Gaylin), can consider buy some at 2.9cents cheap cheap.
WBdisciple ( Date: 24-Nov-2020 10:23) Posted:
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keep 1 lot to attend EGM and blast them for the lousy offer..............no decency to pay at least book value. 
cbs_sam ( Date: 27-Nov-2020 16:21) Posted:
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you are right, just cut loss too, avoid these guys in future
stanleytay ( Date: 24-Nov-2020 07:40) Posted:
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shareholders should kick the executive chairman and independent director who offer to take over as they no longer serve in the shareholder interest....
how can the offerer and his gang come and said he want to buy something at $1.55 that is worth $2???? Market price can be manipulated down to make it cheap cheap!!!! This market failure has not been addressed effectively by MAS SGX SIAS for so many years now!!!! The CAD must investigate this day light robbery!!!! The government must intervene and stop this market failure to forcefully take advantage of citizen money!!!!
If any potential offer from another party come along, I don' t think KBW will let go below $2. Seriously felt there is a conflict of interest here. #SGX useless exchsnge should review this whole matter. Alas all the rich rubbering shoulder i guess its fook...
without the offer today price would be higher! F KBW! lol