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How to force the mgt to delist sunright from sgx

Catch some Liao.....lol

edwinjup      ( Date: 15-Oct-2015 11:22) Posted: Wan to match (buy) some at opening....but someone cut my q......my broker told.me i should not share.in sj... (he told mi the lobang)..orelse hard to buy cheap...lol...

 

That why I use the term " force" ...lol 

hem2998      ( Date: 15-Oct-2015 11:31) Posted: i believe > 40% held by public...hence they won' t distribute.

 

i believe > 40% held by public...hence they won' t distribute.

 

 

Wan to match (buy) some at opening....but someone cut my q......my broker told.me i should not share.in sj... (he told mi the lobang)..orelse hard to buy cheap...lol...

 

Welcome....maybe shareholders can also ask the mgt to carry out a capital reduction of at least 20c   to distribute to shareholders...this one a bit similar to valuetronic...when price at 20c ..no one wan..but when some house promote...40c still got people rush to buy..but sunlight mgt a bit Miao ..lol....starland mgt finally delist from sgx at 23.6c...I bought it last year around 2.5-2.8c....but sold Liao....lol..hope can see some actions in sunlight soon..cheers...pls read more before investing.....I just vested for fun.....

Qanghoo      ( Date: 14-Oct-2015 21:10) Posted: Anyway, thx for ur research n sharing.  Very useful for a lot of us.  A lot of ur posts have drawn my attention to many counters I had not taken note of previously.  Qanghoo      ( Date: 14-Oct-2015 21:02) Posted: Haha, I believe probably the only way is to get a group that owns sufficient shares to vote for it?

 

Anyway, thx for ur research n sharing.  Very useful for a lot of us.  A lot of ur posts have drawn my attention to many counters I had not taken note of previously. 

Qanghoo      ( Date: 14-Oct-2015 21:02) Posted: Haha, I believe probably the only way is to get a group that owns sufficient shares to vote for it?  edwinjup      ( Date: 14-Oct-2015 20:28) Posted: Cash on hand 47.7c...nav 59c..after clearing all $30m loan..company still got $33.5m net cash....or 27.3c per share and share price.only 21c....truly undervalue....can we force the mgt out or force them to delist and distribute the money back to shareholder??...agm will held in nov....time for us to tell the mgt off...pls sell all factory..assets and distribute the cash back to us....lol

 

Haha, I believe probably the only way is to get a group that owns sufficient shares to vote for it? 

edwinjup      ( Date: 14-Oct-2015 20:28) Posted: Cash on hand 47.7c...nav 59c..after clearing all $30m loan..company still got $33.5m net cash....or 27.3c per share and share price.only 21c....truly undervalue....can we force the mgt out or force them to delist and distribute the money back to shareholder??...agm will held in nov....time for us to tell the mgt off...pls sell all factory..assets and distribute the cash back to us....lol

 

Cash on hand 47.7c...nav 59c..after clearing all $30m loan..company still got $33.5m net cash....or 27.3c per share and share price.only 21c....truly undervalue....can we force the mgt out or force them to delist and distribute the money back to shareholder??...agm will held in nov....time for us to tell the mgt off...pls sell all factory..assets and distribute the cash back to us....lol