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does the minister / MP know of this COMMERCIAL RIP OFF happening in SGX????
came across this previous articles... hope the affiliates still around 
Quarz! make some noise plssss!
https://www.businesstimes.com.sg/companies-markets/quarz-capitals-recent-trail-of-activist-calls
Sunningdale Tech
In March 2019, Quarz urged high-precision plastic components maker Sunningdale Tech to increase shareholder value by reporting one-off costs separately from core net profit in its income statement, in order to give investors a better sense of the company' s underlying fundamentals.
Quarz had said it has a less-than-5 per cent stake in Sunningdale Tech, but added that combined with its affiliates, it has built up a " sizeable position" in the company.
The board of Sunningdale Tech later said it would give the recommendations " appropriate consideration" . It added that it believed its " unwavering focus" on business fundamentals would bring " more enduring long-term value accretion to our shareholders" .
In December 2018, the fund also called for Sunningdale Tech to return more cash to shareholders by distributing at least 60 per cent of core net income in 2019 as dividends.
Sunningdale Tech' s board then said it welcomes constructive feedback. " The recommendations made in the open letter will receive the appropriate consideration... in our continued effort to enhance shareholder value," it said.
why so difficult to upload a image here lol
https://www.investingnote.com/posts/2188185 Saw poll on invest note. Majority retail say say against... Just vote against...... Can stand up for own rights.....
Stupid idea from the SIAS that any proof of holding before Jan 21 will not be recognised and acceptable. As of today 5 Feb 21, CDP has not send us the February CDP statement. STUPID SIAS!
Register in this dialogue organised by SIAS to voice our concerns.
SIAS &ndash Sunrise &ndash Sunningdale Virtual Dialogue session
An invitation has been extended on 1 February 2021 to Scheme Shareholders to attend a virtual dialogue session moderated by the Securities Investors Association Singapore (&ldquo SIAS&rdquo ), at 6.00pm on 8th February 2021 (Singapore time), on the proposed acquisition (the &ldquo Acquisition&rdquo ) by Sunrise Technology Investment Holding Pte. Ltd.&rsquo s (the &ldquo Offeror&rdquo ) of all the issued ordinary shares in the capital of Sunningdale Tech Ltd. (other than those shares held by Mr Koh Boon Hwee) by way of a scheme of arrangement and the Offeror&rsquo s rationale for the Acquisition.
If you wish to attend, please RSVP online via the web link below, latest by the deadline which has been extended to 8 th February 2021 (Monday), 10.00 a.m. (Singapore time).
https://sias.org.sg/event/sias-sunrise-sunningdale-virtual-dialogue-session/
the offerers are low moral crooks taking advantage of citizen' s money!!!! How can KBH be the chairman of SIC???? This is a daylight robbery!!!! The minister approve of this???? The MAS SGX approve of this???? What a betrayal!!!!
SUNNINGDALE $1.65 TOO CHEAP. RAISE TO $1.85 BA!!!
Why Quarz still buy leh ?is they think still low ball at $1.65 or NAV price ? Any ldea wgen company announce their result ? If it declare fat bonus dividend than price need to minus this dividend ? become square one again.
ysh2006 ( Date: 19-Jan-2021 19:13) Posted:
Quarz can make this happen by writting to Koh BH ...
bullrun6088 ( Date: 19-Jan-2021 13:43) Posted:
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thanks for sharing, Ichimoku!
Kudos to Quarz
This is BS....making a mockery of minority shareholders interest...koh and team can just look at the forum (which is accessible 24/7) to understand the logic of their deal from our perspective...but until media report, then they act...
Quarz can make this happen by writting to Koh BH ...
bullrun6088 ( Date: 19-Jan-2021 13:43) Posted:
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Kudos to Quarz!
Why do we have people selling down when the offering is at $1.65..
Will offerer have to compensate those who had sold, in particular, to them?
NO $2 NO Sell!!!!
SIC Members
SIC members are appointed by the Minister in charge of the SFA. Most SIC members are from the private sector, including industry representatives, financial sector professionals and legal experts. The current SIC members are:-
Mr Koh Boon Hwee (Chairman) &ndash Chairman, Credence Partners Pte Ltd
how can he be the chairman of SIC when he failed his duty as chairman to look after the interest of small investors when he go and scheme with private equity to lowball small investors and take advantage of citizen' s money???? It' s a shame and a disgrace!!!! Such a TRAITOR CANNOT BE TRUSTED!!!! Government MAS SGX allow this to happen????
Great that shareholders are working together to reject the shameful lowball offer!
just subscribed at www.protectsunningdale.com as well!
Hope we win this together!
Received below email from Quartz for info here .....
Thank you all for your overwhelming support in our mission to protect our interests as fellow Sunningdale Tech shareholders!
As of today and after only 24h since we have opened the website we have already over 200 subscribers. So it looks like we are not the only ones that are " unhappy" about this offer?!
Thank you for the questions and comments that a lot of you have sent to us so far. Due to the high numbers, we endeavour to answer all of them as soon as possible.
Also we will probably make a ZOOM WEBINAR where we explain our rationale.
We are also working on a chinese version of the letter.
We would appreciate if you can share the website and our letter to as many people and especially Sunningdale Tech shareholders as possible!
This way we can make sure that all Sunningdale Tech shareholders are aware of the proposed offer and also our answer to it and so we can have a productive and fruitful discussion.
Done! Thanks Quarz! Pls ask KBH and LWS go F each other!
