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tanakow
    20-Jul-2017 19:54  
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To attend, do I need to bring any forms or just IC?

HiFive123      ( Date: 18-Jul-2017 12:19) Posted:

" at the AGM to be held at Summit 1, Level 3, Suntec Singapore Convention & Exhibition Centre, 1 Raffles Boulevard, Suntec City, Singapore 039593 on Friday, 28 July 2017 at 11.00 a.m"
 


HiFive123      ( Date: 18-Jul-2017 12:14) Posted:

at Suntec convention hall, Level 3, 28/7/2017,   11am
you can check out in last year' s FY results. 


 
 
TMW1986
    20-Jul-2017 18:02  
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US banks and investment companies like accumulating.

HiFive123      ( Date: 20-Jul-2017 16:55) Posted:

10.617 Million shares of $3.325 were done in 6 transactions.

HiFive123      ( Date: 20-Jul-2017 16:42) Posted:

Price Trade Volume Buy Sell
3.320
472
2,643,400
2,443,400
0
3.325
6
10,617,000
0
0
3.330
574
2,214,800
0
2,214,800


 
 
HiFive123
    20-Jul-2017 16:55  
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10.617 Million shares of $3.325 were done in 6 transactions.

HiFive123      ( Date: 20-Jul-2017 16:42) Posted:

Price Trade Volume Buy Sell
3.320
472
2,643,400
2,443,400
0
3.325
6
10,617,000
0
0
3.330
574
2,214,800
0
2,214,800


TMW1986      ( Date: 20-Jul-2017 15:40) Posted:

Next week should see 3.36 at least. Patience. Dividends coming.


 

 
HiFive123
    20-Jul-2017 16:42  
Contact    Quote!
Price Trade Volume Buy Sell
3.320
472
2,643,400
2,443,400
0
3.325
6
10,617,000
0
0
3.330
574
2,214,800
0
2,214,800


TMW1986      ( Date: 20-Jul-2017 15:40) Posted:

Next week should see 3.36 at least. Patience. Dividends coming.

HiFive123      ( Date: 20-Jul-2017 13:18) Posted:

STRONG BUYING seen at:

BUY   3.32   (42.0m) /   SELL   3.33   (7.3m


 
 
TMW1986
    20-Jul-2017 15:40  
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Next week should see 3.36 at least. Patience. Dividends coming.

HiFive123      ( Date: 20-Jul-2017 13:18) Posted:

STRONG BUYING seen at:

BUY   3.32   (42.0m) /   SELL   3.33   (7.3m)

snoopybrown      ( Date: 20-Jul-2017 13:04) Posted:

more buyers than sellers at different price range, with 41 millions at buy queue $3.20


 
 
HiFive123
    20-Jul-2017 13:18  
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STRONG BUYING seen at:

BUY   3.32   (42.0m) /   SELL   3.33   (7.3m)

snoopybrown      ( Date: 20-Jul-2017 13:04) Posted:

more buyers than sellers at different price range, with 41 millions at buy queue $3.20

 

 
snoopybrown
    20-Jul-2017 13:04  
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more buyers than sellers at different price range, with 41 millions at buy queue $3.20
 
 
snoopybrown
    19-Jul-2017 16:34  
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Hope the below article assures your concern:

http://www.straitstimes.com/business/companies-markets/buyout-offer-for-glp-seen-as-decent-given-its-past-results-news-analysis
Buyout offer for GLP seen as decent, given its past results
17.07.2017
"   It is also encouraging that the deal, which will lead to a delisting in Singapore, has no financing ties to the mainland: Beijing' s shifting stance on whether to allow capital to leave the country for overseas mergers and acquisitions could have proven problematic."
 

laksaman57      ( Date: 19-Jul-2017 16:01) Posted:

https://www.google.com.sg/amp/deadline.com/2017/07/chinese-regulators-block-banks-from-lending-to-dalian-wanda-for-overseas-deals-1202129913/amp/

laksaman57      ( Date: 19-Jul-2017 15:24) Posted:

Any chance of China regulator blocking deal like they blocked Wanda ?


 
 
laksaman57
    19-Jul-2017 16:01  
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https://www.google.com.sg/amp/deadline.com/2017/07/chinese-regulators-block-banks-from-lending-to-dalian-wanda-for-overseas-deals-1202129913/amp/

laksaman57      ( Date: 19-Jul-2017 15:24) Posted:

Any chance of China regulator blocking deal like they blocked Wanda ?

 
 
laksaman57
    19-Jul-2017 15:24  
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Any chance of China regulator blocking deal like they blocked Wanda ?
 

 
snoopybrown
    19-Jul-2017 15:23  
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Has such counter-bid happened to other previous takeover exercises by other stocks before? 

HiFive123      ( Date: 19-Jul-2017 14:59) Posted:

As long as the Scheme has not been approved   yet,
there is still a chance of another new counter bid coming in,
afterall the previous bid of Warburg was still higher than the current takeover bid.

snoopybrown      ( Date: 19-Jul-2017 14:50) Posted:

Today' s annoucement indicates that Merrill Lynch acquired 448,400 shares at $3,31, $3.32 and $3.33 yesterday. The total number of shares owned is 720,626,045 or 15.34%. What do you guys think, if there is a purpose for accumulating shares now or they are simply profiting $0.11 as GLP shares valued at $3.44 inclusive of dividend.


 
 
HiFive123
    19-Jul-2017 14:59  
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As long as the Scheme has not been approved   yet,
there is still a chance of another new counter bid coming in,
afterall the previous bid of Warburg was still higher than the current takeover bid.

snoopybrown      ( Date: 19-Jul-2017 14:50) Posted:

Today' s annoucement indicates that Merrill Lynch acquired 448,400 shares at $3,31, $3.32 and $3.33 yesterday. The total number of shares owned is 720,626,045 or 15.34%. What do you guys think, if there is a purpose for accumulating shares now or they are simply profiting $0.11 as GLP shares valued at $3.44 inclusive of dividend.

 
 
Clipper
    19-Jul-2017 14:58  
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possible that parties are milking the 6 cents div since the wait is just few weeks out. Ex Div may bring out the ' true color' of the various parties. I suspect the competing team to the Offeror, not able to get all the business details especially for the China portion, maybe asking for business gurantee in their bid which GLP independent team do not favor as transaction is not clean. Just my thoughts...... I am holding on till ex Div, and then decide base on price then.
 
 
snoopybrown
    19-Jul-2017 14:50  
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Today' s annoucement indicates that Merrill Lynch acquired 448,400 shares at $3,31, $3.32 and $3.33 yesterday. The total number of shares owned is 720,626,045 or 15.34%. What do you guys think, if there is a purpose for accumulating shares now or they are simply profiting $0.11 as GLP shares valued at $3.44 inclusive of dividend.
 
 
FATABA
    19-Jul-2017 14:37  
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Fellow GLP investor......if u assume they hv not sold ....Blackstone, Warburg etc shld all add up above 25% alrdy.
But the question is ..Do u think they will sell or still hold to fight??    Honestly the 3.38 ( add 6c divd) is a relatively good offer.
​ Dont forget some of this fund are really here to make $$ and not to run GLP .    Min and his team are more interested to run GLP
as this is his career and investment a long time ago.
​ JUst.....if the angmo side can gang up and dont sell....then its better for share price as it wild result in a price war .
Which I dont think wld happen at this moment.  Just my view.

HiFive123      ( Date: 19-Jul-2017 13:25) Posted:

Percenatge held by:
BofAML - 10.98%
Elliot Capital 6.433%
Merrill Lynch 11.22%

Not sure if the holdings of BofAML & Merrill Lynch are the same as all are under #8

gopguppy      ( Date: 19-Jul-2017 12:27) Posted:

Today' s SGX report indicates the percentage has increased to 15 plus. Are the americans accumulating shares to hit 25% and above so that the chinese will not hit the 75% they need to privatise


 

 
HiFive123
    19-Jul-2017 13:25  
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Percenatge held by:
BofAML - 10.98%
Elliot Capital 6.433%
Merrill Lynch 11.22%

Not sure if the holdings of BofAML & Merrill Lynch are the same as all are under #8

gopguppy      ( Date: 19-Jul-2017 12:27) Posted:

Today' s SGX report indicates the percentage has increased to 15 plus. Are the americans accumulating shares to hit 25% and above so that the chinese will not hit the 75% they need to privatise?

nea03177      ( Date: 17-Jul-2017 19:24) Posted:

Maybe bro Fataba can answer this but it's not fair to him. Should ask your remisier who is paid to advise you. But from what I see there is no significance to this filing.


 
 
gopguppy
    19-Jul-2017 12:27  
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Today' s SGX report indicates the percentage has increased to 15 plus. Are the americans accumulating shares to hit 25% and above so that the chinese will not hit the 75% they need to privatise?

nea03177      ( Date: 17-Jul-2017 19:24) Posted:

Maybe bro Fataba can answer this but it's not fair to him. Should ask your remisier who is paid to advise you. But from what I see there is no significance to this filing.

Starship      ( Date: 17-Jul-2017 18:08) Posted:

Any significance to this filing?

1. INTRODUCTION Merrill Lynch (Singapore) Pte. Ltd. (" MLS" ) refers to the announcement dated 14 July 2017 (" Joint Announcement" ) in relation to the proposed acquisition by Nesta Investment Holdings Limited of all the issued ordinary shares (&ldquo Shares&rdquo ) in the capital of Global Logistic Properties Limited (" Offeree" ) by way of a scheme of arrangement under Section 210 of the Companies Act (Cap. 50) of Singapore (" Scheme" ), in accordance with the Singapore Code on Take-overs and Mergers (" Code" ). All capitalised terms used and not defined herein shall have the same meanings as ascribed to them in the Joint Announcement.
2. DEALINGS Our holding entity, Bank of America Corporation (" BOA" ) and consequently, the group of corporations under BOA, is an associate of the Offeree by virtue of it holding 5% or more of the Shares in issue at the time of the relevant dealing. In addition MLS is an associate of the Offeree by virtue of it being the financial adviser to GIC Private Limited, an associate of the Offeree. Pursuant to Rule 12.1 of the Code, MLS wishes to announce the following dealings in Shares by MLS and its associates for their own account or for the account of discretionary investment clients:

Date of dealing 7/14/2017
Name of Purchaser / Seller         Merrill Lynch International
Nature of dealing           Hedging of Delta 1 products created as a result of wholly unsolicited client-driven orders
Total number of shares acquired / sold           Sold 500,000
Price per share acquired / sold             SGD 3.29
Date of dealing           7/14/2017
Name of Purchaser / Seller             Merrill Lynch International
Nature of dealing             Stock borrow
Total number of shares borrowed           11,000,000
Resultant total number of Shares owned or controlled:         527,189,287 shares
Percentage of Shares owned or controlled:           11.22%

http://infopub.sgx.com/FileOpen/Rule%2012.1%20of%20the%20Singapore%20Code%20on%20Take-overs%20and%20Mergers%2020170714.ashx?App=Announcement& FileID=461691


 
 
AndyLoss
    18-Jul-2017 23:30  
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they would have got a better price if not for that Clause.

HiFive123      ( Date: 18-Jul-2017 16:59) Posted:

counter bid unlkely to come so early...

AndyLoss      ( Date: 18-Jul-2017 16:00) Posted:

is the counter bid coming :)


 
 
lglg666
    18-Jul-2017 17:10  
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Look like the Chinese consortium has this one in their bag with their offer price. Btw they are also very into the business and played a major part in it too. So I'm good and happy to sell to them.
 
 
HiFive123
    18-Jul-2017 16:59  
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counter bid unlkely to come so early...

AndyLoss      ( Date: 18-Jul-2017 16:00) Posted:

is the counter bid coming :))

HiFive123      ( Date: 18-Jul-2017 14:32) Posted:

a few of such huge   transactions seems on-goin


 
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