Tat Hong   

Tat Hong Growing to a Global Player

Tat Hong up 3 cents to $0.485 at the moment.
Maybe getting excited from the delisting offer for Rotary ?

 

Will the run continue after T+3 ?
Maybe too early to say. Volume still low.

 

last year aborted buyover, they never annouce the identity of the 3rd party. They just cited economic condition. So when the annoucement was made last year, the share price shoot from 30+ cents to 50+ cents, what if the 3rd party is some $1 registered company annoucing a fake intention to buy over and then take profit from the rocket of the share price which is market manipulation.

What if this happens again this time?

We shd see again in a few mths time..


 

ranthana      ( Date: 24-Sep-2017 13:04) Posted: as usual world class SGX cant do anything ... most SGX listings are con act be careful when investing in SGX listings HazardKoh      ( Date: 23-Sep-2017 15:22) Posted: Last year the 3rd party cited poor economic condition as their reason to abort the takeover discussion. Now the company never named the 3rd party involved last year aborted takeover discussion. This year the company is again  involved in another discussion with an unnamed 3rd party. Did SGX check whether the 3rd party is the same one as last year? If so, it makes no sense as this year the economic condition is no better than last year' s. Then how does SGX prevent any 3rd party from " suka suka" approaching a listed company and say they want to takeover the company causing a spike in share price and profiting from the spike in share price? aka market manipulation. What if a few mths down the road, the 3rd party again say they are not going ahead with the takeover due to economic condition. Is SGX going to call in the police to check on the 3rd party whether they are just  making use annoucement of takeover and profit from the spike in share price and have no real intention of takeover? Becos last year annoucement caused some investors to lose $$$ when the share price rocket from 35 cents to 50+ cents (if i remember correctly) and then tank back to 35 cents eventually after the 3rd party says they no longer interested due to economic condition. Is SGX going to force the company to annouce the name of the 3rd party? What if the 3rd party is a $1 registered company listed in somewhere in Berhamas? Or is SGX going to say " u buy their shares  becos u trust the company, so if  u lose money is none of our business. If u dun trust the company then dun believe their annoucement and dun  buy their shares" ..??

 

as usual world class SGX cant do anything ... most SGX listings are con act

be careful when investing in SGX listings

HazardKoh      ( Date: 23-Sep-2017 15:22) Posted: Last year the 3rd party cited poor economic condition as their reason to abort the takeover discussion. Now the company never named the 3rd party involved last year aborted takeover discussion. This year the company is again  involved in another discussion with an unnamed 3rd party. Did SGX check whether the 3rd party is the same one as last year? If so, it makes no sense as this year the economic condition is no better than last year' s. Then how does SGX prevent any 3rd party from " suka suka" approaching a listed company and say they want to takeover the company causing a spike in share price and profiting from the spike in share price? aka market manipulation. What if a few mths down the road, the 3rd party again say they are not going ahead with the takeover due to economic condition. Is SGX going to call in the police to check on the 3rd party whether they are just  making use annoucement of takeover and profit from the spike in share price and have no real intention of takeover? Becos last year annoucement caused some investors to lose $$$ when the share price rocket from 35 cents to 50+ cents (if i remember correctly) and then tank back to 35 cents eventually after the 3rd party says they no longer interested due to economic condition. Is SGX going to force the company to annouce the name of the 3rd party? What if the 3rd party is a $1 registered company listed in somewhere in Berhamas? Or is SGX going to say " u buy their shares  becos u trust the company, so if  u lose money is none of our business. If u dun trust the company then dun believe their annoucement and dun  buy their shares" ..??   harlow      ( Date: 23-Sep-2017 14:02) Posted: Yup. Discussions may not materialise into something concrete after all

 

oh.. that is an useful information...

Let all see whether this time is real or not... if not end up like Addvalue tech

ysh2006      ( Date: 23-Sep-2017 16:29) Posted: This year difference because old man passed away mah cannot object,   sure go through (I think only).... HazardKoh      ( Date: 23-Sep-2017 15:22) Posted: Last year the 3rd party cited poor economic condition as their reason to abort the takeover discussion. Now the company never named the 3rd party involved last year aborted takeover discussion. This year the company is again  involved in another discussion with an unnamed 3rd party. Did SGX check whether the 3rd party is the same one as last year? If so, it makes no sense as this year the economic condition is no better than last year' s. Then how does SGX prevent any 3rd party from " suka suka" approaching a listed company and say they want to takeover the company causing a spike in share price and profiting from the spike in share price? aka market manipulation. What if a few mths down the road, the 3rd party again say they are not going ahead with the takeover due to economic condition. Is SGX going to call in the police to check on the 3rd party whether they are just  making use annoucement of takeover and profit from the spike in share price and have no real intention of takeover? Becos last year annoucement caused some investors to lose $$$ when the share price rocket from 35 cents to 50+ cents (if i remember correctly) and then tank back to 35 cents eventually after the 3rd party says they no longer interested due to economic condition. Is SGX going to force the company to annouce the name of the 3rd party? What if the 3rd party is a $1 registered company listed in somewhere in Berhamas? Or is SGX going to say " u buy their shares  becos u trust the company, so if  u lose money is none of our business. If u dun trust the company then dun believe their annoucement and dun  buy their shares" ..??

 

This year difference because old man passed away mah cannot object,   sure go through (I think only)....

HazardKoh      ( Date: 23-Sep-2017 15:22) Posted: Last year the 3rd party cited poor economic condition as their reason to abort the takeover discussion. Now the company never named the 3rd party involved last year aborted takeover discussion. This year the company is again  involved in another discussion with an unnamed 3rd party. Did SGX check whether the 3rd party is the same one as last year? If so, it makes no sense as this year the economic condition is no better than last year' s. Then how does SGX prevent any 3rd party from " suka suka" approaching a listed company and say they want to takeover the company causing a spike in share price and profiting from the spike in share price? aka market manipulation. What if a few mths down the road, the 3rd party again say they are not going ahead with the takeover due to economic condition. Is SGX going to call in the police to check on the 3rd party whether they are just  making use annoucement of takeover and profit from the spike in share price and have no real intention of takeover? Becos last year annoucement caused some investors to lose $$$ when the share price rocket from 35 cents to 50+ cents (if i remember correctly) and then tank back to 35 cents eventually after the 3rd party says they no longer interested due to economic condition. Is SGX going to force the company to annouce the name of the 3rd party? What if the 3rd party is a $1 registered company listed in somewhere in Berhamas? Or is SGX going to say " u buy their shares  becos u trust the company, so if  u lose money is none of our business. If u dun trust the company then dun believe their annoucement and dun  buy their shares" ..??   harlow      ( Date: 23-Sep-2017 14:02) Posted: Yup. Discussions may not materialise into something concrete after all

 

This thing is a judgement call. No clear answer to this. We won' t know for sure whether the buyer is genuine or not. Don' t think SGX can control who suka suka approach who. Also, for confidentiality reasons, because things are not firm, companies may not want to disclose their identity. This should not be against the rules, so not sure what SGX can do about it. Unscrupulous and manipulative companies may want to take advantage of this to influence share price. So if after this time nothing materialise again, maybe the public' s trust of tat hong will drop. The CEO seems be a credible guy and has been in this line for many years. But we will never know lah. Then again, such companies may be attractive because of their low P/NAV, and the next few years should augur well for construction. People buy because of future business potential.   Hiap Tong was also approached by people some   months back too. Though don' t know what happened since and the price dropped back. 

HazardKoh      ( Date: 23-Sep-2017 15:22) Posted: Last year the 3rd party cited poor economic condition as their reason to abort the takeover discussion. Now the company never named the 3rd party involved last year aborted takeover discussion. This year the company is again  involved in another discussion with an unnamed 3rd party. Did SGX check whether the 3rd party is the same one as last year? If so, it makes no sense as this year the economic condition is no better than last year' s. Then how does SGX prevent any 3rd party from " suka suka" approaching a listed company and say they want to takeover the company causing a spike in share price and profiting from the spike in share price? aka market manipulation. What if a few mths down the road, the 3rd party again say they are not going ahead with the takeover due to economic condition. Is SGX going to call in the police to check on the 3rd party whether they are just  making use annoucement of takeover and profit from the spike in share price and have no real intention of takeover? Becos last year annoucement caused some investors to lose $$$ when the share price rocket from 35 cents to 50+ cents (if i remember correctly) and then tank back to 35 cents eventually after the 3rd party says they no longer interested due to economic condition. Is SGX going to force the company to annouce the name of the 3rd party? What if the 3rd party is a $1 registered company listed in somewhere in Berhamas? Or is SGX going to say " u buy their shares  becos u trust the company, so if  u lose money is none of our business. If u dun trust the company then dun believe their annoucement and dun  buy their shares" ..??   harlow      ( Date: 23-Sep-2017 14:02) Posted: Yup. Discussions may not materialise into something concrete after all

 

Last year the 3rd party cited poor economic condition as their reason to abort the takeover discussion.

Now the company never named the 3rd party involved last year aborted takeover discussion.

This year the company is again  involved in another discussion with an unnamed 3rd party. Did SGX check whether the 3rd party is the same one as last year?
If so, it makes no sense as this year the economic condition is no better than last year' s.

Then how does SGX prevent any 3rd party from " suka suka" approaching a listed company and say they want to takeover the company causing a spike in share price and profiting from the spike in share price? aka market manipulation.

What if a few mths down the road, the 3rd party again say they are not going ahead with the takeover due to economic condition. Is SGX going to call in the police to check on the 3rd party whether they are just  making use annoucement of takeover and profit from the spike in share price and have no real intention of takeover?

Becos last year annoucement caused some investors to lose $$$ when the share price rocket from 35 cents to 50+ cents (if i remember correctly) and then tank back to 35 cents eventually after the 3rd party says they no longer interested due to economic condition.

Is SGX going to force the company to annouce the name of the 3rd party? What if the 3rd party is a $1 registered company listed in somewhere in Berhamas?

Or is SGX going to say " u buy their shares  becos u trust the company, so if  u lose money is none of our business. If u dun trust the company then dun believe their annoucement and dun  buy their shares" ..??

 

harlow      ( Date: 23-Sep-2017 14:02) Posted: Yup. Discussions may not materialise into something concrete after all. HazardKoh      ( Date: 23-Sep-2017 13:42) Posted: I hope  u all dun forget what happended last yea

 

I dun know.. They have not named the 3rd party who is interested even for last year takeover annoucement.

How does SGX scrutinised such annocement to prevent any fradulent  3rd party from  " suka suka" approaching a company listed in SGX and says " I  interested in taking over  your company"   and  then profit from the annoucement and the rise in share price and then says " sorry, we are no longer interested" after a few mths.

The previous annoucement of a takeover ends up with  the 3rd party withdrawing their interest citing  economic condition. Did anyone benefitted from the rise in share price last year? Is the one that is discussing a takeover now  the same party as last year?

I find it strange the 3rd party would launch a takeover now at a time when  the  economic condition is  no better than last year.

How does SGX make sure that no hanky panky is going on? Any 3rd party can approach a listed company in SGX and say they want to discuss a takeover of the company causing the share price to rocket and then they profit from it and then later say they no longer interested. Does SGX investigate who is the 3rd party involved and how does SGX prevent hanky panky from happening?

What if a few mths later, the 3rd party say they no longer interested in takeover (and in the process profit from the rise in share price) ? Who will investigate? Would the company name the 3rd party involved?









 

harlow      ( Date: 23-Sep-2017 14:02) Posted: Yup. Discussions may not materialise into something concrete after all. HazardKoh      ( Date: 23-Sep-2017 13:42) Posted: I hope  u all dun forget what happended last yea

 

Then again, you won' t see this price when everything firms up.

harlow      ( Date: 23-Sep-2017 14:02) Posted: Yup. Discussions may not materialise into something concrete after all. HazardKoh      ( Date: 23-Sep-2017 13:42) Posted: I hope  u all dun forget what happended last yea

 

Yup. Discussions may not materialise into something concrete after all.

HazardKoh      ( Date: 23-Sep-2017 13:42) Posted: I hope  u all dun forget what happended last year HazardKoh      ( Date: 08-Sep-2016 18:49) Posted: Gone case.. the share price recent climb was due to the takeover news.. now be careful     Tat Hong Holdings Ltd (the " Company" ) refers to its announcements released on 15 March 2016 (the " 15 March Announcement" ), 15 April 2016, 15 May 2016, 15 June 2016, 15 July 2016 and 15 August 2016. The Company disclosed in the 15 March Announcement that the Company had been approached in connection with a potential transaction which may or may not lead to an acquisition of the issued share capital of the Company. Further to the announcement released on 15 August 2016, the Company wishes to update shareholders that the counterparty has informed the Company that it would not be proceeding with its assessment of the potential transaction at this stage, in view of the current economic conditions impacting the counterparty&rsquo s business. Accordingly, the Company has ceased discussions with the counterparty. The Company will continue to evaluate strategic options or opportunities which may arise from time to time, with a view to enhancing shareholder value.

 

I hope  u all dun forget what happended last year

HazardKoh      ( Date: 08-Sep-2016 18:49) Posted: Gone case.. the share price recent climb was due to the takeover news.. now be careful     Tat Hong Holdings Ltd (the " Company" ) refers to its announcements released on 15 March 2016 (the " 15 March Announcement" ), 15 April 2016, 15 May 2016, 15 June 2016, 15 July 2016 and 15 August 2016. The Company disclosed in the 15 March Announcement that the Company had been approached in connection with a potential transaction which may or may not lead to an acquisition of the issued share capital of the Company. Further to the announcement released on 15 August 2016, the Company wishes to update shareholders that the counterparty has informed the Company that it would not be proceeding with its assessment of the potential transaction at this stage, in view of the current economic conditions impacting the counterparty&rsquo s business. Accordingly, the Company has ceased discussions with the counterparty. The Company will continue to evaluate strategic options or opportunities which may arise from time to time, with a view to enhancing shareholder value.

 

how abt the 25 % stake in yongmao?

 

how about its stake in CSC?

 

should hit 50cent soon

 

csc got hope today also??

 

Current: 0.455/0.460
Last done: 0.455
Volume: surged

What will be the offer price and will it be firm?

 

Yes, obviously information leaked.

 

Insider run before the news..what can sgx or mas do? Nothing...

 

 

The board of directors (the " Board" ) of Tat Hong Holdings Ltd (the " Company" ) refers to the unusual trading volume and significant increase in the price of shares of the Company today.

The Board wishes to inform shareholders that the Company has been approached by certain parties in connection with a potential transaction in relation to the securities of the Company. The discussions are on-going and there is no certainty or assurance whatsoever that any transaction will arise from these discussions. The Company has appointed Rippledot Capital Advisers Pte. Ltd. as its financial adviser in connection with such approaches.

The Company will, in compliance with the applicable rules (including the Corporate Disclosure Policy of the Listing Manual of the Singapore Exchange Securities Trading Limited), make further announcements as appropriate.

The Company wishes to advise its shareholders to refrain from taking any action in respect of their shares of the Company which may be prejudicial to their interests, and to exercise caution when dealing in the shares of the Company.

By Order of the Board

Tat Hong Holdings Ltd

 

Jennie Hong Chok Hane

Group Chief Financial Officer / Company Secretary

21 September 2017