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3281-3300 of 3544
vested & I doubt so... As of now, it seems that China Fish may become a substantial shareholder of the valuable Copeinca unless some pleasant surprises arise. If this is the case, the money raised from the right issues & banks loan will be more than sufficient for the good acquisition.
tchoonw ( Date: 20-Apr-2013 09:44) Posted:
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kgaihc ( Date: 20-Apr-2013 07:51) Posted:
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why i have not receive the rights shares yet when i checked my cdp?
anyone?
Chua
It is precisely this uncertainty that people are avoiding CF and probably causing the downward movement of the share. Other Chinese stocks like SinoG & CMZ are clearer in direction. if you have to choose a chinese stock you will go with the other two. So for CF, a heavy dose of patience and understanding of the underlying corporate activities is needed to stay invested. Otherwise, there are better stock to park your money out there.
chuayc1985 ( Date: 18-Apr-2013 22:31) Posted:
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What is happening?
Why prices keep falling?
China Fishery's acquisition is on condition of 50.01% so when the other acquirer achieve 50.07%. Is CF acquisition plan bound to fail?
How will CF come up with the additional ~200 mil? By rights issue again?
So many uncertainty. Can anyone help to give opinion?
China Fish has raised gross proceeds of ~S$347.88 million from the rights issue.http://info.sgx.com/webcoranncatth.nsf/VwAttachments/Att_8E40069F2D9E76DC48257B4F0031B286/$file/CFGL-Results_RI_16042013.pdf?openelement
Will check if I'm allocated excess rights shares... seems unlikely to get them.
JMS213 ( Date: 16-Apr-2013 09:36) Posted:
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Thkq Blanchard,
It makes no sense to exercise and convert @ $2.10. Question is how will this change the effect of CF's acquisition ? Any comments, thanks
JMS213,
On 28 July 10, China Fish issued 26,666,666 warrants to CAP III-A Limited at a total consideration of US$1 (the " Warrants" ). Each of the Warrants carries the right to subscribe to one new ordinary share of the Company of US$0.05 each at an exercise price of S$2.10 per Warrant which is payable in United States dollar based on a fixed exchange rate in accordance with the subscription agreement entered into with CAP III-A Limited. The Warrants have not been listed or traded on the Main Board of the SGX.
I think the acquisition of Copeinca or being a substantial shareholder of Copeinca is important to China Fish.
JMS213 ( Date: 15-Apr-2013 22:10) Posted:
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ISSUANCE OF ADDITIONAL WARRANTS TO CAP III-A LIMITED ARISING FROM COMPLETION OF THE RIGHTS ISSUE
http://info.sgx.com/webcoranncatth.nsf/VwAttachments/Att_A946E1A402DC19B748257B4E0022A5AD/$file/CFGL-AdjustmentCarlyleWarrants_15042013.pdf?openelement
I think the expiry date of warrants is still 28 July 13?
China Fishery hedges its bets with $730m bid for Copeinca
http://www.undercurrentnews.com/2013/04/11/china-fishery-hedges-its-bets-with-730m-bid-for-copeinca/Whether CF is ultimately successful or not in the acquisition of Copeinca, this effort by CF to raise the business & financial performance of CF is very commendable & deserving the shareholders' support...明 天 会 更 好 ...
wendel ( Date: 11-Apr-2013 16:26) Posted:
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