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Attention to All Vard Minority Shareholders, you have to do the right thing to stop Fincantieri from ' unfair' delisting !
Visit the minority community vard group here to find out more on how to exercise your right to stop the aggressor !
www.facebook.com/vardsg
download telegram to your phone or desktop join
t.me/vardsg   
Read up on Apollo investment funds- recommendation to vote against delisting!
Forced and unfair delistings: the Vard case
https://apolloinvestment.com/F180415Vard.htm
Act now before it' s too late!!!
A close look at the details of all the IPOs here will show how they' re all designed to suck in retail investors to buy at high while the SSs and BBs unload to them and then laugh all the way to the bank.  While retail investors are left holding the bag (often half empty or worse).
beginners ( Date: 20-Apr-2018 08:56) Posted:
That could be the reason why foreign companies like to get listed here. Con one time in IPO. Con 2nd or 3rd time by using whatever tactics they can think off.
shyeo1223 ( Date: 19-Apr-2018 11:34) Posted:
| Only in Singapore whereby the regulators are all sleeping, a company like Vard is allowed to continuously suppress the share price by adopting the same tactics over and over again.  |
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That could be the reason why foreign companies like to get listed here. Con one time in IPO. Con 2nd or 3rd time by using whatever tactics they can think off.
shyeo1223 ( Date: 19-Apr-2018 11:34) Posted:
| Only in Singapore whereby the regulators are all sleeping, a company like Vard is allowed to continuously suppress the share price by adopting the same tactics over and over again.  |
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download telegram app, join t.me/vardsg  to find proxy 
lazycat88 ( Date: 20-Apr-2018 07:56) Posted:
| I have received the proxy form. Who do we specify as the proxy on the proxy form? Thanks.
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cant attend egm on delisting can still make yr votes count by joining the telegram group below
rabbitfoot ( Date: 19-Apr-2018 20:48) Posted:
Vote at EGM for vard against delisting 
FattChoi ( Date: 16-Apr-2018 09:50) Posted:
download telegram to your phone or desktop
t.me/vardsg  |
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I have received the proxy form. Who do we specify as the proxy on the proxy form? Thanks.
Vote at EGM for vard against delisting 
FattChoi ( Date: 16-Apr-2018 09:50) Posted:
download telegram to your phone or desktop
t.me/vardsg  |
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Like it or not, make your VOTE counts even if not attending egm by joining Telegram group below
 
shyeo1223 ( Date: 19-Apr-2018 11:34) Posted:
| Only in Singapore whereby the regulators are all sleeping, a company like Vard is allowed to continuously suppress the share price by adopting the same tactics over and over again.  |
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Only in Singapore whereby the regulators are all sleeping, a company like Vard is allowed to continuously suppress the share price by adopting the same tactics over and over again. 
Oil price now 3 yrs high, vote vard not delisted, join here 
rabbitfoot ( Date: 17-Apr-2018 18:30) Posted:
Some may have received Vard proxy form already
rabbitfoot ( Date: 17-Apr-2018 15:32) Posted:
| join now to vote but can' t attend EGM  |
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vard delisting EGM 
rabbitfoot ( Date: 17-Apr-2018 15:32) Posted:
join now to vote but can' t attend EGM 
aquarius101 ( Date: 17-Apr-2018 06:39) Posted:
Proxy form for Delisting proposal can be find here:
https://drive.google.com/file/d/1Y64XYkrY0LPciU32QKnZK3ENumvUTiXs/view?usp=sharing
If you are unable to attend, please join the Telegram group below to arrange for someone to represent your interest:
www.t.me/vardsg |
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Some may have received Vard proxy form already
rabbitfoot ( Date: 17-Apr-2018 15:32) Posted:
join now to vote but can' t attend EGM 
aquarius101 ( Date: 17-Apr-2018 06:39) Posted:
Proxy form for Delisting proposal can be find here:
https://drive.google.com/file/d/1Y64XYkrY0LPciU32QKnZK3ENumvUTiXs/view?usp=sharing
If you are unable to attend, please join the Telegram group below to arrange for someone to represent your interest:
www.t.me/vardsg |
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join now to vote but can' t attend EGM 
aquarius101 ( Date: 17-Apr-2018 06:39) Posted:
Proxy form for Delisting proposal can be find here:
https://drive.google.com/file/d/1Y64XYkrY0LPciU32QKnZK3ENumvUTiXs/view?usp=sharing
If you are unable to attend, please join the Telegram group below to arrange for someone to represent your interest:
www.t.me/vardsg |
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the telegram cannot work lei, 
Proxy form for Delisting proposal can be find here:
https://drive.google.com/file/d/1Y64XYkrY0LPciU32QKnZK3ENumvUTiXs/view?usp=sharing
If you are unable to attend, please join the Telegram group below to arrange for someone to represent your interest:
www.t.me/vardsg
download telegram to your phone or desktop
t.me/vardsg 
Go get &lsquo em 
FattChoi ( Date: 13-Apr-2018 20:55) Posted:
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Vard definitely worth much more than 25c. The share price has been priced down by those dirty italians. We must go and vote agaist the exit offer. 
katak88 ( Date: 13-Apr-2018 19:48) Posted:
The previouse link did not work.  Just copy and paste the below. 
http://infopub.sgx.com/Apps?A=COW_CorpAnnouncement_Content& B=AnnouncementToday& F=X5N6U5D0R8591TYQ& H=2693f4788f867b4c13612796ca6a5443d3b6c5ec284f4220d4dcc7b521f801a6
katak88 ( Date: 13-Apr-2018 19:42) Posted:
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The previouse link did not work.  Just copy and paste the below. 
http://infopub.sgx.com/Apps?A=COW_CorpAnnouncement_Content& B=AnnouncementToday& F=X5N6U5D0R8591TYQ& H=2693f4788f867b4c13612796ca6a5443d3b6c5ec284f4220d4dcc7b521f801a6
katak88 ( Date: 13-Apr-2018 19:42) Posted:
VARD HOLDINGS LIMITED
13-Apr-2018 17:48:26
JOINT ANNOUNCEMENT - DESPATCH OF DELISTING CIRCULAR, EXIT OFFER LETTER AND ACCEPTANCE FORMS
http://infopub.sgx.com/Apps?A=COW_CorpAnnouncement_Content& B=AnnouncementToday& F=X5N6U5D0R8591TYQ& H=2693f4788f867b4c13612796ca6a5443d3b6c5ec284f4220d4dcc7b521f801a6
katak88 ( Date: 13-Apr-2018 19:38) Posted:
Delisting bid for Vard ' not fair, but reasonable' IDs tell shareholders to accept
FRI, APR 13, 2018 - 6:49 PM
 
THE delisting offer for shipbuilder Vard Holdings is not fair, but reasonable, said independent financial adviser CIMB in a report released on Friday.
CIMB' s advice to Vard' s independent directors is to recommend that shareholders either accept the exit offer, or sell their shares on the open market - a conclusion that has been accepted by the independent directors as well.
The majority shareholder of Vard Holdings is making another bid to privatise the shipbuilder after minority shareholders rejected its earlier offer.
Italy' s Fincantieri SpA, which controls more than 80 per cent of Vard, is now offering to buy the remaining shares it does not own at 25 Singapore cents apiece, one cent more than its previous offer made in 2016.
CIMB assessed that the exit offer is not fair, because among other things, the exit offer price is at a discount to net asset value per share, and that the group' s financial performance has improved in fiscal 2017.
But given that Fincantieri already owns some 83 per cent of the shares, and that the market price of the shares since the close of the first offer in 2016 is likely to have been supported by market purchases by Fincantieri, the exit offer is " reasonable" , CIMB said.
The extraordinary general meeting to vote on the delisting will be held on April 30, 2018 at 1pm.
http://www.businesstimes.com.sg/companies-markets/delisting-bid-for-vard-not-fair-but-reasonable-ids-tell-shareholders-to-accept |
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VARD HOLDINGS LIMITED
13-Apr-2018 17:48:26
JOINT ANNOUNCEMENT - DESPATCH OF DELISTING CIRCULAR, EXIT OFFER LETTER AND ACCEPTANCE FORMS
http://infopub.sgx.com/Apps?A=COW_CorpAnnouncement_Content& B=AnnouncementToday& F=X5N6U5D0R8591TYQ& H=2693f4788f867b4c13612796ca6a5443d3b6c5ec284f4220d4dcc7b521f801a6katak88 ( Date: 13-Apr-2018 19:38) Posted:
Delisting bid for Vard ' not fair, but reasonable' IDs tell shareholders to accept
FRI, APR 13, 2018 - 6:49 PM
 
THE delisting offer for shipbuilder Vard Holdings is not fair, but reasonable, said independent financial adviser CIMB in a report released on Friday.
CIMB' s advice to Vard' s independent directors is to recommend that shareholders either accept the exit offer, or sell their shares on the open market - a conclusion that has been accepted by the independent directors as well.
The majority shareholder of Vard Holdings is making another bid to privatise the shipbuilder after minority shareholders rejected its earlier offer.
Italy' s Fincantieri SpA, which controls more than 80 per cent of Vard, is now offering to buy the remaining shares it does not own at 25 Singapore cents apiece, one cent more than its previous offer made in 2016.
CIMB assessed that the exit offer is not fair, because among other things, the exit offer price is at a discount to net asset value per share, and that the group' s financial performance has improved in fiscal 2017.
But given that Fincantieri already owns some 83 per cent of the shares, and that the market price of the shares since the close of the first offer in 2016 is likely to have been supported by market purchases by Fincantieri, the exit offer is " reasonable" , CIMB said.
The extraordinary general meeting to vote on the delisting will be held on April 30, 2018 at 1pm.
http://www.businesstimes.com.sg/companies-markets/delisting-bid-for-vard-not-fair-but-reasonable-ids-tell-shareholders-to-accept |
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