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Otto Marine bags Indonesian product tanker order: http://splash247.com/otto-marine-bags-indonesian-product-tanker-order/
I nvr say u dunno lei pls dun anyhow say
Intercept ( Date: 09-Jun-2016 18:53) Posted:
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u think i dunno meh? if u are retailer, u also hope offer fail mah
darocupcake ( Date: 09-Jun-2016 18:49) Posted:
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10% reject means alot retailers must attend then can lei. U think retailers so free to attend? Just hope those SSH reject can liao coz their share % easily 5-10%
Intercept ( Date: 09-Jun-2016 18:41) Posted:
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who cares abt the share price now? most imptly for minority shareholder who sitting on paper losses to reject this horrendous offer. if co stay listed, still got chance for share price to recover. correct or not? thank u for pointing this clause out.
that mtp rule really s---. stock prices let mkt forces decide the best
that mtp rule really s---. stock prices let mkt forces decide the best
nngeeh ( Date: 09-Jun-2016 16:47) Posted:
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Got contact again lei. Prispect good lei
One of the condition for delisting is that " (c) the Delisting Resolution is not voted against by 10% or more of the total number of Shares by Shareholders present" . There is always a possibility that 10% rejected it during the EGM.
What will happen to the share price? The offerer states that they do not intend to revise the offer.
Yew used share holders money to buy all the assets and now he is buying back the company at quarter of the price. These types of transactions must be stopped by sgx. Same is case with CH offshore where PT bought the company for 50 mill cash and see now he will delist from the mkt
sgx queried when price shot up, no query when price shot down ?
why no body counter offer ?
All too easy for company to privatise their companies.
they can play by pressing down price low low and acquire the company.
and they earn this type of dirty money.
Well kama will take care of them.
they can play by pressing down price low low and acquire the company.
and they earn this type of dirty money.
Well kama will take care of them.
Most shares that are depressed will eventually force the hands of the directors to seek privatisation and discuss with potential future buyers who will take over after privatization. SGX is not doing a good job to prevent this sort of things from happening. In fact it is doing the opposite without being too official about it, I think.
falcon energy market cap now 137m owning 86% stake of ch offshore .. ch offshore market cap now 278m ..
So falcon which have a market cap 137m own a stake worth 240m of ch offshore in current market .. ? look ripe for privatising ?
Could it be REX
What next after OTTO privatise?
All too easy for company to privatise their companies.
they can play by pressing down price low low and acquire the company.
and they earn this type of dirty money.
Well kama will take care of them.
they can play by pressing down price low low and acquire the company.
and they earn this type of dirty money.
Well kama will take care of them.
What happen if share price nw shoot abv 32c? Hope some bb push it up higher than the offer price
darocupcake ( Date: 09-Jun-2016 08:07) Posted:
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He there sure tio blast y so low still accept
Observers ( Date: 09-Jun-2016 07:48) Posted:
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Wonder if the Chairman will be present for the EGM. Didn' t manage to catch him during the recent AGM.
Otto Marine plans to delist from the Singapore Exchange: http://splash247.com/otto-marine-to-delist-from-the-singapore-exchange/