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Follow your own dreams, Eagles are highly independent
Eagle88 ( Date: 21-Nov-2024 17:25) Posted:
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Dun buy those ipo. Too much hype
Buy at a lower price if good
Buy at a lower price if good
bernardc ( Date: 21-Nov-2024 17:18) Posted:
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Wonder where AC Lim will be after delisting of DM. He is multi-millionaires by now !!! I will follow him to any company that he is going if he still wants to work for others !!! LOL
Any one bought the IPOs in sgx?
Do t even know they exist..
Recently sgx announcement..have all sorts of foreign coy announcing news..in sgx..what's that's for??..tell us to buy those foreign sticks??
MrBear12 ( Date: 21-Nov-2024 16:39) Posted:
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Give them 1 year.
Else we go elsewhere to raise capital
Else we go elsewhere to raise capital
sweet639 ( Date: 21-Nov-2024 16:37) Posted:
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SGX need time to change, No mirecal in near future.
MrBear12 ( Date: 21-Nov-2024 12:11) Posted:
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Change will come
The only constant is change
Hope for the better
The only constant is change
Hope for the better
stlimst ( Date: 21-Nov-2024 11:55) Posted:
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Yes, SGX is part of our life.
And this part has to change.
Good thing the authorities finally understand the need to change (for the better, I hope).
But until the change takes place, we still have to bear with this not-so-good part of life.
Sigh!
And this part has to change.
Good thing the authorities finally understand the need to change (for the better, I hope).
But until the change takes place, we still have to bear with this not-so-good part of life.
Sigh!
MrBear12 ( Date: 21-Nov-2024 11:25) Posted:
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Isn' t SGX part of of our life?
And a large part??
And a large part??
stlimst ( Date: 21-Nov-2024 11:23) Posted:
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That' s not life...that' s SGX!!!
MrBear12 ( Date: 21-Nov-2024 11:17) Posted:
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Thats life.
Just be content we got some part of the deal.
Those greedy ones will be paid in full
Just be content we got some part of the deal.
Those greedy ones will be paid in full
GreenSprout ( Date: 21-Nov-2024 11:15) Posted:
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Dyna-Mac loses free float offeror to exercise right of compulsory acquisition
Hanwha intends to take the company private
THE offeror of Dyna-Mac : NO4 0%, Hanwha Ocean SG, will make a compulsory acquisition of the company&rsquo s shares, it said on Wednesday (Nov 20) morning.
As at 6 pm on Tuesday, the offeror and its concert parties owned, controlled, or agreed to acquire a total of about 1.2 billion shares.
This represents around 92.2 per cent of the total number of Dyna-Mac&rsquo s issued shares.
In September, Hanwha launched a voluntary conditional cash offer to take management control of Dyna-Mac at an offer price of S$0.60 per share. This was raised in October to a final offer price of S$0.67 apiece.
Hanwha&rsquo s offer turned unconditional in all respects on Nov 15.
As more than 90 per cent of Dyna-Mac&rsquo s shares have been or will be acquired, it no longer satisfies the Singapore Exchange&rsquo s free-float requirement, which requires companies to have a minimum of 10 per cent of their shares held in public hands.
This means that Hanwha can take the offshore oil and gas contractor private and compulsorily acquire all of Dyna-Mac&rsquo s shares, which it intends to do.
The offer will remain open for acceptance until 5.30 pm on Wednesday, after which acceptances will be rejected.
4. SETTLEMENT
4.1 Shareholders who have accepted the Offer. Shareholders who have validly accepted the Offer on or before the date of the Unconditional Announcement (the &ldquo Unconditional Date&rdquo ) are not required to take any further action in relation to the Offer and can expect to receive payment within seven (7) Business Days after the Unconditional Date for the Offer Shares which they have tendered in acceptance of the Offer.
Unconditional Date: 15 Nov 2024
7 business days will be 26 Nov 2024
So, latest by next Tues, will get payout.
4.1 Shareholders who have accepted the Offer. Shareholders who have validly accepted the Offer on or before the date of the Unconditional Announcement (the &ldquo Unconditional Date&rdquo ) are not required to take any further action in relation to the Offer and can expect to receive payment within seven (7) Business Days after the Unconditional Date for the Offer Shares which they have tendered in acceptance of the Offer.
Unconditional Date: 15 Nov 2024
7 business days will be 26 Nov 2024
So, latest by next Tues, will get payout.
Hope GEO will be the next take over Company by foreigner.otherwise its price can not move
kepoh88 ( Date: 20-Nov-2024 22:40) Posted:
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What do you expect with our world class SGX!
kepoh88 ( Date: 20-Nov-2024 22:40) Posted:
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Congratulation to Singapore for losing another company to foreigner
Game over liow they get 95.15%...don't need to fight the last 5% will be all makan up by force already !
Delisted ?
Now the issue is when they will pay
In the latest announcement, they will compulsory acquire the shares:
3.2 4. Dissenting Shareholders' rights under Section 215(3) of the Companies Act As the Offeror has received valid acceptances pursuant to the Offer which, together with the Shares held by the Offeror, its related corporations and their respective nominees, comprise 90% or more of the total number of issued Shares, the Dissenting Shareholders will have the right under and subject to Section 215(3) of the Companies Act, to require the Offeror to acquire their Shares at the Final Offer Price.
As the Offeror will be proceeding to compulsorily acquire the Shares of the Dissenting Shareholders, the Dissenting Shareholders need not take any action in relation to their right under Section 215(3) of the Companies Act. The Dissenting Shareholders who wish to exercise such right or who are in any doubt as to their position are advised to seek their own independent legal advice.
3.2 4. Dissenting Shareholders' rights under Section 215(3) of the Companies Act As the Offeror has received valid acceptances pursuant to the Offer which, together with the Shares held by the Offeror, its related corporations and their respective nominees, comprise 90% or more of the total number of issued Shares, the Dissenting Shareholders will have the right under and subject to Section 215(3) of the Companies Act, to require the Offeror to acquire their Shares at the Final Offer Price.
As the Offeror will be proceeding to compulsorily acquire the Shares of the Dissenting Shareholders, the Dissenting Shareholders need not take any action in relation to their right under Section 215(3) of the Companies Act. The Dissenting Shareholders who wish to exercise such right or who are in any doubt as to their position are advised to seek their own independent legal advice.
MrBear12 ( Date: 20-Nov-2024 09:00) Posted:
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