Cacola   

Cacola

 

IMHO, focus on the exit offer. The only party that can help the miniority and retail shareholders is SGX in pressurising a reasonable offer if theres any money left in the company bank account.  You will never gather 51 percent voting rights. Last year they issued 1 billion shares to debtors on debt to equity conversions. These debtors like us who vested curse and swear by now. I doubt theres any value in the fatory, just look thru their past annual reports, no photos of factory and products and report number of holding empolyees. Very hard to say whether the CHina  factory is functioning properly. One thing  you might  note is for the past three years they have raised millions in placement and loans for RTO expenses, I dont know whether you can ask  if theres any left behind? 

 

 

 

 

 

nakhoda      ( Date: 04-Apr-2017 09:12) Posted: im trying to gather at least 51% shareholding. i therefore urged fellow shareholders that have not pm me to do so and indicate in your msg: - number of shares - email/handphone   thank you

 

935,934,012 shares. im trying to gather shareholders with at least this number of shares.

Just4win      ( Date: 04-Apr-2017 09:16) Posted: How much is 51% holding? looks quite tough leh nakhoda      ( Date: 04-Apr-2017 09:12) Posted: im trying to gather at least 51% shareholding. i therefore urged fellow shareholders that have not pm me to do so and indicate in your msg: - number of shares - email/handphone   thank you

 

How much is 51% holding? looks quite tough leh

nakhoda      ( Date: 04-Apr-2017 09:12) Posted: im trying to gather at least 51% shareholding. i therefore urged fellow shareholders that have not pm me to do so and indicate in your msg: - number of shares - email/handphone   thank you

 

im trying to gather at least 51% shareholding. i therefore urged fellow shareholders that have not pm me to do so and indicate in your msg:

- number of shares

- email/handphone

 

thank you

 

Got, another Independent Director resign. Left those executives behind. You can always call SGX to enquire the status of the company.

steven1976      ( Date: 03-Apr-2017 23:43) Posted: 1143pm. Totally no news . .

 

1143pm. Totally no news . .

 

Maybe the below chronological order?

1. They need announce the exit offer by today

2. The share will remain suspended until completion of the announced exit offer. After which, it will be delisted

 

" Trading in the Company' s securities will continue until 5.05pm, 31 March 2017 and the trading will remain suspended from 9 am, 3 April 2017 until completion of the exit offer."   It doesn' t mean  that the company needs announce an exit offer by 3 April 2017......

Royalpower      ( Date: 03-Apr-2017 16:32) Posted: ????? U r so funny. dragon123      ( Date: 03-Apr-2017 15:45) Posted: The company has announced on 6 March that " Trading in the Company&rsquo s securities will continue until 5.05pm, 31 March 2017 and the trading will remain suspended from 9 am, 3 April 2017 until completion of the exit offer" . Pls read announcements carefully.

 

????? U r so funny.

dragon123      ( Date: 03-Apr-2017 15:45) Posted: The company has announced on 6 March that " Trading in the Company&rsquo s securities will continue until 5.05pm, 31 March 2017 and the trading will remain suspended from 9 am, 3 April 2017 until completion of the exit offer" . Pls read announcements carefully.  Royalpower      ( Date: 03-Apr-2017 15:32) Posted: They are served the delist notification on 3rd March.. please ready the announcement they are reqquired to submit the exit offer proposal within a month by 3rd April, which is today. In the Notification, the SGX-ST has informed the Company, inter alia, that : (i) the SGX-ST will proceed to delist the Company from the Mainboard of the SGX-ST on 3 April 2017 and (ii) the Company is to advise the SGX-ST of the exit offer proposal (?Proposal?) no later than one month from the date of the Notification

 

The company has announced on 6 March that " Trading in the Company&rsquo s securities will continue until 5.05pm, 31 March 2017 and the trading will remain suspended from 9 am, 3 April 2017 until completion of the exit offer" . Pls read announcements carefully. 

Royalpower      ( Date: 03-Apr-2017 15:32) Posted: They are served the delist notification on 3rd March.. please ready the announcement they are reqquired to submit the exit offer proposal within a month by 3rd April, which is today. In the Notification, the SGX-ST has informed the Company, inter alia, that : (i) the SGX-ST will proceed to delist the Company from the Mainboard of the SGX-ST on 3 April 2017 and (ii) the Company is to advise the SGX-ST of the exit offer proposal (?Proposal?) no later than one month from the date of the Notification. dragon123      ( Date: 03-Apr-2017 12:38) Posted: Not correct. They no need to announce exit offer by today. Suspension sicnce today till when they work out an exit offer...

 

Royalpower      ( Date: 03-Apr-2017 15:32) Posted: They are served the delist notification on 3rd March.. please ready the announcement they are reqquired to submit the exit offer proposal within a month by 3rd April, which is today. In the Notification, the SGX-ST has informed the Company, inter alia, that : (i) the SGX-ST will proceed to delist the Company from the Mainboard of the SGX-ST on 3 April 2017 and (ii) the Company is to advise the SGX-ST of the exit offer proposal (?Proposal?) no later than one month from the date of the Notification. dragon123      ( Date: 03-Apr-2017 12:38) Posted: Not correct. They no need to announce exit offer by today. Suspension sicnce today till when they work out an exit offer...

 

The factory is in china which is a subsidiary of a Cayman island company. The legal representatives can transfer the ownership of the factory to another person. So u r shareholder to a Cayman island company with nothing. If they move this step.

tankookoo      ( Date: 03-Apr-2017 14:18) Posted: Can they dun offer and continue the business as usual even after delist from SGX? We become private shareholders? dragon123      ( Date: 03-Apr-2017 12:38) Posted: Not correct. They no need to announce exit offer by today. Suspension sicnce today till when they work out an exit offer...

 

They are served the delist notification on 3rd March.. please ready the announcement they are reqquired to submit the exit offer proposal within a month by 3rd April, which is today.

In the Notification, the SGX-ST has informed the Company, inter alia, that : (i) the SGX-ST will proceed to delist the Company from the Mainboard of the SGX-ST on 3 April 2017 and (ii) the Company is to advise the SGX-ST of the exit offer proposal (?Proposal?) no later than one month from the date of the Notification.

dragon123      ( Date: 03-Apr-2017 12:38) Posted: Not correct. They no need to announce exit offer by today. Suspension sicnce today till when they work out an exit offer... Royalpower      ( Date: 03-Apr-2017 11:21) Posted: By today they have to provide a reasonable offer to SGX for approval. If you don't see any announcement by today on the exit offer. Means no offer. No need good luck anymore, can write off your investment. Because the asset is in china and controlling shareholder also foreigner. Singapore authority has no jurisdiction over there.

 

Don' t know. Just wait since  share holders  cannot do anything now except for waiting......

tankookoo      ( Date: 03-Apr-2017 14:18) Posted: Can they dun offer and continue the business as usual even after delist from SGX? We become private shareholders? dragon123      ( Date: 03-Apr-2017 12:38) Posted: Not correct. They no need to announce exit offer by today. Suspension sicnce today till when they work out an exit offer...

 

Can they dun offer and continue the business as usual even after delist from SGX? We become private shareholders?

dragon123      ( Date: 03-Apr-2017 12:38) Posted: Not correct. They no need to announce exit offer by today. Suspension sicnce today till when they work out an exit offer... Royalpower      ( Date: 03-Apr-2017 11:21) Posted: By today they have to provide a reasonable offer to SGX for approval. If you don't see any announcement by today on the exit offer. Means no offer. No need good luck anymore, can write off your investment. Because the asset is in china and controlling shareholder also foreigner. Singapore authority has no jurisdiction over there.

 

Not correct. They no need to announce exit offer by today. Suspension sicnce today till when they work out an exit offer...

Royalpower      ( Date: 03-Apr-2017 11:21) Posted: By today they have to provide a reasonable offer to SGX for approval. If you don't see any announcement by today on the exit offer. Means no offer. No need good luck anymore, can write off your investment. Because the asset is in china and controlling shareholder also foreigner. Singapore authority has no jurisdiction over there. ysh2006      ( Date: 03-Apr-2017 08:40) Posted: Ya loh But no say of exit offer lah....

 

suspend only right, not delist yet...??maybe can un-suspended?

 

Really dont understand whether SGX helping or what......

This is how SGX safeguard investor?

 

Than Sgx did small investors no good...why so hurry make them close shop...during last AGM EGM for right issue approval CEO had said he got plenty ideas to unlock investor values ....give them some times at least salt fish can turn over mah...if now we small investors all lost loh..

Royalpower      ( Date: 03-Apr-2017 11:21) Posted: By today they have to provide a reasonable offer to SGX for approval. If you don't see any announcement by today on the exit offer. Means no offer. No need good luck anymore, can write off your investment. Because the asset is in china and controlling shareholder also foreigner. Singapore authority has no jurisdiction over there. ysh2006      ( Date: 03-Apr-2017 08:40) Posted: Ya loh But no say of exit offer lah....

 

By today they have to provide a reasonable offer to SGX for approval. If you don't see any announcement by today on the exit offer. Means no offer. No need good luck anymore, can write off your investment. Because the asset is in china and controlling shareholder also foreigner. Singapore authority has no jurisdiction over there.

ysh2006      ( Date: 03-Apr-2017 08:40) Posted: Ya loh But no say of exit offer lah.... steven1976      ( Date: 03-Apr-2017 07:48) Posted: Has been announced liao. Confirmed suspension