Genting HK USD   

Fair price for Genting HK is US$0.45

Should have sold all my genting hk and buy cryptos when it's prices was not moving yet , Big mistake to invest in genting

 

This rubbish counter genting hk keep falling for the past 10+ years

 

I couldn't attend the current agm , when the next agm of getting HK comes , next year , l will flew in to attend the meeting , and make sure l lambaste this lkt , "gau gau "

sunter      ( Date: 30-Nov-2019 06:59) Posted: There was a special general meeting in HK on 19 December 4 pm , AGM meeting not sure yet .

 

There are times in the past that l feel that genting HK income from the sales of getting HK shares and also the sales of Norwegian lines has become the money of lkt personal and Not genting HK as a whole ,if it has , then he has deprived the minorities shareholders of their earning , thus causing the shared prices to plunge for the last 6 years

 

There was a special general meeting in HK on 19 December 4 pm , AGM meeting not sure yet .

 

There is an AGM meeting in Singapore? Or only in HK?

 

In a Japanese situation , the 5 years price trench of genting HK , this lkt being chairman would have to kamikaze for his failure

 

Which authority can we write in to address our concern. Its now listed in Hongkong.

 

Most shareholders of genting hk are piss of with lim kok thai , genting hk was making billions of dollars disposing their share in Norwegian cruise shares , and ordinary shareholders are not rewarded , where are the billions gone ? Why was huge profit not pass down to shareholders , if it was for investment , it never reflect in the prices of genting hk .

 

All these act of God , and the flooding in genting premium outlet is a sign that will teach a lesson to this lim` s not to be so stingy and treat their shareholders fairy

 

Totally agree - it would be Sentosa bid round 2... where Gens and GenHK teamed up

Eddyson      ( Date: 21-Jun-2019 21:11) Posted: Keep this for Japan bidding, should be involve as cruise is a must in Japan especially in Yokohama & Osaka. Maybe dual list in New York, that would be a plus point.

 

Keep this for Japan bidding, should be involve as cruise is a must in Japan especially in Yokohama & Osaka.

Maybe dual list in New York, that would be a plus point.

 

Lim Kok Thay never treated his share holders well , you can study the history of Genting shares and it's dividend yield from the very beginning until todate , his son Kim Keong hui could be even worst , no dividend for the first time becoming deputy CEO of Genting HK

 

Genting HK falling prices every week , and failing dividend , money from sales of share inNorwegian shipping line gone where ?

 

what a great differences, genting hk has drop from 140 to 115 hk dollars since july to now , as compare to yzj shipbuilding the prices rise from 85c sgd to 120 sgd current prices , both are in shipping business

 

Will this happen to GHK ?

Melco Philippines delisting adds flexibility

The plan to delist shares of Melco Resorts and Entertainment (Philippines) Corp &ldquo should be viewed favourably&rdquo as it might reduce some of the complexity in the business structure of the group, says Sanford C. Bernstein Ltd in a Monday note.

Melco Resorts Philippines, a unit of Asian casino developer Melco Resorts and Entertainment Ltd, operates the City of Dreams Manila casino resort (pictured).

The Philippine unit  announced on Monday  that its board had authorised its voluntary delisting from the Philippine Stock Exchange. MCO Philippines Investments Ltd, the firm&rsquo s major investor, intends to conduct a tender offer for just over 1.54 billion shares held by the public &ndash representing approximately 27.23 percent of the outstanding capital stock of Melco Resorts Philippines &ndash at a tender offer price of PHP7.25 per share, at an aggregate cost of nearly PHP11.19 billion (US$208.1 million) if fully executed.

&ldquo The tender price reflects a 17 percent premium to the closing price on Friday September 7 and a 14 percent premium over the prior three-month volume weighted average price of Melco Resorts Philippines shares,&rdquo said Sanford Bernstein analysts Vitaly Umansky, Zhen Gong and Kelsey Zhu. &ldquo We view this as a very favourable price,&rdquo they added.

While the tender price is at a premium to recent trading, it is a nearly 21-percent discount to the highest price reached this year, in January, at PHP9.17.

Monday&rsquo s filing from Melco Resorts Philippines provided no explanation for its plan to delist its shares.

&ldquo The consummation of the transaction should be viewed favourably as it will reduce some of the complexity in Melco Resorts by eliminating a publicly-traded affiliate with limited liquidity and allow Melco Resorts more flexibility in further growing the Philippines business,&rdquo said the Sanford Bernstein team.

City of Dreams Manila was developed in cooperation with Premium Leisure Corp, a subsidiary of Belle Corp, the gaming and real estate unit controlled by the Sy family &ndash widely regarded as the wealthiest family in the Philippines.

Information on the tender offer would be filed with the country&rsquo s Securities and Exchange Commission &ldquo on or around&rdquo September 17, stated Monday&rsquo s filing.

According to Sanford Bernstein, the Philippines generally requires 95 percent of shares to be held prior to delisting, &ldquo but if the company proves that it has made best efforts to acquire the residual shares, a delisting may still be allowed&rdquo .

 

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soul9110      ( Date: 05-Sep-2018 12:20) Posted: Thanks master. May I know how ex. rate converted by DBS? too bad..I have another USD cheque an amount USD250 deposited to OCBC...its cleared...credited amount only SGD100!..its really shock me~! mcmcyy      ( Date: 04-Sep-2018 21:27) Posted: you can try DBS, my cheque dividend is USD60 only, banked in to OCBC got returned and said insufficient fund for the clearing charges, then banked in to DBS savings account and got cleared, their charges is only about SGD14

 

Thanks master. May I know how ex. rate converted by DBS? too bad..I have another USD cheque an amount USD250 deposited to OCBC...its cleared...credited amount only SGD100!..its really shock me~!

mcmcyy      ( Date: 04-Sep-2018 21:27) Posted: you can try DBS, my cheque dividend is USD60 only, banked in to OCBC got returned and said insufficient fund for the clearing charges, then banked in to DBS savings account and got cleared, their charges is only about SGD14. soul9110      ( Date: 03-Sep-2018 09:21) Posted: Master, My cheque being bouce back said the cheque amount dun even cover the bank charges...my cheque amount USD100. Why? Is there bank charges so much as such  USD100? Can any master advise? thank you.

 

you can try DBS, my cheque dividend is USD60 only, banked in to OCBC got returned and said insufficient fund for the clearing charges, then banked in to DBS savings account and got cleared, their charges is only about SGD14.

soul9110      ( Date: 03-Sep-2018 09:21) Posted: Master, My cheque being bouce back said the cheque amount dun even cover the bank charges...my cheque amount USD100. Why? Is there bank charges so much as such  USD100? Can any master advise? thank you.

 

l m wandering , how many singaporeans still hold this shares , genting hk ?