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Hmmm...still only a few recent listings on commercial guru selling Bryton House. Guess it's still not officially up for sale yet.
Unsuccessful sale also need some time to 'complete'?
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No need to be officially on sale. Just send the info to some agents and they will market.
But should just call for a proper tender. $27m is not a small amount.
Should bring this up at the coming AGM.
"... but quitting while you're ahead is not the same as quitting." - Quote from the movie American Gangster
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Maybe EHL decided not to sell it anymore?
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Huh? New ID retiring by rotation? Is this common?
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10-07-2013, 06:42 PM
(This post was last modified: 10-07-2013, 07:04 PM by opmi.)
(10-07-2013, 05:51 PM)ngcheeki Wrote: Eastern Holdings AGM/EGM notice is out. One of an interesting resoultion in the AGM is #5. Why Eastern Holdings want to pay director fee in advance?
5. To approve the payment of Directors’ fees of S$60,000.00 for the financial year ending 31 March
2014 to be paid quarterly in advance. (Resolution 5)
http://infopub.sgx.com/Apps?A=COW_Corpor...Notice.pdf
the money is for the 2 IDs. $30k each.
(10-07-2013, 05:56 PM)smallcaps Wrote: Huh? New ID retiring by rotation? Is this common?
BTW these 2 IDs was not around when the alleged offences was committed.
A quick check showed that Managing Director is not subjected to retirement by rotation.
Two directors that has served the longest period since re-election or appointment will be up for rotation.
So it is either Kenneth, Diong or Narayan.
"... but quitting while you're ahead is not the same as quitting." - Quote from the movie American Gangster
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"... but quitting while you're ahead is not the same as quitting." - Quote from the movie American Gangster
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Seems like Grove Residence 2 sold (instead of 3)