Sound Global

(24-07-2013, 11:28 PM)tonyking Wrote:

(09-07-2013, 10:46 AM)CityFarmer Wrote:

(08-07-2013, 09:56 AM)tonyking Wrote: 5 July 13's Sound Global SGX Announcement

Any views on Sound Global's 5 July 13's announcement? looks like Wen Yibo is making preparations to delist the company, does the announcement means, pardon me if I interpreted wrongly, basically it converted its bonds and warrants into shares, about 22.3% (bonds) and 0.7% (warrants), thus with reference to page 3 of 28 June's notice (attached), Wen Yibo and his concerted party's 56.20%, they now have control of est. 79.2% of entire Sound Global's shareholding.

Well, I read the announcement.

The announcement is about Sound Water, the controlling shareholder of Sound Global.

It is an update on the issue of senior notes and warrants, rather than converting and exercising them.

(vested)

"Share charge" not like "intent" to convert, but not yet or rather merely booking e %of shares that maybe converted?
Neck very long le leh, still no update from Wen Yibo...

Patience is the rule of the game here...

Would $0.70 be enough to entice minority shareholders and meet the requirement to delist?

(26-07-2013, 11:10 AM)kelvesy Wrote: Would $0.70 be enough to entice minority shareholders and meet the requirement to delist?

Think e analysts input will say e stock past 2 yrs trading price has never exceeds $0.70. Most are for short term profit so will take. I am only concerned the next 2 institutions that own 5%+, they may not bite coz they can see e existing BOT projects are going to yield some cashflow in coming years...

I only hoped those 2 if die die wan e shares can go tk e money n buy over HK side which is still low.

The GO from Mr. Wen on Sound Global is slightly different from other GOs...IMO

- Sound Global is dual primary listed on SGX and HKEX, with principal registrar in Singapore, and a brand registrar in HK.
- The delisting offered only on SGX, and HKEX listing will continue.

(vested)

Picked up more in the last 2 days, amid the exit offer proposal...

(vested)

(31-07-2013, 05:02 PM)CityFarmer Wrote: Picked up more in the last 2 days, amid the exit offer proposal...

(vested)

Y farmer so confident that the CEO will really delist sg listing?

(31-07-2013, 05:35 PM)desmondxyz Wrote:

(31-07-2013, 05:02 PM)CityFarmer Wrote: Picked up more in the last 2 days, amid the exit offer proposal...

(vested)

Y farmer so confident that the CEO will really delist sg listing?

I am confident that the acquired price is under-value, regardless of the exit offer.

what is the difference between acquired and exit prices here?

The winning of BOT projects continue...

SOUND GLOBAL WON THE BID FOR THE SECOND SEWAGE TREATMENT PLANT IN FUQING CITY, FUJIAN PROVINCE, THE PRC AND THE SEWAGE TREATMENT PLANT (BOT) PROJECT IN GAOSHANZHEN AND YUXIZHEN OF FUQING CITY FOR RMB 350 MILLION

http://infopub.sgx.com/Apps?A=COW_Corpor...fpn3Y3Dmss

SOUND GLOBAL ENTERED INTO CONTRACT FOR THE PHASE TWO CONSTRUCTION OF THE XINGPING CITY SEWAGE TREATMENT PLANT (BOT) PROJECT

http://infopub.sgx.com/Apps?A=COW_Corpor...fpn8Y3Dmss

The BOD of the company extended the Half year report announcement, pending for an audit (amended). It is required by take-over code.

----
The Board of Directors (the "Board") of the Company wishes to announce that the SGX-ST had, on 6 August 2013, granted the Company an extension of time from the Deadline to 30 August 2013 to release the Second Quarter Results.

http://infopub.sgx.com/FileOpen/SGL_Ann_...eID=251251