CapitaMalls Asia

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(22-05-2014, 01:58 PM)Temperament Wrote:
(22-05-2014, 01:33 PM)lonewolf Wrote: I will hold on to the very end! Big Grin As with all delisting exercise, I usually send in the forms only when it reached the >90% level.

But in this case, I may for the fun of it, hold on to some shares. IIRC you have some shares in unlisted companies too right?
When you have some shares in unlisted companies, what happens then? Like will you still share in the company's earnings year to year by means of dividend payments, etc...?

Some unlisted companies do pay dividend. Some do not. The thing I dislike most about unlisted companies is that you don't know what is happening. No updates. Only send you a set of accounts every year to approve at AGMs.
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(22-05-2014, 04:05 PM)ghchua Wrote: Some unlisted companies do pay dividend. Some do not. The thing I dislike most about unlisted companies is that you don't know what is happening. No updates. Only send you a set of accounts every year to approve at AGMs.

and worst part, can't find buyers
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(22-05-2014, 01:33 PM)lonewolf Wrote:
(22-05-2014, 11:17 AM)ghchua Wrote: Hi lonewolf,

Looks like game over for me. I guess its time for me to throw in the towel too. So long, CMA!

I will hold on to the very end! Big Grin As with all delisting exercise, I usually send in the forms only when it reached the >90% level.

But in this case, I may for the fun of it, hold on to some shares. IIRC you have some shares in unlisted companies too right?

Same here. Smile
Somehow, I am still not happy with their final offer price since I have already waited for >4 years for it to bloom.Big Grin
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the Offeror and its Concert Parties owned, controlled or have agreed to acquire an
aggregate of 3,244,561,875 Shares9
, representing approximately 83.2% of the issued
share capital of CMA.
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I'll wait till the last day to decide whether to accept the offer, which is not a very good offer in my view!
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(23-05-2014, 09:27 PM)Louhan Wrote: I'll wait till the last day to decide whether to accept the offer, which is not a very good offer in my view!
Give the man a tiger!
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This is a situation where patience pays. Why rush unless you are in need to balance your cash flow? Anything can still happens, isn't it? - No matter how remote. Any way the last day of offer (closed on) is 09 June 2014, right?
WB:-

1) Rule # 1, do not lose money.
2) Rule # 2, refer to # 1.
3) Not until you can manage your emotions, you can manage your money.

Truism of Investments.
A) Buying a security is buying RISK not Return
B) You can control RISK (to a certain level, hopefully only.) But definitely not the outcome of the Return.

NB:-
My signature is meant for psychoing myself. No offence to anyone. i am trying not to lose money unnecessary anymore.
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Okie. Will take the advice of all of you out there and hold out until the final day.
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(24-05-2014, 10:29 AM)Temperament Wrote: This is a situation where patience pays. Why rush unless you are in need to balance your cash flow? Anything can still happens, isn't it? - No matter how remote. Any way the last day of offer (closed on) is 09 June 2014, right?

Exactly. There may not be a counter offer. However, shareholders have a right to choose whether to accept the current revised offer. If the offer is not deemed to be compelling, shareholders may not all bite. Can the 90% threshold be breached? Again it is interesting to note that there has consistently been bids above the offer price.
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the Offeror and its Concert Parties owned, controlled or have agreed to acquire an
aggregate of 3,297,114,004 Shares8
, representing approximately 84.6% of the issued
share capital of CMA.
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