Keppel Land

[GFG]

Hehe, I also in CK Tang, Jurong Cement, Gen Mag, Goodwood Park, Giant Wireless and so many uncountable counters... all wroteoff liao...

Some good and mostly bad... I don't quite bother liao but enjoying the process.

Actually, I am also squatting on some listed "pte" co waiting for further values to be unlocked like HPL... most of these cos must be asset heavy and values to be unlocked as a pte delisted co.

No Worries

Odd lot SHs can be a pain in the neck of the major SH. Just look at CK Tang.

How so?
CK Tang the major SH wanted to buy out to own 100%
If the major SH doesn't want to, what exactly can the minorities do in a private company?

Just to emphasize, I m not saying being minority in a pte company is necessarily bad.
My point is, it's a different ball game altogether
You have no control and are relying on the major SH to be capable AND honest
If you think as a minority in a pte company, you can "have a say" or "create problems for management", that's wishful thinking

I am a owner of a pte company, and I can't even begin to list the number of ways I can screw up my minority SH if I decide to
Eg. Increase management remuneration, issue stock at the opportune time for management to dilute minority, pay "management fees" for units that were previously already under the current job scope, interested party transactions with other companies owned by allies or relatives etc
The list goes on.
All of which the minority has no power to stop

Not saying this will happen for keppel and again, not saying it's necessarily bad for minority
Just saying you have to understand its a different ball game