Wheelock Properties

[tealeaves]

Wheelock parent specifically didnt say this is their final offer price and did not say that they will not revise upwards unlike ltc. So my guess is their will slowly and gradually see the reception and move the offer price up. If I am the parent(which i own the shares of too), I will also be conservative like them. Nobody does privatization without making a gain for themselves first.

Do note Wheelock prop hk was taken private at 1x book in 2010.

Can i ask whats ltc?

Lion Teck Chiang, another counter that tried to privatise this year.

Thanks for sharing! ;
Sending the vested this call from OCBC, note the word pun, haha "unwheeling" to accept!
https://research.sginvestors.io/2018/07/...07-19.html