25-10-2012, 11:37 AM
(24-10-2012, 09:02 PM)CityFarmer Wrote: The de-listing offer of Cerebos Pacific goes unconditional. It is consider done deal
http://info.sgx.com/webcoranncatth.nsf/V...10046CD2E/$file/Unconditional_Announcement_and_Level_of_Acceptances_Announcement.pdf?openelement
Yesterday is my 1st time ever attend any EGM or AGM, anyway the delisting still pass through and very pathetic vote against it.
Now i am seriously thinking the option of becoming the private shareholder of this co, provided the compulsory acquisition condition is not met. (90% acceptance of exit offer). Partly also because i can't any other comparable consumer stock in SGX and such pity to give the shares away.
Understand the private shareholder still enjoying the dividend, owning the share cert. But i am wondering is the worth the trouble owning privately, and i not too sure about any issues. (where i will never know the share price, unable to sell until someone offers).
Anyone can share with me any merits or issues becoming private shareholder?