Ocean Sky International

[CityFarmer]

http://info.sgx.com/webcorannc.nsf/Annou...endocument

Book Closure Date of Special Dividend of 1.6cts is on 19 June, 2013.

A question for Buddies:
Based on 1Q2013 Financial Statement, most of asset is Cash (about USD79m), except the rest of USD5.3m is Non-Current asset.

Currently, Elite KSB asset is mainly in cash, and it is a Cash Company.
Why this counter is not designated as Cash Company?

I don't know much about the company, but a quick glance on the fact sheet, NAV = ~23 cents, Cash in hand = ~14 cents, so it is hardly substantially in cash to quality as cash company, isn't it?

(not vested)