Eastern Holdings

[opmi]

Can pre trial for quite long. Like hiap hoe case. At least 6 months.

Best is to have a settlement. No need go trial.

[smallcaps]

Thanks. Ya if drag on cannot put up for sale.

Meanwhile, ST continues his persistent buying at the magical price. He missed the last batch at 24.5 cents yesterday. Someone was faster than his broker :]

[smallcaps]

Seems the Hoy Fatt pre trial was last Tues, 20 Aug, regarding OTP:

http://webcache.googleusercontent.com/se...clnk&gl=sg

And here's 2 Hoy Fatt pre-trials this coming wed (2nd one is the other way round regarding 'Specific Performance').

http://webcache.googleusercontent.com/se...clnk&gl=sg

[opmi]

Seems the Hoy Fatt pre trial was last Tues, 20 Aug, regarding OTP:

http://webcache.googleusercontent.com/se...clnk&gl=sg

And here's 2 Hoy Fatt pre-trials this coming wed (2nd one is the other way round regarding 'Specific Performance').

http://webcache.googleusercontent.com/se...clnk&gl=sg

'Specific Performance' - means Eastern wants the Court to get the buyer to complete the transaction.

[smallcaps]

Seems the Hoy Fatt pre trial was last Tues, 20 Aug, regarding OTP:

http://webcache.googleusercontent.com/se...clnk&gl=sg

And here's 2 Hoy Fatt pre-trials this coming wed (2nd one is the other way round regarding 'Specific Performance').

http://webcache.googleusercontent.com/se...clnk&gl=sg

'Specific Performance' - means Eastern wants the Court to get the buyer to complete the transaction.

Interesting term to use... thought would ask for compensation, instead try to get the sale to complete. Price too good to lose it?

[opmi]

Seems the Hoy Fatt pre trial was last Tues, 20 Aug, regarding OTP:

http://webcache.googleusercontent.com/se...clnk&gl=sg

And here's 2 Hoy Fatt pre-trials this coming wed (2nd one is the other way round regarding 'Specific Performance').

http://webcache.googleusercontent.com/se...clnk&gl=sg

'Specific Performance' - means Eastern wants the Court to get the buyer to complete the transaction.

Interesting term to use... thought would ask for compensation, instead try to get the sale to complete. Price too good to lose it?

'Specific performance' is one of the legal remedies under Contract Law. Basically wants the other party to follow thru with the transaction.

[smallcaps]

Looks like ST's magic price has been up-ed to 25 cents:

2013-09-04 : 362 lots @ 25.0 cents
2013-08-30 : 50 lots @ 24.5 cents
2013-08-28 : 241 lots @ 24.5 cents
2013-08-21 : 45 lots @ 24.5 cents
2013-08-20 : 162 lots @ 24.5 cents
2013-08-16 : 155 lots @ 24.5 cents
2013-08-13 : 12 lots @ 24.5 cents
2013-08-12 : 64 lots @ 24.5 cents
2013-08-06 : 273 lots @ 24.5 cents
2013-08-05 : 31 lots @ 24.5 cents
2013-08-02 : 212 lots @ 24.5 cents
2013-07-31 : 165 lots @ 24.2 cents

[brattzz]

"Mr Lum Kum Kuen ("Mr Lum") 40 yrs old, has an in-depth knowledge of Eastern Holdings Ltd (the "Company", and its subsidiaries, the "Group"), having been with the Group for more than 2 years. The Board has, following its review of Mr Lum's qualifications and experience and the recommendation of the Nominating Committee, confirmed and approved his appointment in the Company as an Executive Director."

[smallcaps]

Minorities asked for one more ID...
End up its one more ED...

---

Btw, wats the difference btw Group ED and just ED?

[smallcaps]

Didn't realize Bryton House is already rented out? Have not been there since quite long ago...

http://www.interior-affairs.com.sg/contact.html

12 Hoy Fatt Road, Bryton House,
#02-01 Singapore 159506

Seems like got some promotion going on now.

Accordingly to these 2 ads on commercialguru, 2nd & 3rd floor rented out for total of 61k pm:

http://www.commercialguru.com.sg/listing...yton-house
http://www.commercialguru.com.sg/listing...yton-house

It is also peculiar why got these 2 ads selling Bryton...