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Maybe it is easier for SGX to have application withdrawn than to reject it.
I feel that SGX, like SIAS dont have really have much bite....esp for BVI S-chips ...
"... but quitting while you're ahead is not the same as quitting." - Quote from the movie American Gangster
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There's a big buy queue (> 10 mil) probably from the offeror continue to mop up shares.
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(22-10-2013, 11:27 AM)opmi Wrote: Maybe it is easier for SGX to have application withdrawn than to reject it.
I feel that SGX, like SIAS dont have really have much bite....esp for BVI S-chips ...
Is it difficult for SGX to reject the extension? Else become a rubber stamping process?
Before you speak, listen. Before you write, think. Before you spend, earn. Before you invest, investigate. Before you criticize, wait. Before you pray, forgive. Before you quit, try. Before you retire, save. Before you die, give. –William A. Ward
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Has anyone been paid for the exit offer?
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18-11-2013, 08:53 AM
(This post was last modified: 18-11-2013, 09:06 AM by opmi.)
FINALLY OFFER CLOSING.
http://infopub.sgx.com/FileOpen/SynearFo...eID=264810
SGX finally showing some backbone. Made PRCs and
Bankers give statutory declarations (Som Pah). Making the bankers accountable.
Bankers cannot hide like the PRCs.
LIKE!
Hope SGX can do more for minority shareholders. SGX wake up after bo chap by China Sky.
Now SGX should make IFAs and IDs up their standards.
BTW, I think there are some shareholders actively engaging SGX on this delisting offer. Saw them at the last AGM. So KP at AGM/EGM works.
IF dont KP, nobody will do anything.
Vested for delisting & (RELISTING or Wallpaper) play.
"... but quitting while you're ahead is not the same as quitting." - Quote from the movie American Gangster
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So should we minority holders ACCEPT or REJECT or already compulsorily accepted by them without doing anything?
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(18-11-2013, 04:02 PM)buaypangsai Wrote: (18-11-2013, 08:53 AM)opmi Wrote: FINALLY OFFER CLOSING.
http://infopub.sgx.com/FileOpen/SynearFo...eID=264810
SGX finally showing some backbone. Made PRCs and Bankers give statutory declarations (Som Pah). Making the bankers accountable.
Bankers cannot hide like the PRCs. LIKE!
Hope SGX can do more for minority shareholders. SGX wake up after bo chap by China Sky.
Now SGX should make IFAs and IDs up their standards.
BTW, I think there are some shareholders actively engaging SGX on this delisting offer. Saw them at the last AGM. So KP at AGM/EGM works.
IF dont KP, nobody will do anything.
Vested for delisting & (RELISTING or Wallpaper) play.
yes. finally. but som pah got use meh
Got. Give fake statutory declaration can go jail. Got money also cannot help you.
SGX can use penal code to whack. Better than SFA.
"... but quitting while you're ahead is not the same as quitting." - Quote from the movie American Gangster
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(18-11-2013, 04:06 PM)hh488 Wrote: So should we minority holders ACCEPT or REJECT or already compulsorily accepted by them without doing anything?
Up to you.
I am keeping small amount to bet on relisting in HK like want want. If no relisting, will use as very expensive wallpaper.
"... but quitting while you're ahead is not the same as quitting." - Quote from the movie American Gangster