China Merchants Holdings Pacific

Thread Rating:
  • 0 Vote(s) - 0 Average
  • 1
  • 2
  • 3
  • 4
  • 5
I just checked my CDP online and confirmed that my shares have been transferred on Tuesday. I posted my acceptance last Friday afternoon. Looks like it take 3-4 working days for the whole process.

Excluding dividends, my profit is about 20%. Nothing to crow about but I am grateful. I came to know of this stock through VB. Thanks all VBuddies who contributed to the discussion, particularly Nick, CF, GG, Jacmar for sharing your knowledge so generously. *bow*
Reply
(29-06-2016, 10:32 PM)jealv Wrote: As I have accept the offer. When will we get the money?

Just checked my bank account and the money is in already. Thank you Comrade CMPH for the ride.

Now that my elephant gun is loaded, on the look out to pull the trigger. Shall I go for Yield , growth or wait n see. Hmmmm, tough decisions.
Reply
(01-07-2016, 02:29 PM)Jacmar Wrote:
(29-06-2016, 10:32 PM)jealv Wrote: As I have accept the offer. When will we get the money?

Just checked my bank account and the money is in already. Thank you Comrade CMPH for the ride.

Now that my elephant gun is loaded, on the look out to pull the trigger. Shall I go for Yield , growth or wait n see. Hmmmm, tough decisions.

That was indeed faster than expected. I will be going for yield to compensate for CMPH loss.
Reply
CMP was my biggest holding. My portfolio is now 40% cash. I was expecting some bargains to emerge following brexit but that didn't turn out to be the case. I guess I'll just nibble to slowly accumulate more of my existing holdings.
Reply
(30-06-2016, 01:05 PM)touzi Wrote: I just checked my CDP online and confirmed that my shares have been transferred on Tuesday. I posted my acceptance last Friday afternoon. Looks like it take 3-4 working days for the whole process.

Excluding dividends, my profit is about 20%. Nothing to crow about but I am grateful. I came to know of this stock through VB. Thanks all VBuddies who contributed to the discussion, particularly Nick, CF, GG, Jacmar for sharing your knowledge so generously. *bow*

A friend just came back from overseas and found that some one in the family still have 1000 shares. They did not do anything with the offer and was told that today is the deadline to accept the offer. What will happen to the shares now?

Thank you
Reply
The GO, is entitled and will exercise the compulsory acquisition on 4 Jul disclosure. Outstanding shares in CDP, will be automatically sold in due course.

http://infopub.sgx.com/FileOpen/Dealings...eID=411515
“夏则资皮,冬则资纱,旱则资船,水则资车” - 范蠡
Reply
(12-07-2016, 09:13 AM)CityFarmer Wrote: The GO, is entitled and will exercise the compulsory acquisition on 4 Jul disclosure. Outstanding shares in CDP, will be automatically sold in due course.

http://infopub.sgx.com/FileOpen/Dealings...eID=411515

The CA has been exercised by the Offeror. The GO is closing soon.

http://infopub.sgx.com/FileOpen/Despatch...eID=413158
“夏则资皮,冬则资纱,旱则资船,水则资车” - 范蠡
Reply
Official closure of the GO.

---------
Further to the Announcements, DBS Bank is pleased to announce, for and on behalf of the
Offeror, that the Offeror has, today, completed the exercise of its right of Compulsory
Acquisition. As at the date of this Announcement, the transfer of the Shares of the Dissenting
Shareholders to the Offeror has been effected and payment for such Shares has been
despatched to the Dissenting Shareholders
http://infopub.sgx.com/FileOpen/Completi...eID=418752
“夏则资皮,冬则资纱,旱则资船,水则资车” - 范蠡
Reply


Forum Jump:


Users browsing this thread: 8 Guest(s)