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Mandarin Oriental

Mandarin Oriental

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retired1again Offline
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#11
Smile  07-03-2015, 09:21 AM
Looking at the hotel location along Raffles Blvd, it is unlikely on a freehold titled land.

Observed in some right-issue offer documents of local listed companies that foreign shareholders are not entitled to the right-issue at discounted price.

Any one can advise or know would Singaporean shareholders of Mandarin Oriental be entitled to their right-issue offer?

Thanks in advance. Smile
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opmi Offline
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#12
07-03-2015, 12:19 PM
(06-03-2015, 06:04 PM)ValueMushroom Wrote: Any one can share share mandarin oriental Singapore hotel is sitting on freehold or 99 leasehold land? Google but have no luck finding this piece of information. Thank you.

mandarin oriental Singapore - is sitting on Singapore Land/UIC/UOL/Wee land.
"... but quitting while you're ahead is not the same as quitting." - Quote from the movie American Gangster
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ValueMushroom Offline
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#13
07-03-2015, 03:14 PM
I went to dig further, and find from SingLand annual report that Marina Square Retail Mall is 99 years lease from 1980.
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CY09 Online
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#14
07-03-2015, 04:28 PM (This post was last modified: 07-03-2015, 04:31 PM by CY09.)
Hi Value Mushroom,

Just refer to the annual report to search the leases for all its hotels
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asphodeli Offline
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#15
28-03-2015, 07:42 PM
Did anyone applied for excess rights? Seems that I can't oversubscribe via SCB for the very vague reason of "the company has withdrawn the offer".

is SCB smoking me, or did Jardine/institutions/HNWIs makan all the excess rights?
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melissa Offline
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#16
30-03-2015, 06:01 AM
It is not SCB. I have the Rights Application Form (Form A) and there was no place where you could apply for excess rights.
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glico Offline
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#17
30-03-2015, 09:02 AM
(06-03-2015, 06:04 PM)ValueMushroom Wrote: Any one can share share mandarin oriental Singapore hotel is sitting on freehold or 99 leasehold land? Google but have no luck finding this piece of information. Thank you.

iirc, should be 99 leasehold land.
Mandarin Oriental is part of the integrated development of Marina Square.
Can check OUE/ Singapore Land / UIC annual report.
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ghchua Offline
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#18
30-03-2015, 11:56 AM
(30-03-2015, 06:01 AM)melissa Wrote: It is not SCB. I have the Rights Application Form (Form A) and there was no place where you could apply for excess rights.

You cannot apply for excess rights shares for this issue. I have tried using ATM method and they don't allow it as well.
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crabcrab Offline
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#19
31-03-2015, 09:55 PM
It is a hotel management company, not a hotel property owner...
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hurricane Offline
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#20
07-06-2017, 02:31 PM
Can anyone share any information on Mandarin Oriental? Thanks.
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