Internet Technology Group

[CityFarmer]

There are good lessons learned from this asset play. I am almost break-even with the exit offer price, but loss in opportunity cost. After the review of 2013 performance, this stock was a drag on the overall performance.

(vested, and disappointed)

[opmi]

There are good lessons learned from this asset play. I am almost break-even with the exit offer price, but loss in opportunity cost. After the review of 2013 performance, this stock was a drag on the overall performance.

(vested, and disappointed)

For value investing, timing of catalysts and/or Mr Market recognition of the value are not certain. Unlike to coincide with calendar year or timing of the bull/bear market. So it is not comparable. Esp on a 1 year period.

[CityFarmer]

There are good lessons learned from this asset play. I am almost break-even with the exit offer price, but loss in opportunity cost. After the review of 2013 performance, this stock was a drag on the overall performance.

(vested, and disappointed)

For value investing, timing of catalysts and/or Mr Market recognition of the value are not certain. Unlike to coincide with calendar year or timing of the bull/bear market. So it is not comparable. Esp on a 1 year period.

I didn't expect Mr. Market re-rating on the company in 2013, when the revenue from the property is not fully recognised. But I do expect it in 2014, when the phase I will be "TOP-ed". The phase I is estimated about 80% sold, and the completion should not be an issue.

Now I have to "write-off" the "unearned profit".

[CityFarmer]

That's it, and bye-bye. It is an interesting counter, and gained valuable experience from it.

I sent my acceptance today, and keeping the odd lots, as a reminder for the mistake.

Enjoyed the discussion so far in this thread. Thank you.

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The last day of trading in the Shares on the SGX-ST will be 6 February 2014, and trading in the Shares will be suspended from 9.00 a.m. on 7 February 2014

Ref: http://infopub.sgx.com/FileOpen/AnnlLast...eID=273246

[lonewolf]

The exit off period has been extended to the end of the month.

EXTENSION OF EXIT OFFER PERIOD

[CityFarmer]

I am interested on the FY2013 result, but now I will unlikely to have a look at the report, after the waiver is approved. The cash reserve should increased significantly due to progressing payments of the property sales.

Ref: http://infopub.sgx.com/FileOpen/AnnWaive...eID=274177

[CityFarmer]

The exit offer close today. The right of compulsorily acquisition is exercised. So the odd lot of mine will be acquired.

Bye-bye.

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As at 5.00 p.m. on the Closing Date, the total number of (a) Shares owned, controlled or agreed to be
acquired by the Offeror and its Concert Parties and (b) valid acceptances to the Exit Offer amount to an
aggregate of 122,571,525 Shares, representing approximately 91.78% of the total number of issued
Shares.

Ref: http://infopub.sgx.com/FileOpen/AnnExitC...eID=277029

[CityFarmer]

The odd lot was under compulsorily acquisition on 19 Mar. It marked a full-stop for the venture. Not a nice ride, but educational...

The exit offer close today. The right of compulsorily acquisition is exercised. So the odd lot of mine will be acquired.

Bye-bye.

--------
As at 5.00 p.m. on the Closing Date, the total number of (a) Shares owned, controlled or agreed to be
acquired by the Offeror and its Concert Parties and (b) valid acceptances to the Exit Offer amount to an
aggregate of 122,571,525 Shares, representing approximately 91.78% of the total number of issued
Shares.

Ref: http://infopub.sgx.com/FileOpen/AnnExitC...eID=277029

[CityFarmer]

Official closure of the company

---------
The Board wishes to announce that the SGX-ST has confirmed that the date of delisting of
the Company from the Official List of the SGX-ST will be 31 March 2014. Accordingly, the
Shares will be delisted from the Official List of the SGX-ST with effect from 9.00 a.m. on 31
March 2014.

Ref: http://infopub.sgx.com/FileOpen/ITGAnnDa...eID=288609