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Global Logistic Properties (GLP)
28-06-2017, 07:12 AM, (This post was last modified: 28-06-2017, 07:21 AM by specuvestor.)
Post: #151
RE: Global Logistic Properties (GLP)
Seatown is actually quite independent from Temasek. Holistically it seems like left pocket to right pocket but it reflects difference in views and objectives. My guess is that the review was triggered by CEO

(27-06-2017, 10:45 PM)touzi Wrote: https://www.bloomberg.com/news/articles/...ale-of-glp

Looks like interest in GLP is very strong. Even Temasek is said to be considering bidding (or maybe it's just an attempt to shore up the bid price). Makes me wonder why GIC wants to sell.
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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14-07-2017, 02:00 PM,
Post: #152
RE: Global Logistic Properties (GLP)
$3.38

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14-07-2017, 06:04 PM, (This post was last modified: 14-07-2017, 06:08 PM by cyclone.)
Post: #153
RE: Global Logistic Properties (GLP)
(14-07-2017, 02:00 PM)Kelvin Wrote: $3.38

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Congratulations.

Scheme Consideration = S$3.38 for each Share. Will not be reduced by the proposed cash dividend of S$0.06 per share announced on 19 May 2017, Ex Dividend Date 03/08/2017.

Scheme of Arrangement - Proposed Privatization of GLP : http://infopub.sgx.com/FileOpen/GLP_Join...eID=461501
ShareHolder FAQ - Proposed Privatization of GLP : http://infopub.sgx.com/FileOpen/GLP_Shar...eID=461504
Presentation Slides -  Proposed Privatization of GLP : http://infopub.sgx.com/FileOpen/GLP_Inve...eID=461503
Specuvestor: Asset - Business - Structure.

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30-11-2017, 12:01 PM,
Post: #154
RE: Global Logistic Properties (GLP)
GLP Shareholders Approve Privatization

* GLP privatization approved on the back of overwhelming shareholder support
* Of the total number of shareholders present and voting in person or by proxy at the Scheme Meeting, 96.02% voted FOR the Scheme (needed to meet more than 50%)
* Of the total number of Shares voted by shareholders present and voting in person or by proxy at the Scheme Meeting, 99.96% voted FOR the Scheme (needed to meet at least 75%)
* Shareholders can expect to receive the Scheme Consideration by 19 Jan 2018
* GLP is expected to be delisted shortly thereafter
Specuvestor: Asset - Business - Structure.

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01-12-2017, 06:35 PM,
Post: #155
RE: Global Logistic Properties (GLP)
Wonder which stock will replace GLP in the league of 30 STI stocks , after GLP is delisted ?

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01-12-2017, 08:08 PM,
Post: #156
RE: Global Logistic Properties (GLP)
Probably one of the 5 stocks on the reserve list as of Sep 2017: Keppel Reit, Mapletree Commercial Trust, SIA Engineering, Suntec Reit,
Venture Corporation

Maybe SIA Engineering (replaced in Sep by Jardine Strategic) will make a comeback.

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01-12-2017, 11:01 PM,
Post: #157
RE: Global Logistic Properties (GLP)
(01-12-2017, 08:08 PM)lonewolf Wrote: Probably one of the 5 stocks on the reserve list as of Sep 2017: Keppel Reit, Mapletree Commercial Trust, SIA Engineering, Suntec Reit,
Venture Corporation

Maybe SIA Engineering (replaced in Sep by Jardine Strategic) will make a comeback.

At the rate that we're going, STI might be populated with the 3 banks, Telcos & rest all Reits & business trusts... Shy

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04-12-2017, 11:47 AM, (This post was last modified: 04-12-2017, 11:48 AM by weijian.)
Post: #158
RE: Global Logistic Properties (GLP)
Based on latest review update, it seems like it will be Venture Corp (whom has jumped queue abit due to recent semiconductor boom) as long as things remain status quo.

The STI reserve list, comprising the five highest ranking non-constituents of the STI by market capitalisation, will be (in order of size) Venture Corp, Suntec REIT, Mapletree Commercial Trust, Keppel REIT and Sembcorp Marine. Companies on the reserve list will replace any constituents that become ineligible as a result of corporate actions, before the next review. A full list of STI constituents can be found on the website

http://www.sgx.com/wps/wcm/connect/sgx_e...rly_review

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