NSL

[desmondxyz]

http://infopub.sgx.com/FileOpen/PALM_Ann...eID=310910

The Proposed Transaction will generate gross cash proceeds of approximately S$49.1 million.
Based on the NSL Group’s carrying value in Lime division as of 30 June 2014, the Proposed
Transaction will result in an estimated accounting gain of S$28.2 million to NSL.

Sweet deal.....

(Vested)

I expect another jumbo dividend this year.

 
Boss OBS needs bullet to buyout HPL.....

[SLC81]

Massive 25 Cents dividend again.

NSL has around 430$ net cash or 1.17 $ out of $1.8 NAV.
Profit from continuing operations increased to 13 Mils or 73% higher than last year despite the bleeding from the environmental engineering services (loss $5 mils).

There are still limestone business (almost sold at $48 mils) in Malaysia and Precast & PBU business in Singapore/Dubai/Finland (FY16 Pre-tax profit of 25 Mils) which could be sold for another $ 250 mils.

http://infopub.sgx.com/FileOpen/NSL%20SG...eID=440748