TeckWah

[dydx]

I find Teckwah's latest corporate video projecting the group's suite of services - including the group's current capabilities in regional logistics - very interesting...
https://www.teckwah.com.sg/Logistics
It is quite clear over the last decade, Teckwah has transformed into a specialist expert provider of total packaging and logistics solutions, supporting customers mostly engaged in global consumer goods.

We should not forget about Teckwah's recent synergistic acquisition of a 70% interest in the Profoto business in Singapore/Malaysia which appears to be growing nicely as well...
https://www.profoto.com.sg/index

[cyclone]

Teckwah Industrial Corporation released FY2019 Financial Results : https://links.sgx.com/FileOpen/FY19%20SG...eID=597890

[pianist]

the company seems to make a blunder in its AR and coming AGM against SGX listing rules after
SGX received public feedback about Mr Chua Kee Seng Thomas’ and Mdm Mai Ah Ngo’s interests in the Company via Chua Seng Tek Holdings Pte Ltd's stakes in the form of a trust

[D123]

An activist fund takes aim.

https://www.straitstimes.com/business/co...re-cash-to

[Dosser]

Trading halt:

https://links.sgx.com/1.0.0/corporate-an...e8a6ed010a

[pianist]

general offer at SGD0.65
any taker or view?

[Dosser]

general offer at SGD0.65
any taker or view?

I will wait and see how the market reacts.

[pianist]

90% hurdle is still a far reach, has the Chua started to scoop up in the market?

[mslee888]

Quarz Capital ASIA (Singapore) will likely take up the offer since they were pushing for higher dividend payout.
They own abt 6%. 
Seems like Teck Wah has really a lot of smaller individual shareholders. 

[pianist]

Based on the quarz straits Times news, they wish to see the company grow organically to serve its big ticket customers
, and has given a fair value of 66cent based on a 25% discount