Transcorp Holdings (Formerly: Transview Holdings)

[pianist]

really swee.....looking forward to some shopping spree during this hot summer

huat ah

[BlueKelah]

Wah so much dividend, more like capital reduction leh

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[cif5000]

Wah so much dividend, more like capital reduction leh

You have raised an excellent and very valid point.

[safetyfirst]

i hope to get some shares below 20 cents today but i think it is not going to be easy

[Harvest Time]

Halt. Wait for news.

[dydx]

Some possibilities, including.…
(1) disposal of 1 or more of its investment properties, which should bring in gains and add to equity and cash.
(2) RTO by a local or foreign private group.

[Harvest Time]

Maybe admin can help to change the thread name as the company name is change from Transview to Transcorp

[CityFarmer]

Maybe admin can help to change the thread name as the company name is change from Transview to Transcorp

Done.

Regards
Moderator

[Harvest Time]

I think Transcorp is a possible RTO candidate. But timing may be too soon. Possible in very near future.

Trancorp has $31.439m cash.
1) It has $2.8m in escrow account
2) $27.033m in cash and
3) $1.606m as short term deposit.

Maybe the news is partial capital reduction and dividend or other news, if it is RTO news, I am surprise by the timing.
Share capital per share is 10.34 cents. Hence cannot be just capital reduction alone as it is going to pay 15 cents.

[kikababoo]

http://infopub.sgx.com/FileOpen/Transcor...eID=301464

Ok, so it's an error on dividends announced. less of a capital reduction.