Sound Global

[CityFarmer]

The company call for trading halt, pending for announcement.

Ref: http://infopub.sgx.com/Apps?A=COW_Corpor...pbeJsTxPCs

[CityFarmer]

The company call for trading halt, pending for announcement.

Ref: http://infopub.sgx.com/Apps?A=COW_Corpor...pbeJsTxPCs

The Company wishes to announce that the SGX-ST has in its letter dated 28 November 2013 advised that it has no objection to the Delisting, subject to compliance with Rules 1307 and 1309 of the Listing Manual.

Ref: http://infopub.sgx.com/FileOpen/SGL-Ann-...eID=266054

[CityFarmer]

The procedure is started on the special resolution i.e. the exit offer. Indicative timetable shows the delisting will start around early Jan 2014, which is just one (1) month away.

Exit Offer Doc: http://infopub.sgx.com/FileOpen/SGL-Exit...eID=266128
EGM Notice: http://infopub.sgx.com/FileOpen/SGL-Noti...eID=266125

[CityFarmer]

The exit offer has became unconditional, upon shareholder approval after the EGM on last Friday.

The important dates to note

Last day of listing - 10 Jan 2014
Close date of offer - 17 Jan 2014
Delist date - 27 Jan 2014
Date of share certificates dispatch - 12 Feb 2014

Ref: http://infopub.sgx.com/FileOpen/SGL-Ann_...eID=269785

[CityFarmer]

The first trading day after the exit offer went unconditional.

Singapore market shows a high of 71 Singapore cents per share, while SEHK shows a high of HK $4.55 per share, which is 74 Singapore cents.

(vested)

[CityFarmer]

The first trading day after the exit offer went unconditional.

Singapore market shows a high of 71 Singapore cents per share, while SEHK shows a high of HK $4.55 per share, which is 74 Singapore cents.

(vested)

The uptodate as of now, at 1pm, SGX market price is 75.5 cents, while SEHK's market price is HKD 4.89, which is 78 cents.

(vested)

[CityFarmer]

The closed price of the company share is 77.5 Singapore cents in SGX, and HKD 4.85 (79 Singapore cents) today. The volume is about 18 mil shares.

[CityFarmer]

At the closed of its last trading day in SGX, the company share priced at Singapore 76 cents per share with volume of close to 19 million shares, while the SEHK's company share closed at HKD 5.03 or 82 Singapore cents with volume about 2 million shares.

That closed the company chapter in SGX. Bye Bye, and see all in SEHK...

[safetyfirst]

Hi, just curious, not vested in anyway.. What would happen to people who bought sound global shares in singapore this week, can they continue to trade in hongkong?... basically how does it work, will the company buyback the shares or something?

[CityFarmer]

Hi, just curious, not vested in anyway.. What would happen to people who bought sound global shares in singapore this week, can they continue to trade in hongkong?... basically how does it work, will the company buyback the shares or something?

After the exit offer close date of 17 Jan, all those SGX shareholders' share will be transferred to SEHK, and can be traded over there. It will take a while, and likely completed by end Feb.