Longcheer Holdings

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NOTICE IS HEREBY GIVEN that the Share Transfer Books and Register of Members of Longcheer Holdings Limited (the "Company") will be closed at 5.00 p.m. on 19 September 2014 for the purpose of determining the entitlements of the Company's shareholders to the Second Special Dividend of S$0.1423 per share in the Company.

Pay date: 26 September
I guess not many of us expect the price to chiong all the way to 9.4c after XD. To value the left-over business at this level is simply overly speculation, and this also provided me opportunity to let go my shares. Overall, made good profit on Longcheer, if there is no buyout, I wouldn't have sold my shares.

[ divested ]
Someone borrowed 50,000 shares from my CDP account since 23 Sep 2014. I wonder why he needs to do that? Did he short sell in the market?

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