Zagro Asia

[ZZF]

Hi chua, if pbs has 75% and less than 10% vote note, but say at closing of offer, pbs only garnered say 88% (less than 90%) - can delisting still go through?

Once the delisting resolution is approved by shareholders, the company will be delisted. The exit offer is conditional on PBS getting more than 50% of the shares and the delisting resolution being approved by shareholders. Since PBS already got more than 50% of the shares, the exit offer will become unconditional if the delisting resolution goes through.

In your above example, yes, the delisting will go through since the delisting resolution had been approved by shareholders.

TY Chua! Appreciate it!

[pianist]

Just vote against ba. Dun be an unsteady wavering dissenting shareholder.

[pianist]

When is the egm announcement? Pbs seems trying to frustrate dissenting shareholders by holding decision to when hold egm and pick cheap shares along the wait.

[testwrite]

i bought zagro share from standard charter broker and they are holding my share under custody, I recall my other companies agm, where there is some proxy voting, standardcharter never send me any proxy form to vote, for this zagro, I will like to vote against the listing, anyone got any idea, how i can do it under this condition, since Standard charter wont vote, and they never send me proxy form.

If I am not wrong u do not have voting rights under sc account. (I don't use but did research before on it)

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hi, after sending standardcharter 5 emails, waited for more than a week for them to reply, they call me to inform me "they understand, but there is nothing they can help", this is crazy, i use interactivebroker, hsbc, which is also custodian, they will let me vote, but this is bad, I hold quite an amount of share, anyone can let me know what else i can do.

[thor666]

i bought zagro share from standard charter broker and they are holding my share under custody, I recall my other companies agm, where there is some proxy voting, standardcharter never send me any proxy form to vote, for this zagro, I will like to vote against the listing, anyone got any idea, how i can do it under this condition, since Standard charter wont vote, and they never send me proxy form.

If I am not wrong u do not have voting rights under sc account. (I don't use but did research before on it)

Sent from my D5503 using Tapatalk

hi, after sending standardcharter 5 emails, waited for more than a week for them to reply, they call me to inform me "they understand, but there is nothing they can help", this is crazy, i use interactivebroker, hsbc, which is also custodian, they will let me vote, but this is bad, I hold quite an amount of share, anyone can let me know what else i can do.

http://help-your-money.blogspot.sg/2011/...s.html?m=1

Another sc user faced the same problem.

I think one way to get your rights is to transfer your shares out to cdp account, believe charges do apply. Check sc website for details.

This is one of key reasons I don't use Sc for sgx trading.

Sent from my D5503 using Tapatalk

[brattzz]

SC is cheap for a reason...
unfortunately, u can transfer the shares to your CDP account at a fee if ircc...

[testwrite]

i manage to ask standard charter to transfer my share to CDP last week, but they told me it takes about 2 weeks for the transfer, the EGM for zagro is on 4 Feb, this is the part i am not sure, how do I show up on Zagro office on 4 Feb to vote down the proposal? is there any form i will be given?

[ksir]

I personally have sold my stake. Mainly for capital allocation. There are lots of sold down companies that i find myself reluctant to fight on. Without the offer, quite sure the price now would be around 0.2.

[testwrite]

thank you very much for the "advice" on how to trade, but i really need an simple advice on my predicament, as i never have vote down or show up on EGM, so i like to know how to do it, thanks

[dydx]

Just to remind shareholders on tomorrow's important EGM.....
http://infopub.sgx.com/FileOpen/ZAL-Circ...eID=385699
which has a direct bearing on whether controlling shareholder PBS will successfully privatise Zagro Asia for his own family's selfish benefit.

I suppose many long-term minority shareholders will attend tomorrow's meeting to ask the BOD especially the IDs and IFA some serious questions, before taking the vote..