Keppel Limited

[Some-one]

nobody is saying KC is not playing fair and square and not according to the book's rules..otherwise, they would have gotten into hot soup against the rules and regulations...

take a step back and think...

Would appreciate if any bro can enlighten on what happens to minority shareholders who are still holding on to the shares of a co that hv been delisted....

They would not be able to sell the stock in the open market. Thus, if you need to cash out, it might be more difficult.

[brattzz]

thought it was a clever move by KC,
maximum ownership without paying the premium price,

All stucked minority investors will in for the long haul!

kudos to shrewd KC~

[VIChris]

thought it was a clever move by KC,
maximum ownership without paying the premium price,

All stucked minority investors will in for the long haul!

kudos to shrewd KC~

Do you see its clever?
Share price can go up and down, but reputation once down will never come up.
What if they apply the same tactic on KC's minor shareholders?

[cfa]

Minority shareholders can be a pain in the neck to KC like that of Ck tang.

[pianist]

thought it was a clever move by KC,
maximum ownership without paying the premium price,
All stucked minority investors will in for the long haul!
kudos to shrewd KC~

Do you see its clever?
Share price can go up and down, but reputation once down will never come up.
What if they apply the same tactic on KC's minor shareholders?

exactly, this analysis is not trying to get personal as what some buddies viewed..this is entirely business like analysis..
take a step back - ...it's clearer..i would say shrewd and cunningly intelligent..a display of excellent creative financial engineering...

[CityFarmer]

thought it was a clever move by KC,
maximum ownership without paying the premium price,

All stucked minority investors will in for the long haul!

kudos to shrewd KC~

Do you see its clever?
Share price can go up and down, but reputation once down will never come up.
What if they apply the same tactic on KC's minor shareholders?

I saw a fair play, which has nothing to do with "reputation".

KC has taken care of KC shareholder interest, while given above average price to KL shareholders, and promised better price if condition met.

Buying cheap, in a fair deal, will reduce the "reputation"? In the same vein, value investors have no "reputation", since they always are buying cheap in fair deals

[specuvestor]

If there are some schemes or opaqueness behind, like scheme of arrangement that can be manipulated, then I think it might be a reputational risk. The takeover of K1 Venture is a good example of reputational risk.

But in this case I think it is rather straightforward and this thread has discussed the consequences quite in depth. Nonetheless the difference to 95.5% is quite marginal and not impossible to be crossed when those bochap shareholders finally received their form 58. Thereafter CA is ensured but not sure about the price.

[egghead]

Quite a few of you "talk" like Keppel Corp has a crystal ball that allows it to know how the acceptance will turn out. The truth is more likely that yes, they did their homework, and also they got "lucky". I said "lucky" because Keppel Corp will probably tell you that they are unlucky that they failed to take 100% control.

[greengiraffe]

Change of guards @ Sino-Singapore Tianjin Eco-City... maybe this project will only take off once the Chinese parties assume majority stake like the one in Suzhou?

http://infopub.sgx.com/FileOpen/MR_New%2...eID=341859

New CEO for Sino-Singapore Tianjin Eco-City Investment and Development Co Ltd

From recent The Edge - Corporate: Cover story: Keppel's BIG PROPERTY DEAL dated 2 Feb 15:

According to media reports, Tianjin Eco-City is currently something of a "ghost city" and its buildings "echo like gymnasiums".

However, Loh is confident that collaboration among Keppel Corp's units will lead to more activity and boost the city's population.

[CityFarmer]

Update on a major customer, Sete Brasil of Keppel...

Keppel and Sembcorp Marine kept at ‘hold’ by UOB Kay Hian as Sete Brasil considers options

SINGAPORE (Apr 13): Sete Brasil, the troubled Brazilian rig-owner and operator, is reported to be considering options to restructure is stretched balance sheet.

These include either a full cancellation of its 29-rig programme, partial cancellation to 13 rigs, or refinancing of the company.

UOB Kay Hian reports that talks are in progress, with a partial cancellation being favoured by stakeholders.
...
http://www.theedgemarkets.com/sg/article...rs-options