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strange to be selling at this price. at $1.27, you are still getting 5.5% dividend yield if there is no buy over. If it does then the offer price must be attractive enough for UE to sell off it's 60%++ stake. So if you weigh the pros and cons, one should be buying and not selling
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looks like something positive.....
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UE E&C and UE inching up.........
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02-10-2014, 10:25 PM
(This post was last modified: 02-10-2014, 10:26 PM by value seeker.)
Halted since yesterday. Still no announcement yet. Should expect some news tomorrow.
vested
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(02-10-2014, 10:25 PM)value seeker Wrote: Halted since yesterday. Still no announcement yet. Should expect some news tomorrow.
vested
maybe the discussions go into weekend. Monday then annc. Thats the usual pattern.
"... but quitting while you're ahead is not the same as quitting." - Quote from the movie American Gangster
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04-10-2014, 08:51 AM
(This post was last modified: 04-10-2014, 08:55 AM by kbl.)
Good morning everyone.
POSSIBLE VOLUNTARY CONDITIONAL OFFER BY DMG & PARTNERS SECURITIES PTE LTD FOR AND ON BEHALF OF UNIVERSAL EC INVESTMENTS PTE. LTD. FOR UE E&C LTD.
Offer Share: S$1.25 in cash
http://infopub.sgx.com/FileOpen/Possible...eID=317219
http://infopub.sgx.com/FileOpen/Possible...eID=317190
Not a call to Buy or Sell
Mr Bump: All I Can Smell Is My FEAR