Posts: 3,176
Threads: 630
Joined: Sep 2010
Reputation:
26
24-06-2013, 12:59 PM
(This post was last modified: 24-06-2013, 01:06 PM by cyclone.)
VOLUNTARY UNCONDITIONAL CASH OFFER FOR ALL ORDINARY SHARES IN FOOD JUNCTION HOLDINGS LIMITED : S$0.255 per share.
The Offeror is a wholly-owned subsidiary of Auric Pacific Investment Holdings Pte Ltd, which is in turn a wholly-owned subsidiary of Auric Pacific Group Limited.
Specuvestor: Asset - Business - Structure.
Posts: 165
Threads: 4
Joined: Feb 2012
Reputation:
3
The way management (mis)manages their money is spectacular. They are very desperate to achieve growth (at all costs).
Posts: 609
Threads: 1
Joined: Jan 2013
Reputation:
12
24-06-2013, 01:59 PM
(This post was last modified: 24-06-2013, 05:30 PM by desmondxyz.)
so now Auric bought the whole Food Junction, it will be in the hell forever?
Posts: 1,039
Threads: 14
Joined: Dec 2012
auric disappoints again.. I thought they should be getting rid of bad businesses instead of buying more?
Posts: 9,841
Threads: 711
Joined: Mar 2012
Reputation:
64
Profit Guidance from the company. A loss is expected...
(not vested)
Ref:
http://infopub.sgx.com/FileOpen/Profit_G...eID=275874
“夏则资皮,冬则资纱,旱则资船,水则资车” - 范蠡
Posts: 9,841
Threads: 711
Joined: Mar 2012
Reputation:
64
Auric has done quite a bit of restructuring lately with newly onboard CEO. May be time to re-look into this stock?
(not vested, and not monitored)
“夏则资皮,冬则资纱,旱则资船,水则资车” - 范蠡