CapitaMalls Asia

[lonewolf]

For those who held out, give yourself a pat on the back, for those who sold early, give yourself a BIG KICK on your own backside!

Irrelevant. Those who choose to accept the earlier offer of $2.22 will also received the final offer price of $2.35.

So I think they will be pleasantly surprised at the revised offer instead of kicking themselves.

[CityFarmer]

For those who held out, give yourself a pat on the back, for those who sold early, give yourself a BIG KICK on your own backside!

Irrelevant. Those who choose to accept the earlier offer of $2.22 will also received the final offer price of $2.35.

So I think they will be pleasantly surprised at the revised offer instead of kicking themselves.

I reckon MINX was referring to those sold their shares over open market, rather than acceptance.

[investor2014]

wow...30+ million shares done today at 2.35....

congrats to those who have and taken profit!

[smallcaps]

wow...30+ million shares done today at 2.35....

congrats to those who have and taken profit!

Interestingly, dunno why still got 1,466 lots transacted at $2.36 ?

[investor2014]

wow...30+ million shares done today at 2.35....

congrats to those who have and taken profit!

Interestingly, dunno why still got 1,466 lots transacted at $2.36 ?

another group of bravehearts hoping for higher price?

don't think there will be higher price though....they have already said its final offer....

[Temperament]

For those who held out, give yourself a pat on the back, for those who sold early, give yourself a BIG KICK on your own backside!

Irrelevant. Those who choose to accept the earlier offer of $2.22 will also received the final offer price of $2.35.

So I think they will be pleasantly surprised at the revised offer instead of kicking themselves.

I reckon MINX was referring to those sold their shares over open market, rather than acceptance.

i wonder who would sell in the Market for $2.22 or less after the announcement of the offer? I think only those desperate for cash and what happen to them?

[Temperament]

wow...30+ million shares done today at 2.35....

congrats to those who have and taken profit!

Interestingly, dunno why still got 1,466 lots transacted at $2.36 ?

another group of bravehearts hoping for higher price?

don't think there will be higher price though....they have already said its final offer....

Of course they say that and this and that ma. Imagine if there is a counter Offeror like what happened to F & N.

[momoeagle]

Huat huat huat!!!

Lucky I advised 2 friends not to sell on the open market for the simple reason of no need to incur brokerage fees

[lonewolf]

S215 CA compulsory acq is only applicable if the Offeror obtains more than 90% of the shares that they do not own before making the offer. It is quite a high acceptance level to achieve. Even if they don't execute S215 CA compulsory acq, SGX will suspend CMA due to not enough free float and they will be delisted as they would not be able to meet SGX listing requirement.

ghchua, can clarify one thing about S215 CA compulsory acquisition?

Does the shares that CAPL acquires on the open market counts or must the 90% be from shareholders who accept the offer and tendered their shares to CAPL?

[lonewolf]

I reckon MINX was referring to those sold their shares over open market, rather than acceptance.

True! I think its funny how you read something on the forum and comes up with only one interpretation (acceptance) when another (sold in the open market) is probably just as valid.