CapitaMalls Asia

[investor2014]

big chunk of 185 million shares done at 2.35 earlier today..

total around 199 million shares done today at 2.35...

looks like capitaland is busy buying shares today again...

[lonewolf]

Well, the discussion seems getting out of hand. I rest the case. Thanks for the topic, and a nice discussion.

I apologised because I'm quite sure that this whole discussion started over my question to ghchua on whether shares acquired through the open market also counts towards the '90% level' for compulsory acquisition.

I feel like the fellow who throw the first stone and ran away when the riot take place. And honesty much of the debate is lost on me; though I do appreciate the depth and discussion on the issue.

[smallcaps]

Well, the discussion seems getting out of hand. I rest the case. Thanks for the topic, and a nice discussion.

I apologised because I'm quite sure that this whole discussion started over my question to ghchua on whether shares acquired through the open market also counts towards the '90% level' for compulsory acquisition.

I feel like the fellow who throw the first stone and ran away when the riot take place. And honesty much of the debate is lost on me; though I do appreciate the depth and discussion on the issue.

No problem lah. Juz complaining only...singaporean mah.

[lonewolf]

Back to our regular programming (aka boring routine stuffs)

DEALING DISCLOSURE
AND LEVEL OF ACCEPTANCES FOR 16 MAY 2014

1) 29,709,000 bought at S$2.35.
2) 110,980,882 Offer Shares, representing approximately 2.8% valid acceptance received. 3,151,260 Offer Shares, representing approximately 0.1% accepted by concerted parties.
3) Currently owned by CapLand and concerted parties: 2,880,897,690 (approximately 73.9%)

[CityFarmer]

Well, the discussion seems getting out of hand. I rest the case. Thanks for the topic, and a nice discussion.

I apologised because I'm quite sure that this whole discussion started over my question to ghchua on whether shares acquired through the open market also counts towards the '90% level' for compulsory acquisition.

I feel like the fellow who throw the first stone and ran away when the riot take place. And honesty much of the debate is lost on me; though I do appreciate the depth and discussion on the issue.

No problem. The topic is interesting...

[smallcaps]

This morning there were big chunks of married deals transacted totalling 100mil shares :

   

http://www.btinvest.com.sg/markets/count...S8&page=18

[intellect]

Interesting to note that there are still trades above the offer price today. Will CapitaLand succeed in this GO exercise? Is it possible that the 90% threshold may not be achieved for delisting to proceed? No? Afterall, even if this is the final offer price, investors may not bite.

IMO CMA has got more growth potential in the years ahead. According to the 2013 AR, there are 11 malls under development in China, 7 in India, 1 each in Singapore and Malaysia. Early investors have had to endure a struggling share price. Should investors (esp the IPO ones) bite when future outlook looks not too bad at all?

I am one of those few who are not biting.
History has shown the wisdom of not biting albeit it is backward looking.
Borrow the phase from unit trust: “Past performance does not guarantee future returns.”

[investor2014]

the Offeror and its Concert Parties owned, controlled or have agreed to acquire an
aggregate of 3,110,335,071 Shares9
, representing approximately 79.8% of the issued
share capital of CMA.

[lonewolf]

DEALING DISCLOSURE AND LEVEL OF ACCEPTANCES FOR 19 MAY 2014

1) 206,786,000 purchased by offeror at $2.35
2) 2,609,000 purchased by CapitaLand at S$2.35
3) No of shares accepted by offeror: 131,232,263 Offer Shares (3.4%) ; No of shares accepted by Concert Parties: 3,360,260
4) Currently owned by CapLand and concerted parties: 3,110,335,071 Shares, representing approximately 79.8%

[investor2014]

around 47 million shares done at 2.35 today...

looks like capitaland must have bought a good chunk today again...