29-02-2020, 03:41 PM
(This post was last modified: 06-03-2020, 08:58 AM by dreamybear.)
Given the recent privatisation offer of Breadtalk, I am wondering whether the same wld happen to Sakae if the share price continues to languish.
NAV : $0.2164
Share price : $0.08
Total no. of issued shares (excluding treasury shares) : 139,472,000, Mkt Cap : $11.16m
Mr Foo + Raffles Nominees already hold : 22.89% + 43.05%, which is abt 66%.
Its BS (AR2019) show bank loans of $50m(pg 114) agst $66.7m worth of ppty(pg108).
According to the AR, Mr Foo is paid under $750k p.a. so I think it shdn't be a stretch.
https://links.sgx.com/FileOpen/Announcem...eID=596593 [FS]
https://links.sgx.com/FileOpen/Sakae%20A...eID=582102 [AR]
*not vested*
NAV : $0.2164
Share price : $0.08
Total no. of issued shares (excluding treasury shares) : 139,472,000, Mkt Cap : $11.16m
Mr Foo + Raffles Nominees already hold : 22.89% + 43.05%, which is abt 66%.
Its BS (AR2019) show bank loans of $50m(pg 114) agst $66.7m worth of ppty(pg108).
According to the AR, Mr Foo is paid under $750k p.a. so I think it shdn't be a stretch.
https://links.sgx.com/FileOpen/Announcem...eID=596593 [FS]
https://links.sgx.com/FileOpen/Sakae%20A...eID=582102 [AR]
*not vested*