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CWG International (formerly: Chiwayland International)
29-12-2017, 12:17 PM,
Post: #1
CWG International (formerly: Chiwayland International)
This is substantially lower than the fair value of 37-57 cents a share that UOB Kay Hian reckoned it was worth in 2016, based on a 63-76% discount to its S$1.55/share RNAV

CWG International: CEO to privatise company at 19.5 c a share

Written by Leong Chan Teik
Published: 29 December 2017

Real estate S-chip CWG International is set to be delisted and privatised under an offer headed by its executive chairman and CEO, Qian Jianrong. He is also the controlling shareholder of CWG with a 75.4% deemed interest.

Mr Qian is the sole director of the Offeror, a special purpose vehicle called Elidom Investment which is jointly owned by Sinway Investment, H&H Wealth and Floriland.

These three parties have given irrevocable undertakings to tender all of their aggregate 81.1% stake in CWG International to accept the offer, which was announced yesterday.

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Specuvestor: Asset - Business - Structure.
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20-03-2018, 04:04 PM,
Post: #2
RE: CWG International (formerly: Chiwayland International)
Request for Suspension

The percentage of the total number of issued shares (excluding treasury shares) of CWG International Ltd. held in public hands has fallen below 10%.
Specuvestor: Asset - Business - Structure.
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