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IPC Corporation
12-09-2018, 10:01 AM.
Post: #81
RE: IPC Corporation
(11-09-2018, 07:20 PM)Vseeker Wrote: Oei H. L. sold off his 32.96% stake !!

all 28.111m shrs sold for $11.245m ( @ 40c pShr )

12m shrs were bought by the NGIAMs

Any idea what was his purchase price for this stake...
"You are right not because the world agrees or disagrees with you, rather you are right because your facts & reasoning are right."

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12-09-2018, 11:29 PM.
Post: #82
RE: IPC Corporation
(12-09-2018, 10:01 AM)sgmystique Wrote:
(11-09-2018, 07:20 PM)Vseeker Wrote: Oei H. L. sold off his 32.96% stake !!

all 28.111m shrs sold for $11.245m ( @ 40c pShr )

12m shrs were bought by the NGIAMs

Any idea what was his purchase price for this stake...

dun have exact ans to your Q.
only know this two
1) he bot 53m shrs @9c in May2005
2) also pickup 66m @8c in 2012's RTs Iss
...above equiv to 11.8m shrs @ cost of apprix $0.85 each....exiting at $2 each (Adjusted for ShrConso+$1.60 CAR).

Believ rest of the shrs acq betwn 8c - 17c (b4 10-into-1 shr Conso)

More interesting Q:
why Oei selling now and happy with 40c ?
vs IPC's 93c Nav pShr
 + recent Proposed disposal of hotel assets in ZhuHai

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