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IHC
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teeth53
Supreme |
10-Mar-2017 11:41
Yells: "don't learn through life, learn to grow with life " |
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10-03-2017 - UPDATE: IHC appoints informal bond steering committee
International Healthway Corporation has appointed five representatives to form an informal bond steering committee in itsrestructuring exercise. They are Robert Morris of Oasis Management Hong Kong, Terence Lin of iFAST Corporation, Andrew Pang (on behalf of Yong One Moi and Melvin Pang), Yeah ChiaWei of ValueMax Group and Toh Lay Hwa. An informal meeting with all IHC creditors will be held this afternoon. This will include investors who hold IHC's outstanding S$50m 7% April 27 2017s and its S$50m 6% February 6 2018s. The bonds have to be redeemed by April 25 following the triggering of a change of shareholding clause on the notes. IHC hired FTI Consulting last month to assess its financial position. OUE is acquiring IHC and has agreed to provide a S$50m loan at an interest of 4% to IHC to support its working capital needs. |
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chrisy1p
Member |
08-Mar-2017 23:00
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No no.The prospectus says it intends to stay listed. Unless its hands are forced. |
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happyharvest
Elite |
07-Mar-2017 23:28
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like that IHC gona delist!
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chrisy1p
Member |
07-Mar-2017 22:57
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As at 7 Mar 5pm, the total shareholdings owned stands at 64.46%. |
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teeth53
Supreme |
05-Mar-2017 22:11
Yells: "don't learn through life, learn to grow with life " |
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Maybe by (Thursday) March 30, 2017. Time: 17:30 pm. After this execise. Let see how many accept Raidy' s, OUE Limted offer?. |
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teeth53
Supreme |
05-Mar-2017 22:06
Yells: "don't learn through life, learn to grow with life " |
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To hit upto 90%, closer to due date...Hopefully, all end well. Raidy' s so far only 63.18% as of March 3, 2017. teeth53 thot - Very slow n many not selling their share. only added another 5.58% nia nia.
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teeth53
Supreme |
05-Mar-2017 21:38
Yells: "don't learn through life, learn to grow with life " |
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After sales (21-02-17) by Oxley' s 35.77%. Raidy' s shr rose to 57.6%. As of March 3, 2017. A further 5.58% were required to hit 63.18% as announcement in SGX-ST.
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newbieinvestor
Member |
04-Mar-2017 17:15
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i lose money from buy 31 cents now sell 10.7 cents. i wish the directors all refer to CAD SGX and go to jail better.
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newbieinvestor
Member |
04-Mar-2017 17:11
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yes, if compulsory acquire IFC will pay you cash yes, if not compulsory acquire and no more listed will give you physical share certificate. you better hope for the compulsory acquire. you be small shareholder in private company no use. before he sell to OUE oxley want to give $50m++ loan to IHC to pay bond in April. now OUE must give the $50m. he give $50m you kena dilute until nothing left
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chrisy1p
Member |
04-Mar-2017 16:40
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Hi, By 30 Mar, if IFC acquires more than 90% and decides to exercise rights to compulsorily acquire all the shares, IFC will still pay me cash? By 30 Mar, if IFC acquires more than 90% and decides not to exercise rights to compulsorily acquire all the shares and free float requirement is less than 10%, IFC will issue me a physical share certificate? |
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goodman
Senior |
23-Feb-2017 09:28
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this is how the Indonesians work. And this guy is well known of shrewd but yet ethical. His people are all well paid to do the job. Oxley? lol... |
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teeth53
Supreme |
23-Feb-2017 08:05
Yells: "don't learn through life, learn to grow with life " |
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This one maybe some others BBs offering price.????.
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teeth53
Supreme |
23-Feb-2017 07:48
Yells: "don't learn through life, learn to grow with life " |
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It' s oredi well plan n ahead when they offer to eat up Oxley' s 35.77% share in IHC.
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teeth53
Supreme |
23-Feb-2017 07:46
Yells: "don't learn through life, learn to grow with life " |
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Nothing is too difficult for Raidy' s n family...to eat up n grow their business, with their ton on money ard.
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TechnicalTrader
Master |
23-Feb-2017 07:46
Yells: "Traders perform TA using TI. Success rely on Technique used" |
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it will not fall below $.114 cushion..
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teeth53
Supreme |
23-Feb-2017 07:43
Yells: "don't learn through life, learn to grow with life " |
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Ya. after cleaning all the shits :(, comes the sunshine...:)) It te time n some hard work for new buyer to see their business growing...No such thing as quick or easy money coming in.
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Lepin888
Veteran |
23-Feb-2017 07:29
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Best now to suspend and clean up mess. Also haul former directors up and refer to CAD SGX for investigations | ||||
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Lepin888
Veteran |
23-Feb-2017 07:24
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Yup can of worms opened.....former director borrow $$ from loan sharks or similar...wuzi land in dispute and may lose all of it...money owing even to previous directors who created mess!
What a mess! What is SGX doing? IHC maybe need to be suspended again |
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TechnicalTrader
Master |
23-Feb-2017 01:04
Yells: "Traders perform TA using TI. Success rely on Technique used" |
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A lot of shits need to be cleared... Lucky that I had cleared my holding.. http://infopub.sgx.com/FileOpen/Further%20Update.ashx?App=Announcement& FileID=440325 |
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Lepin888
Veteran |
22-Feb-2017 22:03
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Could see former directors being hauled up | ||||
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