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churnw Elite	01-Jun-2020 09:34        churnw About Contact  Quote this Post!
x 0   x 0  Alert Admin	it is different entity, will not affect CB , at most write off that sub - entity only . cmengchan      ( Date: 01-Jun-2020 09:27) Posted: " damages of IDR 1.06 trillion (approximately SGD 102million)" The current market cap of Clearbridge is less than SGD120m.  So, expect to be paid using Clearbridge shares?  That meant issue approx 90% of current Clearbridge share count as payment, then they own approx 45% of company if they win.  Look opportunistic just because the business turnaround under better management.
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Fluffyclouds Master	01-Jun-2020 09:29        Fluffyclouds About Contact  Quote this Post! Style: Fundamental   Mood:
x 0   x 0  Alert Admin	Careful of the noise to scare you. 😱
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cmengchan Senior	01-Jun-2020 09:27        cmengchan About Contact  Quote this Post! Style: Flexible   Mood:
x 0   x 0  Alert Admin	" damages of IDR 1.06 trillion (approximately SGD 102million)" The current market cap of Clearbridge is less than SGD120m.  So, expect to be paid using Clearbridge shares?  That meant issue approx 90% of current Clearbridge share count as payment, then they own approx 45% of company if they win.  Look opportunistic just because the business turnaround under better management.
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Fluffyclouds Master	01-Jun-2020 09:21        Fluffyclouds About Contact  Quote this Post! Style: Fundamental   Mood:
x 0   x 0  Alert Admin	EXACTLY 😉 baffled me too when price drop someone scoop it faster then me again... Zzz WBdisciple      ( Date: 01-Jun-2020 09:19) Posted: " TMN, is seeking, among others, (a) the Court' s declaration that a certain notarial deed has been made unlawfully." Isn' t such docs handled by lawyers hence both parties (TMN and Clearbridge) will engage lawyers for such M& A transactions. Baffling that TMN wishs to make noise now when the transaction was completed in 2018. TMN probably red-eye on how Clearbridge turn the business around.
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WBdisciple Elite	01-Jun-2020 09:19        WBdisciple About Contact  Quote this Post!
x 0   x 0  Alert Admin	" TMN, is seeking, among others, (a) the Court' s declaration that a certain notarial deed has been made unlawfully." Isn' t such docs handled by lawyers hence both parties (TMN and Clearbridge) will engage lawyers for such M& A transactions. Baffling that TMN wishs to make noise now when the transaction was completed in 2018. TMN probably red-eye on how Clearbridge turn the business around.
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Fluffyclouds Master	01-Jun-2020 09:09        Fluffyclouds About Contact  Quote this Post! Style: Fundamental   Mood:
x 0   x 0  Alert Admin	Lol whoever throw it, somebody's took it.
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newbie888 Veteran	01-Jun-2020 09:09        newbie888 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Seems like sg firm venture into indo always kena scam big time.. Just look at gss energy
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vakanda Member	01-Jun-2020 09:00        vakanda About Contact  Quote this Post!
x 0   x 0  Alert Admin	did I see 1.8. shit!
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Timer78 Veteran	01-Jun-2020 08:13        Timer78 About Contact  Quote this Post!
x 0   x 0  Alert Admin	It probably implied it was a shrewd investment thus on hindsight sold too cheap to CB which also means earnings accretive to CB
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Fluffyclouds Master	01-Jun-2020 07:21        Fluffyclouds About Contact  Quote this Post! Style: Fundamental   Mood:
x 0   x 0  Alert Admin	Cant wait to see what happen! Interesting news!
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StevenKan Master	31-May-2020 23:42        StevenKan About Contact  Quote this Post!
x 0   x 0  Alert Admin	Sell clothes sell under wear.... grab as many as u can if hit 5.5 cents.... HUAT AH.......ahahaha.... gregtan123      ( Date: 31-May-2020 23:26) Posted: no wife or house lei. Also End of CB = End of CB. End of Circuit Breaker = End of Clear Bridge. Jokes only. I no more med stocks, Monday hand itchy. StevenKan      ( Date: 31-May-2020 23:25) Posted: Sell hourse sell car sell your wife??? ahahaha....
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StevenKan Master	31-May-2020 23:39        StevenKan About Contact  Quote this Post!
x 0   x 0  Alert Admin	Steady and keep calm.... xKaiseRx      ( Date: 31-May-2020 23:27) Posted: for us long term holder, not much problem.. scared those shorties nia StevenKan      ( Date: 31-May-2020 23:23) Posted: Guys.....no need to give false alarm.... be alarmed yourself.... read properly the statement disclosed by CB' s management. Below few points for u to take note: 1.  TMN informed TMJ that it had filed the Suit at the North Jakarta District Court (the " Court" ), without naming the parties to the claim and stating the basis of its claim 2. Neither TMJ nor CBMA has received any formal letter of demand from TMN relating to the claim or any written summons from the Court or other authorities. As a result, TMJ and CBMA are not able to ascertain the basis of TMN' s claim. 3.  No substantiation has been provided by TMN on how this claim for IDR 1.06 trillion or SGD 102 million has been derived -> Plugged from sky?? 4.  Shareholders and potential investors should note that as the basis of TMN' s claim is presently unclear to the Group CB' s management have no intention to hide anything & provide update to shareholders or market openly as fast as they were alerted something even though the claim is no head no tail and no basis still...which is very responsible in my opinion. We shall monitor closely before make any rush deicision.
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Fluffyclouds Master	31-May-2020 23:39        Fluffyclouds About Contact  Quote this Post! Style: Fundamental   Mood:
x 0   x 0  Alert Admin	HAHAHAHA. Can laugh die me reading this thread.  Anyway, inform yall ganchiong, bo inform say unethical. I agree with steven comment, where the number pluck sia. Must be business good then want sue all this.  gregtan123      ( Date: 31-May-2020 23:26) Posted: no wife or house lei. Also End of CB = End of CB. End of Circuit Breaker = End of Clear Bridge. Jokes only. I no more med stocks, Monday hand itchy. StevenKan      ( Date: 31-May-2020 23:25) Posted: Sell hourse sell car sell your wife??? ahahaha....
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dandanb Member	31-May-2020 23:28        dandanb About Contact  Quote this Post!
x 0   x 0  Alert Admin	Think so too. CB should counter claim sgd 102 million from TMN.
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xKaiseRx Veteran	31-May-2020 23:27        xKaiseRx About Contact  Quote this Post!
x 0   x 0  Alert Admin	for us long term holder, not much problem.. scared those shorties nia StevenKan      ( Date: 31-May-2020 23:23) Posted: Guys.....no need to give false alarm.... be alarmed yourself.... read properly the statement disclosed by CB' s management. Below few points for u to take note: 1.  TMN informed TMJ that it had filed the Suit at the North Jakarta District Court (the " Court" ), without naming the parties to the claim and stating the basis of its claim 2. Neither TMJ nor CBMA has received any formal letter of demand from TMN relating to the claim or any written summons from the Court or other authorities. As a result, TMJ and CBMA are not able to ascertain the basis of TMN' s claim. 3.  No substantiation has been provided by TMN on how this claim for IDR 1.06 trillion or SGD 102 million has been derived -> Plugged from sky?? 4.  Shareholders and potential investors should note that as the basis of TMN' s claim is presently unclear to the Group CB' s management have no intention to hide anything & provide update to shareholders or market openly as fast as they were alerted something even though the claim is no head no tail and no basis still...which is very responsible in my opinion. We shall monitor closely before make any rush deicision.   PQTPQK      ( Date: 31-May-2020 22:25) Posted: What the reason kena sued
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gregtan123 Supreme	31-May-2020 23:26        gregtan123 About Contact  Quote this Post!
x 0   x 0  Alert Admin	no wife or house lei. Also End of CB = End of CB. End of Circuit Breaker = End of Clear Bridge. Jokes only. I no more med stocks, Monday hand itchy. StevenKan      ( Date: 31-May-2020 23:25) Posted: Sell hourse sell car sell your wife??? ahahaha..... gregtan123      ( Date: 31-May-2020 22:40) Posted: if CB goes 5.5 cents, i ALL IN hah
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mirage1 Member	31-May-2020 23:25        mirage1 About Contact  Quote this Post!
x 0   x 0  Alert Admin	It means business is good. And when business good means need more share. So go to court to create a fuss without clear details lo. Then discuss again behind the door. dandanb      ( Date: 31-May-2020 23:21) Posted: CB aquisited controlling stake in TMJ for sgd 5.5 million in 2018 but TMN is claiming sgd 102 millions.... maybe unhappy with the terms and conditions for the acquisition in 2018? Justice888      ( Date: 31-May-2020 22:57) Posted: Wa $100 millio
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StevenKan Master	31-May-2020 23:25        StevenKan About Contact  Quote this Post!
x 0   x 0  Alert Admin	Sell hourse sell car sell your wife??? ahahaha..... gregtan123      ( Date: 31-May-2020 22:40) Posted: if CB goes 5.5 cents, i ALL IN haha PQTPQK      ( Date: 31-May-2020 22:35) Posted: GAP down tomorrow
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StevenKan Master	31-May-2020 23:23        StevenKan About Contact  Quote this Post!
x 0   x 0  Alert Admin	Guys.....no need to give false alarm.... be alarmed yourself.... read properly the statement disclosed by CB' s management. Below few points for u to take note: 1.  TMN informed TMJ that it had filed the Suit at the North Jakarta District Court (the " Court" ), without naming the parties to the claim and stating the basis of its claim 2. Neither TMJ nor CBMA has received any formal letter of demand from TMN relating to the claim or any written summons from the Court or other authorities. As a result, TMJ and CBMA are not able to ascertain the basis of TMN' s claim. 3.  No substantiation has been provided by TMN on how this claim for IDR 1.06 trillion or SGD 102 million has been derived -> Plugged from sky?? 4.  Shareholders and potential investors should note that as the basis of TMN' s claim is presently unclear to the Group CB' s management have no intention to hide anything & provide update to shareholders or market openly as fast as they were alerted something even though the claim is no head no tail and no basis still...which is very responsible in my opinion. We shall monitor closely before make any rush deicision.   PQTPQK      ( Date: 31-May-2020 22:25) Posted: What the reason kena sued? xKaiseRx      ( Date: 31-May-2020 22:23) Posted: really is shit happens.. while we are all boosted by sg yuan statement.. but i quite amazed by the claims.. 102 million.. their investment so big？ ？
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gregtan123 Supreme	31-May-2020 23:22        gregtan123 About Contact  Quote this Post!
x 0   x 0  Alert Admin	can test 5.5 tomorrow? 140 pips.  dandanb      ( Date: 31-May-2020 23:21) Posted: CB aquisited controlling stake in TMJ for sgd 5.5 million in 2018 but TMN is claiming sgd 102 millions.... maybe unhappy with the terms and conditions for the acquisition in 2018? Justice888      ( Date: 31-May-2020 22:57) Posted: Wa $100 millio
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