| Latest Forum Topics / Accordia Golf Tr |
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U turn !!
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Starship
Supreme |
14-Jun-2021 10:31
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It has been Crooks Favourite Hideout for decades already.    ![]() ![]() A cosy nest for snakes and rats!!!!!  
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pkli899
Supreme |
14-Jun-2021 10:20
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4 and a half months after cut off date for claim, still not delisted! Really questionable....
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prophetjul
Master |
14-Jun-2021 09:01
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The conditions to finalise the sale should have a time limit. Glad i took off from these crooks. Seems that they are many crooks hanging around the SGX nowadays. Tread carefully. |
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laksaman57
Supreme |
13-Jun-2021 19:44
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9 months past liao 😱
https://www.businesstimes.com.sg/companies-markets/accordia-golf-trust-completes-divestment-suspends-trading-in-units
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Goldfinger
Supreme |
13-Jun-2021 19:15
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Should query SGX | ||
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Sadashiv
Member |
13-Jun-2021 19:02
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Absolutely no justification for Accordia to keep matter pending unless intentions are to drain the company leaving nothing for the real owners, the shareholders. In which case one can only categorise their intentions as being crooked ! Right from the start this company has been a loser as far as the shareholders are concerned and obviously was a nice source of management income for the REIT managers ! | ||
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pkli899
Supreme |
17-May-2021 20:43
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Really don' t know why they take so long. When can delist and give us the final pay out? Cut off for claim was on 31st Jan. Already 3 and the half months passed. Meanwhile, cash balance is being depleted. 
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Starship
Supreme |
17-May-2021 19:15
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MONTHLY VALUATION OF ASSETS AND UTILISATION OF CASH  For Apr 2021 (as at 30 Apr) in SGD       Management fee payable to Trustee-Manager _________ 2,000 Liquidation related expenses    ____________________ 32,000  Other trust related expenses _____________________ nil  Total expenditures ____________________________ 34,000 Net assets attributable to unitholders of AGT**_____ 23,749,000    Net asset value per unit of AGT (Based on 1,099,122,000 Units in issue) __  2.16 cents |
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Starship
Supreme |
17-Apr-2021 15:01
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MONTHLY VALUATION OF ASSETS AND UTILISATION OF CASH  For Mar 2021 (as at 31 Mar) in SGD       Management fee payable to Trustee-Manager _________ 7,000 Liquidation related expenses    ____________________ 29,000  Other trust related expenses _____________________ 66,000  Total expenditures ____________________________ 102,000 Net assets attributable to unitholders of AGT**_____ 23,756,000    Net asset value per unit of AGT (Based on 1,099,122,000 Units in issue) __        2.16 cents |
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prophetjul
Master |
17-Apr-2021 10:19
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Bag holders are longggggggggg suffering. Why didn' t you people just sell and move on?  | ||
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laksaman57
Supreme |
16-Apr-2021 22:33
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https://links.sgx.com/1.0.0/corporate-announcements/VAFO5NQ5PJ02T5LF/386b050aa3b3903b6a13f3f48b386b3aebea860428ea9efdc39e49fc7f20421a
".....as at 31 March 2021 are as follows: Trade and other payables Management fee payable to Trustee-Manager S$7,000 Liquidation related expenses S$29,000 Other trust related expenses S$66,000 |
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laksaman57
Supreme |
14-Apr-2021 14:12
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Hopefully money in bank awaiting final interest payout before final distribution to unitholders 🤞 | ||
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pkli899
Supreme |
14-Apr-2021 13:10
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Should have final payout......unless they siphon whatever balance available. Don' t know what is holding up the process......super slow. Deliberately dragging to finish off the $?
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prophetjul
Master |
14-Apr-2021 11:38
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So long drawn exercise. I am glad i sold earlier!    | ||
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hoyhey
Member |
14-Apr-2021 11:08
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When is this gonna be closed? Are we still expecting final payout? | ||
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laksaman57
Supreme |
01-Apr-2021 16:09
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Poof 💸 | ||
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pkli899
Supreme |
01-Apr-2021 15:03
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Ya, what will be the implication. No CFO, $ siphon out, who incharge?
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laksaman57
Supreme |
01-Apr-2021 14:57
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"The Board of Directors (the ?Board?) of Accordia Golf Trust Management Pte. Ltd., as Trustee-Manager of
Accordia Golf Trust (the ?Trustee-Manager? or the ?Company?), wishes to announce the resignations of Mr Fumihiko Niwa as Chief Financial Officer and Mr Takahiro Kurosawa as Chief Investment and Asset Management Officer of the Company with effect from 31 March 2021." |
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pattanispirit
Member |
29-Mar-2021 18:34
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never, never, never touch anything that is from  Macquarie. Accordia Golf Tr is coming from disintegrating Macquarie International Infrastructure Fund Limited (MIIF). Another offspring from ex MIIF is Asian Pay Tv Tr. When the mgr planned to delist MIIF, u can see how they literally throw away investors money by selling the assets at garung guni prices. MIIF has acquired 100% of infraVest Wind Power Co. Ltd (the Company) for an equity commitment of &euro 13.3 million (c.S$28.0 million1) in 2007 https://www.finanznachrichten.de/pdf/20100213_015127_B07_D1A222744782F875482576C80061962C.1.pdf Divested MIIF&rsquo s 100% interest in Miaoli Wind to Challenger Emerging Market Infrastructure Fund Pte Ltd for a total cash consideration of NT$2.25 million (S$94,768) in 2013 https://links.sgx.com/FileOpen/MIIFQ12014Preso.ashx?App=ArchiveAnnouncement& FileID=296881 the most profitable biz in MIIF were their China Expressway Toll biz, but they were badly managed that in comparison w other Toll Operator (delisted  China Merchants Holdings (Pacific) ), the returns were pathetic.  just go thru the history of MIIF from SGX website, it is not easy to find out that the fund was badly managed.  never invest because of the high yield, it is usu come with high risk.    |
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Goldfinger
Supreme |
18-Mar-2021 12:26
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This SGX should really force them to distribute out the remaining proceeds. Cannot let this Manager bleed us dry. | ||
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