| Latest Forum Topics / CWG Intl |
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60 to 40cents...time to pick up cheaply
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sengsk
Elite |
07-Feb-2018 08:39
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CWG International to proceed with delisting after public float falls below 10%By: 
PC Lee
SINGAPORE (Feb 7): The consortium led by CWG International' s co-founder will go ahead to delist the company after garnering a 90.19% stake in the property  group. Elidom Investment Co., led by Qian Jianrong an omprising Sinway Investment, H& H Wealth and Floriland Co., announced on Tuesday night it now owns or controls some 597 million shares of the 662 million shares on issue. CWG has no treasury shares. As the public float has fallen to less than 10%, Elidom says it will despatch a letter to acquire CWG shares from remaining shareholders and take steps to delist the company, as required under SGX' s listing rules.  
Last Dec, Elidom made a voluntary conditional cash offer for all the CWG shares it does not already own at 19.5 cents each. See: CWG co-founder leads consortium in 19.5 cents offer for all its shares plans to delist, privatise company Elidom' s offer for CWG had turned unconditional on Jan 22 after controlling 81.89% of the company including those from shareholders who have accepted the offer. Shares in CWG closed flat on Tuesday at 19.4 cents each.
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sengsk
Elite |
07-Feb-2018 08:38
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CWG offer 0.195 where market price are at 0.194 The management team should be using wrong brand of calculator . LOL |
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sengsk
Elite |
23-Jan-2018 16:12
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Understand there' s some exercise on the way ? Anyone know ?   |
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HANZXC
Member |
03-Jan-2018 20:39
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Tbh, would rather keep and take the 1C dividend every year instead of selling at delisting price of 0.195 as the company seems to be growing quite steadily...
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HANZXC
Member |
02-Jan-2018 09:56
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High Volume these few days... | ||
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tohchinhwee
Senior |
29-Dec-2017 12:22
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Lifted | ||
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halleluyah
Supreme |
29-Dec-2017 09:09
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cover till abv 20ct....just hold tight............
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Observers
Elite |
29-Dec-2017 09:00
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Wah, like that shortist how to cover? | ||
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halleluyah
Supreme |
29-Dec-2017 08:57
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why now trading halt?? | ||
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tohchinhwee
Senior |
29-Dec-2017 06:39
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Talk so good . 1cent dividend n soecial bonus if result good. Ipo at 60cent. Delist at 0.195cents1.??? | ||
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halleluyah
Supreme |
29-Dec-2017 01:49
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Why delist?? Tis babe gt lots of projects to top in 2018, 2019, 2020....wow cheap skate offer px....Nav 30.52... | ||
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tohchinhwee
Senior |
28-Dec-2017 23:55
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Sinway is principally an investment holding company which is held by Mr. Qian Jianrong (86.0%), Mr. Mao En (7.5%), Mr. Gong Ming (4.3%) and Mr. Tian Honglei (2.2%). Its sole director is Mr. Qian Jianrong.  This qian jianrong is the ceo of cwg.   ??? | ||
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tohchinhwee
Senior |
28-Dec-2017 23:46
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then we all can sell all our shares if the price opens at .0195cents tmr alreday. | ||
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chinton86
Master |
28-Dec-2017 23:21
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19.5 is a low price to delist. It' s quite sad that market don' t appreciate this company. Thats' s y Ah Chua went to SPH. | ||
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n3wbie
Elite |
28-Dec-2017 22:47
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congrats to those vested, GO price 19.5c. | ||
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Observers
Elite |
28-Dec-2017 22:10
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RHT Capital Pte. Ltd. (" RHT Capital" ) wishes to announce, for and on behalf of Elidom Investment Co., Ltd (the " Offeror" ), that the Offeror intends to make a voluntary conditional cash offer (the " Offer" ) for all the issued and paid-up ordinary shares (the " Shares" ) in the capital of CWG International Ltd.  Game over?  Next better counter? |
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ss2017.
Supreme |
22-Dec-2017 18:53
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It may be when the share price hits  0.158, it will take off from there. Near but yet quite far away.
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tohchinhwee
Senior |
21-Dec-2017 14:07
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Chart looks good. Will move up once it clear the ma200 resistance at 0.155 | ||
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n3wbie
Elite |
19-Dec-2017 08:22
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volume has been on the rise as well in recent days with strong accumulation. with the company' s 1c dividend policy, presents an attractive buying opportunity at this level of 6.5% dividend yield. market also seems to have missed out on their recent divestment gain with last high at 20c. earlier this year, the company and insiders were buying back shares at levels up to 17c, still deep value to be realised.
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ss2017.
Supreme |
15-Dec-2017 14:06
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I begin slowly seeing some buying interests, hope this momentum is keep going up to a critcal point. | ||
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