logo transparent gif
top_white_spacer
Home Latest Stock Forum Topics MyCorner - Personal Stocks Porfolio Stock Lists Investor Insights Investor Research & Links Dynamic Stock Charting FREE Registration About Us top spacer top spacer
 User Password Auto-Login
Enter Stock
 
righttip
branding

Back
First   < Newer   121-140 of 335   Older>   Last  
Latest Forum Topics / Accordia Golf Tr  Post Reply
Wing Tai
laksaman57
Supreme
31-Jul-2021 10:49     
 
laksaman57 About Contact  Quote this Post!  
  x 0
  x 0

 Alert Admin 		https://www.google.com/amp/s/amp.dw.com/en/coronavirus-helps-golf-in-japan/a-56779444

"Coronavirus helps golf to bounce back in Japan
With the advent of the coronavirus pandemic and a dramatic shift in the lifestyles of many Japanese, the sport is enjoying new-found popularity.

The Golf Digest Online course reservation site reported a record number of bookings in calendar 2020, up 12% on the previous year, while the organization for golf course operators announced that player numbers were up 10% in October compared to that of the same month one year earlier, which was before the pandemic struck.

Similarly, operators of golf driving ranges and companies selling golfing equipment and specialist clothing for the sport are all reporting increased sales.

The recent boom in the sport is "incredible," says Bennett Galloway, president and CEO of the Galloway Golf Group and a player in Japan for 30 years. And he says that while it may have been prompted by the pandemic, it may very well be sustained by changing social attitudes here. "
 Useful To Me  Not Useful To Me
Goldfinger
Supreme
30-Jul-2021 23:15     
 
Goldfinger About Contact  Quote this Post!  
  x 0
  x 0

 Alert Admin 		Yep - good news, although this was a fire sale in the midst of the COVID pandemic nonetheless.

JerryMaple      ( Date: 30-Jul-2021 23:13) Posted:

Finally.. Least expected.. Best news for July haha

tcctcc      ( Date: 30-Jul-2021 22:48) Posted:

Finally. Delisting and giving back 2.17 cents per share on 17 Aug. Cheers
 Useful To Me  Not Useful To Me


JerryMaple
Veteran
30-Jul-2021 23:13     
 
JerryMaple About Contact  Quote this Post!  
  x 0
  x 0

 Alert Admin 		Finally.. Least expected.. Best news for July haha

tcctcc      ( Date: 30-Jul-2021 22:48) Posted:

Finally. Delisting and giving back 2.17 cents per share on 17 Aug. Cheers.

Goldfinger      ( Date: 22-Jul-2021 15:56) Posted:

Like bleeding us all dry - drop  by drop.
 Useful To Me  Not Useful To Me
tcctcc
Senior
30-Jul-2021 22:48     
 
tcctcc About Contact  Quote this Post!  
  x 0
  x 0

 Alert Admin 		Finally. Delisting and giving back 2.17 cents per share on 17 Aug. Cheers.

Goldfinger      ( Date: 22-Jul-2021 15:56) Posted:

Like bleeding us all dry - drop  by drop.
 Useful To Me  Not Useful To Me
Goldfinger
Supreme
22-Jul-2021 15:56     
 
Goldfinger About Contact  Quote this Post!  
  x 0
  x 0

 Alert Admin 		Like bleeding us all dry - drop  by drop.
 Useful To Me  Not Useful To Me


Starship
Supreme
22-Jul-2021 15:37     
 
Starship About Contact  Quote this Post!  
  x 0
  x 0

 Alert Admin 		A massive S$114,000 expended last month for a trust that has nothing left other than a bank account!!!    no

MONTHLY VALUATION OF ASSETS AND UTILISATION OF CASH 

For June 2021 (as at 30 Jun) in SGD
     
Management fee payable to Trustee-Manager _________ 7,000
Liquidation related expenses    ____________________ 103,000 
Other trust related expenses _____________________ 4,000 
Total expenditures ____________________________ 114,000
Net assets attributable to unitholders of AGT**_____ 23,663,000   
Net asset value per unit of AGT  (Based on 1,099,122,000 Units in issue) __      2.15 cents

http://accordiagolftrust.listedcompany.com/newsroom/20210715_171746_ADQU_EHZM9P83ILD86G6C.1.pdf

Starship      ( Date: 16-Jun-2021 19:29) Posted:

Everyone please email AGT and demand they delist and pay us the final residual dividends ASAP without further delay !!!!!
[email protected]


MONTHLY VALUATION OF ASSETS AND UTILISATION OF CASH 

For May 2021 (as at 31 May) in SGD
     
Management fee payable to Trustee-Manager _________ 5,000
Liquidation related expenses    ____________________ 39,000 
Other trust related expenses _____________________ 3,000 
Total expenditures ____________________________ 47,000
Net assets attributable to unitholders of AGT**_____ 23,736,000   
Net asset value per unit of AGT  (Based on 1,099,122,000 Units in issue) __    2.16 cents
 Useful To Me  Not Useful To Me
prophetjul
Master
15-Jul-2021 08:34     
 
prophetjul About Contact  Quote this Post!  
  x 0
  x 0

 Alert Admin 		This delay will have eaten in the " IF ANY" by way of operating costs, etc.  LOL

laksaman57      ( Date: 14-Jul-2021 18:13) Posted:

"If Any" 😱

 Useful To Me  Not Useful To Me
laksaman57
Supreme
14-Jul-2021 18:13     
 
laksaman57 About Contact  Quote this Post!  
  x 0
  x 0

 Alert Admin 		"If Any" 😱
 Useful To Me  Not Useful To Me


Starship
Supreme
14-Jul-2021 09:29     
 
Starship About Contact  Quote this Post!  
  x 0
  x 0

 Alert Admin 		Looks like our barrage of emails did at least wake them up fm their hibernation !!!!!!!  angellaughcheeky

ACCORDIA GOLF TRUST
UPDATE

The board of directors (the &ldquo Board&rdquo ) of Accordia Golf Trust Management Pte. Ltd., as trustee-manager of Accordia Golf Trust (&ldquo AGT&rdquo or the &ldquo Trust&rdquo , and the trustee-manager of AGT, the &ldquo Trustee-Manager&rdquo ) refers to the circular despatched or issued to unitholders of AGT (&ldquo Unitholders&rdquo ) dated 21 August 2020 (the &ldquo Circular&rdquo ).

Unless otherwise defined, all capitalised terms used in this Announcement shall bear the same meaning as in the Circular.

The Trustee-Manager wishes to update that it can make the Final Distribution (if any) and proceed with the winding up and delisting of AGT as soon as AGT&rsquo s tax matters are finalised. Accordingly, the Trustee Manager will make the relevant announcements on SGXNET in relation to the timing of the Final Distribution (if any) and the delisting of AGT once the timeline has been determined.

By Order of the Board of
Accordia Golf Trust Management Pte. Ltd.
as trustee-manager of
Accordia Golf Trust
Khoo Kee Cheok Chairman
22 June 2021 

http://accordiagolftrust.listedcompany.com/newsroom/20210622_171609_ADQU_MBLBEZL3IH2Q2FEX.1.pdf

Starship      ( Date: 17-Jun-2021 16:30) Posted:

So it' s now clear that everyone gets this exact same reply fm Zoe.
It must be the same old prepared script that has been used over the last few mths to reply all shreholders that emailed them!!!!  no

pkli899      ( Date: 17-Jun-2021 16:12) Posted:


I asked for reason for the delay in delisting. They answer as below (said so much but never answer my question!):

Thank you for taking time to write to us.

  Unitholders will be provided further information in relation to the delisting and final Distribution (if any) in due course.

With regards to the  final distribution,  you may want to refer to Pages 10 and 11 of the Circular in our announcement released on the SGXNet on 21 August 2020 on the distributions from the proceeds of the Proposed Divestment:

https://links.sgx.com/1.0.0/corporate-announcements/JHZJ7QU5K0VSWH2G/22a29ff63f69c6d8904a5bef7fdcfa0483337a13a32af6a2509c823fa1bc7212

Use of Proceeds and Special Distributions 

Under the TK Interest Transfer Agreement, the Trustee-Manager is required to distribute to Unitholders:

(a)                      at least JPY59,984 million (approximately S$780.5 million), representing 92% of the Purchase Consideration within 25 business days of the Assignment Date (the &ldquo First Tranche Special Distribution&rdquo ) and

(b)                      subject to there being no claims by Accordia Golf by (i) the date falling three months after the Assignment Date or (ii) the date of Accordia Golf&rsquo s written notice to the Trustee-Manager confirming that it has no claims against the Trustee-Manager and has no intention of filing any claims in the future, whichever is earlier (the &ldquo Claim Expiry Date&rdquo ), at least JPY3,260 million (approximately S$42.4 million), representing 5% of the Purchase Consideration within 25 business days after the Claim Expiry Date (the &ldquo Second Tranche Special Distribution&rdquo , and together with the First Tranche Special Distribution, the &ldquo Special Distributions&rdquo ).

The remaining 3% of the Purchase Consideration, being JPY1,956 million (approximately S$25.5 million), along with the outstanding cash balance of AGT[1], will be used to pay,  inter alia, the  costs and expenses arising from the Proposed Divestment and in connection with the proposed Winding Up,  the Base Fee (as defined herein) post-Completion and the Divestment Fee[2]  (as defined herein) payable to the Trustee-Manager, the costs and expenses for the maintenance and management of AGT during the Interim Period (as defined herein) and  tax liabilities of AGT as determined by the Inland Revenue Authority of Singapore (&ldquo IRAS&rdquo ) (if any).  A detailed breakdown of the payments is set out in paragraph  9.2  of the Letter to Unitholders.

Any remaining cash in AGT after settling the above-mentioned payments  shall on the Winding Up be applied to make a final distribution to the Unitholders in accordance with the Winding Up procedures set out in paragraph 10.4 below  (the &ldquo Final Distribution&rdquo ). 

The Trustee-Manager will make further announcements on the Special Distributions, the applicable Books Closure Date for each of the Special Distributions and the date of payment of each of the Special Distributions following Completion.  The relevant announcements will also be made in respect of the Final Distribution (if any). 

As for the  delisting, as mentioned in our announcement on the Completion of the Proposed Divestment  of AGT&rsquo s Interests in all of its golf courses to Accordia Golf Co., Ltd.  released  on  29 September 2020 on the SGXNet:

https://links.sgx.com/1.0.0/corporate-announcements/LTDGEUD39HVJ9ZMV/718da0559fd1c387176ef97f4902270e7332f73b8fbfeda7f67711e0af740a34

5.                        FURTHER ANNOUNCEMENTS
The Trustee-Manager will release further announcements where appropriate to keep Unitholders updated on, among others, the  payment of the Second Tranche Special Distribution, the Winding Up and  delisting of AGT.

Best Regards



 

Accordia Golf Trust Management Pte. Ltd.
Zoe Lim


 Useful To Me  Not Useful To Me
prophetjul
Master
14-Jul-2021 09:06     
 
prophetjul About Contact  Quote this Post!  
  x 0
  x 0

 Alert Admin 		How many of you still stick with this stock?  How long as it been?   
 Useful To Me  Not Useful To Me
pkli899
Supreme
17-Jun-2021 16:38     
 
pkli899 About Contact  Quote this Post!  
  x 0
  x 0

 Alert Admin 		Haha, Starship.....I suspect also.
The more I worry some hanky panky maybe going on.
Otherwise, no reason for them to delay.
 Useful To Me  Not Useful To Me
Starship
Supreme
17-Jun-2021 16:30     
 
Starship About Contact  Quote this Post!  
  x 0
  x 0

 Alert Admin 		So it' s now clear that everyone gets this exact same reply fm Zoe.
It must be the same old prepared script that has been used over the last few mths to reply all shreholders that emailed them!!!!  no

pkli899      ( Date: 17-Jun-2021 16:12) Posted:


I asked for reason for the delay in delisting. They answer as below (said so much but never answer my question!):

Thank you for taking time to write to us.

  Unitholders will be provided further information in relation to the delisting and final Distribution (if any) in due course.

With regards to the  final distribution,  you may want to refer to Pages 10 and 11 of the Circular in our announcement released on the SGXNet on 21 August 2020 on the distributions from the proceeds of the Proposed Divestment:

https://links.sgx.com/1.0.0/corporate-announcements/JHZJ7QU5K0VSWH2G/22a29ff63f69c6d8904a5bef7fdcfa0483337a13a32af6a2509c823fa1bc7212

Use of Proceeds and Special Distributions 

Under the TK Interest Transfer Agreement, the Trustee-Manager is required to distribute to Unitholders:

(a)                      at least JPY59,984 million (approximately S$780.5 million), representing 92% of the Purchase Consideration within 25 business days of the Assignment Date (the &ldquo First Tranche Special Distribution&rdquo ) and

(b)                      subject to there being no claims by Accordia Golf by (i) the date falling three months after the Assignment Date or (ii) the date of Accordia Golf&rsquo s written notice to the Trustee-Manager confirming that it has no claims against the Trustee-Manager and has no intention of filing any claims in the future, whichever is earlier (the &ldquo Claim Expiry Date&rdquo ), at least JPY3,260 million (approximately S$42.4 million), representing 5% of the Purchase Consideration within 25 business days after the Claim Expiry Date (the &ldquo Second Tranche Special Distribution&rdquo , and together with the First Tranche Special Distribution, the &ldquo Special Distributions&rdquo ).

The remaining 3% of the Purchase Consideration, being JPY1,956 million (approximately S$25.5 million), along with the outstanding cash balance of AGT[1], will be used to pay,  inter alia, the  costs and expenses arising from the Proposed Divestment and in connection with the proposed Winding Up,  the Base Fee (as defined herein) post-Completion and the Divestment Fee[2]  (as defined herein) payable to the Trustee-Manager, the costs and expenses for the maintenance and management of AGT during the Interim Period (as defined herein) and  tax liabilities of AGT as determined by the Inland Revenue Authority of Singapore (&ldquo IRAS&rdquo ) (if any).  A detailed breakdown of the payments is set out in paragraph  9.2  of the Letter to Unitholders.

Any remaining cash in AGT after settling the above-mentioned payments  shall on the Winding Up be applied to make a final distribution to the Unitholders in accordance with the Winding Up procedures set out in paragraph 10.4 below  (the &ldquo Final Distribution&rdquo ). 

The Trustee-Manager will make further announcements on the Special Distributions, the applicable Books Closure Date for each of the Special Distributions and the date of payment of each of the Special Distributions following Completion.  The relevant announcements will also be made in respect of the Final Distribution (if any). 

As for the  delisting, as mentioned in our announcement on the Completion of the Proposed Divestment  of AGT&rsquo s Interests in all of its golf courses to Accordia Golf Co., Ltd.  released  on  29 September 2020 on the SGXNet:

https://links.sgx.com/1.0.0/corporate-announcements/LTDGEUD39HVJ9ZMV/718da0559fd1c387176ef97f4902270e7332f73b8fbfeda7f67711e0af740a34

5.                        FURTHER ANNOUNCEMENTS
The Trustee-Manager will release further announcements where appropriate to keep Unitholders updated on, among others, the  payment of the Second Tranche Special Distribution, the Winding Up and  delisting of AGT.

Best Regards



 

Accordia Golf Trust Management Pte. Ltd.
Zoe Lim

 Useful To Me  Not Useful To Me


pkli899
Supreme
17-Jun-2021 16:12     
 
pkli899 About Contact  Quote this Post!  
  x 0
  x 0

 Alert Admin
I asked for reason for the delay in delisting. They answer as below (said so much but never answer my question!):

Thank you for taking time to write to us.

  Unitholders will be provided further information in relation to the delisting and final Distribution (if any) in due course.

With regards to the  final distribution,  you may want to refer to Pages 10 and 11 of the Circular in our announcement released on the SGXNet on 21 August 2020 on the distributions from the proceeds of the Proposed Divestment:

https://links.sgx.com/1.0.0/corporate-announcements/JHZJ7QU5K0VSWH2G/22a29ff63f69c6d8904a5bef7fdcfa0483337a13a32af6a2509c823fa1bc7212

Use of Proceeds and Special Distributions 

Under the TK Interest Transfer Agreement, the Trustee-Manager is required to distribute to Unitholders:

(a)                      at least JPY59,984 million (approximately S$780.5 million), representing 92% of the Purchase Consideration within 25 business days of the Assignment Date (the &ldquo First Tranche Special Distribution&rdquo ) and

(b)                      subject to there being no claims by Accordia Golf by (i) the date falling three months after the Assignment Date or (ii) the date of Accordia Golf&rsquo s written notice to the Trustee-Manager confirming that it has no claims against the Trustee-Manager and has no intention of filing any claims in the future, whichever is earlier (the &ldquo Claim Expiry Date&rdquo ), at least JPY3,260 million (approximately S$42.4 million), representing 5% of the Purchase Consideration within 25 business days after the Claim Expiry Date (the &ldquo Second Tranche Special Distribution&rdquo , and together with the First Tranche Special Distribution, the &ldquo Special Distributions&rdquo ).

The remaining 3% of the Purchase Consideration, being JPY1,956 million (approximately S$25.5 million), along with the outstanding cash balance of AGT[1], will be used to pay,  inter alia, the  costs and expenses arising from the Proposed Divestment and in connection with the proposed Winding Up,  the Base Fee (as defined herein) post-Completion and the Divestment Fee[2]  (as defined herein) payable to the Trustee-Manager, the costs and expenses for the maintenance and management of AGT during the Interim Period (as defined herein) and  tax liabilities of AGT as determined by the Inland Revenue Authority of Singapore (&ldquo IRAS&rdquo ) (if any).  A detailed breakdown of the payments is set out in paragraph  9.2  of the Letter to Unitholders.

Any remaining cash in AGT after settling the above-mentioned payments  shall on the Winding Up be applied to make a final distribution to the Unitholders in accordance with the Winding Up procedures set out in paragraph 10.4 below  (the &ldquo Final Distribution&rdquo ). 

The Trustee-Manager will make further announcements on the Special Distributions, the applicable Books Closure Date for each of the Special Distributions and the date of payment of each of the Special Distributions following Completion.  The relevant announcements will also be made in respect of the Final Distribution (if any). 

As for the  delisting, as mentioned in our announcement on the Completion of the Proposed Divestment  of AGT&rsquo s Interests in all of its golf courses to Accordia Golf Co., Ltd.  released  on  29 September 2020 on the SGXNet:

https://links.sgx.com/1.0.0/corporate-announcements/LTDGEUD39HVJ9ZMV/718da0559fd1c387176ef97f4902270e7332f73b8fbfeda7f67711e0af740a34

5.                        FURTHER ANNOUNCEMENTS
The Trustee-Manager will release further announcements where appropriate to keep Unitholders updated on, among others, the  payment of the Second Tranche Special Distribution, the Winding Up and  delisting of AGT.

Best Regards



 

Accordia Golf Trust Management Pte. Ltd.
Zoe Lim
 Useful To Me  Not Useful To Me
Starship
Supreme
16-Jun-2021 19:37     
 
Starship About Contact  Quote this Post!  
  x 0
  x 0

 Alert Admin 		Link to the below announcement"

http://accordiagolftrust.listedcompany.com/newsroom/20210615_171607_ADQU_Z7L94LGIM295BGKZ.1.pdf

Starship      ( Date: 16-Jun-2021 19:29) Posted:

Everyone please email AGT and demand they delist and pay us the final residual dividends ASAP without further delay !!!!!
[email protected]


MONTHLY VALUATION OF ASSETS AND UTILISATION OF CASH 

For May 2021 (as at 31 May) in SGD
     
Management fee payable to Trustee-Manager _________ 5,000
Liquidation related expenses    ____________________ 39,000 
Other trust related expenses _____________________ 3,000 
Total expenditures ____________________________ 47,000
Net assets attributable to unitholders of AGT**_____ 23,736,000   
Net asset value per unit of AGT  (Based on 1,099,122,000 Units in issue) __    2.16 cents
 Useful To Me  Not Useful To Me
pkli899
Supreme
16-Jun-2021 19:31     
 
pkli899 About Contact  Quote this Post!  
  x 0
  x 0

 Alert Admin 		Ya, will write.....every holders write please.
Money getting lesser by the day!

Starship      ( Date: 16-Jun-2021 19:29) Posted:

Everyone please email AGT and demand they delist and pay us the final residual dividends ASAP without further delay !!!!!
[email protected]


MONTHLY VALUATION OF ASSETS AND UTILISATION OF CASH 

For May 2021 (as at 31 May) in SGD
     
Management fee payable to Trustee-Manager _________ 5,000
Liquidation related expenses    ____________________ 39,000 
Other trust related expenses _____________________ 3,000 
Total expenditures ____________________________ 47,000
Net assets attributable to unitholders of AGT**_____ 23,736,000   
Net asset value per unit of AGT  (Based on 1,099,122,000 Units in issue) __    2.16 cents
 Useful To Me  Not Useful To Me
Starship
Supreme
16-Jun-2021 19:29     
 
Starship About Contact  Quote this Post!  
  x 0
  x 0

 Alert Admin 		Everyone please email AGT and demand they delist and pay us the final residual dividends ASAP without further delay !!!!!
[email protected]


MONTHLY VALUATION OF ASSETS AND UTILISATION OF CASH 

For May 2021 (as at 31 May) in SGD
     
Management fee payable to Trustee-Manager _________ 5,000
Liquidation related expenses    ____________________ 39,000 
Other trust related expenses _____________________ 3,000 
Total expenditures ____________________________ 47,000
Net assets attributable to unitholders of AGT**_____ 23,736,000   
Net asset value per unit of AGT  (Based on 1,099,122,000 Units in issue) __    2.16 cents
 Useful To Me  Not Useful To Me
prophetjul
Master
15-Jun-2021 10:41     
 
prophetjul About Contact  Quote this Post!  
  x 0
  x 0

 Alert Admin 		In the meantime, what of the accumulated earnings?  Legally belongs to the shareholders. Are they going to get another hand out of DPU? 

laksaman57      ( Date: 15-Jun-2021 09:40) Posted:

Collecting salary from reit while managing the golf courses for new owner ?
 Useful To Me  Not Useful To Me
laksaman57
Supreme
15-Jun-2021 09:40     
 
laksaman57 About Contact  Quote this Post!  
  x 0
  x 0

 Alert Admin 		Collecting salary from reit while managing the golf courses for new owner ?
 Useful To Me  Not Useful To Me
prophetjul
Master
15-Jun-2021 09:11     
 
prophetjul About Contact  Quote this Post!  
  x 0
  x 0

 Alert Admin 		Delisting does not protect or help the minorities.  They should have time bar to the intended exercise. 6 months or the exercise is terminated. 
Sold my Accordia Aug 2020.
It is 10 months on now!  Ridiculous! 

pkli899      ( Date: 14-Jun-2021 12:04) Posted:

100% agree.
SGX also sleeping......never question them!
By right, after trading suspended, must delist within 6 months.....no?

Starship      ( Date: 14-Jun-2021 10:31) Posted:

It has been Crooks Favourite Hideout for decades already.    cheekydevilno
A cosy nest for snakes and rats!!!!!


 
 Useful To Me  Not Useful To Me
pkli899
Supreme
14-Jun-2021 12:04     
 
pkli899 About Contact  Quote this Post!  
  x 0
  x 0

 Alert Admin 		100% agree.
SGX also sleeping......never question them!
By right, after trading suspended, must delist within 6 months.....no?

Starship      ( Date: 14-Jun-2021 10:31) Posted:

It has been Crooks Favourite Hideout for decades already.    cheekydevilno
A cosy nest for snakes and rats!!!!!


 

prophetjul      ( Date: 14-Jun-2021 09:01) Posted:

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.
 Useful To Me  Not Useful To Me
                                                         First   < Newer   121-140 of 335   Older>   Last  



ShareJunction Version: 27 Nov 2020 ver- All Rights Reserved. Copyright ShareJunction Pte. Ltd. Disclaimer: All prices from are delayed. ShareJunction does not provide you with any financial advice. We are not into the business of providing any investment advice. See our Terms and Conditions and Privacy Policy of using this website. Data is delayed for varying periods of time depending on the exchange, but for at least 15 minutes. Copyright © SIX Financial Information Ltd. and its licensors. All Rights reserved. Further distribution and use by third parties prohibited. SIX Financial Information and its licensors make no warranty for information displayed and accept no liability for data and prices. SIX Financial Information reserves the right to adapt and/or alter this website at any time without prior notice.

Web design by FoundationFlux. Hosted with Signetique Cloud.