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KC1181 Member	05-Aug-2020 11:56        KC1181 About Contact  Quote this Post!
x 0   x 0  Alert Admin	so how does this work? special dividend of $0.18 per share. Say if you hold 100,000 shares, how much will that be? Sg2022yu      ( Date: 05-Aug-2020 10:27) Posted: Based on the information available to the Company as at the date hereof, the Net Distributable Amount is expected to be no less than S$55,357,203.18, or S$0.180 per Share. There will be no change in number of issued Shares as a result of the Proposed Transactions. Accordingly, there will be no change to the shareholding interests held by Shareholders before and after the Proposed Transactions, and Shareholders will continue to be shareholders of the Company.   look@bright      ( Date: 05-Aug-2020 10:24) Posted: About S$51.8 million of the sale price will be paid in cash. Synagie said it plans to distribute this to shareholders through a proposed special dividend and a proposed capital reduction. So how much each shareholder get?
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look@bright Elite	05-Aug-2020 11:07        look@bright About Contact  Quote this Post!
x 0   x 0  Alert Admin	This is what is written. $51.7m will be in cash and be distributed as SPECIAL DIVIDEND tofudidi      ( Date: 05-Aug-2020 11:05) Posted: wow this is good news already. better accumulate now. can see some support. it should breakout anytime look@bright      ( Date: 05-Aug-2020 11:03) Posted: I got the info from business times  https://www.businesstimes.com.sg/companies-markets/synagie-proposes-s617m-sale-of-e-commerce-arm-to-founders-gobi-fund-alibaba Synagie proposes S$61.7m sale of e-commerce arm to founders, Gobi fund, Alibaba
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tofudidi Supreme	05-Aug-2020 11:05        tofudidi About Contact  Quote this Post!
x 0   x 0  Alert Admin	wow this is good news already. better accumulate now. can see some support. it should breakout anytime look@bright      ( Date: 05-Aug-2020 11:03) Posted: I got the info from business times  https://www.businesstimes.com.sg/companies-markets/synagie-proposes-s617m-sale-of-e-commerce-arm-to-founders-gobi-fund-alibaba Synagie proposes S$61.7m sale of e-commerce arm to founders, Gobi fund, Alibaba Sg2022yu      ( Date: 05-Aug-2020 10:55) Posted: That' s in their announcement, agree that a special dividend of no less than 0.180 is very attractive.
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look@bright Elite	05-Aug-2020 11:03        look@bright About Contact  Quote this Post!
x 0   x 0  Alert Admin	I got the info from business times  https://www.businesstimes.com.sg/companies-markets/synagie-proposes-s617m-sale-of-e-commerce-arm-to-founders-gobi-fund-alibaba Synagie proposes S$61.7m sale of e-commerce arm to founders, Gobi fund, Alibaba Sg2022yu      ( Date: 05-Aug-2020 10:55) Posted: That' s in their announcement, agree that a special dividend of no less than 0.180 is very attractive.. look@bright      ( Date: 05-Aug-2020 10:38) Posted: ok ur calculation abit from what i get but regardless this type of special dividend is very attractive
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Sg2022yu Veteran	05-Aug-2020 10:55        Sg2022yu About Contact  Quote this Post!
x 0   x 0  Alert Admin	That' s in their announcement, agree that a special dividend of no less than 0.180 is very attractive.. look@bright      ( Date: 05-Aug-2020 10:38) Posted: ok ur calculation abit from what i get but regardless this type of special dividend is very attractive. Sg2022yu      ( Date: 05-Aug-2020 10:27) Posted: Based on the information available to the Company as at the date hereof, the Net Distributable Amount is expected to be no less than S$55,357,203.18, or S$0.180 per Share. There will be no change in number of issued Shares as a result of the Proposed Transactions. Accordingly, there will be no change to the shareholding interests held by Shareholders before and after the Proposed Transactions, and Shareholders will continue to be shareholders of the Company.
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look@bright Elite	05-Aug-2020 10:38        look@bright About Contact  Quote this Post!
x 0   x 0  Alert Admin	ok ur calculation abit from what i get but regardless this type of special dividend is very attractive. Sg2022yu      ( Date: 05-Aug-2020 10:27) Posted: Based on the information available to the Company as at the date hereof, the Net Distributable Amount is expected to be no less than S$55,357,203.18, or S$0.180 per Share. There will be no change in number of issued Shares as a result of the Proposed Transactions. Accordingly, there will be no change to the shareholding interests held by Shareholders before and after the Proposed Transactions, and Shareholders will continue to be shareholders of the Company.   look@bright      ( Date: 05-Aug-2020 10:24) Posted: About S$51.8 million of the sale price will be paid in cash. Synagie said it plans to distribute this to shareholders through a proposed special dividend and a proposed capital reduction. So how much each shareholder get?
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Sg2022yu Veteran	05-Aug-2020 10:27        Sg2022yu About Contact  Quote this Post!
x 1   x 0  Alert Admin	Based on the information available to the Company as at the date hereof, the Net Distributable Amount is expected to be no less than S$55,357,203.18, or S$0.180 per Share. There will be no change in number of issued Shares as a result of the Proposed Transactions. Accordingly, there will be no change to the shareholding interests held by Shareholders before and after the Proposed Transactions, and Shareholders will continue to be shareholders of the Company.   look@bright      ( Date: 05-Aug-2020 10:24) Posted: About S$51.8 million of the sale price will be paid in cash. Synagie said it plans to distribute this to shareholders through a proposed special dividend and a proposed capital reduction. So how much each shareholder get?
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look@bright Elite	05-Aug-2020 10:26        look@bright About Contact  Quote this Post!
x 0   x 0  Alert Admin	ok just calculated $51.7m divided outstanding shares of  305,896,000 = $0.169
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look@bright Elite	05-Aug-2020 10:24        look@bright About Contact  Quote this Post!
x 0   x 0  Alert Admin	About S$51.8 million of the sale price will be paid in cash. Synagie said it plans to distribute this to shareholders through a proposed special dividend and a proposed capital reduction. So how much each shareholder get?
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tofudidi Supreme	05-Aug-2020 10:10        tofudidi About Contact  Quote this Post!
x 0   x 0  Alert Admin	this one usually burst up last 1hr. shall see how later..
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Sg2022yu Veteran	05-Aug-2020 10:09        Sg2022yu About Contact  Quote this Post!
x 0   x 0  Alert Admin	Special dividend @ 0.180 per share and price now is 0.195... (thats a special dividend of close to 92.3%) .. u all mean after selling off this so called loss making E-commerce business at such a high price, the company is left with nothing? Anyone know how much their insurtech is worth?    The most lose 8% and i dont think the share price will drop to 0.015 after sales completes
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eric998 Supreme	05-Aug-2020 09:52        eric998 About Contact  Quote this Post!
x 0   x 0  Alert Admin	those who shorted this morning made a pile.. HUAT! tofudidi      ( Date: 05-Aug-2020 09:37) Posted: trap many i believe
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tofudidi Supreme	05-Aug-2020 09:37        tofudidi About Contact  Quote this Post!
x 0   x 0  Alert Admin	trap many i believe
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positivity88 Veteran	05-Aug-2020 09:37        positivity88 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Smelly.. once make profit want to sell away the assets and make this a empty shell.. as good as delisting right? why not give offer and take it private? still want to use shell to churn more?
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eric998 Supreme	05-Aug-2020 09:23        eric998 About Contact  Quote this Post!
x 0   x 0  Alert Admin	what happen?  easywin      ( Date: 05-Aug-2020 08:56) Posted: Opening 205 than all the way up tofudidi      ( Date: 05-Aug-2020 08:49) Posted: good news?
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larryhoo Member	05-Aug-2020 09:23        larryhoo About Contact  Quote this Post!
x 0   x 0  Alert Admin	I think this the good news? https://links.sgx.com/FileOpen/SCL%20-%20Ann.ashx?App=Announcement& FileID=626273 Net value asset at 19.72 cents & EPS at 12.62 cents   easywin      ( Date: 05-Aug-2020 08:56) Posted: Opening 205 than all the way up tofudidi      ( Date: 05-Aug-2020 08:49) Posted: good news?
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easywin Supreme	05-Aug-2020 08:56        easywin About Contact  Quote this Post!
x 0   x 0  Alert Admin	Opening 205 than all the way up tofudidi      ( Date: 05-Aug-2020 08:49) Posted: good news?
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tofudidi Supreme	05-Aug-2020 08:49        tofudidi About Contact  Quote this Post!
x 0   x 0  Alert Admin	good news?
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easywin Supreme	05-Aug-2020 08:34        easywin About Contact  Quote this Post!
x 0   x 0  Alert Admin	Take the opportunity buy at opening price can still make good profit Repeat like AEM yesterday while many still waiting.
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Alvin2042 Master	05-Aug-2020 08:13        Alvin2042 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Profit small matter. The big thing is they are disposing of the e-commerce business. Expected to pay back shareholders $0.18 per share after the successful disposal. OKAYCAN      ( Date: 05-Aug-2020 02:51) Posted: Good profit guidance, net profit for 1H 2020 and proposed disposal. Those contra due players huat liao
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