| Latest Forum Topics / Vard |
 Post Reply
|
|
Vard Holdings
|
|||||
|
beginners
Veteran |
17-May-2017 08:25
|
||||
|
x 0
x 0 Alert Admin |
The Italian way of doing thing is they will Makan untill no meat left as far as they can. No high hopes or this counter.
|
||||
| Useful To Me Not Useful To Me | |||||
|
shadow
Veteran |
17-May-2017 01:28
|
||||
|
x 1
x 0 Alert Admin |
Will Fincantieri calll for EGM soon... ? But they still have to propose an exit offer to existing holders and I don' t think they can do it at 24cts again. If they propose to delist at 24cts at the EGM , all minor shareholders should stop them with a 10% bloc against to delisting !
|
||||
| Useful To Me Not Useful To Me | |||||
|
|
|||||
|
shojiu
Member |
16-May-2017 22:11
|
||||
|
x 0
x 0 Alert Admin |
Is there a rule that says Fincanteri needs to wait for one year to pass to do a takeover? Does the rule apply to delisting under 1307? |
||||
| Useful To Me Not Useful To Me | |||||
|
sheerluck
Supreme |
16-May-2017 20:24
Yells: "Work for your money first then let your money work for you" |
||||
|
x 0
x 0 Alert Admin |
Fincanteri holding crossed 75% liao. VARD liao liao??
|
||||
| Useful To Me Not Useful To Me | |||||
|
Fintrade
Member |
10-Apr-2017 10:23
|
||||
|
x 0
x 0 Alert Admin |
When is Vard signing the cruise vessel contract? |
||||
| Useful To Me Not Useful To Me | |||||
|
|
|||||
|
shyeo1223
Master |
03-Apr-2017 12:05
|
||||
|
x 0
x 0 Alert Admin |
Seemed to have become a dead stock after the fincantieri saga :( | ||||
| Useful To Me Not Useful To Me | |||||
|
buffel88
Member |
30-Mar-2017 14:50
|
||||
|
x 0
x 0 Alert Admin |
VARD moving up, might be MVN buying .. lol .. now not substantial holder, don need to declare .. |
||||
| Useful To Me Not Useful To Me | |||||
|
shadow
Veteran |
29-Mar-2017 10:17
|
||||
|
x 1
x 0 Alert Admin |
意 大 利 Fincantieri集 团 计 划 全 面 收 购 挪 威 海 工 船 建 造 商 VARD的 计 划 最 终 宣 告 失 败 。 目 前 ， Fincantieri持 有 的 VARD股 份 增 至 约 75%。 2016年 11月 ， Fincantieri宣 布 ， 计 划 收 购 VARD剩 余 44.37%的 股 份 。 当 时 ， Fincantieri持 有 VARD的 55.63%股 份 。 在 完 全 收 购 的 情 况 下 ， Fincantieri需 要 全 面 收 购 支 付 约 1.256亿 新 元 。 之 后 ， Fincantieri称 ， 如 果 成 功 争 取 到 90%的 股 份 ， VARD将 从 新 加 坡 证 券 交 易 所 退 市 。 然 而 ， 3月 27日 ， Fincantieri发 布 公 告 称 ， 全 面 收 购 VARD的 计 划 未 能 成 功 ， 最 终 Fincantieri在 VARD的 持 股 比 例 增 至 74.45% 值 得 一 提 的 是 ， 今 年 1月 ， VARD少 数 股 东 的 代 表 之 一 SIAS表 示 ， Fincantieri对 VARD股 份 的 报 价 过 低 ， 仅 为 每 股 0.24新 元 ， 应 该 有 所 提 高 。 Fincantieri的 一 位 发 言 人 称 ， 虽 然 目 前 的 结 果 并 不 是 Fincantieri期 望 看 到 的 ， 但 Fincantieri将 继 续 与 VARD合 作 实 现 协 同 效 应 |
||||
| Useful To Me Not Useful To Me | |||||
|
|
|||||
|
nooovva
Member |
28-Mar-2017 00:52
|
||||
|
x 0
x 0 Alert Admin |
Now that offer is closed, Fincantieri can still buy on the open market at no more than $0.24 per share. Once it reaches 75%, Vard can launch a voluntary delisting and Fincantieri will be able to vote it through at the EGM. Only way to stop them is a 10% bloc voting against the delisting. |
||||
| Useful To Me Not Useful To Me | |||||
|
Fintrade
Member |
27-Mar-2017 16:53
|
||||
|
x 0
x 0 Alert Admin |
Fancanteri will get to own the shares of those who offered to accept the tender at $0.24 before 24th March 2017. The rest who didn' t sell or accept the offer will get to keep and enjoy the business development and positive prospect of Vard shares which remains open to public in SGX for trading. Now Fancanteri get to amass 74.45% and should not be making or unable to make anymore offers to take Vard private for the next 12 months. They will have to focus on helping to bring Vard Holdings to the next level with the burgeoning prospects ahead. |
||||
| Useful To Me Not Useful To Me | |||||
|
buffel88
Member |
27-Mar-2017 11:16
|
||||
|
x 0
x 0 Alert Admin |
offer closed but still have 44mil bid at $0.24 ? |
||||
| Useful To Me Not Useful To Me | |||||
|
shyeo1223
Master |
27-Mar-2017 09:43
|
||||
|
x 0
x 0 Alert Admin |
Probably means nothing to show for. |
||||
| Useful To Me Not Useful To Me | |||||
|
|
|||||
|
shadow
Veteran |
25-Mar-2017 11:13
|
||||
|
x 0
x 0 Alert Admin |
Vard closed of offer announcement & Fincantieri has 74.45% , what will happen next? |
||||
| Useful To Me Not Useful To Me | |||||
|
iuhne1
Member |
24-Mar-2017 13:17
|
||||
|
x 0
x 0 Alert Admin |
These Italians planned it all along. If need to vote, just make sure we made the effort to go down to vote NO. |
||||
| Useful To Me Not Useful To Me | |||||
|
shojiu
Member |
24-Mar-2017 12:38
|
||||
|
x 0
x 0 Alert Admin |
Since they are not likely to hit 90%, compulsory acquisition with the same offer price won' t apply. So what happens if less than 10% voted against and they are allowed to delist? Do they have to make an offer to the remaining 25%? Including those who voted against the delist? |
||||
| Useful To Me Not Useful To Me | |||||
|
tthsteve
Member |
24-Mar-2017 11:57
|
||||
|
x 0
x 0 Alert Admin |
DIE DIE NO SELL !
|
||||
| Useful To Me Not Useful To Me | |||||
|
pnuklis
Master |
24-Mar-2017 09:15
|
||||
|
x 0
x 0 Alert Admin |
This is afight between Norwaigeans and the Italians. Norwaigeans know that if they let Fincateiri take the firm private they are screwed to be labourers in their own country. This war is not over and do not sell cheap. |
||||
| Useful To Me Not Useful To Me | |||||
|
shadow
Veteran |
24-Mar-2017 09:00
|
||||
|
x 0
x 0 Alert Admin |
let' s see what Fincantieri annoucement will come out later. If they failed to take STX fully private trying to take advantage of the destressed situation and Italian gov can stop them, you think we Singapore so good to bully ! Play it fair ! |
||||
| Useful To Me Not Useful To Me | |||||
|
shadow
Veteran |
24-Mar-2017 08:54
|
||||
|
x 0
x 0 Alert Admin |
No Sell for me also
|
||||
| Useful To Me Not Useful To Me | |||||
|
sheerluck
Supreme |
24-Mar-2017 01:04
Yells: "Work for your money first then let your money work for you" |
||||
|
x 0
x 0 Alert Admin |
Based on SGX rulebook: 1307Current version: effective up to Mar 30 2017. The Exchange may agree to an application by an issuer to delist from the Exchange if:&mdash (1) the issuer convenes a general meeting to obtain shareholder approval for the delisting
(2) the resolution to delist the issuer has been approved by a majority of at least 75% of the total number of issued shares excluding treasury shares held by the shareholders present and voting, on a poll, either in person or by proxy at the meeting (the issuer' s directors and controlling shareholder need not abstain from voting on the resolution) and (3) the resolution has not been voted against by 10% or more of the total number of issued shares excluding treasury shares held by the shareholders present and voting, on a poll, either in person or by proxy at the meeting. http://rulebook.sgx.com/en/display/display_viewall.html?rbid=3271& element_id=5334& print=1 Well, this 1307 might be revised by 30 Mar. That might explain why they keep extending but set 24 Mar as ultimum date. So maybe next week might see Fincanteri announced holding cross 76% and take the next action liao.
|
||||
| Useful To Me Not Useful To Me | |||||