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Boulevard Member	06-Apr-2017 08:28        Boulevard About Contact  Quote this Post!
x 0   x 0  Alert Admin	I would think singapore SC should seriously check the management of HWM ongoing loans to friendly company's and whether there are abuses of the fund terms and conditions .
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atomoxetine Member	05-Apr-2017 14:30        atomoxetine About Contact  Quote this Post!
x 0   x 0  Alert Admin	Mr Teeth has no teeth to comment lol nngeeh      ( Date: 30-Mar-2017 18:56) Posted: You called GW a white knight? Based on the original  loan agreement  before SGX stepped in.... Healthway will need to pay gateway interest of 12 per cent per annum on the loan for the first three months and 16.5 per cent per annum thereafter or letting the lender convert the loan amount into shares that would result in a severe dilution. This includes appointment of top management, two board seats and veto power over major transactions which gives them full control of the company. I' m not sure if Lippo will definitely bring value to Healthway, but i' m definitely trust them more  over Gateway that intends to charge 16.5% interest, or the current boards that agreed to such crazy loan deals. You seems to favour gateway  over Lippo  and are more critical of Lippo ... but not gateway....why? teeth53      ( Date: 30-Mar-2017 08:53) Posted: I will be very frank. Both knight will fail...:
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mepkoh Elite	04-Apr-2017 08:39        mepkoh About Contact  Quote this Post!
x 0   x 0  Alert Admin	shucks... Gateway denies intention to make a general offer to buy out of Healthway Medical   Source: TheEdge Markets     |     Publish date: Mon, 3 Apr 2017, 09:58 PM     |     > > Read article in News website SINGAPORE (April 3): GW Active, which is owned by Gateway Fund 1 of private equity firm Gateway Partners, has issued a statement to clarify that it does not intend to make a general offer to buy out Healthway Medical Corporation. (See also: Gateway Partners wins over Healthway Medical Corporation with revised deal) (See also: Healthway Medical mulling financing options from Lippo and GW Active) GW Active emphasises in its announcement that, according to the Singapore Code on take-overs and mergers, it is prohibited from announcing an offer for Healthway or acquiring any shares which would result in GW holding shares which carry 30% or more of the voting rights of the company, for a period of six months. To recap, Healthway on March 23 entered into a revise agreement to issue Convertible Notes " B" to Gateway for an aggregate principal amount of $70 million, in two tranches, where Healthway will used the proceeds to fund immediate operational needs. The convertible notes can also be swapped for up to 45.7% of Healthway' s enlarged share capital. Shares of Healthway closed 2.33% lower at 4 cents.
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nngeeh Veteran	30-Mar-2017 18:56        nngeeh About Contact  Quote this Post!
x 1   x 0  Alert Admin	You called GW a white knight? Based on the original  loan agreement  before SGX stepped in.... Healthway will need to pay gateway interest of 12 per cent per annum on the loan for the first three months and 16.5 per cent per annum thereafter or letting the lender convert the loan amount into shares that would result in a severe dilution. This includes appointment of top management, two board seats and veto power over major transactions which gives them full control of the company. I' m not sure if Lippo will definitely bring value to Healthway, but i' m definitely trust them more  over Gateway that intends to charge 16.5% interest, or the current boards that agreed to such crazy loan deals. You seems to favour gateway  over Lippo  and are more critical of Lippo ... but not gateway....why? teeth53      ( Date: 30-Mar-2017 08:53) Posted: I will be very frank. Both knight will fail...:( Alvin2042      ( Date: 30-Mar-2017 08:36) Posted: The EGM will be exciting. Any proposal to replace the mgt... lippo should forward this as the largest shareholder, and replace with their team
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chendo122 Member	30-Mar-2017 10:36        chendo122 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Alvin is right ! Ask yourself how much has GW extend to HMC $60m ... no lah a little amount and will spin and release some more from the existing shareholders. They are from Cayman whereas Lippo has an empire of businesses. Who do you think will bring HMC to profitability ? Of course both also want to make money taht' s without saying.  Dimsumdolly is right !   x 0    x 0 Think Lippo genuinely wants to run the whole conpany ie healthcare business. Mr Teeth, can you name some business that GW has ... track record since you think so highly of them Dimsumdolly      ( Date: 30-Mar-2017 07:21) Posted: Think Lippo genuinely wants to run the whole conpany ie healthcare business. Hence the offer still exists. But imaging that HW doctors resign as a result of not being paid. Do you think they will stay on? As healthway does not own and asset ( hence Lippo only needs to pay slight over 10million based on valuation), i wonder if they withdraw their offer, I do nor think they can force you to sell the share unless they obtain 90%. That will probably take at least more then 1 year. chriscyng      ( Date: 30-Mar-2017 06:44) Posted: If Lippo is taking over HMC, the retailer are still able to hold on to their share which they had bought earlier, why are they still forcing the retailer to sell their share?
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teeth53 Supreme	30-Mar-2017 10:34        teeth53 About Contact  Quote this Post! Style: Flexible   Mood: Yells: "don't learn through life, learn to grow with life "
x 0   x 0  Alert Admin	U claim GW is Toxic n even destructive. I says both is only keen to look after their very own interest. Not yours interest, my n/or others retail interest. chendo122      ( Date: 30-Mar-2017 09:49) Posted: agreed. lippo likely to bring co to profitability whereas GW is put little money and spin more $$$$$$$ for themselves .... destruction. nothing for the minority shareholders Alvin2042      ( Date: 30-Mar-2017 08:36) Posted: The EGM will be exciting. Any proposal to replace the mgt... lippo should forward this as the largest shareholder, and replace with their team
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teeth53 Supreme	30-Mar-2017 10:30        teeth53 About Contact  Quote this Post! Style: Flexible   Mood: Yells: "don't learn through life, learn to grow with life "
x 0   x 0  Alert Admin	U said Lippo got good mgt skill n is about creation (createing wealth for you, me or anyone - NO). The rich will buy at their distress price n create for their own self. Rich become richer. U may think Is good for HMC. YA agreed. It is good for, for HMC will bring to Lippo n to Riady"s LOL. U think they will take care of small small retaillers?. chendo122      ( Date: 30-Mar-2017 09:39) Posted: Lippo is known to have good management skill and it is about creation, whereas GW buying in is a total destruction. GW is using bonds to convert into shares " Toxic" If Lippo gain 50%, what do you think the current management and GW will do, no more " kang tow" very likely to pack and go teeth53      ( Date: 29-Mar-2017 22:20) Posted: What record?. Lippo of I know, mentioned got hospital in Indonesia. Isit about this record or record that they are listed in HK, Maybe you can help us to understand better what Lippo can do n does after taking over...thk
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teeth53 Supreme	30-Mar-2017 10:19        teeth53 About Contact  Quote this Post! Style: Flexible   Mood: Yells: "don't learn through life, learn to grow with life "
x 0   x 0  Alert Admin	And Lippo will keep on buying up n keep on extenting their offering....to June 2017. teeth53      ( Date: 30-Mar-2017 09:04) Posted: No. They show confident to buy only at 0.042c n keep extenting their offering. Both knight is only keen buying at distress price...LOL. HB8289      ( Date: 23-Mar-2017 09:09) Posted: Is Lippo rush to get control to   buy up ?
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teeth53 Supreme	30-Mar-2017 10:14        teeth53 About Contact  Quote this Post! Style: Flexible   Mood: Yells: "don't learn through life, learn to grow with life "
x 0   x 0  Alert Admin	Ya. Once pass 50%. Shareholder can pack up n go zzzz. Everyday just watching remaining share sold to Lippo @0.042c. No more "kang Tow"😭 teeth53      ( Date: 30-Mar-2017 10:10) Posted: Creation for IHC n destruction for HMC...:( chendo122      ( Date: 30-Mar-2017 09:39) Posted: Lippo is known to have good management skill and it is about creation, whereas GW buying in is a total destruction. GW is using bonds to convert into shares " Toxic" If Lippo gain 50%, what do you think the current management and GW will do, no more " kang tow" very likely to pack and go
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teeth53 Supreme	30-Mar-2017 10:10        teeth53 About Contact  Quote this Post! Style: Flexible   Mood: Yells: "don't learn through life, learn to grow with life "
x 0   x 0  Alert Admin	Creation for IHC n destruction for HMC...:( chendo122      ( Date: 30-Mar-2017 09:39) Posted: Lippo is known to have good management skill and it is about creation, whereas GW buying in is a total destruction. GW is using bonds to convert into shares " Toxic" If Lippo gain 50%, what do you think the current management and GW will do, no more " kang tow" very likely to pack and go teeth53      ( Date: 29-Mar-2017 22:20) Posted: What record?. Lippo of I know, mentioned got hospital in Indonesia. Isit about this record or record that they are listed in HK, Maybe you can help us to understand better what Lippo can do n does after taking over...thk
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chendo122 Member	30-Mar-2017 09:49        chendo122 About Contact  Quote this Post!
x 0   x 0  Alert Admin	agreed. lippo likely to bring co to profitability whereas GW is put little money and spin more $$$$$$$ for themselves .... destruction. nothing for the minority shareholders Alvin2042      ( Date: 30-Mar-2017 08:36) Posted: The EGM will be exciting. Any proposal to replace the mgt... lippo should forward this as the largest shareholder, and replace with their team. mrwise      ( Date: 30-Mar-2017 07:30) Posted: Don't sell unless price is above $0.5! We don't gain at this Low "OFFER" price..
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chendo122 Member	30-Mar-2017 09:39        chendo122 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Lippo is known to have good management skill and it is about creation, whereas GW buying in is a total destruction. GW is using bonds to convert into shares " Toxic" If Lippo gain 50%, what do you think the current management and GW will do, no more " kang tow" very likely to pack and go teeth53      ( Date: 29-Mar-2017 22:20) Posted: What record?. Lippo of I know, mentioned got hospital in Indonesia. Isit about this record or record that they are listed in HK, Maybe you can help us to understand better what Lippo can do n does after taking over...thk. chendo122      ( Date: 29-Mar-2017 16:26) Posted: Exactly Gateway Cayman is toxic nothing food will come out of it. Only the current team and them will benefit from the bonds. Lippo will likely bring the company to a new level basing on their track record. Clearly the management is not doing in the interest of minority shareholders
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wonder Member	30-Mar-2017 09:15        wonder About Contact  Quote this Post!
x 0   x 0  Alert Admin	Totally agreed with mrwise. Dont sell unless price beyond 50ct.
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teeth53 Supreme	30-Mar-2017 09:04        teeth53 About Contact  Quote this Post! Style: Flexible   Mood: Yells: "don't learn through life, learn to grow with life "
x 0   x 0  Alert Admin	No. They show confident to buy only at 0.042c n keep extenting their offering. Both knight is only keen buying at distress price...LOL. HB8289      ( Date: 23-Mar-2017 09:09) Posted: Is Lippo rush to get control to   buy up ?
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teeth53 Supreme	30-Mar-2017 08:53        teeth53 About Contact  Quote this Post! Style: Flexible   Mood: Yells: "don't learn through life, learn to grow with life "
x 0   x 0  Alert Admin	I will be very frank. Both knight will fail...:( Alvin2042      ( Date: 30-Mar-2017 08:36) Posted: The EGM will be exciting. Any proposal to replace the mgt... lippo should forward this as the largest shareholder, and replace with their team. mrwise      ( Date: 30-Mar-2017 07:30) Posted: Don't sell unless price is above $0.5! We don't gain at this Low "OFFER" price..
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teeth53 Supreme	30-Mar-2017 08:51        teeth53 About Contact  Quote this Post! Style: Flexible   Mood: Yells: "don't learn through life, learn to grow with life "
x 0   x 0  Alert Admin	It is in Lippo case. They want to change the whole team. (Executive n none executive board, new CFO n CEO) Yes. They may also take it mandatory buying at only 0.042c, when shr passed 50%. N/or intergate into IHC. Where were HMC future be?. In GW case they also will put their own people's. Executive n none Executice board, a new CFO n the existing CEO merely taking order from the new owner. So where will HMC future be?. I believe both knight want HMC to be profitable, rather then only 6-months for Gateway (GW). mrwise      ( Date: 30-Mar-2017 07:30) Posted: Don't sell unless price is above $0.5! We don't gain at this Low "OFFER" price..
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Alvin2042 Master	30-Mar-2017 08:36        Alvin2042 About Contact  Quote this Post!
x 0   x 0  Alert Admin	The EGM will be exciting. Any proposal to replace the mgt... lippo should forward this as the largest shareholder, and replace with their team. mrwise      ( Date: 30-Mar-2017 07:30) Posted: Don't sell unless price is above $0.5! We don't gain at this Low "OFFER" price..
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mrwise Supreme	30-Mar-2017 07:30        mrwise About Contact  Quote this Post! Style: Combined   Mood:
x 0   x 0  Alert Admin	Don't sell unless price is above $0.5! We don't gain at this Low "OFFER" price..
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Dimsumdolly Member	30-Mar-2017 07:21        Dimsumdolly About Contact  Quote this Post!
x 0   x 0  Alert Admin	Think Lippo genuinely wants to run the whole conpany ie healthcare business. Hence the offer still exists. But imaging that HW doctors resign as a result of not being paid. Do you think they will stay on? As healthway does not own and asset ( hence Lippo only needs to pay slight over 10million based on valuation), i wonder if they withdraw their offer, I do nor think they can force you to sell the share unless they obtain 90%. That will probably take at least more then 1 year. chriscyng      ( Date: 30-Mar-2017 06:44) Posted: If Lippo is taking over HMC, the retailer are still able to hold on to their share which they had bought earlier, why are they still forcing the retailer to sell their share?
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Dimsumdolly Member	30-Mar-2017 07:14        Dimsumdolly About Contact  Quote this Post!
x 0   x 0  Alert Admin	Well think they want to hold on to the job, hence the reason for taking the 10million from gateway, which lasted 2 months to repay the debt. As Lippo wants to change the whole management team as ststed in their proposal Imaging another 60 millions, which will probabaly last 6 months without another drastic action to turnaround the conpany. I wonder when is this going to end. This is classic example of self interest and scarfice the minority shareholders. Either way, the beneficialry is gateway- making a quick buck in very short term investment. happyharvest      ( Date: 29-Mar-2017 22:51) Posted: sack the rotten management team . they ought to be out! chendo122      ( Date: 29-Mar-2017 16:26) Posted: Exactly Gateway Cayman is toxic nothing food will come out of it. Only the current team and them will benefit from the bonds. Lippo will likely bring the company to a new level basing on their track record. Clearly the management is not doing in the interest of minority shareholders
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