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WARNING!!!
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MekMiRic
Member |
28-Jun-2017 10:52
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https://www.bloomberg.com/gadfly/articles/2017-06-27/private-equity-doesn-t-always-hold-the-key | ||||
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huangyuanhe
Supreme |
28-Jun-2017 10:42
Yells: "666" |
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If ceo ming z mei is sincere , his consortium has to put up a reasonably good offer.
This is his golden chance aftering gathering a powerful consortium group. If he misses this one, he may not get another chance so soon or even never again. If CIC is willing to pay US$ 14 bil for smaller outfit logicor , with a e commerce market much less significant than China, then ....... ...... You must be in China to know how advanced e commerce is in China compared to the rest of the world. It is so advanced it makes our "tap card payment system" look so embarrassing. Seriously. In a global business strategy, if you cannot even conquer your own homeground, how to conquer setfoot on the outside world ? China top guys are watching these movements as well as the people involved in this . It reflects a lot on who has bigger talents and who has not. |
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moneyspinner
Veteran |
28-Jun-2017 10:13
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Then it would look real bad on GIC/GLP.   Why mix a management buyout in an open bidding knowing very well it may raise rackus in the process?   We should know the outcome in the next few days....
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gopguppy
Veteran |
28-Jun-2017 10:03
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Please provide the link to this news source please.
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Octavia
Supreme |
28-Jun-2017 09:41
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The end-Jun bidding deadline for the potential sale of GLP could be delayed, after largest shareholder GIC is said be to looking into complaints on unfair information advantage held by the insider bid of the Chinese consortium led by GLP' s chief executive Ming Mei and director Fang Fenglei.It could also be abandon. | ||||
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lglg666
Supreme |
28-Jun-2017 09:37
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Yes.....this Seatown thingy if join the bidding then it'll ensure the final offer will be the best for GLP.
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moneyspinner
Veteran |
28-Jun-2017 09:09
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It should! Deadline is around the corner.   Expected bid price should exceed $3.00 per share.😄
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AndyLoss
Master |
28-Jun-2017 09:03
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seems to be going back to 2.99 | ||||
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FATABA
Supreme |
27-Jun-2017 22:39
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No 3 will definately put in a bid ......a safety net .......serious buyers need to be higher than Temasek .....if not it will remain in Spore hands. Great move.
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ProRobot
Member |
27-Jun-2017 22:20
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Trade with caution as this buyout is between managment buyout vs external bidders. GLP might not get a fair value with managment buyout and also management withholding much sensitive information to external bidder.
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gopguppy
Veteran |
27-Jun-2017 21:27
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Just read the report again. Seatown is with RRJ Capital, not with the China consortium. So 3 bidders. Hopefully all will bid.
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gopguppy
Veteran |
27-Jun-2017 18:45
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Isn' t Seatown part of the chinese consortium? I think someone mentioned that in the chat before. I hope the bidders will not put in lower bids due to the recent drop in price.
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TanSiBeiKu
Senior |
27-Jun-2017 18:15
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Minimum will have 2 bidders even if Warburg pull out last minute: (1) The Chinese Consortium (2)  Warburg e-Shang Redwood (3)  RRJ & Seatown Holdings (Temasek). Can anybody guess why number 3 will likely submit a bid ?
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rlong8288
Master |
27-Jun-2017 16:39
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Vested
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rlong8288
Master |
27-Jun-2017 16:37
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Provided they give a positive update, (than head North) but if they still give the same update than ...south
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HiFive123
Member |
27-Jun-2017 16:26
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It should head North since it is about the Sale of   GLP.
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rlong8288
Master |
27-Jun-2017 14:27
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Hope so but I think it will goes south
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AndyLoss
Master |
27-Jun-2017 14:13
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what will happen to stock price till end of July ? keep floating at 2.90 ?
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TanSiBeiKu
Senior |
27-Jun-2017 13:30
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Likely SOP reply except this time round will also announced number of bids receive. Definitely will not mention on bidding price. Hopefully by end of July, the independent committee would have select the preferred consortium for further discussion. Too complex deal, don' t expect an out-right Deal.
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MekMiRic
Member |
27-Jun-2017 13:27
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actually, any ideas how long for a decision/announcement after the bids are closed? | ||||
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