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Wisdom in SPH restructuring
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Goldfinger
Supreme |
29-Oct-2021 20:39
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Vote on the SPH end likely to fail, depending how it is put.  SPH Directors now have to account if the HPL-TH offer was earlier submitted, and why was it not put on the table as well.  Also - will there be other private equity bidders now coming out, since even the GLCs and SWFs are fighting out between themselves?
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ckmpd1
Supreme |
29-Oct-2021 19:43
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KC has been given 10 days to consider improving its offer.  | ||||
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ysh2006
Supreme |
29-Oct-2021 19:40
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Also no body interested what the offer cash is king .. | ||||
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ysh2006
Supreme |
29-Oct-2021 19:29
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New announcement by SPH just now like nothing to say just reviewing the offer only...Than why halt trading whole day ? Waste the market time... | ||||
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ckmpd1
Supreme |
29-Oct-2021 19:06
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cobrajr
Veteran |
29-Oct-2021 19:01
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Take CASH  NO odd lots
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ckmpd1
Supreme |
29-Oct-2021 15:49
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KC and SPH are considering Cuscaden' s offer.  There might be new developments.  The $2.10 may not be the final offer
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look@bright
Elite |
29-Oct-2021 15:42
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so now cash offer will be $2.10 + 0.03 dividend = $2.13   |
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ckmpd1
Supreme |
29-Oct-2021 15:07
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Yes.  In view of Cuscaden s counter offer, Kep Corp has siad that it will study and may make a statement later
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cobrajr
Veteran |
29-Oct-2021 15:05
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Just pay cash, better than odd lot shares | ||||
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ckmpd1
Supreme |
29-Oct-2021 14:23
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SPH has informed Shareholders that it is considering the Cuscaden Proposal and will act in the best interests of all Shareholders and in accordance with its fiduciary duties. | ||||
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finjungle
Veteran |
29-Oct-2021 12:53
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The offers from KC and OBS consortium are still too low. There?s value in this ?dustbin?of assets that were acquired under different chairmen and CEOs who had no clue on managing the group. Most if not all the managers and directors are parachuted into the denuded goldmine of the past.
Now managers like LCH of KC and OBS and gang see value. Let?s the play starts. Enjoy it. 🤣 🤣 🤣
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Goldfinger
Supreme |
29-Oct-2021 12:38
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Hopefully this will be the green light for more Private Equity Funds and Conglomerates to make similar bidding war for SPH.  What a joke.  Was this HPL-led deal also one on the table back then???? Can we please have more transparency? | ||||
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ckmpd1
Supreme |
29-Oct-2021 12:22
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Kep Corp is looking into Cuscaden' s offer and may make an announcemnet at the appropriate time. Will KC up its offer to take over SPH? |
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ckmpd1
Supreme |
29-Oct-2021 12:13
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Another bid for SPH! Interesting development | ||||
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Stocky901
Supreme |
29-Oct-2021 10:31
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Any update on the $800M claims. 🤨 🤨
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Goldfinger
Supreme |
29-Oct-2021 10:12
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Think about it - there will be many SPH shareholder who will not accept either offer. For the Pro-Sale Camp, there will be a split between those who want a stake in the Keppel and SPH Reits and those who want all cash.  Say 40% want to sell, and its split evenly.  They will now have to get passage at the EGM for the deals, unless the SPH Board rejects one and only tables one good offer, which still leaves the other Pro-Camp in the cold. So, the likelier now is for either (1) one party to give a better priced deal, meaning up the acquisition price, or (2) both will fail, and SPH continues happily.  Either way - I think its a Win for existing SPH Holders.  Sit tight, and let them fight it out.   
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investshare
Supreme |
29-Oct-2021 09:53
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Strangely Keppel price up on this news.
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antifragile
Senior |
29-Oct-2021 09:41
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Please reject!   |
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ahboy8
Member |
29-Oct-2021 09:37
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SPH current offer is combine of shares and cash at $2.099. The new offer came in at $2.1. With just a 0.001c increase? And some of you here will think that this will end in a bidding with higher offer? Let' s see. | ||||
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