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Global Logistic
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rlong8288
Master |
27-Jun-2017 13:24
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Hope is not the same answer, " still reviewing" and hope to see estimate bidding price
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chengwh1
Elite |
27-Jun-2017 13:06
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Well,... three more days to go from today for an ann' t... June 30th., last day of the month is just nice at end of this week,.... | ||||||||||
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TanSiBeiKu
Senior |
27-Jun-2017 12:27
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When situation is competitive, low-ballers will be out of the game and there' s when the noises came in last Friday.
The remaining potential bidders are also aware that an attractive premium has to be sweet enough for GIC to sell its stake or a proposal with GLP to buyout the remaining shareholders through a scheme of arrangment.  Money is secondary when you are looking at GLP assets. My guess is somewhere near $3.58  
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mintymint
Member |
27-Jun-2017 12:06
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As a shareholder with a large stake, GIC works with all parties in this process, a spokeswoman for the sovereign fund said on Monday in an emailed response to Bloomberg queries, adding that GLP and its board are responsible for the process. As the situation is competitive, it is " not surprising to have noises and excitements around the process," according to the statement. " GIC, GLP and its board need to exercise great care in our respective purviews," GIC said in the statement. " We will continue to monitor carefully the developments and decide our next course of actions accordingly." http://www.straitstimes.com/business/companies-markets/gic-said-to-confront-complaints-in-sale-of-glp?xtor=CS3-17 |
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rlong8288
Master |
27-Jun-2017 11:49
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thanks
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gopguppy
Veteran |
27-Jun-2017 11:35
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It is a good sign that GIC has been taking active steps for the past few months to ensure the process is fair to all bidders. It might also indicate that they really want to get this over and done with as quickly as possible, get more people to bid, and sell to the highest bidder and move on.
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AndyLoss
Master |
27-Jun-2017 11:29
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what does it translate to in terms of stock price ?
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TanSiBeiKu
Senior |
27-Jun-2017 11:22
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" As the situation is competitive, it is &ldquo not surprising to have noises and excitements around the process,&rdquo according to the statement."  
Current Market Cap approx SGD$13.5b |
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gopguppy
Veteran |
27-Jun-2017 11:12
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https://www.bloomberg.com/news/articles/2017-06-27/singapore-state-fund-said-to-confront-complaints-in-sale-of-glp
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FATABA
Supreme |
27-Jun-2017 10:40
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Instinet is an institutional, agency-only broker that also serves as the independent equity trading arm of its parent, Nomura Group. It executes trades for asset management firms, hedge funds, insurance companies, mutual funds and pension funds. Headquartered in New York
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rlong8288
Master |
27-Jun-2017 10:26
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Anyone know which brokering house is " instinet" as they are releasing small lots  | ||||||||||
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AndyLoss
Master |
27-Jun-2017 09:10
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Nb Holdings...last activr in Feb and then now..in GLP | ||||||||||
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AndyLoss
Master |
27-Jun-2017 09:07
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Merill Lynch, Bank Of America, .....all increased | ||||||||||
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us9392
Member |
27-Jun-2017 08:32
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  Vwap was $2.81 on 23/6 . Looks like the stars and stripes could put up a good fight...DYOHW | ||||||||||
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FATABA
Supreme |
27-Jun-2017 08:15
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BOA.... has increased it share holding to 10.98 :)  Purchased on 20th Jun ...filing on SGX site today | ||||||||||
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investshare
Supreme |
27-Jun-2017 08:15
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Bank of America > 10% | ||||||||||
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AndyLoss
Master |
27-Jun-2017 00:19
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I don' t think Alibaba grp would let this opportunity go away, they need this at a later stage and China needs for OBOR. It will be a tough fight if Warburg gives it a challenge.... Just heard the intw of Jack Ma on CNBC - he is looking for 2030 where Alibaba would be the 5th larget economy :) - if that is the case then they really need GLP :) DYOD ) |
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bigpicture
Member |
26-Jun-2017 23:04
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Very true.. can catch the real bidders off guard thinking they can lower their bids to get it with less competition...well it's a cunning world after seeing all the articles that come out to mislead ppl. Since it's not confirm and not deadline yet no point reporting n reporting when there is no way to prove their reports are real. Weird sources.. Let's see who is the last one standing
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MekMiRic
Member |
26-Jun-2017 22:42
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billion dollar deal - for more billions in the future
so dirty tricks come out for play |
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AndyLoss
Master |
26-Jun-2017 22:39
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yes... this article says only 2 Warbug & Hopu -- with TILT towards Hopu.. 
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