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OUE Healthcare Last:0.04 -

IHC

play up a little bit maybe... if BBs buy up too high, they may end up holding the final ball....

Nobody know the true valuation of IHC.

teeth53 ( Date: 21-Feb-2017 00:18) Posted:

I think is all dependable on other BBs to play up, if they think is cheap or rather very cheap at this pt in time.

IF n when price rally say for eg: pass 11c - 12 cents or more, Raidy' s may oso be please to know, that he hold 57.60%.

He knew he can n is in total control of IHC, a listed firm n maybe from what he says. (mentioned)

He wanted IHC n HMC to join force to work to together.

OXley' s is weak, easily makan up.

Noted Oxley' s hold almost 1.5 more share then Raidy' s, then Raidy' s n family got more powerful filthy $$$

Newlearner ( Date: 20-Feb-2017 23:43) Posted:

Agree... i believed Lippo want the whole pie, left Oxley no other choices but to sell.... Fan rather sell to Lippo cheaply than to let oxley take control....

teeth53 ( Date: 20-Feb-2017 23:27) Posted:

OXley duo soldcheap@$0.106, face with money problem n as well as they are weak on facing a strong opponent.

OUE, Lippo Group, Lippo limited n hidden power money.

I think is all dependable on other BBs to play up, if they think is cheap or rather very cheap at this pt in time.

IF n when price rally say for eg: pass 11c - 12 cents or more, Raidy' s may oso be please to know, that he hold 57.60%.

He knew he can n is in total control of IHC, a listed firm n maybe from what he says. (mentioned)

He wanted IHC n HMC to join force to work to together.

Agree... i believed Lippo want the whole pie, left Oxley no other choices but to sell.... Fan rather sell to Lippo cheaply than to let oxley take control....

teeth53 ( Date: 20-Feb-2017 23:27) Posted:

OXley duo soldcheap@$0.106, face with money problem n as well as they are weak on facing a strong opponent.

OUE, Lippo Group, Lippo limited n hidden power money.

teeth53 ( Date: 19-Feb-2017 13:50) Posted:

Raidy' s n family try to buy cheap, holding abt or less < 60%.

Mkt forces saying is cheap. n it has some way to go B4 hitting 90%.

Is Raidy' s willing to collect at only 0.106c or higher?. Then his share of IHC will be at abt 57.60%

Another reverse way, to look at it. He can oso used proxy to sell down n start collecting.

Since mentioned in SGX announcement the minimum is $0.106 cents, on mandatory offer.

teeth53 ( Date: 19-Feb-2017 13:57) Posted:

So. Now Fan rich with cash. No longer have to report, as his shr holding is less then 5%.

How he play with his remaining shr (up)? n or through proxy will not be know to us.

teeth53 ( Date: 18-Feb-2017 08:02) Posted:

http://pdf.reuters.com/sgxnews/sgxnews.asp?i=43059c3bf0e37541& u=urn:newsml:reuters.com:20170218:nSN72pcCd

On 17 Feb 2017, Mr Fan submitted a Form 3 notifying the Coy.

His interest in the Coy had fallen from 13.4% to 4.67%. To-date, the Coy has only received confirmation from JHS that his interest in the Coy has not changed. The Coy has not received any similar confirmation from AAK, nor any notice of change in interest in the Coy from AAK or JHS.

no 16 Feb 2017, the offeror of the mandatory unconditional cash offer, Treasure International Holdings Pte. Ltd together with parties acting in concert with it will hold an aggregate of 955,674,037 Shares, representing approximately 57.60% of all the Shares in the capital of the Coy upon completion of the Offeror&rsquo s purchase of an aggregate of 593,470,029 Shares from Ching, Low, Low Bee Lan Audrey and Tee Wee Sien, representing 35.77%.

In light of the abovementioned circumstances, the Coy wishes to announce that it is of the view that a change in shareholding event under the MTNs has occurred, and noteholders are entitled at their option to redeem their MTNs in the manner provided for under the Trust Deed.

Fan share now is less then < 5%. Mkt players or any other BBs can play play using proxy to up the prices.

So Raidy' s may have to collect at more at more expensive prices if he is really keen to collect upto 90%

teeth53 ( Date: 19-Feb-2017 14:02) Posted:

Quarz portfolio mgr Havard Chi, whose firm started accumulating IHC shares in recent mths, said:

" OUE' s offer - fair value to all shareholders, they has and intend to tender our (their) shares.

TechnicalTrader ( Date: 17-Feb-2017 23:01) Posted:

don' t think so hard... out of our control.... wait see how price move

OXley duo soldcheap@$0.106, face with money problem n as well as they are weak on facing a strong opponent.

OUE, Lippo Group, Lippo limited n hidden power money.

teeth53 ( Date: 19-Feb-2017 13:50) Posted:

Raidy' s n family try to buy cheap, holding abt or less < 60%.

Mkt forces saying is cheap. n it has some way to go B4 hitting 90%.

Wind22i ( Date: 18-Feb-2017 00:02) Posted:

Stephen riady trying to buy cheaply...

Raidy' s n family would want to list (mentioned). if it becoming an expensive execise to requrie all IHC share.

It it is cheap (like now), then why not start to collect cheap?. Just like they bot cheap from Oxley s duo n their sister.

happyharvest ( Date: 20-Feb-2017 23:14) Posted:

do you think OUE will bring IHC and HMC to private or continue listing?

teeth53 ( Date: 20-Feb-2017 23:00) Posted:

Termination of Non-Binding Term Sheet dated 6 Feb 2017 with Oxley Holdings Limited, Ching Chiat Kwong and Low See Ching

Co received a letter on 19 feb from Oxley Holdings Limited, Ching Chiat Kwong and Low See Ching
* Announces termination of non-binding term sheet dated Feb 6, 2017.

http://pdf.reuters.com/sgxnews/sgxnews.asp?i=43059c3bf0e37541& u=urn:newsml:reuters.com:20170220:nSN49Mzz

SGX announcement - OUE completion with Oxley' s n holded a total of about 57.60%.

Based on one-day volume-weighted average price of $0.1057 cents on the last day. Feb 14,2017.

http://pdf.reuters.com/sgxnews/sgxnews.asp?i=43059c3bf0e37541& u=urn:newsml:reuters.com:20170220:nSN1380rY

Sori Err...Feb 20, 2017 - 60,100 shr were pick up by Riady' s or +0.05%.

do you think OUE will bring IHC and HMC to private or continue listing?

teeth53 ( Date: 20-Feb-2017 23:00) Posted:

Termination of Non-Binding Term Sheet dated 6 Feb 2017 with Oxley Holdings Limited, Ching Chiat Kwong and Low See Ching

Co received a letter on 19 feb from Oxley Holdings Limited, Ching Chiat Kwong and Low See Ching
* Announces termination of non-binding term sheet dated Feb 6, 2017.

http://pdf.reuters.com/sgxnews/sgxnews.asp?i=43059c3bf0e37541& u=urn:newsml:reuters.com:20170220:nSN49Mzz

SGX announcement - OUE completion with Oxley' s n holded a total of about 57.60%.

Based on one-day volume-weighted average price of $0.1057 cents on the last day. Feb 14,2017.

A chk on Auric Pacific, oso target to go private by Riady' s. Another 61,900 shr were pick up from open mkt.

Lasr Friday were 80.17%. today. Monday added, +0.05% to reached 80.22% (no sellers is willing to sell)

Trade summary - It will take awhile more time to hit 90%, to take it private.

Last	Trades	Volume	Bid Volume	Mid	Ask Volume
1.650	14	61,900	61,900	0	0
1.655	69	7,400	0	0	7,400
TOTAL	83	69,300	61,900	0	7,400

-	Bid : volume done at buyer' s price.
-	Mid : married trade / bundled trade
-	Ask : volume done at seller' s price

teeth53 ( Date: 19-Feb-2017 13:32) Posted:

In Auric Pacific case. Raidy' s n family wish is willing only, no more n no less @$1.650c final offer, announced in SGX Exch.

A chk on Auric Pacific, oso target to go private by Riady' s. Another 165,200 shr were pick up from open mkt.

Yesterday were 80.04%. Friday added, +0.13% to reached 80.17% (no sellers is willing to sell)

Termination of Non-Binding Term Sheet dated 6 Feb 2017 with Oxley Holdings Limited, Ching Chiat Kwong and Low See Ching

Co received a letter on 19 feb from Oxley Holdings Limited, Ching Chiat Kwong and Low See Ching
* Announces termination of non-binding term sheet dated Feb 6, 2017.

http://pdf.reuters.com/sgxnews/sgxnews.asp?i=43059c3bf0e37541& u=urn:newsml:reuters.com:20170220:nSN49Mzz

SGX announcement - OUE completion with Oxley' s n holded a total of about 57.60%.

Based on one-day volume-weighted average price of $0.1057 cents on the last day. Feb 14,2017.

so becomes mandatory offer?

goodman ( Date: 20-Feb-2017 21:06) Posted:

http://infopub.sgx.com/Apps?A=COW_CorpAnnouncement_Content& B=AnnouncementToday& F=CIVAED79TKARWNA0& H=c9aa300f52b261026612cf5a46ed8b4953b9e7f28a74e01233c3a6bad3b9525f& fileId=Announcement_Completion%20of%20Acquisition_20Feb17.pdf

Deal done!! The Indonesian wins.

Latest update - thomsonreuters.com

IHC has declared a change in shareholding, triggering a clause that allows bondholders to redeem their investments and accrued interest.

However, S' pore-listed hospital mgt coy said in announcement late on Friday that it may not be able to obtain funding to meet the payment obligations and may not be able to continue as a going concern.

Yesterday, property group Oxley Holdings announced that it was terminating the offer of a S$50m convertible loan to IHC. The move followed the decision of Oxley and its controlling shareholders Ching Chiat Kwong and Low See Ching to sell their combined direct and indirect 35.77% stakes in IHC to OUE, another Singapore property company, late last week.

The shareholder change has raised OUE' s stake to 57.60% and triggered a mandatory takeover of IHC.

Under IHC' s outstanding S$50m 7% bond due on April 27 and a S$50m 6% note due February 6 2018, a change of shareholding event occurs when the combined stakes of Fan Kow Hin, Aathar Ah Kong Andrew and Jong Hee Sen and their family members fall under 30% of the issued share capital. Fan reduced his direct and indirect stake from 23% to 13.4% in early February but no details were given on stakes held by Jong and Aathar.

IHC said in light of OUE' s unconditional cash offer and Fan' s reduced shareholdings, the change of shareholding event has occurred.

The announcement advised investors holding the two outstanding bonds to deposit their notes and all unmatured coupons with principal paying agent Deutsche Bank by March 4.

IHC has to redeem these notes on April 18, 60 days from the notice date of February 17.

oh no..suspension....will it be delisted? jialiat

the previous management team mis-managed the company , getting into all this messes. I think a robot can make better decision than them. haha

checkmate ( Date: 19-Feb-2017 20:41) Posted:

Just read the latest sgx announcement.

http://infopub.sgx.com/FileOpen/Update.ashx?App=Announcement& FileID=439713

happyharvest ( Date: 19-Feb-2017 20:35) Posted:

could you copy and past the terms here? Where can I find it?

Just read the latest sgx announcement.

http://infopub.sgx.com/FileOpen/Update.ashx?App=Announcement& FileID=439713

happyharvest ( Date: 19-Feb-2017 20:35) Posted:

could you copy and past the terms here? Where can I find it?

checkmate ( Date: 19-Feb-2017 15:32) Posted:

Nobody focused on the part of the MTN event which says that the company does not have enough funds to meet their obligations. Someone has to come up with the extra redemption funds. Oxley? Riady family? Or some other white knight? Drama has not ended.

could you copy and past the terms here? Where can I find it?

checkmate ( Date: 19-Feb-2017 15:32) Posted:

Nobody focused on the part of the MTN event which says that the company does not have enough funds to meet their obligations. Someone has to come up with the extra redemption funds. Oxley? Riady family? Or some other white knight? Drama has not ended.

probably they are playing psychology here. purposely offer at low price and push higher at open market so that some retailers see that it is more attractive they may even sell at open market. They are just playing with our psychology. lol

teeth53 ( Date: 19-Feb-2017 13:43) Posted:

Yes. U were right. Just B4 the morning halt. Mkt players were placing their bet. Bid / Ask volume...indicating

Bid vol - 2,825,000 mil shr, [email protected] verse [email protected]. Ask Vol were at 17,942,000 mil shr

Lepin888 ( Date: 19-Feb-2017 07:40) Posted:

Insiders will push this up above 10.6cts to keep it listed since land bank has potential albeit more funds required.

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IHC