Great Eastern    Last:15.82   -

Great Eastern Holdings Limited

Second and third largest shareholder of GEH also not selling, why should we minority sell. Stick together and we will win

ihatebigbully      ( Date: 21-Jun-2024 09:44) Posted: Goog ! I am looking forward for OCBC to cross the 90% mark and see the real show of how the great white shark swallow up the rest of ikan bilis I wont sell my share

 

Goog ! I am looking forward for OCBC to cross the 90% mark and see the real show of how the great white shark swallow up the rest of ikan bilis
I wont sell my share
 

 

I will fight, even if my shares are suspended. I will hold on. Suck my as

prophetjul      ( Date: 21-Jun-2024 08:57) Posted: It' s a capitalist world.  They have gathered 90% of the shares floated. What do you expect?  Suck it up and move on.  Godwinlow      ( Date: 21-Jun-2024 07:25) Posted: If after OCBC hit 90%. SGX don' t step in. Don' t bother to invest sg stocks for the rest of your life. It will be a dead exchange that only rich owners can take advantage of minority shareholders. A losing game.

 

It' s a capitalist world.  They have gathered 90% of the shares floated. What do you expect? 
Suck it up and move on. 

Godwinlow      ( Date: 21-Jun-2024 07:25) Posted: If after OCBC hit 90%. SGX don' t step in. Don' t bother to invest sg stocks for the rest of your life. It will be a dead exchange that only rich owners can take advantage of minority shareholders. A losing game.  Godwinlow      ( Date: 21-Jun-2024 07:20) Posted: It' s precisely because this is a stingy offer. But be rest assured, many eyes are watching this deal. OCBC can' t do whatever they like.

 

If after OCBC hit 90%. SGX don' t step in. Don' t bother to invest sg stocks for the rest of your life. It will be a dead exchange that only rich owners can take advantage of minority shareholders. A losing game. 

Godwinlow      ( Date: 21-Jun-2024 07:20) Posted: It' s precisely because this is a stingy offer. But be rest assured, many eyes are watching this deal. OCBC can' t do whatever they like.  SmallSmall      ( Date: 20-Jun-2024 23:08) Posted: Then you should be buying now if you believe a Fair and Reasonable Exit Offer is next if they hit 90% which is likely to come soon. Once they hit 90% counter would be suspended then cannot buy. But be prepared to get stucked for 6 months pending SGX directive (if any) to delist (assuming they cannot exercise their rights to a compulsory acquisition of the remaining shares) Also in the unlikely event they do not hit 90% near closing date, better sell it off otherwise price will drop drastically. Too many ifs 😂

 

It' s precisely because this is a stingy offer. But be rest assured, many eyes are watching this deal. OCBC can' t do whatever they like. 

SmallSmall      ( Date: 20-Jun-2024 23:08) Posted: Then you should be buying now if you believe a Fair and Reasonable Exit Offer is next if they hit 90% which is likely to come soon. Once they hit 90% counter would be suspended then cannot buy. But be prepared to get stucked for 6 months pending SGX directive (if any) to delist (assuming they cannot exercise their rights to a compulsory acquisition of the remaining shares) Also in the unlikely event they do not hit 90% near closing date, better sell it off otherwise price will drop drastically. Too many ifs 😂   rledchg11      ( Date: 20-Jun-2024 21:38) Posted: GE. esteem company..... never deceive a customer to buy policy.... and also after the customer buy the policy... their staff also never disappear....  good esteem company. how i wish i own this stock....

 

21 Jun, 22 calendar or 16 market days to 12 July
OCBC' s stake 89.5344%, need 2,203,898 to hit 90% and suspension.

FairShake      ( Date: 19-Jun-2024 21:21) Posted: 19 Jun 24, 9.15pm OCBC need additional 3,128,911 shares to hit 90% and seek suspension. FairShake      ( Date: 19-Jun-2024 10:18) Posted: 19 June 2024 Need 4,062,344 shares to 90% and suspension.

 

Then you should be buying now if you believe a Fair and Reasonable Exit Offer is next if they hit 90% which is likely to come soon. Once they hit 90% counter would be suspended then cannot buy.
But be prepared to get stucked for 6 months pending SGX directive (if any) to delist (assuming they cannot exercise their rights to a compulsory acquisition of the remaining shares)
Also in the unlikely event they do not hit 90% near closing date, better sell it off otherwise price will drop drastically.

Too many ifs 😂  

rledchg11      ( Date: 20-Jun-2024 21:38) Posted: GE. esteem company..... never deceive a customer to buy policy.... and also after the customer buy the policy... their staff also never disappear....  good esteem company. how i wish i own this stock..... Godwinlow      ( Date: 20-Jun-2024 21:17) Posted: Thank you small small for the lengthy and nicely explained points. Definitely agree. Waiting for OCBC to hit 90% and SGX to step.  also note, OCBC already mentioned " intent to delist" so high hopes, higher offer of " fair and reasonable " will be given

 

Don' t waste time trying to talk sense to the 1 lot fellow... he only holds at most 1 lot in every counters but go around wasting time bullshiting with his gangsters black market stories haha..

Zhlim123      ( Date: 20-Jun-2024 20:56) Posted: i suggest you eat fish oil to nourish your brain.  aragosta      ( Date: 20-Jun-2024 20:54) Posted: --- Post Removed by User ---

 

GE. esteem company..... never deceive a customer to buy policy.... and also after the customer buy the policy... their staff also never disappear.... 
good esteem company. how i wish i own this stock.....

Godwinlow      ( Date: 20-Jun-2024 21:17) Posted: Thank you small small for the lengthy and nicely explained points. Definitely agree. Waiting for OCBC to hit 90% and SGX to step.  also note, OCBC already mentioned " intent to delist" so high hopes, higher offer of " fair and reasonable " will be given  SmallSmall      ( Date: 20-Jun-2024 21:11) Posted: Just sharing my take: The key point is whether the offer is  Fair and reasonable. 2 examples of offerors exercising their rights to acquire the remaining 10% upon crossing 90% PS Fastener and GK Goh Both cases IFA deemed offer as Fair and Reasonable (Hence no objection from SGX) Boustead Project Similarly crossed 90% but offeror unable to exercise it' s rights to compulsorily acquired the balance Because Offer was Unfair but reasonable. Of course I presumed in all cases 75% of the dissenting shareholders voted against delisting? Let' s stay civilised as this is an objective conclusion which I am sure has a clear answer. It' s just that we all take bits and pieces and think we are all correct. An expert' s opinion would be most helpful instead of all the unnecessary endless arguments

 

Thank you small small for the lengthy and nicely explained points. Definitely agree. Waiting for OCBC to hit 90% and SGX to step. 


also note, OCBC already mentioned " intent to delist" so high hopes, higher offer of " fair and reasonable " will be given 

SmallSmall      ( Date: 20-Jun-2024 21:11) Posted: Just sharing my take: The key point is whether the offer is  Fair and reasonable. 2 examples of offerors exercising their rights to acquire the remaining 10% upon crossing 90% PS Fastener and GK Goh Both cases IFA deemed offer as Fair and Reasonable (Hence no objection from SGX) Boustead Project Similarly crossed 90% but offeror unable to exercise it' s rights to compulsorily acquired the balance Because Offer was Unfair but reasonable. Of course I presumed in all cases 75% of the dissenting shareholders voted against delisting? Let' s stay civilised as this is an objective conclusion which I am sure has a clear answer. It' s just that we all take bits and pieces and think we are all correct. An expert' s opinion would be most helpful instead of all the unnecessary endless arguments

 

Previously, i saw you also in PRIME US REIT correct. You invested in PRIME?

SmallSmall      ( Date: 20-Jun-2024 21:11) Posted: Just sharing my take: The key point is whether the offer is  Fair and reasonable. 2 examples of offerors exercising their rights to acquire the remaining 10% upon crossing 90% PS Fastener and GK Goh Both cases IFA deemed offer as Fair and Reasonable (Hence no objection from SGX) Boustead Project Similarly crossed 90% but offeror unable to exercise it' s rights to compulsorily acquired the balance Because Offer was Unfair but reasonable. Of course I presumed in all cases 75% of the dissenting shareholders voted against delisting? Let' s stay civilised as this is an objective conclusion which I am sure has a clear answer. It' s just that we all take bits and pieces and think we are all correct. An expert' s opinion would be most helpful instead of all the unnecessary endless arguments

 

Just sharing my take:
The key point is whether the offer is 
Fair and reasonable.
2 examples of offerors exercising their rights to acquire the remaining 10% upon crossing 90%
PS Fastener and GK Goh
Both cases IFA deemed offer as Fair and Reasonable (Hence no objection from SGX)

Boustead Project
Similarly crossed 90% but offeror unable to exercise it' s rights to compulsorily acquired the balance
Because Offer was Unfair but reasonable.

Of course I presumed in all cases 75% of the dissenting shareholders voted against delisting?

Let' s stay civilised as this is an objective conclusion which I am sure has a clear answer.
It' s just that we all take bits and pieces and think we are all correct.
An expert' s opinion would be most helpful instead of all the unnecessary endless arguments

 

haha

 

Thank you Zhlim123. You really made my day! Hahahahhaha 😂 😂  

Zhlim123      ( Date: 20-Jun-2024 20:56) Posted: i suggest you eat fish oil to nourish your brain.  aragosta      ( Date: 20-Jun-2024 20:54) Posted: --- Post Removed by User ---

 

i suggest you eat fish oil to nourish your brain. 

aragosta      ( Date: 20-Jun-2024 20:54) Posted: --- Post Removed by User ---

 

Aragosta brother

thnaks you for posting and informing us OCBC is nearing 90% collection of GE shares. I am looking forward to the magi number.

BUt I really think OCBC is wasting their money to empoly you as their water carrier, this is ecasue not only we are receiving low ball offer, but also receiving low ball fear threat, this to me is low ball to the max

 

 

each of the interested parties become too excited over this. 

 

Maybe Channel 8 Mediacorp should create a tv show for this. 
Too exciting and funny. 

 

https://rulebook.sgx.com/rulebook/chapter-13-trading-halt-suspension-and-delisting-0


Ok la. Don' t say I not good. The hint, under chapter 13. Pls go and find. Cannot always spoon feed you the answer. If not you take it for granted even if you are a boomer. cannot always have your own way. 

aragosta      ( Date: 20-Jun-2024 20:24) Posted: --- Post Removed by User ---