Was wondering what will be happening to HMC S70 millions, who sponsor name called - Gateway fund.
 
happyharvest ( Date: 16-Feb-2017 23:56) Posted:
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meaning shareholders can choose not to accept the offer?
If by mandantory, means all shareholders have to sell the shares at the offer price?
But OUE also want to maintain listing status. 
Confusing.. haha
" The Offeror' s present intention is to maintain the listing status of the Company. However, in the event the Free Float Requirement is not satisfied at the close of the Offer, the Offeror will assess the options available at that time. Accordingly, the Offeror may decide not to take steps to preserve the listing status of the Company on the SGX-ST if the Free Float Requirement is not satisfied"
checkmate ( Date: 16-Feb-2017 23:34) Posted:
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Think Quarz Capital mgt kena sabo liao, for leading in the change of top mgt in IHC.
0.106c - joker. Sure kena kena jialat jialat like that....might as well   clear all.
TechnicalTrader ( Date: 16-Feb-2017 23:48) Posted:
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Maybe tomorrow still got naughty ppl push up the price...
If that is the case, I will clear all... 
TechnicalTrader ( Date: 16-Feb-2017 23:45) Posted:
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take it this way, they need to put in much effort to clear up the mess.. 
besides, they also must win a bit lor... 
it is about that already lah... better than 7.7cts...
teeth53 ( Date: 16-Feb-2017 21:39) Posted:
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What can happen to IHC 42.40% remaining shares?. 
Can says, no more trading liao or still can buy /sell in open mkt after it request lifting the halt?.
checkmate ( Date: 16-Feb-2017 23:34) Posted:
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Offer is for all. They were generous to offer a 1.9% premium over last done with 21.5% below NAV, and threw in a freebie threat to delist.
happyharvest ( Date: 16-Feb-2017 22:45) Posted:
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as you mentioned in the other thread, oxley may be needing this money. this offer is only to the " vendors" not to the other shareholders if I' m not wrong
teeth53 ( Date: 16-Feb-2017 21:28) Posted:
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what a joke, joker card is hold by Riady' s n pay peanut to make money work.
Again retailers are not oni taken for a ride, oso got to pay for such ride.
Wind22i ( Date: 16-Feb-2017 19:57) Posted:
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Think can  chicken out just like that. Really don' t know what to says .
Oxley may oso one day happen to them...oni dare to take on the weak n not to challenage the strong.
Wind22i ( Date: 16-Feb-2017 20:39) Posted:
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Why Oxley cannot counter offer to Lippo own 21.3%?. Oxley is holding 35.77%
The offer by Riady' s family to acquistition will be completed by way of married deal.
Isit done deal outside mkt trading norm, agreed upon only by this two party. (Is tat right.)
What can happen to IHC 42.40% remaining shares?. only offering 0.106c.!!! joker.
happyharvest ( Date: 16-Feb-2017 20:52) Posted:
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Think they will pay peanut $ to Quarz Cap mgt ofr IHC stakes, like they pay Oxley. :( 
Same goes to Gateway fund for HMC stakes..:(
teeth53 ( Date: 16-Feb-2017 20:22) Posted:
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still listed after this mandatory offer. still can play I think
FearValueGreed ( Date: 16-Feb-2017 20:50) Posted:
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Xian liao, nothing more to play for IHC
Wind22i ( Date: 16-Feb-2017 20:39) Posted:
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These powerful & wealthy indonesian is known to squeeze the ordinary shareholder - to buy cheap...
One day they will control a lot of other companies here
One day they will control a lot of other companies here
http://infopub.sgx.com/Apps?A=COW_CorpAnnouncement_Content&B=AnnouncementToday&F=T3G4L0SDOHQLY6CS&H=09d1b32d9d155eac77a54f5c310396cdb522002282454fa0f8e6f4340387ab76&fileId=MGO%20Announcement.pdf
Link as follows
Link as follows
Well I don't think any surprise to anyone. Indonesian offer 10.6cts to take over the company. The power of Indonesians!!!! Oxley duo also has to kowtow to them!
we shall know soon. is really messy now
teeth53 ( Date: 16-Feb-2017 20:20) Posted:
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N what happen to Quarz Capital Management think off?.
About IHC... n HMC
About IHC... n HMC
What happen to Gateway fund $70 million. Or those 47%++ after convert (if converted)
Will Gateway Fund be just like Oxley. Chicken out.🐣
Will Gateway Fund be just like Oxley. Chicken out.🐣
happyharvest ( Date: 16-Feb-2017 19:46) Posted:
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