Keppel    Last:10.59    -0.07

Keppel Corp

Everyone knows here the mastermind and instigator behind it......But whatever, the deal will go thru...
 

ckmpd1      ( Date: 06-Oct-2022 09:25) Posted: Well said, FATABA. As mentioned before, TH, KC, SCM, JPM and CS had long and thorough discussions.  They knew what KOM and SCM have, their plans, their liabilities, etc.  Minority SHs who said KC pushed whatever fines or penalties KOM are liable for to Bayberry are naive.  These wld have been featured and factored in during the discussion, deliberations and negotiations.  It is after factoring in all these liabilities that the team conclude that the following are fair and equitable: 1. Bayberry pays KC $500m 2. KC SHs get 18 to 23 Bayberry shares in specie for every KC share they hold 3. 1 SCM share becomes 1 Bayberry share. Anyone who think above are not fair has a choice to vote " No" to merger at the EGM. Baseless and mindless accusations lead to nowhere except frustration for the accuser.    Logical and clear mind is preferred to wild accusations FATABA      ( Date: 06-Oct-2022 08:31) Posted: Firstly I see that you are using a new member name and claim YOU have no holdings in both SCM and Kep.  FOR BETTER or WORST ....dont read this person post without thinking deeper his objective and how DEEP has he dived into SM ...after 2 rights issue.  Any company w any legal issue would not pay up till all possibke legal issue are expore and till the final decision . ( any delay is good for the company bottomline is it not )  Further WHY ? have you not ask CIPB allow this delay ? ( if 100% Kep have to pay ? ...there must be some legal allowance right ...not up to them ? ) Also you assume that SM and KOM didnt include this in the discussion ? ( NO clause to cover any other cost in their agreement ? LOL dont you ever think contracts are decided like this )  Honestly ...I hate it when someone quote a statement for nobody basing on his personal view and assuming all is right ?  Go from SN forum and put it here for KEP forum readers?  Truly ...and IF anyone own Kep share here ....would be laughing that SM mgt is so stupid to agree is TRUE ?  So before you conclude and quote that person bias input .....read and reTHINK in detail why and what he said .  Rest my case ( unfortunate that the SM forum unhappiness has come into Kep Forum ) .

 

If KC were to pay and clear all KOM liabilities before the merger, perhaps the terms of merger wld be more painful to SCM SHs.  Perhaps it wld turn out to be:

1.  Bayberry to pay KC $600m
2.  KC SHs to get 30 Bayberry shares
3.  1 SCM share become 1 Bayberry share.

The above wld be more devastating.  Hence some KOM liabilities are delayed till after merger so that the fair terms appear less painful to SCM SHs.? The true SCM situation hurts

ckmpd1      ( Date: 06-Oct-2022 09:25) Posted: Well said, FATABA. As mentioned before, TH, KC, SCM, JPM and CS had long and thorough discussions.  They knew what KOM and SCM have, their plans, their liabilities, etc.  Minority SHs who said KC pushed whatever fines or penalties KOM are liable for to Bayberry are naive.  These wld have been featured and factored in during the discussion, deliberations and negotiations.  It is after factoring in all these liabilities that the team conclude that the following are fair and equitable: 1. Bayberry pays KC $500m 2. KC SHs get 18 to 23 Bayberry shares in specie for every KC share they hold 3. 1 SCM share becomes 1 Bayberry share. Anyone who think above are not fair has a choice to vote " No" to merger at the EGM. Baseless and mindless accusations lead to nowhere except frustration for the accuser.    Logical and clear mind is preferred to wild accusations FATABA      ( Date: 06-Oct-2022 08:31) Posted: Firstly I see that you are using a new member name and claim YOU have no holdings in both SCM and Kep.  FOR BETTER or WORST ....dont read this person post without thinking deeper his objective and how DEEP has he dived into SM ...after 2 rights issue.  Any company w any legal issue would not pay up till all possibke legal issue are expore and till the final decision . ( any delay is good for the company bottomline is it not )  Further WHY ? have you not ask CIPB allow this delay ? ( if 100% Kep have to pay ? ...there must be some legal allowance right ...not up to them ? ) Also you assume that SM and KOM didnt include this in the discussion ? ( NO clause to cover any other cost in their agreement ? LOL dont you ever think contracts are decided like this )  Honestly ...I hate it when someone quote a statement for nobody basing on his personal view and assuming all is right ?  Go from SN forum and put it here for KEP forum readers?  Truly ...and IF anyone own Kep share here ....would be laughing that SM mgt is so stupid to agree is TRUE ?  So before you conclude and quote that person bias input .....read and reTHINK in detail why and what he said .  Rest my case ( unfortunate that the SM forum unhappiness has come into Kep Forum ) .

 

Well said, FATABA.

As mentioned before, TH, KC, SCM, JPM and CS had long and thorough discussions.  They knew what KOM and SCM have, their plans, their liabilities, etc.  Minority SHs who said KC pushed whatever fines or penalties KOM are liable for to Bayberry are naive.  These wld have been featured and factored in during the discussion, deliberations and negotiations.  It is after factoring in all these liabilities that the team conclude that the following are fair and equitable:
1. Bayberry pays KC $500m
2. KC SHs get 18 to 23 Bayberry shares in specie for every KC share they hold
3. 1 SCM share becomes 1 Bayberry share.

Anyone who think above are not fair has a choice to vote " No" to merger at the EGM.

Baseless and mindless accusations lead to nowhere except frustration for the accuser.    Logical and clear mind is preferred to wild accusations

FATABA      ( Date: 06-Oct-2022 08:31) Posted: Firstly I see that you are using a new member name and claim YOU have no holdings in both SCM and Kep.  FOR BETTER or WORST ....dont read this person post without thinking deeper his objective and how DEEP has he dived into SM ...after 2 rights issue.  Any company w any legal issue would not pay up till all possibke legal issue are expore and till the final decision . ( any delay is good for the company bottomline is it not )  Further WHY ? have you not ask CIPB allow this delay ? ( if 100% Kep have to pay ? ...there must be some legal allowance right ...not up to them ? ) Also you assume that SM and KOM didnt include this in the discussion ? ( NO clause to cover any other cost in their agreement ? LOL dont you ever think contracts are decided like this )  Honestly ...I hate it when someone quote a statement for nobody basing on his personal view and assuming all is right ?  Go from SN forum and put it here for KEP forum readers?  Truly ...and IF anyone own Kep share here ....would be laughing that SM mgt is so stupid to agree is TRUE ?  So before you conclude and quote that person bias input .....read and reTHINK in detail why and what he said .  Rest my case ( unfortunate that the SM forum unhappiness has come into Kep Forum ) .    FloraFauna      ( Date: 05-Oct-2022 18:28) Posted: KOM' s announcement on the13th Sept 2022. Bayberry will have to pay up this USD126.2 million claim after merger.  Instead of settling it now, KC is trying again  to kick this USD126.2 million can over to Bayberry, very much like the $73.2 million CIPB fine.  So before Bayberry can start biz, have to pay $500mil cash to KC, $73.2 million to CIPB and USD126.2 million to this unknown claimant.   Above taken from SCM' s thread under `Better to vote No for merger'   To be a bit more fair and upright in its dealings, shouldn' t Keppel offer to pay for all these fines herself  despite the terms of the merger since she was responsible for them instead of trying hard to push it to ' someone else' ? Where is the integrity?  Quite dismayed by its behaviour. Disclosure :  No holdings in both SCM and Keppel.

 

Firstly I see that you are using a new member name and claim YOU have no holdings in both SCM and Kep. 

FOR BETTER or WORST ....dont read this person post without thinking deeper his objective and how DEEP has he dived into SM ...after 2 rights issue. 
Any company w any legal issue would not pay up till all possibke legal issue are expore and till the final decision . ( any delay is good for the company bottomline is it not ) 
Further WHY ? have you not ask CIPB allow this delay ? ( if 100% Kep have to pay ? ...there must be some legal allowance right ...not up to them ? )
Also you assume that SM and KOM didnt include this in the discussion ? ( NO clause to cover any other cost in their agreement ? LOL dont you ever think contracts are decided like this ) 

Honestly ...I hate it when someone quote a statement for nobody basing on his personal view and assuming all is right ?  Go from SN forum and put it here for KEP forum readers? 
Truly ...and IF anyone own Kep share here ....would be laughing that SM mgt is so stupid to agree is TRUE ? 

So before you conclude and quote that person bias input .....read and reTHINK in detail why and what he said . 
Rest my case ( unfortunate that the SM forum unhappiness has come into Kep Forum ) . 


 

FloraFauna      ( Date: 05-Oct-2022 18:28) Posted: KOM' s announcement on the13th Sept 2022. Bayberry will have to pay up this USD126.2 million claim after merger.  Instead of settling it now, KC is trying again  to kick this USD126.2 million can over to Bayberry, very much like the $73.2 million CIPB fine.  So before Bayberry can start biz, have to pay $500mil cash to KC, $73.2 million to CIPB and USD126.2 million to this unknown claimant.   Above taken from SCM' s thread under `Better to vote No for merger'   To be a bit more fair and upright in its dealings, shouldn' t Keppel offer to pay for all these fines herself  despite the terms of the merger since she was responsible for them instead of trying hard to push it to ' someone else' ? Where is the integrity?  Quite dismayed by its behaviour. Disclosure :  No holdings in both SCM and Keppel.

 

KOM' s announcement on the13th Sept 2022. Bayberry will have to pay up this USD126.2 million claim after merger.  Instead of settling it now, KC is trying again  to kick this USD126.2 million can over to Bayberry, very much like the $73.2 million CIPB fine.  So before Bayberry can start biz, have to pay $500mil cash to KC, $73.2 million to CIPB and USD126.2 million to this unknown claimant. Above taken from SCM' s thread under `Better to vote No for merger'  
To be a bit more fair and upright in its dealings, shouldn' t Keppel offer to pay for all these fines herself  despite the terms of the merger since she was responsible for them instead of trying hard to push it to ' someone else' ? Where is the integrity?  Quite dismayed by its behaviour.
Disclosure :  No holdings in both SCM and Keppel.

 

Correct.  Terms of merger were negotiated many months ago and have been fixed and confirmed.

The EGMs are to vote " Yes" or " No" to the proposed merger, not to renegotiate the terms.

Any contract win is good for Bayberry if merger proceeds.

Some minority SHs are harbouring hope of merger not successful

vicloo      ( Date: 05-Oct-2022 08:06) Posted: Is good both companies aka Bayberry 🎊 ysh2006      ( Date: 05-Oct-2022 07:51) Posted: SCM just got a large project from Brazil ,a good bargain with Kepple..

 

Is good both companies aka Bayberry 🎊

ysh2006      ( Date: 05-Oct-2022 07:51) Posted: SCM just got a large project from Brazil ,a good bargain with Kepple... vicloo      ( Date: 05-Oct-2022 06:39) Posted: Merger voting date should be annouced jointly with SCM at the same time like last time.

 

SCM just got a large project from Brazil ,a good bargain with Kepple...

vicloo      ( Date: 05-Oct-2022 06:39) Posted: Merger voting date should be annouced jointly with SCM at the same time like last time. ckmpd1      ( Date: 05-Oct-2022 05:59) Posted: Looking forward to some good news on 27 Oc

 

Yes.   

And i think EGMs likely same day too.

Dissenters may disagree.  But I expect EGMs to solidly approve merger

vicloo      ( Date: 05-Oct-2022 06:39) Posted: Merger voting date should be annouced jointly with SCM at the same time like last time. ckmpd1      ( Date: 05-Oct-2022 05:59) Posted: Looking forward to some good news on 27 Oc

 

Merger voting date should be annouced jointly with SCM at the same time like last time.

ckmpd1      ( Date: 05-Oct-2022 05:59) Posted: Looking forward to some good news on 27 Oct newbie19      ( Date: 04-Oct-2022 19:30) Posted: Keppel Corp will update the 3rd Quarter 2022 results on 27 October 2022. This is a important date for all to remember. KC WILL TAKE THIS OPPORTUNITY TO ANNOUNCE THE DATE OF THE KOM/SCM MERGER AS WELL IF KC 3RD QUARTER IS PROFITS!!

 

Looking forward to some good news on 27 Oct

newbie19      ( Date: 04-Oct-2022 19:30) Posted: Keppel Corp will update the 3rd Quarter 2022 results on 27 October 2022. This is a important date for all to remember. KC WILL TAKE THIS OPPORTUNITY TO ANNOUNCE THE DATE OF THE KOM/SCM MERGER AS WELL IF KC 3RD QUARTER IS PROFITS!!

 

Global share markets are stormy.  Although KC is also affected by the stormy markets, it is a strong and sturdy ship.  It is poised to rise to greater heights

newbie19      ( Date: 04-Oct-2022 19:30) Posted: Keppel Corp will update the 3rd Quarter 2022 results on 27 October 2022. This is a important date for all to remember. KC WILL TAKE THIS OPPORTUNITY TO ANNOUNCE THE DATE OF THE KOM/SCM MERGER AS WELL IF KC 3RD QUARTER IS PROFITS!!

 

Keppel Corp will update the 3rd Quarter 2022 results on 27 October 2022. This is a important date for all to remember. KC WILL TAKE THIS OPPORTUNITY TO ANNOUNCE THE DATE OF THE KOM/SCM MERGER AS WELL IF KC 3RD QUARTER IS PROFITS!!

 

newbie19      ( Date: 04-Oct-2022 16:25) Posted: Anyway, who cares....this KC thread is our concert theatre..... We just sing to our heart`s content....the rest will leave it to the judge to comment, which is 2 over months from now.... ckmpd1      ( Date: 04-Oct-2022 16:16) Posted: If KC SHs are happy and singing but he thinks we are wrong, he still need not be offended that we are happy...funny guy, he i

 

No choice ma, if the merge term is make favorable to both SM and Keppel, then both SHs will sing the same song happily together and enjoying both rising share price. But too bad, so argue lo 😂 😂 😂

newbie19      ( Date: 04-Oct-2022 16:12) Posted: Maybe, the way we sing out of tunes, our vocal techniques or voice not good enough... But, we already try to improve our singing liao ma..... that`s why to SCM SHs kena offended... ckmpd1      ( Date: 04-Oct-2022 16:00) Posted: Well said, newbie.  We  like to sing song here.  What I dont understand is why are SCM minority SHs offended that we sing song and praise KC here

 

Glad to hear that there is no envy nor malice.  So if we are wrong, just let us be blissfully wrong.  No need to try so hard to burst our bubble

ahbui8      ( Date: 04-Oct-2022 16:23) Posted: Seriously no envious cos I did sold my Keppel in profit. I' m not interested in Bayberry under such merge term, only interested in the Keppel without KOM.  ckmpd1      ( Date: 04-Oct-2022 16:13) Posted: Dont be envious la.  If we are happy thinking we are winners but you think we are losers, just let us be blissfully wrong.

 

Anyway, who cares....this KC thread is our concert theatre.....
We just sing to our heart`s content....the rest will leave it to the judge to comment, which is 2 over months from now....

ckmpd1      ( Date: 04-Oct-2022 16:16) Posted: If KC SHs are happy and singing but he thinks we are wrong, he still need not be offended that we are happy...funny guy, he is newbie19      ( Date: 04-Oct-2022 16:12) Posted: Maybe, the way we sing out of tunes, our vocal techniques or voice not good enough... But, we already try to improve our singing liao ma..... that`s why to SCM SHs kena offended..

 

Seriously no envious cos I did sold my Keppel in profit. I' m not interested in Bayberry under such merge term, only interested in the Keppel without KOM. 

ckmpd1      ( Date: 04-Oct-2022 16:13) Posted: Dont be envious la.  If we are happy thinking we are winners but you think we are losers, just let us be blissfully wrong.    ahbui8      ( Date: 04-Oct-2022 16:06) Posted: Must got ppl come here to disturb then fun ma 😂 😂 😂 anyway I sold my Keppel liao, so can' t join you guys to sing the same song, so I make noise lo 😜 . Anyway, still the same thinking, such lousy merge term, both Keppel and SM won' t benefit, hold SM better cos at least I can run before Bayberry form. 😂

 

If KC SHs are happy and singing but he thinks we are wrong, he still need not be offended that we are happy...funny guy, he is

newbie19      ( Date: 04-Oct-2022 16:12) Posted: Maybe, the way we sing out of tunes, our vocal techniques or voice not good enough... But, we already try to improve our singing liao ma..... that`s why to SCM SHs kena offended... ckmpd1      ( Date: 04-Oct-2022 16:00) Posted: Well said, newbie.  We  like to sing song here.  What I dont understand is why are SCM minority SHs offended that we sing song and praise KC here

 

Dont be envious la.  If we are happy thinking we are winners but you think we are losers, just let us be blissfully wrong.   

ahbui8      ( Date: 04-Oct-2022 16:06) Posted: Must got ppl come here to disturb then fun ma 😂 😂 😂 anyway I sold my Keppel liao, so can' t join you guys to sing the same song, so I make noise lo 😜 . Anyway, still the same thinking, such lousy merge term, both Keppel and SM won' t benefit, hold SM better cos at least I can run before Bayberry form. 😂 ckmpd1      ( Date: 04-Oct-2022 16:00) Posted: Well said, newbie.  We  like to sing song here.  What I dont understand is why are SCM minority SHs offended that we sing song and praise KC here