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741-760 of 972
Thank you very much, infancybird. I am very relieved to hear that!
No, it has to take back all outstanding share at $ 9.43( ex dividend) if it go delisted. Its in offer document.
equity ( Date: 02-Apr-2013 12:37) Posted:
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Thank you sg225551
http://www.channelnewsasia.com/news/business/f-n-receives-notice-to-make-clear-intent/623602.html
Oh gosh...infancy bird.... May I know which link u find this news ?
Thanks for the reply, infancybird. Do you know whether it is possible (legal) that TCC will be allowed to delist F& N and leave the minority shareholders stuck with holding shares of a private company at their discretion or perhaps at best, only offer to buy out their shares at a price LOWER than the Offer price of $9.43?
News in today:...
Fraser and Neave said it has been required by the SGX to inform shareholders about whether it intends to maintain its listing status by April 18 2013.
If it does not make its intention clear by that time, SGX said it will convert the trading halt of the company’s shares into a trading suspension with effect from April 19 2013.
F& N said the company is considering its options with respect to its listing status and will make an appropriate announcement in due course.
The best result is tCC split and sell all their assets and that will give themselve and all the remaining share holders big gain, may be will worth more than $11.00 . so wait till 18th April for good news. Start buying thaibev for possible asset injection from TCC/FNN. Thaibev is the gem of the future.
equity ( Date: 02-Apr-2013 00:32) Posted:
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Is TCC compelled to acquire the remaining minority shareholders' stake at its general offer's price? If not, what happens to the minority shareholders if F & N is delisted? Are we stuck? Any advice?
thanks for the reply
infancybird ( Date: 19-Feb-2013 11:50) Posted:
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not to worry, TCC will acquire the balance outstanding shares at its offered price of 9.43(minus dividend 12ct) within the next 3 months...do not sell in the open mkt as u will incur commision etc charges. Just wait for their extension of deadline date which must come out within 2 days .
zanetti ( Date: 19-Feb-2013 11:29) Posted:
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any seniors can advise what will happen now if I am still holding on to F& N shares ?
It now owns 1.3b F& N shares.
According to a release, Thai Beverage announced that the mandatory cash offer for Fraser & Neave Limited has closed as of 5.30pm (Singapore time) on 18 February 2013. Accordingly the F& N Offer is no longer open for acceptance and any acceptance received thereafter will be rejected.
As at 5.00 p.m. (Singapore time) on 6 February 2013, the total number of (a) F& N Shares owned, controlled or agreed to be acquired by the Offeror and parties acting in concert with it, and (b) valid acceptances to the F& N Offer, amount to an aggregate of 1,098,200,336 F& N Shares, representing approximately 76.19% of the issued share capital of the Company4.
Thanks Octavia
Octavia ( Date: 29-Jan-2013 23:28) Posted:
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IMO,you should be entitled to dividend.Similarly those who bought on ex-date(i.e 1st Feb) will not be getting the CD.
Ann3332 ( Date: 29-Jan-2013 23:14) Posted:
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Can anyone please advise, F& N ex-date is 1st Feb. will I get dividend if sell on 1st Feb? Just want to be sure, thank you
Fraser & Neave (F99.SG) said Tuesday that all of its board members, including Chairman Lee Hsien Yang, will resign from the company next week, making way for Thai billionaire Charoen Sirivadhanabhakdi, the largest shareholder, to restructure the board.
The nine board members decided to resign to allow Charoen's Thai company -- unlisted TCC Assets -- to have a " free hand to chart a new direction" for Fraser & Neave, a Singapore property and soft drinks conglomerate, Lee told shareholders at the company's annual general meeting.
I think it was more of a sack after what the F& N directors have earlier lean towards Heineken for the purchase of APB.Charoen is very angry.
Aiyoyo. TCC only did 2 married deals la. 34.6m F& N at 9.55. Now TCC got 42.5%. OUE has not reverted on a counteroffer yesterday. Now if Kirin chickens out, the story ends.
BTW no married deals at 9.6 hor. Don't anyhow bomb from your rear :D
Would it be TCC buying...? this married deal..??.
| Last | Trades | Volume | Bid Volume | Mid | Ask Volume |
| 9.550 | 4 | 93,018,000 | 0 | 93,018,000 | 0 |
| 9.700 | 14 | 39,000 | 39,000 | 0 | 0 |
| 9.710 | 32 | 131,000 | 113,000 | 11,000 | 7,000 |
| 9.720 | 19 | 45,000 | 18,000 | 0 | 27,000 |
| 9.730 | 10 | 51,000 | 32,000 | 0 | 19,000 |
| 9.740 | 5 | 12,000 | 11,000 | 0 | 1,000 |
| 9.750 | 46 | 489,000 | 0 | 0 | 489,000 |
| TOTAL | 130 | 93,785,000 | 213,000 | 93,029,000 | 543,000 |
infancybird ( Date: 19-Jan-2013 07:07) Posted:
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