Reasons/Catalysts
a) It appears Quek is on his way to restructure many of his companies. He did it with Narra/cement, and there are whispers that Southern Steel will follow after Guocoland.
b) The botched privatisation of HLG Capital thwarted by Dr Yu of YNH Property would lend a lot of credence to the belief that if Quek wants to do a privatisation this time, it would not be a half wait and see tactic. The last thing he wants is another Dr Yu into the fray in his quest to take Guocoland private.
c) Even more than HLG Capital, Guocoland is all the more important for it to be taken private with its resplendent landbank and deep uncorked value.
d) So, either you do smthg quickly, ... you do not want to be wishy washy and make a low offer, or worse,.. no offer... all the while when you can see someone is playing or accumulating your stock.
luckyman
Isn't it now the good time to privatize Guoco Land? What's the major shareholder waiting for?
2015-01-18 16:17