The major minorities shareholders of GE is fighting for a higher price from OCBC.

I think they will just let 12 Jul lapse. Drag on so that they will get more time to get a better offer from OCBC.

Very interesting development. Don't know how it's going to end up. Hope a win-win for both Kuchai and Sg Bagan shareholders.

Don't think Sg Bagan will allow OCBC to buy over GE shares from Kuchai. Already 90%+ of Kuchai's shareholders voted in favour of the resolution so there is no turning back unless there is another resolution to overrule the earlier resolution. I think OCBC needs to negotiate with Sg Bagan and not Kuchai. As it stands, Sg Bagan got the upper hand and not Kuchai. Just my opinion.

Based on the approved resolution, Sg Bagan will definitely take over the assets and liabilities of Kuchai first before they will sell their GE shares to OCBC. I don't think Sg Bagan will allow Kuchai to sell direct to OCBC.

Can Kuchai's shareholders still negotiate for a better deal from Sg Bagan after they have voted for the resolution?
Extending the date will not make any difference to the resolution. .

90%+ supported the resolution during the EGM. There is no going back.

Sg Bagan will take over all assets and liabilities of Kuchai. All benefits are going to Sg Bagan. Kuchai is just a shell company. Might as well buy Sg Bagan in the open market rather than wait for that 222 shares.

Kuchai at a losing end. Sg Bagan is the biggest gainer.

How's the outcome of the EGM?

Is this a good deal for KDB's shareholders?

Prefer they distribute the cash rather than Sg Bagan shares.

Such a bad deal, do you think they will get it pass in the EGM/AGM?

The latest news or exercise announced recently, is it good or bad for shareholders? Any advise please.

Any news on this counter? Seems very quiet.

They gave dividend?

High volume but price drop???

Dividend-in-specie ex-date 17 Aug

Based on Sg Bagan share at $3.32, the dividend-in-specie is about $0.46 per share. That is fantastic.

Hi birkincollector, the 12mil off market transaction at 2.37 just happen?

What is happening to Kuchai?

What exercise are they intending to do?

Look out for Kuchai. 1.98

Their income mainly derived from GE in S'pore. S'pore's economy should pick up faster.

I thought it will be easier to take Kuchai private as Kuchai owned Great Eastern shares plus 2 properties only.

Pineapple hits limit up today. Is Chuan Huat going to follow?

what is happening today?

Kluang and Sg Bagan got volume today and their prices went up. Kuchai down. Why???

SCR is based on last 5 days closing price plus certain percentage of premium???

Kuchai NTA $4.012 up from $3.89.

GE S'pore keeps falling. Bad for Kuchai.

They sold their investment in AISB and made $1.2m.

High volume today!! Any news??

yoyo up and down!!!

Crazy, hits a high of $0.50!!!

Takeover??? By who?

Hi guys, something cooking.

Very high volume. What's going on??

Thanks. Hope they sell GE shares and distribute to shareholders.

Hi, SCR stands for what?

Something cooking????? A lot of buyer and sellers.

Why? Kuchai got nothing to do with YTL.

What is SCR?

What's coming? Closed at 1.70.

Good trading volume today.

Nobody seem to notice.

What's going on with Zecon? High volume.

I would have though that Kuchai will distribute Sg. Bagan shares to Kuchai's shareholders and go for a reverse takeover by GE.

Any more good news coming for Kuchai??? What is the purpose for giving us Kluang's shares???

Si liao liao