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2 comment(s). Last comment by paperplane2 2015-10-18 14:02
Posted by paperplane2 > 2015-10-18 14:02 | Report Abuse
Chan is the one of the founder and director in opus assset mgt.
No result.
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CS Tan
4.9 / 5.0
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
biorider
101 posts
Posted by biorider > 2015-08-15 18:44 | Report Abuse
Well this is not a mandatory take over. It's just a SOP when a single shareholder holds more than 50%, he has to offer to take up the remaining share with no approval from other shareholders. We could retain our shares as this is not a mandatory take over unless they holds Geshen up to 90% then mandatory take over will take place.
Many not really understand the announcement and just look on the offer price and sold off their shares.
To me, i will say who understand the situation will know what to do at this momemt.
Let see what happen.