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2 comment(s). Last comment by paperplane2 2015-10-18 14:02

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.

paperplane2

3,235 posts

Posted by paperplane2 > 2015-10-18 14:02 | Report Abuse

Chan is the one of the founder and director in opus assset mgt.

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