93,700 sq feet of land comprising its factory to be compulsorily acquired for the new LRT line.Looks like it can get between 16 - 30 million in compensation & can rent another factory to continue its biz.
I guess either it's the compulsory acquisition of its factory land or further details of the waiver agreement with the ex-major shareholder... should be good :D
Almost 400,000 shares were dumped from 38c to 39.5c on the first day after the bad news on the first trading day of August, and more on the second day.
Not many investor hold many lots, so I think a lot of ppl lost money on this counter!
This morning, there are already 9,500,000 Q-ing to buy @ 64.5! :D
Plus some ppl goreng till a high of 80c in early 2014 and at least one person here(dutiKWSPkita) chased high, so those people are still losing even at 65c.
Taisei Lamick now buying on the open market @ 65 & 65.5c because they're likely not confident of reaching the 90% threshold for delisting due to non action by minority shareholders(including me)
It is my intention that Taisei Lamick fall SHORT of the 90% threshold to force minority shareholders to accept their lowball offer...just like Cordlife failed to reach the 90% threshold for Stemlife!
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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....
RepcoLow2
190 posts
Posted by RepcoLow2 > 2014-06-24 10:57 | Report Abuse
Faster Buy this counter, u will get 1 ICU room free gift