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Trading halt, together w UIC. Something brewing?!

general offer?

wee not getting younger. clean up the corp structure before he goes...

maybe SingLand's freefloat drops below 10% ??
1.8% of SingLand = 7,424,596 shares

As at 18 March 2013, SingLand's freefloat left approximately 11.80% only.

(20-02-2014, 09:55 AM)opmi Wrote: [ -> ]general offer?

wee not getting younger. clean up the corp structure before he goes...

That's the general speculation. Exciting times!

UIC ENTERPRISE PTE LTD GO SpLand @$9.40.

http://infopub.sgx.com/FileOpen/Offer_An...eID=275739

<not a call to buy or sell>

I think its going to be a long short given the steep discount to RNAV of $13.00. Those who are holding are likely to keep holding.

Unless of course, they can delist it when free float falls below 10%

(24-02-2014, 10:21 AM)kbl Wrote: [ -> ]UIC ENTERPRISE PTE LTD GO SpLand @$9.40.

http://infopub.sgx.com/FileOpen/Offer_An...eID=275739

<not a call to buy or sell>

(24-02-2014, 10:28 AM)greengiraffe Wrote: [ -> ]I think its going to be a long short given the steep discount to RNAV of $13.00. Those who are holding are likely to keep holding.

Unless of course, they can delist it when free float falls below 10%

(24-02-2014, 10:21 AM)kbl Wrote: [ -> ]UIC ENTERPRISE PTE LTD GO SpLand @$9.40.

http://infopub.sgx.com/FileOpen/Offer_An...eID=275739

<not a call to buy or sell>

the key to this takeover succeeding will most likely depend on the decision of Silchester INvestors...they own about 8% of SPland..the single largest block after UIC's stake

(24-02-2014, 10:28 AM)greengiraffe Wrote: [ -> ]I think its going to be a long short given the steep discount to RNAV of $13.00. Those who are holding are likely to keep holding.

Unless of course, they can delist it when free float falls below 10%

(24-02-2014, 10:21 AM)kbl Wrote: [ -> ]UIC ENTERPRISE PTE LTD GO SpLand @$9.40.

http://infopub.sgx.com/FileOpen/Offer_An...eID=275739

<not a call to buy or sell>

a general observation is that 5% minority shareholders will be bo chap or not happy with ANY offer. So unlikely UIC can privatised SPLand at this price. Coz 8% owned by silchester.

(24-02-2014, 10:21 AM)kbl Wrote: [ -> ]UIC ENTERPRISE PTE LTD GO SpLand @$9.40.

http://infopub.sgx.com/FileOpen/Offer_An...eID=275739

<not a call to buy or sell>

Botak very smelly. GO @9.40 - 20cts dividend.

(24-02-2014, 01:02 PM)kbl Wrote: [ -> ][quote='kbl' pid='75228' dateline='1393208515']
UIC ENTERPRISE PTE LTD GO SpLand @$9.40.

http://infopub.sgx.com/FileOpen/Offer_An...eID=275739

<not a call to buy or sell>

Botak very smelly. GO @9.40 - 20cts dividend.
[/quote

Low ball offer to buyout SP land IMO. Anyone can suggest if GO is base on NAV or RNAV or last traded? any clarification ? please advice.