A thought I just had - what do you think are the chances that all of us forummers who own Adampak shares could add up to 1 to 1.5% or even 2%, of the total issued shares? Just a thought.
(12-04-2012, 11:18 AM)wsreader Wrote: [ -> ]wow, that is initiative.
Contact numbers are not listed in the AR, u r really good to do what u have done.
you can actually request for it from the company's share registra
(12-04-2012, 11:20 AM)CityFarmer Wrote: [ -> ]Till today, i had not seen any disclosure announcement of Navis for new share collected from open market.
Any hint worth to note here....?
I may stand to be corrected.. but I think very often the acquirer will only proceed to purchase from the open market only till the close of the offer - i.e. first notice of the acceptance level
This is so because if the acquirer purchases at any lower/higher price, they will be required to offer the same across all other shareholders.
So, perhaps, the so-called transactions are mainly arbitrage opportunities or people who feel that a higher offer can be initiated.
Are we supposed to receive a offer letter from NAVIS? followed by accepting/signing it without having to incur a transaction fee?
dzwm87 Wrote:This is so because if the acquirer purchases at any lower/higher price, they will be required to offer the same across all other shareholders.
They can buy below the offer price without any problems since they are offering a higher price in the GO. Only if they buy at a higher price do they need to revise their offer.
(12-04-2012, 12:35 PM)nitro Wrote: [ -> ]Are we supposed to receive a offer letter from NAVIS? followed by accepting/signing it without having to incur a transaction fee?
The date is stated in the announcement official doc. It should dispatch it around next week
http://info.sgx.com/webcorannc.nsf/Annou...endocument
The Offer Document setting out the terms and conditions of the Offer and enclosing the appropriate
form(s) of acceptance of the Offer will be despatched to Shareholders not earlier than 14 days and not
later than 21 days from the Offer Announcement Date
(12-04-2012, 12:56 PM)d.o.g. Wrote: [ -> ]They can buy below the offer price without any problems since they are offering a higher price in the GO. Only if they buy at a higher price do they need to revise their offer.
Thanks for the info! thought it should apply symmetrically but it seem to be otherwise.
(16-04-2012, 04:52 PM)honeyclover Wrote: [ -> ] (16-04-2012, 03:50 PM)CityFarmer Wrote: [ -> ]The official offer doc is released.
http://info.sgx.com/webcorannc.nsf/Annou...endocument
So if dont accept, just ignore it right? Dont need to reply anything?
You can reserve your right to accept till the 1st closing date ( i believe is 15 May, please check with the offer doc), if you chose so.
(16-04-2012, 05:29 PM)CityFarmer Wrote: [ -> ] (16-04-2012, 04:52 PM)honeyclover Wrote: [ -> ] (16-04-2012, 03:50 PM)CityFarmer Wrote: [ -> ]The official offer doc is released.
http://info.sgx.com/webcorannc.nsf/Annou...endocument
So if dont accept, just ignore it right? Dont need to reply anything?
You can reserve your right to accept till the 1st closing date ( i believe is 15 May, please check with the offer doc), if you chose so.
Err...do you mean that there would be a second closing date? How many closing dates are there?