Blackrock has disposed entire 2.4% stake in Keppel Land on March 26, not clear whether that's part of the 93.2%:
http://btd.sg/1OCiCiJ
(26-03-2015, 11:07 PM)pianist Wrote: [ -> ]what is the rationale of KC to structure it this way?
a big MNC plays like this..i wonder how it impress upon other smaller listed companies thinking of delisting
Put in the right incentives, invisible hands will do the sai kang for you.
yep, and looks like 93.2 included Blackrock's.
http://btd.sg/1D5X5fv
Keppel Corp's shareholding in Keppel Land has inched up to 93.4 per cent as at 5pm on Friday. This was 2.1 percentage points shy of the 95.5 per cent compulsory acquisition threshold for the higher offer price of S$4.60 per share to kick in.
(27-03-2015, 07:00 PM)opmi Wrote: [ -> ] (27-03-2015, 06:54 PM)greentea Wrote: [ -> ]Blackrock has disposed entire 2.4% stake in Keppel Land on March 26, not clear whether that's part of the 93.2%: http://btd.sg/1OCiCiJ
see.
(26-03-2015, 07:23 PM)opmi Wrote: [ -> ]^^ will see Blackrock tender next few days.
Don't count on these funds.
1.6 %-pts away from threshold, deadline tomorrow 5.30pm:
http://btd.sg/1CCAHYX
Keppel Corp's shareholding in Keppel Land inched up to 93.9 per cent by 5pm on Monday. This is still 1.6 percentage points short of the 95.5 per cent compulsory acquisition threshold for the higher offer price of S$4.60 per share to kick in.
overall volume today only abt 2.1 million traded..
in all likelihood, the 95.5% CAT will
not be reached, at least at the end of this evening.
wonder wat KC would do now..
just shy of the finishing line?
(30-03-2015, 08:46 PM)greentea Wrote: [ -> ]1.6 %-pts away from threshold, deadline tomorrow 5.30pm: http://btd.sg/1CCAHYX
Keppel Corp's shareholding in Keppel Land inched up to 93.9 per cent by 5pm on Monday. This is still 1.6 percentage points short of the 95.5 per cent compulsory acquisition threshold for the higher offer price of S$4.60 per share to kick in.
^^ cannot CA then suffer fate of GE minorities. Worse
not listed.
that sounds bad so it is 4.38 afterall
Supremely disappointing. At 95.1%, it shows that not everyone is a rational investor
The ultimate winner is BN4, I m gonna save bullets for them, they are the winners getting K17 on the cheap! LOL