The dealing disclosure of TCC Asset, another 0.2 million shares acquired on 8 Feb, out of transacted volume of 0.5 million shares
http://info.sgx.com/webcoranncatth.nsf/V...1000EAC32/$file/DealingsDisclosureandLevelofAcceptances130213.pdf?openelement
Current holding 77.45% includes acquired and accepted shares. Acceptance is 29.40%.
(13-02-2013, 10:54 AM)CityFarmer Wrote: [ -> ]The dealing disclosure of TCC Asset, another 0.2 million shares acquired on 8 Feb, out of transacted volume of 0.5 million shares
http://info.sgx.com/webcoranncatth.nsf/V...1000EAC32/$file/DealingsDisclosureandLevelofAcceptances130213.pdf?openelement
Current holding 77.45% includes acquired and accepted shares. Acceptance is 29.40%.
5 more calendar to go. Not likely that TCC and gangs ownership able to cross 90%.
(13-02-2013, 03:24 PM)PkNanas Wrote: [ -> ] (13-02-2013, 10:54 AM)CityFarmer Wrote: [ -> ]The dealing disclosure of TCC Asset, another 0.2 million shares acquired on 8 Feb, out of transacted volume of 0.5 million shares
http://info.sgx.com/webcoranncatth.nsf/V...1000EAC32/$file/DealingsDisclosureandLevelofAcceptances130213.pdf?openelement
Current holding 77.45% includes acquired and accepted shares. Acceptance is 29.40%.
5 more calendar to go. Not likely that TCC and gangs ownership able to cross 90%.
My guesstimate is 80%-85% at the end of the offer
If total holding together with other substantial shareholder exceed 90%, than free float issue will arise.
(13-02-2013, 04:04 PM)CityFarmer Wrote: [ -> ] (13-02-2013, 03:24 PM)PkNanas Wrote: [ -> ] (13-02-2013, 10:54 AM)CityFarmer Wrote: [ -> ]The dealing disclosure of TCC Asset, another 0.2 million shares acquired on 8 Feb, out of transacted volume of 0.5 million shares
http://info.sgx.com/webcoranncatth.nsf/V...1000EAC32/$file/DealingsDisclosureandLevelofAcceptances130213.pdf?openelement
Current holding 77.45% includes acquired and accepted shares. Acceptance is 29.40%.
5 more calendar to go. Not likely that TCC and gangs ownership able to cross 90%.
My guesstimate is 80%-85% at the end of the offer
If total holding together with other substantial shareholder exceed 90%, than free float issue will arise.
if free float is less than 10%, what are options TCC has under the code?
(13-02-2013, 04:24 PM)PkNanas Wrote: [ -> ] (13-02-2013, 04:04 PM)CityFarmer Wrote: [ -> ] (13-02-2013, 03:24 PM)PkNanas Wrote: [ -> ] (13-02-2013, 10:54 AM)CityFarmer Wrote: [ -> ]The dealing disclosure of TCC Asset, another 0.2 million shares acquired on 8 Feb, out of transacted volume of 0.5 million shares
http://info.sgx.com/webcoranncatth.nsf/V...1000EAC32/$file/DealingsDisclosureandLevelofAcceptances130213.pdf?openelement
Current holding 77.45% includes acquired and accepted shares. Acceptance is 29.40%.
5 more calendar to go. Not likely that TCC and gangs ownership able to cross 90%.
My guesstimate is 80%-85% at the end of the offer
If total holding together with other substantial shareholder exceed 90%, than free float issue will arise.
if free float is less than 10%, what are options TCC has under the code?
Enable free float more than 10% and continue listing or propose an exit offer for approval to get it de-listed
I am newbie when it comes to such stuff, may I know what will happen if TCC is unable to cross the 90% mark?
The dealing disclosure of TCC Asset, another 0.3 million shares acquired on 13 Feb, out of transacted volume of 0.8 million shares
http://info.sgx.com/webcoranncatth.nsf/V...200102400/$file/DealingsDisclosureandLevelofAcceptances140213.pdf?openelement
Current holding 79.01% includes acquired and accepted shares. Acceptance is 30.93%. Soon will cross the 80% mark estimated.
One interesting observation, there is a buyer bid 1 cent higher than TCC Asset's and accumulating daily... If the buyer is Davidson Kempner LLC, there should be announcement soon for cross 5% holding.
(14-02-2013, 10:55 AM)smalkmus Wrote: [ -> ]I am newbie when it comes to such stuff, may I know what will happen if TCC is unable to cross the 90% mark?
nothing will happen, status quo. (if free float rules are met)
The dealing disclosure of TCC Asset, another 0.2 million shares acquired on 14 Feb, out of transacted volume of 0.8 million shares
http://info.sgx.com/webcoranncatth.nsf/V...3000F2F0E/$file/DealingsDisclosureandLevelofAcceptances150213.pdf?openelement
Current holding 82.59% includes acquired and accepted shares. Acceptance is 34.50%.
Share acceptance is picking up, while share acquiring from open market is reducing.