27-01-2016, 11:17 AM
(This post was last modified: 27-01-2016, 11:25 AM by CY09.
Edit Reason: edits
)
He is going to own 3% of APTT only. Thats like only 25 Mil in value.
So my answer to the golden question is he is unlikely to delist APTT after acquisition. Even if he is to delist, it is only likely after APTT has fallen by a significant value from what he has purchased. He is probably more interested in the APTT management who is extracting a nice mgmt/performance fee for managing an average business trust owned by sinkies.
*The fund manager gets about $7 Mil in fees annually
So my answer to the golden question is he is unlikely to delist APTT after acquisition. Even if he is to delist, it is only likely after APTT has fallen by a significant value from what he has purchased. He is probably more interested in the APTT management who is extracting a nice mgmt/performance fee for managing an average business trust owned by sinkies.
*The fund manager gets about $7 Mil in fees annually