10-02-2017, 11:18 AM
(This post was last modified: 10-02-2017, 11:20 AM by ACTIVIST SPEAKS.)
The sponsor and the manager has around 12%. I am just grabbing a figure from the sky based on the fact if minority shareholder has an average of 50,000 share each. 3000 people will give us around 15%. (The 66 guys who came down to sign the letter has an average of 100,000 share each). The number of direct CDP unitholders is 12,600. I estimate there are another 18,000 in CPF,SRS and Nominees. I understand the average attendance of their AGM is less than 100.... very very very tall order ahead.