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[weijian]

Mr Koh's takeover attempt has reached the 90% mark (71% before the G.O was announced on 23rd Feb) that allows GPH to be suspended on the exchange. For compulsory accqusition, he needs 71 + 0.9*(100-71) = 97.1%, which is considerable some basis points away, but not exactly far away with the suspension creating more pressure for minorities to sell.

http://infopub.sgx.com/FileOpen/GPHL_Los...eID=446919