07-10-2018, 09:05 AM
(07-10-2018, 08:36 AM)weii Wrote: It seems like the founding Lim family has sold most (if not all) their shares in Chip Eng Seng at $1.08 to Celine Tang, likely to be from the SingHaiyi group. Any views on this development for Chip Eng Seng? Thanks.
http://infopub.sgx.com/FileOpen/CES%20-%...eID=528635
https://en.wikipedia.org/wiki/Gordon_Tang
Hi there, my personal take (without doing in-depth analysis) will be that it is a good deal for the Lim family to cash out with uncertainties in the real estate & construction sector on the horizon.