TTJ Holdings

[BlueKelah]

1) Errr, why is this a surprising move?  Any kind souls to enlighten?
Because all 4 directors has been long serving under Boss Teo for over 10 yrs..etc...

2) ED Chiong SB, recommends to reject the offer, BUT yet, accepted Boss Teo's offer... this simply means that,
She don't want to offend her boss too much, .... hahaha! have to hide behind the professional IFA report...

Irrational act...

Hi brattzz

Thanks.  It does seem that IFA report has worked wonders.  Current bid price is way above the offer price (hit a recent high of $0.28)

Boss Teo has to revise his offer else the Conditional VGO will fail.

Am interested to know success ratio of all past Conditional VGO attempts in the SGX.  Anybody know where to dig?

success ratio = case by case specific, not a general % to be taken...
If i am Boss Teo, this VGO has created too much heat/attention, maybe stop it and try again next year 2023, though the amount of money needed to force GO all shareholders are still peanuts to him lah,

It's all somewhat his storyboard plan, start low, revise 1x or 2x... until the market gives up...  

28 cts is still cheap for him!!

market condition is bad, I can bet you boss will wait out crash in markets  to come and get lower price. Already said before this Boss is one of those who is not friendly to OPMI. No point to vest this company wont be rewarded well.