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28-08-2023, 05:11 PM
(28-08-2023, 03:50 PM)ghchua Wrote: Hi weijian,
I guess to end all these troubles, just set up a $1 takeover vehicle company and then make the offer for Boustead Projects again via that vehicle, since FF Wong and Boustead Singapore together already own more than 90% of Boustead Projects. After the offer closes, exercise compulsory acquisition on Boustead Projects minorities and delist the company. Offer price can be the same price as the last offer. IFA opinion is not important since its compulsory acquisition.
LOL and yep for whoever still put their trusts in Boustead, can switch over to Boustead Holding instead.
For me, I will think thrice.
There is a precedent of low-offer for BP, why not for Boustead also ya?
Can just say, "hey, the price so low and so illiquid, I give you way out by this low ball, take it or f(uss) it?" hahaha
My views are your Gilbert & Sullivan's:
"The flowers that bloom in the spring, have nothing to do with the case".
"The flowers that bloom in the spring, have nothing to do with the case".