28-09-2012, 03:05 PM
(27-09-2012, 09:15 PM)CityFarmer Wrote:(26-09-2012, 09:30 PM)CityFarmer Wrote: A bad news for those hoping for special dividend?
http://info.sgx.com/webcoranncatth.nsf/V...500431F58/$file/Announcement_ThaiBev_TCCA_vote_at_EGM_260912_FINAL.pdf?openelement
THAIBEV AND TCC ASSETS TO VOTE AGAINST F&N’S PROPOSED CAPITAL REDUCTION
Further follow-up report from TODAY
http://www.todayonline.com/Business/EDC1...ction-plan
The capital reduction proposal requires the approval of 75 per cent of shareholders to proceed. ThaiBev and TCC Assets have an aggregate stake of about 30.66 per cent in F&N. It is already done deal that the proposal will be voted out tomorrow.
The capital reduction has been voted out, confirmed by the announcement
http://info.sgx.com/webcorannc.nsf/Annou...endocument
Let's see the reaction from Mr Market when trading resume @ 3.30pm today
“夏则资皮,冬则资纱,旱则资船,水则资车” - 范蠡