22-07-2013, 07:29 PM
It is very encouraging that Lam Soon is adding more Viz Branz shares by buying from the open-market and is willing to pay more than Ben Chng's GO at $0.78/share. Their purchases in the last few market-days have raised Lam Soon's stake to 20.336% as of today (22Jul13)....
http://infopub.sgx.com/FileOpen/LSC_VizB...eID=248621
What are the chances that Lam Soon could be talking to Ben Chng to buy his majority-control 58.1% block? If the two can strike a deal - likely at a higher price than $0.78/share - Ben Chng's GO will be off and a new GO from Lam Soon will emerge.
http://infopub.sgx.com/FileOpen/LSC_VizB...eID=248621
What are the chances that Lam Soon could be talking to Ben Chng to buy his majority-control 58.1% block? If the two can strike a deal - likely at a higher price than $0.78/share - Ben Chng's GO will be off and a new GO from Lam Soon will emerge.