Sound Global

[tonyking]

5 July 13's Sound Global SGX Announcement

Any views on Sound Global's 5 July 13's announcement? looks like Wen Yibo is making preparations to delist the company, does the announcement means, pardon me if I interpreted wrongly, basically it converted its bonds and warrants into shares, about 22.3% (bonds) and 0.7% (warrants), thus with reference to page 3 of 28 June's notice (attached), Wen Yibo and his concerted party's 56.20%, they now have control of est. 79.2% of entire Sound Global's shareholding.

Well, I read the announcement.

The announcement is about Sound Water, the controlling shareholder of Sound Global.

It is an update on the issue of senior notes and warrants, rather than converting and exercising them.

(vested)

"Share charge" not like "intent" to convert, but not yet or rather merely booking e %of shares that maybe converted?
Neck very long le leh, still no update from Wen Yibo...