Cerebos Pacific

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#51
Thanks guys, for all your advices. Probably i will listen and accept the offer. Guess in future whenever i drink a Brand's essence of chicken there will be always have this bitterness after taste left inside my mouth Tongue

(26-10-2012, 10:59 AM)CityFarmer Wrote: As highlighted in exit offer letter
- Even if such Shareholders were able to sell their Shares in the absence of a public market, they are likely to receive a lower price as compared with the market prices of the shares of comparable listed companies.

Actually this statement irritated me, it sound more like a threatening statement than anything. So that people give away shares to them on the cheap.

(26-10-2012, 11:57 AM)FFNow Wrote: And when you want to sell, you have to go through a lawyer and pay lawyer fees, etc. Quite a hassle.

Someone told me transfer of shares can go through the company secretary. But then i am not sure.

This incident also reminded me quite a lot of good companies turning into private, or never bother to list. If the company is so good, not many people want to benefit the public, giving part of it away.
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#52
(26-10-2012, 01:27 PM)hongonn Wrote:
(26-10-2012, 10:59 AM)CityFarmer Wrote: As highlighted in exit offer letter
- Even if such Shareholders were able to sell their Shares in the absence of a public market, they are likely to receive a lower price as compared with the market prices of the shares of comparable listed companies.

Actually this statement irritated me, it sound more like a threatening statement than anything. So that people give away shares to them on the cheap.

Threatening? It is more of stating a fact than a threat Tongue

The same as telling you to buy safety car seat for baby, otherwise your baby may suffer if accident happens. Tongue

(26-10-2012, 01:27 PM)hongonn Wrote:
(26-10-2012, 11:57 AM)FFNow Wrote: And when you want to sell, you have to go through a lawyer and pay lawyer fees, etc. Quite a hassle.

Someone told me transfer of shares can go through the company secretary. But then i am not sure.
...

Selling your shares is a business transaction, which required a proper contract for protection, thus lawyer is required. The last thing you want is the shares and monies had transferred, but not your liabilities Tongue
“夏则资皮,冬则资纱,旱则资船,水则资车” - 范蠡
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#53
Cerebos Pacific will be suspended starting tomorrow

http://info.sgx.com/webcorannc.nsf/Annou...endocument

Cerebos Pacific managed to cross the 90%, thus the free float less than 10%.

http://info.sgx.com/webcorannc.nsf/Annou...endocument
“夏则资皮,冬则资纱,旱则资船,水则资车” - 范蠡
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#54
As expected, Suntory's acquisition of Cerebos has become compulsory, as it already had 98.99% of the shares.

http://info.sgx.com/webcoranncatth.nsf/V...F00418685/$file/Compulsory_Acquisition_and_Level_of_Acceptance_Announcement_121107.PDF?openelement
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