SembCorp Marine *Official* (SGX: S51)

Euqorab

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What a disciple move! Might well just offer to privatise in the first place!
 

zoomzoom5535

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don't return the letter means reject.
no one in the right mind will accept the offer
okok. I am in the right mind now.:D
I am not going to return the letter and reject the offer.
Really LPPL, selling right at $0.08 and now offer the same price back.
I don't mind keeping this counter for another few more years and see.
 

Euqorab

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okok. I am in the right mind now.:D
I am not going to return the letter and reject the offer.
Really LPPL, selling right at $0.08 and now offer the same price back.
I don't mind keeping this counter for another few more years and see.
Same for me too I am keeping!
Last time steal away my M1 shares too pui
 

henrylbh

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Make no sense for who subscribed at 8c for what it's worth and then give back to to TH at the same price, even for those who subscribed to average their cost.
 

skpuppy

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Actually I exited once the announcement is made. There are more attractive stocks in US. Why continue to invest in this?
 

rayleigh

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Me too. Holding onto something which I dun even have confident. Worst, call for another right issue in 2022.
 

arctician

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the upside of selling back to temasek now at 0.08 is to save on commission n misc fees..if have very little shares can consider doing so, but those with large holdings can hold out for privatization offer, not sure if it will ever materialize
 

geographic

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What will happen to our share if we refused to accept the mandatory offer of $0.08 and the company is subsequently delisted?
 

mooseolly

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What will happen to our share if we refused to accept the mandatory offer of $0.08 and the company is subsequently delisted?
If I am not wrong, even if delisted. You are still a shareholder just that you cannot actively trade it on an exchange now.
 

lzydata

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If I am not wrong, even if delisted. You are still a shareholder just that you cannot actively trade it on an exchange now.
Yes. Although Temasek has already said it does not plan to delist SembCorp Marine.
 

lzydata

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BASED on feedback received by the Securities Investors Association (Singapore) or Sias, there is confusion and misunderstanding within some segments of the retail investing public over Temasek Holdings' mandatory conditional general offer to acquire all the issued and paid-up ordinary shares in Sembcorp Marine (Sembmarine).

Some retail investors think that whenever a takeover offer is tabled, it must be at a premium to the share price at the time in order to make sense. Since Sembmarine's shares traded just above S$0.08 on Sep 22 when the offer was announced, they are wondering why Temasek has been allowed to offer only S$0.08.

Others have asked if the word "mandatory'' means that they are compelled by law to accept the offer.

 

cuntzbuster

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usarmy

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雪上加霜。
Already not enough worker, outbreak lead to more misc fees/expenditure. Is a peanut to profit company but truly a burden to SCM now.


Sent from EDMWER app!
 
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