Does this means we need to sell all our SMM shares soon?Temasek's mandatory general offer for Sembmarine closes with 8% acceptances
https://www.businesstimes.com.sg/co...ffer-for-sembmarine-closes-with-8-acceptances
TEMASEK'S mandatory general offer for Sembcorp Marine (Sembmarine) closed with 8 per cent acceptances on Wednesday (Nov 3).
This - taken together with the shares owned, controlled, or agreed to be acquired by Temasek and its concert parties - amounts to an aggregate of about 17.1 billion shares, representing about 54.6 per cent of the total number of issued shares, according to a bourse filing late on Wednesday (Nov 3).
The mandatory general offer turned unconditional on Nov 1, after the total shares owned, controlled or agreed to be acquired by Temasek crossed the 50 per cent threshold.
Sembmarine remains listed on the Singapore Exchange following the close of the mandatory general offer. Its shares ended Wednesday flat at S$0.079.
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Does this means we need to sell all our SMM shares soon?
Only those who already agreed to sell will have to. Didn’t see anything that says they must take over all shares.
wow, hold for how many years?Thanks for the info, heng ahhh....I gg lose 30+ k if they force me to sell, haha
since 2012....average down so many times until I give up! Started buy at 4+, hahawow, hold for how many years?
This are the scenario people often say temasick related coy must becarefulsince 2012....average down so many times until I give up! Started buy at 4+, haha
Sorry to say. I think the $30k will be gone if things continue to get worstsince 2012....average down so many times until I give up! Started buy at 4+, haha
OK.. Then finger cross for you bro. Good luck.Sorry to say. I think the $30k will be gone if things continue to get worst
there's nothing you can do to change their mindset bro. i attempted at reasoning also.seriously guys, why pick up this kind of company at local exchange when one just pick up those high relative strength stocks with great fundamental that comes with higher growth of earning which allow to sleep well @ night?
change whose mindset?there's nothing you can do to change their mindset bro. i attempted at reasoning also.
I've nothing to add here. consider me stupidchange whose mindset?
dont get mad bro.. sharing is caring.. apologize if i have anything offendedI've nothing to add here. consider me stupid
haiz now only 8c....almost 89% of capital gone liao....Sorry to say. I think the $30k will be gone if things continue to get worst
thanks bro, I take it as the money really not meant to be mine...hahaOK.. Then finger cross for you bro. Good luck.