tag:blogger.com,1999:blog-7944902213075756335.post6800588673477412555..comments2024-03-29T10:22:24.187+08:00Comments on A Singaporean Stocks Investor (ASSI): CapitaMalls Asia: Farewell.AK71http://www.blogger.com/profile/16832145412062954289noreply@blogger.comBlogger25125tag:blogger.com,1999:blog-7944902213075756335.post-65728384287677172022014-07-17T20:42:13.943+08:002014-07-17T20:42:13.943+08:00CapitaLand says that CapitaMalls Asia Limited will...CapitaLand says that CapitaMalls Asia Limited will become a wholly-owned subsidiary of CapitaLand with effect from July 21, when the compulsory acquisition exercise will be completed. The stock will also be delisted from the Singapore Exchange and Hong Kong Exchange with effect from 9 am on July 22.<br /><br />http://www.theedgesingapore.com/the-daily-edge/business/AK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-64774865347900316582014-06-05T20:10:02.911+08:002014-06-05T20:10:02.911+08:00CapitaLand on Thursday said its ownership of Capit...CapitaLand on Thursday said its ownership of CapitaMalls Asia had crossed the 90% threshold, meaning it could delist the shopping malls operator from the Singapore Exchange.<br /><br /> CapitaLand, Southeast Asia’s biggest property developer, offered in mid-April to buy out minority shareholders in its then 65% owned CapitaMalls Asia at $2.22 per share, a 23% premium to the last closing price of AK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-31501392969626623412014-05-27T16:04:36.561+08:002014-05-27T16:04:36.561+08:00CapitaLand has raised its stake in CapitaMalls Asi...CapitaLand has raised its stake in CapitaMalls Asia (CMA) to 85.2 per cent, bringing it closer to crossing the 90 per cent level that would enable it to delist its shopping mall arm.<br /><br />CMA is one of Asia's largest shopping mall developers and operators, with interests in more than 100 shopping malls across Singapore, China, Malaysia, Japan and India.<br /><br />"We are pleased AK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-53873190280599958662014-05-26T15:03:26.642+08:002014-05-26T15:03:26.642+08:00Hi Mum J,
Well, the only difference I can think o...Hi Mum J,<br /><br />Well, the only difference I can think of is brokerage fees. When we sell in the open market, we have to pay brokerage fees. :)AK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-70379306623291836762014-05-26T14:55:28.829+08:002014-05-26T14:55:28.829+08:00Hi AK
Can i enquire what is the diff bet acceptin...Hi AK<br /><br />Can i enquire what is the diff bet accepting their offer at $2.35 and selling the shares at $2.35?<br /><br />i sold some of my shares at $2.35 and $2.36 respectively before the revised offer came up.<br /><br />Thank you.<br /><br />Mum JMummy of Jhttps://www.blogger.com/profile/12589110885882485367noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-85279678777021384732014-05-18T17:35:45.327+08:002014-05-18T17:35:45.327+08:00$2.35 per CMA share. The renewed offer price is at...$2.35 per CMA share. The renewed offer price is at a 26.8% premium to CMA’s book.<br /><br />CMA shareholders whose valid acceptances have been received on or before May 16 will be paid within 10 days. The offer will close at 5.30 pm on June 9.AK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-44574138773283635642014-05-16T10:27:20.552+08:002014-05-16T10:27:20.552+08:00Hi PIB,
This is very good news. Thanks for the he...Hi PIB,<br /><br />This is very good news. Thanks for the heads up. :)<br /><br />"The Joint Financial Advisers wish to announce, for and on behalf of the Offeror, that the Offeror is revising the Offer Price as follows:<br /><br />"For each Offer Share: S$2.35 in cash (“Final Offer Price”)<br /><br />"Shareholders who have earlier accepted the Offer and have not withdrawn their AK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-65875595209129652472014-05-16T10:13:21.178+08:002014-05-16T10:13:21.178+08:00and there is a revised offer price to $2.35! Wow! ...and there is a revised offer price to $2.35! Wow! http://www.straitstimes.com/news/business/companies/story/capitaland-raises-offer-price-capitamalls-asia-20140516mrtamjiakhttps://www.blogger.com/profile/13580232638799948886noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-35490079013054216922014-05-10T15:58:09.156+08:002014-05-10T15:58:09.156+08:00Hi Chia,
Bond holders will not be affected. They ...Hi Chia,<br /><br />Bond holders will not be affected. They still get to keep the bonds. :)AK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-21289899799457655332014-05-10T12:55:03.117+08:002014-05-10T12:55:03.117+08:00What will happen to my dad's bond with capital...What will happen to my dad's bond with capitalmall after capitaland bought and delist capitalmall?Anonymoushttps://www.blogger.com/profile/02392694071901680082noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-45266700559938982092014-05-06T08:02:15.849+08:002014-05-06T08:02:15.849+08:00Hi Garfield,
Thank you very much for the encourag...Hi Garfield,<br /><br />Thank you very much for the encouragement. I will put in more effort in producing more high quality blogs about my meals! LOL. ;p<br /><br />On a serious note, I admire people who are able to spend so much time and effort in analysing stocks and sharing their analyses in detail with others in a blog. I can never do as good a job as some of them. :)AK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-52187869793270864972014-05-06T00:16:50.207+08:002014-05-06T00:16:50.207+08:00Hmm ... Check out his blog....equally intellectual...Hmm ... Check out his blog....equally intellectual....but yours is more bite-size for simple investor like me..and entertaining esp. your meals choice. ;)Garfield75https://www.blogger.com/profile/13315484146211818340noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-32054076009585455062014-05-05T11:54:08.253+08:002014-05-05T11:54:08.253+08:00Hi Garfield,
Yes, Mike does good and detailed ana...Hi Garfield,<br /><br />Yes, Mike does good and detailed analyses. Very lucky to have him guest blogging here once in a while. :)<br /><br />You might also want to visit his blog: http://sillyinvestor.wordpress.com/AK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-21575099997248891722014-05-05T08:50:01.475+08:002014-05-05T08:50:01.475+08:00Thanks! AK . That was a good write-up. Thanks! AK . That was a good write-up. Garfield75https://www.blogger.com/profile/13315484146211818340noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-69918025778607859292014-05-05T08:03:00.023+08:002014-05-05T08:03:00.023+08:00Hi Garfield,
Crossing fingers, then. ;p
I have n...Hi Garfield,<br /><br />Crossing fingers, then. ;p<br /><br />I have not done any research on YZJ and Courts. I have read what others have said though. YZJ seems to be doing well in a difficult industry while Courts has some serious issues with competition and regulations regarding credit in Malaysia.<br /><br />A fellow blogger, Mike, has done a lot of work on YZJ. You might want to read this: <AK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-74990400461801203462014-05-04T23:06:42.661+08:002014-05-04T23:06:42.661+08:00Ak,
I bought HLS after seeing your blog again, so...Ak,<br /><br />I bought HLS after seeing your blog again, so it is a circular reference if you are seeking some comfort;) . What do you think about yangzijiang and courts.... I would say both are tried to o boast their income via some micro-loans and credit sales. The former seems to be getting a good order book. Garfield75https://www.blogger.com/profile/13315484146211818340noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-18267257996202642812014-05-04T22:47:08.703+08:002014-05-04T22:47:08.703+08:00Hi Garfield,
You are a Hock Lian Seng shareholder...Hi Garfield,<br /><br />You are a Hock Lian Seng shareholder too? I am in good company then. Safe! ;pAK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-67237047278535352802014-05-04T22:06:25.995+08:002014-05-04T22:06:25.995+08:00I bought hock lian Seng too , but just a bit;) . T...I bought hock lian Seng too , but just a bit;) . Thanks hah.Garfield75https://www.blogger.com/profile/13315484146211818340noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-35061702972160558182014-05-04T16:39:39.531+08:002014-05-04T16:39:39.531+08:00Hi Garfield,
Hey, you made the decision to buy. I...Hi Garfield,<br /><br />Hey, you made the decision to buy. I was just talking to myself as usual, you know. ;)<br /><br />Anyway, I didn't buy more in the recent bout of weakness. I was waiting to buy more cheaper. -.-"<br /><br />This is more proof that your purchase is due to your own savvy. :)<br /><br />If you are referring to the independent financial advisor's opinion, nope, I AK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-39216843339434049522014-05-04T15:57:53.959+08:002014-05-04T15:57:53.959+08:00Ak , have u receive the independent directors'...Ak , have u receive the independent directors' report? Any stock that u intend to invest your proceeds ? I bought some after reading your earlier blog and manage to average down and make some money. Thank u;)Garfield75https://www.blogger.com/profile/13315484146211818340noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-27466554122440800732014-05-03T19:51:10.691+08:002014-05-03T19:51:10.691+08:00Thank you for your clear explanation AK :)Thank you for your clear explanation AK :)TG 79https://www.blogger.com/profile/05707546395074481893noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-89633210901662015732014-05-03T18:44:46.315+08:002014-05-03T18:44:46.315+08:00Hi TG,
The offer is a conditional one and the con...Hi TG,<br /><br />The offer is a conditional one and the condition is that they have to be in control of at least 90% of the shares. So, if that does not happen, they will not buy the shares from those who have accepted the offer. However, they could amend the condition.<br /><br />If they do amend the condition in the event that they do not control 90% of the shares, then, I suppose you get to AK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-84947351288351850572014-05-03T18:31:46.886+08:002014-05-03T18:31:46.886+08:00Hi AK
Thanks for your prompt reply. If acceptanc...Hi AK <br /><br />Thanks for your prompt reply. If acceptance is less than 90%, does it mean that I still get to keep my CMA shares and can sell it when I decide to? For those who choose to accept the cash offer, they will still be paid by Capitaland even if acceptance is less than 90%? Thank you.<br /><br />Regards,<br />TGTG 79https://www.blogger.com/profile/05707546395074481893noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-51400199342344609832014-05-03T17:59:02.961+08:002014-05-03T17:59:02.961+08:00Hi TG,
CapitaLand could compulsorily acquire all ...Hi TG,<br /><br />CapitaLand could compulsorily acquire all the shares if they receive acceptances of not less than 90% of the remaining shares. AK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-21165847763714197722014-05-03T17:42:23.615+08:002014-05-03T17:42:23.615+08:00Hi AK 71
I bought Capitamalls Asia shares at arou...Hi AK 71<br /><br />I bought Capitamalls Asia shares at around $2.10. If I choose not to accept the offer, may I know what will happen? Pardon my ignorance :) I'm new to investing and this is the first time I encounter voluntary conditional cash offer. <br /><br />Regards,<br />TG 79TG 79https://www.blogger.com/profile/05707546395074481893noreply@blogger.com