HYFLUX

More
01 Feb 2018 19:01 - 19 Oct 2018 18:05 #24255 by BULLSEYE88
Replied by BULLSEYE88 on topic HYFLUX
Following the Date of Completion and prior to the Proposed Listing, Entitled Shareholders will hold shares in HyfluxShop, a public Singapore company whose shares are not quoted on the Official List of the SGX-ST,
any securities exchange or any other regulated markets.


After the Date of Completion, any HyfluxShop Shareholder who decides not to
continue to hold the unlisted HyfluxShop Shares, may choose to sell all or such
numbers of HyfluxShop Shares as the HyfluxShop Shareholder may, in his absolute discretion decide, to ANY willing purchaser(s) at any time, subject to all applicable laws.


For the avoidance of doubt, the Company and the Controlling Shareholder WILL NOT SELL any of their HyfluxShop Shares prior to the Proposed Listing.


In order to provide an avenue for HyfluxShop Shareholders to sell their unlisted HyfluxShop Shares without having to search for willing purchasers, the Controlling Shareholder, being Ms Olivia Lum Ooi Lin, will be willing to purchase the unlisted HyfluxShop Shares from HyfluxShop Shareholders during the Purchase Period but subject always to the applicable requirements of the Code
Last edit: 19 Oct 2018 18:05 by admin2.

Please Log in or Create an account to join the conversation.

More
01 Feb 2018 19:05 #24256 by BULLSEYE88
Replied by BULLSEYE88 on topic HYFLUX
The price for each HyfluxShop Share for the purpose of the Controlling
Shareholder Purchase shall be based on the unaudited pro forma combined NTA of the HyfluxShop Group (excluding any HyfluxShop Preference Shares) attributable to Shareholders as at 30 September 2017 of approximately S$20.0 million, which translates to approximately S$0.1783 per HyfluxShop Share.



Accordingly, the consideration payable for the transfer of a HyfluxShop Share
pursuant to the Controlling Shareholder Purchase is S$0.1783 for each HyfluxShop Share, payable in cash and the aggregate consideration payable to the relevant HyfluxShop Shareholder will be rounded to the nearest cent

Please Log in or Create an account to join the conversation.

More
19 Oct 2018 17:22 #24540 by Big Fish
Replied by Big Fish on topic HYFLUX
Surprise! Indonesia conglo now controls Hyflux instead of a white knight in the form of a S'pore GLC. So, Indonesia now has more interests aligned to Singapore, and hopefully be more brother-brother with SG.

Please Log in or Create an account to join the conversation.

Share Prices

Counter NameLastChange
AEM Holdings1.190-0.010
Alliance Mineral0.182-0.002
Anchor Resources0.0220.001
AusGroup0.028-
Avi-Tech Electronics0.290-
Best World Int.2.6000.290
China Sunsine1.1600.010
CSE Global0.5450.010
Food Empire0.535-0.025
Geo Energy0.1850.001
Golden Energy0.235-0.005
GSS Energy0.105-0.002
HMI0.5500.010
ISDN Holdings0.2550.005
KSH Holdings0.505-
Miyoshi0.045-
Moya Asia0.080-0.002
Nordic Group0.330-
Oxley Holdings0.320-0.010
REX International0.081-0.001
Riverstone1.1200.020
Roxy-Pacific0.400-
Sing Holdings0.3900.010
SingMedical0.4550.005
Sino Grandness0.043-0.001
Straco Corp.0.780-
Sunningdale Tech1.3600.010
Sunpower Group0.565-0.005
The Trendlines0.0910.002
Tiong Seng0.215-0.015
Uni-Asia Group1.270-0.020
XMH Holdings0.200-
Yangzijiang Shipbldg1.5200.020

NextInsight RSS

rss_2 NextInsight - Latest News

Online Now

We have 1442 guests and no members online