Healthway Medical

confused
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11 years 4 months ago #12354 by confused

Replied by confused on topic Re:Healthway Medical

info.sgx.com/webcoranncatth.nsf/VwAttach...orm1.pdf?openelement
why did Fan Kow Hin reduce his stake from 22.88 to 21.74%, as per link above?

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visitor
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11 years 4 months ago #12355 by visitor

Replied by visitor on topic Re:Healthway Medical

Healthway's Fan Kow Hin's deemed stake in the company has gone down by 25,250,000 shares. His stake is now 21.74% instead of 22.88%. It's a married deal. SGX announcement: 5th December 2012.

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Guest
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11 years 4 months ago #12356 by Guest

Replied by Guest on topic Re:Re:Healthway Medical

Off Market Deal Off-Market Deal is performed based on a pre- agreement price and quantity by the Buyer and Seller. Some of the common reasons are listed below: (a) Seller anxious to dispose a big block of stock fast. If the Sales were to be executed through the Normal SGX matching system, this could caused the stockâs price to fall drastically and thus not allowing the Seller to dispose his big block of shares at the price he wanted. (b) Buyer wanted to buy a big block of shares at a price better than the current market price. If the Buyer were to go through the normal matching system, the stock price will be driven above the price that the Buyer wanted before all the quantity can be fulfilled. (c) Change of major ownership or shareholders. New owner may wish to buy directly from one of the major shareholders in the company. E.g. Public listed Company Aâs major shareholders owned 51% of the listed company and they received an offer from Mr K who is interested to own this company. Thus the fastest way for Mr K to buy over the company would be acquiring the shares directly from the major stakeholders.

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visitor
Visitor

11 years 4 months ago #12357 by visitor

Replied by visitor on topic Re:Re:Re:Healthway Medical

Thanks for the backgrounding. So in this case is it good news or bad news?
[hr]
[Guest 07-12-2012]:
Off Market Deal Off-Market Deal is performed based on a pre- agreement price and quantity by the Buyer and Seller. Some of the common reasons are listed below: (a) Seller anxious to dispose a big block of stock fast. If the Sales were to be executed through the Normal SGX matching system, this could caused the stockâs price to fall drastically and thus not allowing the Seller to dispose his big block of shares at the price he wanted. (b) Buyer wanted to buy a big block of shares at a price better than the current market price. If the Buyer were to go through the normal matching system, the stock price will be driven above the price that the Buyer wanted before all the quantity can be fulfilled. (c) Change of major ownership or shareholders. New owner may wish to buy directly from one of the major shareholders in the company. E.g. Public listed Company Aâs major shareholders owned 51% of the listed company and they received an offer from Mr K who is interested to own this company. Thus the fastest way for Mr K to buy over the company would be acquiring the shares directly from the major stakeholders.

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Guest
Visitor

11 years 4 months ago #12358 by Guest

Replied by Guest on topic Re:Re:Re:Re:Healthway Medical

Maybe it could be item a, I cut and paste the paragraph from a website. Probably a married deal so share price won't be impacted. He still holds 21.74% fairly substantial then why sell? Need money? Or want to on board new small shareholder since the 1.14% is about 2m. Any thoughts?

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Wondering
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11 years 4 months ago #12359 by Wondering

Replied by Wondering on topic Re:Re:Re:Re:Re:Healthway Medical

Maybe bringing in a strategic investor? But also not likely because if this is the case, Healthway surely would like to make the announcement? This company looks like in need of stronger leadership - somebody like Peter Lim.
[hr]
[Guest 07-12-2012]:
Maybe it could be item a, I cut and paste the paragraph from a website. Probably a married deal so share price won't be impacted. He still holds 21.74% fairly substantial then why sell? Need money? Or want to on board new small shareholder since the 1.14% is about 2m. Any thoughts?

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