China Animal

Anyone knows how a delisting of China Animal Healthcare will work? Is the same as a privatisation exercise where Big Brother will offer to buy over the shares at a premium to market price? It doesn't sound the same but how else will the minority shareholders be persuaded to sell? Or unless they have to open account in HK and trade shares there?

This is another quality S-chip. AT 27 ccents now, it's a steal!

3Q results is out. any comment?

Hi Viviene,
Just my 2 cents worth and guesstimate here:

If there is a delisting, CAL may give a delisting offer price and an option to convert Singapore shares to HK shares in the event that shareholders do not want to accept the delisting offer price and would still want to keep CAL shares.
Do visit my blog www.ernestlim15.blogspot.com/
Have a gd trading week ahead.
[hr]
[viviene 26-10-2011]:

Anyone knows how a delisting of China Animal Healthcare will work? Is the same as a privatisation exercise where Big Brother will offer to buy over the shares at a premium to market price? It doesn't sound the same but how else will the minority shareholders be persuaded to sell? Or unless they have to open account in HK and trade shares there?

Broke resistance of 0.28 with good vol.

Window Chan, you know why, right? The market suddenly focused again on the delisting that is likely , very likely, to happen. Some more, DBS V highlighted it today, as you can see in this report: [url=http://www.nextinsight.net
/story-archive-mainmenu-60/912-2011/4520-china-animal-delisting-offer-to-be-attractive-]CAH delisting offer to be 'attractive', [/url]