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starfire Member	06-Oct-2006 09:50        starfire About Contact  Quote this Post!
x 0   x 0  Alert Admin	What will happen if : (1) the shareholders dis-approval for the 6 cents payout ? (2) the delisting plan fall thru ?
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awesome Member	06-Oct-2006 09:32        awesome About Contact  Quote this Post! Style: Technical   Mood:
x 0   x 0  Alert Admin	Hi Lonewolf, Thanks for your feedback.  I will sit and wait :) Thanks again. Jeremy Chan
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chipchip66 Master	05-Oct-2006 14:20        chipchip66 About Contact  Quote this Post! Style: Flexible   Mood:
x 0   x 0  Alert Admin	Hi Lonewolf, you are right about paying brokerage if one are to sell at 6c now. If Capitaland buys at 6c, then it makes sense. Do you know how many percent holdings to make it unconditional? I know that they hold about 55% shareholdings.
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lonewolf Member	05-Oct-2006 14:15        lonewolf About Contact  Quote this Post!
x 0   x 0  Alert Admin	The people that are buying in at 6 cents is likley to be Capitaland. I know they still need shareholder approval for the 6 cents payout. What I dun know for sure is whether if they mopped up enough shares on the open market, they can make the exit unconditional. awesome, if you have Raffles Holding shares, it makes no sense for you to sell at 6 cents and incurred brokerage. Once the delisting plan is confirmed, you will get your money. So unless you are in need of the money in a hurry, just sit tight.
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lonewolf Member	05-Oct-2006 14:15        lonewolf About Contact  Quote this Post!
x 0   x 0  Alert Admin	The people that are buying in at 6 cents is likley to be Capitaland. I know they still need shareholder approval for the 6 cents payout. What I dun know for sure is whether if they mopped up enough shares on the open market, they can make the exit unconditional. awesome, if you have Raffles Holding shares, it makes no sense for you to sell at 6 cents and incurred brokerage. Once the delisting plan is confirmed, you will get your money. So unless you are in need of the money in a hurry, just sit tight.
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awesome Member	05-Oct-2006 09:52        awesome About Contact  Quote this Post! Style: Technical   Mood:
x 0   x 0  Alert Admin	I have Rafffles Holdings shares.  Now that it is down to $0.06 (which is the agreed exit price), should I sell off now?  Or will it be done automatically for me? Please advise. Thank you. Jeremy Chan
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chipchip66 Master	05-Oct-2006 09:47        chipchip66 About Contact  Quote this Post! Style: Flexible   Mood:
x 0   x 0  Alert Admin	Hi, can anyone advise me again why people still buy at 6c when $60 is the exit offer ?? Don't make sense to me!
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chipchip66 Master	02-Oct-2006 19:51        chipchip66 About Contact  Quote this Post! Style: Flexible   Mood:
x 0   x 0  Alert Admin	tks shplayer for answering my query! Cheerz!
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shplayer Elite	02-Oct-2006 16:27        shplayer About Contact  Quote this Post!
x 0   x 0  Alert Admin	chipchip66, At 75.5 cts, ppl can still make some money. Assume buy 20 lots at 0.755 - online trade cost is $15,152.74. Upon redemption of cap reduction, div, sh buyback....will receive 15,200.00. Net profit....$47.26....approx 0.3%....so, if invest for less than 1 month, still ok...if more than one mth, get more int from FD......is it worth it????....capital tied up.....opportunity cost for other counters etc.....
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chipchip66 Master	02-Oct-2006 14:51        chipchip66 About Contact  Quote this Post! Style: Flexible   Mood:
x 0   x 0  Alert Admin	I am surprised people still go in to buy at 75.5c when 76c is the total delist price. Can peopple still make money out of the half cent??
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chipchip66 Master	02-Oct-2006 10:50        chipchip66 About Contact  Quote this Post! Style: Flexible   Mood:
x 0   x 0  Alert Admin	Bcos RH has sold all its hotels so SGX says unless they acquire a new business or else they will have to close shop. CapitaLands being the biggest shareholder has agreed to delist it.
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scotty Senior	02-Oct-2006 09:15        scotty About Contact  Quote this Post!   Mood:
x 0   x 0  Alert Admin	can someone explain to me why Capitaland want to delist RH? A little lost here.... didn't follow the saga.
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chipchip66 Master	01-Oct-2006 23:12        chipchip66 About Contact  Quote this Post! Style: Flexible   Mood:
x 0   x 0  Alert Admin	Finally RH will be delisted at 76c. So, maybe tomorrow will see it go up the most to 74.5c. No more story liao!!
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billywows Elite	01-Oct-2006 20:59        billywows About Contact  Quote this Post!
x 0   x 0  Alert Admin	Sunday October 1, 8:31 PM CapitaLand to pay S$0.06 a share to delist Raffles SINGAPORE, Oct 1 (Reuters) - CapitaLand , Southeast Asia's biggest developer, said on Sunday it would pay S$0.06 per share in cash to shareholders of its subsidiary Raffles Holdings to delist the company. The offer, which would value Raffles Holdings at S$128.1 million ($80.7 million), is in addition to the S$0.70 per share that Raffles Holdings expects to pay its shareholders on October 17, the two companies said in a joint statement. Raffles Holdings, former owner of Singapore's landmark Raffles Hotel, had said it will not invest in new businesses after selling Raffles City mall in March and its core hotels and resorts business in July last year.
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Nostradamus Supreme	01-Oct-2006 20:25        Nostradamus About Contact  Quote this Post!
x 1   x 0  Alert Admin	Yes, it's paying $0.70 a share on or about 17 Oct. It is seeking to delist. Upon approval, shareholders will get a $0.06 exit offer.
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chipchip66 Master	27-Sep-2006 21:38        chipchip66 About Contact  Quote this Post! Style: Flexible   Mood:
x 0   x 0  Alert Admin	Yup, but support level is 70c of course.......
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singaporegal Supreme	27-Sep-2006 21:37        singaporegal About Contact  Quote this Post! Style: Technical   Mood: Yells: "Female TA nut"
x 0   x 0  Alert Admin	I think this one may go down some more... not the end of it.
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chipchip66 Master	27-Sep-2006 20:05        chipchip66 About Contact  Quote this Post! Style: Flexible   Mood:
x 0   x 0  Alert Admin	today hit a low of $0.725 before closing at 73c.
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chipchip66 Master	26-Sep-2006 23:34        chipchip66 About Contact  Quote this Post! Style: Flexible   Mood:
x 0   x 0  Alert Admin	Ya, the price is well supported at 73c so there must be something interesting coming up!
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Nostradamus Supreme	26-Sep-2006 23:08        Nostradamus About Contact  Quote this Post!
x 1   x 0  Alert Admin	It announced book closure date (Oct 9) and its price ran up to $0.76, before closing at $0.73. It has committed to paying "up to" $0.70 per share. Any "extra" will only be determined after all the expenses to be incurred in liquidating the company. With 2,131.64m shares outstanding, every cent translates to $21.3m None of the insiders has sold any shares, after exercising those options in the YTD, totalling 4,625,671 at $0.32. The chase to a high of $0.76 reflects 2 possibilities - the residual value is a lot more significant than thought or it could be used as a backdoor listing by way of RTO.
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