Elite KSB   

Elite KSB

Wait, i thought they will pay 7.8 cents per share?? Then the shares themselves are at 3.8 cents at the moment?? Do they now pay the lower value or the stipulated 7.8? Cuz if still 7.8, and it is a guarantee, what's to lose? haha I'm not getting the logic, obviously...anyone help? Thanks!

 

still got 3.3c.....lol.....after ex, should be worth ZERO

Octavia      ( Date: 13-Nov-2013 09:10) Posted: open 2.9c...that what i said b4,those ppl push up high to lure ppl in.   Octavia      ( Date: 11-Nov-2013 11:59) Posted: I think those SSH cld have caught off guard by the exit offer.Now they creating false buying interest so that they can un-load their shares to " un-suspecting" investors.Best to stay clear.

 

open 2.9c...that what i said b4,those ppl push up high to lure ppl in.

 

Octavia      ( Date: 11-Nov-2013 11:59) Posted: I think those SSH cld have caught off guard by the exit offer.Now they creating false buying interest so that they can un-load their shares to " un-suspecting" investors.Best to stay clear.

 

Today closing : 0.103

Those who bought yesterday and today and have not covered will end up receive 7.8c from the company tomorrow. Why ha ? Bouy Bin Peh !

WanSiTong      ( Date: 12-Nov-2013 09:08) Posted: Exit payment : 7.8c Ex : 13 Nov (Wed) Trade with care!

 

Exit payment : 7.8c

Ex : 13 Nov (Wed)

Trade with care!

 

They are still investigating on the trio. LOL.. too busy to even look at other counters to investigate. 

edwinjup      ( Date: 11-Nov-2013 12:04) Posted: Misleading....where is our.dearest sgx

 

really pity those never read the news .. and blindly enter to push up the price for BB

expertinvestor      ( Date: 11-Nov-2013 12:36) Posted: Short haha

 

Short haha

 

Misleading....where is our.dearest sgx

 

I think those SSH cld have caught off guard by the exit offer.Now they creating false buying interest so that they can un-load their shares to " un-suspecting" investors.Best to stay clear.

 

Could be today ZB announce distribution of 7.8c dividend............ Misleading!!

 

confirmed delisted liao...

need to liquidated...

ppl still goreng this shares... dun understand

edwinjup      ( Date: 11-Nov-2013 11:32) Posted: Are they dreaming.?? Trade with extra care.. WanSiTong      ( Date: 11-Nov-2013 09:18) Posted: I do not understand why people willing to buy 0.092  and the Co will only pay back 0.078 to the Shareholders .

 

Are they dreaming.?? Trade with extra care..

WanSiTong      ( Date: 11-Nov-2013 09:18) Posted: I do not understand why people willing to buy 0.092  and the Co will only pay back 0.078 to the Shareholders .

 

I do not understand why people willing to buy 0.092  and the Co will only pay back 0.078 to the Shareholders .

 

Chicken got slaughtered! Close shop and distribute 7.8c to the Shareholders...... Sad.....

Ex : 13 Nov 2013

Payment date : 26 Nov 2013

 

Ex : 13 Nov

WanSiTong      ( Date: 08-Nov-2013 09:09) Posted: It's better to get your money back from the market now at price higher than 7.8c rather than to get 7.8c back from the Co on 26 Nov. Latest update: A) NOTICE OF BOOKS CLOSURE DATE NOTICE IS HEREBY GIVEN that the Share Transfer Books and Register of Members of the Company will be closed at 5.00 p.m. on 15 November 2013 (the " Books Closure Date" ) for the purpose of determining members entitlements to the proposed special tax-exempt (one-tier) dividend of SGD 0.078 per ordinary share in respect of the financial year ending 30 June 2014 (the " Proposed Special Dividend" ). The Proposed Special Dividend will be paid on 26 November 2013. Members whose Securities Accounts with The Central Depository (Pte) Limited (CDP) are credited with shares as at 5.00 p.m. on 15 November 2013 will be entitled to the Proposed Special Dividend. In respect of shares in Securities Accounts with CDP, the Proposed Special Dividend will be paid by the Company to CDP which will in turn distribute the dividend entitlements to such holders of shares in accordance with its practice. B) ADDITIONAL INFORMATION ON CASH DISTRIBUTION As announced on 5 November 2013, the Company holds approximately S$11.397 million in cash. The cash distribution of the special dividend amounted to approximately S$10.567 million. The balance undistributed cash of S$0.83 million has been set aside for settlement of the outstanding liabilities, professional and other fees, costs and expenses to be incurred in connection with the Voluntary Winding Up and delisting exercise. The Company will distribute any surplus cash on a pro rata basis in accordance with the shareholding interests of each Shareholder in the Company.

 

It's better to get your money back from the market now at price higher than 7.8c rather than to get 7.8c back from the Co on 26 Nov.

Latest update:

A) NOTICE OF BOOKS CLOSURE DATE

NOTICE IS HEREBY GIVEN that the Share Transfer Books and Register of Members of the Company will be closed at 5.00 p.m. on 15 November 2013 (the " Books Closure Date" ) for the purpose of determining members entitlements to the proposed special tax-exempt (one-tier) dividend of SGD 0.078 per ordinary share in respect of the financial year ending 30 June 2014 (the " Proposed Special Dividend" ).

The Proposed Special Dividend will be paid on 26 November 2013.

Members whose Securities Accounts with The Central Depository (Pte) Limited (CDP) are credited with shares as at 5.00 p.m. on 15 November 2013 will be entitled to the Proposed Special Dividend.

In respect of shares in Securities Accounts with CDP, the Proposed Special Dividend will be paid by the Company to CDP which will in turn distribute the dividend entitlements to such holders of shares in accordance with its practice.

B) ADDITIONAL INFORMATION ON CASH DISTRIBUTION

As announced on 5 November 2013, the Company holds approximately S$11.397 million in cash.

The cash distribution of the special dividend amounted to approximately S$10.567 million.

The balance undistributed cash of S$0.83 million has been set aside for settlement of the outstanding liabilities, professional and other fees, costs and expenses to be incurred in connection with the Voluntary Winding Up and delisting exercise.

The Company will distribute any surplus cash on a pro rata basis in accordance with the shareholding interests of each Shareholder in the Company.

 

 

Omg..big drop yday!Trade with caution :)

edwinjup      ( Date: 06-Nov-2013 13:52) Posted: Close shop with cash around 8.4cents..per share....so trade with care... luketoh      ( Date: 06-Nov-2013 13:17) Posted: Chicken got slaughtered???

 

aj2invest, pls see below posting..

aj2invest      ( Date: 06-Nov-2013 15:57) Posted: Why the sudden butchery? Good time to buy in? Bounce back from this fall in short term? Advise plz?

 

Chicken got slaughtered! Close shop with cash around 8.4 cent per share.

As at the date of this announcement, the Company holds approximately S$11.397 million in cash. The distribution of such cash amount, less the outstanding liabilities, professional and other fees, costs and expenses to be incurred in connection with the Voluntary Winding Up and delisting exercise (the ?Distributable Cash?), will be on a pro rata basis in accordance with the shareholding interests of each Shareholder in the Company.

11.397m / 135.473 m= 8.4c Yes it's correct!

Do not forget that it still need to deduct the outstanding liabilities, professional and other fees, costs and expenses to be incurred in connection with the Voluntary Winding Up . So those who still holding the  shares should let go any price above 8.4c. And not   to forget that the winding up process take months!

Trade with care!

edwinjup      ( Date: 06-Nov-2013 13:52) Posted: Close shop with cash around 8.4cents..per share....so trade with care... luketoh      ( Date: 06-Nov-2013 13:17) Posted: Chicken got slaughtered???