Also sold singapore office..

All land developed and sold in singapore.its developed under 50/50 jv with teh family holding company. Maybe have cash stuck in singapore only..

Don’t think so.. only 1 % holding in geh.. upto to people to fish meat.

Since not listed, can have flexibility to do anything they want

Hope this don’t happen to sbagan.. else it’s upto Ocbc to declare how much dividends to shareholders if any..

Delisted share maybe big problem for sg Bagan, I still holding shares of Ytl land, nstp just to name a few..no dividends even annual report for delisted Share holders.

Like what I said, if Ocbc can strike a deal with lee Thor seng.. they can compulsory acquire geh shares at that price.. lee Thor is one one the key with 7.733 million geh shares under his control

We have till end of June for geh shareholders to decide..at least 28 days from now

Total he control more than 7.733 million great eastern share..meaning if he agrees to sell, Ocbc will be able to exercise compulsory take for rest of great eastern shares

The control is by lee Thor seng, he also control Nyalas rubber 4 million share in great eastern..