haha......today start working company just release the announcements today .......be a smart investor must read the detail not just the tittle....this is why a lot fake news at outside..
i mean they still not give up to buy over other shares with 0.125 and 0.01, they will play the same style... they will goreng but also will make it down, they already control the share volumn.. they can easily push also easily to press down..
Ya, tis co owner & management is really lousy. Everything they do lose money, all investments in other listed companies oso fail. Dodgy stock avoid & get out when you can
mandatory take over offer doesn't not mean u must sell the shares mandatory. Mandatory take over offer just simply mean the take over party got more than 33% shares of the company. Minority shareholders can reject the offer.
below 33% called Voluntary take over offer more than 33% called Mandatory take over offer Unless the party hold over 90% then it will force to sell to the take over party.
they claims now they have 48.999%, they force those remaining to sell...alamak...
As the collectively holding of voting shares in HWGB by the Offeror, Ultimate Offerors and their Persons Acting In Concert has exceeded 33% of the total voting shares in HWGB after the Acquisition, the present conditional voluntary take-over offer has become a conditional mandatory take-over offer in accordance with Note 14 of Paragraph 4.01 of the Rules.
The board of directors of the Offeror (“Offeror Board”) and Ultimate Offerors have seen and approved the issuance of this 2nd Notice of Revised Offer. The Offeror and Ultimate Offerors accept full responsibility for the accuracy of the information in this 2nd Notice of Revised Offer and confirm that, after making all reasonable enquiries and to the best of his knowledge and belief, there are no false or misleading statements or other material facts not contained in this 2nd Notice of Revised Offer, the omission of which would make any statement in this 2nd Notice of Revised Offer false or misleading and opinions expressed in this 2nd Notice of Revised Offer have been arrived at after due and careful consideration.
I checked the application, player is selling their share now, i am not sure whether selling to other party or will have second wave or not. Just for your information
mandatory take over offer doesn't not mean u must sell the shares mandatory. Mandatory take over offer just simply mean the take over party got more than 33% shares of the company. Minority shareholders can reject the offer.
below 33% called Voluntary take over offer more than 33% called Mandatory take over offer Unless the party hold over 90% then it will force to sell to the take over party.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
yukchian
534 posts
Posted by yukchian > 2020-05-04 19:08 | Report Abuse
Tomorrow drop again, this two months they goreng the nshow this notice then drop again..