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MAP tech
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teeth53
Supreme |
07-Dec-2010 08:57
Yells: "don't learn through life, learn to grow with life " |
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Have to wait for listing again...bah !!, then collect losses for those who bot at a high, higher then 7.5ct yeh.......
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hesperus
Member |
06-Dec-2010 23:07
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I never kena delisting before also.. but I read in the document, one of the paragraph says this: The Delisting Proposal will give Shareholders an opportunity to realise the value of their investments in the Company at a premium over the historical trading prices of the Shares on the SGX-ST as illustrated above, without incurring brokerage and other trading costs.
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teeth53
Supreme |
06-Dec-2010 18:59
Yells: "don't learn through life, learn to grow with life " |
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MAP Tech Last:0.070c Vol:56,040k  +0.015c
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atan52
Member |
06-Dec-2010 17:20
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major shareholder already secured over 56% vote for, the EGM is a walk-over, no way to object. done deal, unless authority stop it. No reason to do so by SGX, offer is above last tarde, last 3 and 6 months and way above NAV.
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phil1314
Senior |
06-Dec-2010 13:05
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Only can happen if there is any interested party willing to pay above 71.5 cents to challenge the de-listing by casting a big NO
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Ryanros7280
Member |
06-Dec-2010 12:57
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I am new to trading and I am holding this stock. Could seniors here tell me whether I need to sell it to get my money back or I just wait for them to bank the money into my account? Thank you. | ||||
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ongph88
Member |
06-Dec-2010 10:23
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is that a possibility ? | ||||
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Belteshazzar
Veteran |
06-Dec-2010 09:06
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wat happen if go above 7.15 | ||||
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jackjames
Elite |
05-Dec-2010 20:46
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small fly like you and me have no power to say no for this delisting... just accept the 0.0715 price and move on to the next counter....anyway, you still earn some money, unless you are 07, 08 investors.... |
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amilytan
Member |
05-Dec-2010 17:00
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what can we do if SGX approved the delisting @0.0715? Do we need to sell? or just they will bank in cash to our account? | ||||
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moneycow
Master |
05-Dec-2010 00:20
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Must pass thru EGM. Holders can demand higher offer. But The bloody CEO says, Share holders will be rewarded when it make money. Maybe it declare one off dividends after the FY ending, then set a date for de-listing offer ? Otherwise its like cheating holders whom hold so so long due to the CEO's word of assuring good dividend if company makes profit. And it is. |
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mwithm
Member |
04-Dec-2010 21:03
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I believe some companies actually try to get delist when the market is picking up. But there are worst companies like example GM (General motors) that can goes bankrupt! (shareholders don't even gets a penny unless sold at few cents in the last days) Now it came back as the biggest IPO! What a joke! |
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phil1314
Senior |
04-Dec-2010 17:10
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If shareholders feel that offer is too low then can they reject the offer? What are the chances of de-listing if most shareholders reject? Will most local shareholders be at disadvantage since the principal shareholders and related parties may have an advantage given that they hold a higher stake in MAP Tech? Is there possibility of a higher offer price? Agree that SGX should discourage this type of move - list and later delist -which is to the disadvantage of local shareholders especially when principal and related parties may have a controlling stake and can decide to list and few years later to delist. This group should be restricted from voting on delisting offer.
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jackjames
Elite |
04-Dec-2010 15:53
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taken from MAP TECH Annual Report 2009, as of March 19, 2010 top 20 shareholders of MAP TECH: Not sure those big firm got it at IPO 32 cents? Raffles Nominees, CIMB-GK Securities, Phillip Securities, UOB Kay Hian, KIM ENG securities, OCBC securities, Citibank Nominees, OCBC Nominees, UOB Nominees, ..... well, they can cover the losses from somewhere else... what about the rest of the 30% of the public investor like you and me? 
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jackjames
Elite |
04-Dec-2010 15:42
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thought it might be the next OSIM... oh dear, 7.15 cents is cheap man.. who knows they might come back to re-list again just like Amtek and sucks all the new investor money again... SGX should discourage this type of move man.. look like many company wants to list at Hong kong, Taiwan.. etc.. and finally delist at SGX market again? |
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ongph88
Member |
04-Dec-2010 07:21
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do we need to pay brokerage charges ? what is estimated date to receive payment from date of delisting announcement ? pls kindly advise. |
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blurblurman
Senior |
04-Dec-2010 01:38
Yells: "no contra please" |
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MISCELLANEOUS :: PROPOSED VOLUNTARY DELISTING OF MAP TECHNOLOGY HOLDINGS LIMITED The Exit Offer will be made on the following basis: Consideration for each Offer Share: S$0.0715 in cash (the “Exit Offer Price”). |
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jm2212
Senior |
03-Dec-2010 11:11
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go find out who is the boss lah.... he is a singaporean, used to run materials operations in few HDD industries. | ||||
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moneycow
Master |
03-Dec-2010 10:39
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I understands that it never fails to pay dividends ONLY untill last year when they make looses due to the Fuji deal. The CEO whom is a Taiwan's company Boss, hinted about rewarding shareholders if the company is in the black again. which is expected and so far it has been. They also added, barring the unforeseen. But so far it has been positive. FY ends on 31/12/2010. Profit/lost announcement should be around mid January at the same time , they will announce the decision. Its just next month - Looking forward.:) So far has been so good this FY. Cheers.
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ongph88
Member |
03-Dec-2010 08:59
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no worries. ur patience will be paid off. | ||||
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