| Latest Forum Topics / Pokka Sp |
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On the rise
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yipyip
Master |
01-Jul-2008 01:20
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OFFER DOCUMENT DATED 30 JUNE 2008
(a) The Offeror will make the Offer for the Offer Shares on the following basis: For each Offer Share: S$0.66 in cash
(b) The Offeror reserves its right to revise the terms of the Offer at such time and in such manner as it may consider appropriate. If the Offer terms are revised, all Shareholders who have already accepted the Offer will receive the revised consideration.
(c) The Offer Shares will be acquired (a) fully-paid, (b) free from all charges, liens, equities, encumbrances, rights of pre-emption and any other third party rights or interests of any nature whatsoever, and (c) together with all rights, benefits and entitlements attached thereto as at the Announcement Date and thereafter attaching thereto (including all dividends, rights and other distributions (if any) which may be declared, paid or made thereon by PCSL on or after the Announcement Date). |
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zhuge_liang
Supreme |
17-Jun-2008 00:31
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Pokka Singapore rose on trade resumption as investors pounce on Japanese parent Pokka Corp's bid to buy out rest of unit for $0.66/share, valuing beverage maker at $55.4 million. Deal likely to go through as it's attractive exit option considering stock's poor liquidity (daily average volume over past 12 months only 35,053 shares), small market cap, offer's hefty 36.1% premium over last closing price and 62.6% over average price of last 12 months. Increasingly tough business outlook due to rising competition, which parent cites as one reason for buyout, implies stock has few catalysts on horizon, making offer palatable. Parent currently owns 72.8% of Pokka Singapore. | ||
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leechongpeng
Senior |
10-Nov-2007 05:44
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This stock been moving up since 3 Oct 2007. Price move from 0.31 to 0.51. Trend moving up. |
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