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For those who are still vested in this dame...congratulations!
http://info.sgx.com/webcoranncatth.nsf/VwAttachments/Att_9757B37DA02C0A40482577B60030F4EC/$file/News_Release_Syndicated_Loan_Facilities.pdf?openelement
NEWS RELEASE
WILMAR INTERNATIONAL LIMITED Syndication of US$1,100 Million Term Loan Facility and A$600 Million Revolving Credit Facility
Singapore, 8 October 2010 - Wilmar International Limited ("Wilmar") is pleased to announce that it has signed a mandate letter for the launch of a:
(1) US$1,100 million Syndicated Term Loan Facility to finance the acquisition of Sucrogen Limited ("Sucrogen"); and
(2) A$600 million Syndicated Revolving Credit Facility to finance the general corporate and working capital requirements of Sucrogen
(together the "Facilities") with Australia and New Zealand Banking Group Limited ("ANZ") and The Hongkong and Shanghai Banking Corporation Limited ("HSBC") who are the Mandated Lead Arrangers and Bookrunners (collectively the "MLABs") in relation to the Facilities. The Facilities are fully underwritten by the MLABs. Cooperative Centrale Raiffeisen-Boerenleenbank B.A. (trading as Rabobank International, Singapore Branch) ("Rabobank") has also agreed to participate in the Facilities in a senior position.
Final documentation for the Facilities is currently in progress and is expected to be signed shortly.
WILMAR = Buy Buy Buy Buy
BOSAYOR -
shorting is sell higher and buy low right ?
risktaker ( Date: 30-Sep-2010 12:07) Posted:
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Oh no! but wilmar price moves rather quickly right? soemtimes can go down then springquickly up again....
i really hope it ok.
alexchia01 ( Date: 27-Sep-2010 16:07) Posted:
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I think it a bit too early to Buy now.
Chart shows that price can fall a bit more.
But buy now is still better than buying last week.
Just my opinion. Don't take it too seriously.
Good luck.
Time to load this baby up.
HUAT AH....