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Chemoil Ene USD

CHEMOIL

as lOng as thErE arE at lEast 500 sharEholdErs hOlding On tO 10% Of tOtal sharEs as FREE flOat, thE SGX LiSTiNG stays On aUtOmatically.

jUst One Of thE Other 18 majOrity sharEhOldErs' rEjEct thE CASH OFFER, thE SGX LiSTiNG stays.

iF the number Of rEjEctEd sharEholdErs is bElOw 500 Or the pUblic flOat hOldings is lEss than 10% Of tOtal hOldings, GLENCORE WiLL dO a sEcOnd rOund Of cOmpulsOry acQuitiOn at thE samE PRiCE.

iN thE sEcOnd rOund, thErE is nO chOicE bUt tO accEpt thE CASH paymEnt.

*plEase CALL DBS fOr dEtails:

DBS Bank Ltd (Mergers & Acquisitions)

Mr. YIP Wei Mun Senior Vice President

Mr. Shelino Suripin Vice President

Tel: (65) 6678 8658

Fax: (65) 6678 5676

Happyseah ( Date: 23-Mar-2010 17:28) Posted:

I hope non of them accept cos IPO price $0.46. Think the only exception is Itochu. They are pre IPO investor. Also hope that they will reject.

As for the Chandran family. Don't think they have a choice. No takers except for Glencore. Seriously, not many choices for them...

It is no longer as prospective as before, so I sell all my holding!

pharoah88 ( Date: 23-Mar-2010 18:13) Posted:

thErE arE twO bUyers whO WiLL PAY mOre:

CNOOC China National Offshore Oil Company

PetroCHINA whO bOUGHT SPC frOm Keppel cOrpOration iN 2009.

Happyseah ( Date: 23-Mar-2010 17:28) Posted:

I hope non of them accept cos IPO price $0.46. Think the only exception is Itochu. They are pre IPO investor. Also hope that they will reject.

As for the Chandran family. Don't think they have a choice. No takers except for Glencore. Seriously, not many choices for them...

thErE arE twO bUyers whO WiLL PAY mOre:

CNOOC China National Offshore Oil Company

PetroCHINA whO bOUGHT SPC frOm Keppel cOrpOration iN 2009.

Happyseah ( Date: 23-Mar-2010 17:28) Posted:

I hope non of them accept cos IPO price $0.46. Think the only exception is Itochu. They are pre IPO investor. Also hope that they will reject.

As for the Chandran family. Don't think they have a choice. No takers except for Glencore. Seriously, not many choices for them...

nObOdy sElls belOw USD0.360.

the sElling WiLL stOp sOOn

I hope non of them accept cos IPO price $0.46. Think the only exception is Itochu. They are pre IPO investor. Also hope that they will reject.

As for the Chandran family. Don't think they have a choice. No takers except for Glencore. Seriously, not many choices for them...

Hello, do not panic unnecessarily. There are these major shareholders whom they have to deal with if it wants to delist at a cheapo price:

Twenty Largest Shareholders
No. Name of Shareholders Number of Shares %
1. Itochu Corporation 284,729,000 22.03
2. Chandran Robert Viswanathan 264,360,000 20.45
3. DBSN Services Pte Ltd 239,166,000 18.50
4. Itochu Petroleum Co (S) Pte Ltd 200,000,000 15.47
5. HSBC (Singapore) Nominees Pte Ltd 129,782,000 10.04
6. Raffles Nominees Pte Ltd 42,173,000 3.26
7. Morgan Stanley Asia (Singapore) Securities Pte Ltd 28,650,000 2.22
8. Citibank Nominees Singapore Pte Ltd 5,721,000 0.44
9. Merrill Lynch (Singapore) Pte Ltd 4,067,900 0.31
10. United Overseas Bank Nominees Pte Ltd 3,697,000 0.29
11. UOB Kay Hian Pte Ltd 3,509,000 0.27
12. DBS Nominees Pte Ltd 2,801,181 0.22
13. OCBC Securities Private Ltd 1,523,000 0.12
14. Liew Chee Kong 1,389,000 0.11
15. Phillip Securities Pte Ltd 1,382,000 0.11
16. DBS Vickers Securities (S) Pte Ltd 1,094,000 0.08
17. CIMB-GK Securities Pte. Ltd. 974,000 0.08
18. Kim Eng Securities Pte. Ltd. 824,000 0.06
19. Ng Wee Han 800,000 0.06
20. Chia Kok Seng 700,000 0.05
Total 1,217,342,081 94.17

Percentage Of Shareholding In Public’s Hands
Approximately 11.67% of the Company’s shares are held in the hands of public.
Accordingly, the Company has complied with Rule 723 of the
Listing Manual of the Singapore Exchange Securities Trading Limited.

youyou ( Date: 23-Mar-2010 14:41) Posted:

hey ,what will happen to our shares after 16 april?become worthless if chemoil delist?all si - fu pls advice.thanks.

whO shUt the mOuths Of the REST Of ChemOil directOrs ?

nOw cOmes the MilliOn dOllar QuestiOn.

DiD ChemOil widOw and family HiRE an advisOr?

WHAT actually HAPPENED?

Common mistake, people always looks down every thing that small, unpopular, low pay and minority, I suppose.

pharoah88 ( Date: 22-Mar-2010 10:17) Posted:

ChemOil Window and family was EXPLOITED. HOW come the family did not HIRE a Financial Advisor? Any of ShareJunction fOrum MASTER, ELITE, SUPREME could easily advise them fOr a small fee (S$1,000 ~ S$10,000). Even paying S$100,000 advisory fee is STiLL wOrth it.

it is nOt a sEll dOwn

it is a CHANCE tO bUy chEap

UNlikely fOr sOmeOne tO sEll belOw USD0.360

Happyseah ( Date: 23-Mar-2010 12:49) Posted:

Only 36 cents now.... BADDDDDDDDDDD.....

when GLENCORE transfOrms ChemOil rOe tO 30%

ChemOil bOOmz bOOmZ BOOMZ

grandmaster89 ( Date: 22-Mar-2010 15:39) Posted:

Don't dream of Glencore using Chemoil to list here la...

Glencore

Revenue: US$152 billion
Net Profit: US$4.74 billion
Net Assets: US$15.4 billion
Net Margin: 3.11%
ROE: 30.8%

Such a large and wealthy European company will list in LSE, NYSE or HKSE.

But, I think this is a good move for Chemoil supporters. Glencore knows how to manage a supply chain well and I can see them turning Chemoil around.

Only 36 cents now.... BADDDDDDDDDDD.....

Don't dream of Glencore using Chemoil to list here la...

Glencore

Revenue: US$152 billion
Net Profit: US$4.74 billion
Net Assets: US$15.4 billion
Net Margin: 3.11%
ROE: 30.8%

Such a large and wealthy European company will list in LSE, NYSE or HKSE.

But, I think this is a good move for Chemoil supporters. Glencore knows how to manage a supply chain well and I can see them turning Chemoil around.

I do not intend to sell. Loaded some shares last week. Hope the take up rate is low and Glencore announces some major plans for it shortly...

ChemOil Window and family was EXPLOITED. HOW come the family did not HIRE a Financial Advisor? Any of ShareJunction fOrum MASTER, ELITE, SUPREME could easily advise them fOr a small fee (S$1,000 ~ S$10,000). Even paying S$100,000 advisory fee is STiLL wOrth it.

This counter is in USD.

tonylim ( Date: 22-Mar-2010 10:02) Posted:

Glencore really get it at dirt cheap and distressed price at .36 cents when there is no suitable successor to manage Chemoil. So, there is great upside for this counter- just buy and lock up.

pharoah88 ( Date: 21-Mar-2010 14:38) Posted:

cOrrectiOn:

I cOuld nOt lOcate the sOft cOpy CASH OFFER FULL DOCUMENT On the INTERNET.

AnyOne interested tO understand ALL abOut the CASH OFFER Terms & Conditions,

can ask DBS Bank Ltd Mergers & Acquisitions: (65) 6878 8658

YIP Wei Mun (Senior Vice President)

Shelino Suripin (Vice President)

Tel: (65) 6878 8658

Fax (65) 6878 5676

Glencore really get it at dirt cheap and distressed price at .36 cents when there is no suitable successor to manage Chemoil. So, there is great upside for this counter- just buy and lock up.

pharoah88 ( Date: 21-Mar-2010 14:38) Posted:

cOrrectiOn:

I cOuld nOt lOcate the sOft cOpy CASH OFFER FULL DOCUMENT On the INTERNET.

AnyOne interested tO understand ALL abOut the CASH OFFER Terms & Conditions,

can ask DBS Bank Ltd Mergers & Acquisitions: (65) 6878 8658

YIP Wei Mun (Senior Vice President)

Shelino Suripin (Vice President)

Tel: (65) 6878 8658

Fax (65) 6878 5676

any prOfit taking day and PRiCE DiP is a gOOd CHANCE.

pharoah88 ( Date: 21-Mar-2010 14:28) Posted:

READ CAREFULLY

CLAUSE 11.3 Listing Status of the Company On Page 13 Of the CASH OFFER documented 18 March 2010 sent to your home.

You wOuld understand WHY the BUYERS On LAST Friday, 19th March 2010 were sO cOnfident.

GLENCORE GROUP is a PRIVATE GROUP withOut any LiSTED vEhiclE.

ChemOil Energy One gOOd Way fOr BACK-DOOR LISTING by GLENCORE.

WiTH GLENCORE DRiViNG ChemOil's Global Storage and Distribution Network, it is gOOd fUtUre fOr ChemOil tO SOAR its share PRiCE tO USD1.00.

C H E E R S !

cOrrectiOn:

I cOuld nOt lOcate the sOft cOpy CASH OFFER FULL DOCUMENT On the INTERNET.

AnyOne interested tO understand ALL abOut the CASH OFFER Terms & Conditions,

can ask DBS Bank Ltd Mergers & Acquisitions: (65) 6878 8658

YIP Wei Mun (Senior Vice President)

Shelino Suripin (Vice President)

Tel: (65) 6878 8658

Fax (65) 6878 5676

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CHEMOIL