Ascott   

Ascott

Looks like they have no problem getting the 90% before deadline. Should I fill up the form or should I sell at $1.74 or more ?? Any kind soul can advise?

 

88.56%

 

CapLd stake is now 87.22%

 

Now 84.24%...............

 

How come today $1.74 buyers so generous?

 

Dunno how to fill up form

 

I just wonder why people still selling at 1.73? Selling at this price now is just wasting brokager.

 

Yes, I suppose so as they wanted to buyout all the shares

 

I am also holding, 26Feb 1730hrs. After closing date its still not the end. They would have to come back to you right?

 

Now 81.6%.

 

 

shplayer,

Thanks for your updates

 

I am still holding....... Will wait a bit longer before deciding.

 

Now 80.95%.

http://info.sgx.com/webcoranncatth.nsf/VwAttachments/Att_0A96A766A7A4AC64482573EC004718AD/$file/CL.Ascott.dealingsdisclosure.levelofacceptances.11Feb2008.pdf?openelement

 

Accumulated 77.99% as of 1 Feb 2008 at closing.

 

I think more action will be spruced up after the CNY and nearer towards 26 Feb. We shall wait a bit longer and see.

 

I was thinking if they didn't have the 90% and are unable to delist, Ascott will be trading higher than 1.73 in the market when trading resume. I doubt the price will trade below 1.73 as whomever still holding them will not sell below this price. Hence, the chances of Ascott trading higher are very high. Since CapitaLand wanted Ascott to be delisted to save cost than they will have to buy the remainder shares at higher price from the market or have to re-offer. In the mean time, those still holding the shares may have the chance of getting their dividends.

Any comments please? Thanks!

 

Now 76%.

http://info.sgx.com/webcoranncatth.nsf/VwAttachments/Att_2075D30875C41EC7482573E1003F0670/$file/CL.Ascott.dealingsdisclosure.levelofacceptances.31Jan08.pdf?openelement

 

Ya, just received it this morning.

Angry not getting the dividends after so long wait. Don't sell to them!

 

Just received the 'invitation' to accept their 'great' offer today at 1.73. Threw it straight to the bin.

 

Just wondering anyone any idea how many shares were transacted in total since the announcement on 8 Jan on the general offer at $1.71-$1.74 price range upto yesterday?  Capland has acquired another approx 7% to add to their 67% (approx). Any knight in shining armour?