Synear   

Synear

Fill in the date.

 

No need to fill in date?

 

Yes alex77. You can leave Part II blank, but please tick the box you choose in Part II and sign the form before you submit it to SLT. If Part II is left blank you are appointing the Chairman as your proxy to vote in accordance with your choice in Part III.

Read carefully and call CDP if you are not sure.

 

Dabian. Need to write date as well. If not maybe will void the vote since it considered not duly completed.

Dabian      ( Date: 20-Aug-2013 14:08) Posted: Sign on the last row bottom left of th form as individual. I just submitted to SLT located at the highest floor 32 of the building. Just 2 thing, tick and sign that's all. alex77      ( Date: 20-Aug-2013 11:52) Posted: Ohh really! Great. So depositor proxy form only for voting? And FAA is the actual acceptance form? Ok ok. But where to sign on the proxy form?

 

Ohh understand liao. If part 2 is blank, chairman will be the proxy.

 

I thought that box is only for those who appoint proxy in part II ? I am mailing in the form. Still need to sign in that box?

 

Sign on the last row bottom left of th form as individual. I just submitted to SLT located at the highest floor 32 of the building. Just 2 thing, tick and sign that's all.

alex77      ( Date: 20-Aug-2013 11:52) Posted: Ohh really! Great. So depositor proxy form only for voting? And FAA is the actual acceptance form? Ok ok. But where to sign on the proxy form?

 

Ohh really! Great.
So depositor proxy form only for voting? And FAA is the actual acceptance form?
Ok ok.

But where to sign on the proxy form?

 

Hi Alex77, I'm afraid you are quite mistaken, the red language in the Exit Offer Form merely tells you not to fill in the Exit Offer Form if you do not wish to accept the Exit Offer, which only lapses 14 days after the special general meeting.

This has nothing to do with the Delisting Plan, and one can vote against the delisting, and yet accept the exit offer after the special meeting if the delisting is approved. This is quite apparent from the documents, and I have similarly confirmed it on the phone with the CDP.

Synear management is taking advantage of this kind of confusion to make the delisting a reality for their benefit, and at OUR EXPENSE. Please stop second-guessing. If you are unsure about what to do, just call CDP to ask. All it takes is a phone call (6535 7511) to clarify. Your hard earned money and your rights as a shareholder are at stake, this is not the time to be lazy and just rely on what someone tells you online. Now's the time to take some action guys.

 

This is also my understanding. 

Dabian      ( Date: 19-Aug-2013 21:34) Posted: Vote for delisting and accept / not accept offer are 2 different issues. Even delisting go through, we still have 2 weeks to accept/ not accept. alex77      ( Date: 19-Aug-2013 20:28) Posted: Hi Lazyposter. I think once u vote against delist, but the result is to go ahead, then you will NOT be offered the delist option. It is stated in the form in Red. Please double check. This means that u will still be holding the share but no where to trade

 

I have confirmed signature needs to be the same as CDP's records - need to verify with CDP on your signature if you are unsure.

buaypangsai      ( Date: 19-Aug-2013 17:11) Posted: Thanks everyone for checking.   Is it compulsory for the signature to match the one held at CDP in order not for the voting form to be voided? I do not remember the exact form of my signature. Is there an alternative way to ensure this risk can be prevented - such as submitting the form in person @ singapore land tower?

 

Yup, Dabian is right.

 

4th Sep is to vote whether you are ok to delist or not.

  Two weeks later is NOT A VOTE. It is for you to decide whether you want to accept the delist anot. If you do not accept, you might face difficulty in selling next time.

  If you vote against in the delisting, you can still accept the delisting two weeks later.

 

Vote for delisting and accept / not accept offer are 2 different issues. Even delisting go through, we still have 2 weeks to accept/ not accept.

alex77      ( Date: 19-Aug-2013 20:28) Posted: Hi Lazyposter. I think once u vote against delist, but the result is to go ahead, then you will NOT be offered the delist option. It is stated in the form in Red. Please double check. This means that u will still be holding the share but no where to trade. Lazyposter      ( Date: 19-Aug-2013 10:09) Posted: Hi everyone, I have called in to the CDP customer helpline and gotten a verbal confirmation on the Depositor Proxy Form. The CDP officer confirmed that a Synear shareholder can vote using the Proxy Form even if Part II (details of proxy/appointee) is left blank. Essentially, you vote " For" or " Against" the delisting offer in Part III, submit the signed Proxy Form to the address given at Singapore Land Tower, and even if your proxy doesn't turn up for the Special General Meeting or you never indicated a proxy in Part II to begin with, the Chairman of the Special General Meeting (whoever that will be) will be bound to vote in accordance with your written instructions in Part III of the Proxy Form. As I won't be able to make it for the Special General Meeting and don't have a proxy available,  but I want to vote AGAINST the delisting offer, I will be filling in the Proxy Form with Part II blank and Part III filled in (tick  in the " Against" box), sign off and deposit the signed form at  the given address.  If this effort  fails and the delisting offer unfortunately  gets approved, I will then have no choice but to accept the Exit Offer at $0.186 by filling in the other Exit Offer Acceptance form after the Special General Meeting. Please don't take my word for it. Call or write in to CDP to confirm for yourselves and share what you learn here. That's a much better use of time than typing out personal attacks over hurt feelings. I wish everyone here the best, let's get our money's worth here in this counter by working together.

 

If this is true, i don't most ppl here will vote against delist unless there is a coordinate effort. Else if the delist goes thru, those voting against it will most probably suffer 100% lost. Please correct me if i am wrong.

I am also holding onto some shares. Though unwilling, i have to vote in favour due to the above.

Sad.... But powerless against sharks...

 

Hi Lazyposter. I think once u vote against delist, but the result is to go ahead, then you will NOT be offered the delist option. It is stated in the form in Red. Please double check.

This means that u will still be holding the share but no where to trade.

Lazyposter      ( Date: 19-Aug-2013 10:09) Posted: Hi everyone, I have called in to the CDP customer helpline and gotten a verbal confirmation on the Depositor Proxy Form. The CDP officer confirmed that a Synear shareholder can vote using the Proxy Form even if Part II (details of proxy/appointee) is left blank. Essentially, you vote " For" or " Against" the delisting offer in Part III, submit the signed Proxy Form to the address given at Singapore Land Tower, and even if your proxy doesn't turn up for the Special General Meeting or you never indicated a proxy in Part II to begin with, the Chairman of the Special General Meeting (whoever that will be) will be bound to vote in accordance with your written instructions in Part III of the Proxy Form. As I won't be able to make it for the Special General Meeting and don't have a proxy available,  but I want to vote AGAINST the delisting offer, I will be filling in the Proxy Form with Part II blank and Part III filled in (tick  in the " Against" box), sign off and deposit the signed form at  the given address.  If this effort  fails and the delisting offer unfortunately  gets approved, I will then have no choice but to accept the Exit Offer at $0.186 by filling in the other Exit Offer Acceptance form after the Special General Meeting. Please don't take my word for it. Call or write in to CDP to confirm for yourselves and share what you learn here. That's a much better use of time than typing out personal attacks over hurt feelings. I wish everyone here the best, let's get our money's worth here in this counter by working together.

 

Lazyposter      ( Date: 19-Aug-2013 10:09) Posted: Hi everyone, I have called in to the CDP customer helpline and gotten a verbal confirmation on the Depositor Proxy Form. The CDP officer confirmed that a Synear shareholder can vote using the Proxy Form even if Part II (details of proxy/appointee) is left blank. Essentially, you vote " For" or " Against" the delisting offer in Part III, submit the signed Proxy Form to the address given at Singapore Land Tower, and even if your proxy doesn't turn up for the Special General Meeting or you never indicated a proxy in Part II to begin with, the Chairman of the Special General Meeting (whoever that will be) will be bound to vote in accordance with your written instructions in Part III of the Proxy Form. As I won't be able to make it for the Special General Meeting and don't have a proxy available,  but I want to vote AGAINST the delisting offer, I will be filling in the Proxy Form with Part II blank and Part III filled in (tick  in the " Against" box), sign off and deposit the signed form at  the given address.  If this effort  fails and the delisting offer unfortunately  gets approved, I will then have no choice but to accept the Exit Offer at $0.186 by filling in the other Exit Offer Acceptance form after the Special General Meeting. Please don't take my word for it. Call or write in to CDP to confirm for yourselves and share what you learn here. That's a much better use of time than typing out personal attacks over hurt feelings. I wish everyone here the best, let's get our money's worth here in this counter by working together.

 

I am not sure if the signature must match the CDP one. can call cdp to check. I already submitted in person with the same signature in cdp. 

buaypangsai      ( Date: 19-Aug-2013 17:11) Posted: Thanks everyone for checking.   Is it compulsory for the signature to match the one held at CDP in order not for the voting form to be voided? I do not remember the exact form of my signature. Is there an alternative way to ensure this risk can be prevented - such as submitting the form in person @ singapore land tower?

 

Thanks everyone for checking.

 

Is it compulsory for the signature to match the one held at CDP in order not for the voting form to be voided? I do not remember the exact form of my signature. Is there an alternative way to ensure this risk can be prevented - such as submitting the form in person @ singapore land tower?

 

Thanks Samsonite and happyharvest.

Everyone else, please join in to share your experiences and info, even a short reply to confirm the accuracy of what we found out will be helpful. Please note, it doesn't matter whether the Chairman of the meeting is from Synear or not, so long as you have indicated your voting choice in Part1.III (" For" or " Against" the Delisting Offer) of  your signed  Proxy Form, the Chairman will have to vote in accordance with your wishes. The vote is yours to exercise, not the Chairman's.

I do hope this sharing of infor will help us achieve the more than 10% votes required to topple the delisting plan. We really need to work together to ensure that we are not taken advantage of by the Synear management of our hard-earned money. All the best everyone.

 

I also called up the S'pore shares transfer agency #32-00 50 Raffles Place , S'pore Land Tower. They also informed if you can't attend, you can leave 1.II(a) blank , that is do not state a proxy.

Then make your resolution decision either FOR or AGAINST by ticking on the appropriate box in 1.III

Very important thing is sign on the page bottom left (1.V for individuals) before submitting it to S'pore shares transfer agency else the form is invalid.

 

You can clarify further if needed with S'pore shares transfer agency at their hotline 65365355 .