GL   

From SGX - Notice of Interest/Interest change

According to an analyst  reported that Quek Leng Chan has about 66 percent interest in GLL.

I do not see Guoco HK in the corporate structure either if it said that GHK owns > 60% of GLL.

http://www.guocoleisure.com/corpstruc.html

 

Ahh sold all.

It's always good profit with GL. Buy when it falls anticipating privatisation. Sell when it reach a good price...  and the cycle goes on with relatively stable price.

 

 

Huh ? I thought QLC already own 60+ % of GL ? How did this Guoco HK come into the picture? Kindly share, thanks. 

jackson5      ( Date: 02-Feb-2013 12:40) Posted: QLC was not the one who  bought in last few weeks. Those who bought thought   QLC will take GL private, But Guoco GP HK is trading at 92/93 and QLC only offer 88.00, so the GO will fail if QLC does want to raise his offer price. Guoco HK has to be settled first before we can talk about taking private of GL because Guoco HK owns 67% of GL.

 

QLC was not the one who  bought in last few weeks. Those who bought thought   QLC will take GL private, But Guoco GP HK is trading at 92/93 and QLC only offer 88.00, so the GO will fail if QLC does want to raise his offer price. Guoco HK has to be settled first before we can talk about taking private of GL because Guoco HK owns 67% of GL.

 

No announcement of Big Boss buying more for the past 3 months leh

 

If this is true, it would be cheaper to do it soon then later.

 

Taking private soon , insiders are buying so aggressively.

 

Any news ?????

 

From the edge:


GUOCOLEISURE ($0.625) – Breaks out of base
- Prices have just broken out of neckline resistance
- Break looks good and indicates target of 72 cents
- Mooted as a privatization candidate

 

Will it be next to be delisted from SGX ??????

 

Purchase in the open market by GOL. Quek Leng Chan is deemed to be interested in the shares of GL held by GOL
by virtue of the operation of the provisions of Section 7 of the Companies Act (Cap. 50).   

18-Oct-2012 17:28:13  
66.64 %
Based on issued share capital of 1,368,063,633 shares as at 16 October 2012.   

03-Oct-2011 17:18:36  
66.48 %
Percentage is based on issued share capital of 1,368,063,633 shares as at 28 September 2011.  

     
02-Nov-2010 17:49:46 
65.57 %
Percentage is based on issued share capital of 1,368,063,633 shares as at 28 October 2010.