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Hope thomson case can close soon..it good to have but not a must. With 200millions on hand..i think wee hur can do more..recently their directors involves in some.placement share in matex and mirach...and make millions..hope the directors can give lobang to the company and benefits all.shareholders...especially the company is so rich..200millions on hand and more to come..
support at 37.5, next support at 34.5
Q at 36.5...unable to get it....
drop to 37.5. anybody average down?
picked up more wee hur today at 38.5...whether.get or not get thomson view project..i still enjoy at least 2cents per share dividen through 2016....and i expect more due to kaki bukit and parc centros projects...may give extra 2cents per year and make up of 4cents per year ....buy for mid to long term..
Wee Hur Court News 25/06/2013
http://www.stproperty.sg/articles-property/condominium/thomson-view-en-bloc-sale-hearing-starts/a/124690
Wee Hur break below 0.40
i forsee is 1cent. so max is 4 cent. is a good fundamental sound. can buy.
Picked up more wee hur at 41today..expected another 1-2cents dividen in aug..total dividen this year is around 4-5cents..yield quite attractive..next year maybe another 4 centa dividen.due to kaki bukit warehouse projects...buy to keep
Thomson View owners get more time to obtain Order of Sale Share on facebookShare on twitterShare on emailSourceBusiness TimesDate05 Jun 2013AuthorCarine LeeWEE Hur Holdings yesterday said the consenting owners of Thomson View condominium have another six months to obtain an Order of Sale approving the collective sale and purchase of the condominium.
The original deadline was yesterday.
Wee Hur's 51 per cent owned subsidiary, Wee Hur-Lucrum Pte Ltd, was awarded the tender for the collective sale in September last year for a purchase price of $590 million.
This works out to $712 per sq ft per plot ratio for the 540,314.4 sq ft, 99-year leasehold estate. It has a remaining term of about 62 years.
However, some owners of Thomson View have filed objections against the collective sale.
The High Court case is set for a five-day hearing from June 24.
Wee Hur said the extension of the deadline gives the consenting owners more time to settle the court case.
Wee Hur had established Wee Hur-Lucrum Pte Ltd last year with private equity investment firm Lucrum Capital Pte Ltd for the primary purpose of acquiring and redeveloping Thomson View.
The joint venture was looking to get a fresh 99-year lease from Singapore Land Authority, and permission from the Urban Redevelopment Authority to redevelop the property into a condominium development with apartment blocks of up to 24 storeys and a gross plot ratio of 2.1.
Wee Hur Construction Pte Ltd was to be the main contractor.
The acquisition of Thomson View condominium will build up the development portfolio of Wee Hur Group and with Wee Hur Construction's appointment as main contractor, serves to boost the group's construction order book.
Wee Hur ended trading down half a cent at 42.5 cents before the extension was announced yesterday.
Source: Business Times © Singapore Press Holdings Ltd. Permission required for reproduction.
Top 20, any news on the upside?
http://sg.news.yahoo.com/singapore-property-remain-resilient-report-085755384.html
http://info.sgx.com/webcorannc.nsf/AnnouncementLast3MonthsByCompanyNameAndCategory/7A0F0238F1C99CD648257B65002F826B?opendocument
Any updates on the Thomson View Case??
support at 0.40. watch it if ut breaks down.
selling pressure mounting.
Last two days to buy if u wan to enjoy 3cents dividen...xd on 3 may and pay on 15may....very rich company pay fast
no update?
Don't think court case can one time verdict, see got any news update first.
Any news on wee hur court case???...i think win as price went up....
Thomson view project..it good to have but not a must to have...with $200millions on hand...wee hur can do more...maybe get more placement from matex at 5cents and make instant gain.......