Delong Holdings

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17 Oct 2018 09:20 #24537 by Big Fish
Delong Holdings was created by Big Fish
The boo-boo over the takeover offer price has led the SIC to investigate the case. Strong possibility, imho, that boss of Delong will b compelled to make another offer, this time at $7.42. Just my reading, may not happen. Logic of mine is that boss should have offered $7.42 from the start, he should not be allowed to withdraw offer after it was found that (probably) his advisers erred on the takeover price.

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29 Oct 2018 22:15 #24545 by Big Fish
Replied by Big Fish on topic Delong Holdings
Chairman Ding Liguo bought 5,130,000 shares at $7.00 !!!!

infopub.sgx.com/FileOpen/_FORM1-DLG.ashx...cement&FileID=530952


Seriously, this company is a gem. The boss can't get enough of it.

If not for the overall market blues, the trading price would be a big leap from the currentl level of $6.50

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29 Jul 2019 18:05 #24914 by Big Fish
Replied by Big Fish on topic Delong Holdings
One more time, takeover offfer at $7.

links.sgx.com/FileOpen/Offer%20Announcem...cement&FileID=572107

Do minorities get to vote against delisting? This $7 is too cheap

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31 Jul 2019 07:43 #24918 by Kapitan
Replied by Kapitan on topic Delong Holdings
The Net Asset Value per share is RMB 59.27 which is about S$12. Chairman's takeover offer is only $7. How will IDs recommend it?

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