Kimtrans Singapore Pte Ltd sold (or agree to sell) to them at S$0.7 about
22.17% of the total shares
Tan Choon Hock (Tan Chin Hock??) sold or agree to sell 8.96% at S$0.7 about the total shares.
After Toll take over all the shares, sure, Semb Kim will be taken down, because the SGX rule requires at lease xxx percentage are held in open market. (23% ?) cannot remember.
Big share holders sell their shares at such a discount,