the Offeror in fact at the time of annoucement, already haveabout 50% of the whole share structure . 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, I see it a piece of shit thing.

Thanks for reply. Then I shall sell out imediately. But why people are bid at 0.74 now? they haven't noticed the announcement yet, correct?

SGX rule requires at lease 20% are held in open marketif i am not wrong

Thanks for reply. Then I shall sell out imediately. But why people are bid at 0.74 now? they haven't noticed the announcement yet, correct?

这算不算是有人在操纵股市？是的话？或内幕交易？SGX应该调查才对啊？

Tan Chin Hock, Tan Choon Hock是两个人。Peter Tan,和Victor Tan是兄弟两个。 还有独立董事有责任保护小股东利益云云属于媒体操作，这种说法没有法律依据。独立董事需要履行董事义务并且在大股东利益和公司利益发生冲突下照顾公司利益。所有董事以照顾公司利益为先。 这笔交易属于大股东刷小股东：你不爽可以不接受，可是那又怎么样？而且，散户很散，德意志银行用两个价钱玩心理战。这种case,以前只在书上看过，没有想到自己能够遇上。 所以早上开盘就卖出，坚决那种。并且SembKim已经从warchilist删除。 弟兄们，集中精力做其他的吧。

sorry, should be 10%Free Float 723 An issuer must ensure that at least 10% of equity securities (excluding preference shares and convertible equity securities) in a class that is listed is at all times held by the public. 724 If the percentage of securities held in public hands falls below 10%: - (1) The issuer must, as soon as practicable, announce that fact; and (2) The Exchange may suspend trading of the class, or all the securities of the issuer. 725 The Exchange may allow the issuer a period of 3 months, or such longer period as the Exchange may agree, to raise the percentage of securities in public hands to at least 10%. The issuer may be delisted if it fails to restore the percentage of securities in public hands to at least 10% after the period. ---- http://info.sgx.com/SGXRuleb.nsf/VwCPForm_LISTING_MANUAL_Download/LM%20Chapter%2007%20(060901).pdf/$File/LM%20Chapter%2007%20(060901).pdf