Stock Privitization
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 Nov 26 2009, 06:08 PM, updated 17y ago
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#1
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Junior Member
39 posts Joined: Aug 2009  
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During stock privitization period, do i have to fill in any form if i want to accept the offer? what else i should do to accept the offer? Thanks in advanced.
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Nov 26 2009, 09:25 PM
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#2
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Staff
25,802 posts Joined: Jan 2003 From: Penang
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They will sent you a acceptance form for you to sign which you need to attach the CDS transfer which had been done with your ADA (broker firm that hold your CDS) and send back to them.
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Nov 27 2009, 11:25 AM
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#3
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Senior Member
3,879 posts Joined: Jul 2005
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what if someone choose to reject the offer?
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Nov 27 2009, 11:28 AM
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#4
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Staff
25,802 posts Joined: Jan 2003 From: Penang
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QUOTE(sjz @ Nov 27 2009, 11:25 AM) what if someone choose to reject the offer? Just don't send the form only loh.   |
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Nov 27 2009, 02:39 PM
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#5
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Junior Member
39 posts Joined: Aug 2009
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need how many % the share owned only can said the privitization is succesful?If it is successful, is it you have to force to accept the offer they gave?
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Nov 27 2009, 11:29 PM
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#6
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Staff
25,802 posts Joined: Jan 2003 From: Penang
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QUOTE(raisontan @ Nov 27 2009, 02:39 PM) need how many % the share owned only can said the privitization is succesful?If it is successful, is it you have to force to accept the offer they gave? Yes, 90%, at that time, you have no choice. This is to protect minoirty shareholders, as under this situation, company no longer can be listed. |
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