Sime Darby Australia will buy over but before this shareholders will get another 2.36 about $23.60 per 1000 shares.After that will amalgate so that shares will trade above 50cts and remain on main board what your view? Previously when they consolidate i made some $$$
BET DOWN
This type of counter out to suck money only...
My mum has 1000 shares or 1 lot only..she originally had 5000 but consolidated into 1000 shares..fyi...
You sure bo, before the 1st cash distribution, per lot of share is more than $1 plus, meaning your mum spend a million on this o.OBy the way, cash distribution does not affect the number of shares you own, you still have the same amount of shares only the value of the shares changed.
Can some kind souls advise my mum has 1000 saizen reits b4 the cash distributions now is being reduced to how many shares..she never keep track of her records from SGX..pls help
3 Oct ASM ASIA REC sold 358000 at 0.05 and 4 Oct V-Nee Yeh sold 495000 at 0.05..major shareholders clearing or selling according to Business Times report..after consolidation we lose out normally as market price lower than theoretical ex price fyi
Nothing much to mention except that share consolidation WILL happen. No news on yield also, it's still too early.
Cfirm share consolidation..after that rights issue so better not touch now..agree?
As for now, Cheapest Reit shares in SGX. lol
As for now, Cheapest Reit shares in SGX. lol
You sure bo, before the 1st cash distribution, per lot of share is more than $1 plus, meaning your mum spend a million on this o.O
By the way, cash distribution does not affect the number of shares you own, you still have the same amount of shares only the value of the shares changed.
Can some kind souls advise my mum has 1000 saizen reits b4 the cash distributions now is being reduced to how many shares..she never keep track of her records from SGX..pls help
haha so wayang
1wk ago said deal limbo then accumulate?
now say proceed and gg to pump?
Sime Darby Property to proceed with Saizen Reit reverse takeover
By  Jamie Lee leejamie@sph.com.sg
OCT 10, 2016 Â 7:05 PM
SIME Darby Property Singapore will have its Australian assets injected in Saizen Real Estate Investment Trust (Reit) through a backdoor listing, Saizen Reit said on Monday.
Saizen Reit will acquire the properties for A$356 million (S$371 million). The properties comprise 20 industrial properties located in Australia, with 18 properties in Queensland and two properties in the Northern Territory, with a total land area of approximately one million square metres.
The latest announcement follows discussions first made public in August.
Sime Darby Property to proceed with Saizen Reit reverse takeover
OCT 10, 2016 Â 7:05 PM
SIME Darby Property Singapore will have its Australian assets injected in Saizen Real Estate Investment Trust (Reit) through a backdoor listing, Saizen Reit said on Monday.
Saizen Reit will acquire the properties for A$356 million (S$371 million). The properties comprise 20 industrial properties located in Australia, with 18 properties in Queensland and two properties in the Northern Territory, with a total land area of approximately one million square metres.
The latest announcement follows discussions first made public in August.
Can some kind souls advise my mum has 1000 saizen reits b4 the cash distributions now is being reduced to how many shares..she never keep track of her records from SGX..pls help
Saizen REIT down as initial pact with Sime Darby lapses
By PC Lee / theedgemarkets.com.sg  | October 3, 2016 : 4:37 PM MYT  Â
SINGAPORE (Oct 3): Saizen Real Estate Investment Trust fell as much as 37.3% on Monday, after it says talks with diversified Malaysian group Sime Darby hasn&rsquo t led to a deal, but that discussions between the parties continue.
In August, the Japan-focused real estate firm said it has entered into an initial deal with Sime Darby, which would have led to a reverse takeover of the trust by the Malaysian plantation-to-property conglomerate.
As part of the proposed deal, Saizen was supposed to buy Sime Darby' s industrial properties in Australia.
The initial agreement has lapsed, Saizen said in a stock exchange filing over the weekend.
It adds that the talks are still on and if the parties are able to resolve outstanding matters, then a final pact will be signed.
Saizen units are trading 25.4% lower at 4 cents while the Straits Times Index is up 0.1%.
The price still holding well and upside potential is there.
Not much volume today
Not much volume today
Coming to action soon...
