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TOLL offers to take over Semb Kimtrans Post Reply Rate topic
Sporeguy Elite	01-Nov-2007 21:33        Sporeguy About Contact  Quote this Post!
x 0   x 0  Alert Admin	Hi ajithm, you meant they credited directly into bank account that you have stated in the CDP and not given cheque. If that is the case, i need to check my bank acct. Thks.
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ajithm Member	31-Oct-2007 22:36        ajithm About Contact  Quote this Post! Style: Flexible   Mood:
x 0   x 0  Alert Admin	I had the money credited to my account two days back.   Perhaps, your cheque is in the mail.
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Sporeguy Elite	31-Oct-2007 21:25        Sporeguy About Contact  Quote this Post!
x 0   x 0  Alert Admin	The CDP inform us that the cheque for the compulsory aquisition of SembKim by Deusche Bank AG for and on behalf of Toll Express will be sent by post on 24/10/2007. It is already 1 week and we have not received the cheque. Whom do you approach regarding that we have not received the cheque ?
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Sporeguy Elite	05-Oct-2007 22:37        Sporeguy About Contact  Quote this Post!
x 0   x 0  Alert Admin	Anyone know when will they pay for the aquisition ? It is already more than a month.
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hlayar Senior	31-Aug-2007 13:42        hlayar About Contact  Quote this Post!
x 0   x 0  Alert Admin	The latest acceptance is now 90.66%! Over 90% mark triggers the compulsary delisting. Question is must we still submit the form to CDP? Or just hang on for further annoucement by Toll?
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Sporeguy Elite	28-Aug-2007 23:43        Sporeguy About Contact  Quote this Post!
x 0   x 0  Alert Admin	Toll advertised in today's ST Home Pg H18 that it has received 88.91% acceptance. According to the offer booklet, it will pay 80c per share if 90% accept by 5 pm31 Aug 2007, otherwise it will pay only 70c.
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hlayar Senior	03-Aug-2007 11:24        hlayar About Contact  Quote this Post!
x 0   x 0  Alert Admin	I felt that the offer will not go through on Aug 13. Toll will then either offer higher or extend the date line.
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hlayar Senior	13-Jul-2007 08:26        hlayar About Contact  Quote this Post!
x 0   x 0  Alert Admin	Who is Express Asia? Maybe they are the 'accelerating' agent for ensuring the takeover as a success. Certainly, I do hope they succeed.
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Sporeguy Elite	13-Jul-2007 00:25        Sporeguy About Contact  Quote this Post!
x 0   x 0  Alert Admin	Express Asia said they rep Toll, and they phone me today to enquire whether I had received the form. If not they would like to send to me again. Can anyone interpret their actions ?
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hlayar Senior	06-Jul-2007 14:34        hlayar About Contact  Quote this Post!
x 0   x 0  Alert Admin	I dont think Toll is allowed to buy any stock from the open market at price higher than $0.70. Pls correct if I am wrong.
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rickytan Veteran	06-Jul-2007 13:26        rickytan About Contact  Quote this Post!
x 0   x 0  Alert Admin	If one buy at 78 cents and TOLL managed to obtain 90% acceptance, then still can make money 2 cents (and dont have to pay commission/brokerage charges).  Maybe TOLL is the one buying up the shares as it is still cheaper than for them to buy back at 80cents...Just my opinion.
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EastonBay Master	06-Jul-2007 13:25        EastonBay About Contact  Quote this Post!
x 1   x 0  Alert Admin	Maybe Toll is buying. They sound very desparate in their prospectus.. using scare tactics like "S Kimtrans has never traded higher than 80c".   The problem is I certainly do not want to end up selling at 70c (when they could not achieve 90%) and I won't know if they are close. I rather sell in the market for a sure 78c then an uncertain 80c.
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hlayar Senior	06-Jul-2007 10:20        hlayar About Contact  Quote this Post!
x 0   x 0  Alert Admin	Wah, still got buy up @78 cents.
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mirage Veteran	14-Jun-2007 17:31        mirage About Contact  Quote this Post!
x 0   x 0  Alert Admin	Quotes Toll offers to take over Semb Kimtrans   Australia's top transport group Toll Holdings has launched a takeover offer for all the remaining shares it doesn't own in mainboard-listed Sembawang Kimtrans. Toll already owns a 26 percent stake in the Singapore logistics services firm. The Australian firm is expected to seek a delisting of Sembawang Kimtrans if it succeeds in acquiring at least a 90 percent stake. Toll is offering to pay 70 cents for all remaining shares in Sembawang Kimtrans, or slightly lower than than the counter's closing price of  71 cents yesterday. But if Toll gets control of at least 90 percent, it will raise the price to 80 cents a share. This will value Sembawang Kimtrans at as much as 326 million dollars.
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