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Suntec Reit
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Sudden drop.....what happened ??
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lonewolf
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28-Jun-2007 10:01
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Here the briefs from Reuters: "Suntec Real Estate Investment Trust , controlled by Hong Kong tycoon Li Ka-shing, fell 3.9 percent to S$1.98 with 14.3 million shares traded as an undisclosed shareholder is selling up to $100 million worth of shares in the trust." |
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lonewolf
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28-Jun-2007 09:55
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I heard on the news that a substantial shareholder has sold his stake in the company at 7-8c discount from the last transacted price. If I did not rem wrongly it was $1.98 or $1.99. The announcement is still not out in the SGX though. |
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Snowy116
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28-Jun-2007 09:34
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Anyone know what happen to this counter this morning ? Very high vol and px drop so much !! |
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