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STXOSV
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Blanchard
Senior |
14-Feb-2013 23:27
Yells: "Winners cry..... Losers smile....." |
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Great news! Holding onto my shares. | ||||
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Peter_Pan
Supreme |
14-Feb-2013 23:26
Yells: "did you order dunkin' donuts" |
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STXOSV $1.555 COME M NEY COME
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Peter_Pan
Supreme |
14-Feb-2013 23:24
Yells: "did you order dunkin' donuts" |
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More to come. | ||||
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Peter_Pan
Supreme |
14-Feb-2013 23:23
Yells: "did you order dunkin' donuts" |
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Two contracts amount to NOK 1,400,000,000 = SGD 313,651,800 | ||||
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Chewbecca
Member |
14-Feb-2013 23:19
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Hohoho. Rock n roll | ||||
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Peter_Pan
Supreme |
14-Feb-2013 23:09
Yells: "did you order dunkin' donuts" |
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Two valentine's day gifts in one night. | ||||
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Peter_Pan
Supreme |
14-Feb-2013 23:02
Yells: "did you order dunkin' donuts" |
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STX OSV SECURES CONTRACT FOR ONE OFFSHORE SUBSEA CONSTRUCTION VESSEL FOR FARSTAD SHIPPING Singapore, 14 February, 2013 – STX OSV Holdings Limited (“STX OSV”), one of the major global designers and shipbuilders of offshore and specialized vessels, is pleased to announce that it has secured a new contract for the design and construction of one Offshore Subsea Construction Vessel (“OSCV”) for Farstad Shipping (“Farstad”). This newbuilding, designed for subsea and IMR (Inspection, Maintenance and Repair) operations, is part of Farstad’ Shipping’s fleet development within the subsea market. The value of the contract amounts to approximately NOK 800 million. |
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Peter_Pan
Supreme |
14-Feb-2013 22:28
Yells: "did you order dunkin' donuts" |
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Valentine's Day gift from STXOSV!?!
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ethanetoh
Member |
14-Feb-2013 22:28
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omg, in your bin? mine will be inside town council bin beside the letter box ... haha
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triphopper
Member |
14-Feb-2013 22:18
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Document already in my bin... 
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ahbinge
Member |
14-Feb-2013 22:18
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Highly agreed!!! Just ignore the shiiit offer letter. Once the offer lapses, the share shall pick up......
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neon31
Member |
14-Feb-2013 22:12
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Received offer document and have decided to reject it. Thinking of buying more lots... | ||||
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CWC2929
Senior |
14-Feb-2013 22:09
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Any objection!!???........if Hoot another 100 lots tomorrow!!!! |
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starlene
Elite |
14-Feb-2013 20:41
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Under Singapore's rules,companies can be delisted if the proposal receives 75% shareholders' approval as well as objections from no more than 10%.alternatively if the Italian Co succeeds in acquiring .90% of STXOSV,it can compulsorily acquire the rest of it from the remaining minority holders,which is highly unlikley in this case..at this price $1.245-1.25,it's worth the bet This rule comes into play because we don't want the controlling shareholder i.e the Italian Co to start asset stripping and benefiting itself
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cheerstan2002
Member |
14-Feb-2013 20:40
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Yes, I agree this is really good news .. NOK 600millions is about $135million... sounds very very good! Actually I believe STX OSV will win more and more contract becos of its niche market and now partnership with Fincantieri Oil & Gas S.p.A.will make it more visible in Europe .. Hopefully, it will chiong UP to at least 1.3 in near term and then inching upward towards 1.5 after the cash offer lapsed on the 13 March 2013 ... Cheers! |
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starlene
Elite |
14-Feb-2013 20:40
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Under Singapore's rules,companies can be delisted if the proposal receives 75% shareholders' approval as well as objections from no more than 10%.alternatively if the Italian Co succeeds in acquiring .90% of STXOSV,it can compulsorily acquire the rest of it from the remaining minority holders,which is highly unlikley in this case..at this price $1.245-1.25,it's worth the bet This rule comes into play because we don't want the controlling shareholder i.e the Italian Co to start asset stripping and benefiting itself
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cheerstan2002
Member |
14-Feb-2013 20:40
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Yes, I agree this is really good news .. NOK 600millions is about $135million... sounds very very good! Actually I believe STX OSV will win more and more contract becos of its niche market and now partnership with Fincantieri Oil & Gas S.p.A.will make it more visible in Europe .. Hopefully, it will chiong UP to at least 1.3 in near term and then inching upward towards 1.5 after the cash offer lapsed on the 13 March 2013 ... Cheers!
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Peter_Pan
Supreme |
14-Feb-2013 19:22
Yells: "did you order dunkin' donuts" |
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This circular by Ernst & Young should be issued soon. | ||||
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Peter_Pan
Supreme |
14-Feb-2013 19:19
Yells: "did you order dunkin' donuts" |
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Appointment of Independent Financial Adviser The Board of Directors (the " Board" ) of the Company refers to the announcement made on 23 January 2013 (the " Offer Announcement" ) by Credit Suisse (Singapore) Limited and Nomura Singapore Limited, for and on behalf of Fincantieri Oil & Gas S.p.A. (the " Offeror" ), a direct wholly-owned subsidiary of Fincantieri – Cantieri Navali Italiani S.p.A., in relation to the mandatory unconditional cash offer (the " Offer" ) by the Offeror to acquire all the issued ordinary shares (" Shares" ) in the capital of the Company, other than those already owned, controlled or agreed to be acquired by the Offeror, its related corporations and their respective nominees. The Board wishes to inform shareholders of the Company (" Shareholders" ) that it has on 28 January 2013 appointed Ernst & Young Corporate Finance Pte. Ltd. (the " IFA" ) as the independent financial adviser to advise the Directors of the Company who are considered independent for the purposes of the Offer (the " Independent Directors" ). A circular containing, inter alia, the advice of the IFA and the recommendation of the Independent Directors in relation to the Offer (the " Circular" ) will be sent to Shareholders in due course. In the meantime, Shareholders are advised to exercise caution when dealing in their Shares and to refrain from taking any action in relation to their Shares which may be prejudicial to their interests until they or their advisers have considered the information and the recommendations of the Independent Directors as well as the advice of the IFA set out in the Circular to be issued in due course.
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brenocav
Member |
14-Feb-2013 19:04
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MISCELLANEOUS :: STX OSV SECURES CONTRACT FOR ONE OFFSHORE SUBSEA CONSTRUCTION VESSEL FOR SOLSTAD OFFSHORE
Finally some good news... |
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