Latest Forum Topics / Genting Sing Last:0.77 +0.005 | Post Reply |
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spider
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28-Aug-2007 00:03
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i just read can not send cheque to buy the rights, must be cash order.....wow lao eh, so troublesome one.....(my dad CDP did not link to bank somehow....) | ||||||||||||||||||||||||||||||||||||||||||
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spider
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27-Aug-2007 23:53
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thx ! and i cost S$10 per counter........no wonder SGX share can go up..... | ||||||||||||||||||||||||||||||||||||||||||
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tiandi
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27-Aug-2007 22:27
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spider, you may read this on CDP website, http://www.cdp.com.sg/faq/transfer_faq.html here I copy for your reading, I think these information answer you questions. Take note that the CDP hotline is very hot and it can take you 30 minutes to wait and it burn your time and test your patience. Can I transfer my shares to somebody else, and if so, how do I do it? You may transfer your shares from your securities account to any of your immediate family members. For such a transfer, we require:
As a transferor, your presence is required to complete and authorise a transfer form. Read more from http://www.cdp.com.sg/faq/transfer_faq.html |
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Pension
Elite |
27-Aug-2007 22:20
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Genting will rock the world in time to come. I think genting has a better location and program comparable to sand. CHeong cheong cheong | ||||||||||||||||||||||||||||||||||||||||||
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spider
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27-Aug-2007 22:20
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Hi tiandi, thx ! this is clear ! actually is for my father, he did not have the CDP internet access......i'll help him to apply. yes, he got the big evelope. i'm helping him to exec the rights......thx !! one more q, as my dad seldom play share, in fact genting is the only share he got, he said he like to transfer this share to my CDP since i have more porfolio, is CDP allow this transfer......going to call CDP tomorrow...anyway. thx |
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tiandi
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27-Aug-2007 22:14
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spider, DO you really know that you have the 3000 Rights shares entitlement?? How do you check? One simple way is to check your CDP account statement via CDP internet access ( if you already had access). if you are entitled 3000 Rights Shares, your CDP account MUST SHOW 3000 Gen Int R, very simple to check. If you do not have the access now, then please call CDP hotline to enquire. Also you must already receive a big envelop from CDP with prospectus and ARE Form if you are entitled the Rights Shares. These Gen Int R is now traded at 3.5cents.. you can sell them, or KEEP them.
If you sell you get the market value If you choose to KEEP, you must have decided to exercise your Rights Share by paying 60 cents and you must follow CDP procedure to fill up ARE form, payment and send to them before LAST DATE.. What happened after that is CDP shall process your application , they take about 14 calendar days to process and shall inform you around LD+14. shortly after that says on LD_15-16, these shares shall become the new Mother Share ( the ticker will change to differentiate from existing mother shares) Q: err....pardon me i still blur, if i entitle 3000 shares, i go apply all 3000 at 60cnt each, am i issue the daughter or mothershare ???do i still need to convert it to mother share 'cos i'm already paying 60cnts, not rights price of 4 cnt or 3 cnt ... A: these shall be converted to Mother shares, after CDP process and approved your application Q ..if i did not apply, how i sell the rights ??? A : since you entitle Rights Share, you CDP must already showed 3000 Gen Int R shares in your statement. Once you confirm you have these so called Nil-Paid Rights share, you can sell them, sell them in the market.. use Gen Int R ( ticker is C2T on SGX website) |
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Pension
Elite |
27-Aug-2007 22:09
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Spider, If you hold 5K of genting mothershare prior to issue of the right issue, you entitle 3k of right issue. You can sell it in open market or convert it to mothershare. To convert to mothershare, you need to pay 60 cents per right issue. Assuming you have 3000 right issue, you need to pay 3000 x 60 cents plus some other miniumum charges. | ||||||||||||||||||||||||||||||||||||||||||
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spider
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27-Aug-2007 21:27
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err....pardon me i still blur, if i entitle 3000 shares, i go apply all 3000 at 60cnt each, am i issue the daughter or mothershare ??? do i still need to convert it to mother share 'cos i'm already paying 60cnts, not rights price of 4 cnt or 3 cnt .....if i did not apply, how i sell the rights ??? |
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Pension
Elite |
27-Aug-2007 19:18
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jm2122, the right issue worth 2 cents is given free to those holding mothershare. If you hold 5 mothershare you will be given 3 right issues free of charge. You can sell it away if you do not intend to subscribe for mothershare which you have to pay 60 cents times the number of right issue you have and you wish to convert it to mothershare. | ||||||||||||||||||||||||||||||||||||||||||
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jm2212
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27-Aug-2007 18:14
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can anyone explain why there is big gap on the mother & daugther price and yet people still selling big time on the daughter share? why these people not selling mother share to take advantage on the price difference instead? | ||||||||||||||||||||||||||||||||||||||||||
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derekhee
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27-Aug-2007 11:26
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EXCLUSIVE FIRST LOOK AT SENTOSA'S IR PARTY STRIP TO RIVAL LAS VEGAS 24-hour Festive Walk to include world-class dining performances 3 ZONES OF FUN By Cara van Miriah August 27, 2007 THINK Sentosa and sun, sand and theme park come to mind. But shopping? Yes, that will be one of the attractions when the Resorts World at Sentosa opens in 2010. It will have a collection of flagship concept stores, including swanky fashion outlets, The Universal Store and London's famous toy shop Hamley's that is known to draw about five million customers annually. The shopping belt will be located at the Festive Walk, the 'spine' of the integrated resort (IR), which is about the size of 50 football fields. Giving The New Paper on Sunday an exclusive preview of project, MrTan Hee Teck, Resorts World chief executive, said: 'The Festive Walk is what we call the 'spine' of the resort. This is where our guests congregate to dine, shop and watch some of the world's best public performances for free. It will be Sentosa's very own 24-hour Strip.' The Strip refers to the famous 6.7km entertainment district in Las Vegas, where the hotels, casinos, shows, nightlife and the shopping belt are located. At the Festive Walk, visitors will be treated to an array of audio-visual performances. When they stroll along the walkway, they will be enthralled by music from the waterfront. The skies will be set ablaze with fireworks and two animatronic cranes will dance in a multi-media show. Near the waterfront, roving acts will entertain diners at more than 20outlets offering choices from fast food to gourmet cuisine by world-class chefs. Not far away, a parade of street performers will welcome visitors at what will be called the Bull Ring, when they arrive by coach. As in Las Vegas, the festivities will continue into the night. At the Festive Walk, a variety of nightspots will draw the party crowd till the early hours. The New Paper on Sunday understands that the resort has been in talks with potential business partners, including nightlife operator Dennis Foo, 54, CEO of St James Power Station. During the day, visitors will be able to chill-out at the waterside cafes and watch the street performances. The Walk will host seven daily performances developed by Jeremy Railton, an Emmy-award winner who was behind the 2002 Winter Olympics Games ceremonies in Salt Lake City. And among the world-class shows at Resorts World will be Le Vie (Life) produced by Mark Fisher, a member of the core team that created Cirque du Soleil's blockbuster, Ka. There will be no admission charge to the Festive Walk, said a Resorts World spokesman. And there will be an array of non-gated shows at Imagineering, a 1,714-seat theatre featuring water, lights and pyrotechnics. NON-STOP ACTION Mr Tan added: 'The action never stops at the Festive Walk. In the day, you can lunch, shop and catch the performances. When the sun sets, visitors can watch the breathtaking light shows and unwind at one of the many watering holes.' The Festive Walk cuts through the tropical-themed resort, dividing it into the East and West Zones. There will be more than 10 attractions, including four gated ones - Universal Studios, Marine Life Park, Equarius Water Park and the Maritime Xperiential Musuem. The East Zone will be taken up by the Universal Studios theme park. When completed, it aims to draw five million visitors annually to 22 attractions. At least 16 rides will be designed for Singapore. In the West Zone, the Equarius Water Park will feature a 450m flume winding round the treetops. There will also be the Marine Life Park, the world's largest oceanarium and the six-star Espa spa and wellness retreat. The Central Zone, where the Festive Walk is located, covers the largest area. There will be a total of 1,800 rooms in six hotels, four of which will be built here. And the casino will be in one of these - Maxims Residences. The other two hotels will be in the West Zone. Mr Tan of Resorts World said: 'Not all the hotels are positioned in the premium tier. We expect Maxims Residences, Hotel Michael and Espa Villas to serve guests who demand luxurious accommodation. 'The others - Hard Rock Hotel, Festive Hotel and Equarius Hotel - will have rooms for those who want comfortable and affordable themed-accommodation.' Built at a cost of over $5 billion, Resorts World at Sentosa is expecting to draw about 15 million visitors annually from 2010. And with the opening of the Marina Bay IR in 2009, Singapore is on track to reach its 2015 target of 17 million visitors and $30 billion in tourism spending annually. Mr Tan said: 'We are now building the resort's foundation and substructure that will house a basement carpark for 4,100cars. This phase is on track for completion in mid-2008. 'We are on schedule and we expect to open in the first quarter of 2010.' http://newpaper.asia1.com.sg/news/story/0,4136,139979,00.html |
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leolim818
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27-Aug-2007 11:24
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Hi All, If I buy the right at 0.040, so how to buy the 0.60 right to convert to mother share? through ATM? please advice. thanks... |
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derekhee
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27-Aug-2007 10:33
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Video - Sentosa Construction Update skip the front and go to 01.55 http://www.youtube.com/watch?v=U-fQ3_LMLDI |
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Pension
Elite |
27-Aug-2007 09:46
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now 4 cents, 4.5 cents coming soon. As the market getting better, everyone will automatically jump in. |
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mike22
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27-Aug-2007 09:06
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still down.....no improvement.... | ||||||||||||||||||||||||||||||||||||||||||
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eblim77
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27-Aug-2007 09:01
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Lots of investors had bought in at high price during the bull run. Many people will not want or no more cash to buy the rights given to them. Most of them will sell it off to the market. Hence, there is a high chance for the price to fall than to rise. |
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Elite |
27-Aug-2007 08:45
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mike22, watch the counter closely, genting look good today. | ||||||||||||||||||||||||||||||||||||||||||
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Pension
Elite |
27-Aug-2007 07:57
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today is monday, watch this counter closely, if it cheong give it a clap. | ||||||||||||||||||||||||||||||||||||||||||
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mike22
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27-Aug-2007 00:58
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hope so,pension...tks | ||||||||||||||||||||||||||||||||||||||||||
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White_Tiger
Senior |
26-Aug-2007 16:05
Yells: "Think before you talk!" |
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We got 7 wonders of the world, we got Guiness book of world record, we got world wrestling federation champion, we got world of sports, we got world of golf & we got World class premium jokes right here in Genting forum. Congradulations you won the world funniest joke of all..... HAHAHAHAHA!! Suffocation in laughter(tears welling up the eyes!) WT aka Roberts full of compassion and loves.... |
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