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Boustead
$Boustead (F9D.SG)$ Sudden jump in price. Hope it can go up to above 90cents.
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102206753 : Boustead offer $1.18 for Boustead Project, what does that mean to shareholders of Boustead? What are the implications.
It seems to me that Boustead need to deploy cash for this unconditional offer. In return what are the gains for Boustead shareholders?
Good if someone can share their thought
102306979 GUAY 102206753 : Mean share value 1.18
maxlim 102206753 : boustead Singapore will get all the future profit and asset after the buy out. cash required for the buy out for major shareholders (assuming boustead Singapore independent SHs are agreeable) and minority SHs should be around 100m?
the interesting question is whether boustead Singapore independent SHs agrees the buyout price for the majority stakes (20 percent).