102946129
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With a blink of an eye, most stocks are green now
Pre market sell off seems to be a bear trap. As shared before, pre market has much lower liquidity and it should not be used to indicate how the market will move in normal trading hours
Put buyers of most stocks could be in the red now if they had purchased when the market opened earlier. Some may have chosen to cut losses.
But what if…. we have a reversal later in the second half of trading hours? Would those who cut losses regr...
Pre market sell off seems to be a bear trap. As shared before, pre market has much lower liquidity and it should not be used to indicate how the market will move in normal trading hours
Put buyers of most stocks could be in the red now if they had purchased when the market opened earlier. Some may have chosen to cut losses.
But what if…. we have a reversal later in the second half of trading hours? Would those who cut losses regr...
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102946129
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102946129
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Dominus Capital has made an offer to $Koufu (VL6.SG)$ The offer to acquire has become unconditional on Thursday, with the offeror accumulating 90.12% of the total issued shares, valued at approximately 0.4983 billion shares.
According to the disclosure of the exchange on Thursday, as of Thursday, January 27th, the offeror and its concerted action parties owned, controlled, or agreed to acquire a total of 90.13% of the total shares.
In addition, with the public shareholding ratio dropping below 10%, Koufu Group has lost its free float status. Therefore, SGX will suspend the trading of the company at the end of the offer.
The quote will end on February 23rd.
The coffee shop operator received a voluntary conditional offer from Dominus Capital in December 2021. The offer was made by an investment company registered by Koufu CEO Pang Lim and its executive director, Ng Hoon Tien, to privatize the company.
According to the disclosure of the exchange on Thursday, as of Thursday, January 27th, the offeror and its concerted action parties owned, controlled, or agreed to acquire a total of 90.13% of the total shares.
In addition, with the public shareholding ratio dropping below 10%, Koufu Group has lost its free float status. Therefore, SGX will suspend the trading of the company at the end of the offer.
The quote will end on February 23rd.
The coffee shop operator received a voluntary conditional offer from Dominus Capital in December 2021. The offer was made by an investment company registered by Koufu CEO Pang Lim and its executive director, Ng Hoon Tien, to privatize the company.
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