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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Dominus Capital right $Koufu (VL6.SG)$ The takeover offer became unconditional on Thursday, after the offeror had accumulated 90.12% of the total number of issued shares worth approximately 498.3 million.
According to the Thursday Exchange, as of Thursday, January 27, the total shares owned, controlled or agreed to be acquired by the offender and its concerted actors accounted for 90.13% of the total shares.
Furthermore, as the public shareholding ratio fell below 10%, Koufu Group lost its free circulation status. As a result, the Singapore Exchange will suspend the company's trading at the end of the offer.
The offer ends on February 23.
The coffee shop operator received a voluntary conditional offer from Dominus Capital in December 2021 to privatize the company, an investment company incorporated by Koufu CEO Pang Lim and his executive director Ng Hoon Tien.
According to the Thursday Exchange, as of Thursday, January 27, the total shares owned, controlled or agreed to be acquired by the offender and its concerted actors accounted for 90.13% of the total shares.
Furthermore, as the public shareholding ratio fell below 10%, Koufu Group lost its free circulation status. As a result, the Singapore Exchange will suspend the company's trading at the end of the offer.
The offer ends on February 23.
The coffee shop operator received a voluntary conditional offer from Dominus Capital in December 2021 to privatize the company, an investment company incorporated by Koufu CEO Pang Lim and his executive director Ng Hoon Tien.
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