Billy happBillyhappy : How much ?

maxlim : Value unlocking. Don know got special dividend anot

YiRong77 : ESR should bring this up in tandem, hold tight

爱发财 OP YiRong77 : buy esr or st better?

YiRong77 爱发财 OP : I’m buying more ST and holding it, given that ESR has risen quite sharply

爱发财 OP YiRong77 : Do u know st will get back how much per share?

YiRong77 爱发财 OP : Couldn’t tell for sure , since the fall of ST is not correlated 1:1 to the decline of ESR previously.
ST should gain by about $0.37 from the lows of 1.33  based my own opinion.
DYDD

爱发财 : Coming?

To the Moon YOLO OP 爱发财 : ESR privatised should benefit ST
According to market news, the US Warburg Pincus Investment Group (Warburg Pincus) is leading a consortium to privatize ESR, its logistics platform listed in Hong Kong. According to the rumor, the ESR board has received an official tender from the consortium to privatize ListCo for $7-80 billion. Based on ESR's current market capitalization, the potential privatization premium is around 40% to 60%. Rumors also indicated that the board of directors had agreed to proceed. The deal is largely funded. The transaction is expected to close in the second half of 2024.

YiRong77 : Patience

爱发财 To the Moon YOLO OP : Currently St holds 3.9% in ESR? Not sure what is the financial impact on this potential realization, I..e their cost versus potential receive amount

To the Moon YOLO : $1.43 vs $3.29 NAV

YiRong77 : Will the road block be open soon?