ValueBuddies.com : Value Investing Forum - Singapore, Hong Kong, U.S. › ValueBuddies.com › Singapore Listed Companies › M - M v
Mandarin Oriental

Mandarin Oriental

Thread Rating:
  • 1 Vote(s) - 5 Average
  • 1
  • 2
  • 3
  • 4
  • 5
retired1again Offline
Junior Member
**
Posts: 38
Threads: 0
Joined: Jun 2014
Reputation: 0
#11
Smile  07-03-2015, 09:21 AM
Looking at the hotel location along Raffles Blvd, it is unlikely on a freehold titled land.

Observed in some right-issue offer documents of local listed companies that foreign shareholders are not entitled to the right-issue at discounted price.

Any one can advise or know would Singaporean shareholders of Mandarin Oriental be entitled to their right-issue offer?

Thanks in advance. Smile
Find
Reply
opmi Offline
Posting Freak
*****
Posts: 2,744
Threads: 23
Joined: Mar 2013
Reputation: 25
#12
07-03-2015, 12:19 PM
(06-03-2015, 06:04 PM)ValueMushroom Wrote: Any one can share share mandarin oriental Singapore hotel is sitting on freehold or 99 leasehold land? Google but have no luck finding this piece of information. Thank you.

mandarin oriental Singapore - is sitting on Singapore Land/UIC/UOL/Wee land.
"... but quitting while you're ahead is not the same as quitting." - Quote from the movie American Gangster
Find
Reply
ValueMushroom Offline
Member
***
Posts: 142
Threads: 1
Joined: Nov 2014
Reputation: 3
#13
07-03-2015, 03:14 PM
I went to dig further, and find from SingLand annual report that Marina Square Retail Mall is 99 years lease from 1980.
Find
Reply
CY09 Offline
Moderator
*****
Posts: 2,295
Threads: 27
Joined: Jul 2012
Reputation: 41
#14
07-03-2015, 04:28 PM (This post was last modified: 07-03-2015, 04:31 PM by CY09.)
Hi Value Mushroom,

Just refer to the annual report to search the leases for all its hotels
Find
Reply
asphodeli Offline
Newbie
*
Posts: 21
Threads: 0
Joined: Sep 2014
Reputation: 0
#15
28-03-2015, 07:42 PM
Did anyone applied for excess rights? Seems that I can't oversubscribe via SCB for the very vague reason of "the company has withdrawn the offer".

is SCB smoking me, or did Jardine/institutions/HNWIs makan all the excess rights?
Find
Reply
melissa Offline
Newbie
*
Posts: 6
Threads: 0
Joined: Jan 2015
Reputation: 0
#16
30-03-2015, 06:01 AM
It is not SCB. I have the Rights Application Form (Form A) and there was no place where you could apply for excess rights.
Find
Reply
glico Offline
Newbie
*
Posts: 4
Threads: 0
Joined: Oct 2010
Reputation: 0
#17
30-03-2015, 09:02 AM
(06-03-2015, 06:04 PM)ValueMushroom Wrote: Any one can share share mandarin oriental Singapore hotel is sitting on freehold or 99 leasehold land? Google but have no luck finding this piece of information. Thank you.

iirc, should be 99 leasehold land.
Mandarin Oriental is part of the integrated development of Marina Square.
Can check OUE/ Singapore Land / UIC annual report.
Find
Reply
ghchua Offline
Senior Member
****
Posts: 747
Threads: 0
Joined: Jun 2012
Reputation: 48
#18
30-03-2015, 11:56 AM
(30-03-2015, 06:01 AM)melissa Wrote: It is not SCB. I have the Rights Application Form (Form A) and there was no place where you could apply for excess rights.

You cannot apply for excess rights shares for this issue. I have tried using ATM method and they don't allow it as well.
Find
Reply
crabcrab Offline
Member
***
Posts: 271
Threads: 5
Joined: Dec 2010
Reputation: 3
#19
31-03-2015, 09:55 PM
It is a hotel management company, not a hotel property owner...
Find
Reply
hurricane Offline
Newbie
*
Posts: 19
Threads: 0
Joined: Sep 2013
Reputation: 0
#20
07-06-2017, 02:31 PM
Can anyone share any information on Mandarin Oriental? Thanks.
Find
Reply


Forum Jump:


Users browsing this thread: 11 Guest(s)