Penguin International
PIL 26Mar2021 @ 76.23%
The despatch was 24 Feb 2021, so we are looking at 24 Jun 2021 roughly? https://links.sgx.com/FileOpen/PIL-Despa...eID=649355 Couldn't wait to catch the next wave... 
30-03-2021, 09:20 PM
(27-03-2021, 10:49 AM)ghchua Wrote:(26-03-2021, 08:50 PM)new-comer1 Wrote: I can foresee they will keep on extending the offer period so that shareholders who are fed up will eventually sell their shares and J&J will achieve 90%... Thank you for the information
05-04-2021, 05:55 PM
Penguin traded above 65 cents today, hitting a high of 66 cents.
is the  thinking of raising the offer price...
No chance. the announcement on 23Mar2021 indicated no further price increase. (link)
Today's announcement indicated final closing date on 21Apr2021 (link) PIL 6Apr2021@77.97% FINAL CLOSING DATE The Financial Adviser wishes to announce, for and on behalf of the Offeror, that the Closing Date of the Offer is extended from 5.30 p.m. (Singapore time) on 7 April 2021 to 5.30 p.m. (Singapore time) on 21 April 2021 (the "Final Closing Date"). The Offeror does not intend to extend the Offer beyond the Final Closing Date. Notice is hereby given that the Offer will not be open for acceptance beyond 5.30 p.m. (Singapore time) on the Final Closing Date. Acceptances received after 5.30 p.m. (Singapore time) on the Final Closing Date will be rejected. Enjoy.
07-04-2021, 10:04 AM
(06-04-2021, 10:31 PM)they extended again. I suppose they are really trying hard to net in as much as possible. ¯|_(ツ)_/¯ Wrote: No chance. the announcement on 23Mar2021 indicated no further price increase. (link)
08-04-2021, 01:39 PM
Anyone are still holding this like me? I am just hoping that they can continue keeping the company listed, but even then with them likely holding more than 80%, perhaps they are not that investors friendly like in the past.
08-04-2021, 02:31 PM
(08-04-2021, 01:39 PM)valuebuddies Wrote: Anyone are still holding this like me? I am just hoping that they can continue keeping the company listed, but even then with them likely holding more than 80%, perhaps they are not that investors friendly like in the past. There's a bet on that after this failed offer, PIL will have to pay a big dividends to pay for the purchase on the accumulated shares so far...  but there could also be a case that PIL will cease any dividends payouts... worth a bet sir? 
1) Try NOT to LOSE money!
2) Do NOT SELL in BEAR, BUY-BUY-BUY! invest in managements/companies that does the same! 3) CASH in hand is KING in BEAR! 4) In BULL, SELL-SELL-SELL!
08-04-2021, 05:54 PM
(08-04-2021, 01:39 PM)valuebuddies Wrote: Anyone are still holding this like me? I am just hoping that they can continue keeping the company listed, but even then with them likely holding more than 80%, perhaps they are not that investors friendly like in the past. Me. Keppel is also holding on to their shares until now.
08-04-2021, 07:22 PM
If the company still producing solid results, whether they hike or cut the dividend, it doesnt really matter to me. The integrity of the management is more important.
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