Towards Financial Freedom
Intraco Limited - Party's over? (Not Rated)
All offers lapsed. The saga for Intraco's controlling stake appears to have ended with no resolution in sight. Hanwell Holdings announced the offer lapse, citing differences and the introduction of conditions that were deemed unfavourable for Hanwell shareholders. Mr. Oei Hong Leong officially holds no interest in Intraco after disposing a 22.3% stake at SGD0.56/share to Mr. Chew Leong Chee. Mr. Chee on his own purchased nearly 2% stake via open-market purchase, boosting his personal stake up to 24.1%. Hanwell Holdings remains the controlling shareholder of Intraco with a 29.9% stake.
Source: Maybank Kim Eng
Source: Maybank Kim Eng
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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
