Towards Financial Freedom
Armstrong plans to delist from SGX
Armstrong plans to delist from SGX. Armstrong Industrial announced this morning that it has received an uncommitted proposal from a consortium of investors which include its major shareholder - Mr Ong Peng Koon (39.1% stakes). While the negotiation on pricing is still on-going and no concrete agreement has been reached, we think there is a likelihood that the offer price will offer further upside from the current share price. The counter last traded at SGD0.36, up 41.0% year to date. (SGX, OSK-DMG)
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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....
