Perhaps by 8am Monday morning, this blog post would have been overtaken by events. Nevertheless, I still wish to share my actions and rationale on the privatisation of CapitaMalls Asia (CMA) by Capitaland.
As mentioned in my blog post a month ago on Playing Poker With Capitaland Over CapitaMalls Asia, I would accept Capitaland's privatisation offer if it manages to own more than 90% of the shares so as not to be caught in the no-man's land where Capitaland has acquired sufficient shares to delist CMA but insufficient to compulsorily acquire all the shares. On the morning of 5 Jun 2014, Capitaland announced that it has acquired more than 90% of the shares, allowing it to delist CMA after the close of the offer on Monday 5.30pm (unless the offer is extended).
On the morning of 6 Jun 2014, I sent in the acceptance form for the privatisation ...
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