Shares & Derivatives
Is Privatisation of this stock possible?
By Singapore Stocks Investing (SSI)  •  January 5, 2016
Following an article which I have read online, I would think that my previous sharing with readers on the possibility of more privatization of Singapore companies, especially those whose share prices have been lacklustre is still valid. Looking at how TigerAir (IPO price: $1.50) has an exit offer of $0.45, NOL (IPO price: $4) with an exit offer of $1.30; it is still possible for a Temasek-linked company in Sembcorp Marine to be privatized, even though its stock price has languished. For the record, Sembcorp Marine stock traded at $1.72 yesterday (4 Jan 2016), back in year 2011, the stock was trading at a high of $5.88.At the current price, even with a good, say 20% premium to the last traded price of Sembcorp Marine, the exit offer would not have been attractive to investors in light that Sembcorp Marine has previously touched even ......
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By Singapore Stocks Investing (SSI)
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