Emailed to clients last MONDAY for an entry on a convincing strong volume breakout which shows something may be brewing and TRUE ENOUGH, Announcement was made subsequently !!
23 JAN 2015 - News - Two-tier price approach of base Offer Price of S$4.38 per share and higher Offer Price of S$4.60 per share, to be paid if Kepcorp is entitled to exercise its rights of compulsory acquisition. Offer prices exceed the highest closing price over the past three years. Kepcorp does not intend to revise the Offer Price. Base Offer Price is a fair and compelling offer to Kepland shareholders, amid Kepland's latest financial performance and the current environment. Higher Offer Price is designed to reward Kepland shareholders if Kepcorp is able to privatise Kepland. Offer will strengthen Kepcorp group with sizeable contributions from three business pillars, O&M, property and infrastructure. Expected to be EPS and NTA accretive to Kepcorp..
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