Category Archives for Shares
FAQ on Filing of Claims for Hyflux creditors
Hyflux published a FAQ on the filing of proof of claims yesterday. Based on the FAQ published by Hyflux, we can ascertain the following: CPF/SRS/Nominee/Other depository agent If your holdings are held in nominee/CPF/SRS or other depository agent, they will have to file for everyone as they are the registered owner in the CDP records. You […]
Feedback to Hyflux Steering Committee
I’m helping one of the committee members collate feedback from investors of Hyflux preference shares or perpetual securities. If you are one of the Hyflux investors, please fill in the poll below by 7 Feb 2019 (2359hrs). Any feedback that you provide would be useful to reflect the expectation of the holders at their upcoming […]
Notice to File Proof of Claim for Hyflux Creditors
Hyflux just put out a notice today asking for their creditors to file a proof setting out their claim to the company. This includes their trade creditors as well as investors of their notes, preference shares and perpetual securities. This does not apply to Hyflux shareholders. You can download a copy of the notice here: Hyflux […]
The Final End of Indiabulls Trust
Just wanted to put up a short and final update on Indiabulls Trust. This post is a bit overdue. 🙂 Recall that previously in Apr 2016, there was a cash offer of $0.25 for shares of Indiabulls Trust. Long term unitholders (about 4%) who accepted the $0.25 offer would have seen a big loss. I had […]
Hyflux Preference Shares 2016
Hyflux recently announced that they will be issuing preference shares (perpetual securities) again. The previous public offer of Hyflux preference shares was back in April 2011. Added 19 May 2016 at 1130hrs : This 2016 tranche is called perpetual securities unlike the 2011 issue which Hyflux called perpetual preference shares. While there are some accounting […]