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SC Global to be Privatised
It looks like Simon Cheong has won the battle with Wheelock over his SC Global offer. Wheelock has decided to sell their shares to Simon Cheong. With that, the number of shares owned by Simon will exceed 90% of the total shares. He will be able to delist the company and do a compulsory acquisition […]
Battle of Wheelock and SC Global
The battle of Wheelock and SC Global should be more correctly described as the poker game battle of Wheelock and Simon Cheong. In what has become a spanner in Simon Cheong’s privatisation plan of SC Global, Wheelock purchased shares in SC Global at a price of S$1.81 last week. This was $0.01 above the $1.80 […]