CTCE CTCE CTCE CTCE

roshan1039 · 51 Re: CTCE CTCE CTCE CTCE Sun Mar 10, 2019 6:23 pm

roshan1039

Moderator

Posts : 311
Join date : 2011-01-22

EGG wrote:This can be a silly question, but just to clarify. Vote will be favouring for the buy back at 2,500/- yeah.

Yeah, but.they have to have 75% which they failed last time

EGG · 52 Re: CTCE CTCE CTCE CTCE Sun Mar 10, 2019 7:14 pm

EGG

Senior Equity Analytic

Posts : 68
Join date : 2014-11-07

Understood, thanks. In the event if they fail to get 75%, what will happen ? Sorry for asking too many questions due to less knowledge on buy backs. Thanks

Agape · 53 Re: CTCE CTCE CTCE CTCE Mon Mar 11, 2019 5:27 pm

Agape

Senior Equity Analytic

Posts : 82
Join date : 2016-07-22

If they fail to get the 75% -One Option maybe to go for a Delisting first-Once the Delisting is done they can then go for a Buyback as a Non Listed Entity-This is possible as the 75% Rule is only applicable for a Listed Entity-HOWEVER I TOO URGE ALL TO VOTE FOR THE BUYBACK

EGG · 54 CTCE Mon Apr 29, 2019 12:56 pm

EGG

Senior Equity Analytic

Posts : 68
Join date : 2014-11-07

Hi,

Can you kindly let me know if shareholders will get any forms to complete in order to get the payment for the shares held pls.
I am yet to receive any documents and wondering if I need to contact any party for this.

Thanks

Agape · 55 Re: CTCE CTCE CTCE CTCE Mon Apr 29, 2019 5:24 pm

Agape

Senior Equity Analytic

Posts : 82
Join date : 2016-07-22

Yes -there will be the Offer Doc to buyback the Shares-Once you accept the Offer -then after the Offer closes-on the date indicated in the Doc-they will send the cheque

EGG · 56 Re: CTCE CTCE CTCE CTCE Mon Apr 29, 2019 10:38 pm

EGG

Senior Equity Analytic

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Join date : 2014-11-07

Dear Agape, thanks for your kind input. In case if you have any CTCE shares, can you let me know if you received the offer letter pls ? Or should I call the company and inquire. Thanks again.