Post by oldman on Jul 26, 2015 11:05:38 GMT 7
I saw this query this morning from SGX on CEFC. I think this is a very good improvement over the standard query. I hope that all future SGX queries will follow this format.
Do be aware that listed companies have the ability to track all their shareholders on a regular basis. My understanding is that as minority shareholders, we do not have this right even though we volunteer to pay CDP for the information. However, if you have a close relationship with the listed company, you can get the list regularly through them. You have to read in between the lines... the playing field is never level. As always, I stand corrected.
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Query 1
In view of the unusual trading activities detected recently, please disclose shareholding
statistics as at the latest practicable date in a form similar to the table of shareholdings
disclosed on Page 73 of the 2014 Annual Report and advise us of the percentage of
shareholdings held in public hands.
Do be aware that listed companies have the ability to track all their shareholders on a regular basis. My understanding is that as minority shareholders, we do not have this right even though we volunteer to pay CDP for the information. However, if you have a close relationship with the listed company, you can get the list regularly through them. You have to read in between the lines... the playing field is never level. As always, I stand corrected.
---------------------------
Query 1
In view of the unusual trading activities detected recently, please disclose shareholding
statistics as at the latest practicable date in a form similar to the table of shareholdings
disclosed on Page 73 of the 2014 Annual Report and advise us of the percentage of
shareholdings held in public hands.
