Sing Holdings

Poh
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10 years 2 weeks ago #19694 by Poh

Replied by Poh on topic Sing Holdings

New property launches are not selling like hot cakes any more. This applies to Waterwoods exec condo. Robin Residences will be launched soon. Don't expect anything out of the ordinary. www.robinresidences.net/

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Poh
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10 years 1 week ago #19715 by Poh

Replied by Poh on topic Sing Holdings

Whoever is going to AGM this afternoon --pls can report here the interesting pts made by mgt? TQ !

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yeng
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9 years 11 months ago #19951 by yeng

Replied by yeng on topic Sing Holdings

Open market purchase of 71,000 shares by F. H. Lee Holdings (Pte) Limited at S$0.37 per share.

Why don't they just privatise @ 50 cents???

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behappyalways
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9 years 9 months ago #20360 by behappyalways

Replied by behappyalways on topic Sing Holdings

Please join us if you have stake and agree with the content by forwarding the email to the company.

www.valuebuddies.com/thread-23-post-88833.html#pid88833

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behappyalways
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9 years 9 months ago #20366 by behappyalways

Replied by behappyalways on topic Sing Holdings

ok I just sent out the email to sing holdings. 5 names......pls support if you own shares and agree to the content to the email. They simply have too much cash at the moment so let's 'remind' them to adjust the capital structure.

(15-06-2014 11:51 AM)Behappyalways Wrote:
2013 Annual Report

Page 92

33. Capital management

.......
The Group manages its capital structure and makes adjustments to it, in light of changes in economic conditions. To maintain or adjust the capital structure, the Group may adjust the dividend payment to shareholders, RETURN CAPITAL TO SHAREHOLDERS or issue new shares........

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behappyalways
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9 years 9 months ago #20494 by behappyalways

Replied by behappyalways on topic Sing Holdings

We refer to your email on 14 July 2014.

With regard to a share buyback scheme, this issue has been deliberated
repeatedly by the Board of Directors. The Company's position and rationale,
as clearly explained in our email to you on 18 March 2014, remain the same.
Other than its operational needs, the Company requires a healthy cash
balance for business expansion and to ride through any market downturn.

On your second point, we hold a different view. Our shareholders invest in
the Company knowing it to be a property developer and investor. We will
continue to focus on our core business instead of trying to grow the Company
through share buyback.

Lastly, purchases made by Mr Lee Sze Hao and F. H. Lee Holdings (Pte)
Limited are purely their personal choices and as with all other
shareholders, such personal decisions are independent of the Company's
consideration. As Directors of the Company, the Board members steer the
Company and make decisions to the best interests of the Company.

Yours sincerely
Tay Puay Kuan
CFO

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