bullish

Golden Eagle Retail (3308 HK): Scheme Vote on 15 September

918 Views23 Aug 2023 14:44
This is a done deal which help by the material derating of peers. At the current price of HK$6.75 and for the 17 October payment, the gross/annualised spread is 1.9%/13.4%.
Boomeranged on Fri, 15 Sep 2023 19:05
The scheme was overwhelmingly approved. Minority turnout was good with 68.2% of disinterested shares casting a vote. The scheme was approved by 99.99% of disinterested shareholders. NO votes from disinterested shareholders represented 0.01% of all disinterested shareholders, comfortably below the <10% threshold. The last day of trading is 18 September. At last close, the gross spread was 1.8%.
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