SGX Listed Stock


GL LIMITED (B16.SI) has been delisted with effect from 2021-06-14.

0 / 0 %
Share Price as of: -
Market / ISIN Code: SGX Mainboard / BMG392401094
Sector / Industry Group / Industry: Consumer Discretionary / Consumer Services / Hotels, Restaurants and Leisure

GL Limited Blogger ArticlesGL LIMITED Blogger Articles SGX Listed GL Limited (SGX:B16) Blogger Articles B16.SI Blogger Articles
2021-02-26 14:44:12
Letter to GuocoLeisure Holdings Limited – Appeal on behalf of minority shareholders of GL Limited
The Board of Directors GuocoLeisure Holdings Ltd c/o DBS Strategic Advisory Institutional Banking Group Dear Sirs, RE: Appeal on behalf of minority shareholders of GL Limited Shareholders of GL Limited, have reached out to SIAS, highlighting their concern that the current offer price of $0.70 significantly undervalues their shareholdings in GL Limited , and they feel that the offer is not fair. The offeror’s rationale for the proposed offer relying on the difficult operating conditions brought about by COVID, shareholders are not convinced that the offer is in the interest of minority shareholders. “Not fair but reasonable” is the opinion provided by the appointed independent financial adviser (IFA), in the voluntary conditional general offer made by the offeror Gucoleisure Holdings
2021-02-21 09:52:55
Second liners continue to occupy market’s energies amidst rising rate concerns
The STI fell 45 points or 1.5% to 2,880.64; Penny stocks enjoyed bulk of the volume; Wall St and other markets have their eyes on rising US bond yields; Singapore Government’s Budget includes S$11b for COVID-19 relief; NODX grew better-than-expected 12.8% in Dec; Offer for Soilbuild Reit is fair and reasonable; Offer for Bermuda-registered GL is not fair but reasonable; SembCorp Marine warned of material provisions; MAS and SGX on alert for possible manipulation via chat forums Pennies in play as momentum in blue chips stalls Despite Wall Street holding firm in the face of weak US economic numbers, the local stock market has struggled in recent weeks – the Straits Times Index, which in mid-January climbed above the 3,000 level, has since been unable to add to those gains and ha
2021-01-31 01:46:00
GL Limited: Voluntary Conditional General Offer at $0.70
Disclaimer: This post is only intended for informational and discussion purposes and should not be taken as financial advice. I am merely sharing my rationale for buying GL Limited shares, and may acquire more shares and/or divest my positions without updating this article. Please do your own due diligence and/or consult a licensed financial advisor before dealing with shares in GL Limited. Overview On 15th Jan 2021, GL Limited announced a voluntary conditional general offer from GuocoLeisure Holdings Limited, at an offer price of $0.70 per share. GL Limited is a company that operates in the hospitality, oil & gas, and property development segments. Following the announcement, analysts from Lim & Tan Securities have suggested that GL Limited could be worth as much as $1.16, a

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