Creo Medical Share Discussion Threads

[young dro] 08/6/2010 19:30

Thanks LBO

[young dro] 08/6/2010 18:06

My take on it is that a CDP account is only necessary if you wish to trade the shares. Obviously you will at some point however I don't think it is necessary to have an account immediately. It depends how desperately you want to trade the stock straight away.

[hac29600] 08/6/2010 11:44

vondutch - I would be interested if you find anything out from your bank. It seems you need a CDP account or a sub-account with a depository agent. And then you need a broker who deals in Singapore stocks.

I wonder what will happen if you cant give the registrar the details by 21st June ?

[longsight] 08/6/2010 08:18

mikeja - thank you for info.

[mikeja] 08/6/2010 06:45

CRCT is all China based and all retail whereas CREO is mixed office and retail.
Google up CRCT REIT and that will lead you on.All China REITS are rare in Singapore,indeed CRCT is the only one I could find tho there are some quoted in HK.

[longsight] 07/6/2010 15:37

mikeja - thanks for that info. Is Capitaretail invested in similar properties & in the PRC? Are there many comparatives listed in Singapore? [Sorry to cadge your research - perhaps you cd let us know websites which have this info]

Thanks, LS

[mikeja] 07/6/2010 15:31

Capitaretail,a similar REIT to CREO quoted in Singapore,under CRCT,sells at 1.1x book.CREO should be slightly larger on the same basis,perhaps more attractive to Asian institutions.

[mikeja] 07/6/2010 14:12

Excellent news,onward and upwards

[longsight] 07/6/2010 13:11

Result of EGM & Court Meeting


TIDMCREO

RNS Number : 1787N
China Real Estate Opportunities PLC
07 June 2010

?

CHINA REAL ESTATE OPPORTUNITIES PLC
Scheme of Arrangement update: results of shareholder meetings
Further to the announcement by China Real Estate Opportunities plc ("CREO" or
the "Company") on 21 May 2010 regarding the posting of the circular in relation
to the listing of a Singapore Business Trust, to be known as Treasury China
Trust ("TCT") of which CREO would become a 100% owned subsidiary, the associated
admission of TCT to the Official List of the Singapore Stock Exchange ("SGX")
and cancellation of the admission of CREO ordinary shares to AIM ("Scheme
Document"), the Company is pleased to announce that at the Court Meeting and
Extraordinary General Meeting held earlier today to approve the Scheme and
associated matters, all resolutions were passed.
As described in the announcement made by the Company on 26 April 2010, the move
to Singapore and consequent cancellation of its AIM listing, to be effected by
the Scheme, is intended to position the Company closer to its asset base and
facilitate demand from Asian investors.
At the Court Meeting, the required majority in number of those Scheme
Shareholders present and voting, either in person or by proxy, representing 100
per cent. of the voting rights of all Scheme Shares in respect of which votes
were cast, voted in favour of the Scheme. The voting of those Scheme
Shareholders who cast votes either in person or by proxy at the Court Meeting
was as follows:
+---------+--------------+-------------+--------------+-------------+--------------+-------------+
| | Total Votes | Votes for the | Votes against the |
| | | Scheme | Scheme |
+---------+----------------------------+----------------------------+----------------------------+
| | No. of | No. of | No. of | No. of | No. of | No. of |
| | Scheme | Scheme | Scheme | Scheme | Scheme | Scheme |
| | Shareholders | Shares | Shareholders | Shares | Shareholders | Shares |
| | | Represented | (and %) | Represented | (and %) | Represented |
| | | | | (and %) | | (and %) |
+---------+--------------+-------------+--------------+-------------+--------------+-------------+
| Totals | | | | | | |
| in | n/a | n/a | n/a | n/a | n/a | n/a |
| person | | | | | | |
| and by | | | | | | |
| proxy | | | | | | |
+ +--------------+-------------+--------------+-------------+--------------+-------------+
| | 329 | 28,077,788 | 329(100%) | 28,077,788 | 0 (0%) | 0 (0%) |
| | | | | (100%) | | |
+---------+--------------+-------------+--------------+-------------+--------------+-------------+

At the EGM, all of the resolutions required to implement the Scheme and certain
other connected matters were passed on a poll.
In order to become operative in accordance with its terms, the Royal Court of
Jersey must now sanction the Scheme at the Court Hearing. This hearing is
scheduled to take place on 16 June 2010. As set out in the announcement made on
21 May 2010, trading in the CREO ordinary shares on AIM will therefore be
suspended at 7.00 a.m (London time) on 16 June 2010. If the Scheme is
sanctioned by the Court and becomes operative in accordance with its terms, the
admission of the CREO ordinary shares to trading on AIM will be cancelled. Due
to the period required to process the exchange mechanics for issuing the units
in TCT, the Scheme will not become operative until 21 June 2010. On the Scheme
becoming operative, CREO shareholders will receive 5 units in TCT for every one
CREO share held.
It is currently expected that the units in TCT will be listed and begin trading
on the Main Board of the SGX on 21 June 2010. The admission of the CREO
ordinary shares to trading on AIM is therefore expected to be cancelled at 7.00
a.m. (London time) on 21 June 2010. CREO shareholders will not have to pay
anything for their units in TCT.
In the event that there are any changes to the timetable, CREO will give notice
of such changes by issuing an announcement to the London Stock Exchange and by
notice on its website.
The Court Hearing will be heard at 9.00 a.m. (London time) on 16 June 2010 at
the Royal Court of Jersey, Royal Court House, Royal Court Square, St Helier,
Jersey, at which all CREO shareholders are entitled to attend in person or
through Jersey advocates to support or oppose the sanctioning of the Scheme.
Terms defined in the Scheme Document shall have the same meaning(s) when used in
this announcement.

[vondutch] 07/6/2010 11:29

Hi, does anyone know how I would trade these when they are listed in SGX if I hold them through my bank? It only allows trading on UK/US stocks. I presume some of you may already know?

Thanks

[flip101] 06/6/2010 21:16

About a 10% currency move since the December valuations.

[mikeja] 04/6/2010 15:19

You cld drive a bus thru the quote atm.

[mikeja] 04/6/2010 15:17

Steg,sorry to hear about your probs,got a bit roughed up myself in WCC but fortunately had and still have big enough profits not to be too worried.Looking to CREO to give it all back.

[mikeja] 04/6/2010 15:14

Holders dont forget to vote for move to Singapore,result will be out Monday,pretty much a foregone conclusion.

[flip101] 04/6/2010 14:46

Looks like a quiet coast to the finish here. Looking forward to 21st June.

[ppowerscourt] 04/6/2010 08:12

Sorry to hear that, Stegrego.

I have sworn off spreadbetting, FX and commodities trading after having been wiped out three times. I'm one of those who are simply not good enough to make it with these vehicles. As a result, my resources have been preserved and really enjoy much more leisure time nowadays.

O/T
WCC and PMHL recently decreased my wealth there but I am not a bit worried at all with holding those two stocks. Good luck to you and don't make your presence rare.

pp

[stegrego] 03/6/2010 22:35

No longer hold here as forced to sell to fund some t20 and spreadbetting shenanigans that i should never have done on WCC & PMHL.

Might try and get back in if i can jiggle the funds, but not sure i could hack any more disappointment at the moment.

Not that i think they wont list, just that luck seems to have turned against me in the last few weeks after very good run and i dont think i can chance any more.

Almost certain to go perfectly smoothly as i dont hold now!

GL all.

[longsight] 03/6/2010 15:47

"Almost 90 percent of the surveyed investors in Singapore said the property market is likely to perform well in the next 12 months"

Looks like CREO have done their homework in picking Singapore to list on.

[flip101] 03/6/2010 15:39

Thank you very much longsight.

[ppowerscourt] 02/6/2010 14:37

Hi All,

When listing in Singapore, will it be 1 for 1? TIA.

[longsight] 02/6/2010 07:33

Flip - no sarcasm intended - apologies if poorly expressed. I appreciate your post.