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Corporate takeovers
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Laulan
Master |
02-Jan-2009 09:21
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Is it? If no minimum is required then we cannot force anybody to give way to us to run the business. They will say they have more shares, more votes. If no minimum is required then you and me and a few friends can "gang" up and target one or many companies to take over management. Can consider this say 10 of us? Pick a cheap company. We are not going to strip the co of assets, but we can run/manage the firm/s for everybody's good. Do you think we can generate some good interests among fellow forumers to join force?
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samuel_ng
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01-Jan-2009 14:41
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There is no minimum %. You just have to know the people presently run/manage/control and talk to them. If you do not know anybody, you cannot do anything no matter how cash rich you are. Your friends will drift further and further away from you...
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SupremeA
Veteran |
01-Jan-2009 14:05
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Erm there are certain stages where u will be forced to make a takeover offer. Don't scrimp on lawyers fees serously | ||||
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des_khor
Supreme |
01-Jan-2009 13:25
Yells: "Tell me who is the God or MFT from this forum??" |
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Buy in slowly at low price first .... | ||||
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SupremeA
Veteran |
01-Jan-2009 12:50
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I think he should get a lawyer. If you get controlling stake usually got extra admin to do 1 | ||||
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Laulan
Master |
01-Jan-2009 10:12
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A friend of mine was asking me how he could go about to take over a listed company. There are so many cheap counters and this is quite tempting for cash rich people like him. But his knowledge of the market is not so good. He wants a business he himself can run/manage/control. What is the minimum % of the stock to own to enable him to comtemplate going into the company for control? Thanks. |
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