a little recap.
Seksun sold all their assets to Supernova.
The net sale proceeds is distributed to the shareholders.
Today, it starts trading at around $0.055.
Also, in the filing, is a suggestion that an additional $6m may be distributed.
http://info.sgx.com/webcoranncatth.nsf/ ... penelement
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It is currently estimated that the NAV of the Company as of the LPD
(excluding professional fees and all other costs and expenses that may be incurred or borne
by the Company) and after deducting the Estimated Operating Costs is approximately S$21
million. On this basis, the Company expects that it shall be entitled to make a Further Special
Distribution of approximately S$6 million.
==