General Magnetics (Delisted Counter)

by **behappyalways** » Tue Oct 05, 2010 1:48 pm

Shatec in $4m rental dispute

http://www.singaporelawwatch.sg/remweb/ ... medium=rss

by **behappyalways** » Mon Dec 06, 2010 11:37 am

I wrote an email to the company and they replied that the significant shareholder does not need to make an offer.....meaning there will be no offer.

by **behappyalways** » Mon Dec 06, 2010 9:53 pm

This company got around $30m net assets or $0.30 NTA with basically no debts so I think shareholders should be proactive now and exercise their rights.

Since an exit offer by the major shareholders is not forthcoming, we should all exercise our rights now as shareholders and start to ask more questions since we are going to be 'stuck' with this company, beginning by asking for lastest P/L, lastest updates and etc. I think all of us have emails that they could just one click and sent to all of us the lastest updates.

If they do not respect our rights as shareholders, I think we could seek legal justice.

The thing now is make us a fair exit offer or respect our rights as shareholders if you 'want' us to be in the company with you.

The email address of the company is [email protected]

http://www.valuebuddies.com/thread-96.html

by **behappyalways** » Wed Dec 19, 2012 4:56 am

http://www.genmag.com.sg/documents/GenM ... 121218.pdf

by **behappyalways** » Wed Feb 26, 2014 2:34 pm

NOTICE OF DIVIDEND

http://www.genmag.com.sg/documents/GenM ... 140225.pdf

http://www.genmag.com.sg/documents/GenM ... 140225.pdf

by **behappyalways** » Mon Mar 30, 2015 1:15 pm

Just got a cheque today from General Magnetics. $3 per lot

by **behappyalways** » Tue Jun 30, 2015 12:31 pm

(One concern is the build up on debts for investment. How good are they in this field?)

FY2014
http://www.genmag.com.sg/documents/Gene ... rt2014.pdf

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