Juken

Another takeover target? Looks good. What I hope is not the case is a takeover by share issue only by Frencken. Just pay cash, lah brother!

by way of  scheme arrangement.

The marriage is off. Juken stock is down sharply today.

The marriage is going to be announced????
trading halt today for Miss Juken & Mr Frencken. 

Announcing the marriage -- akan datang -- of Miss Juken and Mr Frencken.

18 cents a share for Juken shareholders.
Or 555 shares of Frencken.

Take your pick.  I take cash!!!

Juken has risen to 17.2 cents after the lifting of the trading halt.

Buyers at 17.2 stand to make 0.8 cents for waiting about 4 months (maximum) for the general offer to be made (after an EGM by Frencken the Offeror). The return is 0.8 dividend by 17.2 is 4.65%. On an annualised basis, the return is even higher at 4.65% x 3 = 14%.