Hafary

Shareholder Joshua Wu kindly shares the following pictures from Hafary's AGM held @ Wilkie Edge this morning :

Joshua, you were there at the AGM. Is the story good still? I sold out earlier, unfortunately & the share price is 10% higher.

The 1 - c dividend for 1Q 2015 is a sweet surprizze. y

Any takeaway from the AGM?

What is their plan for their building in Furniture Hub? Are they going to sell the units or holding it for rental?

Any update on how they are growing their business of supplying construction projects with tiles?

Val wrote: The 1 - c dividend for 1Q 2015 is a sweet surprizze. y

Now I know why the 1Q dividend.

It's gotta be related to this new announcement of a partial offer by Malaysian company to buy 51% of Hafary.
infopub.sgx.com/FileOpen/HSCB-Offer_Anno...cement&FileID=329988

It's a good pick at 21.5 cents now? Consider that partial offer is 24 c.

Why this lowest level since the partial offer announcement?
Buy 50 lots at 21.5 cents, the offer will pay you 24 cents for 25 lots. Remaining 25 lots you keep.