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Bullboard - Stock Discussion Forum MCS Steel Non-Voting DR MSTUF

M.C.S. Steel Public Company Limited is a Thailand-based steel fabricating company. The principal activities of the Company and its subsidiaries are production and distribution of structural steel products for building construction, and residential development projects for sale. It is a large steel structure manufacturer, especially steel beams and columns for the construction of large high-rise... see more

GREY:MSTUF - Post Discussion

MCS Steel Non-Voting DR > Just got the cash in the account for tendering of shares
View:
Post by maypeters on May 03, 2017 9:45pm

Just got the cash in the account for tendering of shares

Final numbers. 

$34,140.30 for 1,548 shares = $22.05 per share (whch should include the dividend).


See you all on the other boards and thank you internalized management for being greedy and in my opinion screwing the shareholders (with regards to the sale).
Comment by maypeters on May 03, 2017 9:47pm
TDW probably screwed me in the exchange rate - full dime off the closing price on last day (even with the dividend which may have been priced in). . 
Comment by junglejames on May 04, 2017 9:17am
the price was $22.236 per unit plus $.06897 dividend for a total of $22.3051;   a little bonus thanks to the diving dollar.
Comment by TimeBuilder on May 04, 2017 3:09pm
We DIDNOT tender any of our holdings...BUT.....All were with TDWB and the $22.054 Cash was in our accounts this morning. Do we expect a final Dividend ?? We certainly hope so ! Time Will Tell................Looking @ CUF & CAR as replacements but very difficult to find a replacement FOR our MST in sector......overweight on RUF but may buy a few more ...or ...even a few more of ...more  
Comment by maypeters on May 04, 2017 5:53pm
did not tender sounds about right - but the shares are gone from the account nevertheless.  Should they not have paid out the final dividend as part of the proceeds ? Hoping the dividend is still outstanding.  I just checked RUF and have close to 8,000 shares there. It hit a 52 week high today so looks like the Milestone refugees flush with cash were knowing on Pure Family REIT's ...more  
Comment by maypeters on May 04, 2017 5:57pm
TimeBuilder:  Sorry but looks like the dividend was already included.  From the press release:  In addition, the REIT today announced that an additional 5.041 U.S. cents per unit, which would otherwise be the monthly April distribution, will be included in the amounts payable on closing, such that the total liquidating distribution payable to unitholders will be $16.30041 (U.S ...more  
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