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

Add To Watchlist

GREY:MSTUF - Post Discussion

MCS Steel Non-Voting DR > Major holders

View:

Post by TimeBuilder on Jan 24, 2017 9:02am

Major holders

NOT HAPPY with the current deal pricing..... See Today`s NR...Sorry unable to copy & paste. Time Will Tell, GLTA..TB

126

Comment

Comment by TimeBuilder on Jan 24, 2017 9:33am

retiredcf......FYI: we were reading the Bloomberg News report from 8;05 am Today..hope you can find it and copy...Thanks , TimeBuilder

Comment

Comment by retiredcf on Jan 24, 2017 10:16am

January 24, 2017, 5:00 AM EST Manulife, AGF portfolio managers unhappy with bid for landlord Agreement needs two-thirds shareholder approval to go through Shareholders representing at least 5.6 percent of Milestone Apartments Real Estate Investment Trust said a $1.3 billion takeover deal by Starwood Capital Group is too low. Starwood agreed to ...more

126

Comment

Comment by maypeters on Jan 29, 2017 11:27am

Thank you retiredCF. The buyout offer did look low and it looks like an internal deal for benefit of management and Starwood more than shareholders. At such a low payout ratio - they could have increased their dividends for a long time especially considering the savings on internalization . . . I think they were very smart and cunning to have such a big breakup fee to force ...more

105

Comment

MCS Steel Non-Voting DR