Golden Energy & Res

SINGAPORE PROPERTY

Wah Loon Engineering founder’s family sells Jervois Hill GCB for S$58 million

The proposed deal for the coal mine includes an upfront cash payment of US$1.05 billion at the time of its completion.

Consortium led by Gear seeks private credit for mine deal: sources

Following the completion of compulsory acquisition, Gear will become a wholly-owned subsidiary of Duchess Avenue.

Golden Energy and Resources’ offeror exercises right of compulsory acquisition

The exit offer closes at 5.30 pm on on Aug 15.

Golden Energy exit offer receives valid acceptances of 97.21%, closes on Aug 15

Sias lamented in a March commentary that the "ridiculous lowball" offers foment investor resentment and mistrust in the local market.
MARK TO MARKET

Investor activism may be key to reviving market

The resolution to delist received a 99.91 per cent approval; the distribution resolution passed with 99.89 per cent approval.

Golden Energy’s plans to delist and exit thermal coal business win majority votes at EGM

EGM registration is necessary to ensure that shareholders are able to vote on two critical resolutions – a distribution in specie of Gem shares, and the delisting of Gear, says Sias chief David Gerald.

Sias calls for Gear minority shareholders to ‘vote wisely’ at EGM; says IFA justifications subjective

Golden Energy and Resources' independent financial advisor has defended its valuation methodology as one that takes a more complete picture of Golden Energy Mines.

Golden Energy and its IFA hit back at criticism of opinion and valuation methodologies

Sias has recommended that Golden Energy and Resources' minority shareholders reject the exit offer by its controlling shareholders.

Stocks to watch: Olam, Golden Energy and Resources, Challenger Technologies

David Gerald, president of Sias, says that the IFA has conflated the two corporate actions of the exit offer and the distribution of Golden Energy Mines shares to the detriment of minority shareholders.

Sias recommends Golden Energy and Resources shareholders reject exit offer