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Wednesday, August 26, 2020

Accordia Golf

Today during closing seems quite a big quantity buying up at 74.5 cents seems like something is brewing!


Tomorrow may be we can see her testing 75 cents then 76 cents!

Pls dyodd.



Hosey!
Revised higher offer price at $0.772 .

Looks like Tuesday trAding price likely to spike up !


So, the deal is about 78.5 cents! SWEE!

Pls dyodd.





Purchase Consideration
I
Pursuant to the terms of the Supplemental Deed:
(a) the purchase consideration to be received by the Trustee-Manager for the Proposed
Divestment has been increased from a fixed amount of JPY 61,800 million
(approximately S$804.1 million 1 ) to a fixed amount of JPY 65,200 million

(approximately S$848.4 million) (the “Revised Purchase Consideration”), an
increase of JPY 3,400 million (approximately S$44.2 million);

(b) the Revised Purchase Consideration does not include the sum of JPY 1.2 billion set
aside by the TK Operator as special reserves for operations as set out in the
unaudited consolidated financial results for FY2019/20 (the “Special Reserves”);


(c) the TK Operator shall be entitled to and will distribute the entire amount of the Special
Reserves to the existing TK Investors (including the Trustee-Manager), subject to any
applicable withholding tax and the Trustee-Manager is entitled to distribute such sums
received to the Unitholders2; and

(d) Accordia Golf shall be entitled to the distribution of cash by the TK Operator for the
period commencing from 1 April 2020 up to the Assignment Date (which is due to be

paid on or around 30 November 2020).

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