Trans-Cab offers 153m shares in IPO

[Equalisation]

Drivers from this mesti potong tak ?

 

[po2wq]

Drivers from this mesti potong tak ?

if, after potong, feeling lagi shiok, pergi potong la ... :o

 

[Equalisation]

if, after potong, feeling lagi shiok, pergi potong la ... :o

From trans pergi comfort boleh re-attached tak ?

 

[eErotica69]

Closing tomorrow at 12 noon. Anyone bid so far?

 

[JackyCheung]

Closing tomorrow at 12 noon. Anyone bid so far?

http://www.channelnewsasia.com/news/singapore/trans-cab-cancels-ipo/1477778.html

Taxi operator Trans-cab scraps IPO after finding out it faced additional insurance charges amounting to S$1.83 million.

SINGAPORE: Taxi operator Trans-cab Holdings has cancelled plans to list its shares on the Singapore Exchange, less than a week after it launched its initial public offering (IPO).

Trans-cab, which operates Singapore's second largest taxi fleet, decided to scrap the IPO after finding out it faced additional insurance charges amounting to S$1.83 million.

"The company was previously not aware that there was an additional insurance premium of S$1.83 million (inclusive of GST), which is to be invoiced by its insurer in the future," Trans-cab said in a statement on Monday (Nov 17). The premium adjustment by the insurer is based on cumulative accident claims against Trans-cab's taxi fleet.

Trans-cab said it needed time to evaluate the new information. As the IPO was scheduled to close at noon on Tuesday (Nov 18), the company felt it was best not to proceed with the IPO.

Trans-cab made a profit after tax of S$36.3 million for the financial year ended Dec 31, 2013.

- CNA/ac

 

[nutbush]

their management bo simi zai...

 

[STUCK_HERE]

i am buying to support the teo guy, think he deserved every sinkie support. someone with humble beginnings who worked with his bare hands to achieve his success today. respect!

so much for your teo guy..

 

[tonychat]

Same rules apply : stay away from anything sinkie.

 

[eErotica69]

Same rules apply : stay away from anything sinkie.

Then just fuck home to Malaysia. Bring your black chicken teerak along too. Pimp her in KL.

 

[tonychat]

Then just fuck home to Malaysia. Bring your black chicken teerak along too. Pimp her in KL.

Oh hello.. Did you check if your mother's chee buy is sore from fucking by your PAP master last night? You must be earning quite well.. Your mother love you very much.

 

[eErotica69]

Oh hello.. Did you check if your mother's chee buy is sore from fucking by your PAP master last night? You must be earning quite well.. Your mother love you very much.

Dun worry we pardon you .. We understand that your mother had a hard time in Malaysia..

 

[johnny333]

Have you just arrived?....you only need to go down to CDP if you do not have an account...if you have a broker...that will be taken care of as well......all of us have CDP accounts due to the Sing & Tell shares, many years back....many, I am sure have dormant CDP Account too..

Not many people are using their CDP account since the casinos were opened.

If you buy shares for dividens do note of the extra costs in Spore e.g. GST that is charged each time a dividen is given out.

 

[halsey02]

Not many people are using their CDP account since the casinos were opened.

If you buy shares for dividens do note of the extra costs in Spore e.g. GST that is charged each time a dividen is given out.

You shop around for good bargains, I bought some & collected dividends that are TE..tax exempted...rates was good. The same amount you place in the bank for Savings & FD, you get "mustard seed" payout.

 

[halsey02]

Closing tomorrow at 12 noon. Anyone bid so far?

No....you can be sure, if it is listed...it will be below par & before...the "horse" can get to run...the saddle fell off & had to be "scratched"...

 

[sleaguepunter]

No....you can be sure, if it is listed...it will be below par & before...the "horse" can get to run...the saddle fell off & had to be "scratched"...

Scratched better than DNF.

 

[bushtucker]

so much hoo ha, in the end IPO scrapped due to additional insurance charges.

 

[syed putra]

Airlines, ships, taxis all suffer from Depreciation and margins are not lucrative enough for dividends due to escalating cost of energy.