Sun Biz will hold 105,700,000 shares of SNMD.
With a simple maths calculation, thats abt 15 cts per share of Sun Biz.
Currently traded at 8cts, worth a look at this company. Details analysis will be released in the meantime.
Following the completion, the Company will hold 13,098,320 shares of SNM’s common stock,
representing approximately 13.29% of SNM’s enlarged share capital. Sun Media Investment Holdings
Limited (“SMIH”), who holds 105,700,000 SBN shares (approximately 13.55% of the Company’s issued
share capital), is a majority shareholder of SNM holding 33,733,869 shares of SNM’s common stock
(approximately 34.21% of SNM’s enlarged share capital).
SNM (ticker: SNMD) was last traded on 20 April 2006 at US$5.95 per share. The Company’s holdings in
SNM, based on the last traded price, is worth US$77.9 million (approximately S$124.64 million)
With a simple maths calculation, thats abt 15 cts per share of Sun Biz.
Currently traded at 8cts, worth a look at this company. Details analysis will be released in the meantime.
Following the completion, the Company will hold 13,098,320 shares of SNM’s common stock,
representing approximately 13.29% of SNM’s enlarged share capital. Sun Media Investment Holdings
Limited (“SMIH”), who holds 105,700,000 SBN shares (approximately 13.55% of the Company’s issued
share capital), is a majority shareholder of SNM holding 33,733,869 shares of SNM’s common stock
(approximately 34.21% of SNM’s enlarged share capital).
SNM (ticker: SNMD) was last traded on 20 April 2006 at US$5.95 per share. The Company’s holdings in
SNM, based on the last traded price, is worth US$77.9 million (approximately S$124.64 million)
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