14 May '12, 2am

Juken and Frencken ask for trading halt this morning…..is the wait finally over

Juken and Frencken ask for trading halt this morning…..is the wait finally over ?! Monday, 14 May, 2012 9:52 AM Posted by Kevin Scully Both Juken and Frencken has asked for a trading halt this morning. In September 2011, both companies announced that they were involved in discussions that could lead to a merger via a scheme of arrangement. Since then both companies have been giving shareholders monthly updates that discussions are still on going. I dont know what the Trading Halt will lead to, ie whether the scheme will go through or discussions will be discontinued but I think that after eight to nine months – its good to bring some finality to the episode…… Keep a watch on whatever announcement they both make.

Full article: http://thefinance.sg/2012/05/14/juken-and-frencken-ask-fo...

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