I think, if most shartfall was obtained by Allied Properties Resources Limited and their current shopping spree (RAB Special Situations (Master) Fund Limited might be dumping its shares, due to they financial situation) APRL might be eliagiable for more 2 to 1 shares.
Substantial Shareholders List Date of Change Shareholder Name Shareholding % Shares Held 28/09/2007 Sun Hung Kai Investment Services Ltd 75,000,000 8.83 02/01/2008 RAB Special Situations (Master) Fund ltd 96,050,500 8.14 08/09/2008 Allied Properties Resources Limited 190,000,000 16.10
APRL - COMPANY DESCRIPTION Allied Properties (H.K.) Limited, together with its subsidiaries, is primarily engaged in property investment, property development, hospitality-related activities and financial services. The Company is a subsidiary of Allied Group Limited. Its interests in property investment and development, and hospitality-related activities in Hong Kong are mainly held through its wholly owned subsidiaries or the 50%-owned Allied Kajima Limited, and in The People's Republic of China are held through Tian An China Investments Company Limited. The Company's financial services business is mainly conducted through its 58.64% holding in Sun Hung Kai & Co. Limited. The Company's segments include investment, broking and finance; Consumer finance; Healthcare; property rental, hotel operations and management services, and sales of properties and property-based investments. KEY INFORMATION Industry Construction Services Revenues 5.60bn Net Income 2.25bn
DYOR NJ
TAM Price at posting:
0.8¢ Sentiment: Hold Disclosure: Held