Saturday 14 March 2015

Free Money??!?? Kepland & Kepcorp

The takeover of Kepland by its parent KepCorp is as good as a confirm signal given

Aim
To own 90% of Kepland by 12th Mar 5pm to be able to privatise Kepland.

Brief Timeline of events
12th Mar before 5pm announce 80.8% owned
12th Mar 5pm announce Extension of closing date to 26th Mar
13th Mar after 5pm announce 85.6% owned.

13th Mar to 26th Mar (2 weeks)

Current market price 4.56-4.57
If Kepcorp is to own 90% by 26Mar 5pm (2weeks for 4.3%),
buyback price to investor will be 4.60

Free Money??!??

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