Quote Originally Posted by BlackPeter View Post
True. 2.5% of all issued shares.

According to the last annual report there are only 2 shareholders who could sell such a large parcel:

  • CDL Hotels holding (which belongs to MCK International which belongs to CDL Singapore which belongs to the Kwek family)
  • Aberdeen Standard.


Unlikely CDL sold some, which leaves only Aberdeen Standard (it seems to be their job in the team anyway to keep the price down). Question is - who bought?

Start of a full takeover?
Aberdeen standard have sold a bunch of their CDL holdings this year, so seems likely it's them.