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Old 25-10-2007, 08:54 AM
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OK for Oculus ..ST.Times 24 oct..even though.

quote="sporeguy"]Today's Straits Times indicated that both Oculus and Aretae have the same director and that Oculus might have paid too high a price for the RTO[/quote]..possible..the directors involved hve to abstained from voting...Dr Soh from Jade also cross acquire his related cos but abstain from voting



RTO is on a domestic co not like Banjoo..related with PRC no guarantee ..can be terminated according to their whims and fancies...unless there is an adverse change in circumstances for offeror and offeree or major sh holders object which is unlikely as Oculus after selling optical biz has nothing left..the carbon emission is the"in-thing' for 21st Century...environmental concern..under the Treaty signed btw many industralised countries
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