Notice of the Delisting Tender Offer to Common Shareholders of Keppel Philippines Holdings, Inc. (“KPHI” or the “Company”)

Notice of Delisting Tender Offer A Comprehensive Guide for Psychologists

As a psychologist, you may be wondering how this notice relates to your profession. While it may seem unrelated at first glance, understanding the concept of delisting tender offers can have practical applications in your work with clients. In this guide, we will walk you through the process of understanding and navigating the notice, using clear language and examples to make it accessible to psychologists.

What is a Delisting Tender Offer?

A delisting tender offer is a rare event where a company offers to buy back its own shares from shareholders at a price that is below the market value. This can happen when a company's shares are no longer trading on an exchange, or when there are regulatory issues with the company's listing.

Why Should Psychologists Care?

As psychologists, you may encounter clients who are affected by delisting tender offers. For instance

A client who is a shareholder of Keppel Philippines Holdings, Inc. (KPHI) may be considering what to do with their shares.
A client who is an employee of KPHI may be concerned about the potential impact on their job security.

Understanding the process of delisting tender offers can help you better support your clients in these situations. In this guide, we will provide a step-by-step explanation of the process, using examples and tips to make it easier to understand.

Step 1 Understand the Notice

The first step is to read and understand the notice carefully. The notice should provide information on the following

The reason for the delisting tender offer (e.g., regulatory issues)
The price at which KPHI is willing to buy back its shares
The deadline by which shareholders must submit their shares
Any conditions or restrictions that apply

Example

Notice of Delisting Tender Offer

Keppel Philippines Holdings, Inc. (“KPHI” or the “Company”) hereby gives notice that it intends to delist its common shares from trading on the Philippine Stock Exchange (PSE). The Company is offering to purchase its own shares at a price of P10 per share.

Shareholders must submit their shares by March 31, 2023, to be eligible for the offer. The offer is subject to certain conditions and restrictions, including a requirement that shareholders surrender their shares to the Company's registered agent.

Tips

Read the notice carefully and take note of the deadline.
Verify the information provided in the notice with other sources (e.g., news articles).
Consider seeking professional advice from a financial advisor or lawyer if you are unsure about what to do.

Step 2 Determine Your Next Course of Action

Once you have understood the notice, it's time to determine your next course of action. This will depend on your individual circumstances and goals. Some options to consider include

Accepting the offer and selling your shares.
Holding onto your shares in the hope that the price will increase.
Seeking professional advice from a financial advisor or lawyer.

Example

Let's say you are a shareholder of KPHI who has been holding onto your shares for some time. You are unsure what to do with them, given the delisting tender offer. You might consider seeking professional advice from a financial advisor or lawyer to help you make an informed decision.

Tips

Take your time and don't rush into a decision.
Consider your goals and risk tolerance when deciding what to do.
Seek professional advice if you are unsure about any aspect of the process.

Step 3 Follow Up with KPHI

After determining your next course of action, it's essential to follow up with KPHI to ensure that you are taking the correct steps. This may involve

Submitting a request for more information or clarification on certain aspects of the offer.
Providing documentation or proof of ownership to verify your shares.
Confirming the receipt of your submitted shares.

Example

Let's say you have decided to accept the delisting tender offer and sell your shares. You will need to follow up with KPHI to confirm that your shares are being processed correctly.

Tips

Keep a record of all correspondence and interactions with KPHI.
Verify the status of your shares regularly to ensure that they are being processed as expected.
Seek professional advice if you have any concerns or questions about the process.

Conclusion

Delisting tender offers can be complex and confusing, but by following this comprehensive guide, you can better support your clients who are affected by these events. Remember to stay informed, seek professional advice when necessary, and prioritize your own goals and risk tolerance.

Disclaimer*

This guide is intended for informational purposes only and should not be considered legal or financial advice. It's essential to consult with a qualified professional before making any decisions related to the delisting tender offer.

By following this comprehensive guide, you can better support your clients who are affected by delisting tender offers.

Edward Lance Arellano Lorilla

CEO / Co-Founder

Enjoy the little things in life. For one day, you may look back and realize they were the big things. Many of life's failures are people who did not realize how close they were to success when they gave up.