Member Info for Del44

I would inform your broker indeed and clarify your position regarding drips... However you may not qualify as I am thinking you are not a named shareholder if it is paperless??? To qualify you need to be the named shareholder......but check with your broker on this matter...

Go to company website..click on reports...then click on reports and accounts On page 121 of the 2012 annual results you will find information on DRIPS.... Dividend Reinvestment Plan (DRIP) The Company offers a dividend reinvestment plan to registered shareholders as a cost-efficient way of increasing their shareholding by using cash dividends under a standing election to buy additional shares in the Company. The DRIP is administered by Capita IRG Trustees Ltd (“CIRGT”). CIRGT will instruct the broker to buy shares on the dividend payment date at the then current market price. Any cash left over which is insufficient to purchase a whole share will be carried forward and held, without interest, in a client money bank account. The DRIP commission charged to the shareholder is 1% of the purchase price of the shares, with a minimum charge of £2.50. This is exclusive of stamp duty reserve tax at 0.5% of the deal value. Should shareholders wish to participate in the DRIP, please contact the Registrar on 0871 664 0381 (calls cost 10p per minute plus network extras. Lines are open from 9am-5.30pm, Monday-Friday) or; if calling from overseas, + 44 20 8639 3402; alternatively you can email shares@capitaregistrars.com Hope that helps...

They do!! I got last years dividend in shares...

I think once you opt for DRIP it will not change unless you consent.. So unless you have made an alteration to your account it should be paid in DRIP... But it is a good question and worth getting financial advice on as I can not be 100% certain on this issue.. Good Luck and let me know if you hear anything for definite... Thanks..

There is without question a power struggle is beginning in earnest in the boardroom of CGH. The recent maneuvering by BEG to off load its stake to its subsidiary BEH is clear evidence the posturing is over. As a very good poster on another board (isfe0001) says...it ensures that the extra shares that would have gone to Wilmar..now go to FTO, which is in alliance with Minghiu through CGG. It will also push us closer to the associate status we are looking to get.. FTO have reversed our gas assets into CGH and it would look like BEH would like to do the same. But Minghiu may loose control of the company he part founded, just when the main profit drive is about to bare fruit.. Regarding the dividend....would not get to bothered about it as it may be a long way away....Nobody will buy into FTO until clarity is established in respect of MOFCOM decision. Then the clock starts...:) 7.81p reflects fair value in the market. Yes as a shareholder I think it is worth nearer 22p, but it is neither a discount nor a premium..

What are we getting for the half billion shares? We are buying the remaining 15% of gas asset that we did not own... So on completion of the deal we will get the total consideration and that will include any shares in CGH we wish to opt...

From the rns... The Special Dividend Subject to completion of the Fortune Gas Sale Agreement (as assigned and novated in the manner described above) and the Proposed Acquisition, the issuance of the new Ordinary Shares in connection with the Proposed Acquisition and the Loan Settlement and the passing of the Rule 9 Waiver resolution, the directors of the Company will recommend that the Company pay a special interim dividend of 2.36 pence per Ordinary Share to be paid to all shareholders of the Company (the "Special Dividend"). The Ordinary Shares to be issued in connection with the Proposed Acquisition and the Loan Settlement will not be entitled to the Special Dividend. The Company intends, subject to approval by the Panel, to send a circular to shareholders (the "Circular") providing information about the Proposed Acquisition, the Loan Settlement, the Special Dividend and members of the Concert Party and convening a general meeting of the Company at which the Rule 9 Waiver resolution and the payment of the Special Dividend will be put to a vote of the shareholders of the Company. The date of the general meeting of the Company has not yet been set but it will be held as soon as practicable. There are a number of hurdles to be crossed so difficult to say when.... Expect more information with the interim's due end of this month....it depends on all of the above been met.. But think the interim's should cast new light by then...

Like just now ...someone just sold half million for 8.50p.....but most likely they just bought half million for 8.50p as they could not get them on the offer side..They just upped the bid to 8.50p for half million and hey presto...job done..... But it comes through here as a sale.....:)

All I ever really pay any attention to is the bid price....How much can I get if I sell and how big the volumes are on the bid all time... Not bothered about the offer side to be honest... Buys and sells are of no real value as many on here and other boards will often testify to buying when it gets marked up in the sell column...

Thing is...this has been down to 7.20 recently and large volumes of sales have been off loaded. lots of time for investors to load up here below 8p... Should say only me reading of it...

Yesterdays rns was good news. There are a few hurdles to get over. I still see a large seller out there around these levels which I think will hinder any big movement upwards... This day next week I get my divi in shares, so am happy if no big rise for a week as stated below.. But the deal is very positive...when it goes through..:)

The Special Dividend Subject to completion of the Fortune Gas Sale Agreement (as assigned and novated in the manner described above) and the Proposed Acquisition, the issuance of the new Ordinary Shares in connection with the Proposed Acquisition and the Loan Settlement and the passing of the Rule 9 Waiver resolution, the directors of the Company will recommend that the Company pay a special interim dividend of 2.36 pence per Ordinary Share to be paid to all shareholders of the Company (the "Special Dividend"). The Ordinary Shares to be issued in connection with the Proposed Acquisition and the Loan Settlement will not be entitled to the Special Dividend. The Company intends, subject to approval by the Panel, to send a circular to shareholders (the "Circular") providing information about the Proposed Acquisition, the Loan Settlement, the Special Dividend and members of the Concert Party and convening a general meeting of the Company at which the Rule 9 Waiver resolution and the payment of the Special Dividend will be put to a vote of the shareholders of the Company. The date of the general meeting of the Company has not yet been set but it will be held as soon as practicable. There are a number of hurdles to be crossed so difficult to say when.... Expect more information with the interim's due end of this month Chris...

Looks like it.... We should get news shortly as well as interim results by months end Chris... But yeah...Looking good for a windfall.....:)

Wilmar owned 15% of gas asset. FDH is buying that stake for $60 million FTO is buying that asset from FDH through the issuing of new shares to FDH.. FDH is owned by Daniel Chieu who owns 37% of FTO.. By FTO issuing shares to Daniel Chieu (FDH) it would trigger rule 9 of take over panel..as he would then have near 55% So...we need to pass resolutions at general meeting and have the T/O panel waive the right to a full take over of FTO... Simple..:)

The Company has not yet been informed of when the Fortune Gas Sale Agreement might be approved by MOFCOM but has been told the process of application has been processing smoothly and efficiently. However, it might still take the Company some time to go through the normal handover procedures to complete the transaction even after MOFCOM approval and, as a consequence, the Company has considered how best to manage these circumstances, which has led to the proposals set out below. Further background is provided in the paragraph entitled 'Reasons for the proposals' below.

How so?

No simple answer to your question Buch....My own opinion....it is listed in the wrong geographic area... Investors in Asia would no doubt understand the business model and JVs it has and therefor would be more familiar with it... instead, it is is listed in London where no one really cares or is interested in what it is doing in China....

Not sure at the moment mate....Our interim results are due out at the end of this month...so could be an interim divi, but not sure....

Under the SPA, the Company has conditionally agreed to purchase from FDH the entire issued share capital of FDH's wholly-owned subsidiary, First Marvel, for a consideration of US$60 million (the "Proposed Acquisition"). The consideration payable by the Company for First Marvel will be satisfied by the issue to FDH of 500,266,580 new ordinary shares of 1 penny each in the share capital of the Company ("Ordinary Shares") at an issue price of 7.81 pence per Ordinary Share. The SPA is conditional upon, among other things, the passing of the Rule 9 Waiver resolution (as described below). So a half a billion new shares are to be issued @ 7.81p per share.........seems low to me.......

Proposed special interim dividend of 2.36 pence per Ordinary Share (the "Special Dividend") We are special after all...