GEAR

GEAR's shareholders vote to delist company at EGM - THE EDGE SINGAPORE

Delistings

GEAR's shareholders vote to delist company at EGM

At an extraordinary general meeting (EGM) on June 9, the resolution to delist was passed with 99.89% approval.
Independent advisor for GEAR's privatisation deal refutes criticisms from investors' association - THE EDGE SINGAPORE

Company in the news

Independent advisor for GEAR's privatisation deal refutes criticisms from investors' association

The offer has been criticised by some parties for undervaluing GEAR
SIAS urges GEAR's board to revise privatisation offer - THE EDGE SINGAPORE

Offer

SIAS urges GEAR's board to revise privatisation offer

"Shareholders feel that what is on the table is too low to be remotely described as fair to minorities"

Results

Golden Energy FY2022 earnings surge by 522.4%; maintains cautious outlook pending privatisation offer

This deal – the latest in a spate of privatization offers in recent years – has attracted the attention of SGX RegCo.

Equity raising

GEAR plans to raise $86.9 million via placement a week after reporting record earnings

A week earlier, GEAR announced record earnings of US$251.3 million for FY2021, up 629%

Results

GEAR share price drops as much as 9.46% on opening despite record FY2021 earnings

As at 9.56 am, GEAR shares traded at 34 cents.

Results

GEAR reports record FY2021 earnings

The company will not be paying a dividend for FY2021 as it wants to acquire other mines

Results

Golden Energy and Resources to report "significant improvement" in 1HFY2021 earnings

The company's share price is up 117% year to date.
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