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Forums > Home› Player Corner› Off Topic

Perfect World Announces Extraordinary General Meeting of Shareholders

UndefinedUndefined Member Posts: 54 Arc User
edited June 2015 in Off Topic
BEIJING, June 25, 2015 /PRNewswire/ -- Perfect World Co., Ltd. (PWRD) ("Perfect World" or the "Company"), a leading online game developer and operator based in China, today announced that it has called an extraordinary general meeting of shareholders (the "EGM"), to be held on July 28, 2015 at 10:00 a.m. (Hong Kong time), at the 42nd Floor, Edinburgh Tower, The Landmark, 15 Queen's Road, Central, Hong Kong, to consider and vote on, among other things, the proposal to authorize and approve the previously announced agreement and plan of merger, dated April 26, 2015


finance.yahoo.com/news/perfect-world-announces-extraordinary-general-134300337.html

Stock price hit it's lowest price ever about 4 hours ago.

http://finance.yahoo.com/q?s=PWRD
What's with people who put their Ilvl in their Signatures? They probably have a big gold chain and saggy pants too.
Post edited by zebular on

Comments

  • chrystlynnchrystlynn Member Posts: 14 Arc User
    3 day notice for an EGM in Hong Kong? Ouch.
  • sockmunkeysockmunkey Member Posts: 4,622 Arc User
    chrystlynn wrote: »
    3 day notice for an EGM in Hong Kong? Ouch.

    Last I checked, we are still in June. Not July.
  • drkbodhidrkbodhi Member, NW M9 Playtest Posts: 2,378 Arc User
    Still an "UH-OH" situation.
    ez0sf4K.png
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  • UnknownUnknown
    edited June 2015
    This content has been removed.
  • UndefinedUndefined Member Posts: 54 Arc User
    edited June 2015
    If a bunch of players left the game do you think that would affect stock price?
    Would it make buying the company cheaper? Or more expensive?

    Maybe they really are intentionally driving away players to lower the buyout price or to keep the already low price right where it's at.

    This could be a good thing. Once the buyout is complete maybe the game will get better.
    What's with people who put their Ilvl in their Signatures? They probably have a big gold chain and saggy pants too.
  • warpetwarpet Member Posts: 1,969 Arc User
    Undefined wrote: »
    BEIJING, June 25, 2015 /PRNewswire/ -- Perfect World Co., Ltd. (PWRD) ("Perfect World" or the "Company"), a leading online game developer and operator based in China, today announced that it has called an extraordinary general meeting of shareholders (the "EGM"), to be held on July 28, 2015 at 10:00 a.m. (Hong Kong time), at the 42nd Floor, Edinburgh Tower, The Landmark, 15 Queen's Road, Central, Hong Kong, to consider and vote on, among other things, the proposal to authorize and approve the previously announced agreement and plan of merger, dated April 26, 2015


    finance.yahoo.com/news/perfect-world-announces-extraordinary-general-134300337.html

    Stock price hit it's lowest price ever about 4 hours ago.

    http://finance.yahoo.com/q?s=PWRD

    btw the price never went under 19$ so its not lowest price ever ,around 8 is lowest ever and 15$ this year

    google.com/finance?cid=717303 here is 5 years price of stocks
  • AdmiralThraxAdmiralThrax Member Posts: 26 Arc User
    Regardless of the outcome, the company (and the game) is actually in a good position financially. Trends change, and the reasons for taking something private are multiple. In the realm of MMO's run by public companies, having to reveal user data may not always be in the companies interest, and going private may be a good move.

    As for 3 days notice, the legal notification requirements for company's in HK are different than corporate entities in the US.
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  • lewstelamon01lewstelamon01 Member Posts: 7,415 Arc User
    Somewhat more detailed information here, but from the looks of it, there's no changes forthcoming to management.
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