$DFIRG USD(D01.SI)$ if this yobghui deal goes thru dfi will have 1.2-1.3bln cash and 12k+-0stores. just ridiculously cheap now compared to the likes of walmart 7-11 costco. Sporeans just don't know how to value stocks. Better for jardine to privatise dfi like what they did with jardine strategic.
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- Warship·09-26Looking forward to recovery of their dividend payout, parent co will make sure of it. Without yonghui, not only will it avoid share of associate loss but save on interest (say 5% on usd 500m)LikeReport