SC Global

SC Global: co requested for a halt pending release of an announcement. No hint of what it could be about. We mentioned previously that there were rumors about possible privatization , but we can't confirm anything at this stage. An alternate view from DMG awhile back relates to Wheelock divesting its shares in SC Global (to pave the way for Wheelock's own privatization), following the passing of its CEO and MD David Lawrence. We note that controlling sh/h Simon Cheong owns 54.8% of SC Global shares, and would be able to acq Wheelock's stake without trigger a general offer.