SC Global / Wheelock

SC Global / Wheelock: Wheelock resumed open market purchases of SC Global shares yday, buying 2.1m shares at btwn $1.815 - 1.82. Recall Wheelock is the 2nd largest sh/h of SC Global, with 16% stake . Wheelock's last open market purchase of SC Global shares sparked speculation that Simon Cheong might be forced to raise his voluntary offer for SC Global shares from the current $1.80/sh, though Simon Cheong had put that speculation to rest saying he does not intend to revise the offer price.