ktsk88Hope the Mgmt announced that the amendment to the company QA approval without the 75% voting rights.....................and the QA can pass through..................since Stag side haven't cancel the deals yet and no further announcement filing to both country Stock Exchange so far.
Hope SOna is the 2nd SPAC to be permanently listed after Hibiscus.
TheContrarianCannot amend the 75% QA approval, it's a rule set by SC.
harta999normally it would take how long for member voluntary winding?
TheContrarianYou will get back 99% of your money in about 3 months after the commencement of winding up and the balance about a year later.
meegorengakhan1717, i attended both egm and been holding the shares for years. Despite the credentials n impressive profiles of the management team (even with the chairman of rhb cap on board), it has been a big big letdown thus far.....
harta9991st tranche perhaps in 3 months time.. but i dont think will distribute 99% cos certain areas not easy to get clearance in 3 months time..
TheContrarian99% from the money held in trust which is net of tax is possible because there's over RM500 million. Liquidation costs wouldn't exceed RM5 million. I am a liquidator. Maybe you guys should nominate me for the job. :-)