Posted by Diamond7 > 2024-01-15 15:54 | Report Abuse

Can touch RM10.01?

Posted by dompeilee > 2024-01-15 15:58 | Report Abuse

Well well WELL!!!🤑💰💰💰😊 The first time ABOVE $5 since April 2005!!!

Posted by speakup > 2024-01-15 20:51 | Report Abuse

Buy rm5, sell rm10. A double bagger

Posted by dompeilee > 2024-01-16 08:44 | Report Abuse

I would peg the probability of this baby visiting the $6 mark or higher @ 62-38.

Posted by dompeilee > 2024-01-19 10:38 | Report Abuse

This one has stopped rising, but my dearest Kuchai is very strong & inching higher, as though whoever wanted to sell has already sold all !📈🤗

Posted by dompeilee > 2 months ago | Report Abuse

Who is/are these id iots selling 100 shrs continuously since 9:08 am???

Posted by Diamond7 > 2 months ago | Report Abuse

Up.sgain?
What is the latest news?

Posted by Diamond7 > 1 month ago | Report Abuse

TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : RELATED PARTY TRANSACTIONS SUNGEI BAGAN RUBBER COMPANY (MALAYA) BERHAD I. PROPOSED ACQUISITION; II. PROPOSED KDB EXEMPTION; AND III. PROPOSED KRCB EXEMPTION (COLLECTIVELY REFERRED TO AS THE "PROPOSALS")

Posted by Diamond7 > 1 month ago | Report Abuse

We refer to the announcements dated 29 December 2023, 28 February 2024, 1 March 2024 and 18 March 2024 in relation to the Proposals. Unless otherwise stated, the terms used herein shall have the same meaning as defined in the said announcements.



On behalf of the Board, AmInvestment Bank wishes to announce that Bursa Securities had vide its letter dated 22 March 2024 approved the listing and quotation of up to 27,519,500 new Shares to be issued pursuant to the Proposed Acquisition

Posted by speakup > 1 month ago | Report Abuse

limit up today?

Posted by Diamond7 > 1 month ago | Report Abuse

https://www.klsescreener.com/v2/news/view/1264191

Posted by Diamond7 > 1 month ago | Report Abuse

KDB shareholders entitled to Sg Bagan shares and existing Sg Bagan shareholders will now have exposure to a total of 4.76 million Great Eastern shares, which is roughly worth RM290 million based on Great Eastern’s closing price of S$17.78 last Thursday and exchange rate of 3.40 against the Singapore dollar.

At RM290 million, the value of the Great Eastern shares alone exceeds Sg Bagan’s market capitalisation of RM271.96 million.

Putting capital appreciation aside, Great Eastern also provides a consistent stream of dividend income to its shareholders. In the last three financial years, the insurer has doled out dividends per share of 60 to 65 Singapore cents.

Apart from Great Eastern, KDB shareholders would also gain exposure to Sg Bagan’s other investments, being two units of residential flats located in Mayfair, London valued at a total of RM73 million and Sg Bagan’s core business in the oil palm plantations that spans over 4,000 acres.

It is interesting to note that more may be in store for KDB shareholders in the future.

Posted by Diamond7 > 1 month ago | Report Abuse

CIRCULAR TO SHAREHOLDERS IN RELATION TO THE (I) PROPOSED ACQUISITION OF SUBSTANTIALLY ALL OF THE ASSETS AND LIABILITIES OF KUCHAI DEVELOPMENT BERHAD ("KDB") FOR A TOTAL CONSIDERATION OF UP TO RM275.47 MILLION, WHICH WILL BE SATISFIED THROUGH THE ALLOTMENT AND ISSUANCE OF UP TO 27,519,500 NEW ORDINARY SHARES IN SUNGEI BAGAN RUBBER COMPANY (MALAYA) BERHAD ("SG BAGAN") ("SHARES") ("CONSIDERATION SHARES") AT AN ISSUE PRICE OF RM10.01 PER CONSIDERATION SHARE ("PROPOSED ACQUISITION"); (II) PROPOSED EXEMPTION UNDER SUBPARAGRAPH 4.08(1)(A) OF THE RULES ON TAKE-OVERS, MERGERS AND COMPULSORY ACQUISITIONS ("RULES") TO KDB AND PERSONS ACTING IN CONCERT ("PACs") WITH IT FROM THE OBLIGATION TO UNDERTAKE A MANDATORY OFFER ("MO") FOR ALL THE REMAINING SHARES NOT ALREADY HELD BY THEM UPON COMPLETION OF THE PROPOSED ACQUISITION ("PROPOSED KDB EXEMPTION"); AND (III) PROPOSED EXEMPTION UNDER SUBPARAGRAPH 4.08(1)(A) OF THE RULES TO KLUANG RUBBER COMPANY (MALAYA) BERHAD ("KRCB") AND PACs WITH IT FROM THE OBLIGATION TO UNDERTAKE A MO FOR ALL THE REMAINING SHARES NOT ALREADY HELD BY THEM UPON COMPLETION OF THE PROPOSED DISTRIBUTION BY KDB OF ALL OF THE CONSIDERATION SHARES TO THE ENTITLED SHAREHOLDERS OF KDB WHOSE NAMES APPEAR IN THE RECORD OF DEPOSITORS OF KDB ON A DATE TO BE DETERMINED LATER BY WAY OF DIVIDEND-IN-SPECIE AND CAPITAL REDUCTION AND REPAYMENT ("PROPOSED KRCB EXEMPTION")

Posted by dompeilee > 1 month ago | Report Abuse

🤗 Resolution has a 98% chance of going through successfully!! Kuchai can aim for $2 before May 7th!

Posted by Diamond7 > 1 month ago | Report Abuse

Sbagan looks good
Moving up steadily!
Valued at RM10.01

Posted by Diamond7 > 1 month ago | Report Abuse

@dompeilee
Congrats!
Touch RM4.95

Strong...
Very strong!...

Posted by dompeilee > 1 month ago | Report Abuse

@Diamond7 Thanks! This one really try my patience also...2 1/2 years since I re-purchased it after it fell from $4.10 to $3.60+

Posted by dompeilee > 1 month ago | Report Abuse

TOPPPPP Gainer 2day...the 1st time since early Jan, beating out overhyped, far more expensive stocks like KLK & PetDag & defying the overwhelmingly bearish tone with almost 1,000 LO$ing stocks!😃

Posted by Diamond7 > 1 month ago | Report Abuse

Tmoro
Another new high!

Posted by TheContrarian > 1 month ago | Report Abuse

I will hold my SBagan until RM10.

Posted by Diamond7 > 1 month ago | Report Abuse

@Contrarian
Wah n wah!

Good luck!

More may be in store for SBagan shareholders after this!

"WE" hold till bonus issues are out!

Posted by Diamond7 > 1 month ago | Report Abuse

Will directors privatise Sg Bagan since most of the assets are parked here?” market observers are asking!

Posted by Diamond7 > 1 week ago | Report Abuse

Wa
Going to touch RM5.00

Got bonus issues or not later?
Privatise?

Posted by Diamond7 > 1 week ago | Report Abuse

When ex?

Posted by TheContrarian > 1 week ago | Report Abuse

No bonus issue, no privatization.

Posted by dompeilee > 6 days ago | Report Abuse

I've invested almost identical amounts in both Petronm & SBagan...now they're competing to see which can exceed $5 & stay there! Of course, my paper gain in the latter is much more than the former! 😉

Posted by Diamond7 > 5 days ago | Report Abuse

SINGAPORE: Singapore's second-largest bank Oversea-Chinese Banking Corp (OCBC) posted on Friday a better-than-expected 5% rise in first-quarter profit and made a S$1.4 billion ($1.04 billion) offer to take its insurer arm Great Eastern private.

OCBC, Great Eastern's biggest shareholder, offered a 37% premium over Great Eastern's last traded shares price to buy the 11.56% stake in the insurer that it does not currently own, valuing the insurer at S$12.12 billon.

It plans to delist Great Eastern from the Singapore bourse if the deal goes through.

OCBC, which is also Southeast Asia's No. 2 lender, forecast its net interest margin at the higher end of a 2.20% to 2.25% range for the full year. It had first provided the range in February

Posted by Diamond7 > 5 days ago | Report Abuse

Who owns Great Eastern?
Other than OCBC...

Kuchai SBagan or Kluang?

Posted by speakup > 5 days ago | Report Abuse

Kuchai, but all off it will go to Sbagan after the exercise

Posted by Diamond7 > 5 days ago | Report Abuse

SINGAPORE: Singapore's second-biggest lender, OCBC, unveiled a S$1.4 billion (US$1.04 billion) offer on Friday (May 10) to buy the remaining stake in insurer Great Eastern Holdings and delist the company.

OCBC, Great Eastern's biggest shareholder, said it would acquire the 11.56 per cent stake in the insurer that it does not currently own. If it goes through, the deal will give the lender full ownership of the firm.
The offer price of S$25.60 per share, a premium of 37 per cent, values Great Eastern at S$12.12 billion

Posted by TheContrarian > 5 days ago | Report Abuse

Not selling my SBagan until RM10.

Posted by TheContrarian > 5 days ago | Report Abuse

Just checked : Kuchai holds 3.03 million and SBagan holds 1.73 million shares in Great Eastern.

Posted by Diamond7 > 5 days ago | Report Abuse

Will SBagan privatise?

Will SBagan propose bonus is

Highly undervalue

Posted by TheContrarian > 5 days ago | Report Abuse

Most probably SBagan will pay out special dividend after OCBC completes the takeover of Great Eastern.

Posted by dompeilee > 5 days ago | Report Abuse

TRIPLE Jackpot for me! Great Eastern bought last yr Mar for S$17.52☝ Kuchai bought 64 lots since 2022 @ $1.78 avg incl margin interest✌ & SBagan bought 10 lots since 2015 @ $3.11 avg!💰💰💰

Posted by Diamond7 > 5 days ago | Report Abuse

Congrats @ Contrarian '
Speakup and Dompeilee

https://www.klsescreener.com/v2/news/view/1323039

HOT STOCK

Posted by TheContrarian > 4 days ago | Report Abuse

@Diamond7, I am sure you yourself have SBagan.

Posted by dompeilee > 2 days ago | Report Abuse

Great Eastern is trading 30c ABOVE the OCBC offer price 🤗

Posted by lionel messi > 2 days ago | Report Abuse

If OCBC don't up offer price, the proposal may fail. Then all will go back to sleep.

Posted by Diamond7 > 2 days ago | Report Abuse

Break resistance....
Strong..very strong!

Posted by bzeew > 2 days ago | Report Abuse

At stake is Sungei Bagan's 4.763 million shares in Great Eastern that has received a voluntary offer from Oversea-Chinese Banking Corp (OCBC). Sungei Bagan's equity in Great Eastern, equivalent to 1%, has a value of S$121.93 million, or RM426.88 million, based on the price offered by OCBC for an 11.56% stake it does not own in the Singapore-based insurer for S$1.4 billion (RM4.9 billion).

Posted by zildjian > 2 days ago | Report Abuse

all fives company semua kaki lang, jst sailang the king frm fives

Posted by speakup > 2 days ago | Report Abuse

Panic buying
Ppl just close eye and tikam buy

Posted by zildjian > 2 days ago | Report Abuse

the powered of 南益 Lee Rubber…

Posted by Diamond7 > 2 days ago | Report Abuse

Moving up non stop....
Chances are..
Deal will go through!

Posted by dompeilee > 2 days ago | Report Abuse

Over 1 million shares to be traded 2day! Only TWO other days in history where this has happened : 22 Nov 2010 & 12 Jan 2018!

Posted by zildjian > 2 days ago | Report Abuse

6.66 六六大顺

Posted by speakup > 2 days ago | Report Abuse

Devil stock!
Avoid!

Posted by Diamond7 > 2 days ago | Report Abuse

Tmoro..next day....n days to go...
Fly lagi.....
Finally reach RM10.01

Touch "the Contradian" forecast of RM 10
(Not selling my SBagan until RM10...from The Contradian)

Posted by dompeilee > 1 day ago | Report Abuse

Angel stock just touched a 19-year HIGH of $6.89!