Highlights
KLSE: MAA (1198)       MAA GROUP BHD MAIN : Finance
Last Price Today's Change   Day's Range   Trading Volume
0.765   -0.005 (0.65%)  0.765 - 0.775  31,500
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Ann. Date Details of Changes View
From To Type No. of Shares Min Price Max Price Total Amount
18-Nov-2019 18-Nov-2019 18-Nov-2019 Buyback 20,000 0.770 0.770 15,518.56 View Detail
23-Oct-2019 23-Oct-2019 23-Oct-2019 Buyback 22,000 0.790 0.790 17,513.76 View Detail
11-Oct-2019 11-Oct-2019 11-Oct-2019 Buyback 11,900 0.800 0.800 9,593.41 View Detail
10-Sep-2019 10-Sep-2019 10-Sep-2019 Buyback 82,900 0.840 0.840 70,169.79 View Detail
19-Aug-2019 19-Aug-2019 19-Aug-2019 Buyback 19,600 0.825 0.825 16,294.70 View Detail
06-Aug-2019 06-Aug-2019 06-Aug-2019 Buyback 20,000 0.810 0.810 16,324.89 View Detail
31-Jul-2019 31-Jul-2019 31-Jul-2019 Buyback 35,000 0.835 0.835 29,449.64 View Detail
17-Oct-2016 17-Oct-2016 17-Oct-2016 Buyback 600,000 0.950 0.950 572,193.86 View Detail
29-Sep-2016 29-Sep-2016 29-Sep-2016 Buyback 350,000 0.970 0.970 340,887.57 View Detail
28-Sep-2016 28-Sep-2016 28-Sep-2016 Buyback 60,900 0.965 0.965 59,219.97 View Detail
21-Sep-2016 21-Sep-2016 21-Sep-2016 Buyback 400,000 0.975 0.975 391,564.22 View Detail
20-Sep-2016 20-Sep-2016 20-Sep-2016 Buyback 126,900 0.940 0.940 119,823.27 View Detail
09-Sep-2016 09-Sep-2016 09-Sep-2016 Buyback 228,700 0.985 0.985 226,257.51 View Detail
08-Sep-2016 08-Sep-2016 08-Sep-2016 Buyback 433,400 0.975 0.990 429,549.11 View Detail
07-Sep-2016 07-Sep-2016 07-Sep-2016 Buyback 462,700 0.985 0.990 458,528.81 View Detail
05-Sep-2016 05-Sep-2016 05-Sep-2016 Buyback 580,000 0.945 0.960 555,397.32 View Detail
02-Sep-2016 02-Sep-2016 02-Sep-2016 Buyback 1,163,000 0.930 0.950 1,105,646.98 View Detail
01-Sep-2016 01-Sep-2016 01-Sep-2016 Buyback 1,717,000 0.930 0.950 1,617,413.50 View Detail
30-Aug-2016 30-Aug-2016 30-Aug-2016 Buyback 140,300 0.915 0.935 130,558.58 View Detail
26-Aug-2016 26-Aug-2016 26-Aug-2016 Buyback 1,474,600 0.930 0.950 1,401,087.05 View Detail
25-Aug-2016 25-Aug-2016 25-Aug-2016 Buyback 762,500 0.915 0.935 705,990.25 View Detail
24-Aug-2016 24-Aug-2016 24-Aug-2016 Buyback 195,600 0.895 0.900 176,262.58 View Detail
23-Aug-2016 23-Aug-2016 23-Aug-2016 Buyback 239,000 0.880 0.880 211,255.71 View Detail
29-Jul-2016 29-Jul-2016 29-Jul-2016 Buyback 1,278,000 0.975 0.990 1,261,509.68 View Detail
28-Jul-2016 28-Jul-2016 28-Jul-2016 Buyback 893,000 0.965 0.980 874,099.85 View Detail
27-Jul-2016 27-Jul-2016 27-Jul-2016 Buyback 818,200 0.935 0.960 777,088.93 View Detail
26-Jul-2016 26-Jul-2016 26-Jul-2016 Buyback 714,500 0.875 0.920 644,137.09 View Detail
25-Jul-2016 25-Jul-2016 25-Jul-2016 Buyback 485,000 0.860 0.870 419,537.74 View Detail
22-Jul-2016 22-Jul-2016 22-Jul-2016 Buyback 606,000 0.845 0.860 517,041.02 View Detail
21-Jul-2016 21-Jul-2016 21-Jul-2016 Buyback 336,000 0.835 0.850 285,079.44 View Detail
20-Jul-2016 20-Jul-2016 20-Jul-2016 Buyback 304,000 0.810 0.840 253,982.23 View Detail
26-Apr-2016 26-Apr-2016 26-Apr-2016 Buyback 270,000 0.980 0.985 266,240.37 View Detail
25-Apr-2016 25-Apr-2016 25-Apr-2016 Buyback 116,000 0.975 0.980 113,737.67 View Detail
20-Apr-2016 20-Apr-2016 20-Apr-2016 Buyback 10,000 0.970 0.970 9,774.77 View Detail
19-Apr-2016 19-Apr-2016 19-Apr-2016 Buyback 170,800 0.960 0.970 166,318.70 View Detail
18-Apr-2016 18-Apr-2016 18-Apr-2016 Buyback 233,200 0.970 0.970 227,195.27 View Detail
13-Apr-2016 13-Apr-2016 13-Apr-2016 Buyback 196,200 0.960 0.965 189,790.52 View Detail
12-Apr-2016 12-Apr-2016 12-Apr-2016 Buyback 61,700 0.950 0.960 59,470.17 View Detail
11-Apr-2016 11-Apr-2016 11-Apr-2016 Buyback 217,600 0.960 0.960 209,826.72 View Detail
08-Apr-2016 08-Apr-2016 08-Apr-2016 Buyback 65,700 0.955 0.955 63,225.51 View Detail
07-Apr-2016 07-Apr-2016 07-Apr-2016 Buyback 229,000 0.960 0.960 220,809.01 View Detail
06-Apr-2016 06-Apr-2016 06-Apr-2016 Buyback 352,000 0.955 0.960 338,207.03 View Detail
05-Apr-2016 05-Apr-2016 05-Apr-2016 Buyback 20,000 0.955 0.955 19,247.55 View Detail
04-Apr-2016 04-Apr-2016 04-Apr-2016 Buyback 175,000 0.950 0.960 168,404.45 View Detail
31-Mar-2016 31-Mar-2016 31-Mar-2016 Buyback 100,000 0.940 0.940 94,721.73 View Detail
30-Mar-2016 30-Mar-2016 30-Mar-2016 Buyback 182,200 0.940 0.940 172,039.10 View Detail
29-Mar-2016 29-Mar-2016 29-Mar-2016 Buyback 136,800 0.940 0.940 129,170.82 View Detail
22-Feb-2016 22-Feb-2016 22-Feb-2016 Buyback 29,000 0.940 0.940 27,470.04 View Detail
19-Feb-2016 19-Feb-2016 19-Feb-2016 Buyback 123,000 0.940 0.940 116,140.44 View Detail
18-Feb-2016 18-Feb-2016 18-Feb-2016 Buyback 230,000 0.940 0.940 217,156.27 View Detail
17-Feb-2016 17-Feb-2016 17-Feb-2016 Buyback 384,900 0.940 0.940 363,271.61 View Detail
16-Feb-2016 16-Feb-2016 16-Feb-2016 Buyback 413,200 0.940 0.950 392,620.39 View Detail
02-Feb-2016 02-Feb-2016 02-Feb-2016 Buyback 89,000 0.900 0.900 80,715.91 View Detail
29-Jan-2016 29-Jan-2016 29-Jan-2016 Buyback 141,300 0.900 0.900 127,742.85 View Detail
27-Jan-2016 27-Jan-2016 27-Jan-2016 Buyback 162,400 0.900 0.900 146,818.27 View Detail
18-Jan-2016 18-Jan-2016 18-Jan-2016 Buyback 41,000 0.880 0.880 36,357.95 View Detail
15-Jan-2016 15-Jan-2016 15-Jan-2016 Buyback 146,400 0.880 0.885 130,088.46 View Detail
15-Dec-2015 15-Dec-2015 15-Dec-2015 Buyback 100,000 0.910 0.910 91,698.70 View Detail
04-Dec-2015 04-Dec-2015 04-Dec-2015 Buyback 46,500 0.855 0.900 41,717.41 View Detail
03-Dec-2015 03-Dec-2015 03-Dec-2015 Buyback 200,000 0.855 0.855 171,769.16 View Detail
02-Dec-2015 02-Dec-2015 02-Dec-2015 Buyback 162,300 0.855 0.855 139,390.91 View Detail
19-Oct-2015 19-Oct-2015 19-Oct-2015 Buyback 138,000 0.745 0.750 103,522.91 View Detail
23-Sep-2015 23-Sep-2015 23-Sep-2015 Buyback 24,200 0.705 0.705 17,192.94 View Detail
01-Sep-2015 01-Sep-2015 01-Sep-2015 Buyback 288,100 0.725 0.730 210,815.02 View Detail
28-Aug-2015 28-Aug-2015 28-Aug-2015 Buyback 1,002,000 0.710 0.715 714,611.30 View Detail
27-Aug-2015 27-Aug-2015 27-Aug-2015 Buyback 414,100 0.695 0.710 292,081.29 View Detail
26-Aug-2015 26-Aug-2015 26-Aug-2015 Buyback 865,000 0.690 0.695 601,915.46 View Detail
25-Aug-2015 25-Aug-2015 25-Aug-2015 Buyback 340,000 0.680 0.690 234,631.19 View Detail
24-Aug-2015 24-Aug-2015 24-Aug-2015 Buyback 717,400 0.680 0.690 492,330.11 View Detail
21-Aug-2015 21-Aug-2015 21-Aug-2015 Buyback 283,000 0.705 0.710 201,350.08 View Detail
20-Aug-2015 20-Aug-2015 20-Aug-2015 Buyback 91,500 0.705 0.710 65,242.78 View Detail
19-Aug-2015 19-Aug-2015 19-Aug-2015 Buyback 196,500 0.705 0.710 139,373.01 View Detail
18-Aug-2015 18-Aug-2015 18-Aug-2015 Buyback 128,000 0.685 0.695 89,256.52 View Detail
17-Aug-2015 17-Aug-2015 17-Aug-2015 Buyback 108,000 0.685 0.690 75,049.16 View Detail
14-Aug-2015 14-Aug-2015 14-Aug-2015 Buyback 1,056,100 0.700 0.710 745,553.30 View Detail
12-Aug-2015 12-Aug-2015 12-Aug-2015 Buyback 630,900 0.695 0.710 447,236.79 View Detail
11-Aug-2015 11-Aug-2015 11-Aug-2015 Buyback 200,000 0.715 0.715 143,643.21 View Detail
10-Aug-2015 10-Aug-2015 10-Aug-2015 Buyback 535,000 0.710 0.720 384,707.33 View Detail
29-Jul-2015 29-Jul-2015 29-Jul-2015 Buyback 300,000 0.725 0.730 218,521.03 View Detail
10-Feb-2015 10-Feb-2015 10-Feb-2015 Buyback 381,000 0.675 0.680 258,720.62 View Detail
09-Feb-2015 09-Feb-2015 09-Feb-2015 Buyback 15,000 0.675 0.675 10,199.79 View Detail
05-Feb-2015 05-Feb-2015 05-Feb-2015 Buyback 300,000 0.680 0.680 204,873.20 View Detail
30-Jan-2015 30-Jan-2015 30-Jan-2015 Buyback 69,500 0.670 0.670 46,905.36 View Detail
29-Jan-2015 29-Jan-2015 29-Jan-2015 Buyback 69,700 0.665 0.665 46,689.51 View Detail
26-Jan-2015 26-Jan-2015 26-Jan-2015 Buyback 99,400 0.670 0.670 67,084.57 View Detail
23-Jan-2015 23-Jan-2015 23-Jan-2015 Buyback 82,700 0.670 0.670 55,814.08 View Detail
21-Jan-2015 21-Jan-2015 21-Jan-2015 Buyback 398,400 0.660 0.660 264,011.72 View Detail
20-Jan-2015 20-Jan-2015 20-Jan-2015 Buyback 11,200 0.660 0.660 7,446.57 View Detail
19-Jan-2015 19-Jan-2015 19-Jan-2015 Buyback 191,600 0.655 0.655 126,038.14 View Detail
12-Jan-2015 12-Jan-2015 12-Jan-2015 Buyback 584,000 0.660 0.675 392,888.41 View Detail
06-Jan-2015 06-Jan-2015 06-Jan-2015 Buyback 116,000 0.655 0.665 77,329.45 View Detail
18-Dec-2014 18-Dec-2014 18-Dec-2014 Buyback 150,000 0.675 0.680 102,092.47 View Detail
16-Dec-2014 16-Dec-2014 16-Dec-2014 Buyback 167,000 0.640 0.650 107,994.15 View Detail
15-Dec-2014 15-Dec-2014 15-Dec-2014 Buyback 212,000 0.630 0.645 135,902.16 View Detail
12-Dec-2014 12-Dec-2014 12-Dec-2014 Buyback 518,000 0.655 0.680 346,950.12 View Detail
10-Dec-2014 10-Dec-2014 10-Dec-2014 Buyback 199,100 0.630 0.635 126,452.35 View Detail
20-Oct-2014 20-Oct-2014 20-Oct-2014 Buyback 79,100 0.625 0.630 50,117.35 View Detail
16-Oct-2014 16-Oct-2014 16-Oct-2014 Buyback 320,000 0.610 0.620 197,518.03 View Detail
14-Oct-2014 14-Oct-2014 14-Oct-2014 Buyback 280,000 0.615 0.630 176,568.19 View Detail
19-Sep-2014 19-Sep-2014 19-Sep-2014 Buyback 100,000 0.665 0.680 68,093.88 View Detail
25-Nov-2019 18-Nov-2019 18-Nov-2019 Buyback 20,000 0.770 0.770 15,518.56 View Detail
31-Oct-2019 23-Oct-2019 23-Oct-2019 Buyback 22,000 0.790 0.790 17,513.76 View Detail
22-Oct-2019 11-Oct-2019 11-Oct-2019 Buyback 11,900 0.800 0.800 9,593.41 View Detail
20-Sep-2019 10-Sep-2019 10-Sep-2019 Buyback 82,900 0.840 0.840 70,169.79 View Detail
23-Aug-2019 19-Aug-2019 19-Aug-2019 Buyback 19,600 0.825 0.825 16,294.70 View Detail
14-Aug-2019 06-Aug-2019 06-Aug-2019 Buyback 20,000 0.810 0.810 16,324.89 View Detail
06-Aug-2019 31-Jul-2019 31-Jul-2019 Buyback 35,000 0.835 0.835 29,449.64 View Detail
27-Oct-2016 17-Oct-2016 17-Oct-2016 Buyback 600,000 0.950 0.950 572,193.86 View Detail
07-Oct-2016 28-Sep-2016 29-Sep-2016 Buyback 410,900 0.965 0.970 400,107.54 View Detail
22-Sep-2016 09-Sep-2016 21-Sep-2016 Buyback 755,600 0.940 0.985 737,645.00 View Detail
09-Sep-2016 05-Sep-2016 08-Sep-2016 Buyback 1,476,100 0.945 0.990 1,443,475.24 View Detail
05-Sep-2016 23-Aug-2016 02-Sep-2016 Buyback 5,692,000 0.880 0.950 5,348,214.65 View Detail
01-Aug-2016 20-Jul-2016 29-Jul-2016 Buyback 5,434,700 0.810 0.990 5,032,475.98 View Detail
04-May-2016 25-Apr-2016 26-Apr-2016 Buyback 386,000 0.975 0.985 379,978.04 View Detail
25-Apr-2016 18-Apr-2016 20-Apr-2016 Buyback 414,000 0.960 0.970 403,288.74 View Detail
15-Apr-2016 07-Apr-2016 13-Apr-2016 Buyback 770,200 0.950 0.965 743,121.93 View Detail
07-Apr-2016 29-Mar-2016 06-Apr-2016 Buyback 966,000 0.940 0.960 921,790.68 View Detail
25-Feb-2016 16-Feb-2016 22-Feb-2016 Buyback 1,180,100 0.940 0.950 1,116,658.75 View Detail
04-Feb-2016 27-Jan-2016 02-Feb-2016 Buyback 392,700 0.900 0.900 355,277.03 View Detail
26-Jan-2016 15-Jan-2016 18-Jan-2016 Buyback 187,400 0.880 0.885 166,466.41 View Detail
21-Dec-2015 15-Dec-2015 15-Dec-2015 Buyback 100,000 0.910 0.910 91,698.70 View Detail
08-Dec-2015 02-Dec-2015 04-Dec-2015 Buyback 408,800 0.855 0.900 352,877.48 View Detail
27-Oct-2015 19-Oct-2015 19-Oct-2015 Buyback 138,000 0.745 0.750 103,522.91 View Detail
29-Sep-2015 23-Sep-2015 23-Sep-2015 Buyback 24,200 0.705 0.705 17,192.94 View Detail
11-Sep-2015 01-Sep-2015 01-Sep-2015 Buyback 288,100 0.725 0.730 210,815.02 View Detail
02-Sep-2015 24-Aug-2015 28-Aug-2015 Buyback 3,338,500 0.680 0.715 2,335,569.35 View Detail
25-Aug-2015 14-Aug-2015 21-Aug-2015 Buyback 1,863,100 0.685 0.710 1,315,824.85 View Detail
17-Aug-2015 10-Aug-2015 12-Aug-2015 Buyback 1,365,900 0.695 0.730 975,587.33 View Detail
05-Aug-2015 29-Jul-2015 29-Jul-2015 Buyback 300,000 0.725 0.730 218,521.03 View Detail
12-Feb-2015 05-Feb-2015 10-Feb-2015 Buyback 696,000 0.675 0.680 473,793.61 View Detail
03-Feb-2015 26-Jan-2015 30-Jan-2015 Buyback 238,600 0.665 0.670 160,679.44 View Detail
26-Jan-2015 19-Jan-2015 23-Jan-2015 Buyback 683,900 0.655 0.670 453,310.51 View Detail
19-Jan-2015 12-Jan-2015 12-Jan-2015 Buyback 584,000 0.660 0.675 392,888.41 View Detail
13-Jan-2015 06-Jan-2015 06-Jan-2015 Buyback 116,000 0.655 0.665 77,329.45 View Detail
23-Dec-2014 16-Dec-2014 18-Dec-2014 Buyback 317,000 0.640 0.680 210,086.62 View Detail
17-Dec-2014 10-Dec-2014 15-Dec-2014 Buyback 929,100 0.630 0.680 609,304.63 View Detail
27-Oct-2014 20-Oct-2014 20-Oct-2014 Buyback 79,100 0.625 0.630 50,117.35 View Detail
21-Oct-2014 14-Oct-2014 16-Oct-2014 Buyback 600,000 0.610 0.630 374,086.22 View Detail
26-Sep-2014 19-Sep-2014 19-Sep-2014 Buyback 100,000 0.665 0.680 68,093.88 View Detail
02-Dec-2019 02-Dec-2019 02-Dec-2019 Cancel 211,400 0.000 0.000 0.00 View Detail
08-Dec-2015 01-Dec-2015 01-Dec-2015 Cancel 11,661,500 - - -123,456.79 View Detail
02-Dec-2016 01-Dec-2016 01-Dec-2016 Cancel 19,174,500 - - -123,456.79 View Detail
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  6 people like this.
 
jamesooi What is your Capital at Risk if you invest in MAAG (17/06/2019) today based on announcement dated 3 April 2018 on PROPOSED VARIATION TO THE UTILIZATION OF PROCEEDS FROM THE DISPOSAL OF MAS TAKAFUL BERHAD (“PROPOSAL”). 

MAAG is a PN17 company since 30 September 2011 and still a PN 17 company as at to date. 
The current Paid-Up Capital of MAAG is 273,517,752 shares. 
If current share price for MAAG is RM 0.945 per share as at 17/06/2019, 

Based on PROPOSAL and I am taking 5 items in the Proposal to do a simple calculation on how risky to invest in MAAG now. 

Based on the Proposal on note f, 
Balance of RM 30,854,000 shall be utilized as working capital and share buy-back exercise. So I make assumption on this point by allocating RM 21,250,000 for share buy-back and the balance for working capital. So 2018 share buy-back of 10,000,000 shares at the average price of RM0.80 per share and the shares shall be canceled after share buy-back. So 2018 , the Paid-up Capital shall be 261,017,752 shares. In 2019 share buy-back of 11,250,000 shares at the average price of RM0.90 per share and the shares shall be canceled after share buy-back. So 2019 , the Paid-up Capital shall be 248,517,752 shares. The Balance of Paid-Up Capital shall be used for dividend calculation in the note b,c,d and g. 

Based on the Proposal on note g, 
Balance of RM 32,822,000 shall be payment of dividends to MAG Shareholders for 2018 and 2019. The Board intends to utilize approximately RM32.82 million for the payment of dividends to its shareholders for the FYE 2018 and FYE 2019 respectively. 
So, my assumption is MAAG will be proposing dividend for 2018 is 6 sen less 3 sen was paid in 25th April 2018 and balance of 9 sen in 2019. 

Based on the Proposal on note b, 
To simply the note b, the balance of RM 40,250,000, if unable to identify new business opportunity after 2 years, that is by 30/6/2020, the proceeds allocated for future investment opportunities may be distributed back to the entitled shareholders of MAAG. So, my assumption is MAAG will be distributing further dividend after 30/6/2020 for 16.20 sens. (RM40,250,000 divide by 248,517,752 shares). 

Based on the Proposal on note d, 
To simply the note d, the balance of RM 28,000,000, if unable to identify new business opportunity after 2 years, that is by 30/6/2020, the proceeds allocated for future investment opportunities may be distributed back to the entitled shareholders of MAAG. So, my assumption is MAAG will be distributing further dividend after 30/6/2020 for 11.27 sens. (RM28,000,000 divide by 248,517,752 shares). 

Based on the Proposal on note c, 
The balance retained consideration sum due on 30/6/2019 of RM 93,750,000, if unable to identify new business opportunity after 2 years, that is by 30/6/2021, the proceeds allocated for future investment opportunities may be distributed back to the entitled shareholders of MAAG. So, my assumption is MAAG will be distributing further dividend after 30/6/2021 for 37.72 sens. (RM93,750,000 divide by 248,517,752 shares). 

So, to sum up, What is your CAPITAL AT RISK if you invest in MAAG now. 
IF Share price RM 0.945 and (less balance of dividend left for 2 years is RM 0.09 (on note g) less dividend (on note b) is RM 0.162 less dividend (on note d) is RM 0.1127 less dividend on retained consideration (on note c) is RM 0.3772 = RM0.7419), therefore your Capital at Risk is only RM 0.2031 per share. 

Calculation for future NTA 
Current NTA as at 31/03/2019 was RM1.96. If next 2 years MAAG still cannot find new businesses, I will assume that MAAG shall be a losing concern for next 4 years, I will discount NTA by 40 sen until 2021 and Less dividend for RM 0.7419. The Future NTA shall be RM 0.8181. The above assumption is The Management cannot identify any new businesses to invest . 

Calculation for Cash in hand as at 30/06/2019 
Based on 31/03/2019 account with cash balance RM256.84 Mil and plus retantion to be collected on 30/06/2019 is RM93.75 Mil from Zurich. This company is very rich in cash of RM 350.59 Mil. which work out of RM1.2817 per share based on 273,517,752 shares. 

Calculation for valuation of all other businesses in MAA Group is only RM 0.2031 
All other businesses in the MAA Group is value or worth RM 0.2031 per share. THAT IS WHY I CALLED MAA is still a lelong stock.
19/06/2019 12:28 PM
Choivo Capital The price action for this stock is very interesting.
19/06/2019 6:56 PM
dumbMoney There has been no recent company's shares buy backs, as otherwise would need to be announced immediately.
21/06/2019 11:33 PM
jamesooi Will it break RM1.00 today?
24/06/2019 10:14 AM
cheoky dividend 11% ++ + proceed 90mil.
27/06/2019 9:00 PM
sheep Next qr got dividend?

Further to the announcements dated 4 May 2016, 30 June 2016 and 27 December 2016, the Board of Directors of MAAG (“Board”) wish to announce that the balance consideration of RM88,623,399.52 has been released to and received by MAAG today, being the next business day after the third anniversary of the Completion Date on 30 June 2016, and a balance of RM5,126,600.48 is still being retained by Zurich until the Pending Purchaser Claims are resolved.



The Pending Purchaser Claims relate to alleged breach of warranties, and mainly comprise of claims of RM6,668,792.30 additional taxes and penalties imposed on MAAT by the Inland Revenue Board of Malaysia. MAAG has engaged its advisers and attorneys to verify and assess the accuracy and validity of these claims. The Company will make necessary announcements on further developments as and when necessary.
01/07/2019 8:01 PM
dumbMoney See what a minority shareholder wrote about the failed IndoAgri privatisation offer in Singapore recently https://www.theedgesingapore.com/views/management-corporate-governance/why-indoagris-recommending-directors-should-resign-0?utm_source=Singapore+Market+Report&utm_campaign=fa1ab53262-EMAIL_CAMPAIGN_2019_07_01_01_11&utm_medium=email&utm_term=0_46b7beec93-fa1ab53262-87394229&mc_cid=fa1ab53262&mc_eid=e4ded14b70
02/07/2019 3:40 PM
cheoky rm32mil to be disturbed per last shareholder approved resolution ? rm32/rm265mil. 12% dividend oh.
02/07/2019 7:03 PM
cheoky oh. another 6months of waiting only. worth waiting lo.
02/07/2019 7:09 PM
cheoky Yum yum.
09/07/2019 6:11 PM
csan I'm back. So there we go....MAA received around 32sen/share in cash few days ago from the disposal and today, declared dividend of......6sen. lol
09/07/2019 10:33 PM
csan They could have easily declared the dividend cheoky mentioned earlier....but they didn't. Obviously no intention of doing so...they have other plans for the money.
09/07/2019 10:35 PM
sheep should go above 1.00 when next qr out...with good news then...wakakaka
10/07/2019 9:40 AM
Cipta At 0.96 price, the 6 cents div present a 6.25% DY
10/07/2019 10:20 AM
dompeilee Bought back some of the MAA I sold above $1 for 97.5c today...using part of the sales proceeds from KNM sold today @ 35c =)
12/07/2019 10:01 AM
dumbMoney Singapore to require delisting offers to be fair and reasonable, no more low ball unfair offers https://www.theedgesingapore.com/issues/management-corporate-governance/sgx-removes-10-block-voluntary-delisting-resolution-requires?utm_source=Singapore+Market+Report&utm_campaign=092ca4c25d-EMAIL_CAMPAIGN_2019_07_11_10_54&utm_medium=email&utm_term=0_46b7beec93-092ca4c25d-87394229&mc_cid=092ca4c25d&mc_eid=e4ded14b70
13/07/2019 2:28 AM
Cipta Yes! We want Fair n Reasonable.
Now we know which tycoon is unfair.
13/07/2019 11:53 AM
dumbMoney All recent deals with the exception of one were deemed not fair. The recent failures of MAA and Yee Lee may be an indication that the days major shareholders can ride roughshod over minorities are over. Independent Advisors should do a better job than simply repeating the same 'not fair but reasonable' recommendations to earn their fees.
13/07/2019 9:31 PM
sheep 'Funny' listing rules hinder MAA business plan, says chairman Yaacob

https://www.theedgemarkets.com/article/funny-listing-rules-hinder-maa-business-plan-says-chairman-yaacob
18/07/2019 11:08 AM
linda77 Only know how to complaint from day one, no one ask u to buy maa, if u think d boss is not good or dont know how to run d business, please sell away ur shares.
18/07/2019 4:48 PM
Cipta Previous CEO said aim to turn to Manufacture sector.

Now TY only mentioned finance, edu, service n property.
From the bright side, TY focus on what he is best- finance n insurance.
19/07/2019 11:24 AM
sheep if this coming 6 sen is first interim dividend, means there will be another second and final 3sen?
19/07/2019 4:23 PM
Cipta This financial year will get 12 cents
19/07/2019 5:30 PM
Willbegood why share price keep going down?
25/07/2019 3:38 PM
jamesooi If you are long term investor, you have to look at this,

MAAG, based on announcement dated 3 April 2018 on PROPOSED VARIATION TO THE UTILISATION OF PROCEEDS FROM THE DISPOSAL OF MAA TAKAFUL BERHAD (“PROPOSAL”). 

What I expect some more dividend coming until 2020

Based on the Proposal on note g, 
Balance of RM 32,822,000 shall be payment of dividends to MAAG Shareholders for 2018 and 2019. The Board intends to utilize approximately RM32.82 million for the payment of dividends to its shareholders for the FYE 2018 and FYE 2019 respectively. 
So, MAAG shall be proposing dividend for financial year ended 31/12/2019 is 3 sen (less 9 sen already declared in 2018 and July 2019). 

Based on the Proposal on note b, 
To simply the note b, the balance of RM 40,250,000, if unable to identify new business opportunity after 2 years, that is by 30/6/2020, the proceeds allocated for future investment opportunities may be distributed back to the entitled shareholders of MAAG. So, my assumption is MAAG will be distributing further dividend after 30/6/2020 for 14.71 sens. (RM40,250,000 divide by 273,517,752 shares). 

Based on the Proposal on note d, 
To simply the note d, the balance of RM 28,000,000, if unable to identify new business opportunity after 2 years, that is by 30/6/2020, the proceeds allocated for future investment opportunities may be distributed back to the entitled shareholders of MAAG. So, my assumption is MAAG will be distributing further dividend after 30/6/2020 for 10.23 sens. (RM28,000,000 divide by 273,517,752 shares). 

The above assumption is based on the Management cannot identify any new businesses to invest .
25/07/2019 5:14 PM
moneycashrich Thanks Jamesooi. We are here for a long long time ago. Not for those who chase high but did not buy low...around 40 sen ( once in a bluemoon). I have collected at near low. No reason for me to leave this stock.
26/07/2019 1:56 PM
dumbMoney Just announced shares buyback. First time sice 2016.
01/08/2019 1:46 AM
dumbMoney Bought only for 1 day and then stopped. Just for show?
04/08/2019 3:02 PM
huntertee Guys, was there a dividend earlier?
09/08/2019 11:19 PM
风云 company buyback good for minor shareholder?
21/08/2019 12:09 PM
sheep qr bad, very bad
30/08/2019 11:26 AM
Jeffreyteck TP 60 unless positive news. Major SH is frustrated and don't mind the falling price. Genting Malaysia used to buy back above 5 and 4, but the price now is touching 3. They may buy back from those with esos as there is no check and balance, further, why don't use $ to give dividends instead of buying back? Good luck.
26/09/2019 11:38 AM
TheContrarian I thought of buying at 79.5 Sen today. Or should I wait until 60 sen?
02/10/2019 6:48 PM
AllanTingAS Kana, i think so!
02/10/2019 10:30 PM
linda77 DONT KNOW HOW TO TEACH WANT TO BUY A COLLEGE

VERY CLEVER TO SWINDLE MONEY
04/10/2019 10:32 AM
linda77 MONEY ALLOCATED SHARES BUY BACK ALSO ALMOST FINISH

DONT KNOW WHERE D MONEY GO?
04/10/2019 11:47 AM
linda77 NO MORE PRIVATISED.

BUY MORE LOUSY ASSETS
04/10/2019 11:52 AM
AllanTingAS You are correct. Let it down day by day!
06/10/2019 10:43 AM
freddiehero wah.. can collect more cheap?
06/10/2019 11:09 AM
linda77 Epsom College launches A-level programme — Tony Fernandes | https://www.klsescreener.com/v2/news/view/590498
16/10/2019 1:58 PM
linda77 If they buy Scholastic IB International SB for sure after the next 2 years they are going to lose money all the way. Lousy college, all the lecturers going to retire very soon...
16/10/2019 2:03 PM
TheContrarian MAA gave me the best return this year --- over 70%. Thank you so much.
16/10/2019 3:05 PM
NavinShah TY, may try his 2nd attempt to privatise. I think he offer a higher price than last attempt?
20/11/2019 1:53 PM
mike1645 Is there any money left? Looks like massive spending is going on. Buying lousy business etc
27/11/2019 2:40 PM
Baobab Oh gosh. The company registered another loss making quarter despite having a huge pile of cash in the coffer.
28/11/2019 9:38 AM
Baobab How to justify this quarterly loss? I am not sure if the company is properly managed?
28/11/2019 9:42 AM
TheContrarian Very quiet here.
03/12/2019 3:04 PM
CyberShot Can minority shareholders combine shareholding to the required shareholding which allow us to send a manager into the company to safeguard our interest?
09/12/2019 1:13 PM
therookieechingchong @CyberShot Technically, you could, if you could have solely or jointly having at least 5% out of the total shareholding of the company, you may propose to the company on appointing new director at your favor at the upcoming AGM while you are attending or you if you have 10% out of the total shares solely or jointly, you may exercise the right to call an EGM for that. Either way, the Nomination Committee will need to evaluate the candidate and to propose to the Board for approval before any actual further action.
09/12/2019 2:42 PM
CyberShot therookieechingchong, those (Theong, Markus, Balvin, Navinshah, Jamesooi, etc) who vote against privatization should have more than 5%. They can act as a group and nominate a director into the company to safeguard our interest.
09/12/2019 3:23 PM


 

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