Bursa Malaysia Stock Watch
Signaland offers RM2.05/share for S. Steel
kltrader
Publish date: Fri, 16 Jul 2010, 10:20 PM
kltrader
0 20,639
This blog provides consolidated Bursa Malaysia stock market research, analysis, news and blogs from various sources. You can search and find all the past analysis and coverage on stocks and news by searching within this site. While this blog re-publishes contents from other sites, it does not own the rights nor responsible for the accuracy of the contents. If you disagree to your content from being published here, please add a comment, and your article will be removed from this site.
Signaland Sdn Bhd offered RM2.05 a share in a takeover bid for Malaysia's Southern Steel Bhd after accumulating a majority stake that triggered a mandatory offer.
Signaland had raised its holding to 70.25 per cent by buying 113.38 million shares, or a 27.03 per cent stake, for about RM232.4 million (US$72 million) from NatSteel Holdings Pte Ltd, Hong Leong Investment Bank said in a statement to the Malaysian stock exchange today on behalf of the offerer. -- Bloomberg
Signaland had raised its holding to 70.25 per cent by buying 113.38 million shares, or a 27.03 per cent stake, for about RM232.4 million (US$72 million) from NatSteel Holdings Pte Ltd, Hong Leong Investment Bank said in a statement to the Malaysian stock exchange today on behalf of the offerer. -- Bloomberg
More articles on Bursa Malaysia Stock Watch
Tambun Indah - The 2nd Penang Bridge To Narrow Property Price Gap
Created by kltrader | Oct 11, 2012
Plantation ' Share Prices Not Reflecting CPO Price Movement ' Is A Correction Coming? (Neutral)
Created by kltrader | Oct 11, 2012
Discussions
Be the first to like this. Showing 0 of 0 comments
Post a Comment
Featured Posts
Introducing MY's First IPO Fund for Sophisticated Investors!
New Update. Discover investment communities that resonate with your ideas
M & A Value Partners IPO Equity Fund has been launched - Targeted 13% Return p.a
Latest Videos
Apps
Top Articles
1
save malaysia!
Visa-free travel to China extended for Malaysians to 30 days
2
3
Koon Yew Yin's Blog
CPO price is rising rapidly as shown by chart below - Koon Yew Yin
4
Axcapital's investment blog
KAB - Executing its way to a record quarter. Could more Petronas contracts be coming?
6
7
8
BFM Podcast
#
Stock
Score
Daily Stocks
Stock Name
Last
Change
Volume
Stock Name
Last
Change
Volume
Stock Name
Last
Change
Volume
MQ Trading Signals
Stock
Time
Signal
Duration
No trading signals available.
Stock
Time
Signal
Duration
No trading signals available.
Featured Advertisers / Partners
Ride The Bull Short The Bear
CS Tan
4.9 / 5.0
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
