CK>> A quick share with all my readers about the analysis of ENG Teknologi's substantial shareholders.














CK>> Datin Low and Dato Teh are holding 95% of offeror's company (TYK), they are so-called INTERESTED shareholders in this takeover exercise because they are the one offer to takeover ENG, so they are not eligible for voting during EGM.

Question to ask yourself before you make any decision on this takeover deal:
1) Can ENG get approval from 75% +1 vote from its shareholders during EGM?
2) ENG's recent quarters results are quite disappointed, do you think shareholders will take this opportunity to dispose their holding shares (via privatisation exercise)? Especially Lembaga Tabung Haji & PNB.
3) Do you think Tabung Haji & PNB will dispose their shares to both Dato & Datin even before the deal done, in order to make this takeover become UNCONDITIONAL?

If your answers to all 3 above questions are all YES, then what should you waiting for? Perhaps you are looking for much higher profit gain (15% in 6-9 months cannot fit your appetite, you want more). It is all fine, look for other opportunity, your own call. Hohoho...