Practice Makes Perfect
Kencana + SapuraCrest Merger - Shareholders Analysis
Chin Kok Tan
Publish date: Tue, 20 Sep 2011, 08:36 PM
Chin Kok Tan
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CK>> Can both Kencana & Sapura Crest get 75% + 1 vote from their shareholders during EGM? Since takeover was offered by 3rd party, so there is no so-called interested/non-interested shareholders in this merger case. All the shareholders as listed in below table can vote in EGM.
So to get 75% + 1 vote, should be kacang putih right? I don't know, just simply guess and comment only. Perhaps Tun Mahathir might know a little bit as his son is Kencana's CEO, Datuk Mokhzani Mahathir. Haha, just kidding, no offence...
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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....
