Practice Makes Perfect

Kencana + SapuraCrest Merger - Great, Another Step Forward!?

Chin Kok Tan
Publish date: Wed, 28 Sep 2011, 09:23 PM
Welcome to CK's Mergers & Acquisitions Theme Park - The BEST Has Yet to Come!
CK>> Well done!!! Sorry, I'm not referring to the share price of Kencana or Sapcres (up these two days due to "good" sentiment). But I'm talking about the announcement on Bursa today. Another great step forward for the merger exercise.

If you wonder what I'm talking about here, here you go:

Link 1: Kencana Announcement (28/9/11)
http://adf.ly/930641/banner/www.announcements.bursamalaysia.com/EDMS/edmsweb.nsf/LsvAllByID/BFA34488751A8BAD4825791900351C54?OpenDocument

Link 2: Sapura Crest Announcement (28/9/11)
http://adf.ly/930641/banner/www.announcements.bursamalaysia.com/EDMS/edmsweb.nsf/LsvAllByID/973B8ECD448013414825791900351CF6?OpenDocument

CK>> Relevant documents were submitted by these two companies to SC in order to obtain approval. This is standard process, nothing special. The only thing that I'm wondering is that why they move so fast? Kind of in faster pace for this merger exercise compare to others (as per my experiences). They can't wait to merge now? Haha, may be~

As usual, continue my accumulation, keep BUY! BUY! BUY! Hopefully my return wouldn't be BYE! BYE! BYE!



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