CK>> Last announcement about Kencana & SapuraCrest's merger was on 28/9. It is about the submission of necessary documents to SC to seek for approval. If you would like to read more about this announcement, you can refer to my previous post here:
Kencana + SapuraCrest Merger - Great, Another Step Forward
Potential gain of 26% for SapuraCrest and 20% for Kencana... Erm... Let's wait for more confirmation if you are not so confidence on this merger deal especially in this kind of weakened & volatile market. Market sentiment are simply too poor and bad now. Very sensitive to both inner and outer economic news.