CK>> Great! Securities Commission granted its approval for the proposed merger of Kencana and SapuraCrest. We should now wait for the next announcement. It should be about the date & time for the EGM to be held to allow shareholders cast their votes about the merger.

When you see the investment banks such as Maybank, CIMB, RHB and AM are involved in this merger exercise, then you should have kind of feel like this merger is too BIG to be called off or failed. YES, they are serious... :D






CK>> Not too bad. Buy it now and hold until the de-list and re-list of Newco, you still manage to get 11.11% profit gain for leg-A. How about leg-B gain? It will be depending on the overall market sentiment during the listing of Newco. If your luck is "good" enough, perhaps the history of SUNWAY will be repeating again.