Practice Makes Perfect

Jotech + AIC + AutoV Merger Update (06/12/11)

Chin Kok Tan
Publish date: Tue, 06 Dec 2011, 09:45 PM
Welcome to CK's Mergers & Acquisitions Theme Park - The BEST Has Yet to Come!
CK>> Still pending for further announcements. So, nothing worth to elaborate here. But you can see some minor movement from the shareholders.

23/11: Substantial shareholder of AutoV, Yong Nam Yun, disposed 247,000 units of AutoV.
23/11: Director of AutoV, Chen Heng Mun, acquired 100,700 units of AutoV @ RM1.66.
23/11: Chief Financial Officer of AutoV, Chan Gee Wah, acquired 82,300 units of AutoV @ RM 1.66.

05/12: Big boss of all 3 companies, Datuk Goh (interested director in this merger deal), acquired 1,000,000 units of AIC @ RM 1.13.

CK>> Suddenly few big volume transactions done on market for both AutoV and AIC, which are not commonly seen in normal days. Surprisingly, we see Datuk Goh acquired 1 million units of AIC, and the relateed announcement was posted at the same day evening, so efficient. Something fishy here~

























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