Practice Makes Perfect

Eng Teknologi Privatisation - EGM 80% vs 20%

Chin Kok Tan
Publish date: Tue, 12 Jun 2012, 08:11 PM
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CK>> Phew~ Luckily the voting for all the resolutions still get passed in EGM today, with about 20% of non-interested shareholders voted against the privatization deal. But in overall, the privatization deal is still carrying on as it is above the 75% threshold (80% of shareholders voted in favour of the deal).














CK>> So, just keep and hold until earlier of August for capital repayment and distribution. 5% in 2 months time, why not?
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