Practice Makes Perfect

Privatization - KFC + QSR - Fair & Reasonable!

Chin Kok Tan
Publish date: Thu, 25 Oct 2012, 06:52 PM
Welcome to CK's Mergers & Acquisitions Theme Park - The BEST Has Yet to Come!
Important Date:
5/11/12 - KFC's EGM
6/11/12 - QSR's EGM

CK>> This deal has been dragged for almost a year, as the initial proposal was tabled since last year, around December 2011. Now it almost come to the end as most of the required approvals processes were cleared. The last hurdle is now left the EGM from both companies.

There is still a room for 3% return in around 3 months time (buy now and hold until mid-/end of December 2012) , which is equivalent to annualized 12% return. Much higher than those returns from EPF, fixed deposit... etc. 

Not bad what...








Here you go, the estimated time frame for the completion of this deal. Since both KFC and QSR have the same time frame, so I just show the tentative timetable of QSR.
















As per directors' and audit committee's recommendation, this deal is FAIR and REASONABLE... So, just vote in favour to the deal if you are the non-interested shareholders who are entitled to vote.

Good Buy! Good Bye~

After the completion of this deal, KULIM will come under the limelight as it may announcement a special dividend of around 90 cents due to the disposal of QSR and KFC.

So, plan before trade and trade accordingly to your plan.... Cheers!

CK>> There are some people try to stop this deal while the proposal was first tabled. Haha... We all know who are them... 
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