6% on all charges and cost of the transaction, it is going to be pricy to do buying/selling starting april. So if there is any stocks you guys want to buy to hold for long term, this month will be the time to escape paying it.

or another possible scenario is he "select" himself out of the cap reduction offer and "select" all others.. means he offer 65 cents to everyone and opts out of the offer himself. means he can telan the entire 900mil+ worth company with just 400mil+ cash..

but this is "selective" capital repayment/reduction. Could it be an offer to institutional investors and a higher price for retails? if its for all shareholders, isnt it easier to just call it Privatisation/Capital Reduction instead of a selective one? (which requires court approval i think)

rmb the ninian guy bought mbf? he at first offer 25 cents, then kena reject by most... then he SCR offer 65 cents, some still reject.. finally he managed to buy MBF by offering 1.75 ... so ppl that hold this counter, play hard sell.

everyone vote against the proposal, either he revise the price or no pass thru.

its like buying an apple worth 78 cents with just 65 cents. Its obviously not a good deal, now lets see which "Independent" investment bank will advise the minority shareholder that its a "Fair" deal and we should accept a discount payment of 17%.

its only 3 cents above the avg 52 week price range of 62 cents. Geez.. offer price at least 75 cents maa, 3 cents discount we can give laaa this wan 17% discount from Bookvalue. how can laaa

also 65 cents is a steep discount to the bookvalue of the company which is 78 cents.

hope so! been holding it for months.

yahhh, any idea when is the big one?

they only gave 2 cent dividend ehh?