It is around 1/3 of my total portfolio. I am still holding it, wait for the latest quarter report. Since the langkawi water concession end and highway tax waiver end, the cash flow was impacted, the JV also not doing good, bad things keep coming.
I am not going to sell, LTAT need Boustead to pay dividend then LTAT can pay their members every year. So i will maintain as Boustead shareholder as LTAT to receive dividend every year. Other company may have risk, but Boustead is bonded to pay dividend to LTAT
Fairness of the Offer We are of the view that the Offer is NOT FAIR as the Offer Price of RM0.855 represents a discount of RM0.708 and RM0.896 or approximately 45.30% to 51.17% over the estimated value per BHB Share ranging between RM1.563 and RM1.751 derived using the SOPV methodology.