The four resolutions for this little exercise is going to a shareholders meeting on the 2/4/2021.

Fancy using our taxpayer's money to pay for his family and his wife's umrah. Disgraceful ! Think of the number of business that has gone bust lately.

If we can't get Anwar, PH, UMNO will do . Anything is better than this cow. Time to move on YDPA.

Need to get rid of the MOO cow first ! Hasn't done anything except increase his future pension.

Malaysia needs clearer economic directions to attract FDI, says former minister.
https://www.thesundaily.my/home/malaysia-needs-clearer-economic-directions-to-attract-fdi-says-former-minister-XD7467257

A private company under a GLC as well as MOF. Very suspicious. Can somebody tell us why our MOF is involved in a private company as well as what on earth is Tabung Haji doing in this private company. What do they do? Manipulate the market? Maybe MACC should have a look at this.

Does any body know who are the main principals behind UJSB ?

At this current price, that little exercise of consolidation, rights issue and free warrant is going to be a total failure unless they are willing to pump the price before it happens.

We really need Syed Mokhtar to have another go at it. It will only perform if you are using your own money not tax payers money for which nobody is accountable. Look at it's history, then tell me who was responsible for it's past performance. Need a whole new BOD!

Eddie Ong’s digital move.
https://www.theedgemarkets.com/article/eddie-ongs-digital-move

Forget about all the hype. Just remember to take some profit on the way up, before Felda decides to get back to the 25% threshold and take some profit off some us who might be chasing to get back in. Relax and stay cool, don't rush.on your investment decision.

2 more rounds. 1.80 then 2.00, until Felda makes some announcement. Good Luck.

Who Dare Wins. you are standing on safe ground. The volume is not there for them to pick up even at this level.

Building a new low base of 1.50 ! More to come.

Like I said earlier, if they go crazy chasing it all the way up to $3.00 then they might just get volume to get past the 90%.

Won't be long. We will know by end of trading tomorrow. I am just stating a fact that there are not enough shares on the market for them to get over the threshold unless the buying price for tomorrow is all of a sudden, for some unknown reason over $3.00. Even then it is a big IF.

Don't worry they need at least 500m+ shares to get to 90%, not 1m or 10m a day. Even if all the shares on the market are bought at a higher price and then accept the GO at 1.30 they are still not going to make it. Tok Pa must be living in a dream world. Talk is easy only 13%, trying to get it is not that easy.

Felda has got lots of shares to short this since it is not going to get to 90%, if they want to!

hazli, The only thing we need to know is are we going to stay with FGV ? All this is not important once they get privatised with tax payers money and get delisted.

CAWALLUK : You can't be too sure that Felda is not going to take profit on all the 1.30 that they have picked up with borrowed money to discharge the loan, especially since the take over to delist have failed? Have to wait and see.

Looks like it is coming back to above the pre-bonus (1 for 1) price high of 1.20- 1.38 back in sept/oct announcment.

Can't see how restructuring the company's debt using SUKUK with Govt backed guaranteed, to reduce the loan used in this exercise as well as pay off settlers is going to help. They should be taking SUKUK loan to further increase the efficiency of their operation and increase future profits like replanting NOT pay off debts. Really got no business sense. Well, govt backing not their problem, just take and spend. I thought Tok Pa was a lot more astute financially than the rest of the ministers.

RELAX & STAY COOL. Felda is not going to get there by the end of 15th.

Felda already owns 77pc stake in FGV, says Tok Pa.
https://www.malaymail.com/news/money/2021/03/09/felda-already-owns-77pc-stake-in-fgv-says-tok-pa/1956367.

Former finance minister II Johari emerges as shareholder in Media Prima as share price tumbles.
https://www.theedgemarkets.com/article/former-finance-minister-ii-johari-ups-stake-media-prima-share-price-tumbles

Hextar Global to diversify into cleaning chemicals business via acquisitions.
https://www.theedgemarkets.com/article/hextar-global-diversify-cleaning-chemicals-business-acquisitions/
Dato Ong working hard on another project.

Remember officially, Felda has not bought any above 1.30. Someone else has bought above 1.30. They in turn might accept the GO at 1.30 at a lost and hand over the shares for the benefit of Felda. Just be aware that any shares sold on the market at above 1.30 might ultimately end up with Felda. Don't just count the turnover at 1.30 and below. With D-day coming, assume all turnover in the next couple of days to ultimately end up in Felda's hand whether it is at 1.30 or above 1.30. It would be a lot cheaper for Felda to pay some brokers to pick up all that is available and then accept the GO, than to revised the GO upwards.

In RM6m cheques matter, MACC officer says passport chips project would not have been awarded if Zahid had not agreed.
https://www.malaymail.com/news/malaysia/2021/03/04/in-rm6m-cheques-matter-macc-officer-says-passport-chips-project-would-not-h/1954929

Felda needs at least another 550M additional share acceptances from the GO to get past the 90%.

Felda is going to collect all dividends of GO acceptors as a bonus as well as get a free ride to MSM & FGV future positive quarters. Why not they are going to get pass the 75% to enable them to control and pass all resolutions at any meeting.

That was for real. Over 3m sold at 1.34.

Who is playing games here? Who and where are those millions of sell and buy from that all of a sudden appear in this afternoon session

Cant make any sense out of the current computer trading of 800 units at 1.33 every couple of minutes.

Easily a couple of $m worth of commission and both parties are happy. WIN WIN ALL ROUND. Even get to collect the dividends,

It is possible. Friends of Felda can buy of the market for over 1.30 and then accept the GO at 1.30 loosing a couple of cents which could be reimburse by Felda once they manage to delist FGV. Anything is possible !

Mabel, Are you in a time warp. GO extended to the 15th March. Not 2 days to go!

Can anyone provide some additional background on Encik Huzaini Bin Husin or Dynamic Prestige Consultancy Sdn Bhd. What is it that make them commit to 6.87% interest in Opcom?

Anything is BOLEH with this backdoor govt. Just like Felda they have the majority and if they want to approved additional fumds for FGV, they will just put it through.

Don't forget they now have the majority voting right in any EGM calling for resolutions to get passed except winding up,

So it goes ex-dividend on 17th March and the GO extended to 15th March.

For the RI to be successful,they need to pump the price up before consolidation. The lower the price means they are getting less from the RI. Nobody is going to take up the RI if there is no decent discount or possibly a price hike because they have a good future. Like i said earlier forget about the warrants. I still hold the last lot of warrants which are today "TOILET PAPER". If they pump it, then we have to make a decision of whether to sell or stay.

mikeazk, Just imagine you are one of those who accept their GO at 1.30 instead of selling on the market at 1.32 to somebody else instead off FELDA. Felda never bought any shares on 23rd on the market. They just accept those willing to accept the GO at 1.30., only need to pay 1.30 not 1.32. Hope it helps.

Dato' Ong is getting is making his presence felt by appointing Mr Teh Li King who is also from Hextar appointed as a director. Action coming soon, just got to wait.

No Dividend

They might as well leave the GO on for the whole year. Nobody is going to accept it now at 1.30. Got to go to Plan B.

I don't take they purchase on the market.. It is acceptances on the 23rd taken at 1.30.

Felda, FGV takeover sees final extension of offer date to March 15.
https://www.malaymail.com/news/money/2021/02/25/felda-fgv-takeover-sees-final-extension-of-offer-date-to-march-15/1952915

After taking control of 76.32% of FGV, Felda extends offer period for last time.
https://www.theedgemarkets.com/article/after-taking-control-7632-fgv-felda-extends-offer-period-last-time

anthonytkh, Thank you.

Is that "other income " from sale of once off property?