In Sarawak's heart, where rivers flow,
A leader's hand, a steady show.
Abang Jo, a name renowned,
Affin's shares, now firmly bound.

With wisdom gained and experience keen,
A corporate realm, a vibrant scene.
A takeover, a strategic move,
A future bright, for all to groove.

Though challenges lie ahead, it's true,
Abang Jo's guidance, will see it through.
Affin's shares, a promising sight,
A beacon of hope, shining bright.

In realms of finance, where greed does reside,
A champion arose, with courage as guide.
Mr. Sslee, a name to be known,
For justice he fought, on his own.

Insas share, a prize to be sought,
But fairness was lacking, equity naught.
The system was rigged, a twisted decree,
Mr. Sslee vowed, "This shall not be."

With unwavering spirit, he stood tall,
Against the might, against the wall.
He argued his case, with passion and grace,
Demanding equality, in every space.

Through trials and tribulations, he persevered,
His hope never dimmed, his resolve never swerved.
For in his heart, a fire did burn,
A desire for justice, to which he'd return.

And so, Mr. Sslee, a hero we'll hail,
His fight for fairness, a legendary tale.
A beacon of hope, in a world that's unfair,
A testament to courage, beyond compare.

Insas, a titan in the corporate sphere,
A battleground where fortunes disappear.
Thong, the controlling shareholder, stands tall,
His grip on power, unwavering and gall.

With shares that sway like leaves in the breeze,
He wields influence with utmost ease.
His decisions shape the company's fate,
A labyrinthine game, intricate and great.

But whispers of dissent, they softly creep,
Of minority shareholders, feeling the deep
Inequity, the power's uneven sway,
A longing for a more democratic day.

Yet Thong, entrenched, refuses to yield,
His fortress of control, firmly sealed.
A standoff ensues, a corporate strife,
Where fortunes hang in the balance of life.

In a galaxy far, far away,
Where sand dunes stretch towards the day,
A planet named Tatooine, a desert sphere,
Home to the Force, both hope and fear.

And here on Earth, a stock exchange gleams,
Where fortunes rise and fall in dreams.
A company, Insas, its shares do trade,
A cosmic dance, a cosmic aid.

Like Tatooine's twin, Insas's share,
Can soar or plummet, beyond compare.
A desert of finance, a sandy sea,
Where investors seek their destiny.

But unlike Tatooine, where fate's decreed,
Insas's share can be indeed
A force for good, a rising tide,
Lifting spirits, far and wide.

Bought at 80.5 sen. If drop to 65 sen will buy more.

Ah Thong is a very patient poker player.

Ah Thong will stick to dividend plan of 2.5 sen to be paid in January 2025.

Spartans ....... onwards! Go, Spartans, go!

Already 4 days has lapsed since the signing of the S&P last Friday. Abang Jo hasn't announced the purchase consideration .......... because Abang Jo doesn't know, hahaha 🤣🤣🤣

Cashed out on Dominant at 84 sen, received 1 sen dividend last month.

Find in YouTube.

Technical rebound? What technical rebound?

But, but, but ..... someone said might drop to 2.50 ........ hahahahaha.

Drop to 2.50? Hahahahahahaha.

Shhhhhhhhhhhhhhhhh 🤫

Shhhhhhhhhhhhhhhhh 🤫

Many in this forum didn't sell above RM3.

The lower the market price the better for Abang Jo.

KUALA LUMPUR:CIMB Securities has raised its target price for Affin Bank Bhd with expectation that the Sarawak state government will deposit some RM4 billion into the bank next year.

On Friday, Affin announced that the state emerged as its single largest shareholder, with a 31 per cent interest, after Lembaga Tabung Angkatan Tentera (LTAT), and Boustead Holdings Bhd collectively sold their 26 per cent stake to the state's special purpose vehicle SG AssetFin Holdings Sdn Bhd.

"We believe there has been no significant deposit contribution from the Sarawak government over the past one year, despite the Sarawak government's initial acquisition of the 4.81 per cent stake last year."

"We are now assuming new current account savings account (Casa) potential in financial year 2025, of at least RM4 billion from the new major shareholder," it said.

Tomorrow is 30 September, last day of 3rd quarter. If Insas no sell some Inari shares, Insas will report loss for the quarter.

Sarawak has inked an S&P to purchase approximately 634.7 million Affin shares from two vendors, namely Boustead and LTAT for a total consideration of ..............

Ah Thong started a joke ......
which started the minorities crying ......
then Ah Thong started to cry ......
which started the whole world laughing ......

10 sen dividend.

If Insas don't sell some Inari shares by next Monday Insas will report a loss in the next QR. Inari boh chow seeeeeeeeeeeeeeeeeeee.

Who are trapped in Insas? Don't be shy to tell.

Naim continues to trend up nicely.

Insas also has ..... OCBC Bank! Insas cantik.

I think by end of today or tomorrow you should be able to submit the DRP application via Bursa Anywhere.

Why lack of momentum in Insas?

The S&P will be inked on Friday.

I think Insas now has around 515 million Inari shares. If sell 10 million every quarter Insas can survive at least 12 years.

Insas going to sell Inari, Inari boh chow seeeeeeeeeeeeeeeeeeee.

Go, go, go Naim .... oops, wrong forum.

Naim trending up nicely.

Someone who banyak cakap sini deleted her postings?

Payment date cannot be ascertained until High Court approval is obtained.

Someone is buying ..... someone is buying ....... buying what? ....... buying Insas-WC ....... buying Insas-WC ........ do you see it? ........ do you see it? ...........

No transfer, automatically acquired by Company and cancelled. RM1.70 per share will be directly credited to your bank account or a cheque mailed to you.

Bought more at 1.07.

Someone is buying ..... someone is buying ....... buying what? ....... buying Insas-WC ....... buying Insas-WC ........ do you see it? ........ do you see it? ...........

@jomvalueinvest2, you should be able to get Insas today.

GCB forum dead and yet the minorities could muscle 10% votes to reject the privatization.

Long, long time ago I was a subscriber to its newsletter. After a few weeks they stopped mailing to me. It's a scam after all.

Today got someone short sell 50,000 Insas shares? Who ah?

Arm Holdings share price is now above US$148. I have no complaint of Hexza buying Arm Holdings at US$127.175 last month.

Why you didn't buy below RM1 yesterday?

Got anyone jump in to buy Insas today?

Companies like Apple, Samsung, and Nvidia use Arm Holdings' central-processing-unit chip architectures. Arm then receives licensing payments and royalties based on the number of products sold.

License revenue comes from granting the right to use its intellectual property, while royalty revenue is the continuous fee payment based on the usage or sales of that IP.

Arm’s Chief Executive Rene Haas has said that the V9 chip design earns twice the royalties of the V8 generation, with estimated rates around 4%, compared with the average 1.7% royalty rates for prior generations.

This increase enables Arm to claim more revenue from each V9 chip sold.

“As a CFO, it’s one of the better business models I’ve seen. I joke sometimes that those older products are like the Beatles catalog: They just keep delivering royalties. Some of those products are three decades old,” Arm Chief Financial Officer Jason Child said in a CNBC interview.

@theyoungman, yes.

What could be the possible reason Insas-WC is trading at huge volume in comparison to Insas and at increased premium? Is Ah Thong collecting the warrants since he has insufficient warrants to take his shareholding over 50%?