Tomorrow at AGM, throw chairs at the BOD.

Every time there's a dividend payment, the market price would be adjusted downwards on ex-dividend day.

I have put ASB on my watchlist.

Massive properties impairment?

Yes Mr Sslee, it's Winfields Development Pte Ltd. Possibly OCBC shares are held through this associated company.

Wow, in 1990 I yet to dabble in shares.

I don't think DGSB can make so much profits. Maybe Ho Hup might report substantial profits.

If a person bought MAA at 0.465 in January 2019 and sold in April 2019 for 1.05 and then reinvested the proceeds in Ekovest-WB at 0.18 and sold off at 0.53, how much percentage gain did he make from his original cost in MAA of 0.465?

3101575000, certainly not DGSB. I think it might be Winfields Development.

Usually Inari provides the bulk of the share of profits from Associated companies but not this time, so which Associated companies turned out to be gem this time?

Mr Sslee, any idea which Associated companies contributed the rest of the share of profits from Associated companies since Inari only contributed around RM7.5 million.

Bought at 70 sen today.

Added at 19.5 sen today.

Satu's emojis.

Wow

Now that the SCR is doomed to fail, the Offerors are expected to revise upwards the offer price. The Offerors have so much to gain from the successful implementation of the SCR, so they are expected to work out a compromise.

To revise the offer price, the Offerors have to request for an adjournment to the EGM. The SCR must not be put to vote on 29/5. After the new offer price is made, you need at least 21 days notice for a new date for the EGM. Supplement circulars would be despatched along with Independent Advisor's opinion and advice (which either remains the same i.e "not fair but reasonable" or revised).

OSK massive properties impairment?

Laxey funds no balls to make offer.

SCR doomed. How low will MAA go?

Gepoh83, the 12 months restriction was reported in today's Star Business Section.

Those who are eligible to vote at the EGM are those whose names appear in the Record of Depositors as at 23rd May, the last purchase would have to be made on Friday 17th May. Mr Balvin, you can sell off your shares when market reopens on Tuesday 21st May and yet vote against the SCR since you only deliver your shares to the buyer on Friday (T+2) as Wednesday 22nd May is a market holiday.

Unlike an MGO or VGO, in an SCR the offer price cannot be revised once the EGM is called. And if the SCR is not approved at the EGM, the Offerors cannot make another offer for the next 12 months.

The best traders are the contrarians.

If the SCR fails how much will market price drop? If you and your gang have 20 million shares, a drop of 10 sen means a loss of RM2 million.

Toyoink closed below 70 sen? Will resume monitoring again.

Bursa has today granted extension of time for a regularisation plan until 31st October.

People who want to fight for a better cash offer need to appoint a leader among yourselves to engage the Offerors like in MBf Holdings case.

Rifle Range Flats were built in the 1970s. You should be visiting Gurney Paragon at Gurney Drive.

Last Budget it was announced that income tax rate for reinsurance business be reduced from 24% to 8% effective from 2019. This ought to be reflected in the coming QR.

Did you come to shore in Penang?

What will happen to market price when the SCR is not approved?

Arumugam long time dead already.

birkin, you haven't sold your Toyoink?

Added at 2.09 today.

Added at 0.95 this morning.

Bought at 97 sen.

UOB Kay Hian Nominees (Asing) Sdn Bhd has 11,000 proxies.

Eh, Calvin, you tell other people to whatsapp you at 014******* but ask me to whatsapp you at 019******!

Yes, Calvin, what is best to buy now? I am loaded with cash after selling off all my AZRB, Toyoink and Ekovest.

apolloang, don't be stupid lah. Only minority shareholders can vote. The Offerors cannot vote.

Or collectively holders of 16.7 million shares to vote against for the SCR to fail.

If you can gather shareholders who collectively own at least 2% or 2.5% (can't remember the exact percentage) of the total shares, you can propose a resolution (such as a special dividend for 67.5 sen) to be put forth for voting in a General Meeting but you must give sufficient notice in writing to the Company. It's s bit too late now.

k3nthiew, go read the proposed SCR offer letter from Melewar dated 27 Feb 2019, note 2. What does it say about dividend?

Tortoise died already, you didn't know?

The SCR offer price will be reduced by any dividend paid out. You get RM1.01 if 9 sen dividend is declared and paid out before completion of SCR exercise.

Added at 2.16.

theong, I don't see your comment been flagged as abusive.

Don't worry about me. I know when to exit just like when I exited Ekovest-WB at 53 sen recently.

Hahaha, even if it goes to 44 sen I still stand to make 1 sen.