Ask you what time also don't know.

Maybe I take photos and send to Calvin.

Wednesday nights from what time?

Wow, you made so much from SCIB and KPower, didn't even tell me to buy.

apolloang, you distribute what on Wednesday nights?

Adjournment is for the benefit of those who continue to hold the shares. I didn't say made millions. Mr Balvin holds 1 7 million shares and Mr Navin holds 1.2 million shares. They are the millionaires.

It wasn't easy for me to sell off all at 1.04 as I had a large position in three separate accounts. Furthermore I have friends who also hold big position. We had to sell off over 4 days period in the week before Wesak. If we had tried to sell all in one go, the price would have collapsed. We wonder who were the people who bought off from us.

If there's an adjournment, TY has time to reflect and he might have considered revising upwards the offer to say RM1.30. if he realised that the SCR at the original price is not going to succeed.

SuperDuper, very good of you to disclose what actually took place. If there was a request for adjournment at the EGM, someone should then exercise his rights by calling for a vote to decide on the adjournment.

One day there will an IT theme play just like O&G and Construction theme plays recently. MLab will benefit from an IT theme play.

Dear kun1971kun, you made a bad judgement buying MLab at high price. Now it's too low to sell. This Company has cash and business, it's not a PN17 company, so there's chance to recover your investment either all or substantially. At the moment the stockmarket is bearish, so don't think or worry too much of this counter. If you have some spare money to invest, look for other opportunities. There are plenty now.

After I sold off all my MAA at 1.04 i used all the proceeds to buy into MNRB at 95 sen and two days ago sold off at 1.03. So effectively I made another 8 sen. Hahahaha.

MGO is triggered when 33% level is breached. Already 55% no more MGO, can do either VGO or SCR.

Danny123 will probably return soon.

Wow, you made 100% from SCIB, congratulations.

What happened to SCIB?

The dissenting minorities were too arrogant. You can't just vote down the SCR knowing that there will not be another offer from the Offerors for at least 12 months. The only solution was to request for an adjournment to the EGM to give time to the Offerors to reconsider improving the offer.

KYY buying Toyoink?

The money raised from the rights is been slowly used for various acquisitions. So far, the acquisitions are start-ups, so little revenue.

I asked a question whether there's massive properties impairment. You didn't see the question mark??????

Wow, there's going to be an explosion.

Latlut, I don't know what's going on. First OLH sold off-market 33 million shares which is not a good sign. Then, surprisingly price collapsed. Now OLH has bought back one million shares over two days. I am staying out unless I can get at 83 sen.

MLab announced acquisition. Wonder how the market will react to it next Monday.

I am very grateful to Melewar for proposing the SCR even though it failed. It gave me the opportunity to sell all my MAA shares at 1.04 for a 71% gain. Thank you.

83 sen coming?

Bought back Toyoink at 63 sen.

Hello, hello, hello, QR is out.

Public free float requirement is a listing rule of Bursa. If breached, there is a risk of delisting.

If already own above 50% there's no more MGO to trigger. An MGO is triggered when the 33% level is breached and the General Offer is CONDITIONAL on achieving above 50%. Refer to Datuk Tony Tiah's failed MGO attempt on TA.

Maybe Mr Sslee could check when the one year grace period expires since he holds some TA shares. I have none.

I think the one year period will expire sometime in September, only about 3 months away.

Datuk Tiah not allowed to pay above 66 sen until after one year but you can always pay more to buy.

Tortoise died already due to overdose of kangkung.

MLab current price too low to switch to other counters. This counter can easily push up when they want to do so.

Melewar already owns almost 40%, they just need another 10% support from other shareholders. At the AGM both directors due for reappointment were comfortably voted back.

Coming QR insufficient income, probably small loss again.

Liquidation of a company needs 75% shareholders approval.

Yes csan, Melewar can single handedly block any SCR, that's why we never hear of minority shareholders proposing SCR in any listed company. Even a hostile takeover attempt is difficult.

Anyone else except Melewar can propose a fresh SCR. Who is going to do so? Cipta going to do it? How much you are offering to take MAA private?

It was very foolish to vote against the SCR knowing that there's a 12 months waiting period before the Offerors could make another offer. What should have been done was to request for an adjournment to the EGM for the Offerors to consider improving the offer price.

Yes spot on, exactly 6 sen.

Poll results by value : 42 million shares (70%) voted YES and 18 million shares (30%) voted NO.

There are many other counters, cash rich and growing, some never made a quarterly loss, selling at deep discount.

No, because MAA will be loss making for some time which will depress market price further. Even if there's declaration of dividend, market price will always adjust downwards on ex-dividend date. Look at Dutaland, RM800 million cash but market price so depressed.

50 sen also I won't touch. My last purchase was made at 43 sen. All sold at 1.04.

Yes csan, those big, big minorities talk big only but can't propose a proper solution.

Now wait 12 months for fresh offer if there will be one.

How low will it drop?

People who dare not buy below RM1 failed to make money.

You just got in?