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2014-08-10 10:40 | Report Abuse
Khazanah proposes selective capital reduction to de-list MAS
News Business 2014-08-08 12:04
KUALA LUMPUR, Aug 8 (Bernama) -- Khazanah Nasional Bhd today submitted a formal request to the board of directors of Malaysian Airline System Bhd (MAS) to undertake a selective capital reduction and repayment exercise of its ordinary shares.
Upon completion of this exercise, Khazanah Nasional will become the sole ordinary shareholder of MAS, which would lead to a de-listing of the counter from Bursa Malaysia.
"The proposed de-listing of MAS will enable minority shareholders to receive a capital repayment amount of 27 sen per ordinary share, amounting to RM1.38 billion, representing a 12.5 per cent premium to the closing price on Aug 7 and a 29.2 per cent premium to the three-month volume weighted average market price," said Khazanah Nasional in a statement today.
Khazanah Nasional said the proposed de-listing of MAS represented the first stage of the restructuring scheme, which it announced in June, following its consultation with the special shareholder, the Minister of Finance Incorporated.
It reiterated that the proposed restructuring will critically require all parties to work closely together to undertake what will be a complete overhaul of the national carrier on all relevant aspects of, inter alia, the airline's operations, business model, finances, human capital and regulatory environment.
"Nothing less will be required in order to revive our national airline to become profitable as a commercial entity and to serve its function as a critical national development entity.
"Khazanah is in the final stages of completing the overall restructuring proposal and, upon due process and approvals from the relevant authorities, regulators and the special shareholder, we envisage that additional detailed plans will be announced by the end of this month," it added.
DOES THAT MEANS DUE TO THE COURT ORDER ALL THE MAS SHARES CAN BE COMPULSORY ACQUIRED AT 27 SEN ??
2014-08-09 15:36 | Report Abuse
At the close of 1839, the KLCI Index broke the 200 day simple MA support at 1840. Please be watchful of this support. It bears watching because those who did not in 1998 and 2008 like this uncle met with disaster. Hehe ,,,,read more at http://shareinvestormalaysia.com/stock-market-sell-signal/
2014-08-08 20:52 | Report Abuse
aiyoooo...byk pening baca peraturan2 ....hehehe....play with cash. No cash No play ...simple
2014-08-08 16:46 | Report Abuse
Let him be. Forum - we have to accept got all types of ppl hehehe
2014-08-08 16:44 | Report Abuse
yes Khazanah is interested in 100% of MAS shares, that rite !!!!!!
2014-08-08 16:41 | Report Abuse
better buy FD collect BR1M lorrrrrrrrrr
2014-08-08 16:36 | Report Abuse
Kukuman, have you prepared for a correction ??? Hehehe,,,,,,,,http://shareinvestormalaysia.com/survive-stock-market-correction/
2014-08-08 16:32 | Report Abuse
Monday morning droop more ????????? No crystal balls hehehe
2014-08-08 16:21 | Report Abuse
dr_warrant has surrendered ,,,,,,.raise the white flag .....time to buy hehehe
2014-08-08 15:20 | Report Abuse
The opposite. He he....if think like everyone how to make money
2014-08-07 22:03 | Report Abuse
By end of Aug will EXPLODE UPPPP !!!!! Hihihihihi
2014-08-07 21:56 | Report Abuse
shquah@notice oredi sent to mr bones hehehehehe
2014-08-07 21:54 | Report Abuse
yup, uncle helped this morning ,,,,50 votes yes to all ...so approved hehehe
2014-08-07 21:52 | Report Abuse
eric@borrow from ah long ?? No wonder so kan cheong hehehe ....pdz up or down depends .on the reply to UMA ...last time they reply got RT want to dispose his shares mah .......
2014-08-07 19:40 | Report Abuse
I have been inside pdz since 6 sen. I know pdz better than anyone else hehehe
2014-08-07 19:30 | Report Abuse
Good for ppl like uncle to collect at lower prices hehehe
2014-08-07 11:31 | Report Abuse
Particulars of Shareholder
Name : Datuk Tiah Thee Kian
NRIC/Passport No./Company No. : 470901-01-5071
Nationality/Country of Incorporation : Malaysian
Address:
No. 44 Jalan Medang Tanduk, Taman Bukit Bandaraya, 59100 Kuala Lumpur
Descriptions (Class and Nominal Value):
Ordinary Shares of RM1.00 each
Name and Address of Registered Holder:
TASEC Nominees (Tempatan) Sdn Bhd
34th Floor, Menara TA One
22 Jalan P. Ramlee
50250 Kuala Lumpur
Details of Changes
Date of Notice : 24/07/2014
Transactions:
No. Date Transaction Type No of Shares Price (RM)
1. 21/07/2014 Acquired 500,000 1.030 ****
2. 22/07/2014 Acquired 500,000 1.044 ****
Circumstances by reason of which change has occurred:
Acquired from the open market
Nature of Interest:
Direct
Consideration:
No of Shares Held After Changes:
Direct : 525,652,200 shares (30.7100%)
Indirect/Deemed Interest : 0 shares (0.0000%)
Total : 525,652,200 shares
Remarks:
Submitted By:
24/07/2014 07:00 AM
Ref Code: 201407243600097
**** Uncle Tiah buy 1.03-1.04 ....super safe buy 0.975 now hehehe
2014-08-07 11:25 | Report Abuse
mr bones ,,,,any future write up on TA ? High NTA, super bullish stock market, landbanks. Please share with us tq ok
2014-08-07 11:18 | Report Abuse
takpa tak dapat ....sy masook ta hehehe
2014-08-07 10:30 | Report Abuse
hmmm...any change drop? Uncle want in back hehehe
2014-08-06 16:31 | Report Abuse
another day of correction to clear the overbot positions ....arggghhhh
2014-08-06 16:26 | Report Abuse
temp koyakkk ,,,,,,watch mkt like correction coming
2014-08-05 08:56 | Report Abuse
ayamtua@ hai pkl 12 pagi sudah berkokok ....good sign hehehe
2014-08-05 00:00 | Report Abuse
With a stock market correction relatively common, how do you survive a correction? Here are a handful of tips for surviving a correction and coming out the other side with your nest egg intact at http://shareinvestormalaysia.com/survive-stock-market-correction/
2014-08-04 19:12 | Report Abuse
hmmm....big surprise from kenanga hehehe???http://gorengaddict.blogspot.com/2014/07/kenanga-last-of-stockbrokers-to-move.html
2014-08-04 19:09 | Report Abuse
HOPEFUL GREEN GREEN COME 7/8 SO EVERYONE GO WITH SMILING FACE
2014-08-04 19:07 | Report Abuse
WAIT UNTIL NECK LONG LONG ....NO SHOW AI YA
2014-08-04 19:05 | Report Abuse
dr_warrant ...GONE CASE LIAO ...kena EBOLA .....ehehehe
2014-08-04 16:47 | Report Abuse
aiyooo last call .........buy or sell ???????? kih kih kih
2014-08-04 16:45 | Report Abuse
Always Take Profits From The Stock Market
This is the most sensible thing to do in the stock market, period. When the price of your shares hit the profit target, sell and get out from the stock.
Buy and hold is good if the stock have not move. But if the stock move a lot in a short period of time, it is probably time to take some profits as it could be priced way above the intrinsic value.
Cash Is Always King
As the stock market goes higher and higher, it is probably a good time to take profits on your stocks and go into more cash. Be smart and keep the cash intact. Don’t go chase after another stock using the available cash you have in hand.
Sometimes it is better to sit tight and do nothing. Wait until you see a real stock market correction before using the cash you stashed away for a rainy day.
Keep An “Opportunity Fund”
If you like to explore this “cash is always king” idea further, why don’t you keep some money in an “Opportunity Fund” – this is a cash account that you funnel money into over time, allowing you to take advantage of opportunities when they present themselves to you.
If the market drops by 10%, you could take some of this money and put it in the market. There are many uses for an opportunity fund, so having one for a rainy day such as this is a good idea.
Don’t Put Everything In The Market
People tend to put more money into investments that they are getting good returns over time. This happens fairly often in the stock market, especially during an extended bull run such as what we are experiencing today. In the end, they have everything they own in the stock market. And, this could be a fatal mistake.
In fact, as the stock market goes higher, it is a wise move to slowly reduce your expose to the market until things look cheaper. To survive a stock market correction, you need to keep a good balance between what you have in the stock market with your other investments so that you can come out from it with most of your eggs intact.
Drawing Up A Survival Plan
Everything starts with a plan. If you do not have a plan to prepare for a stock market correction, how are you going to be ready when it comes. But, with a plan in your hands, you will know why you are doing what you are doing and will be able to better survive a stock market correction.
- See more at: http://shareinvestormalaysia.com/survive-stock-market-correction/
2014-08-04 14:57 | Report Abuse
sold pdz switch sumatec???? hehehe ....uncle takda berani lah......tunggu korrection dulu...baru fikir masuk !!!
2014-07-31 23:40 | Report Abuse
Goodness !!!!!
2014-07-31 23:38 | Report Abuse
Yeah, US is red red besok bursak oso red red .........
Blog : How To Survive The Stock Market Correction
2014-08-10 10:44 | Report Abuse
KLCI likely to stage further correction next week http://www.mysinchew.com/node/100718