Huge block 0.255 and 0.260..

Wti now 45.72.

Wti now 45.72.

Wti now 45.72..

Thinking to keep it until it reaches to it's tp. How about you, marcofu88 bro?

Tomorrow mari again?

Expecting tomorrow SMRT performance..

Bro Alibi, u said like that will make many people not happy already.. Lol.

Systec already long time didn't fly high..

Ok bro Kingston 1. Thx.

The above news means (RM 112,000,000 for 115,656,700 shares hold by Siva kumar, per share is 0.968 per share.)?

http://www.thestar.com.my/Business/Business-News/2015/01/12/SMRT-Creador-to-make-RM112m-offer-for-MEGB/?style=biz

Not many lah... But for me is a lot.

Yeah loh. Today I look like panda bcz few days didn't sleep good.

Sorry muscle bro, which part showed 60 sen take over?

Bro lucifer178, why said koyak? It said MEGB will be taken by SASB and karenga which these 2 also under SMRT, right? Isn't it means the deal still on?

Type Announcement
Subject MULTIPLE PROPOSALS
Description SMRT HOLDINGS BERHAD (“SMRT” OR “COMPANY”)

(I) PROPOSED ACQUISITION BY STRATEGIC AMBIENCE SDN BHD (“SASB”), A WHOLLY-OWNED SUBSIDIARY OF SMRT, OF APPROXIMATELY 23% OF THE VOTING SHARES OF MASTERSKILL EDUCATION GROUP BERHAD (“MEGB”) (“PROPOSED ACQUISITION”); AND

(II) PROPOSED PLACEMENT OF UP TO 10% OF THE ISSUED AND PAID-UP SHARE CAPITAL OF SMRT (“SHARES” OR “SMRT SHARES”) (“PROPOSED PLACEMENT”)

(COLLECTIVELY REFERRED TO AS “PROPOSALS”)

We refer to the Company's announcement dated 10 November 2014, 10 December 2014 and 24 December 2014. On behalf of the Board of Directors of SMRT ("Board"), Maybank Investment Bank Berhad ("Maybank IB") wishes to announce that SMRT and SASB have entered into the following agreements today:


(i) conditional share sale agreement ("SSA") between SASB, Arenga Pinnata Sdn Bhd ("Arenga"), a 95.17%-owned subsidiary of Creador II, LLC ("Creador") and Siva Kumar A/L Jeyapalan ("Mr. Siva" or "Vendor") in relation to the proposed acquisition of Mr. Siva's entire shareholding in MEGB consisting of 115,656,700 ordinary shares of RM0.20 each in MEGB ("MEGB Shares"), representing 30.75% of the issued and paid-up share capital of MEGB (excluding treasury shares) ("Voting Shares of MEGB") as at 6 January 2015, being the latest practicable date prior to this Announcement, of which 86,500,212 MEGB Shares ("Available Shares"), representing approximately 23% of the Voting Shares of MEGB, shall be acquired by SASB and the remaining 29,156,488 MEGB Shares, representing 7.75% of the Voting Shares of MEGB, shall be acquired by Arenga; and

(ii) collaboration agreement between SASB and Arenga, setting out the terms of their relationship as shareholders in MEGB and the collaboration arrangement with regard to the proposed conditional takeover offer to be launched by Arenga.

In addition, SASB also intends to enter into a management agreement with MEGB in due course wherein SASB will provide advisory and management support services to MEGB and its subsidiaries ("MEGB Group") in respect of the operation and management of the MEGB Group and its business ("Management Agreement"). Further details of the Management Agreement will be announced once the Management Agreement is entered into.

Arenga had on the same day launched a conditional takeover offer to acquire all the remaining Voting Shares of MEGB not already held by Arenga and the persons acting in concert with it in relation to the takeover offer (“PAC”) (“Offer”). The PACs are SASB, SMRT, Creador II, LP and Creador, which is also the ultimate offeror is Creador.

On behalf of the Board, Maybank IB also wishes to announce that the Company proposes to undertake the proposed placement of up to 10% of the issued and paid-up share capital of SMRT.

Please refer to the attachment for full details of the Proposals.

This Announcement is dated 12 January 2015.

Index red but ifcamsc strong today.

I guess this week no surprise.. Ifcamsc strong.

No movement looks like..

Ok ok...

Today got volume but no movement..

Today systec quiet..

Press conference don't know what time start?

Morning guys.

Next week up to 0.185.

Sorry, when is the RI?

I also no idea, some said good news but some said bad. I also feel not so confident. There will be a press conference on Monday and Tuesday only start trading. My t3 is on Tuesday, so if drop like hell then no choice will pick up since I believe SMRT is a potential company.

Yes, GrandSlam bro..

Thx luffyking bro. I guess still many people worry about the called off case..

Sorry, can I know why so confident?

At least it stable at 47 and 49..

Sounds like deal will cancel bcz SMRT cannot posses more than 25% MEGB share in order to remain MEGB listed.. Sure big drop for both SMRT and MEGB..

Big drop for SMRT and MEGB..

Sounds like deal will cancel bcz SMRT cannot posses more than 25% MEGB share in order to remain MEGB listed..

So many good news from systec but still difficult to go up.. Maybe affected by oil and currency?

Thx keegan90 bro.

25% discount from peak price = 0.60..

Lucky you AABBCC bro..

I bought at 0.215, still consider good price right?

Expecting Monday.. But sad weekend...

Need to settle SMRT so no extra money for Suma already.

Thx bro..

Bro ozzie75, the above statement means bad right? And what is RI? I also don't understand before RI and after RI. Thx bro.

I guess so..

About chatting sounds like not a good news, right?

Oil is dropping again.. Wti 47.64.

Sounds like next week will drop than grow..

Not much lah, kingston1 bro... Just that want to know more to make myself not so worry.. Sorry about that if I really bother you all.

Sorry, I'm not really understand this part..如果你买入它的原因是因为期待它转入主板，而获得不同的评价，那么，这个消息就是你的出场点。