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2016-03-30 19:14 | Report Abuse
Without the presence of CS and PAG in Reach, I will have full confident that the QA will be approved by the shareholders.
I was present at Sona's EGM today, most of the retail shareholders I met wanted to vote against the QA for short term gain. The representatives from CS and PAG (Italian guys) were also present at the EGM to vote against the resolution.
If Sona failed, it will definitely affect Reach shareholders' confident level.
Unless Reach is able to come out with some form of sweetener for its shareholders, it will definitely be another fail SPAC.
I am a warrant holder too fyda74, please sell when there is an opportunity to do so.
2016-03-30 08:32 | Report Abuse
Yes, it will fail like SONA and CLIQ as the short term investors like CS and PAG will vote against the QA. Based on insider information, 45% of the shareholders have voted against the acquisition of QA by SONA.
2016-03-29 17:34 | Report Abuse
Yes, the proxy votes has already killed the proposed acquisition. Even the Chairman demanded for a poll also no point as the chance is zero percentage for the acquisition to go through.
Sona Management need to start packing their personal belongings and say good bye to the "Yes" shareholders.
Any comment from Sona Management?
2016-03-29 17:26 | Report Abuse
Allah couldn't help you this time! The proposed acquisition has been voted out by 45% of the total shareholders!
2016-03-29 16:28 | Report Abuse
why need to guess? just call Sona management and you will get the answer! They won't lie to you fools! However, only stupid fools do not how to source for first hand information!
2016-03-29 16:21 | Report Abuse
Everyone know the voting percentage is 45% against proposed acquisiton, only fools will denied the fact. Happy burning your money for those who are still holding the warrants.
2016-03-29 16:14 | Report Abuse
I don't talk cheap, just ask sona management. it is gone, please sell all your warrants while you can.
2016-03-29 16:09 | Report Abuse
there will be no trading halt but there will be no more buyers, just like CLIQ.
2016-03-29 15:58 | Report Abuse
confirmed 45% of the shareholders have voted against the acquisition of qualifying assets. No choice we have to sell all the warrants by today.
2016-03-29 15:58 | Report Abuse
confirmed 45% of the shareholders have voted against the acquisition of qualifying assets. No choice we have to sell all the warrants by today.
2016-03-24 17:04 | Report Abuse
Credit Suisse and Pacific Alliance are holding 12.835% and 9.735% respectively or 22.56% in total.
Their combined shareholdings are going to defeat the Proposed Acquisition for sure. Sell all your warrants now!
2016-03-24 12:52 | Report Abuse
BFM interviewed Datuk Seri Saw Choo Boon, VP of Business Development this morning.
http://www.bfm.my/bg-datuk-seri-saw-choo-boon-sona-petroleum-finding-quality-assets.html
2016-03-23 22:17 | Report Abuse
http://www.theedgemarkets.com/my/article/credit-suisse-axe-another-2000-investment-banking-jobs-revenue-slumps
Let pray hard Credit Suisse will goes bankrupt before 30 March 2016!
2016-03-23 18:55 | Report Abuse
Based on reliable source the chance for Sona to secure 75% shareholders' approval is 50%:50%.
Very high risk for the warrant holders.
Sona shareholders should give full support to the Management in order to defeat Credit Suisse's current shareholding of 12.825%!
2016-03-18 16:29 | Report Abuse
Those who have both the mother shares and warrants must help to vote in favour of the proposed acquisition, if not the warrants will be a total lost.
2016-03-18 11:15 | Report Abuse
Those who have both the mother shares and warrants must help to vote in favour of the proposed acquisition, if not the warrants will be a total lost.
Stock: [FIAMMA]: FIAMMA HOLDINGS BHD
2016-04-14 09:08 | Report Abuse
anyone hurt by fi am ma?