Good news should coming soon. Time to buy now.

Super good news coming soon.

Pinepac got so much cash RM124 million in hand. Will it giving special dividend?

KUALA LUMPUR (Aug 3): Pasdec Holdings Bhd shareholders have been told to reject the takeover bid launched by its substantial shareholder Datuk Seri Tew Kim Thin, which has been deemed "not fair and not reasonable" by independent adviser Public Investment Bank Bhd (PIVB).

Tew, who is an executive director of Pasdec, is proposing to pay 52.5 sen per share for the remaining 228.41 million shares, or a 57.05% stake, he does not own in the Kuantan-based property developer, as well as one sen per warrant for the remaining 35.78 million warrants, or 31.28%, of the total number of warrants in Pasdec.

In an independent advice circular today, PIVB said although the share offer price represents a premium ranging from 1.98% to 31.71% over the last traded price of Pasdec shares as at July 2, 2018 of 47 sen and the five-day, one-month, three-month, six-month and 12-month volume-weighted average market price (VWAMP) of Pasdec shares, it, however, is lower than the estimated revalued net asset value (RNAV) per Pasdec shares of RM2.11, which represents a substantial discount of RM1.585 or 75.12% to the estimated RNAV per Pasdec share.

Premised on this, PIVB deems the share offer price not fair.

The warrant offer price is also not fair in view that it is at a 90% discount to the theoretical value of the warrant as at July 2, 2018. It also represents a substantial discount of 90% and 90.79% over the last traded price of the warrants as at July 31, 2018 of 10 sen and the five-day VWAMP of 10.86 sen.

The independent adviser said the offer is also not reasonable, considering that the offeror intends to maintain Pasdec's listing status, which means that shareholders will still be able to participate in the trading of Pasdec's shares and warrants.

"In the event that Pasdec declares any distributions in the future, shareholders are entitled to receive the distributions," it added.

"Premised on these, we are of the opinion that the offer is not fair and not reasonable. Accordingly, we advise and recommend that shareholders to reject the offer," said PIVB.

In a filing with Bursa Malaysia today, Pasdec's board of directors concurred, advising shareholders to reject the takeover offer by Tew.

On July 3, Pasdec had received a conditional mandatory general offer (MGO) from Tew through his private investment vehicle Jasa Imani Sdn Bhd, after his shareholding increased to 38.61% from 27.98% following the subscription of rights shares with warrants in the group. Together with the persons acting in concert with the offeror, their collective shareholdings increased to 42.26% from 31.68%.

Pahang State Development Corp, which owns a 26.57% stake in the group, has irrevocably undertaken not to accept the MGO.

Pasdec shares ended the morning session unchanged at 52 sen today, with 53,000 shares done, bringing a market capitalisation of RM208.19 million.

PIVB is a good reputation investment bank. After the MGO, i think PASDEC share price will moving toward RM1.00 since it is highly undervalued.

this minda going to close shop soon. Only few new intake student.

DRBHCOM can buy ?

Navis Capital offer to buy Poweroot at price rm2.50 per share.

poweroot going to privatise at rm2.50 per share.

Poweroot going to privatise at rm2.50

vertice go go go

vertice go go go

Vertice also coming.

Dun forget to buy Vertice 7240. Ewein & Vertice is control by same boss and involved in Penang project.

Ooi Kee Liang is Lim Guan Eng close friend and funder.

‘Penang’s Condo King’ to shake up Tatt Giap?

http://www.theedgemarkets.com/article/penangs-condo-king-shake-tatt-giap

http://www.theedgemarkets.com/article/penangs-condo-king-shake-tatt-giap

This stock link to our finance minister Lim Guan Eng.

This HANDAL no up yet. Sure will coming soon.

Another Stock is HANDAL 7253.

I just found out another stock is HANDAL 7253.

Dun forget EDEN 7471, It is Muhyiddin Yassin link stock.

KUALA LUMPUR: Datuk Fakhri Yassin Mahiaddin will relinquish his non-independent and non-executive director position in Eden Inc Bhd, effective December 31 2017.

In a filing to Bursa Malaysia, Eden said Fakhri, 42, is the son of former deputy prime minister Tan Sri Muhyiddin Yassin.

Fakhri has resigned from the board to focus on his other business commitments.

Fakhri is also the son-in-law of Tan Sri Abd Rahim Mohamad and Puan Sri Fadzilah Md Ariff, who are the executive chairman and executive director of the company respectively.

Fakhri currently holds 40,000 shares in Eden.

According to latest filings to the stock exchange, Rahim and his family hold a combined 29.40 per cent stake in Eden, of which 14.07 per cent are held via Serata Padu Sdn Bhd and another 10.92 per cent held via Zil Enterprise Sdn Bhd.

Eden businesses include power generation, restaurant, food catering, seafood retail and the manufacture of circuit breakers and electrical equipment.

At 5pm today, Eden shares closed unchanged at 17.5 sen, therefore valuing the company at RM54.49 million.
08/05/2018 09:35

OPCOM, EWEIN and EDEN

EDEN is coming

Mahathir stock OPCOM and SAPNRG rise alots this morning. Dun know EDEN will up or not.

EDEN is Muhyiddin Yassin link stock.

KUALA LUMPUR: Datuk Fakhri Yassin Mahiaddin will relinquish his non-independent and non-executive director position in Eden Inc Bhd, effective December 31 2017.

In a filing to Bursa Malaysia, Eden said Fakhri, 42, is the son of former deputy prime minister Tan Sri Muhyiddin Yassin.

Fakhri has resigned from the board to focus on his other business commitments.

Fakhri is also the son-in-law of Tan Sri Abd Rahim Mohamad and Puan Sri Fadzilah Md Ariff, who are the executive chairman and executive director of the company respectively.

Fakhri currently holds 40,000 shares in Eden.

According to latest filings to the stock exchange, Rahim and his family hold a combined 29.40 per cent stake in Eden, of which 14.07 per cent are held via Serata Padu Sdn Bhd and another 10.92 per cent held via Zil Enterprise Sdn Bhd.

Eden businesses include power generation, restaurant, food catering, seafood retail and the manufacture of circuit breakers and electrical equipment.

At 5pm today, Eden shares closed unchanged at 17.5 sen, therefore valuing the company at RM54.49 million.

CREADOR exit cause MINDA share price drop to record low, now only 11.5sen.

MINDA hit 14sen, record low ! This may due to Creador exit from MINDA. 10sen look coming soon.

walao. captain already jump the boat, think the ship going to sink soon. those already in boat, better jump now.

This week will limit up. Getting Saudi Aramco project ! Limit Up

Those still hold Salcon may consider to sell first and buy back at lower price.

Salcon break down its strong support at 40sen. Technically very bearish, next support is 30sen.

those still hold gbgaqrs-w, better sell now. since mother will drop to RM1.20. warrant will expired at june 2018 and exercise is rm1.30. warrant will become worthless if mother drop below rm1.30

I heard that ECRL will only announce after General Election.

There are 2 rumour in market. One is KUCHAI going to give special dividend RM1.20 per share. Another one is KUCHAI taking private at price RM4.20 per share.

Let us together find another stock can rise 100%

Many penny stock below 10sen up 100%-500%, such as PUC, HUAAN, Sterpro, Palette and many many more during this round bull run.

=MARKET BUZZ: Malayan United Industries Up As My E.G. Shareholder Raises Stake

KUALA LUMPUR (Oct 31) -- Malayan United Industries jumps 25% to MYR0.225, highest since May on speculation of potential corporate development after entities associated with My E.G. Services buy shares. "Company is now linked to My E.G., as its latest annual report shows My E.G. Services' business partner Jayakumar Panneer Selvam purchased 11 million shares in company," says dealer at local brokerage. My E.G.'s largest shareholder -Asia Internet Holdings also doubles its stake to 9 million shares, according to its 2017 annual report released today. "Although, their shareholdings are insubstantial, it's still raises speculations of a corporate development," dealer adds.

- By Chong Sin Hao; Dave.Chong@nikkeinewsrise.com; +60320267363
- Edited By Lopamudra Bhattacharya
- Send Feedback to feedback@NikkeiNewsRise.com
- Copyright (c) 2017 Nikkei NewsRise Asia Pte Ltd.

Muiind what news ?? anyone can update

Who is JayaKumar ?

DGSB coming liao

Buyer makan at 5sen now. Go Go go

I study in University BURSA Malaysia.

DGSB doing same business like CUSCAPI. CUSCAPI rose so much recently. DGSB high undervalued now.

DGSB should break 10sen

yap. it is no real ahmadrazak .

break 20sen, will drop to 15sen. SMRT already break new low.

walao ... 49.5sen ! my cost is 53sen

better create telegram group la.

http://www.theedgemarkets.com/article/cuscapi-inix-nova-msc-trive-analabs-triplc