kc_kc

kc_kc | Joined since 2014-04-26

Investing Experience -
Risk Profile -

Followers

0

Following

0

Blog Posts

0

Threads

52

Blogs

Threads

Portfolio

Follower

Following

Summary
Total comments
52
Past 30 days
0
Past 7 days
0
Today
0

User Comments
Stock

2014-06-01 23:30 | Report Abuse

you will have to rely on private sources don't think such info is made public. LTH's holding is less than 5% hence not a substantial shareholders and there is no requirement to announce when it acquires/disposes (announcement may give an indication of the price using the prevaling price at that point as a benchmark)

Stock

2014-06-01 23:19 | Report Abuse

pretty much depends on how tabung haji disposes its shares. If disposal is done via direct business transaction with identified purchaser then don't think the sell volume in market may be too heavy. For institutional investors, acquisition/ disposal of shares may not always be done through the market.

Anyway there will be 6 months for disposal to take place and do expect disposal to be gradual. Look at Parkson which was removed from the syariah compliant list in november 2013, tabung haji still continued holding shares in parkson till April 2014 as there was still announcement on change in substantial shareholding by Tabung Haji made around that time.