I think it no point continue debate on this issue pls respect our desicion .It up to anyone who think it OK as rm 1.1 is a good price go ahead vote yes. But if you feel it a lousy offer vote against.I believed there are people who was piad to write to accept the offer just like manipulate price down during the last year.

Who is more greed ? Offerer or offeror. A house price was rm2 but was told only rm1.

I will let you win this augment on this issue .What ever you are try to do will not change change my stand. I believed the rest of us will stick to our desicion.I know you are smart but please don't think other are stupid.

Could not understand why some people could not accept some shareholders want a better price after so many years investment in company. With NTA of near rm 2 most of it in cash but SCR offer rm1.1 . I am still wonder who are they taking the time and trouble to write to ask us to take the offer?Do they get price or gain anything out of this?The monent we said we already form grouping. The attack become more serious and intense. I am not born yesterday.For better or worse I will take my calculate risk.

We already started forming minority group.if you own MAA shares and you feel you not getting a fair price on SCR you can join us.

I don't know why people are angry .We are just trying for fair price.???Is it wrong to get a fair price?i found it very strange or wonder who are they?

MAA GROUP BERHAD

Type Announcement
Subject OTHERS
Description MAA GROUP BERHAD ("MAAG" OR "COMPANY")

PROPOSED SELECTIVE CAPITAL REDUCTION AND REPAYMENT EXERCISE OF MAAG PURSUANT TO SECTION 116 OF THE COMPANIES ACT, 2016 ("PROPOSED SCR")
The terms used herein shall have the same meaning as those defined in the Company’s announcement dated 27 February 2019 in relation to the Proposed SCR, unless otherwise stated.



We refer to the Company’s announcement dated 27 February 2019 in relation to the Proposed SCR.



On behalf of the Board, Affin Hwang Investment Bank Berhad wishes to announce that, in accordance with Paragraph 3.06 of the Rules on Take-Overs, Mergers and Compulsory Acquisitions 2016, the Company had, on 14 March 2019, appointed Mercury Securities Sdn Bhd as the Independent Adviser to provide comments, opinions, information and recommendations to the Board (except for the Interested Directors) and to the Entitled Shareholders in respect of the Proposed SCR.



This announcement is dated 14 March 2019.

Let it go higher .

Wait for the independent report believed will be out next week.

Let see today price. Suppose to be very interesting.

It about time minority shareholders stand our ground.Dont let them bully us always.Stand unite. Don't let them manipulate the price at rm1. I even brought at rm 1.

If I am TY I will accumulate as much as possible at around rm 1 still get extra10% free at the same time increase the share holding.Win win situation for him.

11 millions done can be combination of small share holder my friend and kids all sold except me.

Yes Markus he on vacation until 15 March.I believe he reply soon.

We noted your comments.



We are keenly monitoring the next course of actions by the Board and Company on the proposal by the majority shareholders and the upcoming EGM.



At the moment, the Board has engaged an adviser and Independent Adviser (ID) to look in the matter as per the Company’s announcement dated 27th Feb 2019 . We await the recommendation of the Board and the advice from the ID. The above case is under our monitoring. Attached our newsletter highlighting the offer.

Primarily, the ID would be subject Part E of the above Chapter 10 and Appendix 10A , please keep tab on the coming announcements and issuance of the Circular and to attend and exercise your vote accordingly.



Status of PN17

The Company had provided the status of its PN17 dated 1 March 2019 below. (Company’s Announcements)

The Company had on 30 October 2018, announced that Bursa Securities had vide its letter dated 30 October 2018, granted an extension of time of up to 30 April 2019 to submit the Plan to the regulatory authorities. In this respect, the Board of Directors of the Company (“Board”) wishes to inform that the Company is still in the midst of formulating the Plan to regularise its financial condition and will submit it to the regulatory authorities for approval.

Further to the above, the Board had, on 27 February 2019, announced that it received a letter from Melewar Acquisitions Limited and Melewar Equities (BVI) Ltd (collectively, “Non-Entitled Shareholders”), in their capacity as major shareholders of the Company, requesting the Company to undertake a selective capital reduction and repayment exercise pursuant to Section 116 of the Companies Act, 2016 (“Proposed SCR”) (“Letter”).

Under the Proposed SCR, shareholders of the Company (other than the Non-Entitled Shareholders) whose names appear in the Record of Depositors as at the close of business on an entitlement date to be determined and announced later by the Board, who collectively hold 167,740,668 ordinary shares in the Company (“MAAG Shares”) representing 61.33% of the Company’s issued share capital, will receive a total capital repayment of RM184,514,735, which represents a cash amount of RM1.10 for each MAAG Share held by them.

Please refer to the Company’s announcement dated 27 February 2019 for further details.

I am willingly to attend any EGM I believed the board of directors will calling EGM anytime soon.I am from Kedah.I will try to increase my equity in MAA.I been getting unfair price from campany taken private so many time.This time I will do what are neccessry to fight for fair price.Hope we will make it. Don't just write here and compliant do something make noise to SC. They have the power to take action.

Talk and doing nothing is no point .Do something or join us. We fight for a fair price.Let join ✋ together.

Come-on let fight for our right. I have already contact Markus.

Yes will buy let see how trading today.

I am with you . You can count me in.

Major shareholder using scare tactic to accumulate at rm1? Rich powerful peoples getting richer by manipulated .

I don't think fund can buy PN17 counter.

Good

I think as a minorities shareholder it always been bully get manipulated by major shareholder when ever they want to company private when the asset is very high compare with share price.I was manipulate so many time.Recently Daimai.

You can followup on SC file number [Case:SC2018-1494]

have expected major shareholder was planning to take the company private when they aggressive suppress the share price have made noise to the company directors and SC.Even file a complaint to SC until today they only reply with
no conclusive anything yet.That was last year.

Deborrah@maa.my

aduan@seccom.com.my

Baobab if you want to know more contact me I have info.

No seller because it limit up price.

Yes I believe so.Before and after announcment.

I can share info and get 5000 lots for vote.

Let us form a group to reject the offer.Anyone want lead?

Who know Danny was working for them to scare us to sell our share.

Look at my early comment today.

I believed they the major shareholder already hold more than 50 percent.

They have press the price down for the past few months to the low of 0.4 now they take price of the lowest to adjust the capital reduction.

1.10

During at AGM voting count I believed the major shareholder already got more than 50%.

Another break up coming or break down?ha ha ha

Chart pattern looking highly possible to move to next level.

Buy back 60cents.Wait for few days seem cannot drop below 59.5cents.

Very difficult to get it low. Waiting for final year announcements.

Sold some at above 0.62 made some profit .Planning to buy back.

They can comments all sort of things .But most important gain and profit.ha ha ha.

I think there are very high possibility of capital repayment.

Wow 0.63 cents also done.

Price is moving up.

Finally seeing invert H&S pattern breakup. Only low volume.

I agreed with Markus.Have been tracking MAA for few years.Before the price drop to the lowest point there were always trascation of 100 lot size trading beginning and closing time.Who are the person do you think want to trade with 100 units?