Acceptance of Hwang take over offer @ RM2.65 @ 21st July 2016

yes. dbs doesn't accept but still does not change the fact that those "who choose not to accept or sell" will be holding unlisted shares after 2nd of September.

Thanks kaikai! very valuable lesson for illiterate normal person like me. i learn a lot from you.

indeed very literate

kaikai...please read carefully..."THEY DO NOT INTEND TO MAINTAIN LISTING" they don't need to maintain their listing status now which they already achieve their intention. I don't understand what do you mean by "make their control over the company more difficult".

You left out one very important note, please read Non-Interested Director's recommendation. Can you please enlighten us, who is the Non-Interested Director? It's a very straight-forward scenario.

shareholders will be holding unlisted shares if u choose not to accept.

actually there's nothing wrong with the quarterly result, they still manage to churn our RM10-11mil operating profit every quarter, the headline figures look depressing only because of the one-off gain in divestment 2015 Q. Cash is still rolling into the company as the NTA still around the same at RM3.22 after paying out RM25mil as dividend and the huge pile of liquid assets still around RM400 mil.

The stock is illiquid, punters had push up the price for the last 2 months hoping for a short term gain via special dividend. Now, they are throwing off to cut loss.

Even if they do acquire new business, I believe with their previous investment banking experience they will be able to scout for good deals to enhance shareholders value.

7th April is still weeks away, they won't announce delisting during this period to violate the obligation moreover there is a 2.5 years obligation on the tax part. the management won't take any chances to violate the agreement.

We should only be worried when the management spent our money on silly things. But hwang management continue to do their job well growing the cash pile during this period while we are waiting patiently.

Tower Reit Ex- Dividend = 0.0373 *10000 = RM373

Hi Mr.Tan,

The link for my self-managed portfolio is as below. Thanks.

http://klse.i3investor.com/servlets/pfs/53967.jsp

Hi,my self managed portfolio. Here is the link. Thank you.

http://klse.i3investor.com/servlets/pfs/53967.jsp