Anybody know reason behind Substantial Shareholder's DATO SRI J.O. NANTHA KUMAR A/L J.C. RAMALU disposing his holding ?

Beware of whatever KYY recommended, quite often it end up not as hoped. Is it his collaboration with the company to benefit them ? This company more toward benefit themselves rather than share with other shareholders.

If somethings big is coming, WHY the director selling ?

From The Edge,

KUALA LUMPUR (June 19): Boustead Plantations Bhd (BPlant) shot up as much as 12 sen or 13.48% to an all-time high of RM1.01 in Monday (June 19) morning trading, after The Edge Malaysia weekly, citing sources, reported that Boustead Holdings Bhd is planning to divest its 57% stake in the plantations group.

Year-to-date, it has risen 70.18% or 41.65 sen from 59.35 sen.

Meanwhile, 49.31 million shares traded hands, making BPlant the sixth-most traded counter on Monday. The volume of traded shares was almost 25 times its 200-day average of 2.21 million.

Boustead, which is in the midst of being privatised by Lembaga Tabung Angkatan Tentera (LTAT), is understood to have invited proposals on the sale of its stake in BPlant two weeks ago.

According to the weekly magazine, bidders include YTL Group, Wilmar International Ltd, IOI Corp Bhd and Kuala Lumpur Kepong Bhd.

My MERDEKA WISH, all the uninformative & non beneficial postings from SEE_RESEARCH, Mikecyc, etc, will gradually disappear....

Tan Aik Pen bought at (MYR) 1.411

Be ware KYY later may paint different story like "hopeless counter", happened several times before.

Share my experience..... My biggest lost were following Uncle KYY leads. Recover all loses after follow Calvin leads.

Earning Per Share not RM1.64, only 1.64 cents