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4 comment(s). Last comment by Vel . 2012-06-05 22:10
Posted by tansrihew > 2012-06-05 19:45 | Report Abuse
looks like btoto is going away from klse. big boys now going overseas.
Posted by angkokann > 2012-06-05 19:48 | Report Abuse
Hi, this news is considered good or bad ?
Posted by Vel . > 2012-06-05 22:10 | Report Abuse
"Following the successful completion of the scheme, BToto would have a 79.54% economic interest in STM-Trust which would own 100% of STM. "
That above statement would indicate that this counter will still be traded in Bursa.
No result.
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CS Tan
4.9 / 5.0
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
hw0706
802 posts
Posted by hw0706 > 2012-06-05 19:33 | Report Abuse
Berjaya Sports Toto (BUY/RM4.25/Target: RM5.30)
BToto shares suspended
What’s new: Shares of Berjaya Sports Toto (BToto) will be suspended with effect from 9am today (5 Jun 12) pending an
announcement.
Comments: BToto is suspended pending a briefing later today. We understand that this is related to the plans of the
company to transfer the listing from FBMKLCI to a Singapore Trust listing. We reckon the response would be lukewarm if
this scheme is not accompanied by added capital management. However, this will still require the approval from the
Ministry of Finance/Government and other parties. At this juncture, our BUY call on BToto is under review.