Posted by King Kong73 > 2013-02-06 06:53 | Report Abuse

haha...just sell....shipping company is run by ex petronas mgt team..they are pushing for this so that they dun have to report loss next year..haha...strategic direction my foot..petronas have been steering the company and given them preferential treatment also they struggle.

Posted by blugz83 > 2013-02-06 08:44 | Report Abuse

thats why..5.30 for mega company is too cheap...petronas already know,that misc can go higher. .at least the price should be offer at 7~8 ringgit.

Posted by khalil992418 > 2013-02-06 09:21 | Report Abuse

What is the Petronas objective to privatize this company...? Money, operation or etc.

Posted by Raymond Tiruchelvam > 2013-02-10 18:58 | Report Abuse

the bulk of restructuring and streamlining non-core business would be completed within about a year's time, upon which the share price would revert to its RM7 level... but as of now, its undervalued thus trigering the parent company to take it private... very logic sequence of events, but like in all cases there will always be losers... who are minority shareholders

Posted by angel123 > 2013-02-11 13:36 | Report Abuse

VGO value should be at current NAV