1 person likes this.

11 comment(s). Last comment by oskallan 2016-08-23 14:08

davidkkw79

5,068 posts

Posted by davidkkw79 > 2016-07-30 21:18 | Report Abuse

Not fair, but What u can do ?

joelim17

31 posts

Posted by joelim17 > 2016-07-30 21:46 | Report Abuse

If I not mistaken, the M&A Act provides YTL will need to get agreement from 90% of us as minority shareholders in order to successful trigger mandatory acquisition all remaining shares in YTLE.Shall we united? =)

limko1

283 posts

Posted by limko1 > 2016-07-30 21:53 | Report Abuse

Yes, don't let the majority take advantage of us. Share out the risks at the initial period using our hard earned money and take it private at half or more than half of what we paid initially when it is time to enjoy the fruit. Especially when they jack up the price of YTL from around 1.50 to 1.68 to further squeeze you!

Posted by retailer168 > 2016-07-31 23:00 | Report Abuse

oelim17, do you know how long is the agreement for YTLE to continue to share their WiMAX spectrum with YTL Communications?

joelim17

31 posts

Posted by joelim17 > 2016-08-01 09:57 | Report Abuse

I think the point would be YTLE is the ultimate owner of the spectrum which is crucial for a telco to ensure competitiveness and business sustainability (pls ref. latest spectrum refarming news in malaysia). However, this is also an issue that YTL provide limited information the stakeholder and keep mouth tight on based on various interview conducted by newswires.

Posted by retailer168 > 2016-08-01 17:08 | Report Abuse

joelim17, I am shocked that bursa did not ask and that YTL has not provided what is obviously material information. I concur with your view that this offer grossly undervalued YTLE. In fact, the latest copy of The Edge painted the same picture as well.

joelim17

31 posts

Posted by joelim17 > 2016-08-02 09:10 | Report Abuse

We as minority shareholder maybe could seek Minority Shareholder Watchdog Group (MSWG) advice and assistance.Anyone know how to approach MSWG?Do they accept case proactively?(www.mswg.org.my)

Posted by retailer168 > 2016-08-02 13:00 | Report Abuse

The Edge article indicates that the deal is a rip off. Very disappointed that FY should do such a thing. I am going to sell my holdings.

ocean25

1 posts

Posted by ocean25 > 2016-08-16 16:34 | Report Abuse

Shall we united? Fight for our rights?

joelim17

31 posts

Posted by joelim17 > 2016-08-19 00:39 | Report Abuse

Support...a mouse can toppled the big elephant!We are a bunch of mouse~ xD

Hey guys, pls refer latest bursa announcement on 15/8/16 for details:

Posting Date: 15/8/16
First Closing Date :15/9/16
Closing Date (Max.): 15/10/16 (our survival date)

*** Any offer may revise up to 1/10/16, the revised benefits of the offer will be made available to the holder who have previously accepted the offer.

YOU DO NOT NEED TO TAKE ANY ACTION SHOULD YOU DECIDE NOT TO ACCEPT OFFER.

The take-over offer may declared unsuccessful if all shareholder remains as above mentioned~ ;-)

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5176693

Posted by oskallan > 2016-08-23 14:08 | Report Abuse

So, just don't do anything?

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