Name MR BRAHMAL VASUDEVAN Nationality/Country of incorporation Malaysia Descriptions (Class) Ordinary Shares Date of cessation 23 Aug 2018 Name & address of registered holder HSBC NOMINEES (ASING) SDN BHD, EXEMPT AN FOR CREDIT SUISSE, HSBC BANK MALAYSIA BERHAD, NO. 2, LEBOH AMPANG, 50100 KUALA LUMPUR No of securities disposed 14,873,200 Circumstances by reason of which a person ceases to be a substantial shareholder Indirect Interest through Shares held by Alaka Holdings Ltd (formerly known as Miletus Holding Ltd) pursuant to Section 8 of the Companies Act 2016. Nature of interest Indirect Interest
Date of notice 27 Aug 2018 Date notice received by Listed Issuer 27 Aug 2018
Yes, we believe in fundamental, ucrest is a profitable and debt free company with good prospect, the price will be stabilized after bhrama finish exiting (if he does), after that it will steadily rise back to itsprevious actual value, now the price gone up and down crazily because of him, that's why it will be good if he is out too.. Just my 2 cents as a non panic seller.
Actually I think tomorrow should gap up instead of gap down after we know what's the cause of the massive sell down. Sell on good results and buy on bramal exit..
as i expected on past week,he do it again on 9th january 2018, but this time he still got a few bullet left, correct me if i wrong :-) ..that hold will be 2months 18days on 23rd august..Lets see what mr eng done next soon..
I like some of you guys comments with a bit of thinking...Total paid is half a billion...he sold off 14 mil or 22 mil Now lets put in perspective does that really something that should shake this company.... N dont forget as some of u said...those who q to buy especially sharks know who is selling based on the Broker Code...so lets see what happens .my 2 cents
i respect his decision just i do not want to heart by those shark again. krono also the same although difft people.why i not able invest company like penta
the past further dump on last week and today affect from mr b and might be others unknown dump too..this remind me on january before he dump it..big pressure price from his action..he might do it again if he still got bullet left in this week..
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....
kenang83
12 posts
Posted by kenang83 > 2018-08-27 17:30 | Report Abuse
i also look good at this stock but :( :(