Unconditional takeover price only rm1. Just ignore the trasfer form don't sign to agree the takeover. The market closed at rm1.58 who is so stupid to sell at rm1.
The take over activity will never happen as long as no one sign and accept the deal and then it will game over when due date on May. Otherwise, someone is stupid to sign. The deal was agreed during the price was at RM 0.90 over that time. So, the take over side must fulfill the deal process.
We need an individual savvy investor like Dr Yu, did to HL capital, to hold more than 8% of shares to have bargain power with Actis.. to raise the selling price
During Actis Stark (Mauritius) Limited initial emerged as the substantial shareholder with a 44.4% stake... not sure so far he has accumulated how many shares from open market..If there is no 1 hold > 8%, the take over will be successful..
Manila, PHILIPPINES – GHL Systems Berhad (“GHL”) is pleased to announce that its wholly owned subsidiary, GHL Systems Philippines, Inc (“GHL Philippines”) will commence offering beep™ payment acceptance services to Philippines In-stores merchants. The roll out will start before end May 2017. beep™ is a stored value e-payment service which allows consumers to make payments using a contactless smartcard or any other form factor containing the beep™ Application (the “beep™ card”) at Transport Establishments and other accredited retailers, merchants, and establishments where the beep™ card is accepted as means of payment for goods and services. beep™ is owned by AF Payments Inc. (“AFPI”), the company awarded by the Department of Transportation and Communications of the Philippines the contract to develop an automatic fare collection/ticketing system for Light Rail Transit 1, Light Rail Transit 2, and Metro Rail Transit 3, which shall be expandable to allow inclusion of other transit and non-transit participants into a generic closed-loop micropayment solution fulfilling other commercial functions.
The offer, which is open until 5pm on March 12, is not conditional on any minimum level of acceptances as Actis and its persons acting in concert (PACs) already hold more than 50% of the voting shares (63.48% as at April 18)
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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....
suregain
1,611 posts
Posted by suregain > 2017-04-28 10:40 | Report Abuse
i suda made profit!!! yahhhoioooo.... gogogo