Posted by limyee > 2014-03-26 16:55 | Report Abuse

HAHA ...nasib baik lari cepat lebih baik..., then the world is beautiful!!!!!! If not tanah runtuh!!!!!!

Posted by changlk03 > 2014-03-26 16:57 | Report Abuse

moneysucker1, just worry only. U still tambah when drop... Later gonna announce?

Posted by jayhao2000 > 2014-03-26 16:58 | Report Abuse

believe me they will going to annouce in the next 36 hours.

Posted by ktsk88 > 2014-03-26 16:59 | Report Abuse

It suspended at 52 sen, but behind the market is married deals. check the volume keep increasing but not the price.

Posted by Yeamwk > 2014-03-26 17:01 | Report Abuse

in this case, sell on news? OR will be upupup to match the deal?

Posted by samjoeys > 2014-03-26 17:01 | Report Abuse

TM succeeds in acquiring P1 stake
The Malaysian Reserve
| March 26, 2014

menara-tmBy P Prem Kumar

KUALA LUMPUR: Telekom Malaysia Bhd (TM) is believed to have emerged as the successful stake acquirer in broadband Internet service provider Packet One Networks (M) Sdn Bhd (P1).

The current majority stakeholder of P1, Green Packet Bhd, is expected to make an announcement of the winner by end of this week, according to a source familiar with the deal.

“All details of the deal are being finalised. A signing ceremony between Green Packet and TM will be held soon.

“TM is buying a portion of Green Packet’s stake in P1,” said the source.

Attempts made to TM officials to comment on the deal at press time were unsuccessful.

TM is expected to dish out more than RM2 billion for the stake, according to earlier speculations.

The news brings to closure the much-delayed merger and acquisition exercise involving P1 since 2011, with the shortlisted potential buyers besides TM, included DiGi.Com Bhd and YTL Power International Bhd.

P1 — founded in 2002 — is a 57% unit of listed Green Packet and owns valuable wireless spectrum, including 30MHz in the 2.3GHz band (that is used for its WiMAX network), and was one of the eight companies to be awarded last year with 20MHz of the 2.6GHz
spectrum, which would be suitable for longterm evolution (LTE) or 4G-LTE type of services in the future.

TM on the other hand, has some lower bands of spectrum of 450MHz and 850MHz. In March 2007, P1 was one of four companies awarded 2.3GHz spectrum licences by the government to deploy 4G WiMAX services throughout Malaysia, and subsequently, in August 2008, P1 became the first company to launch commercial WiMAX services in Malaysia.

“If the deal happens, TM will gain access to P1’s existing customer base and valuable infrastructure that can be utilised by TM for faster growth in the wireless segment.

“TM will then be a very large player in the business, as they would have a combined deployment of low- and high-frequency bands,” an analyst told The Malaysian Reserve.

P1 has more than 2,000 base stations, boasting a coverage of more than half of the Malaysian population.

As of last valuation in 2010, P1 was valued at RM1.45 billion with a subscriber base of less than 250,000. Its current subscriber base stands at more than 550,000.

P1’s strategic partner is South Korea’s SK Telecom Co Ltd (SKT), which has a 26% stake in P1. SKT is an advanced player in the LTE space, with more than 10 million subscribers, possibly making it the LTE player with the highest subscriber base in Asia.

TM Group CEO Zamzamzairani Mohd Isa said last month that the telco is open for negotiations with any company which complements its business strategy.

“Mobility is important for us especially in the rural areas. We will be open to talk to anyone who is able to complete our portfolio of services, not just restricted to one single company,” he had said.

TM registered a revenue of RM10.63 billion and a normalised net profit of RM1.36 billion for 2013, with this year it will focus on the Internet and data segments to grow its top line.

TM shares closed at a 12- month high of RM6.11 yesterday, a 2.37% jump from RM5.97 recorded on Monday.

About 17.25 million shares exchanged hands yesterday.

Posted by ktsk88 > 2014-03-26 17:01 | Report Abuse

tomorow will limit up. hopefully.

Posted by jayhao2000 > 2014-03-26 17:02 | Report Abuse

www.freemalaysiatoday.com/category/business/2014/03/26/tm-succeeds-in-acquiring-p1-stake/

Posted by changlk03 > 2014-03-26 17:02 | Report Abuse

No news of suspension also..

Posted by samjoeys > 2014-03-26 17:02 | Report Abuse

buyyy

Posted by moneysucker1 > 2014-03-26 17:03 | Report Abuse

i got alot of extra cash..so i am not so worried like many here...if drop ma hold lo...haha

Posted by jayhao2000 > 2014-03-26 17:03 | Report Abuse

is a 'buy' call

Posted by moneysucker1 > 2014-03-26 17:06 | Report Abuse

ktsk, i gotta to ask some of my other partners if they can add you into our group...they may feel uncomfortable because we are relatively tied up to everyone. So new fella come in will be troublesome :)

Posted by eu7985 > 2014-03-26 17:08 | Report Abuse

Got ppl know about this new early right? That make the share price suddenly rise high with huge volume as well...

Posted by pazzoll > 2014-03-26 17:08 | Report Abuse

....he3

Posted by changlk03 > 2014-03-26 17:08 | Report Abuse

moneysucker1, good one! Let's see what's the news. Announcing later?

Possible to add me too? hehe...

Posted by angct1028 > 2014-03-26 17:09 | Report Abuse

normally bursa will put on the suspended notice after 5:30pm.

Posted by hewiester > 2014-03-26 17:16 | Report Abuse

irregardless of who is buying over,GPACKET will still be sold! So why fuss over whether is DIGI or TM?

Posted by danet7882 > 2014-03-26 17:17 | Report Abuse

if no announcement today.. then tomolo we shall see selling pressure again..

Posted by hewiester > 2014-03-26 17:17 | Report Abuse

It should still be SAFE to "BUY" GPACKET, since there is always a buyer to grab hold of the sale :)

Posted by yipcoolseng > 2014-03-26 17:19 | Report Abuse

eventually P1 will be sold lol

Posted by hewiester > 2014-03-26 17:27 | Report Abuse

The price should still continue to rally up tmrw based on the news that GPACKET will be taken over. No need to wait for "headline news" as that will be too late to enter, and price wld have gone up pretty high by then, I think?

Posted by DannyC > 2014-03-26 17:29 | Report Abuse

wat happen..? why rise up to 60cent and drop back to 0.52..? disappointed..!!

Posted by Hotrod > 2014-03-26 17:29 | Report Abuse

The news says end of the week. Probably Friday evening only announce.

Posted by r8 > 2014-03-26 17:29 | Report Abuse

SUSPENEDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDD

Posted by r8 > 2014-03-26 17:30 | Report Abuse

Type Announcement
Subject SUSPENSION OF SECURITIES
Description SUSPENSION OF TRADING OF SECURITIES
GREEN PACKET BERHAD (“GPB” OR “COMPANY”)



The Company had on 26 March 2014 requested for the suspension of trading of its securities for one (1) market day, that is, from 9.00 a.m. on 27 March 2014 to 5.00 p.m. on 27 March 2014, pending a material announcement of a transaction where the percentage ratio calculated in accordance with Chapter 10 of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad (“Bursa Securities”) (“Listing Requirements”) is equal to or exceeds 25%.

The request for suspension is made under Paragraph 3.1(b) of Practice Note 2 of the Listing Requirements on Requests for Suspension.

Bursa Securities had on 26 March 2014 approved its request for the suspension in trading of its securities from 9.00 a.m. on 27 March 2014 to 5.00 p.m. on 27 March 2014.

This announcement is dated 26 March 2014.

Posted by yipcoolseng > 2014-03-26 17:30 | Report Abuse

really suspended d...annoucement out

Posted by pazzoll > 2014-03-26 17:33 | Report Abuse

yesss....!!!!

Posted by kelvin08 > 2014-03-26 17:34 | Report Abuse

at least the heart can slow down,,... still holding..

Posted by pazzoll > 2014-03-26 17:34 | Report Abuse

Friday will limit up....he3

Posted by lclwyp > 2014-03-26 17:35 | Report Abuse

Finally suspension for 1 market day has been announced today

Posted by angct1028 > 2014-03-26 17:35 | Report Abuse

I said already right. Suspended notice will be out at 5:30pm. Why u all think it need to be suspended for one whole day? Because they need to calculate its value. And there is a possibility that got share swapping between GP & TM.

Posted by Lim Yu Feng > 2014-03-26 17:36 | Report Abuse

haha........really suspend liao this time.huat ah................

Posted by Sean Chan > 2014-03-26 17:36 | Report Abuse

The Company had on 26 March 2014 requested for the suspension of trading of its securities for one (1) market day, that is, from 9.00 a.m. on 27 March 2014 to 5.00 p.m. on 27 March 2014, pending a material announcement of a transaction where the percentage ratio calculated in accordance with Chapter 10 of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad (“Bursa Securities”) (“Listing Requirements”) is equal to or exceeds 25%.

The request for suspension is made under Paragraph 3.1(b) of Practice Note 2 of the Listing Requirements on Requests for Suspension.

Bursa Securities had on 26 March 2014 approved its request for the suspension in trading of its securities from 9.00 a.m. on 27 March 2014 to 5.00 p.m. on 27 March 2014.

This announcement is dated 26 March 2014.

Check chapter 10. TMNET gpacket deal is on now.

Posted by milopeng888 > 2014-03-26 17:36 | Report Abuse

dun worry ,will recover up back ,suddenly selling pressure too kuat . suspend annouce for news , this time will break above 0.6 kaw kaw ~

Posted by DannyC > 2014-03-26 17:39 | Report Abuse

any reason y suspension for..?

Posted by kelvin08 > 2014-03-26 17:40 | Report Abuse

can anyone estimate what is the tp.... thanks yo..

Posted by Lim Yu Feng > 2014-03-26 17:41 | Report Abuse

should be limit up on friday.

Posted by danet7882 > 2014-03-26 17:43 | Report Abuse

i need figure.... and why digi n tm no suspend ar?

Posted by Vam Pire > 2014-03-26 17:47 | Report Abuse

congrat to those who sold at >53 today

Posted by changlk03 > 2014-03-26 17:48 | Report Abuse

Another announcement says:

The Company had on 26 March 2014 requested for the suspension of trading of its securities for one (1) market day, that is, from 9.00 a.m. on 27 March 2014 to 5.00 p.m. on 27 March 2014, pending a material announcement of a transaction where the percentage ratio calculated in accordance with Chapter 10 of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad (“Bursa Securities”) (“Listing Requirements”) is equal to or exceeds 25%.

The request for suspension is made under Paragraph 3.1(b) of Practice Note 2 of the Listing Requirements on Requests for Suspension.

Bursa Securities had on 26 March 2014 approved its request for the suspension in trading of its securities from 9.00 a.m. on 27 March 2014 to 5.00 p.m. on 27 March 2014.

This announcement is dated 26 March 2014.

Posted by cihiro > 2014-03-26 17:51 | Report Abuse

what does it mean? it is price up or down after suspended?

Posted by ntha > 2014-03-26 17:52 | Report Abuse

welcome to gpacket

Posted by changlk03 > 2014-03-26 17:57 | Report Abuse

Ya. Why other telco no suspension?

Posted by topaz > 2014-03-26 18:02 | Report Abuse

Guys what does it mean by "equal to or exceeds 25%"?does it mean the opening price after suspension can exceed 25%?

Posted by kenrixx > 2014-03-26 18:07 | Report Abuse

tm going to buy p1?

Posted by Lee Chee Leong > 2014-03-26 18:08 | Report Abuse

No. It means the transaction involved exceed 25% of the total assets of the group

Posted by zu1967 > 2014-03-26 18:08 | Report Abuse

25%. Meaning more than 25% shareholding will be bought by somebody. I think so. Kikikiki

Posted by Sean Chan > 2014-03-26 18:10 | Report Abuse

now gpacket will be taken over by other pp/companies. now see what price do they offer and who are they.

Posted by milopeng888 > 2014-03-26 18:11 | Report Abuse

pending a material announcement of a transaction where the percentage ratio calculated in accordance with Chapter 10 of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad - chapter 10 = Direct Business Transactions ~