People are just collecting slowly. The moment the news are out, it'll be too expensive to collect. How many counters in our Exchange can you find where there is no gearing, money making and half the value of its NTA. With the news on Great Eastern, it's going wake up some analyst.
WSJ just reported GE already commenced early discussion with KWSP for sale of a stake in its Malaysian operation. There is also some speculations of an IPO to meet Bank Negara's ruling to Malaysianise said stake.
The Directors have recommended, for shareholders’ approval at the Annual General Meeting, the payment of a final one-tier tax exempt dividend of 50 cents per ordinary share plus a special one-tier tax exempt dividend of 10 cents per ordinary share. Upon approval, the final and special dividends will be payable on 8 May 2018. Including the interim one-tier tax exempt dividend of 10 cents per ordinary share paid in September 2017, total dividends for the financial year 2017 would amount to 70 cents per ordinary share.
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....
Goofy
177 posts
Posted by Goofy > 2018-01-21 11:51 | Report Abuse
https://www.theedgesingapore.com/foreign-insurers-plan-us2-billion-malaysia-deals
30% of Great Eastern Malaysia could fetch rm5billion ringgit.