Really? Where got extra cash., after buying 67.5 M property. BON on US maybe. Warrant is possible...... it looks like warrant is the best dream... that may come true.
Selling Selangor Dredging Building in Jalan Ampang for RM480 Millions. Shareholders will get RM80 millions as dividends. Likely tomorrow trading will be positive.
1) Current share price is low, now at RM 1.07 per share. Why said low ? Share capital is 426.127 mil and the net asset backing = RM 2.08 per share.
2)Someone offering to buy the jalan ampang building for RM 480 mil cash. Management will refund shareholders RM 0.18 per share ( RM 80mil / 426.127 mil shares)
3)Final dividend 2.5 sen will be paid soon pending company announcement.
special dividend given within 2 month when the deal is complete, company say the deal will settle in the first quarter in year 2018, so the special dividend most probably will entitle around march 2018
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nkk53
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Posted by nkk53 > 2016-04-12 18:50 | Report Abuse
Suda bangun?