Hate to spoil your mood, but: In section 4.1(b) of announcement dated 31/3/14: "... pays any dividend ..., the offeror may reduce the offer price by amount equivalent ...."
Sometimes I wonder, why got people buying at RM7.74 when take over price is RM7.80? Or is it the takeover company buying up slowly as long as it is below RM7.80?
To accept the offer, you need to go to the CDS department of your broker to do a CDS transfer first, after that you need to send back the transfer receipt together with the completed 'form of acceptance & transfer' to the offeror.
My advice is to wait for the offer to become unconditional before you proceed.
"Holders of the Offer Shares who have accepted the Offer at the original offer price of RM7.80 per Offer Share will be entitled to receive the revised cash consideration of RM8.20 per Offer Share under the Revised Offer."
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oasischeah
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Posted by oasischeah > 2014-04-16 20:49 | Report Abuse
Yes, The company should consider giving us the due dividend before "Take Over".