Posted by Ridzuan Othman > 2020-07-28 00:15 | Report Abuse

https://www.theedgemarkets.com/article/ranhill-united-plantations-xox-managepay-systems-parkson-affin-bank-th-heavy-engineering?type=malaysia

Posted by ronnie2u > 2020-07-28 07:35 | Report Abuse

Another 3-month extension to 27 October 2020. hahahaha

Posted by hanafi9670 > 2020-07-28 08:52 | Report Abuse

things have change. CPO price up...pharmaniaga got vaccine contract...land at jalan cochrane sold at higher price...royale chulan hotel disposal...offer should be higher....80 sen is a joke...

Posted by Good123 > 2020-07-28 08:52 | Report Abuse

OTHERS BOUSTEAD HOLDINGS BERHAD ("BHB" OR "COMPANY") POSSIBLE PRIVATISATION OF THE COMPANY ("PROPOSAL")

BOUSTEAD HOLDINGS BERHAD
TypeAnnouncementSubjectOTHERS
DescriptionBOUSTEAD HOLDINGS BERHAD ("BHB" OR "COMPANY") POSSIBLE PRIVATISATION OF THE COMPANY ("PROPOSAL")

We refer to the announcements dated 28 May 2020, 29 May 2020 and 26 June 2020 in relation to the Proposal (“Announcements”).

 

The Company wishes to announce that the Company had today received a press notice from Lembaga Tabung Angkatan Tentera (“LTAT”) informing that the Securities Commission Malaysia had, vide its letter dated 24 July 2020, approved LTAT’s application for an extension of time until 27 October 2020 for LTAT to announce its firm intention in relation to the Proposal.

 

Save for the above, there has been no material development in respect of the Proposal.

 

As highlighted in the Announcements, the Proposal is subject to, amongst others, the finalisation of the structure of the Proposal, the requisite funding for the Proposal and the required regulatory approval(s) for the Proposal.

 

THE COMPANY WISHES TO HIGHLIGHT THAT THE PRESS NOTICE ISSUED BY LTAT DOES NOT AMOUNT TO A FIRM INTENTION BY LTAT TO UNDERTAKE THE PROPOSAL. ACCORDINGLY, THERE CAN BE NO CERTAINTY THAT LTAT WILL PROCEED WITH THE PROPOSAL.

 

Please refer to the attached press notice by LTAT for further details.

 

SHAREHOLDERS ARE ADVISED TO EXERCISE CAUTION AND SEEK APPROPRIATE INDEPENDENT ADVICE WHEN DEALING IN THE BHB SHARES SINCE THERE IS NO CERTAINTY THAT LTAT WILL PROCEED WITH THE PROPOSAL.

 

This announcement is dated 27 July 2020.




Please refer attachment below.

Attachments

Press Release-27 July 2020.pdf
56.6 kB


Announcement Info

Company NameBOUSTEAD HOLDINGS BERHADStock NameBSTEADDate Announced27 Jul 2020CategoryGeneral Announcement for PLCReference NumberGA1-27072020-00058

Posted by Good123 > 2020-07-28 08:54 | Report Abuse

:)


OTHERS BOUSTEAD HOLDINGS BERHAD ("BHB" OR "COMPANY") POSSIBLE PRIVATISATION OF THE COMPANY ("PROPOSAL")

BOUSTEAD HOLDINGS BERHAD
TypeAnnouncementSubjectOTHERS
DescriptionBOUSTEAD HOLDINGS BERHAD ("BHB" OR "COMPANY") POSSIBLE PRIVATISATION OF THE COMPANY ("PROPOSAL")

We refer to the announcements dated 28 May 2020, 29 May 2020 and 26 June 2020 in relation to the Proposal (“Announcements”).

 

The Company wishes to announce that the Company had today received a press notice from Lembaga Tabung Angkatan Tentera (“LTAT”) informing that the Securities Commission Malaysia had, vide its letter dated 24 July 2020, approved LTAT’s application for an extension of time until 27 October 2020 for LTAT to announce its firm intention in relation to the Proposal.

 

Save for the above, there has been no material development in respect of the Proposal.

 

As highlighted in the Announcements, the Proposal is subject to, amongst others, the finalisation of the structure of the Proposal, the requisite funding for the Proposal and the required regulatory approval(s) for the Proposal.ment is dated 27 July 2020.




Please refer attachment below.

Attachments

Press Release-27 July 2020.pdf
56.6 kB


Announcement Info

Company NameBOUSTEAD HOLDINGS BERHADStock NameBSTEADDate Announced27 Jul 2020CategoryGeneral Announcement for PLCReference NumberGA1-27072020-00058

Posted by Good123 > 2020-07-28 08:55 | Report Abuse

SHAREHOLDERS ARE ADVISED TO EXERCISE CAUTION AND SEEK APPROPRIATE INDEPENDENT ADVICE WHEN DEALING IN THE BHB SHARES SINCE THERE IS NO CERTAINTY THAT LTAT WILL PROCEED WITH THE PROPOSAL.

Posted by Good123 > 2020-07-28 08:55 | Report Abuse

no certainty pulak.SHAREHOLDERS ARE ADVISED TO EXERCISE CAUTION AND SEEK APPROPRIATE INDEPENDENT ADVICE WHEN DEALING IN THE BHB SHARES SINCE THERE IS NO CERTAINTY THAT LTAT WILL PROCEED WITH THE PROPOSAL.

Posted by hanafi9670 > 2020-07-28 09:06 | Report Abuse

rileks...tak privatize pun ok jugak...there is so much value in Bstead. remember...this company used to be cash cow for LTAT...dividend is good...

Posted by 5354_ > 2020-07-28 09:33 | Report Abuse

Affin loss QR coming how to privatise early?

Posted by 5354_ > 2020-07-28 09:33 | Report Abuse

Provided Affin back to RM 2.

hanafi9670 rileks...tak privatize pun ok jugak...there is so much value in Bstead. remember...this company used to be cash cow for LTAT...dividend is good...
28/07/2020 9:06 AM

Posted by 5354_ > 2020-07-28 09:37 | Report Abuse

Buy NST today if you don't trust me haha.

Posted by bbbbbb > 2020-07-28 09:52 | Report Abuse

POSSIBLE PRIVATISATION OF THE COMPANY ("PROPOSAL")- sudah confirm??????

Posted by nokia8250 > 2020-07-28 10:21 | Report Abuse

Keep getting lower. Boleh pakai still ah?

Posted by smartag > 2020-07-28 10:25 | Report Abuse

Wait n see, 2Q will be hard hit, huge losss possible. No need rush to buy now.

Posted by n3lly > 2020-07-28 10:29 | Report Abuse

https://www.theedgemarkets.com/article/affin-bank-says-listing-asset-management-unit-cards

Posted by hanafi9670 > 2020-07-28 10:47 | Report Abuse

no more heavy selling...time to buy...

Posted by hanafi9670 > 2020-07-28 11:14 | Report Abuse

Aiyo...Affin bukan loss..cuma kurang untung dari last QR...Dont misleading...

......................................................................................

5354__ Affin loss QR coming how to privatise early?

Posted by nokia8250 > 2020-07-28 12:42 | Report Abuse

Anyone nice enough to educate me? Why are we excited about them being privatised ?

Posted by IkanBilisKecilKecil > 2020-07-28 14:44 | Report Abuse

should i cut loss now?

Posted by Jack > 2020-07-28 14:46 | Report Abuse

i also thinking whether to cut loss now

Posted by pineapple123 > 2020-07-28 15:16 | Report Abuse

Their decision to private the company still ongoing. Today is T3 selling force for contra.

Posted by Albert1962 > 2020-07-28 16:17 | Report Abuse

Everyday is T3 for contra players

Posted by winmal > 2020-07-28 16:28 | Report Abuse

to firm out the privatisation... likely they need to renegotiate higher price to secure the deal..

Posted by winmal > 2020-07-28 16:28 | Report Abuse

just buy & keep for 3 months

Posted by BousteadInvestor > 2020-07-28 16:31 | Report Abuse

bought 69. now think to cut or not. why my luck so no good?

Posted by IkanBilisKecilKecil > 2020-07-28 16:32 | Report Abuse

They will.buy our share at 80cents?

Posted by winmal > 2020-07-28 16:45 | Report Abuse

they request other corner investors to agree with such low offer price of RM0.80 whish his NTA above RM1.70

Posted by SuperPanda > 2020-07-28 18:30 | Report Abuse

its not about luck good or bad, its about knowledge and experience and most important is PATIENCE

but even experience traders also get trapped by market, so must know what you are buying

if you play long term and believe of its value, you should not worry but high debt stock can go wrong if not manage properly

Posted by Solomon7 > 2020-07-28 21:06 | Report Abuse

Panda is right. Believe in the value. Keep until LTAT deadline.

Posted by HowAh > 2020-07-28 21:08 | Report Abuse

Should buy right? Privatisation price 0.80

Posted by Good123 > 2020-07-28 21:49 | Report Abuse

Changes in Sub. S-hldr's Int (Section 138 of CA 2016)

BOUSTEAD HOLDINGS BERHAD

Particulars of substantial Securities Holder

NameKUMPULAN WANG PERSARAAN (DIPERBADANKAN)AddressLevel 36, Integra Tower
The Intermark
348 Jalan Tun Razak
Kuala Lumpur
50400 Wilayah Persekutuan
Malaysia.Company No.KWAPACT6622007Nationality/Country of incorporationMalaysiaDescriptions (Class)Ordinary shares of RM0.50 each.

Details of changes

NoDate of change

No of securities

Type of TransactionNature of Interest122 Jul 2020

4,000,000

DisposedDirect InterestName of registered holderKumpulan Wang Persaraan (Diperbadankan)Address of registered holderLevel 36, Integra Tower The Intermark 348 Jalan Tun Razak 50400 Kuala LumpurDescription of "Others" Type of Transaction
Circumstances by reason of which change has occurredDisposal of share in open market by KWAP.Nature of interestDirect InterestDirect (units)180,788,892Direct (%)8.919Indirect/deemed interest (units)Indirect/deemed interest (%)Total no of securities after change180,788,892Date of notice23 Jul 2020Date notice received by Listed Issuer23 Jul 2020

Announcement Info

Company NameBOUSTEAD HOLDINGS BERHADStock NameBSTEADDate Announced23 Jul 2020CategoryChange in the Interest of Substantial Shareholder Pursuant to Section 138 of CA 2016Reference NumberCS2-23072020-00101

Posted by Good123 > 2020-07-28 21:50 | Report Abuse

kwap started dumping bstead shares

Posted by BousteadInvestor > 2020-07-29 02:08 | Report Abuse

Wait for 55 sen ?

Posted by Good123 > 2020-07-29 07:23 | Report Abuse

sometimes, u have a new chairman to boost price but tak jadi akhirnya. was was. careful


KUALA LUMPUR (July 28): Cable and wire manufacturer ConnectCounty Holdings Bhd said today it has ceased all negotiations pertaining to the possible reverse takeover (RTO) exercise involving S5 Systems Sdn Bhd.

This comes after it was reported last Monday that Ancom Logistics Bhd had proposed an RTO exercise which entailed the acquisition of the entire share capital in S5 Holdings Inc — the parent company of S5 Systems.

S5 Systems was reported to be one of the front runners to bid for the new National Immigration Integration System project, which is expected to be awarded in the third quarter of this year.

In an earlier filing with Bursa Malaysia on June 16, ConnectCounty said it was in negotiations with the relevant party pertaining to the possible RTO involving S5 Systems.

From the start of June, ConnectCounty shares jumped by three times, reaching a peak of 39 sen on June 15, from 13 sen. Thereafter, the stock is seen trending downwards.

The counter closed unchanged today at 15.5 sen, valuing the group at RM78.9 million. Since its peak price on June 15, the stock has lost some 60%.

Posted by pineapple123 > 2020-07-29 07:56 | Report Abuse

Private 80c

Posted by Plantermen > 2020-07-29 08:43 | Report Abuse

LTAT need to convince other Glic to accept their proposal. Holding cost of Bstead far higher than 80 sen. Using the average traded price of Bstead { past 1-2 years} Al investment l funds above I 1.00 { against NTA 1.96}

Posted by dompeilee > 2020-07-29 09:44 | Report Abuse

Very few will accept 80c.

Posted by Jack > 2020-07-29 09:50 | Report Abuse

what should be the fair offer price?

Posted by dompeilee > 2020-07-29 09:55 | Report Abuse

Prob is this is a mismanaged co....bleeding & heavily indebted, so they can justify offering only 80c

Posted by thenewbie > 2020-07-29 09:56 | Report Abuse

be patient .. and dont be scare..
slowly accumulate..

Posted by dompeilee > 2020-07-29 09:57 | Report Abuse

In fact, without long-term stable shareholders, the price would already be 20c or less by now.

Posted by dompeilee > 2020-07-29 10:00 | Report Abuse

Even if they put their remaining Royale Chulan hotels on the market now, I don't think they can even get $100 mil for all of them. Fortunately, they did manage 2 sell RC Bukit Bintang to a Sinkie in 2019

Posted by reidtee > 2020-07-29 10:04 | Report Abuse

dont short trade for this counter, it at least 80 cents on oct when privatize come out, Ltat postpone i believe is because of the shareholder not willing to deal on 80 cents

Posted by Jack > 2020-07-29 10:09 | Report Abuse

hmm then should i buy more now since the price is lower than 80c

Posted by reidtee > 2020-07-29 10:10 | Report Abuse

trade on your own risk bro, if you play contra i don think in short term you can get any profit on this counter, maybe can go for other penny stock

Posted by Plantermen > 2020-07-29 10:33 | Report Abuse

Bstead cannot contra play.

Posted by Jack > 2020-07-29 12:02 | Report Abuse

Why the price keep on dropping one

Posted by Good123 > 2020-07-29 13:49 | Report Abuse

new chairman from umno, create such proposal to make money kot? tapi tak certain pulak :)

Posted by Good123 > 2020-07-29 13:50 | Report Abuse

barangkali tak jadi , purposely did it earlier for macai kot?

Posted by Good123 > 2020-07-29 13:51 | Report Abuse

no access to who bought a lot when share price was below 40sen dulu