THE COMPANY WISHES TO HIGHLIGHT THAT, ACCORDING TO THE PRESS NOTICE ISSUED BY LTAT, NOTWITHSTANDING THE ABOVE, THE PROPOSAL IS STILL SUBJECT TO OTHER REGULATORY APPROVAL(S) REQUIRED FOR THE PROPOSAL AND 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.
Eric Lim THE COMPANY WISHES TO HIGHLIGHT THAT, ACCORDING TO THE PRESS NOTICE ISSUED BY LTAT, NOTWITHSTANDING THE ABOVE, THE PROPOSAL IS STILL SUBJECT TO OTHER REGULATORY APPROVAL(S) REQUIRED FOR THE PROPOSAL AND 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. 28/08/2020 2:45 PM
Yesterday news is TIPU. They came out with big hole qr and slipped in some "sugar news". Anyway, today, looked like market still "ok like" bstead
thestockoracle another fake news meant to create some hype...very soon it will sink again...
very true.....that is what happened before and with many other counters....ppl trying to spin the story hoping it will be another Kwantas.......but Kwantas is entirely different story.
Today's The Star Biz and latest The Edge Weekly are talking about the privatisation. Looks possible. All their listed stocks will see their real value soon
Clarification The Star Monday,31,Aug,2020 In our Star titled"LTAT's dilemma -Fund contemplating on how to restructure Boustead " published on Aug 29 in StarBizWeek, Boustead Holding Bhd said there is no attempt by the company to fend off a privatisation exercise from Lembaga Tabung Angkatan Tentera (LTAT) ,nor is the company in any discussion to conduct a management buyout
abcb Clarification The Star Monday,31,Aug,2020 In our Star titled"LTAT's dilemma -Fund contemplating on how to restructure Boustead " published on Aug 29 in StarBizWeek, Boustead Holding Bhd said there is no attempt by the company to fend off a privatisation exercise from Lembaga Tabung Angkatan Tentera (LTAT) ,nor is the company in any discussion to conduct a management buyout 31/08/2020 10:48 AM
THIS NEWS, IS SAYING, WE HAVE NOT PROCEED WITH THE COMPLETION NOR START ON THE PRIVATISATION WORKOUT PLAN.
THEY WILL DRAG ON STILL LOOKING AT HOW PATHETIC THE FINANCIAL RESULT THAT WAS OUT.
Accumulate slowly and keep for 1-3 months. I think it will be a good harvest. I opined that it is highly depend on next election timing if it is on the privatisation (two cents view)...
KWAP , KWSP, Tab Haji and PNB related funds asking for higher pricing. Thumb of rule 1.74 NTA even with a discounted valuations on a congolemrate. The sum of parts valuation is still higher at 1.00 +
I think there is still no privatisation deal on the table as the management had denied blocking any deal or have they received any offer. That being the case and until such time the privatisation deal materialises, I think the share price may just roll back to its previous level....
fundamentally the company prospect is its huge challenge facing its enormous debt. the recent quarterly reported significant drop in revenue and big loss. we are talking about 8 digit in billion loss of revenue.
very soon this counter will drop back to 0.62 range again. members can then accumulate later... no point buying at this price. over valued you won't make much
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Posted by Smallretailer > 2020-08-28 09:59 | Report Abuse
Return within one month confirm 10 cents. I m buying bulks now