Posted by markchan > 2023-05-11 11:30 | Report Abuse

when is the last day to sell?
After take over the share still be there right?

Posted by chin5675 > 2023-05-15 08:02 | Report Abuse

yes how now? keep or sell?

Posted by Johnzhang > 2023-05-15 21:24 | Report Abuse

Look out for the announcement that the takeover offer being declared unconditional. After the offer being declared unconditional, we still have at least 14 days to accept the takeover offer .
Do you own analysis and make your own decision.

Posted by rohank71 > 2023-05-15 23:44 | Report Abuse

look like LTAT can't get 90%. better pile up as it can be another FGV. don't meet public spread and price fly high.

Posted by rohank71 > 2023-05-15 23:47 | Report Abuse

or drop first and than bounce... acceptance is too low.

Posted by TheContrarian > 2023-05-18 09:50 | Report Abuse

Read that LTAT has crossed 90% and will be delisted.

Posted by proudbeggar > 2023-05-18 10:15 | Report Abuse

That means that they can compulsorily aquire the balance 10 % dissenting shareholders. Those who still hold Bstead shares now no need to do anything. https://www.nst.com.my/business/2023/05/910546/ltat-firmly-track-privatise-boustead-now-owns-over-90pct-stake

Posted by proudbeggar > 2023-05-18 11:00 | Report Abuse

Note that the offer has not yet become unconditional ( still conditional on the approval by regulatory authorities ). But very slim possibility that the whole offer could be withdrawn.

Posted by Kensington > 2023-05-18 15:55 | Report Abuse

There are 2 very important dates we have to keep in mind, i.e. (i) 12 June 2023 the date on which the Offeror must fulfil the BNM Conditions, otherwise the Offer will lapse and (ii) 26 June 2023 on which the Offer will remain open if the BNM Conditions are fulfilled after the First Closing Date 22 May 2023.
Of course there is a real risk that if the Offer will lapse then the market price of 85.5 sen per share cannot be sustained.

Posted by chin5675 > 2023-05-19 11:46 | Report Abuse

up

Posted by TheContrarian > 2023-05-21 17:04 | Report Abuse

Cannot up.

Posted by Lester Teow > 2023-05-24 08:21 | Report Abuse

I am not going to sell, LTAT need Boustead to pay dividend then LTAT can pay their members every year. So i will maintain as Boustead shareholder as LTAT to receive dividend every year. Other company may have risk, but Boustead is bonded to pay dividend to LTAT

Posted by Lester Teow > 2023-05-24 08:24 | Report Abuse

IF you need your money then sell, because this money will be locked until they offer u to sell again

Posted by proudbeggar > 2023-05-24 09:37 | Report Abuse

Not sure if the 90 % compulsory acquisition rule applies to total number of shares in the company OR 90% of shares not held by LTAT at the time of offer ( which is 40 % or 27.2% ?)

Posted by Lester Teow > 2023-05-24 10:16 | Report Abuse

Now definitely will be delisted, you can't sell after that, think twice if you wanna hold

Posted by Lester Teow > 2023-05-24 10:17 | Report Abuse

there will be no higher offer price since alr exceeded 90%

Posted by TheContrarian > 2023-06-12 22:15 | Report Abuse

Who still holding?

Posted by proudbeggar > 2023-06-14 10:31 | Report Abuse

SUSPENSION OF TRADING
BOUSTEAD HOLDINGS BERHAD
Kindly be advised that trading in the securities relating to Boustead Holdings Berhad will be suspended with effect from 9.00 a.m., Tuesday, 20 June 2023, pursuant to Paragraph 16.02(3) of the Main Market Listing Requirements

Posted by TheContrarian > 2023-06-14 15:36 | Report Abuse

Still got people buying at 86 sen.

Posted by DickyMe > 2023-06-23 12:37 | Report Abuse

https://www.malaysiakini.com/news/669671

Posted by DickyMe > 2023-06-23 12:38 | Report Abuse

As expected.

Posted by BILLC > 2023-06-23 16:05 | Report Abuse

Jialat,,,Boustead pon kena tong tong chiang,,,wong fei hong sao tong,,,,wakakaka,,,,

Posted by k3nthiew > 2023-09-15 10:46 | Report Abuse

Hi, any existing bstead shareholder around??

Posted by k3nthiew > 2023-09-15 10:47 | Report Abuse

May i know what happen during the egm on 9th Sep?

Posted by k3nthiew > 2023-09-15 10:48 | Report Abuse

Or any shareholder receive cash from bstead?

Posted by Thinkerbell > 2023-09-15 11:12 | Report Abuse

They took away all your shares and bank in the amount but called it "Dividend Payment" 🤣

Posted by k3nthiew > 2023-09-15 11:17 | Report Abuse

@Thinkerbell, you received the money?

Posted by Thinkerbell > 2023-09-16 07:41 | Report Abuse

The offer price 0.855 was 33% below NTA of 1.28. Initially they called a few times asking if I wanted to sell which I said “No not selling”. Yes it was snatched away and they just deposited the amount into my bank account yesterday. When I first saw the amount in the bank account I was surprised and when I login to check it was humorously stated as “Dividend payment Boustead Holdings”.