Posted by drakoryn > 2017-03-13 16:03 | Report Abuse

yes, i'm having a laughing cramp lol

Posted by khatulistiwa1234 > 2017-03-13 16:07 | Report Abuse

I KNOW YOU , brother , why not meet one day .

Posted by khatulistiwa1234 > 2017-03-13 16:07 | Report Abuse

ANY RELATIVE with YAP SIR ????

Posted by khatulistiwa1234 > 2017-03-13 16:08 | Report Abuse

MADAM LIEW is your MUM ????

Posted by khatulistiwa1234 > 2017-03-13 16:13 | Report Abuse

SISTER serena717 , proof i am not lie to you , DAMANSARA GUY know me .

Posted by cherry88 > 2017-03-13 16:45 | Report Abuse

Hallo..be serious and don't off focus ! We should be united to vote against the resolution

Posted by tiennhieu > 2017-03-13 16:52 | Report Abuse

2 more days to go. the final result will shown.

Posted by khatulistiwa1234 > 2017-03-13 17:02 | Report Abuse

RELAX cherry88 , look you worry too much , patient , tolerance and bulletproof is this second touching , you feel better , money is not everything , take care your health even most important , i know you depress .

Posted by khatulistiwa1234 > 2017-03-13 17:05 | Report Abuse

YOUNG GIRL , cherry88 , use more time on family matter is suggest , don't waste time on stock , maybe last time you LUCKY make it , CRISIS will take it away , like me , BAD EXPERIENCE before .kikiki

Posted by cherry88 > 2017-03-13 17:06 | Report Abuse

Thanks, khatulistiwa1234. Health is the most important asset in life

Posted by khatulistiwa1234 > 2017-03-13 17:06 | Report Abuse

CYCLE CRISIS is ahead , think twice before action .

Posted by pussycats > 2017-03-13 18:22 | Report Abuse

The big fish if doesnot eat small fish, how the big fish survive. We small fish must joint hands to ffight big fish. Like a big small army of piranhas, will eat up a big shark. let the big shark bleed to death. Advice taken from AyamTua

Posted by share2014 > 2017-03-13 21:19 | Report Abuse

Let it goes down to 0.32 first

Posted by serena717 > 2017-03-14 15:05 | Report Abuse

tmr will be a long battle. For those attend EGM, have a nice breakfast. It will be some 4 hours long EGM

Posted by tiennhieu > 2017-03-14 16:42 | Report Abuse

any news please share. Thank you. I have submitted my proxy.

Posted by xcu843 > 2017-03-14 16:56 | Report Abuse

Tomorrow EGM start from what time to what time?

Posted by Eric Fong > 2017-03-14 17:10 | Report Abuse

100% support for special dividend...hahaha

Posted by kstay60 > 2017-03-14 18:01 | Report Abuse

EGM 9.45am

Posted by kstay60 > 2017-03-14 18:02 | Report Abuse

of course support special dividend, but rights issue no entitled to it.
so, don't support rights issue

Posted by empyreal > 2017-03-14 18:12 | Report Abuse

Minority shareholders meeting highlighted an important point: one of the value propositions (worth 180 mil) is actually a receivable from a subsidiary. Rather sneaky of them to put that in the proposal hoping the shareholders dont notice.

Posted by serena717 > 2017-03-14 19:34 | Report Abuse

how much the MSWG value the land, empyreal?

Posted by serena717 > 2017-03-14 19:35 | Report Abuse

will you attend EGM tmr?I guess MSWG will attend too

Posted by empyreal > 2017-03-14 20:38 | Report Abuse

I had a meeting, so i arrived at the end of todays mswg. I have another meeting tomorrow morning but i have sent my proxy form - i dont mswg will attend, they are there just to educate us shareholders.

But as a shareholder i recommend that anyone attending the egm tomorrow to raise questions: ask about the receivables from subsidiaries, cgpm's profitability, the land valuations, the costs to develop them. Also ask why raise funds by issuing shares instead of financing - and is this part of maylands attempt to clear their balance sheet in order to list themselves. Ask them, is this l&g's proposal or mayland's ?

Tell them l&g isnt a subcontractor for mayland - they expect us to buy their land, raise the funds, develop their lands, and then share the profits?

Then vote against the proposal. It creates no value for the company, or its shareholders.

Posted by alamak123 > 2017-03-14 21:52 | Report Abuse

sorry，May i ask a question ?if tomorrow the EGM passed all the proposals,what can we do ?sell the share until below RM0.20 to make the RI no value ?

Posted by serena717 > 2017-03-14 22:33 | Report Abuse

empyreal, MSWG meaning about receivables is the RM180 mil can not translate to 100% valuation as there is a high probability of bad debt, correct?

Posted by empyreal > 2017-03-15 00:01 | Report Abuse

yes, i need to look again at the report, but that's the concern.

as to whether you should sell it to 20 sen, i dont think that's going to change anything. mayland is required to take up at least 820 mil of the RI - whatever the price of the parent may be.

one positive thing is that mayland cant vote during the meeting. ive not heard any commitments from the institutional funds, so if someone can raise the issue (and quote the issues raised by mswg) the institutional funds may be persuaded to vote against too.

Posted by kstay60 > 2017-03-15 01:12 | Report Abuse

http://www.thestar.com.my/business/business-news/2010/07/03/famous-past-scandals/
let what happened in the past be a warning for the future

Posted by empyreal > 2017-03-15 10:01 | Report Abuse

if anyone attending the egm can give a live update here, we'll all would be quite appreciative.

Posted by hpcp > 2017-03-15 12:02 | Report Abuse

Egm outcome?

Posted by tiennhieu > 2017-03-15 12:13 | Report Abuse

nobody would like to share the outcome, seem not a good sign.

Posted by drakoryn > 2017-03-15 12:25 | Report Abuse

still talking, alot of angry shareholders

Posted by Hitto > 2017-03-15 12:31 | Report Abuse

烈火莫息!

Posted by empyreal > 2017-03-15 12:39 | Report Abuse

its good that there's a lot of voices against this. please make sure that the proxy votes dont accidentally disappear.

Posted by xcu843 > 2017-03-15 12:40 | Report Abuse

Outcome?

Posted by hpcp > 2017-03-15 13:00 | Report Abuse

The transactions are at RNAV valuation. Most property companies are trading at a discount with some at a deep discount to RNAV most of the time. Why the independent adviser said the deal is fair and reasonable?

Posted by cytew > 2017-03-15 14:21 | Report Abuse

All proposed resolutions passed....get ready to buy cheap shares (expected to be sold down by weak and angry retailers) from all the defeated retailers

Posted by xcu843 > 2017-03-15 14:29 | Report Abuse

Susah liao

Posted by cytew > 2017-03-15 14:47 | Report Abuse

The best strategy now is (1) subscribe for right issue ,(2) Apply for excess shares left by unsubscribed share holders, (3) arbitrage your existing shares if OR is trading at discount during 5 days trading period.

Posted by drakoryn > 2017-03-15 15:02 | Report Abuse

did they say what price the rights will be exercised at?

Posted by cytew > 2017-03-15 15:10 | Report Abuse

Would not be high, because Mayland intends to take up unsubscribed shares left by minority shareholders, just like during LA right issue in 2013, Mayland bought 100 million LR from open market about 5 sen each , and get extra units through excess share application.

Posted by lkhoong > 2017-03-15 16:32 | Report Abuse

0.33 buy?

Posted by drakoryn > 2017-03-15 16:55 | Report Abuse

buy if you have enough money to take up the rights as well

Posted by xcu843 > 2017-03-15 17:13 | Report Abuse

worth to buy?

Posted by tah16600 > 2017-03-15 17:13 | Report Abuse

Better buy Bornoil cos this ctr got potential to go up .

Posted by pussycats > 2017-03-15 17:20 | Report Abuse

good luck. I am going to buy to average down.

Posted by pussycats > 2017-03-15 17:23 | Report Abuse

Have to average down. No choice, force by Kanasai Mayland boss.

Posted by pussycats > 2017-03-15 17:26 | Report Abuse

price will be forced down to 29.5 sen by Mayland boss. Hopefully price will not reach 29.5 Sen. How come Kanasai Mayland can get approval???

Posted by xcu843 > 2017-03-15 18:48 | Report Abuse

So tomorrow share will drop to 29.5?

Posted by cytew > 2017-03-15 19:55 | Report Abuse

Do not buy now, buy its OR later

Posted by xcu843 > 2017-03-15 20:18 | Report Abuse

Why? Can we get lower price?