Also equally important is the earning. Associate companies: Inari, Hohup, DGSB will contribute share of profit and cashflow in the form of dividend. Wholly owned M&A and ICL is doing well. From this two streams should contribute earning in excess of 90 million per year
The SC rule and regulation stated once shareholding reach 33% threshold then need to offer conditional MGO. If holding between 33- 50% then if shareholding increase above threshold of addition 2% in any 6 months period then need to offer conditional MGO.
The condition is upon acceptance result in offeror reaching 50% holding the offer is then unconditional. Otherwise the conditional MGO is considered fail.
Dear deMusangking, I move out from JAKS and invest in Ranhill and YTLpower. I still believe in power and water business beside Ranhill and Ytlpower is dividend giving. All the best to you with JAKS.
Haha Mike please keep talking to yourself about yourself. Many people here like to know you better. So that we can learn how not to fall into pump and dump trap. PA 10 cents coming.
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Sslee
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Posted by Sslee > 2021-03-15 08:47 | Report Abuse
Also equally important is the earning.
Associate companies: Inari, Hohup, DGSB will contribute share of profit and cashflow in the form of dividend.
Wholly owned M&A and ICL is doing well.
From this two streams should contribute earning in excess of 90 million per year