3.) Why Insas keep selling Profitable business ( from AGM 2021 n AGM 2022 ) eg : Singapore business … then RTO M&A from 100 % holding to 53.7 % upon completion..
> > Current Insaf Dividend Yield is 3.05 % … after RTO M&A with 53.7 % .. will be more generous ke or Stingy ke ??? >> Hoho Latest Dividend Yield is reduced, 2.81 % …
CGS-CIMB: China's iPhone ban could negatively impact several local tech names TheEdge Thu, Sep 14, 2023 09:08am - 20 hours
KUALA LUMPUR (Sept 14): CGS-CIMB Securities has maintained its “underweight” rating of the semiconductor sector, and said the Chinese government’s iPhone use ban on its officials and Huawei’s new smartphones could negatively impact several local tech names.
In a sector update on Wednesday, the research house said guidance of global chipmakers for the second half of 2023 points to year-on-year mobile softness due to weak spending, but cushioned by growing investments in energy vehicles (EVs) and industrials.
It said the ongoing demand volatility in the mobile device space could pose some downside surprises to earnings should this result in order cuts for the exposed local companies.
CGS-CIMB said that among outsourced assembly and testing players, Inari Amertron Bhd and Globetronics Technology Bhd have the largest exposure to the mobile phone market, specifically to Apple.
“Meanwhile, we believe Unisem (M) Bhd could benefit from rising shipments of Huawei smartphones due to its diversified portfolio.
CGS-CIMB said that among outsourced assembly and testing players, Inari Amertron Bhd and Globetronics Technology Bhd have the largest exposure to the mobile phone market, specifically to Apple.
SSLee, as 29th largest shareholder of Insas, should ask the management why acquire a loss making company M&A. Something is not right. What is the rationale behind? Is it because Insas wants to access the clients database in M&A?
1) The Dividend is Low even shareholders had been demanding for Higher Dividend % ?
2) Repeatedly issued RI to get Money from shareholders to pay bridging Loans ??
2a ) why Insas Staff Expenses is increased Over RM 20 million on 2021 compared to 2020 ? After the RI issued n get money from shareholders?? 3.) Why Insas keep selling Profitable business ( from AGM 2021 n AGM 2022 ) eg : Singapore business … then RTO M&A from 100 % holding to 53.7 % upon completion.. > > Current Insaf Dividend Yield is 3.05 % … after RTO M&A with 53.7 % .. will be more generous ke or Stingy ke ???
4.) Oh posted earlier also : Associate company Omesti sold Microlink ( later Agong became substantial shareholder 10.76 % ) ..
5.) On Associate Company Divfex ( formerly DGSB ) .. Insaf increased holding from 19.97 % to 25.72 % … Regularisation Plan time frame submission in another 2 months as posted earlier ( Since 2020 loh ) .. By July 2023 ..
6.) haha as posted here much earlier.. Insaf keep selling Inari shares since 2019 , selling at Low price …why ah ???
3.) Why Insas keep selling Profitable business ( from AGM 2021 n AGM 2022 ) eg : Singapore business … then RTO M&A from 100 % holding to 53.7 % upon completion..
> > Current Insaf Dividend Yield is 3.05 % … after RTO M&A with 53.7 % .. will be more generous ke or Stingy ke ??? >> Hoho Latest Dividend Yield is reduced, 2.81 % …
The rationale for the RTO exercise is to unlock the value of Insas’ investment in M&A Securities by monetizing and securitizing the shares in M&A Securities via SYF. This will enable M&A Securities as a separate listed entity under SYF: (a) to raise its future funding requirement through the capital market independently from Insas; (b) expand its customer base; and (c) attract, retain and reward talented employees from the financial services industry to further grow and expand the M&A core businesses
Pursuant to this RTO exercise, SYF will raise RM97 million from the Proposed Rights Issue and Proposed Restricted Issue which will strengthen the financial position of M&A Securities, and we are cautiously optimistic that M&A Securities will grow and expand further its core businesses and its financial performance moving forward.
Hoho what did shareholders got ? Any benefits ? Just prepare for any round of RI le :
2.) Key Matters Discussed at the 60TH Annual General Meeting of Insas Berhad held on 25 November 2022 :
After your disposal of M&A to SYF for listing, Insas Cash holding cash per share will further increase from the present already high level, will management distribute a >special one-time dividend for Insas shareholders?
The proposed disposal of M&A Securities Sdn Bhd (“M&A”) will be fully satisfied by the issuance of new SYF shares and there is no cash payment to Insas in this RTO transaction. Post completion, SYF will become a 53.7% direct subsidiary of Insas and M&A will become a 100% owned subsidiary of SYF.
Insas is not able to distribute the SYF shares as dividend-in-specie to Insas shareholders as by doing so, Insas’ interest in SYF will be diluted to below the 50% threshold.
KUALA LUMPUR: Mercury Securities Group Berhad, the first stockbroking company to seek and gain an initial public offering (IPO) listing in Bursa Malaysia in the last 20 years, expects to raise RM39.27 million through the issuing of 157.09 million shares at 25 sen per share.
The company released its prospectus in conjunction with its initial public offering (IPO) and listing on Bursa Malaysia's ACE Market.
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UlarSawa
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Posted by UlarSawa > 2023-09-14 22:12 |
Post removed.Why?