@AnthonyAng666 Agreed. The reason why this stock didnt fly yet is because this deal needs approval from 3 parties. 1 has already approved - Egypt. Turkey and MAC is the others. The risk of the whole deal being aborted is also there as well. Other than that, potential for upside is good.
I guess the sales agreement with GIP includes restriction of dividend payment. Anyhow i wish dividend will be declared or selling price will be increase since the profit increase. :)
Question, what if I hold till the privatization approved and exercised? My units on hand will be auto bought over by the main shareholders at the price RM11? What about the processing time and fees? Any advice is appreciated.
Mavcom already approve the privatisation of airport on 30 October 2024. The entire privatisation process will be completed before end of December 2024.
Based on today price (RM10.46), I don’t think any shareholder will reject the offer price of RM11 for privatisation of airport. Nobody will crazy enough to reject free money right? (Thats an Instant and Secure Profit of 5%).
This deal is a sure win deal for minor shareholders like us.
Mavcom actually already announce on their website on 30 October 2024. That why airport share price rise so much on 1/11/2024. Newspaper always slow action one.
Consultation on the Proposed Decision on the Voluntary Notification and Application of an Anticipated Merger by Gateway Development Alliance Sdn Bhd, Pantai Panorama Sdn Bhd, Kwasa Aktif Sdn Bhd, and GIP Aurea Pte Ltd in relation to the Proposed Privatisation of Malaysia Airports Holdings Berhad MAVCOM has found, through its Proposed Decision, that the anticipated merger by Gateway Development Alliance Sdn Bhd, Pantai Panorama Sdn Bhd, Kwasa Aktif Sdn Bhd, and GIP Aurea Pte Ltd in relation to the proposed privatisation of Malaysia Airports Holdings Berhad would not infringe the prohibition in section 54 of the Malaysian Aviation Commission Act 2015.
MAVCOM welcomes any party to submit written feedback on the Proposed Decision by email to competition@mavcom.my by 5.00 pm on 6 November 2024.
Consultation on the Proposed Decision on the Voluntary Notification and Application of an Anticipated Merger by Gateway Development Alliance Sdn Bhd, Pantai Panorama Sdn Bhd, Kwasa Aktif Sdn Bhd, and GIP Aurea Pte Ltd in relation to the Proposed Privatisation of Malaysia Airports Holdings Berhad
This is just a typical procedure for MAVCOM to show that they have democracy, your objection will not change their decision. It is considered approve already, just pending last step which is 90% shareholders agree on it.
Just accept the privatisation offer at RM11 and take your profit. Don’t make it so complicated🙂
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
AnthonyAng666
303 posts
Posted by AnthonyAng666 > 2024-07-31 16:09 | Report Abuse
Huat Chai 🤗
--------------------------------
AnthonyAng666
Below RM10 is a good buy in my opinion 🙂
2 weeks ago