"Everything is still at an early stage. Shareholders should wait for details before taking any position, let us insider take it first " he added. (Malay Mail) kekeke
cimb will spell out the offer price by end aug, nazir said the offer will create value for Aabar who bought rhb shares at 10.80, the offer price shd be 11.50-12.00 or 3.03-3.167 per osk shares, osk still have 0.42 worth of land n building beside rhb shares
Sephiroth, Creating value does not necessarily mean they will offer more than RM10.80 for Aabar's stake. It sounds like they will propose a different arrangement which would perhaps be attractive (not necessarily cash). My feeling is that it will be a share swap.
damagpie, of coz it's all 100% share swap lo, aabar will rather hold shares in a much more liquid largest bank in m'sia rather than the 4th largest illiquid bank mah
Sephiroth, When he says something that creates value I get the impression it will not be a high price but has potential to be great price in future. As you said it will be the biggest bank in Malaysia. Lets hope all shareholders are rewarded.
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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....
_redbull_
171 posts
Posted by _redbull_ > 2014-08-14 11:01 | Report Abuse
Haha....Looking the the swing this morning, the price just can't correct.