test the reaction of the shareholder and come back with a revised offer..so I strongly believe that he will be back with another better offer soon...stay tune
just wonder how many % left in market? Just be caution if they get >90% and apply delist and force take over. other than that lower than 2.50 offer is not acceptable.
I noticed that someone is trying control the price at RM1.71 n whenever there r buyers at that price he let go the shares. I wonder whether I'm right or not ? U all try to see that!
Hong Leong IB stated "Moreover, given the intention of maintaining the listing status, we believe the MGO is more a regulatory issue rather than taking the company private."
don't worry la...it seems like he has no intention to take it private..he just want to increase his stake in the company...of coz la holding so many RHB share..
We refer to the announcements dated 9 July 2013 and 10 July 2013 in relation to the Offer.
Pursuant to Section 33 of the Malaysian Code on Take-Overs and Mergers, 2010 (“Code”), OSKH wishes to announce that OSKE has dealt in the OSKH Shares for its own account on 10 July 2013. Please refer to the attachment for further details.
hi newbiestock, thanks for advice, you advice is highly considerable. I will not spamm thread using 1 on 1 bonus issue or calling RM10 coming or RM20 coming :) I'm curious what OLH is doing on OSK as I have holding this share 3years. Till now i got quite good return on OSKH, so if it going to privatise; another stock that force to disappear from my porfolio. I like holding good payout dividend share.
his strategy is obvious to buy more share...whether to take it private or not that is a side question. If he does, he will need to give a revised offer but as of now, he will buy as many as he could at this price from open market.
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Posted by crawler > 2013-07-10 11:10 | Report Abuse
test the reaction of the shareholder and come back with a revised offer..so I strongly believe that he will be back with another better offer soon...stay tune