Date Announced 6 Mar 2013 Category Special Announcement Reference No AM-130306-25592
Please be informed that Mr Hooi is now the single major shareholder of icap.biz. He is now the executive chairman of icap. He owns 95% of icap shares. A General Offer has been made to the minority shareholders of icap. The offer price is RM2.80.
selinelow, may be good time to buy as the discount has widened. Furthermore, this City of London Investment Management Company Ltd has been buying up the stock and their holding is now 8.5%. But you have to fight with the almighty hooi who everyday grabs icap shares like nobody's business. The another thing you have to prepare to be a frusco as the Oracle Mr TTB won't take care of your interest.
kcchongnz.. you missed out our super investor Hooi is also major shareholder of icap..later he will stand for election as director. Once become director, he will kick out TTB and liquidize the fund.
Posted by kcchongnz > Mar 6, 2013 08:34 AM | Report Abuse X Date Announced 6 Mar 2013 Category Special Announcement Reference No AM-130306-25592 Please be informed that Mr Hooi is now the single major shareholder of icap.biz. He is now the executive chairman of icap. He owns 95% of icap shares. A General Offer has been made to the minority shareholders of icap. The offer price is RM2.80.
gark, you are out of date already. hooi is already the chief executive of icap. If I remember correctly, he was supporting TTB to prevent Laxey Partner from getting a seat in the Board. He will protect the interest of the fund manager, not you as a shareholder. Good luck to you man.
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....
hooi
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Posted by hooi > 2013-01-18 11:44 | Report Abuse
Bought Icap at 2.33