Posted by Victor Yong > 2020-03-02 21:13 | Report Abuse

The current top 30 shareholders should be willing to cash out if Ayala offers a decent exit price :)

Posted by Victor Yong > 2020-03-02 21:16 | Report Abuse

Ayala Land, Inc. (ALI) is a real estate firm based in the Philippines. It is a subsidiary of Ayala Corporation. It began as a division of Ayala Corporation until it was spun off and incorporated in 1988. It became publicly listed in the Philippine Stock Exchange (PSE: ALI) in 1991. Its core businesses are in strategic landbank management, residential development, shopping centers, corporate businesses, and hotels & resorts. Support businesses are in construction and property management. ALI also derives other income from its investment activities and sale of non-core assets[1].[2][3] Last April 2015, ALI bought a minority stake in Malaysian property developer MCT Bhd. in a P1.9-billion ($43-million) deal.[4]

Ayala Land Inc.
Ayala Land logo.svg
Type
Public
Traded as
PSE: ALI
ISIN
PHY0488F1004 Edit this on Wikidata
Industry
real estate company Edit this on Wikidata
Founded
September 14, 1988; 31 years ago in Manila, Philippines
Headquarters
Makati, Philippines
Area served
Philippines
Key people
Fernando Zobel de Ayala
(Chairman)
Bernard Vincent Dy
(President)
Revenue
Increase ₱124.6 billion (FY 2016)
Net income
Increase ₱24.4 billion (FY 2016)
Total assets
Increase ₱536.4 billion (FY 2016)
Parent
Ayala Corporation
Website
ayalaland.com.ph

Posted by Victor Yong > 2020-03-02 22:01 | Report Abuse

This is the safest property stock owned by Ayala land and the ultimate holdings co, Ayala corp.

Posted by Victor Yong > 2020-03-02 22:02 | Report Abuse

Ayala Corporation (Spanish: Corporación Ayala, formerly Ayala y Compañía) is the publicly listed holding company for the diversified interests of the Ayala Group. Founded in the Philippines by Domingo Róxas and Antonio de Ayala during the Spanish colonial rule, it is the country's oldest and largest conglomerate. The company has a portfolio of diverse business interests, including investments in retail, education, real estate, banking, telecommunications, water infrastructure, renewable energy, electronics, information technology, automotive, healthcare, and management and business process outsourcing. As of November 2015, it is the country's largest corporation in terms of assets ($48.7B).

Ayala Corporation
Ayala Logo.svg
Type
Public
Traded as
PSE: AC
Founded
Manila, Captaincy General of the Philippines
1834; 186 years ago
Founders
Domingo Róxas
Antonio de Ayala
Headquarters
Makati, Philippines
Area served
Philippines
Key people
Jaime Augusto Zóbel de Ayala (Chairman and CEO)
Fernando Zóbel de Ayala (President and COO)
Revenue
Increase ₱237 billion (FY 2016)[1]
Net income
Increase ₱43.4 billion (FY 2016)[1]
Total assets
Increase ₱911.7 billion (FY 2016)
Total equity
Increase ₱370.9 billion (FY 2016)
Website
ayala.com.ph

Posted by Victor Yong > 2020-03-02 22:07 | Report Abuse

:)

MCT Financial Information
Market Capital (RM) 313.25m
Number of Share 1.457b
EPS (cent)* 2.92
P/E Ratio 7.36
ROE (%) 4.66

Posted by Victor Yong > 2020-03-03 06:17 | Report Abuse

Mct through Ayala could also attract rich Filipinos to buy properties here. Ayala also owns the oldest bank in the Philippines, also the second largest

Posted by Victor Yong > 2020-03-03 06:19 | Report Abuse

That's why advance from ultimate holdings company was rm700mil+ in 2019 because Ayala owns a bank in the Philippines

Posted by Victor Yong > 2020-03-03 06:57 | Report Abuse

Better rename as Ayala mct berhad or Ayala land (m) bhd

Posted by Victor Yong > 2020-03-03 10:54 | Report Abuse

Private placement between 88sen and rm1.28 based at the price paid by Ayala, if privatization tak jadi, share price must rise to this level. Otherwise, Ayala rugi besar, privatization is more likely

Posted by Victor Yong > 2020-03-03 13:23 | Report Abuse

Accumulate, wait for ayala's announcement, should be the dominant strategy for this stock :)

Posted by Victor Yong > 2020-03-03 13:26 | Report Abuse

100mil + population in the Philippines. 10% Beli properties from MCT Dah cukup, Ayala Ada bank, BPI in the Philippines can finance it or transfer fund for property purchase in Malaysia

Posted by Victor Yong > 2020-03-03 13:29 | Report Abuse

Bila Ayala starts Beli lagi, sudah endgame nanti :)

AYALA LAND, INC 20-Feb-2018 Others 100 0.000 View Detail
REGENT WISE INVESTMENTS LIMITED 20-Feb-2018 Others 100 0.000 View Detail
AYALA LAND, INC 19-Feb-2018 Others 24,746,001 0.000 View Detail
REGENT WISE INVESTMENTS LIMITED 19-Feb-2018 Others 24,746,001 0.000 View Detail
AYALA LAND, INC 14-Feb-2018 Others 2,904,262 0.000 View Detail
REGENT WISE INVESTMENTS LIMITED 14-Feb-2018 Others 2,904,262 0.000 View Detail
AYALA LAND, INC 13-Feb-2018 Others 15,382,850 0.000 View Detail
REGENT WISE INVESTMENTS LIMITED 13-Feb-2018 Others 15,382,850 0.000 View Detail
AYALA LAND, INC 12-Feb-2018 Others 185,350,144 0.000 View Detail
REGENT WISE INVESTMENTS LIMITED 12-Feb-2018 Others 185,350,144 0.000 View Detail
AYALA LAND, INC 09-Feb-2018 Others 35,858,275 0.000 View Detail
REGENT WISE INVESTMENTS LIMITED 09-Feb-2018 Others 35,858,275 0.000 View Detail

Posted by Victor Yong > 2020-03-03 13:31 | Report Abuse

Beli lagi, endgame nanti :p

AYALA LAND, INC 08-Feb-2018 Others 23,600 0.000 View Detail
REGENT WISE INVESTMENTS LIMITED 08-Feb-2018 Others 23,600 0.000 View Detail
AYALA LAND, INC 07-Feb-2018 Others 250 0.000 View Detail
REGENT WISE INVESTMENTS LIMITED 07-Feb-2018 Others 250 0.000 View Detail
AYALA LAND, INC 06-Feb-2018 Others 24,806,050 0.000 View Detail
REGENT WISE INVESTMENTS LIMITED 06-Feb-2018 Others 24,806,050 0.000 View Detail
AYALA LAND, INC 05-Feb-2018 Others 5,003,000 0.000 View Detail
REGENT WISE INVESTMENTS LIMITED 05-Feb-2018 Others 5,003,000 0.000 View Detail
AYALA LAND, INC 02-Feb-2018 Others 1,203,250 0.000 View Detail
REGENT WISE INVESTMENTS LIMITED 02-Feb-2018 Others 1,203,250 0.000 View Detail
AYALA LAND, INC 08-Jan-2018 Notice of Interest 669,924,633 0.000 View Detail
REGENT WISE INVESTMENTS LIMITED 08-Jan-2018 Acquired 230,115,574 0.000 View
AYALA LAND, INC 02-Jan-2018 Notice of Interest 669,924,633 0.000 View Detail
REGENT WISE INVESTMENTS LIMITED 02-Jan-2018 Acquired 230,115,574 0.000

Posted by Victor Yong > 2020-03-03 13:33 | Report Abuse

Ayala Ada, tak payah peduli technical/graphical analysis :)

Target Price: RM0.365, RM0.385
Last closing price: RM0.330
Potential return: 10.6%, 16.6%
Support: RM0.315
Stop Loss: RM0.300
Possibility of breaking out. MCT is attempting for a breakout from its sideways channel. Improving RSI and MACD indicators currently signal reasonable entry level, with anticipation of continuous improvement in both momentum and trend in near term. Should resistance level of RM0.365 be broken, it may continue to lift price higher to subsequent resistance level of RM0.385.

However, failure to hold on to support level of RM0.315 may indicate weakness in the share price and hence, a cut-loss signal.

Source: PublicInvest Research - 22 Jan 2020

Posted by Victor Yong > 2020-03-03 14:35 | Report Abuse

I think privatisation by Ayala before aug 2020 will occur :)


PUBLIC SHAREHOLDINGS SPREAD
MCT BERHAD

Type Announcement
Subject PUBLIC SHAREHOLDINGS SPREAD
Description MCT BERHAD ("MCT" OR THE "COMPANY")

EXTENSION OF TIME TO COMPLY WITH PUBLIC SHAREHOLDING SPREAD REQUIREMENTS PURSUANT TO PARAGRAPH 8.02(1) OF THE MAIN MARKET LISTING REQUIREMENTS OF BURSA MALAYSIA SECURITIES BERHAD ("EXTENSION OF TIME")
(Unless otherwise defined, the definitions set out in the announcements dated 6 February 2018, 21 March 2018, 29 March 2018, 30 May 2018, 24 July 2018, 1 August 2018, 22 November 2018, 17 January 2019, 30 January 2019, 28 May 2019, 8 July 2019, 9 August 2019, 21 November 2019 and 21 January 2020 (“Announcements”) shall apply herein.)



We refer to the Company’s Announcements in relation to the non-compliance of the Required Public Spread pursuant to Paragraph 8.02(1) of the Listing Requirements. The Board of Directors of MCT wishes to announce that the Company received today the approval letter dated 24 February 2020 from the Bursa Securities granting the Company further extension of time of six (6) months until 4 August 2020 to comply with the Required Public Spread.



As at 31 December 2019, the public shareholding spread of the Company was 24.59%. As such, the Company currently does not comply with the Required Public Spread.



To rectify the non-compliance with the Required Public Spread, the Company is exploring various options including:



1. Discussing with the Company’s major shareholders on the possibility of selling-down its shareholding to public shareholders;



2. Engaging with investment banks to identify potential public investors to increase public spread via a private placement; and



3. Intensifying communication with potential investors, analysts, research houses and shareholders to instil investor confidence and create better awareness and understanding of the Company’s business to increase take up of shares while retaining public shareholders in the Company.



The Company will continue to monitor the level of public shareholdings and make the necessary announcement in relation to the status of compliance with the Required Public Spread in accordance with the Listing Requirements.



This announcement is dated 25 February 2020.

Posted by Victor Yong > 2020-03-03 14:36 | Report Abuse

Either privatisation or the share price must rise for private placement to comply with shareholdings issue. Ayala bought MCT shares between 88sen and rm1.28

Posted by Victor Yong > 2020-03-03 14:46 | Report Abuse

I believe MCT is one of the stocks that could double or triple in price when the political situation returns to normalcy or when Ayala announces privatisation if any

Posted by Victor Yong > 2020-03-03 16:04 | Report Abuse

Executives
NAME/TITLE
Susan Job Secreto
Chief Financial Officer
Apollo Bello Tanco
COO/Executive Director
Teh Heng Chong
Executive Director
Chan Sau Leng
Joint Secretary
Lim Sim Hui
Investor Relations

Board Members
NAME/COMPANY
Tan Sri Dato Sri Abi Musa Asa'Ari Bin Mohamed Nor
Ybhg Dato Tan Sri Haji Abdul Karim Bin Shaikh Munisar
Bernard Vincent O Dy "Bobby"
Ayala Property Management Corp
Anna Maria Margarita B Dy
Lao Chok Keang
Ma Luisa D Chiong
Cebu Holdings Inc
Apollo Bello Tanco
MCT Bhd

Posted by Victor Yong > 2020-03-03 16:05 | Report Abuse

Income Statement Quarterly
0
75
150M
Q1 2019
Q2 2019
Q3 2019
Q4 2019
2
8
14%
Q4 2019 (Millions MYR)
Revenue 118.20
Net Income 15.66
Profit Margin 13.25%
Balance Sheet Quarterly
0
1
2B
Q1 2019
Q2 2019
Q3 2019
15
17
19%
Q3 2019 (Millions MYR)
Total Assets 1,789.62
Total Liabilities 879.71
Debt to Assets 16.09%
Cash Flow Quarterly
-100
-50
0
50
100M
Q1 2019
Q2 2019
Q3 2019
Q3 2019 (Millions MYR)
Operating 61.35
Investing 45.37
Financing -22.88

Posted by Victor Yong > 2020-03-04 09:07 | Report Abuse

Tabung Haji punya syer Dalam MCT 9%+ boleh dijual kepada Ayala nanti


5182 MCT MCT BERHAD
Changes in Sub. S-hldr's Int (Section 138 of CA 2016)
Particulars of Shareholder
Name : URUSHARTA JAMAAH SDN. BHD.
NRIC/Passport No./Company No. : 201801045610 (1307
Nationality/Country of Incorporation : Malaysia
Address:
LEVEL 7, BANGUNAN SETIA 1, 15, LORONG DUNGUN, BUKIT DAMANSARA, 50490 KUALA
LUMPUR Wilayah Persekutuan Malaysia
Descriptions (Class and Nominal Value):
ORDINARY SHARES
Name and Address of Registered Holder:
You are advised to read the entire contents of the announcement or
attachment.To read the entire contents of the announcement or attachment,please
access the Bursa website at http://www.bursamalaysia.com
Details of Changes
Date of Notice : 14/02/2020
Transactions:
No. Date Transaction Type No of Shares Price (RM)
1. 12/02/2020 Transferred 133,480,000 -
Circumstances by reason of which change has occurred:
TRANSFER OF ORDINARY SHARES BY THE REGISTERED HOLDER TO CITIGROUP NOMINEES
(TEMPATAN) SDN BHD WHO IS THE CUSTODIAN AND FUND ADMINISTRATOR FOR URUSHARTA
JAMAAH SDN BHD'S ("UJ") EQUITY PORTFOLIO HOLDINGS.UJ IS THE BENEFICIAL OWNER OF
THE SAID ORDINARY SHARES.
Nature of Interest:
Direct Interest
Consideration:

No of Shares Held After Changes:
Direct : 133,480,000 shares (9.1600%)
Total : 133,480,000 shares
Remarks:
You are advised to read the entire contents of the announcement or attachment.
To read the entire contents of the announcement or attachment, please access
the Bursa website at http://www.bursamalaysia.com
Submitted By:

17/02/2020 07:00 AM

Posted by Victor Yong > 2020-03-04 09:09 | Report Abuse

OPR cut positive for property sector

Bank Negara cuts key interest rate to 2.50pct
MARCH 3, 2020 @ 3:48PM
BY NST BUSINESS

Bank Negara Malaysia (BNM)
KUALA LUMPUR: Bank Negara Malaysia’s Monetary Policy Committee has reduced the Overnight Policy Rate by 25 basis points to 2.50 per cent.

This was the second cut so far this year and was largely in line with economists’ expectations.

In January, Bank Negara reduced the OPR by 25 basis points to 2.75, the lowest since 2011.

The central bank said the latest cut was to provide a more accommodative monetary environment to support economic growth amid price stability and weakened global conditions.

The move means the ceiling and floor rates of the corridor of the OPR are correspondingly reduced to 2.75 per cent and 2.25 per cent respectively.

“Global economic conditions have weakened in the recent period. The ongoing Covid-19 outbreak has disrupted production and travel activity, especially within the region.

“This has also led to greater risk aversion, resulting in tighter financial conditions and a resurgence in financial market volatility,” it said in a statement today.

Bank Negara said downside risks to the global growth outlook had increased, particularly in the near term. However, a number of countries have implemented policy responses.

“With further anticipated policy measures, these actions are expected to mitigate the economic impact of Covid-19.”

Bank Negara said the Malaysian economic growth, particularly in the first quarter, would be affected by the Covid-19 outbreak primarily in the tourism-related and manufacturing sectors.

The weakness in the agriculture sector is also likely to persist in the first quarter.

For 2020, private and public sector activities would be supportive of growth, it added.

“Household spending is expected to grow at a slower pace amid moderate employment and income growth. Investment activity is projected to record a modest recovery, underpinned by ongoing and new projects, both in the public and private sectors.

“The 2020 economic stimulus package will also provide some support to economic activity,” it said, adding that domestic growth was expected to gradually improve in the second half of the year.

Posted by Victor Yong > 2020-03-04 09:16 | Report Abuse

:)

Target Price of MR0.90

Credit profile should be an important factor for investors to look into when they want to make their investment decision. The slumping property market in the past years weighted financial burden on the developers’ balance sheet. Developers like Mah Sing, IJMLand and Ecoworld International have been raising debt via issuance of corporate bonds as they are facing reducing credit facilities from the banks. The tightening of bank funds pushed the developers to bear a higher interest rate to issue corporate bonds. It is not the case for MCT.

We are projecting a 3-year net profit CAGR of 8.7% to MYR120m in FY22, taking into account of the recovery of property market in Malaysia amid the supports of government initiatives. MCT could be valued at RM0.90 assuming 10x P/E on 2022F EPS. We believe the stock deserves to trade on par with the Bursa Malaysia Property Index P/E average of 10x, given its high margin business model, supported by a strong balance sheet.

Posted by Victor Yong > 2020-03-04 09:17 | Report Abuse

Conservative Balance Sheet

On top of that, MCT was able to generate a net cash of RM100 million from its operational activities which gave them a boost of their cash management. Besides that, MCT has a historical low net gearing ratio of 0.10x where credit concerns are off the bucket list during this challenging environment.

Overall, MCT has been proactively manage their balance sheet and profitability in a cautious manner while government initiatives on affordable housing could further build up MCT profitability as the company have the margins to cater for affordable property structure. Although affordable housing will impact MCT’s business cost, but there will be extra volumes for them to consistently perform throughout the year.

Posted by Victor Yong > 2020-03-04 09:18 | Report Abuse

How was MCT doing financially?

Despite the current weak market sentiment of property sector and oversupply concerns, profit consistency by MCT in contributing >10% over the past 5 years has shown that the company was able deliver great margins on top of proficient cost saving management in their property development in line with the government budget initiatives for FY2019 in supporting the 1st time house buyer range between RM300k to RM700k.

For YoY profitability, MCT has registered a PAT of RM86 million with an approximate margin of 20% in FY2018 compared to RM80 million with an approximate margin of 14% in FY2017. The main revenue driver in 2018 was mainly due to profit contribution from newly-launched project launched in May 2018, Casawood @ Cybersouth. With existing landmark in Subang Jaya, Cyber Jaya & Dengkil owned by MCT, it is considerably a strategic location for property buyer as there are linkage to several new announced public transport such as LRT3 & MRT2 which could gave a heads up for MCT future property planning. On the other hand, we can expect there are at least two 2 projects at Tropicana Metropark and Tropicana Grande to be launched by this year which in turns to be new unbilled sales for MCT.

Posted by Victor Yong > 2020-03-04 09:19 | Report Abuse

Jump to 100% soon :)

Strong backup support from the Property Giant - Ayala Land

In April 2015, Ayala Land emerged in MCT Berhad via a private placement during IPO, six months later it bumped up its shareholdings in MCT to 32.95%.

In early January 2016, Ayala Land emerged as a major shareholder of MCT, buying the stake from MCT’s founders. This brought Ayala Land’s holdings to 50.19% and firmly indicated its control of the local property developer. As per MCT 2018 Annual Report, Ayala Land indirectly owns 66.25% of MCT Stake, which makes them the largest shareholder for MCT Berhad.

Ayala Land is part of the oldest conglomerate in the Philippines’ Ayala Corp with a rich history that can be traced back to the 1800s. It is the biggest property developer in the Philippines with market capitalisation of RM53.69bil. The value of approximately RM54bil also means that Ayala Land is even larger than top 10 property developer in Malaysia combined.

Two weeks ago, Tan Sri Barry Goh has resigned from his non-independent, non-executive directorship with the company.

With the strong ownership structure, it certainly assume an implicit support from the parental company in various aspects (financial and expertise).

Posted by Victor Yong > 2020-03-04 09:23 | Report Abuse

Better for Ayala to privatise MCT now than wait till after may 18 before political stability returns as minority shareholders might ask for more thereafter :)

Posted by Victor Yong > 2020-03-04 09:36 | Report Abuse

Ayala might use friendly parties to sapu as many shares as possible before privatising? :)

Posted by John Ha Tung Soon > 2020-03-04 14:16 | Report Abuse

is there any bad news on this share as all you giving is in good .

Posted by Victor Yong > 2020-03-04 14:57 | Report Abuse

Ayala has hardly any other choice except privatisation because 30 top shareholders possess 99.5% of issued shares plus Ayala acquired MCT shares between 88sen and rm1.28. shareholdings issue tak boleh resolved effectively other than privatisation

Posted by Victor Yong > 2020-03-04 15:11 | Report Abuse

Should grab as many shares as possible not in the hand of top 30 shareholders ,99.5% of the issued shares. When Ayala announces privatisation, u guys will become millionaires :)

Posted by Victor Yong > 2020-03-04 15:12 | Report Abuse

Expecting speedy recovery in share price :)

Date Close
03/03/2020 0.215
02/03/2020 0.215
28/02/2020 0.215
27/02/2020 0.225
26/02/2020 0.225
25/02/2020 0.245
24/02/2020 0.24
21/02/2020 0.26
20/02/2020 0.265
19/02/2020 0.27
18/02/2020 0.28
17/02/2020 0.285
14/02/2020

Posted by Victor Yong > 2020-03-04 15:19 | Report Abuse

Possible for goh, the founder to enter the open market to sapu nonstop and later sell to Ayala all the shares he possesses, he sold to Ayala at 88sen and rm1.28 previously. Hope goh sapu in the open market for the 0.5% of MCT issued shares remaining in the open market. Scarcity indeed :)

Posted by Victor Yong > 2020-03-04 15:22 | Report Abuse

99.5% of the issued shares belonged to top 30 shareholders. Meaningless 0.5% of the issued shares only floating in the open market :)

Posted by Victor Yong > 2020-03-04 15:33 | Report Abuse

The market has undervalued the ayala's MCT based on Ayala land's knowhow, experience, etc.

Ayala Land currently trades at 15.9 times consensus forward FY2020 P/E and offers a consensus forward FY2020 dividend yield of 1.7%.

Posted by Victor Yong > 2020-03-04 15:35 | Report Abuse

Ayala's MCT PE RATIO 7 TIMES + Vs Ayala land ~16 times :)

Posted by Victor Yong > 2020-03-04 15:40 | Report Abuse

Retained earnings @31.12.2019 at RM400mil+... can afford cash or share dividend, did not declare... likely reason, privatisation, no need to waste time :)

Posted by Superb99 > 2020-03-04 15:44 | Report Abuse

21.5 cents...no one goreng it....sienz

Posted by Superb99 > 2020-03-04 15:45 | Report Abuse

the company keeps showing profits but no dividend and no price appreciation....

Posted by Victor Yong > 2020-03-04 15:56 | Report Abuse

Privatisation soon, look at the shareholdings :)


ANALYSIS OF SHAREHOLDINGS
As at 15 April 2019
LIST OF THIRTY (30) LARGEST SECURITIES ACCOUNT HOLDERS AS PER THE RECORD OF DEPOSITORS

NO. NAME OF SHAREHOLDER NO. OF SHARES HELD % OF ISSUED SHARE CAPITAL
1 Regent Wise Investments Limited 439,809,059 30.19
2 Regent Wise Investments Limited 295,277,782 20.27
3 CIMSEC Nominees (Asing) Sdn Bhd
- Pledged Securities Account for Regent Wise Investments Limited
230,115,574 15.79
4 Urusharta Jamaah Sdn Bhd 133,480,000 9.16
5 Goh Meng Keong 70,537,755 4.84
6 CIMSEC Nominees (Tempatan) Sdn Bhd
- CIMB Bank for Tan Sri Dato’ Sri Goh Ming Choon (PBCL-0G0264)
66,700,000 4.58
7 Citigroup Nominees (Tempatan) Sdn Bhd
- Exempt An for AIA Bhd.
48,967,100 3.36
8 Maybank Nominees (Tempatan) Sdn Bhd
- Pledged securities account for Dato’ Sri Tong Seech Wi
42,776,425 2.94
9 Kumpulan Wang Persaraan (Diperbadankan) 36,645,700 2.52
10 CIMSEC Nominees (Tempatan) Sdn Bhd
- CIMB for Ng Lee Ling (PB)
25,032,900 1.72
11 CIMSEC Nominees (Tempatan) Sdn Bhd
- CIMB for Tan Sri Dato’ Sri Goh Ming Choon (PB)
18,639,790 1.28
12 Linbaq Holding Sdn Bhd 11,666,667 0.80
13 CIMSEC Nominees (Tempatan) Sdn Bhd
- CIMB Bank for Rickoh Corporation Sdn Bhd (MY0507)
7,134,000 0.49
14 Alliancegroup Nominees (Tempatan) Sdn Bhd
- Pledged securities account for Koh Kin Lip (7003423)
7,125,000 0.49
15 CIMSEC Nominees (Tempatan) Sdn Bhd
- CIMB Bank for Lai Ming Chun @ Lai Poh Lin (PB)
3,701,000 0.25
16 Tan Siew Ching 3,069,400 0.21
17 WHC Capital Sdn. Bhd. 1,562,000 0.11
18 HSBC Nominees (Asing) Sdn Bhd
- JP Morgan Securities Plc
1,208,900 0.08
19 Citigroup Nominees (Tempatan) Sdn Bhd
- Exempt An for AIA Public Takaful Bhd.
1,174,700 0.08
20 Leong Yee Keong 1,000,000 0.07
21 Tan Pei Geok 1,000,000 0.07
22 Toh Chee Ming 390,000 0.03
23 Datuk Lim Kok Boon 372,625 0.03
24 Yeoh Soo Ann 349,550 0.02
25 Lim Chong Hoe 300,000 0.02
26 Elvin A/L Berty Luke Fernandez 250,000 0.02
27 TA Nominees (Tempatan) Sdn Bhd
- Pledged securities account for Foo Yin Kang
250,000 0.02
28 Dato’ Jessie Yow Yoon Khoon 243,000 0.02
29 Beh Eng Par 232,000 0.02
30 Lim Thuang Boo 230,200 0.02

1,449,241,127 99.50

Posted by Victor Yong > 2020-03-04 15:57 | Report Abuse

99.5% of the issued shares owned by top 30 shareholders. :) Be patient, the best time for ayala to privatise now and relist later

Posted by Victor Yong > 2020-03-04 15:59 | Report Abuse

for ayala land, this is the best time to maximise shareholders' value by taking mct private

Posted by Victor Yong > 2020-03-04 16:10 | Report Abuse

Friday, 28 Feb 2020

6:46PM MCT Financial year end net profit 45.051 million PROFITABLE


Tuesday, 25 Feb 2020

6:27PM MCT PUBLIC SHAREHOLDINGS SPREAD :)


Monday, 17 Feb 2020

5:09PM MCT URUSHARTA JAMAAH SDN. BHD. (133,480,000 units Transferred) TABUNG HAJI

Posted by Victor Yong > 2020-03-04 16:20 | Report Abuse

CLOSED AT 87 SEN ON 8 MAY 2018 BEFORE STARTING TRADING ON 14 MAY 2018 AFTER GE14. NOW 22SEN, UNREASONABLY FALLEN BY 65SEN ABOUT `75% SINCE THEN :)

Posted by valensi88 > 2020-03-04 16:46 | Report Abuse

What happen if got privatise?

Posted by Victor Yong > 2020-03-04 20:38 | Report Abuse

Ayala should offer at least 0.7 times industry average based on P/B. P/62.57sen = 0.7, Ayala should offer at least ~44sen to all shares not owned for taking MCT private. It could be higher too as MCT is a well managed profitable company.

@valensi88 What happen if got privatise?

Posted by John Ha Tung Soon > 2020-03-04 20:48 | Report Abuse

since 99.5%own by top 30 shareholder, why the share price keep droping?

Posted by Victor Yong > 2020-03-04 21:10 | Report Abuse

Press down, easier for shareholders to accept offer price later or some small retailers takut covid 19 + political situation, rugi besar pun lari ? :)


@John Ha Tung Soon since 99.5%own by top 30 shareholder, why the share price keep droping?
04/03/2020 8:48 PM

Posted by Victor Yong > 2020-03-05 08:16 | Report Abuse

Ayala acquired MCT shares between 88sen and rm1.28, impossible to place out shares at 22sen now. The best option is to privatise it :)

Note that the 25% free-float requirement would present a possibility of MCT being delisted as Ayala Land could make the necessary application to withdraw its listing status once its shareholding exceeds 75%.

In fact, a compulsory acquisition could also be triggered if Lembaga Tabung Haji (LTH), AIA Bhd and Kumpulan Wang Persaraan (Diperbadankan) were to sell their stakes in MCT to Ayala Land.

LTH, a government-linked pilgrim fund, is a substantial shareholder of MCT with a 10.09% stake, while life insurer AIA and pension fund KWAP have stakes of 3.44% and 2.51% respectively in the company.

If Ayala Land obtains the MCT shares held by the three institutional investors, its shareholding could rise to as high as 90.9%, hence, invoking the compulsory acquisition rule.

“Ayala Land definitely has the financial muscle to raise its stake in MCT, but it remains to be seen if the company will be privatised. In any case, it could place out or sell back some shares on the market if it intends to maintain MCT’s listing status,” says another source familiar with MCT.

Posted by Victor Yong > 2020-03-05 08:19 | Report Abuse

I think, small frightened retail investors sudah left. Will rise in stages or abruptly if Ayala announces privatisation anytime :)

Posted by Victor Yong > 2020-03-05 08:31 | Report Abuse

Mct is similar to blue chip stocks, largest shareholder is Ayala and substantial shareholders include several institutional funds :)