Price will back to 0.20-0.30 once urusharta disposed all their shares in hand. Now, think only how to accumulate the shares dispose by urusharta & keep..
From 10%+ to About 5% left. Cluster TB... New substantial shareholder will emerge or Ayala will announce, ayala was the buyer :)
Macam lbs with new substantial shareholder or Ayala Beli juga bagus :)
Nature of interest Direct Interest Direct (units) 85,172,567 Direct (%) 5.846 Indirect/deemed interest (units) Indirect/deemed interest (%) Total no of securities after change 85,172,567 Date of notice 23 Mar 2020 Date notice received by Listed Issuer 25 Mar 2020
If compare to MAHSING, LBS & E&O, shares thrown by urusharta/force selling, price still stood at 0.34 - 0.38. MCT should be at the same range after urusharta disposed remaining 55 mil shares. Let's wait & see. Only for long term investors
TH cluster is exiting , much easier for Ayala to negotiate with the remaining substantial shareholders such as kwap~2.5%, aia~3.3% for privatisation if any.
So early, more than 18mil shares traded , surely TB cluster is holding less than 5% now. On mar 20, TB possessed only ~5.8%. today is march 26, surely below 5% or lower, could be 0% once announcement is made soon.
Changes in Sub. S-hldr's Int (Section 138 of CA 2016) MCT BERHAD
Particulars of substantial Securities Holder Name URUSHARTA JAMAAH SDN. BHD. Address LEVEL 7, BANGUNAN SETIA 1, 15, LORONG DUNGUN, BUKIT DAMANSARA, KUALA LUMPUR 50490 Wilayah Persekutuan Malaysia. Company No. 201801045610 (1307642-V) Nationality/Country of incorporation Malaysia Descriptions (Class) ORDINARY SHARES Details of changes No Date of change No of securities Type of Transaction Nature of Interest 1 20 Mar 2020 7,011,371 Disposed Direct Interest Name of registered holder CITIGROUP NOMINEES (TEMPATAN) SDN BHD - URUSHARTA JAMAAH S B (ABERDEEN 1) Address of registered holder LEVEL 42, MENARA CITIBANK, 165 JALAN AMPANG, 50450 KUALA LUMPUR. Description of "Others" Type of Transaction 2 20 Mar 2020 16,441,362 Disposed Direct Interest Name of registered holder CITIGROUP NOMINEES (TEMPATAN) SDN BHD - URUSHARTA JAMAAH S B (PRINCIPAL 1) Address of registered holder LEVEL 42, MENARA CITIBANK, 165 JALAN AMPANG, 50450 KUALA LUMPUR. Description of "Others" Type of Transaction
Circumstances by reason of which change has occurred DISPOSED Nature of interest Direct Interest Direct (units) 85,172,567 Direct (%) 5.846 Indirect/deemed interest (units) Indirect/deemed interest (%) Total no of securities after change 85,172,567 Date of notice 23 Mar 2020 Date notice received by Listed Issuer 25 Mar 2020
Remarks : NAME OF REGISTERED HOLDER AND TOTAL NUMBER OF SHARES HELD AFTER CHANGE ---------------------------------------------------------------------------------------------------------
CITIGROUP NOMINEES (TEMPATAN) SDN BHD - URUSHARTA JAMAAH SDN BHD (1).: 12,712,381
CITIGROUP NOMINEES (TEMPATAN) SDN BHD - URUSHARTA JAMAAH S B (ABERDEEN 1).:0
CITIGROUP NOMINEES (TEMPATAN) SDN BHD - URUSHARTA JAMAAH SDN BHD (AFFIN 1).: 21,610,662
CITIGROUP NOMINEES (TEMPATAN) SDN BHD - URUSHARTA JAMAAH S B (FRANKLIN 1).: 12,712,382
CITIGROUP NOMINEES (TEMPATAN) SDN BHD - URUSHARTA JAMAAH SDN BHD (MAYBANK 1).: 19,068,571
CITIGROUP NOMINEES (TEMPATAN) SDN BHD - URUSHARTA JAMAAH SDN BHD (NOMURA 1).: 19,068,571
CITIGROUP NOMINEES (TEMPATAN) SDN BHD - URUSHARTA JAMAAH S B (PRINCIPAL 1).: 0
GRAND TOTAL : 85,172,567
Announcement Info Company Name MCT BERHAD Stock Name MCT Date Announced 25 Mar 2020 Category Change in the Interest of Substantial Shareholder Pursuant to Section 138 of CA 2016 Reference Number CS2-24032020-00156
I can said the cheap sale to buy <8 cents already finished. Now price slowly moving up. Congrate to those who able to bought <8 cents, well done. You deserve for it.
KUALA LUMPUR: The FBM KLCI advanced for a third consecutive day as investors returned to equities following the announcement of stimulus plans to bolster the economy.
Now, investors realised, all the cheap shares in the past came from desperate dumping through TH cluster, desperate for cash to buy mask, sanitizers, etc probably :)
In 2018 , Ayala offered 88sen for MGO, tak mau Jual. Maybe next week, Ayala reoffers at 28 or 38sen after buying all TB cluster shares in the open market, happy? :)
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%.
if ayala has already bought TB cluster in the open market
NOW, life insurer AIA and pension fund KWAP have stakes of 3.44% and 2.51%....TH CLUSTER COULD ZERO ALREADY... MUCH EASIER COMPARED TO 2018... ALSO MUCH CHEAPER TO PRIVATISE MCT
IN 2018, WHEN AYALA OFFERED MGO AT 88SEN PER SHARE
LTH, a government-linked pilgrim fund, is a substantial shareholder of MCT with a 10.09% stake, while life insurer 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. respectively in the company.
Since urusharta normally delay 5 days to publish shareholder change report, latest by next week Monday onward will publish "ceasing major shareholder". All the 133 mil shares expected sold out by today.
the government could also simplify the process for foreigners and foreign companies to buy real estate valued at RM500,000 or more for their staff or retirement or investment. Further boost to property stocks
Those who bought at 0.07, now sell at 0.11, immediate gain 60%. If bought 3 mil shares at 0.07 with RM 210k. then sell at 0.11 with immediate gain of RM 330k - RM 210 = RM 120k within one week. Congratulation....
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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....
gutt
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Posted by gutt > 2020-03-24 23:49 | Report Abuse
Nature of interestDirect InterestDirect (units)108,625,300Direct (%)7.455