Posted by RainT > 2019-07-03 10:46 | Report Abuse

but why YEELEE delist in KLSE

and plan to relist in other share market?

is it listing at KLSE is bad ?

Posted by Halosam > 2019-07-03 12:17 | Report Abuse

Any news?

Posted by riskabsorber > 2019-07-03 13:03 | Report Abuse

91%

Posted by stockraider > 2019-07-03 13:05 |

Post removed.Why?

Posted by riskabsorber > 2019-07-03 13:20 | Report Abuse

once reach 90% is compulsory acquisition

Posted by Tomatoman79 > 2019-07-03 13:32 | Report Abuse

If really get >90%, then they will be able to buy whats in our hand at 2.33. No more long term la deyy

Posted by Halosam > 2019-07-03 13:43 | Report Abuse

Where can see how much they own now?

Posted by yhwong > 2019-07-03 14:06 | Report Abuse

ya how much they own now ya?:P

Posted by wunyoong22 > 2019-07-03 15:30 | Report Abuse

This morning The edge mentioned 87%, how to know they get 91%

Posted by Halosam > 2019-07-03 19:02 | Report Abuse

Any news?

Posted by riskabsorber > 2019-07-03 19:05 | Report Abuse

Annoucement made 89.85% as of 5pm 3 July.

Posted by Halosam > 2019-07-03 19:09 | Report Abuse

So how? I don understand, can some expert explain?

Posted by stockraider > 2019-07-03 19:28 | Report Abuse

1st thing they had not reach the point of compulsory acquisition stage loh....!!

2nd point 89.85% acceptance is very close to compulsory delisting stage of 90% they are not in position to delist Yee Lee on their own.

3rd Even they hit above 90% they still did not reach compulsory acquisition, they need to hit 95% ( meaning 90% of the share not own during the GO loh..!!}

Yeelee cannot do another privatization over the next 1 year loh...unless they give a new higher revise general offer price by tomorrow loh..!!

But 89.85% is very close, i think they will eventually in position to delist Yeelee but to compulsory acquire & privatize still unable loh..!!

Posted by Sebastian Sted Power > 2019-07-03 20:53 | Report Abuse

That the power of ikan bills. You no sell I no sell then added up 0.15%

Posted by shockng95 > 2019-07-03 21:05 | Report Abuse

Let's see if we can get our orders matched at RM3.40 tmrw. let's go Ikan bilis!!!!

Posted by shockng95 > 2019-07-03 21:11 | Report Abuse

Sorry. Should be RM3.20

Posted by yhwong > 2019-07-03 21:49 | Report Abuse

haha. let's see if we could get the reasonable offer price finally.

Posted by Tomatoman79 > 2019-07-03 22:18 | Report Abuse

hoorayyyy... i also not sell. damn cheap. now go to hell lah with privatize.

Posted by Jeffreyteck > 2019-07-04 06:28 | Report Abuse

Some companies no need to acquire 90% also can be privatised? Eg Daiman. Confused.

Posted by gsi723 > 2019-07-04 07:05 | Report Abuse

limit up or limit down?

Posted by Hafid > 2019-07-04 08:06 | Report Abuse

will go down

Posted by Hafid > 2019-07-04 08:06 | Report Abuse

just like what happen to cocoaland

Posted by Hafid > 2019-07-04 08:12 | Report Abuse

If yee lee want to offer higher price there will offer long time ago. i doubt the Yee Lee will do it. Now market is so bad. so there will still offer the same price or lower down the road. maybe after 2 years.

Posted by Sebastian Sted Power > 2019-07-04 08:23 | Report Abuse

how to limit down? Dato Lim and friends sapu almost 30% at RM2.33. Initially they just control 60%, now is 89.85%. Drop every cent will reduce his wealth by %

Posted by Tomatoman79 > 2019-07-04 09:10 | Report Abuse

ya.. they will not want to waste another 1 year to go another round.

Posted by stockraider > 2019-07-04 09:21 | Report Abuse

I think right now....they want to consolidate their position loh...!!

If i were them, i will use nominees and friendly parties to accumulate Yeelee so that in 1 yr time when i can launch another round of privatization & i will have friendly support loh...!!

I suspect they will use the company to buy back in the form of selective capital repayment to privatise instead of General Offer loh...!! The selective capital repayment require 75% of shareholders (exclude interested parties} to support loh....!!

Since they are dealing with only 10% of the rest of the shareholders, they can afford to pay more to privatise loh....!!

So do not be tempted to sell, Yeelee will trade with lack lustre for next 1 year due to poor liquidity of the stock loh..!!

Good Luck...!!

Posted by yhwong > 2019-07-04 10:06 | Report Abuse

ok. so gotta hold for 1 year ya? haha. and they can't offer higher price now to buy those remaining shares?

Posted by wunyoong22 > 2019-07-04 10:13 | Report Abuse

They can offer if they want

Posted by Sebastian Sted Power > 2019-07-04 11:05 | Report Abuse

The boss won't offer again. He will sapu whatever at open market

Posted by wunyoong22 > 2019-07-04 15:22 | Report Abuse

I will sell at 2.80

Posted by stockraider > 2019-07-04 15:41 | Report Abuse

Remember the bosses is still sapuing using nominees and their business allies but they cannot do any General Offer until 1 yr had lapse loh....!!

Posted by yhwong > 2019-07-04 17:24 | Report Abuse

oh, so we now suppose to sell it in the open market at higher price?

Posted by yhwong > 2019-07-04 17:30 | Report Abuse

what is our next step actually? haha.

Posted by wunyoong22 > 2019-07-04 17:48 | Report Abuse

Hold until they offer higher price

Posted by Jeffreyteck > 2019-07-04 18:19 | Report Abuse

Obviously they have no intention to privatise it, otherwise what is so difficult to buy the small quantity from the market before the closing date. Only they themselves know the game.

Posted by stockraider > 2019-07-04 18:19 | Report Abuse

The owner can only make a new offer to u after 1 year...but as a businessmen, his cronies will be quietly collecting from the market loh...!!

Meanwhile if anytime u think the price u can sell in the market is good during this period, u may sell mah.......!!

On the hand if the price of yeelee may fall low, u may buy too loh...!!

If u don have to wait one u for a fresh offer mah...!!

yhwong oh, so we now suppose to sell it in the open market at higher price?
04/07/2019 5:24 PM

yhwong what is our next step actually? haha.
04/07/2019 5:30 PM

wunyoong22 Hold until they offer higher price
04/07/2019 5:48 PM

Posted by Hafid > 2019-07-05 10:06 | Report Abuse

if the owner continue buying than the offer price will remain at 2.33

Posted by stockraider > 2019-07-05 10:11 | Report Abuse

Thats is provided the owner do not mind other small small shareholders participating in their new corporate exercise loh...!!

To me the more the owner can collect cheap at Rm 2.33 now....the more will be the eventually the privatise offer price in 1 yr time mah...!!

This is bcos the owner can afford to pay more due to less supply loh..!

Posted by Hafid > Jul 5, 2019 10:06 AM | Report Abuse

if the owner continue buying than the offer price will remain at 2.33

Posted by Hafid > 2019-07-05 16:12 | Report Abuse

2.25

Posted by wunyoong22 > 2019-07-05 16:36 | Report Abuse

Wait, they will offer higher

Posted by Hafid > 2019-07-05 16:48 | Report Abuse

2.80 OR 3.40

Posted by Sebastian Sted Power > 2019-07-05 18:06 | Report Abuse

2.25, 2.28 Dato Lim sell to Dato Lim? Very brilliant wayang

Posted by Halosam > 2019-07-08 10:28 | Report Abuse

This fzxker family really fzxk one, wayang pull down the share, fxxker, can we sue them, sue to busar

Posted by Sebastian Sted Power > 2019-07-08 12:32 | Report Abuse

Now confirm more than 90% liao. Dato Lim angry because just 0.15% away. So now he taka some shares dump to make all ikan bilis feel regret dont accept his 2.33

Let see how long wayang he could perform

Posted by gsi723 > 2019-07-08 13:48 | Report Abuse

Volume not much... can press down bit by bit

Posted by Jeffreyteck > 2019-07-08 14:48 | Report Abuse

Is difficult to move against the major SH most of the time as they are unethical yet powerful, together with sleeping authorities who just leave all to the unfair and imbalance market. Threw it in last minute as there is always an alternative, unless you are patient. MAA and Daiman are good examples.

Posted by Sebastian Sted Power > 2019-07-08 15:02 | Report Abuse

2019年7月08日
义利（YEELEE）的全面献购在7月3日结束，收购者总共获得89.85%的股权，没能强制收购。

根据公司文告，收购者在展开全面强购的时候持有60.86%股权，如果要进行强制收购的话，必须有90%的小股东接受献购，即35.226%（剩余39.14%的90%），也就是说，其股权必须超过96.086%，才能进行强制收购。

如今只得89.85%，虽说成为压倒性的大股东，但是却未能强制性把所有股权全部纳入旗下。


大股东无意保留义利的上市地位，预料公司将进行除牌程序. 仍可除牌下市

不过，在收购之后，大股东无意保留义利的上市地位，预料公司将进行除牌程序，到时小股东手上持有的将是一只没有上市的公司股票，不能自由买卖了。

一些投资者十分不喜欢持有下市的公司，预料公司将在近期蒙受卖压。而大股东意犹未尽，将随时进场买入股票（只要价钱不比2.33令吉的献议价高，就没问题），继续增加股权。

Posted by Sebastian Sted Power > 2019-07-08 15:02 | Report Abuse

any sifu can explain in english?

Posted by audrey74 > 2019-07-08 18:15 | Report Abuse

To hold on till the last cause we r still make loss

Posted by audrey74 > 2019-07-09 12:12 | Report Abuse

Haha...become a director in private company also not bad