Energy, Green Technology and Water (KeTTHA) Minister Datuk Seri Dr Maximus Johnity Ongkili said the independent valuation has been completed and discussions between Splash and the state government have also started.
“We have completed the valuation. It is only for an internal consumption for the federal government,” he told The Malaysian Reserve at the Parliament lobby yesterday.
Related parties had agreed last year to abide by the independent valuation and would then seek a resolution to the takeover of Splash. The state government and Putrajaya had previously been blaming one another over the delays.
Ongkili, however, denied that Putrajaya was delaying the takeover process as alleged by the Selangor state government. He said the ministry wanted to conclude the Splash takeover, but on a willing buyer-willing seller mechanism.
“We are not delaying. The issue in dispute was the valuation, so we had to carry out a second valuation just to back our earlier estimates,” he pointed out.
Guess the deal sure will speed up to conclude . State and federal also won't let the deal done after the election . So now everyone is scare is time to take some risk . Another thing you all can see that is big big buyer to support this share . Everyone huart ar
Sometimes. ...the formula to get out from the mundane rat race is just in front of you. ....why let your mischievous brain running around without the single mindedness!
That's a typical amateur comment! A classic newbies!
Don't be so emotion...the journey to 100% return as claimed by you require stamina. ...emotion will drain out your energy. ..no good abandons half way!
From the hidden buyer I think kps still can maintain recent price till the next extend . I guess it won't take so long to close the deal . Lucky is still many of big player support the price . It will go up very soon . Cheers
Go to read the old postings! talk so much is no use!
I know many making money in this ctr too, they keep quiet ... and post when necessary! I respect those ppl ... which is diamond which is glass, ppl will know!
i think, some ppl heavy loaded last few days ... the syndicate is also strong, not the ordinary one ... no doubt, the stock has fundamental too, but 6 mths is long ;-)
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MQ Trader 791 views | 5 d ago
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New IPO: The onshore and offshore support services provider for the O&G industry, Steel Hawk Bhd aims to list on the Ace Market!
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....
Wiwangwang
238 posts
Posted by Wiwangwang > 2017-03-31 11:15 | Report Abuse
If federal government don't have the figure how can they offer the 40-60 to state government .