"The Board of Directors of OSK Property wishes to announce that based on the Record of Depositors and number of shares accepted under the Offer as at 4 September 2015, the public shareholding spread of OSK Property is 5.92%.
As the public shareholding spread of OSK Property is less than 10% of the total OSK Property Shares in issue (excluding treasury shares), pursuant to Paragraph 16.02(2) of Main Market Listing Requirements of Bursa Malaysia Securities Berhad ("Bursa Securities") ("Listing Requirements"), Bursa Securities shall suspend the trading of the securities of OSK Property immediately upon the expiry of 30 market days from the date of this announcement. The suspension will be effected on 22 October 2015, being the market day immediately following the expiry of 30 market days from the date of this announcement."
If OSK buys from the market now at a higher price, say rm2.10 which is higher than offer price rm1.95, Does OSK has to give the same rm2.10 to those who took up the offer earlier at rm1.95? How abt warrant shareholder, are those affected?
Thanks, III. OSKProp by itself. Now, it is bought over by OSK. Looking at OSK which has taken over OSK Prop, it is still attractive. However, the plus points are diluted as compared to OSKProp by itself.
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....
zckoo
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Posted by zckoo > 2015-09-03 17:03 | Report Abuse
When the offer close?me will hold until it realease the real value....