The Board of Directors of KUB ('Board') wishes to announce that the Board has, today, received a notice of unconditional mandatory take-over offer ('Notice') from Kenanga Investment Bank Berhad on behalf of the Offeror, to acquire all the remaining ordinary shares in KUB (excluding treasury shares) that are not already held by the Offeror, Ultimate Offeror and its persons acting in concert ('Offer Shares') at a cash offer price of RM0.35 per Offer Share.
Mof pass tis chuck of share at lowest possible price to Umno's vehicle so that Umno can earn more when they goreng the share. Market rumours say possible to above 1.00.
When Denko received mandatory offer 0.60 when the price at 0.68, the next day of announcement Denko price jumped 0.155 to 0.835.
Ge14 is around the corner, no water how to sail le? Macam ini pun tak faham ka...
Normally entrance of new shareholder will create spark and super uptrend as they will bring more new businesses. Somemore the shareholder is umno. The umno member sure will support the share price and super goreng this counter today. Gap up 5 cents when open today.
so transparent....mlaysian boleh stocks.Windfall or shits,not certain yet.My holding cost 0.545 may gone with the wind.That is the reality one have to face in the msian 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....
Toto2009
601 posts
Posted by Toto2009 > 2017-06-05 17:27 | Report Abuse
Good bought volume today, more to come tomorrow!!!! KUB canteeeeek!!!!!