Posted by apolloang > 2018-07-02 21:39 | Report Abuse

yeah....manipulation,company even posted loss last quarter and also a property stock like ken,why ken no up? bursa tipu ar?

Posted by oldchinaman > 2018-07-03 00:38 | Report Abuse

g.o lah

Posted by taitee > 2018-07-03 09:25 | Report Abuse

anyone know what is G.O price?

Posted by KAQ4468 > 2018-07-03 09:28 | Report Abuse

waaaaaaa..... Pasdec

still hidup lagi ka ??

kikikiki

Posted by newbiehk2014 > 2018-07-03 20:33 | Report Abuse

tomorrow go beyond 52.5 sens?

Posted by newbiehk2014 > 2018-07-03 23:40 | Report Abuse

pknp rejected the offer. think worth higher than this price.

Posted by apolloang > 2018-07-03 23:46 | Report Abuse

rights issue 30cts only,52.5cts still can worth more? also a loss company.PKNP like that better don't buy pasdec and buy undervalue ken

Posted by oldchinaman > 2018-07-04 00:39 | Report Abuse

land bank 3,000 acres in pahang, after revalue worth more than rm 3.00 per share,TEW KIM KIAT G O 0.525c per share still under value, warrant exercise price fixed at rm 1.00. ,PERBADAAN KEMAJUAN NEGERI PAHANG don't subscrip for the right issue, TEW will take over the management... for MEDIUM N LONG term the price should be above RM 1.00

Posted by targetinvest > 2018-07-04 09:22 | Report Abuse

faster buy lo.. this one.. go to RM 1 one in no time

Posted by targetinvest > 2018-07-04 09:25 | Report Abuse

NTA RM 1.12 with alot of under value lands..

Posted by targetinvest > 2018-07-04 09:25 | Report Abuse

Who no buy sure regret again

Posted by johnmaster2017 > 2018-07-04 10:49 | Report Abuse

Got people willing to sell below 0.5 when big boss want to buy from you at 0.525. Dun understand the logic

Posted by targetinvest > 2018-07-04 12:31 | Report Abuse

Yday those contra banyak ma.. Now dun panic them off a bit lo

Posted by Cck1978 > 2018-07-04 16:54 | Report Abuse

Hi, i am new in trading, can the major shareholder cancel his offer?

Posted by AlfI3 > 2018-07-06 18:16 | Report Abuse

Major share holders can do a lot of things tat dey wish. Obviously can b seen frm d recent delays of rights issue listing tat had been postponed few times till more than a mth. I boro $ frm banks to subscribe d excess rights. Now got stucked dere. Some more got to servis xtra loan intrest. Really double blows n amgan

Posted by AlfI3 > 2018-07-06 18:18 | Report Abuse

Sc n bursa oso silently look see look see ony w/o setting out any measures to reprimand these delays

Posted by AlfI3 > 2018-07-11 08:22 | Report Abuse

Today d rghts n new warrants listing, i m rather hesitating. Anyone can comment whether to accept d GO n hold or to dispose it to opened mkt ya?

Posted by newbiez > 2018-07-11 16:32 | Report Abuse

AlfI3 - GO may not succeed if the offeror's resulting shareholding is less than 50% while the other major shareholder has provided undertaking not to accept. Considering your case, it may be better to just dispose shares at current price of 50sen?

FYI, the payment for GO shares will only come in after it becomes unconditional which may be earliest 2 months down the road... maybe the 5% would net off with your interest on loan already....

Posted by newbiez > 2018-07-11 16:35 | Report Abuse

Unless u r banking on the revision to offer price....

Posted by taitaumau > 2018-07-12 13:11 | Report Abuse

Really, it is too good to learn that major shareholders are so generous to offer 0.525 for right share issued at 0.35 even before it is listed..

One needs to watch out in the offer document whether 1st closing date will also be the final closing date.!!

Gamble : Gain 3 sen Loss 10 sen

Posted by AlfI3 > 2018-07-13 00:38 | Report Abuse

Thx for d sharing newbiez. It seemed tat d acceptance on mother shares at 0.525 wud b very likely. But no way for d warrant A at 0.001. Wud d offers r conditional to stappled or it works seperately for each of dem?

Posted by thesteward > 2018-07-15 20:55 | Report Abuse

If ecrl proceeds it could benefit Pasdec quite abit Nta is so high. My 2 Sen got big chance to proceed if huge discount given?

Posted by goldeye > 2018-08-06 13:52 | Report Abuse

KUALA LUMPUR (Aug 3): Pasdec Holdings Bhd shareholders have been told to reject the takeover bid launched by its substantial shareholder Datuk Seri Tew Kim Thin, which has been deemed "not fair and not reasonable" by independent adviser Public Investment Bank Bhd (PIVB).

Tew, who is an executive director of Pasdec, is proposing to pay 52.5 sen per share for the remaining 228.41 million shares, or a 57.05% stake, he does not own in the Kuantan-based property developer, as well as one sen per warrant for the remaining 35.78 million warrants, or 31.28%, of the total number of warrants in Pasdec.

In an independent advice circular today, PIVB said although the share offer price represents a premium ranging from 1.98% to 31.71% over the last traded price of Pasdec shares as at July 2, 2018 of 47 sen and the five-day, one-month, three-month, six-month and 12-month volume-weighted average market price (VWAMP) of Pasdec shares, it, however, is lower than the estimated revalued net asset value (RNAV) per Pasdec shares of RM2.11, which represents a substantial discount of RM1.585 or 75.12% to the estimated RNAV per Pasdec share.

Premised on this, PIVB deems the share offer price not fair.

The warrant offer price is also not fair in view that it is at a 90% discount to the theoretical value of the warrant as at July 2, 2018. It also represents a substantial discount of 90% and 90.79% over the last traded price of the warrants as at July 31, 2018 of 10 sen and the five-day VWAMP of 10.86 sen.

The independent adviser said the offer is also not reasonable, considering that the offeror intends to maintain Pasdec's listing status, which means that shareholders will still be able to participate in the trading of Pasdec's shares and warrants.

"In the event that Pasdec declares any distributions in the future, shareholders are entitled to receive the distributions," it added.

"Premised on these, we are of the opinion that the offer is not fair and not reasonable. Accordingly, we advise and recommend that shareholders to reject the offer," said PIVB.

In a filing with Bursa Malaysia today, Pasdec's board of directors concurred, advising shareholders to reject the takeover offer by Tew.

On July 3, Pasdec had received a conditional mandatory general offer (MGO) from Tew through his private investment vehicle Jasa Imani Sdn Bhd, after his shareholding increased to 38.61% from 27.98% following the subscription of rights shares with warrants in the group. Together with the persons acting in concert with the offeror, their collective shareholdings increased to 42.26% from 31.68%.

Pahang State Development Corp, which owns a 26.57% stake in the group, has irrevocably undertaken not to accept the MGO.

Pasdec shares ended the morning session unchanged at 52 sen today, with 53,000 shares done, bringing a market capitalisation of RM208.19 million.

Posted by Kidir89 > 2018-08-10 10:08 | Report Abuse

Pasdec, game over

Posted by Kidir89 > 2018-08-10 16:34 | Report Abuse

Fake news

Posted by taitee > 2018-08-13 15:12 | Report Abuse

Its going private

Posted by taitaumau > 2018-08-13 16:07 | Report Abuse

First closing date (FCD): 14.8.18 (Tuesday)
Deadline for revision in FCD (2 day earlier): 11.8.18 (Friday)

So, as at to-day, it is clear that there is no extension of the offer.
WILL the offer become unconditional (>50%) by 5 p.m. tomorrow ??

Posted by HoselGoh > 2018-08-13 21:16 | Report Abuse

Since the estimated revalued net asset value (RNAV) per Pasdec shares of RM2.11, and today closing price is RM0.45. Don't do you think the offeror will buy more in open market? Today volume a lot compared to pass few days.

Posted by HoselGoh > 2018-08-14 10:31 | Report Abuse

Once break 0.47 next will be 0.5.

Posted by HoselGoh > 2018-08-14 11:52 | Report Abuse

It seems like the take over is serious. 0.49...

Posted by jordanmaggie61 > 2018-08-14 11:55 | Report Abuse

nice

Posted by HoselGoh > 2018-08-14 12:09 | Report Abuse

Please go and read the latest announcement, the director keep on buying in the open market.

Posted by Kidir89 > 2018-08-14 21:35 | Report Abuse

Boleh pergi lagi ke ni

Posted by Weeyaa > 2018-08-14 21:58 | Report Abuse

what will happen 2moro... any comment

Posted by Gilbertron > 2018-08-14 23:10 | Report Abuse

Pasdec major shareholder fails in takeover bid due to insufficient acceptance level http://www.theedgemarkets.com/article/pasdec-major-shareholder-fails-takeover-bid-due-insufficient-acceptance-level (Share from StockHunter)

Posted by oldchinaman > 2018-08-14 23:39 | Report Abuse

if warrant drop below 8c, then just buy

Posted by apolloang > 2018-08-14 23:58 | Report Abuse

bro oldchinaman,last time u ipo king,now u warrant king ar? hehe

Posted by Mohd Zaimi > 2018-08-15 00:02 | Report Abuse

any comment utk bsok ?

Posted by Sam1026 > 2018-08-15 02:03 | Report Abuse

Bsk boss nak beli lagi,hari ni beli tak cukup

Posted by taitaumau > 2018-08-15 09:25 | Report Abuse

Offer document says return of acceptance shares shall be made immediately. So 3 trading days suffice?

Posted by oldchinaman > 2018-08-15 10:27 | Report Abuse

hi apolloang, i buy you bkt if you free

Posted by jordanmaggie61 > 2018-08-15 10:33 | Report Abuse

Best

Posted by Weeyaa > 2018-08-15 17:36 | Report Abuse

construction slow now...

Posted by Kidir89 > 2018-08-20 14:36 | Report Abuse

Tidur lagi pasdec

Posted by taitee > 2018-08-20 15:52 | Report Abuse

why falling .... talak minyak mau tolak ke?

Posted by Kidir89 > 2018-08-21 14:35 | Report Abuse

Pasdec membuang Cabut

Posted by dex > 2018-08-30 17:46 | Report Abuse

Finish. Bad Qr

Posted by Kidir89 > 2018-08-30 18:14 | Report Abuse

Nasib dah cabut awal ,isnin drop lagi

Posted by Yew Chee Kong > 2018-08-31 16:43 | Report Abuse

There's actually big improvement in revenue @ 50.647 mil compared to 26.087mil
the previous qtr, & the loss had reduced a lot from - 0.41/share compared to loss of - 1.27/share in the last qtr.

Posted by Solehajb1989 > 2018-09-14 16:18 | Report Abuse

No good cmpy