We have to vote against it just to protect our minority interest. We cannot accept the board of director keep on issuing 10% new share low price every year
As expected they are 30% new face in 2018 shareholding list against 7% Tan family holding, we can forecast the new substantial shareholder Michelle will bring some good expectation from us.
Tiger will kill shareholders if shareholders approve the comming new RCN. At the moment tiger is selling the existing RCN at loss.[10sen to convert] So will trap wounded tiger eat shareholders or shareholders kill tiger??? Shareholders better wake up and don't waste your proxy. lol
David Lee, my understanding is close to JCAA168 info, hope that answer some of your queries. Except, I think 3 majors is currently holding around 21% stake (not inclusive remaining Notes that may in their procession). Anyone else are gang of 3 majors, just want to know? hehehe....
Tan family sold another 35,000,000 shares at 5 sen losing another RM 1.75m, and current only hold 1.23%, This could be never ever in Bursa history owner can hold 1% still can sit on the board steadily. Lady & Gentlemen, Game just started
will be more fighting, new power will have to sit on the board. tiger may get thro the current proposal thro proxy but they can't stop the new power from sitting on the board ya.
Goh Ching Mun, the founder cum executive director of Old Town White Coffee, recently offer by Jacobs Douwe 1.47Billion for the takeover target. Their group can be rating in Bursa as one of the most aggressive group from Chongai (second board textile) to Old Town and now penetrate to property
Currently the ex old town group has ton of cash and coincidentally both 2 new substantial shareholders also from Ipoh, 14% Ipoh team vs 1% tan family irrespect of their associate or nominees.
Good future can be foreseen..........................
Just one thing... why Goh bought so many tiger synergy shares, rich person also won’t throw money . Bursa Malaysia got more than thousand companys or counters why he interested in Tiger Synergy?
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....
JCAA168
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Posted by JCAA168 > 2018-11-06 10:21 | Report Abuse
We have to vote against it just to protect our minority interest. We cannot accept the board of director keep on issuing 10% new share low price every year