Upon completion of the Proposed Acquisition, PPSB will hold 85,729,266 CBB Shares, representing approximately 71.44% of the issued and paid-up share capital of CBB.
Upon completion of the Proposed MGO, if the acceptance level of the Proposed MGO results PPSB holding 75% or more of CBB Shares, PPSB does not intend to maintain the listing status of CBB on the Main Market of Bursa Securities.
risk for worst case scenario is, 10% of minority rejected. KPS able to take the company private and with minority who are speculators, buy after announcement and dream for higher price, will remain shareholders in the UNLISTED Cenbond Bhd.
why Menteri Besar must acquire so many shares in CENBOND? Insyallah we can sell at super high price next year
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Posted by Chelsea > 2016-08-11 17:41 | Report Abuse
Shareguru izit +9sen from now?