Posted by JKing > 2014-01-10 14:54 | Report Abuse

once i get enought support will do the need and inform accordingly.

Posted by JKing > 2014-01-10 16:19 | Report Abuse

as of 4pm today total of 4.64% of MI has extended the support by contacting the said email.

Posted by sudahkena > 2014-01-10 16:32 | Report Abuse

We need around 11 mill share right?

Posted by cgtan2020 > 2014-01-10 17:13 | Report Abuse

we need 11.75%.

Posted by JKing > 2014-01-10 17:46 | Report Abuse

the regulation work this way, it count on the voting right that attend the egm on that day. let say if 40% attend it mean that if we have 10% vote against, we win. however if we get 11.75%, it is a confirm win. normally you would not get 100% of the 47% minority attending or nominate their right. Some just choice to not to take any action.

Posted by upsidedown119 > 2014-01-10 20:23 | Report Abuse

Come on everyone, buy in and inform our coordinator JKing. We should get much more than the measly RM3.9/share! United we win, not united we......! We must not let those sharks eat us up with our own money i.e. PRKCorp's own cash. We should not be treated like fools who are soon parted from their money. We should not go down without a fight. We have our dignity. How can we live with ourselves if we do not at least reel in a shark or two for a feast?!

Posted by HC Lee > 2014-01-11 00:33 | Report Abuse

Everyone buys a little. Why let those robbers takeaway the assets for themselves without coming with any money themselves. As i said before, once they manage to takeover, they will strip the assets and divide it among themselves.

Posted by uang > 2014-01-11 10:47 | Report Abuse

agree with HC Lee, will buy more on monday!

Posted by upsidedown119 > 2014-01-11 11:08 | Report Abuse

4.64% of MI is 2,180,000 shares. Still need 9,569,200 shares.

Posted by ruben88 > 2014-01-11 14:12 | Report Abuse

sorry new in share market but i have this... what do i need to do if i don't agree to the price?

Posted by sudahkena > 2014-01-11 14:45 | Report Abuse

If sime darby propert also reject... we sure win...

Posted by calvin > 2014-01-11 15:07 | Report Abuse

Share:

（吉隆坡10日讯）一群持有霹雳机构（PRKCORP，8346，主板贸服股）约5%股权的小股东，正发起一场“拯救霹雳机构”的行动，反对大股东以偏低的价格强势私有化。

其中一名参与这项行动的小股东告诉《南洋商报》，公司价值严重遭低估，股东粗略计算，霹雳机构旗下资产的净市值可达12亿1899万7400令吉，相当于每股12.19令吉，因此，大股东出价至少必须介于6令吉至7令吉才算合理。

“以该公司位于丹绒马林一块面积达465英亩的土地，若以每平方尺5令吉计算，价值就已达1亿128万令吉。”

她说，早前多元重工业（DRBHCOM，1619，主板工业产品股）在邻近地区以每平方尺9令吉购置一块地，小股东如今已降低市价计算霹雳机构持有的土地价值。

她表示，目前参与拯救行动的小股东持股已从4.4%增至5%左右，小组必须赶在霹雳机构举办特别股东大会前，召集其他股东一起参与这项行动。

详文请阅《南洋商报》

Posted by JKing > 2014-01-11 16:43 | Report Abuse

thank for the support. when i say 4.6% it mean 4,6 mil shares as of today.

Posted by HC Lee > 2014-01-11 21:16 | Report Abuse

Let's try and get Sime Darby to support us. They have the professionals to evaluate whether this is a good deal or not. Once Sime Darby is on board...the battle is won.

Posted by HC Lee > 2014-01-11 21:21 | Report Abuse

It is crucial that Sime Darby reject the SCR as they are the one who is going to determine the outcome. Maybe we as the other minority shareholders should seek out a meeting with them to discuss the issues.

Posted by HC Lee > 2014-01-11 21:28 | Report Abuse

ruben88...when you get the voting form, attend the egm that will be call and reject the SCR. If you can't attend the egm, write to Jking at prkcorpminoritygroup@gmail and let him be your proxy.

Posted by JKing > 2014-01-11 22:55 | Report Abuse

there are other major shareholding holding 3% plus that is KAF and horizon group of which we have wrote to them as well. awaiting their response.

Posted by iafx > 2014-01-12 11:17 | Report Abuse

this story came up in thestar, good job!

Posted by esegaban > 2014-01-12 13:58 | Report Abuse

will gap up limit on monday

Posted by JKing > 2014-01-12 14:36 | Report Abuse

Today star? Didn't see any

Posted by upsidedown119 > 2014-01-12 16:43 | Report Abuse

@iafx, please give link for story.

Posted by sudahkena > 2014-01-12 19:32 | Report Abuse

I sure sime darby will know.. their group strategy will made analysis.. but if involve political or networking.....maybe they will accept...

Posted by HC Lee > 2014-01-13 10:43 | Report Abuse

Somebody accumulating at 3.62....interesting

Posted by sudahkena > 2014-01-13 10:51 | Report Abuse

Insider trading?

Posted by iafx > 2014-01-13 11:13 | Report Abuse

the story was in nanyang press page A12 on 11/1 Sat, sorry not thestar

Posted by upsidedown119 > 2014-01-13 11:14 | Report Abuse

Those sharks are accumulating mainly at RM3.63/4. The share is worth at least RM10! So buy and hold. Minimum gain is 26-27 sen. Max gain is about RM5 if we can block the SCR!

Posted by cgtan2020 > 2014-01-13 11:15 | Report Abuse

iafx can scan and email to JKing to be share out ?

Posted by iafx > 2014-01-13 11:21 | Report Abuse

http://www.nanyang.com/node/592048?tid=462

Posted by sudahkena > 2014-01-13 11:30 | Report Abuse

Rm10? I think it only rm5.xxx?

Posted by HC Lee > 2014-01-13 11:32 | Report Abuse

Anyone can help to translate. Simple translation will do.

Posted by JKing > 2014-01-13 11:51 | Report Abuse

wait for few more days for the English version on thestar and Sun daily.

Posted by HC Lee > 2014-01-13 12:04 | Report Abuse

Ok...let's all wait. I believe the news will all favour the minority shareholders.

Posted by upsidedown119 > 2014-01-13 12:31 | Report Abuse

Use Google translation. It's good enough.

Posted by cgtan2020 > 2014-01-13 12:57 | Report Abuse

iafx kamsia!!!

Posted by HC Lee > 2014-01-13 13:40 | Report Abuse

Thanks...upsidedown. Manage to get it translated. The voice of the minority is getting stronger by the day.

Posted by upsidedown119 > 2014-01-13 13:56 | Report Abuse

So please stock up, everyone a little to reach 11.75 million shares. Lets have braised shark heads (Lumut and Tawau specialty), shark fin soup (normally I spare the sharks, but not these daylight robbing sharks) and curry shark fillet with shallots, brinjal and lady's fingers! PRKCORP to RM8 or more!!

Posted by upsidedown119 > 2014-01-13 13:59 | Report Abuse

And all washed down with coconut wine aka toddy!

Posted by sudahkena > 2014-01-13 14:31 | Report Abuse

Get publicity 4 ths counter.... then they will up offer price hopefully..

Posted by HC Lee > 2014-01-13 14:54 | Report Abuse

Most likely the SCR will be rejected. Then we wait for the sharks to gave better quality shark fin. They have a deadline of 4 years to give before Pakatan takes over Perak. After that, they can dream they have taken over in their dream.

Posted by sudahkena > 2014-01-13 15:43 | Report Abuse

But if scr reject.. it possible the price and volume will drop?

Posted by HC Lee > 2014-01-13 16:00 | Report Abuse

Usually will drop and then move to its true value..

Posted by sudahkena > 2014-01-13 16:08 | Report Abuse

Ok... bcoz I wonder coz ths counter nk active like misc...

Posted by upsidedown119 > 2014-01-13 16:18 | Report Abuse

The sharks can revise offer to prevent SCR rejection. Perak State Govt under lots of pressure. So the sharks will want to feed or never!

Posted by HC Lee > 2014-01-13 16:27 | Report Abuse

That's why the sharks can manipulate the price easily..these prices are not reflective of the real worth of the company but manipulate to suit the sharks.

Posted by sudahkena > 2014-01-13 16:34 | Report Abuse

Now they accumulate........

Posted by HC Lee > 2014-01-13 16:55 | Report Abuse

They are accumulating at cheap price of 3.62/3.63. The date of the egm is still far away so they are taking their time to accumulate.

Posted by HC Lee > 2014-01-13 17:06 | Report Abuse

Because these sharks are using prkcorp money, they have nothing to lose. But they are also working alongside with syndicate to takeover Prkcorp. It's the I help u, u help me scheme.

Posted by AhHuatKopi > 2014-01-14 22:23 | Report Abuse

10 % in 1 year

Posted by JKing > 2014-01-15 07:49 | Report Abuse

An article on prkcorp is published on the edge daily 15-jan of which is available for free download using the edge daily apps.

Posted by sudahkena > 2014-01-15 09:19 | Report Abuse

Yes... jking u email to the edge? Coz it state " the shareholder with 4.4%"....