why no one ever study why felda want to privatise fgv.any reasons why so hurry? why so desperate? why cater rm9.9bil for felda to settle debts and privatise fgv. correct?
you dunno why TSMY and cabinet approved rm9.9bil for felda plan. 6 bil for felda to settle debt. 3.9bil for fgv privatisation. Even parliament also passed the budget. you dunno? Correct?
I believe the revised offer price would be around 1.78 (40% upside). For the 9.9b sukuk issued, 6b used to reduce debt. The balance 3.9 b will be used for acquistition of FGV & terminate the land lease agreement.
After minus 658m for the share purchased from KWAP & UJSB, balance is 3,242m to be divided by balance of 50% publicly holding share (1,820m).
33% - threshold for triggering the mandatory offer;  over 50% - a mandatory offer ceases to be conditional;  75% - holder can ensure special resolutions are passed;  over 75% - the minimum public float required for companies listed on the stock exchange may not be satisfied;  90% - generally, confers the ability to compulsorily acquire the remaining shares in the target company;  90% - trading of the shares may be suspended by the stock exchange. The shares may also be de-listed by the stock exchange.
good luck to us. thank you. We are fighting the felda until the last drop of blood. we want more than rm1.30. Felda cater enuf bullets can offer higher price. Correct?
#SinGor 33% - threshold for triggering the mandatory offer;  over 50% - a mandatory offer ceases to be conditional;  75% - holder can ensure special resolutions are passed;  over 75% - the minimum public float required for companies listed on the stock exchange may not be satisfied;  90% - generally, confers the ability to compulsorily acquire the remaining shares in the target company;  90% - trading of the shares may be suspended by the stock exchange. The shares may also be de-listed by the stock exchange. 23/12/2020 4:26 PM
Thank you SinGor for sharing the above information.
TOP HOLDINGS
Lembaga Kemajuan Tanah Persekutuan 1,227,950,992 (33.660%) Urusharta Jamaah Sdn Bhd 304,689,000 (8.352%) Kumpulan Wang Persaraan 222,480,700 (6.098%) Pahang State Government 182,407,575 (5.000%) Koperasi Permodalan FELDA Malaysia Berhad 173,340,508 (4.751%)
INSTITUTION HOLDINGS
Lembaga Kemajuan Tanah Persekutuan (Government Institution) 1,227,950,992 (33.660%) Urusharta Jamaah Sdn Bhd (Private Investment Firm) 304,689,000 (8.352%) Kumpulan Wang Persaraan (Private Investment Firm) 222,480,700 (6.098%) Pahang State Government (Government Institution) 182,407,575 (5.000%) Koperasi Permodalan FELDA Malaysia Berhad (Private Investment Firm) 173,340,508 (4.751%)
STRATEGIC HOLDINGS
Sawit Kinabalu Sdn Bhd (Private Company) 82,610,989 (2.264%) Ekuiti Yakinjaya Sdn Bhd (Private Company) 20,869,113 (0.572%)
INDIVIDUAL HOLDINGS
Tan, Kin-Yan 36,884,500 (1.011%) Mr. Bin Hassan, Haris Fadzilah 50,000 (0.001%) Dr. Bin P. Ali Thambi, Mohamed Nazeeb 7,000 (0.000%) Mr. Bin Abdul Hamid, Wira Azhar 0 (0.000%)
FUNDS HOLDINGS
Vanguard STAR Funds - Vanguard Total International Stock ETF (Public Fund) 30,166,350 (0.827%) Vanguard Investment Series Public Limited Company - Vanguard Emerging Markets Stock Index Fund (Public Fund) 29,269,057 (0.802%) Vanguard International Equity Index Funds - Vanguard FTSE Emerging Markets ETF (Public Fund) 25,898,957 (0.710%) CIMB Islamic DALI Equity Growth Fund (Public Fund) 20,516,300 (0.562%) Amanah Saham Bumiputera (Public Fund) 20,000,000 (0.548%)
Do you think the following gyus will sell at RM 1.30?
Pahang State Government 182,407,575 (5.000%) Sawit Kinabalu Sdn Bhd (Private Company) 82,610,989 (2.264%) Ekuiti Yakinjaya Sdn Bhd (Private Company) 20,869,113 (0.572%) Tan, Kin-Yan 36,884,500 (1.011%) Mr. Bin Hassan, Haris Fadzilah 50,000 (0.001%) Dr. Bin P. Ali Thambi, Mohamed Nazeeb 7,000 (0.000%) Vanguard STAR Funds - Vanguard Total International Stock ETF (Public Fund) 30,166,350 (0.827%) Vanguard Investment Series Public Limited Company - Vanguard Emerging Markets Stock Index Fund (Public Fund) 29,269,057 (0.802%) Vanguard International Equity Index Funds - Vanguard FTSE Emerging Markets ETF (Public Fund) 25,898,957 (0.710%) CIMB Islamic DALI Equity Growth Fund (Public Fund) 20,516,300 (0.562%) Amanah Saham Bumiputera (Public Fund) 20,000,000 (0.548%) FGV Retailers (to be filled)
i told u... Pathetic la....fgv is rm1.25 when cimb is rm2.8 then cimb is rm4.6 n fgv is rm1.18.. N u guys so happy...hope u learnt unkers lesson on opportunity cost...if u all r happy with 10cents then unker cant help u...u better get an explanation from crooks calvin n mabel. .. Good luck
James Ng :- Youtube comments :- FGv is under valued. CPO prices expected to firm. Diversity of FGv has good synergy with Felda. Buy at your own RISK. ................. Nothing which season investor dont know.
#supersinginvestor i told u... Pathetic la....fgv is rm1.25 when cimb is rm2.8 then cimb is rm4.6 n fgv is rm1.18.. N u guys so happy...hope u learnt unkers lesson on opportunity cost...if u all r happy with 10cents then unker cant help u...u better get an explanation from crooks calvin n mabel. .. Good luck 23/12/2020 6:57 PM
Small boy just bought CMIB make a lot of noises just like when he claim he bought PB Bank earlier. Rupa nya baru nak beli. You sure you bought CMIB or not?
Hello, I have 6 Top Bank in my collection, I don't go barking everywhere like you.
I thought you have left for good, still masih rindu ka?
Our Dr Ooi is still waiting patiently for both of you and Mickey Mouse with long needle vaccine from Mabel MyeG, Dphama and Pharma..
You can choose which vaccine you prefer as we have one from China which is Halal and two from America, also Halal. China one got Bruce Lee Kung Fu - Enter the Dragon Vaccine while the American two got Chuck Norris Karate - Fist of Fury Vaccine
All three are fantastic vaccine that will cure both of you for good...
If privatisation cancel half way how Felda can get back the lands without paying the compensation to fgv? At the end Felda lose more. do half way cannot get full acceptance from minority shareholders and Felda cannot get back the lands. So dont sell now. fight for better price since Felda has rm3.9bil budget to take fgv private in order not to pay higher compensation to fgv. Correct?
keep fgv a listed company still can enjoy high cpo price higher profit margin. why not. Felda pay rm1.30 feel like short changed the shareholders that bought at above rm1.30. Feel a bit kesian for them too. at least higher price can cover more shareholders not at loss at the same time get higher FD rate for those at lower than rm1.30 ones. like this win win for most of the minority shareholders. Correct?
One way to stop felda to acquire more shares from the public is keep the fgv price at rm1.31 so Felda cannot buy more share unless they want to offer at rm1.31 lah. Felda has to offer the highest price they acquired from the open market. Correct?
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....
UlarSawa
35,552 posts
Posted by UlarSawa > 2020-12-23 12:47 | Report Abuse
why no one ever study why felda want to privatise fgv.any reasons why so hurry? why so desperate? why cater rm9.9bil for felda to settle debts and privatise fgv. correct?