"Posted by Mabel > Feb 11, 2022 2:40 PM | Report Abuse
#DickyMe Still far away from IPO price.
What a failure! 10/02/2022 5:46 PM
Haha ...who ask you to buy IPO price?
Burp....excuse me...
Meow"
========================
HAHAHAHAHA..
You think I am toopid like a cat to buy at IPO price? I never buy any IPO because it is opportunity for the sharks to be millionaires. I never touch any GLC related stocks too. HAhahaha. GLC is where all the pirates are lurking.
"" EVO118 Only need another 2,400,000 for FELDA to be holding 80% . Forget about the public shareholding spread. Who is in charge? Is Bursa the regulator or a puppet for FELDA because of someone else pulling some strings? If I am not mistaken it is illegal to keep accumulating towards 80% without making a GO. I suppose rules are meant to be broken if you can get way with it.""
I thought the GO is at 90% ? Felda + PAC now stands at roughly 83% +/-...
1. There is no provision under listing requirements
- permit a person to acquire shares via OPEN MARKET PURCHASES of such number of shares together with its own shareholding exceeding 90% or more.
Therefore delisting of FGV via open market purchase by Felda/Pac till 90% threshold shall not arise
2. Since Felda is now in control and breaches the min. public spread requirement, the main issue here is To maintain or To Not maintain listing status of FGV
To maintain - rectifying the spread
To Not maintain, either - P.16.06 Request for withdrawal (Scheme of arrangement, compromise, amalgamation or selective capital reduction) or,
- P.16.07 Withdrawal in a take-over offer ( Uncond. & , volun.) so as to reach the delisting threshold of 90% or more
I think Felda no need take private, they have make billions of $$, should let it free float in the market, so that can realise more billions into their pocket, and politicians can use it for GE15.
When bear market they take private, when bull market come who want to take to private???
FELDA | Pemilikan saham dalam FGV kini 82 peratus Lembaga Kemajuan Tanah Persekutuan (FELDA) berjaya menguasai 82 peratus pegangan saham dalam FGV Holdings Bhd (FGV) setakat ini. Pengarah Besar FELDA, Datuk Amiruddin Abdul Satar berkata ia membolehkan agensi tersebut menguruskan ladang perjanjian pajakan tanah (LLA) FGV , kilang sawit, serta isu-isu melibatkan peneroka dengan lebih cekap. Bagaimanapun, beliau berkata perincian lanjut berhubung perkara itu akan diumumkan dalam masa terdekat.
potentially it will be taken private ready for 12mp for such as conversion oil palm land to new township, green industrial complex etc to promote new economic development based on clean energy .... ?? indon is developing such setting in Kalimantan JV with China ....
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....
DickyMe2
1,509 posts
Posted by DickyMe2 > 2022-02-14 18:14 | Report Abuse
"Posted by Mabel > Feb 11, 2022 2:40 PM | Report Abuse
#DickyMe Still far away from IPO price.
What a failure!
10/02/2022 5:46 PM
Haha ...who ask you to buy IPO price?
Burp....excuse me...
Meow"
========================
HAHAHAHAHA..
You think I am toopid like a cat to buy at IPO price?
I never buy any IPO because it is opportunity for the sharks to be millionaires.
I never touch any GLC related stocks too. HAhahaha.
GLC is where all the pirates are lurking.