Pricing is subject to adjustment and there's the issue of what MPHBCap intends to do with the sale proceeds ...... how much to be paid out as special dividend and/or capital repayment, acquisition of any new business. It will either excite or disappoint the market.
@TheContrarian, based on your observation what do you think the company will likely do with over a $1 billion of cash after the deal? Pls share your thought.
@Johnzhang, I really don't know because I am not familiar with the people who control MPHBCap. I only bought into MPHBCap several months ago. My hope is of course for MPHBCap to distribute the proceeds as much as possible as special dividend/capital repayment. I believe market will respond positively to a big payout.
BNM approved the disposal. The next thing will be the next big event will be the quantum of special dividend to be announced before EGM to seek shareholders’ approval. I hope the special dividend is extraordinary.
although i believe there will be a special bumper dividend, but i dont think mphbcap will be privatised. Surin will leave mphbcap listed to hold his property biz. likely just rename it mphbland or something.
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....
Goh123
295 posts
Posted by Goh123 > 2022-03-23 19:43 | Report Abuse
endgame. q4. just past...u means q3. will September 2022