On behalf of the Board, Maybank IB wishes to announce that the Board has today (“Warrants Consideration Price-Fixing Date”), resolved to fix the Warrants Consideration at RM0.38 per Warrant, based on the five (5)-day VWAP of the Warrants up to and including 25 February 2021, being the last market day immediately preceding the Warrants Consideration Price-Fixing Date. The Warrants Consideration has been fixed today after taking into consideration the availability of internal cash reserves of the BHB Group to settle the Warrants Consideration.
Please be informed that the Price Fixing Date is not the day where the Final Redemption Price is finalised.
The Final Redemption Consideration is to be fixed on 31 March 2021.
For further information, you may refer to Boardroom Share Registrar.
My team final resort is that we will be VOTING AGAINST the price of RM0.38 if there is no room for negotiation or if the price is fixed at RM0.38 which is too low without considering the intrinsic value of the BIMB WA.
My team comprises 12.12% and we will secure more stakes by combining with other top warrantholders to vote against the final price.
After screening multiple case studies that pro-retailers/small holders.
THis is kinda in disadvantage situation to continue fight like that. I understand your group wish to jack up to form the higher high 5days VWAP price.
To respect the posibility and facts and figures hope your gorup can make wise decision not to outsmart the fund house and major share holders. your 12% shares are very valuable to invest in somewhere instead of replicate GameStop strategy in Bursa.............
My wise advice after long discussion with the Issuer.
if during the CCM, they don't get enough votes, the whole restructuring will fall apart. So they have to convince enough WA holders to pass the resolutions during the CCM, just like any company AGM or EGM. The question is what is the threshold for passing reso in the CCM - is it 51% or 75% etc.?
Posted by asterix > Feb 26, 2021 2:09 PM | Report Abuse
if during the CCM, they don't get enough votes, the whole restructuring will fall apart. So they have to convince enough WA holders to pass the resolutions during the CCM, just like any company AGM or EGM. The question is what is the threshold for passing reso in the CCM - is it 51% or 75% etc.?
Duit gor... I feel proud and happy for my lover master Holland sifu auditor... he got those great fighting spirit and I salute and respect him to Holland ... Huat Zai... hahahah
Woh... my lover master Holland sifu auditor...so good relationship with BIMB onwer ler... pls listen to him... if you wan go Holland again... pls ... cause he asking hold and buy... maybank announced can become no valid... then who announce only be valid? My lover announced is super valid
Pls listen to my Holland sifu auditor... very soon second Holland flight coming again... Huat and congratulations to him... cause BIMB onwer wanna buy higher price from him about RM 1-1.5 ( death ppl notes) hahah...
Good fighting spirit.. salute to my lover Holland master sifu auditor... sure Holland this round... second round also coming soon.... haha... maybank announcement no valid... sifu auditor own announcement only call valid... CCM although I don’t know what is this... hahah
it never up and seriously we all masuk penjara...since masuk penjara ad..I dont want hard sell.... at first I was predicted hit 0.445....
cannot say conman la...because Im the one call then chase...I chase high
Posted by scenery > Feb 26, 2021 5:48 PM | Report Abuse
U said these 2 days, didnt say for keeping; now it become Ur friend bought cheaper price, U bought 36.5 cts push up 37.5 to 38 cts for your gang to sell off these few days. mission accomplished!!!
So bad, U are same same like ularsawa/ciko/dragonslayer bec both also under conman calvint... lol...
Duit gor, my lover master Holland sifu auditor saya BIMB onwer r so childish ler... and he said CCM coming( although I don’t know what is CCM lar) I just BIMB will press down to 0.260 and before expired will be 0.005 soon... Huat zai
Hey everyone.... my lover master Holland sifu auditor already angry ar... why you sell down the price.... he already mention liao, if don’t wan go Holland with himzzz... pls balik kampung.... you all sendiri pandai pandai lor.... Holland or kampung... pls choose yourself.... for me, definitely I will choose balik kampung... but I will miss my Holland master sifu auditor
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....
pretty_life
4,810 posts
Posted by pretty_life > 2021-02-26 13:01 | Report Abuse
Horseh Liao... price will going back square soon... Huat for my beloved master Holland sifu auditor... huat ar... afternoon watch show