KLSE (MYR): SBAGAN (2569)
You're accessing 15 mins delay data. Turn on live stream now to enjoy real-time data!
Last Price
6.41
Today's Change
0.00 (0.00%)
Day's Change
6.41 - 6.41
Trading Volume
2,000
T4Q
31-Mar-2021
2020
31-Mar-2021
2019
31-Mar-2021
2018
31-Mar-2021
2017
31-Mar-2021
Total assets
238
-1.64%
1000
+11.55%
110
+81.66%
900
-13.16%
600
+235.36%
Total current assets
238
1000
110
900
600
Cash & equivalents
238
1000
110
900
600
Short term investments
238
1000
110
900
600
Total receivables, net
238
1000
110
900
600
Accounts receivable - trade, net
238
1000
110
900
600
Other receivables
238
1000
110
900
600
Total inventory
238
1000
110
900
600
Inventories - work in progress
238
1000
110
900
600
Inventories - progress payments & other
238
1000
110
900
600
Inventories - finished goods
238
1000
110
900
600
Inventories - raw materials
238
1000
110
900
600
Total non-current assets
238
1000
110
900
600
Long term investments
238
1000
110
900
600
Note receivable - long term
238
1000
110
900
600
Investments in unconsolidated subsidiaries
238
1000
110
900
600
Other investments
238
1000
110
900
600
Net property/plant/equipment
238
1000
110
900
600
Gross property/plant/equipment
238
1000
110
900
600
Accumulated depreciation, total
238
1000
110
900
600
Deferred tax assets
238
1000
110
900
600
Net intangible assets
238
1000
110
900
600
Other current assets, total
238
1000
110
900
600
Total liabilities
238
-1.64%
1000
+11.55%
110
+81.66%
900
-13.16%
600
+235.36%
Total current liabilities
-238
-1000
-110
-900
-600
Total non-current liabilities
-238
-1000
-110
-900
-600
Long term debt
238
1000
110
900
600
Long term debt excl. lease liabilities
238
1000
110
900
600
Capital and operating lease obligations
238
1000
110
900
600
Provision for risks & charge
-238
-1000
-110
-900
-600
Deferred tax liabilities
-238
-1000
-110
-900
-600
Other liabilities, total
-238
-1000
-110
-900
-600
Total equity
-238
-1.64%
-1000
+11.55%
-110
+81.66%
-900
-13.16%
-600
+235.36%
Total liabilities & shareholders' equities
238B
1000B
110B
900B
600B
Total debt
238
1000
110
900
600
Book value per share
-238
-1000
-110
-900
-600
Kuchai oso will up...
Together with SBagan n Kluang
All up up together
Lucky
Kuchai get 222 SBagan
4 weeks ago
@AhPek
I agree with you
Biggest winner is SBagan
But all the three musketeers will up together with Great Eastern deal
Directly or indirectly all the three musketeers gain big harvest from this deal.
4 weeks ago
Will you all still hold after this huge spike due to it still being undervalued?
4 weeks ago
Great Eastern trading @ S$26.15, 55c or 2% ABOVE offer price. Great thing I'm holding all 3 beneficiaries of OCBC's attempt to sapu insurer cheaply!😊
4 weeks ago
Great Eastern share holders are given till 31/5 to sign n sell their shares to OCBC
Some minority share holders of OCBC are unhappy....saying that the offer to buy great Eastern is too expensive!
Let's hope that the deal will go through!
4 weeks ago
On the contrary, geh shareholder are very angry as embedded value is 36.59 but ocbc is offering only 25.60
4 weeks ago
OCBC...so loaded but cheapskate...that's why failed in 2004 & 2006...& will likely fail in 2024 if bid not raised to closer to S$30! Hopefully, both sister cos. will not be swayed by their Lee Rubber affiliations & hold out for a better offer instead of caving in to the $25.60 offer. After all they have held on for the past 50+ years!
4 weeks ago
If accept, the first friday when ocbc table offer, think will have immediately delisted.
4 weeks ago
If they don't accept OCBC's offer, the three sisters will go back to sleep for another 50 years. Think everybody is old and tired already. Just accept and move on.
4 weeks ago
Mr Wong Hong Sun, whose grandfather was chairman of Great Eastern for close to 20 years, holds more than three million shares. “Even if I am not sentimental, I won’t sell,” he said. “Half price is no way.”
Can the deal go through?
🤞🤞
I pray pray the shareholders will accept the offer n the deal goes through!
4 weeks ago
We have till end of June for geh shareholders to decide..at least 28 days from now
4 weeks ago
Like what I said, if Ocbc can strike a deal with lee Thor seng.. they can compulsory acquire geh shares at that price.. lee Thor is one one the key with 7.733 million geh shares under his control
4 weeks ago
Singaporeans very legalistic!
EY the financial adviser will advice !
Chances are...
The deal will go through!
3 weeks ago
A piece of UNBELIEVABLE LUCK 2day!!! I managed to fortuitously grab 84 units of Sungei Bagan odd lots shortly after I logged in @ 4:10 pm offered for sale @ $4.77, thus saving $136 compared to the lowest price on the board lot mkt!!! SOLD 300 more units of sister Kuchai that roughly represents the no. of SBagan shares that I so fortunately bought @ a huge discount!!!
3 weeks ago
@Dompeilee
Congrats!
Happiness!
Good Luck!
Pray pray deal will go through n OCBC will offer a higher price to take over!
3 weeks ago
Definetly not at 25.60. Sg bagan shareholder may benefit from a revised offer of their share instead
2 weeks ago
OCBC intends to delist GE if the free float requirement of 10 per cent is not met, noted EY in a letter to independent directors that advised them on making recommendations to GE shareholders.
1 week ago
Toggle navigation
OCBC’s offer to Great Eastern shareholders ‘not fair but reasonable’, shareholders should accept it: EY
Prisca Ang
Business Correspondent
UPDATED JUN 14, 2024, 09:52 PM
FacebookTelegram
SINGAPORE – OCBC’s offer to buy the remaining shares of Great Eastern from minority investors is “not fair but reasonable”, said independent financial adviser Ernst & Young Corporate Finance on June 14.
In a separate statement after EY’s filing to the Singapore Exchange, OCBC said its $25.60 a share offer price is final and will not be increased. The bank also extended the offer’s closing date from June 28 to July 12.
OCBC made a $1.4 billion bid on May 10 to take its insurance arm GE private following recent shareholder unhappiness over falling returns. Its voluntary, unconditional general offer was for the 11.56 per cent stake in GE that it does not own.
1 week ago
The offer price represented a 36.9 per cent premium over GE’s closing price of $18.70 on May 9. However, it was also 30 per cent lower than the insurer’s $36.59 per share embedded value as at the end of the insurer’s last financial year.
OCBC had received acceptances for 1.74 million GE shares, or 0.37 per cent of the total, as at the end of June 13.
This raises the bank’s stake in GE to 88.8 per cent, and to 89.01 per cent if the number of shares held by OCBC’s concert parties is included. Concert parties refers to a group of investors who buy shares in the same company.
1 week ago
Ocbc has to offer a higher price if not cannot delist as offer is unfair but reasonable
1 week ago
Under SGX rules, using Boustead Projects as an example in '23, even if 90% reached, in order to DELIST the co. the offeror needs to make a FAIR & REASONABLE offer to remaining holders. In Boustead's case, the initial 90c offer was raised to S$1.18 BUT the early acceptances did NOT benefit from the final raised offer.
6 days ago
@Dompeilee
Good that SGX has such a rule
Probably it's only a matter of time that the great Eastern shares will all be sold to OCBC.
Let's wait patiently!
5 days ago
We not sure whether ocbc will give that fair and reasonable price on delisting day. If no have, means share suspension
5 days ago
Presently, and mindful of the 10% free-float rule, investors in GEH are concerned that the purchase price on June 19 is at a significant discount to GEH’s embedded value of $37.81 per share in FY2022. This, in turn is 2% lower than FY2021’s $38.57.
Embedded value is the sum of the value of In-Force Business and the value of the adjusted Shareholders’ Funds. The value of the In-Force Business is calculated using cash flow assumptions for future operating experience and are discounted at a risk-adjusted discount rate. The value of the In-Force Business varies from traditional DCF methods to arrive at an NPV because the risk-adjusted discount rate and allowance for the cost of holding statutory reserves for risk are approximates.
The economic value of one year’s new business rose by 7.1% y-o-y in FY2022 to $860.4 million. However, shareholders’ equity fell by 6% to $9,431.4 million.
The closer OCBC’s stake gets to 90%, the stronger the likelihood of compulsory acquisition by OCBC
4 days ago
Many rich are similar to OCBC. They have billions but scrimp & save pennies:
https://www.straitstimes.com/world/europe/members-of-britains-richest-family-get-jail-terms-for-exploiting-indian-staff-at-switzerland-mansion
3 days ago
Firstly, even after fair and reasonable, it also have to meet threshold of 75% valid acceptance. Then for compulsory acquisition, is 90% of independent shareholder.
2 days ago
INGAPORE - Minority shareholders of Great Eastern (GE) who are holding out for a better exit offer from OCBC Bank may be in for a long wait. How long?
Twenty years or so, if history is anything to go by.
5 hours ago
Does the yearly dividend from Great Eastern justifies the holding out for a better offer?
4 hours ago
MalaysiaEquityGuide
for SIME must watch
https://www.youtube.com/watch?v=XlZ5LIC0BWo&t=10s
4 weeks ago