PTGTIN (2208): Company Meetings

We don't have to sell to him at 24 sen. Now we know there is a floor at 24 sen. Am sure SC will not approve as average one year price is 25 sen. Dr. Chen is trying his luck.

2016-04-28 23:25

stockmanmy

dont go near his share.

2016-04-29 01:32

richman

net assets for this share is above $1 and he offers 24cts.bloody crooks and scoundrels. bursa must make sure he offers more to the minority shareholders

2016-05-13 15:01

jt888

Read the IAC from Bursa website :

Although the Offer can be deemed reasonable, we are of the view that the “not fair” substantially
outweighs the “reasonable” as the Offer Price of RM0.24 represents a significant discount of
approximately 77.98% to the RNAV per PTB Share of RM1.09. We noted that certain properties
of PTB Group were not valued since its date of acquisition nor recently revalued which, in our
view, if a recent valuation was carried out, the RNAV per PTB Share is likely to be higher than
RM1.09. As such, we recommend that the Holders REJECT the Offer.

2016-05-30 17:38

firehawk

u all want to accept the offer ah? i dun want to accept loh!

2016-05-31 15:57

fhis

net cash company....lots of assets to unlock its value...no wonder someone wanna try to take it private...not selling...

2016-06-01 03:16

RVI123

Hunza RNAV RM9.50, but privatized at RM2.90 in March this year.
This one, even worst, RNAV more than RM1.09, offer RM0.24, can not let major shareholders keep taking advantage of minorities shareholders.
He has to increase his offer to at least RM0.60 per share.
This is another example share price is way too below the actual net asset value of company.

2016-06-06 01:11

stockmanmy

until the law changes, you just have to do what you have to do...........

Posted by RVI123 > Jun 6, 2016 01:11 AM | Report Abuse

Hunza RNAV RM9.50, but privatized at RM2.90 in March this year.
This one, even worst, RNAV more than RM1.09, offer RM0.24, can not let major shareholders keep taking advantage of minorities shareholders.
He has to increase his offer to at least RM0.60 per share.
This is another example share price is way too below the actual net asset value of company

2016-06-06 02:08

stockmanmy

not selling? sure or not?
after delisting it becomes stone at the bottom of the sea.

fhis > Jun 1, 2016 03:16 AM | Report Abuse

net cash company....lots of assets to unlock its value...no wonder someone wanna try to take it private...not selling...

2016-06-06 02:10

firehawk

is a ham kar fu gui ... same as kbunai .....

2016-06-08 10:49

Terence Chin Yun Peng

Offeror currently only held 81.5% as 9 june 2016 reported by RHB .. failed to acquired more than 90% ..

2016-06-13 16:28

LeAi

Sometimes is brewing, buy before it is too late

2017-02-22 20:46

Jeffreyteck

Really no idea what is the directors role and how effective. Coming AGM wanted to approve their fees for 2017, haha, tak cukup lagi, want to approve for 2018. Joke of century, that shoWws their greediness. There are people born without knowing what shameful means. Good luck all the minority.

2017-08-09 22:09

Jeffreyteck

The Group recorded a loss after tax of RM7.10 million on the back of RM21.52 million revenue for the financial year ended 31 March 2017. The current year financial result were weighed down by a non-recurring land premium expense of RM10.92 million and impairment of receivables of RM5.01 million, mitigated by a gain on fair value adjustment of RM5.79 million on its investment properties and reversal of provision for tax penalties of RM1.35 million. In the previous financial period ended 31 March 2016, the Group reported a profit after tax of RM8.08 million on the back of RM28.80 million revenue.

**impairment of receivables, Hahaha? Related parties involved? What action has been taken? Please give details and be transparent.
***If with revenue also making losses, just close down and return NTA to all SH, don't let management and directors suck all the balance as they are talented people and most properly rich people too.

2017-08-09 22:23

Jeffreyteck

CEO also serves as the Chief Executive Officer and Executive Director of Karambunai Corp Bhd and Executive Director of FACB Industries Incorporated Berhad. Oh dear, less than 40 years old, no wonder. Good luck.

2017-08-09 22:33

OngOngLai

moving..

2017-09-15 16:34

Annetan

Anyone knows whatever rumours circulating pertaining this share? I haven't bought but I noticed it has been very strong for the past few mths

2018-01-11 18:22

calvintaneng

Hi guys,

Petaling Tin will be taken private and finally delisted at a very unfair price for shareholders

SC should have requested Petaling Tin Directors to revalue all its assets to current market value before privatisation value is allowed.

As such SC AND BURSA are caught sleeping and in total negligence of their duties

THEY ALL SHOULD BE SACKED.

THEN REPLACED BY MORE COMPETENT PEOPLE

OR ELSE MALAYSIAN MINORITY SHAREHOLDERS WILL ALWAYS GET CHEATED AND ROBBED KAW KAW!!

2018-08-13 21:44

TheContrarian

SC chief to be sacked soon.

2018-08-13 22:17

Cortkk

Anyone knows when is the payout date for this takeover?I have 1k shares.

2018-09-27 09:33

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