When a company intended to be privatised, generally there won't be any dividend.

It is not the issue benefit alone, as minority shareholder in private company, your right won't be protected at all.
You can get zero dividend despite company earn trillion.
You cannot sell off your stake as it is a private company stake, nobody will be interested to buy off your 0.01% holding in a private company.

I find zero reason to hold on shares in a private company.

A share/asset that cannot be sold/liquidate, it is as good as none.

Remember even the Maxis relisting, the new Maxis is not the same entity with the old Maxis, they are different company.

yep, received it yesterday.... a blue form...
u mean the transfer of securities request form (FTF010)? my broker requset me to sign 2 blank FTF010, izzit secure?
+ additional RM10 charges?

the takeover is rm21.80 but the current price is rm21.34. worth? coz i sked speculations

You do not sign blank form. Bad practice, even though CDS doesn't allow third party transfer.
Fill in the shares you want to transfer, the securities code, amount of share.

Yes, any CDS transfer is charged Rm10.

had any1 received their cheque?


This post has been edited by fergie1100: Sep 25 2010, 08:30 PM

so no one getting their cheque yet?

me not yet. such a long wait ....

anybody receive the cheque yet?

Mine will received on 11th October as mentioned by the company secretary of Tanjong Capital Sdn Bhd.

darn its all over i think.
by the way being a minority shareholder is not bad.
u might get windfall such as big capital repayment.

Don't know what you are talking about?

Tanjong is already delisted, now a private company.

Ya now a private company which we are not part of.
By the way being a minority shareholder is not such a bad idea if our stocks are not compulsorily acquired.
I remembered some companies taken private used to give big capital repayments.

Bad bad idea.
The reason of compulsorily of acquiring remaining shares is to protect minority shareholder.

Minority in a private company, nobody care about your benefit at all nor anyone can do to protect your benefit.

Majority shareholders, directors can give you zero cent, while they are getting million or billion of money from the company.
While it is not against law as well.

This post has been edited by cherroy: Oct 9 2010, 03:47 PM

Wat u say is true, that's why when we choose a company to invest in we look at the management.
If the management is not of the type which takes care of its minority shareholders then better stay away.
Its difficult to find a good and sincere management team let alone be their minority shareholders.
Anyway as for Tanjong, being a UK registered company and AK 's reputation of shunning the limelight,
chances are they won't be too oppressive against its minority shareholders. This will not be the case for an Asian company (most likely )