Sep 27 2013, 10:54 PM
QUOTE(ooyah98 @ Sep 25 2013, 10:20 AM)
If YTL is serious about privatisation; wouldn't it will better for YTL to keep the share price depressed versus support it via share buy back?
Also, YTL Power is holding large pile of cash; YTL will want to private YTLP to take the cash & not spending it on share back buy now.
Bro, use YTLP cash to buy back shares --> then cancelled the treasury shares --> with same number of shares, after buyback and cancel, YTL holding in terms of % is much higher now. Higher % easier to takeover. Also, YTL Power is holding large pile of cash; YTL will want to private YTLP to take the cash & not spending it on share back buy now.
my little understanding is like that. correct me if i am wrong.
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