If he is, is this bad news or good news?

yes..the same person...
not a good or bad new....

King of Goreng until hangus huh

QSR gets bid from tycoon Halim Saad
Malaysia’s QSR Brands $ has received a takeover offer from Idaman Saga, a vehicle linked to tycoon Tan Sri Halim Saad.

The company did not disclose any pricing details on the takeover offer. QSR said its board was deliberating on the proposal.

The shares of QSR were suspended from trading this morning along with its major shareholder Kulim and its subsidiary company KFC Holdings.

There had been speculation in the market that a foreign private equity firm was providing financial backing for Idaman Saga. - Reuters

Read more: QSR gets bid from tycoon Halim Saad http://www.btimes.com.my/Current_News/BTIM...l#ixzz15ivkqtFp

Halim Saad makes preliminary proposal to take over QSR

KUALA LUMPUR: Tan Sri Halim Saad has made a preliminary proposal to acquire all the entire business and undertakings of QSR BRANDS BHD [].

QSR said on Friday, Nov 19 it had on Thursday received the proposal from AmInvestment Bank Bhd and Newfields Advisors Sdn Bhd, on behalf of Idaman Saga Sdn Bhd, a private company owned by Tan Sri Halim Saad and Datuk Che Mokhtar Che Ali.

“The board is in the midst of deliberating on the proposal and will make further announcement(s) in due course,” said QSR.

no hints for action, all just guessing no direction at all..... good luck everyone.

mostly bad

but I guess times are different now

any Zelan(er) here, really bad results ......

http://www.bursamalaysia.com/website/bm/li...ments/index.jsp

a lot of major corporate exerice involving GLCs..
listing, mergers, acquisitions...

MRCB and IJM Land merger confirmed?

Both companies did not deny the news in their announcements to KLSE.

Tycoon buying into QSR

QSR Last Traded was RM5.76

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Added on

China Raises Banks Reserves Requirements by 50bp

This post has been edited by mopster: Nov 19 2010, 08:47 PM

Merging is good new or bad news, what possible impact to stock price?
LOL new here need some pro advice

The QSR, KFC announcement is rather.... (can't find a word to describe it), propose privatisation, but not giving any indicator on price.
Let you all guess.

Like a guessing game.

wahhh seriously MRCB merger?
my impression of MRCB was solo flyer and unattractive all this while, looks like i got it wrong.

hmm.. YTLE transactions is weird.. or this is normal for ytl counter?
4.50pm stil RED 1.53... after that straight jump to 1.62 with high big volume sapu at 1.62...
YES

SO merging is good or bad? Fist time get a stock that going to merge.....

affraid mr. cherrory and pana goreng sampai hangus lagi. hehehe

This post has been edited by masterjedi: Nov 19 2010, 09:46 PM

My view, doesn't necessary correct.

Good for MRCB, not so good for IJMland

A lot of time, merger is not 1 + 1 = 2.

Sime is the good example.
I prefer the Sime before merger, steady result and dividend. But after merger, doesn't provide 1+1 = 2 effect. Look at this year Sime final dividend, never in recent history got such low one.

my view? it would be quite irrational because MRCB has >60% gearing. a merger or takeover would mean that IJMLand would have to take on substantial debt. but it's very good for MRCB because.. how do i put it, IJMLand is a prettier jewel than MRCB.

if it happens, i feel IJMLand's shares might take a hit.

I see, so i should hold the MRCB stock until merged or sell before merged?