yes if the minority agree to accept that price...
but no matter how small you share percentage you have right to say no...
but of course by owning the "odd" lot share you can't trade in on the floor

This post has been edited by x_suncai: Nov 22 2010, 05:12 PM

yup~~ privatise means change from public limited to private limited right ?
but delisting alone doesnt mean privatise... coz a public limited can be not listed as well..
plz correct me if i'm wrong

Certainly.

The best privatization offer I get was from TANJONG PLC.

IIAM, it closed at RM17++, and it offered to take private at RM20.80 (or so). Sweet memory

So does this happend before?
Manupulate price high and trap retail shareholder who bought it and buyer push the price drop before take over.....

It seems privatization its not a good sign then, too much uncertainty

Jack Daniel's Chicken..
Oriental "Fa Dew" Chicken
Mediterrenean Chicken
Kentucky Fried Chicken

This post has been edited by mopster: Nov 22 2010, 05:20 PM

1899 BKAWAN BATU KAWAN BHD
Notice of Shares Buy Back by a Company pursuant to Form 28A

Date of Buy Back : 08/11/2010 to 12/11/2010
No. of Shares Purchased : 70,400 shares
Minimum Price Paid For Each Share Purchased : RM 15.400
Maximum Price Paid For Each Share Purchased : RM 15.500
Total Amount Paid For Shares Purchased : RM 1,090,507.11
Shares Were Purchased Through : Bursa Malaysia Securities Berhad
No. of Shares Purchased Retained in Treasury : 70,400 shares
Total No. of Shares Retained in Treasury : 16,985,700 shares
No. of Shares Purchased Which Were Cancelled : 0 shares
Total Issued Capital as Diminished :
Date Lodged With Registrar of Company : 22/11/2010
Lodged By : Batu Kawan Berhad

===

Stone Friend is still buying back at this level.

KLK qtr report would be out on next Monday. Guess Bkawan would follow suit too.

Got such nice buyer

+1

Forget about the unhappy.......
Go take a elegant dinner, post the photo on FB, mood became brighter

wahhh United Plantation EPS drop... need to dissect the report right away...

The wealthy man in Malaysia...........The King of Privatizing

I have no more 3Q. Sad.

Left 2Q. Adore them very much.

Calling Moppy!

Do you want to top up more PARAMON?

Looking forward for Special Divvy by CNY

RM3 only............

got.."TAK" kor lor

i tot Ireland scare would send it to 4.9x... it didnt..
we have whole december, portugal scare and finally spanish flu scare coming up... got chance..
the EGM just over.. i hope they keep the special divvy for next qtr...

---

Added on
woah.. Cocoaland eps.. holland liao..

This post has been edited by mopster: Nov 22 2010, 05:42 PM

thought today wan to secure kulim at the very last minutes

It should be in Dec since the deal is about 3 months already. Anyway, the price of Paramon suggesting that the special div already bake in, now waiting for slaughter victim to buy high only

mostly ytl being slaughters..... today.. soo bad

Either your trading platform got issue or mine having issue. I'm looking at 0.91 now, my Q at 0.88 as always never match.

Not actually. It is the other way round.

If major shareholders >50% and not being classified as RPT, small fish cannot do anything at all.
Whether give you a sweet from the deal or being slaughtered from the deal, small fish only can wish.

A piece or entire business that can/will be sold at Rm1 million or RM2 million, it all depended on the major shareholders say on the above example.
So it actually open up "gap" or opportunity to acquire some business at cheaper price as compared to privatisation.
Asset/liabilities can be not in favour for minority shareholders.

While for total privatisation, you have every say on whether to say your shares in hand or not, and privatisation need higher hurdle as you need at least 75% or 90% before it can trigger the de-listing and privatisation.