Nov 22 2010, 05:51 PM
QUOTE(JamesPond @ Nov 22 2010, 05:35 PM)
RM3 only............
Free 15% profit not enough?Added on November 22, 2010, 5:53 pm
QUOTE(cherroy @ Nov 22 2010, 05:50 PM)
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.
Hmm let see what happen next for MRCB....., cruelness to us the small fish....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.
This post has been edited by popcorn513: Nov 22 2010, 05:53 PM
Quote
Buy at 52w highest price and make sure all happy....
0.0259sec
0.74
6 queries
GZIP Disabled