QUOTE(GregPG01 @ Dec 6 2010, 04:02 PM)
i checked that they are asked to sell by indo sc because of the free float requirement. but can always apply for extension when the deadline nears. if they managed to sell, that would be an additional gain of 0.2x of a one time gain to the book value. so sell = additional gain to book value. no sell = nothing la, apply extension again i think . ops, maybank ter-matched .
anyone want more kulim ? theedge has a writeup last weekend that jcorp considering taking kulim this time .
ooo . drb falling .
oh i see.. i was just curious about this
"Maybank may request for further extension if the sell down exercise would
result in Maybank incurring a potential loss in excess of 10% of Maybank's
original value of BII acquisition, preferably 2 weeks before 1 June 2011."
making me think they might be selling at a loss. but nvm all's green light now

QUOTE(yok70 @ Dec 6 2010, 04:02 PM)
Oh...so it's technology sector? Is MESDAQ similar concept with NASDAQ?

um.. yeah primarily for tech stocks.