Announced PN17

Don't scare ppl la
Please check "http://biz.thestar.com.my/news/story.asp?file=/2010/7/14/business/6659149&sec=business"

I hope someone here can help ggrace82 here because I don't know that much abt MAA even though I had it before.
Per my understanding, it sold most business to Zurich and it's kind of empty shell now.
IMO, it's not so good to hold this.

Btw, I hope I am wrong.

Any1 know the conclusion of this annoucement? SP Setia gone liao?

Type : Announcement
Subject : TAKE-OVERS & MERGERS (CHAPTER 11 OF LISTING REQUIREMENTS)

Description : S P SETIA BERHAD (“SP SETIA”)
- Disclosure of dealings in accordance with Section 33 of the Malaysian Code on Take-Overs and Mergers, 2010

Announcement Details/Table Section :

We refer to the announcement dated 28 September 2011 on the notice of take-over offer served by Maybank Investment Bank Berhad (“Maybank IB”) on behalf of Permodalan Nasional Berhad (“PNB” or “Offeror”) to acquire the following:


(i) all the remaining ordinary shares of RM0.75 each in SP Setia (“SP Setia Shares”) not already owned by the Offeror and the person acting in concert with it (“PAC”);

(ii) all the outstanding warrants 2008/2013 issued by SP Setia (“Warrants”) not already owned by the Offeror and the PAC (“Offer Warrants”);

(iii) all the new SP Setia Shares that may be issued prior to the closing of the Offer (as defined herein) arising from the exercise of outstanding options granted pursuant to SP Setia’s employee share option scheme; and

(iv) all the new SP Setia Shares that may be issued prior to the closing of the Offer (as defined herein) arising from the exercise of outstanding Warrants,

for a cash offer price of RM3.90 per SP Setia Share and RM0.91 per Offer Warrant respectively (to be referred to as “Offer”)


On behalf of SP Setia, Maybank IB wishes to announce that PNB has informed that it has dealt in the SP Setia Shares and/or Warrants on 3 October 2011.

Non bumi business have been eaten by bee end one by one.
Where are those politicians who claim they're the voice of non bumi?

I know and this is the problem lo.
He lost his voice in his company. This is the problem

Climb hill hard, go down easy ....just roll down like a ball Just like stock market

Wife scolded him liao. U want to die ke? 1 batang 1 batang, don't need money ke?

Whoever chose option 2 ...

Possible but from Rm2.38 to rm3.50, more than rm1 ? Unlikely

deleted.

This post has been edited by othme: Oct 5 2011, 10:26 AM

Everyone has his own right to post anything.
But I got to admit, the tomb is kind of disturbing haha

Peace

This post has been edited by othme: Oct 5 2011, 10:39 AM

I think it's easier to list down bullish people. List will be shorter

He's good ma, he follows advice well.
When you feel like selling (bearish), hits "buy" button.
When you feel like buying (bullish), hits "sell" button

I hope jibjib will mentions new projects to my counters

GOD love Iphone too. Job is called back to design and make new phone for GOD.
GOD don't like investors like WB. Therefore don't worry my friends, we all going to live more than 80

This post has been edited by othme: Oct 6 2011, 11:50 AM

my ytlp also >23% paper loss

Yeah, u r right. Hope it got power back and chiong 9 9.

I did try before but sometimes ternaik Appollo 13.