I not yet received the circular, not yet read the details.

I already have some "reservation" since the proposal first come out.

I think better to vote 'against' the Platinum Sentral acquisition on 12/3

Scared majority holding i.e. management bulldoze it thru...u raise hands raise legs also cannot fight them

And I doubt MRCB's management too...later they screw up the REIT

u can try your luck..

or can do complain to MSWG

Just received Qcapital circular,

Apart from bigger reit size and a little more diversification, shareholders of Qcapital have nothing to gain from the deal, instead may suffer,
1. a little dilution of DPS
2. a little dilution of NAV
3. Gearing rise from 35% to 45%. <--- which I personally don't quite like it at all.

While MRCB may have realised profit of Rm300+ million, (edited for wrongly calculated)
(Platinum Sentral book value is Rm396.9 mil as at 31 Dec 2013), while the deal is proposed at market price as at 15 Sep 2014), getting 30%+ of Qcapital shareholding in return.

I only would vote yes, if Platinum Sentral is one of major hot spot for retail (like Midvalley) and prime office space (like UOA Bangsar), so is Platinum Sentral a hot spot for above mentioned?
Is Platinum Sentral have premium and well know long term leasee? (little info apart from mentioning like SME Corp, SPAD)

PS: I don't familiar with Platinum Sentral at all.

This post has been edited by cherroy: Feb 26 2015, 12:27 AM

What I know is that the leasee mostly is gomen link agencies (SME Corp, SPAD) with some private companies / org like SBM Offshore & iclif

better to visit the place & see who leasee

This post has been edited by nexona88: Feb 25 2015, 10:05 PM

If the deal goes ahead will u dump your beloved Tesco oops I mean QCap?

Looking for second love...

considering.. employment & increment freeze in my company now

Sold

Those.. in your picture.. for sale or not?

Jailbait

Quill Capita Trust finally sold their long vacant property in section 13 pj ?

"PROPOSED DISPOSAL BY MAYBANK TRUSTEES BERHAD (“MTB” OR THE “TRUSTEE”), ACTING SOLELY IN THE CAPACITY AS THE TRUSTEE FOR AND ON BEHALF OF QUILL CAPITA TRUST (“QCT” OR THE “TRUST”), OF A 5-STOREY OFFICE BUILDING TOGETHER WITH 1 LEVEL OF BASEMENT CAR PARK LOCATED AT NO. 2A, LORONG 13/6A, SECTION 13, 46200 PETALING JAYA, SELANGOR ERECTED ON A PARCEL OF LEASEHOLD LAND HELD UNDER PAJAKAN NEGERI 3699, LOT 57 SEKSYEN 13, IN THE TOWN OF PETALING JAYA, DISTRICT OF PETALING AND STATE OF SELANGOR (“PROPERTY”) TO ALDWYCH CAPITAL SDN BHD FOR A CASH CONSIDERATION OF RM27.3 MILLION (“PROPOSED DISPOSAL”)"

This post has been edited by apagranpa10: Feb 27 2015, 12:27 PM

eh? they look like 16 and above (age of consent) leh

Anyhow.. no $ to buy more REITs.. or second/third love

u dump the boat ??

Disposed at/close to book value...no significant effect to earnings. Only will enhance their cash position slightly

Oh...I forgot age of consent

Then...licence to go

I sitting on cash pile now

not planning to "eat"?

kolian Qcaps
luckily didnt follow your argument about it