No, he is talking his NAV.

Agreed on that. A lot of awkward silent moments.

Appointment of directions need to pass an ordinary resolution. i.e at least 50% vote by persons(by hand) or by number of shares.

In the case of AGM, chairman play an important role in determining whether the voting is countbased on the number of shareholders presented at AGM or by number of shareholding presented at the AGM.

For ICAP, the chairman is YM Tunku Tan Sri Dato' Seri Ahmad Bin Tunku Yahaya who belong to Capital Dynamic side.
YM Tunku has 2.492% of share + 0.50% from Capital Dynamic = 3% shareholding.

On the other hand, Laxey and others (assume collabration) hold around 15% of shares.

So, YM Tunku may opt for vote by hand at the coming AGM.

NO sure the other hidden shareholders belong to which camp...

A tough fight tomorrow, but either way is going to boost up the share price in the SHORT-TERM.
Long-term investor is going to take the risk for any hostile takeover/controlling.

Where can we listen to this?


Found it..........

This post has been edited by prophetjul: Nov 9 2012, 01:47 PM

http://www.bfm.my/assets/files/MarketWatch..._TanTengBoo.mp3

I think will vote by poll.

Gold's rise is more than That.......Hes just naughty to peg on the coattails of GOld....

Assume the hall of the AGM (at Mandarin Oriental Kuala Lumpur) will have seats for 900 shareholders.

If the election is by poll, the controlling party just limit the number of shareholders who wish to attempt the AGM by 900 shareholders.

If this is the case, then the Laxey members may have objection for this issue since they are the largest shareholders...


This post has been edited by firee818: Nov 9 2012, 02:32 PM

Yes I never missed a single AGM of ICAP. I am working and staying in KL, to me attending AGM in KL is not a problem to me. How about? Where you from by the way?

I m from Sarawak.

On 6/11/2012, I received the latest news from Capital Dynamic regarding the directors thingy and noted from the letter that the latest date to send the proxy to the secretarial office is 8/11/2012 9.00am.

I wish to courier my proxy on 7/11/2012 but was told that the any courier documents was only done for the night flight ..

on their website too can hear online if you dont wanna download the whole thing.
http://www.icapital.biz/lib/viewvideo.asp?id=70&lang=en

Happy voting tomorrow!

There is some discussion over in Capital Dynamic facebook page
http//www.facebook.com/CapitalDynamics

AGM over.. TTB won, Laxey Partners failed...

You were there?

TTB FTW!

laxey's lousy!

Let's see what's their next move...

Told you guys so lol

So we will see panic selling on Monday

Good, I can buy more cheaper .

When I talked to Tan Teng Boo personally today, I told him that my investment portfolio is performing better than him because I am buying in ICAP shares in discount, and I will continue to support him by buying more .

Is ICAP the only stock in your investment portfolio? Just curious

This post has been edited by HJebat: Nov 11 2012, 08:22 AM

A lot of intelligent, gifted ppl are awkward when speaking in public. Gates, Buffett (I saw his recent interview with CNBC's Beckie Quick ), a noted Malaysian writer, ..... and me ( )