Can't agree more with you Kucimiao, once retailed shareholders being phased out, this counter will fly.

anybody has latest news why run so fast?

haha, ajiya run,run run

don't worry, most probably something is brewing in the company, insiders hungrily collect in past 2 weeks.

Mamakutty, leadership by example. From top politician to office boys in Majilis bandaraya.

Calvin ,
Right pick and good return.
Will it reach its NTA $3.9?
Any insider news on corporate exercise?

so who is the real 大马股神 ?
the answer is quite obvious.
The one that use his personal money to make himself more money and try his best to keep himself in low profile to avoid being targeted by bad guys.
While the other one is trying to use Icap Bhd to boast his personal high profile so hope more laymen will supply more money for him to earn his commission or management fees in the process of investment.
To make it simple, one is trying to grow his wealth by investing while the other is trying to earn management fees or commission.

Ivan2222, can you tell more please

He is growing his personal fund management business, spreading to Australia ,Singapore, and currently concentrating china. where as Icap Bhd is limited to Malaysia Market, He is also lone ranger and decision is made by him alone. Unless he is superman, he has lost his focus in Malaysia Market, that is why he didn't buying those export oriented counters.

http://myinvestingnotes.blogspot.my/2015/09/icapital-close-end-fund-winners-and.html

Start with good saving attitude will end up not enormous rich but at least moderate rich.

Move to hk not to be bully by Najib's government?

Haha, from i3 investors, at least I know legendary investors have personal characters of sarcastic, open mouth with stupid , etc

Legendary Koon advocates buy good companies in last 5 years can make tons of money and this is the true investor while Boo says holding cash "tight" in last 5 years just "sapuh" management and advisory fees is another kind of great investors. I am confused ,probably I need to seek munks help from temple.

Murali, you are getting famous as you like to knock the head of famous investors or legend in Malaysia. By right Legendary Investors such as Koon and Boo, you must remember not to hit but to kowtow.

can see but can not eat (in mandrin)

Jl investment stands for what?

Fast, thank you for your sharing of personal character . I think you mentioned must be male staff , not hoy chicks. no hole, sorry lah, Previously, I attended his seminar, I also notice most of his staff are hot chicks

Celvin TAN, I can't agree more what you have said. TTB not only stands for Trap Trap Boo ,can also be called Trap Trap Bullsit.

Haha , year after year, he enjoys his 7millions commission and companion of sweet girls while what icap Bhd share owners get ? Free air and rain water. Never mind, they asked for it.

If supermaax drop more, Stanley will take opportunity to privatize it and list it in oversea.

So, what's so great about his right,he has been shouting market will collapse one day since 2009.

What patient ? What about opportunity cost of holding cash in last 5 years?

Of course he is so worry to be kicked out and lost his big fat fees with just sleeping with his job.

Similarly, when Umno can't performed cannot convinced non Malay to support them during GE 13, they used their Umno AGM to make unfounded slandering and bombarding Non Malay . What else can they do?
For any company listed in bursa, what makes shareholders happy is their returns not worshipping.

Why resort to personal attack as well as worshipping because ttb's followers are not thinking independently and rationally. They can't argue or convince others why last 4 years return of icap is horrible compare with what Murali describe as so called Donkey. Once ttb said waiting, though 4 or 5 years of wrong forecasting, they remain " yah ,betul, let's waiting. "
Not just that, TTB started this year with a slogan " waiting is a form of working for fund management " as described by a professor of US, his die hard followers will also blindly shouting his slogan without considering how many years of wrong forecasting he had made. How much fees he had collected .
What about shareholders returns?

So called Superinvestor Mr.KYY? So many are condemning him now, I think his supporters should also come to this forum and ask those who disagree with his title to go away or shut up.....hahaha, what a stupid mentality.....

We are discussing the company by facts and its history and not to scold people or asking people to get lost,
By all means if the forumer can highlight points and facts to support his argument and is logical, though we disagree , we still respect him .

No personal intelligent, survive by way of ball carrier and if you give him a small praise, he will treat you higher than his biological parents.

This is the typical Perkasa and Umno argument, helpless ,brainless and no facts and looks stupid in this i3 investors intelligent forum.
People with this mentality is nothing except ball carrier, has no different to members of MCA,MIC and Gerakan

Dual listing is just and only gimmick of shameless fund manager to bring his die hard supporters to holland.
1. Just look at his performance of his icap global fund and icap international fund from day of its inception. What is the return? If one to invest locally in last couple of years, he can easily beat him.
2.the bigger the fund ,the better, he get more fees .
3. A small timers operates buy and sell in foreign countries involve higher brokerage fees(more than 1% per transaction) and forex changes, is it worth the effort ?

His current immediate task with the board of directors is to deploy ways to close the gap of icap NAV and it's share price. But he try to blur his supporters attention.

Murali
Agreed precisely what you have said.
This so-called idol investing instead of value investing .haha.......

Wow, 72% great fools are supporting me! I can sleep soundly already and 7millions 袋袋平安。

吉隆坡30日讯）资本投资（ICAP，5108，主板关闭式基金）重新委任东姑阿都阿兹为董事的议程，只获得72.96%的赞成票，因此议程不被通过，挑战派险胜并达到目的。

资本投资今天在马华大厦继续举行早前被延展的股东大会，以投票方式表决第四项议程，即重新委任东姑阿都阿兹为董事。

大会历时约2个小时半，重新委任东姑阿都阿兹为董事的议程，最终宣布获得72.96%的赞成票，仅略低于75%的门槛。

挑战派觊觎席位

针对这项结果，资威资产管理（Capital Dynamics）董事经理陈鼎武相信，持股11.39%的挑战派———伦敦投资管理公司（Cityof London Investment Management Co Ltd）和欧洲对冲基金拉克西（Laxey），估计会在短期内召开股东特大，委任三名董事入局。

他表示，如果小股东不站出来反对，一旦对方所指定的三名董事入局，资本投资辛苦经营的成就，恐怕会毁于一旦。

“对方早前在解释信内表示，反对东姑阿都阿兹为董事的理由，是后者没有相关经验。

可是，他们早前要委任的那三位董事，其中两人，在关闭式基金领域也没有相关经验。”

陈鼎武表示，挑战派今天依旧没有派代表出席大会。

“对方现在持有约1600万股股权，若要在股东特大推翻他们的议程，需要超过持股1600万股股权的小股东投下反对票。”

他坦言，若本次议程顺利通过，相信挑战派未来也会继续采取行动入驻董事部。

出席股东减少

虽然陈鼎武早前一直呼吁股东踊跃出席今天的股东大会，履行作为股东的责任，不过，今天大会现场的股东人数，明显比原先的股东大会要少。

据悉，虽然亲临现场的股东人数有所减少，不过，该公司收到的代理投票甚多，但仍不足以构成75%的赞成票。

新闻背景

伦敦投资公司争董事

两年前，资本投资就曾掀起董事争夺战，“挑战派”正是伦敦投资管理公司和拉克西。

当时，拉克西提名3名代表（包括创办人安德鲁）进入董事部，原因是认为资本投资股价与净资产值（NAV）出现巨大价差，因此，要求加入董事部纠正一切。

惟那一年挑战派得票率不超过14%，陈鼎武的阵营大获全胜。今年，资本投资在10月11日举行的股东大会临场“夭折”。

因为大会主席在股东大会举行的前两天，才接获持股11.39%的伦敦投资管理公司和欧洲对冲基金拉克西致函，委任大会主席在第四项议案时，代投下反对票，反对重新委任东姑阿都阿兹为董事。

陈鼎武认为，当天才知道此事的小股东无法做出明智的决定，因此，要求延展股东大会至11月30日，再针对此议案进行投票。

http://www.nanyang.com/node/665856?tid=462

你全馬走遍要小股东支持你，你想的美。去吃屎吧！

要是你l心、中有照顾小股东，我想他们也㑹出席投票支持你。可是你没有，你想你自己的7百万酬劳。不是现在完蛋了， 往后也完蛋了。

Murali,
TTB not just " chun" this round for his market prediction but he confirmed , and already brought his die hard supporters to Holland in last 4 years while as you said, donkey also can outperformed him.

Calvin, please lah, my intention is to highlight to icap shareholders that they are ill- treated by shameless icap fund manager ,TTB who collected money and place in banks for since 2011 and drawing $24million fees for himself.
What did shareholders get? Just told to wait and be patient!!!!!!!!
I don't have ulterior motives.

So now everybody knows a donkey also better than shameless icap fund manager TTB .
Cheers

Shareholders must control the board of directors , then, board of directors can engage new fund manager or revise the terms with current fund manager.

KS 55, unfortunately a Lot of his loyal supporters not thinking along like you, they don't mind idle their money with him and let him collect big fat fees while get nothing. How silly isn't it.

TTB don't want others major shareholders to t interfere his management of icap, I suggest he should privatize the company with his hard core supporters.
Can't win in legal way, then talk about moral and ethical non sense. What a his grandmother 's ways?

At least , my effort for last 8 days were not wasted.

Hahaha, TTB finally goe defeated, his puppet Tunku Abdul Aziz was not re-appointed .

See how the behavior of this icap fund manager TTB is!!!!!
He said 12% major shareholders city lot London n Lacey wrote to him instead should write to board of directors and other shareholders informing their objection of Tunku Abdul Aziz bin Tunku Ibrahim to be re appointed as director tomorrow .Can you believed what he said?

1 I am one of the sharehoders of icap, do you think city of London know my address.?

2. Do you think City of London is that stupid to address the issue to him?
Currently ,he is merely employed by icap to pick stocks only.

It only tell us how arrogant and dishonest a person he is!!!!!!!

&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&

倫敦投資2原因否決阿都阿茲‧陳鼎武：理由不足
2014-11-28 17:17

（吉隆坡28日訊）資本投資（ICAP，5108，主板封閉式基金組）大股東倫敦投資管理公司（City of London Investment Management）終打破沉默，以“基金認知”和“退休太久”兩大原因，向董事經理陳鼎武解釋為何否決敦姑阿都阿茲連任董事議程。
但陳鼎武認為，倫敦投資管理解釋理由不足，更點出為何相關信函只向他作出解釋，而非董事部、大馬股票交易所，甚至是3千400位基金股東？
倫敦投資管理發文告指出，根據其封閉式基金企業監管和投票政策（第9版）報告，清楚闡述封閉式基金的經驗和認識遠比對基金投資的國家或區域知識來得重要，後者是由董事部委任並發薪提供技能的經理職責。
同時，倫敦投資管理也對敦姑阿都阿茲的退休時間過長感到擔憂，因“若一位董事已退出活躍的職場生活超過5年，他就不應重新開始一個新任期。”
“倫敦投資管理相信在相關條件外的董事技能和貢獻可能脫離現有商業實踐方案，或董事部帶來長期實際增值效益。”
不過，資本投資回應稱，作為大馬第一和唯一的封閉式基金，資本投資的董事對封閉式基金有必要的認知才是合情合理的。
此外，資本投資也質疑倫敦投資管理的“活躍就業”定義，認為敦姑阿都阿茲現為大馬反貪基金會主席，也自2011年起擔任公司董事，難道還不算是“活躍就業”？
整體來說，陳鼎武對倫敦投資管理展現出的高人一等態度感到非常失望，認為“倫敦投資管理的解釋並不足、缺乏基礎和站不住腳的，股東們並無法因此作出合理的決定”。
陳鼎武是在本月17日的媒體匯報會上指出，若倫敦投資管理基金是負責任的投資者，就該向其他股東解釋為何拒絕讓敦姑阿都阿茲連任董事。
在倫敦投資管理基金的阻撓下，資本投資在上月11日舉行的股東大會中，無法通過讓敦姑阿都阿茲連任董事的議案；由於股東要求，資本投資決定暫時保留該議案，並在本月30日再次召開股東大會，第二度尋求讓敦姑阿都阿茲連任。（星洲日報／財經）


點看全文: http://biz.sinchew.com.my/node/106380?tid=7#ixzz3KRmJuj00
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See how the behavior of this icap fund manager TTB is!!!!!
He said 12% major shareholders city lot London n Lacey wrote to him instead should write to board of directors and other shareholders informing their objection of Tunku Abdul Aziz bin Tunku Ibrahim to be re appointed as director tomorrow .Can you believed what he said?

1 I am one of the sharehoders of icap, do you think city of London know my address.?

2. Do you think City of London is that stupid to address the issue to him?
Currently ,he is merely employed by icap to pick stocks only.

It only tell us how arrogant and dishonest a person he is!!!!!!!

&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&

倫敦投資2原因否決阿都阿茲‧陳鼎武：理由不足
2014-11-28 17:17

（吉隆坡28日訊）資本投資（ICAP，5108，主板封閉式基金組）大股東倫敦投資管理公司（City of London Investment Management）終打破沉默，以“基金認知”和“退休太久”兩大原因，向董事經理陳鼎武解釋為何否決敦姑阿都阿茲連任董事議程。
但陳鼎武認為，倫敦投資管理解釋理由不足，更點出為何相關信函只向他作出解釋，而非董事部、大馬股票交易所，甚至是3千400位基金股東？
倫敦投資管理發文告指出，根據其封閉式基金企業監管和投票政策（第9版）報告，清楚闡述封閉式基金的經驗和認識遠比對基金投資的國家或區域知識來得重要，後者是由董事部委任並發薪提供技能的經理職責。
同時，倫敦投資管理也對敦姑阿都阿茲的退休時間過長感到擔憂，因“若一位董事已退出活躍的職場生活超過5年，他就不應重新開始一個新任期。”
“倫敦投資管理相信在相關條件外的董事技能和貢獻可能脫離現有商業實踐方案，或董事部帶來長期實際增值效益。”
不過，資本投資回應稱，作為大馬第一和唯一的封閉式基金，資本投資的董事對封閉式基金有必要的認知才是合情合理的。
此外，資本投資也質疑倫敦投資管理的“活躍就業”定義，認為敦姑阿都阿茲現為大馬反貪基金會主席，也自2011年起擔任公司董事，難道還不算是“活躍就業”？
整體來說，陳鼎武對倫敦投資管理展現出的高人一等態度感到非常失望，認為“倫敦投資管理的解釋並不足、缺乏基礎和站不住腳的，股東們並無法因此作出合理的決定”。
陳鼎武是在本月17日的媒體匯報會上指出，若倫敦投資管理基金是負責任的投資者，就該向其他股東解釋為何拒絕讓敦姑阿都阿茲連任董事。
在倫敦投資管理基金的阻撓下，資本投資在上月11日舉行的股東大會中，無法通過讓敦姑阿都阿茲連任董事的議案；由於股東要求，資本投資決定暫時保留該議案，並在本月30日再次召開股東大會，第二度尋求讓敦姑阿都阿茲連任。（星洲日報／財經）


點看全文: http://biz.sinchew.com.my/node/106380?tid=7#ixzz3KRmJuj00
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I should add more loical reasons,
Currently,TTB managing 3 funds personally, one called icap Bhd, the other 2 covers world wide, according to him, they cover 40 countries.
With 24 millions fees he received from icap Bhd since 2010 -2014, he tour around the world instead of taking care the interest of icap shareholders with his sweet and pretty girl staff.
Icap board of directors are just his puppet , icap shareholders are grateful and easily fool.
Company law is interpreted as his wishes. Suka-Suka AGM resolution passed by hands voting, Suka-Suka by votes counting
You don't know when he will uses his personal capacity such as shareholders, fund manager ,or representing board of directors. Power is vested on him, TTB only. Of course, expenses incurred by him mostly will be charged and absorbed by icap Bhd
That's way, 2011 - 2014 he is underperformed .

Mr.Deepmarine,
Can you share with us when did you start to keep cash instead of investing.
From 2009,2010, 2011.... or only started recently.

Now, our shameless fund manager ,TTB not try to explain his rationale why he insists of letting Tunku Aziz bin Tunku Ibrahim re-appointment as icap director but try to stir race issue. Not just shameless but a bastard.

Tan Teng Boo has called City of London Investment Co Ltd’s explanation to why it is opposing the reappointment of icapital.biz Bhd’s director Tunku Abdul Aziz Tunku Ibrahim “ inadequate, baseless and utterly weak.”
City of London, together with Laxey Partners Ltd have announced that they will oppose the reappointment of Tunku Aziz. The two collectively hold 11.39% in the fund. The duo had submitted their proxy vote to oppose the reappointment just two days before the fund’s annual general meeting on Oct 11, 2014.
Their move was heavily criticised by Tan Teng Boo who is both the fund’s manager and a shareholder. He had questioned the timing, lack of explanation and motives of City of London and Laxey in opposing Tunku Aziz’s reappointment.

In his capacity shareholder, Tan put forward a motion to adjourned the AGM to a later date in view of City of London’s move. The adjourned AGM will be now held on Nov 30, 2014, and Tan has called for shareholders to turn out to make their votes.

He has also repeatedly asked City of London to send a representative to explain their decision despite the fact it is under no obligation to do so. Tan has suggested that it is the morally right thing to do

In a written response to Tan, City of London explained that they were opposing the reappointment because that they are concerned over the length of time since Tunku Aziz retired from active employment and his knowledge about close ended funds (CEFs) such as icapital.biz.

Tan has since reacted strongly to the explanation. Aside from referring to it as feeble, he has also chided City of London for only the letter to him and not the “entire board, Bursa Malaysia and all 3,400 shareholders.”

Addressing City of London’s explanation regarding Tunku Aziz’s position, Tan said that the issue of specific knowledge of CEFs would apply to all icapital.biz’s directors. Tan also questioned why Tunku Aziz was the only one being targeted.

He said “being the only listed closed-end fund in Malaysia, it is only logical that none of the directors of icapital.biz have requisite understanding of closed-end funds. Why is there a targeted attempt made by the foreign fund to single out Tunku Aziz? What are City of London’s ulterior motives?”

Furthermore he questioned what City of London’s definition of ‘active employment’. And pointed out that Tunku Aziz is the current president of the Malaysian Anti-Corruption Foundation and has been a director of icapital.biz Berhad since 2011.

He questioned the integrity of the foreign investment firm and said “the letter by City of London is a clear testament of the foreign fund’s lack of integrity. By giving such superficial reasons for the opposition of Resolution 4, the foreign fund makes a mockery out of the other 3,400 shareowners.”

Tan suggested that City of London was trying a repeat the attempt it made in 2012 to displace several directors and replace them with nominees of their own. He also asserted that the firm focus on Tunku Aziz is a “classic divide and rule tactic…as they know that the person in Resolution 4 (Tunku Aziz) is not popular with the Chinese investors.”

http://www.kinibiz.com/story/corporate/124816/uk-firm%E2%80%99s-explanation-over-tunku-aziz-feeble-tan-teng-boo.html?utm_source=applet_mkinicom&utm_medium=web&utm_campaign=mkinicom

MAJOR SHAREHODERS 's letter to icap Bhd was not published and announced in Bursa officially .
How come this shameless shareholders know such a letter exist?
Who actually does not have integrity ?