Just that I'm posting facts and quoting the rules. so he said rules are rules dun twist, but he's twisting the rules/facts himself thinking he's on top of everything.

lol kesian you. mark my words, if there's a deal, then there's MGO and you will be paid the same price as the major shareholders received. if i'm not right, i run nekkid in klcc. you wanna bet? hehehe.....

brian, really feel very sorry for you if you feel we do not know what triggers MGO? LOL, suggest you take a read on the code before you make yourself silly again. if you want to be spoonfed sure. (i) when you obtain control, 50% + 1 share (ii) when you and your PACs cross 33% and (iii) 2% creeping provision within 6 months. understand mou? feel terribly sorry for you, want to act smart but shooting your own foot.

John, thank you. I rest my case, talking to cow is better than talking to him. LOL. really give up.

6.03 Offer price (pg 48)
(1) The offer price in a mandatory take-over offer must not be less than the highest price (excluding stamp duty and commission) paid or agreed to be paid by the offeror or persons acting in concert for any voting shares or voting rights to which the take-over offer relates, during the offer period and within six months prior to the beginning of the offer period.

(2) The offer price in a voluntary take-over offer must not be less than the highest price (excluding stamp duty and commission) paid or agreed to be paid by the offeror or persons acting in concert for any voting shares or voting rights to which the take-over offer relates, during the offer period and within three months prior to the beginning of the offer period.

Source: https://www.sc.com.my/api/documentms/download.ashx?id=1a35c9c1-0051-4a94-bec9-02060e8e6792

Basically para 6.03(1) and (2) are the same except for the 6 months and 3 months period for MGO and VGO, respectively. Please learn on how to read on the definition of offer price.

Meanwhile, if the 3rd party negotiates on the block from the 2 largest shareholders then they will invoke GO the moment they ink the SSA (announcement will come out on the same day). This immediately trigger the MGO already.

Want to scold you but I sked you kennot take it since you have a big ego fragile heart. Best to simpan a bit if you are only purely speculating and spewing out some nonsense. Is okay to admit you are wrong, nothing to shy about something you are not so sure. We do cf, we know our shit okay? But one thing I gotta agree with you, rules are rules, not up to us to twist, so you dun twist further alright? You are wrong about the price that the offeror gotta pay to the minority offeree. I repeat, this price gotta be at least the same price as the price they paid to the Vendors.

LOL oklah, you wanna hao lian win everything pls go ahead lah. i keep it to myself.
in the end, wish everyone best of luck.

lol, you're the one who is doing the cherry pick, why are you singling out LTAT? Are they the single largest shareholder or the controlling shareholder of BPlant? Unless you are talking about it and its PACs, but there's no such statement from you, and you are the one who are doing the cherry picking. common sense lah, why the acquiror wanna buy the LTAT block instead of the other single largest shareholder? amen.

brian, May u rest in peace… Amen

brian, didnt know have to spoonfeed you like a baby. you may see para 6.03 of the Code on the offer price. need to teach you any other thing on the take-over code?

but the good thing is you have got a pretty good entry price, congratulations in advance.

brian, GO price must not be lower than the share sale price. must be at least equal to the price they buy from the major shareholder(s). it's in the guidelines. i don't spoonfeed my juniors in the bank. and i don't think you're a junior. you always talk like you're a senior. anyway, i rest my case here and will not divulge anything else on the matter. thank you all.

brian, thought you really very geng, GO rules also needs to be spoonfed. anyway, pls refer to rule 4 of the Code. pls see notes also if you need further explanation to understand.