The proposed disinvestment of Affin Hwang Asset Management for RM1.417 billion which will result in RM1.055 billion disposal gain will enhance EPS further by approximately 50 sen for year ending 31/12/2022.

As this is a final dividend, it will be paid after AGM.

QR out, 12.5 sen dividend.

Borneoil has 166.67 million shares in Verde Resources initially. How much shares held today?

Verde Resources share price on 31/12/21 was USD0.0935.

QR out.

Mikecyc, why do you keep saying hurtful things about another person's mother?

40+ sen counter with dividend can try OSKVI.

Lionind reported net profit of 68.9 sen per share for latest quarter.

Mr Sslee, just ignore the hurtful comments from him.

Mr Sslee, Mikecyc giving so much attention to you, he likes you so much.

Haha, for a moment I thought Insas followed KYY into AYS.

MTD margin call sell down.

Yes, QR cantik.

Brought at 83.5 sen.

@Johnzhang, Affin is only divesting 3% of AAGI and not 20% (together with 21% of AALI). I think the portion payable to Affin is much lower, estimated RM130 million by someone somewhere. This leaves around RM470 million for MphbCap but this figure could be based on 31/12/2020 balance sheet since the estimated consideration was announced in June 2021.

https://www.axa.com/en/press/press-releases/axa-to-sell-its-insurance-operations-in-malaysia

@Sslee, no, didn't buy anything recently, was busy with CNY.

@Johnzhang, I found out that out of the RM1.29 billion, around RM690 million goes to AXA, the balance around RM600 million to MphbCap and Affin.

Leno telling us boh chow Insas all die?

Damn, got it wrong. Total consideration for the insurance units to be purchased from MphbCap and Affin are around RM600 million.

Question is at what price will the 51% stake be sold?

Yes, not bad.

QR out, 2 sen dividend proposed.

Small gold mine, share capital base too large.

Borneo Oil has gold mine.

What's the rumours?

@Johnzhang, congratulations on your gains on plantation counters. Hopefully there is good news on MphbCap soon.

Eh, what happened?

@ivan9511, already exited OSK & MNRB last year.

Not yet, EGM yet to convene.

18 sen special dividend/capital repayment.

Be patient and wait 3 years.

Kazakhstan supports Russia.

Why today BJLand up?

@ivan9511, happy CNY and best wishes to your stock selections.

Go, go, go Affin.

Son will expire in 6 months, way out of money.

Brent hit USD 93.

Brent is now USD 92.42

Next week Brent goes to USD100, Reach goes to .......

Flying to the moon?

Mikecyc, what are your 4 stock recommendations?

Mikecyc, you have any stock recommendation?

Why this useless stock isn't falling?

Michael Kwok born in 1978, started investing in 1993? 15 years old can buy shares?

Last price sold 2.05, bought back first batch at 1.80, second batch at 1.77.

If drop to 1.62, will buy again.

Bought at 1.77.

Will buy back more.