any idea why so much share buyback?

relax. it will create a new high today, linger around few days, create another new high, linger another few days... trend goes on till solid rumors come.

dun know how true it is. If that's the case, is it considered as acquisition for Sona?

We expect RHP to announce the results of the Zircon-1 well next week as well as the spudding of the exploration well Klagalo-1 in 4Q13. Subject to oil finds, additional appraisal wells may be drilled in the Zircon and Koi prospects this quarter. Additional catalysts would be: i) the signing of new PSCs in Myanmar/Asean region, ii) approval to commence production in Fuyu-1 in China, and potentially iii) news of exploration and production (E&P) players like Sona Petroleum (SONA MK, NR) or Rex International (REXI SP, NR) acquiring a stake in RHP.

finally broke 1.41... more to come hopefully.

well said

if they can produce a decent 2nd quarter report, would be a good buy. company turning losses to profits, not high PE. Avoid playing contra, keep for medium term.

The Board of Directors of Tambun Indah Land Berhad ("Tambun Indah” or the "Company”) is pleased to announce that the shareholders of Tambun Indah have approved the ordinary resolution in connection with the Proposed Dividend Reinvestment Scheme which was tabled at the Company’s Extraordinary General Meeting today.

Can anyone explain how does Dividend Reinvestment Scheme works? Thanks.