RM3.12 - RM5.00 per share

good company to move capital after mmccorp privatization...

If TanSri GO at rm1.80, memang we kena kaw2 lah. He knows his NTA is way higher, why share with all of us?

All those market cap slashed from serbadk should come this way lah..

Buy the dip..

Buy and hold for the dividend.

Not for day traders. good for investors.

Dont sell yet. Still deeply undervalued stock..

Maybe investors are excited about the Ativa launching last night.

Another cheap good value dividend stock is ofcourse MBMR, proxy of Perodua..buy for long term pass down to your kids.

Ditanya mengenai pembangunan kereta elektrik (EV), Zainal Abidin berkata, Perodua akan melihat objektifnya dari segi alam sekitar atau teknologi terlebih dahulu berdasarkan perkembangan sektor automotif negara.

Beliau menjelaskan, perkara itu akan dibincangkan dengan kerajaan memandangkan ia memerlukan ekosistem khusus serta hala tuju yang betul

https://www.hmetro.com.my/node/677871/amp

I would agree with that. I think at one point, they will pivot to EV instead of just EEV. Just need our gov to wake up and embrace EV

MTD Capital requests MTD ACPI undertake cash repayment of 28c a share

KUALA LUMPUR: MTD Capital Bhd, the controlling shareholder of MTD ACPI, has requested the latter undertake a selective capital reduction and repayment exercise under its proposed privatisation exercise.

In a statement to Bursa Malaysia on Monday, it said the proposed SCR entails a selective capital reduction and a capital repayment of 28 sen for each share in MTD ACPI.

This will apply to all MTD ACPI shareholders except MTD Capital and the persons acting in concert with them.

Tan Sri Dr Nik Hussain Abdul Rahman, who indirectly holds the entire stake in MTD Capital, and his children’s shareholdings in Nikvest Sdn Bhd are deemed the ultimate offeror for the proposed SCR. They control 67.8% or 156.56 million shares.

The Board of Directors of MTD ACPI (“Board”) wishes to announce that the Company has today received a letter from its controlling shareholder, MTD Capital Bhd (“MTD Capital” or “Offeror”), requesting the Company to undertake a selective capital reduction and repayment exercise pursuant to Section 116 of the Companies Act 2016 ("SCR Offer Letter").



The Proposed SCR entails a selective capital reduction and a corresponding capital repayment of a proposed cash amount of RM0.28 for each ordinary share in MTD ACPI held by all the shareholders of MTD ACPI (other than MTD Capital and the persons acting in concert with them) whose names appear in the Record of Depositors of MTD ACPI as at the close of business on an entitlement date to be determined and announced later by the Board.