If FDI from South Korea and Japan for the chemical and petrochemical l, the ideal industry zone located at Pengerang..

https://www.sinarharian.com.my/article/220907/bisnes/na/johor-bakal-terima-pelaburan-dari-as-uk-jepun-korea-selatan?utm_source=Newswav&utm_medium=Website

Landbanks @ Gombak, Penang, Pengerang, and flamingo hotels/plaza at KL/Penang..valuations easily surpass >RM3-4bil combine with current cash & receivables, hostile takeover make alot sense..

Ignore, is a spam.

Confirmed, 5 cen, ex date mid sept..

Let's cheers for our first dividend from MPHB !

As of now, buyer bidding 1.49 but no one wanted to sell... Ini kalilah MPHB! Hope you roar like a dragon soon~~~

Like John Zhang said, SA will be uncomfortable if there are take over attempt with glaring undervalued properties and cash.

Right now MPHB is protected by central bank, any attempt to hold aggregate 5% / 10% need MOF approval. After SPA completion, they no longer a financial holding company, technically AFTER spa, Generali holding co can buy 66% mphb shares not own by SA, the cash and undervalued assets will allow them to recoup entire purchase consideration paid for insurance.

Alternative scenario, is Johor powerful figure wanted Pengerang land, buy up 66% of share..take over control, approve selling of Pengerang land.. merely paying RM1.5 per share now can share 66% of total Pengerang land that worth few billions

Yay!! SPA conditions all MET!!!

Among the major Thai's national shareholder accumulated since 2013-2021, I remember I saw one is a old man in fancy big car,
also some was on boat fishing with SA, those days Facebook privacy not stringent..

Close network with privilege info hold the share so long for only rm2 - rm2.4 exit feels like "SA, I believe in you for 10 yes only for 100% gain?"

I only wish SA feel the pressure to answer to his old friends ...

Wow, youwin, the moment you said it, immediately MPHB made an announcement Bursa rejected the waiver.

Things will get more exciting once condition to SPA fulfilled and completed. Bank Negara disallow an individual holding more than 5% of aggregate shares of a license insurance. I guess this could be the reason 2020 SA unable to buy the dip if he has intention to privatise.

In order for him to make any move, the sales has to be completed asap.

If they convert those idle to productive assets, price at 1.47 is a huge bargain

New director appointment, Ms Ng, law expert in property space is promising. Hope mandate for her is to develop/unlock land and commercial properties value..

35 minutes more IDSS seller to buyback .. at current price they are losing.

Dompeilee, happy you adopted a right profit strategy. This is my costly value trap lesson, I really didn't expect a share can stay at IPO price for decade despite multi assets disposals. =) Anything possible in stock trading.

Aiksss, I too excited thought today 27 July dy.. thanks Goh...

Good Morning friends, anyone attending today EGM? Mind to share the update later here. Thanks.

IPO anniversaries on May 2023.. I will hold till then, hope can proudly show my 10 year achievement in MPHB cap. In time of inflations and devaluations in ringgits, there could be buyer for these large lands owned by mphb..

At age 73, i hope he doing the right thing to leave himself a good reputation.. if he is formulating a strategy to screw us the long term shareholder, indirectly he is screwing the Thai's relatives and friends that invested for so many years..

Even better if drop to 0.45... sell underwear buy buy buy..

Disposal of insurance business is a capital gain, not subject to tax.

From AM investment announcements, do the rm982.44mil proforma cash and securities inclusive of liquidations of Nomura-I fund?

EGM will need to grill them properly what do they meant by earmark rm46.50mil to prepare the lands.. if it is fees to convert pengerang land from agriculture to industrial, its definitely a plus points.

Thanks John and Contrarion, yes top 30 shareholder holding 75%, these are institutional investor, connected parties, corporate that not going to trade the shares daily, only 25% left arent much floating shares available, fund managers not allowed
to buy in if shares are illiquid, daily price easy to manipulate assuming 75% are not going to do anything, and long term investor like us also will not release the share..

I do not believe any Boards in this world have no plans and simply sell core business first, decide what to do with the proceeds later. Floating shares are small as major shareholder controled 75% of shares, it is very easy for some deep pocket to manipulate share price as his wish to trap retails like us to give up our shares at small profit. But to be honest, I am also disappointed with the lack of solid direction by management since ipo till now.. if I'm fund manager, I will not be excited to take position too.

Substantial dividend very much likely, individuals connected to Tan Sri building up their position every years, I don't believe they buy in because they trust in CEO's" business visions"... As long MPHB still a financial holding co, they will be careful in their announcement especially announcement on dividends to avoid triggering Bank Negara unnecessary attention.