Morning all. Yesterday was past. Let's move on today.

Can somebody update the news from yesterday and what is the next contingency plan?

ocncash, kalau saya tahu, I tak beli kaunter ni. Sampai esok pun tak akan jalan.

multi530, as long the company didn't delist, price 38 above positive?

multi530, roughly when will be the second round? Mind asking?

So how PeterNg, can you elaborate the details of the meeting today?

我可以讲中文的马来人

time to runnnn...

我没去。必须等待出席股东周年大会的人士回覆。

Wuzy, no, I didn't make it.

Daily8, give a chance lah...

how come these people can give this kind of fake information? So disgraceful

Yippy68, give Yingchai a break lah. We are here for profits after all.

Take care of each other lor

Wuzy?

Can somebody give the real infor???

free2rhyme0628 latest update: confirm delist already

Sigh~~~! Simon2020, Penguindad, stockraider, Our fight is going down the drain :(((((((((((( CRY

how come???

I called WEIL HOTEL. NO lunch in AGM.

Whose job in Harbour?

Hovid meeting started at 10.30am till 1.30pm.
Can somebody update?

Time to get in this ship

AFTER election? wah.....u just give me goosebumps.

Why OCNCASH always like this? Like wanna go but cannot go?

Looks like q for Hovid at 38 cents enlarged.

Good morning. HOVID AGM today. Hope to have updates from you guys, thank you.

lai lai

Looks like queue is building up at 375. Tentatively, 38 buyers are coming in.

orangbaru77, how you know Iris will get involved??? Where you got the news? Please verify.

bleuerouge, good if can settle that price. Wish I have collected more.

In Kampar, so far.

thesteward, this is very hard to say. Panpage is a very defensive stock. Every movement is controlled well.

Today, will Kgroup attract more buyers?

Chean Yeh, no connection between DGSB and DGB. Both around the same price before, maybe ?

Today look like a good day for DGSB. Buyers are coming in heavy

simon2020,

Question is everyone know offer is finalat 38 cents. Who will want to buy higher UNLESS David Ho and Astoria themselves???

CORRECT!

DON'T SELL! JANGAN JUAL! 不要卖 !

Syndicates

HSS cannot make purchase higher than 38sen lah, if he do so he must adjust his offer price to the highest price he purchased, this is rule. you can refer back to JOHAN's recent takeover offer. unless he assign proxy to buy. and 57.1million of shares is equal to 571,000 lot of shares. Do you think there's 571k lot of shares on selling queue right now?

Why HSS want to revise condition to 67% not 60% 70%, it's because if he convert warrant he owned prior to this offer.

Your comment MAKES SO MUCH SENSE TOO. GIVE ME SHIVER NOW. THINKING....

I doubt HSS will sell at 45 cts. The greater amount he need to folk out is tremendous. But is he willing in order to delist?

He put so much into this inventory and no question he will want the delisting, a SUCCESS. Am I right?

I am not asking much. A mere 42 cents price, I will be happy ord.

>>>DAY 9 market (INCLUDING XMAS AND SAT/SUN)BEFORE 29TH DEC

Daily8,

Frankly speaking, most of us here are unhappy with JO price. 38 cents is too low. We are anticipating a better price on the last few days looking at the amount shares he will garnet from the market.

from simon2020,
assuming
Conversion is 1 HOVID-WB for 1 HOVID @ RM0.18

Total of HOVID & HOVID-WB is 1,143,120,429
If HSS convert all HOVID-WB held to HOVID and the % is,
=65.24%"

67%-62% ( Hafid now its 62% level of acceptance. if it reaches 67% the company will start paying those shareholders that have accepted the 38 cts offer. )

Left another 5%

simon2020,
"1% of Hovid is approximately 10 millions shares, so in order to obtain 5% to reach 67%, HSS needs 50 million shares. The daily open market purchase by HSS ranges from 0.958 to 3.70 million shares.

With 9 market days left to 29 Dec., HSS needs to race to collect at least 5.56 million shares daily to achieve it. The fastest way to obtain the 5% shares outstanding, is to increase the open market purchase price above 38 sens. This is cheaper than making a general share price increase (Offer Price) for 67% (target) - 33.72% (HSS original shares) = 33.28% (public shares)."

SUMMARY: BRAIN STORMING
WILL JO BUY AT HIGHER PRICE???????????

Penguindad, by 67% achieved by JO, then it will be unconditional.

We all need to surrender our shares right?

For those who want to withdraw the acceptance, this is the address:-

Tricor Investor & Issuing House Services Sdn. Bhd. KL
Mon- Fri (9pm to 6pm)
Phone: 03-27839275
Person in-charged: Ms Rachel Chua / Mr Jake Too

Documents required:
1. Formal letter to withdraw the acceptance offer by JO. Original letter need to send to TRICOR
2. You can email a copy first in advance. (Original still be required)
3. Another additional letter (copy by Tricor) needed to sign and send together with your physical letter.

When offers become unconditional, Hovid need to return back the shares right? Unfortunately, the waiting time for the returns is long.

I hope we see the open market will give a better price for Hovid, and JO will be buying to accumulate more.

Simon2020, after reading your explanation supported by the regulation on PART C, I must thank you with a hug. Due to the strenuous amount of time and money being invested in Hovid, the JO need to act fast to acquire the shares in a duration of les s than 15 days. They need to omit Saturday and Sunday too. I wish Hovid a very good luck provided an offer of 45 cents, I’ll definitely shake my hands with you.

1)38 is their final price. They will not UP the price anymore.
2) another is only 5.71% to reach their 67% goal

How much shares represented by 5.71% please? Someone?

Expected price to rest at 26

Kgroup need to go higher. every week by 2 cents is possible.

simon2020, what do you think now?

Yes hoplanner...not far

HUH, they have reduced the holding acceptance to 67% (as final acceptance condition)

Looks like they're not redo/ increase the price.

Thats sad!

We refer to the announcements dated 9 October 2017, 30 October 2017, 9 November 2017, 17 November 2017, 20 November 2017, 22 November 2017, 23 November 2017, 4 December 2017 and 5 December 2017 in relation to the Offer.



We wish to announce that Hovid has received the Press Notice from CIMB Investment Bank Berhad, on behalf of the Joint Offerors informing that the Acceptance Condition for the Offer has been revised to the condition that:



The Joint Offerors receive, on or before the Final Closing Date, acceptances by the Holders of the Offer Shares, which will result in the Joint Offerors holding in aggregate (together with such Shares that are already acquired, held or entitled to be acquired or held by the Joint Offerors) at least 67% of the total Shares (“Final Acceptance Condition”).



A notice of the Final Acceptance Condition will be despatched to Holders on 15 December 2017.



For the avoidance of doubt, the closing time and date for the acceptance of the Offer will remain on the Final Closing Date, i.e., 5.00 p.m. (Malaysian time) on 29 December 2017, being 14 days from the date of the posting of the Final Notice of Revision. Save for the Final Acceptance Condition and the Final Closing Date, all other details and the terms and conditions of the Offer remain unchanged.



In accordance with Paragraph 13.01 of the Rules, the detailed disclosure on the level of acceptances of the Offer as at 5.00 p.m. (Malaysian time) on Thursday, 14 December 2017 is set out in the Press Notice.



This announcement is dated 14 December 2017.