It's ownership of Inari alone is valued at RM1.26. That's not including Ho Hup and SYF.

It took more than a month for Can One to announce KYY's substantial shareholding to Bursa.

Koon Yew Yin was already a substantial shareholder before 10 Mar 16 based on the FY16 annual report. Unfortunately for us, he probably accumulated the shares at between RM3.40 to RM3.80 during the first week of Mar 16 when the market tanked.

yes, looks like the price drop is correlated to the special and final dividend pay out of 12 sen in Sep 15. (40 sen less 12 sen div = 28sen)

More importantly, 1st and 2nd qtr results for FY2016 have improved compared to the previous FY yr qtrs. So things look hopeful.

RCE declared and paid a special and final dividend of 105%(10.5 sen) and 15%(1.5 sen) respectively in Sep 15. There will be a capital repayment of 7.5 sen in the future. Looks like funding for special and final div was from internal funds as gearing level has been reducing annually.

Capital repayment of 7.5 sen coming soon. Par value per share to be reduced from 10 sen to 2.5 sen.

correction - 10.5sen already pd out.

The cash distribution for the capital repayment will be funded via RCE's internal funds not borrowings. In addition, RCE has proposed a dividend of 10.5 sen per share for the quarter. - All quoted frm The Edge Markets.