sbtan624: you may hold until 15/10/16 as full year result may announce this week. YTL may revise the offer if YTL shgare price not perform well after this. brain_wwh: I also got a msg from my dealer rgrd this, if your trading account opened under trust, they act on-behalf as trustee.
as I advise earlier, no need to fight with yeoh family, they run the business for u. they offer, u accept, win-win situation, ytl do pay dividend . if dont accept, can sell off and go to other company.
I dont think dividend will be given, absorbing back ytle is in process, they wouldnt want to make u guys feel rewarding and struggle here.
if u own the share before expired date, should be no problem
my opinion, u find the phone number for inquiry from offer document, call and ask about the offer -how long does it take -whats the ratio if u wanted exchange
We have surrendered YTL E to YTL CORP; so we got in return YTL Corp shares at rate RM 1.65 per share. Current Corp price is at RM 1.69 but our YTLE was swallowed at rate RM 0.55 per share. Still we are OK because we will get dividends at 9.5 cts per share from our new YTL corp shares. However those who bought earlier YTLE at price RM0.60 and above will have to bear a significant loss. But family of Frances Yeo will laugh all the way to the bank for getting YTLE cheap. So am I right in my analysis? Please give yr comments.
YTL Corp’s takeover offer for YTL e-Solutions has turned unconditional, after Bursa Malaysia granted several approvals to YTL Corp, which has secured a 75.7% stake in YTL e-Solutions. (Financial Daily) what does this mean?
The Offeror has not yet received sufficient acceptances to enable the Offeror to invoke the provisions of Section 222 of the Capital Markets and Services Act, 2007 (“CMSA”) to compulsorily acquire any remaining Offer Shares for which acceptances have not been received (“Compulsory Acquisition”). However, as set out in the Offer Document, if the Offer is accepted by the holders of not less than nine-tenths (9/10) in the nominal value of the Offer Shares (excluding YTL e-Solutions Shares already held by the Offeror and persons acting in concert with them as at the date of the Offer), the Offeror intends to undertake the Compulsory Acquisition. Under such situation, the Offeror will give such Dissenting Shareholders a notice in the manner prescribed by the Securities Commission, informing them of the Compulsory Acquisition.
Please refer to the enclosed press notice, which was released today by CIMB (on behalf of YTL Corp) for further details.
no leh. you see their report. if they have collected enough share of ytle. if you don't fill up and convert, then you will be holding ytle unlisted. meaning cannot trade.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
joelim17
31 posts
Posted by joelim17 > 2016-08-19 17:22 | Report Abuse
Brovo bro....give you 10 Likes..we shall do the same~ ;-)