RTO still on the cards It has been many months since news broke of S5 Holdings’ RTO (reverse takeover) of Ancom Logistics Bhd (ALB).
On whether the exercise is still on, Syed Hafiz says, “Yes, we have been quiet for quite some time but it (the RTO) is still ongoing. We are at the tail end of it and we expect to put in the Bursa [Malaysia] submission for approval on the exercise by end-April, early May.”
I would prefer slow and steady increase rather than limit up ... of cox LIMIT UP is fun but what goes up fast will go down easily when the foundation is not well built ... Its summer time now so grab you beer enjoy your ride
I suspect silver dollars berhad where majority of (dato siew's indirect stake) holdings are are disposing strongly today. No retailer/any one can keep selling this amount of volume like today. Probably he is making use of this chance to dispose of his indirect stake. So that s5 can start taking over. FYI dato siew already disposed of his direct stakes since months ago.
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....
myshare
232 posts
Posted by myshare > 2021-07-02 21:01 | Report Abuse
#break 0.40 soon