We will see a good 3 mths rally of ancomlb as the countdown to the 3mths dateline ...in btw there might some yo yo pattern but up trend wil b intact as long announcement not yet out...Risks is aborted deal...otherwise price wil cont run up
In July last year, the group announced a restructuring exercise that would see ALB's logistics business moved to Nylex. Following that, an immigration technology company S5 Holdings Inc would be injected into ALB. S5 is an integrated security IT solutions company to the government. It is mainly involved in the provision of security technology, intellectual property as well as the development and customisation of solutions and systems, consultancy and support in all related information technology and security industries. This corporate exercise is still ongoing and has yet to be completed.
Ytday Ancom announced completion of take over Nylex biz which triggered Bursa Rule 8.03A which Nylex is now wtout core biz n has 12 mths to submit regularisation plan. Ancom group restructuring plan ...Ancom take over Nylex biz...Nylex take over Ancomlb biz...paving way for S5 & Ancomlb RTO
As mentioned in the edge today page 16 S5 RTO is still on with extended period of 3 months, Mr Lee mentioned that other parties also keen and knocking on the door for back door listing
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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....
Investing_Bursa
2,487 posts
Posted by Investing_Bursa > 2022-01-26 12:05 | Report Abuse
Steady steady