This kind of price action... reminds me of last year.. lim hock heng disposed of 5% stake... seems like his son lim jun chiat is doing the same thing again....
Downside risks Rto aborted but listing status still there valuable enough to entice a few suitors to chase for back door listing. Bear in mind ancomlb wt non core biz need to submit regularisation plan as it trigger bursa 8.03A rule. So utmost important for Ancom major holder to rope in another co for rto. Dip good chance to add as rto is the only way for ancomlb if not wt s5 definitely wt plenty of Co s waiting to take over the listing status
Similar price action as last year. Regional indices sharp rise, ancomlb get sold down by lim. Regional indices weak, ancomlb get sold down even harder. Double whammy. This is just my observations for now.
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Investing_Bursa
2,511 posts
Posted by Investing_Bursa > 2022-02-14 16:10 | Report Abuse
Volume so low. Apa takut la