Posted by Diamond7 > 2024-07-21 16:09 | Report Abuse

On July 24, OCBC will likely be announcing that GEH shareholders can still accept the offer at $25.60 per share and this offer will be open for three months from July 24.

There is still hope that after the kuchai SBagan swap deal...

SBagan can still sell the Great Eastern shares to OCBC within the three months

Posted by dompeilee > 2024-07-31 17:34 | Report Abuse

Great Eastern, though suspended, has announced a fantastic set of results & an improved dividend of 45c per share payable in a month, so I believe the two sister companies should benefit.

Posted by dompeilee > 2024-08-01 10:03 | Report Abuse

SOLD 1 lot @ $6.34 to secure my 992nd consecutive capital gain day since July 29th 2020!🤗

Posted by calvintaneng > 2024-08-03 00:41 | Report Abuse

Poor dompeilei got tunnel vision
She CANNOT see Value in TSH RESOURCES

UNDERSTANDING DIFFERENT FORMS OF VALUE IN VALUE INVESTING, Calvin Tan

https://klse.i3investor.com/web/blog/detail/www.eaglevisioninvest.com/2024-08-03-story-h-155170407-UNDERSTANDING_DIFFERENT_FORMS_OF_VALUE_IN_VALUE_INVESTING_Calvin_Tan

Posted by Diamond7 > 2024-08-04 13:20 | Report Abuse

KUALA LUMPUR (June 26): The cut-off date for the proposed disposal of Kuchai Development Bhd’s (KL:KUCHAI) assets and liabilities to Sungei Bagan Rubber Company (KL:SBAGAN) in return for a 29.37% stake in Sungei Bagan has been extended by four months to October 29.

The two companies on Wednesday signed a supplemental letter for the extension, according to Kuchai and Sungei Bagan's filings with the stock exchange, which did not specify the reason for the extension.

Posted by Diamond7 > 2024-08-04 13:22 | Report Abuse

This swap benefits SBagan...
Time will tell!

Posted by Ovantage > 2024-08-13 11:24 | Report Abuse

Delisted share maybe big problem for sg Bagan, I still holding shares of Ytl land, nstp just to name a few..no dividends even annual report for delisted Share holders.

Posted by Ovantage > 2024-08-13 11:25 | Report Abuse

Hope this don’t happen to sbagan.. else it’s upto Ocbc to declare how much dividends to shareholders if any..

Posted by Ovantage > 2024-08-13 11:26 | Report Abuse

Since not listed, can have flexibility to do anything they want

Posted by AhPek > 2024-08-13 17:51 | Report Abuse

Sg Bagan got💪💪💪. Don't think OCBC can bully them.

Posted by Ovantage > 2024-08-13 20:55 | Report Abuse

Don’t think so.. only 1 % holding in geh.. upto to people to fish meat.

Posted by AhPek > 1 month ago | Report Abuse

The swap has been sealed. Just wait for the cut-off date. Good for Sg Bagan's shareholders.

Posted by multi530 > 1 month ago | Report Abuse

wondering SBagan to sale Great Eastern or not.

Posted by multi530 > 1 month ago | Report Abuse

if not, share price may be stand above RM6

Posted by AhPek > 1 month ago | Report Abuse

Hope they sell and distribute to shareholders.

Posted by Diamond7 > 1 month ago | Report Abuse

I hope the great Eastern deal will go through too!
Let's wait patiently..!

Anyway
The swap with kuchai oso excellent!!!

Posted by Diamond7 > 1 month ago | Report Abuse

Hopefully after this exercise
SBagan will have implement some cooperate exercise to energise this stock!

Posted by taitaumau > 1 month ago | Report Abuse

Ref. SB 4Q report (ending 30/6/24) released on 28/8/24
As in the past, GE shares are classified as investment under non-current assets.
So, may i assume that SB has no intention to dispose of the shares within 1 year ?
Any possibility that the shares be re-classified as current assets b4 auditor sign off his report ? ? ?

Posted by multi530 > 1 month ago | Report Abuse

dont worry too much, Annual reports is going to announce soon, just watch out.

Posted by mf > 1 month ago | Report Abuse

IDF eliminates Hezbollah's Suhail Hussein Husseini, commander of terror group's headquarters
Story by JERUSALEM POST STAFF • 1h • 1 min read

Posted by Diamond7 > 1 month ago | Report Abuse

What will happen to SBagan after the swap?
Will they sell the great Eastern shares to OCBC ?

Posted by Ahthau > 1 month ago | Report Abuse

Any dividend declare this few days ?

Posted by Diamond7 > 1 month ago | Report Abuse

SBagan is cash rich!
Think the dividend yield will be good!

Posted by dompeilee > 1 month ago | Report Abuse

Disappointing dividend of 8c...less than 1.4% yield. My original stake already > DOUBLED so I'll hang on to as many shares as possible while awaiting my stake in Kuchai to give me more! Kuchai itself stands to receive $2.14 mil cash.

Posted by Diamond7 > 3 weeks ago | Report Abuse

SINGAPORE (Oct 22): Great Eastern now has till Jan 24, 2025 to comply with the free float rule. The extension was announced on Monday, two days before the company’s previous deadline of Oct 23.

On Aug 2, Great Eastern said it had received approval from the Singapore Exchange Securities Trading that it had until Wednesday to explore options to restore its public float. The trading of shares in Great Eastern was suspended from 9am on July 15.

The company lost its free float on June 14, when offeror Oversea-Chinese Banking Corporation (OCBC) received 1.48 million shares — or 0.31% acceptances from shareholders — taking the bank’s total stake to 90.16%..

Still got HOPE!!!