23-Dec-2020 Insider KUMPULAN WANG PERSARAAN (DIPERBADANKAN) (a substantial shareholder) disposed 753,200 shares on 22-Dec-2020. 22-Dec-2020 Insider KUMPULAN WANG PERSARAAN (DIPERBADANKAN) (a substantial shareholder) disposed 1,000,000 shares on 21-Dec-2020.
OTHERS BOUSTEAD HOLDINGS BERHAD ("BHB" OR "COMPANY") POSSIBLE PRIVATISATION OF THE COMPANY ("PROPOSAL") BOUSTEAD HOLDINGS BERHAD
Type Announcement Subject OTHERS Description BOUSTEAD HOLDINGS BERHAD ("BHB" OR "COMPANY")
POSSIBLE PRIVATISATION OF THE COMPANY ("PROPOSAL") We refer to the announcements dated 28 May 2020, 29 May 2020, 26 June 2020, 27 July 2020, 27 August 2020, 25 September 2020, 27 October 2020 and 27 November 2020 in relation to the Proposal ("Announcements").
The Company wishes to announce that the Company had today received a press notice from Lembaga Tabung Angkatan Tentera ("LTAT") informing that there has been no material development in respect of the Proposal subsequent to the press notices issued by LTAT which have been set out in the Announcements.
As highlighted in the Announcements, the Proposal is subject to, amongst others, the finalisation of the structure of the Proposal, the requisite funding for the Proposal and the required regulatory approval(s) for the Proposal.
THE COMPANY WISHES TO HIGHLIGHT THAT, ACCORDING TO THE PRESS NOTICE ISSUED BY LTAT, THE PRESS NOTICE ISSUED BY LTAT DOES NOT AMOUNT TO A FIRM INTENTION BY LTAT TO UNDERTAKE THE PROPOSAL. ACCORDINGLY, THERE CAN BE NO CERTAINTY THAT LTAT WILL PROCEED WITH THE PROPOSAL.
Please refer to the attached press notice by LTAT for further details.
SHAREHOLDERS ARE ADVISED TO EXERCISE CAUTION AND SEEK APPROPRIATE INDEPENDENT ADVICE WHEN DEALING IN THE BHB SHARES SINCE THERE IS NO CERTAINTY THAT LTAT WILL PROCEED WITH THE PROPOSAL.
Project Bumblebee - Press notice - Monthly update (Dec).pdf - Boustead is Bumblebee? Felda is the Fallen? Felda price came back up as revenge of the Fallen?
Bumblebee! Bstead- please wake up and be the turn around story. BHP, Pharma, BPlant, Bproperties, Royal Chulan chain, BHIC, Affin Bank, UAC. Boustead you have all the right stuff
The Glic linked shareholders { KWAP, KWSP, PNB, Asb } asking for a higher Bstead { price} valuations before agreeing { support} the privatise proposal. Just my 2 sen worth reason for the announcement delay. LTAT already line up the funds and sought the regulatory approval
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....
hng33
20,491 posts
Posted by hng33 > 2020-12-21 15:08 | Report Abuse
use balance margin, bought back bsd at 62.5sen