edgesays, ltat decided to take boustead private, offer price more than 90 sen and maybe even more than RM1. BPLANT (57.42%), risen 75% since 28 May PHARMA (55.93%), more than doubled since 28 May Affin (20.73%), risen 11% since 28 May
maybank adviser ltat, affin hwang adviser boustead. ltat confirmed discussion of scr selective capital reduction but said preliminary and may not even go ahead. 3 weeks left, still preliminary, y?
boustead said looking at it very carefully. i think edge we can trust. steady punpipi. monday gap up to 730 or 790. thecontrarian fatt tat. condom004 buy 400 lots or 004 lots?
LTAT definitely wants to privatise Boustead, they have even already obtained Bank Negara's approval (because Boustead has interest in Affin Bank). The delay is obtaining funding. But as a result of delay the market prices of some of Boustead's subsidiaries and associated companies have gone up significantly requiring the revision upwards of the earlier proposed offer price. CNY ang pow coming.
JP Morgang Directors have a emergency meeting just now....Insider news...they will use all fund in Malaysia to buy back all shares number they shorted..... they need to cut losss.....congrats all you all win already.....
JP Morgang Directors have a emergency meeting just now....Insider news...they will use all fund in Malaysia to buy back all shares number they shorted..... they need to cut losss.....congrats all you all win already.....
Boustead rich in assets. Sold their Royal Chulan Hotel, Bukit Bintang KL to Royal Hotel, Singapore for 174 MYR. Their Hotel chain built at prime locations { KL, PJ and Penang } Not forgetting other prime assets { UAC, BHP petroleum, BPlant actions, Affin banking group, BHIC fabrication yard , Mytown, 1Cochrane, Mutiara Rini} Serba paid Petronas 320 million for thier Ramunia shipyard. Work out the figs literally
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....
Plantermen
2,240 posts
Posted by Plantermen > 2021-01-13 22:45 | Report Abuse
Dr Yu { a low profile but shrewd investor } who single handedly take on Quek leng Chan { HL} proposal to privatise their unit