Posted by Johnzhang > 2021-06-23 15:44 | Report Abuse

@Contrarian,. if the privatisation for Bstead is for real , I hope the offeror is more serious to offer $1.20 as this price has been forwarded by some corporate shareholders before.

Posted by TheContrarian > 2021-06-23 15:55 | Report Abuse

The last time LTAT only wanted to offer 80 sen.

Posted by wanmohd86 > 2021-06-23 16:06 | Report Abuse

runnnn

Posted by Jnlee > 2021-06-23 16:45 | Report Abuse

Privatisation..........

Posted by Johnzhang > 2021-06-23 17:10 | Report Abuse

@TheContrarian,. If the offer is 80 sen, very difficult for them to succeed . Don't waste time then.

Posted by Johnzhang > 2021-06-23 17:16 | Report Abuse

Make more sense to privatise Bplant instead. But still no way at 80 sen.

Posted by xcu843 > 2021-06-23 17:35 | Report Abuse

Where got announcement?

Posted by Bgt 9963 > 2021-06-23 17:45 |

Post removed.Why?

Posted by Starex Trooper > 2021-06-23 18:03 | Report Abuse

This counter dont buy on rumour one

Posted by Jjkcl > 2021-06-23 18:11 | Report Abuse

good news otw

Posted by birkincollector > 2021-06-23 18:20 | Report Abuse

haha tmr AGM can ask them :-P

Posted by akmalrizal786 > 2021-06-23 18:29 | Report Abuse

today agm bos

Posted by xcu843 > 2021-06-23 18:47 | Report Abuse

Fake news

Posted by brianklc > 2021-06-23 18:47 | Report Abuse

Have Elon Musk announced already?

Posted by akmalrizal786 > 2021-06-23 18:49 | Report Abuse

brianklc annouce what

Posted by akmalrizal786 > 2021-06-23 18:49 | Report Abuse

today oil price hike maybe fly tomorrow

Posted by thanos2020 > 2021-06-23 19:33 | Report Abuse

https://www.theedgemarkets.com/article/bhic-boustead-shares-surge%C2%A0

Posted by winmal > 2021-06-23 19:35 | Report Abuse

this time LTAT will up his offer price for privatisation plan or selective capital reduction. TP RM1.20

Posted by akmalrizal786 > 2021-06-23 20:10 | Report Abuse

thanos only rumour wait announcement from ltat

Posted by limkokthye > 2021-06-23 20:20 | Report Abuse

hopefully can get good price privatisation

Posted by limkokthye > 2021-06-23 20:38 | Report Abuse

Hope can get more than 1.50

Posted by winmal > 2021-06-23 21:23 | Report Abuse

based on Subsidiaries market cap already worth more RM1.20.. reasonable offer price should be above RM1.2

Posted by Lai Peng Chin > 2021-06-23 22:31 | Report Abuse

As Bstead owns 55.83% of Pharmaniaga, which now the price is in uptrend, LTH should pay more than the previous offer.

Posted by Kristal > 2021-06-24 00:47 | Report Abuse

AGM today. Could anyone attending pls query privatization .

Posted by MichelleNg > 2021-06-24 07:12 | Report Abuse

One day show again? Won't privatize

Posted by warchest > 2021-06-24 08:22 | Report Abuse

The value is in the holding Company, Boustead Holdings owns 80 investments in listed and non-listed entities. If you break-up in parts and sell them, it could be worth more than RM3

Posted by warchest > 2021-06-24 08:25 | Report Abuse

Previous LTAT's intention was to test the market. Now they know they can't privatise Boustead at low offer price. Anything above RM1.20 is more reasonable

Posted by limkokthye > 2021-06-24 08:45 | Report Abuse

Atlease 1.80

Posted by Johnzhang > 2021-06-24 08:54 | Report Abuse

Bstead own 57.42% of Bplant. Indirect shareholdering of LTAT in Bplant thru Bstead is 34.11% (59.4% x 57.42%). LTAT has 12.1% direct holding in Bplant.
When LTAT takes 100% control of Bstead , its indirect shareholdering in Bplant will increase by whopping 23.32% and trigger MGO for bplant unless waiver is granted by SC. On what reasonable ground can SC grant the waiver without being challenged??

Posted by Johnzhang > 2021-06-24 08:54 | Report Abuse

Same MGO trigger for other listed subsidiary.

Posted by Johnzhang > 2021-06-24 08:58 | Report Abuse

Isn't it simpler to privatise Bplant first , the asset rich crown Jewel, which Bstead and LTAT collectively own 70 % . There is a lot of value in Bplant that LTAT / Bstead can take advantage of .

Posted by xcu843 > 2021-06-24 09:18 | Report Abuse

No show. Fake news

Posted by xcu843 > 2021-06-24 09:35 | Report Abuse

Ha..ha.. one day show only

Posted by limkokthye > 2021-06-24 09:42 | Report Abuse

hold tight

Posted by CCWONG > 2021-06-24 09:47 | Report Abuse

Yes, hold until achieve your goal.

Posted by Valgrovest > 2021-06-24 10:16 | Report Abuse

Profit taking today - almost whole market red ......Tomorrow resume uptrend

Posted by xcu843 > 2021-06-24 10:25 | Report Abuse

I don’t think it profit taking. Fake news on privatisation. It will go back to 0.60. Good luck who chase high

Posted by Valgrovest > 2021-06-24 10:27 | Report Abuse

With such a sudden and huge volume of transactions yesterday, I guess something is brewing !!

Posted by Asia88 > 2021-06-24 10:36 | Report Abuse

Anyone attending the AGM?

Posted by Jnlee > 2021-06-24 10:46 | Report Abuse

Tomorrow never come.....

Posted by Fundamentaler > 2021-06-24 10:51 | Report Abuse

Rebound to limit up

Posted by Fundamentaler > 2021-06-24 11:01 | Report Abuse

Pvt could be rm2 to 3

Posted by Jnlee > 2021-06-24 11:01 | Report Abuse

What time AGM

Posted by Asia88 > 2021-06-24 11:03 | Report Abuse

The AGM started in 930am and ongoing now.

Posted by Asia88 > 2021-06-24 11:03 | Report Abuse

This teoh ken san is really asking a lot question.

Posted by underthebigtree > 2021-06-24 11:04 | Report Abuse

Bstead is not aware of any privatisation by LTAT.. just now investor ask board of directors during AGM.

Posted by Asia88 > 2021-06-24 11:06 | Report Abuse

This Chairman also very good and delegating question to others instead of answering the question from shareholders.

Posted by Jnlee > 2021-06-24 11:08 | Report Abuse

Who is teoh?

Posted by Valgrovest > 2021-06-24 11:10 | Report Abuse

Thanks guys for the update from AGM. Please keep updating. TIA.

Posted by Valgrovest > 2021-06-24 11:15 | Report Abuse

Looks like the rebound quite steady. Just now all sellers at 70 sen eaten up in a few mins.