No Date of change No of securities Type of Transaction Nature of Interest 1 27 Dec 2019 250,000 Acquired Indirect Interest 2 30 Dec 2019 100,000 Acquired Indirect Interest
Indirect/deemed interest (units) 122,753,931 Indirect/deemed interest (%) 62.488 Total no of securities after change 122,753,931 Date of notice 31 Dec 2019 Date notice received by Listed Issuer 31 Dec 2019
~ Not only share-buy-back ... he himself also want to enjoy privately ......
Date of buy back 02 Jan 2020 Description of shares purchased Ordinary shares Currency Malaysian Ringgit (MYR) Total number of shares purchased (units) 130,000 Minimum price paid for each share purchased ($$) 1.030 Maximum price paid for each share purchased ($$) 1.040 Total consideration paid ($$) 134,731.24 Number of shares purchased retained in treasury (units) 130,000 Number of shares purchased which are proposed to be cancelled (units) 0 Cumulative net outstanding treasury shares as at to-date (units) 23,594,053 Adjusted issued capital after cancellation (no. of shares) (units) 2,095,300,220 Total number of shares purchased and/or held as treasury shares against total number of issued shares of the listed issuer (%) 1.12605
~ See properly! Now only bought back 1.126% .... if he wants, there is still a lot he can buy! ~ Worry of 10% limit, really doesn't make sense!
Its not a matter of sense, 50m dividend is not even enough to buy back the max limit of shares, after SBB what else can OLH do? If share price still languish at 1 to 1.05..........even if he uses his privately held investment vehicle to mop up excess shares, this will becomes a technical problem if his private investment vehicle had trigger a certain % , olh will have to launch a general offer to take over rest of outstanding shares.
SBB is nothing do will dividend received from RHB la ... go and check the cash flow statement, how much cash and cash equivalent OSK has ... how much SBB he affords to buy if he wants ....
I have a question on warrant WC. If the premium is still higher than mother share price during expiry date, means not a single warrant will be converted to mother share (all burnt), right?
The joint bid of OSKH and Marubeni for LSS3 was not successful. I think this news is neutral, as recent solar-related companies can hardly earn any money yet.
it is good news. frees up OSK's capital requirement.
plus in malaysia, where electricity rate is so cheap, it is hard to see how solar power generation can be profitable without incentive from government.
malaysia is kinda weird a location... we should be building dams for hydro and as water catchment area.
IanQ, yes. The eligible campanies in 2020 for stamp duty exemption refers to those with market capitalization ranging between RM200mil to RM2B as at 31.12.2019.
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....
TheContrarian
9,495 posts
Posted by TheContrarian > 2019-12-29 16:41 | Report Abuse
Better to make 40% than 10%.