Posted by SinGor > 2015-04-16 19:34 | Report Abuse

Selldown--Dividend Ex-date

Posted by Winwin8888 > 2015-04-17 10:40 | Report Abuse

Today lepas egm must Up. Big big new comming .

Posted by Walao > 2015-04-17 12:24 | Report Abuse

Anyone attend AGM? Please share the updates. Thanks

Posted by CrossSymbol > 2015-04-17 13:11 | Report Abuse

Just added some at 2.10 before agm! Wait for good news on AGM later!

Posted by pgboy88 > 2015-04-17 13:30 | Report Abuse

Bad news....

Posted by Walao > 2015-04-17 14:03 | Report Abuse

What bad news?

Posted by pkhua1989 > 2015-04-17 14:13 | Report Abuse

what happen?

Posted by hanting999 > 2015-04-17 15:38 | Report Abuse

That's it. Nothing happened.

Posted by SinGor > 2015-04-17 16:10 | Report Abuse

Merger NOT approved by SC yet. But Tan Sri is confident it will be approved bcos it
involved 3 constructions companies (nothing special). Why merger bcos OSKH is too
cash rich and will become P17 companies

Posted by SinGor > 2015-04-17 16:32 | Report Abuse

Shareholders are pressuring OLH on why Oskh's shares price is always undervalue.
He seems dumbfold. So let see what will happen next week.

Posted by hanting999 > 2015-04-17 16:40 | Report Abuse

Is he putting on an act? Thanks, SinGor, for all the update.

Posted by SinGor > 2015-04-17 16:54 | Report Abuse

Yes, he also mention OskH's gearing is 0.14% (mean zero anyway) So if OskH closed down
Shareholder will get 4 billions ( cash & asset )

Posted by flysky > 2015-04-17 17:08 | Report Abuse

anything else he mentioned about the merger?

Posted by SinGor > 2015-04-17 17:19 | Report Abuse

flysky. No much. Just said it is still pending but confident it will be approved. Merger is not
of national interest ( cimb/rhb/mbsb) Just between construction companies.

Posted by CrossSymbol > 2015-04-17 17:21 | Report Abuse

Yes. Merger or not its just a matter of time. Buy when it's low and keep it its the best for now. Just added in quite a lot at 2.10 too!

Posted by hanting999 > 2015-04-17 17:26 | Report Abuse

Not just of national interests or just between construction companies! Come on: we have guardian angels to make sure you don't rob the poor to become rich.

Posted by SinGor > 2015-04-17 17:41 | Report Abuse

" just between construction co" is what he said ( the rest are from me -- I think this is what
he meant ) Robbing the poor to become rich is NOT mention. All he said whether OskP
& PJD shareholders want to convert or not is up to them. He is taking his shares back
to OskH bcos he is Afraid OskH will listed as P17 co.

Posted by flysky > 2015-04-17 17:42 | Report Abuse

SinGor , thanks for the update. In fact, I am interested when it can merge with osk prop and pjdev

Posted by flysky > 2015-04-17 17:50 | Report Abuse

SinGor, so long the RHB biz still there....why would it change to PN17?

Posted by babu > 2015-04-17 18:03 | Report Abuse

It is a no brainer that injecting OSKProp and PJDev into OSKHoldings is in the long term interest of all shareholders. Question is whether any spanners will be thrown into this straightforward positive and prudent step initiated by OLH ......... let's wait and see, patience is key here !

Posted by SinGor > 2015-04-17 18:30 | Report Abuse

flysky. OSKH is a money lender / little construction co / a asset holder (Rhb cap ). No
core biz ( but a lot money--all in all 4 billions ) No core biz will be listed by bursa as PN17 co.
In 6 months if no changes--it will be delisted

Posted by SinGor > 2015-04-17 18:38 | Report Abuse

All in all, shareholders want to know whether the Merger is abandon or Not. The answer
is sufficient and rather solid( not to be P17 co) So come Monday, maybe some firework.

Posted by CrossSymbol > 2015-04-17 19:08 | Report Abuse

What does your firework means singor? Haha

Posted by SinGor > 2015-04-17 19:19 | Report Abuse

CrossSymbol. Many punters will start buying again.( maybe OLH also) Those stucked will
celebrate bcos they know OLH will not abandon the merger. (very compelling reason--PN17)
However OskP & PJD shareholders will be very upset ( don't walk pass their lawn )

Posted by always_steady > 2015-04-17 20:59 | Report Abuse

@Singor, so still can buy or not?

Posted by Winwin8888 > 2015-04-17 21:31 | Report Abuse

Must buy .

Posted by CrossSymbol > 2015-04-17 22:08 | Report Abuse

Yea! Just heard it from one of my friend that attended AGM today. He said many good news are to come for OSK. And from the AGM, everything for the merger is almost complete. As this is the property sector so the rules for merger is not really strict (as opposed to the giant merger of 3 bank), so merger is almost can say 100% completed.老板确实的说明合并几乎已经成事，正等待最后的批准，而老板十足把握的说明批准是预料中的事，因为是地产界的事情，所以Rule没有很严~。~
而且很多后续计划已经准备好了. 万事具备，只欠东风! OSk将来前景很好~。~ (cited from blogger 第一天)

Posted by SinGor > 2015-04-18 03:20 | Report Abuse

Forgot to say this. Oskh has grown from 1 billion asset to 4 billion asset. OLH mention in
cantonese " if you invest All your Funeral money into OskH--don't worry bcos I also
invest in this company ". Something about RHB cap--OskH bought RHB at 7.20 but accounting
book registered (cost) about 8.40. So I think OLH will not sell RHB for less than 10.00

Posted by Winwin8888 > 2015-04-18 09:28 | Report Abuse

Ya ya buy. Buy .

Posted by sephiroth > 2015-04-18 10:10 | Report Abuse

According to the edge weekly city n country pull out today, the merger expected to complete between June and Sept

Posted by r°Moi > 2015-04-19 10:49 | Report Abuse

So.... what is new??

Posted by r°Moi > 2015-04-19 14:10 | Report Abuse

On the other hand.... PN17 ehh...

So OLH is claiming this personal assets injection was originally cooked up cos he was worried that post disposal of RHB.. OSK will go the way of Jobstreet... Emmm.... but capital repayment out of the sale proceed like Jobstreet would be ok what..

Or... maybe he just BS la.. maybe just an afterthought this....

Well.... anyway... whatever... good thing is that with or without that mega bank thinghy.. OSK still have the cash to pay the special dividend..

The approval for the injection of OLH's personal assets into OSK will be out very soon... might just well be now that the AGMs are over...

Is it a coincidence after all the AGMs?? to save OLH from all the pissed off shareholders of OSKP and PJD face to face?? Cannot be la huh.. that would mean OLH is way too powerful...

Posted by hanting999 > 2015-04-19 17:33 | Report Abuse

PN17 stands for Practice Note 17/2005 and is issued by Bursa Malaysia.

In general, PN17 companies normally have some financial difficulties.
Is OSK in some kind of financial difficulty? Then why OSK will be in PN17 if no merger? I don't understand.

Posted by r°Moi > 2015-04-19 20:03 | Report Abuse

No la.... obviously not

One of the criteria is core business is too small for its capital base...

See Jobstreet..

Posted by SinGor > 2015-04-19 20:07 | Report Abuse

hanting. Please refer to "www.focusmalaysia.my/../financial-service-PN17 "
Both ECM Libra Financial Group and MAA Group are profitable and Cash rich but still list
under PN17 by Bursa

Posted by r°Moi > 2015-04-19 20:15 | Report Abuse

So now you know... all this while you have been wrongly accusing OLH of doing shit.. when in fact he is trying to save OSK by injecting his personal assets into OSK cheap..

Poor OLH.. so misunderstood

Posted by r°Moi > 2015-04-19 20:21 | Report Abuse

And...anyway... with the injection done.. next time OSK can sell RHB without having to worry about PN 17

Posted by r°Moi > 2015-04-19 20:23 | Report Abuse

OLH the finance guy... always at least 3 steps ahead

Posted by SinGor > 2015-04-19 20:28 | Report Abuse

OLH is very stingy but he can acquire alot of cash and asset. He runs a typical Chinaman
business--only makes money and refused to spent too much. Only capture the best business to
make the most money. NO business school can teach you this method and planning.
That is the main reason there are Rich people and poor people ( Just Gifted )
Of course there are people who just know how to use your hard earned money ( Check your EPF
account regularly )

Posted by hanting999 > 2015-04-19 21:25 | Report Abuse

My sincere apologies to one and all; esp. OLH. If OLH is a nice, good and not so stingy, I will be rich.

Posted by CrossSymbol > 2015-04-19 21:44 | Report Abuse

For those who didn't attend the agm but wish to know what's happening. Fee free to visit http://windscopo.blogspot.com/2015/04/osk.html?m=1

By far the most detailed blog and report for the agm. As you can see it's all good news.

Posted by hanting999 > 2015-04-22 15:19 | Report Abuse

Still no life in OSK, in spite of all the good news. Very elegant silence.

Posted by jkhoo99 > 2015-04-22 17:16 | Report Abuse

where is the logic in the answer? If privatised he gains the most as he has the control of the company

股东问：公司前景非常乐观，我们也乐于长期投资公司前景，只是如果合并成事，黄总的股份也有望超越50%，达到控制公司的效果，那么会不会说突然来个私有化把我们小股东的钱吃掉？我需要黄总的亲口承诺以得安心。
黄总的解答不会私有化，而且也怂恿我们大胆买入也不怕，因为好像股东说的公司目前还在低估，而且他（黄总）也是连棺材本都投资进去了，如果你亏钱，那么他亏损更惨重呢~。~

Posted by always_steady > 2015-04-22 17:35 | Report Abuse

@jkhoo99, i already sleep in.

Posted by Tommy Lim > 2015-10-17 08:44 | Report Abuse

DROp DROP DROP!!! i want grab moreeeee

Posted by jkhoo99 > 2015-04-24 08:48 | Report Abuse

@always_steady, you mean you invested all into this? As in Cantonese saying.

Posted by r°Moi > 2015-04-24 18:32 | Report Abuse

Taking a tad longer than expected.... but don't read too much into it... very soon

Posted by hanting999 > 2015-04-25 08:49 | Report Abuse

AhMoi, Please expand on your thoughts. What is 'taking a tad longer than expected'? OSK going to fly or dive? (and 'very soon').

Posted by r°Moi > 2015-04-29 08:37 | Report Abuse

I am just saying.. with the MSWG and all that... SC may have to wayang kulit a bit about the other sides MIs unhappiness.. as such taking a tad longer

But this personal assets injection thingy will go thru

Posted by hanting999 > 2015-04-01 18:55 | Report Abuse

Thanks, AhMoi, for your thoughts. SC and Bursa are world class entities; and they are afraid of MSWG, OTB and all that?????? Approving the proposals now (or later) will still draw the ire of a lot of investors. OSK (+RHBIB) had presented the proposals four (4) months back and still no word from anybody. In fact, I fear the worst. The movement of OSK tells a story.