MSWG is not just MSWG... it represents the MIs.. the public.. SC of course is not scare but cannot just ignore it
HaHa to be fair to SC maybe not appropriate to use wayang kulit
Should be... SC must be seen to be fair to all and will always take a keen interest on all investors' complaints and concerns to ensure a leveled playing field for all big or small.... blah blah blah blah
This... "must be seen......" means it must be seen to have taken a look at what the MSWG has raised.. as such will take a tad longer.
RHB Cap's AGM Update. Sorry to say, cash left over after deducting liabilities will be injected back to RHB Bank. Look like rights issue will be 30% discount (from my impression bcos minority shareholders are rather upset and economic condition now is difficult to raise cash. No more M&A in near future. Future dividend yield will increase to maybank level
Since you are checking... can you double check if there is enough cash to pay the special dividend bearing in mind the fund required for the RHB RI....
Moi. RHB Cap chairman keep repeating that the restructuring aim is to raise cash and to meet Basel requirement. So i don't think any special dividend will be given in 2015 and/or 2016. I can feel from his speech that 2016 is also a tough year for All banking sectors
I am actually wondering... now that it has to set aside around 2 billions for the RHB RI.. would OSK has enough left to pay the special dividend to me and you??
To subscribe for RHB rights....OSK only need Rm 200m. The Rhbcap, which OSK hold is worth more than Rm 2 billion....easily can finance & pay the dividend....bcos also has huge undrawn facility line of Rm 1 billion.
RHB Capital (RHB Cap) has announced a renounceable rights issue, to raise an intended proceeds of up to RM2.5bil. The pricing and basis are expected to be fixed later.
O... ya I mistaken liao RM2.5bil x 0.1 about = 200m only
HaHa 200m only.... we can have RHB and we can have the special dividend ; )
This was the thing that got me worrying for nothing for a while.... : )
SinGor RHB Cap's AGM Update. Sorry to say, cash left over after deducting liabilities will be injected back to RHB Bank.......... No more M&A in near future.....
Moi. Someone did mention special dividend during OSK's agm. OLH's answer -- he is going to think about it since it is been raised ( atleast no outright rejection ). I don't think he will give anyway bcos I asked for it every other year after he sold his trading house to RHB
I think the special dividend tied to the personal assets injection thingy will definitely be on... incentive for one to say... yes this is hell of a good thingy OLH!
5 months already passed; still no news. Have to wait for another 5 months? Why is SC and Bursa taking so long to approve a simple deal between a shell company and two property companies. Hopefully I will not hear any bad news soon. If proposals are not approved, then OSK enters into PN4!!!!!
Hantin999, this is now no longer a question of "If" but more a question of "When". These multiple proposals are fairly straightforward, more of a domestic matter actually but alas ! procedures have to followed , hence this rather long wait for SC and BSM approval. As for the subsequent approval by OSK's own shareholders (less Tan Sri OLH and PACs) it is a moot point as there is no logical reason for OSK's shareholders to not approve such a sweet and beneficial value accreting move which will be good not just for OSK as a property company but also for all it's shareholders. Patience lah !
hanting999 is a majority shareholder of OskH & Osk P & PJD. Babu, you see the problem now. Unless OskH moved pass 3.00, OskP & PJD will be at the loosing End. So someOne got to push OskH price passed 3.00 then no more complaints
babu, thank you for your kind explanation. I have to be patient; but patience has its limits.
SinGor, when (or if) I become a majority shareholder of OSKH, OSKP and PJD I will better OLH's offer, make every shareholder happy and get all approvals in a matter of days. (But SinGor and hanting999 are just jokers, right!!!!)
bluebiznet, unfortunately, the only 'volunteer' around is OLH. And I would not give him a big, big 'like'.
Just bought a book by Mantak Chia: " Iron Shirt Chi Kung " 3 weeks Chi Kung training, I can withstand all OLH pressure --i hope. Just don't explode, please
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....
r°Moi
5,802 posts
Posted by r°Moi > 2015-04-26 12:47 | Report Abuse
Moi... call me Moi
MSWG is not just MSWG... it represents the MIs.. the public.. SC of course is not scare but cannot just ignore it
HaHa to be fair to SC maybe not appropriate to use wayang kulit
Should be... SC must be seen to be fair to all and will always take a keen interest on all investors' complaints and concerns to ensure a leveled playing field for all big or small.... blah blah blah blah
This... "must be seen......" means it must be seen to have taken a look at what the MSWG has raised.. as such will take a tad longer.