Section 69G. Person who ceases to be substantial shareholder to notify company. (1) A person who ceases to be a substantial shareholder in a company shall give notice in writing to the company stating his name and the date on which he ceased to be a substantial shareholder and full particulars of the circumstances by reason of which he ceased to be a substantial shareholder.
(2) The notice shall be given within seven days after the person ceased to be a substantial shareholder.
Section 69F. Substantial shareholder to notify company of change in his interests. (1) Where there is a change in the interest of a substantial shareholder in a company in voting shares in the company, he shall give notice in writing to the company stating his name and full particulars of the change, including the date of the change, and the circumstances by reason of which that change has occurred.
(2) The notice shall be given within seven days after the date of the change.
(3) For the purposes of subsection (1) where a substantial shareholder in a company acquires or disposes of voting shares in the company, there shall be deemed to be a change in the interest of the substantial shareholder in voting shares in that company.
anyone here can lodge a complain / report - against Latitude to Bursa for late announcement and - against KYY to SSM for late notification to Latitude.
agree with "GreatSTOCK All fanatic FA fellows said that there is zero organic value to split n bonus issue in the long term. To a certain extend, I agree with them but not on the speed of price increase in immediate term". BUT the management need to reward to shareholder like more dividend like QL/KLK to attract other investor to invest and keep for long term
On Our Radar – Furniture Manufacturers Riding on the USD Bandwagon
By Voon Yee Ping / voonyp@kenanga.com.my; Sarah Lim / sarahlim@kenanga.com.my
We view the Malaysian furniture industry as a potentially undervalued sector which is poised for re-rating, driven by: (i) their high proportion of export sales, (ii) margin expansion on strengthening USD, (iii) sector-wide capacity expansion, (iv) long-term growth riding on the TPPA, and (v) healthy balance sheets. We peg the sector valuation at an average of 10.6x Fwd. PER, which is at a premium to board makers' average Fwd. PER of 9.5x as the sector shares similar positives (consistent EPS growth, steady margin expansion) but enjoys better fundamentals (higher dividend yields, stronger balance sheet positions). Our valuation is applied to annualised latest quarters' EPS, with adjustments for growth and seasonality. The resulting fair values indicate strong return potential for furniture makers averaging +15%. Among the furniture players, we see above-average return potential for:
Sadly,Case study of AIG unable to apply in Latitude due to management behaviour and foreseenable growth available for Latitude.
Demanding for dividend where align to earning.it's been repeat and repeat, again and again. If your unsatisfy with low dividend yield please stay away. "Management is looking for opportunities"
This stock shot up from under RM1 two years ago. It is going to come crashing down to earth very soon. RM8 stock with no dividend?? Hahahaha. Go read the announcement. The contrarian speculator Uncle Koon is asking you fools to buy while he himself exits slowly and steadily.
Landscape had changed. If there is a global recession sales would go down, the exchange rate is not going to help much if there is no sales. I think the furniture play has peaked
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....
pingdan
1,549 posts
Posted by pingdan > 2016-01-12 09:57 | Report Abuse
seem like market happy with the ceased of substantial shareholder of KYY. Hitting another new high after then news came out