Upon completion of the Proposed Acquisition, PPSB will hold 85,729,266 CBB Shares, representing approximately 71.44% of the issued and paid-up share capital of CBB.
Upon completion of the Proposed MGO, if the acceptance level of the Proposed MGO results PPSB holding 75% or more of CBB Shares, PPSB does not intend to maintain the listing status of CBB on the Main Market of Bursa Securities.
risk for worst case scenario is, 10% of minority rejected. KPS able to take the company private and with minority who are speculators, buy after announcement and dream for higher price, will remain shareholders in the UNLISTED Cenbond Bhd.
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....
shareguru
102 posts
Posted by shareguru > 2016-08-11 16:53 | Report Abuse
yes kps taking over . after selling can move one to sch. announcement within 1 week.