Posted by Czarll > 2017-11-30 01:14 | Report Abuse

maybe will go to 0.38 at 7 Dec. david ho already won even though can't hit 75%... 30days he collect 24% with 0.38 only. If he want bought 24% from open market, even 0.76 also impossible.

Posted by multi530 > 2017-11-30 07:55 | Report Abuse

if HSS buy >75% but <90%, do we still have a chance that him raise offer price?

Posted by multi530 > 2017-11-30 07:57 | Report Abuse

i rather sell it at 0.43 or be a minority shareholder after privitasation. 38sen just too low to accept

Posted by multi530 > 2017-11-30 07:58 | Report Abuse

really dont like HSS as he holding the dividend payout for this yr.

Posted by simon2020 > 2017-11-30 10:53 | Report Abuse

HSS original shareholding 33.72%
Fajar Astoria shareholding 23.56% (as of 19 Nov)
33.72 + 23.56 = 57.28%

Looks like those who transferred their shares to HSS earlier, is in for a long wait for their cash...also the open market acquisition @RM0.37 selling volume has dropped on a daily basis...if HSS wants to achieve at least 75% by 7 Dec...he needs to increase the buying price asap!...
https://klse.i3investor.com/insider/substantialShareholder/7213/29-Nov-2017/414056_3320218458.jsp

Posted by sitia > 2017-11-30 18:59 | Report Abuse

at least 17.72% on safest side for HSS and Astoria to accumulate.

Posted by sitia > 2017-11-30 21:44 | Report Abuse

Those who sell, think about it in years to come, you only cry the decision you made for selling the shares. I do not want to regret this decision.

Posted by sitia > 2017-12-04 09:14 | Report Abuse

Wednesday, 29 Nov 2017

5:14PM HOVID FAJAR ASTORIA SDN. BHD. (8,547,400 units Acquired)


Tuesday, 28 Nov 2017

6:08PM HOVID FAJAR ASTORIA SDN. BHD. (2,917,500 units Acquired)


Monday, 27 Nov 2017

5:16PM HOVID FAJAR ASTORIA SDN. BHD. (4,781,400 units Acquired)


Friday, 24 Nov 2017

5:15PM HOVID FAJAR ASTORIA SDN. BHD. (177,131,106 units Acquired)

Posted by sitia > 2017-12-04 09:14 | Report Abuse

simon2020, good morning. Have you thought they'll be acquiring from open market to increase their shares?

Posted by sitia > 2017-12-04 09:25 | Report Abuse

hope to hear from you

Posted by simon2020 > 2017-12-04 10:56 | Report Abuse

At the rate HSS is qoing, we don't think HSS will obtain 75% by 7 Nov, since 10 million units of Hovid equals about 1%..HSS needs to revise his offer asap to convince the institutional shareholders who collectively already holds more than 10% to sell..Anyway HSS needs to "showhand" either today or by tomorrow...

Nature of interest Direct Interest
Direct (units) 193,377,406
Direct (%) 23.557
Indirect/deemed interest (units)
Indirect/deemed interest (%)
Total no of securities after change 193,377,406
Date of notice 29 Nov 2017
Date notice received by Listed Issuer 29 Nov 2017

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5620541

Posted by Czarll > 2017-12-04 11:38 | Report Abuse

不需要计算的，关键在最两次的数据才有参考价值。。。。如果价格保持不变或微微提高一些收购价，再延迟那么最可能的是，事前已经累计了离75%只是微差。只能增持和祈祷有人把价格提高至0.38以上,让收购方不能在公开市场继续买进。

Posted by simon2020 > 2017-12-04 12:25 | Report Abuse

Read this presentation...future value of Hovid can be 76 sens or more due to earning potential in 2018 onwards from patents cliff and Hovid registration of new generic drugs...

THE FUTURE OF GENERIC DRUGS & HOVID BERHAD TAKEOVER OFFER
Author: ValinV | Publish date: Fri, 1 Dec 2017, 12:07 AM

https://klse.i3investor.com/blogs/fixmy/140068.jsp

Posted by Ace Ven Ven > 2017-12-04 14:58 | Report Abuse

Hi, sorry, silly question from noob investor here. If HSS decided to increase the purchase price to a higher price, say RM 0.40, what will happened to the minority shareholders who have agreed to sell their shares at RM0.38 before the due date? Are their shares will be valued at RM0.38 or will it increase to RM0.40?

Posted by smartly > 2017-12-04 15:55 | Report Abuse

40sen

Posted by sitia > 2017-12-04 15:59 | Report Abuse

I believed, it's 40 cts still.

Posted by sitia > 2017-12-04 15:59 | Report Abuse

But 40 cts are very low still, my friends.

Posted by Ace Ven Ven > 2017-12-04 16:04 | Report Abuse

Aa ic, duly noted, thanks smartly & sitia

Posted by sitia > 2017-12-04 21:06 | Report Abuse

Hovid will be a company that provide further earnings growth.

Unlike many companies who can achieved result like Hovid.

Unfortunately, they're delisting.

What shall we do?

Posted by sitia > 2017-12-04 21:51 | Report Abuse

We refer to the announcements dated 9 October 2017, 30 October 2017, 9 November 2017, 17 November 2017, 20 November 2017, 22 November 2017 and 23 November 2017 in relation to the Offer.



We wish to announce that Hovid has received a press notice dated 4 December 2017 from CIMB Investment Bank Berhad, on behalf of the Joint Offerors (“Press Notice”) informing that the closing date of the Offer and time for acceptances of the Offer has been extended to 5.00 p.m. (Malaysian Time) on 29 December 2017 (“Final Closing Date”). Save for the Final Closing Date and the Revised Acceptance Condition, all other details and the terms and conditions of the Offer remain unchanged.



The notice of the Final Closing Date will be despatched to the Holders accordingly.

Posted by kevin5059 > 2017-12-04 21:55 | Report Abuse

Extend again..stop wasting time la HSS. Just declare your acquisition unsuccessful or increase your buying price. We will not sell.

Posted by sitia > 2017-12-04 22:00 | Report Abuse

Looks like they keep raising the dateline. The ball is in their hands, fellow mates.

Posted by simon2020 > 2017-12-04 22:01 | Report Abuse

Those who have transferred their shares earlier to HSS has been held to ransom since the date for HSS offer has been extended to 29 December! It's better to get your shares back first from Tricor...at least you can trade freely at Bursa...

Note:
1. In order to delist Hovid, HSS needs at least 90% of the shares.
2. If HSS really obtained 75% of the shares by 29 December, they still can't apply to delist Hovid automatically. What is means is only Bursa would consider delisting if the public spread is not met. However according to TheEdge, Quote 'According to the latest annual report, Hovid’s shareholding is rather fragmented with each shareholder owning no more than 1.3% stake in the company', what it means is the public spread is rather large and so don't meets Bursa conditions for delisting.
3. What it only means is that those who has transferred their shares to HSS by 29 December, will be paid 38 sens (if the offer price is not revised), 10 days after the Privatisation offer turns unconditional (Lol next year 2018!)
4. Those shareholders who has not transferred their shares to HSS can continue to trade on Bursa. Since HSS has paid for the shares at 38 sens each, it is in their interest to protect their capital investment by keeping the share price at a min. of 38 sens or more.

Posted by simon2020 > 2017-12-04 22:20 | Report Abuse

Anyway...let's wait for HSS's offer revision latest by 15 December if any...
Refer slides for an independent opinion on The future of Generic Drugs and HSS' Takeover Offer, details click on link below:
https://drive.google.com/file/d/1Ng3ZXNarGoC5gCj-AxpOh0qoyWqgr2J6/view

Posted by PenguinDad > 2017-12-05 06:52 | Report Abuse

AGM on 19/12. Lookout.

Posted by PenguinDad > 2017-12-05 06:56 | Report Abuse

the longer it hold that higher the revise price the other shareholders will be asking. 0.50, 0.60, 0.70, 0.80 or even 1.00

Posted by PenguinDad > 2017-12-05 08:04 | Report Abuse

61.45% to 57.28% is 4.17%.

Posted by PenguinDad > 2017-12-05 08:15 | Report Abuse

HSS & TEAL til now hold
HOVID - 61.45% & HOVID-WB - 76.03% compare with previous is HOVID - 55.64% & HOVID-WB - 71.64%.
Interesting. I would think that the HOVID-WB will increase rather than the HOVID.

Posted by hoplanner > 2017-12-05 09:15 | Report Abuse

Simon, for those who have accepted the offer and had submitted the acceptance form and later (by 29/12/18) the Offerers ABORTED their plan, would they get paid RM0.38 OR...... their submissions would be returned, thus they get back their shares

Posted by PenguinDad > 2017-12-05 09:25 | Report Abuse

hoplanner, definitely wouldn't return lah becos it is undervalued and whose would return if got it cheap, cheap.

Posted by smartly > 2017-12-05 10:43 | Report Abuse

kns, wasting our time. :(

Posted by smartly > 2017-12-05 10:44 | Report Abuse

patience also got limit one.

Posted by smartly > 2017-12-05 10:49 | Report Abuse

how many times they want to extend.?

Posted by MrPotato > 2017-12-05 10:55 | Report Abuse

Hovid extend the date to 5.00 p.m. (Malaysian Time) 29 December 2017 .
Does that mean they still cant get 75% thus keep extending the date ?

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5626357

Posted by Syndicates > 2017-12-05 11:23 | Report Abuse

yes, and this is final date, cannot extend anymore. But any offer revision cannot be later than 15 december

Posted by multi530 > 2017-12-05 13:33 | Report Abuse

lets go to AGM? and screw. ha ha ha

Posted by sitia > 2017-12-05 15:53 | Report Abuse

Penguindad, maybe this round I will attend the AGM. Any idea when and where?

Posted by sitia > 2017-12-05 16:01 | Report Abuse

Syndicates, really final?

Posted by Syndicates > 2017-12-05 16:18 | Report Abuse

yes, already mentioned in latest announcement. and it's the 60th day from the first posting date. unless the offer become unconditional in less than 14 days before final date. once it become unconditional the offer period will remain open at least 14 days.

Posted by PenguinDad > 2017-12-05 22:17 | Report Abuse

satia AGM should be in Ipoh.

Posted by fragile84 > 2017-12-06 08:38 | Report Abuse

what will happen to those ppl still holding their share if their offer to takeover hovid at price 0.38 gone tru ..

Posted by simon2020 > 2017-12-06 09:52 | Report Abuse

If you refer to 4.3 Rights of Dissenting Holders & 2.4 Closing of the Offer this question doesn't arise as you can still sell the the shares to HSS at HSS's offer price at that time. Quote " the Offer will remain open for acceptances for at least 14 days from the date on which the Offer becomes and is declared unconditional (e.g. 29 Dec) which, in any event, shall not be later than the 60th day from the Posting Date.)

*note: Those shareholders who has not transferred their shares to HSS can continue to trade on Bursa. Since HSS has paid for the shares at 38 sens each, it is in their interest to protect their capital investment by keeping the share price at a min. of 38 sens or more.

Posted by multi530 > 2017-12-06 12:55 | Report Abuse

perhaps those who attend the coming Hovid AGM can have a small chat 15 min before meeting start... meeting start

Posted by sitia > 2017-12-06 14:15 | Report Abuse

Penguindad, v far.

Posted by simon2020 > 2017-12-06 15:05 | Report Abuse

Looks like sellers at 37 sens has dried out..HSS better increase the offer price asap..otherwise there is no way to achieve 75% by 29 Dec..

Posted by sitia > 2017-12-06 15:48 | Report Abuse

I hope at 45 cts he will let go for us.

Posted by sitia > 2017-12-06 15:49 | Report Abuse

But I believed, he will need to sit down and discuss with his people and then only decide. -OR- he will stand to fight us all and the rest holders who didn't sell.

Posted by silver123 > 2017-12-06 17:31 | Report Abuse

Dear all,

Basic question. May I know what will happen if I don't sell the shares before 29/12. Thank you.

Posted by simon2020 > 2017-12-06 21:46 | Report Abuse

The basic answer...

If you refer to 4.3 Rights of Dissenting Holders & 2.4 Closing of the Offer this question doesn't arise as you can still sell the the shares to HSS at HSS's offer price at that time (29/12). Quote " the Offer will remain open for acceptances for at least 14 days from the date on which the Offer becomes and is declared unconditional (e.g. 29/12) which, in any event, shall not be later than the 60th day from the Posting Date.)

*note: Those shareholders who has not transferred or sold their shares to HSS can continue to trade on Bursa after 29/12. Since HSS has paid for the shares at 38 sens each, it is in their interest to protect their capital investment by keeping the share price at a min. of 38 sens or more.
Note:
1. In order to delist Hovid, HSS needs at least 90% of the shares.
2. If HSS really obtained 75% of the shares by 29/12, they still can't apply to delist Hovid automatically. What is means is only Bursa would consider delisting if the public spread is not met. However according to TheEdge, Quote 'According to the latest annual report, Hovid’s shareholding is rather fragmented with each shareholder owning no more than 1.3% stake in the company', what it means is the public spread is rather large and so don't meets Bursa conditions for delisting.
3. What it only means is that those who has transferred their shares to HSS by 29/12, will be paid 38 sens (if the offer price is not revised), 10 days after the Privatisation offer turns unconditional (Lol next year 2018!)
4. Those shareholders who has not transferred or sold their shares to HSS can continue to trade on Bursa. Since HSS has paid for the shares at 38 sens each, it is in their interest to protect their capital investment by keeping the share price at a min. of 38 sens or more.

Posted by multi530 > 2017-12-06 21:59 | Report Abuse

'.... keep the share price at min of 0.38...' sound good