Posted by sitia > 2018-01-17 10:07 | Report Abuse

CzarrII, 不要浪费时间。你接受了offer 吗？

Posted by fragile84 > 2018-01-17 11:44 | Report Abuse

When 0.380 dun wan sell.. now drop 0.355 only wan think what to do ..

Posted by Czarll > 2018-01-17 12:11 | Report Abuse

sitia 我没有接受offer。不打算要卖。但我希望多点小散户卖，hahahahahaha

Posted by multi530 > 2018-01-17 12:56 | Report Abuse

craril me too

Posted by multi530 > 2018-01-17 12:58 | Report Abuse

plan to average down if possible.

Posted by Czarll > 2018-01-17 13:10 | Report Abuse

multi530,你AGM遇到的是不是冷眼？非常好奇他跟你说过什么，为什么会那么坚持？分享下叻。。。哈哈哈

Posted by multi530 > 2018-01-17 13:30 | Report Abuse

冷眼不会去的啦

Posted by multi530 > 2018-01-17 13:31 | Report Abuse

是一个 regular investor, almost c him in most of the good potential listed co AGM

Posted by multi530 > 2018-01-17 13:32 | Report Abuse

but 绝对不是 William

Posted by multi530 > 2018-01-17 13:32 | Report Abuse

ha ha ha

Posted by Ace Ven Ven > 2018-01-17 15:31 | Report Abuse

i still didn't receive money yet, they will transfer to bank account @ CDS account or by cheque?

Posted by multi530 > 2018-01-17 18:03 | Report Abuse

by cheque

Posted by Tze Xin Tze Yiu > 2018-01-17 18:23 | Report Abuse

I received in th cds account .

Posted by thek > 2018-01-18 08:42 | Report Abuse

TXTY how long it takes to pay u? I still not receive payment after selling almost 3 weeks already.

Posted by Ace Ven Ven > 2018-01-18 10:27 | Report Abuse

thanks multi530 & Tze, but why 2 different methods, I sold about almost a month ago, still no payment yet

Posted by multi530 > 2018-01-18 10:35 | Report Abuse

Tze, r u nominees a trading acc?

Posted by Czarll > 2018-01-18 11:42 | Report Abuse

call broker....

Posted by bowls > 2018-01-20 13:35 | Report Abuse

Ace Ven Ven - FYI: I submitted my form on 29/12/2017 and received the cheque by post (Pos Malaysia) on 10/01/2018. If you refer to the offer letter(s), it says the amount of money will be sent to you by cheque within 10 days of submission

Posted by Tze Xin Tze Yiu > 2018-01-20 16:05 | Report Abuse

check with your remizer... he will plan for you.

Posted by Huatlar > 2018-01-22 14:47 | Report Abuse

In the end they will convert all the warrant to reach 90% ? Any one can answer ?

Posted by Czarll > 2018-01-22 18:34 | Report Abuse

献购以后一年内不得购买至触碰强制收购。单凭转换后触及90%或以上可以申请除牌，但不触及强制收购。。。应该是这样

Posted by fragile84 > 2018-01-27 08:48 | Report Abuse

"gonna buy 100 lot at 0.355 , previously bought at 0.330 sold at 0.380 , now gonna ride again !! told you guys just sold at 0.380 before .. no used fighting with shark n jaws .. why die die also u all still wan hold .. main point is earn then sell ..earn n sell !!"
16/01/2018 09:10

previously post that im entering hovid again..Earning money again 2nd time round, guys actually what r u all doing ? earn by trading n chart analysis not by following just because u like the boss n all, chart reading n TA helps..really wasted the chances when the price was 0.380 u all.. sell it take profit first then think again later..

Posted by eagleeye2018 > 2018-01-29 08:43 | Report Abuse

不接受献购后如果停牌了手上的warrant会是什么情况 ？ 求解 ..

Posted by thek > 2018-02-10 11:02 | Report Abuse

Cheque received after waited for 5 weeks, good luck to all shareholders here.

Posted by Wuzy > 2018-02-10 15:08 | Report Abuse

最好问你的remisier/broker/dealer, 他们会给于你最正确的资料。个人所知是你手上的凭单会变成白纸 =D

Posted by Hafid > 2018-02-21 15:00 | Report Abuse

ANOTHER WARRANT FORM RECEIVE DATED 9TH FEB 2018

Posted by multi530 > 2018-02-28 10:24 | Report Abuse

extension time of 6mths till July 18.

Posted by stupid > 2018-03-01 11:41 | Report Abuse

if extend another 6 months mean they will offer 0.38 again?

Posted by multi530 > 2018-03-05 16:58 | Report Abuse

no idea

Posted by Se Ven > 2018-03-15 15:13 | Report Abuse

Guys, I'm using maybank nominees trading account. What should i do, if i accept the offer? Usually how long it take to get my money?

Posted by sitia > 2018-03-15 17:57 | Report Abuse

Tocotrienols developed by Hovid can have a look.

Posted by beatme > 2018-03-16 09:48 | Report Abuse

the 0.38 offer still available?

Posted by Jmz88 > 2018-03-26 09:29 | Report Abuse

the 0.38 offer is still available?

Posted by fragile84 > 2018-04-01 22:20 | Report Abuse

Lol.. time for me to get into hovid again :)

Posted by LimKT > 2018-04-02 11:43 | Report Abuse

When 0.380

Posted by jordanmaggie61 > 2018-04-02 11:57 | Report Abuse

by cheque

Posted by chickenputih > 2018-05-04 09:45 | Report Abuse

who so gancheong today ?? should wait la ..

Posted by Hafid > 2018-05-09 15:08 | Report Abuse

Now only trade 0.33. buy hovid wb and convert.

Posted by beatme > 2018-05-14 14:59 | Report Abuse

not rise yet . . .

Posted by Sebastian Sted Power > 2018-05-21 19:11 | Report Abuse

QR not bad. Can consider enter field again

Posted by yesyesyes > 2018-05-21 23:08 | Report Abuse

Even if it is very very good qr , the price won't rise la .. it being squeezed till 32cents from offer price 38cents .. no one will survive o..

Posted by savage > 2018-05-31 10:45 | Report Abuse

Hi All, I am new to this stock and just started to follow. May I know is this stock going to be delisted from bursa soon?

Posted by Hafid > 2018-06-01 11:23 | Report Abuse

Under Sections 4.1(ii) and 4.1(iv) of the Offer Document dated 30 October 2017, the Joint Offerors have stated that they do not intend to maintain the listing status of Hovid and may procure Hovid to take the requisite steps to withdraw its listing status from the Official List in accordance with Paragraph 16 of the Listing Requirements (“Joint Offerors’ Intention”).
Bursa Securities has granted Hovid an extension of time of six months until 10 June 2018 to comply with the Public Spread Requirement.

Posted by leenamster > 2018-06-05 21:03 | Report Abuse

hello investors,
Can someone with knowledge on delisting (taken private) brief me on this question that has been bugging me. It is the intention of David Ho and Astoria (I believe it belongs to Ho also), to take Hovid private. The offer of the warrants and shares have ended. How on earth is Hovid to be taken private when more shares are listed, due to conversion of warrants. . Anyone can now buy the "new" shares and block the privatisation. Would someone with knowledge on this subject, please write your answer for the benefit of those of us who are seeking answers.

Posted by taitaumau > 2018-06-19 11:55 | Report Abuse

Hovid-wb expired on 5.6.2018
Last listing date of converted wb: 19.6.2018 (8 trading days for conversion)

Just wonder whether David Ho/Astoria have exercised their wb ???

Per wb-holders circular (3.5.18), outstanding wb = 322M
Exercised wb (3.5.18 to 18.9.18) = 5M
Balance held by David/Astoria = 317M ?

If this 317M exercised,
% of holding by David/Astoria = (653 + 317) / (826 + 317) = 84.86% (Increased from 79%).

Company announcement (27.2.2018) - an extract

Under Sections 4.1(ii) and 4.1(iv) of the Offer Document dated 30 October 2017, the Joint Offerors have stated that they do not intend to maintain the listing status of Hovid and may procure Hovid to take the requisite steps to withdraw its listing status from the Official List in accordance with Paragraph 16 of the Listing Requirements (“Joint Offerors’ Intention”).


Company announcement (21.5. 2018 ) - an extract

As at the date of this announcement, the Company has not received any proposal from the Joint Offerors and the Company has not formulated any rectification plan to rectify the shortfall in the Public Spread Requirement. The Company will continue to make further announcement in relation to the status of its efforts to comply with the Public Spread Requirement in compliance with the Listing Requirements.

To-date, Company is awaiting......... proposal from David/Astoria to privatize ?

Posted by taitaumau > 2018-06-20 10:10 | Report Abuse

Why David/Astoria let all their wb burnt ?
- better utilize conversion monies 57M (317M x0.18) to re-purchase remaining minority shares ?

- To undertake another take-over/delisting exercise, amount need to fork out:-

say reasonable exit price fixed at 0.38,

173 M x 0.38 = 66 M (100% wholly privatized)
90.4 M x 0.38 = 34.M (90% threshold to withdraw listing status)

Perhaps, that is why wb not exercised ?

Posted by Bilocell > 2018-06-25 20:46 | Report Abuse

Hello taitaumau,

You are correct to assume that why warrants (317M) held by Astorai/Ho [called "their/they"] are not exercised is becasue they intend to privatise it.(Hovid). To excercise the wb into shares, they need to fork out 57M (317Mx0.18) . This 57M goes into the company. They are reserving this 57M to buy up the remaining shares still floating around, now selling at 33 sen.
Come middle of July 2018 when the 25% shareholding spread expires, they must either: (1) privatise it, or (2) release "their" holdings to the market to hit over 25% public spread.

It seems, now is the time to buy Hovid, becasue, when they have accumulated 90%, and force buy from the 10%, they still must pay 38sen. What do you think?

In the unlikely event they don't privateise it, they would lose a bundle becasue they have bought 38 sen from those who took up their offer.

Taking GSB as an example, Kerjaya directors offered to buy out GSB at 13 sen, and now GSB is over 20 sen. People holding Hovid shares, should not sell at all until mid July, when the 25% public spread expires.

Posted by beatme > 2018-06-26 10:16 | Report Abuse

bilocell, good sharing.

Posted by taitaumau > 2018-06-26 11:55 | Report Abuse

Biloceli, i wish that they will pay 38 sen in their bids, if any, to privatize Hovid. Generally, Investment Banker will advise on the reasonable exist price.

In the take-over Notice, Joint-offerors have made it :-

(1) Under bold letters and a single sentence paragraph, a crystal clear that

THE JOINT OFFRORS DO NOT INTEND TO MAINTAIN THE LISTING STATUS OF THE OFFEREE

(2) In the event their final holdings is between 75% and 90%, they "MAY" procure HOVID to take requisite steps to withdraw its listing status in compliance with Para 16.07 of the Listing
Requirements

Under scenario (2), If the offerors do not privatize the company, then their intention is not consistent with (1) above. Will it be tantamount to a misleading representation by them ?

It is probable that they will announce appropriate delisting measures, hopefully before the extended dateline, 10 July, 2018 in order to meet the Public Spread Requirement.

Posted by Bilocell > 2018-06-27 16:56 | Report Abuse

hello taitaumau

Thanks for your input. Hovid's privatisation offer had already already become unconditional, after many extensions. That means, they must privatise it. I have not studied the "joint offererors documents" issued by the merchant bank, on their behalf. I dont know which investment bank issued the offerors' document.

In the case of many privatisation plans, the "offer" documents issued by the merchant bank consist of the words "jointly offered on behalf of Mr....XYZ". That means, the investment bank has given its assurance/undertaking to the offer.

In the case of Hovid, you, please study the offer document and see whether the investment bank that issued the "offer" has given its undertaking "jointly with the Offerors, Astoria/Ho. The word "jointly with the Offerors is important". If the investment bank had given its assurance/undertaking, there is no two ways about it. It must privatise, otherwise, the investment bank would lose its licence.