Posted by theews82 > 2012-06-19 20:47 | Report Abuse

i think soon, Dividend will be annouced.

On behalf of the Company, CIMB Investment Bank Berhad (“CIMB”) wishes to announce that Bursa Malaysia Securities Berhad (“Bursa Securities”) had, vide its letter dated 19 June 2012, approved the listing of and quotation for up to 119,586,000 new Shares to be issued pursuant to the Proposal on the Main Market of Bursa Securities.

The approval by Bursa Securities for the listing application is subject to the following conditions:

(i) UOA Development and CIMB must fully comply with the relevant provisions under Bursa Securities’ Main Market Listing Requirements pertaining to the implementation of the Proposal;

(ii) UOA Development and CIMB to inform Bursa Securities upon the completion of the Proposal; and

(iii) UOA Development to furnish Bursa Securities with a written confirmation of its compliance with the terms and conditions of Bursa Securities’ approval once the Proposal is completed.

This announcement is dated 19 June 2012.

Posted by aunloke > 2012-06-21 12:48 | Report Abuse

If not mistaken the exchange price for DRS may be 1.00 which gives the ex-all price of 1.42 and the forward PE of about 10. Would you invest in this stock if it turns out this way?

Posted by bryan_su > 2012-06-21 13:20 | Report Abuse

new shares issued under DRS cannot more than 10% discount from it's 5 days vwap...

Posted by BullBear > 2012-06-21 14:21 | Report Abuse

Announcement Dated 07/06/2012: DIVIDEND REINVESTMENT SCHEME (“DRS”) THAT PROVIDES THE SHAREHOLDERS OF UOA DEVELOPMENT THE OPTION TO ELECT TO REINVEST THEIR CASH DIVIDEND IN NEW ORDINARY SHARES OF RM0.05 EACH IN UOA DEVELOPMENT(“SHARE(S)”) (“PROPOSAL”)

1. Share Issued: 1.196 billion

2. Dated 19 June 2012, approved the listing of and quotation for up to 119,586,000 new Shares (10% of paid-up capital).

3. If holding 10,000 units the entitlement 1,000 units if 10% dividend is declare. Well the dividend can be less but not more than 10%.

4. Earnings: The Proposed Dividend Reinvestment Scheme is not expected to have a material effect on the earnings for the financial year ending 31 December 2012. Consequent to the increase in UOA Shares arising from the Scheme, the earnings per share will be diluted accordingly. So will the share price....heheheheh!!

So, all the best folks.

Posted by Journi Mytwok > 2012-06-22 13:43 | Report Abuse

Maybank also diluted before. When took over BII.
Just a case sharing.

A break above 1.60 could see uptrending. Need volume to build up

Just 2c

Posted by BullBear > 2012-06-22 14:34 | Report Abuse

UOA is listed under property as such its fair to compare to others under property.

So far the returns for property counters are not as good as the banks. Folks, judge for yourself.

Posted by bryan_su > 2012-06-27 12:42 | Report Abuse

wakakaka..

Posted by messiBarca > 2012-06-27 13:19 | Report Abuse

drop back once reach 1.56, very lousy stock

Posted by angkor > 2012-06-27 13:24 | Report Abuse

when this stock is giving dividend? keep on delaying the payout..

Posted by bryan_su > 2012-06-27 13:42 | Report Abuse

yaya, buying time only... those like tambun, mahsing, etc already announce the ex-date...gone!

Posted by klsebandit > 2012-06-27 16:37 | Report Abuse

why can just this counter go up? keep going down slowly after reach 1.56

Posted by bryan_su > 2012-06-27 16:56 | Report Abuse

can't, isit?..

this counter big player only epf la, depend on its mood, like now, meant epf still want him, until the time, if epf dun want him, sure will goreng high and throw...

Posted by Nelson Yoong > 2012-06-29 19:11 | Report Abuse

uoadev DRS EX ON 13 JULY 1.39,good news

Posted by Nelson Yoong > 2012-06-29 19:27 | Report Abuse

UOADEV SORRY EX ON 11 JULY

Posted by arebear > 2012-06-29 21:21 | Report Abuse

No idea... but EPF keep on accumulating... almost on daily basis..

Posted by angkor > 2012-07-02 11:25 | Report Abuse

any idea how high can this stock go since cum dividend now?

Posted by Fasterom > 2012-07-02 12:35 | Report Abuse

My wild cards around 1.61-1.65...

Posted by angkor > 2012-07-02 16:52 | Report Abuse

1.57 barrier broke.. more upside?

Posted by Nelson Yoong > 2012-07-02 17:27 | Report Abuse

yes my friend,i hope only

Posted by tansrihew > 2012-07-02 17:30 | Report Abuse

hopefully more showdown tomorrow. break the $1.60 mark

Posted by theews82 > 2012-07-02 17:32 | Report Abuse

now is the return time for those who got confident and stay calm when it drop :) Enjoy...

Posted by angkor > 2012-07-02 18:34 | Report Abuse

i see if it can go up to 1.70

Posted by Newb > 2012-07-02 19:21 | Report Abuse

hi guys wad does d drs mean? means we get share instead of cash as divident?

Posted by quyen850906 > 2012-07-02 19:34 | Report Abuse

dividen reinvesment scheme

Posted by andyteng > 2012-07-02 19:41 | Report Abuse

it break rm1.55 due dividen announcement. let us see it can break over rm1.6 resistance in these few days

Posted by Newb > 2012-07-02 19:48 | Report Abuse

yea i noe it is div reinvest scheme but what does it mean?

Posted by quyen850906 > 2012-07-02 19:59 | Report Abuse

use the dividen to buy back the shares..

Posted by Newb > 2012-07-02 20:48 | Report Abuse

buy back at wad price?

Posted by theews82 > 2012-07-03 07:01 | Report Abuse

DRS price=1.39(8% discount)

Posted by angkor > 2012-07-03 16:44 | Report Abuse

Not much movement.. is that the max that it can go?

Posted by theews82 > 2012-07-04 09:35 | Report Abuse

yes 1.60... what you want say now bryan_su??? Regret for sell?

Posted by bryan_su > 2012-07-04 09:46 | Report Abuse

told you already ma, buy back at 1.45... i am going to say, happy la... thks for u as my gps... my earning become more la\

Posted by angkor > 2012-07-04 10:27 | Report Abuse

1.62.. that is the way!

Posted by cresender > 2012-07-04 10:58 | Report Abuse

good job and keep it up!

Posted by BullBear > 2012-07-04 11:07 | Report Abuse

Price will be adjusted and UOA will be traded and quoted "Ex - Dividend" as from 11 July 2012.

Careful now folks!

Posted by hema > 2012-07-04 11:10 | Report Abuse

Do you think it can go above 1.65?

Posted by angkor > 2012-07-04 11:17 | Report Abuse

my wild guess is that it will touch 1.70

Posted by rocknroll > 2012-07-04 11:22 | Report Abuse

i would like to ask, after the dividend is given, the warrant's exercise price will be revise or not?

Posted by hema > 2012-07-04 11:34 | Report Abuse

Wooohooo....keeping a close watch for 1.70 ;)

Posted by newb > 2012-07-04 11:41 | Report Abuse

Fkkkk regret for selling .. Worth to collect back now?

Posted by simonfish > 2012-07-04 11:55 | Report Abuse

before dividen declare is not suitable to buy back, after declaring see how. Thanks

Posted by theews82 > 2012-07-04 13:32 | Report Abuse

lol... above 1.65 only will consider sell... otherwise, keep for dividend...

Posted by messiBarca > 2012-07-04 16:29 | Report Abuse

now UOADev cannot stand over 1.6..drop back 1.59..very disapointed.

Posted by angkor > 2012-07-04 18:29 | Report Abuse

no more power.. no ummppphhh..

Posted by theews82 > 2012-07-04 19:46 | Report Abuse

next week should be the real time to fly....

Posted by angkor > 2012-07-06 14:50 | Report Abuse

supporting well at 1.62... let it touch 1.70 next week

Posted by angkor > 2012-07-06 15:33 | Report Abuse

1.66... doing very well

Posted by Tony Liu > 2012-07-06 16:12 | Report Abuse

bingo...... pass 1.65

Posted by tsejuie > 2012-07-06 16:18 | Report Abuse

Anyone received the DRS forms yet? Or will it only be given after the ex-date?

Posted by messiBarca > 2012-07-06 16:19 | Report Abuse

not yet receive, should be after ex date