Posted by strattegist > 2021-02-21 15:50 |

Post removed.Why?

Posted by dam82 > 2021-02-21 16:44 | Report Abuse

Parliment should sit ASAP then if PN goes down only can save FGV ..why seems everyone against retailer and only looking at FELDA and some sectino people of well being ..welcome to malaysia .... i wait and see ...what is the outcome ...

Posted by Mabel > 2021-02-21 23:29 | Report Abuse

The out come is very simple...

Mickey Mouse should see Dr Ooi as soon as possible.

Mabel Vaccines has already landed today...

https://www.thestar.com.my/news/nation/2021/02/21/039it-was-the-most-nerve-racking-hour-of-my-career-039-says-pilot-who-flew-covid-19-vaccines-to-m039sia

Meow

Posted by Mabel > 2021-02-21 23:31 | Report Abuse

Mabel engagement with vaccine cover two fronts.

We have one from the West and one from the East. Both are Halal..

1. American Chuck Norris Karate - Fist of Fury Vaccine
2. China Bruce Lee Kung Fu - Enter the Dragon Vaccine

Meow

Posted by Mikecyc > 2021-02-22 08:32 |

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Posted by Mikecyc > 2021-02-22 08:33 |

Post removed.Why?

Posted by Mikecyc > 2021-02-22 08:38 |

Post removed.Why?

Posted by Mikecyc > 2021-02-22 08:40 |

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Posted by Mikecyc > 2021-02-22 08:42 |

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Posted by strattegist > 2021-02-22 09:31 | Report Abuse

relax

Posted by EVO118 > 2021-02-22 12:38 | Report Abuse

So, are those GLCs who accept the offer of $1.30 instead of taking the market price in the range of $1.31-$1.34 in breach of their shareholders interest and maybe should be investigated by MACC.

Posted by strattegist > 2021-02-22 13:54 | Report Abuse

cool

Posted by Mabel > 2021-02-22 14:39 | Report Abuse

#Mikecyc Haha despite kon mabell said in money in fgv .. why still here ?? actor is shown was trapped at 3.00 since 2015 ..
22/02/2021 8:38 AM

Hahaha...

What ever Mouse said will not make Mabel angry.

My Techs are doing so great today...

Trap in FGV?

Haiyaa...how many time must Mabel repeat. please check what I posted earlier. Please see my Dr Ooi immediately, you really need help..

Trap in Top Glove?

How about those that bought 4 to 5 and sell at 27 to 29?

Don't you know?

It's just like buying my C63 at Honda Civic Price..

Now Dividend money partially used to buy endless lobsters, top up my Techs while the remaining.. waiting to buy TG at RM 4...

How's your maggie mee?

Meow

Posted by EVO118 > 2021-02-22 14:49 | Report Abuse

It looks like Felda will definitely be looking at a strike price of at least $1.50 and possibly as close as $2.00 to be certain of a takeover. Any price short of that is just going to fail !

Posted by Mabel > 2021-02-22 15:27 | Report Abuse

RM 2 sound more logical...

Meow

Posted by strattegist > 2021-02-22 17:47 |

Post removed.Why?

Posted by atlantisbear > 2021-02-22 18:04 | Report Abuse

i rather take divident than cutloss at 1.3

Posted by Mabel > 2021-02-23 00:23 | Report Abuse

Smart moves..

Posted by strattegist > 2021-02-23 08:40 |

Post removed.Why?

Posted by strattegist > 2021-02-23 13:21 | Report Abuse

steady

Posted by Mabel > 2021-02-23 17:07 | Report Abuse

While Bursa is so red Fgv is so green..

Meow Meow Meow

Posted by Portfolio7 > 2021-02-23 17:55 | Report Abuse

Why should we accept the MO 1.30 whilst the current price is 1.34. they're so desperate to accumulate all shares to obtain the 90%.

Posted by zackboy > 2021-02-23 18:05 | Report Abuse

Where is mickeymouse with his fear mongering rant today?

Posted by strattegist > 2021-02-23 18:57 | Report Abuse

steady cool green... 1.34

Posted by strattegist > 2021-02-23 18:59 | Report Abuse

Felda is losing face... where is the pride???..

Posted by strattegist > 2021-02-23 19:00 | Report Abuse

even market is against Felda... defying the GO...

Posted by Laiks1970 > 2021-02-23 19:32 | Report Abuse

Bursa said that for companies with a market capitalisation of at least RM1 billion but less than RM3 billion, the acceptable minimum lower public shareholding spread is 20%.

For companies with a market capitalisation of RM3 billion and above, the acceptable minimum lower public shareholding spread is 15%, according to Bursa.

Bursa said that under its public spread amendments, which will take effect from Monday (March 1, 2021), the quantitative and qualitative criteria include "the appropriateness and rationale of the application, including if there is sufficiency of liquidity, orderliness of trading of the securities, good corporate governance conduct and compliance records of the listed issuer/applicant and its directors, as well as reasonable justification necessitating the lower public spread".

Posted by PunTatBerSiul > 2021-02-23 19:34 | Report Abuse

Goalpost shifted for their benefit??

Posted by Laiks1970 > 2021-02-23 20:49 | Report Abuse

Abdul Wahid bin Omar is the non-executive chairman of Bursa Malaysia since 1 May 2020.

Tan Sri Abdul Wahid Omar, chairman of the special task force on Felda

Posted by dam82 > 2021-02-23 22:12 | Report Abuse

don't sell ... look at CPO price ..

Posted by Mabel > 2021-02-23 23:29 | Report Abuse

Can you share the link of the announcement?

Another U turn ka?

Posted by strattegist > 2021-02-24 07:56 | Report Abuse

enjoy good breakfast... have a cup of coffee

Posted by EVO118 > 2021-02-24 09:47 | Report Abuse

Bursa to consider applications for lower public shareholding spread at 15%-20%.
https://www.theedgemarkets.com/article/bursa-consider-application-lower-public-shareholding-spread-15

Posted by mikeazk > 2021-02-24 11:26 | Report Abuse

So is lowering good or bad for retailers?

Posted by EVO118 > 2021-02-24 11:38 | Report Abuse

Why would you accept a price lower than the market going price?

Posted by EVO118 > 2021-02-24 11:44 | Report Abuse

https://www.youtube.com/watch?v=erOE-vb5LQs

Posted by mikeazk > 2021-02-24 11:50 | Report Abuse

Sorry how does lowering public shareholding spread equates to accepting a lower market price?

Posted by newbie5354_ > 2021-02-24 13:27 | Report Abuse

Drop today meaning is bad news because FGV will remain listed?

Posted by newbie5354_ > 2021-02-24 13:28 | Report Abuse

U-turn policy why nobody complain?

Posted by Mabel > 2021-02-24 14:15 | Report Abuse

Please complain and keep writing...from the above link it is also stated that..

"The public spread amendments will promote greater transparency, as well as regulatory clarity and certainty on the policy considerations by the exchange in accepting a lower public spread.

"Notwithstanding the above, eligible listed issuers, and those granted with a lower public spread are strongly encouraged to maintain at least 25% public spread to promote wider participation of investors and a more liquid market," Bursa said.

Posted by EVO118 > 2021-02-24 14:17 | Report Abuse

It's got to do with the minimum required holding of shares. Refer to Mabel's posting:


Stock: [FGV]: FELDA GLOBAL VENTURES HOLDINGS BHD

Feb 12, 2021 7:06 PM | Report Abuse

Assuming sunday information are in order since it's coming from Maybank IB, here are the milestone for Felda to take it private.

1. Over 50% - a mandatory offer ceases to be conditional;

2. 75% - holder can ensure special resolutions are passed;

3. Over 75% - the minimum public floating required for companies listed on the stock exchange may not be satisfied;

4. 90% - generally, confers the ability to compulsorily acquire the remaining shares in the target company;

5. Over 90% - trading of the shares may be suspended by the stock exchange. The shares may also be de-listed by the stock exchange.

Hope this help. They only got 4 days to go.

Posted by EVO118 > 2021-02-24 14:24 | Report Abuse

This is Malaysia . Everything "BOLEH" if you want it. Just like the new SPV for the 5G spectrum, opportunity for more corruption and absolute waste of funds.

Posted by EVO118 > 2021-02-24 14:34 | Report Abuse

Same old corrupt politicians seeing an old opportunity. We will set up a govt dept, theyall hve to come to us individually. Well you look after me , I will look after you. " EASY - IT'S BEEN DONE BEFORE - ASK NAJIB."

Posted by strattegist > 2021-02-24 15:00 |

Post removed.Why?

Posted by strattegist > 2021-02-24 15:01 | Report Abuse

very thinly traded today..

Posted by strattegist > 2021-02-24 16:57 |

Post removed.Why?

Posted by Mabel > 2021-02-25 08:24 | Report Abuse

Substantial Shareholder's Shareholding - FELDA on 24-Feb-2021

Total no of securities after change
Direct (units) 2,192,569,688
Direct (%) 60.10
Indirect (units) 452,921,192
Indirect (%) 12.42
Total (units) 2,645,490,880
Total (%) 72.52
Date of Notice 24-Feb-2021

Total (units) by Felda Team is 2,645,490,880 shares
Total (%) 72.52%

Total (units) by Private Investors Team is 1,002,509,120
Total (%) by Private Investors 27.48%

Felda has 3 more trading days to go

Meow

Posted by EVO118 > 2021-02-25 08:33 | Report Abuse

Mabel. Thanks for the update.

Posted by Mabel > 2021-02-25 08:48 | Report Abuse

My pleasure EVO...

Hope they keep it listed. Felda still have to gain since now they have a bigger stakes.

Work in Team with all the shareholders just like DNEX. It's a WIN WIN situation for everyone.

Everybody prospers. Always remember, None of us is as smart as all of us.

Meow

Posted by csan > 2021-02-25 08:52 | Report Abuse

those trying to "fight" for higher price...thinking may be twisted. first of all, you have to ask yourself this question - what caused the share price to fall from IPO price of RM4.55 to RM1+ ?? The answer is mismanagement and corruption. and that happened when Felda didn't even have controlling stake. now imagine with 72% stake, Felda has total control...they can do what they want. If Wahid is still there to manage Felda, that's fine. The minute they change it to a politician, these dissenting shareholders will regret it big time.