There's no reason to maintain listing in Malaysia as the operations are wholly in Kazakhstan and the controlling shareholder is now from Hong Kong. It's a matter of the time before Reach is privatized.
Privatisation via VGO (Voluntary General Offer) like what LTAT did on Boustead. If proposed, the minimum offer price will be 20 sen, the price the shares were issued to them.
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....
newbie_2016
608 posts
Posted by newbie_2016 > 2023-04-18 07:11 | Report Abuse
@izoklse I tot the board has already denied the news? Unless Bursa query them again.