findfreedom

They need agreement from shareholder to sell at least 90% of the share to change it unconditional offer. I believe they will send us agreement form for this.

3 weeks ago

Cipta

No worry. If there is resistance, the price will shoot over 11. Now it stays comfortable at a 4% discount which is slightly attractive to accept the offer. It is just a matter of time to complete the prevacation.

3 weeks ago

2Invest

Dear Kris;

Yes. IB(s) will do the job for them.

Current case is exactly the same like Litrak years back. I don't see any reason other Top30 shareholders not to let go.

3 weeks ago

Wong Yek Hon

Just receive a formal hardcopy notification from them. so we still have to wait for another agreement form ya?

3 weeks ago

findfreedom

@Wong Yek Hon
MAHB has received the notice of take-over offer (see MAHB report dated 16 May 2024) on Nov 22 and the offer document and acceptance form will be despatched within 21 days from the date of the notice. An independent advice circular from Hong Leong Investment Bank will be despatched within 10 days from the date of despatch of the offer document. Take note that the take-over offer is conditional upon 90% of valid acceptances. However, the offeror reserves the right to revise the level of the acceptance condition to a lower level.

3 weeks ago

2Invest

https://disclosure.bursamalaysia.com/FileAccess/apbursaweb/download?id=238405&name=EA_DS_ATTACHMENTS

Notice posted on 15/11/2024, 21 days will be end of this week.


Closing of the Offer
Where the Offer has become or is declared unconditional as to acceptances on a day falling on or before the 46th day from the Posting Date, the Offer will remain open for acceptances for at least 14 days from the date on which the Offer becomes and is declared unconditional which, in any event, shall not be later than the 60th day from the
Posting Date.

Where the Offer has become or is declared unconditional as to acceptances on any day after the 46th day from the Posting Date, the Offer will remain open for acceptances for at least 14 days from the date on which the Offer becomes and is declared unconditional which, in any event, shall not be later than the 74th day from the Posting
Date.

2 weeks ago

AnthonyAng666

Key issues Khazanah-led consortium will have to fix at MAHB post-privatisation. In the progress ...

https://theedgemalaysia.com/node/735394

2 weeks ago

findfreedom

Offer document is available.

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3507132

2 weeks ago

Noni

If accept, how long will they take to pay us back? Next year?

2 weeks ago

AnthonyAng666

After 8 Jan 25

1 week ago

kpchia

The payment upon acceptance will be posted to us by cheque or will it be banked into our securities bank/ settlement account?

1 week ago

chickenriceseller

this nonsense bursa, can submit the acceptance form online but i still need to submit the transfer form to my broker. bugger apa nonsense la bursa damn paliah.

1 week ago

Kuli99

Ya I just realised still need transfer form from broker. Need to go visit broker 😥

1 week ago

Kris Wong

Ya definitely not user friendly to do the share transfer, cannot use the Bursa Anywhere App also, need to go to broker office personally to do transfer. Really troublesome to do acceptance despite current available technology. Bursa Malaysia/Airport should look into this immediately to expedite acceptance !!!

1 week ago

findfreedom

Just don't submit and wait until mandatory offer. Unless you are BIG investor. :p

1 week ago

Kuli99

What would happen if we didn't reply until after deadline?

1 week ago

Kuli99

Will it be auto with mandatory takeover offer?

1 week ago

findfreedom

Do u guys receive any call regarding this?

1 week ago

Noni

What kind of call?
No calls for me

1 week ago

findfreedom

From Boardroom Share Registrars. I think some kind of survey if I will agree for the offer.

1 week ago

findfreedom

My phone identified the number as spam but checking on internet show it is really Boardroom Share Registrars number.

1 week ago

findfreedom

So anyone else received the call?

6 days ago

Cipta

if you didnt reply by acceptance, it will be treated as Not accept the offer.

6 days ago

findfreedom

If conditional offer (now) acceptance is at least 90% then this will become mandatory offer where you basically do not have to do anything to accept the offer. (U cannot say no, anyway). On the other hand, if the conditional offer is not meeting 90% then the deal is basically off. Your choice. 😉

5 days ago

Syndicates

die lah. non interested director call to reject offer. how to get 90%?

3 days ago

findfreedom

"Not fair and not reasonable" mean adjust the offer price higher? lol

3 days ago

Syndicates

mean price will go up above rm11 in future

3 days ago

curiousq

what;s happened?

3 days ago

findfreedom

Can also mean 90% not meet, privatization off. lol

3 days ago

curiousq

10.26 ???

3 days ago

findfreedom

Panic selling..

3 days ago

Kris Wong

Friendly parties buying on behalf of Consortium now?

3 days ago

hw0706

Wait and see

3 days ago

curiousq

reversed and back to origin 😵

3 days ago

hw0706

10.60

3 days ago

Kris Wong

After overcome some many hurdles, need to now settle independent directors omen, hope friendly parties will buy enough shares to pass 90% acceptance on behalf of the consortium !!!

3 days ago

hw0706

Of the deal is void than will go back to below 9.00 at least

3 days ago

Cipta

i received call about 5pm today from Share Registrar asking whether i receive the form of acceptance or not. First time received such call, seen the offeror is nervous today. ^_^

2 days ago

Noni

Cipta, you must be holding a lot of shares to receive such call.
Even my broker won't call me, because i have so little.

2 days ago

findfreedom

@Cipta is a random call, I received it few days ago.. I got ask here.

2 days ago

Kris Wong

Talk is cheap, ask the independent directors to get another counter offer above RM11 !!!

1 day ago

findfreedom

lol. What happen if offer price adjust, U insist to take RM11 only?

1 day ago

Kris Wong

LOL What make u think price to adjust given the latest reasons given by the offerors to counter the opinions of the independent directors why the RM11 is reasonable ? Why should any sensible one take less if the price adjust given that pg 26 Item 6 of the Offer Document clearly stated if the Offerors increase the price, all holders who accepted the offer will be paid the revised price !!!

20 hours ago

findfreedom

LOL. No need to fend up by quoting the docs. What I want to say is there is no need to be pissed with the independent directors. They are negotiating for a better offer.

16 hours ago

Kris Wong

LOL No, how to u conclude that they are negotiating for better offer for shareholders when they are recommending to reject the offer. That the why the initial reaction to their opinion with price gap down with much uncertainty of the success of the takeover offer now !!!

9 hours ago

Zairil

Well they should take the offer finally and get it over with. Time for some improvements to our airport infrastructure aswell, and this investment will help with that. Its about time

9 hours ago

Shahrilkarim

Early christmas present, price better than historic price. experts also said the offer is reasonable

8 hours ago

hw0706

wait for price down to 8.00

8 hours ago

Cipta

i applaud the independent directors who brave to speak on behalf of minority interest despite it is against Khazanah and gov will. Kudus to Airport for appointing independent who is really independent and professional n always put minority in first place. Unlike many independent directors in the market who flatter major shareholders or just walk away when things get sour.

6 hours ago

Karlos

Fully agreed with Cipta view on Airport independent directors ! Almost all the so called independent directors never dare to give an independent views and always agreed with the controlling shareholders.

1 hour ago