markchan 10 posts | Posted by markchan > May 11, 2023 11:30 AM | Report Abuse when is the last day to sell? After take over the share still be there right? |
chin5675 56 posts | Posted by chin5675 > May 15, 2023 8:02 AM | Report Abuse yes how now? keep or sell? |
Johnzhang 2955 posts | Posted by Johnzhang > May 15, 2023 9:24 PM | Report Abuse Look out for the announcement that the takeover offer being declared unconditional. After the offer being declared unconditional, we still have at least 14 days to accept the takeover offer . Do you own analysis and make your own decision. |
rohank71 820 posts | Posted by rohank71 > May 15, 2023 11:44 PM | Report Abuse look like LTAT can't get 90%. better pile up as it can be another FGV. don't meet public spread and price fly high. |
rohank71 820 posts | Posted by rohank71 > May 15, 2023 11:47 PM | Report Abuse or drop first and than bounce... acceptance is too low. |
TheContrarian 8549 posts | Posted by TheContrarian > May 18, 2023 9:50 AM | Report Abuse Read that LTAT has crossed 90% and will be delisted. |
proudbeggar 9 posts | Posted by proudbeggar > May 18, 2023 10:15 AM | Report Abuse That means that they can compulsorily aquire the balance 10 % dissenting shareholders. Those who still hold Bstead shares now no need to do anything. https://www.nst.com.my/business/2023/05/910546/ltat-firmly-track-privatise-boustead-now-owns-over-90pct-stake |
proudbeggar 9 posts | Posted by proudbeggar > May 18, 2023 11:00 AM | Report Abuse Note that the offer has not yet become unconditional ( still conditional on the approval by regulatory authorities ). But very slim possibility that the whole offer could be withdrawn. |
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Kensington 154 posts | Posted by Kensington > May 18, 2023 3:55 PM | Report Abuse There are 2 very important dates we have to keep in mind, i.e. (i) 12 June 2023 the date on which the Offeror must fulfil the BNM Conditions, otherwise the Offer will lapse and (ii) 26 June 2023 on which the Offer will remain open if the BNM Conditions are fulfilled after the First Closing Date 22 May 2023. Of course there is a real risk that if the Offer will lapse then the market price of 85.5 sen per share cannot be sustained. |
chin5675 56 posts | Posted by chin5675 > May 19, 2023 11:46 AM | Report Abuse up |
TheContrarian 8549 posts | Posted by TheContrarian > May 21, 2023 5:04 PM | Report Abuse Cannot up. |
Lester Teow 50 posts | Posted by Lester Teow > May 24, 2023 8:21 AM | Report Abuse I am not going to sell, LTAT need Boustead to pay dividend then LTAT can pay their members every year. So i will maintain as Boustead shareholder as LTAT to receive dividend every year. Other company may have risk, but Boustead is bonded to pay dividend to LTAT |
Lester Teow 50 posts | Posted by Lester Teow > May 24, 2023 8:24 AM | Report Abuse IF you need your money then sell, because this money will be locked until they offer u to sell again |
proudbeggar 9 posts | Posted by proudbeggar > May 24, 2023 9:37 AM | Report Abuse Not sure if the 90 % compulsory acquisition rule applies to total number of shares in the company OR 90% of shares not held by LTAT at the time of offer ( which is 40 % or 27.2% ?) |
Lester Teow 50 posts | Posted by Lester Teow > May 24, 2023 10:16 AM | Report Abuse Now definitely will be delisted, you can't sell after that, think twice if you wanna hold |
Lester Teow 50 posts | Posted by Lester Teow > May 24, 2023 10:17 AM | Report Abuse there will be no higher offer price since alr exceeded 90% |
TheContrarian 8549 posts | Posted by TheContrarian > Jun 12, 2023 10:15 PM | Report Abuse Who still holding? |
proudbeggar 9 posts | Posted by proudbeggar > Jun 14, 2023 10:31 AM | Report Abuse SUSPENSION OF TRADING BOUSTEAD HOLDINGS BERHAD Kindly be advised that trading in the securities relating to Boustead Holdings Berhad will be suspended with effect from 9.00 a.m., Tuesday, 20 June 2023, pursuant to Paragraph 16.02(3) of the Main Market Listing Requirements |
TheContrarian 8549 posts | Posted by TheContrarian > Jun 14, 2023 3:36 PM | Report Abuse Still got people buying at 86 sen. |
DickyMe 14320 posts | Posted by DickyMe > Jun 23, 2023 12:37 PM | Report Abuse https://www.malaysiakini.com/news/669671 |
DickyMe 14320 posts | Posted by DickyMe > Jun 23, 2023 12:38 PM | Report Abuse As expected. |
BILLC 2026 posts | Posted by BILLC > Jun 23, 2023 4:05 PM | Report Abuse Jialat,,,Boustead pon kena tong tong chiang,,,wong fei hong sao tong,,,,wakakaka,,,, |
k3nthiew 508 posts | Posted by k3nthiew > Sep 15, 2023 10:46 AM | Report Abuse Hi, any existing bstead shareholder around?? |
k3nthiew 508 posts | Posted by k3nthiew > Sep 15, 2023 10:47 AM | Report Abuse May i know what happen during the egm on 9th Sep? |
k3nthiew 508 posts | Posted by k3nthiew > Sep 15, 2023 10:48 AM | Report Abuse Or any shareholder receive cash from bstead? |
Thinkerbell 6 posts | Posted by Thinkerbell > Sep 15, 2023 11:12 AM | Report Abuse They took away all your shares and bank in the amount but called it "Dividend Payment" š¤£ |
k3nthiew 508 posts | Posted by k3nthiew > Sep 15, 2023 11:17 AM | Report Abuse @Thinkerbell, you received the money? |
Thinkerbell 6 posts | Posted by Thinkerbell > Sep 16, 2023 7:41 AM | Report Abuse The offer price 0.855 was 33% below NTA of 1.28. Initially they called a few times asking if I wanted to sell which I said āNo not sellingā. Yes it was snatched away and they just deposited the amount into my bank account yesterday. When I first saw the amount in the bank account I was surprised and when I login to check it was humorously stated as āDividend payment Boustead Holdingsā. |