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Overview
Financial Highlight
Headlines
Business Background JT International Berhad (JTI Malaysia) is a Malaysia-based investment holding company. The Company, through its subsidiaries, is engaged in the manufacture, marketing and sale of tobacco products. JTI Malaysia manufactures the cigarette brands Winston, Mild Seven, Camel and Salem. It has nine state sales offices throughout Malaysia. Manufacturing facilities are located in Selangor, while its leaf and stemmery operations are located in Kelantan. In addition, JTI Malaysia has leaf offices in Sabah and Kelantan. The Company's direct subsidiaries are JT International Tobacco Sdn. Bhd. and JT International Trading Sdn. Bhd.
 Be the first to like this.   L. C. Chong JTINTER Analysis – http://lcchong.wordpress.com/2013/11/24/jtinterfundamental-analysis-24-nov-2013/ 24/11/2013 9:50 PM L. C. Chong JTINTER analysis - http://lcchong.wordpress.com/2014/02/26/jtinterfundamental-analysis-26-feb-2014/ 26/02/2014 2:20 PM kenrixx 2011-2013, average dividend 52cents while average price is rm6.5.....8%...more than asb/epf ...mayb best time to buy 29/03/2014 3:55 PM HJey Sigh, RM7.80 takeover offer. I need to take a puff to release my frustration 31/03/2014 10:41 PM calvinwky168 ryei, who told u it will delist at 7.80 sharp, unless ur god or the oracle of omaha. There's 28 remaining days till offer expire. The incoming days will be interesting. 7.80/share is proposed. read proposed. So, if the remaining 3+.++% shareholder don't want to dispose, JTIH have to go for go or mgo, depends on how much they accumulate in open mart and comply with bursa rules. I didn't see volume where EPF and KWAP has disposed significantly or otherwise. together, both have about 14.++% shares. For me, I shall wait for EGM, then only decide to cash out or not. who knows maybe epf and kwap nego for a higher offer. for a small fish like me in the big ocean, better to follow big fish that don't want to eat me. hehe.. 01/04/2014 12:57 PM jpleow For take-over offer like this, there is no EGM since it is not via selective capital reduction (SCR). The most important thing is the acceptance level. The offer is conditional upon minimum acceptance level of 90% (section 4.3 of announcement). However, they reserve the right to revise the condition to lower acceptance level or remove the acceptance condition. It is better to wait for the offer to become unconditional before you accept by doing CDS transfer & send back the forms. Otherwise it may be aborted if the condition is not met. 02/04/2014 6:16 PM L. C. Chong JTINTER analysis - http://lcchong.wordpress.com/2014/04/02/jtinterfundamental-analysis-2-apr-2014/ 02/04/2014 7:53 PM oasischeah no more volume for this share now. Investors are not willing to sell it because most of them are rich people like EPF. 03/04/2014 10:21 AM oasischeah What should we do with the items sent from JTinter singed by the director? Anyone knows?? 10/04/2014 12:24 PM jpleow Are you referring to the “RECEIPT OF NOTICE OF CONDITIONAL TAKE-OVER OFFER”? It is only to inform you that the company has received the take-over offer. The offer document (forms, etc) will be posted to you within 21 days. 13/04/2014 4:04 PM oasischeah JPLeow - Thank you for the information. Do we have to reply and return the documents when it is posted to us. Thanks. 15/04/2014 10:07 AM oasischeah Yes, The company should consider giving us the due dividend before "Take Over". 16/04/2014 8:49 PM jpleow Hate to spoil your mood, but: In section 4.1(b) of announcement dated 31/3/14: "... pays any dividend ..., the offeror may reduce the offer price by amount equivalent ...." 17/04/2014 7:29 PM oasischeah Sometimes I wonder, why got people buying at RM7.74 when take over price is RM7.80? Or is it the takeover company buying up slowly as long as it is below RM7.80? 25/04/2014 9:55 AM oasischeah Received some option forms and is not sure what to do with it. Can some one with experience give some opinion. thank you. 29/04/2014 8:48 PM jpleow To accept the offer, you need to go to the CDS department of your broker to do a CDS transfer first, after that you need to send back the transfer receipt together with the completed 'form of acceptance & transfer' to the offeror. My advice is to wait for the offer to become unconditional before you proceed. 03/05/2014 4:03 PM lim90210 In 'form of acceptance & transfer', Any idea where can i get the 'Transfer Reference No.'? Thanks! 19/05/2014 4:25 PM jpleow After you did the CDS transfer to the offeror then you'll get the 'Transfer Reference No.'. See my comments on 3/5/14. 20/05/2014 9:59 AM jpleow Offer price is revised to RM8.20 http://www.bursamalaysia.com/market/listed-companies/company-announcements/1629289 "Holders of the Offer Shares who have accepted the Offer at the original offer price of RM7.80 per Offer Share will be entitled to receive the revised cash consideration of RM8.20 per Offer Share under the Revised Offer." 21/05/2014 7:47 PM oasischeah Can anyone let me know how long do you have to wait for the cheque after you have signed and returned the tranfer forms? 22/05/2014 11:45 AM jpleow See 21/5/14 announcement - Press Notice, pg 4, section 2.6 'Method of Settlement' (b) & (c). http://announcements.bursamalaysia.com/EDMS/edmsweb.nsf/all/2BB0F3A531599AD548257CDF003D584F/$File/Press%20Notice_Revised%20Offer%20(210514).pdf 22/05/2014 7:59 PM |
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