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  dompeilee Hehe...my strategy of dripping money into the mkt is working...only 1,500 bought so far, with small lots done @ 47.5c & 48c 16/11/2023 10:00 AM beluga "an implied price-to-book ratio ("P/B") of approximately 1.64 times based on the Total Consideration of USD58,000,918.69 (equivalent to approximately RM276.32 million based on exchange rate as at LPD)..." 16/11/2023 10:56 AM  paktua73 yaa loor Nicholas kena ribut woo waaa waaa nasib ada rescue boat B-57.. tapi jauh tu dia park at rm0.40.. hehehe tut tut waa waa kena rape kat N9 royal ship waa waa hehehe 16/11/2023 10:57 AM TheContrarian Because of the troublesome need to convene EGM for future acquisitions the major shareholders of MAA is considering to attempt to take MAA private again. :-) 16/11/2023 11:29 AM dompeilee Dripped more $ into MAA @ the 44.5c close...🤗 Pity those who chased @ 60c or higher & had to CUT, but if they chose to hold, they would be guaranteed to make $ within the next year at the very latest. 16/11/2023 5:01 PM Hippopotamuska Is the fundamental of MAA getting better with the disposal of its stake in Philippines general insurance? 19/12/2023 5:36 PM curiousq Prospect very bad? then why you buy so many? invest in velesto NG? heard going to sell asset, will get a lot of cash ..... 19/01/2024 1:45 PM TheContrarian I like to buy companies with bad prospects like Kuchai, SBagan, Affin and Insas. 19/01/2024 5:26 PM TheContrarian MAA disposal of its Philippines insurance subsidiary will give it how much gain? 27/01/2024 12:15 AM curiousq just now asked sifu, he said not velesto but knm, not sure knm is a good investment. sifu said no dividend after selling the Philippines insurance business 28/01/2024 11:29 AM MacDee34 TY forced MAA to buy 91 million KNM shares at double the market price with an immediate loss of RM 7,280,000 because TY made a personal deal with his friend to help him win the KNM EGM? How can the MAA shareholders absorb a loss like this without shareholder approval? I thought this was a public company. Can we hold the Board personally liable for this loss? how can Bursa allow this? Where is the SC? T. YAACOB VIA MAA PURCHASE OF 2.25% STAKE IN KNM ON 8.02.2024 Ref. is made to the 2.25% KNM stake purchase at double market price by T. Yaacob, equivalent to 91,000,000 KNM shares. This off-market deal at 0.165sen/share follows the announced intention to deal within a closed period (announced on 6.02.2024) and was made on 8.02.2024 with MAA Berhad (TY) increasing its stake in KNM at the same price paid in October 2023 by Datuk Seri Mahmood Taib, who entered as significant shareholder with a 5.06% stake, later reduced below the threshold amount of 5%. T. Yaacob was committed to buying back all of DS Mahmood shares at the same price paid by the latter. This deal represents for MAA a loss of 0.080 per share [0.165sen less 0.085sen]. 09/02/2024 8:08 PM spider68 However during the AGM Q & A session, the minority shareholders would not enquire about the KNM share purchase at double its market price but would rather enquire whether MAA would consider giving free door gifts during the next AGM. 09/02/2024 11:59 PM Cipta in the next AGM, shareholders should raise the question of risk management to safe guard company from expose to PN17 co by limiting the total investment or % of stake. 10/02/2024 7:35 AM ltlim74 Asset stripping. Cash from assets sold will be used to buy crap companies. 26/02/2024 9:44 AM Hippopotamuska Badly managed resulting in losses and not taking care of the shareholders' interest. Shameful. The board of directors should resign immediately and allow a more capable team to manage the company. 26/02/2024 5:12 PM SCM2023 Hippopotamuska, this expected to happen when they cannot privatize the company as some smart people blocked the deal. The only to eat the meat is to bite the meat slowly until it is gone. The same group of people cannot do anything now as they are not major shareholder. You can only watch the meat being beaten slowly and feel the pain 27/02/2024 8:27 AM Hippopotamuska Is there any regulatory body in Malaysia that will look into this matter? Really shameful to allow it to happen. Who is looking after the corporate government of the public listed companies? Who is taking care of the minority shareholders' interest? 27/02/2024 12:32 PM Hippopotamuska Is this a good thing for the shareholders of MAA? Should we celebrate or otherwise? 22/03/2024 9:10 AM  |
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