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Company net asset already worth RM3.83. Why want to do stake sales since share price just rm1.58? Even takeover at rm2.60 Tan Sri still benefit from it.
Have you see any proton car around compared to Serba? Puspakom and so on? Serba is charged for furnishing false statement to Bursa. Totally different case dude.
Hearsay rumours Geely through Linkstate will joint force with Syed Mokhtar. Don't forget the Net Tangible Asset is RM3.83. What would be the offer price? It must be reasonable. Share price now RM1.74. Still got plenty of room for further upside.
The speculation is that Geely’s listing plan might include raising its stake in Proton Holdings and taking part in an IPO of one of Geely’s units. To do that, Syed Mokhtar might first take DRB-Hicom private since the parent of Proton Holdings is largely undervalued.
