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Dato Ong is a legendary dealmaker in the making within the corporate M&A - one that is aggressively buying when others are selling based on his track records. Not a surprise that he has acquired close to 5% stake in Aneka since others are selling their stakes. Wondering what are his plans for Aneka since its close to 5% stakes instead of low single digit percentage stakes.
Actually this Ong Choo Meng is purposely buy untill 4% something la, it is because once anyone reach 5% of share then have to disclose many thing, and also need to inform Bursa, so that why many big player like cold eye also say just buy untill 4.99%
Should be something relate to Solar or Construction sector, as Aneka got MOU with Samaiden, and Ong Choo Meng is also director of Pekat, or maybe Aneka will joint Chinhin to tender some construction project ? Now not many ppl realize this Ong Choo Meng and Chin Hin GM already in Aneka. Once market realize or any rumors suddenly come out, then it is very easy for Aneka to breakout 0.20
Not sure what his corporate development plans are for Aneka; Indonesia's solar renewable energy market is just one of them based on the JV with Samaiden. Surprisingly, top 30 shareholders are holding more than 80% of the shareholdings.
Chin Hin group GM + Ong Choo Meng + Aneka + Samaiden, must be something they plan to do. Once any rumours out then sure very easy rocket. Ya, top 30 hold more than 80%, so it is very easy to goreng, just go see those Ong Choo Meng stocks, ChinHin share price ........
Tan hong jie
I already bought this stock few months ago lo, u check back my previous comments then u will know when i buy this stock, so far luckily got earn little bit only , hehe.........
Thanks for the sharing, Hard Working. Your homework and follow up on Aneka is amazing. You are the first one to notice Dato Ong in the shareholding. Your selfless sharing made it possible for others to make gains from Aneka. Glad that you are making money too. Keep it up!