Our website is made possible by displaying non-intrusive online advertisements to our visitors.
Please consider supporting us by disabling or pausing your ad blocker.
yes, anyone here still holding and didn't sell during privatisation? I have 1 lot which I didn't sell and I received a dividend a few months ago. does anyone here knows if there's a place we can find information ccb's next dividend?
i m thinking to die die hold even after delisting. i m feeling frustrated with sb using present rule and regulations to suppress minority..
what is your thought?
An offer to finally buy out all remaining shareholders will come a few days after June 4, an anniversary of last year’s failed privatization. Pretty sure Jardine will pay at least $3.00 to convince open road to support their bid. A check of the latest Annual Report shows that Open Road’s associate Jingshi Holdings is the second largest shareholder after Jardine
Definitely minority is the winner. CCB forced to buy back at old price RM 2.40 on open market. The rule is when they offer a takeover offer, it cannot be lower than the highest price they paid in the 6 months preceding the offer date. I am not sure if they can request for voluntary delisting because minority shareholders can shoot down easily. My guess is they will buy up to 89.99%, then launch takeover at minimum RM 2.40, then withdraw listing.
