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debts are not a bad thing , as long the debts are to generate income and able to serve the debts , dont understand why everyone so scared of debts..example you earning 10k , your self commitments 5k and you buy investment house for 4k monthly to generate income 3k monthly...is the debt high compare with your income ? yes but you have the asset and recurring 3k rental...so chill guys...be greedy when everyone scared and scared when everyone is greedy...now everyone scared of genting ,so its time to accumulate
treasury shares of 5% already in pocket , so genting holds almost 68-69% now ...only need another 5% ...even if unable to get it , they should able get it in open market later on....nothing says Gent cant purchase genm beyond 1st december...delisting will 100% happen , whether on 1st december or on a later date when gent slowing accumulates the balance 5%
why no one realized the fact the since genting bought more than 2% of shares in past 6 months at prices not more than 2.35 , the offer now become mandatory offer .Meaning it is clear cut the take offer will become successfull , like it or not genm shareholders need to sell it.