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.
Sanston Financial HK Ltd by Asiabio holding 25.38%. There is 2 Credit Suisse accounts. 1 link to Credit Suisse AG, Dublin Branch. Another Credit Suisse (Hong Kong) Ltd (Credit Suisse HK) both under HSBC Nominees (Asing) SDN Bhd accounts. As UBS AG nominees Citigroup Nominees (Asing) SDN BHD which is turn holding the shares for Maybank Kim Eng Singapore Pte Ltd.
Dennis, I totally agreed with you. No so simple & I don’t want to pour cold water on optimism investors. If we dig deeper both Fintec & Asiabio do have relationships who hold total 51% Focus’s equity
The daily queues sell or buy volumes does not reflect actual true pictures. Same guy controlling both tradings. Every one knew it’s Credit Suisse selling & buying but my question is why they trading in such manner with prices drops by -392%. Not only hurting them but affecting everyone. Why?
Based on 20/4/21 equity holding by major shareholders- 1) Credit Suisse, Dublin = 6.6% ; 2) Credit Suisse, Zurich = 6.63%; UBS, Zurich & London = 10.8%; 3) Fintec = 25.62%; 4) Asiabio = 25.38%. TOTAL MAJOR SHAREHOLDERS = 75.03%! Why 3 weeks tradings severely drops prices? Big boy should sit down & block shares sale among major shareholders rather than internal sabotage the share price. At the end is all LOSE , LOSE!
Rizal, based on this few days heavy vol. & prices, it’s better to understand & trade cautiously. Why all major shareholders want to lose, lose? It’s huge price drop this 3 weeks. Based on today’s tradings I think next week will be similar or may further drops. Maybe I’m wrong! Sorry
Dave, it’s good you ask this question but it’s lengthy explanation. It’s better you go to google for the details answer you may be looking for what is Conversion of Irredeemable Convertible Preference Shares. Anyway no harm we shared...
