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Xlg... Still dreaming. There will NOT be another offer. Its straight off EGM reso for voluntary delisting. It only need 75% shareholder approval. LKT alrdy have 73+%. His mahjong kaki will handle the balance. Its now a matter of how they settle the mahjong debt later. Ikan bilis have no say.
With 73%...LKT will propose a reso for voluntary delisting. As per regulation, this special reso in EGM require 75% shareholders approval. He alrdy got 73% and remaining 2% is already in the hands of his mahjong kaki. They will vote to agree. After delisting, how much he willing to pay and buy that 2% is personal matter. Other ikan bilis, you can go look for other buyer that will buy at your desired price. Good luck!!!!
@mk wong, why r u here again?now the price stil above 2++, and u said u will come back after drip below 2 right?additionally, ur fact is incomplete and missleading, afte LKT propose voluntary delisting, need EGM and as long as more than 40% of the remaining shareholder (10% out of 25%) reject it, this proposal is rejected, i pretty sure alot of ppl told u this fact previously, u r just ignore other fact and provide incomplete info here with ur own agenda, becareful of this guy
MK Wong, I no need to prove to you whether I am empty can. You can always assume those against you is empty can. It is no harm to us. Johnny already shared the link of facts. Hahahaha......
@johmny...cos I miss u. Your fact...told u long ago. that whatever % needed for EGM is being taken care of by LKT mahjong kaki.
@xlg..institutional investor won't touch this country. Ikan bilis still dream of RM3. The 73++++% are not selling. Go learn about demand and supply la.
@mk wong u just share the misleading information, then u challenge ppl show fact, now ppl show fact, then u bring ppl pusing garden when the fact not side u,haha
@mk wong theory? this is minor shareholder right according to LAW! u r just zombie hired by u so called "mahjong kaki" to try to create panic here so tat minor shareholder will sell to ur boss without knowing their right, u know the 10% rule, but u purposely not share it to minor shareholder, until someone share out, then u said this is theory?
@mk wong as long as more than 10% shareholder same like me, know our minor shareholder right and not scared by ur misleading info, then LKT cant do anything, this is the current actual practice scenario, and it is what happening NOW, else LKT already successfully privatise
@mk wong, u r not holding any genm share, u share misleading info here, not share useful info to minor shareholder, everyone know ur purpose here, just come back when price drop below 2 as u promised, please
Even if delisting reso fail.. There would still be no future dividend and legal ways to extract profit from GenM. Ikan bilis are still cooked. Keep holding to your right and dreaming of RM3. I didn't even want to mention the regulations cos I know about the legal loophole there. It only look good by theory but actual scenario make it useless.
@mk wong i tell u many many time already, if no dividend to genm holder, gent holder also cant get any dividend, gent shareholder will give pressure to LKT to give dividend, LKT himself also wan to get dividend, no point he dont give dividend in future, until 1 dya, he will release the dividend, i know u will say he mayb got other way to extract the profit for himself, if like this gent shareholder also cant get any dividend, gent holder will give pressure to him in this case
@mk wong u dint mentioned not cause loophole, is u dont want to share the minor shareholder right to other minor shareholder here with ur own agenda, just share all the info and let minor shareholder to decide themselve, u just share biased info