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based on my MnA experience, although the proceed and part of proceed has been converted to dividend of 7 cents sounds good, but in actual business world, if I am a buyer I will tend to pay less
to me a payment of dividends of 7 cents equivalent to near to 4 year profit from FnB might be too prudent , it might be more
in MnA transaction, all buyer wanted lower price but higher value and otherwise for seller
I have been seller and buyer side, so to me I am not very convinced for this MnA
can I know the announcement about the sale of FnB mentioned by you
few years ago I spoke to Alvin Ang personally on this when I proposed spin off and then separate listing of FnB either via organic listing or rto of a shell co
I am under the impression that sale is quite unlikely
spin off and separate listing to unlock value yeah this is highly possible
