[theold]

Tradeview Capital Sdn Bhd portfolio manager Ng Tzyy Loon said the RM2.35 offer price – representing a 9.8% premium over Genting Malaysia’s last traded price of RM2.14 – may be deemed unfair for investors who have held the stock for years at higher prices of RM3 to RM5.

In a filing with the local bourse yesterday, Genting Bhd announced its plans to buy out and delist Genting Malaysia in a deal worth RM6.7bil. The offer to minority shareholders is equivalent to RM2.35 per share.

“Looking at the company’s book value, it did not seem worthwhile to privatise unless it was cheaply discounted. However, if you look at the company as a whole, its intrinsic value has been declining day by day – so whether they do it now or later, there is not much difference,” he said.

https://www.thestar.com.my/business/busi...reasonable

[Niubee]

Tradeview Capital Sdn Bhd portfolio manager Ng Tzyy Loon said the RM2.35 offer price – representing a 9.8% premium over Genting Malaysia’s last traded price of RM2.14 – may be deemed unfair for investors who have held the stock for years at higher prices of RM3 to RM5.

In a filing with the local bourse yesterday, Genting Bhd announced its plans to buy out and delist Genting Malaysia in a deal worth RM6.7bil. The offer to minority shareholders is equivalent to RM2.35 per share.

“Looking at the company’s book value, it did not seem worthwhile to privatise unless it was cheaply discounted. However, if you look at the company as a whole, its intrinsic value has been declining day by day – so whether they do it now or later, there is not much difference,” he said.

https://www.thestar.com.my/business/busi...reasonable

This the one u been barking for? 🐕🐶

[Gstalk]

This one Islamist cannot buy?

Therefore low trade