Trade Shares or Stocks in Bursa Malaysia

Credit Suisse explains EONCap valuation methods

Webmaster — Thu, 29 Jul 2010 23:44:06 +0000

EON Capital Bhd’s (EON Cap) independent adviser Credit Suisse Securities (M) Sdn Bhd used four methodologies to arrive at its opinion that the RM5.06bil takeover offer from Hong Leong Bank Bhd (HLB) for the former was “not fair from a financial perspective.” In a circular to shareholders on Wednesday, Credit Suisse said in evaluating the offer [...]

SC explained delayed listing of Focus Point

Webmaster — Wed, 28 Jul 2010 23:55:41 +0000

Delaying the listing of Focus Point Holdings Bhd is to clear uncertainties, says the Securities Commission (SC), but it is mum on whether it is satisfied with the company’s explanation. The country’s largest professional eye-care chain postponed its listing at the last minute on Tuesday following an anonymous complaint. It has refuted all of the allegations [...]

MEASAT going private

Webmaster — Wed, 28 Jul 2010 23:51:43 +0000

MEASAT Global Network Systems Sdn Bhd (MGNS) has launched a takeover of MEASAT GLOBAL BHD [] to acquire all the ordinary shares of 78 sen each not already held by MGNS at RM4.20 per share. “The board has deliberated on the Notice and does not intend to seek an alternative person to make a take-over offer [...]