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RHB Investment Research Reports
ST Engineering - In-Line 9M24, Maintain Growth Expectations; Still BUY
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CEO Morning Brief
Singapore Ends Pursuit of Money Launderers Who Forfeited US$1.4 Bil
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CEO Morning Brief
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CEO Morning Brief
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CS Tan
4.9 / 5.0
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
LanSeeBoy
84 posts
Posted by LanSeeBoy > 2016-10-05 14:32 | Report Abuse
Honestly, what these major shareholders are doing ought to be investigated by the authorities. How can major shareholders make a publicly annc 'bou a strategic review by them (not the company) when there hasn't been approached by potential buyers. Clearly, they are doing this to churn up interest in the stock, leading to speculative jump in share price. Pre-announcement should only be made by the company when there has been an approach made by potential buyer or a formal appointment of IB made for sale (bid) process. Bad corporate governance and compliance.