Interesting tidbit released by BJC today, their IFA has advised that shareholders should reject the transaction for multiple reasons (see below). I doubt that this will derail the acquisition but interesting to note nonetheless. 1) Risk concerning the loan financing and money transfer to Metro Vietnam’s Capital Account in advance for the whole amount of EUR 655 […]
Read More →The Securities and Exchange Commission filed a criminal complaint on Monday with the Department of Special Investigation (DSI) against Rich Asia Steel executive Angkakarn Tantiviroon and two former executives of United Securities for Rich share manipulation. Previously, Mr Porntep and Ms Arada were named in a share manipulation criminal complaint of Metro Star Property, Thai […]
Read More →Notable Transactions Buy(s) – THB 1.19bn AH, BGH, BLAND, EPCO, GFM, IHL, MAX, NMG, PAE, PM, POST, PS, TFD, TTA Sell(s) – THB 1.22bn BGH, GFM, IRCP, METRO, NIPPON, PS, ROCK, SAMTEL, TTA
Read More →Notable transactions Buy(s) THB 134 mn MAX – Chairman decides to buy THB 70 mn worth of shares, over 10% of the market cap, wonder what the story is with this steel co. NMG – Vice Chairman obviously believes in the digital story for NMG Sell(s) THB 746 mn BGH – Rare sale of shares […]
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