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| Good many years here. Will it re-list? |
It's time to say goodbye, Mr Yeo Hiap Seng.
Return thee to Singapore where you hail from.
Today is the last time the minority shareholders sat in conference with YHS(M) Board of Directors.
They gave their reasons for going private which is acceptable.
Mainly it is because they do not need any cash call and can expand on their own. Moreover, they are expanding and going into higher capex which may see loans coming into the equation.
Based o n a 5-year analysis, the average price was RM1.60+. So swapping the YHS share at RM3.60 will be a great one for shareholders to exit.
They gave away 24 packets of chrysanthemum flower and lohanko drinks.
Lunch was not too good.
As usual, the AGM crowd were rushing to grab the food like the rats at my SEAPARK market....
Tut! Tut! Shame! Shame!
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