Still need a lot of work on my portfolio watchlist, looking to include shares from other developed nations. I'm paying off the balance transfer faster than I would and maybe do another one using Maybank.
- Sell M1 at 2.11
- Reasons
- Keppel Corp and SPH have formed a joint ventured company, Konnectivity Pte Ltd, to attain 33.27% combined shares of M1. The company made a voluntary general offer price of $2.06 for each share of M1 not owned by them in order to gain majority control so that they can lead the restructuring of M1. Axiata, the next largest shareholder, mentioned that they are considering to reject the offer. Konnectivity requires only an addition 16.73% shares to hold more than 50% of M1 with majority control. In order to make a counter general offer, Axiata will first have to increase ...
