Hong Leong Capital

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#1
It is not always controlling shareholder win, minority shareholders also have a say Tongue

Malaysian tycoon fails to take Hong Leong Capital private

KUALA LUMPUR — Malaysia’s Hong Leong Financial Group, controlled by the country’s sixth richest man Quek Leng Chan, has failed to take its 79 per-cent-owned investment banking arm Hong Leong Capital Bhd private as shareholders hold out for a better offer.

Hong Leong Financial told the stock exchange late yesterday that it acquired only a 2.24 per cent stake, or 5.5 million shares, during the offer period, bringing its total ownership in the investment bank to just 81.3 percent.

http://www.todayonline.com/business/mala...al-private
“夏则资皮,冬则资纱,旱则资船,水则资车” - 范蠡
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#2
Can QLC extend the offer period like what many did for their offer ?
(Thai group for FNN , SC ofr SC Global.)
“risk comes from not knowing what you’re doing.”
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