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GCE’s voluntary withdrawal - A done deal for minority shareholders?

Shareholders of Grand Central Enterprises Bhd (GCE) will congregate on 13 September 2024 to decide the fate of the Proposed Withdrawal of GCE’s listing from the Bursa Malaysia. If successful, this deal would be another “not fair but reasonable” privatisation offer, echoing similar sentiments from previous privatisation exercises.

MPHB Capital’s privatisation - To accept or not accept?

Since the Proposed SCR was announced by MPHB on 28 May 2024, MSWG received numerous concerns and feedback from its minority shareholders regarding the offer price of RM1.70, which is at a steep discount to the NAV of the Company. Shareholders are advised to deliberate the proposal and exercise their voting rights during the upcoming EGM on 6 September 2024.

Business diversification: Path to growth or pitfall?

The success of diversification lies on how well it is planned, executed, and managed. Companies should cautiously approach diversification, carefully assessing the risks and opportunities before venturing into new territories.

10 Days Too Late: Icon Offshore's Disclosure Dilemma

Minority shareholders should be mindful of PLCs with a history of delayed disclosures, as this reflects poorly on their corporate governance practices. PLCs and their directors must uphold the principles of full, fair, and timely public disclosure
of any material information.