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Maxis Implication?

Monday, April 30, 2007

My Dearest Moo Moo Cow,

Posted on Bloomberg News,
Billionaire Krishnan Offers to Buy All of Maxis

  • Ang Kok Heng, who manages $114 million, including Maxis shares, at Phillip Capital Management in Kuala Lumpur. ``For long term investors, it's going to be an opportunity lost because you have one less good company to invest in here.''

Ultimately this means that the minority investors would never be given a chance to being adequately compensated for the permanent withdrawal of a good investment opportunity.

So what's the point of investing in the share market if a company can list and de-list their company anyway and anyhow as they like?

Is this a fish market?

  • ``The Board of Directors of the company is currently studying the implications of the potential takeover,'' Maxis's Chief Executive Officer Jamaludin Ibrahim said in a statement.

My dearest Moo Moo Cow, I do HOPE these folks study the SERIOUS IMPLICATION here, not just for the sake of your group of companies but for the whole of Bursa Malaysia! If companies are allowed to list and de-list as per their own fancy, is there any justification left to invest in any stocks on the Bursa Malaysia?

My Moo Moo Cow, do you reckon that a stock market can exist without the investors or minority shareholders?

And if Maxis was to seek listing in a foreign companies, don't you think that the implication would be deadly serious, my dearest Moo Moo Cow?

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