No I doubt it, just a poorly written statement. The other Associates provided the RM7.93 million. Goes to show how much CMSB will lose when selling their stake in OM Sarawak.
I think CMSB made a poor decision to sell the 25% stake, but its a bonus for OMH shareholders. The 25% stake actually means that OMH will get 33.33% more profit than before.
Ann: OM Materials (S) Pte Ltd Private Bond Issue up to A$30.9m, page-21
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Last
39.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $298.8M | |||
| Open | High | Low | Value | Volume |
| 38.5¢ | 39.0¢ | 38.5¢ | $1.082K | 2.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 100000 | 38.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 39.0¢ | 3800 | 1 |
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