major shareholder

As of today, PBD's major Shareholder (FKP) is in a Trading Halt. FKP personnel also have strong representation on the PBD Board.
The Trading Halt may be a result of a pending announcement about a possible restructure.Some FKP shareholders have been expressing angst and impatience due to the huge gap in the FKP Share Price to their Net Tangable Assets.(Not unlike PBD!)
At this stage it is hard to determine the implications of FKP's Trading Halt to PBD.
From my reading of it,one anticipated result of the possible FKP restructure is a demerger between the more profitable Residential/care assets and services from the less profitable property development. A restructure of their property section may impact on PBD.