$LPI (8621.MY)$ Shareholder replacement: Today is just the d...
$LPI (8621.MY)$ Shareholder replacement: Today is just the descendant Tan Sri Zheng's instructions on how to handle the inheritance. $PBBANK (1295.MY)$ There are no plans for a comprehensive acquisition and privatization, although according to regulations, acquiring more than 33% requires initiating a takeover proposal, but it must then reach 50%+1 to enter the next acquisition milestone. Sonpo Japan also holds approximately 8.5% of the shares, and with a relatively high stock price, there are relatively few retail investors.
After all, the banks are already major shareholders, so a decline in the stock price would only harm their own interests. Today's press conference of the Zheng family is just to explain post-event matters, retail investors should not overanalyze. I hold shares myself. $LPI (8621.MY)$ Dividend-paying stocks are high-quality stocks, so I will do my best to buy them cheaply.
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