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$Taiwan Semiconductor (TSM.US)$
10% today? cough*

$Taiwan Semiconductor (TSM.US)$
are we going down..

$PBBANK (1295.MY)$My signal came out early, making a profit by selling early.

Corporate activities faced market resistance, both PBBANK and LPI stocks dropped 3% in the morning session.
(Kuala Lumpur 11th news) The market has a negative view of Public Bank. $PBBANK (1295.MY)$ and RHB $LPI (8621.MY)$The stocks of both companies announced in the event yesterday opened lower with a gap down, falling by around 3%.
As of 9:30 am, Public Bank was trading at 4.42 ringgit, down 15 cents or 3.28%, hovering at low levels in the morning.
The share price of RHB acquired at a low price fluctuates more intensely, down 38 cents or 2.92% as of 9:30 am, trading at 12.62 ringgit.
Public Bank and RHB had halted trading for two days earlier and announced an acquisition plan yesterday. Public Bank offered 1.7 billion ringgit to acquire a 44.15% stake in RHB from the late founder and major shareholder, the family of the late Tan Sri The Hong Pee.
The acquisition price of 9.80 ringgit per share is 25% cheaper than the market price, triggering market reluctance.
On the other hand, the Tansri family also announced a gradual reduction of their stake in Public Bank to 10% within 5 years to comply with national regulations.
According to the annual report of Public Banks, the Zheng family currently holds 21.64% of the shares of Public Banks; the 11.64% of shares they have sold will be worth more than 10 billion ringgit.
Source of information: Nanyang Business Daily
Disclaimer: This content is for reference and education purposes only, and does not constitute any specific investment, investment strategy, or recommendation. Readers should bear any risks caused by relying on this content themselves...

$PERTAMA (8532.MY)$
Have fun guys I'm out