Mittchell
liked
Rumor has it that the signing of today's deal was postponed and Shazhou's acquisition of Effen Holdings changed?
(KUALA LUMPUR 19th) It was originally scheduled to be signed by the Shazhou Government and the Armed Forces Foundation Authority (LTAT) today $AFFIN(5185.MY$ Effen Holdings' equity transaction agreement ceremony, sources revealed that it has been postponed.
“The Edge” today quoted sources as saying that the Sarawak side has delayed the signing ceremony in order to confirm some of the conditions set by the National Bank of China for the relevant exchange.
However, sources indicated that both parties to the deal will still sign a Memorandum of Understanding (MOU) today. According to information, Shazhou Prime Minister Tan Sri Abon Zohari and some senior state officials have arrived in Kuala Lumpur.
“They originally expected to come to Kuala Lumpur to sign a formal transaction agreement, but now they have signed a memorandum of understanding.”
According to earlier media reports, the Sarawak government intends to acquire a large number of shares in Effen Holdings from LTAT and increase its shareholding from the current 4.8% to 30% in one go.
After completing the deal, the Shazhou government will surpass LTAT and become the largest shareholder of Effen Holdings.
The deal requires approval from the Bank of China, and “The Edge” also quoted sources on July 1, saying that the Bank of China has conditionally approved the deal.
“It's still unclear what the relevant conditions are, but I don't expect that to cause the deal to collapse. “The Edge” learned that the Bank of China has no opinion on the Shazhou government increasing its holdings of Effen Holdings to 30%, making it the largest shareholder.”
An unnamed industry insider...
(KUALA LUMPUR 19th) It was originally scheduled to be signed by the Shazhou Government and the Armed Forces Foundation Authority (LTAT) today $AFFIN(5185.MY$ Effen Holdings' equity transaction agreement ceremony, sources revealed that it has been postponed.
“The Edge” today quoted sources as saying that the Sarawak side has delayed the signing ceremony in order to confirm some of the conditions set by the National Bank of China for the relevant exchange.
However, sources indicated that both parties to the deal will still sign a Memorandum of Understanding (MOU) today. According to information, Shazhou Prime Minister Tan Sri Abon Zohari and some senior state officials have arrived in Kuala Lumpur.
“They originally expected to come to Kuala Lumpur to sign a formal transaction agreement, but now they have signed a memorandum of understanding.”
According to earlier media reports, the Sarawak government intends to acquire a large number of shares in Effen Holdings from LTAT and increase its shareholding from the current 4.8% to 30% in one go.
After completing the deal, the Shazhou government will surpass LTAT and become the largest shareholder of Effen Holdings.
The deal requires approval from the Bank of China, and “The Edge” also quoted sources on July 1, saying that the Bank of China has conditionally approved the deal.
“It's still unclear what the relevant conditions are, but I don't expect that to cause the deal to collapse. “The Edge” learned that the Bank of China has no opinion on the Shazhou government increasing its holdings of Effen Holdings to 30%, making it the largest shareholder.”
An unnamed industry insider...
Translated
25
Mittchell
liked
Microsoft Global Crash Suspected Cybersecurity Company System Updates Out of Package
(Sydney, 19th) Computer networks in many parts of the world experienced connectivity problems on the 19th. The headquarters is an American computer security technology company. $CrowdStrike(CRWD.US$ Large-scale disruptions caused $Microsoft(MSFT.US$ Microsoft's global Microsoft Windows system (Microsoft Windows) has been paralyzed, affecting the operation of markets and social systems on a large scale. Electronic system accidents have occurred in countries and regions such as the United States, Hong Kong, Singapore, Japan, Australia, and Taiwan.
According to comprehensive foreign media reports, the Microsoft system broke out in a global crash at around 1:19 p.m. on the 19th. Many netizens reported that PTT, US Reddit, and X platforms all poured into extensive discussions. Many people shouted directly for the blue screen of the system. Many companies in Japan have already directly shut down. The Microsoft system failure also caused the US low-cost airline Frontier Airlines and other small low-cost airline companies to stop flying.
Many netizens are crying out for not being able to use Microsoft-related software, such as tools such as Microsoft 365, and some even had a “blue screen error (blue screen)” directly after updating the operating system, calling “You can announce your own vacation.”
According to a report by Windows Latest, the culprit that caused the Microsoft Windows system crash and even the blue screen error was not a minor...
(Sydney, 19th) Computer networks in many parts of the world experienced connectivity problems on the 19th. The headquarters is an American computer security technology company. $CrowdStrike(CRWD.US$ Large-scale disruptions caused $Microsoft(MSFT.US$ Microsoft's global Microsoft Windows system (Microsoft Windows) has been paralyzed, affecting the operation of markets and social systems on a large scale. Electronic system accidents have occurred in countries and regions such as the United States, Hong Kong, Singapore, Japan, Australia, and Taiwan.
According to comprehensive foreign media reports, the Microsoft system broke out in a global crash at around 1:19 p.m. on the 19th. Many netizens reported that PTT, US Reddit, and X platforms all poured into extensive discussions. Many people shouted directly for the blue screen of the system. Many companies in Japan have already directly shut down. The Microsoft system failure also caused the US low-cost airline Frontier Airlines and other small low-cost airline companies to stop flying.
Many netizens are crying out for not being able to use Microsoft-related software, such as tools such as Microsoft 365, and some even had a “blue screen error (blue screen)” directly after updating the operating system, calling “You can announce your own vacation.”
According to a report by Windows Latest, the culprit that caused the Microsoft Windows system crash and even the blue screen error was not a minor...
Translated
32
Mittchell
liked
$SunPower (SPWR.US)$ Don't try to catch a falling knife. This will slide further to below $1. More pain is yet to come for this stock. I don't see any reveral in the near term. I shall re-analyse this stock after Q3. I am bearish, but no short.
My research and analysis are not advice or recommendations. It's for information and knowledge purposes only. Any research , analysis, information, or other material received should not be construed as individualized investment advice....
My research and analysis are not advice or recommendations. It's for information and knowledge purposes only. Any research , analysis, information, or other material received should not be construed as individualized investment advice....
6
2
Mittchell
liked
$QQQ 240726 487.00P$
i love it ❤️ even tho i sold to early . i aint for the waiting around to get burned games . ik its going lower but ill just wait for another entry . taking g my profit and run . just compound daily
i love it ❤️ even tho i sold to early . i aint for the waiting around to get burned games . ik its going lower but ill just wait for another entry . taking g my profit and run . just compound daily
7
4
Mittchell
liked
$Amazon(AMZN.US$ wow, another helium balloon that will pullback under $120.
major hedge funds scalping shares to retail to keep the price high as liquidity outflow imploding the indices.
major hedge funds scalping shares to retail to keep the price high as liquidity outflow imploding the indices.
3
Mittchell
liked
$Netflix(NFLX.US$ is expected to report their Q2 2024 financial results after the market close on 18 July 2024 (Thursday). Wall Street is expecting Netflix to report revenue of $9.53 billion for expected 16% y-o-y growth and EPS of $4.74 for expected 43% y-o-y growth.
Based on how Netflix have been growing their subscriber over the last few quarters, the results have been better than expected, but Netflix management has indicated that the...
Based on how Netflix have been growing their subscriber over the last few quarters, the results have been better than expected, but Netflix management has indicated that the...
+3
8
1
Mittchell
liked
$Tesla(TSLA.US$ AI technology has all declined, and Tesla is the strongest. Other put options explode in profit, and Tesla is at a loss
Translated
5
Mittchell
liked
When your looking at Telco's , rates has hurt the Telco's.
My understanding the $BCE dividend looks secure. Competition is increasing and regulatory risks.
If you wanted to exit, we may have already past it now
If you hold $BCE Inc(BCE.CA$ , continue to hold as it is very oversold.
My understanding the $BCE dividend looks secure. Competition is increasing and regulatory risks.
If you wanted to exit, we may have already past it now
If you hold $BCE Inc(BCE.CA$ , continue to hold as it is very oversold.
4