This is an astute comment by Dosabell. Welcome back Dosabell.
DOSABELL said...
Tuan Syed,
Tabung Haji bought 283.71 million of Felda Global shares at RM4.55 during IPO in 2012.
With shareholding of 7.88%, Tabung Haji is the 3rd largest shareholder of Felda Global, after FELDA and FELDA ASSET HOLDINGS (http://www.feldaglobal.com/investors/substantial-shareholders/).
Interestingly, bigger institutional funds like EPF and PNB are not ranked among the top 5 shareholders of Felda Global. With Felda Global currently trading at only RM1.55, Tabung Haji will register paper loss (of almost RM1 billion) in their financial year 2015.
Bravo Mr Chairman and Mr MD, both a**elickers of Najib !!!!
283,710,000 @ RM4.55 (IPO price) = RM1,290,880,500 283,710,000 @ RM1.56 (price as at 12 Aug 2015) = RM442,587,600 Total Losses RM848,292,900
Thursday, August 13, 2015 1:16:00 AM
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Tabung Haji bought 283.71 million of Felda Global shares at RM4.55 during IPO in 2012.
With shareholding of 7.88%, Tabung Haji is the 3rd largest shareholder of Felda Global, after FELDA and FELDA ASSET HOLDINGS (http://www.feldaglobal.com/investors/substantial-shareholders/).
Interestingly, bigger institutional funds like EPF and PNB are not ranked among the top 5 shareholders of Felda Global.
With Felda Global currently trading at only RM1.55, Tabung Haji will register paper loss (of almost RM1 billion) in their financial year 2015.
Bravo Mr Chairman and Mr MD, both a**elickers of Najib !!!!
283,710,000 @ RM4.55 (IPO price) = RM1,290,880,500
283,710,000 @ RM1.56 (price as at 12 Aug 2015) = RM442,587,600
Total Losses RM848,292,900