$GENM (4715.MY)$ Answer from AI search and finding below, wh...

Answer from AI search and finding below, what is all the minority thought? tomorrow is the last day in Moomoo to decide reject or accept.

So far any latest records show Genting berhad bought share from the open market at price higher than rm2.35?
Based on the latest public information and official statements, here is the answer to your question.
No, there are no records showing Genting Berhad has bought shares at a price higher than RM2.35.
Recent news and official filings (as of November 2025) confirm that while Genting Berhad has been actively buying Genting Malaysia (GENM) shares from the open market, all of these purchases have been made at prices not exceeding the RM2.35 offer price.
Because they have not paid a higher price for any shares, Genting Berhad is not legally required to raise its offer above RM2.35.
📈 Important Context: Market Price vs. Offer Price
What you are likely observing is that the market price of GENM has been trading above the RM2.35 offer price.
• What this means: The stock market (other investors) appears to value the shares higher than the privatisation offer.
• Independent Adviser's View: This aligns with the Independent Adviser (Kenanga Investment Bank), which has officially recommended that minority shareholders REJECT the RM2.35 offer, calling it "not fair" and "not reasonable" based on their valuation.
• Your Option: The Independent Adviser has noted that shareholders who wish to exit the company could consider selling their shares on the open market if they can get a price higher than RM2.35 (after accounting for transaction fees).
This creates the current situation:
• Genting Berhad is buying what it can at or below RM2.35.
• The Independent Adviser is telling you to reject RM2.35.
• The Market is trading the share at a price above RM2.35, suggesting other investors also believe the offer is too low.