$PBBANK(1295.MY)$
seem like epf like to pump and dump public bank stock 🤣

$PBBANK(1295.MY)$ Are you guys still holding on?

99.5 cents per share · Retained listing status Yang Zhongli Electric Power purchased all of Lianxi Holdings
Yang Zhongli Electric Power $YTLPOWR(6742.MY)$ Through its subsidiary SIPP Power, it spent RM405.17,390, or 99.5 cents per share, to acquire Lianxi Holdings $RANHILL(5272.MY)$ Approximately 31.42% of the shares.
Since the buyer's total shareholding ratio in Lianxi Holdings will increase to about 53.19%, this will trigger a mandatory comprehensive takeover mechanism.
Therefore, Yang Zhongli Electric Power will acquire all remaining shares from other shareholders of Lianxi Holdings at the same price of 99.5 cents per share. In any case, Yang Zhongli Electric Power intends to maintain Lianxi's listed position.
The purchase price of 99.5 cents is nearly 37% off compared to the closing price of RM1.57 on Monday.
Yang Zhongli Electric Power and Lianxi both suspended trading in early trading today to announce the above important news and resume trading at noon.
Full report:99.5 cents per share · Retained listing status Yang Zhongli Electric Power purchased all of Lianxi Holdings
Source: Nanyang Siang Pao
Disclaimer: This content is for informational and educational purposes only, and does not constitute any specific investment, investment strategy, or recommendation endorsement. Readers are solely responsible for any risk and liability arising from reliance on this content. Always conduct your own independent research and evaluation and consult professional advice if necessary before making any investment decisions. The author and relevant participants are concerned about any use or reliance on this article...

$PBBANK(1295.MY)$ most of my loan with public bank😄🔥

$YTL(4677.MY)$MY Morning Wrap | YTL Power and Ranhill Utilities Shares to be Suspended Pending Announcement
Ytlp will be taking over Ranhill...

$YTLPOWR(6742.MY)$ The stock price suddenly turned red today, you guys will

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April was a whirlwind for U.S. stock markets, and our Moomoo Community has been right in the thick of it, sharing their triumphs, strategies, and insights. Reflecting on a month marked by volatility, let's celebrate our community's popular UGC that helped many navigate the choppy waters of options trading.
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Yang Zhongli Shuangxiong's stock price plummeted? Let's see what the market says about whether they should pick up the knife or not.
In which, $YTLPOWR(6742.MY)$Yang Zhongli Electric's profit performance declined quarterly. Most investment banks believe that its stock price trend will also slow down, and they have downgraded the stock rating to “hold on” or “follow the market.”
Galaxy Securities analysts pointed out that due to a quarterly decline of 18% in the profit contribution of the Singaporean subsidiary Power Seraya in the 3rd quarter of fiscal year 2024 (up to the end of March) and the expansion of telecom business losses, Yang Zhongli Electric's net profit for the 3rd quarter also began to fall from its peak, falling 16% from quarter to quarter.
“Power Seraya's net profit performance began to return to normal in the 3rd quarter. At the same time, the telecom business faced the impact of the decline in project revenue and increased losses, which was enough to offset the narrowing of Wessex Water's losses and the contribution of the affiliate company to more profits.”
The analyst also said that Power Seraya's electricity retail revenue declined quarterly due to renewed power supply contracts, which offset higher electricity sales brought about by hot weather in the 3rd quarter.
As for the outlook, the analyst did not change Yang Zhongli Electric's future profit expectations. He still predicts that Power Seraya's profit will continue to fall back to normal levels, but the recovery in Wessex Water's performance, combined with contributions from the data center business beginning in the second half of fiscal year 2025, is expected to mitigate the impact of the decline in Singapore's power generation profits.
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$YTL(4677.MY)$ What happened to YTL Group? It was also just mentioned that dividends will be paid.