Comments on: A question on public shareholding spreads http://anilnetto.com/economy/malaysian-financebusiness/ubg-puzzle/ Let justice flow like a mighty river Sun, 12 Feb 2012 01:16:07 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: adamckteh http://anilnetto.com/economy/malaysian-financebusiness/ubg-puzzle/comment-page-1/#comment-102407 adamckteh Thu, 06 Jan 2011 03:39:22 +0000 http://anilnetto.com/?p=16570#comment-102407 Quote from JoeJambo - "If such an extension is rigidly limited to 1 or 2 terms, M’sia would no doubt be the place to avoid for investors seeking to take-over public companies and to maintain its listing status." Don't anyone think this is misleading and termed rubbish. anilnetto, I support you. I hope you discover more and tell the people who are not that intelligent. Quote from JoeJambo – “If such an extension is rigidly limited to 1 or 2 terms, M’sia would no doubt be the place to avoid for investors seeking to take-over public companies and to maintain its listing status.”
Don’t anyone think this is misleading and termed rubbish.
anilnetto, I support you. I hope you discover more and tell the people who are not that intelligent.

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]]> By: adamckteh http://anilnetto.com/economy/malaysian-financebusiness/ubg-puzzle/comment-page-1/#comment-102402 adamckteh Thu, 06 Jan 2011 03:24:54 +0000 http://anilnetto.com/?p=16570#comment-102402 Hey! we seek clarifications. It is nice you came out to clarify. Please post your documented evidences. Hey! we seek clarifications. It is nice you came out to clarify. Please post your documented evidences.

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]]> By: Simple Truth http://anilnetto.com/economy/malaysian-financebusiness/ubg-puzzle/comment-page-1/#comment-35032 Simple Truth Sat, 21 Nov 2009 05:49:37 +0000 http://anilnetto.com/?p=16570#comment-35032 JoeJumbo assertion that these non-compliance can run for years implies that our SC and Bursa people must be sleeping on their jobs. JoeJumbo should have the decency to back up what he says. JoeJumbo assertion that these non-compliance can run for years implies that our SC and Bursa people must be sleeping on their jobs.

JoeJumbo should have the decency to back up what he says.

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]]> By: Another Investor http://anilnetto.com/economy/malaysian-financebusiness/ubg-puzzle/comment-page-1/#comment-34913 Another Investor Sun, 15 Nov 2009 03:18:52 +0000 http://anilnetto.com/?p=16570#comment-34913 As an unfortunate investor of a couple of ailing PN companies ( I think that's what they call them ), I find it sickening that these companies should be given extension after extension after extension to restructure these companies with seemingly no end in sight. People who equate the asking for time frames for such practices to misleading the public or linking them to the freedom of speech, are in serious need of psychiatric help. As an unfortunate investor of a couple of ailing PN companies ( I think that’s what they call them ), I find it sickening that these companies should be given extension after extension after extension to restructure these companies with seemingly no end in sight.

People who equate the asking for time frames for such practices to misleading the public or linking them to the freedom of speech, are in serious need of psychiatric help.

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]]> By: Absolutely Amazed http://anilnetto.com/economy/malaysian-financebusiness/ubg-puzzle/comment-page-1/#comment-34896 Absolutely Amazed Sat, 14 Nov 2009 14:21:56 +0000 http://anilnetto.com/?p=16570#comment-34896 Far from being misled, I was actually enlightened by the posting. I too, would be interested to know if there are any time frames to shareholdings spreads, PN companies etc etc. The only people who are likely to be misled are the ones who think that such basic questions constitute an abuse of the freedom of speech. Far from being misled, I was actually enlightened by the posting.

I too, would be interested to know if there are any time frames to shareholdings spreads, PN companies etc etc.

The only people who are likely to be misled are the ones who think that such basic questions constitute an abuse of the freedom of speech.

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]]> By: anilnetto http://anilnetto.com/economy/malaysian-financebusiness/ubg-puzzle/comment-page-1/#comment-34887 anilnetto Sat, 14 Nov 2009 09:35:30 +0000 http://anilnetto.com/?p=16570#comment-34887 Okay JoeJambo, I have changed the title if that helps to make the point that clarification on this issue would be welcome. Thank you for the suggestion. Okay JoeJambo, I have changed the title if that helps to make the point that clarification on this issue would be welcome.

Thank you for the suggestion.

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]]> By: JoeJambo http://anilnetto.com/economy/malaysian-financebusiness/ubg-puzzle/comment-page-1/#comment-34886 JoeJambo Sat, 14 Nov 2009 09:01:59 +0000 http://anilnetto.com/?p=16570#comment-34886 Investors, You are an investor. Hence, it is not my job to give you examples or reasons. Find out yourselves. I've already mentioned that the non-compliance is likely due to the MGO (which has the force of law as compared to Bursa rules). What I'm saying by Anil misleading the public is the implication of the writings. It might not directly mislead the public but there is strong implication by the choice of phrases and sentences used. Instead of "UBG Puzzle" as the topic and the one sided writings, the title can simply be some sort of a "Someone enlightened me please on UBG?" or "Clarification needed on UBG's Compliance with the Shareholding Spread" I'm just giving my views. Hitting out on me again without doing your further research following Teck's & my comments above just shows the kind of comment you giving. When someone gives you a negative hint, you korek further yourself and then judge yourself from the results of your research. You dont go and hentam the one who tells you that something might be wrong. That sounds a lot like politicians. Anil is not wrong highlighting the existence of any such events. It is the implication (through the choice of words)that does not seem ethical. The results of the implication is evident via all the comments above. By the way, an extension is a temporary exemption. I do not understand why is it made an issue. I will not provide any further replies to this post so as not to provoke any of you guys. Investors,

You are an investor. Hence, it is not my job to give you examples or reasons. Find out yourselves. I’ve already mentioned that the non-compliance is likely due to the MGO (which has the force of law as compared to Bursa rules).

What I’m saying by Anil misleading the public is the implication of the writings. It might not directly mislead the public but there is strong implication by the choice of phrases and sentences used.

Instead of “UBG Puzzle” as the topic and the one sided writings, the title can simply be some sort of a “Someone enlightened me please on UBG?” or “Clarification needed on UBG’s Compliance with the Shareholding Spread”

I’m just giving my views. Hitting out on me again without doing your further research following Teck’s & my comments above just shows the kind of comment you giving.

When someone gives you a negative hint, you korek further yourself and then judge yourself from the results of your research. You dont go and hentam the one who tells you that something might be wrong. That sounds a lot like politicians.

Anil is not wrong highlighting the existence of any such events. It is the implication (through the choice of words)that does not seem ethical. The results of the implication is evident via all the comments above.

By the way, an extension is a temporary exemption. I do not understand why is it made an issue.

I will not provide any further replies to this post so as not to provoke any of you guys.

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]]> By: Retiree http://anilnetto.com/economy/malaysian-financebusiness/ubg-puzzle/comment-page-1/#comment-34885 Retiree Sat, 14 Nov 2009 08:56:50 +0000 http://anilnetto.com/?p=16570#comment-34885 Years of investing in the stockmarket and I did not even know the intricacies of these rules and now thanks to this blog, I do. Anil, my heartfelt thanks. I share Investors' sentiments above. Teck Sin Ghee and JoeJambo are obviously relics of a bygone era with agendas of their own. After all, how can such an innocent question of asking if there are time limits involved be construed as " misleading the public " or even the more ludicrous Teck's charge of "besmirching the very meaning of freedom of speech"? Anil, keep it up, old boy! Years of investing in the stockmarket and I did not even know the intricacies of these rules and now thanks to this blog, I do. Anil, my heartfelt thanks.

I share Investors’ sentiments above. Teck Sin Ghee and JoeJambo are obviously relics of a bygone era with agendas of their own.

After all, how can such an innocent question of asking if there are time limits involved be construed as ” misleading the public ” or even the more ludicrous Teck’s charge of “besmirching the very meaning of freedom of speech”?

Anil, keep it up, old boy!

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]]> By: MyBlog http://anilnetto.com/economy/malaysian-financebusiness/ubg-puzzle/comment-page-1/#comment-34884 MyBlog Sat, 14 Nov 2009 08:52:30 +0000 http://anilnetto.com/?p=16570#comment-34884 Fully agree with Investors, the other two are only doing Anil bashing, wonder who they really are and what are their real motives. I too found it to be an interesting piece, keep it up Anil, it is good to look into all these especially in todays day and date as there are a lot of backroom manipulations going on. Fully agree with Investors, the other two are only doing Anil bashing, wonder who they really are and what are their real motives.

I too found it to be an interesting piece, keep it up Anil, it is good to look into all these especially in todays day and date as there are a lot of backroom manipulations going on.

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]]> By: Investors http://anilnetto.com/economy/malaysian-financebusiness/ubg-puzzle/comment-page-1/#comment-34880 Investors Sat, 14 Nov 2009 03:38:01 +0000 http://anilnetto.com/?p=16570#comment-34880 Anil, This is easily one of your better and more educational postings and we thank you for it. As avid stockmarket investors, my friends and I have long been wondering the issues that you have raised which is whether there is any time frame for companies to comply especially in PN4, PN17 etc etc cases. To Teck Sin Ghee, Your disparaging remarks speak volume of the type of person that you are. Do not for a moment degrade everyone else to your level by saying " the rest of us are just the likes of you ". It is pretty obvious from Anil's followed-up comments that you , like many of us, do not even understand the difference between an " exemption " and an " extension ". At least, the rest of us do not post stupid remarks spinning " exemptions " which as Anil has pointed out via the relevent sections of the rules, do not apply here. So do not try to stifle a perfect valid discussion of the issues raised here in the name of free speech. To JoeJambo, My friends and I simply cannot understand which part of Anil's posting constitute your comment that he has " clearly mislead the public ". Perhaps you will care to enlighten us on it. There is nothing in Anil's post that even suggest that UBG or any of the companies in the group are flouting the rules. Please provide examples for your contention that these extensions " can range ........to years ". Surely there must be time limits for the rules to be complied. Otherwise, Bursa Malaysia might as well consign their rule book to the dustbin. Finally, Anil, keep up your good work and do not let these detractors whatever their motives are, from discouraging you from raising issues that are of public interests especially in the stockmarket where many of us have parked our hard earned money. Anil,

This is easily one of your better and more educational postings and we thank you for it.

As avid stockmarket investors, my friends and I have long been wondering the issues that you have raised which is whether there is any time frame for companies to comply especially in PN4, PN17 etc etc cases.

To Teck Sin Ghee,

Your disparaging remarks speak volume of the type of person that you are. Do not for a moment degrade everyone else to your level by saying ” the rest of us are just the likes of you “.

It is pretty obvious from Anil’s followed-up comments that you , like many of us, do not even understand the difference between an ” exemption ” and an ” extension “.

At least, the rest of us do not post stupid remarks spinning ” exemptions ” which as Anil has pointed out via the relevent sections of the rules, do not apply here.

So do not try to stifle a perfect valid discussion of the issues raised here in the name of free speech.

To JoeJambo,

My friends and I simply cannot understand which part of Anil’s posting constitute your comment that he has ” clearly mislead the public “.

Perhaps you will care to enlighten us on it.

There is nothing in Anil’s post that even suggest that UBG or any of the companies in the group are flouting the rules.

Please provide examples for your contention that these extensions ” can range ……..to years “.

Surely there must be time limits for the rules to be complied. Otherwise, Bursa Malaysia might as well consign their rule book to the dustbin.

Finally, Anil, keep up your good work and do not let these detractors whatever their motives are, from discouraging you from raising issues that are of public interests especially in the stockmarket where many of us have parked our hard earned money.

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