Tuesday, January 03, 2006

Megan: Part VII

The issue of a company shareholder disposing their shares and the issue of a company buying back their shares.

Take a look at this two announcements.

Changes in Director's Interest (S135) - DATO DR HJ. MOHD ADAM BIN CHE HARUN

See the disposals made?

Now consider the issue of the company share buyback.

Notice of Shares Buy Back by a Company pursuant to Form 28A

Compare those dates.

How?

What's your view on this issue?

3 comments:

Anonymous said...

To handle the repayment of its RM385.45mil borrowings (incurred to fund the expansion of its production lines), Dr Adam said: “We are cash rich and should not have any problems.”

LOL!!

Anonymous said...

Perhaps, he's right! Just we've misunderstood the actual meaning of the word "We" .

In fact, "We" in here is referring to those "directors" only... In thier view, they are really rich and should not have any problems... hahaha! :P

Moolah said...

Anon,

How's your feeling towards the strange close proximity between the company's shareback dates & the dates of disposal by the shareholder?

:P