Recall earlier
posting that there is a potential risk arbitrage gains about 7.5% should
you purchase KAF shares on 22 February 2016. The offer has officially become
unconditional and the offeror had proceeded to scoop up the remaining shares in
KAF. KAF IB will have full control of KAF Seagroatt-Campbell. This deal will be
finalized by June 2016 and will close a chapter on the takeover deal. The price
has shot up to RM2.69 per share and those holding on to the shares can sell
them back at RM2.70 for some savings on brokerage expenses. No further
opportunities are expected from this share.
Note: This is not an investment advice. Buy and sell any
securities at your own risk.
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