Re: Malaysia's MUI Unit Sells 19 UK Hotels
- From: "Touche'" <turnright@xxxxxxxxx>
- Date: Tue, 28 Feb 2006 09:09:44 +0800
"adchin" <adchin@xxxxxxxxx> wrote in message
news:4402fc2e$1_2@xxxxxxxxxxxxxxxxx
into
"pluto" <pluto@xxxxxxxxxxxx> wrote in message
news:o2c502t35lpe80qdhnl4ih28rrtnepfu41@xxxxxxxxxx
issued share capital held in The Reservation Co. Ltd. for a total cash
consideration of GBP116.0 million ("Proposed Disposal")
Some lucky souls will get to next, inject 300 million worth of rubbish
MUI, in exchange for cold hard cash. How nice
They bought the hotel, say, at RM300m.
Value went up to RM450m.
Then they sell at RM290m and pocketed the difference of RM160m.
Their own pockets, that is.
At the Agm they will tell shareholders that the value will be going down
further and it is prudent to sell now to prevent further losses.
Wolves in sheeps' clothings
.
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