is a reputed website selling apple developer account, providing us, China and worldwide developer individual accounts for sale. It's at low price and good quality. Always provides satisfying services!


ios developer account:Boilermech sees 20.64m shares traded off-market


KUALA LUMPUR: Boilermech Holdings Bhd saw 20.6 million of its shares traded off-market on Friday at an average price of 95 sen. The transaction matched the Thursday announcement by QL Resources Bhd to acquire the stake for RM19.6mil cash. QL Resources had recently entered into an unconditional share agreement to acquire the 4% stake in Boilermech. Upon successful completion, this would bring QL's total equity stake in the company to 48.15% and trigger a conditional mandatory take-over, subject to the 50% acceptance and approvals of any relevant parties. QL intends to maintain the listing status of Boilermech and does not intend to acquire any remaining offer shares from the holders who have not accepted the offer. The offer price of 95 sen a share is at a 3.4% premium to Boilermech's five-day VWAP up to and including Dec 2,2020. This implies about 21 times price-earnings ratio (PER) to Boilermech's FY20 net profit of RM23.30, which is at a premium over the five-year historical average PER of 16 times, according to Kenanga Investment Bank Research. Kenanga Research is neutral over QL Resources's acquisition of an additional stake in Boilermech given its minimal financial impact.

Buy Apple Account

if you want to buy apple account, choose, is a best provider within bussiness for more than 3 years. choose us, you will never regret. we provied worldwide apple developer account for sale.


Popular tags