EOD Update (29 Sept 2006)

Haven't had time to look in detail into the LIONDIV-ACB Parkson share swap. Checked out the Edge online and Business Times online and all they talked about was some share swap, with the end result that LIONDIV would own the Parkson assets through ACB post-swap. So I tried to do a quick check at Bursa announcements and saw something else... that there was to be a share swap and basically all the ACB shares held by LIONDIV would be distributed up to LIONDIV shareholders. I can't believe those two sites never even mentioned this. I still haven't figured out the implications yet, but this is definitely something worth mentioning innit? Anyway, I decided to unload a bit of my position while trying to figure the deal out.

Latest disposal:

LIONDIV: -3,000 (5.20) ... Balance 5,000


/ichithekiller