Doo, they've only got just over 50% not 60%. Yesterday BRM were aware that there were still a couple of the associates yet to transfer which would take Wah Nam's holding to about 53%.
I guess once the associates have accepted they can't purchase more BRM and transfer. then again, anything goes with the takeovers panel. Problem is, there isn't a shortage of Chinese to join the game and start transferring. We just have to make sure there's a shortage of sellers to allow them to get to the 90%.
BRM Price at posting:
$4.48 Sentiment: None Disclosure: Held
