RB Land Holdings Berhad.

Formerly known as Econstates Berhad.Listed on the Main Board,Property sector.Stock No:5215
Nature of business:General Contractor-single Family House.
Registered office:-level 3A,No:9,Jln SS 12/1.47500 Subang Jaya.Selangor.Tel:603-5631 1186.
On the 26th March2007,has announced change of financial year from 30June2007 to 31 March 2007. As at 10 January 2007,its public shareholding spread stood at 21.69%.

On the 19th March 2007,receipt notice of Mandatory General Offer from Aseambankers Malaysia Berhad & Newfield Advisors Sdn Bhd on behalf of IJM Corporation Berhad.

The Authorised Share Capital:-RM1,000,000,000
Issued & Authorised Paid-Up:-RM568,186,606
Class of shares:-Ordinary shares of RM1.00


The Top 5 shareholders are:-

1. Road Builder (M) Holdings Berhad 196,924,868 (69.86%)

2. Hdm nominees (Asing) Sdn Bhd
( DBS Vickers Secs (S) Pte Ltd for Discrete Ltd) 35,261,686 (6.21%)

3. Employees Provident Fund 24,000,000 (4.22%)

4. DB (M'sia) Nominees (Asing) Sdn Bhd.
(Deutshe Bank AG London) 6,977,800 (1.23%)

5. Pan Global Insurance Berhad 6,338,700 (1.23%)

The price traded today with an open at RM1.32 High:RM1.36 Low:RM1.30.
Closing Price:-RM1.30 Volume:17,732 lots.

Since these shares look like being cornered,it is bound to release further shares in the market in order to meet its listing requirement status otherwise it will be delisted & taken private.

So there might be some interesting events to come by,the procession should be a big one in view of the fact that it is also a government associated-link company.

so investors put it in your diary book!