This is a very interesting piece of information which would allow any one of the 2 parties namely Peoples Bank or Capital Trust to make mandatory offer and take control of the company. Attraction of the company is based on 108 Perch land that PMB owns at Nawam Mawatha and Peoples Bank network of business. It is also heard that there is possibility that PMB and PLC will be merged to make a strong Finance and Leasing Company. There could be the possibility that a totally unknown buyer interested in taking over PMB purchasing the remaining quantity in the market.
Watchout. Very interesting situation. Opportunity for the small shareholders to make money, but be cautious.