Why Tan Sri Buying MBF holding warrant??

Let's check the conversion of MBF holding warrant:

17 MAY 2013, conversion price RM 1.00

Current price mother = 0.675

Current price warrant = 0.18

1.00 + 0.18 = 1.18 ( he is buying at RM 1.18 )

But market is selling RM 0.675

WHY arrr??? He sure know something that we don't know.

Common sense I will not buy loh ( LOL)




Name : Tan Sri Datuk Dr Ninian Mogan Lourdenadin
Address : No. 244 Jalan Ipoh51200 Kuala Lumpur
NRIC/Passport No/Company No. : 540212-07-5387
Nationality/Country of Incorporation : Malaysia
Descriptions(Class & nominal value) : Warrants
 
Name & address of registered holder
Tor Private Limited
19 KEPPEL ROAD
#03-10 JIT POH BUILDING
SINGAPORE 089058
 
Details
Date of Change No of shares Price Transacted(RM) Transaction type
26/11/2010 495,300.000 0.163 Others
 
Description of other type of transaction :
Circumstances by reason of which change has occured
Acquisition in open market
 
Nature of interest : Indirect interest
Direct (units) : 0
Direct (%) : 0.000%
 
Indirect/deemed interest(units) : 232,309,287
Indirect/deemed interest(%) : 87.640%
 
Total no of shares after change : 232,309,287
Date of notice : 29/11/2010