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Time now: Jun 1, 12:00 AM

Initial Public Offering (IPO)

2nd wave dh dtg..boleh la guna TP BIMB untuk CDS Spouse. cash out ..malam bleh berterawih dengan tenang.
 
bro guna tp bimb ker? econpile better than bplant n icon #:-S

fundamental quite strong..ada booking/contract..mcm UMWOG..mungkin ada UT fund mgr yg minat jugak..:)

p/s:saya guna cds bimb :)cgrock
 
2nd wave dh dtg..boleh la guna TP BIMB untuk CDS Spouse. cash out ..malam bleh berterawih dengan tenang.

kesabaran membawa hasil bercampur2 dgn kerisauan hg jatuh kembali ditambah pula bila remisier2 dah ramai yg menjual; yg tinggal hanya juang utk untung yg lobih.
dah 0.70, menghampiri TP 0.73..jarang sekali dpt main 1/2 sen ni :)
 
kesabaran membawa hasil bercampur2 dgn kerisauan hg jatuh kembali ditambah pula bila remisier2 dah ramai yg menjual; yg tinggal hanya juang utk untung yg lobih.
dah 0.70, menghampiri TP 0.73..jarang sekali dpt main 1/2 sen ni :)

TP BIMB dah mengena..:)cgrock:)paid
 
makin aktif kaunter ni waktu petang......

boleh pi jauh lagi, tapi yg dah pakai TP MBB dan BIMB cukup puashati 25-35%, modal gunapun tak sampai sebulan 18-30/6..ROI IPO terbaik saya tahun ni :)
 
Listing Detail:
Listing Sought: Main Market
Issue Price: RM 0.45
Par Value: RM 0.10

Dates:
Offer Period Open: 30-06-14
Offer Period Close: 16-07-14
Tentative listing date: 25-07-14

Number of shares:
Public Issue: 46,500,000
Offer for Sale: 14,660,000
Private Placement: 26,860,000

Stock Code: HHGROUP
Official Announcement

INITIAL PUBLIC OFFERING IN CONJUNCTION WITH OUR LISTING ON THE ACE MARKET OF BURSA MALAYSIA SECURITIES BERHAD COMPRISING:

(I) PUBLIC ISSUE OF 46,500,000 NEW ORDINARY SHARES OF RM0.10 EACH IN THE FOLLOWING MANNER:

7,000,000 NEW ORDINARY SHARES OF RM0.10 EACH AVAILABLE FOR APPLICATION BY THE MALAYSIAN PUBLIC;
5,000,000 NEW ORDINARY SHARES OF RM0.10 EACH AVAILABLE FOR APPLICATION BY OUR ELIGIBLE EMPLOYEES AND PERSONS WHO HAVE CONTRIBUTED TO THE SUCCESS OF OUR GROUP;
12,200,000 NEW ORDINARY SHARES OF RM0.10 EACH BY WAY OF PRIVATE PLACEMENT TO SELECTED INVESTORS; AND
22,300,000 NEW ORDINARY SHARES OF RM0.10 EACH BY WAY OF PRIVATE PLACEMENT TO BUMIPUTERA INVESTORS APPROVED BY THE MINISTRY OF INTERNATIONAL TRADE AND INDUSTRY; AND


(II) OFFER FOR SALE OF 14,660,000 EXISTING ORDINARY SHARES OF RM0.10 EACH BY WAY OF PRIVATE PLACEMENT TO SELECTED INVESTORS;

AT AN ISSUE/OFFER PRICE OF RM0.45 PER SHARE PAYABLE IN FULL UPON APPLICATION
Company Overview

Heng Huat Resources Group Berhad, an investment holding company, engages in the manufacture and sale of mattresses and related products; and manufacture and trade of coconut and oil palm biomass materials in Malaysia. It offers fiber and other mattresses and bedding accessories, including mattresses, divans, and headboards under the Fibre Star brand name; and cushions, pillows, and bolsters under the Xiong Mao brand name to furniture retailers. The company also operates as an original equipment manufacturer of fiber mattress for various local brands. In addition, it provides oil palm empty fruit bunch fiber and coconut fiber for various applications, including mattress, briquette, coconut fiber sheet, and geotextile, paper pulp, landscaping, and horticulture; coconut peat for fertigation and soil conditioning applications; and coconut fiber sheets for mattress. Further, Heng Huat Resources Group Berhad exports its products to China. The company is headquartered in Sungai Bakap, Malaysia.


Address & Contact:
No. 2945, (Plot A2), Jalan Sungai Baong,
Kawasan Perindustrian Perabut Sungai Baong,
MK 5, 14200 Seberang Perai Selatan,
Pulau Pinang, Malaysia.

Tel : +604-5825888
Fax : +604-5821888 / +604-5822689
Email : [email protected]
Website: www.henghuat.com.my

In the News: Heng Huat plans to extend its geographical footprint to China

PETALING JAYA: Heng Huat Resources Group Bhd, which aims to raise RM20.93 million proceed from its initial public offering, plans to extend its geographical footprint in China to tap the growing demand for oil palm empty fruit bunch fibre (EFB).

In a statement yesterday, Heng Huat said its export to China has more than doubled in recent years comprising primarily EFB fibre to RM40.7 million in the financial year ended Dec 31, 2013 from RM18.7 million in FY2011.

"It is timely for us to extend our geographical footprint by including China as our expansion strategy. Our success thus far in penetrating the huge Chinese market with our exports says as much the unabated demand for our EFB fibre in the country as it does our product quality," said co-founder and managing director of Heng Huat, H'ng Choon Seng.

"With the planned set up of a subsidiary in China, we hope to not only strengthen our network amongst the industrial users, but also ride ahead the market trends as we cater our innovation initiatives to meet the market demand," he said.

In FY2013, he said Heng Huat's exports to China made up about 55.2% of the Group's revenue of RM73.7 million.

H'ng said the company plans to set up the subsidiary company in the southern region of China by the first quarter of 2015, subject to obtaining the relevant regulatory approvals from the China authorities.

Established since 2007, Heng Huat currently has three oil palm biomass processing facilities in Selama, Kedah, and in Seberang Prai Selatan, Penang, with a 20-line processing capacity of approximately 100,500 metric tonnes of EFB fibre per annum.

He said it also has a coconut biomass processing plant in Bachok, Kelantan, in addition to a production plant in Seberang Prai Selatan, Penang for downstream manufacturing of mattresses and related products.

"With sizable supply of EFB in Malaysia, coupled with our processing capacity, we are positive that our direct presence in China will help in scaling up the group's exports," he added.

Heng Huat, which is slated to be listed on the ACE Market of Bursa Malaysia on July 25, plans to allocate some RM4 million of its RM20.93 proceed for capital expenditure, RM4.55 million for working capital while the remaining RM9.38 million and RM3 million would be allocated for the repayment of bank borrowings and defraying listing expenses respectively.

-- The Sun Daily
 
Listing Detail:
Listing Sought: Main Market
Issue Price: RM 0.45
Par Value: RM 0.10

Dates:
Offer Period Open: 30-06-14
Offer Period Close: 16-07-14
Tentative listing date: 25-07-14

Number of shares:
Public Issue: 46,500,000
Offer for Sale: 14,660,000
Private Placement: 26,860,000

Stock Code: HHGROUP
Official Announcement

INITIAL PUBLIC OFFERING IN CONJUNCTION WITH OUR LISTING ON THE ACE MARKET OF BURSA MALAYSIA SECURITIES BERHAD COMPRISING:

(I) PUBLIC ISSUE OF 46,500,000 NEW ORDINARY SHARES OF RM0.10 EACH IN THE FOLLOWING MANNER:

7,000,000 NEW ORDINARY SHARES OF RM0.10 EACH AVAILABLE FOR APPLICATION BY THE MALAYSIAN PUBLIC;
5,000,000 NEW ORDINARY SHARES OF RM0.10 EACH AVAILABLE FOR APPLICATION BY OUR ELIGIBLE EMPLOYEES AND PERSONS WHO HAVE CONTRIBUTED TO THE SUCCESS OF OUR GROUP;
12,200,000 NEW ORDINARY SHARES OF RM0.10 EACH BY WAY OF PRIVATE PLACEMENT TO SELECTED INVESTORS; AND
22,300,000 NEW ORDINARY SHARES OF RM0.10 EACH BY WAY OF PRIVATE PLACEMENT TO BUMIPUTERA INVESTORS APPROVED BY THE MINISTRY OF INTERNATIONAL TRADE AND INDUSTRY; AND


(II) OFFER FOR SALE OF 14,660,000 EXISTING ORDINARY SHARES OF RM0.10 EACH BY WAY OF PRIVATE PLACEMENT TO SELECTED INVESTORS;

AT AN ISSUE/OFFER PRICE OF RM0.45 PER SHARE PAYABLE IN FULL UPON APPLICATION
Company Overview

Heng Huat Resources Group Berhad, an investment holding company, engages in the manufacture and sale of mattresses and related products; and manufacture and trade of coconut and oil palm biomass materials in Malaysia. It offers fiber and other mattresses and bedding accessories, including mattresses, divans, and headboards under the Fibre Star brand name; and cushions, pillows, and bolsters under the Xiong Mao brand name to furniture retailers. The company also operates as an original equipment manufacturer of fiber mattress for various local brands. In addition, it provides oil palm empty fruit bunch fiber and coconut fiber for various applications, including mattress, briquette, coconut fiber sheet, and geotextile, paper pulp, landscaping, and horticulture; coconut peat for fertigation and soil conditioning applications; and coconut fiber sheets for mattress. Further, Heng Huat Resources Group Berhad exports its products to China. The company is headquartered in Sungai Bakap, Malaysia.


Address & Contact:
No. 2945, (Plot A2), Jalan Sungai Baong,
Kawasan Perindustrian Perabut Sungai Baong,
MK 5, 14200 Seberang Perai Selatan,
Pulau Pinang, Malaysia.

Tel : +604-5825888
Fax : +604-5821888 / +604-5822689
Email : [email protected]
Website: www.henghuat.com.my

In the News: Heng Huat plans to extend its geographical footprint to China

PETALING JAYA: Heng Huat Resources Group Bhd, which aims to raise RM20.93 million proceed from its initial public offering, plans to extend its geographical footprint in China to tap the growing demand for oil palm empty fruit bunch fibre (EFB).

In a statement yesterday, Heng Huat said its export to China has more than doubled in recent years comprising primarily EFB fibre to RM40.7 million in the financial year ended Dec 31, 2013 from RM18.7 million in FY2011.

"It is timely for us to extend our geographical footprint by including China as our expansion strategy. Our success thus far in penetrating the huge Chinese market with our exports says as much the unabated demand for our EFB fibre in the country as it does our product quality," said co-founder and managing director of Heng Huat, H'ng Choon Seng.

"With the planned set up of a subsidiary in China, we hope to not only strengthen our network amongst the industrial users, but also ride ahead the market trends as we cater our innovation initiatives to meet the market demand," he said.

In FY2013, he said Heng Huat's exports to China made up about 55.2% of the Group's revenue of RM73.7 million.

H'ng said the company plans to set up the subsidiary company in the southern region of China by the first quarter of 2015, subject to obtaining the relevant regulatory approvals from the China authorities.

Established since 2007, Heng Huat currently has three oil palm biomass processing facilities in Selama, Kedah, and in Seberang Prai Selatan, Penang, with a 20-line processing capacity of approximately 100,500 metric tonnes of EFB fibre per annum.

He said it also has a coconut biomass processing plant in Bachok, Kelantan, in addition to a production plant in Seberang Prai Selatan, Penang for downstream manufacturing of mattresses and related products.

"With sizable supply of EFB in Malaysia, coupled with our processing capacity, we are positive that our direct presence in China will help in scaling up the group's exports," he added.

Heng Huat, which is slated to be listed on the ACE Market of Bursa Malaysia on July 25, plans to allocate some RM4 million of its RM20.93 proceed for capital expenditure, RM4.55 million for working capital while the remaining RM9.38 million and RM3 million would be allocated for the repayment of bank borrowings and defraying listing expenses respectively.

-- The Sun Daily

Ape pendapat tuan brkenaan IPO ni. kemungkinan jadi macam econpile ade x?
 
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