Last Price Today's Change   Day's Range   Trading Volume
0.00   0.00 (0.00%)  0.00 - 0.00  0


Board:Main Market
Sector:Industrial Products
Avg Volume (4 weeks):0
Average Price Target:1.70
Price Target Upside/Downside:+1.70
View Price Target Detail

Business Background

Ingress Corporation Berhad is a Malaysia-based investment holding company engaged in providing management services. The Company operates in two business segments: automotive division, which comprises automotive components manufacturing and automotive dealership, and power engineering and projects division, which comprises power engineering and railway and oil and gas. The Company's subsidiaries include Ingress Technologies Sdn Bhd, which manufactures and supplies automotive door assemblies, and manufactures and assembles medium to high tonnage press parts; Ingress Autoventures Co., Ltd, which manufactures automotive components; PT Ingress Malindo Ventures, which manufactures automotive components, and Ingress Engineering Sdn Bhd, which manufactures and supplies roll-formed plastic mouldings and weather strips, wire-harness, and provision of management services. On February 16, 2011, the Company announced that it has divested its entire 49% equity share in Maju Nusa Sdn Bhd.

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Matsaham Mashuk bullish..
15/04/2013 16:38
BC475654 Suspended pending material announcement
16/04/2013 12:03
Matsaham Mashuk nice..hehehe..
16/04/2013 15:40
Matsaham Mashuk exit..duit mashuk..
17/04/2013 09:00
lool The buyout offer is 1.85 per share, could anybody help to shed light as why the current share price is not traded closer to the offer price?
17/04/2013 13:41
jpleow The take-over offer is conditional - need 90% acceptance - otherwiase the offer will lapse & all acceptances will be returned. See the attachment in announcement on 16/4/13 - section 3.2 'Condition of the Offer'.

Even if it is unconditional, the buyers need to make profit from buying at a discount.
17/04/2013 15:43
necro This counter in 2009 its price RM0.19....
17/04/2013 22:22
lool thanks jpleow...I am still learning, good to know.
17/04/2013 23:55
hornetsjet how come still got people willing to buy at 1.85??
11/06/2013 21:28
jpleow Better sell to them since the acceptance level is low according to 6/6/13 announcement - unlikely to be successful.
12/06/2013 10:01



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