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INTA : INTAN KU PAYUNG!!!
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DATE : 27th October 2017
Stock : INTA (0.38)
Target Price : SGT members
SGT Called Price : 0.280 - 0.285 cts
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SGT called it INTA OH INTAN KU PAYUNG. This counter has been alert By SGT ( Spartan Group Traders) since 0.28cts. Today again, all SGT was told by Kim to relook it closely today "important day". The shares has flew up on second session trading and all members was alerted.
WHAT'S TP for INTA? : HIGH. Kim has released his TP to all members SGT.
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WHAT HAPPENING TODAY?
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THE PROFILES
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Inta Bina Group is a building contractor with more than 25 years of operating history in the construction industry in Malaysia. The company's line of business includes providing professional engineering services.
Inta Bina Group have completed more than 110 building construction projects with a total contract value of more than RM2 Billion, mainly in the Klang Valley and Johor. The company is capable of building various types of buildings including residential, commercial, industrial and leisure properties. The Group typically acts as the main contractor for our building construction projects.
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THE KEYNOTES
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INTA - (MAY 2017) - Construction firm Inta Bina Group Bhd, which is planning to get a foothold in the affordable housing segment. So, the group will take a more “active approach” in tendering for affordable housing projects in the Klang Valley from private housing developers under both federal and state affordable housing schemes.
INTA - (MAY 2017) - Their strategy to construct affordable housing projects efficiently is through the usage of aluminium system formwork. Aluminium system formwork is suitable for mass construction of buildings with repetitive design. As such, their proposed acquisition of the additional aluminium system formwork can support our plan to penetrate into the affordable housing segment.
INTA - (MAY 2017) - Inta Bina’s IPO raised RM26.76 million from the public issue of 107.05 million new shares at an issue price of 25 sen per share. As part of its listing exercise, the company’s existing shareholders also made an offer for sale of 26.76 million shares to selected investors by way of private placement.
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