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2016-08-15 21:30 | Report Abuse
should have bought more, guess not too late to buy some more tomorrow.
2016-08-15 08:36 | Report Abuse
Saw The Edge weekly article over the weekend. If things turn out well they will make it again within the next 1 year or 2.
2016-08-08 08:59 | Report Abuse
It's going uptrend. looking forward for breakthrough this week.
2016-07-26 17:35 | Report Abuse
let's wait and see, suspecting someone is coming in big way
2016-07-25 22:18 | Report Abuse
the directors are disposing their shares. looks like something is 'cooking'
2016-05-05 17:30 | Report Abuse
TA: 0.95
Public Investment Bank at: 0.99
RHB Investment Bank: 1.18
Mercury: 1.00
2016-05-05 10:42 | Report Abuse
Public investment bank: 0.99
RHB IB: 1.18
2016-05-04 14:10 | Report Abuse
analyst are quite bullish of this company. The reports should be out soon
2016-04-26 10:35 | Report Abuse
analyst reports should be released after the IPO launching
2016-04-26 10:34 | Report Abuse
IPO launching is on the 28th of April. Click on the link below for further info on the company
http://www.thestar.com.my/metro/smebiz/focus/2015/07/20/tech-a-load-off/
2016-04-13 09:55 | Report Abuse
http://www.thestar.com.my/business/business-news/2016/04/12/salutica-signs-underwriting-deal-with-rhb-ib/
Salutica Bhd has signed an underwriting agreement with RHB Investment Bank Bhd (RHB IB) for the company’s proposed initial public offering (IPO) on the ACE Market of Bursa Malaysia.
The Ipoh-based, one-stop solutions provider for the manufacturing of consumer electronic products had obtained Bursa Securities’ nod for a listing on the stock exchange.
Managing director and chief executive officer James Lim (pic) said the company was thankful to its advisers for hard work in preparation for the IPO. “RHB IB’s appointment as our principal adviser, sponsor, underwriter and placement agent brings us another step forward in our listing process with its wealth of experience, which will be invaluable to the company, going forward,” said Lim in a statement.
Salutica’s proposed IPO will involve a public issue of 78.0 million new shares of RM0.10 each, comprising 19.4 million shares offered to the public, 9.7 million shares for eligible directors and employees as well as persons who have contributed to the success of Salutica and its subsidiary, 10.1 million shares for private placement to institutional and identified investors as well as 38.8 million shares by way of private placement to identified bumiputera investors approved by the International Trade and Industry Ministry.
The sale of 23 million existing shares by way of private placement would be offered to institutional and identified investors.
Apart from developing its in-house brand FOBO, which uses Bluetooth technology and other wireless, and touch screen light-guide technologies, Salutica also provides manufacturing services for other electronics and precision parts and component such as 3D glasses, camera lenses and subparts, optical light guides, and electronic locks.
2016-04-11 09:50 | Report Abuse
Erm..Bluetooth devices shipments grew from approx. 1.8 billion units in 2011 to approximately 3.0 billion units in 2014, representing a CAGR of approx. 18.6% with projected growth to approx. 4.9b units in 2018.Bluetooth device shipments in 2014 primarily comprised smartphones which accounted for 1.3 billion units or 42.8% of global Bluetooth device shipments in 2014.
2016-04-06 13:08 | Report Abuse
http://www.thestar.com.my/business/business-news/2016/04/05/salutica-poised-for-listing-on-bursa-malaysia/
Salutica Bhd, a one-stop solution provider for the manufacture of consumer electronic products in Malaysia, has received Bursa Malaysia Securities Bhd’s approval for a listing on the ACE Market.
The Ipoh-based company said in a statement that the proposed listing was expected to strengthen its position as a vertically integrated consumer electronics manufacturer and further enhance its corporate reputation as well as brand name recognition.
Salutica’s wholly-owned subsidiary, Salutica Allied Solutions Sdn Bhd, is a vertically integrated manufacturer which can provide a full range of manufacturing services to its customers, as well as being principally involved in the design, development and manufacture of consumer electronic products such as Bluetooth related devices and other electronic products for internationally well-known brands.
Salutica, whic has about 800 employees at a manufacturing plant with a total built-up area of some 30,000 sq metres, launched its in-house brand, FOBO, in April 2013.
Salutica’s range of FOBO products, which use Bluetooth 4.0 technology and other wireless and touch screen light-guide technologies, include security tags, namely FOBO Tag and FOBO MAX as well as a broad range of tyre pressure monitoring system devices for motorcycles, cars, light trucks and vans.
The FOBO products are mainly exported to overseas markets such as the United States, Europe, China, United Kingdom, Japan, Australia, Germany, France and Russia.
Salutica’s proposed initial public offering will involve a total of 101 million ordinary shares of 10b sen each comprising a public issue of 78 million new shares and an offer for sale of 23 million existing shares.
Managing director and chief executive officer James Lim said that armed with equity from the capital markets, the group was optimistic with regards to its growth prospects and remained committed to sustained value creation for both its shareholders and stakeholders.
2015-11-25 11:54 | Report Abuse
are they acquiring a halal certified company only or what?
2015-10-12 16:36 | Report Abuse
Yea…indeed. After a few rounds of noises.. they’ve been quiet for a while..hmmm…
Stock: [HEXIND]: HEXTAR INDUSTRIES BERHAD
2016-08-16 22:53 | Report Abuse
after warrant issue, your mother share will drop to RM0.19 but you are given free warrant (1 for 2) which was indicated at fair value of RM0.16. at today's closing price of RM0.25, it should worth more!