STEMLIFE BHD

KLSE (MYR): STEMLFE (0137)

You're accessing 15 mins delay data. Turn on live stream now to enjoy real-time data!

Last Price

0.565

Today's Change

0.00 (0.00%)

Day's Change

0.00 - 0.00

Trading Volume

0


2 people like this.

690 comment(s). Last comment by Wuzy 2017-02-21 22:39

bryan_x00

165 posts

Posted by bryan_x00 > 2015-05-30 08:18 | Report Abuse

duit congrats on your omesti!! when is stemlfe turn? hehe

rioxyoshi

78 posts

Posted by rioxyoshi > 2015-06-29 21:35 | Report Abuse

Y so quiet? No chance for this stock?

shmu80

1 posts

Posted by shmu80 > 2015-07-24 11:41 | Report Abuse

What happen to this share, that is no activity this few days?

member41

3,718 posts

Posted by member41 > 2015-07-24 12:18 | Report Abuse

Citigroup stopped selling (for now) :)

Posted by Phooi Keat Teoh > 2015-09-03 11:05 | Report Abuse

long term investmnt on high tech shares.

Posted by birkincollector > 2015-11-01 22:28 | Report Abuse

broke resistance @ 4sen, should go up higher

Posted by stoptakingmyusername > 2015-11-11 08:37 | Report Abuse

good qr result, this stock will trend up a while before profit taking.. tp: 43

paulthesotong

2,857 posts

Posted by paulthesotong > 2015-11-12 18:38 | Report Abuse

T O 45sen so little....

domperrier

352 posts

Posted by domperrier > 2015-11-12 19:23 | Report Abuse

OMG this co has 69 m in cash equivalents...cheapskate Cordlife

Posted by birkincollector > 2015-11-12 19:23 | Report Abuse

oh my,,,,,,,,45sen so low and close to current price, no excitement tmr!!

flyup888

455 posts

Posted by flyup888 > 2015-11-12 23:36 | Report Abuse

good news..fly tomorrow

Posted by frankorlan > 2015-11-13 14:32 | Report Abuse

Berjaya has 10% stake. Hopefully to see some bidding war.

snwong13

724 posts

Posted by snwong13 > 2015-11-14 10:30 | Report Abuse

StemLife Receives Takeover Offer At RM0.45 Per Share

Stem cell banking company StemLife has received a mandatory takeover offer from its major shareholder, Singapore-listed Cordlife Group, to acquire the remaining 67 percent stake it does not own in the company for RM0.45 per share.

The take-over offer was triggered after Cordlife, already a major shareholder of firm, crossed the 33 percent threshold with the purchase of 3 million shares or 1.2 percent of the company on 12 November.

Other notable shareholders in StemLife include Berjaya Corporation (10 percent) and JP Morgan Chase (4.6 percent). The company has said that its board will hold a meeting to deliberate the offer and make an announcement in due course.

Significance: The offer price of RM0.45 represents a RM0.025 or 5.9 percent premium against StemLife’s closing price of RM0.425 on 12 November. It was noted that Cordlife does not intend to maintain the listing status of the firm if the all-cash offer, which is worth RM1.4 billion, goes through.

flyup888

455 posts

Posted by flyup888 > 2015-11-16 23:19 | Report Abuse

soon...

Josephine Ong

1,001 posts

Posted by Josephine Ong > 2015-11-18 10:33 | Report Abuse

yes...fly robin fly...

firehawk

4,783 posts

Posted by firehawk > 2015-11-26 19:43 | Report Abuse

Should accept the offer?

hoplanner

406 posts

Posted by hoplanner > 2015-12-03 22:06 | Report Abuse

Reject

Posted by Mumukongkong > 2015-12-04 09:45 | Report Abuse

Wow wow active

member41

3,718 posts

Posted by member41 > 2015-12-04 15:04 | Report Abuse

Who buy 45.5.

hoplanner

406 posts

Posted by hoplanner > 2015-12-04 22:52 | Report Abuse

What's the rationale for buying above offer price RM0.45? Are these buyers going to reject the offer?

Posted by Mumukongkong > 2015-12-05 10:37 | Report Abuse

What if we dun sell the share. What will be happened ?

Posted by drkschua59 > 2015-12-06 17:53 | Report Abuse

Do not sell this counter. Cordlife has bigger plans but want it cheap. The regenerative industry is starting to pick up. The assets of this company is substantial,cash and real estate. The business is still profitable. If not Cordlife would not buy.

hoplanner

406 posts

Posted by hoplanner > 2015-12-06 21:20 | Report Abuse

CordLife has been buying @o.45 in open market to ensure its takeover bid wld be successful. This C9 has good potential to grow exponentially. Look at TMC, the share wld be 50 sen easily if it is still listed.....provided all who have faith in this Co reject the 0.45 offer.

Posted by drkschua59 > 2015-12-07 09:17 | Report Abuse

Look at Japan, the govt. is supporting their Regenerative Medicine industry. They are buying biotech companies dealing with stem cells. Even Mesoblast of Australia is going to Japan get their products commercially available. Cordlife is doing well making profits and expanding in Asia. So you think they will lose money in Stemlife?? They want to buy cheap lah. The reg med industry will definitely grow in the near future.

AmstrongKL

271 posts

Posted by AmstrongKL > 2015-12-08 11:22 | Report Abuse

I strongly agreed with drkschua59.
The reg med industry is the future, either near term or long term.
But, I will make sure the management team is trustworthy & sincere in doing businesses.
There are too many conman management in KLSE. Must be very careful.

richcares

1,419 posts

Posted by richcares > 2015-12-08 11:33 | Report Abuse

Just catch on the train. Hope for the best

andryong

1,902 posts

Posted by andryong > 2015-12-08 16:45 | Report Abuse

how about the profitability next year ?

foodie

535 posts

Posted by foodie > 2015-12-08 19:37 | Report Abuse

Is the price max at 0.45?

Posted by drkschua59 > 2015-12-08 19:49 | Report Abuse

The present board of directors is definitely more professionally qualified. Except I don't know whether they are more loyal to Cordlife or dedicated to rejunavate Stemlife. The business is ongoing and the staff are working hard. One client of cord tissue banking is worth 3 of cord blood. I hope they cannot gather enough shares to take it private. I want the board to give more back to loyal shareholders. The board have not explained to the sharehokders why it is so important to take it private. Perhaps they want to enrich Cordlife and themselves. They should offer in exchange some cordlife shares.

Jack Yc

75 posts

Posted by Jack Yc > 2015-12-09 14:12 | Report Abuse

how bout long investment in this train? says 1-3 yrs?

Posted by drkschua59 > 2015-12-09 16:59 | Report Abuse

If Stemlife is still listed, 3 years is the minimum. There is no other counter that deals with stem cells and hence no competitor. TMC does NOT have any stem cell business anymore.

Jack Yc

75 posts

Posted by Jack Yc > 2015-12-09 20:33 | Report Abuse

sorry im newbie here, what do you mean if is still listed? If i get in the train tomorrow, and privatise no more listing, what will impact on us as share holder?

richcares

1,419 posts

Posted by richcares > 2015-12-10 09:21 | Report Abuse

if privatise, you will get a pay check depending on the amount of shares you have. You will not want to hold shares in a privatise company

Jack Yc

75 posts

Posted by Jack Yc > 2015-12-10 15:19 | Report Abuse

will we be notified if company being privatise? Is there a chances that company pay lower than share market price?

MeiXing

1 posts

Posted by MeiXing > 2015-12-10 15:28 | Report Abuse

wait and have a good advice http://www.mmfsolutions.sg/

Posted by drkschua59 > 2015-12-10 17:19 | Report Abuse

Basically Stemlife is here to stay for a long time. As i have said Cordlife sees great future but they want it all for themself. Taking it private also mean doing a lot more without having to face both the shareholders and the securities commission. More can be achieved this way and when they want to cash out again, they relist when the situation is much better ie when regenerative medicine industry is booming.

mrlutpi

2 posts

Posted by mrlutpi > 2015-12-11 17:13 | Report Abuse

Sleep forever...wake up la wehh

Annetan

852 posts

Posted by Annetan > 2015-12-16 20:05 | Report Abuse

They have obtain 71.89%.Another less than 3% then delisted?

richcares

1,419 posts

Posted by richcares > 2015-12-23 11:04 | Report Abuse

what is next at Stemlife

aska123

34 posts

Posted by aska123 > 2016-02-02 16:11 | Report Abuse

This counter heard that will be delisted soon.
Just throw while you can.

domperrier

352 posts

Posted by domperrier > 2016-02-07 08:04 | Report Abuse

FAILED to reach 90% by just 0.012%(297,000 shares). HAH!

domperrier

352 posts

Posted by domperrier > 2016-02-16 12:52 | Report Abuse

Now bidding @ 46.5c! Those who sold to Cordlife are fools...

MMCP

287 posts

Posted by MMCP > 2016-02-17 14:28 | Report Abuse

PUBLIC SHAREHOLDINGS SPREAD

STEMLIFE BERHAD

Type Announcement
Subject PUBLIC SHAREHOLDINGS SPREAD
Description StemLife Berhad ("StemLife" or "The Company")
Non-compliance with Public Shareholding Spread pursuant to Rule 8.02(1) of the ACE Market Listing Requirements ("LR") of Bursa Malaysia Securities Berhad ("Bursa Securities")
We refer to the announcements dated 22 December 2015, 23 December 2015 and 28 January 2016 and 11 February 2016 (“Earlier Announcements”). Unless otherwise stated, all definitions and terms used in this announcement shall have the same meaning as stated in the Earlier Announcements in relation to the Public Shareholdings Spread.

The Board of Directors wishes to announce that the Company will be applying to Bursa Securities for an extension of time in order to implement the necessary procedures to withdraw its listing status from the Official List of Bursa Securities in accordance with Chapter 16 of the LR.

This announcement is dated 16 February 2016.

ML46

2 posts

Posted by ML46 > 2016-05-05 14:27 | Report Abuse

What now? No more news?

dompeilee

11,888 posts

Posted by dompeilee > 2016-05-27 14:27 | Report Abuse

Wat lar...this company not yet taken over completely...no more AGM??? 48c Q-ing to buy many lots no sellers, including me who holds on tight to my shares :D

dompeilee

11,888 posts

Posted by dompeilee > 2016-06-14 13:18 | Report Abuse

When is the cheapskate Cordlife going to raise its takeover price to 50c???

ML46

2 posts

Posted by ML46 > 2016-12-30 20:37 | Report Abuse

Anyone still holding this share? What happen if you don't take up the offer?

Wuzy

1,579 posts

Posted by Wuzy > 2017-02-21 22:39 | Report Abuse

Bye bye & farewell to this counter

Post a Comment
Market Buzz