MALAYAN UNITED INDUSTRIES BHD

KLSE (MYR): MUIIND (3891)

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Last Price

0.06

Today's Change

0.00 (0.00%)

Day's Change

0.06 - 0.06

Trading Volume

830,000


6 people like this.

4,732 comment(s). Last comment by zhang 1 month ago

Posted by harvest18 > 2022-02-04 14:04 | Report Abuse

Company is undervalued but directors have no skill to realise these values.

Bmw X5

7,563 posts

Posted by Bmw X5 > 2022-02-07 22:17 | Report Abuse

The Proposed Private Placement is expected to result in an interest saving of
approximately RM0.98 million per annum and hence have a positive impact on the Group’s
financial position in the future.
Premised on the above, the Board is of the view that the Proposed Private Placement will facilitate
the Group to maintain its creditworthiness with its lenders for the continued availability of credit
facilities to fund its business operations which is expected to improve the business and financial
performance of the Group and thus enhance the shareholders’ value in the future.
2.2
Adequacy of the Proposed Private Placement in addressing the Company’s financial concerns
The Proposed Private Placement will enable the Group to raise additional funds from third party
investor(s) expeditiously for the purposes as set out in Section 3 of the Announcement. As at 30
September 2021, the Group has approximately RM141.80 million in cash and bank balances
(inclusive of deposits pledged with financial institution) which will be sufficient to meet its shortterm obligations. Although the Proposed Private Placement will not substantially turn around the
Group’s financial performance, it is adequate at this juncture as an interim measure to reduce the
Group’s existing indebtedness and ensure business continuity is not affected by cash flow
constraints.
As disclosed in Section 5.8 of the Announcement, the Group has undertaken and is undertaking
various measures to improve its financial performance and strengthen its financial position amid
the challenging environments faced by the hospitality and tourism industry as well as the retail
industry in particular. These include, amongst others, the implementation of various cost cutting
measures by the Group, the Proposed Disposal, the opening of new experiential retail store by
Metrojaya at LaLaport BBCC in Kuala Lumpur tentatively in the second quarter of 2022 and the
Proposed A&W Acquisition.
Hence, the Board is of the view that these concerted measures coupled with the efforts to pare down
bank borrowings via the proceeds from the Proposed Private Placement and further fund raising
exercises in the future, if necessary, will support the Group’s aim to strengthen its financial
performance and financial position in the long term.
This announcement is dated 7 February 2022

Zoom

1,193 posts

Posted by Zoom > 2022-02-08 15:43 | Report Abuse

bagus?

kkp999

28 posts

Posted by kkp999 > 2022-02-10 13:38 | Report Abuse

this 10% pp with the price of 0.065 only able to raise 19m. they are diluting our shareholding
scam

alenac

2,615 posts

Posted by alenac > 2022-02-10 13:46 | Report Abuse

This counter is like Berjaya Corp/ Bjland Bhd no punters and institutions trust the owners of the companies.

Zoom

1,193 posts

Posted by Zoom > 2022-02-10 16:15 | Report Abuse

this company young director like conman?

Zoom

1,193 posts

Posted by Zoom > 2022-02-10 16:16 | Report Abuse

noob ooperator....

firehawk

4,771 posts

Posted by firehawk > 2022-03-03 23:52 | Report Abuse

Nothing changed, except account figures change column :-)

chinaman

3,217 posts

Posted by chinaman > 2022-03-08 18:51 | Report Abuse

Borders to reopen on April 1, says PM

beyond2288

1,791 posts

Posted by beyond2288 > 2022-03-09 11:43 | Report Abuse

Why mui going down at 0:055 no support buy back share director?

beyond2288

1,791 posts

Posted by beyond2288 > 2022-03-09 12:35 | Report Abuse

selling asset mui property to cover coss expenses

Faiza

585 posts

Posted by Faiza > 2022-03-09 12:40 | Report Abuse

capital reduction share to 100M, small cap, easy to goring

beyond2288

1,791 posts

Posted by beyond2288 > 2022-03-10 15:50 | Report Abuse

0:095-0:10 will take a time to go back may be end of the year

The_JQuestion

1,513 posts

Posted by The_JQuestion > 2022-03-10 15:57 | Report Abuse

i eat their crispy its a cheap kid chocolate .... cheap ver of kitkat
metrojaya is long dead LOL...this kind of store quite obsolute already

beyond2288

1,791 posts

Posted by beyond2288 > 2022-03-10 17:54 | Report Abuse

0:075 - 0:08

beyond2288

1,791 posts

Posted by beyond2288 > 2022-03-28 14:04 | Report Abuse

quickly to goreng back 0:25 sen please ceo muigrop

beyond2288

1,791 posts

Posted by beyond2288 > 2022-04-01 16:23 | Report Abuse

0:095-0:1O rebound

beyond2288

1,791 posts

Posted by beyond2288 > 2022-04-05 14:16 | Report Abuse

0:095 coming soon

Bmw X5

7,563 posts

Posted by Bmw X5 > 2022-04-06 14:48 | Report Abuse

6.5 mil done at 0.055...confirm insider collecting

dompeilee

11,888 posts

Posted by dompeilee > 2022-04-10 08:52 | Report Abuse

Bankrap...asset 'rich' but debt laden....lots of unmonetisable hotels & resorts with minimal cashflow.

dompeilee

11,888 posts

Posted by dompeilee > 2022-04-10 09:13 | Report Abuse

Dug up my old records to check: surprised to rediscover that I bought 25k MUI @ 20c in 2014 & then SOLD on the way up from 21.5c to 28.5c, earning $632.24, selling down to zero shares.

Bmw X5

7,563 posts

Posted by Bmw X5 > 2022-05-12 17:16 | Report Abuse

Big fish collecting ....get ready

Bmw X5

7,563 posts

Posted by Bmw X5 > 2022-05-13 16:48 | Report Abuse

Take over very likely

Bmw X5

7,563 posts

Posted by Bmw X5 > 2022-05-15 11:23 | Report Abuse

Court case dismissed ...Business as usual .

ocbc

917 posts

Posted by ocbc > 2022-05-24 15:11 | Report Abuse

court case dismissed ??

Bmw X5

7,563 posts

Posted by Bmw X5 > 2022-05-26 16:57 | Report Abuse

Major SH disposing 10mils of share daily...why SC no announcement ?

Bmw X5

7,563 posts

Posted by Bmw X5 > 2022-05-27 13:48 | Report Abuse

Who is silently collecting at 0.055? Major announcement soon ?

Bmw X5

7,563 posts

Posted by Bmw X5 > 2022-05-27 18:23 | Report Abuse

One less useless and incompetents bugger to leach sh !

Bmw X5

7,563 posts

Posted by Bmw X5 > 2022-05-27 21:29 | Report Abuse

Less one BoD , who is next ?

ocbc

917 posts

Posted by ocbc > 2022-07-25 08:23 | Report Abuse

why pp ?

kkp999

28 posts

Posted by kkp999 > 2022-07-25 19:19 | Report Abuse

to dilute small investor shareholding

Bmw X5

7,563 posts

Posted by Bmw X5 > 2022-08-12 19:17 | Report Abuse

Useless...don't buy into a trap

mui6666

3 posts

Posted by mui6666 > 2022-08-24 13:17 | Report Abuse

No point selling assets on a piecemeal basis to pay interest. CEO should show more imagination. Otherwise just take the company private.

chinaman

3,217 posts

Posted by chinaman > 2022-08-25 13:03 | Report Abuse

Another nenek counter...named ah moi but move like nenek very kiam siap...not easy to get angpao from nenek

jack2

1,352 posts

Posted by jack2 > 2022-09-02 15:33 | Report Abuse

winter period, all sharky in hibernation

ocbc

917 posts

Posted by ocbc > 2022-09-02 16:45 | Report Abuse

Young ceo doing better hopefully

mui6666

3 posts

Posted by mui6666 > 2022-09-03 01:06 | Report Abuse

London property booming. If this CEO has any brains, he should do the obvious instead of just being happy with his salary.

chinaman

3,217 posts

Posted by chinaman > 2022-09-24 13:53 | Report Abuse

Piratisation on the way?

OB1234

1 posts

Posted by OB1234 > 2022-09-24 15:42 | Report Abuse

Very surprised that the company is still not taken private. Dysfunctional bunch.

Michael Kwok

6,062 posts

Posted by Michael Kwok > 2022-10-21 15:53 | Report Abuse

Sell call mui 9 cents
21/10/22 3.50pm

Come to join me.situation very critical.

3 as below; I)teach some
II)shares review every one or 2 weeks III)share recommendation or ask to buy or sell share u have.
Sifu Michael(with ang pow picture) in FB. Charging rm 150 per month only. Free one book if stay four month

kkp999

28 posts

Posted by kkp999 > 2022-11-07 11:55 | Report Abuse

Big volume trading at 90c 95c for few weeks already, when are they gonna push beyond

beinvested

2,374 posts

Posted by beinvested > 2022-11-08 17:15 | Report Abuse

Now known to me, it controlled A&W. Not bad.

fl888

7,518 posts

Posted by fl888 > 2022-11-17 10:48 | Report Abuse

If PH wins,cannot buy at 10cts …

tomwah

1,594 posts

Posted by tomwah > 2022-11-22 12:05 | Report Abuse

watch out

Siang9282

309 posts

Posted by Siang9282 > 2022-11-22 14:44 | Report Abuse

ASB

julian1981

900 posts

Posted by julian1981 > 2022-11-22 15:31 | Report Abuse

ASB lai lai..0.3 today

Posted by PennyStock123 > 2022-11-22 15:51 | Report Abuse

this counter linked to DSAI...

Siang9282

309 posts

Posted by Siang9282 > 2022-11-23 22:11 | Report Abuse

https://fb.watch/gZUm4Z04ao/

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