SEAL INCORPORATED BHD

KLSE (MYR): SEAL (4286)

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Last Price

0.745

Today's Change

-0.03 (3.87%)

Day's Change

0.74 - 0.765

Trading Volume

453,800


9 people like this.

4,114 comment(s). Last comment by Good123 4 days ago

thesteward

6,781 posts

Posted by thesteward > 2024-01-04 12:11 | Report Abuse

Star of 2024 possibly

rohank71

909 posts

Posted by rohank71 > 2024-01-13 19:37 | Report Abuse

don't forget this super stock which is hibernating now.

Posted by wallstreetrookieNEW > 2024-01-18 22:29 | Report Abuse

Seal Incorporated Berhad
Stocks to Watch 2024

Rocket888

48 posts

Posted by Rocket888 > 2024-02-06 13:24 | Report Abuse

Any good news?

Posted by wallstreetrookieNEW > 2024-02-06 16:20 | Report Abuse

Nope, but still holding

Posted by wallstreetrookieNEW > 2024-02-06 16:20 | Report Abuse

Not yet

Rocket888

48 posts

Posted by Rocket888 > 2024-02-07 17:49 | Report Abuse

Seal Incorporated Bhd is diversifying into solar project engineering, procurement, construction and commissioning (EPCC) by subscribing for ordinary and preference shares of MSR Green Energy Sdn Bhd (MSRGE) in a RM15m deal which could see it raising its stake in the solar EPCC outfit to 20%. The proposed subscription is a related party transaction, as MSRGE is 50.96%-owned by KVC Corp Sdn Bhd, which is in turn linked to Seal’s 29.22% shareholder Aaron Chen Khai Voon. The injection comes a little over six months after Chen, who has direct and indirect interest of 12.32% in Genetec Technology Bhd, emerged as a substantial shareholder in Seal back in July 2023. (The Edge)

Posted by wallstreetrookieNEW > 2024-02-08 16:23 | Report Abuse

happy new years @Rocket888

Rocket888

48 posts

Posted by Rocket888 > 2024-02-09 21:09 | Report Abuse

Happy Chinese New Year 2024 @wallstreetrookieNEW

Rocket888

48 posts

Posted by Rocket888 > 2024-02-09 21:14 | Report Abuse

MR CHEN KHAI VOON (a substantial shareholder) acquired 1,065,000 shares on 08-Feb-2024.

Michael Kwok

6,361 posts

Posted by Michael Kwok > 2024-02-09 23:28 | Report Abuse

Seal 53
Suppory 52 cents
If breach the support;
Tp in 40 cents lower range.
9/2/24 11.28pm

Posted by wallstreetrookieNEW > 2024-02-15 15:10 | Report Abuse

Add

Posted by wallstreetrookieNEW > 2024-02-15 15:13 | Report Abuse

Wait until retail investor fully washed out

Posted by drfarfar > 2024-02-19 16:32 | Report Abuse

Sending you the best wishes for success, happiness, https://drfarfar.net/, and all the good things life has to offer https://drfarfar.net/ccleaner-portable-free-download/.
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luckyman

728 posts

Posted by luckyman > 2024-02-22 13:31 | Report Abuse

https://disclosure.bursamalaysia.com/FileAccess/apbursaweb/download?id=144348&name=EA_GA_ATTACHMENTS

Upon the Subscription Shares being allotted to the Company, the Company will have an
equity stake of 20% in MSRGE. MSRGE shall have the right to convert the MSRGE ICPS
to ordinary shares in MSRGE at a conversion ratio of one (1) new ordinary share in
MSRGE for every one (1) MSRGE ICPS as and when MSRGE allot and issue any ordinary share to other shareholders of MSRGE, so that the Company’s 20% equity stake in
MSRGE will be maintained at all times.

The Proposed MSRGE Investment will also provide an avenue for Seal Group to progressively transform into an environmental, social and governance (“ESG”) entity which will accord Seal Group with greater recognition and support amongst investors, in particular among the larger institutional investors who invest based on ESG criteria.
Every year, about 43% of climate finance (USD30.6 billion) flowing from developed to developing countries is channelled to Asia.

MSRGE, with a solid track record in commissioning more than approximately 140MWp solar PV, expects to benefit from the above programme launched by the government as these new quotas will come with EPCC works which is one of MSRGE’s key strength. The key management of MSRGE also equipped with experience in commissioning the floating solar PV in Malaysia as well as the large-scale solar which will provide competitive advantages to MSRGE in EPCC jobs bidding for the solar PV quota launched by the government.

MSRGE also aims to become a RE assets owner and venture into EPCC for other RE
technologies.

In essence, SEAL will transform into a Renewable Energy player which will ride on the robust and growing RE business sector for the next 5 years especially in relation to the on-going booming development of data centers which normally prefer to be partially powered by solar energy in order to be in compliance with the ESG requirements.

luckyman

728 posts

Posted by luckyman > 2024-02-23 18:02 | Report Abuse

https://theedgemalaysia.com/node/702050
This article may help explain why it is good to capitalize and ride on the data centre industry which should be blooming for the next 5 years given that Artificial Intelligence (AI) has become more and more important in all industries. AI needs a lot more of data centres which also need a lot more of solar power to comply with ESG thingy. Malaysia is also an ideal place for data centres due to abundance of sunlights and relatively cheap land.
https://klse.i3investor.com/web/stock/substantial-shareholder/4286

luckyman

728 posts

Posted by luckyman > 2024-02-28 21:55 | Report Abuse

The Group is currently focusing on the Queensville Phase 2 construction project located in Bandar Sri Permaisuri, Kuala Lumpur (“Queensville”) and a property development project in Penang, Bayan Suites. Queensville with an estimated gross development value RM806 million comprises of 3 blocks of service apartments with a total of 972 units of service apartments and a shopping mall while Bayan Suites with an estimated gross development value of RM204 million comprises of 20 units of shop lots and 326 units of residential units. Queensville is expected to bring in revenue to the Group in the next quarter while Bayan Suites is expected to be launched in the 4th quarter of FY2024.

The Group will continue to explore other opportunities, such as venturing into renewable energy industries. The venturing into renewable energy by the Group
is expected to contribute positively to the Group’s earnings.
https://disclosure.bursamalaysia.com/FileAccess/apbursaweb/download?id=227106&name=EA_FR_ATTACHMENTS

Posted by doramaswow > 2024-03-02 06:48 | Report Abuse

Your informative article reflects a commendable approach to handling data, showcasing your diligent work. May your aspirations be fulfilled, and may joy and triumph accompany you in all your pursuits. Best wishes to you, always

Posted by doramaswow > 2024-03-02 06:49 | Report Abuse

Your informative article showcases a commendable approach to handling data, reflecting your dedication to quality work. I extend my best wishes for the realization of all your dreams, and may happiness and success accompany you in every endeavor. Wishing you continuous success and fulfillment in all your pursuits.https://doramaswow.me/

luckyman

728 posts

Posted by luckyman > 2024-04-08 19:43 | Report Abuse

The Board wishes to announce that the Proposed MSRGE Investment has been completed on 8 April 2024 in accordance with the terms and conditions of the Subscription Agreement.

Upon completion of the Proposed MSRGE Investment, MSRGE has become a 20%-owned associated company of Seal. The Proposed MSRGE Investment is expected to benefit the Group from the prospects, potentials, and growth of the renewable energy industry in Malaysia and contribute positively to the earnings of the Group in the future.

MSRGE is expected to undertake various EPCC works for solar and renewable energy segment. MSRGE is principally involved in the business of installation and servicing of solar PV system, renewable energy projects management, consultancy and construction, electrical works and any other ancillary business.

https://disclosure.bursamalaysia.com/FileAccess/apbursaweb/download?id=146182&name=EA_GA_ATTACHMENTS

winner168

17 posts

Posted by winner168 > 2024-06-20 13:52 | Report Abuse

Seal to day up 10%, what's the good news?

luckyman

728 posts

Posted by luckyman > 2024-06-23 17:09 | Report Abuse

https://www.thestar.com.my/business/insight/2024/06/22/data-centres---beware-of-the-pitfalls
Plenty of opportunities for MSRGE.........

Apastock

148 posts

Posted by Apastock > 2024-06-23 23:10 | Report Abuse

macam ade ikut

Posted by 924654264 > 2024-06-26 20:48 | Report Abuse

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Posted by 924654264 > 2024-06-26 20:49 | Report Abuse

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Posted by 924654264 > 2024-06-26 20:50 | Report Abuse

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Posted by Citydweller > 2 months ago | Report Abuse

What's the latest news on SEAL ?

Cheah5555

186 posts

Posted by Cheah5555 > 2 months ago | Report Abuse

The power of Aaron Chen, something brewing, previously Genetec, up sky-high

luckyman

728 posts

Posted by luckyman > 1 month ago | Report Abuse

https://disclosure.bursamalaysia.com/FileAccess/apbursaweb/download?id=149709&name=EA_GA_ATTACHMENTS

Good news.
Effectively the group is going into the development of a green digital park which will mean developing an industrial park for data centers and other green technology companies.
The green digital park will likely be the catalyst for the company to experience powerful growth in the next 3 years given that the mushrooming of data centers in Johor which is benefiting from its close proximity to Singapore which will also need to have more data centers to support and maintain its advanced economy state in the future.

luckyman

728 posts

Posted by luckyman > 3 weeks ago | Report Abuse

https://theedgemalaysia.com/node/726447

Global funds rush into Malaysian, Southeast Asian stocks as Fed pivot play

Michael Kwok

6,361 posts

Posted by Michael Kwok > 3 weeks ago |

Post removed.Why?

luckyman

728 posts

Posted by luckyman > 3 weeks ago | Report Abuse

Good news.
RM645m contract to be completed by 30 June 2025. Decent amount of profit can be recognized starting next quarter.

https://theedgemalaysia.com/node/726683

Bull13

1,090 posts

Posted by Bull13 > 3 weeks ago | Report Abuse

Sabah' s new growth story and center.

Bull13

1,090 posts

Posted by Bull13 > 3 weeks ago | Report Abuse

Seal's legal proceedings all settled. Read announcement 29 August. Super clean profitable company now. With this 655m award, SEAL can look forward to breaking RM1 very soon...

Bull13

1,090 posts

Posted by Bull13 > 3 weeks ago | Report Abuse

Settlement costs already provided for in previous accounts. No financial impact at all.

Posted by cockcanfly > 3 weeks ago | Report Abuse

good news? why price crashed then ?

luckyman

728 posts

Posted by luckyman > 3 weeks ago | Report Abuse

Some investors tend to buy on rumours and sell on news.

Maybe not many people realize that the RM645m BESS project will be completed within a short period i.e. by 30 Jun 2025. The ability to complete such sizable project within tight timeframe will be a testament of the capability of MSR to secure more projects in the future and its vast growth potential.

We can also expect more good news from MSR since there is a profit guarantee element in the earlier share sale agreement between Seal and the vendors of MSR.

luckyman

728 posts

Posted by luckyman > 2 weeks ago | Report Abuse

The following article will help explain why MSR has a very exciting future and will contribute very significantly to the profit growth of SEAL given its strong BESS capability and mushrooming of data centers in Malaysia. Moreover, the profit margin for BESS projects can be higher than 30%. MSR should be able to secure a few more BESS projects in the next 12 months, not to mention that it has yet to unveil more info on the development of its digital green park mentioned in its earlier announcement pertaining to the acquisition of additional 10% stake in MSR.

https://blog.se.com/datacenter/2024/05/08/get-up-to-speed-battery-storage-is-as-essential-for-data-centers-as-it-is-for-formula-one-cars/#:~:text=And%20should%20you%20need%20more,%2C%20cost%2C%20and%20sustainability%20benefits.

Posted by failorangdalam > 1 week ago | Report Abuse

Projek BESS Sabah : Rakyat rugi 50 Juta setahun tapi Bung Moktar rembat RM 100 juta dari Chen Khai Voon Seal Incorporated Bhd

https://themalaysiacorporate.com/2024/09/25/projek-bess-sabah-rakyat-rugi-50-juta-setahun-tapi-bung-moktar-rembat-rm-100-juta-dari-chen-khai-voon-seal-incorporated-bhd/

luckyman

728 posts

Posted by luckyman > 1 week ago | Report Abuse

https://theedgemalaysia.com/node/728032

Asian stocks set to rise as dollar strengthens on yen

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