HIAP TECK VENTURE BHD

KLSE (MYR): HIAPTEK (5072)

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Last Price

0.425

Today's Change

-0.015 (3.41%)

Day's Change

0.42 - 0.45

Trading Volume

15,037,500


16 people like this.

17,395 comment(s). Last comment by tksw 35 minutes ago

tkl88

8,712 posts

Posted by tkl88 > 2020-08-13 07:00 | Report Abuse

DJI=> 27,976.84 (+289.93) (+1.05%) !

Jovan

106 posts

Posted by Jovan > 2020-08-13 10:27 | Report Abuse

just hold till TP, momentum is building up..

Diamond7

2,297 posts

Posted by Diamond7 > 2020-08-13 11:00 | Report Abuse

Why buying volume keep moving up?
Something brewing , izzit?
Good quarterly report arhhhh?

Jovan

106 posts

Posted by Jovan > 2020-08-13 14:24 | Report Abuse

Hiaptek start to be profitable in last quarter, result will be better in upcoming quarter.

imvu

7,888 posts

Posted by imvu > 2020-08-13 17:35 | Report Abuse

kaunter besi nak breakout, tunggu masa je...

Kevin Tam

528 posts

Posted by Kevin Tam > 2020-08-13 22:07 | Report Abuse

Hiap teck subsidiary Eastern steel is mining iron ore at Trengganu n producing iron slabs as well .. below 20 cents should be undervalued....

richman

10,110 posts

Posted by richman > 2020-08-14 13:36 | Report Abuse

back to 16cts then rebound

Posted by baby snake > 2020-08-14 20:48 | Report Abuse

Strong support @ 0.16 for the past 4months.

Diamond7

2,297 posts

Posted by Diamond7 > 2020-08-15 20:14 | Report Abuse

Coming quarterly report will be good!
Go..go..go...

tkl88

8,712 posts

Posted by tkl88 > 2020-08-16 18:48 | Report Abuse

DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS) : DEALINGS OUTSIDE CLOSED PERIOD
https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3077699

The Company wishes to announce that the Company has on 12 August 2020 received notification from Mr. Phang Chin Khiong, a Principal Officer of the Company, of his dealing in securities of HTVB as follows:-

PHANG CHIN KHIONG

Name of Offc/D.O.S Date Transac Opening of Bal. Acquisition % of Sec. Price per Sec. Closing Bal.

Ordinary Shares 12/08/2020 500,000 1,000,000 0.073% RM0.17 1,500,000

tkl88

8,712 posts

Posted by tkl88 > 2020-08-17 23:37 | Report Abuse

As at 11.35pm,
Nymex=> $42.55 ‪(+0.54) (+1.29%)‬
Brent=> $45.16 ‪(+0.36) (+0.80%)‬

richman

10,110 posts

Posted by richman > 2020-08-20 18:51 | Report Abuse

The warrants not dropping to 1.5cts.Those who bought holding onto their warrants

richman

10,110 posts

Posted by richman > 2020-08-20 18:52 | Report Abuse

I think they going to play up this counter

imvu

7,888 posts

Posted by imvu > 2020-08-23 01:22 | Report Abuse

tunggu nak naik je ni...

tkl88

8,712 posts

Posted by tkl88 > 2020-08-24 20:47 | Report Abuse

Wow, Fantastic!
Oil price spike up to sky high again !
As at 8.42pm,
Nymex=> $42.76 ‪(+0.42) (+0.99 %)‬ !
Brent=> $45.‪40 (+0.47) (+1.05 %) !‬

Legend

4,119 posts

Posted by Legend > 2020-08-24 21:00 | Report Abuse

Standby sudah lama...

tkl88

8,712 posts

Posted by tkl88 > 2020-08-24 23:39 |

Post removed.Why?

richman

10,110 posts

Posted by richman > 2020-08-25 12:05 | Report Abuse

I am betting Hiaptek quartely results will be good.i am n the wb

tkl88

8,712 posts

Posted by tkl88 > 2020-08-25 16:16 | Report Abuse

As at 4.15 pm,
Dow Jones at=> 28,411.5 (+172.5) (+0.61 %) !

richman

10,110 posts

Posted by richman > 2020-08-25 16:40 | Report Abuse

hiaptek something is brewing collection at 17cts either news or quarterly results.either way 20cts on the way guys

tkl88

8,712 posts

Posted by tkl88 > 2020-08-26 01:33 | Report Abuse

As at 1.27am,
Nymex at => $43.42 (+0.80) (+1.88 %)
Brent at => $46.37 (+0.73) (+1.60 %) !

tkl88

8,712 posts

Posted by tkl88 > 2020-08-26 01:59 | Report Abuse

Gulf Of Mexico Drillers Shut In More Than 82% Of Oil Production
By Charles Kennedy - Aug 25, 2020, 9:00 AM CDT
https://oilprice.com/Energy/Energy-General/Gulf-Of-Mexico-Drillers-Shut-In-More-Than-82-Of-Oil-Production.html

tkl88

8,712 posts

Posted by tkl88 > 2020-08-26 08:31 | Report Abuse

Investment Funds Could Miss Out On Multi-Year Bull Run In Oil & Gas Stocks
By Tsvetana Paraskova - Aug 25, 2020, 1:00 PM CDT

https://www.google.com.my/amp/s/oilprice.com/Energy/Energy-General/Investment-Funds-Could-Miss-Out-On-Multi-Year-Bull-Run-In-Oil-Gas-Stocks.amp.html

Endgame

735 posts

Posted by Endgame > 2020-08-26 11:54 | Report Abuse

Steel stock theme very quiet

tkl88

8,712 posts

Posted by tkl88 > 2020-08-27 21:26 | Report Abuse

Dow Jones futures as at 9.23pm:
28,419.5 (+107.5) (+0.38 %)

tkl88

8,712 posts

Posted by tkl88 > 2020-08-27 22:23 | Report Abuse

As at 10.18pm,
Dow Jones at =>
28,484.54 (+152.62) (+0.54 %) !

tkl88

8,712 posts

Posted by tkl88 > 2020-08-28 08:31 | Report Abuse

Dow Jones closed at=>
28,492.27 (+160.35) (+0.57 %) !

tkl88

8,712 posts

Posted by tkl88 > 2020-08-29 07:51 | Report Abuse

Wow, Amazing !
Oil price continue to spike up !
Brent=> $45.87 ‪(+0.27) (+0.59 %) !‬

tkl88

8,712 posts

Posted by tkl88 > 2020-08-29 10:07 | Report Abuse

Dow Jones closed at=> 28,653.87 (+161.60) (+0.57 %) !

Zuliana

5,395 posts

Posted by Zuliana > 2020-08-29 11:22 | Report Abuse

Good wow
Wow, cannnttteeekkk!
Oil price continue to spike up !
Brent=> $45.87 ‪(+0.27) (+0.59 %)
Good

Zuliana

5,395 posts

Posted by Zuliana > 2020-08-29 12:32 | Report Abuse

Hiaptek
Super good
Look at the chart...
Good

Zuliana

5,395 posts

Posted by Zuliana > 2020-08-29 15:09 | Report Abuse

Hiaptek is the one
Dow Jones closed at=>
28,492.27 (+160.35) (+0.57 %)

tkl88

8,712 posts

Posted by tkl88 > 2020-09-01 18:53 | Report Abuse

As at 6.45pm,
Nymex at => $43.11 (+0.50) (+1.17 %) !
Brent at => $45.86 (+0.58) (+1.28 %) !

richman

10,110 posts

Posted by richman > 2020-09-01 19:41 | Report Abuse

Stock to monitor ended strong at 18

Legend

4,119 posts

Posted by Legend > 2020-09-01 22:22 | Report Abuse

Ya...all in today

tkl88

8,712 posts

Posted by tkl88 > 2020-09-01 23:00 | Report Abuse

As at 10.45pm,*
Nymex at => $43.37 (+0.76) (+1.78 %) !
Brent at => $46.17 (+0.89) (+1.97 %) !

Diamond7

2,297 posts

Posted by Diamond7 > 2020-09-01 23:09 | Report Abuse

What is your TP?

Legend

4,119 posts

Posted by Legend > 2020-09-01 23:11 | Report Abuse

Ready to fly...tomorrow gap up...

tkl88

8,712 posts

Posted by tkl88 > 2020-09-02 08:07 | Report Abuse

Wow, Amazing !‬
‪Dow Jones closed at=>‬
28,645.66 (+215.61) (+0.76 percent) !

sengkee

2,060 posts

Posted by sengkee > 2020-09-02 15:13 | Report Abuse

Slow moving. Buy Dynacia is better.

tkl88

8,712 posts

Posted by tkl88 > 2020-09-02 17:12 | Report Abuse

Dow Jones continue it's bull run !
As at 4.57pm,
28,824.5 (+202.5) (+0.71 %) !

tkl88

8,712 posts

Posted by tkl88 > 2020-09-03 00:59 | Report Abuse

Wow, Fantastic !
As at 12.45am,
Dow Jones at=>28,898.26 (+252.60) (+0.88 %) !

tkl88

8,712 posts

Posted by tkl88 > 2020-09-03 07:41 | Report Abuse

Walaoeh, Dow Jones spike up 500 points,
Super bull is coming !

Dow Jones closed at=>
29,100.50 (+454.84) (+1.59 %) !

DickyMe

14,638 posts

Posted by DickyMe > 2020-09-03 10:18 | Report Abuse

Bought @0.17 sen. All matched.

tkl88

8,712 posts

Posted by tkl88 > 2020-09-03 12:43 | Report Abuse

DickyMe, why suddenly got so confident on steel counter Hiaptek ?

DickyMe

14,638 posts

Posted by DickyMe > 2020-09-03 14:41 | Report Abuse

Steel will be in demand soon. So early preparation to pluck low hanging fruits.

tkl88

8,712 posts

Posted by tkl88 > 2020-09-03 15:07 | Report Abuse

I see ... That’s wise decision!
Good Job !!!

jazz2pai

216 posts

Posted by jazz2pai > 2020-09-03 18:02 | Report Abuse

any news?

richman

10,110 posts

Posted by richman > 2020-09-03 19:02 | Report Abuse

Penetrating the Sabah water market soon

tkl88

8,712 posts

Posted by tkl88 > 2020-09-03 20:00 | Report Abuse

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3085290

OTHERS HIAP TECK VENTURE BERHAD (HTVB OR COMPANY) SUBSCRIPTION OF 49% IN THE SHARE CAPITAL OF JETAMA ALPINE PIPE (SABAH) SDN. BHD. (JAS)
Hiap Teck Venture Berhad

Description: Hiap Teck Venture Berhad(HTVB) Or Company) Subscription Of 49% In The Share Capital Of Jetama Alphine Pipe

INTRODUCTION
 
The Board of Directors of HTVB wishes to announce that on 1 September 2020, Alpine Pipe Manufacturing Sdn. Bhd. (“Alpine”), a wholly-owned subsidiary of the Company, has subscribed for 49 ordinary shares at an issue price of RM1.00 each, and representing 49% in the share capital of JAS.
 
DETAILS OF JAS
 
JAS was incorporated in Malaysia on 1 September 2020 with an issued and paid-up share capital of RM100.00 divided into 100 ordinary shares at an issue price of RM1.00 per share.  The shareholders of JAS are:
 
Parties No. of Ordinary Shares Share Capital at an Issue Price of RM1.00 per share % of Shareholding
Jetama Sdn. Bhd.
(“Jetama”) 51 RM51 51%
Alpine 49 RM49 49%
Total 100 RM100 100%
 
INFORMATION ON JETAMA
 
Incorporated in 1988, Jetama is an indirect wholly-owned company of the State Government of Sabah through Kota Kinabalu Water Sdn. Bhd., a subsidiary of Sabah Development Bhd. Jetama is the concession holder, until 2033, for the supply of treated water to Kota Kinabalu and the surrounding water supply areas of Tuaran, Penumpang and Pagar.  The issued and paid-up share capital of Jetama is RM65,800,000.00.
 
INFORMATION ON ALPINE
 
Alpine is a wholly-owned subsidiary of the Company and is principally engaged in the manufacture and sale of steel pipes, hollow sections and other steel products for a wide range of applications in the building, construction and infra-structural related sectors, water, oil and gas and the general manufacturing industries.  The issued and paid-up share capital of Alpine is RM20,000,000.00
 
PURPOSE OF JAS
 
The purpose for setting up JAS is a collaboration between Jetama and Alpine to penetrate the Sabah market for pipes and hollow sections, where Jetama has the local knowledge and Alpine will supply the products and provide the technical expertise.
 
SOURCES OF FUNDING
 
The investment of RM49.00 will be funded by internally generated funds of HTVB.
 
FINANCIAL EFFECT
 
There are no material effects to the earnings, net assets and gearing of the HTVB Group for the financial year ending 31 July 2020 arising from the investment in JAS.
 
INTERESTS OF DIRECTORS, MAJOR SHAREHOLDERS AND PERSONS CONNECTED WITH THEM
 
None of the Directors, major shareholders of HTVB and/or persons connected to them have any interest, direct or indirect, in JAS.
 
PERCENTAGE RATIO
 
The highest percentage ratio for the Company’s investment in JAS is insignificant based on the latest audited financial statements of HTVB for the financial year ended 31 July 2019.
 
This announcement is dated 3 September 2020.

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