UEM SUNRISE BERHAD

KLSE (MYR): UEMS (5148)

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Last Price

1.03

Today's Change

0.00 (0.00%)

Day's Change

1.02 - 1.07

Trading Volume

19,043,100


20 people like this.

13,890 comment(s). Last comment by 凯翔 赖 3 days ago

rich_

221 posts

Posted by rich_ > 2015-09-14 21:07 | Report Abuse

Tabung Haji buying. Will ValueCap also buy?
http://www.bursamalaysia.com/market/listed-companies/company-announcements/4866981

labu83

2,565 posts

Posted by labu83 > 2015-09-14 22:04 | Report Abuse

Big buyer inside,maybe they know,uems the best solutions,wait n patient,
Another tm,digi,tenaga,Fgv ,hope next uems,hope break 1.2

Inve3tor

330 posts

Posted by Inve3tor > 2015-09-14 22:41 | Report Abuse

Shall we enter this right now?

ken75SHG

246 posts

Posted by ken75SHG > 2015-09-14 23:11 | Report Abuse

Tomolo fun miss e boat.

hng33

20,033 posts

Posted by hng33 > 2015-09-15 09:19 | Report Abuse

Bought UEMS 1.10

hng33

20,033 posts

Posted by hng33 > 2015-09-15 09:21 | Report Abuse

Sold at 1.13

Posted by Billygunman > 2015-09-15 09:46 | Report Abuse

Hear another one will limit up today after FGV..

UMA

692 posts

Posted by UMA > 2015-09-15 09:53 | Report Abuse

Drop...

labu83

2,565 posts

Posted by labu83 > 2015-09-15 10:24 | Report Abuse

Why drop,of course rally up,watch Clearly,1.2 very easy to break immediately

UMA

692 posts

Posted by UMA > 2015-09-15 10:27 | Report Abuse

Over price...

ewawa

184 posts

Posted by ewawa > 2015-09-15 11:46 | Report Abuse

Uems gone???

Posted by FBMKLCI2015 > 2015-09-15 12:00 | Report Abuse

Let's move to aemulus! Just IPO today..TP60cents!!

azera

285 posts

Posted by azera > 2015-09-15 12:06 | Report Abuse

So fast finished

timss

565 posts

Posted by timss > 2015-09-15 12:14 | Report Abuse

running out of gas?

labu83

2,565 posts

Posted by labu83 > 2015-09-15 12:58 | Report Abuse

Evening show will be good

BN_menang

2,982 posts

Posted by BN_menang > 2015-09-15 13:00 | Report Abuse

Agree. Malaysia day rally will come.

Posted by labu83 > Sep 15, 2015 12:58 PM | Report Abuse
Evening show will be good

ken75SHG

246 posts

Posted by ken75SHG > 2015-09-15 13:30 | Report Abuse

Soon 1.2

azera

285 posts

Posted by azera > 2015-09-15 13:37 | Report Abuse

Labu83 so confident?u got share?

abdulrahim

397 posts

Posted by abdulrahim > 2015-09-15 13:44 | Report Abuse

1000lots in my pocket at rm1

labu83

2,565 posts

Posted by labu83 > 2015-09-15 14:02 | Report Abuse

Yup I have share,I collected cheap mother and call warrant,booming..

labu83

2,565 posts

Posted by labu83 > 2015-09-15 14:05 | Report Abuse

Hope a legend goreng uems come back,slowly up,more buyer,

labu83

2,565 posts

Posted by labu83 > 2015-09-15 14:10 | Report Abuse

Slowly test higher price,hopefully break next level 1.16

abdulrahim

397 posts

Posted by abdulrahim > 2015-09-15 14:40 | Report Abuse

dont worry, TH buying what... TP long. Good dividend.

UMA

692 posts

Posted by UMA > 2015-09-15 14:50 | Report Abuse

China penic selling...

UMA

692 posts

Posted by UMA > 2015-09-15 14:50 | Report Abuse

Market no good!!!!

labu83

2,565 posts

Posted by labu83 > 2015-09-15 15:01 | Report Abuse

Now klse will good performance,budget 2016 like good to give momentum construction n property,

Inve3tor

330 posts

Posted by Inve3tor > 2015-09-15 17:22 | Report Abuse

any news out about property construction?

labu83

2,565 posts

Posted by labu83 > 2015-09-15 20:40 | Report Abuse

On the way submit bid for bandar Malaysia,hopefully win from 4 bid lastly,

labu83

2,565 posts

Posted by labu83 > 2015-09-15 22:32 | Report Abuse

Big aquired,not bad

zackboy

242 posts

Posted by zackboy > 2015-09-17 08:34 | Report Abuse

Good morning people! Love you all!

jacson

16 posts

Posted by jacson > 2015-09-17 09:08 | Report Abuse

up up up

hng33

20,033 posts

Posted by hng33 > 2015-09-17 09:27 | Report Abuse

Bought at 1.10

yellowman

541 posts

Posted by yellowman > 2015-09-17 09:29 | Report Abuse

hng33 for contra??

hng33

20,033 posts

Posted by hng33 > 2015-09-17 09:47 | Report Abuse

Bought more at 1.08-1.09

hng33

20,033 posts

Posted by hng33 > 2015-09-17 11:10 | Report Abuse

Sold back all at 1.10, realize slim contra gain

gt91

540 posts

Posted by gt91 > 2015-09-17 11:36 | Report Abuse

hng33 u smartass hahahaha, dareful uh!

labu83

2,565 posts

Posted by labu83 > 2015-09-17 12:11 | Report Abuse

Profit 20k or 100k,very fast u sell

labu83

2,565 posts

Posted by labu83 > 2015-09-17 12:11 | Report Abuse

Hehe

hng33

20,033 posts

Posted by hng33 > 2015-09-17 15:05 | Report Abuse

labu83

Profit is slim for UEMS contra today, just 3D only.

hng33

20,033 posts

Posted by hng33 > 2015-09-17 15:12 | Report Abuse

Bought back at 1.08

hng33

20,033 posts

Posted by hng33 > 2015-09-17 15:25 | Report Abuse

Sold back all again at 1.09

labu83

2,565 posts

Posted by labu83 > 2015-09-17 15:33 | Report Abuse

Better u play Sona,thheavy,Jaks if want handsome contra profit,maybe u can more lot to buy if u buy Sona warrant rm20k

labu83

2,565 posts

Posted by labu83 > 2015-09-17 15:54 | Report Abuse

They blocked for contra

hng33

20,033 posts

Posted by hng33 > 2015-09-17 16:13 | Report Abuse

hahaha, true, no worth to play again for 3D, better swap to play GOB for 5D profit :D)

T J

50 posts

Posted by T J > 2015-09-17 21:43 | Report Abuse

UEM Sunrise plans to issue RCPS to raise up to RM793m
http://www.stockhut.com.my/news/68066

yongyou

4,676 posts

Posted by yongyou > 2015-09-17 21:50 | Report Abuse

UEM Sunrise plans to issue RCPS to raise up to RM793m

Published at 2015-09-17 21:04:49 by The Edge

KUALA LUMPUR (Sept 17): UEM Sunrise Bhd (UEMS) and its major shareholder UEM Group Bhd (UEMG) have mutually agreed to terminate a previous share subscription agreement and replace it with a subscription agreement for the proposed issuance of up to 793 million new UEMS redeemable convertible preference shares (UEMS-RCPS), in light of recent movements in the market price of UEMS shares.

UEMS’ share price, which was trading at RM1.43 at the start of the year on Jan 2, has slid 25.17% to RM1.07 at the close of trading today.

Under the new UEMS-RCPS agreement, UEMG agrees to subscribe for up to 793 million of the five-year UEMS-RCPS at an issue price of RM1 each for an aggregate sum of up to RM793 million, to be satisfied fully in cash.

Each of the RCPS can be converted to 1 UEMS share — at any time after the 54th month from the issuance date at the option of the subscriber — at RM1.60 apiece, subject to adjustments, if any.

Based on the issue price, UEMS is expected to raise gross proceeds of up to RM793 million.

The gross proceeds will be utilised to maintain its stake in subsidiary Bandar Nusajaya Development Sdn Bhd through the redemption of 450 million RCPS of RM1 each issued by Bandar Nusajaya to UEMG in 2005.

In the event the RCPS are not redeemed, the RCPS will be automatically converted into Bandar Nusajaya shares on its maturity, resulting in UEMG having a direct stake in Bandar Nusajaya of approximately 21.8%.

Previously, under the now terminated agreement dated April 3, 2015, UEMG had agreed to subscribe for 524.4 million new shares of 50 sen each in UEMS, at an issue price of RM1.47. That share subscription was expected to raise about RM770.9 million for UEMS.

In its filing today, UEMS has further proposed to amend its memorandum and articles of association to facilitate the issuance of the RCPS, as well as to reclassify the mandatory convertible redeemable preference shares of 1 sen each in the group.

The proposals above are subject to the approval of the non-interested shareholders of UEMS at an extraordinary general meeting to be convened.

Barring any unforeseen circumstances, UEMS expects the proposals to be completed by the fourth quarter of this year.

It should be noted that sovereign wealth fund Khazanah Nasional Bhd holds 100% equity interest in UEMG, which in turn holds 66% equity interest in UEMS as at the date of the proposals.

UEMS’ closing price of RM1.07 today, down 1 sen or 0.93% from yesterday’s close, gives it a market capitalisation of RM4.9 billion.

(Note: The Edge Research’s fundamental score reflects a company’s profitability and balance sheet strength, calculated based on historical numbers. The valuation score determines if a stock is attractively valued or not, also based on historical numbers. A score of 3 suggests strong fundamentals and attractive valuations.)

Jack Hooi

165 posts

Posted by Jack Hooi > 2015-09-17 22:08 | Report Abuse

Is it worth to hold it?
I bought 30 lot at RM 1.12

labu83

2,565 posts

Posted by labu83 > 2015-09-17 22:17 | Report Abuse

Hurmmm,positive

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