M & A EQUITY HOLDINGS BERHAD

KLSE (MYR): M&A (7082)

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Last Price

0.36

Today's Change

-0.005 (1.37%)

Day's Change

0.355 - 0.365

Trading Volume

5,978,000


7 people like this.

3,210 comment(s). Last comment by BanyakZhun 4 days ago

HTCS

108 posts

Posted by HTCS > 2021-07-26 23:04 | Report Abuse

Closing time big volume flow in .

D405060

15 posts

Posted by D405060 > 2021-07-29 10:13 | Report Abuse

gerak la
,darurat sudah over

Posted by staronenew > 2021-08-02 19:00 | Report Abuse

time to go high

feenix1522

174 posts

Posted by feenix1522 > 2021-08-03 09:22 | Report Abuse

problem syf.....all factory kena.... covid...rumour....can confirm ah????

BanyakZhun

245 posts

Posted by BanyakZhun > 2021-08-07 22:41 | Report Abuse

Has been patient for months….!! Bila nak show time?

mystery

489 posts

Posted by mystery > 2021-08-09 17:22 | Report Abuse

No show, bye

SpikeNow

204 posts

Posted by SpikeNow > 2021-08-13 10:07 | Report Abuse

this one many recommend today but i find it really hard to move . i pass

zhm540

2,451 posts

Posted by zhm540 > 2021-09-06 10:06 | Report Abuse

EMICO is already up...waiting for SYF to follow...

Jokers2020

2,006 posts

Posted by Jokers2020 > 2021-09-06 10:10 | Report Abuse

annum will be better choice..emico drop d

zhm540

2,451 posts

Posted by zhm540 > 2021-09-06 10:44 | Report Abuse

no need to up so much, limit up pun jadi lah...

canbuyla

545 posts

Posted by canbuyla > 2021-09-08 14:40 | Report Abuse

hoot 9e sifu all in

thesteward

6,746 posts

Posted by thesteward > 2021-09-09 09:27 | Report Abuse

Pattern very Sui di . Hopefully spike within a week. Fingers crossed

B4b4

7,567 posts

Posted by B4b4 > 2021-09-10 10:47 | Report Abuse

Time to buy....

mystery

489 posts

Posted by mystery > 2021-09-10 11:22 | Report Abuse

run run run

B4b4

7,567 posts

Posted by B4b4 > 2021-09-10 12:12 | Report Abuse

Why run? Cash rich company, good revenue and good profit too despite pandemic times.

zhm540

2,451 posts

Posted by zhm540 > 2021-09-10 16:51 | Report Abuse

1. Disposal of 48,600,000 ordinary shares via off market 2. Disposal of 17,400,000 ordinary shares via open market

Looks like new major shareholder is coming on board!

mystery

489 posts

Posted by mystery > 2021-09-13 15:03 | Report Abuse

not cash rich, high borrowing

volks2

1,116 posts

Posted by volks2 > 2021-09-14 09:09 | Report Abuse

Should be a RTO and believe going to announce very soon.

B4b4

7,567 posts

Posted by B4b4 > 2021-09-15 09:27 | Report Abuse

125.6m shares sold via off-market at 42-43s and 50.4m shares via open-market at 44-45s. Something is brewing here.

B4b4

7,567 posts

Posted by B4b4 > 2021-09-17 09:37 | Report Abuse

Selling furnitures worldwide. Good sales globally. Many furnitures destroyed by floods all over the world, sorry to say that.

Posted by ongzhenghong > 2021-09-27 20:45 | Report Abuse

RTO to be announce tomorrow?

PJ3036

7 posts

Posted by PJ3036 > 2021-09-27 22:58 | Report Abuse

what is RTO?

PN2020

247 posts

Posted by PN2020 > 2021-09-28 00:52 | Report Abuse

Right time to offload

TMMC

348 posts

Posted by TMMC > 2021-09-28 19:30 | Report Abuse

Roti Telur Onion ?

thesteward

6,746 posts

Posted by thesteward > 2021-09-29 09:07 | Report Abuse

I think better chow come back lower ?

thesteward

6,746 posts

Posted by thesteward > 2021-09-29 10:47 | Report Abuse

Yesterday many retailers kena stuck me too chased 44 sigh …..
next time won’t bet result . Lesson learnt

thesteward

6,746 posts

Posted by thesteward > 2021-09-29 14:56 | Report Abuse

Scared lo if big wash tomolo before slowly climbing back

thesteward

6,746 posts

Posted by thesteward > 2021-09-29 14:57 | Report Abuse

Many retailers trap at top floor yesterday

Michael Kwok

6,057 posts

Posted by Michael Kwok > 2021-10-04 17:54 |

Post removed.Why?

followKing

408 posts

Posted by followKing > 2021-10-05 12:31 | Report Abuse

wahahah......

TheContrarian

8,599 posts

Posted by TheContrarian > 2021-10-05 21:18 | Report Abuse

Tomorrow suspended.

another77

232 posts

Posted by another77 > 2021-10-05 21:32 | Report Abuse

Together with Insas and Mieco for RTO?

volks2

1,116 posts

Posted by volks2 > 2021-10-05 21:38 | Report Abuse

Tomorrow is the day !!!!

Dhanuja1

12 posts

Posted by Dhanuja1 > 2021-10-06 07:26 | Report Abuse

Suspended and will be at 0.60 during opening. Please take note guys.

BanyakZhun

245 posts

Posted by BanyakZhun > 2021-10-06 07:56 | Report Abuse

Surprise….!!!

followKing

408 posts

Posted by followKing > 2021-10-06 08:07 | Report Abuse

good news?

周 海

171 posts

Posted by 周 海 > 2021-10-06 09:26 | Report Abuse

Insas buying Mieco and SYF?

Posted by Stronkstock > 2021-10-06 09:42 | Report Abuse

What is brewing in here?

Dhanuja1

12 posts

Posted by Dhanuja1 > 2021-10-06 09:47 | Report Abuse

All good news and nothing to be worried. Stay patiently

Dhanuja1

12 posts

Posted by Dhanuja1 > 2021-10-06 18:36 | Report Abuse

As I said earlier SYF will limit up tomorrow. Get ready guys. SMTM

krish52

257 posts

Posted by krish52 > 2021-10-06 19:11 | Report Abuse

wait for the opening tomorrow. every can see what's coming on the way.

Dinasour

61 posts

Posted by Dinasour > 2021-10-06 19:34 | Report Abuse

Tomorrow limit up! Opening time with straight go to 0.65

another77

232 posts

Posted by another77 > 2021-10-06 19:52 | Report Abuse

Where is this 18c special Dividend come from?

Posted by BURSAMASTER > 2021-10-06 19:56 | Report Abuse

M&A to list on Bursa with reverse takeover of SYF
CORPORATE NEWS
Wednesday, 06 Oct 2021

6:24 PM MYT

KUALA LUMPUR: Insas Bhd has proposed to inject its wholly-owned subsidiary M & A Securities Sdn Bhd into SYF Resources Bhd.

Under the proposal, Insas will dispose of its 100% equity stake in M&A to SYF, comprising 100 million ordinary shares and 60 million redeemable convertible preference shares, in exchange for 1.58 billion new SYF shares, valuing M&A at RM222mil.

In a statement Wednesday, Insas said the proposed M&A disposal was essentially a backdoor listing of M&A via SYF, which would enable Insas to create a separate listing platform for M&A on the Main Market of Bursa Securities.

“The listing status of M&A Group on the Main Market of Bursa Securities will enable it to raise its future equity and debt funding requirement through the capital market independently from Insas Group, expand its customer base, as well as retain and attract new employees from the financial services industry,” it said.


Upon completion of the proposed M&A disposal, SYF will see a name change to M&A Capital Bhd, which will be principally involved in the business of financial services via M&A Group.


Insas will emerge as the new controlling shareholder of SYF with 75.9% stake, from 8.8% currently. It will also seek an exemption from undertaking a mandatory offer for the remaining shares in the company.

As part of the overall proposal to transform SYF into a financial services group, SYF has proposed to dispose of its rubberwood furniture manufacturing arm, and two parcels of lands in Cheras for a total consideration of RM71.2mil cash.

Subsequently, SYF intends to undertake a special dividend cum capital repayment exercise of RM102.4mil or 18 sen per share to reward its shareholders on an entitlement date to be determined later.

It said the special dividend of seven sen and capital repayment of 11 sen per SYF share would be funded via proceeds from the proposed SYF disposals, with the remaining from existing cash in SYF.

Concurrently, SYF also proposed a one-for-two rights issue of its shares at 14 sen apiece to raise approximately RM39.8mil; as well as a restricted issue of approximately 10% of its enlarged share capital after the proposed acquisition of M&A, also at 14 sen per share, to raise RM30.2mil.

The application for the proposals is expected to be submitted to the relevant authorities by end December 2021.

Subject to approvals from relevant parties including Securities Commission, Bursa Securities as well as shareholders of Insas and SYF, the proposals are expected to be completed in the second half of 2022.

happyfire

24 posts

Posted by happyfire > 2021-10-06 20:28 | Report Abuse

NTA have 0.380. but I think tmr this shares might sell down. Those DBT 0.430 tonight cannot sleep well d.

Jenny

522 posts

Posted by Jenny > 2021-10-06 20:40 | Report Abuse

Insas 老板真的是奸商,附加股才14sen,现在市场价44sen! 可怜的股东们。

Dhanuja1

12 posts

Posted by Dhanuja1 > 2021-10-06 21:08 | Report Abuse

Special dividend RM0.07
Capital repayment RM0.11
Total to receive RM0.18

Dinasour

61 posts

Posted by Dinasour > 2021-10-06 21:12 | Report Abuse

WC said h9e, tomorrow surely limit up!

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