SUPERMAX CORPORATION BHD

KLSE (MYR): SUPERMX (7106)

You're accessing 15 mins delay data. Turn on live stream now to enjoy real-time data!

Last Price

1.12

Today's Change

-0.03 (2.61%)

Day's Change

1.11 - 1.14

Trading Volume

8,464,400


102 people like this.

226,122 comment(s). Last comment by chunah 5 hours ago

pang72

52,355 posts

Posted by pang72 > 1 month ago | Report Abuse

After 3 to 4 years post covid, top glove, supermx, harta and KOSSAN 4 stars realign again...

FACEBOOK LIVE SIFU WEARING GLOVE AND LAMBOGINI DOING LIVE ALWAYS GREAT MOMENT

mf

29,703 posts

Posted by mf > 1 month ago | Report Abuse

7106 SUPERMX, SUPERMAX CORPORATION BHD - +
MULTIPLE PROPOSALS
18 Dec 2024, 12:55
MULTIPLE PROPOSALS
MULTIPLE PROPOSALS
SUPERMAX CORPORATION BERHAD ("SCB" OR THE "COMPANY")I. PROPOSED BONUS ISSUE OF
SHARES; ANDII. PROPOSED BONUS ISSUE OF WARRANTS(COLLECTIVELY REFERRED TO AS THE
"PROPOSALS")
You are advised to read the entire contents of the announcement or attachment.
To read the entire contents of the announcement or attachment, please access
the Bursa website at http://www.bursamalaysia.com

pang72

52,355 posts

Posted by pang72 > 1 month ago | Report Abuse

$1.22 your last train to meet superman at cheap entry...

See you $2.00

pang72

52,355 posts

Posted by pang72 > 1 month ago | Report Abuse

All the way up... Nonstopable...

dompeilee

11,888 posts

Posted by dompeilee > 1 month ago | Report Abuse

Shorties not just pee, but now 💩 scared! Black Christmas for these gamblers who refuse to put down any of their $ on the line now PAY big time for our Golden Christmas!!!😆

Scott Tan

92 posts

Posted by Scott Tan > 1 month ago | Report Abuse

long term should be rm5

Posted by Yi Long Mask > 1 month ago | Report Abuse

Shortist only can say at home and cry no more go out new year countdown

pang72

52,355 posts

Posted by pang72 > 1 month ago | Report Abuse

So excited for the opening ceremony for Supermx Texas facility in Jan25..

Posted by Yi Long Mask > 1 month ago | Report Abuse

Fuyooh, 1.22 closed, eat all please

newbie9893

2,499 posts

Posted by newbie9893 > 1 month ago | Report Abuse

Pang72, gap up open tomorrow?

Posted by Yi Long Mask > 1 month ago | Report Abuse

Friday Topglove Quarter result, tomorrow sure continue up to sky

pang72

52,355 posts

Posted by pang72 > 1 month ago | Report Abuse

Yes, I expect gap up then all the way up for 2025..

$2,$3.... You set your target...

It is marvellous year

Posted by Yi Long Mask > 1 month ago | Report Abuse

Glove has consolidate for 3 years and this round can go very very high, Stanley power!

pang72

52,355 posts

Posted by pang72 > 1 month ago | Report Abuse

https://youtu.be/tW_SAUwnbAY?si=8Mbza9zFb5pnKpQE

TRUMP is so happy for Softbank $100B investment in America yesterday..

Likewise, supermx investment in small but is welcome by Trump because America first

dompeilee

11,888 posts

Posted by dompeilee > 1 month ago | Report Abuse

From a paper loss as large as $10,074.05 last week, 2day finally goes into the black after already dishing out $2,602.21 in dividends & $387.29 in capital gains! From a position as small as 400 shares in late 2016 to over 30,000 with the 100% win on this counter since 2012 preserved despite missing out on the entire 2020 crazy bull!

pang72

52,355 posts

Posted by pang72 > 1 month ago | Report Abuse

US has depleted the gloves inventory bought extra during covid after 3 years..
They are replenishment inventory but US government immediately pull emergency stop button because seeing all gloves import from China.. Tarrif impose then order redirected to Malaysia Big 4...

pang72

52,355 posts

Posted by pang72 > 1 month ago | Report Abuse

HARTA utilisation 80%
TOP glove 60%.. May get more info after QR out briefing... Top glove initiative more new line showing demand increase..

Superman the real legend, new factory in US different to other player

Posted by Yi Long Mask > 1 month ago | Report Abuse

Looking forward to see Stanley shake hand with Trump and Supermax will rocket like no tomorrow

Posted by Yi Long Mask > 1 month ago | Report Abuse

First half of 2024 is the bull for data center, now is the big bull theme for Glove

Supermax will be outstanding than the rest of glove because of the new factory in USA, this move are superb and Supermax will become top 1 among big 4 when the 4 phase completed with production 19.2 billion

Bullkobear

341 posts

Posted by Bullkobear > 1 month ago | Report Abuse

"SHARE(S)") ("BONUS SHARE(S)") ON THE BASIS OF 1 BONUS SHARE FOR EVERY 1 EXISTING SUPERMAX SHARE HELD ON 7 Sep 2020, now we enjoy again😉

pang72

52,355 posts

Posted by pang72 > 1 month ago | Report Abuse

The surprise bonus issue sjwong SUPERMX management team didn't sit in the office to enjoying $1.3B cash reserves..plus US factory commercial run on track.

They are quietly prepared for the best to come in 3 years...

Give a respect to the best team

dompeilee

11,888 posts

Posted by dompeilee > 1 month ago | Report Abuse

I grit my teeth through the long period of paper loss, my faith in the co's excellence tested so sorely! Finally, finally, FINALLY, FAITH is rewarded! The winner takes it ALL! Sweetly satisfying after such an ordeal !!!

Stanley may be a real j**k when it comes to family matters & corporate governance, but he's a smart bizman!

kbtsyl68

169 posts

Posted by kbtsyl68 > 1 month ago | Report Abuse

@pang72. We were talking about distribution of treasury shares a week ago. No need to wait for next AGM. Not only from treasury shares. They distribute from retained earnings also. Also thanks to Budget 2025 for the 2% on the dividend.

dompeilee

11,888 posts

Posted by dompeilee > 1 month ago | Report Abuse

From FMT:

"...............

Respite for Thai

The positive vibes generated by Supermax’s US venture and spike in its share price appear to have vindicated Thai’s decision to diversify into the US market in a big way. It has also brought some respite from his personal predicament.

Thai, 64, and Tan, 63, who were married in 1987, are currently undergoing divorce proceedings.

According to the company’s 2024 annual report, they jointly hold a 40.7% stake in Supermax through their private vehicle Supermax Holdings Sdn Bhd (SHSB).

Thai, who is Supermax executive chairman, holds a 57.5% stake in SHSB while Tan holds the remaining 42.5%. Based on the current price, its 40.7% stake in Supermax is worth RM1.31 billion.

In April this year, news reports indicated Tan had filed a winding-up petition against SHSB to enable her to directly own the shares in the glove maker.

However, Thai said SHSB was set up to establish a family trust for their three children and future generations, and hence would resist any application to wind up SHSB, according to news reports.

In April 2023, their daughter, Cecile Jaclyn Thai, resigned as non-executive director after a series of disagreements with the board.

In her resignation letter, Cecile said she resigned over the board’s alleged failure to uphold corporate governance practices and their fiduciary responsibilities.

She also alleged she experienced “bullying and silencing” from other board members, including her father, while trying to uphold her fiduciary duties."


Christmas has come A WEEK EARLY for all faithful holders!🎶🎵Oh come, all ye Faithful...Joyful & Triumphant!🎶🎵🎶

Alistino G

804 posts

Posted by Alistino G > 1 month ago | Report Abuse

𝐓𝐨𝐦𝐨𝐫𝐫𝐨𝐰, 𝟏𝟗𝐃𝐞𝐜.
𝐖𝐢𝐥𝐥 𝐢𝐭 𝐛𝐫𝐞𝐚𝐤𝐚𝐰𝐚𝐲 𝟏.𝟑𝟎 𝐑𝐞𝐬𝐢𝐬𝐭𝐚𝐧𝐜𝐞 𝐚𝐧𝐝 𝐡𝐞𝐚𝐝𝐢𝐧𝐠 𝐟𝐮𝐫𝐭𝐡𝐞𝐫 𝐍𝐨𝐫𝐭𝐡?

rchi

21,406 posts

Posted by rchi > 1 month ago | Report Abuse

warming up je.....

Posted by Yi Long Mask > 1 month ago | Report Abuse

Yes, now only mini bull, will become big bull end of this month

rchi

21,406 posts

Posted by rchi > 1 month ago | Report Abuse

Glove taikos pakat to drive up sentiment.
First 10 sen div frm harta,then both supermx n topglove give bonus share n warrants,their timing is no coincidence.
Great show on the way!

rchi

21,406 posts

Posted by rchi > 1 month ago | Report Abuse

lets see what kossan has in store..

newbie9893

2,499 posts

Posted by newbie9893 > 1 month ago | Report Abuse

Kossan give 1 basic bonus share for 1 every existing share…. Just ah…,

calvintaneng

57,504 posts

Posted by calvintaneng > 1 month ago | Report Abuse

Ok free bonus and free warrants are early Christmas presents

Let us hear the Silent Night carol

https://youtu.be/mSmqOcS8AFw?si=mB_-gkLJpZmpFbua

calvintaneng

57,504 posts

Posted by calvintaneng > 1 month ago | Report Abuse

Oh that's O Holy Night

This one is Silent Night

👇

https://youtu.be/uK3_Kr2nLtA?si=j8sorJglq7h8KHGe

dompeilee

11,888 posts

Posted by dompeilee > 1 month ago | Report Abuse

I prefer the Triumphal March from Verdi's grand opera AIDA :https://www.youtube.com/watch?v=TX0qN6QEvGg

StarOfTheBull

8,103 posts

Posted by StarOfTheBull > 1 month ago | Report Abuse

Stanley Thai is very lucky this time.
First, he decided to build a glove factory in US during covid-19 peak; then the availability of vaccines to contain the virus, gloves ASP and demand dropped.
In November this year Trump won the presidency election and announced tariffs on China.
Next month, if Trump attends the opening ceremony of the new factory_ _ _ _ _

Alistino G

804 posts

Posted by Alistino G > 1 month ago | Report Abuse

𝘿𝙪𝙧𝙞𝙣𝙜 𝙩𝙧𝙖𝙙𝙞𝙣𝙜 𝙝𝙤𝙪𝙧𝙨 𝙡𝙚𝙩'𝙨...

https://youtu.be/wflMFaDSJDo

Alistino G

804 posts

Posted by Alistino G > 1 month ago | Report Abuse

𝕮𝖆𝖑𝖛𝖎𝖓,
𝕲𝖗𝖆𝖙𝖊𝖋𝖚𝖑 𝖋𝖔𝖗 𝖋𝖗𝖊𝖊 𝖇𝖔𝖓𝖚𝖘 𝖆𝖓𝖉 𝖋𝖗𝖊𝖊 𝖜𝖆𝖗𝖗𝖆𝖓𝖙𝖘 𝖆𝖘 𝖔𝖚𝖗 𝕮𝖍𝖗𝖎𝖘𝖙𝖒𝖆𝖘 𝖕𝖗𝖊𝖘𝖊𝖓𝖙𝖘.

mf

29,703 posts

Posted by mf > 1 month ago | Report Abuse

SUPERMAX CORPORATION BERHAD

Type Announcement
Subject MULTIPLE PROPOSALS
Description SUPERMAX CORPORATION BERHAD ("SCB" OR THE "COMPANY")

I. PROPOSED BONUS ISSUE OF SHARES; AND

II. PROPOSED BONUS ISSUE OF WARRANTS

(COLLECTIVELY REFERRED TO AS THE "PROPOSALS")
On behalf of the Board of Directors of SCB ("Board"), UOB Kay Hian Securities (M) Sdn Bhd ("UOBKH") wishes to announce that the Company proposes to undertake the following:-

(i) proposed bonus issue of up to 544,123,904 new ordinary shares in SCB ("SCB Share(s)" or "Share(s)") ("Bonus Share(s)") on the basis of 1 Bonus Share for every 5 existing SCB Shares held by the entitled shareholders whose names appear in the Company's Record of Depositors on an entitlement date to be determined and announced later ("Bonus Shares Entitlement Date") ("Proposed Bonus Issue of Shares"); and

(ii) proposed bonus issue of up to 163,237,171 free warrants in SCB ("Warrant(s)") on the basis of 1 Warrant for every 20 existing SCB Shares held by the entitled shareholders whose names appear in the Company's Record of Depositors on an entitlement date to be determined and announced later ("Warrants Entitlement Date") ("Proposed Bonus Issue of Warrants").

Further details of the Proposals are set out in the attachment enclosed.



This announcement is dated 18 December 2024.

dompeilee

11,888 posts

Posted by dompeilee > 1 month ago | Report Abuse

L@@ks like my total investment here is almost $1k MORE than my total bet on Sino Hua-An of under $35k in 2017 which eventually netted an extra $58k after complete disposal in 2018. Doubt I'll be able to get that much from Supermx even with all the free warrants!

calvintaneng

57,504 posts

Posted by calvintaneng > 1 month ago | Report Abuse

To get a glimpse of 2020 Supermax bull

Read all the comments

Here

https://klse.i3investor.com/web/stock/overview/710687

calvintaneng

57,504 posts

Posted by calvintaneng > 1 month ago | Report Abuse

and this post tells us

Supermax is like a Young Adult actively pursuing business


that was why we chose Supermax then and now

https://klse.i3investor.com/web/blog/detail/www.eaglevisioninvest.com/2020-06-12-story-h1508760038-A_TALE_OF_3_GLOVES_IN_PICTURES_COMFORT_GLOVE_TOPGLOVE_SUPERMAX_Calvin_T

mf

29,703 posts

Posted by mf > 1 month ago | Report Abuse

June: WHO issues warning on bird flu spread

June: World Health Organization chief Tedros Adhanom Ghebreyesus said during a press briefing last week Monday that 'the number of affected dairy herds has almost tripled to 92 in 12 states'.

calvintaneng

57,504 posts

Posted by calvintaneng > 1 month ago | Report Abuse

It is not just tariff per se

It has got to do with jobs for US Citizens

And that was what Trump promised in his Election Speech

SUPERMAX happens to build its Glove Factory in the right place at the right time

They said "luck" is preparation meeting opportunity

But Supermax is more than luck alone

It took that risk even though US banned its glove import due to labor problem

And Supermax won big time for its shareholders

https://youtu.be/Ne3WwNvq0s4?si=bC68dzL3ITpKWgmi

dompeilee

11,888 posts

Posted by dompeilee > 1 month ago | Report Abuse

Shorties still want revenge after peeing in their pants & 💩-ing their profits into the drain in the past fortnight. They just increased their shorted shares 4x to nearly 3 million shares. Avg $1.183 as of yesterday. What can Stanley do to make them fall on their knees & beg for mercy???

calvintaneng

57,504 posts

Posted by calvintaneng > 1 month ago | Report Abuse

Limit up?

Very easy

Since Supermax got 40 sen Cash just give a 30 Sen Special Dividend

Then see price readjusted upward by 30 sen

Supermax has the money to do so if it wants

calvintaneng

57,504 posts

Posted by calvintaneng > 1 month ago | Report Abuse

See



Supermax has Rm1.0248 Billions in Cash



or

40.11 sen pure cash



At Rm1.11 the Cash by percentage is 36.1%

Posted by Yi Long Mask > 1 month ago | Report Abuse

Today is very exciting as Topglove will announce result tomorrow noon. Let's go up limit up Superman

calvintaneng

57,504 posts

Posted by calvintaneng > 1 month ago | Report Abuse

Everything Rises of Falls on Leadership

Leadership is Priceless
1. Building Glove Factory in USA
2. Secret Code of SBB 2,888,000

3. 1 free bonus for 5 shares
1 free warrant for 20

4. ??? what will it be??


Posted by Yi Long Mask > 1 month ago | Report Abuse

Seem like Topglove is dragging the 3 glove going up strongly

Alistino G

804 posts

Posted by Alistino G > 1 month ago | Report Abuse

𝟒. 𝐋𝐢𝐦𝐢𝐭 𝐮𝐩 𝐨𝐧 𝐌𝐨𝐧𝐝𝐚𝐲, 𝟐𝟑𝐃𝐞𝐜.

dompeilee

11,888 posts

Posted by dompeilee > 1 month ago | Report Abuse

Go Thai Kim Sim...GOOOO! 😃 Pls make the shorties kek sim for all the anguish they caused us faith-FULL holders!!!🕺

Post a Comment
Market Buzz