PMB TECHNOLOGY BHD

KLSE (MYR): PMBTECH (7172)

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Last Price

1.93

Today's Change

-0.02 (1.03%)

Day's Change

1.91 - 1.95

Trading Volume

673,200


2 people like this.

4,860 comment(s). Last comment by SMInvest 4 days ago

SMInvest

355 posts

Posted by SMInvest > 2 months ago | Report Abuse

no

SMInvest

355 posts

Posted by SMInvest > 2 months ago | Report Abuse

hold tight

SMInvest

355 posts

Posted by SMInvest > 2 months ago | Report Abuse


The main uses of silicon metal are in the aluminium and chemical industries (BRGM, 2021). In addition, silicon metal is a strategic raw material used in the renewable energy (photovoltaic industry), in electronic devices, and -with a growing demand in batteries.

SMInvest

355 posts

Posted by SMInvest > 2 months ago | Report Abuse

hold tight !!!

SMInvest

355 posts

Posted by SMInvest > 2 months ago | Report Abuse

PMB Technology Bhd picked up some trading interest yesterday, ending above the 21-day simple moving average (SMA) line for the first time in two months.

The growth in the short-term uptrend could see the share rising further towards the 100-day SMA line, meeting resistance at the RM2.44 level. Next resistance would be around the RM3 level.

There was a jump in trading volume yesterday past the two-million-share mark since July, coinciding with a push higher in the technical indices.

SMInvest

355 posts

Posted by SMInvest > 2 months ago | Report Abuse

Next resistance would be around the RM3 level.

Markv572421

3,369 posts

Posted by Markv572421 > 2 months ago | Report Abuse

probably need rest before start climb again ??

Markv572421

3,369 posts

Posted by Markv572421 > 2 months ago | Report Abuse

seems fake ,.....

Markv572421

3,369 posts

Posted by Markv572421 > 2 months ago | Report Abuse

sheetttt...dropping .....why ?

SMInvest

355 posts

Posted by SMInvest > 2 months ago | Report Abuse

hold tight

Markv572421

3,369 posts

Posted by Markv572421 > 2 months ago | Report Abuse

today good day ?

Markv572421

3,369 posts

Posted by Markv572421 > 2 months ago | Report Abuse

operator playing again ...

SMInvest

355 posts

Posted by SMInvest > 2 months ago | Report Abuse

hold tight

Markv572421

3,369 posts

Posted by Markv572421 > 2 months ago | Report Abuse

gg bye sold

Markv572421

3,369 posts

Posted by Markv572421 > 2 months ago | Report Abuse

setupid operator

Markv572421

3,369 posts

Posted by Markv572421 > 2 months ago | Report Abuse

DOG PMB

Markv572421

3,369 posts

Posted by Markv572421 > 2 months ago | Report Abuse

bagi laa drop habis boooooooodooohhhhhh PMBtech operator !!!!!

Markv572421

3,369 posts

Posted by Markv572421 > 2 months ago | Report Abuse

Regret buying this stock for investment ......f****G !!

Posted by Putrajaya666 > 2 months ago | Report Abuse

Don't buy this rubbish counter, crooked operator manipulated by greedy koon family. For a mere 300mil flush down $4 to $1.70, while the bosses all are top 10 richest in msia.

Markv572421

3,369 posts

Posted by Markv572421 > 2 months ago | Report Abuse

fking***this greedy koon family !!

SMInvest

355 posts

Posted by SMInvest > 2 months ago | Report Abuse

hod tight

Markv572421

3,369 posts

Posted by Markv572421 > 2 months ago | Report Abuse

gg setuuupiddd stock ...sold

Posted by Putrajaya666 > 2 months ago | Report Abuse

Stuuupid counter with rubbish qr and stuuuupid useless mou

SMInvest

355 posts

Posted by SMInvest > 2 months ago | Report Abuse

hold tight

SMInvest

355 posts

Posted by SMInvest > 1 month ago | Report Abuse

We refer to the Company’s announcement on 6 September 2024 in relation to the Proposed Private Placement (“Announcement”).



Pursuant to the above, we wish to announce that the Company had on 9 September 2024 entered into a conditional share subscription agreement (“Subscription Agreement”) with Hanwa Co., Ltd (“Hanwa” or “Subscriber”) for the subscription of 24,000,000 PMBT Shares (“Placement Shares”) by Hanwa in accordance with the terms and conditions of the Subscription Agreement.



2. INFORMATION ON HANWA



Hanwa (Company Registration No. 8120001077530), a company incorporated in Japan and having its registered address at 4-3-9, Fushimi-machi, Chuo-ku, Osaka 541-8585, Japan.

SMInvest

355 posts

Posted by SMInvest > 1 month ago | Report Abuse

Hanwa (Company Registration No. 8120001077530), a company incorporated in Japan and having its registered address at 4-3-9, Fushimi-machi, Chuo-ku, Osaka 541-8585, Japan.



Hanwa is involved in the business of domestic and import-export of steel products, steelmaking raw materials, construction materials, metal scraps recycling materials industrial machinery amusement facilities, energy life living materials, food products, lumber, machinery and others. Hanwa was incorporated in Japan on 1 April 1947. It is currently listed on the Tokyo Stock Exchange and has a market capitalisation of approximately ¥215.05 billion (or equivalent to approximately RM6.38 billon) as at 2 September 2024.

SMInvest

355 posts

Posted by SMInvest > 1 month ago | Report Abuse

2.30 now up up up

SMInvest

355 posts

Posted by SMInvest > 1 month ago | Report Abuse

吉隆坡9日讯)齐力科技(PMBTECH,7172,主板工业产品服务组)私下配售的新股,获日本上市公司阪和兴业公司(Hanwa Co Ltd)青睐,将认购2400万股。

该公司通过文告指出,今日已与阪和兴业公司签署有条件新股认购协议,后者将认购2400万股新股,通过认股协议可让双方建立更强的贸易关系,如一切顺利这批新股将在今年第三季上市。

齐力科技上周五(6日)宣布私下配售最多2%新股,按截至上周一(2日)股量计算,2%新股等同3201万3976股,发售价有待董事部获得相关批准后决定,而截至上周一在内的5天加权平均价(VWAP)为每股2.0176令吉。

SMInvest

355 posts

Posted by SMInvest > 1 month ago | Report Abuse

PMB Technology to increase production


By JACK WONG
STAR NEWS
Monday, 16 Sep 2024

KUCHING: PMB Technology Bhd, which will raise the annual installed capacity of its metallic silicon output by 50% when its new Phase 3 plant in Samalaju Industrial Park in Bintulu starts commercial production soon, is poised to boost the supply of the strategic raw material to the expanding global solar industry.

Executive director/chief executive officer Koon Poh Ming said with the increasing solar panel installation, especially from the western market, and increased demand for sustainability and traceability in the supply chain, the PMB Technology group is well positioned to increase its supply of metallic silicon to this market in the near future.
He said the Phase 3 facility, which is currently under testing and commissioning, will increase the plant’s total installed capacity by 36,000 tonnes to 108,000 tonnes per annum.

Phases 1 and 2, which are both in operations, have a combined installed capacity of 72,000 tonnes per annum. The plant has a total supply of 129MW of electricity from Syarikat Sesco Bhd. Phase 3 is slated for commercial operation in the current second-half year 2024.

“By delivering on our long-term strategy of enhancing our position as a low-cost, low-carbon footprint producer that continuously focuses on achieving the highest verifiable standards on sustainability and traceability, we will attain a strong standing amongst the industry players,” said Koon in a circular to shareholders.

The circular is in relation to the company’s proposed rights issue on a full subscription basis to raise an estimated RM300mil.

PMB Technology has announced a second fund-raising exercise – via a proposed private placement – of up to 2% of the company’s total number of issued shares or up to about 32 million new shares. At an indicative issue price of RM2.02 each, the company targets to raise an additional RM64.6mil.
On Sept 9, PMB Technology entered into a conditional share subscription agreement with Japan’s Hanwa Co Ltd to subscribe for 24 million placement shares.

Hanwa, which is listed on the Tokyo Stock Exchange, is a long-term customer of PMB Technology. Through Hanwa’s participation in the company, PMB Technology said the group aims to develop a stronger presence in the semiconductor and chemical industry in Japan.

PMB Technology said it may secure other strategic investors to participate in the proposed private placement.

The company plans to utilise 60% (RM38.76mil) and 39.6% (RM25.57mil) from the proceeds of the private placement to pare down bank borrowings and for working capital, respectively.

Koon said the group had total borrowings of RM949.4mil, of which RM210mil was used to finance the Phase 3 metallic silicon plant project. The proceeds from the proposed rights issue will be utilised entirely to repay bank borrowings after deducting RM1.2mil for the estimated expenses for the rights issue exercise.

“The (Phase 3) expansion is expected to increase operational efficiency by leveraging workforce and raw material management. Our group will be able to secure large quantities of raw materials at a lower price to achieve a greater economy of scale in production and to remain competitive in the global market,” said Koon.

He said the group’s metallic silicon manufacturing segment is expected to face challenging market conditions in the near term due to relatively lower growth from the automotive and construction sectors.

On global supply of metallic silicon, he said recent developments in China have indicated that supply should come under greater control as producers start cutting back on capacity to counter unsustainably low-price levels.

“Consumption is expected to gradually shift out of China to meet the requirements of end-consumers in the west that are placing greater emphasis on supply chain traceability, transparency and resilience.

“Global supply chains, especially the ones that produce goods or commodities that are critical for the future, which have hitherto been optimised predominantly based on costs, are being reconfigured for resilience to reduce over-dependence on any single, dominant source of supply.

“In the metallic silicon and solar industry, goods that have traces of Chinese inputs are increasingly being shunned by the western end-consumers and this trend is only expected to intensify. This opens up opportunities for metallic silicon producers that have a fully traceable and sufficient supply of non-Chinese inputs in their production process,” he added.

Koon said with long-term and constant power supply secured by a competitive rate and strategic location of PMB silicon facility (which is less than 10km from Samalaju Port) that reduces logistic costs, it would be able to compete in the metallic silicon industry.

Posted by OldWiseMan100 > 1 month ago | Report Abuse

with such high PE... future growth already baked into it.

SMInvest

355 posts

Posted by SMInvest > 1 month ago | Report Abuse

He said the Phase 3 facility, which is currently under testing and commissioning, will increase the plant’s total installed capacity by 36,000 tonnes to 108,000 tonnes per annum.

Phases 1 and 2, which are both in operations, have a combined installed capacity of 72,000 tonnes per annum. The plant has a total supply of 129MW of electricity from Syarikat Sesco Bhd. Phase 3 is slated for commercial operation in the current second-half year 2024.

“By delivering on our long-term strategy of enhancing our position as a low-cost, low-carbon footprint producer that continuously focuses on achieving the highest verifiable standards on sustainability and traceability, we will attain a strong standing amongst the industry players,” said Koon in a circular to shareholders.

The circular is in relation to the company’s proposed rights issue on a full subscription basis to raise an estimated RM300mil.

PMB Technology has announced a second fund-raising exercise – via a proposed private placement – of up to 2% of the company’s total number of issued shares or up to about 32 million new shares. At an indicative issue price of RM2.02 each, the company targets to raise an additional RM64.6mil.

SMInvest

355 posts

Posted by SMInvest > 1 month ago | Report Abuse

KUCHING: PMB Technology Bhd, which will raise the annual installed capacity of its metallic silicon output by 50% when its new Phase 3 plant in Samalaju Industrial Park in Bintulu starts commercial production soon, is poised to boost the supply of the strategic raw material to the expanding global solar industry.

Executive director/chief executive officer Koon Poh Ming said with the increasing solar panel installation, especially from the western market, and increased demand for sustainability and traceability in the supply chain, the PMB Technology group is well positioned to increase its supply of metallic silicon to this market in the near future.

SMInvest

355 posts

Posted by SMInvest > 1 month ago | Report Abuse

hold tight !!!!

SMInvest

355 posts

Posted by SMInvest > 1 month ago | Report Abuse

it may secure other strategic investors to participate in the proposed private placement.

SMInvest

355 posts

Posted by SMInvest > 1 month ago | Report Abuse

Hello , Putrajaya666 and OldWiseMan100 @ please don't jealous !!!!

SMInvest

355 posts

Posted by SMInvest > 1 month ago | Report Abuse


PMB Technology to increase production

The Star Monday, 16 Sep 2024
https://www.thestar.com.my/business/business-news/2024/09/16/pmb-technology-to-increase-production

SMInvest

355 posts

Posted by SMInvest > 1 month ago | Report Abuse

齐力科技(PMBTECH) (股东特大)
简报:
齐力科技已提议进行附加股建议,以筹集约3亿令吉。
拟议的配股旨在以全额认购的方式进行。拟议配股的净收益将用于偿还银行借款。这将使其负债率从0.89倍降至0.44倍。

SMInvest

355 posts

Posted by SMInvest > 1 month ago | Report Abuse

hold tight !!!!!!!!

Posted by Putrajaya666 > 1 month ago | Report Abuse

20 Sept 24
0334PM
1.97 (-26c)



Wow..

cucubud

91 posts

Posted by cucubud > 1 month ago | Report Abuse

What is happening? Drop so much.

Posted by Putrajaya666 > 1 month ago | Report Abuse

APB GTRONIC black hole he he he he

cucubud

91 posts

Posted by cucubud > 1 month ago | Report Abuse

Same gang?

SMInvest

355 posts

Posted by SMInvest > 1 month ago | Report Abuse

no

mf

29,076 posts

Posted by mf > 1 month ago | Report Abuse

Crude Oil Soars over 3.5% As Hezbollah Strikes Haifa
By Charles Kennedy - Oct 07, 2024, 1:30 PM CDT

JJPTR

199 posts

Posted by JJPTR > 1 month ago | Report Abuse

PMB chartwise is bearish downtrend. Major support @2.53 failed. Operator trying to unload. Next support 1.10-1.20 level

Posted by Putrajaya666 > 1 month ago | Report Abuse

Pertama, apb, gtronic........ Hehehehe what is the common denominator amongst these fellas.... Check the major shareholders name... And you'll find out Koon PT "looks like" having a good times .....hehehe

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