EURO HOLDINGS BHD

KLSE (MYR): EURO (7208)

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Last Price

0.055

Today's Change

0.00 (0.00%)

Day's Change

0.05 - 0.055

Trading Volume

586,000


1 person likes this.

2,702 comment(s). Last comment by Michael Kwok 1 month ago

Posted by NatsukoMishima > 2021-10-08 20:08 | Report Abuse

Stop blaming everywhere , gambling counter is for brave gamble to win n lose within short term just line big small !

BlackWhite

1,053 posts

Posted by BlackWhite > 2021-10-08 20:18 | Report Abuse

Quantum of rise really no big deal.

Posted by limsingpoh9497 > 2021-10-08 22:26 | Report Abuse

WAITING

djibaok

1,175 posts

Posted by djibaok > 2021-10-08 23:09 | Report Abuse

TP RM 4

PN2020

247 posts

Posted by PN2020 > 2021-10-08 23:26 | Report Abuse

Another Genetec2 coming, TP RM40

TomyamGong

4,134 posts

Posted by TomyamGong > 2021-10-09 00:35 | Report Abuse

What's up man? Suddenly so happening here?

okok

645 posts

Posted by okok > 2021-10-09 12:07 | Report Abuse

Monday euro price?
No good news

iamismail

947 posts

Posted by iamismail > 2021-10-09 12:52 | Report Abuse

Next week pump up some more..just dive in.

okok

645 posts

Posted by okok > 2021-10-09 13:52 | Report Abuse

Ya good news good news :)

NewbixV

13 posts

Posted by NewbixV > 2021-10-09 15:57 | Report Abuse

The edge markets

CUTLOST

5,178 posts

Posted by CUTLOST > 2021-10-11 00:28 | Report Abuse

Hope above 80cents soon

darkxfs

2,121 posts

Posted by darkxfs > 2021-10-11 09:29 | Report Abuse

Thriven 7889 low price, 0.155 property share not yet moving, shareholder teladan & mulpha

Abang Mad

1,496 posts

Posted by Abang Mad > 2021-10-11 10:59 | Report Abuse

.80 coming

BlackWhite

1,053 posts

Posted by BlackWhite > 2021-10-11 11:25 | Report Abuse

10 or 20 cents rise really small

BlackWhite

1,053 posts

Posted by BlackWhite > 2021-10-11 11:26 | Report Abuse

Long way to $2

Abang Mad

1,496 posts

Posted by Abang Mad > 2021-10-11 11:32 | Report Abuse

better top up some more

LOOK009

1,058 posts

Posted by LOOK009 > 2021-10-11 11:35 | Report Abuse

Euro Holdings plans special placement, bonus warrants while MD injects RM117m worth of assets into group
TheEdge Sat, Oct 09, 2021 12:08am - 2 days ago


KUALA LUMPUR (Oct 8): Euro Holdings Bhd has proposed to buy two properties sitting on leasehold lands in Melaka for RM117 million from companies controlled by its major shareholder and group managing director Datuk Seri Lim Teck Boon by issuing new shares.

It also plans to issue new shares to Teck Boon to settle a debt of up to RM10 million to him. The sum was provided by Teck Boon earlier this year as advances for the payment of salaries and to fund the working capital of several subsidiaries. For this debt settlement, it will issue 22.3 million settlement shares to Teck Boon at 44.84 sen each.

Subsequently, it wants to place out a special issuance of 74 million new shares representing 9.2% of its share capital to Teck Boon's private vehicle SPA Furniture (M) Sdn Bhd and others to be identified, also at 44.84 sen apiece, to raise RM33.18 million — mainly for working capital and to repay bank borrowings. SPA Furniture will subscribe for 40.15 million of the special issuance shares.

Euro Holdings will then give out bonus warrants on the basis of one warrant for every two existing shares held by entitled shareholders at a date to be fixed.

According to Euro Holdings' bourse filing, it is buying the properties as part of its plan to expand its operations and workshops to the southern region of Peninsular Malaysia. The assets are located in Taman Teknologi Cheng. One measures 181,611 sq ft and has a commercial building sitting on it that is being renovated. Valued at RM56 million, the group plans to use this as its showroom and corporate office. The second property, measuring 193,670 sq ft with a warehouse built on it, has been valued at RM61 million. The group plans to use this as its new manufacturing facility.

Euro Holdings plan to issue 124.89 million shares for the first property and 136.04 million shares for the second property, again at 44.84 sen apiece, to Imponotive Auto Sdn Bhd (IASB) and Supreme Power Auto Sdn Bhd (SPASB), to acquire the assets.

Upon completion of the proposed acquisitions, proposed debt settlement and proposed special issue, Lim and persons connected to him will hold about 76.8% of Euro Holding's enlarged issued share capital, which will result in Euro Holdings not complying with the minimal 25% public spread requirement.

To rectify this, Teck Boon intends to undertake an offer for sale of up to 74 million Euro Holdings shares to independent third party investors to be identified at a price to be fixed, the group said.

In addition, the group is seeking a proposed diversification of its existing business to include the trading of steel products, following the group's maiden venture into the business in October last year.

M&A Securities Sdn Bhd has been appointed as the principal adviser for the proposals and placement agent for the proposed special issue.

Euro shares were last done at 44.44% or 18 sen higher at 58.5 sen on Friday, bringing a market value of RM464.01 million.
优乐拟进军钢制品贸易业
Nanyang Sun, Oct 10, 2021 12:25am - Yesterday ago


(吉隆坡9日讯)优乐(EURO,7208,主板消费股)计划落实一系列企业活动,其中包括发新股购买地皮,和进军钢制品贸易领域。

优乐周五发文告指出,计划出价1亿1700万令吉,购买位于马六甲两块地皮。其中一块附带建造中的陈列室;另一块则拥有4栋工业建筑。

上述收购涉及新股发行量近2亿6093万股。

此外,优乐计划向S.P.A.家具(马)私人有限公司,配售7400万新股,这占总股数的9.2%。

该公司预计可借此筹措3318万令吉。其中1580万令吉将用来偿还银行贷款;1118万令吉用作营运资本;500万令吉则应付房产项目开发费用。

随后,优乐也计划以2配1比例,发行约5亿7965万张凭单。若凭单悉数被转换成母股,该公司将筹得1亿5648万令吉。

而相关资金会用作营运资本、资本开销等。

另一方面,优乐也计划进军钢制品贸易领域。由于相关业务带来的盈利贡献可能超过25%,因此优乐将在股东特大寻求批准。

该公司也解释,上述业务多元化之举,有助扩大营收来源,及减少对家具业务的依赖。

周五闭市,优乐涨18仙或44%,收报58.5仙,约有8220万股易手,位居热门榜第10名,和上升榜第13名。

Posted by Rocket2moon > 2021-10-11 15:48 | Report Abuse

Company seems a lot of patterns nowadays .. what's next?

Vaccineyes

785 posts

Posted by Vaccineyes > 2021-10-11 18:40 | Report Abuse

Time for EURO to shine

bjgdila123

3,463 posts

Posted by bjgdila123 > 2021-10-11 18:45 | Report Abuse

besok sapu tp 1.50 , rm 2.00

James Ng

2,678 posts

Posted by James Ng > 2021-10-11 20:25 | Report Abuse

https://klse.i3investor.com/blogs/general/2021-10-11-story-h1592021114.jsp
[转贴] [Video:浅谈EURO HOLDINGS BHD, EURO, 7208] - James的股票投资James Share Investing

Abang Mad

1,496 posts

Posted by Abang Mad > 2021-10-11 21:04 | Report Abuse

Hold tight

Vaccineyes

785 posts

Posted by Vaccineyes > 2021-10-11 21:16 | Report Abuse

Uptrend. Rm2 coming. Accumulate now

bjgdila123

3,463 posts

Posted by bjgdila123 > 2021-10-12 09:21 | Report Abuse

yes sapu sapu

pu

okok

645 posts

Posted by okok > 2021-10-12 09:31 | Report Abuse

imponotive auto byk profit every year ?
Sekalang sudah masuk euro
Saya rasa euro bolih jdi mcm genetek:)

Sakuragi11

227 posts

Posted by Sakuragi11 > 2021-10-12 10:48 | Report Abuse

correction?

bjgdila123

3,463 posts

Posted by bjgdila123 > 2021-10-12 13:18 | Report Abuse

technical correction, sauk

simonscs

280 posts

Posted by simonscs > 2021-10-12 17:08 | Report Abuse

hopefully 2mollo naik lagi. correction is normal

Flyinghorse

3,655 posts

Posted by Flyinghorse > 2021-10-12 20:12 | Report Abuse

Strong support at 0.680. Let see if tomorrow will rebound or not

Flyinghorse

3,655 posts

Posted by Flyinghorse > 2021-10-13 09:20 | Report Abuse

Dropping...... going back to 0.405 ?

kennyqs

162 posts

Posted by kennyqs > 2021-10-13 09:49 | Report Abuse

i thk is just normal correction

d75

9 posts

Posted by d75 > 2021-10-13 10:29 | Report Abuse

@kennyqs hopefully it just normal correction based on the vol for now *grabs popcorn*

d75

9 posts

Posted by d75 > 2021-10-14 07:45 | Report Abuse

Please la terbang hari ni

okok

645 posts

Posted by okok > 2021-10-14 07:55 | Report Abuse

Flyinghorse says dropping back to 0.405?

d75

9 posts

Posted by d75 > 2021-10-14 08:13 | Report Abuse

Maybe? But yesterday closing price is on support... kumpul power maybe?

Bullish

869 posts

Posted by Bullish > 2021-10-14 13:07 | Report Abuse

Afternoon goreng up

Sakuragi11

227 posts

Posted by Sakuragi11 > 2021-10-14 16:24 | Report Abuse

alamak koyak

Auntylee

84 posts

Posted by Auntylee > 2021-10-14 16:39 | Report Abuse

405fly to 705, now 705 dropping to 105,hahaa

Auntylee

84 posts

Posted by Auntylee > 2021-10-15 09:34 | Report Abuse

Sudah masak

okok

645 posts

Posted by okok > 2021-10-18 11:06 | Report Abuse

apa pasal ini euro jadi ini macam ya?

Flyinghorse

3,655 posts

Posted by Flyinghorse > 2021-10-20 18:40 | Report Abuse

0.520 already. Time to rebound......?? Or continue to drop below 50sen ?

Abang Mad

1,496 posts

Posted by Abang Mad > 2021-10-21 10:29 | Report Abuse

flying

DJYap82

5 posts

Posted by DJYap82 > 2021-10-21 10:34 | Report Abuse

Yes, limit up soon

kennyqs

162 posts

Posted by kennyqs > 2021-10-21 15:37 | Report Abuse

any show after 4pm ?

Flyinghorse

3,655 posts

Posted by Flyinghorse > 2021-10-21 20:29 | Report Abuse

Rebounded. Lolx. Heading towards 70sen and above?

Posted by Jutawan Pasti > 2021-10-22 10:22 | Report Abuse

fly... bila mau masuk gear ni

okok

645 posts

Posted by okok > 2021-10-22 11:31 | Report Abuse

npak susah mau masuk gear laju

pejatrade

196 posts

Posted by pejatrade > 2021-10-22 16:07 | Report Abuse

Come on...hodl

Posted by sumochichi > 2021-10-25 08:26 | Report Abuse

After observing for 1 week. its over already. Tq Euro. See you next year, maybe.

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