KLSE (MYR): SUNVIEW (0262)
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Last Price
0.775
Today's Change
+0.035 (4.73%)
Day's Change
0.75 - 0.805
Trading Volume
35,667,300
Name
No. of Shares
Percentage
DATO TING HENG PENG
12,000
40.00%
DATO TING HENG PENG
12,000
40.00%
DATO TING HENG PENG
12,000
40.00%
From | To | Type | No. of Shares | Min Price | Max Price |
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KUALA LUMPUR (Nov 16): Sunview Group Bhd, which made its ACE Market debut in October last year, has proposed to issue up to 73.55 million new shares to identified Bumiputera investors, in order to comply with Bursa Malaysia's listing requirements.
In a Bursa Malaysia filing on Thursday, the renewable energy group said it is expected to comply with Bursa's Bumiputera equity condition by March 31, 2024, as it has met the profit requirement for companies seeking listing on the Main Market of Bursa Securities, based on its audited profit after tax of RM13.01 million for the financial year ended March 31, 2023 (FY2023).
Under the condition set by the local bourse, Sunview is required to allocate 12.50% of its enlarged issued share capital to Bumiputera investors to be approved or recognised by the Ministry of Investment, Trade and Industry within one year after achieving the profit requirement for companies seeking listing on the Main Market of Bursa Securities.
At an issuance price of 66 sen per share, the new share issuance is expected to raise about RM48.54 million. The group intends to use the proceeds to finance its working capital.
The proposed issuance is expected to be completed by the first quarter of next year.
2023-11-16 20:46
“the renewable energy group said it is expected to comply with Bursa's Bumiputera equity condition by March 31, 2024, as it has met the profit requirement for companies seeking listing on the Main Market of Bursa Securities”
2023-11-16 20:46
dahsyat ! this market maker really determined to squeeze every drop of blood out of stone...
2023-11-22 11:14
You all semua sudah kena.. k.o.. plus sunview wants miti equity allocation to be at 66 sen.. for sure people press kaw2 maa..
now all in all market react so badly from the result of kena tipu.. to be down more for few weeks..
Exit first.. save your hard earn money..
2023-11-28 09:37
When first public listed 2022-06, Revenue RM31.5 million can make profit RM1.8M, now Revenue RM204m, only can make RM1.4m, what a joke! Secondly, New issue 73.55million share volume, Director also busy selling share when share price goreng up. RUN before too late.
2023-11-28 10:53
Management really do not know how to manage and just want to sakau investor money.
When RM78M revenue, sunview profit RM3.2M.. now recent QR revenue RM204M but their profit RM1.4M only?
That is why market react negatively to this QR.
2023-11-28 23:07
chrome-extension://efaidnbmnnnibpcajpcglclefindmkaj/https://www.midf.com.my/sites/corporate/files/2023-11/sunview-cu-prospects_to_improve_from_fy25_onwards-midf-291123.pdf - MIDF Research latest coverage on Sunview . Maintain BUY target price Rm 1.13
2023-12-01 11:32
The recent electricity tariff changes should spark greater use of solar energy
https://www.thestar.com.my/news/nation/2023/12/25/time-to-turnto-solar-energy-say-experts
2023-12-26 13:21
Ya... market sentiment is quite negative for the moment ...
If got free cash, sure can collect one 😁
2024-01-18 10:36
The government will soon open up bids for Malaysia’s fifth large-scale solar (LSS) photovoltaic programme, with a quota of up to 2GW of which a developer can bid for up to 500MW
https://theedgemalaysia.com/node/698685
2024-01-26 18:28
Sunview, DPS in solar PV tie-up
https://www.thestar.com.my/business/business-news/2024/01/31/sunview-dps-in-solar-pv-tie-up
2024-01-31 18:45
RM7 billion worth of contract for Lss 5. Don't know Sunview will get some quota or not ..
https://www.bharian.com.my/bisnes/lain-lain/2024/04/1231436/ladang-solar-skala-besar-5-tawar-potensi-kontrak-rm7-bilion
2 months ago
something is brewing?
https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3443767
1 month ago
Monday fly, wkakaka
https://www.thestar.com.my/business/business-news/2024/06/07/sunview-bags-rm519mil-lsspv-construction-contract
1 week ago
Sunview Group secures large scale solar project in Uzbekistan
https://theedgemalaysia.com/node/715403
3 days ago
High demand for power charges up sector.
RHB Research said it was also optimistic about the country’s solar power landscape.
“Structural growth is fuelled by a solid number of government initiatives and aided by favourable market conditions – as solar power panel prices are expected to remain soft throughout 2024,” it explained.
RHB Research noted the corporate green power programme had made significant progress, with off-taker agreements nearing finalisation and financial close on the horizon.
Anticipating more renewable-energy (RE) jobs to be awarded in the coming months, the brokerage said it also expected the announcement of five large-scale solar winners in the second half of 2024.
“Further boosting the earnings of solar players is the commercial trading of Malaysia Renewable Energy Certificates, which is designed to increase market demand for RE by allowing companies to trade certificates representing RE production,” the research house said.
https://www.thestar.com.my/business/business-news/2024/06/14/high-demand-for-power-charges-up-sector
3 days ago
Sunview Group shares climb to eight-month high on winning two projects in Uzbekistan
https://theedgemalaysia.com/node/715468
2 days ago
Uzbekistan solar plans.....suitable for solar power: many sunny days and lots of vacant land
https://www.youtube.com/watch?v=n4M8eghjfJo
So, why not more projects for Sun view on the way?
2 days ago
faridfet
three black red + gap down + selling volume increasing...
the sign is very clear..
run...
2023-11-16 16:16