KLSE (MYR): SCGM (7247)
You're accessing 15 mins delay data. Turn on live stream now to enjoy real-time data!
Last Price
0.60
Today's Change
-0.01 (1.64%)
Day's Change
0.595 - 0.61
Trading Volume
332,100
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 |
---|
On behalf of the Board of Directors of SCGM, Inter-Pacific Securities Sdn Bhd wishes to announce that Bursa Securities has, vide its letter dated 16 April 2024, resolved to grant the Company a further extension of time of 6 months up to 1 September 2024 to submit its regularisation plan to the regulatory authorities.
The aforesaid approval is without prejudice to Bursa Securities’ right to proceed to suspend the trading of the listed securities of SCGM and to de-list the Company in the event:-
(i) the Company fails to submit its regularisation plan to the regulatory authorities on or before 1 September 2024;
(ii) the Company fails to obtain the approval from any of the regulatory authorities necessary for the implementation of its regularisation plan; or
(iii) the Company fails to implement its regularisation plan within the time frame or extended time frame stipulated by any of the regulatory authorities.
Upon occurrence of any of the events set out in (i) to (iii) above, Bursa Securities may suspend the trading of the listed securities of SCGM on the 6th market day after the date of notification of suspension by Bursa Securities and de-list the Company, subject to the Company’s right to appeal against the delisting.
This announcement is dated 17 April 2024.
2024-07-01 08:36
This i3investor turned into a hunting ground of toxic people.if u guys plan to invest this way,i hope you all lose till you run out of money
2024-07-03 18:10
It is best to just refer to some good information and invest at your own risk
2024-07-04 11:37
SCGM BHD ("SCGM" OR THE "COMPANY")
HEADS OF AGREEMENT IN RELATION TO THE PROPOSED ACQUISITION OF THE ENTIRE EQUITY INTEREST IN ERAMAS GLOBAL GROUP SDN BHD
On behalf of the Board of Directors of SCGM, Inter-Pacific Securities Sdn Bhd wishes to announce that the Company had on 20 March 2024, entered into a heads of agreement with Chin Kok Tian, Yan Hua Lan, Tan Ah Tek, Gan Chuan Lee, Tey Chee Shin, Tan Tai Chong and Lau Sie Khian (collectively referred to as the “Vendors”) for the acquisition of all ordinary shares in Eramas Global Group Sdn Bhd for a purchase consideration to be determined later (“Proposed Acquisition”)
2024-07-30 19:41
I don't think there is a limit on how long they can delay, but taking more than 3 years abnormal. They have one more year. This time they only get 4 months extension. Maybe a signal that the deal is soon.
2024-10-02 11:11
what do you think of the proposed regularization plan? Is it good for minority shareholders?
2 weeks ago
A bit disappointed after waiting for 2 years.... expect the new investors to pay more premium to gain control of the 117Mil cash........
2 weeks ago
Lol we are just shareholder...not owner....if new owner need pay more premium then if i am new owner i also dont want ler
2 weeks ago
95m consideration shares are to be offered to bumi by the new boss at 0.365 which is at no discount to the current market price of 0.365 (0.615 adjusted for special dividend of 0.25). Will bumi subscribe for the offer ?? Unlikely unless there is a discount of 20% to 30% to the market price.
5 days ago
@Just88
My take is that they will subscribe because much lower initial outlay. Only 0.365 vs 0.615 (with 0.25 special dividend). Also no brokerage fees, maybe just RM10 stamp duty only.
3 days ago
Brutus, I also believe they will subscribe but the market price then has to be much higher than 0.365 (after special dividend) in order to attract them into subscribing.
3 days ago
@Just88
Eramas comes into the picture with a profit guarantee of RM 18Mil for FYE2025.
2 days ago
for a company with market share of 760mil and annual profit ~18mil, the share price should be around ~60sen.
1 day ago
yes....after ex-dividend..... the share price should slowly climb up to ~60sen as the earning kick in. Even better if there is annual dividend announcement....
1 day ago
Mikecyc
Post removed.Why?
2024-06-30 16:57