SALUTICA BERHAD

KLSE (MYR): SALUTE (0183)

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Last Price

0.80

Today's Change

+0.01 (1.27%)

Day's Change

0.785 - 0.81

Trading Volume

1,738,200

IPO Info
Offer Period

Opening

2016-04-28

Closing

2016-05-06

Time Table

Allotment Date

2016-05-16

Listing Date

2016-05-18

Price

Issue Price

-

Units

388,000,000

Share Capital

0.000

No of Shares

Public Issue

-

Offer for Sale

-

Private Placement

-

Issuing House

-

ISIN Code

MYQ0183OO002

Prospectus:

INITIAL PUBLIC OFFERING OF 101,000,000 ORDINARY SHARES OF RM0.10 EACH IN SALUTICA BERHAD (FORMERLY KNOWN AS BLUE OCEAN GENIUS SDN BHD) ("SALUTICA" OR THE "COMPANY") ("SHARE(S)") IN CONJUNCTION WITH THE LISTING OF AND QUOTATION FOR THE ENTIRE ENLARGED ISSUED AND PAID-UP ORDINARY SHARE CAPITAL OF SALUTICA ON THE ACE MARKET OF BURSA MALAYSIA SECURITIES BERHAD COMPRISING:- (A) A PUBLIC ISSUE OF 78,000,000 NEW SHARES ("ISSUE SHARE(S)") IN THE FOLLOWING MANNER:- (I) 19,400,000 ISSUE SHARES MADE AVAILABLE FOR APPLICATION BY THE MALAYSIAN PUBLIC; (II) 9,700,000 ISSUE SHARES MADE AVAILABLE FOR APPLICATION BY OUR ELIGIBLE DIRECTORS AND EMPLOYEES AS WELL AS PERSONS WHO HAVE CONTRIBUTED TO THE SUCCESS OF SALUTICA AND ITS SUBSIDIARY; (III) 10,100,000 ISSUE SHARES MADE AVAILABLE FOR APPLICATION BY WAY OF PRIVATE PLACEMENT TO INSTITUTIONAL AND IDENTIFIED INVESTORS; AND (IV) 38,800,000 ISSUE SHARES MADE AVAILABLE FOR APPLICATION BY WAY OF PRIVATE PLACEMENT TO IDENTIFIED BUMIPUTERA INVESTORS APPROVED BY THE MINISTRY OF INTERNATIONAL TRADE AND INDUSTRY (B) AN OFFER FOR SALE OF 23,000,000 EXISTING SHARES ("OFFER SHARE(S)"), MADE AVAILABLE FOR APPLICATION BY WAY OF PRIVATE PLACEMENT TO INSTITUTIONAL AND IDENTIFIED INVESTORS AT AN IPO PRICE OF RM0.80 PER ISSUE SHARE/OFFER SHARE, PAYABLE IN FULL UPON APPLICATION.

Salutica - English IPO (Part 1).pdf

Salutica - English IPO (Part 2).pdf

Salutica - English IPO (Part 3).pdf

Discussions
7 people like this. Showing 50 of 5,227 comments

DouglasLiu

everyone has different investment strategy lor

2 months ago

Atacms

suddenly rebound today. Any good news is coming ?

2 months ago

kforce76

Good good

1 month ago

wallstreetrookieNEW

I love this stock

1 month ago

mf

take profit

1 month ago

Jerung

Why up so much...

1 month ago

DouglasLiu

Ya, I am shocked and happy at the same time 😁😁 Salute makan blue pill today?

1 month ago

mf

Dow Jones

Dow Jones Industrial Average

38,791.57

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Nasdaq

NASDAQ Composite

16,009.84

-118.68

0.73%

1 month ago

yeeling

*Salute Bhd update*

*Date : 17 March 2024*

*Further insights into the trial of Salute vs Apple*

1. The focus of Apple’s lawyers since the start of the trial on 11 March 2024 is to *establish that there is no infringement on the pairing patent by Apple* because Apple is operating on a very *sophisticated and complex system* ( which is the IOS) and can bypass Salute pairing patent . If Apple case successfully establishes this fact, there is no case against Apple
2. ⁠However, after 4 days of grilling the 3 witnesses of Salute ( on firmware, software and expert opinion) , Apple *still fails * to establish there is *no infringement*.
This has strengthened the Salute’s case against Apple significantly.
3. Next week- Mon & Tuesday ( 18 & 19 March) - Apple lawyers will use *invalidity* of the patent ( based on prior art) to fight salute.
Historically , it’s *difficult* to *invalid* a patent especially this pairing patent is granted by US patent office for 12 years up to 2032 + recognised in 11 countries
4. Apple’s expert will be grilled by salute’s lawyers from 20 - 22 March 24.

In my *opinion* , the *failure* of Apple lawyers to discredit the 3 witnesses and to establish non-infringement of patent in the 4 days of trial has *improved* Salute winning chance from 50 : 50 to 51 : 49 .

1 month ago

DouglasLiu

Salute is back to the game. Prepare to tp at 90 cents

1 month ago

kforce76

@DouglasLiu yes!

1 month ago

wallstreetrookieNEW

Chia Chee Hong (Corporate lawyer at Rahmat Lim & Partners) literally bought 1 million shares before the surge in share price. Haha

1 month ago

pang72

Still early stage.
Don't give up

1 month ago

pang72

If mouse can win elephant in legal battle..
SALUTE will rocket up...

1 month ago

Atacms

Luckily it didn't trigger my cut loss price 😌 got took some profits at 82 cents there

1 month ago

pang72

Apple is roaring

1 month ago

paktua73

Selamat pagi semua..
jom joined paktua play new born counter..
paktua back pick new hot counter for march till june..

so paktua n team we will focus on
1-Mtec paktua target rm1.43
2-KJTS paktua target rm0.93
3-Hegroup Paktua target rm0.70
4-Emcc paktua target rm0.75

set from 21hb march 24.till 7hb june 24..

come joined paktua Swing team..
let we fight together



tut tut
come joined paktua swing team..
sent request at tele @swingdarkred73

1 month ago

pang72

Who has the ability to sue apple so their technology shld compatibility to world class.....

1 month ago

pang72

So, world class technology is in malaysia

1 month ago

pang72

Hihop... Horray...

1 month ago

pang72

Whole world want to sue them so the wining is high

1 month ago

DouglasLiu

No la. Salute moving down again ...

1 month ago

pang72

74.5c down 1c...
Mana gamblers pergi?

1 month ago

pang72

75.5 up 3c...
Today is called great rebound days

1 month ago

berfikir

watch this stock

1 month ago

pang72

Steady

1 month ago

pang72

74.5 up 2c

Apple Sue apple

1 month ago

pang72

Uptrend resume

1 month ago

berfikir

kamon salute

1 month ago

berfikir

go salute go

1 month ago

Atacms

Momentum has finished yet, it seems like. Don't give up on Salute

1 month ago

loonisback

salute no more?

1 month ago

Atacms

Sorry, typo there. It's hasn't finished yet 😅 I am waiting it to pass 0.80 again

1 month ago

wallstreetrookieNEW

Chia Chee Hong insider trading again? Lawyer buying shares before IP case judgment. LOL

1 month ago

DouglasLiu

insider trading or not, I am happy to see it moving up 😃😃

1 month ago

pang72

Fuyooo...
81c lol

1 month ago

DouglasLiu

I will tp at 85 cents tis time 😬

3 weeks ago

brennan

wow..Salute today Up Up Up

3 weeks ago

DouglasLiu

Almost hit 85 cents today. Add oil, Salute

3 weeks ago

loonisback

back to back downtrend

2 weeks ago

kforce76

sit tight & drink coffee

1 week ago

Atacms

Salute need certain blue pill 😆

1 week ago

DouglasLiu

ya...now it's stuck at 78 cents there ...

1 week ago

CaoCao0183

Walao look like Salute no even intend to go court… how come no announcement on this???

https://efs.kehakiman.gov.my/EFSWeb/DocDownloader.aspx?DocumentID=28c63736-8b5f-4a80-bd81-322fd4d4c3f7&Inline=true

1 week ago

Atacms

Gogogo, now Salute passes through 80 cents again

3 days ago

DouglasLiu

Pullback again ...😑

23 hours ago

Atacms

Salute need to eat that blue pill again

48 minutes ago

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