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
Opening
2016-04-28
Closing
2016-05-06
Allotment Date
2016-05-16
Listing Date
2016-05-18
Issue Price
-
Units
388,000,000
Share Capital
0.000
Public Issue
-
Offer for Sale
-
Private Placement
-
-
MYQ0183OO002
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
This good news: https://klse.i3investor.com/web/insider/detail/D_177479_1702379446 😄
1 month ago
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1 month ago
*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
Chia Chee Hong (Corporate lawyer at Rahmat Lim & Partners) literally bought 1 million shares before the surge in share price. Haha
1 month ago
Luckily it didn't trigger my cut loss price 😌 got took some profits at 82 cents there
1 month ago
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
Who has the ability to sue apple so their technology shld compatibility to world class.....
1 month ago
Apple was sued in US as well 😄 https://www.dailyexpress.com.my/news/231126/us-sues-apple-for-iphone-monopoly/
1 month ago
Chia Chee Hong insider trading again? Lawyer buying shares before IP case judgment. LOL
1 month ago
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
Today got announcement
https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3445079
3 days ago
DouglasLiu
everyone has different investment strategy lor
2 months ago