SOUTHERN CABLE GROUP BERHAD

KLSE (MYR): SCGBHD (0225)

You're accessing 15 mins delay data. Turn on live stream now to enjoy real-time data!

Last Price

0.97

Today's Change

-0.01 (1.02%)

Day's Change

0.94 - 0.98

Trading Volume

5,819,900

IPO Info
Offer Period

Opening

2020-09-29

Closing

2020-09-29

Time Table

Allotment Date

2020-10-15

Listing Date

2020-10-16

Price

Issue Price

0.34

Units

800,000,000

Share Capital

218,841,320.000

No of Shares

Public Issue

209,348,000

Offer for Sale

20,000,000

Private Placement

167,348,000

Issuing House

MIH - 602

ISIN Code

MYQ0225OO001

Prospectus:

INITIAL PUBLIC OFFERING ("IPO") IN CONJUNCTION WITH THE LISTING OF SOUTHERN CABLE GROUP BERHAD ("SOUTHERN CABLE" OR "COMPANY") ON THE ACE MARKET OF BURSA MALAYSIA SECURITIES BERHAD COMPRISING OF:- (I) PUBLIC ISSUE OF 209,348,000 NEW ORDINARY SHARES ("ISSUE SHARES") IN THE FOLLOWING MANNER: 40,000,000 ISSUE SHARES MADE AVAILABLE FOR APPLICATION BY THE MALAYSIAN PUBLIC; 22,000,000 ISSUE SHARES MADE AVAILABLE FOR APPLICATION BY OUR ELIGIBLE DIRECTORS, EMPLOYEES AND PERSONS WHO HAVE CONTRIBUTED TO OUR SUCCESS; 67,348,000 ISSUE SHARES MADE AVAILABLE BY WAY OF PRIVATE PLACEMENT TO SELECTED INVESTORS; AND 80,000,000 ISSUE SHARES MADE AVAILABLE BY WAY OF PRIVATE PLACEMENT TO IDENTIFIED BUMIPUTERA INVESTORS APPROVED BY THE MINISTRY OF INTERNATIONAL TRADE AND INDUSTRY, AND (II) OFFER FOR SALE OF 20,000,000 EXISTING ORDINARY SHARES ("OFFER SHARES") BY WAY OF PRIVATE PLACEMENT TO SELECTED INVESTORS, AT AN IPO PRICE OF RM0.34 PER SHARE, PAYABLE IN FULL UPON APPLICATION.

1. Southern Cable - Prospectus (cover-pg106).pdf

2. Southern Cable - Prospectus (pg107-pg194).pdf

3. Southern Cable - Prospectus (pg195-pg455).pdf

4. Southern Cable - Detailed Procedures.pdf

Discussions
4 people like this. Showing 50 of 1,326 comments

zying

Sell off glove counter and get in SCGBHD this morning...

3 weeks ago

pang72

Good move:)

3 weeks ago

pang72

As long as not selling cheap SCG 93.5c to bro. James will do
Sell to them at $3.32 yeap!!

See who hv the last big abalones...

3 weeks ago

pang72

MTEC $1.12 up 3c
Scg $0.92 down 1.5c

Reverse trend....?

This is market but SCG supposes be much stronger profit as compared to Mtec.
So, it will catch up, I strongly believe

3 weeks ago

zying

Scg earning is good, should be some of them taking profit since the stock is going up all way long.

3 weeks ago

ov123

Warrants do not get dividends and the stock will be ex-dividend soon. The real discount is less.

3 weeks ago

investor2021trading

Conversion of Warrants to Ordinary Shares
22 Jan to 23 Apr 2024 exercise of 1,215,900 Warrants
30 May 2024 exercise of 3,172,200 Warrants
04 Jun 2024 exercise of 2,625,450 Warrants
14 Jun 2024 exercise of 4,118,900 Warrants
27 Jun 2024 exercise of 8,481,800 Warrants
28 Jun 2024 exercise of 3,317,550 Warrants

3 weeks ago

ov123

SCGB Q1 profits RM14.1m. Annualized PER 14.2x assuming no profit growth in Q2, Q3 and Q4.

2 weeks ago

Cakes Moon

Scgbhd is a must buy gem!!!

2 weeks ago

troy88

Slow and steady is good enough

2 weeks ago

investor2021trading

Conversion of Warrants to Ordinary Shares
03 Jul 2024 exercise of 4,970,500 Warrants

2 weeks ago

goldmanbull

Should rename the company to Northern Cable hahaha

2 weeks ago

investor2021trading

Moving North is always better than moving South. Anyway, this stock not bad Feng Sui! Business is good with increasing profit every quarter.

2 weeks ago

Hair123

More likely to be a placement to institutional funds who will hold long term given the strong prospective growth and grossly undervalued metrics of the company.

2 weeks ago

Chang206

SOUTHERN CABLE GROUP BERHAD ("SOUTHERN CABLE" OR THE "COMPANY") - LETTER OF AWARD FROM TENAGA NASIONAL BERHAD
https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3462136

2 weeks ago

multi-bagger

Good news!

2 weeks ago

investor2021trading

for the first time, this undervalued penny stock SCGBhd is 1.01 at the end of trading! Infact, it did touch 1.03

2 weeks ago

edithcapital

RM854mil value worth of contract given to a company market cap of RM836mil.

2 weeks ago

investor2021trading

Conversion of Warrants to Ordinary Shares
05 Jul 2024 exercise of 5,920,000 Warrants

2 weeks ago

BuySoLow SellEvenLower

Long2 time ago when SCGbhd was at .870, alrdy said mari2 beli, kalau tak beli kesal nanti and can only makan roti. Now sudah RM1.00. If got beli at .870, now can makan shark fin already.

2 weeks ago

goldmanbull

RM1.50 is not impossible

2 weeks ago

BuySoLow SellEvenLower

SCG next RnR stop - RM1.15

2 weeks ago

ov123

At RM1.50, Scgb market cap will be just RM1.52b, same as Mtec.
Scgb sales Q1 RM313m vs Mtec RM67m
Scgb profits Q1 RM14m vs Mtec RM5m.
At a market cap of RM2b, the price will be RM2.40

2 weeks ago

goldmanbull

NCG for sure has a lot of catch up to go. For those wondering what is NCG, it is Northern Cable hehe

1 week ago

edithcapital

Ready for energy stocks to surge today

1 week ago

Cakes Moon

Data centre theme, as long as electrical counters still on uptrend, SCGBHD definitely also will be benefiting from this BOOM!!!

1 week ago

Hair123

A kind soul posted this video on YouTube.
https://www.youtube.com/watch?v=kYbq9QnwAkw

The factory is massive.
The sales and profits growth are massive.
The company is clearly worth more than 2 billion,

Thank you Mr. KC Chiok

1 week ago

pang72

It breaks 52wks high to $1.07

1 week ago

pang72

TNB up 18c to $14.40
So, don't worry about SCG

1 week ago

pang72



Scg order book is $1B.. can last for 3 years..

TNB $20B capex per year for 28 years meaning SCG for next 28 years will go yang kaki

1 week ago

pang72

TNB to invest around RM20 bln capex per annum to fast-track energy transition plan

17 Aug 2022

Tenaga Nasional Bhd (TNB) will invest around RM20 billion per year over the next 28 years as capital expenditure (Capex) for initiatives to fast-track its Energy Transition Plan that aspires to reduce its emissions intensity to net zero by 2050.

President and chief executive officer Datuk Ir Baharin Din said the investment would pave the way for TNB’s journey towards its net zero aspiration and open opportunities in more than doubling its earnings before interest and taxes (EBIT).

“This responsible energy transition journey will bring positive

1 week ago

VincentTang

Bought some SCGBHD at 0.98

1 week ago

tallman

not a good timing because of the loss of by-election Sg Bakap

1 week ago

investor2021trading

Conversion of Warrants to Ordinary Shares
10 Jul 2024 exercise of 10,438,000 Warrants

1 week ago

goldmanbull

Can sleep well holding Northern Cable

1 week ago

investor2021trading

dividend entitlement date is 12th July 2024.

1 week ago

Cakes Moon

Warrant pool only 400 millions, the discount % is getting lower as 5~10 millions conversion daily.
Eventually, there is no warrant in near future after full conversion!!!

1 week ago

VincentTang

Sold all my MNHLDG and SCGBHD to buy more FPHB.

1 week ago

wine1234

Warrant no more negative premium after transaction costs.

1 week ago

Heavy987

@wine1234 what is that mean

1 week ago

investor2021trading

🤑🤑🤑🙏🙏🙏

5 days ago

ipeyymus

TP 1.33 lets goooo

4 days ago

rtsma2026

Gogogo malaysia bull theme is data centre gogogo continue more CABLE needed

4 days ago

rtsma2026

Gogoogo data centre theme bring Malaysia Great again

4 days ago

rtsma2026

If stop this theme bursa will be bearish so gogoogo data centre theme

4 days ago

rtsma2026

yeahhh, our theme is data center gogoogo CABLE need more

4 days ago

sweetylemon

Reached RM 1 at last today. Should I wait for it to reach certain TP or not?

4 days ago

wine1234

A new factory coming up for exports to US. Think of all the US$. Price will be more than 2.00.

4 days ago

goldmanbull

Truly Northern Cable

4 days ago

Cakes Moon

Buy on weakness, sell on strength!!!

9 hours ago

Post a Comment