KLSE (MYR): MINOX (0288)
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Last Price
0.295
Today's Change
0.00 (0.00%)
Day's Change
0.295 - 0.295
Trading Volume
341,000
Opening
2023-09-20
Closing
2023-10-03
Allotment Date
2023-10-13
Listing Date
2023-10-17
Issue Price
-
Units
360,000,000
Share Capital
68,907,431.000
Public Issue
-
Offer for Sale
-
Private Placement
-
-
MYQ0288OO009
INITIAL PUBLIC OFFERING IN CONJUNCTION WITH OUR LISTING ON THE ACE MARKET OF BURSA MALAYSIA SECURITIES BERHAD COMPRISING: (I) PUBLIC ISSUE OF 90,000,000 NEW ORDINARY SHARES IN OUR COMPANY ("SHARES") IN THE FOLLOWING MANNER: - 18,000,000 NEW SHARES AVAILABLE FOR APPLICATION BY THE MALAYSIAN PUBLIC; - 10,800,000 NEW SHARES AVAILABLE FOR APPLICATION BY OUR ELIGIBLE DIRECTORS, EMPLOYEES AND PERSONS WHO HAVE CONTRIBUTED TO THE SUCCESS OF OUR GROUP; - 45,000,000 NEW SHARES BY WAY OF PRIVATE PLACEMENT TO BUMIPUTERA INVESTORS APPROVED BY THE MINISTRY OF INVESTMENT, TRADE AND INDUSTRY; AND - 16,200,000 NEW SHARES BY WAY OF PRIVATE PLACEMENT TO SELECTED INVESTORS; AND (II) OFFER FOR SALE OF 18,000,000 EXISTING SHARES BY WAY OF PRIVATE PLACEMENT TO SELECTED INVESTORS AT AN ISSUE/OFFER PRICE OF RM0.25 PER SHARE, PAYABLE IN FULL UPON APPLICATION.
Minox International Group Berhad - Prospectus dated 20 September 2023 (Part 1).pdf
Minox International Group Berhad - Prospectus dated 20 September 2023 (Part 2).pdf
Minox International Group Berhad - Prospectus dated 20 September 2023 (Part 3).pdf
Minox International Group Berhad - Detailed Procedures for Applications.pdf
Minox is preparing to construct a state-of-the-art warehouse in Puchong, Selangor, which will increase its storage capacity by 74% to 2,660 pallet units.
1 month ago
https://klse.i3investor.com/web/mktbzz/meeting-detail/16623_1981001066
The EGM will be held on January 3, 2025. This is earlier than I expected
1 month ago
A 1-for-2 bonus warrant issuance improves liquidity and enhances shareholder value, possibly increasing demand for the stock. This is a good buy 👍
1 month ago
i agree... solid company, prudent mgmt. today is good day to pick up more since price dropped due to broader market weakness. hopefully anak (warrant) will be valued at good premium. EGM is 3 Jan 2025.
hopefully good returns to those patient shareholders... gambateh!
1 month ago
Minox has a strong footprint in Malaysia, with expansion into other Southeast Asian markets, such as Thailand, Singapore, and Indonesia. These markets are seeing robust growth in industrial and manufacturing activities, creating ongoing demand for stainless steel products.
1 month ago
big opportunity with free warrants and future expansion plans, buy during Minox retrace
1 month ago
I will be sniping at 28 - 29 cents 😁
Slowly increasing my holdings to get more free warrants (or free cash)
1 month ago
See whether got Christmas present from Minox or not , besides the free warrants. Hehe 😙
4 weeks ago
If the company is good why insiders are selling even knowing giving free warrant.
3 weeks ago
They don't want to let it moves too high now , because they haven't set low level exercise price for warrants yet...after EGM , and once the warrant exercise price is set, then it will move up gradually..
3 weeks ago
Share price remains steady after the directors sold their shares ... Probably some big fund makan the ticket from them
3 weeks ago
no problem, price not shaky also.... just be patience... free warrant is very juicy
3 weeks ago
The proposal to issue bonus warrants will be approved for sure. It will then break through the 52-week high
3 weeks ago
Minox is still trading above its 50-day moving average, which means its short-term sentiment remains positive
3 weeks ago
Today is the extraordinary general meeting of shareholders. Free Warrants Proposal Approved 😊
2 weeks ago
https://klse.i3investor.com/web/mktbzz/meeting-detail/16623_1981001066
Indeed, shareholders will get 1 warrant for every 2 shares they own soon
2 weeks ago
There are no signs of a pullback yet...May be can try your luck at 0.30 or 0.305
1 week ago
Even after Mr Cheong sold his shares, the share price remained intact. He sold to institutional fund?
1 week ago
below 0.30 if you are lucky, still a big opportunity with free warrants and future expansion plans
1 week ago
Minox has a customer base of 1,700 active and recurring customers comprising project consultants, contractors and industrial end-customers since 2022. Steady inflow of income, worth buying
6 days ago
Minox are setting up a new 7,500-square-foot warehouse in Singapore to store their new vacuum fittings and valves for the semiconductor industry, as well as to keep inventories for their customers in Singapore and other overseas markets
4 days ago
Good news, Minox will offer one warrant for every two ordinary shares held by shareholders. The last day to qualify for the free warrants is February 3, while the grant date is February 4, 2025
https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3516716
4 days ago
InfinityTifanny
No need to worry much. All Minox products comply with a wide range of international industry standards including 3A, ASME BPE, EHEDG and FDA. Definitely can trust this company
1 month ago