MASTER TEC GROUP BERHAD
KLSE (MYR): MTEC (0295)
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Last Price
1.08
Today's Change
+0.02 (1.89%)
Day's Change
1.04 - 1.08
Trading Volume
609,300
IPO Info
Offer Period
Opening
2023-12-28
Closing
2024-01-18
Time Table
Allotment Date
2024-01-26
Listing Date
2024-01-29
Price
Issue Price
-
Units
1,020,000,000
Share Capital
146,049,090.000
No of Shares
Public Issue
-
Offer for Sale
-
Private Placement
-
Issuing House
-
ISIN Code
MYQ0295OO004
Prospectus:
INITIAL PUBLIC OFFERING ("IPO") OF 285,600,000 ORDINARY SHARES IN MASTER TEC GROUP BERHAD ("MTG") ("SHARES") COMPRISING PUBLIC ISSUE OF 158,100,000 NEW SHARES AND OFFER FOR SALE OF 127,500,000 EXISTING SHARES (COLLECTIVELY, "IPO SHARES") IN CONJUNCTION WITH THE LISTING OF AND QUOTATION FOR THE ENTIRE ENLARGED ISSUED SHARES ON THE ACE MARKET OF BURSA MALAYSIA SECURITIES BERHAD IN THE FOLLOWING MANNER: (I) 51,000,000 IPO SHARES MADE AVAILABLE FOR APPLICATION BY THE MALAYSIAN PUBLIC; (II) 2,144,000 IPO SHARES MADE AVAILABLE FOR APPLICATION BY OUR ELIGIBLE DIRECTORS AND EMPLOYEES; (III) 104,956,000 IPO SHARES BY WAY OF PRIVATE PLACEMENT TO SELECTED INVESTORS; AND (IV) 127,500,000 IPO SHARES BY WAY OF PRIVATE PLACEMENT TO IDENTIFIED BUMIPUTERA INVESTORS APPROVED BY THE MINISTRY OF INVESTMENT, TRADE AND INDUSTRY, AT AN IPO PRICE OF RM0.39 PER SHARE, PAYABLE IN FULL UPON APPLICATION, SUBJECT TO THE CLAWBACK AND REALLOCATION PROVISIONS
Master Tec Group Berhad - Prospectus (Part 1).pdf
Discussions
1 person likes this. Showing 50 of 546 comments
The rise and rise of the Malaysian data centre hub means growing demand for power cables !
https://theedgemalaysia.com/node/736787
1 month ago
10m is possible, cable demand are only going to grow further... now MTEC is gonna manufacture medium-voltage power cables too
1 month ago
The acquisition of Sediacom Sdn Bhd will also enhance MTEC’s service offering and secure bigger projects in the power infrastructure sector
1 month ago
The global power cable market size is expected to grow to USD 284.76 billion in 2030 ! MTEC has promising outlook
1 month ago
The extension of the Net Energy Metering program until June 2025 is anticipated to drive increased demand for power cables, which is excellent news for Master Tec as it expands into medium-voltage cable manufacturing
1 month ago
Malaysia has been ranked first among regional peers in Southeast Asia in Knight Frank’s SEA-5 Data Centre Opportunity Index for the second consecutive year with an annual take-up of 429 megawatts !
1 month ago
https://www.thestar.com.my/business/business-news/2024/12/23/malaysia-continues-to-lead-regional-data-centre-index
MTEC will certainly continue to make good progress in 2025 and beyond
1 month ago
The range between RM1.24 to RM1.26 serves as a good entry opportunity. The first resistance level can be set at RM1.37. A successful breach above this resistance could pave the way for the stock to challenge the subsequent resistance at RM1.40. Conversely, if the stock consolidated towards and below RM1.18, this could signal the commencement of the consolidation phase.
Entry - RM1.24 - RM1.26
Stop Loss - RM1.10
Target Price - RM1.37 - RM1.40
Source: Mercury Securities Research (26 Dec 2024)
1 month ago
https://themalaysianreserve.com/2024/12/30/gamuda-to-acquire-389-acre-land-in-port-dickson-for-rm424m-for-data-center-development/
More data center projects are coming
1 month ago
Master Tec, Potential Breakout Ahead ?
After touching its 52-week high in early-May, MTEC experienced a mild correction before a recovery took place. This recovery moved in tandem with the growing trading interest, leading the stock to trend upward. During this period, a bullish uptrend wedge pattern was formed, indicating the stock was trending upward in a higher highs and higher lows pattern. At the last closing price of RM1.26 on Christmas eve, the stock was just on the verge of breaking through the pattern.
3 weeks ago
Data centers are booming around the world
https://www.thestar.com.my/tech/tech-news/2025/01/08/factbox-data-center-companies-investing-in-brazil
3 weeks ago
MTEC manufactures and supplies various types of cables (https://mastertec.my/products-technology/) to cater to a wide range of customers in the Asia Pacific region (Thailand, Cambodia, Myanmar, Brunei and Singapore)
3 weeks ago
aiyo what happen, today market not good le either someone taking profit or cut loss
2 weeks ago
Whole market has fallen into a red sea ... Let's keep watching, maybe there will be some opportunities
2 weeks ago
Deals Of 2024: Best Initial Public Offering | Ace Market - Master Tec’s share price performance smashes expectations
Cheryl Poo/The Edge Malaysia
13 Jan 2025, 12:00 pm
https://theedgemalaysia.com/node/739358
2 weeks ago
Data center-related counters are severely impacted by restrictions on access to AI chips ... Cari pasal this Biden 😒
2 weeks ago
@HafizAjiad98. 30% Dividend Policy. You can check back its past press releases
1 week ago
Singapore and Malaysia optimistic US AI chip curbs won't derail data center plans. The demand for power cables continues to explode
https://www.digitimes.com/news/a20250122PD204/data-data-center-ai-chip-joe-biden-galaxy.html
1 week ago
The power cable market is poised for significant growth over the coming years, driven by increased demand across various industries, especially in the energy sector. Just buy when it's cheap
1 day ago
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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
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Master Tec posts RM5.96mil net profit in Q3, Q4 10mil ?
1 month ago