MASTER TEC GROUP BERHAD
KLSE (MYR): MTEC (0295)
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Last Price
1.23
Today's Change
+0.03 (2.50%)
Day's Change
1.20 - 1.23
Trading Volume
2,020,600
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 478 comments
People who constantly monitor this counter will get lelong price this morning 😉
2 months ago
No problem lah, mtec business in Q3 confirm better than Q2. Keep buying at current price
2 months ago
Nope, it's still consolidating at RM1.05 there. Better to collect 1st before the next rally comes
2 months ago
Demand for power cables will continue to surge
https://theedgemalaysia.com/node/727210
1 month ago
Tahniah kpd orang yg ada kumpul pd masa tu 😊
____________________________________________________
HafizAjiad98
Kumpul saja sebelum ia memecah Rm1.10 semula
1 week ago
1 month ago
Master Tec Group Bhd (MTEC) closed at RM1.12, advancing 6.67% and breaking out from its recent consolidation range between RM1.05 and RM1.09. The stock is now trading above its 5-day Simple Moving Average (SMA) of RM1.09, supported by increased trading volume, signalling renewed momentum.
The immediate resistance level stands at RM1.19. A break above this could propel the stock
1 month ago
Google’s first data centre in Malaysia. Good news for power cable suppliers 😉
https://www.malaymail.com/news/tech-gadgets/2024/10/02/malaysias-first-us2b-google-data-centre-in-elmina-to-power-ai-cloud-services-with-energy-efficient-water-cooling-tech/152353
1 month ago
Great, PBB raises Mtec's target price as follows:
TP 1: RM1.18
TP 2: RM1.26
TP 3: RM1.33
https://klse.i3investor.com/web/blog/detail/PublicInvest/2024-10-14-story-h471146842-TECHNICAL_BUY_MTEC_0295
1 month ago
MTEC plans to venture into the manufacturing of medium-voltage (MV) power cables and expand the market coverage through export sales.
1 month ago
As the number of data centers in Malaysia continues to increase, the demand for power cables is bound to grow
1 month ago
Good news, Master Tec Group has completed stake buy in Sediacom. With Sediacom’s expertise, MTEC surely can deliver more comprehensive infrastructure solutions and secure larger projects.
https://www.thestar.com.my/business/business-news/2024/10/24/master-tec-group-completes-stake-buy-in-sediacom
3 weeks ago
MTEC acquisition of Sediacom will strengthen their competitive edge and generate long-term value for the company & shareholders.
3 weeks ago
Very good, Mtec will be able to undertake more and more large infrastructure projects in the future
3 weeks ago
Volume pouring today... finally buying power is here after sediacom acquisition
2 weeks ago
Power cable demands are on the rise
https://www.datacenterdynamics.com/en/news/bridge-dc-signs-200mw-data-center-jv-with-malaysias-mah-sing/
2 weeks ago
High demand for low-voltage power cables had contributed had contribute most of MTEC revenue, let's see how the bigger project can contribute
2 weeks ago
Power Cable Market Set for Robust Growth: https://www.einnews.com/pr_news/756503967/power-cable-market-set-for-robust-growth-forecasting-trends-and-opportunities-through-2031
2 weeks ago
MTEC is showing strong momentum! I guess we can see it hitting RM1.30 by this week 😋
1 week ago
2025 electricity demand seen rising 12%-13% ! MTEC will continue to perform well next year
https://www.thestar.com.my/aseanplus/aseanplus-news/2024/11/12/vietnam-pm-says-2025-electricity-demand-seen-rising-12-13
4 days ago
We might see MTEC breaking through RM1.30 when it releases an excellent q3 result next week 🤗
6 hours ago
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4.9 / 5.0
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....
DoubtfulBsk
if got patience can snipe near 1.10, power cable demand are increasing soon
2 months ago