ASIAN PAC HOLDINGS BHD

KLSE (MYR): ASIAPAC (4057)

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Last Price

0.10

Today's Change

-0.005 (4.76%)

Day's Change

0.10 - 0.10

Trading Volume

89,000

IPO Info
Offer Period

Opening

Closing

Time Table

Allotment Date

Listing Date

Price

Issue Price

-

Units

-

Share Capital

0.000

No of Shares

Public Issue

-

Offer for Sale

-

Private Placement

-

Issuing House

-

ISIN Code

-

Prospectus:

RENOUNCEABLE RIGHTS ISSUE OF UP TO RM99,256,461 NOMINAL VALUE OF 5-YEAR 3% IRREDEEMABLE CONVERTIBLE UNSECURED LOAN STOCKS AT 100% OF ITS NOMINAL VALUE OF RM1.00 EACH ("ICULS") IN ASIAN PAC HOLDINGS BERHAD ("ASIAN PAC" OR "COMPANY") ON THE BASIS OF 1 ICULS FOR EVERY 10 EXISTING ORDINARY SHARES IN ASIAN PAC HELD AS AT 5.00 P.M. ON 28 APRIL 2017, TOGETHER WITH UP TO 198,512,922 FREE NEW DETACHABLE WARRANTS ("WARRANTS") ON THE BASIS OF 2 WARRANTS FOR EACH ICULS SUBSCRIBED

Asian Pac - Abridged Prospectus.pdf

ASIAN PAC - NPA RSF.pdf

Discussions
19 people like this. Showing 50 of 9,983 comments

SincereStock

@hohlaiyet88 if you so emphasize on dividend just don't bother about this counter. some counters give consistent dividends, some counters like this one doesn't because the company need to focus on paying debt first.

I invest on both type of counters, with or without dividends payout, most importantly is the price is undervalue with strong fundamental. comparing the fair fundamental value of the company with it's current market price. hence, targeting capital gain profit mainly, dividend only side bonus

by the way, you say this counter no dividend I agree, but no move? no body can precisely predict the future movement of any stock counters, so please don't be sure about that. just be patience if you invested here, or just sell, up to you

2023-10-26 13:48

supersaiyan3

hohlaiyet88, i will sell immediately if no dividend plus the management is spending company money like their own money. So far i am not seeing such thing happening in asiapac. Apparently management is capable and alert.

2023-10-28 23:17

SincereStock

fb.com/photo/?fbid=756501523183878&set=a.572268591607173

best shopping mall award ^_^

2023-11-06 17:26

SincereStock

topped up a few more at 0.105 ^_^ yaya

2023-11-07 14:48

stncws

move soon, monitor closely

2023-11-15 12:32

SincereStock

Malaysia to allow visa-free entry for China, India citizens: PM Anwar
https://www.straitstimes.com/asia/se-asia/malaysia-to-allow-visa-free-entry-for-china-india-citizens-pm-anwar

Good News for ASIAPAC, more China tourists here, IMAGO MALL businees sure boom, maybe can even increase mall rental

2023-11-27 15:31

SincereStock

haha as what I expect, property development drag down the mall operation profit again. ASIAPAC management can you please don't plan / start anymore future property developement project?

after you finish all ongoing property developement projects please focus on IMAGO MALL as reits only, then only your company profitability will be high and value of company can be unleashed.

investors like me who know the value of IMAGO MALL terpaksa wait and wait for the day to come, sigh, luckily now price very very cheap only consider the value of the mall alone

2023-11-27 17:47

SincereStock

top up a few more at 0.105 today ^_^

latest ASIAPAC prospect~
The Group currently has three active divisions contributing to the Group’s results, namely Property Development, Mall Operations and
Carpark Operations. Despite facing a confluence of headwinds globally, including inflationary costs pressures and elevated interest
rates, the three divisions of the Group continue to show improved operating performance amid the resilient domestic economy. The
Group envisages that it will continue to face headwinds in light of the persistent global economic uncertainty alongside the ongoing
and rising global conflicts which is causing volatility in the currency market and escalation in prices around the world.

2023-12-15 10:45

SincereStock

https://i.ibb.co/p3LMBLs/imagoparking.jpg

parking always full even during weekdays because kk people like to park there to go to their work place

fantastic hidden reits company

2023-12-15 16:20

SincereStock

https://www.youtube.com/watch?v=aQ6nn-WxkKI

revised my 2nd home project beneficial for property sectors?

2023-12-23 12:00

stncws

Got chance.penny in play..before cny..20c

2024-01-02 21:18

5354_

Imago Mall cannot turn into Reit? Listed Reit must pay dividend.

2024-01-02 22:35

SincereStock

depends what cooperate action management want to take to settle it's debt la, or wait many many years to clear all the debt with IMAGO's consistent earning. regardless, IMAGO MALL is GEM that worth 1 billion now in my opinion

this valuation of 850m done at 2014 year
https://theedgemalaysia.com/article/trade-wise-imago-mall-game-changer-asian-pac

what I hope is management stop planing for anymore further property development project only if they still don't separate IMAGO MALL from ASIAPAC. maybe sell IMAGO for net cash to give special dividend after clearing all debt also good option for me if ASIAPAC want to move on as true property developer company

2024-01-02 23:23

5354_

2014 Edge article how about 2023 or latest you have? Sincerestock I also own Penergy which I saw your posts there.

2024-01-03 05:12

5354_

Beside Imago Mall what else Asiapac have?

2024-01-03 05:16

SincereStock

@5354_ don't have o bro, I google saja u, that's all I found so far. if u found any from any source can kindly share here also

PENERGY I think now need to see oil price performance dulu, but I still holding la as price still cheap. but still will see, as HARBOUR there I think maybe I need top up even more as red sea crisis is happening. the most reluctant counter I for me to sell now still ASIAPAC despite needing more cash

you can check here for ASIAPAC properties

https://www.asianpac.com.my/properties/

properties to be honest I don't have much comment la, besides those in Sabah here seems to be very fine. more hope that the company can settle down with IMAGO MALL as their main business

2024-01-03 12:34

SincereStock

hmm~ let's see whats brewing here just now touching 0.115 then push back to 0.105/0.110. I have collected enough btw average cost 0.110 after few in out previously with few profit locked

@5354_ just sold PENERGY after deep consideration during afternoon rest just now, can see my comment there~

2024-01-03 15:09

SincereStock

if this one really finally up, 2024 really a very good year haha

2024-01-03 15:20

stncws

under value stock for property .....25 possible

2024-01-03 16:10

SincereStock

woah haha just commented reluctant to sell this counter then few hours later this counter up 9% already thank you so much ASIAPAC

2024-01-03 16:11

stncws

Tmr shd be more upside.momentum and trend is yr friend.

2024-01-03 19:53

SincereStock

Hope so, won't take profit too fast this time, it has been staying bottom low for quite sometime already

btw just another fact for thought, this counter started with ipo of 20 sen, after listed for so many years and retained profits of 52.8sen (mostly the form of a built up top 1 shopping mall in Sabah that can continuously generate reits kind of profits), which make it's current book value worth total of 72.8 sen.

then, after all of this accomplishment, the company now traded at half the price of it's IPO? so bad, so hard to believe, but then this is such a hard to get chance to buy ASIAPAC at half it's IPO price after all the accomplishment and retained profits!

2024-01-03 22:36

SincereStock

also remember the expired 20 sen iculs? actually nothing gone wrong with the company since then, IMAGO MALL is just as good as expect, and will continue to be no1 mall in Sabah for long time to come, I say this as a Sabahan that regularly visit IMAGO MALL. don't believe what I say, simply go visit it's facebook page and see it's comparable to west Malaysia top Malls' seasons' decorations. They don't do that if the mall is not that frequently visited and unable to easily regains the cost of building them up.

2024-01-03 22:41

Thomas0248

hopping it can wake up this year

2024-01-04 22:54

stncws

chances otw, follow trend

2024-01-05 10:01

stncws

continues the movement.

2024-01-05 15:08

ryan_och

Hopeless counter, sell and run better

2024-01-10 18:31

SincereStock

@ryan_och any fundamental reason for you to say so?

2024-01-10 23:07

SincereStock

one of the few top grade A shopping malls in Malaysia that doesn't need to compete with TRX

2024-01-20 22:39

Thomas0248

when the new qr report comes out?

2 months ago

SincereStock

as usual lo should be end of february lo

2 months ago

Thomas0248

@SincereStock tq

2 months ago

stncws

Boss is holiday...

2 months ago

SincereStock

https://www.facebook.com/100001612725081/videos/pcb.7424369177626766/390792246831390

ASIAPAC's Imago Mall 2024 Chinese New Year decorations and live crowd

2 months ago

SincereStock

thing not to forget - the boss subscribed the company's right issue (converted iculs to new shares at RM0.200 per share)

the company's fundamental has not changed to worse since then

2 months ago

SincereStock

top up few more at 0.105 today morning

2 months ago

SincereStock

Imago jam pulak mau masuk. Ingat semua orang suda balik kampung

https://www.facebook.com/photo/?fbid=893016539277911&set=a.674299797816254

2 months ago

SincereStock

again, tax erased profit for this QR. but profit before tax is slightly improved. mall operation improved. car park operation improved. management need to do something about the total liabilities, find a way to unlock the true value of IMAGO mall.

this QR is before car park price revised from RM3 to RM5. while the mall still is crowded after price revision. Sabah people has no other place to go as other shopping malls also revised their car park to higher rate while IMAGO MALL is still the most luxurious mall in Sabah. Keen to look for the next QR to unfold while waiting for good announcement from management

1 month ago

SincereStock

anyone know can kindly explain to me about the tax? because it seems like not all QR are affected by the tax. is it calculated once per year and only fall upon 1 of the 4 QRs per year?

1 month ago

supersaiyan3

SincereStock, my guess is, 1. mall and car park subsidiaries need to pay tax. 2. developer business losses but maybe can carry forward so no need pay tax when making money.

Average out "-" loh.

1 month ago

SincereStock

don't understand today 1k 1k seller at 0.100, so less lot queuing at sell 0.105, and already got buyer buy 10k+ lot just previously. a bit patience queue and wait a while there la if you want to sell. why so urgent terus throw away at 0.100. face palm

1 month ago

SincereStock

0.100 and 0.105 is RM500 different already for each 1k lot

1 month ago

SincereStock

maybe someone intentionally spoil the vwap figures

1 month ago

stncws

Better mr mah sells to back door listing company like pmholding

1 month ago

SincereStock

sell together with asset IMAGO MALL at such undervalued price? debt is high but IMAGO value is almost twice as high

1 month ago

stncws

Needed patients for this stock.

2 weeks ago

SincereStock

invest with patience or invest with risk, can choose either one only

2 weeks ago

SincereStock

https://www.facebook.com/photo/?fbid=1336221207188473&set=a.1135884010555528

Imago Mall crowded again. no better place to go shopping for Sabahans

1 week ago

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