REACH ENERGY BHD

KLSE (MYR): REACH (5256)

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Last Price

0.05

Today's Change

0.00 (0.00%)

Day's Change

0.045 - 0.055

Trading Volume

9,347,300

IPO Info
Offer Period

Opening

2014-07-24

Closing

2014-07-24

Time Table

Allotment Date

2014-08-11

Listing Date

2014-08-15

Price

Issue Price

0.75

Units

1,277,822,425

Share Capital

0.000

No of Shares

Public Issue

20,000,000

Offer for Sale

-

Private Placement

980,000,000

Issuing House

MIH-557

ISIN Code

MYL5256OO002

Prospectus:

PUBLIC ISSUE OF 1,000,000,000 NEW ORDINARY SHARES OF RM0.01 EACH IN OUR COMPANY (“PUBLIC ISSUE SHARES”), TOGETHER WITH 1,000,000,000 FREE DETACHABLE WARRANTS (“WARRANTS”) ON THE BASIS OF 1 WARRANT FOR EVERY 1 PUBLIC ISSUE SHARE SUBSCRIBED, AT AN ISSUE PRICE OF RM0.75 PER PUBLIC ISSUE SHARE PAYABLE IN FULL UPON APPLICATION COMPRISING:

• 980,000,000 PUBLIC ISSUE SHARES TOGETHER WITH 980,000,000 WARRANTS ON THE BASIS OF 1 WARRANT FOR EVERY 1 PUBLIC ISSUE SHARE SUBSCRIBED BY WAY OF PLACEMENT TO SELECTED INVESTORS; AND

• 20,000,000 PUBLIC ISSUE SHARES TOGETHER WITH 20,000,000 WARRANTS ON THE BASIS OF 1 WARRANT FOR EVERY 1 PUBLIC ISSUE SHARE SUBSCRIBED AVAILABLE FOR APPLICATION BY THE MALAYSIAN PUBLIC,

IN CONJUNCTION WITH OUR LISTING ON THE MAIN MARKET OF BURSA MALAYSIA SECURITIES BERHAD

REACH-Cover to Page 110.pdf

REACH-Notice Of Prospectus.pdf

REACH-Notice Of Prospectus.pdf

REACH-Page 111 to Page 282.pdf

REACH-Cover to Page 110.pdf

REACH-Page 111 to Page 282.pdf

Discussions
9 people like this. Showing 50 of 19,070 comments

newbie_2016

waiting for ever... hehehehe

2022-08-03 15:20

Understand

Gone case

2022-08-04 09:17

newbie_2016

@Understand Mr @Billionman thinks otherwise??? hmmmm ... what are we missing??

2022-08-04 10:00

cK1973

Mau jatuh, jatuh betul betul sampai bottom ma,
Mau naik, naik betul betul ma,
tiap tiap hari tidur......

2022-08-04 13:27

newbie_2016

gone case lor

2022-08-05 10:29

Understand

Close shop.

2022-08-06 11:36

newbie_2016

inching up?

2022-08-06 18:37

billionman

being away cruising in Medittrreanean

2022-08-17 10:18

newbie_2016

@Billionman... ex-date come and go oledy...

2022-08-17 13:25

billionman

yeeah.... Reach never reach its destiny....how come.. NOSH still 1092 millions...nothing much of said introducibg new shares as previouslu annkuncenebts

2022-08-18 10:48

billionman

previously announced@

2022-08-18 10:48

billionman

NOSH still 1096 millns shares..correction

2022-08-18 10:49

newbie_2016

The new Honkie shareholder bought the new shared at 20 sen lah... he must know something??

2022-08-18 11:54

billionman

true...what happens then sleep

2022-08-18 20:38

billionman

..Reach Energy Bhd (REB) has proposed to issue 1.03bn new ordinary shares at an issue price of 20.0 sen per share to undertake a debt settlement exercise involving RM206.5m owed to Super Racer Limited (SRL). At the same time, SRL and Cheung Siu Fai, acting in concert with SRL, intend to seek an exemption from the Securities Commission Malaysia from the obligation to undertake a mandatory take-over offer for the remaining REB shares and the outstanding warrants issued by REB expiring on 15th Aug 2022 on completion of the proposed debt settlement. The proposals are expected to be completed by 2H22. (The Star)

2022-08-18 20:39

billionman

now pass 15 aug...22....nothing moves..

2022-08-18 20:40

billionman

no news

2022-08-23 11:40

Habiskau

WTF ..this quarter still red ?

2022-08-25 18:14

Leoleo

they will make the QR look bad so that you all will approve the share sell agreement .

2022-08-25 18:20

Leoleo

it said oil sold at price lower than last year same quarter , hahaha

2022-08-25 18:21

Leoleo

last year 2021 june , brent price at 50 usd ??

2022-08-25 18:22

Habiskau

yup ..selling price lower than last year same quarter ..who believe ?

2022-08-25 18:32

Leoleo

go report police and SC

2022-08-25 20:52

TheContrarian

Domestic selling price is very low, I think around USD20. War in Ukraine probably shut off the export routes.

2022-08-25 20:54

Leoleo

may be they want to let the HK boss take over Reach for 1 RM . next Q bad result, lose 30 M

2022-08-26 11:16

melkeng888

if so they just bought it from market and delist it.

2022-08-27 00:19

newbie_2016

@Billionman... kepish?

2022-09-02 15:23

adikkici

Belum 20 sen meh?

2 months ago

billionman

steady

2 months ago

TheContrarian

Bought at 3.5 sen.

2 months ago

billionman

oil steady....

1 month ago

TheContrarian

Winter is coming ......

1 month ago

billionman

reach....wake up..wake up

1 month ago

chimchim

nyawa2 ikan

1 month ago

newbie_2016

kepish lor

1 month ago

newbie_2016

@TheContrarian still got hope ah Reach??

4 weeks ago

TheContrarian

@newbie_2016, one fine day it will spark and spike up.

3 weeks ago

newbie_2016

wow!! am honestly amazed by your optimism!! how come market doe not see it that way? want to learn your perspective

3 weeks ago

hoot9e996

tomorrow FLY!!!!!!!!!

6 days ago

hoot9e996

tp 10c !!!!! lets go

6 days ago

TheContrarian

QR out, net profit of RM16.9 million in latest quarter which is EPS of 1.5 sen. Share price now only 3.5 sen/4 sen.

6 days ago

TheContrarian

Nice opening. Go, go, go Reach, make everyone rich.

6 days ago

hoot9e996

POWER!!!

5 days ago

TheContrarian

Steady

4 days ago

hoot9e996

GO GO GO 8C COME TO PAPA

1 day ago

TheContrarian

Penny counters to rally?

1 day ago

newbie_2016

christmas comes early eh @TheContrarian? ;)

9 hours ago

TheContrarian

@newbie_2016, Reach has room to go up much further. Last quarter it easily made EPS of 1.5 sen. A whole year would be 6 sen.

8 hours ago

DonLee

profit due to foreign exchange gains, read the qr report pls



TheContrarian

QR out, net profit of RM16.9 million in latest quarter which is EPS of 1.5 sen. Share price now only 3.5 sen/4 sen.

6 days ago

8 hours ago

fl888

15-12-2022, EGM to approve share issue at 20cts... to settle debt........

6 hours ago

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