MAGMA GROUP BERHAD
KLSE (MYR): MAGMA (7243)
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Last Price
0.215
Today's Change
-0.005 (2.27%)
Day's Change
0.215 - 0.215
Trading Volume
130,000
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:
PUBLIC ISSUE OF 37,009,000 NEW ORDINARY SHARES OF RM0.20 EACH IN OUR COMPANY AT AN ISSUE PRICE OF RM0.33 PER ORDINARY SHARE PAYABLE IN FULL UPON APPLICATION COMPRISING:
-15,000,000 NEW ORDINARY SHARES OF RM0.20 EACH AVAILABLE FOR APPLICATION BY THE MALAYSIAN PUBLIC;
-10,000,000 NEW ORDINARY SHARES OF RM0.20 EACH AVAILABLE FOR APPLICATION BY THE DIRECTORS AND ELIGIBLE EMPLOYEES OF BIO OSMO BERHAD AND OUR SUBSIDIARY COMPANY AND PERSONS WHO HAVE CONTRIBUTED TO THE SUCCESS OF BIO OSMO BERHAD AND OUR SUBSIDIARY COMPANY;
-10,009,000 NEW ORDINARY SHARES OF RM0.20 EACH RESERVED FOR SELECTED INVESTORS BY WAY OF PRIVATE PLACEMENT; AND
-2,000,000 NEW ORDINARY SHARES OF RM0.20 EACH RESERVED FOR BUMIPUTERA INVESTORS APPROVED BY THE MINISTRY OF INTERNATIONAL TRADE AND INDUSTRY; AND
OFFER FOR SALE OF 8,027,700 ORDINARY SHARES OF RM0.20 EACH RESERVED FOR BUMIPUTERA INVESTORS APPROVED BY THE MINISTRY OF INTERNATIONAL TRADE AND INDUSTRY AT AN OFFER PRICE OF RM0.33 PER ORDINARY SHARE PAYABLE IN FULL UPON APPLICATION
IN CONJUNCTION WITH OUR LISTING ON THE SECOND BOARD OF BURSA MALAYSIA SECURITIES BERHAD
BIOOSMO-NoticeOfProspectus (82KB).pdf
BIOOSMO-Cover-Definitions-Contents (856KB).pdf
BIOOSMO-CorpDirectory-Summary-IPODetails-RiskFactors-GroupInfo-BusinessOverview (2.1MB).pdf
BIOOSMO-ExecSummary-InfoOnPromoters (1.6MB).pdf
BIOOSMO-ApprovalsConditions-RPT-Properties-ProformaHistorical-ManagementDiscussion (1.6MB).pdf
BIOOSMO-FutureFinancial-AccountantsRpt-DirectorsRpt (1.9MB).pdf
Discussions
3 people like this. Showing 50 of 3,339 comments
PM meets Marriott chairman (one of the world's largest hospitality companies) to discuss boosting Malaysia's tourism
2024-09-11 13:29
https://www.nst.com.my/news/nation/2024/09/1104157/pm-meets-marriott-chairman-discuss-boosting-malaysias-tourism
This is undoubtedly good for Magma's hotel business
2024-09-11 13:30
Magma obtains shareholders' nod to raise RM100mil from bond issue
https://www.nst.com.my/business/corporate/2024/09/1104018/magma-obtains-shareholders-nod-raise-rm100mil-bond-issue
2024-09-11 16:10
The approval of the RCN fund-raising exercise provides us with the necessary financial resources to strengthen our balance sheet, enhance our hotel offerings, and capitalise on growth opportunities within the recovering tourism market.
Next era for Magma
2024-09-11 16:11
Something not right about hotels revenue,only 6m?
5 hotels x (100 room x70%) x 200 rgt x 365 days =$25.5m rgts
this is based on average occupancy rate of 70%
2 months ago
Share price will go up soon! Company will be back in profit!!! Ready to ride the wave
3 weeks ago
Possible for chart pattern breakout. MAGMA is potentially staging a breakout from its descending triangle chart pattern, with anticipation of continuous improvement in both momentum and trend in the near term. Should immediate resistance level of RM0.235 be broken with renewed buying interest, it may continue to lift price higher to subsequent resistance level of RM0.250.
2 weeks ago
Magma will acquire a 2.26-acre leasehold land in Dutamas, Kuala Lumpur, with the acquisition to be completed in the first quarter of 2025. More developments coming soon
2 weeks ago
Hujung tahun adalah musim cuti, jadi Magma punya hotel akan mempunyai perniagaan yg baik
2 weeks ago
Plus now Malaysia so lenient towards the chinese tourists that come here to travel, business sure good lo
2 weeks ago
With this development, Magma is expected to achieve profitability in the next quarter 👍
2 weeks ago
Achieve good profit in the next quarter with the new development a bit unrealistic, I doubt the new development can put to work so fast
1 week ago
Worry less, we will see improvement in the financial performance of this company
1 week ago
yea, the distress should be eased up with all the new government initiatives
1 week ago
Perak attracted 8.4 million tourists throughout 2024. Strongly believe that MAGMA can turn around
https://www.nst.com.my/news/nation/2025/01/1155185/perak-records-84-million-tourists-last-year
1 week ago
Don't expect every stock to keep going up, grow ... Let it flow according to Mr. Market
1 week ago
Magma tarik balik sikit hari ni kerana ada penukaran Preference Shares
https://klse.i3investor.com/web/mktbzz/additional-detail/39302_470806423
1 week ago
Tourist arrivals expected to reach 31 million in 2025, up 15% from an estimated 27 million last year !
https://www.thestar.com.my/business/business-news/2025/01/10/tourist-arrivals-expected-to-reach-31-million-in-2025-on-robust-demand
6 days ago
Great, the probability of turning a profit in the fourth quarter is quite high 💰💰
3 days ago
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CS Tan
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....
mroverlord888
Hotel segment had generated RM6.34 million in revenue, compared to RM2.54 million from Q1.... Magma & tourism are definitely back
2024-09-10 16:07