HWANG CAPITAL (MALAYSIA) BERHAD

KLSE (MYR): HWANG (6688)

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Last Price

2.61

Today's Change

0.00 (0.00%)

Day's Change

0.00 - 0.00

Trading Volume

0

Overview

Market Cap

NOSH

Avg Volume (4 weeks)

4 Weeks Range

4 Weeks Price Volatility (%)

%

52 Weeks Range

52 Weeks Price Volatility (%)

%

Previous Close

Open

Bid

Ask

Day's Range

Trading Volume

Financial Highlight

Latest Quarter | Ann. Date

31-Jul-2017 [#4] | 11-Sep-2017

Next QR | Est. Ann. Date

31-Oct-2017 | 24-Nov-2017

T4Q P/E | EY

18.61 | 5.37%

T4Q DY | Payout %

0.00% | 0.00%

T4Q NAPS | P/NAPS

3.40 | 0.77

T4Q NP Margin | ROE

63.93% | 4.12%

Market Buzz
News and Blogs

No result.

Company Profile

Sector: FINANCIAL SERVICES

Sector: FINANCIAL SERVICES

Subsector: BANKING

Subsector: BANKING

Description:

Hwang-Dbs (Malaysia) Berhad is an investment holding company. It provides a range of investment and commercial banking, stockbroking, futures broking, management of unit trust funds and provision of fund management services, moneylending and the provision of related financial services. The Company also operates a commercial bank in Cambodia. The Company operates in six segments: stockbroking, which is engaged in stockbroking, share margin financing and dealing in securities; investment banking, which is engaged in debt capital markets, corporate banking, corporate finance advisory, equity capital market services and treasury and market activities; commercial banking, which is engaged in commercial banking activities; investment management, which is engaged in management of unit trust funds and provision of fund management services; moneylending, which is engaged in moneylending activities, and others include investment holding and other non-core operations of the Company.

Discussions
4 people like this. Showing 50 of 664 comments

kaikai

For the benefit of all, you can decide whether to accept or not to accept on the 20th July. The Joint Offerors shall announce any revision of extension of offer at least 2 days before the closing date - which falls on the 21st July.

2016-07-12 12:26

Hk Wong

revise offer

2016-07-14 15:54

Desimondo

i wont accept such a peasant amount for this, please revise offer. I have been a long term shareholder!

2016-07-14 20:13

George Wong

When the payment will be send to those who had submitted the shares to the receiver?

2016-07-18 15:46

asdf

George

10 days after the first closing or after it becomes unconditional.
This was stated in their letter of offer.

2016-07-19 01:25

nnMM

kaikai.....when is the offer revision?

2016-07-20 12:06

firehawk

probably no offer revision!

2016-07-20 15:28

15% to 20%

Thanks Kai Kai for the info. But i would want to make it clearer on the 90%, it is not just hold more than 90%, it is the acceptance rate 90% (excluding offeror shares)..... . . . .


kaikai wisdow + hw0706 : if Hwang family holds 50+ percent and the company get delisted due to insufficient public shareholding spread . It would make their control over the company more difficult when it's a private company. "Compulsory Acquisition" in your terms can only be executed if Hwang's family shareholdings surpass 90%. Please read the offer document before commenting and confusing investors here.
05/07/2016 11:23


===========
In the event the Joint Offerors receive valid acceptances of not less than 9/10 in the nominal value of the Offer Shares (EXCLUDING EXCLUDING EXCLUDING EXCLUDING EXCLUDING EXCLUDING EXCLUDING EXCLUDING EXCLUDING EXCLUDING EXCLUDING EXCLUDING EXCLUDING EXCLUDING HCM Shares already held by the Joint Offerors and the PACs at the date of the Offer), the Joint Offerors intend to invoke the provisions of Section 222(1) of
the CMSA, subject to Section 224 of the CMSA, to compulsorily acquire any remaining Offer Shares for which valid acceptances have not been received prior to the Closing Date.

==============


Info: Based on annual report. DBS Vickers Securities (Malaysia) Pte Ltd 60,000,000 23.51%

2016-07-20 16:05

nnMM

As the public shareholding spread of HCM is less than 10% of its total listed shares (excluding treasury shares), pursuant to Paragraph 16.02(2) of the Listing Requirements, Bursa Securities shall suspend the trading of the securities of HCM immediately upon the expiry of 30 market days from the date of this announcement. The suspension will be effected on 2 September 2016, being the market day immediately following the expiry of 30 market days from the date of this announcement.


Once the suspension pursuant to Paragraph 16.02(2) of the Listing Requirements is effected, it will only be uplifted by Bursa Securities upon full compliance with the public shareholding spread requirement, where HCM must ensure that at least 25% of its total listed shares (excluding treasury shares) are in the hands of public shareholders, or as may be determined by Bursa Securities.

As of the date of this announcement, HCM has not taken any steps to increase its public shareholding spread to above 10% and neither has it formulated any rectification plan. Further, as stated in the Offer Document dated 13 June 2016, the Joint Offerors do not intend to maintain the listing status of HCM and do not intend to take any steps to address the shortfall in the public shareholding spread requirement of HCM.

2016-07-20 19:22

nnMM

suspension of trading....

2016-07-20 19:31

Ordinaryman

What is DBS doing?

2016-07-20 21:44

Liek Lim

What would be happen and what are the options for those minority shareholders who still holding the shares?

2016-07-21 00:56

wisdow_wy

indeed very literate

2016-07-21 09:19

asdf

Liek Lim,
They become shareholders of a private company.

2016-07-21 11:22

nnMM

yup.......haiz ....i miss out the chance to receive RM2.65 cash.....

2016-07-21 11:28

Liek Lim

Thanks asdf!

2016-07-21 11:57

wisdow_wy

Thanks kaikai! very valuable lesson for illiterate normal person like me. i learn a lot from you.

2016-07-21 13:43

kaikai

IMPORTANT : For those who still want to accept you have until today (till 5pm) to complete the Bursa Depository Transfer Form (FTF010) at your ADA (your stockbroking house) and you can submit/courier the acceptance form to Agriteum Share Registration Services Sdn Bhd in 7 Days.
Address is 2nd Flr, Wisma Penang Garden, 42, Jalan Sultan Ahmad Shah 10050 Penang.

2016-07-21 14:46

firehawk

seemed DBS doesn't accept the offer!

2016-07-21 22:26

wisdow_wy

yes. dbs doesn't accept but still does not change the fact that those "who choose not to accept or sell" will be holding unlisted shares after 2nd of September.

2016-07-22 09:13

asdf

Asking price is now lower than 2.65

2016-07-22 09:33

ganasai

no need worry, company is still not private. they still need to publish out any announcement, and the agm still as usual. They cannot decide any big decision such as sell off asset or new business path.... alone, because this still need the vote from other holders such as dbs. They cannot treat the money as private. They still need to declare dividend fairly for every share holders if got dividend. In other words, they still not fully control the company. If want fully, please come out another offer price.

2016-07-22 12:53

hw0706

not so soon and will end up with unlisted share

2016-07-22 16:06

ganasai

then see this family when want to full control. they take up so many shares also need money. but still not fully control. u can imagine, the situation now for them also same like last time. share got increase, but still not able full control. they cannot do what they want.

2016-07-22 16:34

ganasai

if take up now is 6x% means still got 4x% not satisfy (just major is not public holder) or not agree current offer. Let see the show.

2016-07-22 16:41

firehawk

stingy ppl want to take advantages from small shareholders :(

2016-07-22 16:42

nnMM

dbs willing to go private together with hwang family. they have been working together for 20 years and part of the IB success is because of dbs. they won't go hostile with hwang family.

2016-07-22 16:48

nnMM

this take over offer was well planned and strategized.

2016-07-22 16:50

nnMM

in fact dbs has board representative in hwang cap. if they want to make noise they already made earlier.....haizzzzzzzz....what to do...small shareholders :(

2016-07-22 17:00

ganasai

let see the good show lah. dbs is Singapore very well known organization. if they accept offer, they will follow on reasonable price and let the whole process visible to public. wont be diam diam private together.

2016-07-22 17:30

ganasai

besides, do u think family got enough cash to absorb the share or just using loan? how about using loan but still not fully control company? then how to pay back is using loan? use your brain.

2016-07-22 17:34

ganasai

those sell on 2.4, really.......

2016-07-22 17:36

ganasai

one word, stock market really tricky. Who can see the clear picture, he/she is the winner. Of course timing also an issue. u can hold how long, longer u can earn more.

2016-07-22 17:44

nnMM

not everyone can hold unlisted shares for long. what if they need cash?

2016-07-22 17:58

ganasai

This is question, for those use margin, then sorry lah. 2.65 price, then accept loh. different people, got different situation, as long as u still earn then ok loh. accept or not accept, justify yourself.

2016-07-22 18:04

nnMM

the family received RM2.625 cash dividend from 2014 until 2015 on their 30%++ shares. So meaning that the 34% they bought now can be paid using cash. They can easily do so by just reinvesting their dividend.

2016-07-22 18:04

nnMM

i am using my brain :)

2016-07-22 18:06

asdf

Keep watching till early Sept

2016-07-26 12:17

nnMM

square one

2016-07-27 14:46

asdf

Count down started

2016-08-29 12:15

nnMM

where's the good show talking about?

2016-09-01 13:02

Desimondo

hwang bought back my share

2016-09-02 10:02

nnMM

not waiting for the good show?

2016-09-02 10:45

Teh_Invest

What's the expectation?

2016-09-03 00:42

Teh_Invest

Anyone holding this share still? What can be expected?

2016-09-26 18:27

asdf

http://www.enanyang.my/news/20161011/%E4%B8%A4%E5%B8%AE%E8%82%A1%E4%B8%9C%E4%B8%8D%E6%94%BE%E6%89%8Bbr-%E9%BB%84%E6%B0%8F%E8%B5%84%E6%9C%AC%E7%A7%81%E6%9C%89%E5%8C%96%E6%96%99%E9%99%B7%E5%83%B5%E5%B1%80/

两帮股东不放手
黄氏资本私有化料陷僵局
152点看 2016年10月11日
(吉隆坡10日讯)黄氏家族私有化黄氏资本(HWANG,6688,主板金融股)的部署,可能已经陷入僵局。

无条件献购的截至日期7月21日已过,但是仍有两帮大股东持有黄氏资本34.67%股权。

当中持股27.67%的是新加坡的星展集团,以及一班持股7%的股东群。

根据《星报》报道,唯两帮投资者都拒绝接受黄氏家族的献购,导致私有化行动可能会告吹。

目前让大家最关注的是,黄氏家族是否会提高原先每股2.65令吉或总值4亿6900万令吉的献购价,还是以派息方式吸引两班投资者脱售股权。

黄氏家族需购35%股权

黄氏家族必须想办法,收购两帮投资者约35%股权,否则就无法透过私有化黄氏资本,并释放其业务的价值。

根据条例,如果黄氏资本现在或未来几个月内提高献购价,其他早前已接受献购的股东,也必须享有同等的价格。

此外,如果黄氏资本真的提出新的献购,该活动必须在原先献购截至日期结束的6个月后。

一名商业银行家表示:“如果黄氏家族提高每股献购价格,那将是一笔不小的成本。但是他们可以选择运用派息的方式。”

黄氏资本是在今年5月23日,接获主席黄立德提出收购献议,当天股价劲扬18.55%,逼近每股2.65令吉的献购价。

黄立德连同Hwang Enterprises私人有限公司(简称HESB),出价每股2.65令吉,献购所有还未持有的黄氏资本股权。

一旦完成这项私有化活动,联合收购方无意维持公司的上市地位。

每股2.65令吉的献购价,相等于黄氏资本5天至6个月交易量加权均价(VWAP)的溢价16.74%至21%。

截至5月20日,联合收购方共持有黄氏资本7806万2119股,相等于30.59%股权。

2016-10-11 16:36

Hippo Buy Signal

Got dividend

2016-11-01 21:31

smartInvestor1

7/4/2014 脱售产业 目前业务是金钱借贷和产业租借

2017-01-22 16:06

firehawk

guys, doesn't an new offer @2.94?

why no one talk about this?

2017-07-07 17:45

Teh_Invest

Is everyone entitled? Forced offer?

2017-11-02 16:57

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