IRM GROUP BHD

KLSE (MYR): IRMGRP (7220)

You're accessing 15 mins delay data. Turn on live stream now to enjoy real-time data!

Last Price

0.00

Today's Change

0.00 (0.00%)

Day's Change

0.00 - 0.00

Trading Volume

0

Profile
IRM GROUP BHD

Exchange:  Bursa Malaysia Bursa Malaysia

Country Code:  MY MY

Currency:  MYR MYR

Sector:  INDUSTRIAL PRODUCTS & SERVICES INDUSTRIAL PRODUCTS & SERVICES

Subsector:  CHEMICALS CHEMICALS

Index Group: 

Category: 

Syariah Flag:  No No

Short Sell Flag:  No No

IDSS Flag:  No No

Description

IRM Group Berhad (IRMGB) is a Malaysia-based investment holding company. The Company, through its subsidiaries, operates in two segments: polyvinyl chloride (PVC) raw materials, which include the manufacture of PVC resins and compounds, and investment holding. Its subsidiaries are Industrial Resins (Malaysia) Sdn. Bhd., which is engaged in the manufacture and sale of PVC resins and compounds; Beta Network Sdn. Bhd., which is engaged in manufacturing and sale of plastic products; Better Scope Sdn. Bhd.; Sepadu Impresif Engineering Sdn. Bhd. and IRM Compounds Sdn. Bhd. On September 27, 2011, the Company acquired IRM Solar Sdn. Bhd.

Address
Discussions
1 person likes this. Showing 50 of 313 comments

poohboy

Wui ya...definitive agreement extended again to 11 Apr!!!...

2014-03-25 18:46

poohboy

2 weeks + 2 weeks extension. Looks like serious negotiation. But still, risk is there. IRM mgmt + substantial shareholders better give in all terms demanded by PASB!!! Get the ball rolling!

2014-03-25 18:48

poohboy

low volume again

2014-03-26 17:23

member41

Ball in whose court? Pasb or irm? Delay so long to sign a paper. Sigh. Better be worth.

2014-03-27 23:07

poohboy

Don't know why a simple (zero-debt) shell company take so long to enter a RTO deal...

2014-03-28 18:34

member41

Worse is after all the waiting the deal may fall through

2014-04-01 07:42

poohboy

Ya waiting for the deal to go through

2014-04-01 14:25

member41

Wil deal announce tomorrow 11/4?

2014-04-10 15:20

Chai Yeong Yong

hopefully the deal don't defer anymore.

2014-04-10 15:47

GTMS

they got time till Jun !

2014-04-11 15:14

member41

Havent announce yet... maybe tonight... time running out le

2014-04-11 19:42

member41

No news. Extend again???

2014-04-12 00:54

member41

Walao extend to 30/4/14. Can they get regularization plan out in time?

2014-04-14 23:58

member41

Anyone guess whether deal sign on 30th? Or extend ? Or no deal? 33% chance either way.

2014-04-18 18:13

member41

Announcement Details/Table Section

Unless otherwise stated, abbreviations and definitions used throughout this announcement shall be the same as those in the circular to shareholders of IRM dated 15 January 2014 in relation to the Proposed Disposals.
We refer to the announcements made by the Company on 9 December 2013 and 30 January 2014 in relation to Proposed Disposal of Chemical Storage Terminal.


On behalf of the Board of IRM, KAF Investment wishes to announce that on 16 April 2014, by way of an exchange of letter, IRMSB and PolymerLatex has agreed to proceed with the completion of the Proposed Disposal of Chemical Storage Terminal.


Please refer to the attachment for details of the announcement.

This announcement is dated 21 April 2014.

http://www.bursamalaysia.com/market/listed-companies/company-announcements/1599325

2014-04-21 22:03

member41

Wanna bet they delay again today? Haha

2014-04-30 15:40

member41

Extend to 7/5 again. But one wk only. End is near.

2014-04-30 22:05

GTMS

not much diff..

2014-05-07 10:42

eu7985

So 0.115 is bottom d?

2014-05-15 13:05

eu7985

It's regularisation plan out, price fall, keep one eye on this ctr, c what price can enter

2014-05-15 13:12

member41

10-11 seem quite safe. How is permintex business overall?

2014-05-16 10:05

eu7985

No news at this moment, that y share price fall?

2014-05-16 13:49

member41

Will bursa allow extension of regularisation plan submission? Irm just filed a request for extension. Due end of this mth.

2014-05-16 22:17

member41

On behalf of the Board of Directors of IRM, KAF Investment is pleased to announce that Bursa Securities had, vide its letter dated 3 June 2014, granted an extension of time up to 31 August 2014 (“Extended Timeframe”) for the Company to submit its regularisation plan to the SC.


The extension of time is without prejudice to Bursa Securities’ right to proceed to suspend the trading of the securities of the Company and to de-list the Company in the event:-

(i) the Company fails to submit the regularisation plan to SC within the Extended Timeframe;

(ii) the Company fails to obtain the approval from any of the regulatory authorities necessary for the implementation of its regularisation plan; and

(iii) the Company fails to implement its regularisation plan within the timeframe or extended timeframe stipulated by any regulatory authorities.



This announcement is dated 3 June 2014.

2014-06-03 23:32

member41

Announcement Details/Table Section

Unless otherwise stated, abbreviations and definitions used throughout this announcement shall be the same as those announced in the Requisite Announcement on 8 May 2014.

We refer to announcements made by the Company on 8 May 2014 and 3 October 2014 in relation to the Requisite Announcement and the supplementary agreement to the Conditional SSA dated 3 October 2014 (“First Supplementary Agreement”) in respect of the Proposed Regularisation Plan. Reference is also made to announcements by KAF Investment, on behalf of the Company on 16 May 2014, 3 June 2014, 14 August 2014, 3 September 2014, 3 October 2014 and 7 October 2014 respectively, in relation to the Proposed Regularisation Plan.

On behalf of the Board of IRM, KAF Investment wishes to announce that the Company had on 31 October 2014, entered into a second supplementary agreement to vary certain terms of the Conditional SSA and the First Supplemental Agreement (“Second Supplementary Agreement”).

Please refer to the attached file for further details on the announcement.

This announcement is dated 31 October 2014.

http://www.bursamalaysia.com/market/listed-companies/company-announcements/1782853

2014-10-31 23:34

member41

Engine start today

2014-11-17 10:10

Yunnan

Yes, hope it can last, not one day affair

2014-11-17 17:57

member41

Is yesterday movement a fluke? Big shots exiting

2014-11-18 13:16

Meli wang

What happen today

2014-11-19 10:46

member41

Will it delisted on 19th?

2014-12-17 15:30

member41

Waiting white knight come.

2014-12-22 14:39

ketupatlazat

behold, the next famous penny stock~~~~

2015-01-09 16:34

member41

Its coming

2015-01-09 17:46

Monde

IRM GROUP BERHAD ("IRMGRP" or "the Company") has failed to submit its regularisation plan to Bursa Malaysia Securities Berhad (Bursa Securities) for approval within the timeframe stipulated under paragraph 8.04(3)(a)(i) of the Bursa Securities Main Market Listing Requirements (Main LR) and the Company’s application for a further extension of time to submit its regularisation plan has been rejected by Bursa Securities.

In the circumstances and pursuant to paragraph 8.04(5) of the Main LR:-

(a) the trading in the securities of the Company will be suspended with effect from 11 February 2015; and
(b) the securities of the Company will be de-listed on 13 February 2015 unless an appeal against the de-listing is submitted to Bursa Securities on or before 10 February 2015 ("the Appeal Timeframe"). Any appeal submitted after the Appeal Timeframe will not be considered by Bursa Securities.

2015-01-30 20:02

themazetrader

Trading Idea : Don't miss this troubled counter, easily double.
May get higher or average price of withdrawal if they delisted.

2015-02-05 10:47

themazetrader

Post removed.Why?

2015-02-05 11:06

tanseah

delist confirm. pls sell

2015-02-05 11:39

tanseah

thanks who bought mine at 0.015. byeeeeeeee

2015-02-05 11:42

themazetrader

It's so hard to list an IPO nowadays, I think they will pass up the it's regularisation plan.

2015-02-05 11:44

member41

dumped it few weeks back... any chance it revive? Its a clean shell for RTO. Don't know why no takers.

2015-02-05 13:28

murali

They sold plant they sold land to settle their debts....now just die let that??

2015-02-05 13:34

themazetrader

Post removed.Why?

2015-02-05 14:27

member41

Those guy buy at 1sen yday sell 2sen today smart 100% gain

2015-02-06 15:39

cn21

Under the proposed capital deduction (Proposed Regularisation Plan), the share is only valued 1 sen.....please check the company announcement for the detailed proposal.....Thus, even 2sen is overvalued.....please check before investment...

2015-02-10 13:20

cn21

Be careful.....there is a BIG risk that the company will be de-listed.....

2015-02-10 13:21

cn21

Buy at your own RISK!!!!!

2015-02-10 13:22

member41

all hoping for last ditch resurrection

2015-02-10 13:50

zeus99

not worth it......

2016-03-19 00:33

Post a Comment