【SUCCESS 7207 交流专区】前风

peng01

回复 40# 恐慌贪婪
现在不知道，明天meeting后才知道

95023

更新: March 29, 2010 18:27

擬籌1700萬
芙蓉機械工程料5月上市

報導：吳俐瑩
（八打靈再也29日訊）前風變壓器（SUCCESS，7207，主要板工業）子公司芙蓉機械工程（Seremban Engineering）計劃5月中掛牌馬股，並冀從首發股中籌措最多1700萬令吉。

前風變壓器將在明日（30日）召開特別股東大會尋求股東同意，讓芙蓉機械工程上市馬股主要板；一旦獲得通過，公司將在下個月中推介招股書。

芙蓉機械工程執行董事王吇儷接受《中國報》訪問時說，站在管理層角度，上市是為回饋董事、股東、合作夥伴及員工，並讓他們參與及分享公司強勢的成長；站在企業角度，上市有助于加速業務成長與擴充，且集資較方便。

儘管上市籌資所得有一部分用以償還債務，惟她強調，公司負債水平非常低，現有的借貸是屬于短期債務，主要用以添購新機器。

目前，芙蓉機械工程與母公司前風變壓器皆處于淨現金。

在2800萬股中，800萬股將以15配1方式，配售給股東前風變壓器，另外發售350萬股給合格董事和雇員，私下配售1000萬股給土著投資者，剩余650萬股供公眾認購。

芙蓉機械工程董事兼前風變壓器財務經理黃偉雄說：“發售及獻售的2800萬股相等于繳足資本的35%，因此並沒有撥出讓機構投資者申購。”

前風變壓器
專注發展核心業務

前風變壓器認為，芙蓉機械工程掛牌成獨立上市公司后，公司即可專注發展其他核心業務。

黃偉雄說，公司3大收入來源來自于芙蓉機械工程、變壓器及工業照明設備。

“如今隨著芙蓉機械工程上市后（營運較獨立），我們將可更專注于其他兩個核心業務。”

前風變壓器在07年3月1日以1463萬令吉收購芙蓉機械工程60%股權，爾后在08年4月30日收購剩余的40%，2178萬令吉。

這項收購計劃包括芙蓉機械工程需在06財年至09財年，每年給于特定數額的盈利擔保（profit guarantee）。

黃偉雄指出，如07財年需給于540萬令吉的盈利、08財年750萬令吉及09財年900萬令吉，但芙蓉機械工程每年均超越擔保的數額，表現優異。

“我們認為，讓芙蓉機械工程上市釋放股東價值之余，亦讓公眾有機會參與公司的業務成長。”

目前，芙蓉機械工程的總部及工廠設在森美蘭新那旺，並在萬撓興建著另一面積達1.5英畝的廠，料今年末季可竣工。

業績雙位數成長

儘管去年經濟陰霾籠罩，惟芙蓉機械工程的仍持續取得成長，09財年營業額按年揚11%至6900萬令吉，淨利則揚14%至900萬令吉。

芙蓉機械工程主要業務是生產及裝置機械設備如壓縮空氣接受器（unfired pressure vessel）、換熱器（heat exchange）等，甚至包括設計及維修工作。

該公司業務超過50%貢獻來自海外各國，並以涉足種植業、石油化學業、食品加工等。

http://www.chinapress.com.my/con ... mp;art=0330bs10.txt

reality828

我今天排到1.39，百万千万梦想排1.35~1.42，
peng01也排1.42~1.44。。。
单单以今天来讲，1.36那里会高
...
95023 发表于 29-3-2010 10:45 PM

1.44 算高吗。。。 peng01 预料会上到RM1.70。 希望success真的可以啦。。。

95023

回复 43# reality828


    1.44？
各人认为啦。。。
给我就算高咯

到料1.6我就会卖掉我太太的那份
她觉得有1.6就够料喔

念君

果然果然像我说得那样，跌！！！

现在1.35我也不要了，1.25吧可能考虑20000units

xiaoyi1626

昨天進了場就一直掉 =.=

xiaoyi1626

昨天進了場就一直掉 =.=

念君

傻傻地。。。那么高还撞进去

xiaoyi1626

傻都沒辦法, 不買都買了... 難道賣咩...
等囉...

95023

不要紧啦，我等料半年也打算继续再等

念君

应该没有那么惨啦
放心

我打算玩LionCOp有兴趣就一起吧。。。当然不保稳赚。。。
这两天心情好。。。哈哈哈。。

peng01

Written by Fong Min Hun

Tuesday, 30 March 2010 11:15

KUALA LUMPUR: The upcoming listing of Seremban Engineering Bhd (SEB) by its parent company, Success Transformer Corp Bhd, should be a win-win for all involved as both the company and its initial public offering (IPO) have several positives in their favour. According to SEB’s executive director, Penny Wong, the company is looking to raise some RM17 million from its IPO of 28 million new and existing shares, which represent 35% of SEB’s enlarged share capital of 80 million shares. SEB, a wholly owned subsidiary of Success Transformer, will be listed on the Main Market should the shareholders of the parent company approve the flotation at an EGM today. Because the prospectus has not been issued, a rough calculation puts the indicative pricing of the share at about 61 sen apiece. Based on its most recent historical net profit of RM9 million for FY2009, this values the IPO price at about 5.3 times earnings per share (EPS). SEB’s EPS has been on the uptrend over the last five years, growing from about eight sen in 2006 to 15 sen in 2009. However, with the enlarged share capital of 80 million shares, EPS for 2009 dropped to 11.25 sen. Of the 28 million IPO shares, 19.9 million will be new shares while the remaining 8.1 million shares are offer shares for sale by Success Transformer. Based on publicly available numbers, Success Transformer will remain the largest shareholder of SEB post-IPO with some 52 million shares, representing a 65% direct stake in the company. Penny. Photo by Mohd Izwan Mohd Nazam Eight million shares have been allocated to existing Success Transformer shareholders at a ratio of one SEB share for every 15 Success Transformer shares held; 10 million to bumiputera investors; 3.5 million for eligible directors and employees of SEB; and 6.5 million to the general public. The allocation of IPO shares to Success Transformer shareholders is an attractive proposition, and could explain the buildup in Success Transformer’s share price last week. Wong said from the management’s perspective, the IPO would help unlock the value of SEB while granting the company access to cheaper fund-raising options. “The listing will accelerate the growth of our companies by listing a separate entity,” she said. “The company will have access to the capital markets, which makes for more cost-effective capital raising for future expansion and growth.” The majority of the proceeds will go towards capital expansion, debt reduction and working capital, although Wong declined to be more specific. At present, its primary focus is on fabricating equipment for the palm oil business. Wong said the company was also cash positive. SEB had managed to grow both its top and bottom lines last year despite the dismal export environment. Much of the success, Wong said, could be attributed to its cooperation with a Singapore design firm, which acted as the middleman for a significant portion of its orders. In that regard, the point-of-origin (PO) for most of SEB’s orders are local, which means that it is not very exposed to foreign exchange movements. Wong added that the company’s export business had been a more significant contributor to SEB than the domestic business. “For many years, the export contribution has been higher than the local business because there is not as much demand for these types of vessels in Malaysia compared to the overseas market. Our export market is more than 50%, but it is all project dependent,” she said. Wong said SEB was also seeking to increase its direct sales as it has its own in-house design firm. “We have worked with two or three consultants — the work then was very much sufficient to sustain the company. But now that the company has grown much bigger we will explore more direct sales in addition to the existing customers,” she added. Last October, SEB signed a cooperation agreement with Affcom Resources Sdn Bhd, an integrated oil company. Although management did not comment on whether the oil and gas (O&G) segment would come to represent an important part of its business, the agreement signed last year seemed to suggest that the O&G sector would play an important role in SEB’s future. SEB started as a family concern in 1979, specialising in machining automotive parts. It was the subsidiary of Wong Heng Engineering in Seremban, a company belonging to Wong’s grandfather. Still a family concern after the purchase by Success Transformer, the managing director of SEB is Peter Wong, Penny’s brother. Through the years, its businesses have evolved to include specialising in the fabrication of process equipment such as unfired pressure vessels, reactors, heat exchangers, storage tanks and silos. The company was bought over by Success Transformer in 2007 after first taking up a 60% stake in 2006. Success Transformer paid a total of RM36.4 million for SEB. This article appeared in The Edge Financial Daily, March 30, 2010.

xiaoyi1626

Maybank2u account 不可以買IPO對嗎?
暗吊

百万千万梦想

http://www.bursamalaysia.com/web ... uncements/index.jsp

The Restricted Offer entails the restricted offering of 8,000,000 SEB Shares by way of a renounceable restricted offer to the entitled shareholders of STC on the basis of 1 SEB Share for every 15 STC Shares held at 5.00 p.m. on 14 April 2010, at an offer price of RM0.85 per SEB Share payable in full upon application, in conjunction with the listing of SEB on the Main Market of Bursa Malaysia Securities Berhad.

http://announcements.bursamalays ... 3A60DC?OpenDocument

xiaoyi1626

回复 54# 百万千万梦想


    大大, 你對以上文告有何見解?
實不相瞞, 小弟我剛踏入這買賣市場不久...
書讀的不多, 對以上你們所發表的文告還真的看到小弟我一頭霧水...

95023

Important Relevant Dates for Renounceable Rights
Reference No MI-100331-61935  

Submitting Merchant Bank : RHB INVESTMENT BANK BERHAD   
Company Name : SUCCESS TRANSFORMER CORPORATION BERHAD   
Stock Name  : SUCCESS   
Date Announced : 31/03/2010   

Title / Description : Renounceable restricted offering of 8,000,000 ordinary shares of RM0.50 each in Seremban Engineering Berhad (“SEB”) (“SEB Share(s)”) by way of a renounceable restricted offer to the entitled shareholders of Success Transformer Corporation Berhad (“STC”) on the basis of 1 SEB Share for every 15 existing ordinary shares of RM0.50 each in STC (“STC Share(s)”) held at 5.00 p.m. on 14 April 2010, at an offer price of RM0.85 per SEB Share payable in full upon application, in conjunction with the listing of SEB on the Main Market of Bursa Malaysia Securities Berhad (“Restricted Offer”)

Despatch Date : 16/04/2010
Date for commencement of trading of the rights
:  15/04/2010
Date for despatch of abridged prospectus and subscription forms
:  16/04/2010
Date for cessation of trading of  the rights
:  22/04/2010
Date for announcement of final subscription result and basis of allotment of excess Rights Securities
:  03/05/2010
Listing date of the Rights Securities
:  10/05/2010

Last date and time for Date Time
Sale of provisional allotment of rights
: 21/04/2010 at 05:00:00 PM  
Transfer of provisional allotment of rights
: 26/04/2010 at 04:00:00 PM
Acceptance and payment
: 29/04/2010 at 05:00:00 PM
Excess share application and payment
: 29/04/2010 at 05:00:00 PM  


Rights Securities will be listed and quoted as the existing securities of the same class:
No
To specify the entitlement that the holders of the Rights Securities will not be entitled to (if No):
The Restricted Offer entails the restricted offering of 8,000,000 SEB Shares by way of a renounceable restricted offer to the entitled shareholders of STC on the basis of 1 SEB Share for every 15 STC Shares held at 5.00 p.m. on 14 April 2010, at an offer price of RM0.85 per SEB Share payable in full upon application, in conjunction with the listing of SEB on the Main Market of Bursa Malaysia Securities Berhad.

All the Restricted Shares will rank pari passu with the existing ordinary shares of RM0.50 each in SEB and the new SEB Shares to be issued pursuant to the Listing except that they shall not be entitled to any dividends, rights and distributions that may be declared prior to the allotment date of the Restricted Shares.  
Other important dates as the listed issuer may deem appropriate:


   
Remarks
Unless stated otherwise, definitions used in this announcement shall carry the same meaning as defined in the Circular to shareholders dated 15 March 2010 (“Circular”).

Date for despatch of abridged prospectus and subscription forms refers to the date for despatch of the Prospectus in relation to the initial public offering and subscription forms.

The last date and time for the sale of provisional allotment of rights shares with warrants, transfer of provisional allotment of rights shares with warrants, acceptance and payment for rights shares with warrants and excess rights shares with warrants application and payment refers to the last date and time for sale of provisional offer of the Restricted Shares, transfer of provisional offer of the Restricted Shares, acceptance and payment for the Restricted Shares and excess application in respect of the Restricted Shares, respectively.

The applications for the SEB Shares will close on the time and date stated above or such later date or dates as the Directors of SEB, the Sole Underwriter and the Offeror may in their absolute discretion mutually decide.

Should the closing date for the application be extended, the dates for the allotment of the SEB Shares pursuant to the Listing will be extended accordingly. SEB will announce any extension of time for the application for the SEB Shares by way of advertisements in a widely circulated English and Bahasa Malaysia newspaper within Malaysia.

The Prospectus together with the accompanying documents in relation to the initial public offering has not been and will not be made to comply with the laws of any country or jurisdiction other than Malaysia, and has not been and will not be lodged, registered or approved pursuant to or under any applicable securities or equivalent legislation with or by any regulatory authority or other relevant body of any country or jurisdiction other than Malaysia. Hence, the Restricted Offer will not be offered or deemed to be offered for subscription in any country or jurisdiction other than Malaysia.  

http://www.klse.com.my/website/b ... uncements/index.jsp

xiaoyi1626

各位大大...
請問我是Maybank2u Online Stock的
是不是我不能買這SEB??
我是新手 不知道
他們都說M2U的不能買IPO對嗎?
有沒有別的方法?

强者

这支股几时会上呀.........

95023

回复 57# xiaoyi1626


我也是新手，也是不知道。。。
我也有打算要买SEB的，但是我的是nominee a/c
假如真的买不到，可能我会提早卖掉。。。

wowwowwow

千万不要买success，这股“包”跌的，最高是RM1.44，不会再高了，看死这股~~！！