HIAP TECK VENTURE BHD

KLSE (MYR): HIAPTEK (5072)

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

Last Price

0.325

Today's Change

-0.005 (1.52%)

Day's Change

0.325 - 0.335

Trading Volume

592,200


16 people like this.

17,727 comment(s). Last comment by Income 9 hours ago

OTB

11,523 posts

Posted by OTB > 2021-11-12 10:19 |

Post removed.Why?

CITADEL

1,867 posts

Posted by CITADEL > 2021-11-12 10:23 | Report Abuse

buy low sell high lor

Posted by Investor 999 > 2021-11-12 11:05 | Report Abuse

裝天真,太噁心了!

Russel

546 posts

Posted by Russel > 2021-11-12 11:08 | Report Abuse

OTB facts and figures based argument make sense, readers need this kind of reference to do their own homeworks...Keep posting OTB, readers will make more informed decision instead of scare.

UlarSawa

35,552 posts

Posted by UlarSawa > 2021-11-12 11:12 | Report Abuse

Fact and Figures also need to cutwin leh. Now is KFC trend leh. See KFC no more already talk Facts and Figures also empty stomach leh. Better follow Sifu Colgate KFC method lah. Eat KFC everyday also not bad lah. Correct?

Russel

546 posts

Posted by Russel > 2021-11-12 11:41 | Report Abuse

Its either win big or eat KFC Kari Atuk

Johnchew6

421 posts

Posted by Johnchew6 > 2021-11-12 11:58 |

Post removed.Why?

takaje

221 posts

Posted by takaje > 2021-11-12 11:59 | Report Abuse

Boss says wait until next qr, can eat empurau, or siakap at least.

Johnchew6

421 posts

Posted by Johnchew6 > 2021-11-12 11:59 |

Post removed.Why?

Johnchew6

421 posts

Posted by Johnchew6 > 2021-11-12 12:03 |

Post removed.Why?

Johnchew6

421 posts

Posted by Johnchew6 > 2021-11-12 12:06 |

Post removed.Why?

Johnchew6

421 posts

Posted by Johnchew6 > 2021-11-12 12:07 |

Post removed.Why?

Johnchew6

421 posts

Posted by Johnchew6 > 2021-11-12 12:07 |

Post removed.Why?

Johnchew6

421 posts

Posted by Johnchew6 > 2021-11-12 12:12 | Report Abuse

Or ppl said otakk caccingg kah ???

takaje

221 posts

Posted by takaje > 2021-11-12 12:12 | Report Abuse

OK lah u eat KFC lah. I follow big bosses target empurau. If cannot, I retarget siakap. KFC too much trans fat. Bad for heart.

Johnchew6

421 posts

Posted by Johnchew6 > 2021-11-12 12:17 |

Post removed.Why?

Johnchew6

421 posts

Posted by Johnchew6 > 2021-11-12 12:19 |

Post removed.Why?

UlarSawa

35,552 posts

Posted by UlarSawa > 2021-11-12 12:19 | Report Abuse

Mari Mari. Join the KFC team promosi. Many Many members are welcome to join KFC team now. KFC theme in slogan Makan KFC sampai Jilat Jari. Siapa cepat siapa dapat kfc. Lama sikit tinggal tulang only. The best is makan KFC sampai limit up all the way. No worry No Scary No sleepless Nite. Very easy easy. Correct?

Johnchew6

421 posts

Posted by Johnchew6 > 2021-11-12 12:20 |

Post removed.Why?

Johnchew6

421 posts

Posted by Johnchew6 > 2021-11-12 12:21 |

Post removed.Why?

Johnchew6

421 posts

Posted by Johnchew6 > 2021-11-12 12:23 |

Post removed.Why?

Johnchew6

421 posts

Posted by Johnchew6 > 2021-11-12 12:24 |

Post removed.Why?

Johnchew6

421 posts

Posted by Johnchew6 > 2021-11-12 12:31 |

Post removed.Why?

Johnchew6

421 posts

Posted by Johnchew6 > 2021-11-12 12:32 |

Post removed.Why?

Johnchew6

421 posts

Posted by Johnchew6 > 2021-11-12 12:34 |

Post removed.Why?

Johnchew6

421 posts

Posted by Johnchew6 > 2021-11-12 12:35 |

Post removed.Why?

UlarSawa

35,552 posts

Posted by UlarSawa > 2021-11-12 12:51 | Report Abuse

Jelas ke. Kfc team makan kfc. Correct?

takaje

221 posts

Posted by takaje > 2021-11-12 12:51 | Report Abuse

paktua73 said he didn't come this far to just come this far. I follow bosses catch big fish. lol

https://www.youtube.com/watch?v=D53m7CJ7wYI

neWbie606

121 posts

Posted by neWbie606 > 2021-11-12 12:54 | Report Abuse

LoL...

MoneyMakers

7,647 posts

Posted by MoneyMakers > 2021-11-12 13:12 | Report Abuse

Last pump 4 sharks to exit b4 bigger dump

Too overvalued after steel price crash (back to feb level)

Hilmi22

102 posts

Posted by Hilmi22 > 2021-11-12 14:47 |

Post removed.Why?

OTB

11,523 posts

Posted by OTB > 2021-11-12 14:50 |

Post removed.Why?

MoneyMakers

7,647 posts

Posted by MoneyMakers > 2021-11-12 14:57 | Report Abuse

Commodity alrdy crash..fundamentals flush down toilet

Historically only 30sen at current steel price

Posted by winwin88888888 > 2021-11-12 15:51 | Report Abuse

Go see engtex lah~ better~ told u guys to grab some and keep ~ no one hear~ such a waste haha

HuatRex

2,617 posts

Posted by HuatRex > 2021-11-12 16:02 | Report Abuse

Look at SSTEEL then you will know whether the good QR already reflect in the share price or not. Not excitement even after the good QR released. Share price is running 6 months ahead.

Hilmi22

102 posts

Posted by Hilmi22 > 2021-11-12 16:15 |

Post removed.Why?

Johnchew6

421 posts

Posted by Johnchew6 > 2021-11-12 16:16 |

Post removed.Why?

Johnchew6

421 posts

Posted by Johnchew6 > 2021-11-12 16:19 |

Post removed.Why?

MoneyMakers

7,647 posts

Posted by MoneyMakers > 2021-11-12 16:34 | Report Abuse

Alrdy see systematic selloff in AYS @ sharks dumping

Hiaptek turn nxt week..too overvalued

takaje

221 posts

Posted by takaje > 2021-11-12 16:38 | Report Abuse

MoneyMakers, aiyo still same story ah? Keep posting in Hiaptek and Supermx only telling same stories almost every hour. If u're so good, which stocks u own? I buy some.

takaje

221 posts

Posted by takaje > 2021-11-12 16:42 | Report Abuse

I see also sien u keep saying Hiaptek goes down, but never say which stock go up. Every monkey also can say which stock goes down. 365 days sure 1 day kena.

MoneyMakers

7,647 posts

Posted by MoneyMakers > 2021-11-12 17:04 | Report Abuse

Aiyaa takaje every monkey can see commodity crash..but not u

MoneyMakers

7,647 posts

Posted by MoneyMakers > 2021-11-12 17:05 | Report Abuse

Stuck boring range + super low volume..pump over..should see huge dump nxt week

Tobby

7,397 posts

Posted by Tobby > 2021-11-12 17:54 | Report Abuse

Divvy should be announced next week!

Johnchew6

421 posts

Posted by Johnchew6 > 2021-11-12 19:18 |

Post removed.Why?

Johnchew6

421 posts

Posted by Johnchew6 > 2021-11-12 19:20 |

Post removed.Why?

Johnchew6

421 posts

Posted by Johnchew6 > 2021-11-12 19:22 |

Post removed.Why?

Johnchew6

421 posts

Posted by Johnchew6 > 2021-11-12 19:22 | Report Abuse

Be a good mom ..

neWbie606

121 posts

Posted by neWbie606 > 2021-11-12 23:00 | Report Abuse

LoL...

mrbusiness

206 posts

Posted by mrbusiness > 2021-11-13 10:01 | Report Abuse

Hiap Teck Venture in expansion mode
theedgemarkets.com

November 13, 2021 09:02 am +08

Wai Cheong says the capital injection by Shanxi Jianlong was very timely as ESSB had gained a strong foothold in the local steel industry and was ready to embark on a RM3 billion expansion, involving a venture into the hot rolled coil (HRC) business.

-A+A
KUALA LUMPUR (Nov 13): After a 10-year wait, Main Market-listed Hiap Teck Venture Bhd, controlled by tycoon Tan Sri David Law Tien Seng, is finally reaping the fruits of its investment in Eastern Steel Sdn Bhd (ESSB), which operates a fully-integrated blast furnace steel plant in Kemaman, Terengganu.

The construction of ESSB’s Kemaman plant started in 2011 before its dry run in 2014, followed by the commencement of production in January 2015.

Unfortunately, in October 2015, ESSB’s operations were suspended to minimise losses due to difficult market conditions at the time, caused by the influx of cheap imports from China that started in 2013.

The breakthrough came in 2018, when Hiap Teck successfully roped in Shanxi Jianlong Industry Co Ltd as a new strategic partner of ESSB.

Shanxi Jianlong, whose parent Beijing Jianlong Heavy Industry Group Co Ltd is a Fortune Global 500 company and one of the top five steel makers in China, acquired a controlling stake of 60% in ESSB and resumed steel production within a short period of half a year.

Notably, Hiap Teck last Monday announced that Shanxi Jianlong had injected cash of 500 million yuan (about RM325.6 million) into ESSB, and therefore raised its stake in the company to 68.8%.

Consequently, Hiap Teck’s shareholding in ESSB was diluted from 35% to 27.3%, while Chinaco Investment Pte Ltd’s stake was cut from 5% to 3.9%.

In an exclusive interview with The Edge, Hiap Teck executive director Law Wai Cheong, who is Tien Seng’s son, said the capital injection by Shanxi Jianlong was very timely as ESSB had gained a strong foothold in the local steel industry and was ready to embark on a RM3 billion expansion, involving a venture into the hot rolled coil (HRC) business.

Wai Cheong also spelled out Tien Seng’s ambitious plans in rebuilding his mining empire in Australia.

To recap, after selling his stake in Australian iron ore miner Midwest Corp Ltd to China’s Sinosteel Corp at the peak of the commodity boom in 2008 — pocketing a whopping profit of A$200 million — Tien Seng returned to Australia by investing in Tungsten Mining NL (TGN) in 2014.

Today, he controls at least three Australian-listed mining companies, namely iron ore miner GWR Group Ltd, tungsten miner TGN and gold miner Western Gold Resources Ltd.

Meanwhile, it has not gone unnoticed that most steel stocks on Bursa Malaysia, which saw their prices peak in May this year, have since retreated from their mid-year highs, some with more than half of their gains erased.

The Edge compares the performance of Hiap Teck against some major steel players including Ann Joo Resources Bhd, Southern Steel Bhd, CSC Steel Holdings Bhd and Leon Fuat Bhd.

https://www.theedgemarkets.com/article/hiap-teck-venture-expansion-mode

Post a Comment