Posted by kingb > 2020-01-06 17:14 | Report Abuse

First stop: https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3014045

Posted by Miz Raya Bloom > 2020-01-07 09:41 | Report Abuse

BUY MAMEE!

Posted by kingb > 2020-01-07 10:08 | Report Abuse

People are forgetful.

Posted by Miz Raya Bloom > 2020-01-07 10:34 | Report Abuse

MAMEE SAN!

Posted by joyvest > 2020-01-07 10:45 | Report Abuse

what the hell is going on ??

Posted by joyvest > 2020-01-07 10:45 | Report Abuse

cum babe cum .............

Posted by Miz Raya Bloom > 2020-01-07 10:54 | Report Abuse

MAMEE SAN!

Posted by Miz Raya Bloom > 2020-01-07 11:26 | Report Abuse

mana pang?

Posted by paulthesotong > 2020-01-07 11:41 | Report Abuse

Mamee ask for 25 is 75 well below the co net asset 97 as at 30 sept 2019. The mino shlds are not favour of this mgo and n ask for more recent intrinsic value.

Posted by joyvest > 2020-01-07 11:55 | Report Abuse

heavy road block ahead ......any agenda ???

Posted by Miz Raya Bloom > 2020-01-07 15:34 | Report Abuse

i think this counter time to move above 50 cent

Posted by Miz Raya Bloom > 2020-01-07 16:08 | Report Abuse

MAMEE SAN!

Posted by joyvest > 2020-01-07 16:55 | Report Abuse

heavy road block to 50C

Posted by Miz Raya Bloom > 2020-01-08 18:08 | Report Abuse

apala US IRAN gaduh mana ada kena mengena dengan KHEESAN dan MAMEE kikiki

Posted by Miz Raya Bloom > 2020-01-09 09:33 | Report Abuse

hijau C'MON MAMEE SAN

Posted by Miz Raya Bloom > 2020-01-09 09:44 | Report Abuse

Dec 4 2019 - Mamee-Double Decker buys into cash-strapped Khee San
KUALA LUMPUR: Snack manufacturer Mamee-Double Decker (M) Sdn Bhd, which was once listed on Bursa Malaysia, is buying into financially strapped Khee San Bhd through share placement, which will be followed by a cash call.

Mamee-Double Decker intends to take up 94 million new shares, representing about 45.11% of the candy manufacturer’s enlarged issued capital, at 25 sen each. Consequently, it will be obliged to extend a mandatory general offer (MGO) for the remaining Khee San shares that Mamee-Double Decker has not already held.

It should be noted that Mamee Double-Decker intends to maintain the listing status of Khee San upon completion of the MGO.

Khee San also cautioned shareholders that the MGO will only be triggered upon the subscription agreement being declared unconditional as approvals are required for the massive share placement.

Khee San’s share price closed at 30.5 sen on Monday before the announcement. The penny stock climbed nearly 20% after the news on the emergence of a new shareholder who is expected to pump in fresh capital. It closed at 36.5 sen yesterday, valuing the company at a market capitalisation of RM34.89 million.

Upon completion of the share placement to Mamee-Double Decker, Khee San said in a filing with Bursa Malaysia that it will undertake a one-for-one renounceable rights issue of 208.4 million new Khee San shares at an indicative 18 sen each.

According to Khee San, the candy maker had on Monday entered into a subscription agreement with Mamee-Double Decker for the private placement of the 94 million new shares.

Based on the subscription price of 25 sen per share plus the rights issue at the indicative issue price of 18 sen each, Khee San is expected to raise RM61 million fresh capital.

Johor-based Khee San revealed that the fresh capital would be used to reduce its debt and finance its working capital needs.

Khee San is principally involved in the manufacturing of candy and wafer product with key brands being Fruitplus range of chewy candies and Torrone Barley Mint hard candies. Meanwhile, Mamee-Double Decker is an established household name in the food and beverage industry, serving over 50 products such as MAMEE Monster snack, Mister Potato Chips, and MAMEE Chef in over 100 countries worldwide.

“Following Mamee-Double Decker’s entry as the controlling shareholder of Khee San, strategic benefits are expected to be derived in view that both groups have established brands in the food and beverage industry, serving different market segments.

“As such, Khee San group and Mamee-Double Decker may potentially leverage on each other’s extensive network of suppliers, distributors and customers to market their respective products, thereby increasing their market presence,” said Khee San in the filing.

“Barring any unforeseen circumstances and subject to all required approvals being obtained, the proposals are expected to be completed in the first half of 2020,” Khee San said.

UOB Kay Hian Securities (M) Sdn Bhd has been appointed adviser for the proposed share placement and rights issue. UOB Kay Hian is also the agent for the placement of the 94 million new shares in Khee San to Mamee-Double Decker.

Newfields Advisors Sdn Bhd has been appointed Mamee-Double Decker’s financial adviser for the share placement.

Posted by joyvest > 2020-01-09 11:30 | Report Abuse

what the hell is going on ?

Posted by Miz Raya Bloom > 2020-01-09 14:39 | Report Abuse

i think kheesan happy2 like in heaven all things beautiful kikiki

Posted by Deenkareem > 2020-01-10 09:24 | Report Abuse

Another limit up coming?

Posted by CUTLOST > 2020-01-10 09:28 | Report Abuse

Today gonna eat char kueh teow seafood special

Posted by nicholai1983 > 2020-01-10 09:35 | Report Abuse

45 sen very kacau...........

Posted by nicholai1983 > 2020-01-10 09:36 | Report Abuse

hope go up to 52 sen lor for today

Posted by Deenkareem > 2020-01-10 09:36 | Report Abuse

What will the MGO price be? Stock NTA is 0.96.

Posted by Miz Raya Bloom > 2020-01-10 09:56 | Report Abuse

ku harap before lunch boleh pergi 50 sen

Posted by nicholai1983 > 2020-01-10 10:35 | Report Abuse

stagnant............................

Posted by Miz Raya Bloom > 2020-01-10 10:59 | Report Abuse

MAMEE SAN!

Posted by nicholai1983 > 2020-01-10 11:06 | Report Abuse

lossing power!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

Posted by Millions > 2020-01-10 11:13 | Report Abuse

breakout fail...got profit must take. Will enter again if touch 0.40/0.41

Posted by Miz Raya Bloom > 2020-01-10 11:55 | Report Abuse

belum jual

Posted by gorengking69 > 2020-01-10 12:33 | Report Abuse

When price fall said already sold when price going up said still hold aiyoyo kikiki

Posted by Miz Raya Bloom > 2020-01-10 14:57 | Report Abuse

gorengking pun ada, bukan nak push price up pon kikiki

Posted by WY Chan > 2020-01-10 16:08 | Report Abuse

still waiting for 30/35

Posted by Miz Raya Bloom > 2020-01-13 14:58 | Report Abuse

kheesan smooth operator kikiki

Posted by Miz Raya Bloom > 2020-01-13 16:03 | Report Abuse

c'mon kheesan ku punya TP 2 ringgit kikiki

Posted by lee_m2020 > 2020-01-13 17:09 | Report Abuse

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3015080

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Any details about this news?

Posted by paulthesotong > 2020-01-14 04:30 | Report Abuse

Sawasdee....mameesan.

Posted by Miz Raya Bloom > 2020-01-14 09:08 |

Post removed.Why?

Posted by paulthesotong > 2020-01-14 09:16 | Report Abuse

Thai fund on the prowl!!!

Posted by Miz Raya Bloom > 2020-01-14 09:46 | Report Abuse

@lee, court case ditunda, kalau Xsilap ku something got to do loan no collateral, kalau nak sita Xde ape pon assets boleh disita dari Kheesan - good news bukan bad news

Posted by Miz Raya Bloom > 2020-01-14 09:48 | Report Abuse

@Paul, thai fund beli kheesan?

Posted by paulthesotong > 2020-01-14 11:04 | Report Abuse

https://www.marketscreener.com/KHEE-SAN-BERHAD-20701341/company/

Posted by Miz Raya Bloom > 2020-01-14 15:22 | Report Abuse

foreign funds pun caya sama KHEESAN!

Posted by kingb > 2020-01-14 16:43 | Report Abuse

In a nick of time. Just rest.

Posted by PresidentRotiCanai > 2020-01-14 18:06 | Report Abuse

Nice closing

Posted by PresidentRotiCanai > 2020-01-15 00:09 | Report Abuse

2molo gap up

Posted by PresidentRotiCanai > 2020-01-15 09:03 | Report Abuse

Kheesan volume mari

Posted by Miz Raya Bloom > 2020-01-15 10:13 | Report Abuse

arini boleh pergi 60 sen?

Posted by Miz Raya Bloom > 2020-01-15 10:45 | Report Abuse

jangan gostan ler, foreign funds pun suka

Posted by PresidentRotiCanai > 2020-01-15 12:45 | Report Abuse

Hari ini pergi super market beli mamee support2

Posted by Miz Raya Bloom > 2020-01-15 15:00 | Report Abuse

kheesan mamee smooth operator