VELOCITY CAPITAL PARTNER BERHAD

KLSE (MYR): VELOCITY (7165)

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Last Price

0.045

Today's Change

0.00 (0.00%)

Day's Change

0.04 - 0.045

Trading Volume

500,200


18 people like this.

6,077 comment(s). Last comment by yoyo 2 days ago

Posted by winning569 > 2018-02-05 08:55 | Report Abuse

We refer to our announcement made on 26 January 2018 in relation to the Letter(s) of Offer (“Announcement”), unless otherwise defined, the definitions set out in the Announcement shall apply herein.

Further to the Announcement, the Board wishes to provide the following additional information:-

i) No valuation was carried out on the Lands by an independent valuer. However, internal assessment and market survey were carried out on the market values of the vacant land adjacent to the Lands based on the reference from www.brickz.my.
As disclosed in item 4 of the Announcement, the Purchase Price of the Lands was arrived at on a willing-buyer willing-seller basis after taking into consideration the preliminary aggregate open market value of RM42 per square feet within the vicinity.

ii) The Letters of Offer are legally binding upon acceptance by the Offerees. As disclosed in item 11 of the Announcement, the Company will make the necessary announcement in the event that the Letters of Offer’s terms are accepted and/or extended.

iii) All the three Letters of Offer issued in respect of the Lands are inter-conditional.

This announcement is dated 2 February 2018.

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5682873

winwin2288

1,325 posts

Posted by winwin2288 > 2018-02-05 13:18 | Report Abuse

GOOD, goreng kuat kuat!

Posted by GoHaiDuongGo > 2018-02-05 13:49 | Report Abuse

wahhh, I dropped and broke my glasses

Posted by winning569 > 2018-02-07 14:17 | Report Abuse

BENALEC HOLDINGS BERHAD Announcement.

We wish to announce that Heritage Land Sdn Bhd (“HLSB”), Klebang Property Sdn Bhd (“KPSB”) and Heritage Land Development Sdn Bhd (“HLDSB”), all of which are wholly-owned subsidiaries of Benalec Sdn Bhd, which in turn is wholly-owned by Benalec Holdings Berhad, had on 26th January 2018, received three (3) Letters of Offers from Million Rich Development Sdn Bhd, a wholly-owned subsidiary of Spring Gallery Berhad, to purchase twelve (12) plots of land owned by HLSB, KPSB and HLDSB, located in Pekan Klebang Seksyen II, Daerah Melaka Tengah, Melaka (“Offer”).

After evaluating the said Offer, the Management is of the view that the Offer is not in the best interest of the Company and therefore have decided not to accept the said Offer vide a reply letter dated 6 February 2018.

This announcement is dated 7 February 2018.
http://www.bursamalaysia.com/market/listed-companies/company-announcements/5685773

Posted by Mohd Fahmi Bin Jaes > 2018-02-08 10:47 | Report Abuse

buy on rumours

dkpm89

554 posts

Posted by dkpm89 > 2018-02-08 11:20 | Report Abuse

Any rumour?

dkpm89

554 posts

Posted by dkpm89 > 2018-02-09 10:54 | Report Abuse

Buyyyy

Pandawong

139 posts

Posted by Pandawong > 2018-02-09 11:45 | Report Abuse

nuff said. this will get exciting.

dkpm89

554 posts

Posted by dkpm89 > 2018-02-09 15:29 | Report Abuse

Comingggg

Posted by Mohd Fahmi Bin Jaes > 2018-02-14 11:27 | Report Abuse

sell

Posted by abrahamseed > 2018-02-19 19:37 | Report Abuse

It's a buy call

Shinnzaii

3,114 posts

Posted by Shinnzaii > 2019-04-11 12:27 | Report Abuse

share price too high...something is happening...may the new management can turnaround this company...hehe

Hohup

376 posts

Posted by Hohup > 2019-04-17 17:07 | Report Abuse

RM1.20

Shinnzaii

3,114 posts

Posted by Shinnzaii > 2019-04-22 09:52 | Report Abuse

wew...no wonder...got Encik Shahril Mokhtar CEO of MRT...got pre bid agreement...most likely Gadang & DWL up...but share price already high...hehe

greenpack

72 posts

Posted by greenpack > 2019-04-22 09:54 | Report Abuse

missed this train...hhmmm

Shinnzaii

3,114 posts

Posted by Shinnzaii > 2019-04-22 09:58 | Report Abuse

Wish this company got turnaround in the future..Admin please change the name to DWL RESOURCES BERHAD...thanks....hehe

Posted by Robinhood010109 > 2019-04-22 10:23 | Report Abuse

Sell ... the operator is a big con man in town .. victor chin

Posted by riskabsorber > 2019-04-22 12:02 | Report Abuse

Warrant is selling at huge discount 25%, high chance to con the traders. Sell before is too late.

kk7198

2,514 posts

Posted by kk7198 > 2019-04-22 12:07 | Report Abuse

New management team?

kk7198

2,514 posts

Posted by kk7198 > 2019-04-22 12:10 | Report Abuse

New name, DWL.....Dynamic,Wise, Leadership Resources Bhd.

Posted by Robinhood010109 > 2019-04-22 12:15 | Report Abuse

Ya... crocodile inside. Specialist in this pattern . Trap till your mother cannot recognize you

Posted by thequalityguy > 2019-04-22 13:51 | Report Abuse

But Shahril Mokhtar is in this company woh...

calvintaneng

56,709 posts

Posted by calvintaneng > 2019-04-22 16:30 |

Post removed.Why?

其辉

104 posts

Posted by 其辉 > 2019-04-22 18:46 | Report Abuse

Why warrant drop while mother rises to limit up

Posted by Sharewanderer > 2019-04-22 19:28 | Report Abuse

Pick up warrant now before it is too late. There is 55 cent of premium which has never happen before in other stock

其辉

104 posts

Posted by 其辉 > 2019-04-22 19:30 | Report Abuse

I bought in 64.5
Then keep drop at last hour before closing

kk7198

2,514 posts

Posted by kk7198 > 2019-04-22 19:31 | Report Abuse

Provided mother can hold at current price tomorrow.

Posted by Sharewanderer > 2019-04-22 19:43 | Report Abuse

Yup we will see how the share price of mother move

Posted by Sharewanderer > 2019-04-22 19:43 | Report Abuse

if remain stable then son can rise too

Hohup

376 posts

Posted by Hohup > 2019-04-22 19:57 | Report Abuse

Now u know why warrant held back :)

kk7198

2,514 posts

Posted by kk7198 > 2019-04-22 20:16 | Report Abuse

If mother can hold, warrant can go high cos the issue share is small...around 52million.

kk7198

2,514 posts

Posted by kk7198 > 2019-04-22 20:19 | Report Abuse

The new management team looks great except the share price has gone up a bit high.

其辉

104 posts

Posted by 其辉 > 2019-04-22 21:09 | Report Abuse

But why son can't rise today althrough mother almost limit up ady

Posted by Sharewanderer > 2019-04-22 21:13 | Report Abuse

No idea but i think probably due to insider movement

Posted by Sharewanderer > 2019-04-22 21:15 | Report Abuse

However, I dont think it is a bad new to dwl resources cause they have formed a jv with gadang and although they havent submitted their plan yet, it doesn't mean they wont submit a bid to ECRL authorized party. so, they might be further down tmr but will return black after they submit the bid

其辉

104 posts

Posted by 其辉 > 2019-04-22 21:20 | Report Abuse

All warrant risesis at least 50%,only dwl warrant no rise

kk7198

2,514 posts

Posted by kk7198 > 2019-04-22 21:29 | Report Abuse

Maybe the previous directors cashed out at these agreeable prices.

其辉

104 posts

Posted by 其辉 > 2019-04-22 22:07 | Report Abuse

Hope that tmr will continue rise

其辉

104 posts

Posted by 其辉 > 2019-04-22 22:08 | Report Abuse

Warrant exercise price is 0.6
Now mother is 1.6
So,warrant can rise to 1.00+??

kudamuda

293 posts

Posted by kudamuda > 2019-04-22 22:33 | Report Abuse

mother could easily drop back to previous price..... that means warrant can also drop to 0.4?!

Posted by Sharewanderer > 2019-04-22 22:35 | Report Abuse

assume motherdrop 30 sen tmr, but son is still worth at this price now cause there is a 55 sen of premium

其辉

104 posts

Posted by 其辉 > 2019-04-22 22:38 | Report Abuse

Tmr will have big drop
Gadang said that no bid for ercl

Posted by Sharewanderer > 2019-04-22 22:39 | Report Abuse

Yea i saw it too but the premium could save warrant from dropping more or even no dropping at all

其辉

104 posts

Posted by 其辉 > 2019-04-22 23:37 | Report Abuse

Hope that I no need lose so much. I bought at 64.5

kudamuda

293 posts

Posted by kudamuda > 2019-04-23 00:12 | Report Abuse

Be prepared to hold for mid term if you have confident of their JV future.

其辉

104 posts

Posted by 其辉 > 2019-04-23 06:27 | Report Abuse

What price that u bought in

Hohup

376 posts

Posted by Hohup > 2019-04-23 06:41 | Report Abuse

U guys are being too optimistic, although i barely think it will go up today, i wish u guys good luck

whitesheep

393 posts

Posted by whitesheep > 2019-04-23 08:26 | Report Abuse

https://www.thestar.com.my/business/business-news/2019/04/19/dwl-resources-appoints-shahril-mokhtar-as-md/

ex-MRT CEO as new MD ... sure link to rail business

Posted by Sharewanderer > 2019-04-23 09:25 | Report Abuse

I told you right there wont be big drop but a surge in DWL's mother price. Guys faster join in the DWL's son boat before it fly again. 55c premium!!!! You thought it is so easy to have this chance? You gonna earn at least 6k from selling the shares by today or recently!!!

carilembu

1,252 posts

Posted by carilembu > 2019-04-23 09:41 | Report Abuse

tq for the P&D history. TOO HIGH TO BUY.! nanti macam masuk rumah sembelih

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