VELOCITY CAPITAL PARTNER BERHAD

KLSE (MYR): VELOCITY (7165)

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Last Price

0.045

Today's Change

+0.005 (12.50%)

Day's Change

0.04 - 0.045

Trading Volume

1,040,000


18 people like this.

6,076 comment(s). Last comment by Tripaka 1 month ago

cg14134

500 posts

Posted by cg14134 > 2021-03-15 17:03 | Report Abuse

Om....Up.....Om....Up!

Estherk

16 posts

Posted by Estherk > 2021-03-15 17:28 | Report Abuse

Private placement 0.205 . I bought 0.21 this morning.

Posted by Aaronthien93 > 2021-03-15 18:29 | Report Abuse

so this week can up?

abcb

3,052 posts

Posted by abcb > 2021-03-15 19:17 | Report Abuse

Hong Seng Capital Sdn Bhd pledge securities account for Chipseng Heng Holding Sdn Bhd

Date interest acquired:15 March 2021

No of securities acquired:84,087,000 (subscription of private placement shares)

Indirect/deemed interest (%): 16.667

Possibility Hong Seng Capital Sdn Bhd may reverse takeover KTG soon.
Stay tunes! More good news to come

cg14134

500 posts

Posted by cg14134 > 2021-03-15 19:56 | Report Abuse

Agreed. Let's hope new s/h has more oomph than the previous ones.

abcb

3,052 posts

Posted by abcb > 2021-03-15 22:27 | Report Abuse

Nature of business for Chipseng Heng Holdings Sdn Bhd to provide chain management for supplies of goods of all kinds that include transportation services and haulage of goods,logistics, warehouse storage,materials handling, E-Commerce,Freight and forwarding services

abcb

3,052 posts

Posted by abcb > 2021-03-15 22:34 | Report Abuse

The company's name(CHIPSENG HENG) means' to be prompt, to litetarily, to succeed and to flourish '

abcb

3,052 posts

Posted by abcb > 2021-03-16 09:24 | Report Abuse

Chipseng Heng Holdings Sdn Bhd has been providing transportation and logistics - related solution to leading construction companies and real estate developers for over 25 years. With 170 trucks well trained drivers and a solid support team,we're ready to serve all year round.Prompt and safe deliveries,anyway,anytime

Yakok

341 posts

Posted by Yakok > 2021-03-16 10:06 | Report Abuse

lai liao

cg14134

500 posts

Posted by cg14134 > 2021-03-16 10:21 | Report Abuse

Wake me up b4 u go go!

abcb

3,052 posts

Posted by abcb > 2021-03-16 10:22 | Report Abuse

The History of ChipSeng Heng(CSH)
The founder Mr Tan Yow Hua,decided to kick-start his transportation business after being in the logistics business for well over 8 years.He was widely known for his commitment and helpfulness and was referred to as "Lorry Tan" by his peers and customers from logistic industry in Ipoh.Tan strongly beleives that those who have intent and are willing to help other achieve success,will also succeed in life.

Following that belief,he emarked in his journey to open up his own company.Thus,with that sole decision,CSH was established in 1990.What started out as a small business with only five used trucks,two administrative clerk and five drivers,now has become one of the best transportation companies in Malaysia.

Like any other business,CSH had its own fair share of ups and downs.Through sheer perseverance,we made through the 1990 recession.While others were conservative during this low period,Tan was willing to take a risks.

As a result,CSH landed a 3 year contract for the construction of a pertol station in Malacca.This les to CSH's major breakthrough of transporting for one of the PertonasTwin Towers projects.Such progress has enabled CSH to gain its reputation among other construction related
industries.
From then on,CSH has been involved in major projects like the first Peneng Bridge and KLIA2.As of today,CSH headquarter is located in IGB,Ipoh while the other two of its branches are in Wesport and Perai ,Penang

abcb

3,052 posts

Posted by abcb > 2021-03-16 10:27 | Report Abuse

Please hold tight with KTG,something is brewing up

cg14134

500 posts

Posted by cg14134 > 2021-03-16 10:27 | Report Abuse

I wonder whether CSH is the ultimate new Tai ko of KTG. Just look at the series ICPS conversions, the Tai ko seems loaded and should be a bigger entity than CSH. Mis-direction as in the movie "Swordfish"!

Yakok

341 posts

Posted by Yakok > 2021-03-16 10:34 | Report Abuse

1:40pm announcement

abcb

3,052 posts

Posted by abcb > 2021-03-16 10:34 | Report Abuse

CSH specialises in construction material transportation.CSH services include warehouse services,stockpile management, and general cargo and industries logistics

cg14134

500 posts

Posted by cg14134 > 2021-03-16 10:37 | Report Abuse

What do u mean Yakok?

Yakok

341 posts

Posted by Yakok > 2021-03-16 10:56 | Report Abuse

heard announcement is going to make...don know whether is true

cg14134

500 posts

Posted by cg14134 > 2021-03-16 10:57 | Report Abuse

ok thanks

wqil66

6 posts

Posted by wqil66 > 2021-03-16 11:07 | Report Abuse

mayb today LU?

Yakok

341 posts

Posted by Yakok > 2021-03-16 11:24 | Report Abuse

coming...

zzz1981

224 posts

Posted by zzz1981 > 2021-03-16 12:14 | Report Abuse

good chance to move up to 30 - 40 sen

Yakok

341 posts

Posted by Yakok > 2021-03-16 15:43 | Report Abuse

tdy cls .24

Yakok

341 posts

Posted by Yakok > 2021-03-16 16:05 | Report Abuse

16-Mar-2021 Additional Listing Private Placement - 84,087,000 shares at 0.206.

bobochacha

536 posts

Posted by bobochacha > 2021-03-16 20:07 | Report Abuse

only propose change of name. got reverse take over meh?

rkpvr

573 posts

Posted by rkpvr > 2021-03-16 20:45 | Report Abuse

what is the possibility of this going down against uptrend tomoro?

rkpvr

573 posts

Posted by rkpvr > 2021-03-16 20:46 | Report Abuse

abcd what makes u sure this will fly?

bobochacha

536 posts

Posted by bobochacha > 2021-03-16 20:47 | Report Abuse

short term look positive, long term even more promising..

bobochacha

536 posts

Posted by bobochacha > 2021-03-16 20:55 | Report Abuse

at least i know chip seng heng is doing some brick and mortar business... not like some IT company always MOU this and that , but at the end nothing come out

bobochacha

536 posts

Posted by bobochacha > 2021-03-16 21:00 | Report Abuse

so hopefully the new team can give more clarity of their future plan, then investor will have more confidence.

wqil66

6 posts

Posted by wqil66 > 2021-03-17 09:46 | Report Abuse

warrant masih boleh hold?

cg14134

500 posts

Posted by cg14134 > 2021-03-17 10:53 | Report Abuse

Ho Seh Liao!

Yakok

341 posts

Posted by Yakok > 2021-03-17 10:56 | Report Abuse

lai liao

Yakok

341 posts

Posted by Yakok > 2021-03-17 10:57 | Report Abuse

1.40pm annoucement

cg14134

500 posts

Posted by cg14134 > 2021-03-17 10:59 | Report Abuse

I am hearing the wave and anticipating nice beach and sunshine!

aikinlai

896 posts

Posted by aikinlai > 2021-03-17 12:44 | Report Abuse

Ya...right....yesterday also 1.40 annoucement

E K

16 posts

Posted by E K > 2021-03-17 13:44 | Report Abuse

cg14134, may I know ICPS able to convert to original share i.e 10:1 before maturity date?

LEEKS7

161 posts

Posted by LEEKS7 > 2021-03-17 13:54 | Report Abuse

How much convert warrant to mother shares ?

cg14134

500 posts

Posted by cg14134 > 2021-03-17 14:36 | Report Abuse

ICPS: To convert b4 maturity date, tender 1 ICPS + 54sen cash for 1 ord sh. By maturity date, unconverted ICPS automatically converted into ord sh on a 10:1 ratio.

Warrants: 60sen cash + 1 warrant for 1 ord shre

Yakok

341 posts

Posted by Yakok > 2021-03-17 14:42 | Report Abuse

means....good to hold?

Yakok

341 posts

Posted by Yakok > 2021-03-17 14:51 | Report Abuse

what is it means :
ICPS: To convert b4 maturity date, tender 1 ICPS + 54sen cash for 1 ord sh. By maturity date, unconverted ICPS automatically converted into ord sh on a 10:1 ratio.

Yakok

341 posts

Posted by Yakok > 2021-03-17 14:52 | Report Abuse

if i have 100 lots in hand

cg14134

500 posts

Posted by cg14134 > 2021-03-17 14:56 | Report Abuse

Ini kali lah!

Yakok

341 posts

Posted by Yakok > 2021-03-17 14:58 | Report Abuse

please calculate for me

Yakok

341 posts

Posted by Yakok > 2021-03-17 14:59 | Report Abuse

should i sell all now?

cg14134

500 posts

Posted by cg14134 > 2021-03-17 15:02 | Report Abuse

Let's think of it this way, if you are a minority investor, u might as well buy the shares directly.

The parties that convert the ICPS at 54sen cash + 1 ICPS obviously know something that you and I don't.

Don't be a sin kah. Cheng chiak gong, gong chiak ti kong!

Yakok

341 posts

Posted by Yakok > 2021-03-17 15:04 | Report Abuse

any changes after delisting ?

Yakok

341 posts

Posted by Yakok > 2021-03-17 15:07 | Report Abuse

let say now i have 100 lots ....after delisting the quantity still the same , right? onli the listing price change ?

cg14134

500 posts

Posted by cg14134 > 2021-03-17 15:11 | Report Abuse

100 lots of ICPS? or mother shares?

Yakok

341 posts

Posted by Yakok > 2021-03-17 15:12 | Report Abuse

mother share

cg14134

500 posts

Posted by cg14134 > 2021-03-17 15:13 | Report Abuse

Then keep and pray! I think can aim for 40-60sen

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