HWA TAI INDUSTRIES BHD

KLSE (MYR): HWATAI (8478)

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Last Price

0.515

Today's Change

0.00 (0.00%)

Day's Change

0.515 - 0.515

Trading Volume

11,100


5 people like this.

1,098 comment(s). Last comment by targetinvest 2024-04-29 22:32

cutie

1,690 posts

Posted by cutie > 2018-08-08 11:11 | Report Abuse

me too wait for 35.. very cheap

darkxfs

2,121 posts

Posted by darkxfs > 2018-08-24 09:25 | Report Abuse

got 15k at 0.345 total 245k company not very good

kcwc888

6 posts

Posted by kcwc888 > 2018-09-26 17:33 | Report Abuse

Its not about how cheap is the stock price, its more about how the owners and management is going to do to springboard the business to another growth level. Stagnating for many years, owners are from the prominent legal profession industry, not sure they are going to do anything to bring it up. Confectionery industry is a very lucrative industry, its just how they are going to develop it up... look at the hongkies, simple 1 product can conquer the industry. So unless Hwa Tai is to come up with some great food technology division and innovate, it will slowly lose its shine.

darkxfs

2,121 posts

Posted by darkxfs > 2018-12-12 14:40 | Report Abuse

show time

darkxfs

2,121 posts

Posted by darkxfs > 2018-12-12 17:02 | Report Abuse

sold 20k at 0.340 buy back 10k at 0.335 10k at 0.330 now 0.305 zzzzzzzz

cutie

1,690 posts

Posted by cutie > 2019-01-17 11:38 | Report Abuse

come on....uppppppp

Posted by commonsense > 2019-02-03 20:41 | Report Abuse

The company has never been able to deliver any meaningful profit to its shareholder for the past 10 financial years with the highest profit achieved back in FY09 at a profit of RM2mil. For 9m18 the company only managed to record a loss of RM1.6mil to its shareholders. 4Q18 would most probably be another loss quarter for the group.

Even if the company managed to deliver a profit of RM2mil (highest in 10 years) for FY19, at the current price, it would already be valued at around 13x PE. At this valuation, investors would normally expect the company to consistently deliver a similar profit level through out the years which is very unlikely for this company. Based on its 10 years performance, achieving a RM1mil profit is already a very tall order for them (at this profit level company valuation jumps up to 26x PE which is normally what the high growth stocks are trading).

If you are looking to diversify your portfolio outside of Hwa Tai (due to its earnings uncertainties), I would recommend you to look at MBMR.

MBMR is a direct proxy to Perodua via its 22.6% interest in the company. Valuation is cheap at only 6.9x PE (based on target FY18 profit of RM145mil. 9m profit is already RM106mil). PB is low at only 0.7x BV. 4Q18 results is expected to be higher than 3Q18 and last year's 4Q17.

FY19 growth will be driven by the still high demand of the new Myvi and the newly launched SUV Aruz and also the newly revamp Alza in 2H19. The recent announcement of closure and potential disposal of the loss-making alloy wheel manufacturing business alone is expected to boost the company’s profit by an additional RM20mil. I am projecting a profit to shareholder of RM170 mil for FY19 which at the current price values MBMR at only 5.9x PE.

Please go through the analyst reports (https://klse.i3investor.com/servlets/stk/pt/5983.jsp) and do your own analysis before making any decisions. There are 8 analysts in total covering the stock with most of them having a TP of above RM3 (all have a buy rating). The average TP for the 8 analysts is around RM3.50.

Good luck.

Posted by 129055444514385 > 2019-04-23 17:14 | Report Abuse

if so bodoh tak tahu pakai duit tu, return it to shareholders lah hahaha

MULTIPLE PROPOSALS HWA TAI INDUSTRIES BERHAD (HWA TAI OR THE COMPANY) - VARIATION OF AND EXTENSION OF TIME FRAME FOR THE UTILISATION OF PROCEEDS RAISED FROM THE RIGHTS ISSUE

HWA TAI INDUSTRIES BERHAD


Type Announcement
Subject MULTIPLE PROPOSALS

Description HWA TAI INDUSTRIES BERHAD (HWA TAI OR THE COMPANY)
- VARIATION OF AND EXTENSION OF TIME FRAME FOR THE UTILISATION OF PROCEEDS RAISED FROM THE RIGHTS ISSUE




Unless otherwise stated, all definitions and terms used shall have the same meanings as defined in Hwa Tai’s announcements dated 24 April 2014, 12 May 2014, 28 May 2014, 18 June 2014, 5 December 2014, 15 December 2014, 5 January 2015, 14 January 2015, 13 March 2015, 7 April 2015 and 14 April 2015 (“Proposal Announcements”), the circular dated 10 October 2014 (“Circular”) and the abridged prospectus dated 16 March 2015 (“AP”) in relation to the Rights Issue and the announcements dated 6 April 2018 and 10 April 2018 in relation to the 1st extension of time (“1st EOT Announcements”).



1. INTRODUCTION



The Board of Directors of Hwa Tai (“Board”) wishes to announce that the Company intends to vary and extend the time frame for the utilisation of the balance of proceeds raised from the Rights Issue amounting to RM7.0 million which was initially earmarked for capital expenses for business expansion.



The Company had raised total proceeds of RM13,916,000 from the Rights Issue which was completed on 14 April 2015. The initial time frame for utilising the proceeds for capital expenses for business expansion was within 36 months from the Rights Issue completion date and was subsequently extended for another 12 months period until 13 April 2019 (“1st Revised Time Frame”), to provide additional time for the Group to negotiate the terms of purchase and/or source for alternative suppliers for the new hybrid biscuit line, as detailed in the 1st EOT Announcements.



2. DETAILS OF THE VARIATION AND EXTENSION



The proceeds raised from the Rights Issue was initially earmarked for capital expenses for business expansion which entails the establishment of a new hybrid biscuit line that would have multiple purpose production line, faster baking time, uniform baking process, lower energy consumption and facilitate the production of a variation of products, as mentioned in the Circular and AP. The Company intends to vary the type of biscuit line to be purchased from a hybrid biscuit line to an indirect fire convection (IFC) biscuit line due to the circumstances as disclosed in the rationale section of this announcement.



In general a hybrid biscuit line comprises oven which combines direct heating system and indirect heating system to create more heat in oven and is able to produce crackers and cookies whereas an IFC biscuit line is a type of indirect heating system which has less heat energy but efficient in moisture removal and can only produce cookies. The purchase cost of an IFC biscuit line is less expensive than a hybrid biscuit line. In addition, an IFC biscuit line has less energy consumption as compared to a hybrid biscuit line. An IFC biscuit line is also easier to maintain than a hybrid biscuit line due to its component structure and will therefore, incur less maintenance cost.



The Company has met with several overseas suppliers of biscuit lines who have provided the Company with their quotations. The Company intends to select the final supplier by mid April 2019.



Premised on the above and that the 1st Revised Time Frame is expiring on 13 April 2019, the Board has resolved to extend the utilisation of the proceeds for another 12 months period until 13 April 2020 (“2nd Revised Time Frame”) in view of the timeframe for the completion and commissioning of the IFC biscuit line.



As at the date of this announcement the utilisation of proceeds and details of the 2nd Revised Time Frame are as set out in the table below:




Description

Initial Proposed Utilisation

Actual

Utilisation

Balance Unutilised

Initial Timeframe

1st Revised Timeframe

2nd Revised Timeframe




RM’000

RM’000

RM’000








Repayment of bank borrowing

3,403

3,403

-

Within 3 months (Completed)

-

-


Working capital

3,213



3,213



-



Within 24 months (Completed)

-

-


Estimated expenses in relation to the Proposals



300



300



-

Within 3 months (Completed)

-

-


Capital expenditure for business expansion

7,000



-

#7,000

Within 36 months

(13 April 2018)

*Additional 12 months from Initial Timeframe

(13 April 2019)

@Additional 12 months from 1st Revised Timeframe

(13 April 2020)


Total

13,916

6,916

7,000










Notes:



# Based on the quotation provided by the overseas suppliers and on the prevailing foreign exchange rate.

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

Posted by 129055444514385 > 2019-04-23 17:16 | Report Abuse

raised funds in 2015,....not implemented biz expansion till now? return the money to shareholders lah... also, sell hwatai like munchy,.... return on investment for shareholders lah.... exisitng mgmt is useless after so many years takda otak

Posted by 129055444514385 > 2019-04-23 17:18 | Report Abuse

market cap only rm23mil after so many years... stupid mgmt... just find buyer to sell hwatai like munchy did...


Market Cap: 23 Million
NOSH: 75 Million
Avg Volume (4 weeks): 10,525
4 Weeks Range: 0.30 - 0.33
4 Weeks Price Volatility (%):
16.67%
52 Weeks Range: 0.28 - 0.42
52 Weeks Price Volatility (%):
17.86%

Posted by 129055444514385 > 2019-04-23 19:42 | Report Abuse

Hwatai market ca only rm23mil now haha bodoh! 



CVC Capital close to buying Munchy Group for RM1.1b ... 


https://www.thestar.com.my/business/business-news/2018/04/18/cvc... 

18/4/2018 · The company makes Munchy’s crackers, as well as biscuits and wafers sold under the Lexus, Oat Krunch and Muzic brands that are marketed in more than 50 countries, its website shows. 


CVC Capital close to buying Munchy Group for RM1.1b | New ... 


https://www.nst.com.my/.../cvc-capital-close-buying-munchy-group-rm11b 

The company makes Munchy’s crackers, as well as biscuits and wafers sold under the Lexus, Oat Krunch and Muzic brands that are marketed in more than 50 countries, its website shows. Munchy had 14% share of Malaysia’s US$112mil sweet biscuit market in 2017, the second-biggest maker in the country, according to Euromonitor International. 



Author: BLOOMBERG

Posted by 129055444514385 > 2019-04-24 07:34 | Report Abuse

Very likely, hwatai will be disposed off like munchy and shareholders get return on investment... useless mgmt or BODs

Posted by 129055444514385 > 2019-04-24 07:36 | Report Abuse

:)

Date Close Volume
23/04/2019 0.305 36,000
22/04/2019 0.32 0
19/04/2019 0.32 0
18/04/2019 0.32 12,200
17/04/2019 0.32 4,200
16/04/2019 0.325 0
15/04/2019 0.325 0
12/04/2019 0.325 6,200
11/04/2019 0.325 3,200
10/04/2019 0.33 0
09/04/2019 0.33 0
08/04/2019 0.33 30,200
05/04/2019 0.305 3,000
04/04/2019 0.32 0
03/04/2019 0.32 0
02/04/2019 0.32 49,700
01/04/2019 0.30 0
29/03/2019 0.30 62,000
28/03/2019 0.32 18,000
27/03/2019 0.32 21,800

Posted by 129055444514385 > 2019-04-24 07:36 | Report Abuse

Better sell to those who excel in biscuit or FMCG industry

Posted by 129055444514385 > 2019-04-24 09:01 | Report Abuse

should ask them whether they want to buy hwatai or not, pay rm100mil will do, no need to pay rm1bil+ like munchy haha

CVC Capital close to buying Munchy Group for RM1.1b ...


https://www.thestar.com.my/business/business-news/2018/04/18/cvc...&nb...;

18/4/2018 · The company makes Munchy’s crackers, as well as biscuits and wafers sold under the Lexus, Oat Krunch and Muzic brands that are marketed in more than 50 countries, its website shows.
.

CVC Capital close to buying Munchy Group for RM1.1b | New ...


https://www.nst.com.my/.../cvc-capital-close-buying-munchy-group-rm11b...;

The company makes Munchy’s crackers, as well as biscuits and wafers sold under the Lexus, Oat Krunch and Muzic brands that are marketed in more than 50 countries, its website shows. Munchy had 14% share of Malaysia’s US$112mil sweet biscuit market in 2017, the second-biggest maker in the country, according to Euromonitor International.



Author: BLOOMBERG

Posted by 129055444514385 > 2019-04-24 09:08 | Report Abuse

better sell it... dont know to do biz haha




Friday, 22 Feb 2019

5:39PM HWATAI Financial year end net loss 4.259 million


Thursday, 29 Nov 2018

12:48PM HWATAI Nine-month net loss 1.579 million (increased 807.47%)


Tuesday, 21 Aug 2018

12:32PM HWATAI 1H net loss 1.054 million (increased 170.26%)



Tuesday, 22 May 2018

12:47PM HWATAI 1Q net loss 0.333 million (increased 301.20%)

Posted by 129055444514385 > 2019-04-24 09:11 | Report Abuse

sell it like munchy is better... multiple cadangan pulak haha

8478 HWATAI HWA TAI INDUSTRIES BHD
MULTIPLE PROPOSALS

MULTIPLE PROPOSALSHWA TAI INDUSTRIES BERHAD (HWA TAI OR THE COMPANY)- VARIATION OF AND EXTENSIONOF TIME FRAME FOR THE UTILISATION OF PROCEEDS RAISED FROM THE RIGHTS ISSUEYou are advised to read the entire contents of the announcement or attachment.To read the entire contents of the announcement or attachment, please accessthe Bursa website at http://www.bursamalaysia.com


08/04/2019 07:00 AM


Ref Code: 201904083000117

Posted by 129055444514385 > 2019-05-13 15:45 | Report Abuse

better sell it to others like what munchy did :) useless top mgmt

Good123

26,613 posts

Posted by Good123 > 2019-12-07 18:05 | Report Abuse

ada risk macam London biskut tak?

Good123

26,613 posts

Posted by Good123 > 2019-12-07 20:31 | Report Abuse

tak guna punya top mgmt. makin lama makin teruk. takda dividen, apa2 untuk shareholders

Good123

26,613 posts

Posted by Good123 > 2019-12-10 20:58 | Report Abuse

bila mau jual macam munchy? :)

Posted by CartoonInvesting > 2020-01-14 17:07 | Report Abuse

Why Munchy? Taste as good or better? Yum yum.

Posted by supergreat > 2020-01-14 18:19 | Report Abuse

Why Munchy , why Kheesan ? Hwa Tai seems very cheap takeover target.
lets wait and see .

willc48

722 posts

Posted by willc48 > 2020-01-15 12:22 | Report Abuse

hwa tai masih solid in cash despite LonBisc sells more than hwa tai

darkxfs

2,121 posts

Posted by darkxfs > 2020-01-16 09:10 | Report Abuse

keep more than 1 year still got 245k on hand

SolidGold

113 posts

Posted by SolidGold > 2020-01-16 11:21 | Report Abuse

What? Keep what? Hwatai or London or Kheesan?

Posted by CartoonInvesting > 2020-01-16 14:36 | Report Abuse

Keep many moon and sun ago. Good luck.

Posted by CartoonInvesting > 2020-01-22 20:51 | Report Abuse

Today buy with volume. Does it imply anything? BUY?

Posted by CartoonInvesting > 2020-01-29 21:15 | Report Abuse

Buy or no buy.

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

Yes or no.

ahkiang

57 posts

Posted by ahkiang > 2020-02-21 01:16 | Report Abuse

apollo lebih sedap @@ hwatai too much sugar and keras sikit , ur product should improve leh...

Jeffreyteck

4,247 posts

Posted by Jeffreyteck > 2020-03-26 16:37 | Report Abuse

TP below 0.10 then review again. NO go right now despite at historical low. Afraid next london biscuits. At 22, can invest in other more attractive counters now.

darkxfs

2,121 posts

Posted by darkxfs > 2020-04-20 21:16 | Report Abuse

volume up mybe price will up soon

Victor Yong

8,271 posts

Posted by Victor Yong > 2020-05-21 10:09 | Report Abuse

speculative stock ka? 70% price volatility

52 Weeks Range: 0.15 - 0.35
52 Weeks Price Volatility (%):
70.00%

Victor Yong

8,271 posts

Posted by Victor Yong > 2020-05-21 10:21 | Report Abuse

any new biz to be announced??? wang right issue dah ambil???? ;)

Victor Yong

8,271 posts

Posted by Victor Yong > 2020-05-21 10:22 | Report Abuse

munchy was sold at a high price previously... if tak tau buat biz , better sell it like munchy punya owner :)


Business Background
Hwa Tai Industries Bhd operates as an investment holding company, which manufactures biscuits. The company operates through the following segments: Manufacturing and Trading. Its products include crackers, cookies, assorted biscuits, cakes, and cream sandwich and are marketed under the brand name of Hwa Tai and Luxury. Firm’s Manufacturing segment act as an octopus revenue contributor.

Victor Yong

8,271 posts

Posted by Victor Yong > 2020-05-21 10:24 | Report Abuse

:)

Recent Prices
Date Open Range Close Change Volume
20/05/2020 0.285 0.285 - 0.285 0.285 0.00 (0.00%) 127,800
19/05/2020 0.305 0.285 - 0.305 0.285 -0.01 (3.39%) 123,800
18/05/2020 0.285 0.285 - 0.30 0.295 +0.01 (3.51%) 66,700
15/05/2020 0.30 0.285 - 0.30 0.285 -0.005 (1.72%) 109,300
14/05/2020 0.285 0.285 - 0.29 0.29 0.00 (0.00%) 61,200
13/05/2020 0.29 0.29 - 0.295 0.29 0.00 (0.00%) 160,000
12/05/2020 0.295 0.29 - 0.295 0.29 -0.005 (1.69%) 288,000
08/05/2020 0.28 0.28 - 0.295 0.295 +0.005 (1.72%) 1,400
06/05/2020 0.29 0.00 - 0.00 0.29 0.00 (0.00%) 0
05/05/2020 0.295 0.285 - 0.295 0.29 -0.005 (1.69%) 110,800
04/05/2020 0.30 0.295 - 0.30 0.295 -0.005 (1.67%) 80,000
30/04/2020 0.30 0.29 - 0.30 0.30 0.00 (0.00%) 99,500
29/04/2020 0.295 0.295 - 0.30 0.30 +0.005 (1.69%) 13,000
28/04/2020 0.29 0.285 - 0.32 0.295 +0.005 (1.72%) 233,000
27/04/2020 0.305 0.29 - 0.32 0.29 -0.015 (4.92%) 438,000
24/04/2020 0.305 0.30 - 0.305 0.305 0.00 (0.00%) 84,000
23/04/2020 0.315 0.30 - 0.315 0.305 0.00 (0.00%) 1,482,100

Victor Yong

8,271 posts

Posted by Victor Yong > 2020-05-21 10:28 | Report Abuse

sell like munchy's owner

CVC Capital close to buying Munchy Group for RM1.1b | The ...www.thestar.com.my › business-news › 2018/04/18 › c...
Apr 18, 2018 - The company makes Munchy's crackers, as well as biscuits and wafers sold under the Lexus, Oat Krunch and Muzic brands that are marketed ...

CVC acquires 100% stake in top homegrown biscuit maker ...www.minimeinsights.com › Food › Biscuits
Jun 16, 2018 - Photo Credit: Munchy. A number of homegrown Malaysian companies have been sold to foreign major corporations and private equity firms in ...

CVC Asia Fund IV acquires 100% stake in Munchy Food ...www.cvc.com › media › press-releases › cvc-asia-fund-...
Jun 12, 2018 - Munchy Food Industries Sdn Bhd ("MFI") and CVC Capital Partners Asia Fund IV ("CVC Asia IV") today announced that CVC Asia IV has ...

Victor Yong

8,271 posts

Posted by Victor Yong > 2020-05-21 10:47 | Report Abuse

if hwa tai top mgmt tak tau buat biscuit biz, jualkan macam munchy, memalukan saja... dah lama shareholders menunggu, mintak wang melalui right issue, sampai sekarang, tak pakai lagi, bodoh dan malas punya top mgmt.

Victor Yong

8,271 posts

Posted by Victor Yong > 2020-05-21 10:48 | Report Abuse

beli balik sedikit syer untuk syiok sendiri :)

Thursday, 23 Apr 2020

5:22PM HWATAI SOO CHUNG YEE (547,200 units Acquired)


Tuesday, 14 Apr 2020

5:38PM HWATAI SOO CHUNG YEE (55,200 units Acquired)


Thursday, 9 Apr 2020

5:30PM HWATAI SOO CHUNG YEE (46,800 units Acquired)

Victor Yong

8,271 posts

Posted by Victor Yong > 2020-05-21 10:55 | Report Abuse

pergi tanya cvc mau beli hwa tai tak? takda guna punya hwa tai top mgmt and largest shareholder.

CVC Asia Fund IV acquires 100% stake in Munchy Food Industries Sdn Bhd
12 Jun 2018

Management team, led by CEO Rodney Wong, personnel and business operating system retained

Munchy Food Industries Sdn Bhd ("MFI") and CVC Capital Partners Asia Fund IV ("CVC Asia IV") today announced that CVC Asia IV has acquired a 100% stake in MFI and its Malaysian subsidiary Munchworld Marketing Sdn Bhd. The acquisition was completed on 8 June 2018. Prior to the acquisition, MFI was 70% held by Double-V Series Sdn Bhd, the holding company owned by the founders of MFI, while fund investor TAP Crunch Sdn Bhd held the remaining 30% stake.

Following the change in ownership, the management team, personnel and business operating system have been fully retained, and are led by Chief Executive Officer ("CEO") Rodney Wong, who has been with the Group since 2014, together with Chief Operating Officer ("COO") Rajan Pillai, who joined the Group in 2012. The board of directors for MFI will comprise of representatives appointed by CVC Asia IV, the CEO and COO.

Founded in 1991, MFI has a distribution reach of over 50 countries and comes with over 25 years' history in the biscuits and confectionery business. Its products include Munchy's, Oat Krunch, Lexus, Muzic and Choc-O. According to Nielsen, Munchy's had a 21.5% share of Peninsular Malaysia's RM1.044 billion biscuit market in 20171.

Mr LK Tan, co-founder of MFI, said: "As a homegrown Malaysian brand, the Munchy team is proud that our hard work and product innovation over 25 years has enabled us to grow into the regional business we are today. There were many offers from potential investors in the past, but CVC's vision for the brand aligned extremely well with our identity. Their global network and experience will be invaluable in growing the Munchy's brand into a global name – with new markets, new technology and new innovations. We are excited to see CVC take the Munchy story into the next phase, becoming a global powerhouse."

Mr Alvin Lim, Managing Director at CVC Capital Partners, added: "This is an exciting opportunity to invest in a leading player with a consistent track record of growth and a highly cash-generative business. Over the years, MFI has built an exceptional platform with proven scalability to meet the demands of the company's growing consumer base. We look forward to working with MFI's management team to help them achieve their strategic plan of driving value over the next few years to further grow the company."

Victor Yong

8,271 posts

Posted by Victor Yong > 2020-05-21 11:00 | Report Abuse

Agreed. useless punya top mgmt and major shareholder

@commonsense The company has never been able to deliver any meaningful profit to its shareholder for the past 10 financial years with the highest profit achieved back in FY09 at a profit of RM2mil. For 9m18 the company only managed to record a loss of RM1.6mil to its shareholders. 4Q18 would most probably be another loss quarter for the group.

Even if the company managed to deliver a profit of RM2mil (highest in 10 years) for FY19, at the current price, it would already be valued at around 13x PE. At this valuation, investors would normally expect the company to consistently deliver a similar profit level through out the years which is very unlikely for this company. Based on its 10 years performance, achieving a RM1mil profit is already a very tall order for them (at this profit level company valuation jumps up to 26x PE which is normally what the high growth stocks are trading).

If you are looking to diversify your portfolio outside of Hwa Tai (due to its earnings uncertainties), I would recommend you to look at MBMR.

MBMR is a direct proxy to Perodua via its 22.6% interest in the company. Valuation is cheap at only 6.9x PE (based on target FY18 profit of RM145mil. 9m profit is already RM106mil). PB is low at only 0.7x BV. 4Q18 results is expected to be higher than 3Q18 and last year's 4Q17.

FY19 growth will be driven by the still high demand of the new Myvi and the newly launched SUV Aruz and also the newly revamp Alza in 2H19. The recent announcement of closure and potential disposal of the loss-making alloy wheel manufacturing business alone is expected to boost the company’s profit by an additional RM20mil. I am projecting a profit to shareholder of RM170 mil for FY19 which at the current price values MBMR at only 5.9x PE.

Please go through the analyst reports (https://klse.i3investor.com/servlets/stk/pt/5983.jsp) and do your own analysis before making any decisions. There are 8 analysts in total covering the stock with most of them having a TP of above RM3 (all have a buy rating). The average TP for the 8 analysts is around RM3.50.

Good luck.
03/02/2019 8:41 PM

Victor Yong

8,271 posts

Posted by Victor Yong > 2020-05-21 11:06 | Report Abuse

munchy has been sold to CVC for billion ringgit +++ tapi market hwa tai hanya RM22mil now.. bodoh tak, memuji diri sendiri , one of the premier and longest established biscuit manufacturers in Malaysia. Established in 1962

Padan muka!!!!!!!!

Hwa Tai Industries Berhad is one of the premier and longest established biscuit manufacturers in Malaysia. Established in 1962 and listed on the Stock Exchange Malaysia in 1992. Since then, this fast expanding company has grown to be one of the largest players in the biscuits industry in the country and produce a fine, wide range of superior quality biscuits.
It has been successfully marketed domestically and internationally through Hwa Tai’s own vast and comprehensive distribution network. Our biscuits are marketed under the brand name or trademark of "HWA TAI" and "LUXURY".

We take pride in our excellent innovation and high quality products which have firmly entrenched us not only in Malaysia but also in over 50 countries around the world. We are keenly involved in the integrated supply chain of our products, from manufacture to sales to distribution throughout the entire trade channels. Due to our extensive and comprehensive distribution network, we are also carrying products / brands by other principals for the Malaysian market.

Victor Yong

8,271 posts

Posted by Victor Yong > 2020-05-21 11:07 | Report Abuse

cakap saja pandai, takda guna


OUR VISION
We aim to be a leading biscuits and confectionery manufacturer in the region known for its product quality and variety.

OUR COMMITMENT
Hwa Tai is committed in producing the best quality biscuit products for our customers all over the world and creating business opportunities for our partners. We have more than 50 years of manufacturing experience and the ability to manage our entire value chain, from procurement of raw materials to distribution of finished products. From the company's very first beginning, we have recognized that the skilled and dedicated people who work for us are critical to our success. We expect high standards from our staff – a team totally committed to the provision of the highest quality service in the business.

Victor Yong

8,271 posts

Posted by Victor Yong > 2020-05-21 11:10 | Report Abuse

harga saham merosot, setiap tahun, bukan? :) destroying shareholders' value


History - direct biz transactions

Date Price Change Dir-Volume Day Volume Dir-Value Day Value Avg Price % of Total Share Remarks
04/08/2016 00:00:00 0.5400 - 1.249m 1.249m 674,460 674,460 0.5400 1.6690 -
22/03/2016 00:00:00 0.4300 - 200,000 534,900 86,000 230,007 0.4300 0.2673 -
22/03/2016 00:00:00 0.4300 - 105,000 534,900 45,150 230,007 0.4300 0.1403 -
22/03/2016 00:00:00 0.4300 - 229,900 534,900 98,857 230,007 0.4300 0.3072 -
10/03/2016 00:00:00 0.4500 0.0400 90,500 90,500 40,725 40,725 0.4500 0.1209 -
04/03/2016 00:00:00 0.4300 0.0050 129,900 129,900 55,857 55,857 0.4300 0.1736 -
29/02/2016 00:00:00 0.4300 0.0050 200,000 929,900 86,000 399,857 0.4300 0.2673 -
29/02/2016 00:00:00 0.4300 0.0050 354,900 929,900 152,607 399,857 0.4300 0.4743 -
29/02/2016 00:00:00 0.4300 0.0050 375,000 929,900 161,250 399,857 0.4300 0.5011 -
26/02/2016 00:00:00 0.4300 0.0100 372,400 633,200 160,132 270,972 0.4279 0.4976 -
26/02/2016 00:00:00 0.4250 0.0050 260,800 633,200 110,840 270,972 0.4279 0.3485 -
07/02/2011 16:00:01 0.8200 0.0700 30,000 30,000 24,600 24,600 0.8200 0.0749 Cross Trade
28/07/2010 16:22:13 0.7200 0.0300 80,000 80,000 57,600 57,600 0.7200 0.1998 Cross Trade
13/02/2009 17:05:10 0.4800 - 6,700 6,700 3,216 3,216 0.4800 0.0170 Cross Trade

Summary from 13/02/2009 to 04/08/2016
Highest Price 0.8200 First Occurred on 07/02/2011
Lowest Price 0.4250 First Occurred on 26/02/2016
Highest Volume 1.249m First Occurred on 04/08/2016

Victor Yong

8,271 posts

Posted by Victor Yong > 2020-05-21 11:23 | Report Abuse

Get buyer for hwatai if tak tau buat biz... Takda Dividen Dan share price dropping yearly


Changes in Director's Interest (Section 219 of CA 2016)
HWA TAI INDUSTRIES BERHAD

Information Compiled By KLSE

Particulars of Director
Name DATUK SOO CHUNG YEE
Descriptions(Class) Ordinary Shares
Details of changes
No
Date of change
No of securities
Type of transaction
Nature of Interest
1
21/04/2020
180,000
Acquired
Direct Interest
Name of registered holder Datuk Soo Chung Yee
Description of "Others" Type of Transaction
Consideration (if any) RM0.30 per share (average)
2
22/04/2020
329,200
Acquired
Direct Interest
Name of registered holder Datuk Soo Chung Yee
Description of "Others" Type of Transaction
Consideration (if any) RM0.30 per share (average)
3
23/04/2020
38,000
Acquired
Direct Interest
Name of registered holder Datuk Soo Chung Yee
Description of "Others" Type of Transaction
Consideration (if any) RM0.30 per share (average)

Circumstances by reason of which change has occurred Acquisition through open market
Nature of interest Direct Interest
Total no of securities after change
Direct (units) 649,200
Direct (%) 0.870
Indirect/deemed interest (units)
Indirect/deemed interest (%)
Date of notice 23/04/2020
Date notice received by Listed Issuer 23/04/2020


Announcement Info
Company Name HWA TAI INDUSTRIES BERHAD
Stock Name HWATAI
Date Announced 23 Apr 2020

Victor Yong

8,271 posts

Posted by Victor Yong > 2020-05-21 11:27 | Report Abuse

Tak boleh tahan lagi :)

Dated Feb 10
Rex Industry Bhd sold 600,000 shares in Hwa Tai Industries Bhd and ceased to be a substantial shareholder in the company on Jan 22. While Hwa Tai is a biscuit manufacturer, Rex is involved in the manufacturing of canned food, beverages and confectionery.

Rex first surfaced as a substantial shareholder in Hwa Tai in June 2016 when it acquired 4.2 million shares or 5.61% of the biscuit manufacturer.

In June 2016, Hwa Tai’s share price averaged 53.5 sen but it averaged 30.1 sen in January this year. It is also noteworthy that the company has suffered seven consecutive financial quarters of losses. Last Wednesday, it closed at 33.5 sen, translating into a market value of RM25 million for the company.

Victor Yong

8,271 posts

Posted by Victor Yong > 2020-05-21 12:11 | Report Abuse

Privatise it, memalukan Saja, reporting losses nonstop with zero dividen and decreasing stock price.

Valued it at rm40mil for privatisation, then resell to CVC for rm80mil :)

Victor Yong

8,271 posts

Posted by Victor Yong > 2020-05-21 12:12 | Report Abuse

Don't know to do biz, better sell to others to run biz who are much more capable

Victor Yong

8,271 posts

Posted by Victor Yong > 2020-05-21 12:41 | Report Abuse

:)

Rights Issue
HWA TAI INDUSTRIES BERHAD

EX-date

12/03/2015
Entitlement date 16/03/2015
Entitlement time 05:00:00 PM
Entitlement subject Rights Issue
Entitlement description Renounceable rights issue of up to 60,063,600 new ordinary shares of RM0.40 each in Hwa Tai Industries Berhad (“Hwa Tai”) (“Hwa Tai Share(s)”) (“Rights Share(s)”) at an issue price of RM0.40 per Rights Share on the basis of three (3) Rights Shares for every two (2) existing Hwa Tai Shares held at 5.00 p.m. on 16 march 2015, based on a minimum subscription level of 30,031,800 Rights Shares ("Rights Issue")
Period of interest payment to
Financial Year End
Share transfer book & register of members will be to closed from (both dates inclusive) for the purpose of determining the entitlements
Registrar's name ,address, telephone no Tricor Investor Services Sdn Bhd
Level 17, The Gardens North Tower
Mid Valley City
Lingkaran Syed Putra
59200 Kuala Lumpur

Tel: 603-2264 3883
Fax: 603-2282 1886
Payment date
a.Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers 16/03/2015
b.Securities deposited into the Depositor's Securities Account before 12:30 pm in respect of securities exempted from mandatory deposit
c. Securities bought on the Exchange on a cum entitlement basis according to the Rules of the Exchange.
Number of new shares/securities issued (units) (If applicable)
Entitlement indicator Ratio
Ratio 3 : 2
Rights Issues/Offer Price 0.4

Remarks :
The Abridged Prospectus, together with the Notice of Provisional Allotment and the Rights Subscription Form (collectively referred to as the “Documents”) in relation to the Rights Issue will only be despatched to the shareholders whose names appear on the Record of Depositors at 5.00 p.m. on 16 March 2015 (“Entitled Shareholders”).

The Documents will only be sent to the Entitled Shareholders who have a registered address or an address for service in Malaysia. Entitled Shareholders who do not have a registered address or an address for service in Malaysia and who wish to change their address to Malaysia should inform their respective stockbrokers as well as the Share Registrar of Hwa Tai to effect the change of address. Such notification should be done by 5.00 p.m. on 16 March 2015.

The Documents will be despatched to the Entitled Shareholders not later than two (2) market days from the entitlement date.

This announcement is dated 2 March 2015.

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