JERASIA CAPITAL BHD

KLSE (MYR): JERASIA (8931)

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2 people like this.

469 comment(s). Last comment by mf 2023-08-21 14:06

Asyraf96

500 posts

Posted by Asyraf96 > 2020-10-27 11:29 | Report Abuse

Can limit up

Posted by therookieechingchong > 2020-11-03 13:44 | Report Abuse

just wait patiently

Posted by therookieechingchong > 2020-11-09 17:02 | Report Abuse

50 cents, I wonder who is supporting the price.

Posted by therookieechingchong > 2020-12-02 18:47 | Report Abuse

The Group’s capital raising exercise by way of a Rights Issue to capitalise, as announced on 10 August 2020, is pivotal and on track.

It will deleverage the Group’s bank borrowings and will address liquidity issues due to cash
flow mismatches. In addition, plans are actively being undertaken to deepen and expand the Group's entry into the healthcare segment.

FutureGains

10,707 posts

Posted by FutureGains > 2021-01-01 20:08 | Report Abuse

Monitor 35c

scriptx

6 posts

Posted by scriptx > 2021-01-08 11:45 | Report Abuse

limit up today?

Posted by therookieechingchong > 2021-01-08 16:06 | Report Abuse

rise perhaps on insider for their circular to be announce today?

scriptx

6 posts

Posted by scriptx > 2021-01-09 11:34 | Report Abuse

good news coming?

FutureGains

10,707 posts

Posted by FutureGains > 2021-01-09 20:44 | Report Abuse

aborted yest.becos MCO.....monday monitor.Could be limit up
.

fankl113

83 posts

Posted by fankl113 > 2021-01-10 09:55 | Report Abuse

What news is it?

DreamKeeper

1,243 posts

Posted by DreamKeeper > 2021-01-30 05:10 | Report Abuse

Jerasia looking to raise RM261 million for entry into rubber gloves business

https://www.theedgemarkets.com/article/after-ppe-foray-mango-brand-retailer-jerasia-looks-raise-rm261m-glove-business

satha44

1,749 posts

Posted by satha44 > 2021-01-30 07:38 | Report Abuse

Jerasia quarterly results...not so great..
But this company may have hit the right note by venturing into Gloves and PPE....look at the cases..5725.
With only 80+ million shares....a limit up one of these days is highly likely....will monitor trades from next week..
If it retest the 4 weeks high.....49sens..only then uptrend is intact....lets c

Kingston1

1,718 posts

Posted by Kingston1 > 2021-01-30 11:30 | Report Abuse

我记得老千无常之前有说jerasia有做防护服,怎么业绩还这么烂?果然是老千!

cch1025

8 posts

Posted by cch1025 > 2021-02-01 02:15 | Report Abuse

Been losing 91sen for past 3 quarters and likely to lose again coming next quarter. Revenue also down a lot as business badly affected due to pandemic. High borrowing is of great concern and to venture into glove making now by raising funds through yet too be approved right issue is deemed optimistic.
It seems that even the land in NS is yet to be purchased and the factory also not constructed. Not to mention machineries been not installed and workers yet recruited and trained.
As from article from Edge, "Subject to the completion of the factory, the first glove dipping lines is expected to be commissioned by the second half of 2021." Is really a gigantic task and hope they will succeed and do wish them well.
01/02/2021 2:10 AM

noah

408 posts

Posted by noah > 2021-02-02 20:54 | Report Abuse

Golden Global was incorporated in Malaysia on 1 July 2020 as a private limited company. The
principal activity of Golden Global is in the business of original equipment manufacturing,
trading, marketing of nitrile and latex gloves. Golden Global is the registered brand owner for
gloves known as “Golden Care”.
As at 27 January 2021, being the latest practicable date prior to the date of this
announcement (“LPD”), the issued share capital of Golden Global is ((RM100,000)) comprising
100,000 ordinary shares. The SOLE director and shareholder of Golden Global is Streram A/L
Sinnasamy.

Jerasia agrees to supply to Golden Global and Golden Global agree to purchase
from Jerasia minimum of 72,000,000 boxes of latex and nitrile examination
gloves within 3 years from the effective date of the Offtake Agreement or such
further period as may be mutually agreed in writing between the parties, with
a monthly minimum volume commitment of 2,000,000 boxes throughout the
said 3 years period.

The purchase consideration of the latex and nitrile examination gloves shall be
at the prevailing average selling price of such products in Malaysia.

Yeah...
This deal sounds pretty convincing

Posted by therookieechingchong > 2021-02-03 12:28 | Report Abuse

if by average of RM20 per box, the revenue will be 40mil per month? minus out their COGS, likely will turn the company's P&L around when it starts and reflect on next year. However we need to monitor the ASP as well.

wongchin

1,006 posts

Posted by wongchin > 2021-03-08 23:25 | Report Abuse

Today dt knw u eat my 5 small lot at 31 cent??

aa88

526 posts

Posted by aa88 > 2021-04-27 22:19 | Report Abuse

green today good sign

Keyman188

5,968 posts

Posted by Keyman188 > 2021-05-09 14:59 | Report Abuse

After 25 Years, ESPRIT Will Be Closing Down ALL Malaysian Stores By End Of June

## https://worldofbuzz.com/after-25-years-esprit-will-be-closing-down-all-malaysian-stores-by-end-of-june/



Let the newbies refresh & recall the well-know garment chain news...

Posted by GoodOmens > 2021-06-02 10:44 | Report Abuse

0.60 before July

Lee007

51 posts

Posted by Lee007 > 2021-07-26 09:25 | Report Abuse

How big is the show? Flying.

man8748

41 posts

Posted by man8748 > 2021-07-26 09:35 | Report Abuse

Great....suddenly spike up, any news ?

bulldog

12,157 posts

Posted by bulldog > 2021-07-26 10:11 | Report Abuse

Accumulation in progress

Huat chaiii

mimisita

348 posts

Posted by mimisita > 2021-07-26 11:53 | Report Abuse

better take profit before they dump

greenish

19 posts

Posted by greenish > 2021-08-03 09:47 | Report Abuse

i already stuck....looking some miracle....

Solomon7

370 posts

Posted by Solomon7 > 2021-08-05 19:46 | Report Abuse

Greenish, I think miracle coming

mimisita

348 posts

Posted by mimisita > 2021-08-06 11:11 | Report Abuse

miracle to holland

greenish

19 posts

Posted by greenish > 2021-08-13 08:58 | Report Abuse

still...redish....i hate it...solomon7...any luck?

wongchin

1,006 posts

Posted by wongchin > 2021-08-20 15:20 | Report Abuse

Up like a roket. Bt down also like a stall car without hand brek. Hehe

mimisita

348 posts

Posted by mimisita > 2021-08-22 13:13 | Report Abuse

when theres nobody care about this shit.. this shit will shine bright your eyes very soon

Michael Kwok

6,435 posts

Posted by Michael Kwok > 2021-08-23 17:47 |

Post removed.Why?

dompeilee

11,888 posts

Posted by dompeilee > 2021-08-24 09:05 | Report Abuse

Default in payment. HABISSSSssssss.......

messi

279 posts

Posted by messi > 2021-08-24 09:18 | Report Abuse

The Board of Directors of JCB wishes to announce that Jerasia Fashion Sdn. Bhd. ("JFSB"), the wholly-owned subsidiary of the Company had on 6 August 2021 received a winding-up petitition dated 21 July 2021 and Affidavit Verifying Petition of Chin Weng Cheow and Lily Lim affirmed on 26 July 2021 served onto JFSB, by Ambank (M) Berhad.

Please refer to the attachment for further details.


e) The total cost of investment in JFSB is RM23,604,020.00. This amount has been fully written off as impairment losses in the 30 November 2020 audited accounts.

f) The financial and operational impact of the winding-up proceedings on the group The Winding-Up Petition no longer has any financial and operational impact on the Company as JFSB is winding down its business operations.

g) The expected losses, if any arising from the winding-up proceedings The Company is not expected to incur any further loss arising from the Winding-Up Petition.

h) The steps taken and proposed to be taken by the Company/JFSB in respect of the winding-up proceedings Upon receipt of the winding-up proceedings from AMB, the Company together with
its solicitors had made representations and continued to actively engage with AMB and their solicitors to resolve this matter.
The Company has finally received a formal letter from AMB dated 19th August 2021 confirming granting the Company an indulgence of time of up to 4th November
2021 to facilitate the completion of the Company’s proposed corporate exercise which involves a capital raising exercise via rights issue and private placement of shares wherein part of the proceeds will be applied to partially pare down the bank borrowings with lenders on a pari-passu basis which includes AMB.

The announcement is dated 23 August 2021.

aa88

526 posts

Posted by aa88 > 2021-08-24 10:33 | Report Abuse

buy on news

mimisita

348 posts

Posted by mimisita > 2021-08-25 15:48 | Report Abuse

buy on news and ride speed boat to longkang

Posted by scouzerkopend90 > 2021-08-26 01:23 | Report Abuse

Banker already accumulate at bottom. MACD on 1H candle is bullish. This counter will fly from 0.20 cents

mimisita

348 posts

Posted by mimisita > 2021-08-26 11:17 | Report Abuse

lol.. another one taken a lot of weed

mimisita

348 posts

Posted by mimisita > 2021-08-26 11:17 | Report Abuse

pn17 soon.... still dream to fly?

wongchin

1,006 posts

Posted by wongchin > 2021-08-26 12:58 | Report Abuse

Jerasia no more hand brek going down hill.

Posted by kacangtrader > 2021-08-27 17:25 | Report Abuse

Die

j450n

450 posts

Posted by j450n > 2021-09-21 11:35 | Report Abuse

Jerasia lost mango brand? Heard Wing Tai took over

davidkkw79

5,068 posts

Posted by davidkkw79 > 2022-10-27 19:54 | Report Abuse

Moon ! Let goreng tomorrow ! Very Chun Result !!! Ini kali lar
https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3302364

Income

12,307 posts

Posted by Income > 2023-01-21 17:12 | Report Abuse

Sales keep on dropping. Why?

Income

12,307 posts

Posted by Income > 2023-01-21 17:12 | Report Abuse

Happy Chinese New Year.

j450n

450 posts

Posted by j450n > 2023-01-27 16:01 | Report Abuse

when they lost ck jeans, nike and their crown jewel mango, everything went down hill

mf

29,135 posts

Posted by mf > 2023-08-21 14:06 | Report Abuse

8931 JERASIA, JERASIA CAPITAL BHD - +
JERASIA - DE-LISTING OF THE ENTIRE ISSUED SHARE CAPITAL OF JERASIA
21 Aug 2023, 11:08
JERASIA - DE-LISTING OF THE ENTIRE ISSUED SHARE CAPITAL OF JERASIA
JERASIA - DE-LISTING OF THE ENTIRE ISSUED SHARE CAPITAL OF JERASIA
ILC-21082023-00011
Kindly be advised that the entire issued share capital of JERASIA will be
removed from the Official List of Bursa Malaysia Securities Berhad with effect
from 9.00 a.m., Thursday, 24 August 2023 pursuant to paragraph 16.11(2)(d)(ii)
of the Main Market Listing Requirements. Kindly refer to the Company's
announcements dated 12 April 2023, 13 April 2023 and 14 April 2023.
VP, Issuers
You are advised to read the entire contents of the announcement or attachment.
To read the entire contents of the announcement or attachment, please access
the Bursa website at http://www.bursamalaysia.com

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