Posted by ryong92 > 2017-04-11 21:55 | Report Abuse

ICQH will listed on bursa? And what is the price after bonus issue? How many share we will get on ICQH for each of the Rev share ?

Posted by pang72 > 2017-04-12 09:31 | Report Abuse

With Alibaba on board + Ajib,s DFTZ project master planner....It is very undervalued

Posted by mjsim1990 > 2017-04-12 10:08 | Report Abuse

Excerpt from THE STAR:

As for REV, which holds a diversified portfolio of digital publications and businesses, the group’s pivot into large-scale property development with KL Internet City (KLIC) has recently dominated the chatter in investment forums and blogs.

The group’s share price nearly doubled following the announcement of KLIC on March 23 as REV’s parent company, Catcha group, was appointed as a strategic partner to develop the five million sq ft site into a digital hub for global and local Internet-related companies targeting the South-East Asian market.

In previous Bursa filings, REV disclosed that it is undertaking a series of corporate exercises to ensure that there are sufficient retained earnings to facilitate the distribution-in-specie.

These include a reduction in the par value of its shares as well as a reduction in its share premium.

ICQH is a special-purpose vehicle (SPV) which holds REV’s stake in ASX-listed iCar Asia Ltd comprising 52.5 million shares. The distribution means that shareholders will be entitled to one ICQH share for every one REV share held.

According to REV in a Bursa filing on Monday, the ex-date for the share distribution exercise involving 134.64 million ICQH shares is on April 21 while the entitlement date will be by 5pm on April 26.

For shareholders, a single ICQH share entitles them to the equivalent to around 0.39 iCar shares on a pro rata basis. A single iCar share is currently worth 26.5 Australian cents based on its last traded price yesterday.

While this arrangement gives minority shareholders an upside should iCar’s share price appreciates, disposing of the stake would be a challenge as the iCar shares would still be held by the SPV.

Another development that has piqued investors’ interest is REV’s ongoing placement exercise towards bumiputra investors. This will see the company’s share base enlarged by up to 12.5% in complicance with bumiputra equity ownership guidelines for public-listed companies.

The placement could see the entry of a new entity with a substantial sway over REV’s future business direction. The investors in question would also have to be approved by the International Trade and Industry Ministry prior to completion.

On the other hand, fixing the price for these special issue shares would be a challenge, given the volatile movement in REV’s stock price over the past month.

The group had indicated in a past Bursa filing that the pricing must be not exceed a discount of 5% over the stock’s five-day volume weighted average market price immediately prior to the price fixing date.

Posted by mjsim1990 > 2017-04-12 11:29 | Report Abuse

IMO, the bumiputra placement exercise will always be maximum 5% lower than 5 days MA market price, doesn't matter what price it is in.

Depending on when they are going to start placement exercise, they will that the 5 days MA market price from there and then

With those fresh capital coming in from the placement exercise, can't wait to see what REV is going to bring for the days ahead =)

Posted by mjsim1990 > 2017-04-12 11:31 | Report Abuse

Hahaha, on these days I wish I am a Bumi

Posted by Deegodee > 2017-04-13 11:41 | Report Abuse

why drop so much?

Posted by y4ng19961 > 2017-04-13 15:23 | Report Abuse

Is time to buy in more to make average price low?

Posted by Huat168 > 2017-04-19 18:51 | Report Abuse

After 21th apr the icq shares distributed to us, will there be price adjustment to REV share? thanks

Posted by Huat168 > 2017-04-19 19:01 | Report Abuse

Or REV price will be adjusted after 26th apr?

Posted by leslieroycarter > 2017-04-20 10:24 | Report Abuse

I business will b the future business. Like it or not , we have no choice but have to follow the tides of modernization n advancement of technologies.

Posted by leslieroycarter > 2017-04-20 17:08 | Report Abuse

ICQ shot up to 29.5 Aus cts from 26c.....good for those who r having icq shares distributed by Rev....

Posted by Apollo Ang > 2017-04-21 09:11 | Report Abuse

rev now ex dividend yet still 0.73? including ICQ AUS 28cts, today rev is worth 0.73+0.95=RM 1.68 is it?

Posted by long16 > 2017-04-21 09:11 | Report Abuse

Price correction today? How do we check if we have been issued ICQ shares?

Posted by Apollo Ang > 2017-04-21 09:23 | Report Abuse

anyone care to explain? I no understand why rev price so high?

Posted by Apollo Ang > 2017-04-21 09:45 | Report Abuse

icg hlgs paid in RM or AUSD?

Posted by Apollo Ang > 2017-04-21 10:10 | Report Abuse

know lah just don't know why ex price rev still so high? yesterday those who bought rev make a lot is it?

Posted by cfchere > 2017-04-21 10:10 | Report Abuse

Pls don't mistaken ICQH for ICQ

Posted by Apollo Ang > 2017-04-21 10:16 | Report Abuse

now rev 0.81cts+ ICQ holdings at 27cts AUSD(RM0.918cts)= RM 1.72.8 now is it?

Posted by leslieroycarter > 2017-04-21 10:24 | Report Abuse

i think the calculation shall be 40% of icq asx x Aus 29c + present Rev ex price shall be correct
Calculation:
40/100*99c approx 40c
84.5 c
=124.5
Compared with highest 122
Diff 2.5 c

Posted by Apollo Ang > 2017-04-21 10:26 | Report Abuse

why 40% given only I tot 1 for 1?

Posted by leslieroycarter > 2017-04-21 10:30 | Report Abuse

taitaumau VERY IMPORTANCE INFORMATION FOR YOUR PERUSAL

Based on the latest shareholder circular dated 20.10.2016

(1) REV hold 52,500,000 icar asia limited (ICQ) listed at ASX
(2) REV incorporated ICQ holdings bhd (with 134,640,020 share capital)
(3) REV share capital 1s also 134,640,020 shares.
The distribution of ICQ holdings share to REV is 1:1
(4) Please note that each ICQ holdings share own only 0.3899 share of
icar asia limited on a pro rata basis

The above is based on understanding.
Do COUNTER check with your remiser/accountant

Posted by sam6644 > 2017-04-21 10:33 | Report Abuse

Distribution exercise of 134,640,020 ordinary shares of ICQ Holding Berhad ("ICQH")("ICQH Shares"), a wholly-owned subsidiary of Rev Asia Berhad("Rev Asia"), by way of a distribution-in-specie of ICQH Shares to the entitled shareholders of Rev Asia, on the basis of one (1) ICQH Shares for every one (1) share held in Rev Asia ("Rev Asia Share") on the Entitlement Date("Distribution In-Specie")

1:1
21 Apr 2017
26 Apr 2017

Posted by leslieroycarter > 2017-04-21 10:33 | Report Abuse

See (4)Please note that each ICQ holdings share own only 0.3899 share of icar Asia limited on a pro rata basis....

Posted by gohky87 > 2017-04-21 11:37 | Report Abuse

is this share worth to buy now at 0.84?

Posted by leslieroycarter > 2017-04-21 11:39 | Report Abuse

No one knows.....u have to decide for yourself....

Posted by Apollo Ang > 2017-04-21 11:40 | Report Abuse

aiya no buy will only up, if we buy 50,000 at 84cts, we'll wait to cut loss at 80cts and below

Posted by leslieroycarter > 2017-04-21 11:51 | Report Abuse

To me I like to hold shares listed in Klse n ASX . Whether icq share can succeed in ASX or not is a different story, For longer term , I think icq dealing in icar business got its potentials to expand into other ASEAN markets where majority of car buyers r here . Though presently not so popular does not mean its business platform will not be the favorite later . Just like online buying n selling , it has generated more business than conventional ones in coming years compared a few years ago . The most important thing is Cost . If overall costs lowered greatly n prosedural wise being safe guarded, more will be attracted in icar business to avoid the hassles in tackling all the rudiments in car purchasing n selling. I m pretty sure that if safety measures being well taken care of , many will be interested in the platform prescribed. Just sharing....not a recommendation to buy or sell.

Posted by Tang Sze Yeng > 2017-04-22 08:56 | Report Abuse

https://i3investor.wordpress.com/

Posted by leslieroycarter > 2017-04-25 14:45 | Report Abuse

Icq in Aus now 29c

Posted by Khoo Peng Soon > 2017-04-25 17:10 | Report Abuse

when can get icq share and how to trade it?

Posted by leealex24 > 2017-04-26 13:46 | Report Abuse

Guys, this ICQ share to be given is the one listed in aust?

Posted by jackieong > 2017-04-26 16:44 | Report Abuse

I checked with the REV registrar and was told that ICQH is not listed in any stock exchange and the share certificates will be sent to shareholders in one month's time from entitlement date.

Posted by leealex24 > 2017-04-26 23:42 | Report Abuse

How much does a stock worth?

Posted by janedoh > 2017-04-27 10:34 | Report Abuse

once we receive the share certificate how do we liquidate it if we want to sell it?

Posted by leslieroycarter > 2017-04-27 15:56 | Report Abuse

Icq must keep for your children........

Posted by cherinelee > 2017-05-05 09:47 | Report Abuse

Finally it's moving

Posted by leslieroycarter > 2017-05-05 10:33 | Report Abuse

It is trading lower than TP 96c...mmmmmm

Posted by cherinelee > 2017-05-05 10:44 | Report Abuse

1.07

Posted by Mohd Fahmi Bin Jaes > 2017-05-05 11:00 | Report Abuse

tp 1.20

Posted by leslieroycarter > 2017-05-05 13:30 | Report Abuse

solid bullish indicator.....

Posted by stockjobber > 2017-05-05 20:59 | Report Abuse

REV asked for voluntary suspension on Mon pending a material announcement.. Good news ??

Posted by Hunger > 2017-05-06 07:07 | Report Abuse

This company got related to DFTZ?tot Netx is the one doing alipay for DFTZ...hmmm

Posted by calvinteo > 2017-05-07 12:52 | Report Abuse

ANOTHER DEEP SEA/ RED SEA COUNTER

Chapter 1- Price Movement - Dividend In Specie 1: 1 (ICQ- i-car)

Price surged and limit up during announcement of Dividen in Spesis. Shareholder entitled for ICQ Holding Berhad ( iCar ).

On the 11th of April 2017, REV price surged to historical high of RM1.22 from RM 0.93 sen, and closed at RM 1.08, almost reaching the limit up price of RM 1.23.

As for the ex-date on the 21st of April 2017, REV price has surged from the lowest price of RM 0.65 sen to RM 0.86 and closed at RM 0.82 sen.

Chapter 2- Price Movement- Request For Suspension on the 5th of May 2017

On the 5th of May 2017, REV priced surged from the lowest at RM 0.835 sen to the highest at RM 1.07 and then closed at RM 0.965 sen with 4.7625M volume traded.

Media Prima Bhd also requested for suspension and pending the release of a material announcement.

Both counters suspended as reported in Bursa and highlighted again by BNmenang in I3 – Media Prima’s forum and azlan88 on the 5th of May 2017 and 6th of May 2017 respectively. It's highlighted in Sin Chew business news too.

Coincidence? Similar nature of business transaction?

If good news for REV (based on Friday priced surged), shall it be another round of sweetened award to the existing shareholder?

Price may test another new record high and limit up as per Chapter 1 imo ?

Note: Invest and or trade at your own risk

Chapter 3- Special Bumiputera Issue of up to Approx. 12.5 %
As reported in Page 90 of 2016 Annual Report.............

Posted by cherinelee > 2017-05-08 07:57 | Report Abuse

Today bfm radio, media prima interested in buying rev asia............

Posted by sam6644 > 2017-05-08 10:16 | Report Abuse

today still suspend. when it will open for trade?

Posted by cherinelee > 2017-05-08 10:28 | Report Abuse

Tomorrow

Posted by sam6644 > 2017-05-08 10:41 | Report Abuse

tq cherinelee, hopefully it will be good news

Posted by cherinelee > 2017-05-08 10:43 | Report Abuse

http://www.thestar.com.my/business/business-news/2017/05/08/media-prima-eyeing-rev-asia-portals/

Posted by leslieroycarter > 2017-05-08 16:20 | Report Abuse

Digital media is for the future so just keep for future will b the answer. Another bonus u got the share ICQ listed in ASX as well. Thus double bonus for those who bought with bonus right.

Posted by Hunger > 2017-05-08 17:04 | Report Abuse

careful with the star reporting,a lot of ppl kena cheat like malton case.look at how it crashed