MCLEAN TECHNOLOGIES BERHAD

KLSE (MYR): MCLEAN (0167)

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Last Price

0.245

Today's Change

-0.005 (2.00%)

Day's Change

0.245 - 0.25

Trading Volume

20,000

IPO Info
Offer Period

Opening

2011-04-21

Closing

2011-04-21

Time Table

Allotment Date

2011-05-09

Listing Date

2011-05-10

Price

Issue Price

0.52

Units

117,400,000

Share Capital

0.000

No of Shares

Public Issue

15,400,000

Offer for Sale

11,050,000

Private Placement

19,650,000

Issuing House

MIH 514

ISIN Code

MYQ0167OO005

Prospectus:

INITIAL PUBLIC OFFERING IN CONJUNCTION WITH OUR LISTING OF MCLEAN TECHNOLOGIES BERHAD ("MCLEAN") ON THE ACE MARKET OF BURSA MALAYSIA SECURITIES BERHAD ("ACE MARKET") COMPRISING:-

(I) PUBLIC ISSUE OF 15,400,000 NEW ORDINARY SHARES OF RM0.25 EACH IN MCLEAN ("SHARES"), TOGETHER WITH 7,700,000 FREE NEW WARRANTS COMPRISING:-

• 8,600,000 NEW SHARES, TOGETHER WITH 4,300,000 FREE NEW WARRANTS, BY WAY OF PRIVATE PLACEMENT TO IDENTIFIED INVESTORS;

• 4,100,000 NEW SHARES, TOGETHER WITH 2,050,000 FREE NEW WARRANTS, MADE AVAILABLE FOR APPLICATION BY BUSINESS ASSOCIATES OF THE MCLEAN GROUP (AS DEFINED HEREIN); AND

• 2,700,000 NEW SHARES, TOGETHER WITH 1,350,000 FREE NEW WARRANTS, MADE AVAILABLE FOR APPLICATION BY THE PUBLIC

AT AN ISSUE PRICE OF RM0.52 PER SHARE PAYABLE IN FULL UPON APPLICATION; AND

(II) OFFER FOR SALE OF 11,050,000 EXISTING SHARES, TOGETHER WITH 5,525,000 FREE WARRANTS, AT AN OFFER PRICE OF RM0.52 PER SHARE BY WAY OF PRIVATE PLACEMENT TO IDENTIFIED INVESTORS, PAYABLE IN FULL UPON APPLICATION.

MCLEAN-NoticeOfProspectus (80KB).pdf

MCLEAN-Cover to Page 250 (2.9MB).pdf

MCLEAN-Page 251 to Page 487 (2.5MB).pdf

MCLEAN-NoticeOfProspectus (80KB).pdf

MCLEAN-Cover to Page 250 (2.9MB).pdf

MCLEAN-Page 251 to Page 487 (2.5MB).pdf

Discussions
2 people like this. Showing 50 of 1,711 comments

cK1973

still weak ....
good EP....
perhaps next week further down?....
better EP?.....

2024-08-02 19:04

Chong3710

You are right it’s below 0.300.

2024-08-05 10:10

nbatofu

not bad, alrdy bounced back!

2024-08-06 15:59

Schwoosh

hantam saja!!

2024-08-19 16:41

OldtimerTrader

Run? support loss

2024-08-22 16:35

djrajan

support will hold strong....

2024-08-22 16:41

cK1973

looks not so strong....
need to wait....
stay tune guys....

2 months ago

astor1es

bought 0.28

2 months ago

cK1973

perhaps 25-28 range will be played....
tough for all penny stocks.....

2 months ago

orbiter

Rebound easily

2 months ago

Schwoosh

Good result, ride the DC trend

2 months ago

astor1es

big wall big wall...

2 months ago

Amnesia52

wait some signal 1st

2 months ago

cK1973

sangkut.....
no choice....
wait ......

2 months ago

cK1973

have to wait....
range 25-28 now....
if below 25, maybe can average down a bit.....
hopefully.....

2 months ago

fregend

q some at 0.25-0.26, good company can hold

2 months ago

meowmeister

wait lower price to enter

2 months ago

jooortp

Alr low price for long time you never bought? lol

2 months ago

fregend

lets go!

1 month ago

PuaQW91

Mclean is going to expand into plastic injection moulding business

https://www.thestar.com.my/business/business-news/2024/10/09/mclean-technologies-diversifies

1 month ago

orbiter

Mclean wash up slowly, continue to hold support at 0.28-0.29

1 month ago

Awang123

Pengembangan yg bagus. MCLEAN akan memecah 30 sen semula

1 month ago

astor1es

Clean Technologies Bhd has proposed several strategic moves aimed at solidifying its financial position and diversify its revenue stream, which includes an acquisition of a plastic injection moulding business from We Total Engineering Sdn Bhd at net book value of RM6.0mn

1 month ago

meowmeister

Catch the rebound on Monday, resistance 0.30

1 month ago

Augustine

The acquisition amount of We Total Engineering is based on the net tangible asset (NTA) value. Hence, the acquisition was viewed as a good deal as it not only secured fair value for the business but also provided MCLEAN with significant future profits

1 month ago

Schwoosh

diversify plan is here, time for Mclean to rebound back 0.30

1 month ago

djrajan

MCLEAN are providing high-quality precision cleaning services which is growing rapidly following DC trend in the corner, demand is growing steadily

1 month ago

Chong3710

Segate is gaining momentum, hopefully the effect will be felt here as well.

1 month ago

orbiter

Re-enter 0.255, wait for rebound next few weeks

1 month ago

Awang123

Teka ia akan naik tinggi selepas private placement 🙂

1 month ago

meowmeister

Ez rebound for MCLEAN, tq for cheap tickets

1 month ago

Augustine

Seagate reported an excellent results recently and they expects HDD demand to pick up pace going ahead

https://www.msn.com/en-us/money/savingandinvesting/will-seagate-continue-to-gain-from-increasing-mass-capacity-demand/ar-AA1s2xCQ

1 month ago

Schwoosh

hantam saja, big discount and heading back 0.30

4 weeks ago

PuaQW91

I guess I would pick up some before its Q3 results are out

4 weeks ago

astor1es

Market red what to do, next week comeback stronger

3 weeks ago

LalisaFang

Then we buy when market is red as it's better than chasing high later on

3 weeks ago

meowmeister

continuing monitor, this week or nxt got bigchance rebound back

3 weeks ago

Awang123

Menurut Dufu, permintaan HDD meningkat didorong oleh penjualan semikonduktor global yang tinggi. Mclean barangkali akan menjana pendapatan yg bagus

2 weeks ago

Schwoosh

0.25 best price gogogo, cheap sale while double down on hard disk demand

2 weeks ago

Augustine

Total HDD shipments in C3Q 2024 were up about 6.0% compared with C2Q 2024 (32.1M versus 30.3M). Demand for HDDs is indeed rising !

https://www.forbes.com/sites/tomcoughlin/2024/10/28/c3q-2024-hdd-industry-update/

2 weeks ago

djrajan

Give Mclean some time, with precision cleaning demand increases eventually will come back stronger

2 weeks ago

orbiter

bouncing back from 0.25, big hopes for MCLEAN hitting 0.30 again

2 weeks ago

PuaQW91

AI is driving memory (HDD etc) and storage demand. Let's accumulate

2 weeks ago

astor1es

most HDD related counter already moving, next is MCLEAN

1 week ago

fregend

back to sleep?

1 week ago

meowmeister

Mclean conserving energy for next pump... relax....

1 week ago

Chong3710

Will it hit 0.30?

1 week ago

Chong3710

The next NOTION in the making?

6 days ago

OldtimerTrader

will bounce back 0.30 one day

2 days ago

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