SNS NETWORK TECHNOLOGY BERHAD
KLSE (MYR): SNS (0259)
You're accessing 15 mins delay data. Turn on live stream now to enjoy real-time data!
Last Price
0.54
Today's Change
-0.01 (1.82%)
Day's Change
0.54 - 0.555
Trading Volume
6,609,300
IPO Info
Offer Period
Opening
2022-07-27
Closing
2022-07-27
Time Table
Allotment Date
2022-09-01
Listing Date
2022-09-02
Price
Issue Price
0.25
Units
1,612,779,660
Share Capital
153,839,037.000
No of Shares
Public Issue
362,875,500
Offer for Sale
48,383,400
Private Placement
233,853,100
Issuing House
MIH - 615
ISIN Code
MYQ0259OO000
Prospectus:
INITIAL PUBLIC OFFERING IN CONJUNCTION WITH OUR LISTING ON THE ACE MARKET OF BURSA MALAYSIA SECURITIES BERHAD ("BURSA SECURITIES") COMPRISING: (I) PUBLIC ISSUE OF 362,875,500 NEW ORDINARY SHARES IN OUR COMPANY ("SHARES") IN THE FOLLOWING MANNER: - 80,639,000 NEW SHARES AVAILABLE FOR APPLICATION BY THE MALAYSIAN PUBLIC; - 48,383,400 NEW SHARES AVAILABLE FOR APPLICATION BY OUR ELIGIBLE DIRECTORS, EMPLOYEES AND PERSONS WHO HAVE CONTRIBUTED TO THE SUCCESS OF OUR GROUP; - 201,597,500 NEW SHARES BY WAY OF PRIVATE PLACEMENT TO BUMIPUTERA INVESTORS APPROVED BY THE MINISTRY OF INTERNATIONAL TRADE AND INDUSTRY; AND - 32,255,600 NEW SHARES BY WAY OF PRIVATE PLACEMENT TO SELECTED INVESTORS AND (II) OFFER FOR SALE OF 48,383,400 EXISTING SHARES BY WAY OF PRIVATE PLACEMENT TO SELECTED INVESTORS AT AN ISSUE/OFFER PRICE OF RM 0.25 PER SHARE, PAYABLE IN FULL UPON APPLICATION.
SNS Network Tecnhology Berhad - Detailed Procedures for E-IPO Share Application and Acceptance.pdf
SNS Network Technology Berhad - Prospectus Part 1.pdf
SNS Network Technology Berhad - Prospectus Part 2.pdf
Discussions
4 people like this. Showing 50 of 2,448 comments
From what I understand NVIDIA will approach MNC's and introduce to SNS and the training will be provided by DELL
2 months ago
malaysias investors very interesting ? nat 15c buy 60c , nat 1.22 sold 33c ?? why ???
2 months ago
sadly sns has weak momentum due to ESOS..
its hard to rebounce back above rm0.65..
tut tut
better switched to JTGroup,uue,even more better is vtc
2 months ago
Need to wait 2025 to rebounce? so sad for this counter sobsob. Other related counter start to rebouce slow & steady, but to see this counter above Rm1 such a dreams before this. Esos & decline in 2 QR seem it’s quite hard to rebouce in the near time. Maybe for long term investment it’s look bright. The volume also become lower, maybe Sns need other institutions fund like kwap or kwsp to gain the high potential
2 months ago
Below 50 cents alrdy hard to get ... 20 cents, need to wait for WW III or economy crisis
2 months ago
SNS is gone already. Brain dead. Even resuscitation will not come back due to hypoxia in the brain. Doctor just declare dead. It is a fact for now.
1 month ago
Where are all the buzzing sounds like integration with healthcare, strong sales globally of data center equipments, listed into main board and so on & so forth. Are they all make up stories just to con investors !
1 month ago
Russia says Ukraine attacked it using U.S.-made missiles, signals it’s ready for nuclear response
1 month ago
Step by step inching towards 0.30 during IPO. Perhaps delist from main board as a result. Stay tuned for the bad news.
1 month ago
Got in at 0.525-535. Price seemed bottomed recently at 0.48 having retraced almost 50% from 0.95 top. Hoping for rebound to 0.65 soon.
3 weeks ago
Will SNS obtain some contracts from Nationgate and distribute this AI server ? https://www.thestar.com.my/business/business-news/2024/12/05/nationgate-launches-its-latest-ai-server
2 weeks ago
https://www.thestar.com.my/business/business-news/2024/06/28/sns-network-receives-rm8552mil-purchase-order-for-ai-super-servers https://leveldevildash.com/
SNS Network has secured a purchase order worth RM85.52 million for AI super servers. The company expects this order to significantly contribute to its sales, aligning with its targets for AI hardware this year. The revenue from the deal is anticipated to be reflected in the financial results for the third quarter ending October 31, 2024.
With the Q3 report due on December 13, expectations are high for strong performance. Could the early dividend declaration be a strategic signal from management about upcoming positive results?
1 week ago
so waiting for correction to enter? foreseen the result will be better compare to previous quarter
1 week ago
So far SNS no show. Let's see this cumming Q3 results. Investors expectations are high.
1 week ago
Besides good QR results, Group's Prospects of the latest QR report has an important point:
"The Group will be launching our first-ever SNS AI GPU-as-a-Service (“GPUaaS”) in Malaysia."
SNS will fly tomorrow.
1 week ago
Dow Jones
Dow Jones Industrial Average
43,914.12
-234.44
0.53%
Nasdaq
NASDAQ Composite
19,902.84
-132.05
0.65%
1 week ago
Dow Jones
Dow Jones Industrial Average
43,075.38
-374.52
0.86%
Nasdaq
NASDAQ Composite
19,852.17
-256.88
1.27%
3 days ago
The future of AI is being built today as Malaysia’s first NVIDIA H100-powered GPU-as-a-Service installation is underway. SNS AI Factory is proud to lead the way in enabling advanced AI workloads with GPUaaS, empowering organisations to unlock new possibilities in artificial intelligence.
Stay tuned for what’s next in this transformative journey.
1 day ago
Post a Comment
Featured Posts
Introducing MY's First IPO Fund for Sophisticated Investors!
New Update. Discover investment communities that resonate with your ideas
M & A Value Partners IPO Equity Fund has been launched - Targeted 13% Return p.a
Latest Videos
Apps
Top Articles
1
Rakuten Trade Research Reports
2
Stock Market Enthusiast
Top 3 AI/Data Center Newsflow for the 3rd Week of December - #TENAGA, #YTL, #YTLPOWER
3
save malaysia!
4
Good Articles to Share
5
Good Articles to Share
6
Good Articles to Share
Gaza ceasefire deal 'closer than ever', says Hamas and two allies
7
Good Articles to Share
Ryan Serhant makes bold pitch to fix the housing ‘affordability crisis’
8
Good Articles to Share
#
Stock
Score
Daily Stocks
Stock Name
Last
Change
Volume
Stock Name
Last
Change
Volume
Stock Name
Last
Change
Volume
Featured Advertisers / Partners
Ride The Bull Short The Bear
CS Tan
4.9 / 5.0
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
TheRockster
https://www.instagram.com/p/DASJlYuPcUL/ something to do with this
2 months ago