INSAS BHD

KLSE (MYR): INSAS (3379)

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Last Price

0.905

Today's Change

0.00 (0.00%)

Day's Change

0.895 - 0.91

Trading Volume

220,100

IPO Info
Offer Period

Opening

Closing

Time Table

Allotment Date

Listing Date

Price

Issue Price

-

Units

-

Share Capital

0.000

No of Shares

Public Issue

-

Offer for Sale

-

Private Placement

-

Issuing House

-

ISIN Code

-

Prospectus:

RENOUNCEABLE RIGHTS ISSUE OF UP TO 132,604,152 NEW REDEEMABLE PREFERENCE SHARES IN INSAS TOGETHER WITH UP TO 331,510,380 FREE DETACHABLE WARRANTS ON THE BASIS OF 2 RIGHTS RPS AND 5 WARRANTS FOR EVERY 10 EXISTING ORDINARY SHARES HELD BY THE ENTITLED SHAREHOLDERS, AT 5.00 P.M. ON 3 FEBRUARY 2021 AT AN ISSUE PRICE OF RM1.00 PER RIGHTS RPS

INSAS-Abridged Prospectus.pdf

INSAS - NPA & RSF Form.pdf

Discussions
43 people like this. Showing 50 of 47,357 comments

Sslee

Insas is selling below it net cash and below its holding in Inari alone.
So if you find such undervalued stock just buy bit by bit.

1 month ago

Income

Sslee Sir, u can buy here bit by bit bcos u have mani. I not orang kaya.

1 month ago

Income

Sslee Sir , I suggest you to buy Kapchai stok = ASB. People said it is Pmx frens stok bohhh.

1 month ago

Income

If insas = undervalued, WHY EPF doesn’t want to buy Insas to keep leh???
EPF must be sto-0pid to turn a blind eye at “undervalued “ insas???

1 month ago

Tatooine

Because Thong who controls the useless board will do nothing. If you invest in insas everyone knows you are trapped unless the old man does something and the chances of that are little. That is why no one big will ever invest in insas. Same reason it is so undervalued as the real value will only come if something changes and at the moment and for many years does not happen

1 month ago

Sslee

Watch out this date

INSAS BERHAD - WARRANTS 2021/2026 MAIN : Finance
Type: Warrants
Listing Date: Mar 05, 2021
Maturity Date: Feb 28, 2026
Issue Size: 331,510,380
Exercise Price: MYR 0.90
Ratio: 1:1

1 month ago

speakup

this will cause Insas share price to hover around 90sen throughout 2025

1 month ago

Tatooine

And last time what happened, thong let all the warrants expire. It will happen again.

1 month ago

Sslee

The last time because of market meltdown due to covid-19 lockdown.
This time round will be Thong and PAC last chance to increase their holding from 32.96% to over 50%.

Any thing below 90 sen, I will collect more.

1 month ago

BLee

“Tatooine > And last time what happened, thong let all the warrants expire. It will happen again.”

It has nothing due to last time; it is the Exercise Price vs Price at Maturity Date. Below is the data:‐
Insas-WC, price as at 20 Dec. 2024: MYR0.14
Maturity Date: 28-Feb-2026
Issue Size: 331,409,290
Exercise Price: MYR 0.90
Ratio: 1:1
Underlying Stock INSAS, price as at 20 Dec. 2024: MYR 0.91
Intrinsic Value: 0.01 (7%)
Time Value: 0.13 (93%)
Premium: 0.13 (14.28%)
Gearing: 6.50

If the Intrinsic Value is negative, might as well collect from the market and let the Warrant Expired..for a Happy Trading and TradeAtYourOwnRisk

1 month ago

Income

It’s still not undervalued now.
Better put your mani in FD to get interest than buying Insas now!
The contrarian also not here anymore zzzz

1 month ago

Income

I suggest you all buy Genm now = very very undervalued.
ASB kapchai stok also very undervalued now…

1 month ago

Lpc1225

祝願大家投資有成
祈望英莎助小股東圓夢

1 month ago

Income

Insas got hope or not?

1 month ago

Tatooine

Insas Board sell more share in inari to cover losses at insas . Completely incompetent board and management, always blame ukraine and everything in the world rather than admit they are useless

1 month ago

Sslee

Despite insas selling inari shares, insas still hold below lnari shares
Total (units) 516,252,976
Total (%) 13.62
Date of Notice 30-Dec-2024

1 month ago

jjohnchew

Oh on sslleee beloved stock Insas Value Trap :


Hoho Insas the only best investment is on Inari .. Why ??? 




Dato' Dr Lee Chung Wah spent more than a decade in financial technology when he assumed the position of CEO and executive director of J & C Pacific Sdn Bhd (a subsidiary of INSAS Berhad, which is listed on the Main Board of Bursa Malaysia) from 2009 to 2016. He was in charge of several business units in Asean region. 



He was in charge of several business units in Asean region. As a serial techno entrepreneur and investor, he is one of the partners of International Supply Chain Alliance Ltd. Hong Kong, a leading supply chain and logistics platform internet company which owns www.oym56lm.com with main operations in the Greater China. 




As an active Fintech entrepreneur, Dato' Dr Lee was listed as an inventor to several granted patents under the Patent Cooperation Treaty and World Intellectual Property Organization in Australia, Singapore, United States of America and others. Prior to that, he was the general manager of INSAS Berhad from 2006 to 2007. 



👉👉👉Hoho How Good is Insaf Investment after 2017 ??? 


Omesti ? Hohup ? Microlink ? Divfex ? Fashion n Beverage company ( not listed ) , and Duramitt ( a glove company, thru associate company Divfex ( from 19% to 25% to current ard 34 % ) invested RM 40 Million in Duramitt ( 50.1 % ) on November 2020 .. New Glove factory is Operational on June 2021 .. How much is the Losses Until Today ??? 

Even no corporate structure that use to plan corporate taxes …shl stripping u slowly n softly…


 👉 Hoho I am posted Top Glove TP RM 3.40 on 4/12/2020 , ard 2 weeks earlier than JPM TP RM 3.50 .. 
 




And posted the study on Nitrile Gloves Demand vs Supply of 7 Local Gloves company on August 2020 that Supply Shl fulfil Demand in 12 months … 




👉As posted earlier , Insaf keep selling Inari Shares although market price is Low on 2019..at prices ranging from RM 1.68 to RM 1.81 , ( of coz Insaf buying price is low .. as low as ard RM 0.38 .. I did bought Insaf n Inari during Ah Sweet keep buying Inari .. with mentioned Dato' Dr Lee Chung Wah background…

Insaf holding Inari shares is greatly reduced from 2012 … 43 % to currently

1 month ago

Income

Year of snake,do you know what l mean?
It's a Dangerous Job.

4 weeks ago

TheContrarian

How's my favourite stock doing? Insas cantik.

3 weeks ago

xiaoeh

wah...
how have u been ThContrarian?
long time no show up...

3 weeks ago

TheContrarian

Went touring the world.

3 weeks ago

TheContrarian

Every quarter, this time December 2024, Insas will sell some Inari shares to book gains.

3 weeks ago

TheContrarian

Posted by Income > 2 weeks ago | Report Abuse

If insas = undervalued, WHY EPF doesn’t want to buy Insas to keep leh???
EPF must be sto-0pid to turn a blind eye at “undervalued “ insas???

EPF memang bodoh.

3 weeks ago

TheContrarian

I used to make lots of money from bodoh EPF in Affin. Whenever bodoh EPF sells I collect. Then EPF suddenly collects I sell to them.

3 weeks ago

jomvalueinvest2

Then you trade just like foreign funds, TheContrarian 😆

3 weeks ago

TheContrarian

I where got trade? I invest.

3 weeks ago

curiousq

be careful of all the counters related to Mr Thong

toxic chinaman

3 weeks ago

xiaoeh

regardless of trade la, invest la or gambling la
to me all acceptable as long as win rate is high
what the use of one label himself as a die-hard investor but keep losing money or not making money...😂

3 weeks ago

TheContrarian

Who die-hard investor?

3 weeks ago

xiaoeh

those who only accept people calling them investor and strictly reject the name of trader but not performing well 😂
ofcoz those who performing well are exception😂😂😂

3 weeks ago

Tatooine

Insas warrant crashing

3 weeks ago

Tatooine

Some people dumping warrants. Everyone just given up on the board and thong. I hear sadly he lost his wife end of last year. Dont think he is bothered about company anymore

3 weeks ago

Tatooine

Perhaps if thong has given up he sell off everything and return money to shareholders!! At least rm3 per share return just from cash and inari shares

3 weeks ago

Tatooine

Insas also selling more and more inari shares even after end of quarter.. perhaps finally shareholders will get value

3 weeks ago

Tatooine

Everyone is dumping insas like the lost company it is, just shocking bad management and corruption.

2 weeks ago

TheContrarian

Insas MGO on track ........ in about 13 months.

2 weeks ago

Tatooine

Not going to happen, the reason the warrants are being dumped and now so cheap as no one believes that

2 weeks ago

TheContrarian

In about 13 months time Ah Thong will exercise all his warrants at 90 sen requiring him to make a MGO at 90 sen.

2 weeks ago

Sslee

https://www.insas.net/ar-gm.html

AGM key matters discussed publish at above Insas Website link

2 weeks ago

Income

Year of snake,do you know what l mean?
It's a Dangerous Job.

2 weeks ago

TheContrarian

MGO will take place in the year of the 🐎

1 week ago

calvintaneng

TheContrarian

Go buy

SUPERMAX
HEXCAP
TENAGA NATIONAL
TSH RESOURCES

KEEP SAFE

2 days ago

calvintaneng

SUPERMAX (7106) IN CYCLICAL UPTURN (NOT AFFECTED BY DEEPSEEK) AS IT IS INTO HEALTHCARE; TOTALLY UNRELATED BUSINESS), Calvin Tan

https://klse.i3investor.com/web/blog/detail/www.eaglevisioninvest.com/2025-01-30-story-h498586274-SUPERMAX_7106_IN_CYCLICAL_UPTURN_NOT_AFFECTED_BY_DEEPSEEK_AS_IT_IS_INTO_

2 days ago

TheContrarian

All the comments on Thong's grand plan on Insas have been removed.

2 days ago

TheContrarian

@calvintaneng, thank you, I have my own selection method.

2 days ago

yewsop

市场是有规律可循的,市场的规律源于不变的人性,学会价格变动背后的力量和催化因素是困难。

2 days ago

ocbc

In the SGX context, the privatization rules are different than those for Bursa Malaysia. SGX rules require any privatization to be fair and reasonable. This means that the offer price should reflect the value of the securities and not just the market price.

This is unlike Bursa Malaysia where an offer can be unfair but reasonable. It does not reflect the value of the securities but is in line with the market price.

1 day ago

xiaoeh

Insas-WC
Maturity date 28/02/2026
Exercise Price 0.90

Dear Experience Sifus
can share share your knowledge on the below?
How will Insas share price drop below 0.90 affects both Insas and Insas-WC holder and Mr Thong...?

2 hours ago

speakup

If below 90sen, insas-wc is worth nothing

2 hours ago

xiaoeh

Noted and Thanks Speakup sifu

1 hour ago

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