KLSE (MYR): FAVCO (7229)
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Last Price
1.85
Today's Change
-0.01 (0.54%)
Day's Change
1.85 - 1.88
Trading Volume
20,200
Opening
Closing
Allotment Date
Listing Date
Issue Price
-
Units
-
Share Capital
0.000
Public Issue
-
Offer for Sale
-
Private Placement
-
-
-
(I) PUBLIC ISSUE OF 48,000,020 NEW ORDINARY SHARES OF RM0.50 EACH COMPRISING:
• UP TO 30,587,520 NEW ORDINARY SHARES OF RM0.50 EACH BY WAY OF A RENOUNCEABLE RESTRICTED ISSUE TO THE ENTITLED SHAREHOLDERS OF MUHIBBAH ENGINEERING (M) BHD ON THE BASIS OF ONE (1) NEW ORDINARY SHARE IN FAVELLE FAVCO BERHAD FOR
EVERY FIVE (5) EXISTING ORDINARY SHARES IN MUHIBBAH ENGINEERING (M) BHD HELD BY THE
ENTITLED SHAREHOLDERS OF MUHIBBAH ENGINEERING (M) BHD AT 5.00 P.M. ON 23 JUNE 2006;
• UP TO 6,086,300 NEW ORDINARY SHARES OF RM0.50 EACH BY WAY OF A SPECIAL ISSUE TO BUMIPUTERA INVESTORS APPROVED BY THE MINISTRY OF INTERNATIONAL TRADE AND INDUSTRY; AND
• 13,000,000 NEW ORDINARY SHARES OF RM0.50 EACH AVAILABLE FOR APPLICATION BY DIRECTORS AND ELIGIBLE EMPLOYEES OF MUHIBBAH ENGINEERING (M) BHD, FAVELLE FAVCO BERHAD AND ITS SUBSIDIARIES AND PERSONS WHO HAVE CONTRIBUTED TO THE SUCCESS OF FAVELLE FAVCO BERHAD AND ITS SUBSIDIARIES
(II) OFFER FOR SALE OF 22,000,000 ORDINARY SHARES OF RM0.50 EACH COMPRISING:
• 19,800,000 ORDINARY SHARES OF RM0.50 EACH RESERVED FOR BUMIPUTERA INVESTORS APPROVED BY THE MINISTRY OF INTERNATIONAL TRADE AND INDUSTRY; AND
• 2,200,000 ORDINARY SHARES OF RM0.50 EACH BY WAY OF PRIVATE PLACEMENT TO IDENTIFIED INVESTORS
AT AN ISSUE/OFFER PRICE OF RM0.55 PER ORDINARY SHARE PAYABLE IN FULL UPON APPLICATION IN CONJUNCTION WITH ITS LISTING ON THE SECOND BOARD OF BURSA MALAYSIA
SECURITIES BERHAD
FAVELLE-Cover-Definitons-Contents(970KB).pdf
FAVELLE-CorpDirectory-Summary-IPODetails-RiskFactors(832KB).pdf
FAVELLE-IndustryOverview-GroupInfo(1.1MB).pdf
FAVELLE-InfoOnPromoters-ApprovalsConditions-ConflictOfInterest-OtherInfo(874KB).pdf
FAVELLE-HistoricalFinancial-ProformaConsolidated-ManagementDiscussion-FutureFinancialInfo(915KB).pdf
FAVELLE-AccountantsRpt(780KB).pdf
FAVELLE-AuditorsReport(Part 1)(1.1MB).pdf
FAVELLE-AuditorsReport(Part 2)(921KB).pdf
FAVELLE-AuditorsReport(Part 3)(968KB).pdf
FAVELLE-DirectorsRpt-SummaryIndependentMarket-ESOSbye-Laws(1.5MB).pdf
FAVELLE-ExpertRpt-Statutory&GeneralRpt(1.4MB).pdf
FAVELLE-NoticeofProspectus.pdf
FAVELLE-ApplicationProcedures(694KB).pdf
FAVELLE-Cover-Definitons-Contents(970KB).pdf
FAVELLE-CorpDirectory-Summary-IPODetails-RiskFactors(832KB).pdf
FAVELLE-IndustryOverview-GroupInfo(1.1MB).pdf
FAVELLE-InfoOnPromoters-ApprovalsConditions-ConflictOfInterest-OtherInfo(874KB).pdf
FAVELLE-HistoricalFinancial-ProformaConsolidated-ManagementDiscussion-FutureFinancialInfo(915KB).pdf
FAVELLE-AccountantsRpt(780KB).pdf
FAVELLE-AuditorsReport(Part 1)(1.1MB).pdf
FAVELLE-AuditorsReport(Part 2)(921KB).pdf
FAVELLE-AuditorsReport(Part 3)(968KB).pdf
FAVELLE-DirectorsRpt-SummaryIndependentMarket-ESOSbye-Laws(1.5MB).pdf
FAVELLE-ExpertRpt-Statutory&GeneralRpt(1.4MB).pdf
FAVELLE-NoticeofProspectus.pdf
FAVELLE-ApplicationProcedures(694KB).pdf
FAVELLE-AccountantsRpt(780KB).pdf
FAVELLE-HistoricalFinancial-ProformaConsolidated-ManagementDiscussion-FutureFinancialInfo(915KB).pdf
FAVELLE-NoticeofProspectus.pdf
FAVELLE-AuditorsReport(Part 2)(921KB).pdf
FAVELLE-ApplicationProcedures(694KB).pdf
FAVELLE-CorpDirectory-Summary-IPODetails-RiskFactors(832KB).pdf
FAVELLE-DirectorsRpt-SummaryIndependentMarket-ESOSbye-Laws(1.5MB).pdf
FAVELLE-AuditorsReport(Part 3)(968KB).pdf
FAVELLE-InfoOnPromoters-ApprovalsConditions-ConflictOfInterest-OtherInfo(874KB).pdf
FAVELLE-Cover-Definitons-Contents(970KB).pdf
FAVELLE-AuditorsReport(Part 1)(1.1MB).pdf
When Director is selling / buying with insider information, Bursua/SC should scrutinise the transactions!!!
2022-05-27 09:53
already told u all last time sell son Favco swap to mother Muhibbah cos all the Favco cash transferred to Muhibbah
2022-05-27 09:59
Hi hi, cannot trap me, i already know before ex date and sold before ex date as the chart with flat top depicts operator not going to push (as i entered second time at above rm3.20) and also afraid majority shareholders would sell and let you no chance to escape since Muhibbah need fund (opinion).
2022-05-27 10:09
based on my past experience, when a common owner move money from company X to company Y, means he is shifting attention from X to Y. The smart move is Sell X swap to Buy Y.
in this case, X is Favco, Y is Muhibbah.
2022-05-27 10:10
But you need to know why Muhibbah need fund ??? Is Muhibbah doing any job of Sapura energy since in trouble???
2022-05-27 10:16
@snowball2000
110 posts
Posted by snowball2000 > 3 hours ago | Report Abuse
When Director is selling / buying with insider information, Bursua/SC should scrutinise the transactions!!!
________
Fake account like serb also not a big deal , what more u want expect our sleeping beauty !
2022-05-27 13:11
Like cantonese people always says " where got such huge toad waiting for catching on the street " ?? Use your brain to think twice before staying in VIP room permanently !
2022-05-27 13:11
Considering serb and other irregularities in the market, this starts to feel like a SCAM.... :(((
2022-05-27 17:01
recession coming, favco is very very vulnerable because it has net cash 0! all already taken out
2022-06-20 16:04
Ex-dividend price should have been 2.40 (3.25 - 0.85)... It drops non-stop since going ex-div, really scary......
2022-06-21 12:19
Confirmation of direction by end Aug 2022 with next quarterly announcement...
2022-07-04 10:40
QR is better than my expectation... However, cash position turned from +182mil to -37mil. Interest income will go down while interest expense is expected to rise...
2022-08-26 12:35
There may be impact on the company's ability to take on big project as well...
2022-08-26 12:35
Net profit 21mil include impairment.
If exclude all the one off items, core net profit should be 41m !!!
2024-02-26 19:09
U.s imposed 25% tariff on China made crane~ good for Favco.
Ship-to-Shore Cranes
The tariff rate on ship-to-shore cranes will increase from 0% to 25% in 2024.
2024-05-15 09:31
Final dividend 9 cent waiting for AGM approval . Expecting to be paid in SEP.
2024-06-08 07:52
sten_still
Since tomorrow is ex-date for dividen, tomorrow price should open low -RM0.85, OPEN price should at rm2.41 if refer to current price rm3.26. Correct me if im wrong
2022-05-24 14:06