Source: https://klse.i3investor.com/servlets/stk/ipo/7245.jsp
Timestamp: 2019-12-15 14:22:29
Document Index: 147628265

Matched Legal Cases: ['art 1', 'art 2', 'art 1', 'art 2', 'art 1', 'art 2']

WZSATU (7245): WZ SATU BHD - IPO Info | I3investor
KLSE: WZSATU (7245) WZ SATU BHD MAIN : Industrial Products
0.21 -0.005 (2.33%) 0.205 - 0.215 856,200
RENOUNCEABLE RIGHTS ISSUE OF UP TO 55,000,000 NEW ORDINARY SHARES OF RM0.50 EACH IN WZ SATU (“RIGHTS SHARES”) AT AN ISSUE PRICE OF RM0.60 PER RIGHTS SHARE ON THE BASIS OF ONE (1) RIGHTS SHARE FOR EVERY TWO (2) EXISTING ORDINARY SHARES OF RM0.50 EACH IN WZ SATU HELD BY THE SHAREHOLDERS OF WZ SATU AS AT 5.00 P.M. ON 15 APRIL 2014
WENGZ- NoticeOfProspectus (24KB).pdf
WENGZ-Cover-Definitions-Contents-Summary-IPODetails-RiskFactors (Part 1) (2.2MB).pdf
WENGZ-AccountantsRpt (Part 2)-ReportingAccountants-ValuationCert-ExecSummary (Part 1) (2.7MB).pdf
WENGZ-ExecSummary (Part 2)-DirectorsRpt-OtherGenInfo-ApplicationProcedures (2.2MB).pdf
WENGZ-Promoters-ApprovalConditions-RPT-OtherInfo-FinancialInfo-AccountantsRpt (Part 1) (2.8MB).pdf
WENGZ-RiskFactors (Part 2)-GroupInfo (3.1MB).pdf
WZSATU-AbridgedProspectus.pdf
WZSATU-NPA & RSF Form.pdf
azhargoth 220 slowly disposed... good luck
20/11/2019 10:14 AM
Klse_faizan run bro. no good.
20/11/2019 11:49 AM
Sneakpeek Wait until 20c la
20/11/2019 11:54 AM
azta12 grab some
whitesheep u turn soon
20/11/2019 5:16 PM
Sneakpeek lost for the past 2 years has effectively wiped out all the previous profit..now to bid project no money need to issue ICPS.
KoonYewSiong67 good news comming soon?
KoonYewSiong67 collect collect
21/11/2019 12:18 PM
Sneakpeek No volume
21/11/2019 12:49 PM
gsrajan Knowledge Sharing
http://guruonlinenews.com/bauxite-mining-market-with-economic-growth-and-five-forces-analysis-by/
ming Ready to subscribe lo.. add the rights
21/11/2019 10:55 PM
Tva17 Keep dropping... Sad
22/11/2019 11:44 AM
Klse_faizan g luck.
22/11/2019 3:16 PM
Sneakpeek beware.. average TP is 14c.
22/11/2019 6:44 PM
tumbler Ya. Let it drop kaw kaw. Me go to sapu again.
22/11/2019 7:44 PM
michaelwong Proposal for right issues have dampened the share price . The share price b4 the announcements have started to move forward pending approval for lifting ban on bauxite. Now , the reversal.......Sian already . Shared dilution and investors have to prepare to fork out money for right issues subscribtion
22/11/2019 7:55 PM
lamy92 wcehb right issue on monday..down again
Hotboy Right issues
25/11/2019 2:51 PM
gsrajan https://www.theedgemarkets.com/article/wz-satu-bags-rm121m-construction-job-kedah-rubber-city?type=malaysia
26/11/2019 5:51 AM
seanlee16834 The right issue will only be completed in 2Q,2020. Still got 6 months to go up
26/11/2019 7:08 AM
azta12 grab and hold
26/11/2019 9:20 AM
azta12 KUALA LUMPUR: WZ Satu Bhd
has been appointed as contractor to undertake earthworks and infrastructure works for Phase 1 of the Kedah Rubber City (KRC) project (Package 1) worth RM121.5mil.
Its wholly-owned construction and civil engineering subsidiary, WZS BinaRaya Sdn Bhd, has accepted the award from the Northern Corridor Implementation Authority (NCIA), the company said in a filing with Bursa Malaysia.
WZ Satu said its unit’s scope of works covered the earthworks, infrastructure works, reservoir tank, bridge works and street lighting services.
The project, located in Padang Terap, will begin on Dec 2, 2019, and completed by Dec 2, 2021. — Bernama
26/11/2019 9:28 AM
Sneakpeek WZ SATU BERHAD: (MYR0.215) Kedah Rubber City project in the pocket but…
WZ Satu’s wholly-owned subsidiary WZS BinaRaya S/B was awarded a MYR121.5m contract to undertake earthworks and infrastructure works for the Kedah Rubber City phase 1 project for the Northern Corridor Implementation Authority. The project, which will commence on 2 Dec 2019, is expected to be completed by 2 Dec 2021.
While this project win is positive, execution is key to success. The group was in the red for the past two years. In FY8/19, results were dragged by its civil engineering and construction division as well as the oil and gas segment. That said, the group has an order book of about MYR756m in hand, which could keep the group busy over the next one year. As for its bauxite mining, operations have not resumed to date, pending government’s directive.
As operational risk is real, investors may want to stay on the sidelines until the group returns to profitability. It is understood that management is undertaking cost rationalizing exercises, which include but not limited to downsizing of workforce and rationalization of resources. Meanwhile, its net gearing was at 0.56x at end-Aug 2019.
Valuation wise, the stock is trading at a P/B of 0.80x, a tad below its 3-year historical average P/B of 0.85x. Note that warrants are not included in BV/sh computation as they are out-of-the-money.
26/11/2019 12:54 PM
tomwah hold hold
27/11/2019 1:47 PM
Sneakpeek Mayday.. Mayday.. even with new contract the price still falling..
27/11/2019 5:10 PM
tumbler Dont worry got AGONG mah.AGONG company sure got a lot of business on the way. Actually AGONG counter more safer than TUN M or ANWAR counter.
27/11/2019 5:16 PM
kslee81 Tomorrow good news coming
27/11/2019 10:26 PM
nahcee What news? This counter eat vigra also useless.
28/11/2019 8:42 AM
Sneakpeek everyday waiting for good news since April.. haha..
29/11/2019 2:31 AM
whitesheep no news is good news
29/11/2019 11:10 AM
jutawansenyap News must come with technical move first.That is call operator will sell on news.I see big collection 19.5 cents. Will have technical move next week.
armadatuah2017 Dont blindly tap in despite current price does look attractive. RI soon as the company is running out of cash flow. So expect it will be goreng to the highest possible to have better RI price despite capping at Rm0.13 as minimum. It is a risky counter but the tide will be there
30/11/2019 6:49 AM
armadatuah2017 How many projects secured dont matter if continue sufferng losses.
armadatuah2017 0.18 ill be in.....
30/11/2019 6:50 AM
tumbler Agong in the house , scare what. Me accumulate 750k shares , want to accumulate another 1mil shares. Better drop until 0.13 cepat , let me accumulate somemore
Sneakpeek No hope la.. It moving towards 14c. that is the true value.
kslee81 Coming
tomwah Vet very soon.
tomwah Trgt. .30
04/12/2019 11:59 AM
wjc4195 Buy back tomorrow jump sky high
michaelwong Take into account of the dilution first.
GG7448 41 mil shares traded off market yesterday @ 0.220. Another positive news coming?
05/12/2019 8:23 AM
stncws 41M DBT...BUT SAME PRICE@22
05/12/2019 8:27 AM
stncws maybe resue those 19c
05/12/2019 9:25 AM
whitesheep likely new investor coming in and more good news in future
05/12/2019 10:52 AM
VerySmallFish What is happening here, klse is so bad movement on sentiment not fundamentals
GG7448 Company Director bought 5 mil share @ 0.242 and 41 mil share @ 0.220... the share price should be higher from current... buy before too late !!!
10/12/2019 10:03 AM
khaiyangt https://www.klsescreener.com/v2/announcements/view/3081996
13/12/2019 6:58 PM