QUOTE(phoenix87 @ Jul 18 2012, 11:41 PM)
Wow! Can yamcha if you free! New IPO : OCK Group Berhad, ACE Market
New IPO : OCK Group Berhad, ACE Market
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Jul 18 2012, 11:42 PM
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All Stars
17,876 posts Joined: Jan 2005 |
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Jul 18 2012, 11:43 PM
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Senior Member
1,219 posts Joined: Nov 2010 |
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Jul 18 2012, 11:46 PM
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Senior Member
709 posts Joined: Mar 2010 |
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Jul 19 2012, 12:03 AM
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All Stars
17,876 posts Joined: Jan 2005 |
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Aug 23 2012, 11:33 AM
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Junior Member
29 posts Joined: Jan 2010 |
It is time to watch round 1
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Aug 2 2013, 06:51 PM
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Senior Member
7,142 posts Joined: Oct 2008 From: Sin City |
OCK places out 25.9m shares to LTAT, to issue RM150m sukuk
OCK Group Bhd, a telecommunication network services firm, announced it has entered into a subscription agreement with Lembaga Tabung Angkatan Tentera (LTAT) for the placement of 25.9 million shares, representing 10% of OCK’s issued and paid up capital. In a press statement, it also said it has received approval from the authorities for the issuance of a RM150 million Sukuk. “The placement shares have been fixed at an issue price of RM0.47 per share, which represents a discount of approximately 9.75% to the five-day weighted average market price of OCK shares,” said the statement. “With the proceeds of RM12.173 million, the group intends to utilise the funds for the group’s regional expansion plans and working capital,” it added. OCK said its unit OCK Yangon Pte Ltd in Myanmar has been issued with a “Final Business License” from the Ministry of National Planning and Economic Development of Myanmar. “With LTAT investing in the group, we foresee that there will be many business opportunities going forward with the government agency, in particular Ministry of Defense for their M&E works. Having a strong shareholder like LTAT gives the group the leverage to further enhance the Group’s portfolio as well as regional expansion.” said Sam Ooi, managing director of OCK, in the statement. |
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Aug 12 2013, 06:12 PM
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Junior Member
29 posts Joined: Jan 2010 |
0.64
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Aug 19 2013, 10:08 PM
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Junior Member
30 posts Joined: Aug 2010 |
What is the earning per share of OCK?
Is it still the worth price to buy-in? |
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Sep 23 2013, 02:58 PM
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Senior Member
7,142 posts Joined: Oct 2008 From: Sin City |
OCK Group launches RM150m Sukuk programme
OCK Group Bhd has launched a RM150mil Sukuk programme with a tenure of up to 20 years. Its managing director Sam Ooi said on Monday the proceeds from the Sukuk programme would be utilised for its telecommunication network services segment. OCK also plans to build and acquire more telecommunication towers, which it will later lease to telecommunication operators. "The number of towers we will acquire or build will depend on the demand from operators," he said at a press conference after the launch. According to Ooi, a three-legged tower costs between RM250,000 and RM 300,000 while the cost to build a rooftop site is RM60,000. He said the demand for rooftop sites is 70% compared to 30% towers. He said the company was in talks with interested parties to subscribe to its Sukuk programme but "nothing has been firmed up yet". |
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Sep 23 2013, 03:30 PM
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Senior Member
3,459 posts Joined: Jan 2009 |
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Sep 23 2013, 03:42 PM
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Senior Member
1,219 posts Joined: Nov 2010 |
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Oct 30 2013, 07:27 PM
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Senior Member
10,001 posts Joined: May 2013 |
Alliance IB has been acting as the Sponsor of OCK since the Company was admitted to the ACE Market of Bursa Malaysia Securities Berhad ("Bursa Securities") on 17 July 2012 ("Sponsor"). Alliance IB's role as the Sponsor of OCK is due to expire on 31 December 2013.
The Board of Directors of OCK had, on 5 August 2013, been informed by Alliance IB that Alliance IB is no longer eligible to act as a sponsor under the ACE Market Listing Requirements. The Company had also been informed by Alliance IB that, Bursa Securities had, on 30 August 2013, approved Alliance IB's application to continue to act as a Sponsor for OCK up to 31 October 2013. Pursuant to the above, the Board of Directors of OCK wishes to announce that Alliance IB and the Company have mutually agreed to discontinue Alliance IB's role as the Sponsor of OCK with effect from 1 November 2013. The Board of Directors of OCK also wishes to announce that RHB Investment Bank Berhad has been appointed as the new Sponsor of the Company with effect from 1 November 2013 to 31 October 2014. This announcement is dated 30 October 2013. |
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Nov 27 2013, 06:51 PM
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Senior Member
10,001 posts Joined: May 2013 |
Quarterly rpt on consolidated results for the financial period ended 30/9/2013
http://www.bursamalaysia.com/market/listed...cements/1475181 |
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May 14 2014, 06:38 PM
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Senior Member
7,142 posts Joined: Oct 2008 From: Sin City |
OCK Group plans transfer to Bursa Main Market, bonus share issue
Bursa Malaysia ACE Market-listed OCK Group Bhd is planning a listing transfer to the Main Market. In a statement to the exchange today, telecommunication-network services firm OCK said it had also proposed a bonus issue of up to 177.1 million new shares. The bonus issue will be on the basis of one bonus share for every two existing units held in the firm. "The proposed transfer signifies the growth of the group in the form of its scale of operations as well as its profitability in meeting the profit track record requirements for a transfer to the Main Market of Bursa Securities. "The proposed transfer is expected to offer the company greater recognition and acceptance by investors, including institutional investors, to reflect the group's current level of operations," OCK said. |
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May 15 2014, 04:14 PM
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Junior Member
254 posts Joined: May 2014 |
QUOTE(davinz18 @ May 14 2014, 06:38 PM) OCK Group plans transfer to Bursa Main Market, bonus share issue this is operation vietnam ,are effect?Bursa Malaysia ACE Market-listed OCK Group Bhd is planning a listing transfer to the Main Market. In a statement to the exchange today, telecommunication-network services firm OCK said it had also proposed a bonus issue of up to 177.1 million new shares. The bonus issue will be on the basis of one bonus share for every two existing units held in the firm. "The proposed transfer signifies the growth of the group in the form of its scale of operations as well as its profitability in meeting the profit track record requirements for a transfer to the Main Market of Bursa Securities. "The proposed transfer is expected to offer the company greater recognition and acceptance by investors, including institutional investors, to reflect the group's current level of operations," OCK said. |
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May 15 2014, 04:20 PM
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Senior Member
7,142 posts Joined: Oct 2008 From: Sin City |
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