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 Senheng New Retail Berhad (5305), Main Market

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TSnexona88
post Jul 8 2021, 06:35 PM, updated 12 months ago

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Senheng is principally an investment holding company, while its proposed subsidiaries are involved in the retail of consumer electrical and electronic products.


Proposed initial public offering of 389,500,000 ordinary shares in Senheng (“Shares”) in conjunction with the listing of Senheng on the Main Market of Bursa Malaysia Securities Berhad comprising:-

i. proposed public issue of 250,000,000 new Shares (“Issue Shares”) comprising:-

30,000,000 Issue Shares to the Malaysian public;

22,500,000 Issue Shares to eligible directors, employees, and other persons who have contributed to the success of Senheng and its subsidiaries;

48,000,000 Issue Shares by way of private placement to Bumiputera investors approved by the Ministry of International Trade and Industry of Malaysia (“MITI”); and

149,500,000 Issue Shares by way of private placement to institutional and selected investors.

ii. proposed offer for sale of 139,500,000 existing Shares by way of private placement to Bumiputera investors approved by the MITI.

This post has been edited by nexona88: Jan 8 2022, 04:03 PM
TSnexona88
post Jul 8 2021, 08:58 PM

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Well...
Owner see opportunity... To make some $$$
Hot IPOs market... Liquidity is huge source....
Just list, sure oversubscribed one...
TSnexona88
post Jul 8 2021, 09:39 PM

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Let's see how much the pricing first...

But basically...
Applying when open..
How many shares.. see my financial position that time 😁
TSnexona88
post Jul 8 2021, 11:03 PM

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Hmm...
Looks like this also gonna be one hot IPO for the year...

Many expected to buy, when the details not fully out yet tongue.gif

This post has been edited by nexona88: Jul 8 2021, 11:04 PM
TSnexona88
post Jul 9 2021, 10:22 AM

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QUOTE(xander83 @ Jul 9 2021, 05:02 AM)
Sunset industry who on earth gonna buy 🤦‍♀️
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They got online store too??
If u don't know about it 😁
TSnexona88
post Jul 9 2021, 12:21 PM

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as long delist above IPO price...
good enough whistling.gif

(as if we gonna hold that long laugh.gif laugh.gif)
TSnexona88
post Aug 9 2021, 11:06 PM

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QUOTE(kopiride @ Aug 9 2021, 06:51 PM)
good buy. I always buy from sen heng. Warranty easy, join member get discount. Sometimes price more expensive than other place but extra 1 year warranty. service top notch.
going to put 20% of my investment into this.
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But some says it's sunset industry...
No hope already...
Vendor shareholders is just finding some waterfish to push their shares 😁
TSnexona88
post Nov 16 2021, 04:02 PM

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Senheng New Retail gets SC nod to list on Main Market
https://www.thestar.com.my/business/busines...-on-main-market

Senheng is expected to list in January 2022 dry.gif
TSnexona88
post Nov 16 2021, 04:21 PM

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QUOTE(tehoice @ Nov 16 2021, 04:13 PM)
what do you think of this retail distribution business model?
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well..

the margin is just okay..
competition sure high.. thanks to online shopping (which they also have)...
pricing wise... higher... but not as high like Harvey Norman tongue.gif
alot of branch too... many major city have 1 outlets.. plus point...
TSnexona88
post Dec 25 2021, 08:48 PM

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QUOTE(Pinvader @ Dec 23 2021, 04:43 PM)
user posted image
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Oh nice 🥳🎉👌
TSnexona88
post Jan 1 2022, 02:32 PM

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QUOTE(brutus @ Jan 1 2022, 01:08 PM)
After flooding, many need new electrical items?
For fun, just apply and see if get allocated or not. whistling.gif
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Not only electrical....
Other household items too...
Related stocks

Buy Buy Buy
Demands outstrips supply 🎉
TSnexona88
post Jan 2 2022, 07:56 PM

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QUOTE(KING ANGPOW$ @ Jan 2 2022, 04:07 PM)
:thumbsup:  rclxm9.gif

saw  sardine pack  Sengheng  sales before new  year 2022 :thumbsup:  thumbup.gif
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Later more people would go all out 👌
After getting the $$ from Gomen....
TSnexona88
post Jan 4 2022, 09:56 AM

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Buy Buy Buy..
Got some prospect... Especially many have lost/damaged their electronics stuff during recently floods... Which SenHeng sells...

How much?
Not make decisions yet 🤪

This post has been edited by nexona88: Jan 4 2022, 09:56 AM
TSnexona88
post Jan 7 2022, 11:06 AM

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QUOTE(kb2005 @ Jan 6 2022, 10:48 PM)
Your old account kena ban?
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Spam too much...
Many butthurt report against the original account 😬
Whatever....

New or old...
Same thing write & input style 🧐
TSnexona88
post Jan 10 2022, 02:28 PM

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QUOTE(C_ST @ Jan 10 2022, 01:27 PM)
Although SenHeng and MrDIY are both retail business, but dont think can compare directly as operation method are totally different...
Also cannot compare with HV, SH dont sell furniture... big different yeah...

Same with someone above, dont think SH can go over RM1.50 on first day... Maybe few months down the road can... Bet on ur own risk and Good luck to those applied
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U really believe what He says...
That one TCSS King 👑 Don't take seriously. Pure enjoyment only 🧐🧐.

His MO always got 88...
Either 88c or 1.88 RM 🤣😜🤪

This post has been edited by nexona88: Jan 10 2022, 02:29 PM
TSnexona88
post Jan 13 2022, 02:19 PM

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QUOTE(bluemountains @ Jan 12 2022, 08:55 PM)
50,316,200 or 26.9% of the shares reserved for MITI was not taken up.

Hope there is no avalanche on 25/1/2022.
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This kinda "bad" news...

Don't expect anything extraordinary opening when listing...
Average or below IPO is possible...
TSnexona88
post Jan 14 2022, 09:01 PM

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QUOTE(IPO ADDICT @ Jan 14 2022, 07:31 PM)
Looks pretty Good IPO
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Welcome to Lowyat Forum 😛
TSnexona88
post Jan 15 2022, 10:25 AM

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QUOTE(coolguy99 @ Jan 14 2022, 01:16 PM)
Got 7k units. Don't know happy or sad now lol
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Sure happy lah 🎉🥳

Many nons especially... Failed...
The other group... No needed to say... Got additional shares given... So total offered in retail is more 💪
TSnexona88
post Jan 15 2022, 12:13 PM

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Many places get 2k $$$ cash

Some badly damage like in Sri Muda & Hulu Langat gets 4.5k $$$ cash...

So most likely the $$ gone to repair house & damage stuff in house... Cannot cover all.. but the basic electrical stuff...


TSnexona88
post Jan 16 2022, 09:59 AM

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QUOTE(K0L0KM33 @ Jan 15 2022, 08:18 PM)
Mine still pending 😐
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More likely refund later 😁

Normally like that

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