Master Tec Group Berhad and its subsidiary are principally involved in the manufacturing and distribution of power cables, control and instrumentation cables, and other related products. They are also involved in the trading of power cables, fibre optic cables, and other related products.

Shares to be issued/offered:
IPO in conjunction with the listing of Master Tec Group Berhad on the ACE Market comprising:

(i) Public issue of 158,100,000 new ordinary shares in Master Tec Group Berhad (“Shares”) in the following manner:
51,000,000 new Shares made available for application by the Malaysian public;
2,144,000 new Shares made available for application by the eligible directors and employees of Master Tec Group Berhad; and
104,956,000 new Shares by way of private placement to selected investors; and

(ii) Offer for sale of 127,500,000 existing Shares by way of private placement to identified Bumiputera investors approved by the Ministry of Investment, Trade and Industry.

News: https://www.thestar.com.my/business/busines...ipo-green-light

Prospectus: https://www.bursamalaysia.com/market_inform...?ann_id=3410804





This post has been edited by ronnie: Jan 29 2024, 07:38 AM

another jati tinggi, main customer is TNB, ini supply power cable

Still has time to think

its a Good buy ?

TNB their main customer.... if you trust TNB, then good to buy

Any TP so far ?

sure Trust TNB because Monopoly

No other electrical supply in Peninsular Malaysia... unlike Telco.. got few offering their services... Electric No others company supply to our house / factory / shops...

Buy buy buy
Company plan to invest into middle voltage cable
Cater for those electric vehicles charging station use
Upside

Any ticket no to share?

seems like many skipped???

silence

Even ib silence lor, no fv even thoughts open for a looonnngg time.

All the best to the shareholders.

#tayor

Something fishy going on 🤔🧐

ticket baru sampai 1200

2morrow mb 5000

Pls share ticket no tomorrow

too many ipo this month

Grabbb

FV 40-50 cent https://theedgemalaysia.com/node/697655

Quite good...can apply if like this