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 IPO: Solar District Cooling Group Berhad (“SDCG”)

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privatequity
post Aug 29 2024, 12:54 PM

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QUOTE(suilow1991 @ Aug 29 2024, 12:53 PM)
Cannot expand the meeting room to cater more employees, and so the rest of the people are suppose to stand or sit on the floor through out the meeting?
Not every local company can accept using online meeting at the workplace in Malaysia.
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hahahahaha exactly. maybe some sit on the table.
coyouth
post Aug 29 2024, 01:47 PM

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QUOTE(privatequity @ Aug 29 2024, 12:48 PM)
Chill brother, i realise a lot of ppl dont even read lol.

Only 4% of the IPO proceeds go to headquarters expansion.

If you read their prospectus, the expansion includes Reception, Showroom. Storage room, New meeting room. Estimated 18 workstations for finance, sales, procurement, administrative and human resources departments. Command and control centre, Estimated 26 share workstations for the project department and technical and servicing department.

Its generally office expansion to fit more employees and expansion of workstations. A bigger meeting room is just small part of it, not ALL IPO PROCEEDS fund the bigger meeting room brother.

Also think this way, previously Company only has small meeting room not fancy one, meaning, the management is GOOD at managing cost n cost saving. Not simply spend. Hence profit margin very very strong at above 20%.

a PLUS point
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expanding meeting room for current staff don't have to wait until IPO la. doh.gif
Maniee27
post Aug 29 2024, 03:19 PM

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they're just giving one example of current space limitations and why they're using % of the proceedings to expand the overall HQ la..

but they could've worded it better.. also, their ytd presentation hosted by rakuten trade is so dogshit - already struggling to explain the numbers even though its already there on the slides..macam no practice beforehand. might as well just read the report directly doh.gif

This post has been edited by Maniee27: Aug 29 2024, 03:27 PM
theevilman1909
post Aug 29 2024, 04:42 PM

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don't really look good on them.

using part of the IPO proceeds for for expanding meeting room....

???
privatequity
post Aug 29 2024, 04:45 PM

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QUOTE(coyouth @ Aug 29 2024, 01:47 PM)
expanding meeting room for current staff don't have to wait until IPO la.  doh.gif
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yup, but whats wrong use IPO fund to expand meeting room?
privatequity
post Aug 29 2024, 04:45 PM

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QUOTE(theevilman1909 @ Aug 29 2024, 04:42 PM)
don't really look good on them.

using part of the IPO proceeds for for expanding meeting room....

???
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yup, pls dun apply haha
engineer
post Aug 29 2024, 04:49 PM

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QUOTE(Maniee27 @ Aug 29 2024, 03:19 PM)
they're just giving one example of current space limitations and why they're using % of the proceedings to expand the overall HQ la..

but they could've worded it better.. also, their ytd presentation hosted by rakuten trade is so dogshit - already struggling to explain the numbers even though its already there on the slides..macam no practice beforehand. might as well just read the report directly doh.gif
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Sounds like a disaster. Looks like the management is not well versed.
privatequity
post Aug 29 2024, 04:51 PM

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QUOTE(Maniee27 @ Aug 29 2024, 03:19 PM)
they're just giving one example of current space limitations and why they're using % of the proceedings to expand the overall HQ la..

but they could've worded it better.. also, their ytd presentation hosted by rakuten trade is so dogshit - already struggling to explain the numbers even though its already there on the slides..macam no practice beforehand. might as well just read the report directly doh.gif
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i think there's one moo moo presentation. u applying for tis ipo?
good to have more ppl skeptical n skip, higher winning chance for those who apply.
pileepalah
post Aug 29 2024, 04:53 PM

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38cts sure 150 to 200 times
oversubscribbed
privatequity
post Aug 29 2024, 04:55 PM

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QUOTE(pileepalah @ Aug 29 2024, 04:53 PM)
38cts sure 150 to 200 times
oversubscribbed
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can ask less ppl to apply mah? hope to have higher winning chance.
Maniee27
post Aug 29 2024, 04:56 PM

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QUOTE(engineer @ Aug 29 2024, 04:49 PM)
Sounds like a disaster. Looks like the management is not well versed.
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i would say more like don't have proper presentation and marketing skills, very menggelabah. The Q&A i see they handled fairly ok, much better than during the presentation.

their finance sheets and performance seems ok.

QUOTE(privatequity @ Aug 29 2024, 04:51 PM)
i think there's one moo moo presentation. u applying for tis ipo?
good to have more ppl skeptical n skip, higher winning chance for those who apply.
*
yes im applying, its better ppl who are interested to read the prospectus / report directly instead of watching the presentation.

I will join moo moo presentation and see whether they realized they fark up during earlier presentations and improve or not.

This post has been edited by Maniee27: Aug 29 2024, 04:58 PM
privatequity
post Aug 29 2024, 04:57 PM

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QUOTE(Maniee27 @ Aug 29 2024, 04:56 PM)
i would say more like don't have proper presentation and marketing skills, very menggelabah. The Q&A i see they handled fairly ok, much better than during the presentation.

their finance sheets and performance are ok.
yes im applying, its better ppl who are interested to read the prospectus / report directly instead of watching the presentation.

I will join moo moo presentation and see whether they realized they fark up and improve or not.
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haha yup. some management is not good at presenting, but good at delivering.
ronnie
post Aug 29 2024, 05:46 PM

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QUOTE(coyouth @ Aug 29 2024, 09:36 AM)
heard on BFM this morning that with the public listing, they would like to expand their meeting room to fit more employees. what??!!
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hahahaha.... employee expansion
nexona88
post Aug 29 2024, 05:52 PM

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QUOTE(pileepalah @ Aug 29 2024, 04:53 PM)
38cts sure 150 to 200 times
oversubscribbed
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Sure confirmed high oversubscribed rated

Won't be like 99SM...

One section gets 100%, while another get higher than normal allocation 😁
erric 850
post Aug 29 2024, 06:14 PM

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QUOTE(Halibut @ Aug 22 2024, 03:20 PM)
Sponsor(s):
Mercury Securities Sdn Bhd


Principal Activity:

SDCG is an investment holding company. Through its wholly-owned subsidiaries, the Group is principally involved in the provision and maintenance of building management system, solar thermal systems and other energy services. Additionally, the Group also provides mechanical and electrical works, and project management services.

Shares to be issued/offered:

IPO in conjunction with the listing of Solar District Cooling Group Berhad (“SDCG”) on the ACE Market comprising of public issue of 118,670,000 new ordinary shares in SDCG ("Issue Shares") in the following manner:

21,192,000 Issue Shares made available for application by the Malaysian public;
21,192,000 Issue Shares made available for application by the eligible directors, employees and persons who have contributed to the success of SDCG and its subsidiaries; and
76,286,000 Issue Shares made available by way of private placement to selected investors.
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Done apply for 72lots of MYR0.38 by alliance bank
Yipeegee
post Aug 29 2024, 07:43 PM

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where can i find the prospectus ? can't find wor sad.gif sad.gif sad.gif
Maniee27
post Aug 29 2024, 07:49 PM

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QUOTE(Yipeegee @ Aug 29 2024, 07:43 PM)
where can i find the prospectus ?  can't find wor  sad.gif  sad.gif  sad.gif
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https://www.bursamalaysia.com/market_inform...?ann_id=3477743
8_valensi_8
post Aug 29 2024, 08:04 PM

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QUOTE(suilow1991 @ Aug 29 2024, 01:53 PM)
Cannot expand the meeting room to cater more employees, and so the rest of the people are suppose to stand or sit on the floor through out the meeting?
Not every local company can accept using online meeting at the workplace in Malaysia.
*
Ok so hopefully by expanding the meeting room from 12 pax to 15-20 pax, the company can generate TONS of revenue 😂

This post has been edited by 8_valensi_8: Aug 29 2024, 08:05 PM
nexona88
post Aug 29 2024, 08:12 PM

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QUOTE(erric 850 @ Aug 29 2024, 06:14 PM)
Done apply for 72lots of MYR0.38 by alliance bank
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So fast??

Still have time yo
Hollow21
post Aug 29 2024, 09:47 PM

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