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IPO Info Key Data:
Prospectus: PUBLIC ISSUE OF 6,500,000 NEW ORDINARY SHARES OF RM1.00 EACH AT AN ISSUE PRICE OF RM1.60 PER SHARE PAYABLE IN FULL APPLICATION COMPRISING: (1) 837,000 ORDINARY SHARES OF RM1.00 EACH AVAILABLE FOR APPLICATION BY ELIGIBLE EMPLOYEES OF KUMPULAN POWERNET BERHAD AND ITS SUBSIDIARIES; (2) 1,500,000 ORDINARY SHARES OF RM1.00 EACH AVAILABLE FOR APPLICATION BY THE MALAYSIAN PUBLIC; AND (3) 4,163,000 ORDINARY SHARES OF RM1.00 EACH BY WAY OF PRIVATE PLACEMENT AND OFFER FOR SALE OF 3,700,000 ORDINARY SHARES OF RM1.00 EACH AT AN OFFER PRICE OF RM1.60 PER SHARE PAYABLE IN FULL ON APPLICATION BY WAY OF PRIVATE PLACEMENT IN CONJUNCTION WITH ITS LISTING ON THE SECOND BOARD OF THE KUALA LUMPUR STOCK EXCHANGE KPower-Accountants'Report I (625KB).pdf KPower-Accountants'Report II (595KB).pdf KPower-Directors'Report-ValuationCert-General Info-ApplicationProcedure (370KB).pdf KPower-Summary-Risk-InfoOnKPBGrp-Directors&Mgmt-Moratorium-Financial Info (920KB).pdf KPower-Accountants'Report I (625KB).pdf KPower-Accountants'Report II (595KB).pdf KPower-Directors'Report-ValuationCert-General Info-ApplicationProcedure (370KB).pdf KPower-Summary-Risk-InfoOnKPBGrp-Directors&Mgmt-Moratorium-Financial Info (920KB).pdf
  Lovedurian If you exit pn17, may be able to reach rm1. Solar energy is the future development. 13/03/2024 4:21 PM kfbusjd not easy. Just compare Reneuco to Solarvest. Solarvest make good profit share price only RM1+. Reneuco loss making company, number of shares nearly double the shares of Solarvest. No revenue from construction is main problem, can go 50sen already very good. This weak Mustakim only know private placement, and cant see any other contribution from him. 13/03/2024 8:43 PM Lovedurian In the past, due to the Serbadk incident, banks did not lend money, and many projects could not be carried out and were finally abandoned. 14/03/2024 8:22 AM B4b4 With ECRL on time, 41 tunnels in total , completed 30 tunnels , 11 more to go, Reneuco and Citaglobal has done a great job. Soon the ppl can travel from Klang Valley to East coast without traffic jam 14/03/2024 10:19 AM B4b4 Traffic jams on the road is a big problem. That is why ECRL is important and necessary to complete on time ie by 2026 . RENEOCO will deliver the job with his JV partner . 15/03/2024 8:53 AM B4b4 Slowly but surely confidence will come back in Reneuco as the completion of ECRL is getting done. This is a big major project. 15/03/2024 10:09 AM Lovedurian There is a problem with the management. The report could have been prepared a long time ago and it would not have entered pn17. Maybe it would be better if the management changed. 15/03/2024 5:27 PM B4b4 ECRL and HSR , hopefully Reneuco JV with Citaglobal can win more awards regarding railways in Malaysia 18/03/2024 9:04 AM B4b4 https://www.thestar.com.my/news/nation/2024/03/20/first-phase-of-ecrl-track-installation-ahead-of-schedule 21/03/2024 9:44 AM Lovedurian It's such a big project, and I don't know if Renuaco has the money to do it. 21/03/2024 10:26 AM Lovedurian raised half of the funds, but now we don’t know whether we can continue 21/03/2024 10:29 AM B4b4 https://www.freemalaysiatoday.com/category/nation/2024/03/25/ecrl-more-than-60-complete-says-malaysia-rail/ 26/03/2024 9:38 AM B4b4 https://www.klsescreener.com/v2/news/view/1299353/three-consortia-believed-to-be-on-shortlist-for-kl-singapore-hsr-project 26/03/2024 9:41 AM B4b4 https://www.klsescreener.com/v2/news/view/1299353/three-consortia-believed-to-be-on-shortlist-for-kl-singapore-hsr-project 26/03/2024 9:42 AM B4b4 JV Reneuco and Citaglobal might even win the HSR contract with their chinese partners 26/03/2024 9:43 AM Raiz368 This week sure will break to 10 cent...accumulate more unit guys before now project to be announce. 03/04/2024 6:24 AM B4b4 ECRL is the white knight. The earnings will certainly help Reneuco to exit PN 17 04/04/2024 2:59 PM B4b4 https://www.freemalaysiatoday.com/category/nation/2024/04/05/ecrl-to-thai-border-can-counter-land-bridge-threat-says-expert/ 05/04/2024 3:17 PM Salahuddin Ahmad This is making money company, always got hope, it's just a metter of time 17/04/2024 2:35 PM  |
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