Highlights
KLSE: SCGM (7247)       SCGM BHD MAIN : Industrial Products
Last Price Today's Change   Day's Range   Trading Volume
0.635   0.00 (0.00%)  0.00 - 0.00  0
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IPO Info

Key Data:
General Retail Institutional
Offer Period
Opening - - -
Closing - - -
Price
Issue Price - - -
Par Value 0.000 - -
Units - - -
Share Capital 0.000 - -
No of Shares
Public Issue - - -
Offer for Sale - - -
Private Placement - - -
Time Table
Allotment Date - - -
Listing Date - - -
Issuing House - - -
ISIN Code - - -
Prospectus:
PUBLIC ISSUE OF 12,000,000 NEW ORDINARY SHARES OF RM0.50 EACH AT AN ISSUE PRICE OF RM0.78 PER SHARE PAYABLE IN FULL ON APPLICATION
COMPRISING:

• 6,000,000 ORDINARY SHARES OF RM0.50 EACH AVAILABLE FOR APPLICATION BY THE MALAYSIAN PUBLIC;

• 4,500,000 ORDINARY SHARES OF RM0.50 EACH AVAILABLE FOR APPLICATION BY THE ELIGIBLE DIRECTORS AND EMPLOYEES, AND OTHER PERSONS WHO HAVE CONTRIBUTED TO OUR SUCCESS;

• 1,500,000 ORDINARY SHARES OF RM0.50 EACH BY WAY OF PRIVATE PLACEMENT TO SELECTED INVESTORS; AND

OFFER FOR SALE OF 24,000,000 ORDINARY SHARES OF RM0.50 EACH TO BUMIPUTERA INVESTORS APPROVED BY THE MINISTRY OF INTERNATIONAL TRADE AND INDUSTRY AT AN OFFER PRICE OF RM0.78 PER SHARE
PAYABLE IN FULL ON APPLICATION IN CONJUNCTION WITH OUR LISTING ON THE
SECOND BOARD OF BURSA MALAYSIA SECURITIES BERHAD.
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  13 people like this.
 
Just88 highly unlikely to be delisted
29/06/2023 7:31 PM
wilsonkck84 Now under PN16. OMG.
03/07/2023 7:40 PM
Yu_and_Mee still not having new business inject?
20/01/2024 9:44 PM
Just88 very soon
22/01/2024 4:14 PM
Just88 https://klse.i3investor.com/web/blog/detail/righton/2024-02-14-story-h-212401861-DO_YOU_LIKE_THE_TASTE_OF_COCONUT
14/02/2024 8:48 PM
Brutus @Just88, thank you for your sharing. Seems interesting for existing holders.
15/02/2024 8:55 AM
Just88 Brutus, You are welcome. What do you think ?
15/02/2024 12:56 PM
xiaoeh Just to follow up
any development for SCGM?
15/02/2024 1:19 PM
Just88 Coconut demand in China https://seoagencychina.com/coconuts-in-china-huge-demand-from-distributors/
15/02/2024 1:38 PM
Just88

They are waiting for approval from the securities commission.
xiaoeh

Just to follow up
any development for SCGM?

19 minutes ago
15/02/2024 1:39 PM
xiaoeh Thanks Just88 for your sharing
15/02/2024 1:42 PM
Just88 https://seoagencychina.com/coconuts-in-china-huge-demand-from-distributors/
15/02/2024 1:46 PM
Just88 Huge demand for coconut in China
15/02/2024 1:46 PM
xiaoeh Just88 bro what price will you buy?
15/02/2024 4:01 PM
Just88 Below NTA 0.62
15/02/2024 4:31 PM
Just88 In the event that nothing materialised, SCGM will distribute NTA 0.62 back to its shareholders. So, that is the safety line.
15/02/2024 4:35 PM
Just88 Alternatively, you may use the price big boss acquired from old bosses, 0.65
15/02/2024 4:36 PM
xiaoeh thanks for sharing bro
15/02/2024 4:56 PM
Brutus @Just88, The business looks and sounds exciting. Not sure the management team though. From plastic packaging to F+B, I will be following them thru since my holding costs is zero anyway.
15/02/2024 8:33 PM
Just88 Brutus, the F&B owners will be the new bosses of SCGM. So, no worries about managing the new businesses.
15/02/2024 8:47 PM
Just88 It will be a reverse take over. So it is a whole new company going forward. Much like a new IPO except no new share offering. I think its valuation can mirror that of Vita coco and Thai coconut Public company.
15/02/2024 9:54 PM
Just88 https://www.youtube.com/watch?v=OFg7jW7kKLY
16/02/2024 7:23 PM
Just88 https://jinan.dzwww.com/xinwenzhutu/shenghuo/202308/t20230821_12583409.htm
16/02/2024 7:32 PM
Just88 https://klse.i3investor.com/web/blog/detail/righton/2024-02-18-story-h-188366229-MY_OPINION_OF_SCGM
18/02/2024 1:56 PM
Brutus @Just88, I think that was the whole idea The Lee Family keep SCGM listed. Besides cashing out via capital repayment, they also sold their shares to the new owners at a premium. Should be an exciting new beginning for SCGM (likely to be renamed) shareholders.
19/02/2024 8:51 AM
Just88 Yes, successful injection of coconut business into SCGM will be a windfall for the existing shareholders. Given the information I have, it is already at the stage of seeking SC approval. The new controlling shareholders will ensure the successful listing of their coconut business. Delisting of SCGM will results in losses to them.
20/02/2024 8:25 PM
Just88 https://www.irplus.in.th/Listed/COCOCO/en/news-set-announcement/2024/2/7169917

Thai Coconut public company earnings for Yr 2023 improves 43% over Yr 2022
22/02/2024 9:52 PM
Just88 https://klse.i3investor.com/web/blog/detail/righton/2024-02-23-story-h-188239466-WHY_DO_I_THINK_RTO_OF_SCGM_IS_A_CERTAINTY
23/02/2024 3:50 PM
Alibone https://www.klsescreener.com/v2/news/view/1297039
21/03/2024 9:17 AM
yauyau57 if they can come out with MCT oil than it can UP UP UP!!!
21/03/2024 9:23 AM
csan anyone knows what is the net profit of the Eramas Group? Thai Coconut Public Company should be the correct comparable and they trade at around 23-24x PE.
21/03/2024 2:56 PM
Just88 https://klse.i3investor.com/web/blog/detail/righton/2024-03-21-story-h-185647492-WHY_HEADS_OF_AGREEMENT_HOA_FOR_SCGM
21/03/2024 3:25 PM
csan Just88, any idea on Eramas' net profit?
21/03/2024 3:38 PM
Just88 All i know is the business growth is very good.
21/03/2024 3:40 PM
Just88 you should know that the latest qtr results of Thai coconut public company increased by 75%
21/03/2024 4:06 PM
Just88 The size of the worldwide Coconut market achieved USD 18510.92 Million in the year 2022. Anticipated expansion at a Compound Annual Growth Rate (CAGR) of 13.56%. The global Coconut market is projected to attain the valuation of USD 39703.85 Million throughout the forecast period.
22/03/2024 9:21 AM
Just88 SC stipulates that the applicant needs to have an uninterrupted profit of three to five full financial years, with an aggregate after-tax profit of at least RM20 million as well as an after-tax profit of at least RM6 million in the most recent financial year.
22/03/2024 9:39 AM
Just88 I expect the definite agreement to be signed soon as the proposal has to be submitted to the SC before end of June. Otherwise, the proposal needs to be recomputed base on quarterly report ended 30 June 2024.
22/03/2024 10:13 AM
Just88 Thai coconut public company was listed in Sept 2023 at 5.50 baht and the share price has already doubled.
22/03/2024 10:26 AM
Just88 https://klse.i3investor.com/web/blog/detail/righton/2024-03-24-story-h-185587948-WHAT_AN_EARLY_BIRD_SHOULD_KNOW_ABOUT_SCGM
24/03/2024 10:31 AM
xiaoeh Dear Just88,
what price did you start buying SCGM?
24/03/2024 11:23 AM
Just88 Between 0.585 to 0.675
24/03/2024 1:00 PM
xiaoeh thanks for your sharing Just88...
i'm very kiasi and may wait a bit lower and consider...
24/03/2024 1:21 PM
Just88 get ready for definitive agreement ..........
01/04/2024 8:48 PM
Hungerr When?
02/04/2024 10:22 PM
Just88 Likely before end of this month
04/04/2024 12:54 PM
Safeld65 What kind of agreement?
04/04/2024 3:57 PM
Just88 Definitive agreement to acquire Eramas Global Group
04/04/2024 4:38 PM
Safeld65 I see. Kinda missed out this news 😅 https://www.thestar.com.my/business/business-news/2024/03/20/scgm-to-acquire-eramas-global-to-regularise-cash-company-status
08/04/2024 4:56 PM
terrytankh Just88, thank you for sharing , I just bought in at 0.645 . Please update for any new information .
10/04/2024 2:34 PM


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