KUALA LUMPUR, 30 MAY 2022 – Lim Seong Hai Capital Berhad (“LSH Capital” or the “Company” or “Group”) had on 24 May 2022 released its unaudited financial statements for the 1st half-year ended 31 March 2022. The Group reported revenue of RM65.43 million for the financial period ended (“FPE”) 31 March 2022 which represents an increase of RM23.82
million or 57.25% compared to RM41.61 million for FPE 31 March 2021. The increase is mainly supported by the consolidation of LSH BEST Builders Sdn Bhd, which was acquired in October 2021. The profit after tax of the Group had also increased by 123.7% or equivalent to RM6.88 million to RM12.44 million for the FPE 31 March 2022 from RM5.56 million in FPE 31 March 2021.
KUALA LUMPUR, 29 MAY 2022 – CNERGENZ Berhad (“CNERGENZ” or the “Company”), an established electronics manufacturing solutions provider based in Penang, has made its debut on the ACE Market of Bursa Malaysia Securities Berhad (“Bursa Securities”) under the Technology sector, opening at RM0.605 per share, which is a premium of RM0.025 or 4.31% above the IPO price of RM0.58 per share.
Chairman of CNERGENZ, Dato’ Azman bin Mahmud, extended the thanks of the Company to the Securities Commission, Bursa Securities, UOB Kay Hian Securities Sdn Bhd as well as others involved in the IPO exercise, and said, “I would like to thank our investors who have placed their trust and confidence in CNERGENZ, and for their support which has contributed to the success of CNERGENZ’s IPO.”
KUALA LUMPUR, 18 MAY 2022 – Yew Lee Pacific Group Berhad (“YLPG” or the “Company”), an established manufacturer principally involved in the manufacturing of industrial brushes as well as the trading of machinery parts and industrial hardware, launched the Company’s prospectus today for an initial public offering (“IPO”) leading to a listing on the ACE Market of Bursa Malaysia Securities Berhad (“Bursa Securities”).
The Company’s IPO involves the issue of 133.10 million new shares to be issued at RM0.28 sen per share and an offer for sale of 26.62 million existing shares by way of private placement to selected investors. The public issue shares will be made available for application in the following manner: