Alert share

BOILERM (0168) : BOILERMECH HOLDINGS BERHAD

okass87
Good result for Q4 2012.

Comment from management: "Barring any unforeseen circumstances, the Group is confident of achieving a POSITIVE GROWTH for the FYE 30 April 2013."

QL currently holding about 45% of Boilermech share.

Hopefully the leader of QL may manage this company as what they did for QL Group for last 10 years performance.



30 Jun 2012, 07:51 PM
okass87
TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS): NON RELATED PARTY TRANSACTIONS BOILERMECH HOLDINGS BERHAD ("BOILERMECH" OR THE "COMPANY") PROPOSED ACQUISITION BY NAUTICAL ICON SDN BHD, A WHOLLY OWNED SUBSIDIARY OF BOILERMECH, OF A PARCEL OF INDUSTRIAL LAND WITH A SINGLE STOREY DETACHED FACTORY ATTACHED TO A THREE (3) STOREY OFFICE LOCATED AT LOT 873, JALAN SUBANG 8, TAMAN SUBANG PERINDUSTRIAN ESTATE, 47610 SUBANG JAYA, SELANGOR DARUL EHSAN FROM SSK LOGISTICS SDN BHD FOR A TOTAL CASH CONSIDERATION OF RM20,300,000 ("PROPOSED ACQUISITION")

http://www.bursamalaysia.com/market/listed-companies/company-announcements/1016457

25 Jul 2012, 10:11 PM
okass87

TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS): NON RELATED PARTY TRANSACTIONS BOILERMECH HOLDINGS BERHAD ("BOILERMECH" OR THE "COMPANY") PROPOSED ACQUISITION BY NAUTICAL ICON SDN BHD, A WHOLLY OWNED SUBSIDIARY OF BOILERMECH, OF A PARCEL OF INDUSTRIAL LAND WITH A SINGLE STOREY DETACHED FACTORY ATTACHED TO A THREE (3) STOREY OFFICE LOCATED AT LOT 873, JALAN SUBANG 8, TAMAN INDUSTRI SG. PENAGA, 47620 SUBANG JAYA, SELANGOR DARUL EHSAN FROM SSK LOGISTICS SDN BHD FOR A TOTAL CASH CONSIDERATION OF RM20,300,000 ("PROPOSED ACQUISITION")

BOILERMECH HOLDINGS BERHAD
08/08/2012 05:50:06 PM

Admission Sponsor OSK Investment Bank Bhd
Sponsor Same as above
Type Announcement
Subject TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
Description BOILERMECH HOLDINGS BERHAD ("BOILERMECH" OR THE "COMPANY")

PROPOSED ACQUISITION BY NAUTICAL ICON SDN BHD, A WHOLLY OWNED SUBSIDIARY OF BOILERMECH, OF A PARCEL OF INDUSTRIAL LAND WITH A SINGLE STOREY DETACHED FACTORY ATTACHED TO A THREE (3) STOREY OFFICE LOCATED AT LOT 873, JALAN SUBANG 8, TAMAN INDUSTRI SG. PENAGA, 47620 SUBANG JAYA, SELANGOR DARUL EHSAN FROM SSK LOGISTICS SDN BHD FOR A TOTAL CASH CONSIDERATION OF RM20,300,000 ("PROPOSED ACQUISITION")
The terms used herein, unless the context otherwise states, shall bear the same meaning as those defined in the announcement dated 19 July 2012 in relation to the Proposed Acquisition.
We refer to the announcements dated 19 July 2012 and 20 July 2012 in relation to the Proposed Acquisition.

On behalf of the Board, OSK wishes to announce that Nautical Icon, a wholly owned subsidiary of Boilermech, had entered into a conditional sale and purchase agreement with SSK Logistics on 8 August 2012, for Nautical Icon to purchase the Property from the Vendor for a total cash consideration of RM20,300,000.

Please refer to the ensuing attachment.


This announcement is dated 8 August 2012.

http://www.bursamalaysia.com/market/listed-companies/company-announcements/1032953
09 Aug 2012, 10:29 PM
okass87

PROPOSED AMENDMENTS TO THE COMPANY'S ARTICLES OF ASSOCIATION ("PROPOSED AMENDMENTS")

http://www.bursamalaysia.com/market/listed-companies/company-announcements/1048497

The Board of Directors of Boilermech Holdings Berhad (“the Company”) wishes to announce that it intends to seek the approval of its shareholders for the Proposed Amendments at the forthcoming Annual General Meeting of the Company.

The Annual Report containing details of the Proposed Amendments will be despatched to the shareholders of the Company in due course.

This announcement is dated 28 August 2012

28 Aug 2012, 11:54 PM
okass87
1Q net profit 5.433 million (increased 52.96%) yeah

13 Sep 2012, 10:03 PM
okass87
保绿美净利涨53%

(吉隆坡13日讯)保绿美(BOILERM,0168,创业板)截至7月31日首季,净利大涨52.96%至543万3000令吉,上财年为355万2000令吉。

保绿美公布首季业绩,随着工程完成数量提高,加上更高的工程赚幅,带动公司录得亮丽表现。
首季营业额从上财年的3514万7000令吉,上扬至4204万7000令吉,涨幅达19.63%。
同时,单季营业额为2.11仙,高于去年同期的1.38仙。

http://www.nanyang.com/node/477127?tid=462

14 Sep 2012, 09:39 PM
okass87

rolleyes Annual Report 2012 rolleyes

http://www.bursamalaysia.com/market/listed-companies/company-announcements/1077153
28 Sep 2012, 11:07 PM
okass87

http://www.orientaldaily.com.my/index.php?option=com_k2&view=item&id=28356:&Itemid=198[/url]

保绿美特大通过收购厂房

吉隆坡22日讯)保绿美(BOILERM,0168,创业板)在今日召开的股东特別大会上,通过以2030万令吉收购位于梳邦再也一家厂房的议案。

该厂房的原有业主是SSK物流私人有限公司。保绿美董事经理梁有掌在大会结束后向媒体表示,收购完成后,保绿美的厂房规模將从6万平方呎,提高至14万平方尺。

提升產量

梁有掌也相信,该收购活动有助于提升其產量,从每月5个锅炉,到每个月8至10个锅炉。

保绿美计划通过內部融资完成该笔交易,这方式將让公司的负债率將可维持在0.03倍。反之,若悉数以银行融资完成,其负债率將攀高至0.37倍。

截至8月份为止,该公司手持2亿7600万令吉的订单,並有意通过新收购的厂房,来提高生物锅炉的核心业务。
22 Oct 2012, 10:11 PM
okass87

http://www.theedgemalaysia.com/business-news/223489-boilermech-egm-supports-buy-of-production-facility-for-expansion.html

Boilermech EGM supports buy of production facility for expansion

KUALA LUMPUR (Oct 22): Boilermech Holdings Bhd received a unanimous vote from its shareholders at its Extraordinary General Meeting (EGM) today (Monday), to favour its acquisition of a factory for RM20.3 million.

Group managing director Leong Yew Cheong said the factory, previously owned by SSK Logistics Sdn Bhd, is "two doors down from its current office" in Taman Perindustrian Subang and will increase its production floor space from 60,000 square feet to 140,000 square feet.

Speaking at a press conference after the EGM, Leong believes the acquisition would allow the group's production of boilers to increase to 8-10 a month from five a month "without constraint".

For now, Leong said Boilermech plans to fund the factory acquisition via internally generated funds. Should this scenario come to fruition, it will retain the group's current gearing ratio at 0.03 times. But if it is fully funded by bank borrowings, the ratio would climb up to 0.37 times.

With an order book worth RM276 million as of August 2012, Boilermech intends to utilise the newly-acquired space to increase its core business of producing biomass boilers.
22 Oct 2012, 10:12 PM
okass87

訂單擴大廠房增產能‧保綠美擬提升海外訂單

(吉隆坡22日)全利資源(QL,7084,主板消費品組)子公司保綠美(BOILERM,0168,創業板工業產品組)計劃擴大鍋爐產能,提升海外訂單量。

該公司董事經理梁有掌在股東大會及特大後表示,股東已通過收購土地議案,年杪將執行拓展計劃,包括廠房擴大及裝修辦公室,新廠房將在本財政年第四季開始運作及貢獻。

“辦公室翻新為時約9至12個月,而該地現有廠房樓層面積,將從6萬平方呎增至14萬平方呎,通過合理化生產流程,提升鍋爐產能,從原本的每個月產5個鍋爐,支撐生產8至10個鍋爐。"

他表示,擴大廠房解除公司潛在瓶頸問題,對核心業務拓展及進軍海外市場利好,料有助於獲取更多訂單。

“除了印尼,也將進軍非洲和中美洲市場,推動訂單按年增長。"該公司是在今年7月宣布,以2千零30萬令吉向SSK物流收購梳邦再一塊面積10萬平方呎的工業地及三層樓辦公室。

持2億7600萬訂單

至於是否進一步參與獨立發電廠(IPP)營運及持股,他表示公司目前僅供應鍋爐系統于東南亞國家,未來將持開放態度尋求收購機會,以滲透新市場。

截至今年8月,該公司手持2億7千600萬令吉訂單,上財政年90%貢獻來自大馬及印尼市場,另10%由巴布新幾內亞及南美洲貢獻。(星洲日報/財經)

http://biz.sinchew.com.my/node/66428
23 Oct 2012, 10:33 PM
okass87

The Edge Malaysia - Boilermech to double production capacity by April

http://www.theedgemalaysia.com/business-news/223573-boilermech-to-double-production-capacity-by-april.html

27 Oct 2012, 12:06 AM
okass87

Boilermech Holdings Bhd - A Biomass Boiler Specialist

Price Target : 0.98

http://klse.i3investor.com/servlets/ptres/11593.jsp

09 Nov 2012, 11:16 PM
okass87

Red Tomato Newspaper - 26 Oct 2012 - 1st Nov 2012

Forum | MalaysiaStock.Biz


12 Nov 2012, 04:54 PM
okass87

Q2 F13 Financial Result yeah

http://www.bursamalaysia.com/market/listed-companies/company-announcements/1148873


14 Dec 2012, 10:45 PM
okass87

Boilermech Holdings Bhd - Higher EBIT Margin of 16.7% in 1HFY13

http://research.osk188.com/attachments/81/osk-report-boilermech_1hfy13-results-review-_20121217_osk-retail-research-GaNZ19875240550ce81c4d5f4a.pdf


17 Dec 2012, 01:42 PM
ILoveDividend


Hi Okass,

Any idea how much is the order book of Boiler? notworthy
17 Dec 2012, 04:17 PM
okass87
Lovedividend,

From the managing director comment during the AGM/EGM, the order book worth RM 276 million as of August 2012.

What you think?
17 Dec 2012, 05:31 PM
ILoveDividend


Thanks for the info. It looks good overall, good management, high margin, ROE & good growth. My only concern is whether the growth can be sustained for coming years. smile
18 Dec 2012, 08:50 AM
tzejinlau
i think their book order is very full till end 2013. and they are bit selective on their client....
But >90% are Palm Oil Mill at the moment... after the heat wave have pass... dunnot whther where they are lor.... :>
19 Dec 2012, 10:40 AM
bondtiang
i think the result is quite positive and also commitment from the company to double the production in 2013...lets see the 3rd quarter result for those still 'ragu ragu'
19 Dec 2012, 07:21 PM

Overview Market Search portfolio More
Overview Market Search Portfolio More
Recently Viewed