SCABLE
Sarawak Cable Berhad
Company Background
Titan Trading Notes For Friday [27/9/2024]:
$KLCI retraced back towards the 1671 points region with an overall mixed market sentiment as we still saw over 580 counters closing red for the day. Daily trading volume remains relatively low around the 3.1 billion mark, mainly dominated by sellers today.
Main stocks that showed strong buying momentum would be the likes of SCABLE, ARTRONIQ, BAHVEST, TOPGLOV, CAPITALA, CEB, LHI, WCT, and GENETEC. All of which were able to sustain their rallies throughout the day on the top volumes list despite the mixed market.
$SCABLE / 5170 (SARAWAK CABLE BERHAD) since breaking out from its RM 0.10+ main downtrend resistance from the day before, was able to sustain the buying momentum and rallied all the way towards the RM 0.16 major resistance levels with huge volume and buying momentum.
For now looking quite strong here and as long as able to sustain above its RM 0.12+ immediate support, could continue on towards and beyond its RM 0.185+ major resistance levels soon.
Will be monitoring SCABLE closely here as something big seems to be brewing here.
CAPITALA on the other hand since retracing back towards the RM 0.885+ support levels, had been able to rebound back towards the RM 0.91+ regions with good volume and buying momentum.
So far still looking quite strong here and as long as able to sustain above its RM 0.885+ immediate support levels, could continue on towards and beyond the RM 0.93+ major resistance levels soon for an uptrend continuation pattern.
Will be monitoring CAPITALA closely here as seems to be starting a new and strong uptrend.
$SLVEST / 0215 (SOLARVEST HOLDINGS BERHAD) since breaking out from its RM 1.57+ main downtrend resistance levels, had been able to maintain its buying momentum and rallied all the way towards the RM 1.62 regions today with good volume despite the mixed market sentiment.
So far looking quite strong here and as long as able to hold above its RM 1.60+ immediate support, could continue on towards and beyond the RM 1.70++ major resistance levels in the coming weeks.
Will be monitoring SLVEST closely here
A few years ago, $OSK / 5053 (OSK HOLDINGS BERHAD) planned to list its cable business on HKEX but the plan scrapped. I think the acquisition of Universal Cables (which is owned by $SCABLE / 5170 (SARAWAK CABLE BERHAD) ?) will strengthen its cable division and potentially reactivate the listing plan? Haha
MATERIAL LITIGATIONOriginating Summons
- Application for Judicial Management and Appointment of Interim Judicial Manager
Changes in Sub. S-hldr's Int (Section 138 of CA 2016) - TAN SRI DATO' SERI H'NG BOK SAN @ H'NG AH BA
Changes in Sub. S-hldr's Int (Section 138 of CA 2016) - DATIN SERI H'NG HSIEH LING
Changes in Sub. S-hldr's Int (Section 138 of CA 2016) - DATO' H'NG CHUN HSIANG
Changes in Sub. S-hldr's Int (Section 138 of CA 2016) - HNG CAPITAL SDN BHD
Changes in Sub. S-hldr's Int (Section 138 of CA 2016) - DATO' H'NG CHUN HSIANG
Changes in Sub. S-hldr's Int (Section 138 of CA 2016) - TAN SRI DATO' SERI H'NG BOK SAN @ H'NG AH BA
Changes in Sub. S-hldr's Int (Section 138 of CA 2016) - HNG CAPITAL SDN BHD
Changes in Sub. S-hldr's Int (Section 138 of CA 2016) - DATIN SERI H'NG HSIEH LING
PRACTICE NOTE 17 / GUIDANCE NOTE 3 : MONTHLY ANNOUNCEMENT
Change of Registrar - TRICOR INVESTOR & ISSUING HOUSE SERVICES SDN BHD
OTHERSSARAWAK CABLE BERHAD ("SCB" OR "COMPANY")
- WRIT OF SUMMONS AND STATEMENT OF CLAIM RECEIVED FROM SERENDIB CAPITAL LIMITED
Changes in Sub. S-hldr's Int (Section 138 of CA 2016) - HNG CAPITAL SDN BHD
Changes in Sub. S-hldr's Int (Section 138 of CA 2016) - TAN SRI DATO' SERI H'NG BOK SAN @ H'NG AH BA
Changes in Sub. S-hldr's Int (Section 138 of CA 2016) - DATIN SERI H'NG HSIEH LING
Changes in Sub. S-hldr's Int (Section 138 of CA 2016) - DATO' H'NG CHUN HSIANG
Changes in Sub. S-hldr's Int (Section 138 of CA 2016) - HNG CAPITAL SDN BHD
Changes in Sub. S-hldr's Int (Section 138 of CA 2016) - DATO' H'NG CHUN HSIANG
Changes in Sub. S-hldr's Int (Section 138 of CA 2016) - TAN SRI DATO' SERI H'NG BOK SAN @ H'NG AH BA
Changes in Sub. S-hldr's Int (Section 138 of CA 2016) - DATIN SERI H'NG HSIEH LING
OTHERSSARAWAK CABLE BERHAD ("SCB" OR "COMPANY")
- WRIT OF SUMMONS AND STATEMENT OF CLAIM RECEIVED FROM SERENDIB CAPITAL LIMITED
OTHERSSARAWAK CABLE BERHAD ("SCB" OR "COMPANY")
- WRIT OF SUMMONS AND STATEMENT OF CLAIM RECEIVED FROM SERENDIB CAPITAL LIMITED
OTHERS (Amended Announcement)SARAWAK CABLE BERHAD ("SCB" OR "COMPANY")
- WRIT OF SUMMONS AND STATEMENT OF CLAIM RECEIVED FROM SERENDIB CAPITAL LIMITED
KUALA LUMPUR: Sarawak Cable Bhd yesterday said Serendib Capital Ltd, a company which was initially part of a plan to revive the Practice Note 17 (PN 17) company, has filed a suit against it.
© New Straits Times Press (M) Bhd
OTHERSSARAWAK CABLE BERHAD ("SCB" OR "COMPANY")
- WRIT OF SUMMONS AND STATEMENT OF CLAIM RECEIVED BY SERENDIB CAPITAL LIMITED
PRACTICE NOTE 17 / GUIDANCE NOTE 3 : MONTHLY ANNOUNCEMENT
Change of Company Secretary - CHEW MEI LING