【INARI 0166 交流专区】益纳利

icy97

INARI BERHAD

Admission Sponsor	M&A Securities Sdn Bhd
Sponsor	Same as above

Type	Announcement
Subject	MULTIPLE PROPOSALS
Description	INARI BERHAD (“INARI” OR THE “COMPANY”) •        ACQUISITION OF 100% EQUITY INTEREST IN AMERTRON INC. (GLOBAL) LIMITED FOR A TOTAL PURCHASE CONSIDERATION OF USD32,000,000; •        RIGHTS ISSUE WITH WARRANTS; •        ISSUANCE OF NEW SHARES; •        ISSUANCE OF PREFERENCE SHARES; •        VARIATION TO THE UTILISATION OF LISTING PROCEEDS; •        INCREASE IN THE AUTHORISED SHARE CAPITAL OF THE COMPANY; AND •        AMENDMENTS TO THE MEMORANDUM OF ASSOCIATION OF THE COMPANY (COLLECTIVELY, THE “PROPOSALS”)
(All abbreviations used in this announcement are defined in the announcement dated 23 July 2012) Reference is made to the announcements dated 23 July 2012, 24 December 2012, 7 March 2013 and 29 March 2013 in relation to the Proposals. M&A Securities Sdn Bhd on behalf of the Board, is pleased to announce that the issue price for the Rights Shares has been fixed at RM0.36 per share and the exercise price for the Warrants has been fixed at RM0.38 per Warrant. The issue price for the Rights Shares at RM0.36 was determined by the Board after taking into consideration: (i)        the historical share price movement of Inari Shares; (ii)       the (5)-day volume weighted average market price ("5D-WAMP") of Inari Shares up to and including 8 April 2013 of RM0.43, being the market day immediately preceding the price-fixing date on 9 April 2013; and (iii)       the par value of Inari Shares of RM0.10 each. The issue price of the Rights Shares at RM0.36 per Rights Share is at a discount of approximately 12.20% to the theoretical ex-rights price of Inari Shares of RM0.41, calculated based on the 5D-WAMP up to and including 8 April 2013 of RM0.43, being the market day immediately preceding the price fixing date on 9 April 2013. The exercise price for the Warrants at RM0.38 per Warrant was determined by the Board after taking into consideration: (i)         the 5D-WAMP of Inari Shares up to and including 8 April 2013 of RM0.43, being the market day immediately preceding the price fixing date of the Warrants on 9 April 2013; (ii)        the theoretical ex-rights price of Inari Shares of RM0.41, calculated based on the 5D-WAMP of Inari Shares up to and including 8 April 2013 of RM0.43; and (iii)       the par value of Inari Shares of RM0.10 each. The exercise price of the Warrants at RM0.38 per Warrant represents a discount of 7.32% to the theoretical ex-rights price of the Inari Shares of RM0.41 and a discount of 11.63% to the 5D-WAMP up to and including 8 April 2013 of RM0.43, being the market day immediately preceding the price fixing date on 9 April 2013. This announcement is dated 9 April 2013.

icy97

股價具96%揚升空間 益納利可望轉至主要板

財經股市23 Apr 2013 23:00
（吉隆坡23日訊）益納利（INARI，0166，創業板科技股）業務穩，有望轉至馬股主要板，券商建議買進，給予1.05令吉目標價，以今日閉市價計算，尚有96%揚升空間。

艾芬投資銀行在分析報告指出，益納利成長前景佳，且在跨國公司客戶群支撐下，有助改善旗下特許經營業務。

“除了以上理由，我們喜歡益納利的另一個原因，在于誘人的股價估值，目前股價水平以2014財年每股盈利的3.7倍進行交易。”

該行說，假設該公司2012至15財年每股盈利年複成長率（CAGR）逾57%，該股明顯遭低估，股價更嚴重錯置。

“益納利股息回酬表現亦相當優異，將淨利40%用以派息，2013財年股息回酬料達7%，故我們首次評估此股，即給予‘買進’建議，目標價為1.05令吉。”

艾芬投資銀行指出，以該公司穩定業務表現來看，益納利實力已可轉向主要板，這不失為推動股價重估的一大因素，同時也有利加深人們對該股印象。

益納利今日全線走高，盤中一度揚高4.5仙至54仙，閉市報53.5仙，起4仙，成交量434萬4500股。[中国报财经]

icy97

icy97 发表于 6-3-2013 10:40 PM
(ii)       Proposed Issuance of Preference Shares
Save for the above, there are no other change ...

INARI BERHAD

Admission Sponsor	M&A Securities Sdn Bhd
Sponsor	Same as above

Type	Announcement
Subject	MULTIPLE PROPOSALS
Description	INARI BERHAD (“INARI” OR THE “COMPANY”) •        ACQUISITION OF 100% EQUITY INTEREST IN AMERTRON INC. (GLOBAL) LIMITED FOR A TOTAL PURCHASE CONSIDERATION OF USD32,000,000; •        RIGHTS ISSUE WITH WARRANTS; •        ISSUANCE OF NEW SHARES; •        ISSUANCE OF PREFERENCE SHARES; •        VARIATION TO THE UTILISATION OF LISTING PROCEEDS; •        INCREASE IN THE AUTHORISED SHARE CAPITAL OF THE COMPANY; AND •        AMENDMENTS TO THE MEMORANDUM OF ASSOCIATION OF THE COMPANY (COLLECTIVELY, THE “PROPOSALS”)
(All abbreviations used in this announcement are defined in the announcement dated 23 July 2012) Reference is made to the earlier announcement dated 23 July 2012, 7 March 2013 and 29 March 2013 in relation to the Proposals. On behalf of the Board, M&A Securities is pleased to announce that the solicitors to the SPA for the Acquisition had vide its letter dated 23 April 2013 confirmed that all conditions precedent set out in the SPA was met on 23 April 2013. Under the terms of the Acquisition, Inari shall issue USD3,200,000 (equivalent to RM10,176,000) in value of new Inari Shares to the Vendor comprising up to 24,819,512 new Inari Shares on the completion date of the SPA at an issue price of RM0.41 per Share or equivalent 30D-VWAP* whichever shall be the higher under the Issuance of New Shares. Note: *          30D-VWAP is defined as the 30-day volume weighted average market price of Inari Shares preceding the date the SPA is declared unconditional or RM0.41, whichever is higher. In relation thereto, M&A Securities is pleased to announce that the Company had fixed the issue price of the new Inari Shares to be issued under the Issuance of New Shares at RM0.4577 per Share and the number of new Inari Shares to be issued shall be 22,232,903 Shares. The total value of the new Shares to be issued is USD3,200,000 (equivalent to RM10,176,000), representing 10% of the total Purchase Consideration of USD32,000,000. The aforementioned issue price of RM0.4577 per Share represents the 30D-VWAP of Inari from 12 March 2013 to 22 April 2013, being the market day immediately preceding the date the SPA is declared unconditional. This announcement is dated 23 April 2013.

Admission Sponsor	M&A Securities Sdn Bhd
Sponsor	Same as above

Type	Announcement
Subject	MULTIPLE PROPOSALS
Description	INARI BERHAD (“INARI” OR THE “COMPANY”) •        ACQUISITION OF 100% EQUITY INTEREST IN AMERTRON INC. (GLOBAL) LIMITED FOR A TOTAL PURCHASE CONSIDERATION OF USD32,000,000; •        RIGHTS ISSUE WITH WARRANTS; •        ISSUANCE OF NEW SHARES; •        ISSUANCE OF PREFERENCE SHARES; •        VARIATION TO THE UTILISATION OF LISTING PROCEEDS; •        INCREASE IN THE AUTHORISED SHARE CAPITAL OF THE COMPANY; AND •        AMENDMENTS TO THE MEMORANDUM OF ASSOCIATION OF THE COMPANY (COLLECTIVELY, THE “PROPOSALS”)
(All abbreviations used in this announcement are defined in the announcement dated 23 July 2012) We refer to the following announcements: (i) Announcement dated 23 July 2012 wherein it was announced that Inari International had entered into the SPA with the Vendors for the Proposed Acquisition. (ii) Announcement dated 9 November 2012 wherein it was announced that Inari International and Richard Ta-Chung Wang had vide an exchange of letters agreed on the following: (a)        to extend the conditional period under the SPA to 180 days from the date of the SPA; and (b)        to extend the completion date under the SPA to not later than 31 March 2013. (iii) Announcement dated 15 January 2013 wherein it was announced that Inari International and Richard Ta-Chung Wang had vide an exchange of letters agreed on the following: (a)        to extend the conditional period under the SPA to on or before 31 March 2013 or such extended date as the parties may mutually agree; and (b)        to extend the completion date under the SPA to not later than 30 June 2013. On behalf of the Board, M&A Securities is pleased to announce that Inari International and Richard Ta-Chung Wang, a duly authorised representative of the Vendors had vide an exchange of letters further agreed to extend the conditional period under the SPA to on or before 23 April 2013 or such extended date as the parties may mutually agreed. Save for the above, there are no other changes to the terms and conditions of the SPA. This announcement is dated 23 April 2013.

猫不乖

上升到0.605了。。

jerrykoh

INARI BERHAD

Admission Sponsor	M&A Securities Sdn Bhd
Sponsor	Same as above

EX-date	09/05/2013
Entitlement date	13/05/2013
Entitlement time	05:00:00 PM
Entitlement subject	Rights Issue
Entitlement description	INARI BERHAD (“INARI” OR “COMPANY”) RENOUNCEABLE RIGHTS ISSUE OF 84,152,175 NEW ORDINARY SHARES OF RM0.10 EACH IN INARI (“RIGHTS SHARES”) TOGETHER WITH 168,304,350 FREE DETACHABLE WARRANTS (“WARRANTS”) ON THE BASIS OF ONE (1) RIGHTS SHARE FOR EVERY FOUR (4) EXISTING ORDINARY SHARES OF RM0.10 EACH IN INARI TOGETHER WITH TWO (2) WARRANTS FOR EVERY ONE (1) RIGHTS SHARE SUBSCRIBED IN INARI AT 5.00 P.M. ON 13 MAY 2013 AT AN ISSUE PRICE OF RM0.36 PER RIGHTS SHARE PAYABLE IN FULL UPON ACCEPTANCE ("RIGHTS ISSUE WITH WARRANTS")
Period of interest payment	to
Financial Year End
Share transfer book & register of members will be	to closed from (both dates inclusive) for the purpose of determining the entitlements
Registrar's name ,address, telephone no	Megapolitan Management Services Sdn Bhd No. 45-5, The Boulevard Mid Valley City, Lingkaran Syed Putra 59200 Kuala Lumpur 03-22848311
Payment date
a.Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers	13/05/2013
b.Securities deposited into the Depositor's Securities Account before 12:30 pm in respect of securities exempted from mandatory deposit
c. Securities bought on the Exchange on a cum entitlement basis according to the Rules of the Exchange.
Number of new shares/securities issued (units) (If applicable)	84152175
Entitlement indicator	Ratio
Ratio	1 : 4
Rights Issues/Offer Price	0.36

Despatch Date	15/05/2013
Date for commencement of trading of the rights	14/05/2013
Date for despatch of abridged prospectus and subscription forms	15/05/2013
Date for cessation of trading of the rights	21/05/2013
Date for announcement of final subscription result and basis of allotment of excess Rights Securities	05/06/2013
Listing date of the Rights Securities	12/06/2013

Last date and time for	Date	Time
Sale of provisional allotment of rights	20/05/2013	at	05:00:00 PM
Transfer of provisional allotment of rights	23/05/2013	at	04:00:00 PM
Acceptance and payment	29/05/2013	at	05:00:00 PM
Excess share application and payment	29/05/2013	at	05:00:00 PM

jerrykoh

jerrykoh 发表于 25-4-2013 10:27 PM
INARI BERHAD

Admission Sponsor        M&A Securities Sdn Bhd

@williamnkk81
请问母股在调整后会多少sen？ after 给了OR＋Warrants.

4 Ordinary share for 1 OR + 2 Warrants.

该怎么算？

williamnkk81

jerrykoh 发表于 25-4-2013 10:28 PM
@williamnkk81
请问母股在调整后会多少sen？ after 给了OR＋Warrants.

他是有个方程式来计算的。。。你可以在附加股的解释书内看到的。。。 我忘了所以不可以帮你算。。。

icy97

扩充业务进军全球市场　Inari未来不可小觑

二零一三年四月二十七日 晚上七时二十五分
（吉隆坡27日讯）‘在正确的时间使用正确的技术’，一直是创业板上市的Inari有限公司（INARI，0166）的座右铭。它是一家以槟城为基地的电子制造服务（EMS）公司，在经历过全球经济不确定性后，于过去几年稳步增长。

成立于2006年的Inari，是一家专门在无线和流动技术领域中，为无线电频率（RF）芯片提供端到端的半导体包装服务，并趁着全球智能流动设备强劲增长下，维持其收入和盈利增长。

该集团执行主席陈成俊向传媒指出：“这一切都是正确的技术。”

他说：“智能设备领域是我们所服务的行业，该领域没有主要风险，业内人士预计在未来几年后将会继续强劲增长，这对我们来说是个好兆头。”

现时，Inari在槟城拥有4个生产设施，为领导品牌的智能手机和平板电脑生产主要零件。这些设施的总产能可达每年13亿件。

营业额将增长3倍

作为其局部扩张计划，Inari设定在今年6月中旬，完成收购一家比该集团规模大一倍及以菲律宾为基地的Amertron（环球）有限公司。为配合这方面的发展，它也将后者的名称更改为Inari Amertron有限公司，并已在股东特别大会上获得批准，因此一旦在完成收购Amertron后就立刻生效。

自Inari于2011年7月在马交所上市后，Amertron是它的第2项重大收购。较早前，该集团收购Ceedtec私人有限公司51％股权，后者为安捷伦科技有限公司提供电子测试和测量设备。

关于该集团会否继续寻求合并和收购（M＆A）来发展其业务时，陈氏称：“我认为我们需要几个月时间去处理收购Amertron后的整合事务，之后才决定下一步行动。”

他强调：“即使目前没有任何特定目标，但是我们不会放过任何合适的并购机会。”

Inari管理层透露，建议中收购Amertron是对集团扩充业务非常之重要。最主要是斥资3200万美元（1亿10万令吉）收购它后，就可扩大集团在EMS的领域，以及立刻成为全球光电市场的一个显著业者。

这意味着该集团业务将会出现多样化情况，之前它在过去几年大多集中在无线电频率芯片业务。

陈氏解释：“今次的收购可以立即进入快速蓬勃发展的菲律宾市场，而这将使我们处于一个有利的位置，在高科技的EMS领域进行有效的竞争。”

Inari拟定发行8420万股新普通股、1152万股可赎回优先股和5年期免费凭单，分别筹集3030万令吉、3460万令吉以及1152万美元的资金去局部收购Amertron。这将在股东特别大会上寻求股东批准的建议之一。

Amertron目前拥有3家专门提供EMS的工厂，2家在菲律宾，另一家则在中国。它每年为全球航空和军用微电子产业，提供多达5亿件零件，当中包括光学传感器、红外线传感器，发光二极管显示器和纤维光学。

陈氏表示，Amertron的工厂拥有3700名员工，较Inari目前的1350名员工多出近2倍。因此收购Amertron后，预计将有助于缓解Inari的人才和技术短缺。

更重要的是，Inari的管理层预计在收购Amertron后，所出现的业务协同作用使得前者的营业额立即提高3倍。

据Inari首席执行员罗健聪指出，集团的目标是在中期内营业额从目前的2亿令吉增长到6亿令吉，并在3年内突破10亿令吉大关。

股息收益稳定

该集团在截至2013年6月30日止上半财政年度的收入，站稳在1亿1670万令吉，较去年同期的9514万令吉增长23％。收入出现增长是由于贸易数额和客户订单较高所致。

回顾上述期间，Inari的净利润从前期的1015万令吉显著上升63％至1651万令吉。这意味着上半年每股盈利达4.91仙，较前期的3.12仙有进步。

该集团说，它希望能保持盈利能力到2013年，主要是持续获得全球智能手机和平板电脑需求所支持。

它注意到，较高的服务需求可使集团获益于提高产能利用率和更大的规模经济。

罗氏解释：“游戏名称是产能利用率；这是我们的经营宗旨，利用提高产能利用率，以及最大限度地提高营运赚幅，才可实现较佳的成本效益。”

Inari在2012年上半年，宣布派发每股1.7仙的股息，较去年同期的1.2仙为佳。

Inari的分红政策就是将净利润的40％分发给股东。市场观察家表示，该集团在创业板市场脱颖而出，成为其中一只高息股。

在截至2012年12月31日止，Inari拥有现金及流动资产达3917万令吉，而短期和长期贷款则企稳在1341万令吉。

至于Inari有否计划在中期内提升上市地位至主要板一事，管理层相信，这样做是一个自然的过程。

Inari股票昨日收市起7.5仙至67.5仙。[光华日报财经]

jerrykoh

williamnkk81 发表于 28-4-2013 09:36 AM
他是有个方程式来计算的。。。你可以在附加股的解释书内看到的。。。 我忘了所以不可以帮你算。。。

谢谢你，我大概知道如何算了。。蛮复杂一下的咯！哈哈

williamnkk81

jerrykoh 发表于 28-4-2013 09:51 PM
谢谢你，我大概知道如何算了。。蛮复杂一下的咯！哈哈

哈哈。。。 知道就好。。 的确是有些复杂的。。。

悟休

jerrykoh 发表于 28-4-2013 09:51 PM
谢谢你，我大概知道如何算了。。蛮复杂一下的咯！哈哈

这位大大。请问可以分享吗？？谢谢

jerrykoh

悟休 发表于 29-4-2013 12:30 PM
这位大大。请问可以分享吗？？谢谢

Inari,

每4股可以认购1股right issue，

每认购1股right issue可以得到2 free warrant，

right issue 认购价 = rm0.36

warrant 转换价 = rm0.38

等于说，每购买

4000股inari, 你将获得1000 right 认购权，

然后你认购1000股right, 获得附送2000 warrant。

假设inari 股价ex-date前在rm0.60保持不动，调整后大约在rm0.50

成本(买在ex date 前， rm0.6)
4000股inari = 2400
1000股right 认购成本 = 360
总成本 = 2760

收入(卖在ex-date后，rm0.5）
5000股 = 2500
2000warrant价差利润 = （0.5 -0.38) x 2000=240
总收入 = 2740

总收入 - 总成本 = 2740-2760 = -20！！

悟休

各位大大，请问INARI的right issue什么日期到期呢？？？
谢谢

Clemis

SUMMARY OF KEY FINANCIAL INFORMATION 31/03/2013

		INDIVIDUAL PERIOD		CUMULATIVE PERIOD
		CURRENT YEAR QUARTER	PRECEDING YEAR CORRESPONDING QUARTER	CURRENT YEAR TO DATE	PRECEDING YEAR CORRESPONDING PERIOD
		31/03/2013	31/03/2012	31/03/2013	31/03/2012
		$$'000	$$'000	$$'000	$$'000

1	Revenue	56,776	43,838	173,479	138,976
2	Profit/(loss) before tax	8,324	4,729	29,752	16,459
3	Profit/(loss) for the period	12,437	4,009	28,475	14,155
4	Profit/(loss) attributable to ordinary equity holders of the parent	12,388	4,259	28,898	14,405
5	Basic earnings/(loss) per share (Subunit)	3.68	1.30	8.59	4.40
6	Proposed/Declared dividend per share (Subunit)	1.80	0.80	3.50	2.00
		AS AT END OF CURRENT QUARTER		AS AT PRECEDING FINANCIAL YEAR END
7	Net assets per share attributable to ordinary equity holders of the parent ($$)	0.3223		0.2512

INARi 第三季财务报告出炉: http://www.bursamalaysia.com/market/listed-companies/company-announcements/1289121

盈利：
上一年第三季：4,259,000
今年第三季： 12,388,000

1.8仙股息！

上升及成长空间很大啊！赞！

icy97

NARI BERHAD

Admission Sponsor	M&A Securities Sdn Bhd
Sponsor	Same as above

EX-date	30/05/2013
Entitlement date	03/06/2013
Entitlement time	04:00:00 PM
Entitlement subject	Interim Dividend
Entitlement description	Third Interim Single Tier Dividend of 0.9 sen per ordinary share of RM0.10 each
Period of interest payment	to
Financial Year End	30/06/2013
Share transfer book & register of members will be	to closed from (both dates inclusive) for the purpose of determining the entitlements
Registrar's name ,address, telephone no	Megapolitan Management Services Sdn Bhd No. 45-5 The Boulevard, Mid Valley City Lingkaran Syed Putra, 59200 Kuala Lumpur Tel : 03-2284 8311
Payment date	27/06/2013
a.Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers	03/06/2013
b.Securities deposited into the Depositor's Securities Account before 12:30 pm in respect of securities exempted from mandatory deposit
c. Securities bought on the Exchange on a cum entitlement basis according to the Rules of the Exchange.
Number of new shares/securities issued (units) (If applicable)
Entitlement indicator	Currency
Currency	Malaysian Ringgit (MYR)
Entitlement in Currency	0.009

EX-date	30/05/2013
Entitlement date	03/06/2013
Entitlement time	04:00:00 PM
Entitlement subject	Special Dividend
Entitlement description	Special Single Tier Dividend of 0.9 sen per ordinary share of RM0.10 each
Period of interest payment	to
Financial Year End	30/06/2013
Share transfer book & register of members will be	to closed from (both dates inclusive) for the purpose of determining the entitlements
Registrar's name ,address, telephone no	Megapolitan Management Services Sdn Bhd No. 45-5 The Boulevard, Mid Valley City Lingkaran Syed Putra, 59200 Kuala Lumpur Tel : 03-2284 8311
Payment date	27/06/2013
a.Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers	03/06/2013
b.Securities deposited into the Depositor's Securities Account before 12:30 pm in respect of securities exempted from mandatory deposit
c. Securities bought on the Exchange on a cum entitlement basis according to the Rules of the Exchange.
Number of new shares/securities issued (units) (If applicable)
Entitlement indicator	Currency
Currency	Malaysian Ringgit (MYR)
Entitlement in Currency	0.009

yeongchuan88

Inari 的 right issue 值得认购吗？

erricsson

yeongchuan88 发表于 17-5-2013 11:55 PM
Inari 的 right issue 值得认购吗？

各位前辈，这个值不值得买？谢谢指导。。。

christephersim

erricsson 发表于 22-5-2013 09:36 AM
各位前辈，这个值不值得买？谢谢指导。。。

right issue 是怎么买的？

险中求胜

是一支明日之星^_^

jacky_86500

jerrykoh 发表于 29-4-2013 03:51 PM
Inari,

每4股可以认购1股right issue，

这样还要亏20块。。。