【BETA 0263 交流专区】

Tony-Pua

（吉隆坡13日讯）为汽车行业提供电子制造服务（EMS）的必达美公司（Betamek），放眼10月上市马股创业板，今日与合盈证券签署首次公开募股（IPO）的包销协议。

根据协议，合盈证券将负责包销供公众认购和粉红表格的3600万新股。

必达美董事经理米占马哈迪在文告里表示，此次签署承销协议准备上市恰逢其时，因为公司将受益于被压抑的需求和新车款的推出。

“继续我们的增长之旅，我们计划为未来的车款和种类，扩大产品范围，这可使我们在未来的汽车EMS行业中，获得更大的市场份额。”

根据文告，必达美此次上市将发售6750万新股，和配售4500万现有股给指定投资者。

合盈证券包销新股

在新股中，2250万股将公开予大马公众认购；1350万股将售于合格董事和员工；3150万股将透过私配方式配售。

上市筹资所得将主要用于新产品的研发、扩大研发及仓库设施、购买新器材、营运资金、偿还银行贷款，以及上市费用。

出席签署仪式者，还包括必达美主席阿莫苏比里，合盈证券企业融资董事经理拿督陈俊㟽、企业融资主管丁华代。

Tony-Pua

（吉隆坡28日讯）必达美有限公司（Bertamek）今日推介招股书，通过首次公开售股（IPO）以每股50仙发售6750万股新股，集资3380万令吉。

必达美是一家电子代工服务（EMS）公司，主要为汽车业者提供定制电子产品和组件的设计与开发（D&D）。

根据招股书，必达美将在10月26日在大马交易所创业板上市。该公司发售6750万股新股，当中2250万股供公众申请；1350万股保留给符合资格的董事、员工和对公司有功人士，其馀3150万股则私下配售给特定投资者。

IPO所筹得的资金当中，1000万令吉将用于偿还银行贷款、700万令吉开发新产品、650万令吉扩展研发中心、原料仓库，以及作为未来研发活动经费。此外，390万令吉充当营运资本，馀下340万令吉支付上市相关费用。

该公司也计划斥资300万令吉，为万挠现有厂房添购机械及设备，提高这座厂房的效率及产能。

与此同时，必达美现有股东--依斯乾达控股公司也会配售4500万股给特定投资者。

必达美董事经理米占马哈迪在招股书推介礼致词时表示，混合动力汽车、电动车和自动驾驶车的全球市场比重日益扩增，汽车资讯娱乐系统的车载立体声音科技正快速升级，已扩大到涵盖音频及视频、物联网（IoT）、全球定位系统及导航和汽车安全及防盗等元素。

“我们认为，先进驾驶辅助系统、娱乐及连接系统、物联网及汽车配件相关产品市场的潜在商机十分巨大，公司上市将有助于加快推进未来的研发活动。”

必达美首席营运员伊斯干达哈欣则在招股书推介礼结束后的线上记者会表示，即使面对全球原料供应短缺，但该公司通过与客户紧密合作和寻找新零件取代短缺零件，有效解决上述问题。

另外，一同列席记者会的必达美财务总监诺阿兹林，对公司即将出炉的季度业绩抱持乐观态度。

“我们的主要收入来自于第二国产车（Perodua）。第二国产车是我们的主要客户。该公司向客户交付的汽车正不断增加。作为第二国产车的供应商，我们一直在成本控制，素质及交货做到最好。”

必达美上市时间表发行招股书/开放大众认购：9月28日公众认购截止：10月07日公众认购抽签：10月12日向成功申请者分配新股：10月21日上市：10月26日资料来源：招股书

icy97

IPO Prospectus

BETAMEK BERHAD

Subject

INITIAL PUBLIC OFFERING IN CONJUNCTION WITH OUR LISTING ON THE ACE MARKET OF BURSA MALAYSIA SECURITIES BERHAD COMPRISING: (I) PUBLIC ISSUE OF 67,500,000 NEW ORDINARY SHARES IN OUR COMPANY ("SHARES") IN THE FOLLOWING MANNER: - 22,500,000 NEW SHARES AVAILABLE FOR APPLICATION BY THE MALAYSIAN PUBLIC; - 13,500,000 NEW SHARES AVAILABLE FOR APPLICATION BY OUR ELIGIBLE DIRECTORS, EMPLOYEES AND PERSONS WHO HAVE CONTRIBUTED TO THE SUCCESS OF OUR GROUP; AND - 31,500,000 NEW SHARES BY WAY OF PRIVATE PLACEMENT TO SELECTED INVESTORS; AND (II) OFFER FOR SALE OF 45,000,000 EXISTING SHARES BY WAY OF PRIVATE PLACEMENT TO SELECTED INVESTORS AT AN ISSUE/OFFER PRICE OF RM0.50 PER SHARE, PAYABLE IN FULL UPON APPLICATION.

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3295097

Attachments Betamek Berhad - Prospectus (Part 1).pdf Betamek Berhad - Prospectus (Part 2).pdf Betamek Berhad - Prospectus (Part 3).pdf Betamek Berhad - Prospectus (Part 4).pdf Betamek Berhad - Detailed Procedures for Application.pdf

Opening of application	28 Sep 2022
Closing of application	07 Oct 2022
Balloting of application	12 Oct 2022
Allotment of IPO shares to successful applicants	21 Oct 2022
Tentative listing date	26 Oct 2022

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Type	Announcement
Subject	OTHERS
Description	BETAMEK BERHAD ("BETAMEK" OR "COMPANY")LISTING OF BETAMEK ON THE ACE MARKET OF BURSA MALAYSIA SECURITIES BERHAD ("LISTING")
(Unless otherwise stated, all abbreviations used herein shall have the same meanings as those stated in the Prospectus dated 28 September 2022 in relation to the Listing) M&A Securities, on behalf of the Board, wishes to announce the following with regards to the Listing: (a) Level of subscription; (b) Basis of allotment/allocation; (c) Distribution of the private placement tranche; and (d) Disclosure of placees who become substantial shareholder of Betamek arising from the Listing, if any. Further details of the above are set out in the attachment. This announcement is dated 12 October 2022.

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3298610

Attachments Betamek - Subscription rate.pdf

Tony-Pua

（吉隆坡12日讯）即将在创业板上市的必达美有限公司（Betamek Berhad）宣布，其首次公开售股（IPO）超额认购17.06倍。

根据必达美的文告，其首次公开售股接获本地公众6682份申请，认购4亿零631万股新股，超额认购17.06倍。

其中土著投资者提交了3032份申请，认购1亿1797万股新股，超额认购9.49倍；其他公众则呈上3650份申请，认购2亿8834万股，超额认购24.63倍。

此外，保留予合格董事、员工与对公司有贡献人士的1350万股新股已被全数认购；而私下配售予特定投资者的3150万股新股，同样也全数认购。

Tony-Pua

（吉隆坡26日讯）必达美（Betamek Bhd）在大马交易所创业板挂牌，首开价报61.5仙，比首次公开募股（IPO）发售价50仙，溢价23%。全天上涨42%或21仙，以71仙挂收，市值为3亿1950万令吉。

开市后首30分钟，该股一度攀升至1令吉，逾8878万股转手。全日交投冠全场，达2亿6046万股成交。

根据上市活动，必达美发行了6750万股新股，相等于15%扩大后股本，发售价为每股50仙。

必达美计划通过IPO筹集3380万令吉。供大马公众认购的部分，获得超额认购17.06倍。

配合上市活动，现有股东Iskandar Holdings私人有限公司通过私下配售方式，献售4500万股予特定投资者。

必达美指出，随着汽车供应链不断改善，集团已准备好从汽车行业的上升中受益。

集团为汽车制造商提供一站式电子制造服务解决方案。

由于其主要客户第二国产车（Perusahaan Otomobil Kedua Sdn Bhd，简称Perodua）看到汽车需求持续增长，必达美乐观看待汽车视听产品和汽车配件的需求增长。

Perodua最近宣布，在今年第三季售出了6万9011辆汽车，今年第二季为6万5719辆。从1月至9月，其销量狂飙64.9%至19万6354辆，去年同期为11万9093辆。

必达美董事经理Mirzan Mahathir 表示，多年来，集团一直在扩大其产品组合，包括辅助各类产品功能所需的新汽⻋电子解决方案和科技等。

“我们认为，在高阶驾驶辅助系统（ADAS）、娱乐及连接、物联网（IoT）和汽⻋配件等产品领域中，依然有着许多有待开发的商机。”

“我们计划专注于这些终端产品应用范畴的研发活动，特别是嵌入电子设备、传感器、致动器和网络连接等设备的互连网络，毕竟包括蓝牙、Wi-Fi、4G、5G等未来科技在内的互联网络概念，正在推动汽⻋业朝向新一代产品的设计方向发展。”

他补充：“截至2022年8月31日，虽然我们与科技合作伙伴共同推进的研发活动仍处初步阶段，但我们已成功将部分技术商业化，并展现在Perodua的最新⻋款当中。我们将继续鉴定各类拥有显着增⻓潜能的新科技，并列为公司产品的新功能，特别是一些能够与我们现有主要产品带来协同效应潜能的科技。”

Tony-Pua

（吉隆坡27日讯）昨日在大马交易所创业板上市，且表现强劲的必达美（Betamek Bhd），今日遭投资者套利，下挫18%。

该股今日开盘报72.5仙，较昨日收市的71仙，上升1.5仙。

首30分钟内更攀至75.5仙的高位，惟涨势无以为继，逐步回吐升幅。

闭市时，该股挫18.31%或13仙，收于58仙，市值为2亿6100万令吉。日内于57仙至75.5仙交易。

该股交投冠全场，达1亿7961万股易手。

必达美昨日开盘较首次公开募股（IPO）的50仙溢价23%，半小时内触及1令吉的盘中高位。

icy97

Type	Announcement
Subject	MEMORANDUM OF UNDERSTANDING
Description	BETAMEK BERHAD ("Betamek" or the "Company")- MEMORANDUM OF UNDERSTANDING ENTERED INTO BETWEEN BETAMEK ELECTRONICS (M) SDN. BHD. ("BESB"), A WHOLLY-OWNED SUBSIDIARY OF BETAMEK AND SHENZEN ZHONGHONG TECHNOLOGY CO. LTD.
1. INTRODUCTION The Board of Directors of Betamek is pleased to announce that BESB had on 15 June 2023 entered into a Memorandum of Understanding (“MOU”) with Shenzen Zhonghong Technology Co. Ltd. (“SZH”) to develop and market innovative technology solutions for automotive industry and to create a joint entity that will leverage their respective strengths to maximize market penetration and profitability. 2. INFORMATION ON SZH SZH was incorporated in China as a private limited company focusing on research & development and innovative automotive electronic product software and hardware technology. 3. SALIENT TERMS OF THE MOU The salient terms of the MOU, amongst other, include the following:- The MOU shall commence on 15 June 2023 (“Effective Date”) and shall remain valid and in force for a period of twelve (12) months from the Effective Date. Either party may terminate the MOU upon three (3) months’ notice in writing by setting out the reasons for the termination provided that such termination will not affect any ongoing projects or obligations that have already been agreed and acted upon. The MOU may be extended by written agreement of both parties. Pursuant to the MOU, the joint venture agreement shall be based on the principle of good faith and shall be negotiated and executed by both parties within a reasonable period of time after the signing of this MOU. The terms and conditions shall be agreed by both parties. 4. RATIONALE OF THE MOU The purpose of the MOU is to undertake a collaboration in the areas as disclosed in Section 1 of this announcement to achieve the following:- (a) To establish a mutual relationship to become a marketing arm and service hub that target the automotive customers in ASEAN region; (b) To develop and market a range of new innovative products including automotive cockpit system and advance driver-assistance system (“ADAS”) which combine internet of things (“IoT”) connected technology with robust, safety design and intuitive user experience; (c) To develop other electric vehicles (“EV”) systems and related electronics products; (d) To generate new intellectual property (“IP”) and give the joint venture a unique and differentiated offering in the market; and (e) To access the new technologies that will benefit to both parties. 5. FINANCIAL EFFECTS The MOU will not have any material effect on the earnings per share, net assets per share, gearing, share capital and substantial shareholders’ shareholding of the Company for the financial year ending 31 March 2024. 6. RISK FACTORS The risk factors involved in this MOU at this juncture are expected to be minimal and in the event BESB enters into a future definitive agreement with SZH, the Board of Directors and Management of the Company will exercise due care in considering the associated risks and benefits. 7. INTERESTS OF DIRECTORS, MAJOR SHAREHOLDERS AND/OR PERSONS CONNECTED TO THEM None of the Directors and/or major shareholders of Betamek and/or persons connected to them have any interests, direct or indirect, in the MOU. 8. STATEMENT BY DIRECTORS Having considered all aspects of the MOU, the Board of Directors of the Company is of the view that the MOU is in the best interest of Betamek. 9. APPROVAL REQUIRED The MOU is not subject to approval of the shareholders of the Company and any relevant government authorities. This announcement is dated 15 June 2023.

Type	Announcement
Subject	OTHERS
Description	PRESS RELEASE ON BETAMEK EXPLORES EV DIGITAL SYSTEMS DEVELOPMENT, ADAS AND SMART COCKPIT SYSTEMS
We attach herewith a copy of the press release dated 15 June 2023. The announcement is dated 15 June 2023.

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3361990

Attachments BETA - Press Release (Betamek Explores EV Digital Systems Development ADAS and Smart Cockpit Systems).pdf

icy97

Type	Announcement
Subject	TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS
Description	BETAMEK BERHAD ("Betamek" or the "Company")- JOINT VENTURE AND SHAREHOLDERS AGREEMENT BETWEEN BETAMEK RESEARCH SDN. BHD. ("BRSB"), A WHOLLY-OWNED SUBSIDIARY OF BETAMEK AND SHENZEN ZHONGHONG TECHNOLOGY CO., LTD ("SZH")
Reference is made to the Company’s announcement dated 15 June 2023 in relation to the Memorandum of Understanding (“MOU”) between Betamek Electronics (M) Sdn. Bhd., a wholly-owned subsidiary of Betamek and SZH (“Announcement”). Unless otherwise defined, the definitions set out in the Announcement shall apply herein. The Company wishes to announce that BRSB and SZH (collectively, the “Parties”) had on 6 March 2024 entered into a Joint Venture ("JV") and Shareholders Agreement (“Agreement”) to collaborate and leverage on respective strength for the design, development, customisation, commercialisation marketing and sale of electronics product solutions and innovative technology solutions for the electric vehicle market in Malaysia and other countries in South East Asia through the equity participation of the Parties in a new company to be incorporated ("JV Company") pursuant to the Agreement. Please refer to the attached file for further details of the Agreement. This announcement is dated 6 March 2024. Please refer attachment below.

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3428609

Attachments BETA - JV and Shareholders Agreement.pdf

Type	Announcement
Subject	OTHERS
Description	PRESS RELEASE ON BETAMEK UNIT SIGNED JV AGREEMENT WITH SHENZEN ZHONGHONG TECHNOLOGY CO., LTD
We attach herewith a copy of the press release dated 6 March 2024. The announcement is dated 6 March 2024.

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3428620

Attachments BETA - Press Release (Betamek Unit Signed JV Agreement with Shenzen Zhonghong Technology Co Ltd).pdf

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Type	Announcement
Subject	TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS
Description	BETAMEK BERHAD ("Betamek" or the "Company")- PROPOSED ACQUISITION BY BETAMEK OF 100.00% EQUITY INTEREST IN SANSHIN (MALAYSIA) SDN. BHD. ("SANSHIN") FOR A TOTAL CASH CONSIDERATION OF RM13.44 MILLION ("PROPOSED ACQUISITION")
The Board of Directors of the Company (the “Board”) wishes to announce that Betamek had on 29 March 2024, entered into a conditional share purchase agreement (“SPA”) with Outsourcing Inc. (“Seller”), being the existing shareholder of Sanshin, to acquire 15,600,000 ordinary shares in Sanshin (“Sanshin Share(s)”), representing 100.00% equity interest in Sanshin, for a cash consideration of RM13.44 million ("Proposed Acquisition"). Please refer to the attached file for further details of the Proposed Acquisition. This announcement is dated 1 April 2024.

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3435060

Attachments BETA-Proposed Acquisition.pdf

Type	Announcement
Subject	OTHERS
Description	PRESS RELEASE ON BETAMEK EXPANDS CUSTOMER BASE WITH ACQUISITION OF SANSHIN, FURTHER ENHANCING PRODUCT DIVERSITY
We attach herewith a copy of the press release dated 1 April 2024. The announcement is dated 1 April 2024.

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3435061

Attachments BETA-Press Release (Betamek Expands Customer Base with Acquisition of Sanshin to Further Enhancing Product Diversity).pdf

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BETAMEK BERHAD

Type	Reply to Query
Reply to Bursa Malaysia's Query Letter - Reference ID	IQL-02042024-00001
Subject	PROPOSED ACQUISITION BY BETAMEK BERHAD OF 100.00% EQUITY INTEREST IN SANSHIN (MALAYSIA) SDN BHD FOR A TOTAL CASH CONSIDERATION OF RM13.44 MILLION ("PROPOSED ACQUISITION")
Description	BETAMEK BERHAD ("Betamek" or the "Company")- REPLY TO QUERY ON PROPOSED ACQUISITION BY BETAMEK BERHAD OF 100.00% EQUITY INTEREST IN SANSHIN (MALAYSIA) SDN BHD FOR A TOTAL CASH CONSIDERATION OF RM13.44 MILLION
Query Letter Contents	We refer to your Company’s announcement dated 1 April 2024, in respect of the aforesaid matter. In this connection, kindly furnish Bursa Securities with the following additional information for public release:- 1) The net assets of Sanshin (Malaysia) Sdn Bhd based on its latest audited financial statements. 2) The date/terms of payment of the cash consideration of RM13.44 million (“Purchase Consideration”). 3) The justification(s) for the Purchase Consideration, including details of the comparable companies/transactions considered by Betamek Berhad. 4) The estimated timeframe for submission of the applications to the Ministry of Investment, Trade and Industry of Malaysia and the Malaysian Investment Development Authority respectively.
We refer to our Company’s announcement dated 1 April 2024 in respect of the Proposed Acquisition (“Announcement”). Unless otherwise stated, all capitalised words and abbreviations used herein shall have the same meaning as those defined in the Announcement. The Company wishes to furnish the following additional information in connection with the Proposed Acquisition, as required by Bursa Securities pursuant to its query letter dated 2 April 2024 (Ref No. IQL-02042024-00001):- 1. The net assets of Sanshin based on the latest audited financial statements, which was as at 31 December 2022 was RM42.13 million. 2. The cash consideration of RM13.44 million shall be payable on the completion date being: (a) a date falling on the fifth (5th) business day following the business day immediately after the date on or by which all the conditions precedent in the SPA have been fulfilled or waived; or (b) such other date as the parties may agree in writing. 3. The Purchase Consideration was derived on a price earnings multiple of 10.0 times based on Sanshin’s audited profit after tax of RM1,343,826 for the financial year ended 31 December 2022. The Purchase Consideration is approximately 68.10% lower than the net assets of Sanshin as at 31 December 2022 based on its audited financial statements for the financial year ended 31 December 2022 and approximately 45.96% lower than its adjusted net assets based on its unaudited financial statements as at 31 December 2023. The comparable transactions considered by Betamek with reference to the sale of its own shares or the shares of its wholly-owned subsidiary, being the closest comparable business to Sanshin, as follows:- (a) Iskandar Holdings Sdn Bhd acquired 35% equity interest in Betamek Electronics (M) Sdn Bhd (“BESB”), a wholly-owned subsidiary of Betamek, from Huang Yen-Ling, the spouse of the late Lin Shih-Hsien at a consideration sum of RM38.5 million. The purchase consideration was arrived at on a willing-buyer-willing-seller basis, after taking into consideration the profit after tax (“PAT”) of BESB for the financial year ended 2021 (“FYE 2021”) of RM12.2 million, over which the purchase consideration represented 9 times the PAT of BESB for FYE 2021; and (b) The price earnings multiple of Betamek’s initial public offering price of approximately 16.7 times based on Betamek’s earning per share for FYE 2022 of approximately 2.99 sen, against Betamek’s enlarged share capital of 450,000,000 shares upon listing. The ascribed price-earnings multiple of 10.0 times in respect of the purchase consideration for Sanshin is within the range of the 2 comparable transactions listed above. 4. The applications to the Ministry of Investment, Trade and Industry of Malaysia and the Malaysian Investment Development Authority are expected to be submitted within three months from 29 March 2024, being the date of signing of the SPA. This announcement is dated 3 April 2024.