Malacca Straits Acquisition Company Limited is a blank check company incorporated as a Cayman Islands exempted company and formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. While the Company may pursue an acquisition opportunity in any industry or sector, the Company intends to focus on businesses which are currently part of Southeast Asian business conglomerates in the media, food processing, renewable energy and healthcare industries.
![Malacca Straits Acquisition logo](/files/LOGO/1807594-MLAC.png)
Company profile
CEO
Kenneth Ng
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Toyota Motor • General Motors • PACCAR • Navistar International • XPeng • Li Auto • VinFast Auto • Tesla • Oshkosh • Rivian Automotive ...
SEC CIK
Corporate docs
Subsidiaries
Malacca Merger Sub, Inc. ...
Latest filings (excl ownership)
15-12G
Securities registration termination
26 Jun 23
25-NSE
Exchange delisting
16 Jun 23
8-K
Departure of Directors or Certain Officers
16 Jun 23
RW
Registration withdrawal request
15 Jun 23
8-K/A
Financial Statements and Exhibits
14 Jun 23
8-K
Malacca Straits Acquisition Company Limited Announces Termination of Merger Agreement with Indiev, Inc and its Intention to Liquidate
13 Jun 23
10-Q
2023 Q1
Quarterly report
15 May 23
8-K
Malacca Straits Acquisition Company Limited Receives Nasdaq Notification Regarding Public Float
26 Apr 23
10-K
2022 FY
Annual report
31 Mar 23
8-K
Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant
31 Mar 23
Latest ownership filings
SC 13G/A
JPMORGAN CHASE & CO
6 Jul 23
3
Ka Lok Wong
16 Jun 23
SC 13G
AQR CAPITAL MANAGEMENT LLC
14 Feb 23
SC 13G
NOMURA HOLDINGS INC
14 Feb 23
SC 13G/A
PERISCOPE CAPITAL INC.
13 Feb 23
SC 13G
Polar Asset Management Partners Inc.
13 Feb 23
SC 13G/A
Owl Creek Asset Management, L.P.
9 Feb 23
SC 13G/A
Weiss Asset Management LP
3 Feb 23
SC 13G
JPMORGAN CHASE & CO
11 Jan 23
3
Initial statement of insider ownership
25 Nov 22
Financial summary
Quarter (USD) | Mar 23 | Dec 22 | Sep 22 | Jun 22 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | |
---|---|---|---|---|
Revenue | ||||
Cost of revenue | ||||
Operating income | ||||
Operating margin | ||||
Net income | ||||
Net profit margin | ||||
Cash on hand | ||||
Change in cash | ||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 107.77 k | 107.77 k | 107.77 k | 107.77 k | 107.77 k | 107.77 k |
Cash burn (monthly) | (no burn) | (no burn) | 91.10 k | 153.62 k | 67.76 k | 114.16 k |
Cash used (since last report) | n/a | n/a | 1.55 mm | 2.62 mm | 1.15 mm | 1.94 mm |
Cash remaining | n/a | n/a | -1.44 mm | -2.51 mm | -1.05 mm | -1.84 mm |
Runway (months of cash) | n/a | n/a | -15.8 | -16.3 | -15.4 | -16.1 |
Institutional ownership, Q2 2023
88.9% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 2 |
Opened positions | 1 |
Closed positions | 8 |
Increased positions | 0 |
Reduced positions | 0 |
13F shares | Current |
---|---|
Total value | 35.61 mm |
Total shares | 3.66 mm |
Total puts | 0.00 |
Total calls | 0.00 |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|---|---|
Malacca Straits Management | 3.59 mm | $35.61 mm |
Radcliffe Capital Management | 62.50 k | $0.00 |
JPM JPMorgan Chase & Co. | 0.00 | $0.00 |