Hwa6616

Hwa6616 | Joined since 2021-08-16

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2021-09-26 16:34 | Report Abuse

Can share what will happen if Samchem lists in Vietnam? What's the effect to the current shareholders?
Will the current shareholders in Malaysia be diluted?

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2021-08-20 09:57 | Report Abuse

Thanks. Interesting that it is mentioned in the chinese newspaper.

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2021-08-20 09:45 | Report Abuse

@Jeff7, where is it mentioned that Bidor terminal has gotten approval yea? Only found it being mentioned in the QR about it being in long term plan.

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2021-08-16 14:54 | Report Abuse

@bosskufanboy, ahhh.. I also saw that. But could not find a direct mention that link the negative goodwill to that acquisition. So i also wonder whether the goodwill comes from the acquisiton of #1 or from share sale to Syntech (#2).

1. On 3 June 2021, ARB AI Agro Sdn. Bhd., an indirect wholly-owned subsidiary of the Company, had subscribed 90% equity interest of Digital Agrophonic Sdn. Bhd. for a total consideration of RM8,864,443.

2. On 25 June 2021, ARB Robotic Sdn. Bhd., an indirect wholly-owned subsidiary of the Company, entered into a Share Sale Agreement with Syntech Venture Sdn. Bhd. to acquire the entire equity interest of ARB Intelligence Sdn. Bhd. for a total consideration of RM9,400,000.

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2021-08-16 14:26 | Report Abuse

Hi can someone help to elaborate?
QR mentions that 12.7mil of profit is from negative goodwill. From Google it means there is a buy/sell of assets below valuation. So, in this case, the negative value is a gain(profit), but is arbb the buyer or seller of the assets?