without cause ???????????

Dyson Operations and Dyson Manufacturing had issued the notices of termination without cause pursuant to the terms of the respective Contracts. The effective date of termination shall be 1 June 2022 (the “Termination Date”).

https://www.klsescreener.com/v2/announcements/view/3462113

he Board of Directors wishes to announce that ATA Industrial (M) Sdn Bhd (“ATAIM”) has received the notices of termination on 24 November 2021 at 5.30pm from Dyson Operations and Dyson Manufacturing in respect of the following contracts (the “Contracts”):



1. The Contract Manufacturing Agreement dated 15 October 2020 between Dyson Operations and ATAIM;

2. The Agreement for the Supply of Goods and Services dated 1 March 2013 between Dyson Manufacturing and ATAIM; and

3. the Framework Agreement for the Supply of Goods (Tooling) dated 17 June 2009 between Dyson Manufacturing and ATAIM.



Dyson Operations and Dyson Manufacturing had issued the notices of termination without cause pursuant to the terms of the respective Contracts. The effective date of termination shall be 1 June 2022 (the “Termination Date”). Until the Termination Date, Dyson and ATA shall continue to fully perform their respective obligations under the Contracts. For ATA, this shall include continuing to manufacture and supply Products, Components and Tooling, and continuing to provide Services, for and on behalf of Dyson and its affiliates in accordance with the terms of the Contracts. The Board of Directors is taking advice on the validity of the notices of termination.



The Board of Directors also notes a news article on Reuters on 25 November 2021 in which references had been made to the termination of the Contracts by Dyson Operation and Dyson Manufacturing and to an audit of the Company’s labour practices. The Company confirms that prior to the receipt of the notices of termination, the Company had been in discussions with Dyson regarding the findings of the audit. The Company further notes that it had taken immediate steps upon being notified of the summary of the audit to engage Dyson in discussions and to engage professional advisers to assist the Company to review, verify and validate the findings of the audit.



Notwithstanding the receipt of the notices of termination, the Company will continue to actively look into the findings of the audit.



The Company will make further announcements at the appropriate junction.

What is 30 major shareholders names ? See anyone owned under Margin ?

Seems like the Making of 0.15 by closing.

Likely next week be making of 0.14 then 0.13 then 0.12..The RI fail.

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sck82, Foo just finished meeting with bankers, tomorrow buys in all those who throw at 0.82 using margin and pledge his belongings, he will then push it back to 1.20.

You shall make quick moneys not even touch your margin.

Good Luck..

SCK82, hero you

why Reuters never interview Foo in Singapore, yet they interview Dyson Singapore ??

ATAIMS, be an example to all big Malaysian Companies employed foreign workers to take good care for them. How a wish of Malaysian workers to stay in 3 star hotel facilities' hostels provided for foreign workers.

Termination Notice of 6 months, ie Termination. Stop.
This is not 6 months Warning. Its Termination. No more continuation of Partnership

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Wait for ATA to issue official statement lar....Foo must stand out to speak..dont tell me he is still in Singapore..
ATA statement is critical as they have to clarify to his shareholders, why without warning, straightaway terminate by Dyson. What they have done to force labour, yet still not able to satisfy Ang Mo standard. This is strange...Dyson dont do these as they have years of relationship as partners, if you know their background relationship. They have been together for more than 15 years.
They are not like US or UK customs, once government order received, they stop importation of goods.

24 Nov 2021 FOO CHEE JUAN (300,000 units Acquired)

This Singaporean Foo must be a fool..he should see all glove counters got labour issues, especially Supermax, just banned by UK.
If ATA under labour audit, he must immediately try all ways to resolve it, at least Dyson is not a listed company and may be able to settle it if hardship to improve labour conditions are seen.

Now all hardship over the years are gone overnight, i doubt Foo has been much benefited as compared to his loss now.

VS big factory and buildings are waiting for Dyson. May be all labour to move to VS and SKP to work too.

ATA be 0.50 tomorrow lor

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Dyson terminate....lol. 1 weeks ago, price movement pricing in the stuff

Dyson to terminate need to take at least 6 to 12 months, progressively, cannot be ad hoc type

LD...FFFFFF..kena badly ..

BIG MAD ..fffff

No need to talk 3 talk 4, the reality is :
The Making of 0.15 NOW

Likely next week be making of 0.14 then 0.13 then 0.12..The RI fail.

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See big volume in Ageson.
Why ?? Another good QR announced last night.
why only 5.5cents ?? Dont know., may be just like ARBB, why only 0.155...should be 1.55
hehehe

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Always take ATAims and VS to compare. Now its 1 apple and 1 peanut..

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The Making of 0.15 tomorrow

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THE MAKING OF 0.16 IS HAPPENING

THE MAKING OF 0.16 IS HAPPENING

https://www.bdo.my/en-gb/home
For you only..
Ifahjais BDO is Singapore auditors. Not Malaysian auditors. Haha

So the ONLY consideration is whether the financial reports are REAL. Don't forget their auditors is DeloittE
Change auditors already ..BDO now

GRAB and ARBB are Apple & peanut, no comparison

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See the Making of 0.16 tomorrow , or could be 0.155 tomorrow

0.14- 0.15 mother share with RI 0.12..this RI proposal is to be approve by SC and price to be set likely at 0.12..mother may even fall to 0.12 if RI is no good in the eye of investors

Keyboard warriors will shout to SELL SELL SELL

ALL SILENCE no more poison when price starts moving up...AYS first then Hiaptek

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why you all so free everyday ?

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Hopeless Bursa.
Tashin with super profit and 2 cent dividend, price stay and up 1 cent.
We need these gomen to improve in its budget and policies, even low foreign fund participations, the market is dead.

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Buy buy buy ??? i will think twice until the volumes come and rumours flying around town.
JB big boys sure know and they will spread

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Quote :OTB Tashin is reporting a very good Q3 2021 result.
Is it true that all steel stocks are performing very well ?
I recommend Hiaptek because I know that the PAT for 2022 is very good.
Good Performance will catch up, you must have the patience and perseverance to wait.

I told all reader since day one, buy and hold Hiaptek until September 2022.
The time is not due yet, please stop jump into your conclusion Hiaptek will not perform.

Wait and see.

As such Prestar, the mother of Tashin shall be super good too, at least more than 2 cents of dividends.

So, Hiaptek as big brother in these industry, you shall be a much more super profit than the above 2 companies.

Cheers for the price up up up to sky