UNCONDITIONAL MANDATORY TAKE-OVER OFFER BY AKK CAPITAL SDN BHD TO ACQUIRE ALL THE REMAINING ORDINARY SHARES IN PARAGON UNION BERHAD
(EXCLUDING TREASURY SHARES) NOT ALREADY OWNED BY THE OFFEROR
AND ULTIMATE OFFEROR (“OFFER SHARES”) FOR A CASH OFFER PRICE OF
RM0.55 FOR EACH OFFER SHARE (“OFFER”)

https://www.theedgemarkets.com/article/malaysia-has-signed-initial-agreement-pfizer-procure-128-million-doses-covid19-vaccine

https://m.youtube.com/watch?v=AgvGzv6XA4Q

Private Placement of up to 20% of the total number of issued shares of Kanger.

No. of shares issued under this corporate proposal 183,237,544

Issue price per share ($$) Malaysian Ringgit (MYR) 0.1673

18.11.2020 (20,000,000 @$0.065)
Exercise of options under the Share Issuance Scheme

18.11.2020 (20,000,000 @$0.070)
Exercise of options under the Share Issuance Scheme

AT Systematization cancels RM22 mil acquisition of industrial glove maker
Justin Lim
/
theedgemarkets.com

November 11, 2020 22:13 pm +08

AT Systematization cancels RM22 mil acquisition of industrial glove maker

KUALA LUMPUR (Nov 11):

AT Systematization Bhd, whose shares price surged 42.11% or eight sen to 27 sen today, said its RM22 million planned acquisition of industrial glove maker Pearl Glove Sdh Bhd has fallen through.

In a statement, it said it has terminated the share sale agreement it inked in June with the vendors Hai Hong Capital Sdn Bhd, P’ng Sim Guan, P’ng Lai Heng, Hai Hong Holdings Sdn Bhd and Aaron Khoo Teng Soon for the purchase, due to the non-fulfilment of certain conditions. However, it did not elaborate what these conditions were.

Following the purchase cancellation, AT Systematization said it will be focusing on building up its own glove production capacity via the establishment of a new plant in Perak.

"This focus is expected to enable its glove manufacturing plant to be established in a mere five months period, as compared to the average period of one-year which is typically required for a glove manufacturing facility to be completed and commissioned,” the firm's statement read.

"Despite the setback in relation to the proposed acquisition of Pearl Glove, the group said we remain committed to accelerate the completion of our glove manufacturing plant in Perak, through which we target to see the delivery of our first batch of nitrile gloves by the end of this year. This would enable revenue contribution from the new glove business in the current financial year of 2021 (FY21),” said AT Systematization's managing director Choong Lee Aun.

Choong said the firm's investment and growth strategy are supported by the continued strong demand for gloves, adding that the company has received "overwhelming response and enquiries for orders from foreign and local buyers, even before the start of production".

AT Systematization, which was the most actively-traded stock yesterday with 1.67 billion shares done, again topped the actives list today with a trading volume of 2.83 billion shares, which account for 27.77% of the total 10.19 billion shares traded on Bursa Malaysia for the day.

At 27 sen apiece, AT Systematization now has a market capitalisation of RM878.34 million.

fixed the Issue Price at RM1.38 per Placement Share.

cn21. Section 129. Age limit for directors.

(1) Subject to this section but notwithstanding anything in the memorandum or articles of the company no person of or over the age of seventy years shall be appointed or act as a director of a public company or of a subsidiary of a public company.

(i) 73,292,700 outstanding employees share options (“ESOS Option(s)”) granted
and exercisable into 73,292,700 new VS Shares on the basis of one (1) ESOS
Option for one (1) new VS Share at an exercise price of RM0.70 per new VS
Share;
(ii) 9,195,800 outstanding ESOS Options granted and exercisable into 9,195,800
new VS Shares on the basis of one (1) ESOS Option for one (1) new VS Share
at an exercise price of RM1.42 per new VS Share; and
(iii) 700,000 outstanding ESOS Options granted and exercisable into 700,000 new
VS Shares on the basis of one (1) ESOS Option for one (1) new VS Share at an
exercise price of RM2.23 per new VS Share,

Wait and see the board of directors meeting on tomorrow to approve the 4th quarter 2017 results.

Notwithstanding anything in this section a person of or over the age of (SEVENTY YEARS) may by a resolution of which no shorter notice than that required to be given to the members of the company of an (AGM) annual general meeting has been duly given, passed by a (MAJORITY OF NOT LESS THAN THREE-FOURTHS) of such members of the company as being entitled so to do vote in person or, where proxies are allowed, by proxy, at a general meeting of that company, be appointed or reappointed as a director of that company to hold office until the next annual general meeting of the company or be authorized to continue in office as a director until the next annual general meeting of the company.

Fighting for power - “Fearful when others are greedy"

Details of Corporate Proposal : Long-Term Incentive Plan
No. of shares issued under this corporate proposal : 135,000
Issue price per share : Malaysian Ringgit (MYR) 1.4000

Latest issued share capital after the above corporate proposal in the following
Units : 495,112,172
Issued Share Capital : Malaysian Ringgit (MYR) 495,112,172.000
Listing Date 28 Feb 2018

2017 average metallurgical price (1st quarter $1,952.98 ; 2nd quarter $1,755.40; 3rd quarter $2,003.62; 4th quarter $2,018.71). 2018 Jan - $2,120.09

19/2/2018 CIMB SECURITIES - SINO HUA-AN INTERNATIONAL BHD forms bullish "Symmetrical Continuation Triangle" chart pattern. This bullish signal indicates that the stock price may rise from the close of 0.560 to 0.740-0.780. The pattern formed over 24 days which is roughly the period of time in which the target price range may be achieved, according to the standard principles of technical analysis.

Dec 2017

1st quarter (sale 86,698k, net loss 1,012k) ; 2nd quarter (sale 259,017k, net profit 21,985k) 3rd quarter (sale 269,297k; net profit 34,417k) 4th quarter (sale ??? ; net profit ???)

average quarterly prices for metallurgical (1st quarter $1,952.98 ; 2nd quarter $1,755.40; 3rd quarter $2,003.62; 4th quarter $2,018.71). What do you think about the 4th quarter financial reports ?

Comfort Gloves may climb higher, says RHB Retail Research
TheEdgeMon, Jan 22, 2018 - 1 day ago

KUALA LUMPUR (Jan 22): RHB Retail Research said Comfort Gloves Bhd may climb higher after posting a white candle and hitting its 1-week high.

In a trading stocks note today, the research house said last Friday’s white candle can be viewed as a continuation of the bulls extending the rebound from Jan 16’s “Hammer” pattern.

“A bullish bias may emerge above the RM1.12 level, with an exit set below the RM1.06 threshold.

“Towards the upside, the immediate resistance point is at RM1.30. This is followed by the RM1.50 level,” it said.

insider buying shows management’s confidence in the company, and is considered a bullish sign—in other words a sign that stock prices are likely to go up

FUND RAISING XINGHE HOLDINGS BERHAD. On 17 January 2018, the Board fixed the issue price for 150,000,000 Placement Shares at RM0.052 each.

A Group of Crooks selling at low price to another same Group of Crooks in order to press down the price and cause a panic sell off by small-time traders. Huaan future looks good. Another stock to recommend - Texcycl.

WINDING UP / RECEIVER & MANAGER / RESTRAINING ORDER - THHeavy (So many problems)

Hopefully this counter will close at 0.59 and above today's.

How many months of "Hua-An" (花红) did you get for the year of 2017 ?

Metallurgical Coke price has increased threefold from $699 (1/1/16) to $2,353 (31/12/17) resulted Hua-An profit increased from 2nd quarter ($18,105,000) to 3rd quarter ($34,410,000). Fourth-quarter is expected to announce by the end of this month.

Thailand, Indonesia and Malaysia' pledge to withhold exports of 350,000 tonnes of natural rubber (NR) until March 2018 comes into immediate effect on Thursday.
Read more at https://www.thestar.com.my/business/business-news/2018/01/04/malaysia-thailand-indonesia-to-hold-back-rubber-exports/#F1x1KJ0CjQbQvWP7.99

Asian Finance Bank Berhad - Last Year Profit 3,649,929. Current half year loss of (18,985,506). Earnings per share for the 1st half year (7.19)