Remember, there is an outstanding of 596 millions private placement shares to be issued...

Guys, just imagine, if AT price closing below 0.07, then who will subscribe to the private placement price of 0.0716....

Buyer's strength is 53 %, which is positive..

Until now, only 195,000 shares is done at 0.07,no body is selling below 0.075..

Guys, as long as directors or substantial share holders are not selling until this Friday, it means the deal with Pearl Glove is on...

Sorry, it is 200 millions PP shares issued not 2 billions, so total PP will be approx. 796 millions..

Only genuine buyers will buy big quantities at 0.075...

AT needs private placement to fund the Glove business which is now the best money making business in Malaysia..

Total private placement of 7.96 billions shares at 0
0716, only 2 billions PP shares issued worth 14.5 millions...

At issued 2 billions shares at 0.0716 and now buyers are Q to buy at 0.075 with 68 millions shares, it shows that some long term investors have confidence in AT acquiring Pearl Glove..

Gentlemen, are you people not happy to see AT finally diversification into Glove business, since Pearl Glove have capability to produce Industrial Glove, it will be easy to add capacity to produce medical glove...

Industrial automation system and machinery designer and manufacturer AT Systematization expects its first glove-dipping line to be operational in November.

It plans to expand to 20 lines within 36 months, with an annual production capacity of more than 3.2 billion gloves. The capex is estimated at RM150 million.

As part of the proposed diversification, it had on June 26 announced the purchase of Pearl Glove (Malaysia) Sdn Bhd for RM22 million cash.

It is looking to raise up to RM63.83 million via a private placement for working capital and capex for the glove business.

Industrial automation system and machinery designer and manufacturer AT Systematization expects its first glove-dipping line to be operational in November.

It plans to expand to 20 lines within 36 months, with an annual production capacity of more than 3.2 billion gloves. The capex is estimated at RM150 million.

As part of the proposed diversification, it had on June 26 announced the purchase of Pearl Glove (Malaysia) Sdn Bhd for RM22 million cash.

It is looking to raise up to RM63.83 million via a private placement for working capital and capex for the glove business.

According to the VIZIONE’s Managing Director Datuk Ng Aun Hooi, VIZONE has intention to venture into glove making industry as they do not foresee any oversupply situation for the next two years.

The company need time to build their lines in this new venture. The difference is VIZIONE is acquiring an existing and operating glove factory in a time where the demand will stay high for the next two years. VIZIONE wants to catch this wave while it lasts as it wouldn’t be the same by 2024 or 2025.

The wholly-owned subsidiary of VIZIONE known as VIP Index Sdn Bhd has inked a head of agreement to purchase a 51% stake in SSN Medical Products Sdn Bhd for RM5 million of cash. SSN will manufacture for both latex and nitrile medical gloves, latex condoms as well as specialty gloves such as elbow length medical gloves. There is about 80% of its products are exported to China, United States and Europe.

Guys, anyone knows the reason why Mr. Koon Yew Yin never make comments on Rubberex...

Jeffyap, thanks for valuable information and the announcement of 2 for 1 bonus issue..

I have no surprise that eventually it will be at 0.005..I only people who used share margin account to buy AAX above 10 sens...

Without loan payments, banks have no financial means to support shares margin loans to all the Glove counters..

So as glove counters because all banks will stop margin financing to them..

More than 700 counters already down, also glove counters, pls don't be greedy and take profit fast before other s

KLCI already down before PM announcement..

All banks stocks will be down after PM announcement..

Price to book value is only 0.25 %, the cheapest among property stocks...

Since the NTA is 60 sens per share, the mandatory offer price will not be less than 60 sens, it is cheap to keep the shares until privatisation or special dividend pay out..

Pls be noted the cash holding is 32 sens per share and the share price only 16 sens, it is also a privatise target as it is cash rich

Thanks, I need to accumulate enough shares to get free warrant and wait for S5 RTO Ancom Logistics to decide whether to convert into mother share..

Ancom is giving one free warrant for four Ancom shares, anyone knows when is the ex date for free warrant.

But why no body is buying the shares, is it something wrong with the management..

Nowadays face masks selling like hot cakes, why Iconic one of the largest face masks manufacturer in Malaysia..

Money is King...

All share holders got big dividend pay out last time, the CEO must be a billionaire now, he can start another business..

Thanks @ martinbartesque.. For excellent research..

Right issue with free warrant..

But whenever they announce right is with free warrant, then run fast...

Not yet, company still having cash for share buy back..

Monday up or down..

Yes yes yes

Careplus is a black horse, it will reach the same price like comfort Glove...

I hope some funds will help to push it above 40 sens and everyone happy for the Hari Raya.

Let hope Careplus will breach RM 3 very soon and I definitely will take profit first and wait for next QR result before jump in again.

And buy back again after the success of the right issue to raise a lot of cash...

Oh no, I don't have money to subscribe for right issue, I will cut loss first if both AA and AAX announced right issue to raise funds to...

Tomorrow please push the share above 40 sens...

I pity those who bought at 37 to 39 sens, I bought at 29 sens, I will earn more whenever it breach up 40 sens tomorrow.

I will take profit first and buy again when it breach year high records tomorrow..

Be careful, America and China are closing each other consulate, it may escalate to international markets..

I hope next QR will report a small profit.

I hope it is not as bad as Air Asia QR, otherwise I will cut loss now and buy back after the right issue announcements.

Current Liability is twice bigger than Current Assets, the cash holding is not enough to cover the debt, only enough to do share buy back on daily basis..

Need to have right issue with free warrant like Sapura Energy to inject cash to avoid classified into PN 17 status next year.

May be Indonesian government will injects money to save our national Airline...