Will it start move again?

What happen today?

let see can break 0.09 by tomorrow....

when the news will be annount?

I think it is good due to more focus on the CTO work in company.


Change in Boardroom

ETI TECH CORPORATION BERHAD

Date of change 13/08/2013
Name Khor Yee Kwang
Age 54
Nationality Malaysian
Designation Executive Director
Directorate Executive
Type of change Resignation
Reason To focus on his core responsibility as the Chief Technology Officer of ETITECH Group.
Details of any disagreement that he/she has with the Board of Directors No
Whether there are any matters that need to be brought to the attention of the shareholders No
Qualifications -
Working experience and occupation -
Directorship of public companies (if any) -
Family relationship with any director and/or major shareholder of the listed issuer -
Any conflict of interests that he/she has with the listed issuer -
Details of any interest in the securities of the listed issuer or its subsidiaries -

Announcement Info
Company Name ETI TECH CORPORATION BERHAD
Stock Name ETITECH
Date Announced 14 Aug 2013
Category Change in Boardroom
Reference No CC-130814-B1172

I think sure can....

Today have move already....

Got any news for this share???

Risk, are sure? And where you got the news? Can you pls share with us!

I think the 0.09 can be break then fly again.

Risk, are u talking this announment as below? It's good or bad news???

The Board of Directors of Etitech wishes to announce that ETI Tech (M) Sdn Bhd (“ETI-M”), a wholly-owned subsidiary of Etitech and the Company as Corporate Guarantor, had on 12 August 2013 been served with the Writ of Summon and Statement of Claims both dated 31 July 2013, issued by Penang High Court in relation to the claims filed by Standard Chartered through a firm of lawyers acting on behalf of the Plaintiff.
The Penang High Court had fixed the matter for Case Management on 29 August 2013.

According to the Statement of Claims, Standard Chartered had through a firm of lawyers acting on its behalf issued letter dated 07 January 2013 to ETI-M demanding to regularize the excess in the overdraft account in the sum of RM4,358,234.37 and to settle the outstanding sum of USD929,490.00 under Export Bills as at 31 December 2012 and subsequently another letter dated 06 June 2013 to ETI-M recalling the facilities and demanding payments of all sums due and owing and thereafter, another letter dated 17 June 2013 to the Company demanding the payment of the outstanding sums due and owing under the facilities. Standard Chartered filed the Writ of Summon with Penang High Court as ETI-M and the Company have failed to pay the outstanding sums demanded.

Particulars of claim and circumstances leading to filing of the Writ of Summon dated 31 July 2013

The Plaintiff seeks against ETI-M and the Company for the following :

1) The sum of RM5,033,557.46 being the overdraft facility amount owing by ETI-M as at 31 May 2013;
2) Interests on the sum of RM5,033,557.46 at the rate of the Plaintiff’s Base Lending Rate (a fluctuating rate which is currently at 6.60% per annum) + margin of 1% per annum + default rate of 1% per annum, from 01 June 2013 until the date of full settlement;
3) The sum of USD937,918.92 being the Export Bills amount owing by ETI-M as at 31 May 2013;
Interests on the sum of USD915,000.00 at the rate of the Plaintiff’s Foreign Currency Cost of Fund at 0.9% per annum + margin of 1.5% per annum + default rate of 1% per annum, from 01 June 2013 until the date of full settlement;
4) Costs on a solicitors and client basis; and
5) Such further and/or other relief as the Court deems fit.

Financial & Operational Impact

The amount had been accounted for in the Company’s and ETI-M’s accounts as such there is no further financial impact on the Group. The litigation will not have any operational impact on Group.

Expected losses to the Group, if any

Save for the amount that have already been provided, ETI-M and the Company are exposed to the claim, interests and legal expenses.

ETI-M is in the midst of negotiation with Standard Chartered and the Company will announce further developments on the above matter as and when necessary. The Company will be appointing a lawyer for case management.

This announcement is dated 12 August 2013.

What is a good news, can share!

William, I agree with you. The new management are qualified and capable.

The battery is manufacturer by Etitech year 2011.

electric two-wheelers debut


Tuesday, 29 March 2011 17:56
KUALA LUMPUR: Homegrown Eclimo Sdn Bhd has unveiled three models of its own-developed electric two-wheelers, promising consumers with an alternative riding experience that is environmentally-friendly, smooth and quiet.

The ES11 scooter will be the first to start selling in June. The models are the ES 10 and ES11 scooters, and the EB25 motorcycle which are powered by in-wheel electric motors and lithium batteries with a recharging time of 3.5 hours using a normal household wall socket.

The ES10 and ES11 promise a performance of a 125cc scooter with a top speed of 100kph and a range of 100km.

The ES10 looks similar to a normal scooter while the ES11 has a more futuristic look with body panels covering up most parts of the machine.

The EB25 motorcycle, meanwhile, is the most powerful of the trio and claims a performance of a 200cc motorcycle with a top speed of 150kph and a range of 160km.

The EB25, which is designed in Japan, bears a sleek and futuristic look that could be something straight out of a Tron movie set. It has an electronic instrument panel and comes with LED head and tail lights.

The electric two-wheelers were unveiled by Energy, Green Technology and Water Minister Datuk Seri Peter Chin here today.


The Eclimo EB25 electric motorcycle (left) and ES11 electric scooter.
Eclimo chairman Datuk Abdul Rahim Abdul Rahman said lithium batteries offer greater performance and were environmentally friendlier compared again lead-acid batteries which were banned in several countries.

He also said the sales of the electric two-wheelers would begin after the Road Transport Ministry’s vehicle-type approval was obtained.

The Road Transport Act was amended last November and now allows electric-powered vehicles to be used on public roads.

Eclimo director K.B. Woo said all models come with a five-year warranty on body and parts, and a three-year warranty on battery.

The lithium batteries are produced by Penang-based ETI Tech (M) Sdn Bhd using lithium cells from Panasonic, while the two-wheelers are assembled by Naza.

“We are expected to launch the ES11 in two month’s time and the other models soon after,” he said.

Woo said the company was finalising its nationwide dealership which might have between 180 to 200 dealers in 12 months’ time.

To help Malaysian own the ES11, Woo said the company had worked out a financial package with a local financial institution and MasterCard consisting of a RM199 monthly payment for a five-year period.

Lee Chong Wei Boleh, Malaysia Boleh.

Hope can fly to north by next week. Ha.

Any news!

Got big buyer bought the share on today and yesterday.
Any comments are welcome.

Announment on 5th August.


（吉隆坡5日讯）之前展延呈交截至2013财年2月28日审计财报的ETI科技（ETITech，0118，主板科技股），该财报已在8月1日呈交，并在今日恢复交易。
ETI科技今日复牌后受到追捧，成为全场第5大热门股，全日涨幅高达40%或2仙，以7仙挂收。
此外，ETI科技也委任现年65岁的拿督莫哈末亚欣，担任独立非执行主席一职，他在1970年参军，并在1971年在皇家马来军团被委任为少尉。
此外，该公司也委任现年35岁的温国文（译音）为独立非执行董事；至于现年39岁的非执行董事拿督张立轩（译音），则被委任为执行董事。

Same price with Flonic will be good already.

any TP for this? I guess it is very difficult to give TP for this counter.....

Dennis Chuah have sold out all the shares already.

any good news for this counter?

Thanks. Ooi.

Ooi, how about PMcorp counter? It seem like this company have make profit slowly.
Any comments on this? Thanks in advanced.

This counter still have good support. If you have holding power then this counter still can hold. I guess.

Yes, I think so and means the company report will become good.

Old news on 1st August. Just FYI

（吉隆坡1日讯）巴迪玛斯（PATIMAS，7042，主板科技股）审计师，针对公司截至2013年3月31日的财报，发表“否定声明”（Disclaimer Opinion）。
巴迪玛斯向马交所报备，外部审计师Messrs.HASNAN THL WONG & PARTNERS表明，他们无法为公司的2013财报提供任何审计意见。
审计师此前发现巴迪玛斯虚报项目、违规付款供应商及浮报收入。此外，公司和子公司无法偿还贷款，拖欠434万令吉。
有鉴于此，审计师质疑巴迪玛斯持续经营的能力，因为公司或无法兑现资产和降低负债。
巴迪玛斯必须在今年10月31日前呈交重组计划，否则可能从马交所除牌。然而，公司迄今未完成重组计划。
审计师强调，公司能否持续经营，最终有赖公司的重组计划。

The share are not drop when the bad news come out.
Definition of disclaimer opinion:
Disclaimers of opinion are documents that are sometimes issued by an auditor. This type of auditor’s statement essentially makes it clear that the auditor is not in a position to express a specific opinion on the overall status of the financial records of the client. A disclaimer of opinion may be issued when there is any type of irregularity that the auditor is not able to reconcile to his or her satisfaction.

No announment for today but the disclaim option have announ yesterday.

The dispose of land have been close today. It is good. Pls refer to announment today.

Still got hope. Pls refer to announment today.

Change in Audit Committee

PATIMAS COMPUTERS BERHAD

Date of change 29/07/2013
Name ONG TEE KEIN
Age 56
Nationality MALAYSIAN
Type of change Appointment

I don't know whether have any related or not. But if the tencent buy the Patimas share from CPE then it will be good.

阿里內部股價傳飆至160RMB，馬雲身家逼近首富
2013/07/24 12:35 嘉實資訊


精實新聞 2013-07-24 12:35:11 記者 余美慧 報導

南方都市報報導，昨日有消息傳出，大陸阿里巴巴集團已向港交所遞交上市申請，預計10月掛牌上市，估值最高將達1,000億美元，集資額最高200億美元，可望成為香港新一任集資王。而水漲船高的除了融資額，還有員工持股，據悉，阿里巴巴內部股價格已從一年半前的80元/股(人民幣,下同)左右，漲至目前的160元/股。

根據阿里巴巴上市估值800億-1,000億美元估值計算，若以馬雲持有阿里巴巴約7%的股份來看，其身家可望達到約343億至429億元，逼近馬化騰(大陸新任首富)467億元的財富值。而阿里的賺錢能力也在趕超騰訊，未來兩馬的首富地位可能有機會一爭。

據悉，2011年9月阿里巴巴內部曾經啟動一項名為「黎明計劃」的員工股權購買計劃。當時，符合條件的阿里巴巴集團員工可按自己意願，在規定的比例上限內出售所持有的集團股權，從而獲得現金收益。在該交易中，員工股份的回購價格是13 .5美元/股，交易涉及阿里巴巴股權約5%。

日前，有消息在網上流傳，指阿里巴巴集團內網，有員工轉讓3萬股阿里巴巴集團股票，每股160元，兩日後共套現480萬元。阿里巴巴集團發言人對此沒有正面回應，僅表示「阿里味」(aliway.com)僅是員工可以自由發帖的論壇。

針對阿里巴巴集團已向港交所遞交上市申請等事宜；阿里巴巴集團發言人昨日澄清表示，集團尚未聘請投資銀行，亦尚未確定上市的時間和地點。

sorry, due to I don't have any info/tips for this share therefore I just reporting the price. But director have been aquired a lot of share and additional the company also sell the land in Singapore.
I will guess all this news are good news.

yes, need to be careful.

On 11-13 September 2013, PATIMAS will be participating in the ITX Asia Conference 2013 organized by Business Media International that will take place at KLCC Kuala Lumpur.

The agenda of the conference is to streamline on data ownership issue in cloud environment, issues in adoption of cloud computing system & solutions, change management – how to migrate from your existing system to cloud system, data ownership, future trends in IT enterprises, relevance of business intelligence solution from IT strategy perspective and how to ensure return on Investment made on IT infrastructure.

This 3-day trade expo is targeting 8,000 enterprise, government and SMB buyers and decision makers.

Now oil and gas counter so hot then will be telecom counter coming soon.

The contracting services include:

Mobile Network Modernization
These corer 2G and 3G network modernization works, including the deployment and integration of next generation technologies such as LTE (Long Term Evolution) networks and optimization works to complement future growth across the operator's network.



Fiber Optic Design and Civil Work
Patimas designs and develops strategies to implement innovative Outdoor and Indoor fiber optic deployment works. Patimas' robust approach enables roll out of networks cost effectively, minimizing time and disruption associated with traditional methods of implementation.



Broadband Access Network
Patimas provides broadband service installation and commissioning for the major operators in Malaysia. Expert professionals will undertake to install and commission the broadband services for both home and business users to ensure that their equipment provides the optimal throughput.



Next Generation Network Design and Implementation
This includes the Metro-E Network, and its related network services. The successful implementation of this technology helps eliminate barriers to efficiency, speed and performance by simplifying networks and connecting people more efficiently.

Successfully implemented IP Network allows the operator to handle broadband growth and ensure smooth evolution path to a simple, smart and scalable next generation network.

Innovative next generation telco solutions Patimas Telecommunication
Patimas offers revolutionary business solutions for the telecoms industry via its Telecommunications arm. Through smart partnerships and global network with reputable software and hardware support teams, Patimas delivers internationally recognized project management, consulting and planning services. Patimas also design, implements and deploys next generation telecommunication network solutions both locally and globally.

Still remain 0.155 by today.

Why not much talk in this forum because the share was not move .....

Today 0.155 then will be 0.160 for tomorrow.

Now is wait for the company re-structure proposal on Oct this year.

still have support at 0.04. Guess CPE was still hold the share.

good, every day up 0.005 cent should be very good enought already.

Yes, I think this will up a bit 1 cent day to day. It is most heathly. Good.

Can this share fly slowly? Can any one comments on this.

CPE still hold 5% of the Patimas share. Can anyone comments on this?

The below us old news for last month:

最新 分類 評論 RSS
簡
傳騰訊收購了馬來西亞 ICT 提供商 Patimas Computers 15%股權
Tech2IPO 10-Jun-13 中國內地資訊



馬來西亞當地媒體 Astro AWANI 日前報道稱，中國互聯網巨頭騰訊公司已經收購了信息通信技術（ICT）提供商 Patimas Computers 15%的股權；不過，這筆交易的財務細節未被透露。

該報道援引消息人士的話稱，騰訊此舉意在加速它在大馬的擴張步伐，而 Patimas Computers 深耕本土的經驗與所持有的技術將幫助它達成目的；Patimas Computers 為客戶提供信息通信技術基礎設備和雲服務，而這兩項服務均可為微信進行技術支持。不過，因為 PC 市場的衰退，Patimas Computers 也遭受牽連，近年來其一直處於虧損狀態。

目前，微信共有逾4億註冊用戶，而每月的活躍用戶量也達到了1.944億；另據騰訊最近公布的數據顯示，微信海外版 WeChat 現共有逾4000萬用戶。

then this shares got any news?

will it slowly fly again.....