Posted by Anaconder > 2022-01-13 10:08 | Report Abuse

Director SKW still holding 33% , dare not sell down anymore

Posted by JUNGLE > 2022-01-13 10:47 | Report Abuse

Yup. Correct. So far no announcement from bursa.

Posted by Investing_Bursa > 2022-01-13 13:15 | Report Abuse

No announcement but going up is good sign

Posted by JUNGLE > 2022-01-13 13:43 | Report Abuse

Agreed

Posted by willee2 > 2022-01-13 22:53 | Report Abuse

need break 30c for real breakout

Posted by Heyboypui > 2022-01-14 17:00 | Report Abuse

别一直幻想了，这股都是要回去1毛的，起的时候一堆人，跌的时候没有人...别仙家淋了...

Posted by willee2 > 2022-01-14 17:13 | Report Abuse

break 25c danger danger

Posted by Investing_Bursa > 2022-01-15 13:27 | Report Abuse

No takut la. RTO is on way

Posted by willee2 > 2022-01-16 11:30 | Report Abuse

lol still believe in rto

Posted by Investing_Bursa > 2022-01-16 22:16 | Report Abuse

Lol, u got attend AGM or not? If got, u knw what is going on la

Posted by BursaRangers > 2022-01-16 22:32 | Report Abuse

https://klse.i3investor.com/blogs/BursaRangersTechnicalPicks/2022-01-16-story-h1597388265-BursaRangers_Daily_Technical_Picks_17_January_2022.jsp

Posted by JUNGLE > 2022-01-17 10:05 | Report Abuse

@investing_bursa I never attend the AGM. Anything mentioned about the RTO during the AGM?

Posted by Investing_Bursa > 2022-01-17 11:48 | Report Abuse

@Jungle - I rather not comment here as there are simply too many ppl making comments without knowing what is truly happening . Anyway it’s always a good sign it is going up with no announcement yet .

Posted by Investing_Bursa > 2022-01-17 11:49 | Report Abuse

Just like we agree, hold tight tight

Posted by JUNGLE > 2022-01-17 12:02 | Report Abuse

@investing_bursa sure.

Posted by UCanDoIt > 2022-01-17 16:41 | Report Abuse

Holding steady although mkt down

Posted by Investing_Bursa > 2022-01-17 16:52 | Report Abuse

Good closing

Posted by High5 > 2022-01-17 17:49 | Report Abuse

Yes so far after ran up fr 14cts ancomlb price has bn holding up very well..
more upside coming...hopefully good news vr soon

Posted by AdCool > 2022-01-17 17:53 | Report Abuse

still need to wait for the breakout.

Posted by High5 > 2022-01-17 18:39 | Report Abuse

Ancomlb Qr out ...pls do read the financial report...did mention RTO stil on

Posted by willee2 > 2022-01-17 18:42 | Report Abuse

it 0.3 only real show till then none of the words are valid = useless
fyi, rto had been going on for years till now. rto news out = catch small fishes and now so easily let those fishes off that easily ?

Posted by High5 > 2022-01-17 23:08 | Report Abuse

S5 Ancomlb rto news out for years? Are you sure? Read this

Posted by High5 > 2022-01-17 23:10 | Report Abuse

Status of corporate proposals
There were no corporate proposals announced but not completed at the date of
issuance of this Interim Financial Report other than the following:
ALB had on 16 July 2020 announced that the Company and its holding company,
Ancom Berhad (“Ancom”), had entered into a Heads of Agreement (“HOA”) with S7
Holdings Sdn Bhd (“S7”), Merrington Assets Limited (“MAL”), MY E.G. Capital Sdn Bhd
(“MYEG Capital”) and Avocat Sdn Bhd (“Avocat”) for the following:
(S7, MAL, MYEG Capital and Avocat shall be collectively referred to as “Vendors”
and ALB, Ancom and Vendors shall be collectively referred to as “Parties”)
i. Proposed acquisition by ALB of the entire share capital of S5 Holdings Inc.
(Company No.: LL14071) (“S5”) from the Vendors at a price to be agreed by
the Parties, subject to a valuation report to be issued by an independent
valuer to be agreed by the Parties, and in return ALB shall issue new ordinary
shares in ALB (“ALB Shares”) based on RM0.10 per share (“Consideration
Shares”) to the Vendors (“Proposed Acquisition”);
ii. Proposed Mandatory General Offer by the Vendors for the shares of ALB
which are not owned by the Vendors upon completion of the Proposed
Acquisition (“Proposed Mandatory General Offer”);
iii. Proposed private placement of new ordinary shares to be issued by ALB after
the Proposed Acquisition (“Proposed Private Placement”);
iv. Proposed offer for sale of part of the Consideration Shares in ALB to be held by
the Vendors upon completion of the Proposed Acquisition to independent
third party investors (“Proposed Offer for Sale”); and
v. Proposed disposal by ALB of Synergy Trans-Link Sdn Bhd (“STL”), a wholly-
owned subsidiary of ALB, to Nylex (Malaysia) Berhad (“Nylex”), a 50.25%
subsidiary of Ancom, at a valuation to be agreed by ALB and Nylex and upon
such terms and conditions to be determined later (“Proposed Disposal”). For
avoidance of doubt, the Proposed Acquisition, the Proposed Mandatory
General Offer, Proposed Private Placement and Proposed Offer for Sale are
not conditional upon the Proposed Disposal.
(Proposed Acquisition, Proposed Mandatory General Offer, Proposed Private
Placement, Proposed Offer for Sale and Proposed Disposal shall be collectively be
referred to as “Proposals”)
B8 Utilisation of proceeds
The Company does not have any unutilised proceeds raised from any corporate
exercise.Ancom Logistics Berhad (Registration No: 196601000150 (6614-W))
Notes to the Interim Financial Report for the financial quarter ended 30 November 2021

Posted by High5 > 2022-01-17 23:12 | Report Abuse

As long as they didnt announce it has bn aborted ..is stil on or why care to announce it 2gether wt qr

Posted by Investing_Bursa > 2022-01-18 12:38 | Report Abuse

Aiya don’t bother abt willee2, as i said, many comment here without facts or checking. Just ignore them bro.

Posted by JUNGLE > 2022-01-18 15:27 | Report Abuse

Agreed.

Posted by UCanDoIt > 2022-01-18 16:53 | Report Abuse

Tomoro open sure up up otw.,..

Posted by T800Terminator > 2022-01-18 20:25 | Report Abuse

No news is good news.

Posted by JUNGLE > 2022-01-18 21:53 | Report Abuse

According to logic. There are only 3 possible scenarios

1. RTO has proceeded. All necessary documentation have been submitted to bursa malaysia by S5, subject to bursa approval. Heads of Agreement(1 1/2 years) expired on 16th Jan.

2. RTO called off. As mentioned above, HOA expired on 16th Jan. Any void of contract should have been announced by Monday.

3. Extension of the HOA agreement deadline by both parties. Also as mentioned above, this should have already been announced by Monday.

So logically speaking, the 1st scenario have he highest probability of materialising.

Posted by JUNGLE > 2022-01-18 22:22 | Report Abuse

*the

Posted by willee2 > 2022-01-19 01:10 | Report Abuse

in few months time u will cry. time will tell

Posted by Investing_Bursa > 2022-01-19 09:41 | Report Abuse

Ya I agree . In few months we all will cry with joy .....lol

Posted by T800Terminator > 2022-01-19 17:37 | Report Abuse

Go check the announcement. HOA extend another 3mths. Good news coming soon I guess. This is not buy sell call. Buy and sell at your own risk.

Posted by JUNGLE > 2022-01-19 17:43 | Report Abuse

The only thing I'm concerned about is, will they keep on extending the agreement indefinitely.....

Posted by JUNGLE > 2022-01-19 17:43 | Report Abuse

Alot of shareholders money are already at stake...

Posted by Investing_Bursa > 2022-01-19 17:48 | Report Abuse

3 months is a short period but what I know most of the paper work is almost there d

Posted by JUNGLE > 2022-01-19 17:52 | Report Abuse

Ok bro. Thanks for the information. Hopefully they won't extend the HOA again.

Posted by Investing_Bursa > 2022-01-19 17:52 | Report Abuse

They brought in 2 new shareholders

Posted by JUNGLE > 2022-01-19 18:17 | Report Abuse

Yup. That's right bro

Posted by JUNGLE > 2022-01-19 18:23 | Report Abuse

@investing_bursa Just want to clarify. What are the odds of them delaying/extending the agreement again? Thanks

Posted by Investing_Bursa > 2022-01-19 18:33 | Report Abuse

@jungle- it’s hard to say but I knw one of the criteria is the award of some contracts S5 is waiting to get . I think possibly they will be awarded within this 3 months. As you knw, some gov contracts take time to be awarded

Posted by JUNGLE > 2022-01-19 18:35 | Report Abuse

@investing_bursa. Thanks for the information.

Posted by Investing_Bursa > 2022-01-19 18:37 | Report Abuse

Two contracts in particular NIIS and Border control

Posted by JUNGLE > 2022-01-19 18:37 | Report Abuse

According to logic, the possibility of them extending the agreement is very low.

1. If they need more time to consider this RTO exercise, they could have extended the agreement for another 1 year, instead of 3 months.

2. Hence the odds of them extending the HOA again is very low.

Posted by JUNGLE > 2022-01-19 18:42 | Report Abuse

The RTO can happen anytime within these 3 months. Hopefully

Posted by Investing_Bursa > 2022-01-19 18:45 | Report Abuse

I would also think so

Posted by Heyboypui > 2022-01-19 18:51 | Report Abuse

别兴奋，股票里面没人希望你赚钱的..

Posted by JUNGLE > 2022-01-20 09:15 | Report Abuse

The only hindrance is s5 must be awarded with at least rm 300 million worth of projects within these 3 months

Posted by Investing_Bursa > 2022-01-20 10:01 | Report Abuse

NIIS contract shd be soon

Posted by Heyboypui > 2022-01-20 10:20 | Report Abuse

快点买，今天便宜，不然明天就飞了