Posted by Yolo1234 > 2020-12-08 15:43 | Report Abuse

@hotstuff, thanks for sharing the link. gonna hold until inix reaches RM1

Posted by Miz Raya Bloom > 2020-12-08 15:51 | Report Abuse

ni TP bukan seringgit lagi

Posted by Bemillion > 2020-12-08 15:52 | Report Abuse

Good news

Posted by mnysff > 2020-12-08 15:52 | Report Abuse

Signed MOA only. Just careful guys.

Posted by mnysff > 2020-12-08 15:53 | Report Abuse

Can cancell anytime.

Posted by Miz Raya Bloom > 2020-12-08 15:53 | Report Abuse

muka depa macam bussiness like je, ku pun confident

Posted by Bemillion > 2020-12-08 15:54 | Report Abuse

.World Gloves International Group - WGI
Manufacturing and Distribution of Latex Gloves and Nitrile Glove

Posted by Miz Raya Bloom > 2020-12-08 15:54 | Report Abuse

berani ke nak cancel? tu member ketat Sultan Selangor

Posted by Bemillion > 2020-12-08 15:55 | Report Abuse

Smart partnerrship

Posted by pineapple8888 > 2020-12-08 15:55 | Report Abuse

Hope that Inix will close green today 杰哥加油

Posted by Jom_Terbang > 2020-12-08 15:56 | Report Abuse

PRESS RELEASE
(Embargo to 5pm, 08th December 2020)
INIX becomes an International Glove Supplier
under the leadership of Tan Sri Jojo

Petaling Jaya, 08th December 2020: Inix Technologies Holding Sdn Bhd (“Inix”, Stock code 0094) has enter into a memorandum of agreement (“MOA”) with the glove manufacturing group WGI Group (WGI) to acquire a 51% stake in the latter and making it an international glove supplier instantly.

The WGI Group factory is located in Petaling Jaya, Selangor. The latex gloves and nitrile gloves produced are sold to the United States, Europe, the Middle East, India, Japan, and South Korea. Through this acquisition, Inix is directly promoted to be an international gloves supplier.

Tan Sri Syed Mohd Yusof bin Tun Syed Nasir said, “Covid-19 pandemic has caused a significant increase in global glove demand. Entering the glove industry can not only create sustained and stable profits for the company, but also help all mankind fight the epidemic. It is a forward-looking and meaningful investment.”

Datuk Tan Choon Hwa, Vice Chairman of (陈春华) said, “Inix will pay for the acquisition in cash and issuing new shares. More details of the acquisition will be announced in the near future.”

The Executive Director of Inix, Siva Kumar Kalugasalam said, “We believe that this acquisition which come with international certification will improve our margin for our glove business and make a positive contribution to the group's future profitability.”

WGI Group Chief Operation Officer Goh Poh Seng [吴葆盛] said, “WGI Group is a glove manufacturer with advanced equipment and perfect international sales channels. The three main glove products produced by the group, namely latex gloves, nitrile gloves and surgical gloves, sell well in many countries. Our turnover is RM10 million per month.”

Among the WGI director who was present was Dato’ Dr Lingesh Mari. He has extensive experience in the healthcare field and has more than 20 years of experience in related fields.

Dr Lingesh said, “We have strategic partnership with various manufacturers in Penang and Selangor, which produces rubber and nitrite gloves. We have product certification from Food and Drug Administration of US (“FDA”) and CE certification from Europe.”

Recent development
Last Friday Inix inked a Memorandum of Agreement with L&S Gloves Sdn Bhd (L&S Glove) and acquire 51% equity interest of the latter, which is currently in production. This would be Inix's latest manoeuver to penetrate into the lucrative rubber glove industry.

Inix reported to Bursa Malaysia today that L&S Gloves has two production lines in its factory in Beranang which is in production. Inix plans to expand own production up to 14 line in the next one year plus. Total Inix’s investment into this project is estimated to be no less than RM50 million.


Background of Inix
Inix itself is an investment holding company. The company is engaged in hardware and software supply, including software development and system integration, books that are engaged in sales, and businesses, including investment holdings and others.

Inix technology subsidiaries include Ansi Systems Sdn Bhd, which is engaged in software development, system integration and book sales. NCSoft Sdn Bhd is engaged in software development, system integration, information technology management, consulting and other related professional services, as well as system integration.
Inix mainly focuses on E-commerce portals, new software integration solutions and mobile application functions, and also strengthens some software development, while implementing customer-specific projects.

Posted by Hotstuff > 2020-12-08 15:57 | Report Abuse

it wont cancel this time. INIX is real serious now

Posted by Kimjongbull > 2020-12-08 15:58 | Report Abuse

Vaccine distribution will put Inix on the next higher level. For now, these glove ventures are enough to poer up Inix. Go Inix Power Rangers Go.

Posted by krazzy > 2020-12-08 15:58 | Report Abuse

Wah... Going crazy liao...

Posted by pineapple8888 > 2020-12-08 15:58 | Report Abuse

杰哥 希望你看到我的留言。 我跟你有过一面之缘。看得出你的努力，你之前说到的都一一展现在我的面前，所以我花了不少钱投资在你的公司，祝福你的公司股票长青，大家都有钱赚。加油！

Posted by ling1224 > 2020-12-08 16:00 | Report Abuse

dun sell your ticket to shark, they scare u and want your ticket only

Posted by pineapple8888 > 2020-12-08 16:03 | Report Abuse

This 2 weeks will be INIX week. Cheer haha

Posted by Batmanreturn > 2020-12-08 16:04 | Report Abuse

Pineapple, he heard u..

Posted by Kimjongbull > 2020-12-08 16:04 | Report Abuse

Fuyoh Hotstuff,

The uploaded Facebook video is really hot. Real proof that Inix has partnered with WGI - World Gloves International.

So now Inix + L&S Gloves Beranang + WGI = a powerful combination of gloves

Posted by Hotstuff > 2020-12-08 16:07 | Report Abuse

today vaccine sentiment is bad. tomorow will fly

Posted by pineapple8888 > 2020-12-08 16:09 | Report Abuse

Just for your info, Batman. 我有跟杰哥谈过电话做过一些买卖生意。很多细节他都是不辞劳苦，亲力亲为！而且他的人很顺，没有那些大老板架势。杰哥！我相信你！

Posted by Miz Raya Bloom > 2020-12-08 16:10 | Report Abuse

ku baca vaccine UK ASTRA ZENECA sesuai untuk elderly

Posted by pineapple8888 > 2020-12-08 16:11 | Report Abuse

He use his effort to build up this company, and he saying that he will invest in glove factory few months ago then today is the signing ceremony. I hope this company will give dividend and bonus soon hahaa

Posted by Batmanreturn > 2020-12-08 16:13 | Report Abuse

This is definately will. Will be top 4.

Posted by pineapple8888 > 2020-12-08 16:16 | Report Abuse

杰哥，今天低3仙卖的明天就让他们错失赚3角的机会！也希望今天闭市close green!

Posted by Batmanreturn > 2020-12-08 16:25 | Report Abuse

Good

Posted by arcadiafire > 2020-12-08 16:25 | Report Abuse

Uhh... what’s happening

Posted by Jom_Terbang > 2020-12-08 16:28 | Report Abuse

Just when to the signing ceremony, a very fruitful trip. Bunch of stock on hand to be exported out and I am sure it will definitely generate revenue and profit for inix

Posted by fl888 > 2020-12-08 16:30 | Report Abuse

Maybe exIGP going to be Chairman of Mtronics....

Posted by patrickong > 2020-12-08 16:32 | Report Abuse

Why good news price not up??

Posted by patrickong > 2020-12-08 16:32 | Report Abuse

Nobody aware??

Posted by arcadiafire > 2020-12-08 16:33 | Report Abuse

Think because not announce yet.. press release embargo until 5 pm

Posted by Bcareful > 2020-12-08 16:43 | Report Abuse

Hahhahaha sell on news ar
Shark already abandon this counter , take profit and makan abalone , left those sochai retailer syok sendiri..bye bye ,hahahhahahah

Posted by CUTLOST > 2020-12-08 16:44 | Report Abuse

Inix, yontai, kanger, Bintai.. Same operator

Posted by patrickong > 2020-12-08 16:45 | Report Abuse

Trap??

Posted by Bcareful > 2020-12-08 16:46 | Report Abuse

Those newbie, come on dun listen to those conman say what la...nowbu should buy bintai and solution , tmr u turn 99

Posted by patrickong > 2020-12-08 16:46 | Report Abuse

Share drop because of??

Posted by OG_trader > 2020-12-08 16:46 | Report Abuse

just now said evening after 4 fly. now uturn already say tomorrow leh?

Posted by Batmanreturn > 2020-12-08 16:46 | Report Abuse

No trap at all. Inix is only inix, no operator as others.

Posted by vaccineisscam > 2020-12-08 16:47 | Report Abuse

Fake glove counter

Posted by vaccineisscam > 2020-12-08 16:47 | Report Abuse

Tomorrow gap down

Posted by OG_trader > 2020-12-08 16:47 | Report Abuse

told u shark is in here. they will press down to support

Posted by OG_trader > 2020-12-08 16:50 | Report Abuse

the price will stagnant for several weeks mybe month before shark pump in again. for now shark kenyang already. enjoy first.

Posted by Batmanreturn > 2020-12-08 16:52 | Report Abuse

What fake? Got factories called fake?

Posted by Glove Angel > 2020-12-08 16:53 | Report Abuse

Not a good closing for today.. Chart doesn't looks good.

Posted by mnysff > 2020-12-08 16:57 | Report Abuse

Shark take profit already. Close red.....

Posted by Bcareful > 2020-12-08 16:58 | Report Abuse

C from the chart, tmr open gap down , tmr only buy.....hahahhahahha

Posted by mnysff > 2020-12-08 17:02 | Report Abuse

Sad day today. Tomorrow don't know

Posted by Yolo1234 > 2020-12-08 17:05 | Report Abuse

likely tomorrow will be even worse. gonna chop half and keep half as "long term investor"

Posted by AzrielAnwar > 2020-12-08 17:06 | Report Abuse

tomorrow gap up.