Posted by Loh Kok Wai W > 2021-05-25 12:07 | Report Abuse

Visit facebook : Goreng Tipu Bursa KLSE........

Posted by Bemillion > 2021-05-27 12:36 | Report Abuse

Vacc & glove ventures???????

Posted by Bemillion > 2021-05-28 10:18 | Report Abuse

Forumm seems quiet

Posted by Bemillion > 2021-05-28 12:15 | Report Abuse

Lifeless..... Counter....any news

Posted by pejatrade > 2021-06-03 23:07 | Report Abuse

Boleh hidup lg ke ni? Adoii la inix

Posted by Raiz368 > 2021-06-03 23:12 | Report Abuse

This stock is under kuarantin case due to positive covid 19....ha3

Posted by crabken > 2021-06-07 10:02 | Report Abuse

glove factory in beranang got sealed by DOE

Posted by Bemillion > 2021-06-09 09:50 | Report Abuse

When

Posted by Bemillion > 2021-06-09 09:50 | Report Abuse

Did not appear in compy announcent shout box

Posted by FaridIsland > 2021-06-10 12:12 | Report Abuse

Lol...i still remember..grup inix...say inix rm4/...haaaa...0.04 ada lah...then we buy kaw2

Posted by FaridIsland > 2021-06-10 12:12 | Report Abuse

Sure sini ada bnyk dr grup inix!...kesian...

Posted by FaridIsland > 2021-06-10 12:14 | Report Abuse

Factory in beranang?...haaa...i stay near LB factory...nvr see inix factory....

Posted by FaridIsland > 2021-06-10 12:16 | Report Abuse

Inix p&d ..wait below 0.05...buy n throw!

Posted by Smljoh > 2021-06-14 20:56 | Report Abuse

Bellow 0.05

Posted by karipap > 2021-06-18 02:00 | Report Abuse

Mampus

Posted by Bemillion > 2021-06-22 14:52 | Report Abuse

Glove fsctory rolling where?????

Posted by Bemillion > 2021-06-23 11:46 | Report Abuse

Con counter

Posted by pejatrade > 2021-06-24 01:08 | Report Abuse

@bemillion i told u already before...so how?

Posted by Citadel9999 > 2021-06-24 02:31 |

Post removed.Why?

Posted by Bemillion > 2021-06-26 07:14 | Report Abuse

Hahaaaa inix scammm

Posted by stockraider > 2021-06-26 08:57 |

Post removed.Why?

Posted by Bemillion > 2021-06-26 11:50 | Report Abuse

Wait 4¢

Posted by Bemillion > 2021-06-29 20:49 | Report Abuse

This counter eats.u..where is glove??? At least by now hve more than 4 lines in operation..singing...where??????

Posted by arv18 > 2021-06-30 01:58 | Report Abuse

2nd March:

Inix: Calls off Sendayan glove venture, durian venture . Inix Technologies Holdings said that it has ceased its intention to acquire a factory in Sendayan, Negeri Sembilan under a JV, as part of a plan to set up a rubber gloves factory on-site. The cessation follows the lapsing of a letter of intent signed between Inix and its joint venture partner Lyglan Properties SB for the venture, with an estimated cost of RM35m. Inix had intended to invest RM22.75m or 65% of the company’s equity, paired with RM12.25m from Lyglan for the remaining 35%. In a separate filing, Inix said it has decided not to pursue its plan to venture into the durian business that was first announced in September last year. (The Edge)

You didn't get the memo?

Posted by Bemillion > 2021-06-30 07:45 | Report Abuse

Arv. That was historyyyyyyyyyy loooooong ago... Acquiring lines producing glove..and vacc..whereeeee

Posted by Bemillion > 2021-06-30 07:48 | Report Abuse

.We refer to the query by Bursa Securities vide its letter dated 08 December 2020 on the above captioned matter:


1.The tenure of the MOA.

6 Months from 4 December 2020 to 3 June 2021

2. The purchase consideration of the 51% equity interest in LSG and the basis thereof.

We are in the finals stages of negotiations with the owners of LSG.

3. The manner in which the purchase consideration will be satisfied, the sources of funding and the breakdown thereof.

The manner in which the purchase consideration will be satisfied and the sources of funding for the purchase consideration is yet to be determined.

4. A description of the factory building owed by LSG, approximate area, and the approximate age of the building.



Address: Ground: 1st & 2nd Floor, Office Block, 37-1 Jalan Perusahaan, Kawasan

Perusahaan Beranang, 43700 Beranang, Selangor Darul Ehsan



Description of Factory Building : Factory Ground: 1st & 2nd Floor

Office Block (Admin & Operations)

Build up Approximate Area : 21,000 sqft

Approximate age of the building : 5 years



5. The production capacity and production output of the 2 existing rubber glove production lines.

Production Capacity: 8,600,000 per month per line

Production Output: 8,200,000 per month per line (nett wastage)



6. The markets for the rubber gloves manufactured by LSG.



India, China , Middle East , South East Asia



7. The date of commencement of operation of LSG.



1 August 2020



8. The business risks or exposure in relation to the MOA.



None



9. The prospects of LSG.



After the completion of the acquisition of LSG , INIX is proposing to expand the production facilities of LSG. Under the expansion plan, INIX would be adding an additional 10 – 14 lines for the production Latex & Nitrile gloves, Upon completion of the expansion plan LSG is poised to become a medium sized glove manufacturer in Malaysia.



10. Reference is made to INIX’s announcement dated 11 August 2020 and 14 August 2020 in relation to Letter of Intent (“LOI”) entered with Lyglan Properties Sdn. Bhd. (“Lyglan”), INIX’s announcement dated 13 August and 14 August in relation to the article in The Star, Starbiz Section dated, Wednesday, 12 August 2020 "JV RUBBER GLOVE PLANT TO BEGIN OPS IN OCTOBER” and section 4 of INIX’s announcement dated 4th December 2020 on the MOA entered with LSG, where it was stated that board of directors of INIX is of the opinion that the MOA is the fastest way to venture into the glove manufacturing industry. In this respect, please clarify the following:



(i) Whether INIX will continue with its proposed joint venture to develop the business of medical rubber gloves production with Lyglan; and



The Board of Directors will be deliberating on the matter in the forthcoming Board of Directors Meeting.



(ii) How will be MOA with LSG impact the proposed joint venture with Lyglan.



It would have no impact on the proposed joint venure with Lyglan , as both parties have not finalsed the terms.



11. Kindly clarify the party that is described as “NWP” in item 7 of the announcement on MOA with LSG.



This was an error and has since been rectified via announcement made on 9 December 2020.





Once the

Posted by Bemillion > 2021-06-30 07:48 | Report Abuse

Whereeeeeeee

Posted by Bemillion > 2021-06-30 07:56 | Report Abuse

ACQUISITION OF 331,500 ORDINARY SHARES REPRESENTING 51.00% OF THE ISSUED AND PAID-UP SHARE CAPITAL OF L & S GLOVES SDN ("L&S") BHD BY INIX GLOVE MANUFACTURING SDN BHD, A WHOLLY-OWNED SUBSIDIARY OF INIX ("PROPOSED ACQUISITION")
INIX TECHNOLOGIES HOLDINGS BERHAD

Type Reply to Query
Reply to Bursa Malaysia's Query Letter - Reference ID IQL-25012021-00004
Subject ACQUISITION OF 331,500 ORDINARY SHARES REPRESENTING 51.00% OF THE ISSUED AND PAID-UP SHARE CAPITAL OF L & S GLOVES SDN ("L&S") BHD BY INIX GLOVE MANUFACTURING SDN BHD, A WHOLLY-OWNED SUBSIDIARY OF INIX ("PROPOSED ACQUISITION")
Description INIX TECHNOLOGIES HOLDINGS BERHAD ("INIX" or "the Company")
1. ACQUISITION OF 331,500 ORDINARY SHARES REPRESENTING 51.00% OF THE ISSUED AND PAID-UP SHARE CAPITAL OF L & S GLOVES SDN BHD BY INIX GLOVE MANUFACTURING SDN BHD, A WHOLLY-OWNED SUBSIDIARY OF INIX
2. PRESS RELEASE TITLED, "INIXS GLOVE VENTURE TAKE OFF AS ACQUISITION OF L&S GLOVES COMPLETED"

Additional Information
Query Letter Contents
We refer to your Company’s announcement dated 21 January 2021 in respect of the aforesaid matter (“Announcement”).


In this connection, kindly furnish Bursa Securities with the following additional information for public release:-

The net profits and net assets of L&S based on its latest audited accounts.
The date L&S commenced its business.
The number of production lines, production capacity and production output per annum of L&S factory.
Definition of “Transfer Date” in Section 4.2(b) of the Announcement.
To amend Section 4.2(a), line 1 of the Announcement.
The estimated time frame to complete the Proposed Acquisition.
Please furnish Bursa Securities with your reply within one (1) market day from the date hereof.



Yours faithfully

LISTING

REGULATION


Cc : Market Surveillance Dept., Securities Commission (via fax

(The terms used herein, unless the context otherwise stated, bear the same meaning as those defined in the Company’s announcement made on 21 January 2021 in relation to the Proposed Acquisition)



Reference is made to the Company’s announcement made on 21 January 2021.



The Board of Directors of INIX wishes to provide the following additional information:



1. The net profits and net assets of L&S based on its latest audited accounts.



Based on the latest draft audited accounts of L&S for the year ended 30 September 2020, the net loss and net assets are RM134,692.00 and RM515,307.00 respectively.





2. The date L&S commenced its business.



The date of L&S commenced its business is 1 July 2020.





3. The number of production lines, production capacity and production output per annum of L&S factory.



a. No of Production line: 2



b. Production Capacity per line:

i. Production Capacity: 11,000 pcs per hour

ii. Production Capacity: 7.898,000 per month per line





4. Definition of “Transfer Date” in Section 4.2(b) of the Announcement.



The “Transfer Date” in Section 4.2(b) of the Announcement refers to the date when the SSA shall be deemed unconditional upon the compliance and fulfillment of the Conditions Precedent.





5. To amend Section 4.2(a), line 1 of the Announcement.



The term “Memorandum of Agreement” should be read as “SSA”.





6. The estimated time frame to complete the Proposed Acquisition.



The estimated time frame to complete the Proposed Acquisition would be two (2) weeks from the date of execution of the SSA.



This announcement is dated 26 January 2021.




Announcement Info
Company Name INIX TECHNOLOGIES HOLDINGS BERHAD
Stock Name INIX
Date Announced 26 Jan 2021
Category General Announcement for PLC
Reference Number GA1-26012021-00051

.

Posted by Bemillion > 2021-06-30 07:57 | Report Abuse

Eating pop corn .......

Posted by Bemillion > 2021-06-30 16:20 | Report Abuse

Inix where u hiding

Posted by pejatrade > 2021-07-01 00:00 | Report Abuse

@bemillion lost contact

Posted by Citadel9999 > 2021-07-01 00:01 |

Post removed.Why?

Posted by Bemillion > 2021-07-03 08:16 | Report Abuse

Inix is on honeymoon...all.... Selling pop corn..no ppl interested .all shy off

Posted by FaridIsland > 2021-07-04 16:05 | Report Abuse

Mana itu inix grup ckp...2d moon?...haaaa....factory at branang pun tumpang org punya!

Posted by FaridIsland > 2021-07-04 16:06 | Report Abuse

Below 6sen..not a dream...just wait!

Posted by FaridIsland > 2021-07-04 16:09 | Report Abuse

Wl bck 0.02 like 17/3/2020....
Then sapu....

Posted by FaridIsland > 2021-07-04 16:16 | Report Abuse

0.02 sapu...keep 4yr grandchildren....delisted pun nvr mind!

Posted by awesome20 > 2021-07-04 17:42 | Report Abuse

wow

Posted by Bemillion > 2021-07-05 15:03 | Report Abuse

Pn17

Posted by Loh Kok Wai W > 2021-07-08 15:51 | Report Abuse

Inix will going to Museum...

Posted by shipcapt > 2021-07-14 10:27 | Report Abuse

today tutup kedai?

Posted by shipcapt > 2021-07-16 10:02 | Report Abuse

vaccine...mana??

Posted by micky92 > 2021-07-16 12:37 | Report Abuse

Up with high volume...any news?

Posted by Hwong188 > 2021-07-16 15:00 | Report Abuse

New share holder Tan Choon Hwa. Price will up up up again

Posted by shipcapt > 2021-07-16 16:29 | Report Abuse

mari ..mari...durian musang king....

Posted by JohnFook > 2021-07-17 22:48 | Report Abuse

Punp and dump cartel

Posted by Mohd123 > 2021-07-21 15:00 | Report Abuse

up up to the sky

Posted by TokAbah > 2021-07-23 02:36 | Report Abuse

Welcome to 10sen

Posted by TokAbah > 2021-07-25 01:43 | Report Abuse

Fintech wanna show again?
Fasten yr seabelt. Beware of the syndicate game

Posted by birkincollector > 2021-07-30 18:00 | Report Abuse

Oh results not bad lol