Type Announcement Subject OTHERS Description SANICHI TECHNOLOGY BERHAD ("SANICHI" OR "THE COMPANY") OFFER OF OPTIONS UNDER EMPLOYEE SHARE OPTION SCHEME Pursuant to Paragraph 9.19(51) of the ACE Market Listing Requirements of Bursa Malaysia Securities Berhad, Sanichi wishes to announce that it has offered options to eligible employees under its Employee Share Option Scheme ("ESOS"), the details of which are as follows:-
(a) Date of offer : 7 August 2020
(b) Exercise price of options offered : RM0.075
(c) Number of options offered : 228,000,000
(d) Market price of Sanichi's shares on the date of the offer : RM0.075
(e) Vesting period of options offered : Not applicable
------------------------------------------------------------------------------------------------------------------------------- Mkt price of Sanichi 7.5c Today????
Bro, esos is for the stakeholders in the company one which is to reward to them. However, the share will be diluted . But, usually the director is the one to take these esos one.
No brother . This counter mainly is doing property development and technology manufacturing. The glove mold just is one of the source income for this company.
How u know AT will order glove mold from. Sanichi? Sanichi and At only MOU for air ventilator. There is no such news mentioned order glove mold from Sanichi.
@LetsGo, it nt about loyal, but I see the opportunity to earn $.... btw none in the stock market are loyal to a single counter and the investments are diversified with rotational buy & sell
Sanichi is a penny stocks which is control by shark not retailer. If the gdp report affected this counter . It will drop below 0.075 which mean the shark is blocking there. U can go and see the other's counter drop like shiittt. If market sentiment affect penny stocks. I tell u, all the penny stocks fly very high if go green. Just think logically .
lol u dont even know what u are talking about, say penny stocks wont be affected by index...if wont affected it wont drop from 0.1 to 0.075 in a week...in terms of percentage it's roughly the same decline compared to most stocks...do go study more on market sentiments
From 0.080 push to 0.1 is the retailers like u chase high. The shark only push a little bit volume then the retailers chase to 0.10. Market sentiments only flush out the retailers like u who chase high and make loss. It is very obvious the shark haven't push yet and there is a huge support at 0.075 queues by the shark. This is how penny stocks play, shark push then only can rise. Retailers cannot push up the penny stocks one. Because most of the cheap tickets are own sharks. This is what u cannot study from ur market sentiment. U should thanks to me an experience stock trader to share this experience to u.
1st of hold im holding this at 0.075 months back, 2nd of all of coz shark havent push this that's why it's still so low price....but it doesnt mean negative news and bad market sentiments wont push it down, the proof is already there when it dropped from 0.1 to 0.075...u dont need to twist ur words la newbie to sound experienced lol
If push it down, it already below 0.075, boy. Don't be mad, the one said the other newbie means he always cannot reply in a mature way which mean he is newbie.
when there is fighting over petty issue, in a share market forum, then u know there is too many petty trader in the market and the bubble will burst sooner or later.
Subject MEMORANDUM OF UNDERSTANDING Description SANICHI TECHNOLOGY BERHAD ("SANICHI" OR "THE COMPANY") STATUS UPDATE ON MEMORANDUM OF UNDERSTANDING ("MOU") BETWEEN THE COMPANY, PNE PCB BHD ("PNE"), AT SYSTEMATIZATION BERHAD ("ATS") AND ARZON SOLAR, LLC ("ARZ") For consistency purposes, the abbreviations and definitions used throughout this announcement shall have the same meanings as those previously defined in the announcements 18 May 2020 and 27 May 2020 in relation to the MOU, where applicable, unless stated otherwise or defined herein)
We refer to the announcements made by the Company on 18 May 2020, 20 May 2020 and 27 May 2020 pertaining to the MOU between the Company, PNE, ATS and ARZ. The Company wishes to inform that there is no material development to the said MOU since the last announcement.
berita ini extract dari NST June 2 - Sanichi, they said, was better known as a leading local manufacturer of moulds for European automotive industries.
But many did not know that Sanichi has the technology plus the facilities and capacity to produce rubber glove moulds.
"Many rubber glove manufacturers from Thailand, Indonesia and Malaysia are trying to crank up production capacity to fight the Covid-19 pandemic and this lead to a surge in demand for glove moulds," an observer said.
Large demand for moulds also came from replacement of damaged moulds due to wear and tear, he added.
Sanichi stands to benefit from the huge demand for the lucrative rubber glove moulds.
Its share price has more than doubled from 4.5 sen on March 18 this year to 11.5 sen on June 1.
Sanichi is deemed a "laggard", indicating more room for further upside when compared to its net assets per share of 22 sen as at December 31 last year.
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