Posted by TomyamGong > 2021-11-24 20:14 | Report Abuse

OTHERS TECHNA-X BERHAD (FORMERLY KNOWN AS SINO HUA-AN INTERNATIONAL BERHAD) ("TXB") - TERM SHEET IN RELATION TO THE PROPOSED DISPOSAL OF THE 50% EQUITY INTEREST HELD BY TXB IN HK AEROSPACE BEIDOU NEW ENERGY INDUSTRY TECHNOLOGY CO., LTD.
TECHNA-X BERHAD

Type Announcement
Subject OTHERS
Description TECHNA-X BERHAD (FORMERLY KNOWN AS SINO HUA-AN INTERNATIONAL BERHAD) ("TXB")
- TERM SHEET IN RELATION TO THE PROPOSED DISPOSAL OF THE 50% EQUITY INTEREST HELD BY TXB IN HK AEROSPACE BEIDOU NEW ENERGY INDUSTRY TECHNOLOGY CO., LTD.
The Board of Directors of TXB wishes to announce that TXB had on 24 November 2021 entered into a Term Sheet with Chaswood Resources Holdings Ltd. (“Purchaser”) for the purpose of disposing 50% equity interest held by TXB in HK Aerospace Beidou New Energy Industry Technology Co., Ltd. to the Purchaser, for a total consideration of USD250,000,000, to be satisfied in full by the allotment and issuance of such number of new shares of the Purchaser at a pre-consolidation issue price of S$0.038 per share on a pre-proposed share consolidation basis.



Please refer to the attachment for details of the announcement.



This announcement is dated 24 November 2021.

Posted by TomyamGong > 2021-11-24 20:30 | Report Abuse

USD 250 mil which is 5x of it's current market capital. How much more the share price can go?

Posted by birkincollector > 2021-11-24 23:01 | Report Abuse

Wah use another own company buying own white elephant with shiok sendiry price paid with shares lol

Posted by Jackkin > 2021-11-24 23:29 | Report Abuse

Dompeilee, i am a long term holder le.. not like u..

Posted by Jackkin > 2021-11-24 23:45 | Report Abuse

Get listed on SGX
https://www.nst.com.my/business/2021/11/748469/techna-x-partners-list-energy-storage-firm-sgx-us500mil-rto

Posted by brennan > 2021-11-25 00:17 | Report Abuse

Good news for us, right

Posted by Mar2083 > 2021-11-25 06:06 | Report Abuse

Potentially will fly today

Posted by Hoot9Yee > 2021-11-25 06:44 | Report Abuse

Rocket to the moon?

Posted by Vicky > 2021-11-25 07:02 | Report Abuse

yes bro. limit up today...

Posted by HosehLim80 > 2021-11-25 07:07 | Report Abuse

Probably to go RM0.35 this time

Posted by dompeilee > 2021-11-25 08:03 | Report Abuse

At least I'm repositioned @ 8-8.5c after selling all above 15-17c last yr. Not like many here trapped @ high floor

Posted by dompeilee > 2021-11-25 08:04 | Report Abuse

Recommended twice to premium clients as well =)

Posted by Kingston1 > 2021-11-25 08:25 | Report Abuse

My friend bought at 0.16 last year, cut loss at 0.08 then rebound. Pity him

Posted by damansaraeagle > 2021-11-25 08:57 | Report Abuse

"The global markets are increasingly focusing on energy storage and placing a huge premium on this space in particular, battery storage. Via the 27 patents that we own, HK Aerospace is the only company in the world to use rare metal Ruthenium base in its ultra-capacitors and super batteries and enjoys the highest capacitance potential in the market.

Posted by dompeilee > 2021-11-25 09:14 | Report Abuse

The jared gang gotta shovel lorries-FULL of tickets to move this one, compared to last year lol

Posted by brennan > 2021-11-25 10:48 | Report Abuse

today price up to 0.105. good try

Posted by brennan > 2021-11-25 11:00 | Report Abuse

buying force is bigger than selling force.. good sign Xd

Posted by HosehLim80 > 2021-11-25 11:12 | Report Abuse

give it a small try first. if coming down will collect more

Posted by TomyamGong > 2021-11-25 13:10 | Report Abuse

Might have some good news coming related to super batteries and collaboration. It would be the latest and kong to the market.

Posted by Durotus > 2021-11-25 13:17 | Report Abuse

Acquired Chaswood resourse singapore 500mill US DOLLAR

Posted by dompeilee > 2021-11-25 14:05 | Report Abuse

Overvalued

Posted by Vicky > 2021-11-25 14:24 | Report Abuse

Again long-live Tech-nax.

Posted by Tipster > 2021-11-25 17:18 | Report Abuse

Market cap RM 200M @ RM 0.10... sale USD 250M = RM 1B... how much is this bugga worth, easily RM 0.50 lor....

Posted by Tipster > 2021-11-25 17:26 | Report Abuse

Dun play play... YAM wants it to go above RM 1.00, he old liao if not now then when only can see RM 1.00.

Posted by Tipster > 2021-11-25 17:27 | Report Abuse

This bugga Jared is saving 2 birds with 1 stone ah...

Posted by Durotus > 2021-11-25 19:41 | Report Abuse

Whats prixes should be for texhnax.if 1 for 1 new chaswood SGD$1.00

Posted by Durotus > 2021-11-26 10:08 | Report Abuse

That is before calculating,,time to time .i thing cant pay all my payment and borrowing,after MCO and planning all setter already

Posted by dompeilee > 2021-11-26 16:41 | Report Abuse

Regret I didn't sell ALL @ 10.5c yesterday....still got 15 lots.

Posted by Fpng > 2021-11-26 20:59 | Report Abuse

昙花一现

Posted by Kingston1 > 2021-11-27 00:25 | Report Abuse

Monday drop will add little bit

Posted by MadCow75 > 2021-11-27 15:17 | Report Abuse

ada hope ka???

Posted by Legend > 2021-11-27 17:59 | Report Abuse

Susah mau cakap..big gun pun boleh bleeding...ini penny u agak la.

Posted by adamdacutie > 2021-11-30 20:50 | Report Abuse

Pn17

Posted by Jackkin > 2021-12-01 00:47 | Report Abuse

Improved QR

Posted by BILLC > 2021-12-01 00:49 | Report Abuse

NA 2 sen cap ayam counter,,,

Posted by Michael Kwok > 2021-12-01 00:52 |

Post removed.Why?

Posted by Jackkin > 2021-12-02 22:40 | Report Abuse

More good news from Techna X..
https://www.theedgemarkets.com/article/technax-earmarks-us50m-energy-storage-business-expansion-2022-and-2023

Posted by Jackkin > 2021-12-02 23:48 | Report Abuse

Invest for the future, Technax have very good prospect

Posted by Vicky > 2021-12-03 11:34 | Report Abuse

beware ikan billis. when the price strikes durian runtuh...

Posted by Hoot9Yee > 2021-12-07 12:16 | Report Abuse

Buy for future !! gogogo !

Posted by Jackkin > 2021-12-13 11:08 | Report Abuse

The stock market is like a bus going uphill.
As the bus goes up, more and more people jump on the bus.
When there are too many people on the bus, the bus gets too heavy and the bus cannot keep going up.
The bus driver will have to swerve, jerk in order to throw people off (the weak holders panic and sell).

Only when enough people get thrown off the bus (weak retail investors lose faith and sell out), can the bus be light enough to continue the journey higher

Posted by Jackkin > 2021-12-13 11:09 | Report Abuse

I guess dompeilee has been thrown off the bus..

Posted by Tipster > 2021-12-16 13:22 | Report Abuse

https://www.theedgemarkets.com/article/technax-earmarks-us50m-energy-storage-business-expansion-2022-and-2023

Kok stories as usual.... slow boiling the soup ah... when going to RM1.00?

Posted by Jackkin > 2021-12-17 11:35 | Report Abuse

Tipster, hold until end of 2022..

Posted by Tipster > 2021-12-24 15:16 | Report Abuse

I worry by then kena suspended lor...

Posted by Vicky > 2021-12-27 17:50 | Report Abuse

Hehehehe...Technax need to show up development fast b4 PN17 comes in

Posted by Jackkin > 2021-12-27 22:46 | Report Abuse

Vicky, obviously u are one of the weak holder that will get panic easily

Posted by Vicky > 2021-12-28 12:02 | Report Abuse

not really bro. the counter must perform and make things to happen

Posted by Justmeme > 2022-01-05 14:49 | Report Abuse

it's coming

Posted by Tipster > 2022-01-06 14:43 | Report Abuse

SSSNNNOOOORRRREEEEEE..... winter ended many times over still haven't cum...