Posted by YYhappy > 2020-12-23 16:18 | Report Abuse

0.205 d.. Tawin bound back.. today will closed 0.225

Posted by MadCow75 > 2020-12-23 16:20 | Report Abuse

rocket launch....

Posted by MadCow75 > 2020-12-23 16:21 | Report Abuse

gogogo.... tawin up to the sky....

Posted by LA777 > 2020-12-23 17:00 | Report Abuse

Huat arrr!

Posted by necromancer > 2020-12-23 17:52 | Report Abuse

Is there anything to it on the extension as announced today?

Posted by DickyMe > 2020-12-23 19:04 | Report Abuse

"
The company(Royce Pharma) generated a revenue of RM24.133 million in the financial year ended Dec 31, 2018, but posted a loss before tax of RM431,081 and loss after tax of RM682,653. Retained losses stood at RM2.596 million.

It remains to be seen how Ta Win will fund the acquisition of Royce Pharma, given its net debt position of RM13.2 million as at Sept 30."

Posted by PGOne (Pure Goreng One) > 2020-12-23 19:26 | Report Abuse

wth this small company developing 2.4b terrenganu ecopark, acquire sin line tek ,royce pharma.. A market cap 100m company, so they going right issue another 100 mil to support the acquisition? And they are also in debt position. I will wait how much money they propose for the right issue first.I estimate 100m to be raised.

Posted by iseeilaughitalkcock > 2020-12-23 19:48 | Report Abuse

how they will fund acquisition of royce has already been announced.

and how much estimated to be raised from rights issue also announced already.

you both funny eh

Posted by DickyMe > 2020-12-23 22:29 | Report Abuse

"Posted by iseeilaughitalkcock > Dec 23, 2020 7:48 PM | Report Abuse

how they will fund acquisition of royce has already been announced.

and how much estimated to be raised from rights issue also announced already.

you both funny eh"


When did they announce? Was it public?

How or when do you subscribe? Any date?

Posted by DickyMe > 2020-12-23 22:46 | Report Abuse

5.3 Financial and Operating Policies of Royce Pharma

Ta Win will not have the control to govern the financial and operating policies of Royce Pharma
as Royce Pharma will only be a 32.5%-owned associate company of Ta Win (held through TWC
Biohealth) upon the completion of the Proposed Investment. As such, there is a possibility that
Royce Pharma’s future business plans/direction may not be aligned with Ta Win’s investment
objectives.

To mitigate this risk, Ta Win is entitled to appoint 2 representatives on the board of directors of
Royce Pharma to ensure that Ta Win in keeping abreast with Royce Pharma’s business
development, deliberate on its key policies/strategies and to safeguard the Group’s interest in
Royce Pharma.

Posted by iseeilaughitalkcock > 2020-12-23 22:49 | Report Abuse

sept 2020

Posted by DickyMe > 2020-12-23 23:13 | Report Abuse

Proposed Rights Issue of up to RM186.4 million

The actual proceeds (in excess of the Minimum Subscription Level) that may be raised from the
Proposed Rights Issue will depend on the total number of issued Shares as at the Entitlement
Date and the actual subscription rate of the Proposed Rights Issue.

*Excess amount RM175.6 million

Under the Minimum Scenario, the Ta Win Group intends to utilise RM5.0 million to part finance
the preliminary cost required for the development of the Terengganu Ecocycle Park’s core
technology zone measuring approximately 85 acres. The preliminary cost is budgeted to be
approximately RM57.3 million for the lease payment and the other incidental cost such as
application costs for the development order and other statutory approvals for the Land.

Under the Maximum Scenario, the Ta Win Group intends to utilise up to RM90.0 million to part
finance the preliminary and construction costs required for the development of the Terengganu
Ecocycle Park’s core technology zone. Based on the Group’s management’s estimates, the total
preliminary and construction costs for the Terengganu Ecocycle Park’s core technology zone is
approximately RM57.3 million and RM521.2 million (including the construction cost for Ta Win’s
new main office and factories of RM360.0 million) respectively. Any surplus/shortfall arising from
the utilisation of the preliminary cost will be adjusted to/from the construction cost allocated for
the development of the Terengganu Ecocycle Park’s core technology zone.

The shortfall in financing the aforementioned total preliminary and construction costs will be
funded via the Group’s internally generated funds, bank borrowings and/or other funding
alternatives such as equity fund-raising exercises to be undertaken by the Company.
However, in the event that the Proposed Joint Venture is not completed for any reason, the
allocation earmarked for the development cost of Terengganu Ecocycle Park will be utilised for
the Group’s working capital purposes.

Posted by DickyMe > 2020-12-23 23:14 | Report Abuse

Announcement dated 25 November 2020.

Posted by MadCow75 > 2020-12-23 23:45 | Report Abuse

rocket to the moon... gogogo!!!

Posted by iseeilaughitalkcock > 2020-12-24 10:02 | Report Abuse

lol depends your moon is in the well or?

Posted by Combilia Hubella > 2020-12-24 11:21 | Report Abuse

On behalf of the Board, Mercury Securities wishes to announce that Ta Win had on 23 December 2020 entered into the following:

(i) a second supplemental letter to the SSA with the Vendor to further extend the stipulated period for the fulfilment of conditions precedent of the SSA to 23 February 2021;

(ii) a second supplemental letter to the Subscription Agreement with the Vendor and Sin Line Tek to further extend the stipulated period for the fulfilment of conditions precedent of the Subscription Agreement to 23 February 2021; and

(iii) a second supplemental letter to the Shareholders Agreement with the Vendor and Lim Wai Keong (the other shareholder of Sin Line Tek) to further extend the stipulated period for the fulfilment of conditions precedent of the Shareholders Agreement to 8 March 2021.

Posted by Combilia Hubella > 2020-12-24 11:25 | Report Abuse

The above extension time to fulfiment of conditions precedents, may means a delay of the right issue to not earlier than end of January 2021.

Posted by Atlan > 2020-12-24 17:36 | Report Abuse

Monday fly. Today got positive announcement

Posted by 635789 > 2020-12-24 20:54 | Report Abuse

KUALA LUMPUR: Copper products maker Ta Win Holdings Bhd’s healthcare subsidiary, Ta Win Copper Biohealth Sdn Bhd (TWCB), has completed the acquisition of a 32.5 per cent equity interest stake in Royce Pharma Manufacturing Sdn Bhd for RM20.85 million.

In a statement today, Ta Win group managing director Datuk Seri Ngu Tieng Ung said the acquisition would enable the group to capitalise on Royce Pharma’s robust pharmaceutical capabilities and experience.

"As our first foray into the pharmaceutical industry, which holds vast prospects, this positions us well to leverage on Royce Pharma’s expertise and strong track record in the sector.

"Building on this, we are confident that this will contribute to the group's performance moving forward," he said.

Ngu said following this acquisition, the group aimed to tap into viable opportunities, including the development of pharmaceutical products that meet evolving global healthcare needs, particularly during the COVID-19 pandemic.

"We will continue to look into downstream applications of the biochemistry and chemistry of copper and copper proteins to further strengthen our prospects over the long term,” he added.

The acquisition was concluded in accordance with the terms and conditions of the share sale agreement (SSA) and subscription agreement.

The profit guarantee agreement and shareholders agreement have also become unconditional effective today. - Bernama

TAGS: Ta Win Copper Biohealth Sdn Bhd, Ta Win, Ngu Tieng Ung, Acquisition, Royce Pharma

Posted by Megan88 > 2020-12-25 11:13 | Report Abuse

Second round trap? The stock price dropped when trading suspended when it was first announced..

Posted by jeremylin > 2020-12-25 17:45 | Report Abuse

0.5 coming

Posted by KhairulYo > 2020-12-25 18:04 | Report Abuse

wowww

Posted by necromancer > 2020-12-25 22:57 | Report Abuse

we'll just have to see on monday..since agreement finally sealed.

Posted by Atlan > 2020-12-26 11:58 | Report Abuse

Sure up this monday as it has profit guarantee for two years

Posted by necromancer > 2020-12-26 13:29 | Report Abuse

lets hope so. gone are the days a profit guarantee guarantees a counter to go sky high. i would be very happy to be proven wrong.

Posted by Biliskecil > 2020-12-26 18:53 | Report Abuse

Tawin will win.. another vaccine in making? Hope Royce pharma get some vaccine deal..

Posted by MadCow75 > 2020-12-27 10:33 | Report Abuse

Monday sunny day... so let the rocket launch... fly to the moon

Posted by azmanizam > 2020-12-27 15:25 | Report Abuse

https://www.klsescreener.com/v2/news/view/770467

Posted by necromancer > 2020-12-27 17:02 | Report Abuse

Is Rouce in talks with any other vaccine producers? else that PG of RM10 mil + RM10 mil is a bit too steep.

Posted by necromancer > 2020-12-27 17:02 | Report Abuse

Royce

Posted by meigege > 2020-12-27 21:05 | Report Abuse

in this moment, jv one pharma company.. what u think next step?

Posted by clementlee > 2020-12-28 11:41 | Report Abuse

RM0.20 ..STILL CAN ?

Posted by jeremylin > 2020-12-28 12:44 | Report Abuse

Can for?

Posted by necromancer > 2020-12-28 16:11 | Report Abuse

hmmmm... no show

Posted by JoyOhi > 2020-12-28 23:44 | Report Abuse

My chart analysis expecting tawin to fly tomorrow, but the main condition must be fulfilled which is the market trend must still siding on industrial. Macd about to cross, rsi already did and the ema is going high seems to be

Posted by JoyOhi > 2020-12-28 23:45 | Report Abuse

Btw, not buy or sell call. Trade at your own risk

Posted by necromancer > 2020-12-29 00:29 | Report Abuse

yes TAYOR. Chart does not lie..but with catalyst that would be a different story.

Posted by jeremylin > 2020-12-29 01:28 | Report Abuse

I hope the chart will be true

Posted by Megan88 > 2020-12-29 10:47 | Report Abuse

Chart analysis.. lmao

Posted by clementlee > 2020-12-29 11:14 | Report Abuse

SEEM LIKE DUMPING DOWN MOMEMTUN NOW ....BUT GUESS IT HAS LIMIT....

Posted by Vanbasten > 2020-12-29 15:21 | Report Abuse

Yes forget this con counter give up lah. Move on. Let it drop to 0 sen

Posted by Biliskecil > 2020-12-29 19:38 | Report Abuse

Hmmm hmmm hmmm

Posted by GordonWoo932 > 2020-12-30 10:31 | Report Abuse

stoploss below 0.14

Posted by clementlee > 2020-12-30 10:47 | Report Abuse

huge volume seen. start to up

Posted by rocketking > 2020-12-30 10:48 | Report Abuse

Copper (LME) Grade A price consistently rise to-date.. this counter will benefit a lot.. tp 0.3

Posted by MadCow75 > 2020-12-30 11:02 | Report Abuse

yes... rocket launching...

Posted by clementlee > 2020-12-30 11:10 | Report Abuse

tP i guess is not just 0.30 ....base on other stock's post covid trend, shareholders will compensation their loss of income from equity market .....jack up high for funding ....it might at least 50-60 cts or even higher ..but no body will know ...but price fluctuation is very high ..BEWARE!!

Posted by rocketking > 2020-12-30 11:13 | Report Abuse

haha if can tp 0.3 must to tp half 1st this stock kuat cuci ... u can buy back when it retrace

Posted by Antfinance > 2020-12-30 11:15 | Report Abuse

i sell my house my car and everything to buy Tawin. Bless me my god.

Posted by rocketking > 2020-12-30 11:16 | Report Abuse

half half la why all in ... the other half u can buy prtasco sure win eh ... be patient