THERS AGESON BERHAD (FORMERLY KNOWN AS PRINSIPTEK CORPORATION BERHAD) ("AGESON" OR "THE COMPANY") Clarification on articles on various news media in regard to no Approved Permit was given to the Company for sand export, reported from 9 to 10 May 2020 AGESON BERHAD
Type Announcement Subject OTHERS Description AGESON BERHAD (FORMERLY KNOWN AS PRINSIPTEK CORPORATION BERHAD) ("AGESON" OR "THE COMPANY")
Clarification on articles on various news media in regard to no Approved Permit was given to the Company for sand export, reported from 9 to 10 May 2020 Reference is made to the articles on various news media in regard to no Approved Permit (“AP”) was given to the Company for sand export, reported from 9 to 10 May 2020.
The Board of Directors of Ageson wishes to clarify that neither Ageson Berhad or any entities within the Company and its subsidiaries has the AP for sand export. Further, the Company is not privy to such information on whether any applications are required and/or submitted to Department of Mineral and Geoscience Malaysia for any kind of collaborations with the existing AP holders that export sand.
Pursuant to the Company’s announcements made on 4 May 2020 and 8 May 2020 in relation to the award of purchase order from Guangzhou Kaishengda Industrial Co., Ltd to Esa Pile Sdn Bhd (“Esa Pile”), a wholly-owned subsidiary of the Company, Esa Pile will be leveraging on its business partners in sand business, namely, World Tractor Parts (HK) Limited (Sales and marketing consultant in sand business), Zhillion Sand Sdn Bhd (Sand Operation) and Polo Specialist Trading Sdn Bhd (“PST”) (AP holder). However, Esa Pile will not limit itself to rely solely on PST as the AP holder.
Notwithstanding Esa Pile partnership with the abovementioned several business partners in sand business, the Company is currently in the midst of discussion and negotiation with several potential business partners in Malaysia to undertake the sand supply and export to overseas. The Company has extended its exploration for potential collaboration in sand business beyond Malaysia and is currently in talks on potential collaboration with the potential business partners within South East Asia region. As at to-date, the discussion and negotiation with these potential business partners are at a preliminary stage.
The Company takes cognisant of the laws, procedure and requirements needed for sand export to overseas and will ensure the Company’s sand export business, at all times, is in compliance with relevant laws and regulations.
I say Ageson have AP for sand business, who say Ageson do not have AP for sand business can bet with me, we go first bet rm100,000. lai lai lai place your bets now......
Announcement AGESON BERHAD (FORMERLY KNOWN AS PRINSIPTEK CORPORATION BERHAD) ("AGESON" OR "THE COMPANY")
Clarification on articles on various news media in regard to no Approved Permit was given to the Company for sand export, reported from 9 to 10 May 2020 Reference is made to the articles on various news media in regard to no Approved Permit (“AP”) was given to the Company for sand export, reported from 9 to 10 May 2020.
The Board of Directors of Ageson wishes to clarify that neither Ageson Berhad or any entities within the Company and its subsidiaries has the AP for sand export. Further, the Company is not privy to such information on whether any applications are required and/or submitted to Department of Mineral and Geoscience Malaysia for any kind of collaborations with the existing AP holders that export sand.
Pursuant to the Company’s announcements made on 4 May 2020 and 8 May 2020 in relation to the award of purchase order from Guangzhou Kaishengda Industrial Co., Ltd to Esa Pile Sdn Bhd (“Esa Pile”), a wholly-owned subsidiary of the Company, Esa Pile will be leveraging on its business partners in sand business, namely, World Tractor Parts (HK) Limited (Sales and marketing consultant in sand business), Zhillion Sand Sdn Bhd (Sand Operation) and Polo Specialist Trading Sdn Bhd (“PST”) (AP holder). However, Esa Pile will not limit itself to rely solely on PST as the AP holder.
Notwithstanding Esa Pile partnership with the abovementioned several business partners in sand business, the Company is currently in the midst of discussion and negotiation with several potential business partners in Malaysia to undertake the sand supply and export to overseas. The Company has extended its exploration for potential collaboration in sand business beyond Malaysia and is currently in talks on potential collaboration with the potential business partners within South East Asia region. As at to-date, the discussion and negotiation with these potential business partners are at a preliminary stage.
The Company takes cognisant of the laws, procedure and requirements needed for sand export to overseas and will ensure the Company’s sand export business, at all times, is in compliance with relevant laws and regulations.
Good evening Happy investors of Ageson, Just my 2cent and correct me if i am wrong, About those fuzz and buzz news, Is a govt servant representing the entire federal and state govt? Is it all business collaboration needs to report to govt servant? Wah like that very tired lo, total all 32 ministers and 37 deputy ministers.....impressive! Apparently, this is just a business collaboration..... Does anyone here knows that most AP are owned by who? Loads of Rumors says AP mostly owned by ROYAL FAMILIES, rumors only ok...... Luckily i bought Ageson at price range 0.075, still got lots of stock.....Who wants, can buy from me!
NO AP? JV with Sultan for? haha another sour grape! No AP you dare and go dig and sell sand argh? NO AP you dare to announce to the whole world you have BIG SAND PROJECT argh? hahaha
HI freetospeak----- calvin the b.a.s.t.x.r.d dog use fake account to blast here, name as air01557, DAMAL666, paulthesotong, goodtrade, Value888.........
Guys, please read the announcement carefully. Esa Pile is not the one doing mining. It will collaborate with partners which have already have AP. But, due to Ageson just diversify into sand business, they will surely apply for AP later. Your panic sell is losing money, you will sell to those jokers at low price. Afterwards the price move back up.
a wholly-owned subsidiary of the Company, Esa Pile will be leveraging on its business partners in sand business, namely, World Tractor Parts (HK) Limited (Sales and marketing consultant in sand business), Zhillion Sand Sdn Bhd (Sand Operation) and Polo Specialist Trading Sdn Bhd (“PST”) (AP holder). However, Esa Pile will not limit itself to rely solely on PST as the AP holder.
**PST, Ageson's business partner, is the AP holder**
stockjobber a wholly-owned subsidiary of the Company, Esa Pile will be leveraging on its business partners in sand business, namely, World Tractor Parts (HK) Limited (Sales and marketing consultant in sand business), Zhillion Sand Sdn Bhd (Sand Operation) and Polo Specialist Trading Sdn Bhd (“PST”) (AP holder). However, Esa Pile will not limit itself to rely solely on PST as the AP holder.
**PST, Ageson's business partner, is the AP holder** 12/05/2020 9:44 AM
The Board of Directors of Ageson wishes to clarify that neither Ageson Berhad or any entities within the Company and its subsidiaries has the AP for sand export. Further, the Company is not privy to such information on whether any applications are required and/or submitted to Department of Mineral and Geoscience Malaysia for any kind of collaborations with the existing AP holders that export sand.
Pursuant to the Company’s announcements made on 4 May 2020 and 8 May 2020 in relation to the award of purchase order from Guangzhou Kaishengda Industrial Co., Ltd to Esa Pile Sdn Bhd (“Esa Pile”), a wholly-owned subsidiary of the Company, Esa Pile will be leveraging on its business partners in sand business, namely, World Tractor Parts (HK) Limited (Sales and marketing consultant in sand business), Zhillion Sand Sdn Bhd (Sand Operation) and Polo Specialist Trading Sdn Bhd (“PST”) (AP holder). However, Esa Pile will not limit itself to rely solely on PST as the AP holder.
Notwithstanding Esa Pile partnership with the abovementioned several business partners in sand business, the Company is currently in the midst of discussion and negotiation with several potential business partners in Malaysia to undertake the sand supply and export to overseas. The Company has extended its exploration for potential collaboration in sand business beyond Malaysia and is currently in talks on potential collaboration with the potential business partners within South East Asia region. As at to-date, the discussion and negotiation with these potential business partners are at a preliminary stage.
The Company takes cognisant of the laws, procedure and requirements needed for sand export to overseas and will ensure the Company’s sand export business, at all times, is in compliance with relevant laws and regulations.
The Board of Directors of Ageson wishes to clarify that neither Ageson Berhad or any entities within the Company and its subsidiaries has the AP for sand export. Further, the Company is not privy to such information on whether any applications are required and/or submitted to Department of Mineral and Geoscience Malaysia for any kind of collaborations with the existing AP holders that export sand.
Pursuant to the Company’s announcements made on 4 May 2020 and 8 May 2020 in relation to the award of purchase order from Guangzhou Kaishengda Industrial Co., Ltd to Esa Pile Sdn Bhd (“Esa Pile”), a wholly-owned subsidiary of the Company, Esa Pile will be leveraging on its business partners in sand business, namely, World Tractor Parts (HK) Limited (Sales and marketing consultant in sand business), Zhillion Sand Sdn Bhd (Sand Operation) and Polo Specialist Trading Sdn Bhd (“PST”) (AP holder). However, Esa Pile will not limit itself to rely solely on PST as the AP holder.
Notwithstanding Esa Pile partnership with the abovementioned several business partners in sand business, the Company is currently in the midst of discussion and negotiation with several potential business partners in Malaysia to undertake the sand supply and export to overseas. The Company has extended its exploration for potential collaboration in sand business beyond Malaysia and is currently in talks on potential collaboration with the potential business partners within South East Asia region. As at to-date, the discussion and negotiation with these potential business partners are at a preliminary stage.
The Company takes cognisant of the laws, procedure and requirements needed for sand export to overseas and will ensure the Company’s sand export business, at all times, is in compliance with relevant laws and regulations.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
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Posted by stockjobber > 2020-05-12 09:13 | Report Abuse
THERS AGESON BERHAD (FORMERLY KNOWN AS PRINSIPTEK CORPORATION BERHAD) ("AGESON" OR "THE COMPANY") Clarification on articles on various news media in regard to no Approved Permit was given to the Company for sand export, reported from 9 to 10 May 2020
AGESON BERHAD
Type Announcement
Subject OTHERS
Description AGESON BERHAD (FORMERLY KNOWN AS PRINSIPTEK CORPORATION BERHAD)
("AGESON" OR "THE COMPANY")
Clarification on articles on various news media in regard to no Approved Permit was given to the Company for sand export, reported from 9 to 10 May 2020
Reference is made to the articles on various news media in regard to no Approved Permit (“AP”) was given to the Company for sand export, reported from 9 to 10 May 2020.
The Board of Directors of Ageson wishes to clarify that neither Ageson Berhad or any entities within the Company and its subsidiaries has the AP for sand export. Further, the Company is not privy to such information on whether any applications are required and/or submitted to Department of Mineral and Geoscience Malaysia for any kind of collaborations with the existing AP holders that export sand.
Pursuant to the Company’s announcements made on 4 May 2020 and 8 May 2020 in relation to the award of purchase order from Guangzhou Kaishengda Industrial Co., Ltd to Esa Pile Sdn Bhd (“Esa Pile”), a wholly-owned subsidiary of the Company, Esa Pile will be leveraging on its business partners in sand business, namely, World Tractor Parts (HK) Limited (Sales and marketing consultant in sand business), Zhillion Sand Sdn Bhd (Sand Operation) and Polo Specialist Trading Sdn Bhd (“PST”) (AP holder). However, Esa Pile will not limit itself to rely solely on PST as the AP holder.
Notwithstanding Esa Pile partnership with the abovementioned several business partners in sand business, the Company is currently in the midst of discussion and negotiation with several potential business partners in Malaysia to undertake the sand supply and export to overseas. The Company has extended its exploration for potential collaboration in sand business beyond Malaysia and is currently in talks on potential collaboration with the potential business partners within South East Asia region. As at to-date, the discussion and negotiation with these potential business partners are at a preliminary stage.
The Company takes cognisant of the laws, procedure and requirements needed for sand export to overseas and will ensure the Company’s sand export business, at all times, is in compliance with relevant laws and regulations.
This announcement is dated 12 May 2020.