OTHERS Ni Hsin Group Berhad (Formerly known as Ni Hsin Resources Berhad)("the Company") – Proposed Renewal of Authority for the Company to Purchase its own Ordinary Shares 17:12 OTHERS Ni Hsin Group Berhad (Formerly known as Ni Hsin Resources Berhad)("the Company") – Proposed Renewal of Authority for the Company to Purchase its own Ordinary Shares NI HSIN GROUP BERHAD
Type Announcement Subject OTHERS Description Ni Hsin Group Berhad (Formerly known as Ni Hsin Resources Berhad)("the Company") – Proposed Renewal of Authority for the Company to Purchase its own Ordinary Shares The Board of Directors of the Company wishes to announce that the Company intends to seek shareholders' approval on Proposed Renewal of Authority for the Company to Purchase its own Ordinary Shares at the forthcoming Eighteenth Annual General Meeting of the Company.
A Statement to Shareholders and Annual Report 2021 containing details of the above proposal will be issued to the shareholders of the Company in due course.
Ni Hsin Group Bhd’s (Ni Hsin) wholly-owned subsidiary, Ni Hsin EV Tech Sdn Bhd (NH EV Tech), has launched its new TAILG EBIXON EV electric vehicle (EV) motorcycle models, which are imported and assembled at the company's manufacturing facilities in Seri Kembangan, Selangor.
The company has unveiled two models for the personal and commercial categories, namely TAILG EBIXON BOLD and TAILG EBIXON TORQ.
In a joint statement today, Malaysian Investment Development Authority (MIDA) chief executive officer Datuk Arham Abdul Rahman said the production or assembly activities of Ni Hsin reflects the competitiveness of the local company in presenting itself as one of the innovative leaders of EVs.
"This is also in line with the government’s commitment to developing the EV technology ecosystem as outlined in the National Automotive Policy 2020
"Our target is to sell 15,000 units of TAILG EBIXON EV motorcycles a year over the next three years.
"We have signed a memorandum of agreement with several esteemed organisations to assist us in the marketing, promotion and distribution of TAILG EBIXON EV motorcycles," he said.
The company also said that the venture into e-mobility is in line with its drive toward achieving the environmental, social and governance agenda.
Base on the price tag at $9K and $14K, I think it is a recipe for disaster. The equivalance models in China cost not even one third! Is it due to the extremely high production cost in Malaysia or making huge profit???
Ni Hsin EV Tech Sdn Bhd had unveiled two models of its TAILG EV motorcycles in the personal and commercial categories, namely the TAILG EBIXON BOLD and TAILG EBIXON TORQ.
new budget offer RM 2400 for purchase EV motobike ,if Vmoto can sell 20,000 unit each year then Nishin have chance to break 1.20 ..now is good time to all in 。
Yup.i have 20k shares.keep long term.u may not know.my shares if but low can come back also.i keep some counter shares.dun scare volatile.lower 5 figures. 5/8/24 9.45pm
0Come to join me.situation very critical.u need some advice and tweaking.dunno wht to do must join for fee also. 4 as below; I)teach some II)shares review every one or 2 weeks III)share recommendation or ask to buy or sell share u have. IV)tell u shares to avoid if overbought (mainly people no knowledge) Bro Michael(with ang pow picture) in FB. Charging rm 150 per month. Go to see how many follower then u know i good or not.now over 250 followers;6000 above comments. Many had more comments but less followers.go to see michael kwok in cabnet(0072)counter.then find my name and click.in the previous i talk it up.please see it with chart.
No growth no dividend. What for? Fake hope? ______________________________________ Yup.i have 20k shares.keep long term.u may not know.my shares if but low can come back also.i keep some counter shares.dun scare volatile.lower 5 figures. 5/8/24 9.45pm
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Posted by ChekHupCoffee > 2022-03-23 15:51 | Report Abuse
Management bodoh. No market for ebikes in Malaysia lah. Sure will lose money. Many have tried and failed.