Texchem Polymer Engineering Sdn Bhd [201401000097 (1076167-T)] Texchem-Pack (M) Sdn Bhd [197901000413 (44673-D)] Texchem-Pack (Johor) Sdn Bhd [199301017194 (271932-P)] Texchem-Pack (PP) Sdn Bhd [197901009434 (53719-T)] Eye Graphic Sdn Bhd [199001015004 (206673-D)] Texchem Life Sciences Sdn Bhd [199001010362 (201932-M)] Texchem Advanced Products Incorporated Sdn Bhd [200901029123 (872228-T)] Texchem-Pack (Thailand) Co Ltd Texchem-Pack (Vietnam) Co Ltd PT Eye Graphic Indonesia
maybe sapura suka makan sushi. Sushi is over. Now is chemical, All the chemical company growing due to low crude oil, another business to provide to health and ppe sector also expanding
Pls talk by fact. according to pass 5 years report,Industries section only contribute 35% of total revenue,& net profit less than 5% (from total industries section 2019 revenue 441mil & 4.360mil after tax).Trend may be change unless somebody can prove to me Revenue from industries section for current quarter wil double higher than previous quarter & margin will shut up to 16%,than may be this profit will cover loss incurred in restaurant
No insurance biz lah. Mana ada? Ah yap and Japanese boss like to mention the company generates positive operating cash flow but they invariably didn’t continue to say that the amount is smaller than the combined big capex and income taxes It needs to pay. This causes net cash outflow from the company each year. That’s why cannot pay dividend for two years by now. He thinks the shareholders are stupid or what. If manufacturing latex glove chemicals can make money, then do it. Fund the capex by selling non-core biz and assets.
that's why lo... apa apa business also do but all also making loss... they think the shareholder is blind...the management need to take up the responsibility
Don't be budak kampong. Need always check google and facebook to know the development. Don't always think of sushi only. the world is changing every second
No performance has been reported all these years. Just sitting on a licence? It’s other biz segment, if it includes insurance, has been reporting minimal revenue with losses.
Texchem Resources Bhd., an investment holding company, primarily is engaged in the trade of industrial chemicals and other products. Its Industrial segment is engaged in the trade of dyestuffs, textile auxiliaries, plastic resins, and chemicals used in the electronics, plastics, and other manufacturing industries. This segment operates principally in Malaysia, Thailand, Singapore, Myanmar, Indonesia, Vietnam, and the People's Republic of China. The company's Food segment manufactures and sells surimi, fishmeal, and other marine products, as well as operates a chain of retail sushi outlets. This segment operates principally in Malaysia, Myanmar, and Italy. Its Packaging segment is engaged in the manufacture and sale of packaging products for the electronics, electrical, semiconductor, and disk drive industries. This segment operates principally in Malaysia, Thailand, the People's Republic of China, and Vietnam. The company's Family Care segment manufactures and sells family care products and household insecticides. This segment operates principally in Malaysia, Thailand, Vietnam, and Myanmar. Texchem Resources is also involved in trading and acts as an agent in electronic component parts and general merchandise. Further it is engaged in renting of property, plant, and equipment; providing agency, technical, management consulting, and advisory services; and manufacturing and selling household insecticides, as well as textile auxiliaries, chemicals, and finishing resins. The company was founded in 1973 and is based in Penang, Malaysia.
We refer to the announcements made by Texchem Resources Bhd. (“TRB”) on 6 May 2014, 12 May 2015, 29 April 2016, 15 May 2017, 9 November 2017, 27 April 2018, 8 November 2018, 10 May 2019 and 4 November 2019 in relation to the above matter.
As at to-date, Texcorp, a 73.94% owned subsidiary of TRB, holds 18,144,309 ordinary shares in TRB, representing 15.05% of the total number of issued shares of TRB (“TRB Shares”).
Pursuant to Section 22(5)(b) of the Companies Act 2016 (“Act”), Texcorp is required to dispose of all its shareholding in TRB within twelve (12) months or such longer period as the Companies Commission of Malaysia (“CCM”) may allow. Following thereto, Texcorp has on 14 April 2020 submitted an application to CCM for an extension of time to dispose of the TRB Shares.
The Board of Directors of TRB wishes to announce that Texcorp has on 7 May 2020 received the letter of approval dated 4 May 2020 from the Registrar of CCM for a further extension of time of six (6) months to comply with Section 22(5)(b) of the Act, namely the new deadline for Texcorp to dispose of the TRB Shares is 15 November 2020. Pending the disposal of the TRB Shares, Texcorp shall have no right to vote at meetings of TRB or any class of members of TRB.
The aforesaid approval granted by CCM is conditional upon Texcorp lodging the duly executed and affirmed original documents, which were previously submitted to CCM via e-mail, and payment of RM100 lodgment fee to CCM within 30 days from the end of the Movement Control Order in Malaysia (“MCO”). Texcorp has undertaken to fulfil the above conditions as soon as the MCO is lifted.
BOD tussle? After 2014 Texcorp shares disposal announcement ...FY17 , FY18, FY19 is at Loss .
===========
As at to-date, Texcorp, a 73.94% owned subsidiary of TRB, holds 18,144,309 ordinary shares in TRB, representing 15.05% of the total number of issued shares of TRB (“TRB Shares”).
Pursuant to Section 22(5)(b) of the Companies Act 2016 (“Act”), Texcorp is required to dispose of all its shareholding in TRB within twelve (12) months or such longer period as the Companies Commission of Malaysia (“CCM”) may allow. Following thereto, Texcorp has on 14 April 2020 submitted an application to CCM for an extension of time to dispose of the TRB Shares.
The Industrial Division will continue organically grow its core business and intensify diversification efforts into the LATEX glove chemicals and food chemicals segment.
>>> is Latex glove chemicals... is not Nitrile medical gloves which is in sudden high demand due to Covid-19 Pandemic.
That salesman VIN come do marketing again. Hahaha.. we all know texchem in ppe business since 1-2months ago. Now you just blow.. 20-30cents we sapu liao now you come here blow smoke
for newbie, before just please make some study. Dont just listen to here and there then buy
This counter is not bad but is not for goreng just to earn 5% kopi
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Richard Lee
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Texchem Polymer Engineering Sdn Bhd [201401000097 (1076167-T)]
Texchem-Pack (M) Sdn Bhd [197901000413 (44673-D)]
Texchem-Pack (Johor) Sdn Bhd [199301017194 (271932-P)]
Texchem-Pack (PP) Sdn Bhd [197901009434 (53719-T)]
Eye Graphic Sdn Bhd [199001015004 (206673-D)]
Texchem Life Sciences Sdn Bhd [199001010362 (201932-M)]
Texchem Advanced Products Incorporated Sdn Bhd [200901029123 (872228-T)]
Texchem-Pack (Thailand) Co Ltd
Texchem-Pack (Vietnam) Co Ltd
PT Eye Graphic Indonesia