Posted by Kingston1 > 2020-08-01 08:56 | Report Abuse

Anzo is back?

https://www.facebook.com/103165771496030/posts/106515657827708/

Posted by SweetNovember > 2020-08-01 09:56 | Report Abuse

The following assets have been sold as at 9 July 2020./---
Particulars of the Assets

The assets, located near the intersection of Jalan Bruas - Ayer Tawar and Ipoh – Lumut Highway, belong to a company which business activities are that of manufacturing, packing and marketing of gloves. The assets are for sale either in piecemeal or lump sum on an “as is where is” basis.

1) Lands and Buildings
Title No. Lot Numbers 8442 (GM 3737), 8443 (GM 3738), 8960 (GM 3739), 8961 (GM 3740) & 8964 (GM 3741)
Locality: Mukim Sitiawan, District of Manjung, Perak Darul Ridzuan
Land Title Area: 31,970 sq metres

2) Machinery and Equipment
Various machinery and equipment used for the manufacturing, packing and marketing of gloves including:
• Single and double former on-line chlorination nitrile glove dipping lines with control panels
• Chillers
• Boiler 25 /15 tonne with switch board panels
• Compressors
• Etc.


3) Motor Vehicles
Consist of the following motor vehicles located in the factory at Perak:
• Changlin Shovel ZL30HC/W 1.7M3
• Caterpillar 3.0-ton Diesel Forklift Truck
• Hyundai Forklift 50DF-7
• Ford Ranger

Good move

Posted by lversoncylee > 2020-08-01 10:31 | Report Abuse

Update news la.. cancel deal already.. still good move.. haha..

Posted by SweetNovember > 2020-08-01 12:26 | Report Abuse

Related Consortium company already owned this glove factory... It take about 2 months for operation. NEPAL WORKERS ON THE WAY... ADDIONAL 2 LINE EXTEND IN THE SAME TIME... NEW OWNER ALSO RELATED WITH Amzo... So good move good news. Immediately new TP 0.40.

Posted by pharm612 > 2020-08-01 15:42 | Report Abuse

Copper is the new gold .
The recent exponential rise in world copper price is due to rising demand of copper for
electric car and its battery .Copper is used in the production of electfoil (electrode deposited
copper foil) which is a thin copper foil with thickness < 10um .Electfoil is the core material
for current collector that forms cathode in an electric car battery.

Posted by Pershing > 2020-08-01 15:46 | Report Abuse

A drop from 26 to 15, people already discounted the Gloves effect.

Posted by apit1983 > 2020-08-01 16:34 | Report Abuse

https://www.theedgemarkets.com/article/anzo-showing-signs-developing-rebound-rhb-retail-research-says

Posted by JohnFook > 2020-08-01 20:16 | Report Abuse

There are more people use condom on this planet compared to gloves

Posted by nokchin > 2020-08-01 21:17 | Report Abuse

@JohnFook,
Just curious ... is ANZO in the condom business?
As far as I know, ANZO is not involved in condom business, is it?
If yes, where is the source/news saying ANZO is in condom business?
As far as I know, after reading ANZO website, I only know ANZO is
involved in timber door manufacturing, sawn timber production,
construction, and the most recent copper deal. That is all I am
aware of about ANZO business. I never know that ANZO is
in condom business ??

Posted by nokchin > 2020-08-01 21:23 | Report Abuse

@SweetNovember,
For your info, ANZO just announced after the market closed on
Thursday (30-July) that they (ANZO) have terminated the glove
purchase deal of that Manjung (Perak) glove factory.

Posted by nokchin > 2020-08-01 21:26 | Report Abuse

@JohnFook,
If ANZO is really involved in condom business, then I guess this
must be a new business, because this condom business is
not stated/specified in ANZO's website.

Posted by ngyewchai76 > 2020-08-01 22:34 | Report Abuse

No core business yet for Anzo, that's why actively looking for business

Posted by ngyewchai76 > 2020-08-01 22:35 | Report Abuse

Everything new is to test water and need due diligence to confirm feasibility

Posted by ngyewchai76 > 2020-08-01 22:53 | Report Abuse

Even glove maker not necessarily make profit, e.g Latexx Partner under Semperit

Posted by ngyewchai76 > 2020-08-01 22:54 | Report Abuse

Even glove maker not necessarily make profit, e.g Latexx Partner under Semperit

Posted by ngyewchai76 > 2020-08-01 23:10 | Report Abuse

Just wonder the Company operating 18 years but stop and offer for sale, something not make sense of the vendor

Posted by ngyewchai76 > 2020-08-01 23:12 | Report Abuse

To buy easy but operating the line may not be easy for new entrants

Posted by nokchin > 2020-08-02 11:48 | Report Abuse

@ngyewchai76,
Thanks for the update/info.
But for ANZO, the copper deal seems real ?!
I think the copper deal is still on-going (valid) for ANZO ?

Posted by nokchin > 2020-08-02 11:51 | Report Abuse

From what I know so far, and from the disclosure/announcement
of ANZO board of directors to Bursa, ANZO says the copper
deal is still on (valid).

Posted by JohnFook > 2020-08-02 12:11 | Report Abuse

Yes that is true

Posted by JohnFook > 2020-08-02 12:13 | Report Abuse

ANZO not in condom business....i was just teasing those glove maniacs

Posted by JohnFook > 2020-08-02 20:45 | Report Abuse

RM1.3B copper export deal is on wef 1st July 2020

Posted by menort > 2020-08-03 08:03 | Report Abuse

Anzo glove deal just cancelled. No Glove for Anzo.

Posted by Bursa1575 > 2020-08-03 08:13 | Report Abuse

The conjob done, wash hand already.

Posted by Legend > 2020-08-03 08:49 | Report Abuse

Gone case already.

Posted by goodiewilly > 2020-08-03 09:02 | Report Abuse

I told..glove gone

Posted by angelo > 2020-08-03 09:20 | Report Abuse

Hahaha.... I have warned n told you all

Posted by goodiewilly > 2020-08-03 09:33 | Report Abuse

Warned Friday already

Posted by pharm612 > 2020-08-03 09:36 | Report Abuse

Good corporate governance for Anzo to declare unsatisfactory due diligence.
Saved a lot of hassle and initial set up loss .Also preserved Anzo's improving
bottom line . Be prepared for next QR's bumper harvest which would include
copper export.

Posted by menort > 2020-08-03 10:10 | Report Abuse

What Anzo did just now is the same manipulation as what Harvest Court did. That time so many Investor ran away and Harvest Court later change name to Anzo. After the name changed they did the same tactic again and again lying to everybody.

Dont waste so much time in this scam counter and take it as a lesson.

Posted by celineting > 2020-08-03 10:12 | Report Abuse

DO U MEAN LET GO ANZO?

Posted by menort > 2020-08-03 10:52 | Report Abuse

The glove deal is over . Get out faster.

Posted by kartz87 > 2020-08-03 11:31 | Report Abuse

Why Bursa cant take any action on companie like Anzo which are selling fake stories for own benefits

Posted by celineting > 2020-08-03 12:27 | Report Abuse

REALLY SHIT

Posted by ngyewchai76 > 2020-08-03 13:54 | Report Abuse

Actively looking for business and make it real esp. health care

Posted by Arjuna60 > 2020-08-03 14:10 | Report Abuse

co kuat kencing

Posted by Arjuna60 > 2020-08-03 14:12 | Report Abuse

bursa must take action.....how long does the copper deal can tahan.....after one or two month....deal void.....tipu org

Posted by ramjamdr > 2020-08-03 15:09 | Report Abuse

pdz n xox also is like anzo very speculative

Posted by Man62 > 2020-08-03 18:18 | Report Abuse

Real con company. Pump and dump.

Posted by damnguy > 2020-08-03 18:27 | Report Abuse

try to cut loss since morning, damn con company

Posted by ngyewchai76 > 2020-08-03 19:34 | Report Abuse

Let see coming quarterly results will show better or worse

Posted by BFA9039 > 2020-08-03 19:47 | Report Abuse

Recently all the counter related to glove business price also shot up like rocket. But unfortunately I go and invest in this counter. No profit lagi mahu rugi. Very dissapointed with myself...... Bad skill in share market

Posted by ngyewchai76 > 2020-08-03 20:12 | Report Abuse

Can not blame as business full with uncertainty, look at the factory to be acquired, 18 years running but why sudden stop

Posted by ngyewchai76 > 2020-08-03 20:12 | Report Abuse

Glove counter are those doing many years already

Posted by ngyewchai76 > 2020-08-03 20:24 | Report Abuse

All can do ask board to look venture PPE instead faster startup

Posted by BFA9039 > 2020-08-03 20:42 | Report Abuse

ngyewchai. Tq for the advice. Appreciate

Posted by ngyewchai76 > 2020-08-03 21:50 | Report Abuse

Con or scam company is the one who takes away money investor and left nothing, stock up down is the response of the investor or punters influence who easily spread rumours

Posted by JohnFook > 2020-08-03 23:34 | Report Abuse

BOD of ANZO not even bothered to issue any statement to investors and public on whatever matters on their company . They appears not having any responsibility to clear the many adverse comments.

Posted by ngyewchai76 > 2020-08-04 09:56 | Report Abuse

Are the BOD new batch, any change before the Chai guy ?

Posted by strattegist > 2020-08-04 12:57 | Report Abuse

red