https://9shares.my/%E8%89%BE%E5%B0%BC%E6%96%AF%E7%A7%91%E6%8A%80%E5%8F%8C%E5%BC%95%E6%93%8E%E7%94%9F%E6%84%8F%E5%88%9B%E6%9C%AA%E4%BE%86%E5%88%A9%E6%BD%A4/

Some calculation :
Vaccine need 2 dosages.
30,000,000 people x 2 = 60,000,000. Make rm50 per dosage. How much? Share TP?

Tomorrow any chance to terbang ?

Mix, raser raser Siapa cable lagi kuat? Fuzi ke jojo

https://www.thestar.com.my/business/business-news/2020/12/07/trading-ideas-my-eg-services-widad-yong-tai-inix-pa-resources

Guys pls have a look

Anaconda, let’s go genting. Now less ppl there due to Covid. We can win big money

https://www.facebook.com/100059118792916/posts/102800791700547/

Good news must share twice

Guys, I saw the print screen from Batman, anyone want to see can pm me and I can share! Good news must shares to others!!!

Already pm you Batman, show me!!

Batman, how much u brought ? Can show proof !

Assell, first batch should be sinovac. Not sure why they did not announce during November when they get the letter... I believe they have their own planning regarding the announcement

Inix market cap is only around rm200m, which I think is relatively low as compare with others glove maker.

Haha Batman, why re-share again? Good news must share twice ?

Hockster, you can wait for their announcement soon, but for sure the price will be different by that time

Just saw this on Facebook

https://www.facebook.com/100059118792916/posts/102800791700547/?d=n

I want to see it myself before I trust the vaccine news

Batman can send me photo ? I want to see and confirm

Just when to the signing ceremony, a very fruitful trip. Bunch of stock on hand to be exported out and I am sure it will definitely generate revenue and profit for inix

PRESS RELEASE
(Embargo to 5pm, 08th December 2020)
INIX becomes an International Glove Supplier
under the leadership of Tan Sri Jojo

Petaling Jaya, 08th December 2020: Inix Technologies Holding Sdn Bhd (“Inix”, Stock code 0094) has enter into a memorandum of agreement (“MOA”) with the glove manufacturing group WGI Group (WGI) to acquire a 51% stake in the latter and making it an international glove supplier instantly.

The WGI Group factory is located in Petaling Jaya, Selangor. The latex gloves and nitrile gloves produced are sold to the United States, Europe, the Middle East, India, Japan, and South Korea. Through this acquisition, Inix is directly promoted to be an international gloves supplier.

Tan Sri Syed Mohd Yusof bin Tun Syed Nasir said, “Covid-19 pandemic has caused a significant increase in global glove demand. Entering the glove industry can not only create sustained and stable profits for the company, but also help all mankind fight the epidemic. It is a forward-looking and meaningful investment.”

Datuk Tan Choon Hwa, Vice Chairman of (陈春华) said, “Inix will pay for the acquisition in cash and issuing new shares. More details of the acquisition will be announced in the near future.”

The Executive Director of Inix, Siva Kumar Kalugasalam said, “We believe that this acquisition which come with international certification will improve our margin for our glove business and make a positive contribution to the group's future profitability.”

WGI Group Chief Operation Officer Goh Poh Seng [吴葆盛] said, “WGI Group is a glove manufacturer with advanced equipment and perfect international sales channels. The three main glove products produced by the group, namely latex gloves, nitrile gloves and surgical gloves, sell well in many countries. Our turnover is RM10 million per month.”

Among the WGI director who was present was Dato’ Dr Lingesh Mari. He has extensive experience in the healthcare field and has more than 20 years of experience in related fields.

Dr Lingesh said, “We have strategic partnership with various manufacturers in Penang and Selangor, which produces rubber and nitrite gloves. We have product certification from Food and Drug Administration of US (“FDA”) and CE certification from Europe.”

Recent development
Last Friday Inix inked a Memorandum of Agreement with L&S Gloves Sdn Bhd (L&S Glove) and acquire 51% equity interest of the latter, which is currently in production. This would be Inix's latest manoeuver to penetrate into the lucrative rubber glove industry.

Inix reported to Bursa Malaysia today that L&S Gloves has two production lines in its factory in Beranang which is in production. Inix plans to expand own production up to 14 line in the next one year plus. Total Inix’s investment into this project is estimated to be no less than RM50 million.


Background of Inix
Inix itself is an investment holding company. The company is engaged in hardware and software supply, including software development and system integration, books that are engaged in sales, and businesses, including investment holdings and others.

Inix technology subsidiaries include Ansi Systems Sdn Bhd, which is engaged in software development, system integration and book sales. NCSoft Sdn Bhd is engaged in software development, system integration, information technology management, consulting and other related professional services, as well as system integration.
Inix mainly focuses on E-commerce portals, new software integration solutions and mobile application functions, and also strengthens some software development, while implementing customer-specific projects.

Jom terbang later!!!

Inix is back guys

What to con u Arcadia, just ask u to go press conference and u are saying I am doing con job

Batman see u tomorrow, we should meet up. I am going too to see it myself

Guys, There will be a signing ceremony between Inix and WGI group as below:

Date: 8th December 2020
Time: 2 PM
Venue:No.3, Jalan 51/203A,Perindustrian Tiong Nam,PJ , Selangor

Too bad I can’t share the pic with you arcadiafire in this forum .. I received the invitation to the press conference

Yes, everyone can attend the press conference, after glove it’s vaccine time for inix!! Non stop good news

Arcadiafire, tomorrow they are having a press conference to ink the deal, after that they will announce with bursa

Every glove counter he enter people will sell off...

Pineapple, go and google what is KYY

Investor, tomorrow 2pm go four season hotel near KLCC and listen to their press conference.

Better don’t let KYY join the boat! Will become titanic

Batman, I visited the factory just now. Very promising. Hopefully they will announce to public tomorrow. After they announce, will limit up!

Jom terbang tomorrow!! Hold tight! They might announce 14 lines new factory tomorrow !!

I already make a visit to the factory, 14 lines coming soon

Whoever want to sell at current price, sell to me

14 lines glove factory coming soon. I saw it myself...

Good business strategy, acquire and expand

Wei don’t spread la, I still wanna buy...

Hope big shark don’t goreng in the morning, I want to enter....

Hopefully no direct limit up tomorrow. Gonna buy more...

Inix Technologies Holdings Berhad (0094) to Welcome a New Director

6 December 2020

According to sources, Inix Technologies Holdings Berhad (“INIX”) is set to welcome a prominent businessman to their board as director. He is a well known entrepreneur who has more than forty (40) years of experience in diverse areas such as property development, construction, media, entertainment, hotel management and hospitality, food and beverage, banking and information technology.

As this new Director is an active member of the business community, it looks like INIX will have a stronger backing for their foray into the glove and vaccine business.

This new addition to their board of directors and their recent purchase of a glove factory with 2 production lines looks set to raise the TP for INIX to at least RM1.80 from its current price of RM0.33.

Hero, they brought the existing glove production factory which already have 2 lines in operation. They going to expand to 14 lines next year

Dawscpj, this counter have both. So far they only announce the acquisition of glove factory, believe soon they will announce about vaccine

Let’s hit 0.5 first

I will believe Inix due to:
1. The price yet to surge
2. Confirm glove production factory
3. KKM letter to supply vaccine (yet to announce)

Monday Inix will terbang!! No doubt on that