Bursa Malaysia (KLSE) Stock Investment Portal

Dear All, no need to read all the speculation news for NIISe, just be patient and hv faith in DSONIC. Those patient investors will enjoy handsome rewards soon. Still confident that DSONIC will secure iKad and NIISe contracts. Lets see !

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Stock: [KAREX]: KAREX BERHAD

2020-08-24 21:27 | Report Abuse

https://www.theedgemarkets.com/article/leading-condom-maker-karex-join-glove-bandwagon-ends-fy20-black

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Stock: [DSONIC]: DATASONIC GROUP BERHAD

2020-08-24 08:15 | Report Abuse

Yes biometric + facial recognition technology is by Datasonic

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Stock: [DSONIC]: DATASONIC GROUP BERHAD

2020-08-23 21:13 | Report Abuse

https://m.facebook.com/story.php?story_fbid=307805046936824&id=104576574505699

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Stock: [DSONIC]: DATASONIC GROUP BERHAD

2020-08-23 21:04 | Report Abuse

https://www.freemalaysiatoday.com/category/bahasa/2020/08/23/kdn-rancang-tambah-kaunter-pemeriksaan-imigresen-di-bangunan-sultan-iskandar/

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Stock: [DSONIC]: DATASONIC GROUP BERHAD

2020-08-22 08:15 | Report Abuse

https://m.facebook.com/story.php?story_fbid=307805046936824&id=104576574505699

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Stock: [DSONIC]: DATASONIC GROUP BERHAD

2020-08-05 13:05 | Report Abuse

https://www.theedgemarkets.com/article/datasonics-recent-correction-phase-could-have-ended-says-rhb-retail-research

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Stock: [ANZO]: ANZO HOLDINGS BERHAD

2020-07-19 17:01 | Report Abuse

Anzo NTA is 16.1

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Stock: [ANZO]: ANZO HOLDINGS BERHAD

2020-07-19 15:32 | Report Abuse

(b) whether the abovementioned approvals, permits and/or licences are still valid following the transfer of
Assets from the Vendor to your Company. If no, please state the expected date for the submission to the
respective regulatory authorities.
The abovementioned approvals, permits/licenses are not transferable from the Vendor, Anzo will need to
resubmit and get the approvals from the respective regulatory authorities upon completion of the Proposed
Acquisition of Assets. The approvals of various permits/ licenses from the respective regulatory authorities
is expected to take approximately 3 to 6 months time.
5) Please clarify whether the production capacity of 100 million pieces of medical gloves per month is reasonable
and achievable given that only 4 out of 9 production lines are readily mobilised.
Based on initial assessment by consultants, the 4 production lines that are readily available has two production
lines for each line. Accordingly, the existing 4 production lines has the production capacity of 60 million pieces
of medical gloves per month.
Whereas, the consultants still need time to assess the other 5 production lines with single line of production
each.
Overall, the Vendor’s initial representation is the total 9 production lines have the capacity of producing 100
million pieces of medical gloves per month.
6) The assumption on the number of medical gloves contained in one carton in arriving at the average selling price
of USD 70 per carton.
The assumption is 1,000 pieces per carton
7) Given that it is the intention of your Company to export the Products to overseas, please clarify whether the
Company has identified or secured any order of medical and/or nitrile gloves from any customers from Europe
and United States or any other country.
Since the announcement, the group has already received enquiries from prospective customers, both local and
overseas, to purchase for all the coming production capacity of medical gloves.
This announcement is dated 13 July 2020.

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Stock: [ANZO]: ANZO HOLDINGS BERHAD

2020-07-19 15:31 | Report Abuse

Subject: PROPOSED ACQUISITION OF LAND, BUILDINGS, MACHINERIES, EQUIPMENT AND MOTOR VEHICLE ("ASSETS")
("PROPOSED ACQUISITION OF ASSETS")
1) It was disclosed that your Company has yet to conduct a market valuation on the Assets and is in the midst of
examining the production capacity of the Assets. Given the above, please provide the basis and justification on
how you can derive at the purchase consideration of RM55 million with certainty.
The basis to derive at the purchase consideration of RM55 million was based on the following:
i) Primary on Vendors’ representations that all production facilities are readily to be mobilised to produce
RM100 million pieces of medical/nitrile gloves per month and the location of the industrial property.
ii) The outlook and prospects of the glove industry. Demand for medical gloves has reached unprecedented
levels as the pandemic has spread globally. In view of the acute surge in demand, the gloves market has
turned into a seller’s market where sellers of gloves have relatively higher negotiation power in determining
pricing as well as allocating capacities.
iii) Due to reason (ii) above, the demand for readily available gloves production facility has surged substantially
and the scarcity of supplies became a seller market. The Vendor has offered RM55 million as selling price.
By signing the Term Sheet with the Vendor, Anzo intend to lock in the opportunity of getting a readily available
gloves production facility. However, the group would still engage the necessary consultants to do the due
diligence and conduct all the verifications prior to finalising the Proposed Acquisitions of Assets.
2) As your Company is still in the midst of studying the cost required to reinstate the production line, please clarify
whether there will be any adjustment to be made to the purchase consideration of RM55 million based on the
outcome of relevant due diligence and assessment by consultants to be completed within the 14 business days.
Subject to further findings and outcomes of the relevant due diligence and assessment, there could be a further
negotiation of the purchase consideration should any of the outcome deviate from the Vendors’ initial
representations.
3) Given that the Vendor is the beneficial owner of the Assets, please confirm whether the ownership of the Assets
have been registered under the name of the Vendor and the date of completion of such registration.
The assets are yet to be registered under the name of the Vendor. The date of completion and registration will
be ascertained by the due diligence to be conducted.
4) It was represented that the business to be carried out on the Assets is subject to the approvals from Department
of Environment, Majlis Tempatan Manjung, Department of Occupational Safety & Health, Bomba licence and
Department of Health and Human Services. In this regard, please incorporate the following:-
(a) date of the respective approvals, permits and/or licences obtained and their period of validity;
The details information of the respective approvals, permits and/or licenses will be ascertained by the due
diligence to be conducted.