AT 0.09 / 0 / 0.0%

TOPGLOVE 7.82 / -0.46 -5.7%
HARTALEGA 13.48 / -0.52 -3.7%
KOSSAN 12.80 / -0.88 -6.4%
SUPERMAX 8.32 / -0.68 - 7.6%
COMFORT 3.92 / -0.21 -5.1%
RUBEREX 4.90 / -0.25 -4.9%
CAREPLUS 2.85 /- 0.24 -7.8%

ADDENDUM TO THE CIRCULAR TO SHAREHOLDERS DATED 28 AUGUST 2020 IN RELATION TO THE PROPOSED DIVERSIFICATION AND PROPOSED PRIVATE PLACEMENT

07 Sep 2020

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3085902

ATS Manufacturing locations for the Gloves Business

The Group expects to be able to house a total of 18 new glove-dipping lines at the PGSB Facility and Chemor Property as follows:-

PGSB Facility <===

Existing number of glove-dipping lines: 3
Additional new glove-dipping lines for the proposed Gloves Business: 6
Total glove-dipping lines that the premise is able to accommodate: 9

Chemor Property <===

Existing number of glove-dipping lines: 0
Additional new glove-dipping lines for the proposed Gloves Business: 12
Total glove-dipping lines that the premise is able to accommodate: 12

To all shareholders of ATS,

We refer to the Circular which was despatched to the Shareholders on 28 August 2020. We wish to notify the Shareholders of the insertion of the following new section under Section 2.1 of the Circular to include information pertaining to the Acquisition of the Chemor Property (as defined herein), being a material development subsequent to the printing of the Circular, as follows:-

2.1.1 Manufacturing locations for the Gloves Business

The Group’s proposed venture into the Gloves Business entails the acquisition, installation and commission of up to 20 glove-dipping lines in stages over the course of 36 months. As a start, under the Minimum Scenario, the Group intends to commission 1 single former glove-dipping line and 5 double former glove-dipping lines; under the Maximum Scenario, the Group intends to commission 1 single former glove-dipping line and 7 double former glove-dipping lines.

To accommodate the glove-dipping lines, the Group has entered into the following agreements:-

(i) the Company had on 26 June 2020 announced the proposed acquisition by AGESB of the entire equity interest in PGSB from the PGSB Vendors (“Acquisition of PGSB”).

===== SUNGAI PETANI PLANT =====
Subject to completion of the Acquisition of PGSB, the Group intends to install up to 6 glove-dipping lines at PGSB’s existing manufacturing facilities in Sungai Petani, Kedah (“PGSB Facility”), which is capable of housing up to 9 glove-dipping lines. Currently, PGSB’s existing manufacturing facilities houses 3 single former glove-dipping lines which are used for the manufacture of work gloves.
==============================

On 30 July 2020, the Company announced that AGESB and the PGSB Vendors have mutually agreed to extend the period to fulfil the conditions precedent as stated in the share sale agreement for the Acquisition of PGSB for a period of 2 months from 27 July 2020 as the parties have yet to obtain / fulfil the said conditions precedent. As at the date of this Addendum, the Group is in the midst of performing the necessary due diligence exercises on PGSB; and

(ii) the Company had on 27 August 2020 announced that AGESB had entered into a sale and purchase Agreement (“SPA”) with Ripcol Industries Sdn. Bhd. (“RISB” or the “Vendor”) for the purchase of 2 adjoining parcels of leasehold industrial lands, together with industrial premises (“Chemor Property”) (“Acquisition of Chemor Property”), for a total cash consideration of RM10,300,000 (“Purchase Price”), upon the terms and conditions as stipulated in the SPA. The Purchase Consideration was arrived at on a “willing buyer-willing seller” basis after taking into consideration the market value as appraised by Rahim & Co International Sdn. Bhd, being the independent registered valuer appointed by AGESB (“Independent Valuer”).

The Purchase Price is expected to be financed through the following sources of funds:-
Bank borrowings RM 2,060,000
Internally generated funds and/or funds arising from exercise of
Convertible Securities
RM 8,240,000
RM10,300,000

===== CHEMOR PLANT =====
The Group intends to install and commission its glove-dipping lines at the Chemor Property which is able to house up to 12 single former and/or double former glovedipping lines. For information, double former glove-dipping lines are generally taller in height as compared to single former glove-dipping lines but are approximately the same in width and length. As at the date of this Addendum, the Acquisition of Chemor Property is pending completion.
=========================

ATS Manufacturing locations for the Gloves Business

The Group expects to be able to house a total of 18 new glove-dipping lines at the PGSB Facility and Chemor Property as follows:-

PGSB Facility <===

Existing number of glove-dipping lines: 3
Additional new glove-dipping lines for the proposed Gloves Business: 6
Total glove-dipping lines that the premise is able to accommodate: 9

Chemor Property <===

Existing number of glove-dipping lines: 0
Additional new glove-dipping lines for the proposed Gloves Business: 12
Total glove-dipping lines that the premise is able to accommodate: 12

To all shareholders of ATS,

We refer to the Circular which was despatched to the Shareholders on 28 August 2020. We wish to notify the Shareholders of the insertion of the following new section under Section 2.1 of the Circular to include information pertaining to the Acquisition of the Chemor Property (as defined herein), being a material development subsequent to the printing of the Circular, as follows:-

2.1.1 Manufacturing locations for the Gloves Business

The Group’s proposed venture into the Gloves Business entails the acquisition, installation and commission of up to 20 glove-dipping lines in stages over the course of 36 months. As a start, under the Minimum Scenario, the Group intends to commission 1 single former glove-dipping line and 5 double former glove-dipping lines; under the Maximum Scenario, the Group intends to commission 1 single former glove-dipping line and 7 double former glove-dipping lines.

To accommodate the glove-dipping lines, the Group has entered into the following agreements:-

(i) the Company had on 26 June 2020 announced the proposed acquisition by AGESB of the entire equity interest in PGSB from the PGSB Vendors (“Acquisition of PGSB”).

===== SUNGAI PETANI PLANT =====
Subject to completion of the Acquisition of PGSB, the Group intends to install up to 6 glove-dipping lines at PGSB’s existing manufacturing facilities in Sungai Petani, Kedah (“PGSB Facility”), which is capable of housing up to 9 glove-dipping lines. Currently, PGSB’s existing manufacturing facilities houses 3 single former glove-dipping lines which are used for the manufacture of work gloves.
==============================

On 30 July 2020, the Company announced that AGESB and the PGSB Vendors have mutually agreed to extend the period to fulfil the conditions precedent as stated in the share sale agreement for the Acquisition of PGSB for a period of 2 months from 27 July 2020 as the parties have yet to obtain / fulfil the said conditions precedent. As at the date of this Addendum, the Group is in the midst of performing the necessary due diligence exercises on PGSB; and

(ii) the Company had on 27 August 2020 announced that AGESB had entered into a sale and purchase Agreement (“SPA”) with Ripcol Industries Sdn. Bhd. (“RISB” or the “Vendor”) for the purchase of 2 adjoining parcels of leasehold industrial lands, together with industrial premises (“Chemor Property”) (“Acquisition of Chemor Property”), for a total cash consideration of RM10,300,000 (“Purchase Price”), upon the terms and conditions as stipulated in the SPA. The Purchase Consideration was arrived at on a “willing buyer-willing seller” basis after taking into consideration the market value as appraised by Rahim & Co International Sdn. Bhd, being the independent registered valuer appointed by AGESB (“Independent Valuer”).

The Purchase Price is expected to be financed through the following sources of funds:-
Bank borrowings RM 2,060,000
Internally generated funds and/or funds arising from exercise of
Convertible Securities
RM 8,240,000
RM10,300,000

===== CHEMOR PLANT =====
The Group intends to install and commission its glove-dipping lines at the Chemor Property which is able to house up to 12 single former and/or double former glovedipping lines. For information, double former glove-dipping lines are generally taller in height as compared to single former glove-dipping lines but are approximately the same in width and length. As at the date of this Addendum, the Acquisition of Chemor Property is pending completion.
=========================

AT SYSTEMATIZATION BERHAD - Annual Report & CG Report - 2020

Annual Report for Financial Year Ended 31 Mar 2020

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3083226

AT SYSTEMATIZATION BERHAD - Circular/Notice to Shareholders

CIRCULAR TO SHAREHOLDERS IN RELATION TO THE PROPOSED DIVERSIFICATION AND PROPOSED PRIVATE PLACEMENT

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3082964

0072 AT - AT SYSTEMATIZATION BHD
MYR 0.095
Share Issued: 2.263b
Market Cap: 215.038m
Cash from PP, exercised AT-WC & ESOS: MYR 76,943,920.25

COMMENTS:
It is key that the PGSB acquisition be finalized before the Sep-15 EGM.
This must be done ASAP to instill the shareholders' confidence which is lacking due to the past shady actions of the management. Let us hope that the management do the right thing this time, enough of the past play play. In fact, the management benefits financially the most with good execution of the plans.

Market Cap: MYR 204 Million Only

26-Aug-2020 ATS Cash on Hand (1 + 2 + 3 + 4) = MYR 76,882,670.25

----------------------------------------------------------------------------------------
(1). Private Placements.
18-May-2020 Asiabio Capital Sdn. Bhd. 421,600,000 (MYR 14,756,000.00)
18-May-2020 Mr. Mak Siew Wei 346,800,000 (MYR 12,138,000.00)
Cash to company: 768.400,000 @3.5 sen = MYR 26,894,000.00

----------------------------------------------------------------------------------------
(2). AT-WC (0072WC).
Issue Size : 743,382,150 (22-May-2020)
Current Size : 443,833,000
Exercised : 299,549,150 @ 3.5 sen
Cash to company: MYR 10,484,220.25

----------------------------------------------------------------------------------------
(3). ESOS-1.
Issue Size : 368,970,000 (20-July-2020)
Issue Size : 337,155,000 (22-July-2020)
Total Size : 706,125,000
Current Size : 327,095,000
Exercise price of options offered: RM0.075 each

Exercised : 123,327,000 (30-Jul-2020)
Exercised : 45,254,000 (06-Aug-2020)
Exercised : 151,614,000 (12-Aug-2020)
Exercised : 58,835,000 (14-Aug-2020)
Total Exercised : 379,030,000 @7.5 sen
Cash to company: MYR 28,427,250.00

----------------------------------------------------------------------------------------
(4). ESOS-2.
Issue Size : 123,080,000 (18-Aug-2020)
Current Size : 0
Exercise price of options offered: RM0.09 each

Exercised : 123,080,000 (25-Aug-2020)
Total Exercised : 123,080,000 @9 sen
Cash to company: MYR 11,077,200

----------------------------------------------------------------------------------------

The Private Placement Price involves the issuance of up to 795,924,000 new Shares,
representing 30% of the total number of issued Shares

The Placement Shares will be issued based on a discount of
NOT more than 10% to the 5-day volume-weighted average market price (“VWAP”)
of the Shares immediately preceding the price-fixing date, to be determined by the Board after taking into
consideration prevailing market conditions.

25/08/2020 0.09 296,433,500
24/08/2020 0.09 57,013,300
21/08/2020 0.095 126,736,400
19/08/2020 0.09 69,729,600
18/08/2020 0.10 213,567,500

===> my educated guess is PP price of 8.5 sen if done today <===

Additional Listing Announcement /Subdivision of Shares

1. Details of corporate proposal
Whether the corporate proposal involves the issuance of new type and new class
of securities? N
Types of corporate proposal : ESOS
Details of corporate proposal : Exercise of ESOS <=====
No. of shares issued under this corporate proposal : 123,080,000 <=====
Issue price per share ($) : 0.0900 <=====
Par Value ($) (if applicable) : 0.000
Latest issued share capital after the above corporate proposal
In the following
Units : 2,261,818,008
Issued Share Capital ($) : Malaysian Ringgit (MYR) 131,209,230.950
Listing Date : 25/08/2020 <=====
Remarks:
You are advised to read the entire contents of the announcement or attachment.
To read the entire contents of the announcement or attachment, please access
the Bursa website at http://www.bursamalaysia.com

24/08/2020 12:37 PM


MY TWO SEN:
I find it intriguing why the employees (mostly management) would want to exercise AT at 9 sen. It is no small change at MYR 11,077,200.00. In fact, they exercised 100% of the offered options to eligible Directors and employees under its SIS (SHARE ISSUANCE SCHEME) as announced on 18/08/2020.

Another tell tale sign was the big block of 80,000,000 shares bid @ 9 sen on Friday. 21/08/2020.

They must have known something we don't? Very very confidence news indeed!
.

DIVERSIFICATION OF THE PRINCIPAL ACTIVITIES OF GREEN PACKET BERHAD
AND ITS SUBSIDIARIES TO INCLUDE CLOUD COMPUTING SOLUTIONS AND ITS
RELATED SERVICES

Reference is made to the Company’s announcements dated 5 June 2020, 30 June
2020 and 23 July 2020 in relation to Green Packet Berhad’s Proposed Diversification.
Unless otherwise stated, the terms used herein shall have the same meaning as
defined in the said announcements.

Further to shareholders’ approval obtained at the Extraordinary General Meeting
convened on 23 July 2020. Green Packet Berhad (“GPB” or “Partner”) wishes to
inform that on 18 August 2020, it has entered into Strategic Cooperation Framework
Agreement with Aceville Pte. Ltd. (“Agreement”), a company duly incorporated under
the laws of Singapore and having a place of business at 1 Fullerton Road, #02-
095, One Fullerton, Singapore 049213 (“Tencent”).

(Partner and Tencent are collectively known as the “Parties,” and each individually as
a “Party.”)

Tencent is a leading Internet company and has extensive experiences in a variety of
Internet services, such as big data and cloud computing services for industries.

This Agreement is to leverage on each Party’s resources by establishing, building, and
launching a joint cloud based servers and infrastructure located in Malaysia and make
available cloud computing services under the Tencent cloud branding to customers
worldwide (“Collaboration”) and to govern the overall relationship among the Parties
and their obligations in connection with this Collaboration.

The duration of this Agreement is for a period of ten (10) years from the date of
deployment, unless earlier terminated in accordance with the terms and conditions of
this Agreement.

This announcement is dated 18 August 2020.

AT 0.10 +0.015 (17.65%) / AT-WC 0.07 +0.01 (16.67%)

Jack Sparrow:
EPS -1.80 worst ever that why tomorrow will gap down to 0.03 to 0.05
17/08/2020 6:19 PM
.

AT 0.10 +0.015 (17.65%) / AT-WC 0.07 +0.01 (16.67%)

menort:
This month AT will release its Quarter result.
Price will drop further if result not good and no bank will let them loan a money.
17/08/2020 6:00 PM
.

Congrats to all believers! ATS rocket engines are set for full throttle tomorrow!

==> REMEMBER THAT THERE'S NO SMOKE WITHOUT FIRE <==

AT SYSTEMATIZATION BERHAD ("ATS" OR THE "COMPANY")
ARTICLE ON "THREE FIRMS JOINING FORCES" PUBLISHED BY THE NEW STRAITS TIMES ON 4 AUGUST 2020

The country's glove sector will see a bigger group, with three Bursa Malaysia-listed firms forming a pact to make medical gloves for exports.

The two firms confirmed in the tripartite partnership are Green Ocean Corp Bhd and AT Systematization Bhd, while the third party is believed to be Kossan Rubber Industries Bhd.

Referring to the article published by the New Straits Times on Tuesday 4th of August 2020,
on a tripartite agreement between AT Systematization and two other companies, the Board of ATS wishes to clarify NO SUCH AGREEMENT EXISTS.

Just relax and watch the fireworks in August!

06-Aug-2020 ATS Cash on Hand (1 + 2 + 3) = MYR 49,395,470.25

(1). Private Placements.
18-May-2020 Asiabio Capital Sdn. Bhd. 421,600,000 (MYR 14,756,000.00)
18-May-2020 Mr. Mak Siew Wei 346,800,000 (MYR 12,138,000.00)
Cash to company: 768.400,000 @3.5 sen = MYR 26,894,000.00

(2). AT-WC (0072WC).
Issue Size : 743,382,150
Current Size : 461,728,000
Exercised : 281,654,150 @ 3.5 sen
Cash to company: MYR 9,857,895.25

(3). ESOS.
Issue Size : 368,970,000 (20-July-2020)
Issue Size : 337,155,000 (22-July-2020)
Total Size : 706,125,000
Current Size : 537,544,000
Exercised : 123,327,000 (30-Jul-2020)
Exercised : 45,254,000 (06-Aug-2020)
Total Exercised : 168,581,000 @ 7.5 sen
Cash to company: MYR 12,643,575.00

The Cash on Hand is enough for:
-acquiring PGSB for MYR 22M
-setting up 3 new production lines for MYR 27M
-cash balance: MYR 0.395M+

-

AT SYSTEMATIZATION BERHAD ("ATS" OR THE "COMPANY")
ARTICLE ON "THREE FIRMS JOINING FORCES" PUBLISHED BY THE NEW STRAITS TIMES ON 4 AUGUST 2020

Referring to the article published by the New Straits Times on Tuesday 4th of August 2020, on a tripartite agreement between AT Systematization and two other companies, the Board of ATS wishes to clarify
NO SUCH AGREEMENT EXISTS.

The Board of ATS has no comment on the market speculation concerning this issue and will, according to listing requirements, immediately disclose any material information regarding the Company's activities as it becomes available.

This announcement is dated 4 August 2020.

AT mother vs AT-WC son

AT 14.5 sen
AT-WC 14.5 - 3.5 = 11 sen

Mathematically, it should be worth 11 sen.

Logically, it should be worth 11 sen + time premium of 1 sen minimum = 12+ sen.

Syndicately, it will be pushed below 10 sen so that more holders will exercise to convert to mother share to generate cash for ATS.

It is a win win for long term investors.

0072 AT Additional Listing Announcement /Subdivision of Shares

Types of corporate proposal : ESOS (Employee Share Option Scheme)
Details of corporate proposal : Exercise of ESOS
No. of shares issued under this corporate proposal : 123,327,000
Issue price per share ($$) : MYR 0.0750
Listing Date : 30/07/2020
Cash to company: MYR 9,249,525.00

ATS is Cash Rich = MYR 45,910,420.25

ATS is Cash Rich with MYR 36,660,895.25

AT-WC (0072WC)

Issue Size : 743,382,150
Current Size : 464,328,000
Exercised : 279,054,150 @ 3.5 sen

Cash to company: MYR 9,766,895.25

AT's cash on hand = MYR 36,535,070.25

AT SYSTEMATIZATION BERHAD ("AT" OR "THE COMPANY")
- OFFER OF OPTIONS UNDER SHARE ISSUANCE SCHEME ("SIS")

Pursuant to Rule 9.19(51) of the ACE Market Listing Requirements of Bursa Malaysia Securities Berhad, AT wishes to announce that it has offered options to eligible Directors and employees under its SIS, the details of which are as follows:-

(a) Date of offer: 22 July 2020

(b) Exercise price of options offered: RM0.075 each

(c) Number of options offered: 337,155,000

(d) Market price of AT’s shares on the date of the offer: RM0.080

(e) Number of options offered to Directors of AT are as below: Nil <===== <=====

(f) Vesting period of options offered: The Options are vested on the Offer Date.

This announcement is dated 22 July 2020.

No worries. ATS is cash rich with MYR 36,251,500.25

AT SYSTEMATIZATION BERHAD OPTIONS UNDER SHARE ISSUANCE SCHEME ("SIS")

The AT options’ exercise price @ 7.5 sen is the price at which the holders of the options have the right, but not the obligation, to purchase AT shares at 7.5 sen.

For each option that the holder exercises, he/she has to pay the company 7.5 sen. It is only worthwhile to exercise the options if the underlying AT shares are traded above 7.5 sen. It means the holders (directors) would want to push the AT shares way above the 7.5 sen so that they can exercise the options and sell for handsome profits.

AT SYSTEMATIZATION BERHAD

It means the floor price is RM 0.075. This is a very fair deal for existing shareholders. The management got to work hard to push the price above the RM 0.075 exercise price. Otherwise, it means zero money to them.

AT SYSTEMATIZATION BERHAD ("AT" OR "THE COMPANY")
- OFFER OF OPTIONS UNDER SHARE ISSUANCE SCHEME ("SIS")

Pursuant to Rule 9.19(51) of the ACE Market Listing Requirements of Bursa Malaysia Securities Berhad, AT wishes to announce that it has offered options to eligible Directors and employees under its SIS, the details of which are as follows:-

(a) Date of offer: 20 July 2020

(b) Exercise price of options offered: RM0.075 each

(c) Number of options offered: 368,970,000

(d) Market price of AT’s shares on the date of the offer: RM0.075

(e) Number of options offered to Directors of AT are as below:

Directors / Designation / Number of SIS offered

Dato' Nik Ismail Bin Dato' Nik Yusoff, Independent Non-Executive Chairman, 10,625,000

Mak Siew Wei, Executive Director, 13,750,000

Choong Lee Aun, Managing Director, 11,000,000

Dr. Ch’ng Huck Khoon, Independent Non-Executive Director, 10,625,000

Tan Lay Chee, Independent Non-Executive Director, 4,250,000

(f) Vesting period of options offered: The Options are vested on the Offer Date.

This announcement is dated 20 July 2020.

STATUS UPDATE ON MEMORANDUM OF COLLABORATION ("MOC")
BETWEEN AT ENGINEERING SOLUTION SDN. BHD. ("ATES"), A WHOLLY OWNED SUBSIDIARY OF AT SYSTEMATIZATION BERHAD ("ATS"), AND M3 TECHNOLOGIES (ASIA) BERHAD ("M3T")

The Board of Directors of ATS wishes to inform that at this juncture, both parties are working together in testing M3T’s products in developing enhancement features to ATES’s thermometry and integrated disinfection chamber.

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3069513

Hang in there, this is a DONE DEAL.

ATS will receive 10-15 M easily for the conversions.
They will use it to fund partially the MYR 22M acquisition of PGSB.

This is like a reverse take over or back listing for PGSB. I bought ATS because of PGSB. After reading every single word & sentence in the PGSB website, I am so impressed and confident that it is a great company that ATS bought for a song.

Listing Date of AT-WC: 22/05/2020

There was an artificial discount of 30% for the past 7 weeks since listing to encourage conversions to mother shares. Many "syndicates" had jumped in for easy profits. TRICOR had processed conversions up to July-01 as it normally takes 2 weeks to process. Many convertors got trapped now as they had sent in bank checque and are still waiting for the conversion. Those got converted with mother shares had to sell this week and it did put pressure on the AT shares.

As of today, the discount is ZERO, AT 7.5 sen = AT-WC 4 sen + 3.5 sen.

AT-WC (0072WC)
Issue Size: 743,382,150
Converted: 220,958,150 @ 3.5 sen
Current Size: 522,424,000

Cash to company: MYR 7,733,535.25

(1). ATS’s GLOVE business is worth at least 30 cents.

We all knew that ATS bought Pearl Glove Sdn Bhd for only 22M cash. This was the steal of the century as PGSB is worth at least 100M today.

As a start, ATS intends to set up 4 production lines to manufacture medical grade nitrile examination gloves within the next 4 months upon completion of the acquisition of PGSB. The 4 new production lines are estimated to have a production capacity of approximately 600 million pieces per annum.

Within 3 years, ATS will install and commission a total of 20 production lines in the manufacturing of medical grade nitrile examination gloves with annual production capacity of up to 3 billion pieces per annum within 36 months.

(2). ATS is worth another 20 cents for the following initiatives (Disinfectant Chambers, Mask Making Machines, Ventilators, Glove Making Machines):

13/04/2020
AT Engineering Solution Sdn Bhd, a unit of AT Systematization Bhd (ATS) and China’s Shanghai JieNaXin Mech & Elec Equipment Co Ltd (JNX) has entered into a Memorandum of Collaboration to build DISINFECTANT CHAMBERS to fight against Covid-19.

20/04/2020
AT Engineering Solutions Sdn Bhd, a unit of AT Systematization Bhd (ATS) and M3 Technologies (Asia) Bhd has inked a Memorandum of Collaboration for the supply, provision enhancements and value additions to the anti-epidemic INTEGRATED DISINFECTION CHAMBERS in the fight against Covid-19.

05/05/2020
AT Precision Tooling Sdn. Bhd., a unit of AT Systematization Bhd (ATS) has entered into a Memorandum of Collaboration with Shanghai Jie Na Xin Mech & Elec Equipment Co. Ltd. for the collaboration in the business relating to producing high precision tooling parts for meltblown nonwoven fabric MASK MAKING MACHINES such as spinneret (“Product”) as well as localisation of the Product.

18/05/2020
AT Systematization Bhd (ATS) entered into a Memorandum of Understanding (MoU) with Arzon Solar, LLC (ARZ) to form a joint venture company (JVCo) to design, research and produce of medical grade mechanical air VENTILATORS for local and overseas healthcare markets.

26/06/2020
Venture into the design, fabrication and supply of GLOVE-DIPPING LINES to glove manufacturers.

Q4 looks horrible, only +12.5% growth.

Q4 ending 31/12/2014 RM7,121,000
Q4 ending 31/12/2013 RM6,330,000

This may be the start of the down trend unless the management can explain about any one-off problem.
If you own MMSV, make sure you have one foot out the exit door.
If you do not own MMSV, stay put, this is not the time to be HERO!

Insiders are backing up the truck, facts not wet dreams:

02-Dec-2014 / Acquired / Goh Kim Hock / 1,167,000
01-Dec-2014 / Acquired / Tan Hock Hin / 120,000