Problem is AT used the cash surplus to buy up Trive RI and Asdion shares, this will be a big loss of quoted shares again on next March 2021 QR report...that's why AT need more fresh funds like 1.26 billions Esos and later on share consolidation exercise plus RI with free warrant in order to buy another loss making company...pls be warned that Fintec loss RM 61 millions in December quarter due to the big loss of quoted shares...beware..
Hello fintec, you are in the news here! Wahh that Facebook called GORENG TIPU tells us who is the real operator and sharks, all did excellent jobs! Heng ong huat ahhhh!
Dunno who is angel and who is devil and why it seems to attract " good samaritans to write plenty". So i continue to accummulate with hope of glove factory success. Cheers.
KUALA LUMPUR (Jan 20): Fintec Global Bhd's wholly-owned subsidiary, Fintec Glove Sdn Bhd, has reached an agreement with Robayu Corporation to enter into a memorandum of agreement to supply medical grade gloves in Europe.
In a filing with Bursa Malaysia today, the technology incubation and investment holding company said pursuant to the agreement, Robayu will act as the official agent and exclusive distributor of medical grade nitrile gloves in Poland and Eastern Europe.
"The agreement entails the supply of 12x40 feet container loads of medical grade nitrile examination gloves per month from the third quarter of 2021.
"Two production lines will be secured for Robayu with an estimated 39.93 million gloves produced monthly, or 479.23 million of gloves production on an annual basis," it said.
Those of you who were in this Chat group in December last year may recall that I told you guys my concern that Fintec may drop like what happened back in 2017 after RI & share consolidation. Looks like a repeat of what happened in 2017 with Fintec now trading at RM0.045. Will not be surprised if another share consolidation will be announced soon.
WTF Fintec is doing? Keep pressing the price down so that they can issue more and more ESOS to their staffs. Is it a SCAM or is it a Genuine Assistance to their own kind? Directors must hold Acciuntable for what they are doing. Not just hidding their names and not mentioning NO Directors are involved. WTF.
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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
oskchoon
3,186 posts
Posted by oskchoon > 2021-04-13 09:04 | Report Abuse
Problem is AT used the cash surplus to buy up Trive RI and Asdion shares, this will be a big loss of quoted shares again on next March 2021 QR report...that's why AT need more fresh funds like 1.26 billions Esos and later on share consolidation exercise plus RI with free warrant in order to buy another loss making company...pls be warned that Fintec loss RM 61 millions in December quarter due to the big loss of quoted shares...beware..