hidup segan mati tak mau ini counter... still no remediation or any plans for their PN17. past 2 days volume in banyak, still going sideways for a month, cannot even break 145/150
good morning, Royalexpert...today drop to new low of 11.5c, can buy? or ...u still on with this counter or sudah lari kuat kuat...didnt hear any news from u... kindly advise...tq
On 21 December 2020, the Company had announced on the execution of Memorandum of Understanding between its wholly owned subsidiary namely Cal-Test Laboratory Sdn. Bhd. [Registration No. 200001020789 (523396-U)] (“Cal-Test” or “Purchaser”) with Mr Yong Yeow Seng (“Vendor” or “Mr Yong”) for the purchase of up to 65% each of the total issued and paid-up capital of both Asiawood Lumbers Sdn. Bhd. and RV Woods Sdn. Bhd. respectively, free from any encumbrances and together with all rights and benefits now on a willing buyer and willing seller basis at a purchase price, which is to be determined and agreeable by both parties after the completion of the due diligence.
The COVID-19 outbreak has reached a pandemic level affecting all globally. The Malaysian Government has enforced the Movement Control Order (“MCO”) which was issued pursuant to the Prevention and Control of Infectious Diseases Act 1988 (Act 342) (“the PCID Act”) and the Police Act 1967 to restrict movement for two (2) weeks from 18 March 2020 to 31 March 2020. It has since been extended until 12 May 2020 (the MCO period from 31 March 2020 to 12 May 2020 is referred to as the “MCO Period”). Subsequently, it was extended to Conditional Movement Control Order (“CMCO”) commencing from 4 May 2020 to 9 June 2020. From 10 June 2020 to 31 August 2020, CMCO is replaced by the Recovery MCO (“RMCO”) and has now extended until 31 December 2020. The Malaysian Government has enforced CMCO in Selangor, Kuala Lumpur and Putrajaya effective from 14 October 2020 to 27 October 2020, extended to 9 November 2020 and then, until 16 December 2020, with a further extension until 31 December 2020 and 14 January 2021 thereafter. Despite that there were Enhanced Movement Control Order (“EMCO”) at certain States of Malaysia, which the Company’s operations were effected. The emergence of the COVID-19 outbreak since early 2020 has brought significant economy uncertainties in Malaysia and market in which the Group and the Company operate.
The Company refer to the circular dated 26 March 2020 issued by Bursa Securities which states that in view of the on-going MCO arising from COVID-19 pandemic, PN17 companies whose First Announcement was made between 2 January 2019 to 31 December 2019 will be allowed to submit their regularisation plans within 24 months (instead of 12 months) from the date of the First Announcement made by the Company. Thus, there are approximately another 10 months for the Company to submit its regularisation plan, unless otherwise stated.
In view of the announcements made on 26 November 2020 and 21 December 2020 respectively on the prospects of the Company moving forward to re-built its businesses by the purchase of new plant and equipment for the manufacturing of pallets, as well as acquisition of the pallet businesses, the Group foresee it would submit a self-regularisation plan in due course once the businesses are in place by the 2nd or 3rd quarter of 2021.
Pakman, u have been missing for quite some time..holidays ka? what do u mean by that? time to buy & fly? or time to cabut? it can be either way...hahhaha
OTHERS IQZAN HOLDING BERHAD ("IQZAN" OR "THE COMPANY") - EXTENSION OF TIME UP TO 31 MARCH 2021 FOR SUBMISSION OF QUARTERLY REPORT FOR THE FINANCIAL PERIOD ENDED 31 DECEMBER 2020 IQZAN HOLDING BERHAD
Type Announcement Subject OTHERS Description IQZAN HOLDING BERHAD ("IQZAN" OR "THE COMPANY") - EXTENSION OF TIME UP TO 31 MARCH 2021 FOR SUBMISSION OF QUARTERLY REPORT FOR THE FINANCIAL PERIOD ENDED 31 DECEMBER 2020 The Company refer to the circular dated 17 February 2021 issued by Bursa Malaysia Securities Berhad (“Bursa Securities”) in relation to the Extension of Time for Submission of Quarterly and Annual Reports and Further Relief to Listed Issuers with Unsatisfactory Financial Condition and Inadequate Level of Operation.
The Board of Directors of the Company wishes to inform that the Company would utilise the 1-month extension for issuance of the quarterly reports for the financial period ended 31 December 2020 (“Quarterly Reports”) and hence, the Quarterly Reports would be released on or before the extended due date by 31 March 2021.
Nevertheless, the Company would continue to comply with the continuing disclosure obligations under the Main Market Listing Requirements (“Main LR”), including the obligation to make immediate announcement of any material information under Paragraph 9.03 of Main LR.
Cantik iqzan..dah lepas awan kumo dia...dah dua green dot...permulaan tukar trend dari downtrend ke uptrend...masih terlalu murah, peluang untuk saya collect byk2 :)
It over. Con company want do glove cheated investors get karma.No run, you only hold paper to the end. Bursa Malaysia publicly reprimands Iqzan Holding.
Notice of Interest Sub. S-hldr (Section 137 of CA 2016) IQZAN HOLDING BERHAD Particulars of Substantial Securities Holder Name MR CHEAH CHAY TIONG Nationality/Country of incorporation Malaysia Descriptions (Class) Ordinary Shares Name of registered holder CHEAH CHAY TIONG Date interest acquired & no of securities acquired Date interest acquired 23 Aug 2021 No of securities 36,973,357 Circumstances by reason of which Securities Holder has interest ACQUSITION OF SHARES VIA PRIVATE PLACEMENT Nature of interest Direct Interest
We refer to the Company’s announcements dated 30 April 2021, 6 May 2021, 11 May 2021 and 2 September 2021 on the subject matter. All abbreviation terms here shall have the same meaning as those set out in the Announcements unless otherwise stated.
The Board of Directors of the Company wishes to announce that the Share Sale Agreements both dated 30 April 2021 including the supplemental agreements dated 1 September 2021 entered between Cal-Test Laboratory Sdn. Bhd. [Registration No. 200001020789 (523396-U)] (“Cal-Test” or “Purchaser”), a wholly owned subsidiary of the Company, with Premium Equity Capital Sdn. Bhd. [Registration No. 202001043691 (1400012-W)] (“PECSB”) and Timber Partners Sdn. Bhd. [Registration No. 202001043686 (1400007-T)] (“TPSB”) (Collectively, be referred to as the “Vendor”), for the purchase of 51% of the total issued and paid up capital of Asiawood Lumbers Sdn. Bhd. and RV Woods Sdn. Bhd. respectively (“Acquisitions”) have completed on 7 September 2021 with the issuance and allotment of the RCPS on 6 September 2021.
With the completion of the Acquisitions, Asiawood Lumbers Sdn. Bhd. and RV Woods Sdn. Bhd. are now the subsidiaries company of Cal-Test Laboratory Sdn. Bhd.
This announcement is dated 7 September 2021.
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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....
thesteward
6,782 posts
Posted by thesteward > 2020-11-26 15:13 | Report Abuse
If can break 16 could fly to break 20 soooooooonnnn