Stay calm, what khairy said can only hear but cannot trust is loncang vaccine like what Hm claims we the first who produced the only vaccine for dengue few Yr ago yet still so many ppl dying of dengue.
Sold ANZO.. this is a scam, both copper and glove are fake news. I can confirmed that CSTME has sold all the ANZO shares, this cstme is the company that involve in copper deal and before the deal announce, they have 10% of ANZO share. I think this is just a scam stock.
OTHERS Anzo Holdings Berhad ("Anzo" or "Company") Clarification on the Supply Agreement entered by Anzo Group with CSTME Resources Sdn Bhd ("CSTME") ("Supply Agreement") ANZO HOLDINGS BERHAD
Type Announcement Subject OTHERS Description Anzo Holdings Berhad ("Anzo" or "Company") Clarification on the Supply Agreement entered by Anzo Group with CSTME Resources Sdn Bhd ("CSTME") ("Supply Agreement") We refer to the Company’s announcements dated 25 June 2020, 29 June 2020 and 1 July 2020, in respect of the aforesaid matter. The Board of Directors of Anzo wishes to further inform that although the persons connected with CSTME, Mr Albert Tan Yean Heong, Mr Kevin Tan Yean Khim and Ms Chu Boon Lin have on 8 July 2020 disposed their shareholdings in Anzo, the Supply Agreement entered on 25 June 2020 remained valid and on going.
Shareholders selling off their shares is common indeed. This happens at big counters too. Fund Managers too always enter and exit. Someone has bought what was sold. This is purely legal . So let us be positive.
This bullshit worse than through the grapevine, this sounds more thru graveyard. It's exactly meant to dig your hole to bury.
Local glove companies are in a race to produce more medical or nitrile gloves to meet global demand and joining the race soon will be Mlabs Systems Bhd (Mlabs).
We just heard from the market that Mlabs is working closely with one company, whom we think might be an existing glove manufacturer to help ramp up glove production in response to the global shortage brought about by the COVID-19.
Let us help others from falling into trap....let us alert our friends on prebiu.com....all traders must be aware of prebiu.com if they want to avoid losing money
Posted by Fundamental123 > Jul 18, 2020 10:35 PM : Hi Stockiss, Ask your boss push hard over Mlab share price. Always use prebiu to spread fake news to innocents for your gang , old tactic . Thanks.
My posts are as simple and straight forward as you can get, you can't possibly got it completely wrong. Read again to clear your doubt.
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.
(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.
Last time I openned a shop sell underwear have to get reno Majlis approval, ssm registration, Surat keselamatan Bomba Baru masuk mohon lesen niaga, borang diisi Gila banyak, then my Neighbour brought over my next door shop sell baju only fill need fill one borang E , sell expensive watch. If I know better buy a business then convert. No need do A to Z
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....
Anonymous12345678
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Posted by Anonymous12345678 > 2020-07-17 07:41 | Report Abuse
Stay calm, what khairy said can only hear but cannot trust is loncang vaccine like what Hm claims we the first who produced the only vaccine for dengue few Yr ago yet still so many ppl dying of dengue.