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.
oversea opens new restaurants or factories, construction and interior design will be handled by anzo. all anzo projects will include oversea restaurant ? :)
Copper continued to trade around USD 3.05 per pound the highest since June 2018 driven by rising demand from top comsumer China and as disruptions in supply caused by COVID19 outbreak persisted . Recent data showed Chinese exports rose the most in 1.5 years . Caixin survey showed that Chinese manufacturing activity in Aug 2020 expanded at the fastest pace in a decade . Official NBS Manufacturing PMI for China pointed to 6th straight month of increase in activity as the economy continued to recover from COVID 19 shock . tradingeconomics.com/commodity/copper
above 20 Sen maybe u can say Mahal, now below 10sen with NAV 16sen with new lucrative trading contract . don't think it is overpriced. with Eddie Chai's connection, he might find new or existing biz to be injected into it
as long as never use anzo's funds to buy rubbish assets , pretty ok with current price, hope to see Eddie is serious with anzo as his long term platform to do big biz
Hundreds of thousands have been given Chinese COVID-19 vaccines without a single infection
CGTN

Hundreds of thousands of people have been given two Chinese COVID-19 vaccine candidates as part of an emergency program, without a single case of infection or adverse effects, a senior official of a state-owned vaccine developer has said.
The two vaccines, developed by China National Biotec Group (CNBG), are expected to enter the market as soon as December, said Zhou Song, the company's general legal counsel.
They can protect people against the novel coronavirus for one to three years, and two shots will cost less than 1,000 yuan (about 146 U.S. dollars), according to Zhou.
The two vaccines are still undergoing phase three trials for safety and efficacy in several countries, including the United Arab Emirates, Bahrain, Peru, Morocco, Argentina and Jordan.
The emergency program was launched in late July, which allows "high-risk" groups to be vaccinated, such as medical workers, diplomats and people who worked in foreign countries still struggling with the pandemic.
(Cover image: A coronavirus vaccine candidate from the China National Biotech Group (CNBG) showcased at the 2020 China International Services Trade Fair in Beijing on September 6, 2020. /VCG)
Anzo announced on June 25 that it had inked an agreement to supply up to 60,000 tonnes of copper scrap to CSTME for RM1.3 billion over a period of 40 months.
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 TypeAnnouncementSubjectOTHERS DescriptionAnzo 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.
KUALA LUMPUR (Sept 15): The strong retail participation in the local equity market is not expected to dissipate soon, despite the expiry of the six-month loan moratorium granted by banks at the end of this month, according to Rakuten Trade Sdn Bhd.
In fact, Rakuten's head of research Kenny Yee told a virtual media briefing today that the online broker expects trading interest in the local equities market to continue to be fueled by retail investors in the coming months.
Retail interest, he noted, hit its peak in August with a participation rate of 43.18% in the local bourse, up from its March low of 25.97%, before cooling down to 40.79% this month. The surge of interest was most obvious in April and May, as retail investors rode the rubber glove "fever", Yee said.
So far this year, retail participation is up 132% compared with the average seen in 2019, he said. As a result, the average daily trading volume in the local bourse is about 7 billion shares now, compared with last year's average of 2.5 billion shares.

The flood of retail-driven liquidity has led the FBM KLCI to rebound from its March low of 1,219.72 to its peak of 1,611.42 this year on July 29.
Today, the benchmark index closed 6.51 points or 0.43% higher at 1,511.36 points, still up almost 24% from its March low. Rakuten has projected that the FBM KLCI will close at 1,580 points by the end of this year.
The loan moratorium was first announced by Prime Minister Tan Sri Muhyiddin Yassin in March under the government's PRIHATIN Rakyat Economic Stimulus Package, to ease the financial burden faced by small and medium enterprises, as well as individuals who have been affected by the Covid-19 outbreak.
Rakuten's top picks: AHB, D'nonce and Scomnet
Meanwhile, Rakuten Trade's top fundamentals picks are office furniture manufacturer AHB Holdings Bhd (target price (TP): 61 sen), engineering solutions provider D’nonce Technology Bhd (TP: 88 sen), and Supercomnet Technologies Bhd (Scomnet)(TP:RM2.68) — a manufacturer of wires and cable for medical devices, electrical appliance, consumer electronics and automotive markets.
All three stocks are deemed to be beneficiaries of the Covid-19 theme. For AHB, Rakuten said it is set to benefit from the introduction of its latest products, namely “Covid Panels” and “SpaceCom Medical Hubs” — products that are designed for the office space and medical hubs for Covid-19 prevention. The group is expected to achieve record earnings in its financial year ending Sept 2021 (FY21), according to Rakuten Trade.
Covid Panels are basically glass panel separators in the office space, while its SpaceCom Medical Hubs are mobile medical hubs specially designed to prevent infectious diseases, as they are constructed with negative pressure antivirus high-efficiency particulate air (HEPA) filtration and ventilation systems.
Similarly, the research house expects D’nonce to achieve record earnings in FY21, as the group's packaging boxes are being used by major glove manufacturers including Top Glove Corp Bhd.
Rakuten Trade, meanwhile, favours Scomnet for its robust earnings growth outlook, on the back of improved demand for medical cables amid the pandemic. It also expects the group to deliver its strongest-ever performance on record with earnings per share anticipated to jump by 59% in its current financial year ending Dec 31, 2020, with a further 68.3% growth in FY21.
Scomnet's major clients, it noted, are US-based Edward Lifesciences, and Denmark-based Ambu and Mermaid Medical — both of which are global cardiovascular medical devices companies.
Today, AHB's shares closed one sen or 4.76% higher at 22 sen for a market capitalisation of RM52.86 million, while D’nonce settled 0.5 sen or 0.86% higher at 58.5 sen, which valued the company at RM160.34 million. Scomnet ended the day one sen or 0.51% higher at RM1.98, for a market capitalisation of RM1.28 billion.
Read also: Rakuten Trade positive on KLCI outlook, sets year-end target at 1,580
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....
Victor Yong
8,271 posts
Posted by Victor Yong > 2020-09-10 09:46 | Report Abuse
:)
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.
This announcement is dated 15 July 2020.