Saya tunggu pengumuman yang mengatakan konsolidasi syer Akan diteruskan dan right issue dibatalkan dan private placement kepada pelabur dari hongkong ataupun China . Semoga jadi :)
Already sold at 0.075 in December 2020, and bought other profitable shares. My advice : Jangan fikir lama-lama....Jangan tunggu lama2.....Nanti lama-lama dia makin menyiksa
KUALA LUMPUR (Jan 27): Fintec Global Bhd's rubber glove unit has tasked Pasukhas Group Bhd to build a rubber glove factory in Perak for RM58.87 million.
In a bourse filing, Pasukhas announced that its wholly-owned subsidiary Pasukhas Sdn Bhd has received a letter of award from Fintec Glove Sdn Bhd to design, build and deliver a turnkey glove manufacturing factory in Kinta, Perak.
The factory in question is a 10,000 sq m factory that will house up to 14 glove dipping lines, which will be used to manufacture medical-grade nitrile
Construction has been set to start on Feb 1 and is set to be completed by Aug 31.
"The contract award is expected to contribute positively to the company's future earnings, earnings per share and enhance the consolidated net assets of the company while the group's gearing will depend on, amongst others, the manner of funding for the contract award," Pasukhas said in its bourse filing.
In a separate statement, Fintec Global said production will begin in July and the main factory building is located on a 4.6-acre piece of land.
With 14 glove dipping lines, its manufacturing capacity would be 32,000 pieces per hour with an annual capacity of 3.3 billion pieces per annum.
"With this, Fintec Glove is on track to deliver on its recently announced memorandum of agreement for distribution into European Union market with international distributor Robayu Corp sp zoo to supply 42 million pieces monthly of medical grade examination nitrile gloves into Poland and Eastern Europe, starting in the third quarter of 2021.
"Simultaneously, Fintec Glove is seeing strong interest from multiple parties to sign long term contracts committing to the future delivery of medical gloves, hence, Fintec Glove believes the outlook for medical glove demand remains positive," it said.
Fintec noted that amid the conducive backdrop for medical glove demand, it expects to recuperate its capital cost within three years, assuming the average selling price of each glove remains above 20 cents apiece.
"As the pandemic has caused the demand for gloves to spike resulting in a supply shortage, medical gloves are now selling at US$12 cents per piece," it said.
On Dec 2, 2020, Fintec announced that it was collaborating with AE Multi Holdings Bhd's unit AE Multi Industries Sdn Bhd and Ripcol Engineering Sdn Bhd to construct the 14 glove dipping lines.
Fintec said the gross development value of the factory site was RM160 million.
haha. distributing at 0.035. once done, break 0.03 and touch 0.025 end of month. april, will side way around 0.02-0.025. on may will go to 0.01 till consolidate day. haha. after consolidate price will be 0.1. 1-2 weeks after consolidate, go back to square one again 0.05-0.08. once penny always a penny
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....
Good123
26,444 posts
Posted by Good123 > 2021-03-22 10:32 | Report Abuse
Saya tunggu pengumuman yang mengatakan konsolidasi syer Akan diteruskan dan right issue dibatalkan dan private placement kepada pelabur dari hongkong ataupun China . Semoga jadi :)