Acme Holdings Berhad is a Malaysia-based company, which is engaged in investment holding and property letting. The Company's segments include Manufacture of plastic components and Property development. Its subsidiaries include Supportive Technology Sdn. Bhd. and Welcome Properties Sdn. Bhd. The Company, through Supportive Technology Sdn. Bhd., produces a range of plastic and wooden speakers for home entertainment systems, stereos and computers, as well as digital audio broadcast (DAB) products for the local and export market. Supportive Technology Sdn. Bhd. is also involved in manufacturing products, such as home and house ware products, including kitchenware and toys. Welcome Properties Sdn. Bhd. is engaged in property development. The Company has approximately two factories that are located at Sungai Petani, Kedah.
In our initials years, our streagth was in the plastic, wood and speaker industries. We developed great in-depth understanding and networks in these industries and till today, remained one of our key focuses. We have now ventured in new business link in other industries including Digital Audio Broadcasting, Television and Display Technology industries.
Our aim is to be continue the recruitment of high quality and ambitious individuals and teams for the purpose of developing our businesses. We intend to be very focus in our business and build upon a successful business model that already operate on, and poliferates worldwide with our services.
Our expansion is not limited to our areas of practices but we will be also embarked on a regional expansion for our industries and offices to reach out to our customers.
yea, DSSB acquisition is okay but not my ultimate goal. The top mgm got to spend their cash more cautiously and should looking for long term growth, not just buying for the short term increase rev and profit
tksw, I'm no sifu la, just someone trying my best to make some money in this shark infested pool. I believe in FPG we can make some money. Better to go in early than to chase. If we can swim with the current, we should be all right.
The 33 million shares owned by CFO Ong was initially transfer to ACME SKY Sdn Bhd (owned by Ong CH) and 2 days latter ACME SKY shareholder changed control to Andrew Su Meng Kit.
I believe Andrew Su is currently a senior management of TA Securities (IB), the IB that does the listing for Foundpac. Is the block of shares a payback for the listing or there for warehousing to goreng???
Maybe for those who lost money in Founpac can ask MACC to investigage ACME SKY owner for his source of wealth.
Andrew is a non Independend non Executive Director of ACME Holdings Berhad (ACME) a listed Co. ACME is a Penang listed property development Co. Is there any relationship of ACME Sky with ACME Holdings given the similarity in name. We do not know??? Maybe not at the moment.
Andrew was previously a Chief Executive Officer of of the defunct Rhythm Consolidated Berhad listed Co who went into PN17.
Andrew is also the Excutive director of Mextor Technolgy and recently redesignated to non independent and non executive. Mextor has some similar business with Founpac
Andrew Su is also a director of Asis Knight Berhad, a PN17 Co. Andrew is also a VP of TA Securities in IB Department .
What is up for the 33 mil shares in Foundpac or 8.9% of total shares now in Andrew coffer. I believe it is for goreng to push Foundpac. We will see the development to come
this company major customer had been fine here fine there ,so dont you think there is some hidden agenda behind . Why the big boys inside this company keep dumping out , so you still want to trust them just dont know what else to say.
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....
tksw
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Posted by tksw > 2017-10-05 18:42 | Report Abuse
hehe, this Director Ong sold ACME to Andrew Su