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Overview
Additional Info
  Jb181602 When the mother walk the son will follow behind or walk beside her. My TP for mother in short term is 0.25-0.30 so u can guess how much AT Wc is worth 27/06/2020 11:38 AM netcrok 0.04 come.... and grab some... 0.035 come... grab more... 0.03 come... run far... far... :-) 01/07/2020 12:32 PM BobbyAxelrod The cheapest glove stocks with future 928 million pieces of rubber gloves per year production by Nov2020 - Apr2021 11/08/2020 9:41 AM BobbyAxelrod with 1:1 to mother, this warrant is very attractive. let's accumulate big lots now at 9-10sen.. once more development for this project announced, we'll ride to the institutionals' TP 11/08/2020 10:18 AM BobbyAxelrod Zoom out a little bit fellow investors, those who bought in June already getting more than 120%; the stocks are in the uptrend and the fundamentals are solid. Gloves will continue to persist as absolute necessities in the new norm even when vaccine is ready. 11/08/2020 10:46 AM BobbyAxelrod ".. pointed out that existing players would not have embarked on the expansion path if they had not done the necessary calculations to derive what future demand would look like. For the next one to two years, demand will be there owing to new norms surrounding the Covid-19 pandemic. The glove manufacturers would have done their homework to justify the expansions. Furthermore, there is a shift in the demand curve for rubber gloves, projecting the consumption to be higher than before even when the demand normalises." https://www.theedgemarkets.com/article/expansion-rush-concern-rubber-glove-glut-valid 11/08/2020 10:56 AM kc02245 To all shareholders of ATS, We refer to the Circular which was despatched to the Shareholders on 28 August 2020. We wish to notify the Shareholders of the insertion of the following new section under Section 2.1 of the Circular to include information pertaining to the Acquisition of the Chemor Property (as defined herein), being a material development subsequent to the printing of the Circular, as follows:- 2.1.1 Manufacturing locations for the Gloves Business The Group’s proposed venture into the Gloves Business entails the acquisition, installation and commission of up to 20 glove-dipping lines in stages over the course of 36 months. As a start, under the Minimum Scenario, the Group intends to commission 1 single former glove-dipping line and 5 double former glove-dipping lines; under the Maximum Scenario, the Group intends to commission 1 single former glove-dipping line and 7 double former glove-dipping lines. To accommodate the glove-dipping lines, the Group has entered into the following agreements:- (i) the Company had on 26 June 2020 announced the proposed acquisition by AGESB of the entire equity interest in PGSB from the PGSB Vendors (“Acquisition of PGSB”). ===== SUNGAI PETANI PLANT ===== Subject to completion of the Acquisition of PGSB, the Group intends to install up to 6 glove-dipping lines at PGSB’s existing manufacturing facilities in Sungai Petani, Kedah (“PGSB Facility”), which is capable of housing up to 9 glove-dipping lines. Currently, PGSB’s existing manufacturing facilities houses 3 single former glove-dipping lines which are used for the manufacture of work gloves. ============================== On 30 July 2020, the Company announced that AGESB and the PGSB Vendors have mutually agreed to extend the period to fulfil the conditions precedent as stated in the share sale agreement for the Acquisition of PGSB for a period of 2 months from 27 July 2020 as the parties have yet to obtain / fulfil the said conditions precedent. As at the date of this Addendum, the Group is in the midst of performing the necessary due diligence exercises on PGSB; and (ii) the Company had on 27 August 2020 announced that AGESB had entered into a sale and purchase Agreement (“SPA”) with Ripcol Industries Sdn. Bhd. (“RISB” or the “Vendor”) for the purchase of 2 adjoining parcels of leasehold industrial lands, together with industrial premises (“Chemor Property”) (“Acquisition of Chemor Property”), for a total cash consideration of RM10,300,000 (“Purchase Price”), upon the terms and conditions as stipulated in the SPA. The Purchase Consideration was arrived at on a “willing buyer-willing seller” basis after taking into consideration the market value as appraised by Rahim & Co International Sdn. Bhd, being the independent registered valuer appointed by AGESB (“Independent Valuer”). The Purchase Price is expected to be financed through the following sources of funds:- Bank borrowings RM 2,060,000 Internally generated funds and/or funds arising from exercise of Convertible Securities RM 8,240,000 RM10,300,000 ===== CHEMOR PLANT ===== The Group intends to install and commission its glove-dipping lines at the Chemor Property which is able to house up to 12 single former and/or double former glovedipping lines. For information, double former glove-dipping lines are generally taller in height as compared to single former glove-dipping lines but are approximately the same in width and length. As at the date of this Addendum, the Acquisition of Chemor Property is pending completion. ========================= 07/09/2020 9:40 PM kc02245 ATS Manufacturing locations for the Gloves Business The Group expects to be able to house a total of 18 new glove-dipping lines at the PGSB Facility and Chemor Property as follows:- PGSB Facility <=== Existing number of glove-dipping lines: 3 Additional new glove-dipping lines for the proposed Gloves Business: 6 Total glove-dipping lines that the premise is able to accommodate: 9 Chemor Property <=== Existing number of glove-dipping lines: 0 Additional new glove-dipping lines for the proposed Gloves Business: 12 Total glove-dipping lines that the premise is able to accommodate: 12 07/09/2020 9:43 PM  nklye If you believe it will up this is the cheaper entry and to make more compare to its mother. Then buy to your maximum allocation... not beyond and don't be greedy that may burn yourself... 28/10/2020 12:54 AM face Revenue RM860 mil....dump all the overpriced TG, super...etc and buy AT...huge upside for this AT. 28/10/2020 3:01 PM Rahmat_Daud086 KYY should buy big in AT. He likes glove stocks that have potential to grow, Some more the factory in Perak near his house. 09/11/2020 10:50 AM hzfrdaus AT Systematization Bhd, whose shares price surged 42.11% or eight sen to 27 sen today, said its RM22 million planned acquisition of industrial glove maker Pearl Glove Sdh Bhd has fallen through. Following the purchase cancellation, it said will be focusing on building up its own glove production capacity via the establishment of a new plant in Perak. 12/11/2020 12:11 AM Rilek28 AT Systematization Bhd, which has been topping the most actively-traded list recently, has proposed another private placement to fund its glove business — this time to raise up to RM99.31 million — right after completing one last week. The new placement proposal comes after its previous placement was completed on Nov 10, with 679.97 million shares placed out and RM43.27 million raised for its glove venture. It had initially planned to raise up to RM63.83 million under the previous exercise that was announced in August, by placing out up to 795.92 million shares or 30% of its total share capital. 18/11/2020 1:06 PM piew come on la AT son. next month AT production line begins. its good to ep now. 25/11/2020 10:43 AM  | |
