The shares were disposed of via a private placement but the party or parties involved in the placement exercise were not revealed. “The company is not working on any groundwork for a listing at the current moment, as its focus is to drive operational efficiency for the generation company,” TNB said. The group added that in every subsequent month, two new glove dipping lines will be installed; it aims to eventually have one single former glove dipping line and 12 double former glove dipping lines by the middle of 2021. Third quarter revenue fell to RM162.67 million from RM185.61 million a year ago and RM144.99 million in the second quarter. 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. In a statement today, the group said the target is based on the assumption of its production lines running at 24 hours per day and 30 days per month. Change. At noon break, AT Systematization shares had risen half a sen or 5.56% to 9.5 sen, bringing its market capitalisation to RM265.19 million. 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. Green Packet Bhd, which reported today a third quarter net loss of RM6.81 million versus a net profit of RM5.6 million a year earlier, said the telecommunications company’s quarterly net loss, had however narrowed substantially from 11.98 million recorded in the immediate preceding quarter, mainly due to the interest saving as a result of the settlement of exchangeable medium-term notes. We Design, Develop & Manufacture quality eco-friendly work gloves which are customized & tailored to your needs and requirements. KUALA LUMPUR (Aug 10): ACE Market-listed industrial automation system and machinery designer and manufacturer AT Systematization Bhd (ATS), which is venturing into the rubber glove industry, is commissioning six glove dipping lines for its new factory. The Fabrication and automation is engaged in the fabrication of industrial and engineering parts, and design and manufacturing of industrial automation systems and machinery. For the cumulative nine months ended Sept 30, MQREIT said net property income climbed to RM96.68 million from RM91.6 million a year earlier while revenue increased to RM124.55 million from RM120.37 million. AT SYSTEMATIZATION BERHAD. AT Systematization Berhad beroperasi sebagai sebuah syarikat pemegangan pelaburan serta menyediakan perkhidmatan pengurusan kepada anak syarikat. BERNAMA, Pertubuhan Berita Nasional Malaysia merupakan Peneraju dalam perkhidmatan berita dan maklumat mempelawa calon warganegara Malaysia yang layak untuk menyertai kami : It added that it will continue to explore opportunities to further enhance shareholder value. Bursa Malaysia aims to help investors make informed decisions and facilitate better understanding of our listed companies. Assuming it sustains maximum production capacity throughout and the average selling price (ASP) of nitrile gloves hit US$80 per 1,000 pieces, AT Systematization believes the new venture will earn the group RM860 million in annual turnover, which is over 40 times the RM20 million achieved in its financial year ended March 31, 2020 (FY20). Hong Leong Financial Group Bhd (HLFG) confirmed today that it has disposed of 27 million shares, equivalent to a 10.94% stake, in Hong Leong Capital Bhd (HLCAP), in a bid to increase the latter's public shareholding spread. 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The shares were disposed of via a private placement, but the party or parties involved in the placement exercise were not revealed. The Group's major business activities are the des ign, fabrication, installation, testing and commissioning of glove-dipping lines. The Company's segments include Fabrication and automation, and Others. Medical and healthcare equipment provider LKL International Bhd has inked an agreement with AT Systematization Bhd to market, sell and distribute natural rubber latex gloves and nitrile gloves. AT Systematization Berhad is engaged in the investment holding and provision of management services to its subsidiaries. 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. HLT Global Berhad is the Malaysia-based investment holding company of HLT Global Group, which includes the Company and its sole subsidiary HL Advance Technologies (M) Sdn Bhd. AGESB - AT Glove Engineering Sdn Bhd [Registration No. kwok_39 Posts: 336 … The pace of job gains likely slowed in November due to the impact of virus shutdowns, MIC sudah tak relevan, saya tak akan pertahan rumah ibadat dibina secara haram, kata MB Kedah, 'No Malaysian workers sleeping on the streets in Singapore', Pengalaman desa Hobbit kini di Kundasang Sabah, Coronavirus claims 1.5 million lives globally with 10,000 dying each day, People are putting their routers in jail to protect themselves from harmless Wi-Fi. In a Bursa filing […] KUALA LUMPUR: The country’s glove sector will see a bigger group, with three Bursa Malaysia-listed firms forming a pact to make medical gloves for exports. We Asked Two Dermatologists to Explain, You Can Ride This Glass-Domed Train Through The Mountains From Colorado To Utah, Sorry, Emotional Support Peacock! ATS was subsequently listed on the MESDAQ Market of Bursa Malaysia First and foremost, AT should expand their business. ATS, an industrial automation systems provider listed on the ACE Market, signed a letter of intent to acquire Pearl Glove, a Kedah-based company with pioneer status or tax exemptions of up to five years. bhd., a wholly owned subsidiary of at systematization berhad, and lkl advance metaltech sdn. 200401006297 (644800-X)] ATS Group or the Group - Collectively, ATS or Market: ACE Market Sector: INDUSTRIAL PRODUCTS & SERVICES Company Website Annual Report. According to the group, its Line 1 glove dipping facility is 80% completed and is expected to produce its first batch of gloves in less than two months. A complete range of products and services AT Systematization, Berhad. AT (0072) : AT SYSTEMATIZATION BERHAD: lowprof Posts: 1 Joined: Mar 2017 Male, MYS: 23 Mar 2017, 03:27 AM Post #1: any good news for this co? AT Systematization Berhad. Bhd. AT Systematization Bhd, which is building its glove manufacturing factory in Perak, expects to reach a production capacity of up to 2.6 billion pieces of … 8 Persiaran Tropicana, Tropicana Golf & Country Resort, 47410 Petaling Jaya, Selangor. Based on corporate announcements and news flow today, companies that may be in focus tomorrow (Nov 12) include: Tenaga Nasional Berhad (TNB), Top Glove Corp Bhd, Hong Leong Financial Group Bhd (HLFG), Hong Leong Capital Bhd (HLCAP), AT Systematization Bhd, Green Packet Bhd, MRCB-Quill REIT's (MQREIT), Sino Hua-An International Bhd, Brahim’s Holdings Bhd and Focus Dynamics Group Bhd. AT Systematization diversifies into glove manufacturing business By Farah Adilla - August 10, 2020 @ 4:09am AT Systematization Bhd (ATS) plans to raise up RM63.8 million via a proposed placement of shares to investors as it diversifies into glove manufacturing business. Latest Trade. All information about AT Systematization, Berhad in Georgetown (Malaysia). The gloves would be mainly distributed to hospitals and healthcare providers, with a targeted volume of up to 2.6 billion pieces per year. The Edge Communications Sdn. But why? AT Systematization Berhad Lot 11.2, Level 11 Menara Lien Hoe, No. Its revenue grew to RM41.71 million, from RM39.46 million a year earlier. Permainan kedua: Menggunakan promoter KYY untuk mempromosikan bahawa saham AT adalah berkaitan dengan glove-mania yang kebanyakan syarikat di Bursa Malaysia mahu terlibat. 2020. KUALA LUMPUR: AT Systematization Bhd (ATS) is buying Pearl Glove (Malaysia) Sdn Bhd which has a contract to produce around 500 million pieces of gloves in the next one year. The group eventually plans to have 20 lines, although the last seven lines will be installed at a new plant later. Founded by Tan Sri Dr. Lim Wee Chai in 1991, Top Glove Corporation Berhad is one of the world’s largest glove manufacturer owning 40 factories with 648 production lines. 0.26 MYR. Permainan AT Systematization Berhad Permainan pertama: Mengisytiharkan bahawa mereka akan membeli Pearl Glove 100% pegangan sebanyak RM22 juta pada bulan June 2020. AT Systematization Berhad beroperasi sebagai sebuah syarikat pemegangan pelaburan serta menyediakan perkhidmatan pengurusan kepada anak syarikat. AGESB - AT Glove Engineering Sdn Bhd [Registration No. (Photo by AT Systematization). AT Systematization has signed a letter of intent to acquire industrial glove maker, Pearl Glove (Malaysia) Sdn Bhd, for an undisclosed sum, subject to due diligence, regulatory and shareholder approval. It produces 2.6 billion gloves annually. The group said each single former production line can run at a speed of 15,000 pieces of gloves per hour, whereas each double former production line can run at a speed of 24,000 pieces of gloves per hour. Connect with friends faster than ever with the new Facebook app. ... Baru-baru ini telah dikhabarkan bahawa pemerolehan RM22 juta yang dirancang untuk pembuat sarung tangan industri Pearl Glove … View AT Systematization Berhad's income statements, balance sheets, cash flow statements, EBITDA reconciliations, forecasts, valuation and more. 202001014272 (1370592K)] ATS or the Company - AT Systematization Berhad [Registration No. About Pearl Glove (Malaysia) Sdn. We Design, Develop & Manufacture quality eco-friendly work gloves which are customized & tailored to your needs and requirements. 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. Top Glove is a leading manufacturer of disposable rubber gloves. • the bank of nova scotia berhad corporate information top glove corporation bhd • annual report 2017 7. tan sri dr lim wee chai puan sri tong siew bee lee kim meow tan sri rainer althoff lim cheong guan lim hooi sin tan sri dato’ seri utama arshad bin ayub datuk noripah binti kamso datuk dr. Comfort Glove’s total issued shares is 583 million Some ways to expand the business that I would like to recommend is by adding new products or services into their mix. KUALA LUMPUR (Nov 11): Based on corporate announcements and news flow today, companies that may be in focus tomorrow (Nov 12) include: Tenaga Nasional Berhad (TNB), Top Glove Corp Bhd, Hong Leong Financial Group Bhd (HLFG), Hong Leong Capital Bhd (HLCAP), AT Systematization Bhd, Green Packet Bhd, MRCB-Quill REIT's (MQREIT), Sino Hua-An International Bhd, Brahim’s Holdings Bhd and … Company Profile ATS was incorporated in Malaysia on 8 March 2004 under Companies Act, 1965 as a public limited company under the name of AT Systematization Berhad. 202001014272 (1370592K)] ATS or the Company - AT Systematization Berhad [Registration No. With a total of 195 branches all throughout Malaysia, Thailand, China, United States, and Europe, Top Glove’s name has been included in Bursa Malaysia and the mainboard of the Singapore Exchange. AT SYSTEMATIZATION BERHAD (“ATS” OR THE “COMPANY”) INCORPORATION OF A NEW WHOLLY OWNED SUBSIDIARY 1. has on 6 November 2020 entered into a distributorship agreement with LKL Advance Metaltech Sdn. About AT Systematization Bhd AT Systematization Berhad is an investment holding company. AT Systematization, Distributorship agreement, LKL International, Gloves. ATS was incorporated in Malaysia on 8 March 2004 under Companies Act, 1965 as a public limited company under the name of AT Systematization Berhad. kwok_39 Posts: 336 Joined: May 2017 Male, MYS: 06 Mar 2019, 03:22 PM Post #2 © All rights reserved. Among the actives, Bioalpha dropped 4.5 sen to 31 sen, AT Systematization inched down 1.5 sen to 19.5 sen and Lambo rose half-a-sen to four sen. On the index board, the FBM Emas Index shed 8.11 points to 11,561.52, the FBMT 100 Index eased 14.68 points to 11,318.10 and the FBM Emas Shariah Index dropped 41.87 points to 13,330.26. While the group takes note that the gloves’ rising ASP momentum might not be sustainable once a Covid-19 vaccine is developed, Choong said it believes the long-term growth prospects of the rubber gloves industry are intact, given the increased awareness of the importance of gloves following the pandemic. About Pearl Glove (Malaysia) Sdn. AT (0072) : AT SYSTEMATIZATION BERHAD lowprof Posts: 1 Joined: Mar 2017 Male, MYS 23 Mar 2017, 03:27 AM Post #1 any good news for this co? KUALA LUMPUR (Nov 11): Based on corporate announcements and news flow today, companies that may be in focus tomorrow Rm 605 divided by 2.6 billion = 23 sen per glove. 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. ONLY WORLD GROUP HOLDINGS BERHAD OWG - RENOUNCEABLE RIGHTS ISSUE OF 114,039,965 NEW ORDINARY SHARES IN OWG ("OWG SHARE(S)") ("RIGHTS SHARE(S)") TOGETHER WITH 57,019,981 FREE DETACHABLE WARRANTS IN OWG ("WARRANTS B") ON THE BASIS OF 2 RIGHTS SHARES TOGETHER WITH 1 FREE WARRANT B FOR EVERY 5 EXISTING OWG SHARES HELD BY THE SHAREHOLDERS OF … Brahim's Holdings Bhd is collaborating with Focus Dynamics Group Bhd for the Digital Kitchen Project, a venture in the on-demand food and beverage industry, amid an expected increase in demand for e-commerce-based food delivery services due to the COVID-19 pandemic. AT Systematization Bhd, whose … This initiative is in line with our core business of designing and manufacturing industrial automation systems and precision engineering solutions,” he added. AT Systematization managing director Choong Lee Aun said the group is investing RM120 million into the dipping lines along with related facilities and the new building, and believes that the group will break even on the new venture in a year, citing “overwhelming response and queries on orders from foreign and local buyers”. ATS (0072) - The Most Under-Valued Glove Maker The Gloves Century Rally 5. at systematization berhad ("ats" or the "company")distributorship agreement between at glove engineering sdn. Bhd. More Details Sino Hua-An International Bhd has proposed to dispose of PIPO Overseas Ltd for 88 million yuan (RM54.95 million), which will be used to partially settle an outstanding amount in relation to the group’s acquisition of Touchpoint International Sdn Bhd as well as partially pay the purchase consideration to Wavetree PLT for intellectual property rights. AT Systematization Berhad is pleased to announce that its wholly owned subsidiary, AT Glove Engineering Sdn. It saw some 61.93 million shares traded. SHIB had initially invested RM800 million in PIPO in May 2006. ATS … KUALA LUMPUR (Nov 11): Based on corporate announcements and news flow today, companies that may be in focus tomorrow Thursday, November 12, 2020 LKL, AT Systematization, Boustead, Techfast, Top Glove, Hartalega, Supermax and Kossan KUALA LUMPUR (Nov 6): Based on corporate announcements and news flow today, companies in focus next week may include: LKL International Bhd, AT Systematization Bhd, Boustead Holdings Bhd, Techfast Holdings Bhd, Top Glove Corp Bhd, Hartalega Holdings Bhd, Supermax Corp Bhd and Kossan Rubber … KUALA LUMPUR (Nov 11): Based on corporate announcements and news flow today, companies that may be in focus tomorrow (Nov 12) include: Tenaga Nasional Berhad (TNB), Top Glove Corp Bhd, Hong Leong Financial Group Bhd (HLFG), Hong Leong Capital Bhd (HLCAP), AT Systematization Bhd, Green Packet Bhd, MRCB-Quill REIT's (MQREIT), Sino Hua-An International Bhd, Brahim’s Holdings Bhd and Focus Dynamics Group Bhd. AT Systematization expects glove-making capacity to reach up to 2.6 bil pieces per year by June 2021 Stock: AT (0072), Company: AT SYSTEMATIZATION BHD, Description: AT Systematization Bhd is an integrated designer and manufacturer of industrial automation systems and precision engineering solutions. Semua … AT Systematization Berhad, an investment holding company, designs, manufactures, and fabricates industrial automation systems, machinery, and industrial and engineering parts in Malaysia, Singapore, Switzerland, the United Kingdom, the United States, and internationally. the acquisition is real, otherwise no need to form this subsidiary: The Board of Directors of AT Systematization Berhad is pleased to announce that the Company had on 15 June 2020 incorporated a new wholly owned subsidiary ATS, in a filing to Bursa Malaysia today, did not disclose the price it was paying but sources said Pearl Glove's contract was valued at about RM100 million. Welcome to the homepage of PEARL GLOVE (Malaysia) – your preferred OEM & ODM partner in gloves. zack990111 230 posts: posted by zack990111 > nov 6, … AT SYSTEMATIZATION BERHAD Since AT Systematization Berhad does not make any profit from year 2016 to 2019 so I think AT needs to improve more in terms of profitability ratios. Bhd. INTRODUCTION The Board of Directors of AT Systematization Berhad (“ATS” or the “Company”) is pleased to announce that the Company had on 15 June 2020 incorporated a new wholly owned subsidiary, AT Glove Engineering Sdn. The glove orders for AT Systematization comes less than a month after the company acquired an industrial glove maker, Pearl Glove (Malaysia) Sdn Bhd. Top Glove Corp Bhd today bought back another 8.91 million shares in the company, representing a 0.83% stake, for RM69.9 million. AT Systematization Bhd (ATS) believes its foray into the glove-making business comes at an opportune time as the world tackles the Covid-19 crisis. The 8.91 million shares today were bought at between RM7.71 and RM7.90 per share. MRCB-Quill REIT's (MQREIT) third-quarter net property income rose 9% to RM32.4 million from RM29.74 million a year earlier as the property trust registered higher revenue from its real estate assets here and in Penang and as group property operating expenses decreased. Tel: +(603) 7887 8330 Fax: +(603) 7887 8331 E-mail : info@atsys.com Please refer to the attached announcement for further details. 【Growth成长股】AWC Berhad (7579) – Benefit from Strong 6. AT Systematization Bhd, which is building its glove manufacturing factory in Perak, expects to reach a production capacity of up to 2.6 billion pieces of … KUALA LUMPUR (Nov 6): Based on corporate announcements and news flow today, companies in focus next week may include: LKL International Bhd, AT Systematization Bhd, Boustead Holdings Bhd, Techfast Holdings Bhd, Top Glove Corp Bhd, Hartalega Holdings Bhd, … b) TOPGLOV (TOP GLOVE CORP BHD), recommended on 1 July 18, initial price was RM12.14, rose to RM33.80 (adjusted)(dividend RM0.32) in 1 Year 11 months 11 days, total return is 181.1% c) MI (MI TECHNOVATION BERHAD), recommended on 2 Jun 19, initial price was RM1.67, rose to RM3.68 (adjusted)(dividend RM0.055) in 1 Year 10 days, total return is 123.7% LKL managing director Lim Kon Lian said AT Systematization would be able to tap into the former’s extensive distribution network within the healthcare industry, both in Malaysia and internationally. The shares were disposed of via a private placement, but the party or parties involved in the placement exercise were not revealed. The rationale to diversify, as ATS is an industrial automation systems provider, was because the gloves sector offered high growth potential, said ATS managing director L A Choong. Tenaga Nasional Berhad (TNB) has denied a media report that it is planning to pursue an initial public offering for its power generation business next year. This is the second day running that the glove maker repurchased its own shares, spending close to RM140 million in the buyback exercise over the two days. “Nevertheless, the group’s strategy for the post-Covid-19 era is to implement digital manufacturing technologies such as plant equipment automation, advanced robotics and additive manufacturing. 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Pearl Glove, which was incorporated in 2008, is a turnkey glove operator that manufactures industrial and safety gloves with three existing manufacturing lines and customers from the UK, EU, US, Turkey, Canada,Japan, Oceania, Thailand and India. AT Systematization’s former glove dipping lines in its production plant in Chemor, Perak. Bhd Welcome to the homepage of PEARL GLOVE (Malaysia) – your preferred OEM & ODM partner in gloves. AT Systematization Bhd (ATS) has expressed its intention to acquire industrial glovemaker Pearl Glove (M) Sdn Bhd for an undisclosed sum. The Board of Directors of AT Systematization Berhad (“ATS” or the “Company”) is pleased to announce that the Company had on 15 June 2020 incorporated a … the acquisition is real, otherwise no need to form this subsidiary: The Board of Directors of AT Systematization Berhad is pleased to announce that the Company had on 15 June 2020 incorporated a new wholly owned subsidiary, AT Glove Engineering Sdn. AT Systematization’s total issued shares is 3180 million shares X 19 sen = Rm 605 million market capitalization. AT Systematization Berhad ATSM.KL Latest Trade 0.26 MYR Change 0.04 (+15.91%) Volume 1,951,474,500 Today's Range 0.22 - 0.26 52 Week Range 0.02 - … Lab-grown “chicken” has just been approved for sale in Singapore. All glove stocks dragged down by Top Glove - Koon Yew Yin Koon Yew Yin's Blog 4. LKL, AT Systematization, Boustead, Techfast, Top Glove, Hartalega, Supermax and Kossan KUALA LUMPUR (Nov 6): Based on corporate announcements and news flow today, companies in focus next week may include: LKL International Bhd, AT Systematization Bhd, Boustead Holdings Bhd, Techfast Holdings Bhd, Top Glove Corp Bhd, Hartalega Holdings Bhd, Supermax Corp Bhd and Kossan Rubber … Shariah Compliant. Moreover, he said the group plans to venture into the provision of design, engineering and technology works, fabrication as well as installation of machines for the manufacturing of gloves and other rubber related products in two to three years. Bhd. Airlines Can Now Ban Animals Other Than Dogs From Flights. Syarikat ini, melalui anak syarikat menyediakan reka bentuk, pengeluaran dan fabrikasi sistem automasi industri, mesin, … It attributed the quarterly loss to higher costs incurred for its solutions business and as the company registered higher expenses to strengthen the group's engineering centre of excellence in Chengdu, China. bhd. Bhd. to Bhd. ATSM.KL. PETALING JAYA: AT Systematization Bhd’s Line 1 glove dipping facility is 80% completed and the first batch of medical-grade nitrile gloves set to be produced in less than two months. KUALA LUMPUR (Oct 28): AT Systematization Bhd, which is building its glove manufacturing factory in Perak, expects to reach a production capacity of up to 2.6 billion pieces of medical-grade nitrile gloves per annum by June 2021. Following the disposal of the shares, HLFG's stake in HLCAP is reduced to 173.8 million shares or 70.396%. Production of Line 1 will commence in early December, enabling revenue contribution from the new glove business to begin in FY21, it said. 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Systematization Berhad [ Registration No RM7.90 per share ever with the new app. Rm7.71 and RM7.90 per share November 2020 entered into a distributorship agreement between at Glove engineering Sdn to needs! Is by adding new products or services into their mix and more friends faster Than ever with the Facebook! Juta pada bulan June 2020, testing and commissioning of glove-dipping lines parties involved in the placement were. Coke and other related byproducts 's segments include fabrication and automation, Others! Company '' ) distributorship agreement with LKL Advance Metaltech Sdn stocks dragged down by Top Glove - Yew! Faster Than ever with the new Facebook app some ways to expand the business that I like... And requirements, Perak: 336 … About Pearl Glove ( Malaysia –! Needs and requirements to RM41.71 million, from RM39.46 million a year earlier Corp today! That I would like to recommend is by adding new products or services into their mix from RM185.61 a. 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Of metallurgical coke and other related byproducts into a distributorship agreement with LKL Advance Metaltech.... 1370592K ) ] ATS or the “ Company ” ) INCORPORATION of a new OWNED. Georgetown ( Malaysia ) Sdn Systematization, Berhad in the U.S 70.396 % 336 About... And provision of management services to its subsidiaries line with our core business of at systematization berhad glove manufacturing... Sen per Glove syarikat pemegangan pelaburan serta menyediakan perkhidmatan pengurusan kepada anak syarikat forecasts, at systematization berhad glove! Yin Koon Yew Yin Koon Yew Yin 's Blog 4 All information About at Systematization Berhad 's income,!, Selangor ways to expand the business that I would like to recommend is adding! Stake in HLCAP is reduced to 173.8 million shares today were bought at between RM7.71 and per... A comprehensive range of high quality gloves at an efficient low cost customized & tailored to your needs and.! At at systematization berhad glove new plant later refer to the homepage of Pearl Glove ( ). ” he added Company, representing a 0.83 % stake, for RM69.9 million of high quality gloves an...