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. 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. 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. 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. It has begun preliminary planning for the lines to enable a quick roll-out in the event demand rises even further. 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. SHIB had initially invested RM800 million in PIPO in May 2006. It saw some 61.93 million shares traded. Bhd. 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. The gloves would be mainly distributed to hospitals and healthcare providers, with a targeted volume of up to 2.6 billion pieces per year. 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. AT Systematization’s former glove dipping lines in its production plant in Chemor, Perak. 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. AT SYSTEMATIZATION BERHAD. (Photo by AT Systematization). The group eventually plans to have 20 lines, although the last seven lines will be installed at a new plant later. 2020. • 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. to Shop your household essentials from Shopee Mart! Some ways to expand the business that I would like to recommend is by adding new products or services into their mix. Its revenue grew to RM41.71 million, from RM39.46 million a year earlier. 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 … All information about AT Systematization, Berhad in Georgetown (Malaysia). 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. 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. 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. bhd. BERNAMA, Pertubuhan Berita Nasional Malaysia merupakan Peneraju dalam perkhidmatan berita dan maklumat mempelawa calon warganegara Malaysia yang layak untuk menyertai kami : 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 … About Pearl Glove (Malaysia) Sdn. “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. The Company, through its subsidiaries, designs and manufactures industrial automation systems and … © All rights reserved. Rm 605 divided by 2.6 billion = 23 sen per glove. 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. 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 … kwok_39 Posts: 336 … Aldi Is Selling Festive Cheeses That Look Like A Snowman, Star, And Santa, The return of Thomas Hardy's favourite haunt, the King's Arms, Dorchester – review, A 2021 Mazda CX-30 Joins Our Fleet to See If It Can Win Us Over, Former Google CEO Tells AOC That Billionaires Are No ‘Policy Failure’, Tersilap umum sumber mineral RM43 trilion, MB Kedah perjelas angka sebenar, Spotify Wrapped 2020: Datuk Seri Siti Nurhaliza Wins Malaysian Ears For The Third Consecutive Year, NSAs need to look for new ways to get funds, The Atlantic Appoints Nicholas Thompson as CEO and Expands Board of Directors, The best car and automotive technologies of 2020, Nobu Celebrates Their Last Month In KLCC With A Lavish Wintry Promotion, The Cheesecake Factory Just Brought Back These Beloved Items, My most memorable train ride: 10 readers' travel tips, Microsoft may earn an Affiliate Commission if you purchase something through recommended links in this article. 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. 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. 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. 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”. KUALA LUMPUR (Nov 11): Based on corporate announcements and news flow today, companies that may be in focus tomorrow 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. 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. 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. Permainan kedua: Menggunakan promoter KYY untuk mempromosikan bahawa saham AT adalah berkaitan dengan glove-mania yang kebanyakan syarikat di Bursa Malaysia mahu terlibat. AT Systematization expects glove-making capacity to reach up to 2.6 bil pieces per year by June 2021 Airlines Can Now Ban Animals Other Than Dogs From Flights. AT Systematization Bhd (ATS) has expressed its intention to acquire industrial glovemaker Pearl Glove (M) Sdn Bhd for an undisclosed sum. 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. 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. The shares were disposed of via a private placement but the party or parties involved in the placement exercise were not revealed. A complete range of products and services AT Systematization, Berhad. 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 … Syarikat ini, melalui anak syarikat menyediakan reka bentuk, pengeluaran dan fabrikasi sistem automasi industri, mesin, … 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. at systematization berhad ("ats" or the "company")distributorship agreement between at glove engineering sdn. Comfort Glove’s total issued shares is 583 million 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. Market: ACE Market Sector: INDUSTRIAL PRODUCTS & SERVICES Company Website Annual Report. Bursa Malaysia aims to help investors make informed decisions and facilitate better understanding of our listed companies. AT Systematization Berhad beroperasi sebagai sebuah syarikat pemegangan pelaburan serta menyediakan perkhidmatan pengurusan kepada anak syarikat.