APPOINTMENT OF TEAMPIXEL SDN BHD, A WHOLLY-OWNED SUBSIDIARY OF WINTONI GROUP BERHAD AS DISTRIBUTION PARTNER OF RUIZHI PLASTICS SDN BHD (11 Nov 2019)

OTHERS APPOINTMENT OF TEAMPIXEL SDN BHD, A WHOLLY-OWNED SUBSIDIARY OF WINTONI GROUP BERHAD AS DISTRIBUTION PARTNER OF RUIZHI PLASTICS SDN BHD

WINTONI GROUP BERHAD

Type: Announcement

Subject: OTHERS

Description: APPOINTMENT OF TEAMPIXEL SDN BHD, A WHOLLY-OWNED SUBSIDIARY OF WINTONI GROUP BERHAD AS DISTRIBUTION PARTNER OF RUIZHI PLASTICS SDN BHD

The Board of Directors of Wintoni Group Berhad (“WINTONI” of “the Company”) wishes to announce that Teampixel Sdn Bhd, a wholly-owned subsidiary of WINTONI, had on 8 November 2019 entered into a Master Distribution Agreement with RUIZHI PLASTICS SDN BHD as its Distribution Partner. The details of the announcement are set out in the attachment below. This announcement is dated 11 November 2019.
Please refer attachment below.

Attachments
Wintoni – Bursa Announcement – Master Distribution Agreement.pdf
120.9 kB

Announcement Info
Company Name WINTONI GROUP BERHAD
Stock Name WINTONI
Date Announced 11 Nov 2019
Category General Announcement for PLC
Reference Number GA1-08112019-00009

WINTONI GROUP BERHAD ACQUISITION OF TEAMPIXEL SDN. BHD (29 Oct 2019)

OTHERS WINTONI GROUP BERHAD (“WINTONI” OR “THE COMPANY”) ACQUISITION OF TEAMPIXEL SDN. BHD (“TSB”)

TYPE : ANNOUNCEMENT

SUBJECT : WINTONI GROUP BERHAD (“WINTONI ” OR “ THE COMPANY”) ACQUISITION OF A SUBSIDIARY IN MALAYSIA

CONTENTS :

1.INTRODUCTION

The Board of Directors of Wintoni Group Berhad (“Wintoni” or “the Company”) wishes to announce that the Company has on 29 October 2019 completed the acquisition of 1 ordinary share in Teampixel Sdn Bhd (“TSB”) representing 100% equity interest in TSB for a cash consideration of RM1.00 (“Acquisition”). Upon completion of the Acquisition, TSB will be a subsidiary of Wintoni.

2.INFORMATION ON SUBSIDIARY

Name of Subsidiary : Teampixel Sdn Bhd [Registration No: 201901024209 (1333538-X)]

Country of Incorporation : Malaysia

Issued Share Capital : RM1

Intended Principal Activities : ICT Software Trading, Consultancy, Sales & Marketing

3.FINANCIAL EFFECTS OF THE ACQUISITION

The Acquisition will not have any material effect on the earnings per share and net assets per share of the Company for the financial year ending 31 December 2019.

There is no impact on the share capital and substantial shareholders’ shareholdings in the Company as the Acquisition is a cash transaction.

4.DIRECTORS’ AND SUBSTANTIAL SHAREHOLDERS’ INTEREST

None of the Directors and/or substantial shareholders of Wintoni and/or persons connected to them have any interest, direct or indirect, in the Acquisition.

Termination of Winding up Order (8 Oct 2019)

News Here

WINDING UP / RECEIVER & MANAGER / RESTRAINING ORDER / SPECIAL ADMINISTRATOR Wintoni Group Berhad (“Winton” or “the Company”) – Termination of Winding up Order

WINTONI GROUP BERHAD

Type: Announcement

Subject: WINDING UP / RECEIVER & MANAGER / RESTRAINING ORDER / SPECIAL ADMINISTRATOR

Description: Wintoni Group Berhad (“Winton” or “the Company”) – Termination of Winding up Order

Further to the Company’s announcement dated 27th September 2019 on the above, the Board of Directors of Wintoni wishes to to announce that the Liquidators has ceased to hold office effectively from 1st October 2019 based on the court order dated 17th September 2019. All the former directors are reinstated with the termination of the Liquidators. Upon receipt of the return of Company’s books by the Liquidators, the company will proceed to provide the update of all statutory reporting requirements, amongst others, the quarterly reports, annual reports and submission of the regularisation plan accordingly. Furthermore, the Company had submitted a letter to Bursa on 4th October 2019 to appeal against delisting and an extension of time for 6 months to submit it’s regularisation plan. This announcement is dated 8th October 2019.

Announcement Info
Company Name WINTONI GROUP BERHAD
Stock Name WINTONI
Date Announced 08 Oct 2019
Category General Announcement for PLC
Reference Number GA1-08102019-00074