【ZENTECH 0094 交流专区】（前名 INIX）

icy97

Type	Reply to Query
Reply to Bursa Malaysia's Query Letter - Reference ID	IQL-12082020-00002
Subject	LETTER OF INTENT ("LOI")
Description	INIX TECHNOLOGIES HOLDINGS BERHAD ("INIX" OR "THE COMPANIES")Query on Announcement dated 11 August 2020 in respect of the LOI
Query Letter Contents	We refer to your Company’s announcement dated 11 August 2020, in respect of the aforesaid matter. In this connection, kindly furnish Bursa Securities with the following additional information for public release:- 1.       To provide information on Lyglan Properties Sdn Bhd (“LygLan”), including the names of the directors and the shareholders of Lyglan (and their respective shareholdings) and the date of incorporation. 2.       Whether the Company has conducted market valuation of the factory building prior to deriving the purchase consideration, if yes, please provide the name of the independent registered valuer, date and method of valuation.  If no, please provide the basis and justification on how the Company derived the purchase consideration of RM35 million. 3.       A description of the factory building to be acquired from Lyglan:-           (a)     The exact address of the factory building.           (b)     To clarify whether the business of medical rubber gloves production is to be carried out in the factory building, if yes, please clarify whether the factory building has a medical rubber gloves production line that is currently up and running, its current production capacity, current customers and the cost required to commence or reinstate the production. If no, to provide more information on the business that is to be carried out in the factory building.           (a)     the total built-up area.           (b)     the existing use of the factory building.             (c)     the terms of the tenure and if leasehold, the expiry date of the lease.           (d)     The basis of the estimated consideration of RM35 million and how will it be satisfied. Also, to clarify whether the purchase consideration of RM35 million is only for the acquisition of the factory building or includes other assets such as equipment, machineries and/or motor vehicles.  If yes, please provide the breakdown of the other assets and the corresponding amounts. 4.       The sources of funding for Inix Technologies Holdings Berhad’s (“INIX”) total capital and investment outlay in the JV Company and the breakdown. 5.       Whether any details of the medical rubber gloves factory(ies) have been decided. If so, the relevant details pertaining thereto. 6.       The relevant regulatory approvals, permits and/or licenses required to be obtained before INIX can commence the medical rubber gloves manufacturing operation and whether the Company has secured any of these regulatory approvals, permits and/or licences. 7.       A statement that an immediate announcement will be made once the relevant definitive agreement(s) has/have been entered into, and as and when there are any material development. 8.       The markets for the medical rubber gloves to manufactured. 9.       Whether INIX possesses the requisite experience/expertise to manufacture medical rubber gloves. If no, how INIX intends to acquire this experience/expertise. 10.     The expected effects of the proposed medical rubber gloves production on the earnings/profitability of the INIX Group. 11.     The prospects of the medical rubber gloves production business. 12.     The business risks of the medical rubber gloves production business.
We refer to the query by Bursa Securities vide its letter dated 12 Augut 2020 on the above captioned matter. 1. To provide information on Lyglan Properties Sdn Bhd (“LygLan”), including the names of the directors and the shareholders of Lyglan (and their respective shareholdings) and the date of incorporation. No. Name Designation No. of shares/paid up capital 1 Lui Pack Leong Director 390000 2 Ong Kwee Chin Director 3 Arloxavier Lui Zhen Fei Director 10000 400000 2. Whether the Company has conducted market valuation of the factory building prior to deriving the purchase consideration, if yes, please provide the name of the independent registered valuer, date and method of valuation. If no, please provide the basis and justification on how the Company derived the purchase consideration of RM35 million. The value is based on current market value of the said property as per Iproperty.com 4. A description of the factory building to be acquired from Lyglan:- a. The exact address of the factory building. Geran 253363, Lot 43810 (PT6138), Jalan Techvalley 1, Kawasan Perindustrian Techvalley, Mukim Bandar Sri Sendayan, Daerah Seremban, Negeri Sembilan b. To clarify whether the business of medical rubber gloves production is to be carried out in the factory building, if yes, please clarify whether the factory building has a medical rubber gloves production line that is currently up and running, its current production capacity, current customers and the cost required to commence or reinstate the production. If no, to provide more information on the business that is to be carried out in the factory building. The factory will be located in the said premises and the factory will be a startup. a. the total built-up area. Built up: 139,264 sqft Land Area: 217,800 sqft b. the existing use of the factory building. It’s a vacant building c.  the terms of the tenure and if leasehold, the expiry date of the lease. Freehold d. ​The basis of the estimated consideration of RM35 million and how will it be satisfied. A sum of RM550,000 equivalent to 2% of the Purchase Price (“Earnest Deposit”) in which the sum shall be deposited to INIX’s advocates and solicitors as stakeholders was deposited on 11 August 2020 A sum of RM1,820,000 equivalent to 8% of the Purchase Price (“Balance Deposit”) to be paid to LYGLAN within 90 days after entering into Share Sales Agreement (SSA), Shareholder’s Agreement (SA) and Management Agreement (MA) respectively after the approval conditions stated below Balance sum of RM20,475,000 equivalent to 90% of the Purchase Price (“Balance Payment”) in which 80% shall be payable via the issuance of ordinary shares of INIX at the issue price to be determined in due course and 10% payable in cash Also, to clarify whether the purchase consideration of RM35 million is only for the acquisition of the factory building or includes other assets such as equipment, machineries and/or motor vehicles. If yes, please provide the breakdown of the other assets and the corresponding amounts. The RM35 million is solely on the acquisition of the factory building. 4. The sources of funding for Inix Technologies Holdings Berhad’s (“INIX”) total capital and investment outlay in the JV Company and the breakdown. Source of funding is yet to be determined 5.  Whether any details of the medical rubber gloves factory(ies) have been decided. If so, the relevant details pertaining thereto. The Company have not decided on details of medical gloves factory 6. The relevant regulatory approvals, permits and/or licenses required to be obtained before INIX can commence the medical rubber gloves manufacturing operation and whether the Company has secured any of these regulatory approvals, permits and/or licences. Rubber Product Manufacturing Licence ( Malaysian Rubber Board) Rubber Gloves Export Licence (Malaysian Rubber Board) Licensed Manufacturing Warehouse ( Customs and Excise) INIX have not applied for the abovementioned licences. 7. A statement that an immediate announcement will be made once the relevant definitive agreement(s) has/have been entered into, and as and when there are any material development. JV agreement has not been signed. 8. The markets for the medical rubber gloves to manufactured. Our primary target market is the Asia Pacific Market followed by Europe and the Americas as the market research indicates that Asia Pacific market has the highest Compound Annual Growth Rate (CAGR) for disposalable medical gloves market. 9. Whether INIX possesses the requisite experience/expertise to manufacture medical rubber gloves. If no, how INIX intends to acquire this experience/expertise. Our would-be joint venture partner Dato Lui Pack Leong is an engineer with 15 years of experience in the rubber glove industry in relation to building factories, installing machinery, producing packaging, certification and exporting of medical rubber gloves. We have shortlisted some of the potential experienced prospective employee 10. The expected effects of the proposed medical rubber gloves production on the earnings/profitability of the INIX Group. The proposed medical rubber gloves production is expected to have positive effect on the Group’s future earnings. 11. The prospects of the medical rubber gloves production business. Currently Malaysia is the world’s top rubber glove producer, expects to export 225 billion units worth some RM20 billion in 2020, up from 170 billion units valued at RM17.3 billion 2019 With the current pandemic dominating the world, the demand for medical rubber gloves have increased. Therefore, we are of the opinion that with the new “norm” we are expecting the demand for medical rubber gloves would consistent or will increase surely. 12. The business risks of the medical rubber gloves production business. Being the new entrants is that we might not have the reach and network of the supply chain large glove companies have. The cost of entry is high, notwithstanding the other marketing and promotional costs that they need to incur to get their product to the end-customer. This announcement is dated 14 August 2020.

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INIX TECHNOLOGIES HOLDINGS BERHAD

Date of change	17 Aug 2020
Name	MR ZHANG YANG
Age	36
Gender	Male
Nationality	China
Type of change	Redesignation
Previous Position	Managing Director
New Position	Non-Independent Director
Directorate	Non Independent and Non Executive

Date of change	17 Aug 2020
Name	MR SIVA KUMAR A/L KALUGASALAM
Age	50
Gender	Male
Nationality	Malaysia
Designation	Executive Director
Directorate	Executive
Type of change	Appointment

Qualifications

No	Qualifications	Major/Field of Study	Institute/University	Additional Information
1	Masters	Business Administration	University of Wales, Trinity Saint David, London
2	Others	Graduate Diploma in Business & Management	University of the Sunshine Coast, Australia
3	Degree	Bachelor of Business (Accountancy)	University of Technology Sydney, Australia

Working experience and occupation

He was with APFT Berhad since September 2016 and resigned as Chief Executive Officer of APFT Berhad on 31 July 2020.Project Based Consultant from February 2016 until August 2016Head of Finance and Administration of Agreyia Group of Companies from September 2012 until January 2016General Manager, Finance and Administration of Sentinel Security Services Sdn. Bhd. from July 2010 untuk July 2012.

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INIX TECHNOLOGIES HOLDINGS BERHAD

1. Details of Corporate Proposal
Involve issuance of new type/class of securities ?	No
Types of corporate proposal	Exercise of Warrants
Details of corporate proposal	Conversion of Warrants to Ordinary Shares
No. of shares issued under this corporate proposal	24,044,162
Issue price per share ($$)	Malaysian Ringgit (MYR)   0.1000
Par Value($$) (if applicable)
Latest issued share capital after the above corporate proposal in the following
Units	349,268,912
Issued Share Capital ($$)	Malaysian Ringgit (MYR) 24,044,162.000
Listing Date	25 Aug 2020

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INIX TECHNOLOGIES HOLDINGS BERHAD

Information Compiled By KLSE

Particulars of Director

Name	DATUK TAN CHOON HWA
Descriptions(Class)	Ordinary shares

Details of changes

No	Date of change	No of securities	Type of transaction	Nature of Interest
1	25/08/2020	550,000	Acquired	Direct Interest
	Name of registered holder	DATUK TAN CHOON HWA
	Description of "Others" Type of Transaction
	Consideration (if any)
2	25/08/2020	4,548,700	Disposed	Direct and Indirect Interest
	Name of registered holder	DATUK TAN CHOON HWA
	Description of "Others" Type of Transaction
	Consideration (if any)
3	25/08/2020	9,400,000	Disposed	Direct Interest
	Name of registered holder	DATUK TAN CHOON HWA
	Description of "Others" Type of Transaction
	Consideration (if any)
4	27/08/2020	2,000,000	Acquired	Direct Interest
	Name of registered holder	DATUK TAN CHOON HWA
	Description of "Others" Type of Transaction
	Consideration (if any)

Circumstances by reason of which change has occurred	Acquistion and disposal of shares
Nature of interest	Direct Interest

Total no of securities after change
Direct (units)	3,693,000
Direct (%)	1.000
Indirect/deemed interest (units)
Indirect/deemed interest (%)
Date of notice	28/08/2020
Date notice received by Listed Issuer	28/08/2020

icy97

Type	Announcement
Subject	OTHERS
Description	The Article in News Straits Times dated 03 September 2020                 "INIX GAINS ACCESS TO COVID-19 VACCINE
We refer to the above article appearing in News Straits Times dated 03 September 2020 which are reproduced as follows :- a. Inix is also poised to build a medical rubber glove plant in Perak via a joint venture with a state-owned company, said sources. b. The said Inix had secured a supply of the vaccine from an undisclosed hi-tech company. c. An agreement on the deal is expected to be signed within a few weeks. The Management and Board of Directors are in talks with various parties and one of the parties is a Perak State GLC in relation to building a rubber glove factory. As of now the Management and Board of Directors are still in negotiation with parties developing the vaccine and as of todate it is in preliminary stage. The Management and the Board of Directors of INIX Technologies Holdings Berhad would like to reiterate that the abovementioned matters are all in preliminary stage and the Management and Board of Directors of INIX will make the relevant announcement as and when the abovementioned matters materialise. This announcement is dated 4 September 2020.

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INIX TECHNOLOGIES HOLDINGS BERHAD

Particulars of substantial Securities Holder

Name	MR LEE HAN KEAT
Nationality/Country of incorporation	Malaysia
Descriptions (Class)	Ordinary Shares

Details of changes

No	Date of change	No of securities	Type of Transaction	Nature of Interest
1	07 Sep 2020	8,000,000	Disposed	Direct Interest
	Name of registered holder	LEE HAN KEAT
	Description of "Others" Type of Transaction
2	08 Sep 2020	1,000,000	Disposed	Direct Interest
	Name of registered holder	LEE HAN KEAT
	Description of "Others" Type of Transaction
3	09 Sep 2020	1,000,000	Acquired	Direct Interest
	Name of registered holder	LEE HAN KEAT
	Description of "Others" Type of Transaction
4	10 Sep 2020	2,300,000	Acquired	Direct Interest
	Name of registered holder	LEE HAN KEAT
	Description of "Others" Type of Transaction

Circumstances by reason of which change has occurred	Acquisition and Disposal of Shares
Nature of interest	Direct Interest
Direct (units)	19,799,875
Direct (%)	5.434
Indirect/deemed interest (units)
Indirect/deemed interest (%)
Total no of securities after change	19,799,875
Date of notice	10 Sep 2020
Date notice received by Listed Issuer	10 Sep 2020

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INIX TECHNOLOGIES HOLDINGS BERHAD

Date of change	24 Sep 2020
Name	MR LEE HAN KEAT
Age	42
Gender	Male
Nationality	Malaysia
Designation	Executive Director
Directorate	Executive
Type of change	Resignation
Reason	To pursue other personal interests

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SUMMARY OF KEY FINANCIAL INFORMATION 31 Jul 2020

		INDIVIDUAL PERIOD		CUMULATIVE PERIOD
		CURRENT YEAR QUARTER	PRECEDING YEAR CORRESPONDING QUARTER	CURRENT YEAR TO DATE	PRECEDING YEAR CORRESPONDING PERIOD
		31 Jul 2020	31 Jul 2019	31 Jul 2020	31 Jul 2019
		$$'000	$$'000	$$'000	$$'000

1	Revenue	629	1,391	1,259	1,161
2	Profit/(loss) before tax	55	-4,075	-439	-1,077
3	Profit/(loss) for the period	55	-4,075	-439	-1,077
4	Profit/(loss) attributable to ordinary equity holders of the parent	216	-3,986	-304	-752
5	Basic earnings/(loss) per share (Subunit)	-0.10	-2.09	-0.10	-2.09
6	Proposed/Declared dividend per share (Subunit)	0.00	0.00	0.00	0.00
		AS AT END OF CURRENT QUARTER		AS AT PRECEDING FINANCIAL YEAR END
7	Net assets per share attributable to ordinary equity holders of the parent ($$)	0.0777		0.0860

icy97

Type	Announcement
Subject	OTHERS
Description	INIX TECHNOLOGIES HOLDING BERHAD (INIX OR COMPANY)STRATEGIC PARTNERSHIP AGEEMENT AND SUPPLY AGREEMENT
INIX TECHNOLOGIES HOLDING BERHAD (“INIX” OR “COMPANY”) STRATEGIC PARTNERSHIP AGEEMENT AND SUPPLY AGREEMENT INTRODUCTION The Board of Directors of INIX (“Board”) wishes to announce that the Company has on 29 September 2020 entered into a Strategic Partnership Agreement and Supply Agreement (“the Agreements”) with Dura Manufacturing Sdn. Bhd. (Registration No.: 201201025937) (“DURIA”) to venture into the lucrative durian industry. The Company and DURIA are each referred to as the “Party” and collectively referred to as the “Parties”. 2. BACKGROUND INFORMATION ON DURIA Since 2005, Duria has been in operation and created history for durian industry in Malaysia. The company has received full support from the Ministry of Agriculture of Malaysia. In 2015, it also won the signing of the durian project in the North Malaysia Economic Corridor, with the investment of RM15 million Kamunting, Perak to build the largest durian factory, a 4,000-square-meter production. The Duria factory has 20 production lines that can produce 80 tons of fresh durian fruits per day. There is an unloading area outside the factory that can store up to 100 tons of fresh fruits. A cold storage area that can store 400 tons of fresh fruits is also incorporated into the factory. Duria has the largest and fastest production technology and production capacity for durian mooncakes. In 2017, it reached a production capacity of 200,000 boxes of durian mooncakes. Fully automatic packaging equipment, as well as semi-automatic durian puree production equipment and semi-automatic durian pulp production. Duria also produces durian mousse and ice-cream. In 2012, Duria Durian Foods produced King Durian Snowy Mooncakes, which shocked the entire market. In addition, it broke through the traditional rectangular tin box packaging design, and the generous and decent supporting design was greatly welcomed by the market. In 2017, the company made a breakthrough again and launched the "Seven Stars with the Moon;" which is a durian moon cake. Changes with innovative design resulted a "Moonlight Treasure Box" which was well received. In addition, the company also pioneered bamboo charcoal durian snowy mooncakes, and also made Malaysian white coffee durian snowy mooncakes, pandan durian snowy mooncakes, mango durian snowy mooncakes, strawberry cheese snowy mooncakes, and blueberry cheese ice. Skin moon cakes. Since 2012, Duria Original Durian Snow Skin Mooncake has won the sales champion for 6 consecutive years. In 2017, the company launched "A Journey to the West; "Moonlight Treasure Box", with sales exceeding 200,000 boxes. In addition, the limited edition "Seven Stars with the Moon" is the first choice for countless local tyrants to make high-end gifts. As at 29 September 2020, Duria has an issued share capital of RM2,500,000 comprising 2,500,000 ordinary shares. The directors of Duria are Mr. Wong Mei Siew, Mr. Wong Chee Teng, Mr. Wong Woei Ming and Mr. Tan Sin Su. 3. SALIENT TERMS OF THE AGREEMENTS INIX will been appointed to secure the supply chain for Duria for 5,000 metric ton of nitrogen frozen Musang King durian, 2,000 metric ton of durian paste and 1,000 metric ton of Musang King pulp over next 5 years. In return, Duria would be able roll out its upstream vertical integration campaign. In order to carry out the operation of purchasing, collecting and carrying out these primary processes, INIX and Duria propose to start 3 new primary processing plant with advance technology the first will be located in Perak and the remaining two location will be determined at a later date. 4. RATIONALE OF THE AGREEMENT With the vision of the huge potential global market for next 20 years, Duria developed an innovative refrigerated fresh durian pastry, the Musang King mooncake to cope with the global demand. The creative delicate snowy skin mooncake is stuffed with 100% fresh Musang King durian while preserving the rich natural delicacy of unique aroma of Musang King durian. In 2019, the sales volume of Musang King lotus snowy mooncakes exceeded 300,000 boxes to China alone. 5. FINANCIAL EFFECTS The Agreements is not expected to have any material effects on issued share capital and substantial shareholders’ shareholdings of the Company, the net assets, gearing, the earnings and earnings per share of the INIX group. 6. INTERESTS OF DIRECTORS, MAJOR SHAREHOLDERS AND/OR PERSONS CONNECTED WITH THEM None of the directors, major shareholders of INIX and/or persons connected with them have any interest, direct or indirect, in the Agreements. 7. DIRECTORS’ STATEMENT The Board, after taking into consideration all aspects of the Agreements, is of the opinion that the Agreement is in the best interest of the Company. 8. APPROVAL REQUIRED The execution of the Agreements does not require the approval of the shareholders of the Company or any regulatory authorities. 9. PRINCIPAL ADVISER To Be Adviced 10. DOCUMENT AVAILABLE FOR INSPECTION A copy of the Agreement is available for inspection at the registered office of INIX at LOT 3-40 & 3-41, UNIT EAST WING, TECHNO CAMPUS, LEVEL 3, VIVA SHOPPING MALL, NO.85 JALAN LOKE YEW, 55200 KUALA LUMPUR, MALAYSIA during normal office hours (except for Saturday, Sunday and public holidays) for a period of 3 months from the date of this announcement. This announcement is dated 29 September 2020.

Type	Announcement
Subject	OTHERS
Description	Press Release - DURIA EXPANDING OPERATION VIA INIX
We are pleased to attach herewith a press relase dated 29 September 2020 entitled "Duria Expanding Operation via Inix". This announcement is dated 29 September 2020.

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3092049

Attachments Press Release Final Version 29092020.pdf

icy97

Type	Reply to Query
Reply to Bursa Malaysia's Query Letter - Reference ID	IQL-30092020-00003
Subject	STRATEGIC PARTNERSHIP AGREEMENT AND SUPPLY AGREEMENT (PARTNERSHIP)
Description	INIX TECHNOLOGIES HOLDINGS BERHAD ('INIX" OR "THE COMPANY")Query on Announcement dated 29 September 2020: "Strategic Partnership Agreement and Supply Agreement (Partnership)"
Query Letter Contents	We refer to your Company’s announcement dated 29 September 2020, in respect of the aforesaid matter. In this connection, kindly furnish Bursa Securities with the following additional information for public release:- 1.       The date of signing of the durian project in the North Malaysia Economic Corridor. 2.       The date of commencement of operations of the durian factory in Kamunting, Perak. 3.       The current status of the processing plant identified to be built in Perak and when is the expected commencement date for the operations 4.       The parties from whom Inix Technologies Holdings Berhad (“Inix”) will source for Duria the 5,000 metric ton of nitrogen frozen Musang King durian, 2,000 metric ton of durian paste and 1,000 metric ton of Musang King pulp (“Sourced Products”) over next 5 years, including the commencement and completion dates. 5.       The types of products to be processed by the 3 new primary processing plants and the market for these products. 6.       The estimated production capacity of the 3 new primary processing plants, the estimated cost of setting up the 3 new primary processing plants, the parties that will bear the cost, and the proportion in which this will be shared amongst the Parties, the sources of funding and the breakdown. 7.       Whether any joint venture corporation (“JV Co.”) will be set-up and if yes, the name of JV Co; the equity interest be held by the respective Parties and the terms of cost and profit sharing. 8.       The total capital and investment outlay by Inix in the Partnership/JV Co and the breakdown. 9.       Whether INIX possesses the requisite experience/expertise to venture into the production of durian products. If no, how INIX intends to acquire this experience/expertise. 10.     To elaborate further on INIX’s role in securing the Sourced Products for Duria, including the total cost outlay to finance the supply chain establishment and the source of funding for Inix. 11.     The prospects of the Partnership. 12.     The business risks of the Partnership.
We refer to the query by Bursa Securities vide its letter dated 30 September 2020 on the above captioned matter. The date of signing of the durian project in the North Malaysia Economic Corridor. Duria Manufacturing Sdn. Bhd. signed the said agreement for durian project in North Malaysia Economic Corridor in 2014 2. The date of commencement of operations of the durian factory in Kamunting, Perak. We have identified the location and commencement is estimated within the next 6 to 12 months from 1 January 2021. 3. The current status of the processing plant identified to be built in Perak and when is the expected commencement date for the operations The processing is expected to commence Its operation with the next 6 to 12 months. 4. The parties from whom Inix Technologies Holdings Berhad (“Inix”) will source for Duria the 5,000 metric ton of nitrogen frozen Musang King durian, 2,000 metric ton of durian paste and 1,000 metric ton of Musang King pulp (“Sourced Products”) over next 5 years, including the commencement and completion dates. INIX will be sourcing these products from small holders in Perak, Pahang and Johor. The commence is expected in the next 6 to 12 months. Completion date five years from commencement date. 5. The types of products to be processed by the 3 new primary processing plants and the market for these products. Musang King Durian, Durian Paste Musang King Pulp These products will be supplied to Duria Manufacturing Sdn. Bhd. ‘s for its secondary plant. 6. The estimated production capacity of the 3 new primary processing plants, the estimated cost of setting up the 3 new primary processing plants, the parties that will bear the cost, and the proportion in which this will be shared amongst the Parties, the sources of funding and the breakdown. Both Inix and Duria are planning to start up one factory in Perak . The expected capacity of the first factory is 900 per tonnes per annum. The capacity of the subsequent plants will be determined at a later date. Inix and Duria will bear the costs on a ratio of 60:40. The sources of funding and the estimated cost will be determined at a later 7. Whether any joint venture corporation (“JV Co.”) will be set-up and if yes, the name of JV Co; the equity interest be held by the respective Parties and the terms of cost and profit sharing. Yes, a JV entity will be set up and we are in the midst of finalising the name of the JV entity. Based on preliminary discussion the understanding between both parties are 60:40 for both equity and profit sharing which is subject to changes. Announcement on the JV company will be announced in due course after the finalisation and signing of the JV agreement. 8. The total capital and investment outlay by Inix in the Partnership/JV Co and the breakdown. The both parties and their respective consultants and solicitors are finalising the investments outlay. Announcement on the JV company will be announced in due course after the finalisation and signing of the JV agreement. 9. Whether INIX possesses the requisite experience/expertise to venture into the production of durian products. If no, how INIX intends to acquire this experience/expertise. The day to day operations of the plant will be undertaken by the Duria Manufacturing Sdn Bhd as they have the expertise as this part of the core understanding between both parties. 10. To elaborate further on INIX’s role in securing the Sourced Products for Duria, including the total cost outlay to finance the supply chain establishment and the source of funding for Inix. INIX, will be sourcing the durians from small holders who are located in Peninsula Malaysia. The management of INIX is working with its consultants on the most effective and efficient way of managing the supply chain strategy. We are in the midst of finalising the total cost outlay for the project and are in discussion with various parties involved such as the small holders, logistics companies and Duria. We will be determining the sources of funding once we have completed our negotiation with tall the parties involved. 11. The prospects of the Partnership The preliminary study and costing indicate its lucrative business due to high demand for the durian. The demand for come in the form of the durian fruit and secondly durian-based end products. 12. The business risks of the Partnership. The major business risk we foresee is predominantly is on consistency of the supply of durian as the product is seasonal. Therefore, our investment in sophisticated freezing machine would essential in this endeavour.

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Notice of Person Ceasing (Section 139 of CA 2016)

INIX TECHNOLOGIES HOLDINGS BERHAD

Particulars of Substantial Securities Holder

Name	TAN MEI TENG
Nationality/Country of incorporation	Malaysia
Descriptions (Class)	Ordinary Shares
Name of registered holder	TAN MEI TENG
Date of cessation	02 Oct 2020

No of securities disposed	20,200,000
Circumstances by reason of which a person ceases to be a substantial shareholder	Disposal of shares through open market
Nature of interest	Direct Interest
Date of notice	02 Oct 2020
Date notice received by Listed Issuer	05 Oct 2020

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Expiry/Maturity of the securities

INIX TECHNOLOGIES HOLDINGS BERHAD

Instrument Category	Securities of PLC
Instrument Type	Warrants
Type Of Expiry	Expiry/Maturity of the securities
Mode of Satisfaction of Exercise/Conversion price	Cash
Exercise/ Strike/ Conversion Price	Malaysian Ringgit (MYR) 0.1000
Exercise/ Conversion Ratio	1:1
Settlement Type / Convertible into	Cash
Last Date & Time of Trading	28 Oct 2020 05:00 PM
Date & Time of Suspension	30 Oct 2020 09:00 AM
Last Date & Time for Transfer into Depositor's CDS a/c	09 Nov 2020 04:30 PM
Date & Time of Expiry	16 Nov 2020 05:00 PM
Date & Time for Delisting	17 Nov 2020 09:00 AM

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3096437

Attachments NoticeOfWarrants-Booklet.pdf

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INIX TECHNOLOGIES HOLDINGS BERHAD

1. Details of Corporate Proposal
Involve issuance of new type/class of securities ?	No
Types of corporate proposal	Exercise of Warrants
Details of corporate proposal	Conversion of warrants to ordinary shares
No. of shares issued under this corporate proposal	8,052,800
Issue price per share ($$)	Malaysian Ringgit (MYR)   0.1000
Par Value($$) (if applicable)
Latest issued share capital after the above corporate proposal in the following
Units	380,643,112
Issued Share Capital ($$)	Malaysian Ringgit (MYR) 50,455,070.000
Listing Date	27 Oct 2020

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INIX TECHNOLOGIES HOLDINGS BERHAD

1. Details of Corporate Proposal
Involve issuance of new type/class of securities ?	No
Types of corporate proposal	ESOS
Details of corporate proposal	Shares Issuance Scheme
No. of shares issued under this corporate proposal	22,301,000
Issue price per share ($$)	Malaysian Ringgit (MYR)   0.2061
Par Value($$) (if applicable)
Latest issued share capital after the above corporate proposal in the following
Units	402,944,112
Issued Share Capital ($$)	Malaysian Ringgit (MYR) 55,051,306.000
Listing Date	28 Oct 2020

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Notice of Interest Sub. S-hldr (Section 137 of CA 2016)

INIX TECHNOLOGIES HOLDINGS BERHAD

Particulars of Substantial Securities Holder

Name	TAN MEI TENG
Nationality/Country of incorporation	Malaysia
Descriptions (Class)	Ordinary Shares
Name of registered holder	TAN MEI TENG

Date interest acquired & no of securities acquired
Date interest acquired	26 Oct 2020
No of securities	22,301,000
Circumstances by reason of which Securities Holder has interest	Shares Issuance Scheme
Nature of interest	Direct Interest
Total no of securities after change
Direct (units)	22,301,000
Direct (%)	5.534
Indirect/deemed interest (units)
Indirect/deemed interest (%)
Date of notice	28 Oct 2020
Date notice received by Listed Issuer	28 Oct 2020

INIX TECHNOLOGIES HOLDINGS BERHAD

1. Details of Corporate Proposal
Involve issuance of new type/class of securities ?	No
Types of corporate proposal	Exercise of Warrants
Details of corporate proposal	Conversion of warrants to ordinary shares
No. of shares issued under this corporate proposal	6,249,303
Issue price per share ($$)	Malaysian Ringgit (MYR)   0.1000
Par Value($$) (if applicable)
Latest issued share capital after the above corporate proposal in the following
Units	417,471,008
Issued Share Capital ($$)	Malaysian Ringgit (MYR) 56,503,995.600
Listing Date	10 Nov 2020

INIX TECHNOLOGIES HOLDINGS BERHAD

1. Details of Corporate Proposal
Involve issuance of new type/class of securities ?	No
Types of corporate proposal	Exercise of Warrants
Details of corporate proposal	Conversion of warrants to ordinary shares
No. of shares issued under this corporate proposal	13,372,287
Issue price per share ($$)	Malaysian Ringgit (MYR)   0.1000
Par Value($$) (if applicable)
Latest issued share capital after the above corporate proposal in the following
Units	430,843,295
Issued Share Capital ($$)	Malaysian Ringgit (MYR) 57,841,224.300
Listing Date	13 Nov 2020

INIX TECHNOLOGIES HOLDINGS BERHAD

1. Details of Corporate Proposal
Involve issuance of new type/class of securities ?	No
Types of corporate proposal	Exercise of Warrants
Details of corporate proposal	Conversion of warrants to Ordinary Shares
No. of shares issued under this corporate proposal	9,349,475
Issue price per share ($$)	Malaysian Ringgit (MYR)   0.1000
Par Value($$) (if applicable)
Latest issued share capital after the above corporate proposal in the following
Units	444,591,720
Issued Share Capital ($$)	Malaysian Ringgit (MYR) 59,216,066.800
Listing Date	24 Nov 2020

INIX TECHNOLOGIES HOLDINGS BERHAD

1. Details of Corporate Proposal
Involve issuance of new type/class of securities ?	No
Types of corporate proposal	ESOS
Details of corporate proposal	Shares Issuance Scheme
No. of shares issued under this corporate proposal	21,601,000
Issue price per share ($$)	Malaysian Ringgit (MYR)   0.2417
Par Value($$) (if applicable)
Latest issued share capital after the above corporate proposal in the following
Units	466,603,720
Issued Share Capital ($$)	Malaysian Ringgit (MYR) 64,478,128.510
Listing Date	02 Dec 2020

INIX TECHNOLOGIES HOLDINGS BERHAD

Date of change	02 Dec 2020
Name	TAN SRI DATO' MOHAMAD FUZI BIN HARUN
Age	61
Gender	Male
Nationality	Malaysia
Designation	Chairman
Directorate	Independent and Non Executive
Type of change	Appointment

Qualifications

No	Qualifications	Major/Field of Study	Institute/University	Additional Information
1	Degree	Bachelor of Arts (Hons)	University of Malaya
2	Masters	Master of Anthropology and Sociology	University of Kebangsaan Malaysia
3	Others	Advance Management and Leadership Programmes	SAID Business School, Oxford University, United Kingdom

Working experience and occupation

Tan Sri Dato' Sri Mohamad Fuzi Bin Harun is a retired Inspector-General of the Royal Malaysia Police (IGP) who had served the Police Force for 35 years. He joined the Royal Malaysia Police in 1984. After completion of the basic police trainings, he was attached to the Special Branch Department from 1986 to 2014 and served in various capacities, including Deputy Director of the Special Branch and Director of Special Task Force on operation and counter terrorism. He had also served as the Director of the Management Department for more than a year and was subsequently promoted as the Director of the Special Branch in July 2015. In September 2017, he was further promoted as the IGP, the highest-ranking position in the Royal Malaysia Police, until his retirement in May 2019.  Currently, he is an Independent Non-Executive Director of Jaya Tiasa Holdings Bhd and Tropicana Corporation Berhad and holds directorships in several private limited companies.

Directorships in public companies and listed issuers (if any)

Jaya Tiasa Holdings BerhadTropicana Corporation Berhad

Date of change	02 Dec 2020
Name	MR WAN KUOK KOI
Age	65
Gender	Male
Nationality	China
Designation	Chairman
Directorate	Independent and Non Executive
Type of change	Resignation
Reason	To pursue other personal interests

Type	Announcement
Subject	OTHERS
Description	MEMORANDUM OF AGREEMENT
INTRODUCTION 1. The Board of Directors of INIX wish to announce that the Company had on 4 December 2020 entered into Memorandum of Agreement with L & S Gloves Sdn. Bhd. (Reg. No. 201901017337 (1326665-M) (hereinafter referred as “LSG”) on the sale and purchase of Fifty One percent (51%) shares in the issued share capital of LSG together with the existing factory inclusive of 2 existing rubber glove production line. 2. Memorandum of Agreement with LSG 2.1. Salient terms of the Memorandum of Agreement The sale, purchase and transfer of the Sale Shares as contemplated herein are conditional upon the following: i. The Vendor should not dispose their 49% shareholding during first three (3) years after the completion of the SSA. ii. The Vendor should ensure that the Factory and two rubber glove production line is fully operational and are free from any encumbrances. iii. The Vendor shall ensure that the Company is free from any debts and encumbrances, the Company should be debt free. iv. The Vendor shall at the time of signing of the definite agreement ensure that aren’t any legal proceedings against the Company. v. The Vendor shall promptly within seven (7) workings days from the date of this Memorandum of Agreement provide and  furnish Buyer’s Solicitors all the relevant information, data and all documents of Vendor including but not limited to copies of   document of title, sale and purchase agreements, tenancy agreement, audited accounts, management accounts, balance sheet, profit and loss accounts, stocks and inventory records and all other financial records, ledgers and statements of whatsoever in relation to the Business. vi. Vendor shall give unrestricted access to  Buyer’s Solicitors and/or its authorised personnel to carry out the legal due diligence (“LDD”) upon signing of this Memorandum of Agreement; 3. Information on LMSB 3.1. LSG is a private limited company incorporated in Malaysia on 14th May 2019 under the Companies Act, 2016 ("the Act"). The issued and fully paid-up share capital of LMSB is RM650,000/- comprising of 650,000 ordinary shares. Details of shareholders and directors of LSG are as follows:- i. Shareholders                                                                             Shareholding a) Xie, Xiaohua (Passport No: E13577155)                                            195,000 b) Teo Yoek Leong (NRIC No: 540605-05-5280)                                     195,000 c) Teo Xiong Sheng (NRIC No: 870304-05-5457)                                    260,000 ii. Directors a) Teo Xiong Sheng (NRIC No: 870304-05-5457) b) Teo Yoek Leong (NRIC No: 540605-05-5280) 3.2. Principal Business LSG is principally involved in production of rubber glove at a factory located at No.37, PT13, Jalan Perusahaan 4, Kawasan Perindustrian Beranang, Beranang, Selangor. 3.3. Details of the Factory The details of the factory are as follows:- Name of Company   : L & S Gloves Sdn. Bhd. Registration No        : 201901017337 (1326665-M) Business Address    : No.37, PT 13, Jalan Perusahaan 4,                                  Kawasan Perindustrian Beranang,                                 43700 Beranang, Selangor. Tel No                      : 014-6926151 4. Rationale of the MOA INIX Board of Directors are in the opinion that , this MOA is the fastest was to venture into the glove manufacturing industry. This would in return give INIX an access to the lucrative glove industry which would give INIX a new stream for revenue generation. 5. Financial Effects The Financial effects of the proposal can only be determined upon signing of definitive agreements. 6. Interest of Directors', Major Shareholders' and/or persons connected to them. None of the directors of INIX and/or persons connected to them have any interest, direct or indirect, in the MOAs. None of the major shareholders of INIX and/or persons connected to them have any interest, direct or indirect, in the MOUs. 7. Director's Statement The Board having taken into consideration all aspects of the MOA is of the opinion that the MOA is  in the best interest of NWP. 8. Approvals Required The execution of the MOA does not require the approval of shareholders of the Company or any relevant government authorities. 9. Documents available for inspection The MOAs are available for inspection at the registered office of INIX at at Lot 3-40- & 3-41-Unit East Wing, Techno Campus, Level 3, Viva Shopping Mall, No.85 Jalan Loke Yew, 55200 Kuala Lumpur, Wilayah Persekutuan during office hours from Monday to Fridays for a period of three (3) months from the date of this announcement. A detailed announcement on the Proposal will be made upon finalisation of the terms and conditions and execution of the definitive agreements. This announcement is dated 4th December 2020.

INIX TECHNOLOGIES HOLDINGS BERHAD

Date of change	07 Dec 2020
Name	TAN SRI DATO' MOHAMAD FUZI BIN HARUN
Age	61
Gender	Male
Nationality	Malaysia
Designation	Chairman
Directorate	Independent and Non Executive
Type of change	Resignation
Reason	To spend more time on personal interest and on-going businesses.

Date of change	07 Dec 2020
Name	TAN SRI SYED MOHD YUSOF BIN TUN SYED NASIR
Age	73
Gender	Male
Nationality	Malaysia
Designation	Chairman
Directorate	Independent and Non Executive
Type of change	Appointment

Qualifications

No	Qualifications	Major/Field of Study	Institute/University	Additional Information
1	Degree	Bachelor of Economics majoring in Accountancy	University of Tasmania, Australia.

Working experience and occupation

Tan Sri Syed Mohd Yusof Bin Tun Syed Nasir started his career with Petronas. He served in various positions there, rising to Head of Northern Region before leaving Petronas to venture into business. He was formerly the Chairman of Southern Bank Berhad, Killinghall (Malaysia) Bhd and YLI Holdings Berhad, a former Director of Southern Finance Berhad and AM Trustee Berhad. Currently, he is Non-Independent Non-Executive Director of Titijaya Land  Berhad. He also sits on the Board of several private limited companies.Tan Sri Syed Mohd Yusof Bin Tun Syed Nasir has accumulated vast experience in diverse areas such as property development, construction, media, entertainment, hotel management and hospitality, food and beverage, banking and information technology.

Directorships in public companies and listed issuers (if any)

Titijaya Land Berhad

icy97

Type	Announcement
Subject	OTHERS
Description	MEMORANDUM OF AGREEMENT
INTRODUCTION The Board of Directors of INIX wish to announce that the Company had on 8 December 2020 entered into Memorandum of Agreement with World Glove International Group Sdn. Bhd. [Company No: 202001014202 (1370522-M)] (hereinafter referred as “WGIG”) on the sale and purchase of Fifty One percent (51%) shares in the issued share capital of WGIG. 2. Memorandum of Agreement with WGIG 2.1 Salient terms of the Memorandum of Agreement i. The sale, purchase and transfer of the Sale Shares as contemplated herein are conditional upon the following: ii. The Vendor has not prior to the date of this Agreement in any way departed from the ordinary course of its day to day business either as regards the nature, scope or manner of conducting the same. iii. The Vendor should not dispose their 49% shareholding during first six (6) years after the completion of the SSA. iv. The Vendor should ensure that the Company is fully operational v. The Vendor shall ensure that the Company is free from any debts and encumbrances, the Company should be debt free. vi. The Vendor shall at the time of signing of the definite agreement ensure that aren’t any legal proceedings against the Company. vii. The Vendor shall promptly within seven (7) workings days from the date of this Memorandum of Agreement provide and furnish Buyer’s Solicitors all the relevant information, data and all documents of Vendor including but not limited to copies of document of title, sale and purchase agreements, tenancy agreement, audited accounts, management accounts, balance sheet, profit and loss accounts, stocks and inventory records and all other financial records, ledgers and statements of whatsoever in relation to the Business. viii. Vendor shall give unrestricted access to Buyer’s Solicitors and/or its authorised personnel to carry out the legal due diligence (“LDD”) upon signing of this Memorandum of Agreement; viii. All necessary licences, consents, permissions, permits and authorities (public and private) have been obtained by the Company to enable the Company to carry on its business effectively in the places and in the manner in which its business is now carried on and all such licences, consents, permissions and permits are valid and subsisting FOR AT LEAST 6 MONTHS from the Unconditional Date and the Vendors know of no reason why any of them should be suspended, cancelled or revoked. 3. Information on WGIG 3.1 World Glove International Group Sdn. Bhd. [Company No: 202001014202 (1370522-M)] is a private company incorporated in Malaysia and having its registered address at Suite 21.02, Level 21, Centrepoint South, Mid Valley City, Lingkaran Syed Putra, 59200 Kuala Lumpur is principally engaged in the business of export and import of rubber gloves (“Vendor”) 3.2 The issued and fully paid-up share capital of WGIG is RM1,000,000 /- comprising of 1,000,000 ordinary shares. Details of shareholders and directors of WGIG are as follows:- i. Shareholders                                                 Shareholding a) Goh Poh Seng (NRIC: 800201-14-5253)         1,000,000 ii. Directors a) ) Goh Poh Seng (NRIC: 800201-14-5253) ​3.3 Pricipal Business WGIG is principally involved in business of export and import of rubber gloves. 4. Rationale of the MOA The rationale of the Memorandum of Agreement is to pave the way for INIX to be involve in growing business in the supply and distribution high quality of latex and nitriles gloves locally and internationally.. 5. Financial Effects The execution of the share sale agreement is not expected to have any material effect on the earnings, net assets and gearing of INIX for the current financial year ending 31 January 2021. Nonetheless, INIX expects a positive contribution to its earnings in the future should the share sale agreement be finalised and successfully completed. 6. Interest of Directors', Major Shareholders' and/or persons connected to them. None of the directors of INIX and/or persons connected to them have any interest, direct or indirect, in the MOAs. None of the major shareholders of INIX and/or persons connected to them have any interest, direct or indirect, in the MOUs. 7. Director's Statement The Board having taken into consideration all aspects of the MOA is of the opinion that the MOA is in the best interest of INIX. 8. Approvals Required The execution of the MOA does not require the approval of shareholders of the Company or any relevant government authorities. 9. Documents available for inspection The MOAs are available for inspection at the registered office of INIX at at Lot 3-40- & 3-41-Unit East Wing, Techno Campus, Level 3, Viva Shopping Mall, No.85 Jalan Loke Yew, 55200 Kuala Lumpur, Wilayah Persekutuan during office hours from Monday to Fridays for a period of three (3) months from the date of this announcement. A detailed announcement on the Proposal will be made upon finalisation of the terms and conditions and execution of the definitive agreements This announcement is dated 08 December 2020

Type	Announcement
Subject	OTHERS
Description	Press Release- "Inix becomes an International Glove Supplier under the leadership of Tan Sri Jojo"
We are pleased to attach herewith a press release dated 08 December 2020 entitled "Inix becomes an International Glove Supplier under the leadership of Tan Sri Jojo" This announcement is dated 08 December 2020.

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3112117

Attachments inx press release 08 dec 2020.pdf

Type	Reply to Query
Reply to Bursa Malaysia's Query Letter - Reference ID	IQL-09122020-00001
Subject	MEMORANDUM OF AGREEMENT WITH WORLD GLOVE INTERNATIONAL GROUP SDN BHD (WGIG) (MOA)
Description	INIX TECHNOLOGIES HOLDINGS BERHAD ("INIX"OR "THE COMPANY")Query on Announcement dated 08 December 2020 : "Memorandum of Agreement with World Glove International Group Sdn. Bhd. (WGIG) ("MOA").
Query Letter Contents	We refer to your Company’s announcement and press release dated 8 December 2020, in respect of the aforesaid matter. In this connection, kindly furnish Bursa Securities with the following additional information for public release:- 1.       The tenure of the MOA. 2.       The purchase consideration of the 51% equity interest in WGIG and the basis thereof. 3.       The breakdown of the purchase consideration to be paid in cash and issuance of new shares in Inix respectively; the number of new Inix shares to be issued, the issue price and basis thereof. 4.       The sources of funding for the cash portion of the purchase consideration, and the breakdown thereof. 5.       The date of incorporation and the date of commencement of business/operation of WGIG. 6.       A description of the factory building owed by WGIG, approximate area, and the approximate age of the building. 7.       The production capacity and production output of the latex glove and nitrile gloves. 8.       The business risks or exposure in relation to the MOA. 9.       The prospects of WGIG. 10.     Based on the above announcements, we noted the following discrepancies between the information provided in the MOA and the press release and would like the Company to provide clarification, as listed below:           (i)      Whether WGIG as disclosed in the announcement is the same company as WGI Group as disclosed in the press release.           (ii)     Full list of Directors of WGIG, as it is different than the information provided in the press release           (iii)    To clarify the principal activities of WGIG, as it is different than the information provided in the press release.
1. The tenure of the MOA. One (1) year from the date of signing of the MOA 2. The purchase consideration of the 51% equity interest in WGIG and the basis thereof. The purchase consideration is being finalised. 3. The breakdown of the purchase consideration to be paid in cash and issuance of new shares in Inix respectively; The breakdown of the portion of the purchase consideration to be paid in cash and issuance of new shares is yet to be determined. The number of new Inix shares to be issued, the issue price and basis thereof The number of new Inix shares to be issued, the issue price and basis thereof is yet to be determined. 4. The sources of funding for the cash portion of the purchase consideration, and the breakdown thereof. The sources of funding for the cash portion of the purchase consideration is yet to be determined. 5. The date of incorporation and the date of commencement of business/operation of WGIG.      (i) Date of Incorporation: 15 June 2020      (ii) Commencement Date: 17 June 2020 6. A description of the factory building owed by WGIG, approximate area, and the approximate age of the building. In 2nd paragraph of the press released announce on 8th December 2020 which state “The WGI Group factory is located in Petaling Jaya, Selangor.” Should be read as “The WGI Group is located in Petaling Jaya, Selangor.” WGIG does not own any factory as the Company is glove distributor not a manufacturer. 7. The production capacity and production output of the latex glove and nitrile gloves. In 2nd paragraph of the press released announce on 8th December 2020 which state “The latex gloves and nitrile gloves produced are sold to the United States, Europe, the Middle East, India, Japan, and South Korea.” Should be read as “The WGIG’s latex gloves and nitrile gloves are sold to the United States, Europe, the Middle East, India, Japan, and South Korea.” WGIG does not own any factory as the Company is glove distributor not a manufacturer. 8. The business risks or exposure in relation to the MOA. There is no business risk. 9. The prospects of WGIG. WGIG who is currently operating as a Distibutor/ Exporter partners various glove manufacturer in the Country therefore WGIG has worldwide marketing network to distribute the gloves. 10. Based on the above announcements, we noted the following discrepancies between the information provided in the MOA and the press release and would like the Company to provide clarification, as listed below:      (i) Whether WGIG as disclosed in the announcement is the same company as WGI Group as disclosed in the press release.      WGIG and WGI Group is the same entity.      (ii) Full list of Directors of WGIG, as it is different than the information provided in the press release There is only one Director, the others who are mentioned in the press release are persons who are involved in the day to day operations of WGIG. 11. To clarify the principal activities of WGIG, as it is different than the information provided in the press release The press release contains an error, WGIG is not involved in manufacturing of latex gloves.

Type	Reply to Query
Reply to Bursa Malaysia's Query Letter - Reference ID	IQL-08122020-00001
Subject	MEMORANDUM OF AGREEMENT WITH L & S GLOVES SDN BHD (LSG) (MOA)
Description	INIX TECHNOLOGIES HOLDINGS BERHAD ("INIX" OR "THE COMPANY")Query on Announcement dated 04 December 2020 : "Memorandum of Agreement with L&S Gloves Sdn. Bhd. (LSG) ("MOA")
Query Letter Contents	We refer to your Company’s announcement dated 4 December 2020, in respect of the aforesaid matter. In this connection, kindly furnish Bursa Securities with the following additional information for public release:- 1.       The tenure of the MOA. 2.       The purchase consideration of the 51% equity interest in LSG and the basis thereof. 3.       The manner in which the purchase consideration will be satisfied, the sources of funding and the breakdown thereof. 4.       A description of the factory building owed by LSG, approximate area, and the approximate age of the building. 5.       The production capacity and production output of the 2 existing rubber glove production lines. 6.       The markets for the rubber gloves manufactured by LSG. 7.       The date of commencement of operation of LSG. 8.       The business risks or exposure in relation to the MOA. 9.       The prospects of LSG. 10.     Reference is made to INIX’s announcement dated 11 August 2020 and 14 August 2020 in relation to Letter of Intent (“LOI”) entered with Lyglan Properties Sdn. Bhd. (“Lyglan”), INIX’s announcement dated 13 August and 14 August in relation to the article in The Star, Starbiz Section dated, Wednesday, 12 August 2020 "JV RUBBER GLOVE PLANT TO BEGIN OPS IN OCTOBER” and section 4 of INIX’s announcement dated 4th December 2020 on the MOA entered with LSG, where it was stated that board of directors of INIX is of the opinion that the MOA is the fastest way to venture into the glove manufacturing industry.  In this respect, please clarify the following:-           (i)      Whether INIX will continue with its proposed joint venture to develop the business of medical rubber gloves production with Lyglan; and           (ii)     How will be MOA with LSG impact the proposed joint venture with Lyglan. 11.     Kindly clarify the party that is described as “NWP” in item 7 of the announcement on MOA with LSG.
We refer to the query by Bursa Securities vide its letter dated 08 December 2020 on the above captioned matter: 1.The tenure of the MOA. 6 Months from 4 December 2020 to 3 June 2021 2. The purchase consideration of the 51% equity interest in LSG and the basis thereof. We are in the finals stages of negotiations with the owners of LSG. 3. The manner in which the purchase consideration will be satisfied, the sources of funding and the breakdown thereof. The manner in which the purchase consideration will be satisfied and the sources of funding for the purchase consideration is yet to be determined. 4. A description of the factory building owed by LSG, approximate area, and the approximate age of the building. Address:              Ground:  1st & 2nd Floor, Office Block, 37-1 Jalan Perusahaan, Kawasan                                               Perusahaan Beranang, 43700 Beranang, Selangor Darul Ehsan Description of Factory Building :               Factory Ground:  1st & 2nd Floor                                                                        Office Block (Admin & Operations) Build up Approximate Area : 21,000 sqft Approximate age of the building : 5 years 5. The production capacity and production output of the 2 existing rubber glove production lines. Production Capacity: 8,600,000 per month per line Production Output:  8,200,000 per month per line (nett wastage) 6. The markets for the rubber gloves manufactured by LSG. India, China , Middle East , South East Asia 7. The date of commencement of operation of LSG. 1 August 2020 8. The business risks or exposure in relation to the MOA. None 9. The prospects of LSG. After the completion of the acquisition of LSG , INIX is proposing to expand the production facilities of LSG. Under the expansion plan, INIX would be adding an additional 10 – 14 lines   for the production Latex & Nitrile gloves, Upon completion of the expansion plan LSG is poised to become a medium sized glove manufacturer in Malaysia. 10. Reference is made to INIX’s announcement dated 11 August 2020 and 14 August 2020 in relation to Letter of Intent (“LOI”) entered with Lyglan Properties Sdn. Bhd. (“Lyglan”), INIX’s announcement dated 13 August and 14 August in relation to the article in The Star, Starbiz Section dated, Wednesday, 12 August 2020 "JV RUBBER GLOVE PLANT TO BEGIN OPS IN OCTOBER” and section 4 of INIX’s announcement dated 4th December 2020 on the MOA entered with LSG, where it was stated that board of directors of INIX is of the opinion that the MOA is the fastest way to venture into the glove manufacturing industry. In this respect, please clarify the following:     (i) Whether INIX will continue with its proposed joint venture to develop the business of medical rubber gloves production with Lyglan; and     The Board of Directors will be deliberating on the matter in the forthcoming Board of Directors Meeting.     (ii) How will be MOA with LSG impact the proposed joint venture with Lyglan.     It would have no impact on the proposed joint venure with Lyglan , as both parties have not finalsed the terms. 11. Kindly clarify the party that is described as “NWP” in item 7 of the announcement on MOA with LSG. This was an error and has since been rectified via announcement made on 9 December 2020. Once the outstanding information has been determined, an immediate announcement will be made to the exchange for public release.

SUMMARY OF KEY FINANCIAL INFORMATION 31 Oct 2020

		INDIVIDUAL PERIOD		CUMULATIVE PERIOD
		CURRENT YEAR QUARTER	PRECEDING YEAR CORRESPONDING QUARTER	CURRENT YEAR TO DATE	PRECEDING YEAR CORRESPONDING PERIOD
		31 Oct 2020	31 Oct 2019	31 Oct 2020	31 Oct 2019
		$$'000	$$'000	$$'000	$$'000

1	Revenue	762	1,156	2,021	6,432
2	Profit/(loss) before tax	-965	-74	-1,129	-6,260
3	Profit/(loss) for the period	-966	-74	-1,129	-6,260
4	Profit/(loss) attributable to ordinary equity holders of the parent	-811	-119	-974	-5,814
5	Basic earnings/(loss) per share (Subunit)	-0.24	-1.95	-0.24	-1.95
6	Proposed/Declared dividend per share (Subunit)	0.00	0.00	0.00	0.00
		AS AT END OF CURRENT QUARTER		AS AT PRECEDING FINANCIAL YEAR END
7	Net assets per share attributable to ordinary equity holders of the parent ($$)	0.0906		0.0787

Type	Announcement
Subject	OTHERS
Description	INIX TECHNOLOGIES HOLDINGS BERHAD ("INIX" OR "THE COMPANY") - Press Release: Latest Updates on iNix Rubber Glove Venture
The Board of Directors of INIX Technologies Holdings Berhad is pleased to attach herewith a press release dated 9 January 2021 entitled "Latest Updates on iNix Rubber Glove Venture". This announcement is dated 11 January 2021.

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3119998

Attachments INIX-Press Release.pdf

Type	Announcement
Subject	OTHERS
Description	INIX TECHNOLOGIES HOLDINGS BERHAD ("INIX" OR "THE COMPANY")- iNix registers with NPRA and secures 3 suppliers for Covid-19 Vaccines
The Board of Directors of INIX Technologies Holdings Berhad is pleased to attach herewith a press release dated 12 January 2021 entitled "iNix registers with NPRA and secures 3 suppliers for Covid-19 Vaccines". This announcement is dated 13 January 2021.

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3120843

Attachments INIX-Press Release_12.01.2021.pdf

INIX TECHNOLOGIES HOLDINGS BERHAD ("INIX" OR "THE COMPANY")Company's response on Article entitled INIX Technologies application to supply Covid-19 vaccines yet to be received by NPRA published by The Edge Markets
https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3122517

icy97

Type	Announcement
Subject	TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS
Description	INIX TECHNOLOGIES HOLDINGS BERHAD ("INIX" or "the Company")1. ACQUISITION OF 331,500 ORDINARY SHARES REPRESENTING 51.00% OF THE ISSUED AND PAID-UP SHARE CAPITAL OF L & S GLOVES SDN BHD BY INIX GLOVE MANUFACTURING SDN BHD, A WHOLLY-OWNED SUBSIDIARY OF INIX2. PRESS RELEASE TITLED, "INIXS GLOVE VENTURE TAKE OFF AS ACQUISITION OF L&S GLOVES COMPLETED"
The Board of Directors of INIX wishes to announce that its wholly-owned subsidiary, INIX Glove Manufacturing Sdn Bhd [Registration No. 201001023819 (907591-H)] (“INIX GM" or “the Purchaser”), had on 21 January 2021 entered into a Share Sale Agreement (“SSA”) to acquire 331,500 ordinary shares of L & S Gloves Sdn Bhd [Registration No. 201901017337 (1326665-M)] (“L&S”), representing 51.0% of the issued shares of L&S, from Teo Xiong Sheng, Teo Yoek Leong and Xiaohua Xie (“the Vendors”) for a consideration of RM6,500,000.00 (“Purchase Price”) (“the Proposed Acquisition”). Upon completion of the Proposed Acquisition, L&S will become a subsidiary of INIX GM and an indirect subsidiary of INIX. Please refer to the attachments for further information. This announcement is dated 21 January 2021.

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3122899

Attachments INIX-Acquisition of Glove company.pdf INIX-Press Release_21.01.2021.pdf

Type	Reply to Query
Reply to Bursa Malaysia's Query Letter - Reference ID	IQL-21012021-00003
Subject	iNix registers with NPRA and secures 3 suppliers for Covid-19 Vaccines
Description	INIX TECHNOLOGIES HOLDINGS BERHAD ("INIX" or "the Company")Additional Information
Query Letter Contents	We refer  to your  Company’s  announcements dated 13 January 2021 and  20 January 2021 in respect of the aforesaid matter. In this connection, kindly furnish Bursa Securities with the following additional information for public release:- The date(s) on which  iNix/iNix Technologies Holdings Bhd was appointed  as distributors for the Covid-19 vaccine by Sinovac Biotech Co Ltd, Cansino Biologics Inc and Sinopharm China National Biotech Group Co Ltd.
(The terms used herein, unless the context otherwise stated, bear the same meaning as those defined in the Company’s announcement made on 13 January 2021 and  20 January 2021 in relation to the Press Release entitled iNix registers with NPRA and secures 3 suppliers for Covid-19 Vaccines) Reference is made to the Company’s announcement made on 13 January 2021 and 20 January 2021. For clarification, the Board of Directors of INIX wishes to inform that Inix Network Sdn Bhd was appointed as distributors for the Covid-19 vaccine by Sinovac Biotech Co Ltd, Cansino Biologics Inc and Sinopharm China National Biotech Group Co Ltd on 28 October 2020. This announcement is dated 22 January 2021.

Type	Reply to Query
Reply to Bursa Malaysia's Query Letter - Reference ID	IQL-25012021-00004
Subject	ACQUISITION OF 331,500 ORDINARY SHARES REPRESENTING 51.00% OF THE ISSUED AND PAID-UP SHARE CAPITAL OF L & S GLOVES SDN ("L&S") BHD BY INIX GLOVE MANUFACTURING SDN BHD, A WHOLLY-OWNED SUBSIDIARY OF INIX ("PROPOSED ACQUISITION")
Description	INIX TECHNOLOGIES HOLDINGS BERHAD ("INIX" or "the Company")1. ACQUISITION OF 331,500 ORDINARY SHARES REPRESENTING 51.00% OF THE ISSUED AND PAID-UP SHARE CAPITAL OF L & S GLOVES SDN BHD BY INIX GLOVE MANUFACTURING SDN BHD, A WHOLLY-OWNED SUBSIDIARY OF INIX2. PRESS RELEASE TITLED, "INIXS GLOVE VENTURE TAKE OFF AS ACQUISITION OF L&S GLOVES COMPLETED"Additional Information
Query Letter Contents	We refer to your Company’s announcement dated 21 January 2021 in respect of the aforesaid matter (“Announcement”). In this connection, kindly furnish Bursa Securities with the following additional information for public release:- The net profits and net assets of L&S based on its latest audited accounts. The date L&S commenced its business. The number of production lines, production capacity and production output per annum of L&S factory. Definition of “Transfer Date” in Section 4.2(b) of the Announcement. To amend Section 4.2(a), line 1 of the Announcement. The estimated time frame to complete the Proposed Acquisition.
(The terms used herein, unless the context otherwise stated, bear the same meaning as those defined in the Company’s announcement made on 21 January 2021 in relation to the Proposed Acquisition) Reference is made to the Company’s announcement made on 21 January 2021. The Board of Directors of INIX wishes to provide the following additional information: 1. The net profits and net assets of L&S based on its latest audited accounts. Based on the latest draft audited accounts of L&S for the year ended 30 September 2020, the net loss and net assets are RM134,692.00 and RM515,307.00 respectively. 2. The date L&S commenced its business. The date of L&S commenced its business is 1 July 2020. 3. The number of production lines, production capacity and production output per annum of L&S factory. a.    No of Production line: 2 b.    Production Capacity per line: i.              Production Capacity: 11,000 pcs per hour ii.             Production Capacity: 7.898,000 per month per line 4. Definition of “Transfer Date” in Section 4.2(b) of the Announcement. The “Transfer Date” in Section 4.2(b) of the Announcement refers to the date when the SSA shall be deemed unconditional upon the compliance and fulfillment of the Conditions Precedent. 5. To amend Section 4.2(a), line 1 of the Announcement. The term “Memorandum of Agreement” should be read as “SSA”. 6. The estimated time frame to complete the Proposed Acquisition. The estimated time frame to complete the Proposed Acquisition would be two (2) weeks from the date of execution of the SSA. This announcement is dated 26 January 2021.

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SUMMARY OF KEY FINANCIAL INFORMATION 30 Sep 2021

		INDIVIDUAL PERIOD		CUMULATIVE PERIOD
		CURRENT YEAR QUARTER	PRECEDING YEAR CORRESPONDING QUARTER	CURRENT YEAR TO DATE	PRECEDING YEAR CORRESPONDING PERIOD
		30 Sep 2021	30 Sep 2020	30 Sep 2021	30 Sep 2020
		$$'000	$$'000	$$'000	$$'000

1	Revenue	6,480	0	6,480	0
2	Profit/(loss) before tax	1,019	0	1,019	0
3	Profit/(loss) for the period	992	0	992	0
4	Profit/(loss) attributable to ordinary equity holders of the parent	-20	0	-20	0
5	Basic earnings/(loss) per share (Subunit)	0.00	0.00	0.00	0.00
6	Proposed/Declared dividend per share (Subunit)	0.00	0.00	0.00	0.00
		AS AT END OF CURRENT QUARTER		AS AT PRECEDING FINANCIAL YEAR END
7	Net assets per share attributable to ordinary equity holders of the parent ($$)	0.0750		0.0736

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INIX TECHNOLOGIES HOLDINGS BERHAD

Date of change	21 Dec 2021
Name	MR CHOW HUNG KEEY
Age	33
Gender	Male
Nationality	Malaysia
Designation	Executive Director
Directorate	Executive
Type of change	Appointment

Qualifications

No	Qualifications	Major/Field of Study	Institute/University	Additional Information
1	Professional Qualification	Association of Chartered Certified Accountants ("ACCA")	Taylor's University

Working experience and occupation	Mr. Chow started as an Audit Associate with KPMG Malaysia in 2010, before joining CIMB Bank as a Relationship Manager, advising on the accounts of selected high-net-worth clients in 2011. He was then promoted as Senior Relationship Manager in 2012. Between 2012 to 2015, he was an Executive Director of a public company, listed on the ACE Market of Bursa Malaysia Securities Berhad ("Bursa Securities"), primarily engaged in software development, system integration, IT management consultancy and other related professional services. Between 2015 to 2019, he was appointed as a Non-Executive Director for a public company, listed on the ACE Market of Bursa Securities, primarily engaged in track and trace solutions provider that utilizes Radio Frequency Identification (RFID). He was also a Non-Executive Director of a company listed on the Main Board of Bursa Securities, principally engaged in Flight Training and Air Charter Services from 2017 to 2018. In 2019, he joined a bumiputra construction and property development company taking the roles as the Financial Advisor and subsequently promoted as the Corporate Development Director in 2020.Mr. Chow is a member of the Association of Chartered Certified Accountants (ACCA), a member of the Malaysian Institute of Accountants (MIA), a member of the ASEAN Chartered Professional Accountant (ASEAN CPA) and also an affiliate member of the Asian Institute of Chartered Bankers (AICB).Mr. Chow has extensive experience in public listed companies, multinational corporations, small and medium enterprises, in various industries such as IT, Air Charter Services, credit financing, automotive manufacturing, construction and property development. He is experienced in carrying out due diligence review, quality assurance reviews, budgets, forecasts and review of internal control processes; and familiar in advising business start-ups, corporate planning and advisory, management consulting and corporate restructuring.
Directorships in public companies and listed issuers (if any)	Nil
Family relationship with any director and/or major shareholder of the listed issuer	Nil
Any conflict of interests that he/she has with the listed issuer	Nil
Details of any interest in the securities of the listed issuer or its subsidiaries	177,600 ordinary shares

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ZEN TECH INTERNATIONAL BERHAD

1. Details of Corporate Proposal
Involve issuance of new type/class of securities ?	No
Types of corporate proposal	Others
Details of corporate proposal	SETTLEMENT OF AN AMOUNT OWING BY INIX GLOVE MANUFACTURING SDN. BHD. (A WHOLLY-OWNED SUBSIDIARY OF ZEN TECH INTERNATIONAL BERHAD (FORMERLY KNOWN AS INIX TECHNOLOGIES HOLDINGS BERHAD) ("ZTIB" OR "COMPANY")) TO ITS CREDITOR NAMELY, SOUTHBORN CAPITAL SDN. BHD., VIA ISSUANCE OF UP TO 108,800,000 NEW ORDINARY SHARES IN ZTIB AT AN ISSUE PRICE OF RM0.0750 EACH ("SETTLEMENT SHARES") ("DEBT SETTLEMENT")
No. of shares issued under this corporate proposal	108,607,122
Issue price per share ($$)	Malaysian Ringgit (MYR)   0.0750
Par Value($$) (if applicable)
Latest issued share capital after the above corporate proposal in the following
Units	621,871,142
Issued Share Capital ($$)	Malaysian Ringgit (MYR) 77,292,259.690
Listing Date	04 Jul 2022