ShareInvestor celebrates 25th anniversary; Holding company rebrands as AlphaInvest

New corporate identity reflects Group’s evolution since its founding in 1999 and future directions
Group subsidiaries and trademarked data portal to retain Shareinvestor brand, as will its other product brands
Revamped Shareinvestor.com portal to be rolled out as part of 25th anniversary

SINGAPORE, Apr 11, 2024 – (ACN Newswire) – Shareinvestor.com Holdings Pte. Ltd., the holding company of Singapore’s largest independent platform for retail investors, today announced a name change and a new logo to mark its 25th anniversary.

The new holding company name is AlphaInvest Holdings Pte. Ltd. (“AlphaInvest” or “the Group”), with its new logo and tagline as shown here:

Senior Management of AlphaInvest Group, (Left to Right) Mr Christopher Lee (Group Chief Executive Officer), Mr Shanison Lin (Group Managing Director, Investor Platforms) and Mr Lim Dau Hee (Group Chief Operating Officer & concurrent Chief Technology Officer).

The Group’s subsidiaries in Singapore, Malaysia and Indonesia, and its associate in Thailand, will retain the ShareInvestor (“SI”) name, as will its trademarked Shareinvestor.com market data portal and other product brands.

The new holding company identity coincides with the Group’s 25th anniversary of its founding in 1999. It better reflects the Group’s ongoing and future evolution beyond its original share market data business and its leading positions in investor relations and investor education in multiple markets in the region.

The Group’s holding company has been registered with the Accounting and Corporate Regularity Authority (ACRA) as “AlphaInvest Holdings Pte. Ltd.” and the name change took effect on 8 March 2024. See http://www.alphainvestholdings.com/ for the Group’s profile.

Mr Christopher Lee, Group Chief Executive Officer and co-founder of the Group, said: “Our mission is to empower retail investors to make informed investment decisions via our investor education and market data products. Our key challenges now are to serve the next generation of younger investors, and to expand into new asset classes. This goes hand-in-hand with growing our investor relations advisory services to enable corporates to engage meaningfully with investors. Our ultimate vision is to create better investment outcomes for all.”

Mr Lim Dau Hee, Group Chief Operating Officer and concurrent Chief Technology Officer and a co-founder of the Group, added: “For the last 25 years, we have leveraged on technologies to empower investors to make better choices. We are happy to have enabled investors to build diversified investment portfolios. AlphaInvest must continue to innovate to serve our customers and stay ahead of the game.”

The Group has had an eventful 25 years since its founding in 1999. The Group was acquired by Singapore Press Holdings (SPH) in 2008. After 10 years of profitable operations as part of SPH, the Group’s founders and management team did a management buyout in 2018 at a S$17 million valuation.

In 2023, ShareInvestor acquired and merged with InvestingNote at a combined valuation of S$30 million. InvestingNote, founded by Mr. Shanison Lin, is a social media start-up with a user base of young investors. Mr Lin, an ex-staff of Shareinvestor, is now part of AlphaInvest’s leadership team. The Group aims to further grow its reach of 300,000 retail investors and its client base of 700 public listed companies in the region.

Mr Patrick Daniel, who has chaired the Group since 2008, said: “The Group is fortunate to have a dedicated management team who have not ceased their efforts to grow the business in the face of challenging times.

“In addition to Christopher, Dau Hee and Shanison, we have Wayne Koo at Waterbrooks, Janista Taosuwan in SI Thailand, Edward Stanislaus in SI Malaysia, and Ahmad Mustafid in PTSI in Jakarta. Together, they form a strong leadership team and I’m confident that AlphaInvest will succeed in extracting synergies and in seizing new opportunities.”

Launch of revamped Shareinvestor.com portal

The revamped Shareinvestor.com market data portal provides a huge trove of data and a comprehensive set of tools for the analysis of local and global equities. Building on the new platform, the team will continue to enhance Shareinvestor.com with new functions, new features and other data elements over the coming months.

The preview version is now available to existing users and the full version will be rolled out to all users within the next few months.

Future Directions

While the company has cemented its status as Southeast Asia’s largest Investor Relations provider, the new corporate identity reflects the Group’s ongoing and future evolution. Going beyond traditional equities-based products and services is a key opportunity.

The Group is well-positioned to expand to other asset classes such as currencies, commodities and digital assets including NFTs and cryptocurrencies. The Group’s approach will be to collaborate with partners in these areas in win-win partnerships.

AlphaInvest will continue to strengthen its portfolio of well-established brands in investor relations and investor education. While retaining their distinct brand identities, there will be greater internal collaboration to capitalise on inherent synergies to add further value Group- wide.

AlphaInvest’s digital publications; Investor-One and the Inve$t weekly e-magazine – will be distributed across the region. In their visually attractive formats and with insightful content, they will reach over 130,000 investors, from novices to professionals.

The Group will further grow its InvestingNote social portal, the largest in Singapore and Malaysia. The aim is to be a virtual water cooler corner for the growing number of Gen Z and Tik-Tok Generation investors to share their investing insights, exchange ideas and network.

The Group’s Waterbrooks Consultants, which provides customised public relations, branding and crisis communications advisory services to listed as well as non-listed companies, will be integrated more closely with the Group’s Investor Relations service.

AlphaInvest is currently the organiser of several prominent events on the annual investing calendar such as InvestFair and the REITs Symposium.

Capitalising on the opportunities in the region, the Group will further expand its footprint to serve the growing investing community in Malaysia, Indonesia and Thailand.

For Investor & Media Enquiries, please contact:

AlphaInvest Holdings Pte Ltd
Christopher Lee, Director
Email: christopher.lee@alphainvestholdings.com

Waterbrooks Consultants Pte Ltd
Wayne Koo, Director
Email: wayne.koo@waterbrooks.com.sg
Phone: +65 9338 8166

About AlphaInvest Holdings Pte. Ltd. (www.alphainvestholdings.com)

Vision: Creating better investing outcomes

Mission: Empowering investors to make informed decisions and for corporates to inform and engage meaningfully with investors.

A leading regional financial services, media and technology company, AlphaInvest Holdings Pte Ltd (“AlphaInvest”or “the Group”) was founded in 1999 to empower investors by providing them with trusted products and services for informed investment decision-making. Its core areas of business span investor relations, market data tools and investor education.

AlphaInvest Group operates the largest investor relations network in the region, with a customer base of about 700 public listed companies and a reach of over 300,000 people across its platforms. The Group has over 120 employees in four countries (Singapore, Malaysia, Thailand, and Indonesia).

The Group has made several strategic investments:

– Waterbrooks Consultants Pte Ltd, investor relations/public relations firm, (www.waterbrooks.com.sg)
– InvestingNote, Singapore’s leading social media platform for retail investors, (www.investingnote.com).

InvestingNote is the largest and most active social platform for investments in Singapore and Malaysia. It is a community-driven platform designed specifically to help investors and traders to share ideas on stocks, news and insights through social networking and a variety of useful investment tools.

ShareInvestor (www.shareinvestor.com) provides online market data tools for multiple markets across its ShareInvestor Station™, ShareInvestor WebPro™ and ShareInvestor Mobile range of products.

AlphaInvest’s digital publications include:

– Investor-One (www.investor-one.com), a website on investor education, market news, corporate developments, and data analytics;
– Inve$t, the e-magazine published weekly in Singapore and Malaysia.

AlphaInvest organises financial investment seminars and conferences for investors. Its annual large-scale events, InvestFair™ (www.investfair.com.sg) in Singapore and Malaysia, draws thousands of participants. Other key exhibition includes the largest REIT event ie REITS Symposium (www.reitsymposium.com).

Mercury Securities Introduces Mercury Gold

KUALA LUMPUR, Feb 19, 2024 – (ACN Newswire) – Bursa Malaysia listed Mercury Securities Group Berhad (“Mercury Securities” or “Company”; Stock Code 0285), announced the launch of their newest venture, Mercury Gold, which aims to empower both seasoned investors and newcomers to participate in the precious metals market.

Mercury Gold offers physical bullion for purchase as well as Mercury Bullion Savings, a program where customers can buy, sell and accumulate bullion by the gram. With live pricing, a transparent fee structure, and a user-friendly interface, gold and silver investment has never been easier.

The management team of Mercury Securities said, “In the past few years, we have seen gold prices rise as more people look to gold as a safe haven and tangible store of value in uncertain times. As demand increases, we want to provide Malaysians with a transparent and secure platform to buy, sell and save precious metals to diversify their investments. The flexibility to invest in physical bullion or in Mercury Bullion Savings, accumulating grams of gold or silver over time, will allow everyone to participate in this thriving market.”

Mercury Gold Bullion

Mercury Gold’s bullion is sourced from renowned global mints PAMP Suisse and other sovereign mints from the United States, Canada and Australia. All are certified by the London Bullion Market Association (LBMA), the global authority for precious metals. Individual bullion bars in various sizes and government-minted legal tender coins are available for sale.

Mercury Bullion Savings Program (MBS)

In addition, Mercury Gold is proud to introduce Mercury Bullion Savings (MBS) Program, which is an easy, safe and cost-effective way to invest and own gold and silver bullion. Via MBS, customers may buy as little as RM50 of gold per transaction, and all customer holdings are fully backed by physical bullion. Savers in the program can sell their bullion holdings at any time or convert their holdings into LBMA-certified gold or silver bars with zero conversion fees, upon reaching a savings threshold.

To learn more about Mercury Gold and open an account, go to: Mercury Gold. Follow Mercury Gold on social media: Instagram, Facebook and TikTok.

NASDAQ-listed Agape ATP Unveils Expansion Plans and Green Initiatives at Opening Bell Ringing Ceremony

KUALA LUMPUR, Jan 24, 2024 – (ACN Newswire) – Homegrown Nasdaq listed Agape ATP Corporation (“ATPC” or the “Company”; NASDAQ: ATPC) announces the Company’s move to push forward its Sustainability Green Energy Initiative at the NASDAQ Opening Bell Ringing Ceremony hosted by ATPC at the Kuala Lumpur Convention Centre recently.

Datuk Ir. (Dr.) Khairol Anuar Mohamad Tawi, Pengerusi, SIRIM Berhad; YBhg. Datin Saidatul Badru Tun Said; YBhg. Puan Sri Datin Noraini Binti Mohd; YB Tan Sri Dato’ Johari Bin Abdul, Yang di-Pertua Dewan Rakyat; YBhg. Datin Sri Dr. Yvonne Teng; YBhg. Dato Sri Dr. How Kok Choong J.P., Founder & Global Group CEO, AGAPE ATP Corporation; Professor Dr. MD Nasir Ibrahim, Penasihat Koporate Agape ATP Corporation; Mr. Hiren Krishnani, NASDAQ ASEAN Investor Relations and IPO Director; YBhg. Dato’ Rohaizi bin Bahari, Pengarah Kanan Sektor Perdagangan Pengedaran dan Perniagaan (SDTP); Dr. Fernando Cortizo, Executive Director of Agape ATP Corporation [L-R]

The event held marks a significant milestone for ATPC and was attended by the Speaker of the Dewan Rakyat, YB Tan Sri Dato’ (Dr.) Johari Bin Abdul; Representing the Honourable Minister of Domestic Trade and Cost of Living YB Datuk Armizan Bin Mohd Ali is Senior Director, Trade, Distribution, and Business Sector, YBhg. Dato’ Rohaizi Bin Bahari; Chairman of SIRIM, YBhg. Datuk Ir (Dr) Khairol Nuar Mohamad Tawi; the NASDAQ ASEAN Investor Relations and IPO Director, Mr. Hiren Krishnani; and guests and business partners from Japan, Australia, Thailand, Singapore, Germany, the United States of America, China, Indonesia, and Taiwan.

Dato’ Sri Dr. How Kok Choong, Founder and Global Group CEO of ATPC said, ‘It is with great honour and immense gratitude that we welcome our distinguished guests, partners from around the globe, and the respected dignitaries of Malaysia to this momentous NASDAQ Opening Bell Ringing Ceremony. Your presence today is a testament to our shared vision for a sustainable future.”

Central to ATPC’s sustainability strategy is a Memorandum of Agreement with Volt Industries Sdn. Bhd. (“VOLT”) in November 2023, marking a significant milestone in both parties’ collaborative efforts. While the acquisition of a 51% stake in VOLT is currently its’ final stages, this partnership is expected to play a crucial role in ATPC’s Sustainability Green Energy Initiative. This initiative includes the development and installation of 50 Electric Vehicle (EV) charging stations in Pahang, Malaysia, which is already in development progress.

Meanwhile, following a Memorandum of Agreement signed in November 2023 between ATPC and Oriental Industries Enterprise Sdn. Bhd. (“OIE”), a specialist in the EV bike industry, both companies established a Special Purpose Vehicle (SPV), with each holding an equal of 50% share, focusing on the distribution and marketing of EV bikes. Highlighting this partnership, the Ceremony featured an impressive showcase of EV bike display which will go to market in key cities, especially in the Klang Valley region, after inspection and obtaining clearance from SIRIM.

Dato Sri How elaborated, “As we forge ahead with our pivotal collaborations with various companies, we are thrilled to be at the forefront of Malaysia’s green energy transition. Our initiative of establishing 50 EV charging stations in Pahang, coupled with the plans of establishing a 300 MWp solar farm in Sabah, is a bold stride towards our commitment to sustainable development. These efforts, enhanced by our partnerships, are a testament to how environmental sustainability and corporate growth can successfully coexist. We stand here today, poised for a future where green energy is not just an option, but a driving force for innovation and prosperity.”

Further contributing to this wave of sustainable initiatives, VOLT has independently signed a Memorandum of Understanding (MOU) with KAB Smart Solar Energy Sdn. Bhd. (“KAB Smart Solar”). This agreement opens avenues for collaboration in Engineering, Procurement, Construction, and Commissioning services specifically for Solar Photovoltaic systems, highlighting the synergy between VOLT’s EV charging station expertise and KAB Smart Solar’s proficiency in the realm of solar energy.

Mercury Securities Achieves Healthy Performance for Q4FY2023

KUALA LUMPUR, Dec 26, 2023 – (ACN Newswire) – Mercury Securities Group Berhad (“Mercury Securities” or “Company”), today announced the Company’s consolidated financial results for the fourth quarter ended 31 October 2023 (“Q4FY2023”), marking a period of sustained growth.

For Q4FY2023, the Group reported revenue of RM8.71 million, which signifies a notable increase of 19.93% from RM7.26 million in the preceding quarter (“Q3FY2023”), despite challenging market conditions domestically and internationally, underscoring the Group’s performance resilience. The stockbroking segment contributed RM6.35 million, while the corporate finance segment added RM2.36 million, reflecting the Group’s multi-channel revenue stream.

Mercury Securities’ gross profit margin stood at 57.93% for Q4FY2023. The Profit Before Tax (“PBT”) for the cumulative quarters reached RM12.46 million, after fully charging the one-off non-recurring listing expenses of RM3.93 million. Excluding this one-off non-recurring listing expenses of RM3.93 million, the Group performed creditably with PBT for the current quarter of RM4.60 million and RM16.39 million for the full financial year.

The Board of Directors is pleased to declare a maiden interim dividend of 0.5 sen per share based on the entitlement date of 12 January 2024 whilst the payment date has been fixed on 2 February 2024. The Group continues to be committed to creating value for its shareholders and other stakeholders.

The Management of Mercury Securities commented, “Our credible performance this quarter, evidenced by a meaningful increase in revenue and a healthy gross profit margin, demonstrates the effectiveness of our business strategies. These results underscore our resilience and our all-round proficiency in a mixed market environment. We are particularly proud of our team’s efforts in achieving these results and remain focused on sustaining this growth trajectory.”

Looking ahead, Mercury Securities is steadfast in the Group’s commitment to driving revenue growth and optimising operating costs. Key initiatives include expanding its share margin financing portfolio, enhancing its online trading platform with algorithmic capabilities to increase market share, enlarging its proprietary trading teams and adding corporate finance personnel to further expand the corporate finance division.

Mercury Securities will also be introducing new products and services to further diversify its revenue channels and thereby expand its clients base. With these strategies in place, the Group is poised to navigate future challenges and capitalise on opportunities for the Group’s continued growth and performance.

There are no comparative year-on-year figures as Mercury Securities was only listed on the ACE Market of Bursa Malaysia on 19 September 2023.

Mitrade Tops Charts for Best Client Fund Security Worldwide, Secures its Position as Best Forex Trading App in Australia

MELBOURNE, Dec 15, 2023 – (ACN Newswire) – Mitrade is honored and titled as this year ‘s “Best Client Fund Security – Global ” and “Best Forex Trading App – Australia”, by the International Business Magazine. The International Business Magazine Awards took place at Atlantis, The Palm in Dubai earlier this November. The event brought together industry leaders to celebrate outstanding achievements, making it a night of recognition and triumph in the global business community.

This accomplishment highlights Mitrade’s commitment to ensuring maximum security and trust for its clients. The company has become a top choice for traders who value reliability and peace of mind by prioritizing a comprehensive, secure, and transparent trading environment.

Best Client Fund Security – Global 2023

A testament to its exemplary commitment to safeguarding client investments. This recognition stems from Mitrade‘s rigorous security measures, including the use of segregated accounts to ensure client funds are kept separate from company assets, and bolstered by strict regulatory compliance. These practices not only set industry benchmarks but also instill confidence among clients, affirming that their investments are managed with the utmost integrity and safety, allowing them to trade with peace of mind.

Best Forex Trading App – Australia 2023

Mitrade, acclaimed as Australia’s ‘Best Forex Trading App’ for 2023, has firmly established its position as the top choice among forex traders. This prestigious award reflects Mitrade’s commitment to delivering a seamless trading experience, combining a user-friendly interface with advanced trading tools. Key to its acclaim is the integration of MitradeGPT, a cutting-edge AI feature providing real-time, concise news updates. Furthermore, an upgrade to its core charting system through a collaboration with TradingView has further improved its interface, streamlining the trading process for users. Together, these innovations make trading not just faster, but also smarter, benefitting both novice and experienced traders alike.

About Mitrade

Mitrade is a leading global online CFD trading platform that offers a diverse range of financial instruments to traders internationally. With over 400 markets to choose from, traders have unparalleled opportunities to engage in various assets, including stocks, commodities, currencies, and indices. Whether it’s exploring the stock market, delving into the intricacies of forex trading, or navigating the world of commodities, Mitrade provides a comprehensive selection of trading products. For more information, please visit www.mitrade.com.

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Media Contact
Brand: Mitrade
Contact: Media team
E-mail: branding@mitrade.com
Website: https://www.mitrade.com/

Jati Tinggi Aims to Raise RM18.04 Million from ACE Market IPO

KUALA LUMPUR, Nov 30, 2023 – (ACN Newswire) – Jati Tinggi Group Berhad, one of the players in the field of infrastructure utilities engineering industry, today unveiled its prospectus in anticipation of its forthcoming initial public offering (IPO) on the ACE Market of Bursa Malaysia Securities Berhad.

The Group aims to raise RM18.04 million through the issuance of 66.80 million new shares priced at RM0.27 per share. The capital to be raised will be allocated to support the Group’s growth, enhance operational capacities and strengthen its financial position.

The usage of proceeds is outlined as follows:

• RM7.00 million to be directed towards the repayment of bank borrowings;

• RM7.34 million will be earmarked for general working capital purposes;

• RM0.20 million will be invested in capital expenditure, specifically in the procurement of winch machines; and

• RM3.50 million is allocated to cover the estimated expenses associated with the listing process.

Managing Director of Jati Tinggi, Dato’ Seri Lim Yeong Seong remarked, “At Jati Tinggi, we strive to achieve operational excellence and embrace sustainable practices. This IPO marks a key milestone; it reflects our dedication to excellence and for sustainability as well as growth. The funds to be raised will play a crucial role in enhancing our capabilities in supporting our future growth as our Group will have access to a larger pool of financial resources which would facilitate our Group’s efforts to secure and undertake more and/ or larger projects in the future.”

Head of Corporate Finance of TA Securities Holdings Berhad (“TA Securities”), Mr. Ku Mun Fong said, “Jati Tinggi’s performance over the last 3 full financial years showcases its foundation and strategic planning. This IPO is a significant step, set to expand Jati Tinggi’s reach, strengthen its position, and establish itself as a prominent player in the infrastructure utilities engineering industry.”

TA Securities is the Principal Adviser, Sponsor, Underwriter and Placement Agent for the IPO.

Artroniq Announces Impressive Q1 FY2024 Financial Performance with Remarkable Revenue Growth

KUALA LUMPUR, Nov 24, 2023 – (ACN Newswire) – Artroniq Berhad (“Artroniq” or the “Group”), a key contender on the ACE Market, with its’ game-changing move for the Malaysian electric vehicle industry, is proud to unveils the Group’s financial achievements for the first quarter ended 30 September 2023 (“Q1 FY2024”). The Group has demonstrated exceptional growth and strategic resilience, marking a promising start to the year with a substantial increase in revenue.

In Q1 FY2024, Artroniq Berhad achieved an extraordinary revenue of RM16.0 million, marking a stellar increase of about 225-fold as compared to Q6 FY2023. This surge in revenue is mainly attributed to the resolution of previous product returns in the ICT products and related services segment, signifying a robust recovery and commitment to quality and customer service.

Despite the challenging economic climate, Artroniq Berhad has significantly reduced its loss before tax to a less than RM0.1 million in Q1 FY2024 from RM16.0 million in Q6 FY2023. This improvement is a result of strategic initiatives and effective management decisions, including addressing goodwill impairment in the ICT segment.

The management of Artroniq, commented, “We are thrilled with our Q1 performance, which not only showcases our resilience but also our strategic prowess in navigating industry challenges. Artroniq Berhad is actively capitalising on the growth of the semiconductor industry and the emerging electric vehicle market. Our ventures, especially in electric bicycles, are aligned with Malaysia’s Madani Economy objectives and contribute to the national goal of carbon neutrality by 2050. We are committed to innovation, sustainability, and delivering value to our stakeholders.”

They added: “The global semiconductor industry continues to grow despite challenges in securing resources and talent. Malaysia’s strategic initiatives, particularly in Penang, are creating a conducive environment for semiconductor advancements. The government’s focus, as highlighted by the Malaysian Automotive, Robotics and IoT Institute (MARii), on initiatives like the Electric Motorcycle Usage Incentive Scheme is expected to bolster the EV market, including electric motorcycles (e-bikes).”

In conclusion, Artroniq Berhad remains focused on its growth trajectory, leveraging its strengths in the semiconductor and electric vehicle sectors. The Group is committed to navigating the dynamic market conditions with prudence and strategic foresight, ensuring sustained success in 2024 and beyond.

As at 23 November 2023, the share price of Artroniq is RM0.845, representing a market capitalisation of RM344.6 million.

KJTS Group Berhad Receives Bursa Malaysia’s Approval for ACE Market Listing

KUALA LUMPUR, Nov 22, 2023 – (ACN Newswire) – KJTS Group Berhad (“KJTS” or the “Company”) and its subsidiaries (collectively referred to as “KJTS Group” or the “Group”), a building support services provider in Malaysia, Thailand and Singapore, are pleased to announce its approval to list on the ACE Market of Bursa Malaysia Securities Berhad (“Bursa Malaysia”). The Company is set to offer a total of approximately 218.03 million new ordinary shares, representing 31.69% of its enlarged issued share capital of 688.00 million ordinary shares, in its upcoming initial public offering (“IPO”).

Since 1984, KJTS Group has evolved significantly over the years. The leadership of the current management team of the Group has been instrumental in shaping KJTS Group’s growth. Today, KJTS Group’s operations extends across Malaysia, Singapore, and Thailand. The Group’s core expertise lies in delivering cooling energy, cleaning, and facilities management services. This includes comprehensive range of cooling energy services which include cooling energy management and engineering, procurement, construction and commissioning of cooling energy systems services, alongside general and specialised cleaning services, and FM services that cover the repair and maintenance of mechanical and electrical machinery and equipment, process utilities, and food and beverage and retail outlet equipment. The services that KJTS Group provides are synergistic as cooling energy, cleaning and facilities management services are necessary for the proper functioning of many types of buildings, including commercial properties such as shopping complexes and offices, manufacturing facilities and institutional buildings such as universities and hospitals.

According to KJTS’ draft prospectus for the IPO posted on the Bursa Malaysia Berhad’s website, the listing exercise involves the IPO of approximately 218.03 million new ordinary shares or 31.69% of the enlarged issued share capital with no offer for sale.

The new ordinary shares will be offered in the following manner:

1. Retail offering of 49.40 million new ordinary shares, representing 7.18% of the enlarged issued shares:

a. 34.40 million new ordinary shares for application by the Malaysian public via balloting, of which 17.20 million new ordinary shares (representing 2.50% of the enlarged issued shares) are reserved for application by Bumiputera investors including individuals, companies, societies, co-operatives and institutions;

b. 15.00 million new ordinary shares reserved for application by the eligible directors, eligible key senior management, eligible employees and persons who have contributed to the success of the Group.

2. Institutional offering of approximately 168.63 million new ordinary shares representing 24.51% of the enlarged issued shares to institutional and selected investors.

Managing Director of KJTS Group, Mr. Lee Kok Choon (“KC Lee”), commented on the milestone, saying, “We are grateful to the Bursa Malaysia for their approval of our IPO on the ACE Market. This listing is a pivotal step in elevating KJTS’ profile and further extending our market reach across Malaysia, Singapore, and Thailand. The IPO also opens doors to capital markets, enabling us to secure funding for our next phase of growth and expansion, particularly in our cooling energy segment.”

KC Lee further added, “The funds raised will significantly contribute to our strategic plans, including the expansion of our cooling energy segment in Malaysia and our operational presence in Malaysia, Singapore and Thailand. This move aligns with our long-term vision to solidify the Group’s position as a leading provider in the building support services industry.”

Hong Leong Investment Bank Berhad is the Principal Adviser, Sponsor, Sole Underwriter and Sole Bookrunner.

KJTS Group Berhad: http://www.kjts.com.my

Nasdaq-Listed AGAPE Forges Ahead with Sustainable Energy Business

KUALA LUMPUR, Nov 8, 2023 – (ACN Newswire) – Homegrown Nasdaq listed AGAPE ATP Corporation (“ATPC” or the “Company”; stock code: ATPC) intends to finance the construction of 50 electric vehicle (“EV”) charging stations by Volt Industries Sdn. Bhd. (“Volt Industries”) in Pahang as part of the Company’s strategy to develop and offer sustainable energy solutions.

Datuk Tay Say Jim, Dato Sri Dr How Kok Choong, YB Dato' Mohamad Nizar bin Dato' Sri Mohamad Najib and Edward Ang Mou Lee [L-R] — Datuk Tay Say Jim, Dato Sri Dr How Kok Choong, YB Dato’ Mohamad Nizar bin Dato’ Sri Mohamad Najib and Edward Ang Mou Lee [L-R]

ATPC recently signed a Memorandum of Agreement (MoA) with Volt Industries, in which the Company also intends to acquire a 51% stake in Volt Industries, a developer of EV charging stations based in Pahang. ATPC, which was recently listed on Nasdaq, specializes in sustainable global ‘wellness’ ecosystem and the development and production of advanced technology solutions for the energy sector.

The MoA was attended by founder and Chief Executive Officer (CEO) of ATPC Dato’ Sri Dr. How Kok Choong, CEO of Volt Industries Datuk Tan Say Jim, founder and CEO of Oriental Industries Enterprise Sdn. Bhd. Edward Ang Mou Lee and witnessed by Member of the Pahang State Executive Council, YB Dato’ Mohamad Nizar bin Dato’ Sri Mohamad Najib.

Dato’ Sri Dr. How Kok Choong, the founder of AGAPE ATP, said: “Our recent IPO on Nasdaq was just the beginning. This MoA signifies ATPC’s expansion into the sustainable energy space, reflecting our ambitions on both the local and global stages. In forging this partnership with Volt Industries, we’re not merely building charging stations, we’re powering Malaysia’s sustainable future. This partnership underscores our unyielding commitment to spearheading a green transformation on the global stage.”

He explained, “The main purpose of this transformative partnership is ATPC’s strategic venture into Volt Industries, acquiring 51% share, where this acquisition underscores ATPC’s plans to be at the forefront of Malaysia’s EV transformation. This project will be funded privately, with no government subsidies.”

Under the MoA, ATPC will explore the project’s financial viability by securing primary funding as well as seeking additional capital from other avenues. Volt Industries will initiate the project’s groundwork, including acquiring all necessary permits and licenses as well as ensure full compliance with local regulations together with construction work.

Datuk Tan Say Jim, Chief Executive Officer of Volt Industries said, “Our technical expertise spans the entire value chain from design to operations and we see our expertise and strengths complimenting ATPC’s strategies and corporate direction. We look forward to working with ATPC to roll out the 50 EV charging stations across Pahang that will reshape the state’s transportation landscape.”

On the same day, ATPC also signed a MoA with Oriental Industries Enterprise Sdn. Bhd. (“OIE”), a company focusing on cutting-edge EV battery development, with the intent to form a Special Purpose Vehicle Company (SPV) providing and promoting the development of renewable energy in Malaysia. Both ATPC and OIE will hold 50% shares in the SPV.

AGAPE ATP Corporation: [Nasdaq: ATPC], https://www.agapeatpgroup.com/

Artroniq Spearheads Electric Revolution with Offcial Launch of United E-Motor in Malaysia

KUALA LUMPUR, Oct 30, 2023 – (ACN Newswire) – Artroniq Berhad (“Artroniq”), a key contender on the ACE Market, with its’ game-changing move for the Malaysian electric vehicle industry, has introduced the highly anticipated United E-Motor to the Malaysian market. This collaboration with the flagship electric motorcycle brand of Indonesian manufacturer PT. Terang Dunia Internusa (“PT TDI”) signifies Artroniq’s forward-thinking vision and commitment to sustainable innovations, offering promising investment opportunities.

Mr. Marcus Chin Choon Wei, CFO of Artroniq; His Excellency (H.E) Dato' Indera Hermono, Ambassador Extraordinary and Plenipotentiary of the Republic of Indonesia to Malaysia; Bapak Henry Mulyadi, Founder of United e-Motor — Mr. Marcus Chin Choon Wei, CFO of Artroniq; His Excellency (H.E) Dato’ Indera Hermono, Ambassador Extraordinary and Plenipotentiary of the Republic of Indonesia to Malaysia; Bapak Henry Mulyadi, Founder of United e-Motor

The launch event, set for 2:00 pm on 30th October 2023 at Pavilion Bukit Jalil’s Piazza, will be more than just a product introduction. Alongside electric motorcycle stunt performances, attendees will experience firsthand the prowess of the TX3000 and TX1800 models. The TX3000 boasts a top speed of 90 km/h and a range of 120 km on a single charge, while the TX1800 charges from 0-80% within just 1.5 hours. Both models epitomize modern convenience with features such as built-in Bluetooth, a dedicated mobile app, and more.

The collaboration between seasoned Indonesian brand United E-Motor and Artroniq Bhd is a testament to Artroniq’s strategic foresight. This partnership, formalized in September 2023, allows Artroniq to not only bring electric mobility to the Malaysian masses but also to integrate United E-Motor’s advanced proprietary technology and assembly processes, further strengthening Artroniq’s position in the market.

Moreover, with Malaysia being the maiden country to welcome this iconic Indonesian brand, Artroniq is slated to open experiential concept stores in three prime locations, amplifying its footprint and accessibility.

Mr. Marcus Chin Choon Wei, CFO of Artroniq, commented, “Today marks a significant stride in Artroniq’s journey towards fostering sustainable electric mobility in the Malaysian market. We’re exceptionally glad to collaborate with PT. Terang Dunia Internusa, a pioneer in this domain. This collaboration not only solidifies our position in the market but also stands as a testament to our commitment towards offering groundbreaking solutions for our stakeholders. I’m confident that our partnership with United E-Motor will unlock unparalleled value for our investors and contribute to a greener future.”

It’s noteworthy that these state-of-the-art electric motorcycles were the chosen mode of transport for world leaders at the 2022 G20 summit. With Artroniq at the helm of this introduction, Malaysian investors and consumers can anticipate a transformative impact on the country’s transportation landscape.

Given the synergy between United E-Motor’s legacy and Artroniq’s robust capabilities, the partnership is poised for exponential growth. Ventures into the manufacturing of electric motorcycle batteries, chargers, and the groundbreaking concept of battery swapping stations highlight Artroniq’s ambition and potential for expansive growth.

As at 27 October 2023, the share price of Artroniq is RM0.85, representing a market capitalisation of RM342.0 million.

Artroniq Bhd: 0038 [BURSA: ARTRONIQ] [RIC: ARTR.KL] [BBG: ARTRONIQ:MK], https://www.artroniq.com/