SALUTE
Salutica Berhad
Company Background
Titan Trading Notes For Tuesday [3/12/2024]
$KLCI had a slight rebound back towards the 1595 points region with an overall mixed market sentiment as we still saw almost 550 counters closing red for the day. Daily trading volume dipped back towards the 2.8 billion mark, which is just average for now.
Main stocks that showed a strong buying momentum would be the likes of SALUTE, SIMEPROP, MYEG, YNHPROP, NATGATE, MICROLN, 99SMART, GENETEC, MKHOP, PMETAL, JTIASA, and KAB. All of which were able to sustain their rallies throughout the day despite the mixed market sentiment.
$SALUTE / 0183 (SALUTICA BERHAD) since breaking out from its RM 0.50+ major resistance levels last week, had a huge breakout all the way today towards the RM 0.71+ major resistance levels with huge volume and buying momentum today.
So far looking very strong here and seems like something big could be brewing here. For now as long as able to sustain above its RM 0.675 immediate support, could continue on towards and beyond its RM 0.75 - RM 0.77+ major resistance levels soon.
Will be monitoring SALUTE closely here.
$99SMART / 5326 (99 SPEED MART RETAIL HOLDINGS BERHAD) ince breaking out towards the RM 2.50+ all time high levels, had been retracing and consolidating over the past 2 months here with RM 2.30+ as the main support levels.
Today, it was able to breakout strong from its RM 2.42+ immediate downtrend resistance with good volume and buying momentum, even closing on its intraday high of RM 2.44. For now as long as able to hold, could trend back up towards the RM 2.50+ regions soon.
Will be monitoring 99SMART closely here to see how far it can go.
$NE / 0325 (NORTHEAST GROUP BERHAD) ince retracing all the way back towards the RM 0.61+ major support levels over the past 2 weeks, was able to form a solid base and broke out from its RM 0.66+ immediate downtrend resistance with good volume and buying momentum today.
For now looking quite strong here and as long as able to sustain above its RM 0.64+ immediate support, could trend back up towards the RM 0.685 - RM 0.70+ major resistance levels for an uptrend continuation pattern.
Will be monitoring NE closely here.
KUALA LUMPUR: The intraday short selling (IDSS) of Salutica Bhd's shares has been suspended for the rest of the day after its last done price dropped more than 15 per cent or five sen from its reference price.
MATERIAL LITIGATIONORIGINATING CLAIM AND STATEMENT OF CLAIM FILED AGAINST APPLE SOUTH ASIA PTE. LTD. ("APPLE" OR "DEFENDANT") BY SALUTICA ALLIED SOLUTIONS SDN. BHD. ("SAS" OR "CLAIMANT"), A WHOLLY-OWNED SUBSIDIARY OF SALUTICA BERHAD ("SALUTICA" OR "THE COMPANY") IN THE HIGH COURT OF THE REPUBLIC OF SINGAPORE (ORIGINATING CLAIM NO:HC/OC 782/2023)
Changes in Director's Interest (Section 219 of CA 2016) - MR LOW TENG LUM
DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS) : Dealings Outside Closed Period
MATERIAL LITIGATIONWRIT OF SUMMONS ("WRIT") AND STATEMENT OF CLAIM ("SOC") FILED AGAINST NUHEARA LIMITED ("NUHEARA" OR "DEFENDANT") BY SALUTICA ALLIED SOLUTIONS SDN. BHD. ("SAS" OR "PLAINTIFF"), A WHOLLY-OWNED SUBSIDIARY OF SALUTICA BERHAD ("SALUTICA" OR THE "COMPANY") KUALA LUMPUR HIGH COURT SUIT NO: WA-22NCC-406-06/2024
MATERIAL LITIGATIONORIGINATING CLAIM AND STATEMENT OF CLAIM FILED AGAINST APPLE SOUTH ASIA PTE. LTD. ("APPLE" OR "DEFENDANT") BY SALUTICA ALLIED SOLUTIONS SDN. BHD. ("SAS" OR "CLAIMANT"), A WHOLLY-OWNED SUBSIDIARY OF SALUTICA BERHAD ("SALUTICA" OR "THE COMPANY") IN THE HIGH COURT OF THE REPUBLIC OF SINGAPORE (ORIGINATING CLAIM NO:HC/OC 782/2023)
MATERIAL LITIGATIONMATERIAL LITIGATION WRIT OF SUMMONS AND STATEMENT OF CLAIM FILED AGAINST PARADIGM METAL INDUSTRIES SDN. BHD. ("PMI" OR "DEFENDAN") BY SALUTICA ALLIED SOLUTIONS SDN. BHD. ("SAS" OR "PLAINTIFF"), A WHOLLY-OWNED SUBSIDIARY OF SALUTICA BERHAD ("SALUTICA" OR THE "COMPANY") PENANG HIGH COURT SUIT NO:PA-22NCvC-130-08/2023
Quarterly rpt on consolidated results for the financial period ended 31/03/2024
Change of Company Secretary - CHONG LAY KIM
Change of Company Secretary - KHAW TEIK THYE
Change of Address
Change of Company Secretary - MASTURA BINTI MUHAMAD
Change of Company Secretary - WONG YEE LENG
MATERIAL LITIGATIONORIGINATING CLAIM AND STATEMENT OF CLAIM FILED AGAINST APPLE SOUTH ASIA PTE. LTD. ("APPLE" OR "DEFENDANT") BY SALUTICA ALLIED SOLUTIONS SDN. BHD. ("SAS" OR "CLAIMANT"), A WHOLLY-OWNED SUBSIDIARY OF SALUTICA BERHAD ("SALUTICA" OR "THE COMPANY") IN THE HIGH COURT OF THE REPUBLIC OF SINGAPORE (ORIGINATING CLAIM NO: HC/OC 782/2023)
MATERIAL LITIGATIONORIGINATING CLAIM AND STATEMENT OF CLAIM FILED AGAINST APPLE SOUTH ASIA PTE. LTD. ("APPLE" OR "DEFENDANT") BY SALUTICA ALLIED SOLUTIONS SDN. BHD. ("SAS" OR "CLAIMANT"), A WHOLLY-OWNED SUBSIDIARY OF SALUTICA BERHAD ("SALUTICA" OR "THE COMPANY") IN THE HIGH COURT OF THE REPUBLIC OF SINGAPORE (ORIGINATING CLAIM NO: HC/OC 782/2023)
MATERIAL LITIGATIONWRIT OF SUMMONS AND STATEMENT OF CLAIM FILED AGAINST APPLE MALAYSIA SDN. BHD. ("APPLE" OR "DEFENDANT") BY SALUTICA ALLIED SOLUTIONS SDN. BHD. ("SAS" OR "PLAINTIFF"), A WHOLLY-OWNED SUBSIDIARY OF SALUTICA BERHAD ("SALUTICA" OR "THE COMPANY") KUALA LUMPUR HIGH COURT SUIT NO: WA-22IP-1-01/2022
DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS) : Dealings Outside Closed Period
Changes in Director's Interest (Section 219 of CA 2016) - MR CHIA CHEE HOONG
Change in Audit Committee - MADAM TAN GIM MAY
Change in Boardroom - MADAM TAN GIM MAY
Change in Audit Committee - MR CHIA CHEE HOONG
Change in Nomination and Remuneration Committee - MR CHIA CHEE HOONG
Change in Nomination and Remuneration Committee - MADAM TAN GIM MAY
Quarterly rpt on consolidated results for the financial period ended 31/12/2023
MATERIAL LITIGATIONORIGINATING CLAIM AND STATEMENT OF CLAIM FILED AGAINST APPLE SOUTH ASIA PTE. LTD. ("APPLE" OR "DEFENDANT") BY SALUTICA ALLIED SOLUTIONS SDN. BHD. ("SAS" OR "CLAIMANT"), A WHOLLY-OWNED SUBSIDIARY OF SALUTICA BERHAD ("SALUTICA" OR "THE COMPANY") IN THE HIGH COURT OF THE REPUBLIC OF SINGAPORE (ORIGINATING CLAIM NO: HC/OC 782/2023)
MATERIAL LITIGATIONWRIT OF SUMMONS AND STATEMENT OF CLAIM FILED AGAINST APPLE MALAYSIA SDN. BHD. ("APPLE" OR "DEFENDANT") BY SALUTICA ALLIED SOLUTIONS SDN. BHD. ("SAS" OR "PLAINTIFF"), A WHOLLY-OWNED SUBSIDIARY OF SALUTICA BERHAD ("SALUTICA" OR "THE COMPANY") KUALA LUMPUR HIGH COURT SUIT NO: WA-22IP-1-01/2022
MATERIAL LITIGATIONWRIT OF SUMMONS AND STATEMENT OF CLAIM FILED AGAINST APPLE MALAYSIA SDN. BHD. ("APPLE" OR "DEFENDANT") BY SALUTICA ALLIED SOLUTIONS SDN. BHD. ("SAS" OR "PLAINTIFF"), A WHOLLY-OWNED SUBSIDIARY OF SALUTICA BERHAD ("SALUTICA" OR "THE COMPANY") KUALA LUMPUR HIGH COURT SUIT NO: WA-22IP-1-01/2022