Sunzen Biotech Berhad

KUALA LUMPUR: Stocks to watch on Monday include Tenaga Nasional Bhd (TNB), NCT Alliance Bhd, PBA Holdings Bhd, Top Glove Corp Bhd and Sunzen Biotech Bhd

Additional Listing Announcement /Subdivision of Shares

Additional Listing Announcement /Subdivision of Shares

Notice of Person Ceasing (Section 139 of CA 2016) - MADAM CHEN KIM LIAN

Additional Listing Announcement /Subdivision of Shares

TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : NON RELATED PARTY TRANSACTIONSSUNZEN BIOTECH BERHAD ("SUNZEN")

PROPOSED ACQUISITIONS BY SUNZEN OF THE REMAINING 30% EQUITY INTEREST IN:

(I) ECOLITE BIOTECH MANUFACTURING SDN BHD(ECOLITE"), A 70%-OWNED SUBSIDIARY OF SUNZEN FOR A PURCHASE CONSIDERATION OF RM15.00 MILLION; AND

(II)YANMING RESOURCES SDN BHD, A 70%-OWNED SUBSIDIARY OF ECOLITE FOR A PURCHASE CONSIDERATION OF RM4.50 MILLION,

TO BE SATISFIED ENTIRELY BY THE ISSUANCE OF 66,101,694 NEW SUNZEN SHARES

(COLLECTIVELY, THE "PROPOSED ACQUISITIONS")

Additional Listing Announcement /Subdivision of Shares

Additional Listing Announcement /Subdivision of Shares

TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : NON RELATED PARTY TRANSACTIONSSUNZEN BIOTECH BERHAD ("SUNZEN" OR "COMPANY")

PROPOSED ACQUISITIONS OF THE REMAINING 30% EQUITY INTEREST IN:
(I) ECOLITE BIOTECH MANUFACTURING SDN BHD ("ECOLITE"), A 70%-OWNED SUBSIDIARY OF SUNZEN FOR A PURCHASE CONSIDERATION OF RM15.00 MILLION; AND
(II) YANMING RESOURCES SDN BHD, A 70%-OWNED SUBSIDIARY OF ECOLITE, FOR A PURCHASE CONSIDERATION OF RM4.50 MILLION,
TO BE SATISFIED ENTIRELY BY THE ISSUANCE AND ALLOTMENT OF NEW SUNZEN SHARES

(COLLECTIVELY, "PROPOSED ACQUISITIONS")

Additional Listing Announcement /Subdivision of Shares

Additional Listing Announcement /Subdivision of Shares

Changes in Sub. S-hldr's Int (Section 138 of CA 2016) - MR TEO YEK MING

Changes in Director's Interest (Section 219 of CA 2016) - MR TEO YEK MING

DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS) : Dealings Outside Closed Period

Additional Listing Announcement /Subdivision of Shares

Titan Weekend Chart Reviews

$SUNZEN / 0148 (SUNZEN BIOTECH BERHAD)

Had a huge breakout from its RM 0.37 major resistance levels, breaking out all the way towards the RM 0.40 regions with huge volume and buying momentum.

For now as long as able to sustain above its RM 0.355 immediate support, could continue on towards and beyond the RM 0.42 - RM 0.44+ regions soon.

Overall uptrend very healthy and strong here.

Support: RM 0.37, RM 0.355 areas
Resistance: RM 0.40, RM 0.42, RM 0.44 areas

Consolidated results for the financial period ended 31/03/2024

PROVISION OF FINANCIAL ASSISTANCE

Additional Listing Announcement /Subdivision of Shares

Titan Weekend Chart Reviews

$SUNZEN / 0148 (SUNZEN BIOTECH BERHAD)

Had been trending upwards here but recently retraced slightly back towards the RM 0.34+ main support level on the daily chart.

For now seems to be able to hold here and if able to sustain as a higher low, could continue on towards and beyond the RM 0.37+ regions soon.

Support: RM 0.335 area
Resistance: RM 0.35, RM 0.37, RM 0.385 areas

Additional Listing Announcement /Subdivision of Shares

KUALA LUMPUR: Sunzen Biotech Bhd has proposed to acquire 70% stake in Eye Nation Medical Sdn Bhd for RM6.37mil.

TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : NON RELATED PARTY TRANSACTIONSSUNZEN BIOTECH BERHAD ("THE COMPANY" OR "SUNZEN")
- PROPOSED ACQUISITION OF SHARES IN EYE NATION MEDICAL SDN. BHD. BY THE COMPANY

TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : NON RELATED PARTY TRANSACTIONSSUNZEN BIOTECH BERHAD ("SUNZEN" OR "COMPANY")

PROPOSED ACQUISITIONS OF THE REMAINING 30% EQUITY INTEREST IN:
(I) ECOLITE BIOTECH MANUFACTURING SDN BHD, A 70%-OWNED SUBSIDIARY OF SUNZEN FOR A PURCHASE CONSIDERATION OF RM18.00 MILLION; AND
9II) YANMING RESOURCES SDN BHD, A 70%-OWNED SUBSIDIARY OF ECOLITE BIOTECH MANUFACTURING SDN BHD FOR A PURCHASE CONSIDERATION OF RM6.00 MILLION,

TO BE SATISFIED BY WAY OF CASH AND ISSUANCE OF NEW SUNZEN SHARES
(COLLECTIVELY, THE "PROPOSED ACQUISITIONS")

OTHERSSUNZEN BIOTECH BERHAD ("THE COMPANY" OR "SUNZEN")
- SUBSCRIPTION OF SHARES IN FARMERS INTERNATIONAL HOLDING SDN. BHD. BY ECOLITE BIOTECH MANUFACTURING SDN. BHD., A SEVENTY PERCENT (70%) OWNED SUBSIDIARY OF SUNZEN

$SUNZEN / 0148 (SUNZEN BIOTECH BERHAD)

PROVISION OF FINANCIAL ASSISTANCE

KUALA LUMPUR: Sunzen Biotech Bhd today announced that it has started the process to shut down its loss-making animal health division to reduce the financial expenditures and strengthen the financial performance of the company.

© New Straits Times Press (M) Bhd

KUALA LUMPUR: Sunzen Biotech Bhd has announced it is shutting down its loss-making animal health division as part of efforts to bring up the group's financial performance.

OTHERSSUNZEN BIOTECH BERHAD
- CESSATION OF BUSINESS OPERATIONS FOR ANIMAL HEALTH DIVISION