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tccroy Elite	18-Sep-2025 12:43        tccroy About Contact  Quote this Post!
x 0   x 0  Alert Admin	Finger crossed piscesmonkey      ( Date: 18-Sep-2025 11:50) Posted: Seldom halt for zixin. Must be big news spursfan      ( Date: 18-Sep-2025 11:42) Posted:   request halt  during trading session , what news can it be.
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piscesmonkey Supreme	18-Sep-2025 11:50        piscesmonkey About Contact  Quote this Post!
x 0   x 0  Alert Admin	Seldom halt for zixin. Must be big news spursfan      ( Date: 18-Sep-2025 11:42) Posted:   request halt  during trading session , what news can it be.
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spursfan Supreme	18-Sep-2025 11:42        spursfan About Contact  Quote this Post!
x 0   x 0  Alert Admin	request halt  during trading session , what news can it be.
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Wesley Member	18-Sep-2025 11:19        Wesley About Contact  Quote this Post!
x 0   x 0  Alert Admin	Big announcement coming
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Kilatkilat Veteran	15-Sep-2025 12:31        Kilatkilat About Contact  Quote this Post!
x 0   x 0  Alert Admin	Today top volume leh. Why so quiet? Vested big in here.
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TraderBen Supreme	05-Sep-2025 14:09        TraderBen About Contact  Quote this Post!
x 0   x 0  Alert Admin	going to fall alseep soon Kilatkilat      ( Date: 05-Sep-2025 14:07) Posted: Got it. My team will push it up pretty soon. LoudShout      ( Date: 05-Sep-2025 13:43) Posted: --- Post Removed by User ---
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Kilatkilat Veteran	05-Sep-2025 14:07        Kilatkilat About Contact  Quote this Post!
x 0   x 0  Alert Admin	Got it. My team will push it up pretty soon. LoudShout      ( Date: 05-Sep-2025 13:43) Posted: --- Post Removed by User ---
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Wesley Member	20-Aug-2025 09:45        Wesley About Contact  Quote this Post!
x 0   x 0  Alert Admin	Hope to pick up another 2 mil at 0.03 Target accumulative of 16 mil shares. Then keep it for 24 months.
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agoago Member	14-Aug-2025 10:39        agoago About Contact  Quote this Post!
x 0   x 0  Alert Admin	Sharing a good analysis on this counter  https://tinyurl.com/45nhb6dn Hope it can go up soon :)
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Kilatkilat Veteran	04-Aug-2025 17:08        Kilatkilat About Contact  Quote this Post!
x 0   x 0  Alert Admin	Haha. You are still stuck here. Align with Khoo to TOTM! LoudShout      ( Date: 04-Aug-2025 16:16) Posted: --- Post Removed by User ---
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TraderBen Supreme	30-Jul-2025 15:52        TraderBen About Contact  Quote this Post!
x 0   x 0  Alert Admin	cannot bring the company forward whatever khoo also no use.. u see Popiah king and OHL also invested in MM2.. end up?? they r big boys with small change to lose Kilatkilat      ( Date: 30-Jul-2025 08:09) Posted: Who want to buy a basket of sweet potatoes and throw to management at agm today? Got chance to see and hear Thormas Khoo today. Kilatkilat      ( Date: 29-Jul-2025 16:19) Posted: With this big trading volume today, it can be sure that top 20 shareholders were also trading. Whether they bought or sold, it is everyone guess.
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Goodgoing Master	30-Jul-2025 15:45        Goodgoing About Contact  Quote this Post!
x 0   x 0  Alert Admin	Support 32 break,next support 28,don't pick fall durian lo
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Kilatkilat Veteran	30-Jul-2025 08:09        Kilatkilat About Contact  Quote this Post!
x 0   x 0  Alert Admin	Who want to buy a basket of sweet potatoes and throw to management at agm today? Got chance to see and hear Thormas Khoo today. Kilatkilat      ( Date: 29-Jul-2025 16:19) Posted: With this big trading volume today, it can be sure that top 20 shareholders were also trading. Whether they bought or sold, it is everyone guess. Kilatkilat      ( Date: 29-Jul-2025 09:36) Posted: No choice lah. But have to be align with Thormas Khoo. He now comes in liao.
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Kilatkilat Veteran	29-Jul-2025 16:19        Kilatkilat About Contact  Quote this Post!
x 0   x 0  Alert Admin	With this big trading volume today, it can be sure that top 20 shareholders were also trading. Whether they bought or sold, it is everyone guess. Kilatkilat      ( Date: 29-Jul-2025 09:36) Posted: No choice lah. But have to be align with Thormas Khoo. He now comes in liao. TraderBen      ( Date: 29-Jul-2025 09:29) Posted: Good that u choose prata.. smart move..
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Kilatkilat Veteran	29-Jul-2025 09:36        Kilatkilat About Contact  Quote this Post!
x 0   x 0  Alert Admin	No choice lah. But have to be align with Thormas Khoo. He now comes in liao. TraderBen      ( Date: 29-Jul-2025 09:29) Posted: Good that u choose prata.. smart move..  Kilatkilat      ( Date: 28-Jul-2025 10:22) Posted: SIAS queries made me change my mind totally. Hence, good luck for those who continue to hold it.
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TraderBen Supreme	29-Jul-2025 09:29        TraderBen About Contact  Quote this Post!
x 0   x 0  Alert Admin	Good that u choose prata.. smart move..  Kilatkilat      ( Date: 28-Jul-2025 10:22) Posted: SIAS queries made me change my mind totally. Hence, good luck for those who continue to hold it. Kilatkilat      ( Date: 28-Jul-2025 09:43) Posted: Ya ya. This company is not good for investment.
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Goodgoing Master	29-Jul-2025 09:25        Goodgoing About Contact  Quote this Post!
x 0   x 0  Alert Admin	Despite having sufficient cash on hand, the company keeps raising funds through equity issuance, which is puzzling. At the same time, Thomas Khoo continues to accumulate shares ? it?s unclear whether he?s signaling confidence or pursuing another agenda. sklong138      ( Date: 29-Jul-2025 09:07) Posted: Market reacted negativity arising from SIAS' s queries and Zixin' s responses which is in line with my impartial assessment  sklong138      ( Date: 26-Jul-2025 10:04) Posted: My overall impartial assessment of Zixin' s responses to SIAS' s queries as follows:' Based on a thorough review of Zixin Group' s responses to SIAS, my impartial assessment identifies **significant strengths in operational disclosures but material weaknesses in governance justification**, particularly regarding shareholder equity and information parity. Key observations with reasons:   ### **Strengths** 1. **Operational Clarity (Q1):**        - Provided precise manufacturing data (13,700-tonne capacity, 76% utilization).        - Detailed Hainan expansion milestones (land development progress, JV structure, 3% stake) with clear capital commitments (RMB 3.6M funded internally).        *&rarr Demonstrates transparency on tangible projects.*      2. **Forward-Looking Risk Management:**        - Explicitly linked recycling segment potential to China&rsquo s soy-reduction policy (April 2023 action plan).        - Highlighted cash reserves (RMB 183M) and liquidity as buffers against geopolitical/economic risks.        *&rarr Contextualizes strategic decisions amid uncertainty.*      ---   ### **Weaknesses & Concerns** 1. **Inadequate Fundraising Justification (Q1iv):**        - **Critical Issue:** Failed to reconcile the *dilutive* rights issue (44% discount to TERP) with pre-existing cash reserves (RMB 156M).        - Independent directors cited generic " expansion" needs but omitted:          - Cost-benefit analysis for choosing dilution over internal funding.          - Specific thresholds for warrant exercise proceeds.        *&rarr Raises questions about capital allocation prudence.*      2. **PSP Grant Deficiencies (Q2):**        - **No Performance Link:** Admitted grants were retention tools, not tied to KPIs or sector benchmarks.        - **Disproportionate Awards:**          - " Administration Manager" received 30M shares (49% of total PSP) vs. CFO&rsquo s 1M shares.          - No rationale for skew toward non-C-suite roles.        - **Accounting Ambiguity:** Classified CFO&rsquo s shares as " Other Benefits" &ndash obscures true compensation.        *&rarr Undermines remuneration governance suggests ad hoc rewards.*      3. **Selective Disclosure Risks (Q3):**        - Contradicted IR Policy by confirming:          - Substantial shareholder received private updates on " near-term expansion targets."           - Shareholder increased stakes *after* meetings where targets were discussed.        - Training disclosure (" directors informed of policy" ) lacks evidence of enforcement.        *&rarr Fails to dispel information asymmetry concerns.*      4. **Market-Sizing Evasion (Q1ii):**        - Dismissed addressable market quantification for the recycling segment as " unable to gauge."         - No substitute metrics (e.g., regional demand studies) provided despite citing regulatory tailwinds.        *&rarr Weakens growth narrative credibility.*      ---   ### **Overall Assessment**    | **Area** | **Rating** | **Reason** |    |------------------------|------------|----------------------------------------------------------------------------|    | **Operational Transparency** | Good | Concrete data on capacity, projects, and cash flow. |    | **Governance Rigor** | Poor | Unjustified dilution, non-aligned PSP grants, IR policy breaches. |    | **Risk Communication** | Moderate | Acknowledged external uncertainties but omitted key financial rationales. |      **Conclusion:** Zixin&rsquo s responses adequately address *factual* queries (e.g., project status, capacity) but **expose material governance gaps** in capital raising, executive compensation, and fair disclosure. The lack of performance linkages for PSP grants and failure to justify dilution amid strong liquidity are particularly concerning for minority shareholders. SIAS/SGX may require follow-up on these points.
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sklong138 Elite	29-Jul-2025 09:07        sklong138 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Market reacted negativity arising from SIAS' s queries and Zixin' s responses which is in line with my impartial assessment  sklong138      ( Date: 26-Jul-2025 10:04) Posted: My overall impartial assessment of Zixin' s responses to SIAS' s queries as follows:' Based on a thorough review of Zixin Group' s responses to SIAS, my impartial assessment identifies **significant strengths in operational disclosures but material weaknesses in governance justification**, particularly regarding shareholder equity and information parity. Key observations with reasons:   ### **Strengths** 1. **Operational Clarity (Q1):**        - Provided precise manufacturing data (13,700-tonne capacity, 76% utilization).        - Detailed Hainan expansion milestones (land development progress, JV structure, 3% stake) with clear capital commitments (RMB 3.6M funded internally).        *&rarr Demonstrates transparency on tangible projects.*      2. **Forward-Looking Risk Management:**        - Explicitly linked recycling segment potential to China&rsquo s soy-reduction policy (April 2023 action plan).        - Highlighted cash reserves (RMB 183M) and liquidity as buffers against geopolitical/economic risks.        *&rarr Contextualizes strategic decisions amid uncertainty.*      ---   ### **Weaknesses & Concerns** 1. **Inadequate Fundraising Justification (Q1iv):**        - **Critical Issue:** Failed to reconcile the *dilutive* rights issue (44% discount to TERP) with pre-existing cash reserves (RMB 156M).        - Independent directors cited generic " expansion" needs but omitted:          - Cost-benefit analysis for choosing dilution over internal funding.          - Specific thresholds for warrant exercise proceeds.        *&rarr Raises questions about capital allocation prudence.*      2. **PSP Grant Deficiencies (Q2):**        - **No Performance Link:** Admitted grants were retention tools, not tied to KPIs or sector benchmarks.        - **Disproportionate Awards:**          - " Administration Manager" received 30M shares (49% of total PSP) vs. CFO&rsquo s 1M shares.          - No rationale for skew toward non-C-suite roles.        - **Accounting Ambiguity:** Classified CFO&rsquo s shares as " Other Benefits" &ndash obscures true compensation.        *&rarr Undermines remuneration governance suggests ad hoc rewards.*      3. **Selective Disclosure Risks (Q3):**        - Contradicted IR Policy by confirming:          - Substantial shareholder received private updates on " near-term expansion targets."           - Shareholder increased stakes *after* meetings where targets were discussed.        - Training disclosure (" directors informed of policy" ) lacks evidence of enforcement.        *&rarr Fails to dispel information asymmetry concerns.*      4. **Market-Sizing Evasion (Q1ii):**        - Dismissed addressable market quantification for the recycling segment as " unable to gauge."         - No substitute metrics (e.g., regional demand studies) provided despite citing regulatory tailwinds.        *&rarr Weakens growth narrative credibility.*      ---   ### **Overall Assessment**    | **Area** | **Rating** | **Reason** |    |------------------------|------------|----------------------------------------------------------------------------|    | **Operational Transparency** | Good | Concrete data on capacity, projects, and cash flow. |    | **Governance Rigor** | Poor | Unjustified dilution, non-aligned PSP grants, IR policy breaches. |    | **Risk Communication** | Moderate | Acknowledged external uncertainties but omitted key financial rationales. |      **Conclusion:** Zixin&rsquo s responses adequately address *factual* queries (e.g., project status, capacity) but **expose material governance gaps** in capital raising, executive compensation, and fair disclosure. The lack of performance linkages for PSP grants and failure to justify dilution amid strong liquidity are particularly concerning for minority shareholders. SIAS/SGX may require follow-up on these points.
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Kilatkilat Veteran	29-Jul-2025 09:06        Kilatkilat About Contact  Quote this Post!
x 0   x 0  Alert Admin	Non executive director resigned. SIAS raised its query on governance. Good luck for those who continue to hold it! Kilatkilat      ( Date: 28-Jul-2025 10:22) Posted: SIAS queries made me change my mind totally. Hence, good luck for those who continue to hold it. Kilatkilat      ( Date: 28-Jul-2025 09:43) Posted: Ya ya. This company is not good for investment.
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Goodgoing Master	28-Jul-2025 14:14        Goodgoing About Contact  Quote this Post!
x 0   x 0  Alert Admin	It's really bad enough that the stock price has not even risen and it's being questioned. Kilatkilat      ( Date: 28-Jul-2025 10:22) Posted: SIAS queries made me change my mind totally. Hence, good luck for those who continue to hold it. Kilatkilat      ( Date: 28-Jul-2025 09:43) Posted: Ya ya. This company is not good for investment.
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