The deemed interest is through his 40% stake in CCS Capital Sdn Bhd as well as holdings of his spouse Tan Kwee Kee and their son Chan Wee Kiang, who bought 2.11 million shares or a 1% stake that day. Group managing director Chan Choo Sing, who bought 8.26 million shares or a 3.93% stake on Nov 14, is deemed interested in another 42.68% stake. Executive director Chan Chow Tek, who bought 5.86 million shares or a 2.79% stake on Nov 14, is no longer deemed a substantial shareholder after Setia Sempurna’s disposal. Setia Sempurna Sdn Bhd sold the 24 million shares in five tranches on Nov 14 to members of the Chan family. The transacted price was just below the 40.5 sen to 41.5 sen the stock fetched on the open market that day. PCCS Group Bhd saw 24 million shares or an 11.43% stake change hands in five direct deals at 40 sen apiece, or RM9.6 million in total, on Nov 14. Goodway booked a net loss of RM28.72 million for the year ended June 30, 2019. Tai, who was instrumental in Goodway’s listing in 2004, no longer has any direct stake and was only deemed interested in 85,000 shares or a 0.07% stake after the disposals on Nov 14, filings show. Tai, who also sold Goodway shares on Nov 13, was previously the company’s largest shareholder with a 16.44% direct stake (19.98 million shares) and a 4.58% (5.56 million shares) indirect stake as at Oct 11, the group’s 2019 annual report shows. Ng likely bought the shares from Goodway group managing director and CEO Tai Boon Wee (sold 15.26 million shares), Massive Structure Sdn Bhd (sold 5.48 million shares) and Goodway executive director and first employee Alison Wong Ping Kiong (sold 3.54 million shares) as filings show the three collectively sold the same number of shares that day. Together with the 4.73 million shares that were traded at 16.5 sen each on Nov 13, a total of 29 million shares have changed hands in direct deals for RM4.79 million in total.Īccording to filings with Bursa Malaysia, ACE Market-listed payment solutions provider Revenue Group Bhd co-founder, managing director and CEO Eddie Ng Chee Siong emerged as Goodway’s largest shareholder with a 23.86% stake or 29 million shares after purchasing 24.27 million shares on Nov 14. The 24.27 million shares were transacted at 16.5 sen apiece, between the 16 sen and 17 sen the stock fetched on the open market that day. He with his management skills and in-depth knowledge of this domain has helped us in attaining a commendable position in this domain.GOODWAY Integrated Industries Bhd saw the emergence of a new largest shareholder after a 23.86% stake changed hands in four direct deals on Nov 14. Madan Azad, who holds expertise in his field of work. We were set up as a proprietorship firm and are managed by Mr. We exports our products to Paris, Germany, Oman and South Africa. With the aid of our large production capacity, we have been able to meet the bulk demands in the most efficient manner. Total transparency in all the business dealings is implemented in our organization since its inception, in a zest to attain maximum customer satisfaction. In addition to this, offered range is available with us in all the standard sizes, shapes and dimensions.īy following customer centric approach and ethical business polices, we have been able to win the trust of our valuable customers. To avoid any kind of damage while transportation, we offer these products with standardized packaging. For the purpose of manufacturing the offered range as per the industry set norms, the latest tools and advanced machinery are used by our team of skilled and experience technicians and engineers. Manufactured from quality assured materials, these products are appreciated for their rich attributes such as sturdy construction, seamless finish, ability to withstand high mechanical stress, dimensional accuracy and longer serving life. Inclusive of Goodlon Parts, Hydra JCB Spare Part Bush and Cast Nylon Ring, we offer a wide range of products. Goodway industries iso#Came into existence in the year 2006, an ISO 9001: 2008 certified Goodway Industries, are prominent manufacturers, suppliers, exporters and wholesalers of Cast Nylon and Goodlon Spare Parts.
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