New Toyo International Holdings Ltd: Update on Proposed Venture by Subsidiary Tien Wah Press Holdings Berhad

Key Developments

• Proposed Venture: New Toyo International Holdings Ltd (“New Toyo” or the “Company”) has announced that its subsidiary, Tien Wah Press Holdings Berhad (“TWPH”), which is listed on Bursa Malaysia, will be entering into a proposed venture. The venture involves a collaboration between Lum Chang Tien Wah Property Sdn. Bhd. and MyTeleHaus Sdn. Bhd.
• Official Announcement: This announcement was formally issued by TWPH and shared by the parent company, New Toyo.

Financial Impact

• Net Tangible Assets & Earnings: According to the report, the proposed venture is not expected to have a material impact on the Group’s net tangible assets per share or earnings per share for the financial year ending 31 December 2025.
• Price Sensitivity: As the financial effects have been stated as not material, there is no anticipated significant impact on the share price in the near term based on current information.

Shareholder & Director Interests

• Directors’ & Shareholders’ Interests: The Company has clarified that none of its directors or controlling shareholders have any direct or indirect interests in the Proposed Venture, except through their shareholdings in the Company.
• Corporate Governance: This statement is important for transparency and ensures that there are no conflicts of interest related to this business initiative.

What Investors Should Know

• The Proposed Venture represents a business development initiative involving the Company’s subsidiary, in partnership with established entities (Lum Chang Tien Wah Property Sdn. Bhd. and MyTeleHaus Sdn. Bhd.).
• As of the latest disclosure, the financial impact is expected to be non-material for FY2025, which suggests limited immediate upside or downside for shareholders based solely on this transaction.
• No directors or major shareholders are involved in the deal beyond their general shareholding, reducing the risk of related party transactions.
• Investors should monitor subsequent announcements for any updates on the venture’s progress, as future developments could alter the financial impact or strategic significance.

Conclusion

While the announcement signals continued efforts by Tien Wah Press Holdings Berhad to explore strategic partnerships and ventures, the current assessment indicates no material impact on the Company’s earnings or assets for the next financial year. As such, this news is not expected to be price-sensitive at this stage. Investors are encouraged to stay updated with further details or changes to the venture’s expected impact.

Disclaimer: This article is for informational purposes only and does not constitute investment advice. Investors should conduct further research or consult their financial advisors before making investment decisions. The information is based on a company-issued announcement and may be subject to change.

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