\n Awaiting confirmation of contracts worth up to several Billions! <\/p>\n
KUALA
\u00a0Dato Seri Chia Kok Teong (middle), Vivocom’s CEO with Mr Patrick
“Vivocom is thrilled to share that it is in final negotiations
\u00a0<\/p>\n “All such contracts will be for the supplies of commodities and
\u00a0<\/p>\n “We are finalising at least three such contracts for iron ores
\u00a0<\/p>\n “There is so much more to come. Our buying partners’ extensive
\u00a0<\/p>\n “We are currently in the market to buy a limitless amount of sand
\u00a0<\/p>\n “For the financial year ended 30th<\/sup> June 2022, we target
\u00a0<\/p>\n “We plan to triple or quadruple our revenues and profits from sand,
\u00a0<\/p>\n Vivocom’s Improving Fundamentals<\/b>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0
Vivocom’s recently
“We are pleased with the improving fundamentals of our latest
\u00a0<\/p>\n “Once all the iron ores contracts under negotiation are finalised
\u00a0<\/b><\/p>\n “These are all cash cow projects, with highly positive cash flows
\u00a0<\/p>\n “The highly positive cash flows earning will shortly be
\u00a0<\/b><\/p>\n Resilient Share Performance<\/b><\/p>\n In early November 2020, Vivocom’s shares soared from
\u00a0<\/p>\n “Even when the price soared to RM2.05, I did not sell a single share
\u00a0<\/p>\n “The fact that Vivocom did not receive any UMA during the November’s rally
\u00a0<\/p>\n “Most people in the market often look for earnings and conventional
\u00a0<\/p>\n “It is precisely this inherent resilience in Vivocom’s shares, driven solely by pure
\u00a0<\/span><\/p>\n Exciting Growth Company – Vivocom<\/b><\/span><\/p>\n “Based
\u00a0<\/span><\/p>\n “The
\u00a0<\/p>\n “Together with the vision and ambition of the Board, my team and I
\nLUMPUR, MALAYSIA – Media OutReach<\/a> – 27 May 2021 – In a filing to Bursa Malaysia, Vivocom<\/a> announced
\nthat it has embarked on a strategy of sourcing and supplying commodities and
\nminerals to China and other countries for the foreseeable future in light of
\nthe world’s soaring demand and race for scarce commodities to rebuild their
\neconomies after the pandemic.<\/p>\n![](\"https:\/\/release.media-outreach.com\/release.php\/Images\/Thumb\/500x0\/151669\/IMG-001.jpg#image-151669\")
<\/p>\n
\n
<\/p>\n
\nTan (right) Vivocom’s Executive Director, and one of their Chinese buyers, Mr.\u00a0<\/i><\/b>Liu Yu<\/i>\u00a0<\/b>\u00a0(left). (picture taken prior to 1\/4\/21 at a private residence)<\/i><\/b><\/p>\n
\n
<\/p>\n
\nwith several parties for the supplies of commodities and minerals worth
\nconservatively several billions, which should be concluded soon,” declared
\nDato’ Seri Chia. <\/p>\n
\nminerals for a minimum of two years, renewable to 6 years as the demand for them
\nskyrocket along with China’s recovery of its economy to pre-pandemic levels.
\nChina’s consumption, about half of the global total, will keep growing from
\nrecord levels, as the rest of the world also rebounds strongly.”<\/p>\n
\nworth from RM290M monthly up to RM6B in total to be announced ASAP when
\ncompleted, targeted by end June\/July. We are sorting the little but very
\ncrucial details. Once all the details are agreed, things will be finalised and
\nmove very quickly.” <\/p>\n
\nnetwork is ginormous with extremely deep pockets. We have the capacity to buy
\nup USD10B or more worth of sand and other minerals and commodities,” Dato’ Seri
\nChia explained.<\/p>\n
\nof any kind, laterite nickel ore, iron ore, R50\/R60 steel bars, bauxite ores,
\nand so much more minerals or commodities for our clients.”<\/p>\n
\nto deliver at least RM3 Billion worth of sands and minerals to our clients
\noverseas with gross margins of RM250M or higher to contribute to Vivocom’s
\nprofits positively for that year.”\u00a0 <\/p>\n
\nmineral or commodity exports from here onwards. Over the next few months, more contracts
\nwill definitely be secured, signed and announced,” Dato Seri Chia added. <\/p>\n
\n
\nreleased 2nd<\/sup> Quarterly Report for the 6-months ended 31 December
\n2020 showed an impressive 891% and 126% improvement in profits for Q-on-Q and
\nY-on-Y, respectively. <\/p>\n
\nquarterly financials. Suffice to say for now, Vivocom’s next three financial
\nyears ending 30th<\/sup> June 2022, 2023 and 2024 are going to be very prosperous
\nyears indeed.” Dato Seri Chia assured.<\/p>\n
\nand announced, we are also targeting several more contracts for sand and
\nmineral exports worth up to several Billions over the next few months.”<\/p>\n
\ngenerated. All orders come with irrevocable, transferable and revolving Documentary
\nLetter of Credit executed first prior to deliveries being made.” <\/p>\n
\nreflected in Vivocom’s financial performance as all the contracts secured are
\ncash cow projects. We will implement a generous dividends policy at the
\nappropriate time as our revenues and earnings visibility become clearer, so
\nmark my words,” <\/span>Dato Seri Chia asserted.<\/p>\n
\nRM0.45c to reach a peak of RM2.05 on 19 November, with a massive 2.47B shares traded in 21 days<\/p>\n
\nbecause I said I would not, with my self-imposed moratorium for three years. I
\nknow I am onto something monumental.” <\/p>\n
\nspeaks for itself. There was absolutely no artificial market interference!” Dato Seri Chia stated.<\/p>\n
\nmeasures. But it’s LIQUIDITY that moves markets. This is where Vivocom’s pure
\nliquidity-driven shares will prove its resilience.” <\/p>\n
\nretailers’ momentum creating tremendous liquidity that gave me reason to be optimistic that the
\nBull-Run which occurred in November will repeat its performance again in the
\nfuture.” Dato Seri Chia confided.<\/p>\n
\non the contracts worth up to several billions in the pipeline pending
\nconclusion, the purpose of this Press Release is, therefore, to highlight that
\nVivocom is indeed a very exciting high growth company.”<\/span><\/p>\n
\nPR is also to show that we are totally committed to building Vivocom into a
\nbehemoth conglomerate in the foreseeable future and to ultimately multiply
\nwealth for our shareholders in the long term.” <\/span><\/p>\n
\nwill build the foundations of a new and thriving Vivocom. Every single day we
\nwill be working to secure more contracts and be more successful. We are
\nsupremely confident we will come good for both Vivocom’s immediate and long
\nterm future,” Dato Seri Chia ended.<\/span><\/p>\n