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Latest Forum Topics / Addvalue Tech    Last:0.172    -0.008  Post Reply
Addvalue Tech
sklong138
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26-Jul-2025 03:28     
 
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 Alert Admin 		Here' s a concise summary of the SGX' s queries and Addvalue Technologies Ltd.' s responses:
 
**Query 1: Inconsistency in Hong Kong Subsidiary Audit Requirement**   
*SGX Question:* Why does page 68 state auditors were appointed for the Hong Kong subsidiary, while page 121 says it wasn&rsquo t legally required to be audited?   
*Addvalue Response:*   
- The subsidiary (Addvalue Global Limited) was legally exempt from audit due to its **dormant status**.   
- The audit by Amba Partners CPA Limited was **voluntary** to ensure integrity of the Group&rsquo s consolidated financial statements.   
 
**Query 2: Internal Audit Resources**   
*SGX Question:* Clarify the Audit Committee&rsquo s (AC) view on whether the internal audit (IA) function is " adequately resourced" (per page 70 disclosure).   
*Addvalue Response:* The AC confirms IA is **independent, effective, and adequately resourced**:   
- IA provider: **In.Corp Business Advisory Pte Ltd**.   
- Team: **4 dedicated members** (of In.Corp&rsquo s 12-person IA team).   
- Qualifications:   
  - Partner: **16+ years&rsquo experience** (SGX-listed entities), CIA and CA (Singapore) certified.   
  - Team: Senior Managers/Managers with **5&ndash 8 years&rsquo experience**, CIA/CA certified.   
  - Support: Senior Associates with **3&ndash 4 years&rsquo experience**.   
- Complies with **International Internal Auditing Standards**.   
 
**Query 3: Director Declarations**   
*SGX Question:* Provide declarations (items a&ndash k in Appendix 7.4.1) for Director Mr. Chua Chwee Koh.   
*Addvalue Response:*   
- Mr. Chua answered **" no" to all items (a&ndash k)** in Appendix 7.4.1 (SGX Listing Manual).   
 
### Key Summary Table:
| **Query** | **SGX Concern** | **Addvalue&rsquo s Key Response** |
|-----------|------------------------------------------------------|---------------------------------------------------------------------------------------------|
| 1 | Contradictory audit disclosures for HK subsidiary | Audit was **voluntary** (legally exempt due to dormancy) to ensure Group financial integrity. |
| 2 | Confirmation of IA resources | IA is **adequately resourced**: 4-person team, experienced/certified staff, IIA-compliant. |
| 3 | Director declarations (Mr. Chua Chwee Koh) | **" No" to all disclosure items** in Appendix 7.4.1. |
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sklong138
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25-Jul-2025 05:28     
 
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 Alert Admin 		👍  

Trainner      ( Date: 24-Jul-2025 23:46) Posted:

Addvalue actually touched 2.0cts, the volume was also very high (44.9 Million). It is poised for good growth!

Trainner      ( Date: 22-Jul-2025 16:22) Posted:

It touched 1.8cts today with good volume!
More new business announcement coming? 
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Trainner
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24-Jul-2025 23:46     
 
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 Alert Admin 		Addvalue actually touched 2.0cts, the volume was also very high (44.9 Million). It is poised for good growth!

Trainner      ( Date: 22-Jul-2025 16:22) Posted:

It touched 1.8cts today with good volume!
More new business announcement coming? 

Trainner      ( Date: 18-Jul-2025 10:13) Posted:

The buy and sell volumes at 1.6cts and 1.7cts matched exactly at 11,878.5K shares. What a coincidence........ need to clear 1.7cts convincingly...
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Trainner
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22-Jul-2025 16:22     
 
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 Alert Admin 		It touched 1.8cts today with good volume!
More new business announcement coming? 

Trainner      ( Date: 18-Jul-2025 10:13) Posted:

The buy and sell volumes at 1.6cts and 1.7cts matched exactly at 11,878.5K shares. What a coincidence........ need to clear 1.7cts convincingly....

bernardc      ( Date: 17-Jul-2025 15:05) Posted:

It's about time...Cheong arg
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Trainner
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18-Jul-2025 10:13     
 
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 Alert Admin 		The buy and sell volumes at 1.6cts and 1.7cts matched exactly at 11,878.5K shares. What a coincidence........ need to clear 1.7cts convincingly....

bernardc      ( Date: 17-Jul-2025 15:05) Posted:

It's about time...Cheong argh

Trainner      ( Date: 17-Jul-2025 14:42) Posted:

Fighting very hard now between 1.6cts and 1.7cts. Hopefully, can clear 1.7cts convincingly.....
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bernardc
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17-Jul-2025 15:05     
 
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 Alert Admin 		It's about time...Cheong argh

Trainner      ( Date: 17-Jul-2025 14:42) Posted:

Fighting very hard now between 1.6cts and 1.7cts. Hopefully, can clear 1.7cts convincingly......

Trainner      ( Date: 11-Jul-2025 16:06) Posted:

Looks like 1.7cts is solidifying and going after 1.8 cts. 👍 Good....
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Trainner
Master
17-Jul-2025 14:42     
 
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 Alert Admin 		Fighting very hard now between 1.6cts and 1.7cts. Hopefully, can clear 1.7cts convincingly......

Trainner      ( Date: 11-Jul-2025 16:06) Posted:

Looks like 1.7cts is solidifying and going after 1.8 cts. 👍 Good....
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Trainner
Master
11-Jul-2025 16:06     
 
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 Alert Admin 		Looks like 1.7cts is solidifying and going after 1.8 cts. 👍 Good....
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sklong138
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07-Jul-2025 14:28     
 
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Trainner
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07-Jul-2025 14:24     
 
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 Alert Admin 		💪 💪 💪 💪 💪 💪

Joelton      ( Date: 07-Jul-2025 14:03) Posted:

Addvalue Technologies continues spree of new order wins
 
Addvalue Technologies has won new orders worth some US$2.1 million from two customers, including one which is new, according to a market filing on July 6.
 
This follows a US$1.46 million order just announced on July 3.
 
The orders announced on July 6 were for the supply of multiple InterSatellite Data Relay System (IDRS) terminals.
 
The customers, according to Addvalue, are two " leading space technology" companies, one of which is a new customer.
 
" This demonstrates our growing presence in the space and satellite industry," says CEO Tan Khai Pang in the announcement.
 
" Due to non-disclosure obligations, the group is currently prevented from disclosing further details about the new orders and the customers involved," the company says.
 
With the new orders announced on July 6, its total book has reached US$17.9 million.
 
Barring any unforeseen circumstances, Addvalue expects the new orders to be substantially fulfilled within the next 12 months and have a material positive impact on the current financial year.
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Joelton
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07-Jul-2025 14:03     
 
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 Alert Admin
Addvalue Technologies continues spree of new order wins
 
Addvalue Technologies has won new orders worth some US$2.1 million from two customers, including one which is new, according to a market filing on July 6.
 
This follows a US$1.46 million order just announced on July 3.
 
The orders announced on July 6 were for the supply of multiple InterSatellite Data Relay System (IDRS) terminals.
 
The customers, according to Addvalue, are two " leading space technology" companies, one of which is a new customer.
 
" This demonstrates our growing presence in the space and satellite industry," says CEO Tan Khai Pang in the announcement.
 
" Due to non-disclosure obligations, the group is currently prevented from disclosing further details about the new orders and the customers involved," the company says.
 
With the new orders announced on July 6, its total book has reached US$17.9 million.
 
Barring any unforeseen circumstances, Addvalue expects the new orders to be substantially fulfilled within the next 12 months and have a material positive impact on the current financial year.
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Trainner
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07-Jul-2025 10:11     
 
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 Alert Admin 		The base of 1.6cts is forming up quickly. Hopefully, 1.6cts can be the new firm base and starts to challenge 1.7cts. 

sklong138      ( Date: 07-Jul-2025 09:52) Posted:

good 👍 Possible. 

Trainner      ( Date: 07-Jul-2025 09:51) Posted:

Addvalue has formed a base of 1.5cts. If it can clear 1.7cts convincingly, it will fly to next height (> 2cts ??). 


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sklong138
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07-Jul-2025 09:52     
 
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 Alert Admin 		good 👍 Possible. 

Trainner      ( Date: 07-Jul-2025 09:51) Posted:

Addvalue has formed a base of 1.5cts. If it can clear 1.7cts convincingly, it will fly to next height (> 2cts ??). 

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Trainner
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07-Jul-2025 09:51     
 
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 Alert Admin 		Addvalue has formed a base of 1.5cts. If it can clear 1.7cts convincingly, it will fly to next height (> 2cts ??). 
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Jimeagle
Veteran
07-Jul-2025 09:22     
 
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 Alert Admin 		When you self claim rewards and credit yourself for things you don' t rightfully deserve, your true character and ulterior motives always reveals..
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sklong138
Elite
07-Jul-2025 09:16     
 
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Jimeagle
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07-Jul-2025 08:49     
 
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 Alert Admin 		Gosh, your skin is super thicked hahah.. if people here need to appreciate you, then those in other micropennies shenyao, qt, blumont and cap need to be throwing rotten eggs at you...

you are gambler calling other kettle as black as you 

sklong138      ( Date: 07-Jul-2025 08:42) Posted:

Disclaimers:To all the forumers, this thread is not to encourage you to buy Addvalue shares. Congrats to you if you have invested earlier and I do not expect any appreciation from you. For those contraplayers/gamblers ,I do not encourage you to buy as I do not want to be blamed if you are not able to pick up the shares.
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sklong138
Elite
07-Jul-2025 08:42     
 
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 Alert Admin 		Disclaimers:To all the forumers, this thread is not to encourage you to buy Addvalue shares. Congrats to you if you have invested earlier and I do not expect any appreciation from you. For those contraplayers/gamblers ,I do not encourage you to buy as I do not want to be blamed if you are not able to pick up the shares.
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sklong138
Elite
07-Jul-2025 07:17     
 
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Trainner      ( Date: 07-Jul-2025 00:06) Posted:

Addvalue is accelerating the new business won. For the last 2 weeks, Addvalue has won US$9.36M new business which is very encouraging. 
 
Announced Dates Amount (US$)
06-Jul' 25 2.1
03-Jul' 25 1.46
26-Jun' 25 3.7
24-Jun' 25 2.1
Total 9.36

Well Done Addvalue!!!!

sklong138      ( Date: 06-Jul-2025 17:07) Posted:

Here' s a concise summary of the announcement:
 
1. **New Orders Secured:** Addvalue Technologies Ltd secured new orders worth **US$2.1 million**.
2. **Product:** The orders are for supplying multiple **Inter-Satellite Data Relay System (IDRS) terminals**.
3. **Customers:** Orders came from **two leading space technology companies**, one of which is a **new IDRS client** for Addvalue.
4. **Significance:** This strengthens Addvalue' s position in the space/satellite industry.
5. **Confidentiality:** Further details about the orders and customers cannot be disclosed due to non-disclosure agreements.
6. **Order Book Impact:** The Group' s total order book now stands at **US$17.9 million**.
7. **Timeline & Impact:** The new orders are expected to be **substantially fulfilled within the next 12 months** and have a **material positive impact** on the Group' s current financial year.
 
**In short:** Addvalue won $2.1 million in new orders for its IDRS terminals from two space tech firms (one new client), boosting its total orders to $17.9 million. These orders should significantly benefit this year' s finances and be mostly delivered within a year.
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Trainner
Master
07-Jul-2025 00:06     
 
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 Alert Admin 		Addvalue is accelerating the new business won. For the last 2 weeks, Addvalue has won US$9.36M new business which is very encouraging. 
 
Announced Dates Amount (US$)
06-Jul' 25 2.1
03-Jul' 25 1.46
26-Jun' 25 3.7
24-Jun' 25 2.1
Total 9.36

Well Done Addvalue!!!!

sklong138      ( Date: 06-Jul-2025 17:07) Posted:

Here' s a concise summary of the announcement:
 
1. **New Orders Secured:** Addvalue Technologies Ltd secured new orders worth **US$2.1 million**.
2. **Product:** The orders are for supplying multiple **Inter-Satellite Data Relay System (IDRS) terminals**.
3. **Customers:** Orders came from **two leading space technology companies**, one of which is a **new IDRS client** for Addvalue.
4. **Significance:** This strengthens Addvalue' s position in the space/satellite industry.
5. **Confidentiality:** Further details about the orders and customers cannot be disclosed due to non-disclosure agreements.
6. **Order Book Impact:** The Group' s total order book now stands at **US$17.9 million**.
7. **Timeline & Impact:** The new orders are expected to be **substantially fulfilled within the next 12 months** and have a **material positive impact** on the Group' s current financial year.
 
**In short:** Addvalue won $2.1 million in new orders for its IDRS terminals from two space tech firms (one new client), boosting its total orders to $17.9 million. These orders should significantly benefit this year' s finances and be mostly delivered within a year.
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