New Risk • Mar 01
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -RM18m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-RM18m free cash flow). Share price has been highly volatile over the past 3 months (12% average weekly change). Earnings have declined by 1.7% per year over the past 5 years. Minor Risk Market cap is less than US$100m (RM89.6m market cap, or US$23.0m). Reported Earnings • Mar 01
Second quarter 2026 earnings released: EPS: RM0 (vs RM0.001 loss in 2Q 2025) Second quarter 2026 results: EPS: RM0 (improved from RM0.001 loss in 2Q 2025). Revenue: RM38.2m (up 24% from 2Q 2025). Net income: RM323.0k (up RM2.49m from 2Q 2025). Profit margin: 0.8% (up from net loss in 2Q 2025). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings. Announcement • Nov 26
AIZO Group Berhad has filed a Follow-on Equity Offering. AIZO Group Berhad has filed a Follow-on Equity Offering.
Security Name: Shares
Security Type: Common Stock
Securities Offered: 3,310,159,907
Transaction Features: Rights Offering Reported Earnings • Oct 25
Full year 2025 earnings released: RM0.007 loss per share (vs RM0.004 loss in FY 2024) Full year 2025 results: RM0.007 loss per share (further deteriorated from RM0.004 loss in FY 2024). Revenue: RM125.6m (down 3.0% from FY 2024). Net loss: RM14.5m (loss widened 107% from FY 2024). Over the last 3 years on average, earnings per share has increased by 43% per year but the company’s share price has only increased by 29% per year, which means it is significantly lagging earnings growth. Announcement • Oct 21
AIZO Group Berhad, Annual General Meeting, Nov 20, 2025 AIZO Group Berhad, Annual General Meeting, Nov 20, 2025, at 10:00 Singapore Standard Time. Location: hotel casuarina @ meru, casuarina hall 1-2, level, jalan meru casuarina, bandar meru raya, 30200 ipoh, perak, darul ridzuan, Malaysia Reported Earnings • Aug 26
Full year 2025 earnings released Full year 2025 results: Revenue: RM125.6m (down 3.0% from FY 2024). Net loss: RM14.3m (loss widened 105% from FY 2024). New Risk • Jul 23
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Malaysian stocks, typically moving 11% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (11% average weekly change). Minor Risk Market cap is less than US$100m (RM137.4m market cap, or US$32.6m). Reported Earnings • May 29
Full year 2025 earnings released: RM0.005 loss per share (vs RM0.004 loss in FY 2024) Full year 2025 results: RM0.005 loss per share (further deteriorated from RM0.004 loss in FY 2024). Revenue: RM120.0m (down 5.5% from FY 2024). Net loss: RM9.59m (loss widened 38% from FY 2024). Over the last 3 years on average, earnings per share has increased by 57% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth. Announcement • May 23
AIZO Group Berhad has completed a Follow-on Equity Offering in the amount of MYR 21.53905 million. AIZO Group Berhad has completed a Follow-on Equity Offering in the amount of MYR 21.53905 million.
Security Name: Shares
Security Type: Common Stock
Securities Offered: 23,091,500
Price\Range: MYR 0.1089
Security Name: Shares
Security Type: Common Stock
Securities Offered: 26,770,300
Price\Range: MYR 0.125
Security Name: Shares
Security Type: Common Stock
Securities Offered: 44,617,200
Price\Range: MYR 0.122
Security Name: Shares
Security Type: Common Stock
Securities Offered: 31,000,000
Price\Range: MYR 0.1341
Security Name: Shares
Security Type: Common Stock
Securities Offered: 30,000,000
Price\Range: MYR 0.1191
Security Name: Shares
Security Type: Common Stock
Securities Offered: 23,000,000
Price\Range: MYR 0.1089
Transaction Features: Subsequent Direct Listing New Risk • Apr 29
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Malaysian stocks, typically moving 12% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-RM7.7m free cash flow). Share price has been highly volatile over the past 3 months (12% average weekly change). Minor Risk Market cap is less than US$100m (RM174.6m market cap, or US$40.3m). Reported Earnings • Feb 26
Third quarter 2025 earnings released: RM0.001 loss per share (vs RM0 in 3Q 2024) Third quarter 2025 results: RM0.001 loss per share (further deteriorated from RM0 in 3Q 2024). Revenue: RM30.8m (down 12% from 3Q 2024). Net loss: RM2.16m (loss widened RM2.00m from 3Q 2024). Over the last 3 years on average, earnings per share has increased by 47% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth. New Risk • Feb 17
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Malaysian stocks, typically moving 6.9% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (6.9% average weekly change). Market cap is less than US$100m (RM181.1m market cap, or US$40.9m). New Risk • Nov 29
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Malaysian stocks, typically moving 7.0% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (7.0% average weekly change). Shareholders have been diluted in the past year (18% increase in shares outstanding). Market cap is less than US$100m (RM244.5m market cap, or US$55.1m). Reported Earnings • Nov 22
Second quarter 2025 earnings released: RM0.001 loss per share (vs RM0 in 2Q 2024) Second quarter 2025 results: RM0.001 loss per share (further deteriorated from RM0 in 2Q 2024). Revenue: RM28.0m (down 16% from 2Q 2024). Net loss: RM2.52m (down RM2.87m from profit in 2Q 2024). Over the last 3 years on average, earnings per share has increased by 33% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth. Announcement • Sep 13
Minetech Resources Berhad Announces the Appointment of Lo Ling as Independent and Non Executive Director Minetech Resources Berhad announced the appointment of Mr. Lo Ling, age 68, as Independent and Non-Executive Director of the company. Date of change is 13 September 2024. In 1979, Lo Ling graduated with a Bachelor of Science (Hons.) and subsequently obtained his Master in Business Administration (‘MBA’) in 1985 from University Malaya. He is a seasoned financial market professional with over 30 years of experience in structuring public and private company transactions on behalf of his clients. He first began his career as a Geologist for Petroliam Nasional Berhad (Petronas) in 1979. Upon obtaining his MBA, he became an Accounts Manager for NCR Corporation in 1986. With his experience in financial markets, he was able to assume the role as Commissioned Dealer's Representative of Omega Securities Sdn Bhd in 1991, before he journeyed to enhance his career at Kenanga Investment Bank Berhad in 1992. In 2007, he was a Commissioned Dealer's Representative at AmInvestment Bank Berhad, a position he held until 2020. He was appointed as Managing Director of ADAP Capital Sdn Bhd from 2020 until August 2024. Equipped with years of experience in the industry, he was mainly responsible to source, evaluate and invest in attractive opportunities that meet the Fund's investment criteria and objectives. Additionally, he also oversees the Fund's public and private equity investment strategies. He was appointed to the board of Aimflex Berhad as Executive Director in 2020. He left Aimflex Berhad in early 2022 to pursue other interests. Reported Earnings • Aug 30
First quarter 2025 earnings released: RM0.001 loss per share (vs RM0.001 loss in 1Q 2024) First quarter 2025 results: RM0.001 loss per share (in line with 1Q 2024). Revenue: RM29.0m (up 9.6% from 1Q 2024). Net loss: RM1.33m (loss widened 4.8% from 1Q 2024). Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings. New Risk • Aug 05
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Malaysian stocks, typically moving 7.8% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (7.8% average weekly change). Shareholders have been diluted in the past year (17% increase in shares outstanding). Market cap is less than US$100m (RM223.1m market cap, or US$50.4m). Reported Earnings • Aug 02
Full year 2024 earnings released: RM0.004 loss per share (vs RM0.006 loss in FY 2023) Full year 2024 results: RM0.004 loss per share (improved from RM0.006 loss in FY 2023). Revenue: RM127.0m (up 2.6% from FY 2023). Net loss: RM6.95m (loss narrowed 23% from FY 2023). Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings. Announcement • Jul 29
Minetech Resources Berhad, Annual General Meeting, Aug 28, 2024 Minetech Resources Berhad, Annual General Meeting, Aug 28, 2024, at 10:00 Singapore Standard Time. Reported Earnings • Jun 04
Full year 2024 earnings released: RM0.004 loss per share (vs RM0.006 loss in FY 2023) Full year 2024 results: RM0.004 loss per share (improved from RM0.006 loss in FY 2023). Revenue: RM128.1m (up 3.5% from FY 2023). Net loss: RM6.99m (loss narrowed 23% from FY 2023). Over the last 3 years on average, earnings per share has fallen by 7% per year whereas the company’s share price has fallen by 10% per year. New Risk • Mar 07
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -RM4.0m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-RM4.0m free cash flow). Share price has been highly volatile over the past 3 months (21% average weekly change). Minor Risks Shareholders have been diluted in the past year (17% increase in shares outstanding). Market cap is less than US$100m (RM267.6m market cap, or US$56.8m). Reported Earnings • Mar 01
Third quarter 2024 earnings released: EPS: RM0 (vs RM0 in 3Q 2023) Third quarter 2024 results: EPS: RM0 (in line with 3Q 2023). Revenue: RM35.0m (down 3.8% from 3Q 2023). Net loss: RM167.0k (loss narrowed 65% from 3Q 2023). Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings. New Risk • Feb 04
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 17% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-RM13m free cash flow). Share price has been highly volatile over the past 3 months (21% average weekly change). Earnings have declined by 1.2% per year over the past 5 years. Minor Risks Shareholders have been diluted in the past year (17% increase in shares outstanding). Market cap is less than US$100m (RM258.7m market cap, or US$54.8m). Board Change • Jan 10
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 5 experienced directors. 2 highly experienced directors. Executive Director Pete Chin was the last director to join the board, commencing their role in 2024. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Nov 29
Second quarter 2024 earnings released: EPS: RM0 (vs RM0.001 loss in 2Q 2023) Second quarter 2024 results: EPS: RM0 (improved from RM0.001 loss in 2Q 2023). Revenue: RM33.2m (up 23% from 2Q 2023). Net income: RM348.0k (up RM1.13m from 2Q 2023). Profit margin: 1.0% (up from net loss in 2Q 2023). Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has fallen by 35% per year, which means it is significantly lagging earnings. Announcement • Nov 25
Minetech Resources Berhad Announces Committee Changes Minetech Resources Berhad announced that the Board approved the renaming of the “Audit and Risk Management Committee” to “Audit, Risk Management and Sustainability Committee” with effect from 23 November 2023. The composition of the ARMSC with effect from 23 November 2023 is as follows: Chairman: Encik Ahmad Ruslan Zahari Bin Zakaria (Independent Non-Executive Director), Members: Datin Feridah Binti Bujang Ismail (Independent Non-Executive Director), Puan Siti Aishah Binti Othman (Independent Non-Executive Director). Reported Earnings • Aug 30
First quarter 2024 earnings released: RM0.001 loss per share (vs RM0.002 loss in 1Q 2023) First quarter 2024 results: RM0.001 loss per share (improved from RM0.002 loss in 1Q 2023). Revenue: RM26.5m (up 10% from 1Q 2023). Net loss: RM1.27m (loss narrowed 32% from 1Q 2023). Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has fallen by 44% per year, which means it is significantly lagging earnings. Announcement • Jul 29
Minetech Resources Berhad, Annual General Meeting, Aug 28, 2023 Minetech Resources Berhad, Annual General Meeting, Aug 28, 2023, at 10:00 Singapore Standard Time. Agenda: To receive the Audited Financial Statements for the financial year ended 31 March 2023 together with the Reports of the Directors and Auditors thereon; to approve the payment of Directors' Fees and Benefits Payable to the Directors up to an aggregate amount of RM700,000.00 from this Annual General Meeting until the next Annual General Meeting in 2024; to re-elect Mr Chin Leong Choy who is retiring pursuant to Clause 97 of the Constitution of the Company; to re-elect Encik Ahmad Ruslan Zahari Bin Zakaria who is retiring pursuant to Clause 97 of the Constitution of the Company; to re-elect Datin Feridah Binti Bujang Ismail who is retiring pursuant to Clause 97 of the Constitution of the Company; to re-appoint Messrs. Al Jafree Salihin Kuzaimi PLT as Auditors of the Company and to authorise the Directors to fix their remuneration;and to consider other matters if any. Announcement • Jun 16
Minetech Resources Berhad (KLSE:MINETEC) entered into a shares sale agreement to acquire remaining 15% stake in Minetech Asphalt Man International Sdn Bhd from Shia Fui Kin for MYR 3.6 million. Minetech Resources Berhad (KLSE:MINETEC) entered into a shares sale agreement to acquire remaining 15% stake in Minetech Asphalt Man International Sdn Bhd from Shia Fui Kin for MYR 3.6 million on June 15, 2023. Under the terms, within fourteen days of the execution of the agreement the sum of MYR 0.36 million shall be paid to the solicitors and the balance of MYR 3.2 million shall be made payable to the solicitors by the completion date which is three calendar months from the date of the agreement, or such other date as may be agreed upon between the parties upon which completion is to take place. In the event that the purchase consideration is not paid as stipulated above, such outstanding sum shall carry a late payment interest of 8% per annum calculated on daily basis. The consideration will be funded through internally generated funds. For the year ending March 31, 2023, Minetech Asphalt generated revenues of MYR 31.7 million, net profit of MYR 1.26 million and net assets of MYR 8.17 million.The acquisition is not subject to the approval of the shareholders of Minetech and any other regulatory authorities. The acquisition is not expected to have any material effect on the earnings per share of Minetech Group for the financial year ending March 31, 2024. The acquisition will not have any material effect on the net assets per share and gearing of Minetech Group. Announcement • Jun 10
Minetech Resources Berhad Announces Redesignation of Encik Ahmad Rahizal Bin Dato' Ahmad Rasidi from Non Executive Director to Non Executive Chairman Minetech Resources Berhad announced redesignation of ENCIK AHMAD RAHIZAL BIN DATO' AHMAD RASIDI from Non Executive Director to Non Executive Chairman. Date of change is 09 June 2023. Age is 40. Reported Earnings • Jun 03
Full year 2023 earnings released: RM0.007 loss per share (vs RM0.019 loss in FY 2022) Full year 2023 results: RM0.007 loss per share (improved from RM0.019 loss in FY 2022). Revenue: RM124.2m (up 46% from FY 2022). Net loss: RM10.2m (loss narrowed 54% from FY 2022). Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has fallen by 45% per year, which means it is significantly lagging earnings. Reported Earnings • Feb 25
Third quarter 2023 earnings released: EPS: RM0 (vs RM0.003 loss in 3Q 2022) Third quarter 2023 results: EPS: RM0 (improved from RM0.003 loss in 3Q 2022). Revenue: RM36.3m (up 59% from 3Q 2022). Net loss: RM470.0k (loss narrowed 85% from 3Q 2022). Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has fallen by 26% per year, which means it is significantly lagging earnings. Reported Earnings • Nov 26
Second quarter 2023 earnings released: RM0.001 loss per share (vs RM0.003 loss in 2Q 2022) Second quarter 2023 results: RM0.001 loss per share (improved from RM0.003 loss in 2Q 2022). Revenue: RM26.9m (up 32% from 2Q 2022). Net loss: RM778.0k (loss narrowed 80% from 2Q 2022). Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has fallen by 18% per year, which means it is significantly lagging earnings. Board Change • Nov 16
High number of new directors There are 7 new directors who have joined the board in the last 3 years. Non Independent & Non Executive Alternate Director Sheong Chin was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Aug 04
Full year 2022 earnings released: RM0.013 loss per share (vs RM0.001 profit in FY 2021) Full year 2022 results: RM0.013 loss per share (down from RM0.001 profit in FY 2021). Revenue: RM85.4m (down 10% from FY 2021). Net loss: RM22.2m (down RM23.3m from profit in FY 2021). Over the last 3 years on average, earnings per share has increased by 37% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings. Reported Earnings • May 30
Full year 2022 earnings released: RM0.019 loss per share (vs RM0.001 profit in FY 2021) Full year 2022 results: RM0.019 loss per share (down from RM0.001 profit in FY 2021). Revenue: RM85.4m (down 10% from FY 2021). Net loss: RM22.2m (down RM23.3m from profit in FY 2021). Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth. Board Change • Apr 27
High number of new directors There are 6 new directors who have joined the board in the last 3 years. Non-Independent & Non-Executive Director Kim Meng Loke was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Feb 27
Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations Third quarter 2022 results: RM0.003 loss per share (down from RM0 in 3Q 2021). Revenue: RM22.9m (down 19% from 3Q 2021). Net loss: RM3.16m (down RM3.42m from profit in 3Q 2021). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has only increased by 19% per year, which means it is significantly lagging earnings growth. Reported Earnings • Nov 30
Second quarter 2022 earnings: Revenues and EPS in line with analyst expectations Second quarter 2022 results: RM0.003 loss per share (down from RM0.001 loss in 2Q 2021). Revenue: RM20.4m (up 15% from 2Q 2021). Net loss: RM3.80m (loss widened 138% from 2Q 2021). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has increased by 22% per year, which means it is tracking significantly ahead of earnings growth. Reported Earnings • Oct 01
First quarter 2022 earnings released: RM0.003 loss per share (vs RM0.002 loss in 1Q 2021) The company reported a solid first quarter result with improved revenues and control over costs, although losses increased. First quarter 2022 results: Revenue: RM16.8m (up 109% from 1Q 2021). Net loss: RM3.36m (loss widened 85% from 1Q 2021). Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has increased by 24% per year, which means it is tracking significantly ahead of earnings growth. Reported Earnings • Jun 13
Full year 2021 earnings released The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: RM95.0m (up 16% from FY 2020). Net income: RM2.11m (up RM13.3m from FY 2020). Profit margin: 2.2% (up from net loss in FY 2020). Over the last 3 years on average, earnings per share has fallen by 39% per year but the company’s share price has increased by 28% per year, which means it is well ahead of earnings. Announcement • Feb 26
Minetech Resources Berhad announces redesignation of Ahmad Rahizal Bin Dato' Ahmad Rasidi as Non-Independent Director from Independent Director On 24 Feb. 2021, Minetech Resources Berhad announced the redesignation of Mr. Ahmad Rahizal Bin Dato' Ahmad Rasidi to new position of Non-Independent Director from Independent Director of the company. Is New 90 Day High Low • Dec 08
New 90-day high: RM0.24 The company is up 11% from its price of RM0.22 on 09 September 2020. The Malaysian market is up 8.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Metals and Mining industry, which is up 50% over the same period. Reported Earnings • Nov 28
Second quarter 2021 earnings released: RM0.001 loss per share The company reported a poor second quarter result with weaker earnings, revenues and control over expenses. Second quarter 2021 results: Revenue: RM17.8m (down 3.9% from 2Q 2020). Net loss: RM1.60m (down 425% from profit in 2Q 2020). Over the last 3 years on average, earnings per share has increased by 14% per year and the company’s share price has also increased by 14% per year. Announcement • Oct 11
Minetech Resources Berhad Announces Resignation of Yee Kon Sin as Chief Executive Officer Minetech Resources Berhad announced resignation of Yee Kon Sin as Chief Executive Officer. Date of change is Oct. 9, 2020. Reason: To pursue other opportunities.