Tianci International, Inc. (OTC:CIIT) Take-Over Target Makes the Cut as Digital Asset Exchange in Malaysia

Tianci International, Inc. (OTC:CIIT) Take-Over Target Makes the Cut as Digital Asset Exchange in Malaysia

The Malaysian Securities Commission has published a list of digital asset exchanges which were permitted to continue their operation for a transitional period from 15 January until 1 March 2019. This list can be found at the bottom of the page. Ezytronics has made the list, huge news for CIIT.


Following the release of the amended Guidelines on Recognized Markets on 31 January 2019, companies which have submitted their application to be registered with the SC as a digital asset exchange will be permitted to continue operations for another transitional period from 1 March 2019 until such period as may be notified by the SC. The list of companies which are permitted to operate a digital asset exchange after 1 March 2019 until such period as may be notified by the SC is set out below.

(Updated list as of 1 March 2019)

  • A. List Of Digital Asset Exchanges Permitted To Continue Operations Effective 1 March 2019 Until Further Notice No. Name Address
  • 1 AES Signatum Berhad 20-15 Menara K1, Lorong 3/173C,
    Off Jalan Klang Lama,
    58200 Kuala Lumpur
  • 2 Arbor Digital Sdn. Bhd. Level 1, Menara Amplewest, 6,
    Jalan P.Ramlee,
    50250, Kuala Lumpur
  • 3 B4U EXC (M) Sdn. Bhd. Unit 335A, Melawati Urban 1,
    Lorong Serawak, Taman Melawati,
    53100, Kuala Lumpur
  • 4 Belfrics Malaysia Sdn. Bhd. B1-16-6, Soho Suites, Jalan Perka,
    Kuala Lumpur, 50450
  • 5 Bitpoint Malaysia Sdn. Bhd. K-03A-12, No 2 Jalan Solaris, Solaris
    Mont Kiara,
    50480 Kuala Lumpur
  • 6 BLOKMY Sdn. Bhd. 3rd floor, 393, Reddi Building,
    Jalan Datuk Abang Abdul Rahim,
    93450, Kuching,
    Sarawak
  • 7 Chako Global Sdn. Bhd. 15B, Jalan Tun Mohd Fuad 3,
    Taman Tun Dr Ismail,
    60000, Kuala Lumpur,
    W.P. Kuala Lumpur, Malaysia
  • 8 EZYTRONICS Sdn. Bhd. (World Cloud Ventures Sdn. Bhd.) 45-1, Jalan USJ 21/10,
    47640, Subang Jaya,
    Selangor
  • 9 FINX Blockchain Sdn. Bhd. (FINX Capital Sdn. Bhd.) Suite 20.02 & Suite 20.03, Level 20 Centrepoint North, Mid Valley City, Lingkaran Syed Putra,
    59200, Kuala Lumpur, Malaysia
  • 10 GetCoinApp Sdn Bhd Level 38, MYEG Tower, Empire City Damansara,
    Jalan PJU 8, Damansara Perdana,
    47820 Petaling Jaya,
    Selangor Darul Ehsan, Malaysia
  • 11 GiGaex SdnBhd M2-20-01, 8trium Tower 2,
    Jalan Cempaka SD 12/05,
    Bandar Sri Damansara,
    52200, Kuala Lumpur
  • 12 Luno Malaysia Sdn. Bhd. Unit 3.3, 3rd Floor, Surian Tower, No.1,
    Jalan PJU 7/3, Mutiara Damansara,
    47810, Petaling Jaya,
    Selangor Darul Ehsan
  • 13 MCP International Sdn Bhd 29A-B, Jalan Besar Selayang Baru,
    Batu Caves, 68100
    Selangor Darul Ehsan
  • 14 MX Global Sdn. Bhd. Level 38, Tower N, No.8, Jalan Damansara,
    Empire City, PJU 8,
    47820, Petaling Jaya,
    Selangor Darul Ehsan
  • 15 PinkExc (M) Sdn. Bhd. 1, Jalan Meru Bestari A14,
    Medan Meru Bestari,
    30020 Ipoh, Perak
  • 16 Sinegy Technologies (M) Sdn. Bhd. 18-32-D Gurney Drive (Gurney Tower)
    10250 Georgetown
    Pulau Pinang
  • 17 MBAEX Online Pte Limited (Tezatech Sdn Bhd) No. 9-2B, Jalan PJU 1/3D,
    Sunway Mas Commercial Centre,
    47301, Petaling Jaya,
    Selangor, Malaysia
  • 18 Tokenize Technology (M) Sdn. Bhd. No.40, Jalan Utama 26,
    Taman Mutiara Rini,
    81300, Johor Bahru,
    Johor
  • 19 UDAX International Sdn. Bhd. Block A, AXIS Business Campus,
    No. 13A & B, Jalan 225 Seksyen 51A,
    46100, Petaling Jaya,
    Selangor Darul Ehsan
  • 20 Upbit Malaysia Sdn. Bhd. Directorate 6, Level 12 Berjaya Times
    Square 55100,
    WP Kuala Lumpur, Malaysia
  • 21 Vardiz Commerce Sdn. Bhd. Level 3, Lot 74, Jalan Mamanda 1, Ampang Point,
    68000, Ampang,
    Selangor Darul Ehsan
  • 22 Xbit Asia Sdn. Bhd. D2-2-2, Block D2, Pusat Perdagangan Dana 1,
    Jalan PJU 1A/46,
    47301, Petaling Jaya,
    Selangor Darul Ehsan

During the transitional period, these platform operators will not be permitted to accept new investors and will only be allowed to facilitate the withdrawal or transfer of client assets with the written instruction of the investor.

Companies which did not submit their application to the SC by 1 March 2019 are required to take necessary steps to cease their business and return all clients’ assets by 15 March 2019.

Members of the public should also take note that this notice does not constitute an approval, authorisation or endorsement by the SC of any digital asset platform operators or any digital assets traded on the platforms.

These lists will regularly be updated and members of the public are encouraged to refer to these lists when dealing with digital asset exchanges.

Tianci International, Inc. (OTC:CIIT) Heffx Technical Outlook

Overall, the bias in prices is: Upwards.

Note: this chart shows extraordinary price action to the upside.

The projected upper bound is: 3.64.

The projected lower bound is: 0.75.

The projected closing price is: 1.34.

Candlesticks

A white body occurred (because prices closed higher than they opened).
During the past 10 bars, there have been 4 white candles and 4 black candles. During the past 50 bars, there have been 19 white candles and 13 black candles for a net of 6 white candles.

A bullish harami occurred (where the current small white body is contained within an unusually large black body). During a downtrend (which appears to be the case with TIANCI INTERNTNL) this pattern implies an end to the decline as the bears appear to have exhausted themselves.

During an uptrend the bullish harami pattern is bearish as the bears appear to be gaining strength as the bulls weaken.

A spinning top occurred (a spinning top is a candle with a small real body). Spinning tops identify a session in which there is little price action (as defined by the difference between the open and the close). During a rally or near new highs, a spinning top can be a sign that prices are losing momentum and the bulls may be in trouble.

Momentum Indicators

Momentum is a general term used to describe the speed at which prices move over a given time period. Generally, changes in momentum tend to lead to changes in prices. This expert shows the current values of four popular momentum indicators.

Stochastic Oscillator

One method of interpreting the Stochastic Oscillator is looking for overbought areas (above 80) and oversold areas (below 20). The Stochastic Oscillator is 16.0335. This is an oversold reading. However, a signal is not generated until the Oscillator crosses above 20 The last signal was a sell 19 period(s) ago.

Relative Strength Index (RSI)

The RSI shows overbought (above 70) and oversold (below 30) areas. The current value of the RSI is 45.32. This is not a topping or bottoming area. A buy or sell signal is generated when the RSI moves out of an overbought/oversold area. The last signal was a sell 12 period(s) ago.

Commodity Channel Index (CCI)

The CCI shows overbought (above 100) and oversold (below -100) areas. The current value of the CCI is -123.This is an oversold reading. However, a signal isn’t generated until the indicator crosses above -100. The last signal was a buy 2 period(s) ago.

MACD

The Moving Average Convergence/Divergence indicator (MACD) gives signals when it crosses its 9 period signal line. The last signal was a sell 8 period(s) ago.

Rex Takasugi – TD Profile

TIANCI INTERNTNL closed up 0.130 at 1.030. Volume was 51% below average (consolidating) and Bollinger Bands were 89% wider than normal.

Open High Low Close Volume___
1.020 1.030 1.020 1.030 1,000

Technical Outlook
Short Term: Oversold
Intermediate Term: Bullish
Long Term: Bullish

Moving Averages: 10-period 50-period 200-period
Close: 1.31 0.96 0.77
Volatility: 271 410 652
Volume: 1,364 2,929 1,429

Short-term traders should pay closer attention to buy/sell arrows while intermediate/long-term traders should place greater emphasis on the Bullish or Bearish trend reflected in the lower ribbon.

Summary

TIANCI INTERNTNL is currently 34.4% above its 200-period moving average and is in an downward trend. Volatility is high as compared to the average volatility over the last 10 periods. Our volume indicators reflect moderate flows of volume into CIIT.PK (mildly bullish). Our trend forecasting oscillators are currently Bullish on CIIT.PK and have had this outlook for the last 0 periods.

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