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Overview
Financial Highlight
HeadlinesBusiness Background Iris Corp Bhd is a Malaysian based company. It operates in five divisions. Trusted identification Division offers e-passports, e-identification cards, banking cards, transportation and other related trusted identifications devices and equipment. Property Development and Construction sub-division are engaged in the construction of buildings and modern integrated farms and manufacturing of Koto industrialized building systems. Food and Agro Technology sub-division provide provision of food and agro-produce and equipment. Environment and renewable energy provide provision of waste management and power and energy-related systems. Education Division offers the provision of academic, tertiary and professional courses. It generates the majority of the revenue from Trusted identification Division.
  GoldenBull66 Home minister should explain on the extension in the 1st place. It wasted more tax payer money. Regardless what, iris is in deep shit tmr..their office will be surrounded by creditors demanding for payment. Already struggling for cash flow and debts. 14/08/2023 10:38 PM hhhiii123 because they lose malay vote, so PH want to sue PN for award project with bribery, haha 14/08/2023 10:38 PM flytothemoon since long times ago already said the only Iris earns money is private placement ask for more money from investor, nothing else 14/08/2023 11:11 PM Good123 projek tentang menantu bekas PM dah terminated dah insya allah :) https://www.msn.com/en-my/money/topstories/iris-says-niise-contract-with-home-ministry-terminated-with-immediate-effect/ar-AA1ffAFD?ocid=msedgdhp&pc=U531&cvid=1e75596df1dc48f5b1ddba060755a788&ei=123 15/08/2023 9:06 AM Good123 PMX jaguh penentang rasuah.... 4-5 tahun akan datang dari sekarang perasuah2 boleh gulung tikar haha 15/08/2023 9:08 AM hhhiii123 Seem like market dun think it is so bad at all, still got chance for goreng again? 15/08/2023 9:14 AM hhhiii123 Ph just lose court case against maiyuddhin, very high chance they will lose court case from IRis also,wakaka, 15/08/2023 12:12 PM rainman777 Hahahaha mau short cut pergi pasang cable tengok sudah ada problem besar, Wakaka 15/08/2023 12:16 PM GoldenBull66 Only hope they don't default debts. If yes there would fall into PN17 and risk delisting. They very obvious struggling with debts and cash flow issue. Now without 70 cash from sale of the company that got the Project. That is huge blow 15/08/2023 9:47 PM  speakup ???? apa slander ni? iris has net cash of rm90 mil! Net cash = cash less off liabilities 16/08/2023 7:29 AM GoldenBull66 So with so healthy balance sheet, why need to sell 80% of the NIISe for just 70m? Now without this 70m, without the project, all the expenditure spent on this project, how big the impact on their cash flow? Not to mention the court case against government would be burning money too 16/08/2023 10:12 AM haziqaz KDN tamatkan kontrak Iris sekat Mafia Korporat ambil alih Projek NIISe Jabatan Imigresen? https://thecorporate-secrets.com/blog/2023/08/23/kdn-tamatkan-kontrak-iris-sekat-mafia-korporat-ambil-alih-projek-niise-jabatan-imigresen/ 23/08/2023 2:52 PM hhhiii123 Wo, Dr poh promotion, can he save iris from losing government contract, hmm 30/08/2023 6:24 PM whistlebower99 FOR NEWBIES IRIS CORPORATION BERHAD ("IRIS" OR THE "COMPANY") (I) CAPITAL REDUCTION; AND (II) SHARE CONSOLIDATION (COLLECTIVELY REFERRED TO AS THE "PROPOSALS") We refer to the Company's announcements dated 14 July 2023, 25 July 2023, 28 August 2023, 29 August 2023 and 20 September 2023 in relation to the Proposals. Unless otherwise stated, the terms used herein shall have the same meaning as defined in the said announcements. On behalf of the Board, RHB Investment Bank wishes to announce that the Company, had, via its legal counsel, filed an application to the High Court of Malaya in relation to the Capital Reduction pursuant to Section 116 of the Act. This announcement is dated 14 November 2023. ============== Be aware of on-going activities NOSH = 3,262,910,862 https://www.klsescreener.com/v2/stocks/view/0010/iris-corporation-berhad ============== (i) proposed reduction of the issued share capital of IRIS pursuant to Section 116 of the Companies Act, 2016 ("Proposed Capital Reduction"); and (ii) proposed consolidation of every 4 existing ordinary shares in IRIS ("IRIS Share(s)") into 1 IRIS Share upon completion of the Proposed Capital Reduction ("Proposed Share Consolidation"). Further details of the Proposals are set out in the attachment below. This announcement is dated 14 July 2023. https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3369371 16/11/2023 10:06 AM lordmaster Yalor. Profit making again. đ Quarterly rpt on consolidated results for the financial period ended 30/09/2023 | https://www.klsescreener.com/v2/announcements/view/5933053 18/11/2023 3:32 PM faizal959 MIMOS and IRIS have collaborated on various projects, such as the development of the Malaysian passport, the electronic national identity card, and the biometric verification system. MIMOS get 80M to expedite MYDigital ID. you think iris will not get benefit? iris will do capital reduction to pay all their debt. then do share consolidation. look at AAX they did it similar thing 09/12/2023 1:48 PM carimakan berita baik xde lagi.. berita ramai yg kena game ada la.. nanya pak karim 19/01/2024 4:10 PM Bull13 The Edge say more than 10 companies bidding for NIISE project. Who are the shortlisted ones?? 20/02/2024 10:14 AM witan Very likely Iris get compensation from government Govt ordered to pay RM231.55m in damages to Awantec over termination of RM3.5b SKIN project https://theedgemalaysia.com/node/704578 14/03/2024 6:16 PM Ganesan60 Hi anyone can advice on iris going consolidation..wts the rate after considition pls? 15/03/2024 10:52 AM flytothemoon consolidate to 0.3 so it can continue fall to 0.09 and then consolidate again?đ
21/03/2024 9:48 PM speakup To trap ikan bilis to sell lor Imagine u bought 15sen long time ago. Then suddenly now u see 32sen. First thing u will do is fast fast sell all cos u thought u doubled your money. 22/03/2024 1:27 PM  Michael Kwok Buy call 33.5 cents Please consider early april Support 28 cents not break many times Tp 50 cents range in 6 month time.Provided no right issues before 6 month(Tp 50 cents range) 22/3/24 6.04pm 22/03/2024 6:03 PM flytothemoon lol, like what i said, consolidate to 0.3 so it can continue fall to 0.09 and then consolidate again 22/04/2024 9:31 AM hhhiii123 big new, JV with Singapore company, can fly tomorrow? https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3439862 22/04/2024 8:23 PM hhhiii123 Malaysia government abondon Iris, while blue chip giant collaborate with Iris in Sinpgaore, so sacastic, Madani Malaysia haha 22/04/2024 9:58 PM  | | ||||||||||||||||||||||||||||||||||||||||||||||||
