total purchase consideration of RM75,000,000, which shall be satisfied via cash consideration of RM20,000,000 and the remaining RM55,000,000 settled via the issuance of 152,777,777 ordinary shares in Systech Bhd. at an issue price of RM0.36 each

https://klse.i3investor.com/web/mktbzz/additional-detail/37264_2876910304

Looks like the price is being adjusted due to acquisition of 552,255 ordinary shares in Wilstech Sdn. Bhd.

wow, ABRDN keeps collecting

There are signs of rebound today. Weak traders / holders were washed out alrdy ? 😁

What is Ong terrriois ?

but, no idea why they re-posted this announcement .. https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3445904

Yes, I think the company will announce free warrants soon 😃

https://www.thestar.com.my/business/business-news/2024/05/09/upbeat-outlook-for-ctos-despite-slow-start-to-fy24

Upbeat outlook for CTOS despite slow start to FY24. upupup

Give you chance to collect while it's stagnant, apparently 😁😁

Nice, local and foreign funds keep collecting CTOS

Buy for its free warrants

shoot, it goes up instead ...🙃

High probability that it will turn green in the next quarter

When it turns green for the next qr 😁

no worries, I have the patience to wait for it to break 50 cents 😃

May b he is a hidden multi-millionaire in Malaysia 😁

waw, great momentum after 4 pm today. I guess Systech will challenge to break 50 cents tomorrow

What did Wilson share?

The company will definitely turn losses into profits in the future

EPF was collecting back CTOS by the way

Bonus issue, bonus issue is coming

It's issuance of warrants, not new shares. Hence, there will be no price adjustment for the mother shares

Prepare to hoot it when it drops to certain cheap price 😁

Uptrend sign appears. People use raya money to hoot? 😄

D&O vs MMSV. Which one is better

https://www.digitalnewsasia.com/business/ace-listed-systech-acquires-wilstech-giving-3x-return-ecf-investors

Acquisition of Wilstech will give 3x return to ECF investors. For the record, Wilstech has recorded impressive growth in revenue and profit; the year-on-year revenue growth for 2020/21 and 2021/22 are 146% and 167% respectively, whereas the Profit-After-Tax is 113% and 199% respectively for 2020/21 and 2021/22

Is Samsung one of MMSV's customers?

slowly accumulate at the range between 40.5 and 42 🙂 Short-term TP would be 62 cents

CTOS is wobbling around Rm1.40 before it goes back to Rm1.50 something.

PADU should outsource the cybersecurity works to Systech 😬

https://www.malaymail.com/news/malaysia/2024/03/29/cybersecurity-malaysia-affirms-padus-security-dismisses-claims-of-data-integrity-compromise/126268

Back to RM1.5x soon

yup, better take this golden opportunity to accumulate before it shoots up afterwards 😋

Good point, NoTimeToTrade. I think CTOS will win the case too

I estimate they will give it 2 to 1, meaning that for every 2 shares held, shareholders will receive 1 free warrant.

Any updates on the case? Did CTOS win against that businesswoman ? 😁

Nice, good news came as expected by this month end 🤗 the entry point is now

Mobile phone market bounces back

https://www.scoop.co.nz/stories/HL2403/S00039/download-weekly-mobile-phone-market-bounces-back.htm

it still resting at 41.5 cents there and waiting for that particular good news to come out

Apple and Google Could Team Up on Generative AI 😮

https://www.fool.com/investing/2024/03/19/apple-and-google-could-team-up-on-generative-ai-he/

https://thesun.my/local_news/igp-pdrm-college-ready-to-be-cyber-security-learning-hub-FB12203116

do you see how important cybersecurity for the future is 🤓

Even PDRM are prepared to turn the PDRM College in Cheras into a learning and research hub for cyber security

Don't put them down. College graduates are the future of M'sia's development

it does explain why the buying volume is huge today, hehe

The woman who sued CTOS was one of the short sellers ?👀👀

Good article to share. He writes a good content about the importance of cybersecurity in the digital age

https://www.theglobaltreasurer.com/2024/03/11/securing-the-future-navigating-the-complexities-of-cybersecurity-in-the-digital-age/

I feel like we can expect MMSV to turn profits in FY2024

The acquisition is subject to the approval of Wilstech shareholders and Bursa Securities, and expected to be completed in the first quarter of 2024.

https://www.nst.com.my/business/corporate/2024/01/1002333/systech-propel-company-forward-acquisition-wilstech%C2%A0#google_vignette

Great. Then can collect it at cheaper price again

This counter's trading volume is quite active. Next stock to be goreng up? 😁