KUALA LUMPUR (March 22): Theta Edge Bhd said the purported termination of its contract to develop a hospital information system and electronic medical record for Institut Jantung Negara is “based on alleged default by the company”.
“The project has made substantial progress and the company is currently seeking legal advice,” said Theta Edge in a filing to the stock exchange on Wednesday (March 22).
On Monday, Theta Edge announced that its wholly-owned unit Theta Technologies Sdn Bhd had received a notice of termination from Institut Jantung Negara Sdn Bhd.
The information communication and technology company, which is a member of Tabung Haji Group, said Theta Technologies had been awarded the four-year contract worth RM25.2 million by Institut Jantung Negara Sdn Bhd.
Tabung Haji fund is very important in Malaysia so ThetaEdge being a listed entity of Tabung Haji will get NEW SOURCE of contracts from GLC .I will not be surprised to see THETAEDGE giving out dividend in the near future with a new group of GOOD IT work force led by a very well discipline LADY CEO. In USA alot o listed company with lady CEO or deputy CEO perform very well like AMD, NASDAQ , GM etc and also the FORMER CEO of PEPSI who turn around the AILING competitor of COCAcola.A very GOOD BUY if share price fall below 60sen when most cabinet ministers are talking about internet of thing and INFO tech for seamless govt. operation and performance.
If the price falls below 60c...not worth to buy anymore. They cannot even support with NOSH below 200 millions and 38% owned by Tabung??? What's it good for then??
They also just lost a 25 million Contract with IJN.......whose fault?
Do not worry of 1 contract loss because any working government of the day will try to give them jobs in order for tabung haji to survive.if not where to find money for subside haj. At the moment TH is already late to declare the dividend which they normally announce in Feb.
Theta Edge Bhd said its wholly-owned subsidiary Theta Technologies Sdn Bhd has also accepted an LoA from MOE under the same programme, but this time for Zone 1: Selangor. The total value of its contract is RM47.4 million. Both contracts are for a period of 63 months commencing from Sept 15, 2023.
RHB Investment Research Reports Real Estate - Johor: The Malaysia-Singapore Interchange
rhbinvest Publish date: Tue, 31 Oct 2023, 09:47 AM Maintain OVERWEIGHT. We are upbeat on the outcome of the recent meeting between Malaysia and Singapore. Both governments have committed to accelerate the progress of the Johor-Singapore Special Economic Zone (SEZ), with further updates/details regarding tax incentives and cross-border electricity trading expected to be announced in the coming months. The leaders strongly emphasised the aim to smoother trips for people and transportation of goods. Companies that can potentially benefit significantly include UEM Sunrise, Sunway and AME Elite Consortium.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
berfikir
437 posts
Posted by berfikir > 2023-01-13 12:07 | Report Abuse
bila mau pecah daa