Posted by jvw1520 > 2 months ago | Report Abuse

Hi guys …. Any idea that the company can apply to Bursa to be get out of PN17?

Posted by 11395861 > 2 months ago | Report Abuse

jvw1520 Only Affected Listed Issuer now till 1 April 2024....not PN 17....your information not true.....Now the right time the company can apply to bursa to be get out of ALI

Posted by jvw1520 > 2 months ago | Report Abuse

@ 11395861
Thanks… was given the wrong info earlier … shld be good for them to be out of ALI …

Posted by 11395861 > 2 months ago | Report Abuse

Yup.....if company PN 17 status.....the share price down to below RM0.20 now

Posted by Alipapapa > 2 months ago | Report Abuse

Awantec win RM1Billion NIISE contract ??

Posted by Alipapapa > 2 months ago | Report Abuse

Market talk Awantec win a substantial contract from government.

Posted by Alipapapa > 2 months ago | Report Abuse

Exciting News! Awantec has been awarded the 1st Central Government Contract in APAC by Google Cloud recently.
This remarkable achievement is a testament to our commitment to excellence and innovation. We're proud to be recognised on such a significant platform, and we couldn't have done it without the hard work and dedication of our incredible team!
Thank you to everyone who has been a part of this journey!

Posted by 11395861 > 2 months ago | Report Abuse

Where Rajankumar....many info from him

Posted by Rajankumar > 2 months ago | Report Abuse

MATERIAL LITIGATION
The Group has filed and served its Originating Summons (“OS”) dated 15 April 2019 against
the Government of Malaysia (“GOM”) as Defendant claiming the amount of RM733 million
in relation to the termination of the Sistem Kawalan Imigresen Nasional (“SKIN”) by
expropriation.
The OS was heard before the High Court on 22 January 2021, 29 January 2021, 26 February
2021, 9 April 2021, 20 May 2021, 2 November 2021, 30 November 2021, 11 March 2022,
25 July 2023, 26 July 2023 and 27 October 2023. The Oral Closing Submission has been fixed
on 8 March 2024 by the High Court for the conclusion of the OS.
The Group remains positive on the compensation amount based on the formula stipulated
under the Concession Agreement. Based on the above, the management is confident that
there is no impairment necessary for the period under review.
Separately, PSKIN and GOM have also agreed to refer the dispute in respect of PSKIN’s
Originating Summons to court-annexed mediation conducted by the Kuala Lumpur Court
Mediation Centre (“Mediation Centre”). On 30 October 2019, representatives from PSKIN
and GOM (with Parties’ respective Counsel) attended the first mediation session and the
Group will continue to pursue mediation in parallel with the OS.

Posted by Rajankumar > 2 months ago | Report Abuse

The Oral Closing Submission has been fixed on 8 March 2024 by the High Court for the conclusion of the OS. The case finally came to an end. Awantec seek compensation RM700Million - RM950Million from Government of Malaysia. The amount is 2 times - 3 times market capital of Awantec. The chance of wining the case is very high.

Posted by Alipapapa > 2 months ago | Report Abuse

No wonder Awantec so strong recently. If really win the case, share price can hit 80sen-RM1.00.

Posted by 11395861 > 2 months ago | Report Abuse

For the win win situation...case finally to an end....NiiSe awarded to Awantech n Skin payment before cancellation RM284 milion paid...This OS case between Awantech n GOM will be closed.

Posted by Alipapapa > 2 months ago | Report Abuse

See u at 80sen after Awantec win the case on 8 Mar 2024.

Posted by SumSum8 > 2 months ago | Report Abuse

👍👍👍

Posted by Alipapapa > 2 months ago | Report Abuse

Awantec's unit wins RM4.96m contract from National Water Research Institute of Malaysia

KUALA LUMPUR (March 6): Awanbiru Technology Bhd’s (Awantec) wholly-owned unit has secured a RM4.96 million contract from the National Water Research Institute of Malaysia's (Nahrim) computing solutions and services for climate change research and development.

The contract focuses on the implementation of high-performance computing solutions to run Weather Research and Forecasting (WRF) models in the cloud computing environment, according to Awantec’s stock exchange filing.

The contract spans 30 months, running from March 8 this year until its expiry on Sept 7, 2026.

Awantec saw a steep run in its share price since early February, having appreciated 45% from 33.5 sen on Feb 8 this year. Its share price was unchanged at 48.5 sen on Wednesday, giving it a market capitalisation of RM383.1 million.

Posted by 11395861 > 2 months ago | Report Abuse

This counters stil strong after awarded 4 contracts from sel gov..moe...Red Tone...Nahrim.....another coming soon from Maxis

Posted by money_talk > 2 months ago | Report Abuse

tomorrow very important day. Will it be a final conclusion or never ending drama!!

Posted by comebackkid > 2 months ago | Report Abuse

Won't be a final conclusion as no reflection of it in it's price movement today.

Posted by 11395861 > 2 months ago | Report Abuse

Today is a historic day after 6 years SKIN terminated by GOM tru unilateral power

Posted by Badaksumbuuu > 2 months ago | Report Abuse

14 hb Mac akan dapat tau keputusan samada kes Awantec menang atau tak ?

Posted by Alipapapa > 2 months ago | Report Abuse

From share price today, i already know the outcome of the legal case. Outcome should be very good. No need wait 14 Mar officially announcement.

Posted by Alipapapa > 2 months ago | Report Abuse

Actually no many ppls know this legal case which will give Awantec RM700million compensation. Today buyer all are insider.

Posted by Alipapapa > 2 months ago | Report Abuse

Super good news !! Limit Up !!

Posted by minher > 2 months ago | Report Abuse

Look all government IT services provider such as THETA, HTPADU and EDARAN, all share price from 50sen rise above RM1.00. Awantec is one of the government IT service provider, will it break RM1.00 soon ?

Posted by 11395861 > 2 months ago | Report Abuse

Sudah mula goreng.....this share staring shine.....hope win this OS date 14 mac

Posted by Alipapapa > 2 months ago | Report Abuse

LIMIT UP ! LIMIT UP ! 🚀🚀🚀🚀🚀🚀🚀

Posted by Alipapapa > 2 months ago | Report Abuse

major shareholders and punter sapu the share in market.

Posted by comebackkid > 2 months ago | Report Abuse

If major shareholders sapu and coming Thursday outcome is good, why did it drop today? caveat emptor.

Posted by 11395861 > 2 months ago | Report Abuse

Why today did drop.....what happen..where are Rajankumar....tomorrow ladt battle at the court about compensation RM700 milion

Posted by Alipapapa > 2 months ago | Report Abuse

Congratulation all !! Awantec win !! Limit Up !! 🚀🚀🚀🚀🚀

Posted by Badaksumbuuu > 2 months ago | Report Abuse

Brapa compensation ye , AliiPaPaPa ?

Posted by Alipapapa > 2 months ago | Report Abuse

Awantec going to suspend soon to make an official announcement.

Posted by rob8ry24 > 2 months ago | Report Abuse

how is the legal case? win?

Posted by Stock Speak > 2 months ago | Report Abuse

https://ir.awantec.my/news.html/id/2483019

Posted by hcyau123 > 2 months ago | Report Abuse

Don't really understand the announcement. Can someone clarifies?

Posted by Badaksumbuuu > 2 months ago | Report Abuse

Ini monthly announcement. Takde kena mengena dgn kes compensation tu

Posted by Alipapapa > 2 months ago | Report Abuse

AWANTEC WIN !!

Posted by altis > 2 months ago | Report Abuse

Hi Alipapapa, How do you know ? Have u attended the court hearing ?

Posted by 11395861 > 2 months ago | Report Abuse

Which one true info about compensation RM700 milion... have someone to clarification this case

Posted by SumSum8 > 2 months ago | Report Abuse

👍👍👍

Posted by investor77 > 2 months ago | Report Abuse

Good news ? Huat ah !!

Posted by investor77 > 2 months ago | Report Abuse

Compensation of 231 mil and 5% interest from 2019 backdated. How much does Awantec owes Creditors. To be fair, pay some to Creditors and give some Dividends to shareholders !! Assuming 20%, 5 % for 4 years till 2024, of 230 mil, is 46 mil. Total is RM 277mil. Share should move as people waited 4 yrs + for compensation.

Posted by 11395861 > 2 months ago | Report Abuse

Tq omega for your clarify....the judge award PSKIN RM232 milion n GOM must be pay RM85000 legal cost during OS

Posted by Bleh > 2 months ago | Report Abuse

share price no move also .. lol

Posted by investor77 > 2 months ago | Report Abuse

No of shareholders is 780 million. Company sure will pay some to creditors. Board of Diretors not sure to appeal against decision if it spent more than 230 mil to develop the SKIN system. Anyway, sure to give some dividends to long suffering shareholders also !!!

Posted by Rajankumar > 2 months ago | Report Abuse

Finally, Awantec won the legal dispute with GOM. This is the best outcome for Awantec. With an amount of RM231 Million + RM58 million (5% interest for 5 years), Awantec can be moving ahead.

Posted by Rajankumar > 2 months ago | Report Abuse

For Awantec, this is the best outcome rather than loss in the legal dispute with the Government of Malaysia.

Posted by ronnie2u > 2 months ago | Report Abuse

sell on news...

Posted by hcyau123 > 2 months ago | Report Abuse

look like investors not happy with the outcome.

Posted by mf > 2 months ago | Report Abuse

collect