KLSE (MYR): MBRIGHT (2097)
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Last Price
0.155
Today's Change
0.00 (0.00%)
Day's Change
0.155 - 0.16
Trading Volume
1,023,900
Meta Bright bags equipment leasing contract from Australian copper mining firm
https://theedgemalaysia.com/node/709214
2 weeks ago
that's really a good news. Mbright expects to earn A$222,950 (approximately RM694k) in rental income per month by leasing the equipment to Australian company
2 weeks ago
Based on the assumed acquisition price of A$8 million for the equipment, it is anticipated to contribute a total monthly rental of A$222,950, the group said.
The leasing agreement most likely will be approve
1 week ago
Great news, Meta Bright wholly-owned Australian subsidiary, Meta Bright Sdn Bhd, has secured financing facilities totalling RM28mil from AmBank (M) Bhd
1 week ago
The funds will be channelled to purchasing high-value equipment for Meta Bright Australia Pty Ltd, which has recently entered into the third leasing contract with Mt Cuthbert Resources Pty Ltd (MCR), a move set to solidify MBGB's presence in the international market and ensure a steady stream of recurring income, estimated at A$222,950 (about RM691,657.78) a month.
1 week ago
Actually impressive for MBRIGHT to get financing from ambank in such a short period.
1 week ago
Meta bright really has a bright future. Now it will have a steady stream of recurring income from the equipment leasing contract
1 week ago
It certainly has bright future and I believe it will continue to generate revenue of over RM10 million every quarter
1 week ago
The mining industry itself is projected to grow at a CAGR of 11.3% from 2023 to 2025, actually a good business for Mbright to venture to it
6 days ago
Don’t forget Mbright also owns the hotel business, which will generate significant revenue this year thanks to the booming tourism industry
6 days ago
Yea, Malaysia's tourism rate is very hot recently
https://www.malaysiakini.com/news/704092
6 days ago
Trading volume is building up gradually. Dnt worry, it will definitely break 16.5 cents in due time
3 days ago
Mbright will shoot up when it presents excellent QR. Be patient and hold on tight 😉
3 days ago
Having a diverse business like Mbright will continue to deliver us excellent quarterly results
2 days ago
Support pull back down again, wait for trend reversal then can move to 0.20
2 days ago
Probably it will be hovering at 15 - 15.5 cents for the time being before its QR is out ..
2 days ago
Anyway, Mbright is expected to generate substantial monthly recurring rental income, estimated at about RM691,657.78
15 hours ago
and bolster up its presence in the Australian market too with the contract it received from Australian copper mining company
15 hours ago
yeah, this will significantly increase the company's revenue in FY24 and beyond
7 hours ago
It has initiated operational phase of solar project. Perhaps next contract will be solar power related
5 hours ago
SBcoffee
Public invest TA was right, I think can push further up
2 weeks ago