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Overview
Financial Highlight
HeadlinesBusiness Background OCK Group Bhd provides telecommunications network services. The company is engaged in the provision of telecommunication services equipped with the ability to provide full turnkey services. It provides comprehensive services to all six segments of the telecommunication network services market: network planning, design and optimization, network deployment, network operations and maintenance, energy management, infrastructure management, and other professional services. The company also trades in telecommunication hardware and installation of materials such as antennas, feeder cables, and connectors.
  Armageddon Save Print Back 0172 OCK OCK GROUP BERHAD MEMORANDUM OF UNDERSTANDING MEMORANDUM OF UNDERSTANDING OCK GROUP BERHAD (OCK OR THE COMPANY)Memorandum of understanding (MOU) with China Information Technology Designing & Consulting Institute Co. Ltd. You are advised to read the entire contents of the announcement or attachment. To read the entire contents of the announcement or attachment, please access the Bursa website at http://www.bursamalaysia.com 28/11/2019 12:41 PM Ref Code: 201911283000087 28/11/2019 3:06 PM sohaitrader MEMORANDUM OF UNDERSTANDING OCK GROUP BERHAD (OCK OR THE COMPANY) Memorandum of understanding (MOU) with China Information Technology Designing & Consulting Institute Co. Ltd. OCK GROUP BERHAD Type Announcement Subject MEMORANDUM OF UNDERSTANDING Description OCK GROUP BERHAD (OCK OR THE COMPANY) Memorandum of understanding (MOU) with China Information Technology Designing & Consulting Institute Co. Ltd. The Board of Directors of OCK is pleased to announce that the Company has entered into a Memorandum of Understanding on 28 November 2019 with China Information Technology Designing & Consulting Institute Co. Ltd., a subsidiary of China United Network Communications Group Co. Ltd or more commonly known as China Unicom. A copy of the press release setting out the information on the MOU is annexed herewith for your easy reference. A detailed announcement in respect of the MOU in compliance with Listing Requirements will be released separately today. This announcement is dated 28 November 2019. 28/11/2019 3:06 PM sosfinance One of Unicom's subsidiary is listed in HK with market cap of USD210 billion (HKD6.68), and a month ago the company is above RM1.0 trillion (HKD8.50). Good news. 28/11/2019 3:19 PM ttt the last time also they sign the MOU with the ISOC and nothing happened and expired. 28/11/2019 3:25 PM ttt and only OCK announce this with UNICOM. you dont see UNICOM doing the same announcement. must be insignificant. 28/11/2019 3:26 PM ttt but okay la, i give them B+ for initiatives to kick 5G in place considering Malaysia have yet to have any concrete strategies for implementation of 5G 28/11/2019 3:29 PM frank74 It’s about time for a revival after two years of slumber. It’s not that it’s gone south, but it has not exploded as we hoped for as well. Feels like we’re on the threshold, like where we were two years ago, with all that promise. Hope there are no more delays and this company fulfills its potential. 28/11/2019 6:00 PM win1661 what so big deal with 70 cents... last time no telco tower biz already can hit 80-90cents, now got 4200+ towers asset barely hanging on 60cents really shame on OCK.... by now it suppose should be over 1.0 at least.... 28/11/2019 7:39 PM sosfinance Since 2016, OCK has spent about RM600m on Capex, net debt increase about RM300m, that sounds reasonable. 29/11/2019 7:34 AM ttt MOU 12 months. same story as the ISOC case. Dont know if anything firm will materialise out of this. If they had a firm contract, I would be more convinced 03/12/2019 8:40 AM frank74 a lot of potential but also a lot of delays...latest delay - what happened to the supposed divestment in November? 03/12/2019 11:13 AM frank74 until they get their act together in terms of keeping to timelines, where's the credibility? 03/12/2019 11:15 AM Sebastian Power no need so leceh MOU. China company should direct buy some stake in OCK then semua settle. No need give granny story 03/12/2019 11:44 AM ttt good idea sebastian. if ock can get chinese investors, got more credibility. can be their vehicle to come in malaysia 5g market 03/12/2019 5:44 PM sosfinance Christmas sale today. 59/9.5 = 6.2x. Grab some WA. Was informed they will spin off part of the subsidiary, can fetch about 10-12x EBITDA multiple. This may be a good catalyst. 05/12/2019 5:51 PM sosfinance ttt@ about 30 trading days only. The Company does not have sufficient coverage by research houses, even though it is 70% held by institutional (including major shareholders) and research house is not experience in towerco biz; 09/12/2019 8:44 PM win1661 maybe 30sen even better... especially for those subscribed to the PP@60sen... hahaha 10/12/2019 6:25 PM fosther NFCP deployment will be awarded in January 2020 https://klse.i3investor.com/blogs/Treasureseekers/246433.jsp 11/12/2019 3:32 PM hiduphidup Earning side income here： i. Using labtop: https://www.ysense.com/?rb=59420198 ii. Using phone: https://cashkar.ma/SGYi9p9fbY 12/12/2019 9:26 AM frank74 This counter is indeed a brutal one, squeezing every ounce of patience from its investors. 12/12/2019 4:57 PM beginner58 This is a good counter, every QT makes good money, so what's the worry? 12/12/2019 5:30 PM Karlos Under NFCP telcos are required to share both fixed and mobile infrastructures and this policy will bode well for OCK future. 13/12/2019 11:47 AM  |
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