Highlights
KLSE: RGTECH (0202)       RADIANT GLOBALTECH BHD ACE : Technology
Last Price Today's Change   Day's Range   Trading Volume
0.375   0.00 (0.00%)  0.37 - 0.38  2,953,200
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Change in Company Address

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Ann. Date Date Type Old New Registrar Tel. Fax Email View
26-Feb-2019 26-Feb-2019 REGISTERED THIRD FLOOR, NO. 79 (ROOM A) JALAN SS 21/60, DAMANSARA UTAMA 47400 PETALING JAYA SELANGOR MALAYSIA THIRD FLOOR, NO. 77, 79 & 81 JALAN SS 21/60, DAMANSARA UTAMA 47400 PETALING JAYA SELANGOR MALAYSIA null 03 -77251777 03 -77223668 View Detail
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  3 people like this.
 
Joebkk Egm then 0.38
23/10/2020 9:09 AM
BillyK huat huat
23/10/2020 9:09 AM
miniyaoming Oh yeah, 0.42 !!!!
23/10/2020 9:13 AM
BillyK tmrw 70
23/10/2020 9:19 AM
Faiza interesting time
lets go limit up
23/10/2020 9:30 AM
Faiza );
23/10/2020 9:59 AM
Joebkk Before egm 375 ... after egm sure fly 400+
23/10/2020 10:14 AM
amateurJR Lai see how far it can move
23/10/2020 10:15 AM
amateurJR Dun greedy hit own tp must take profit
23/10/2020 10:16 AM
Joebkk Watching egm live now
23/10/2020 10:28 AM
Faiza frm egm, biz recovery shud be fast as no customers cancel contracts
just some delays
23/10/2020 10:52 AM
Faiza good acquisition & value buy
23/10/2020 10:57 AM
fidaus2005 good egm, time to 46cent
23/10/2020 11:23 AM
Faiza https://www.theedgemarkets.com/article/radiant-globaltech-gets-shareholders-nod-buy-majority-stake-grandflo-spritvest?type=malaysia
23/10/2020 3:20 PM
Bourbon the timing is just very unfortunate lah..
23/10/2020 9:03 PM
MAM2020 Post removed. Why?
23/10/2020 10:58 PM
Faiza acquisition of GF Spritvest completed.
shud see growth in bottomline
02/11/2020 1:48 PM
Faiza interesting time
02/11/2020 1:48 PM
kenie Radiant Globaltech gets shareholders' nod to buy majority stake in Grand-Flo Spritvest

KUALA LUMPUR (Oct 23): Retail technology solutions provider Radiant Globaltech Bhd has obtained its shareholders’ approval to acquire an 80% stake in Grand-Flo Spritvest Sdn Bhd (GF Spritvest) for RM11.6 million cash.

Radiant Globaltech had on Sept 10 said the remaining 20% will be held by Jejaka 7 Capital Sdn Bhd, in which GF Spritvest director and chief executive officer Cheng Ping Liong holds majority equity interest of 55%.

In a bourse filing, Radiant Globaltech said its shareholder approved the acquisition at its extraordinary general meeting today.

It said the acquisition of GF Spritvest would allow the group to expand its customer coverage to include non-retail customers such as fast-moving consumer goods (FMCG), electronics, and utilities industries in Malaysia.

Radiant Globaltech managing director Paul Yap Ban Foo said the firm intends to integrate GF Spritvest’s software offerings to its AX B2Ba platforms, and combine technical support service teams.

“This allows us to create a synergistic effect through enhanced solutions and capture a larger market share in the non-retail segments, including the FMCG, electronics and utilities segments.

“Once the regional borders are open, we will have the opportunity to bring GF Spritvest’s software offerings to countries where we have established a direct presence, namely Cambodia, Vietnam and Thailand.

“This would bring us one step closer to reaching our goal of becoming a leading total integrated technology player,” Yap said.

Radiant Globaltech said the acquisition is supported by a service agreement with Cheng, who will continue to lead GF Spritvest.

Further, it said Cheng would provide a cumulative net profit guarantee of RM3.2 million from the completion date of the share sale agreement (SSA) until the financial year ending Dec 31, 2022.

The firm said the acquisition is expected to be completed in the fourth quarter of 2020, pending the fulfilment of terms of the SSA

A unit of Main Market-listed Grand-Flo Bhd, GF Spritvest provides electronic data capture and collation solutions that enable businesses to manage and collate data with barcode and radio-frequency identification technology.

Its clientele includes prominent companies in the fast-moving consumer goods and electronics industries, as well as government-linked companies in Malaysia.

At midday break today, Radiant Globaltech rose 7.35% or 2.5 sen to 36.5 sen, valuing it at RM191.69 million.
05/11/2020 10:06 AM
kenie Cheng would provide a cumulative net profit guarantee of RM3.2 million from the completion date of the share sale agreement (SSA) until the financial year ending Dec 31, 2022.

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hahaha...Granflo own Grand-Flo Spritvest Sdn Bhd also financial losses 3mil how to profit guarantee 3.2mil to Rgtech
05/11/2020 10:08 AM
trader233 Come on rgtech 50c
05/11/2020 4:25 PM
Faiza Nice
05/11/2020 8:28 PM
thesteward Rgtech could fly like techfast
06/11/2020 1:40 AM
whatsapp_60108599233 RGTECH
- Entry: <0.39
- Cut Loss: 0.365
- Risk: 6.41%
- MACD: 0.0032

TP Valid for Swing & CFK only:
- TP1: 0.42
- TP2: 0.445
- TP3: 0.47
12/11/2020 12:16 PM
Faiza huat huat
13/11/2020 9:58 AM
Faiza tp50
13/11/2020 10:13 AM
Faiza go limit up
13/11/2020 3:05 PM
Faiza fly like tecfast
13/11/2020 3:24 PM
Faiza tmrw limit up
13/11/2020 5:10 PM
kfoong81 calm down Faiza, tomorrow Saturday liao.. ;)
13/11/2020 10:37 PM
maxstore769 bull pattern
14/11/2020 9:13 AM
Amukutty Yes Faiza i hope and pray Q3 results will be good.Enough of waiting.Just want to have a peace of mind.
14/11/2020 1:57 PM
Faiza Likely will hve profit contribution frm newly acquired spritvest, great synergy with existing biz, great potential
14/11/2020 3:57 PM
CalvinKang rgtech's movement a little bit slow. but full of potential. hold tight
19/11/2020 7:28 PM
Faiza https://www.theedgemarkets.com/article/covid19-catalyst-businesses-digital-transformation-journey

KUALA LUMPUR (Nov 19): As businesses accelerate their migration to digital technologies, driven by the Covid-19 pandemic, they need to ensure the process continues during the recovery and post-pandemic periods, Malaysia Digital Economy Corporation (MDEC) chief executive officer Surina Shukri said.

She said the digital transformation wave is still under way in many industries, both in Malaysia and the Asia-Pacific region, especially among the small and medium enterprises (SMEs) where they are focusing on the digitalisation of products, services and business processes.

While doing so, businesses also need to start adopting the Fourth Industrial Revolution (IR4.0) technologies, she said at a spotlight session entitled “APEC’s Artificial Intelligence (AI) Opportunity”, in conjunction with APEC CEO Dialogues 2020 today.
20/11/2020 10:36 AM
Faiza digitalisation of biz is the future
in a year tp1.50
20/11/2020 10:37 AM
Faiza buy and keep
see the returns in a year
few 100%
20/11/2020 10:38 AM
orange11 next few years should be good
expecting robust growth
if not good, just sell then
20/11/2020 11:50 AM
Amukutty Orange11 The next few years.Thats a long wait.
20/11/2020 1:39 PM
orange11 amukutty, if next few quarters showing growth,
next 1 to 3 yrs will be joyride up the moon
digitalisation is the trend now, not only bcause of pandemic, also to
increase efficiency and optimise resources
20/11/2020 2:50 PM
Amukutty orange11 thank you.You made my day.God Bless.
20/11/2020 3:23 PM
maxstore769 thanks for idea
21/11/2020 9:37 AM
willee2 rm1 next year :)
22/11/2020 10:05 PM
jack2 https://www.theedgemarkets.com/article/technology-players-among-businesses-most-receptive-budget-2021
23/11/2020 7:49 AM
maxstore769 ;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;
23/11/2020 10:21 PM
phyroxus what a shame stock, price drop again
24/11/2020 6:08 PM
Happy2244 qr good or bad?
25/11/2020 6:58 PM
wakarimas result so bad. as expected, run run run........
25/11/2020 7:37 PM
trader233 It's earning compared to 1st & 2nd qtr.. See all the result lah..
25/11/2020 7:54 PM
wakarimas see the pe so high..... and the profit macam not promising.,...hoot revenue faster
26/11/2020 3:29 AM


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