Latest News, Corporate

NetX inks MoU to license four e-payment products to Payallz

By Sulhi Azman / theedgemarkets.com | April 4, 2017 : 8:07 PM MYT

KUALA LUMPUR (April 4): Loss-making technology solutions provider NetX Holdings Bhd announced that its wholly-owned subsidiary Ariantec Sdn Bhd has signed a licensing agreement with Payallz International Ltd to license four electronic payment products that will be based on a 50:50 revenue-sharing model.

The four products to be licensed are AllZ mPOS, AllZ+, AllZ 360° and AllZ Wallet, all of which are housed under Ariantec.

This, said Ariantec, was because Payallz had today signed a partnership with Cambodia’s Hello Digital Co Ltd to provide technology resolutions and digital marketing services, which will include of AllZ mPOS, AllZ+, AllZ 360° and AllZ Wallet into their portfolio of products.

“The agreement will not have material effect on the earnings and net assets of NetX for the financial year ending June 30, 2017 until specific order is issued,” NetX said in a filing with Bursa Malaysia this evening.

“Upon issuance of specific work order, the company expects the project to contribute positively to its future earnings,” Ariantec added.

Incorporated in Hong Kong, Payallz is involved in the marketing of mobile payment, e-wallet and loyalty programme solutions.

NetX shares closed unchanged at three sen today, valuing it at a market capitalisation of RM37.53 million. Some 38.56 million shares – equivalent to 3.08% of its share capital – were traded today.

nice rebound

I thought Aug 15, TMS consolidation 2 into1....@Prince
TMS need time to boost up..

Fortunes of Key ASIC hinge on two chips
http://www.stockhut.com.my/news/65548

Fishing finish... go for 12.5c clossing.

Start collect lo

Rm1 on d way, major corporate action!!

A GST play, to benefit from the property industry spanning upgrades for GST.

Massive jump in earnings expected; IFCA is ready to reward shareholders.

We value IFCA at MYR0.42, based on 14.5x FY15 PER. The stock is an under-researched gem.
What’s New

IFCA is a business software solution company specializing in the property industry. It has a monopoly-like business model with 70% market share in the Malaysian property software industry.

IFCA is the biggest beneficiary of GST implementation in the property sector. It has chalked up higher sales contracts in 1H14 of MYR42.1m at its Malaysia operation alone (2013: MYR38.9m) on upgrades in IT systems by the developers. As only 10% of its existing clients have upgraded/are upgrading their software for GST implementation, we see enormous potential for IFCA.

IFCA is also reaping the fruit from its aggressive expansion in China over the past ten years. Its China operation is expected to record strong double-digit growth in sales/earnings; it will likely overtake its Malaysian business as the key earnings driver by 2016-17. The company is ready to reward shareholders with dividends/free warrants. It also plans to transfer to the Main Market.
What’s Our View

Based on our back-of-the envelope calculation, we project a strong 406% growth in FY14 net profit to MYR8.8m, and a 50% growth in FY15 to MYR13.1m. These are premised on strong contract sales and improving net margins. As at June 2014, balance sheet was clean with a net cash of MYR30m or 6.7sen/sh.

Pegging it to 14.5x PER (10% discount to the average of peers of 16.1x), we derive a fair value of MYR0.42 for IFCA.

Source: Maybank Research - 25 Aug 2014

Will issue bonus soon.....

Soon Luster will take over buy diamond's owner in order to build 2nd airport...

OTHERS ADVANCE SYNERGY BERHAD (“ASB”) Striking off inactive wholly-owned subsidiary of ASB [held via Advance Synergy Capital Sdn Bhd (“ASCAP”)]

ADVANCE SYNERGY BERHAD

Type Announcement
Subject OTHERS
Description ADVANCE SYNERGY BERHAD (“ASB”)
Striking off inactive wholly-owned subsidiary of ASB [held via Advance Synergy Capital Sdn Bhd (“ASCAP”)]

Further to our announcement on 26 December 2012, the Board of Directors of ASB wishes to announce that Triton Engineering Sdn Bhd, an inactive subsidiary incorporated on 10 October 2001, had on 29 May 2014 received the notice of striking-off from the register of the Registrar of Companies pursuant to Section 308(4) of the Companies Act, 1965.

The aforesaid striking-off is not expected to have any material impact on the earnings per share and net assets per share of ASB Group for the financial year ending 31 December 2014.

None of the directors, major shareholders and/or persons connected with the directors and major shareholders of ASB has any interest, direct or indirect, in the aforesaid striking off.

This announcement is dated 29 May 2014.

Advance Synergy Bhd announces re-organisation of group structure
Friday, 16 May 2014
Advance Synergy Bhd:Subsidiary Synergy Capital Sdn Bhd transfered its entire holding of 10 ordinary shares of A$1 each, representing 50 pct equity interest in Quality Bus & Coach Pty Ltd to Quality Bus & Coach (M) Sdn Bhd.Quality Bus & Coach (M) Sdn Bhd is 61 pct owned subsidiary of Synergy Capital Sdn Bhd.Transfer for cash consideration of A$ 10.Pursuant to transfer of QBC Australia, Autobus Australia Pty Ltd, wholly-owned subsidiary of QBC Australia, will become an indirect wholly-owned subsidiary of QBC Malaysia.

Advance Synergy Bhd proposes final dividend
Monday, 28 Apr 2014
Advance Synergy Bhd:Proposes a first and final single tier dividend of 0.25 sen per share in respect of FY 2013.

Advance Synergy subsidiary dispose off 70pct interest in THV Management Services Sdn Bhd
Tuesday, 8 Apr 2014
Advance Synergy Bhd:Antara Holiday Villas Sdn Bhd (AHV) enters into Share Sale Cum Settlement Agreement with TH Hotel & Residence Sdn Bhd (THHR).For the disposal of its entire shareholding of 350,000 shares representing 70pct equity interest in THV Management Services Sdn Bhd (THV) to THHR. THHR is currently holding the remaining 30pct equity interest in THV.Cash consideration of 350,000 ringgit only.

Quater financial report will come out this few day, hope it will flying back uptrend....

Is true... all panic sell .... benefit to big shark...

We refer to the letter from Bursa Malaysia Berhad dated 26 May 2014 querying on the rise in price and volume of ASB’s securities recently.

In accordance with Paragraph 9.11 of Main Market Listing Requirements (“Bursa Securities LR”), the Board of Directors of ASB would like to confirm that to the best of their knowledge after making due enquiry with the Directors and major shareholders and such other relevant persons, the Company is not aware of:-

1. Any corporate development relating to ASB Group’s business and affairs that has not been previously announced that may account for the trading activity including those in the stage of negotiation/discussion;
2. Any rumour or report concerning the business and affairs of ASB Group that may account for the trading activity; and
3. Any other possible explanation to account for the trading activity, save for the following:-
a. The proposed first and final single tier dividend of 0.25 sen per ordinary share of RM0.30 each for the financial year ended 31 December 2013, subject to shareholders’ approval at the forthcoming Annual General Meeting as announced on 28 April 2014.
b. The proposed disposal of the entire shareholding and voting rights in Alangka-Suka Paris, Holiday Villa Lafayette Paris and Legenda De Malaisie as announced on 10 February 2014 and 9 May 2014.
In addition, the Group is continuously seeking opportunities, evaluating proposals and executing key strategies to improve performance, expand operations and turnaround its loss making/under-performing subsidiaries. Appropriate announcements will be made if and when any of these business opportunities/proposals are confirmed and finalised.
The Board of Directors also confirms that the Company is in compliance with the Bursa Securities LR, in particular Paragraph 9.03 of the Bursa Securities LR on immediate disclosure obligations.
This announcement is dated 27 May 2014.

Later may good news out and limit gap up...cheers

ASB- TRADING HALT & RESUMPTION OF TRADING

ADVANCE SYNERGY BERHAD

LISTING'S CIRCULAR NO. L/Q : 70664 OF 2014

Kindly be advised that trading in the above Company's securities has been halted with effect from 10.38 a.m., Tuesday, 27 May 2014 and will resume with effect from 11.38 a.m., Tuesday, 27 May 2014.

Your attention is drawn to the Company's announcement dated 27 May 2014

Very strong buying rate at 0.245, good sign... buy in before it shoot up... watch up contra wash...

latest UMA issue to those stock usually up.. Even thought newspaper also came out ASB stock NTA 86c ...

Up up up lo... huat la

OTHERS ADVANCE SYNERGY BERHAD (“ASB”) Announcement by Captii Limited (formerly known as Unified Communications Holdings Limited) (“Captii”)), a 58.3%-owned subsidiary of ASB (held via Worldwide Matrix Sdn Bhd, a wholly-owned subsidiary of ASB), to the Singapore Exchange Securities Trading Limited (“SGX”)

ADVANCE SYNERGY BERHAD

Type Announcement
Subject OTHERS
Description ADVANCE SYNERGY BERHAD (“ASB”)
Announcement by Captii Limited (formerly known as Unified Communications Holdings Limited) (“Captii”)), a 58.3%-owned subsidiary of ASB (held via Worldwide Matrix Sdn Bhd, a wholly-owned subsidiary of ASB), to the Singapore Exchange Securities Trading Limited (“SGX”)

Pursuant to paragraph 9.19(40) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad (“Bursa Securities”), we wish to inform Bursa Securities that Captii, our subsidiary which is listed on the SGX, had on 26 May 2014 released an announcement concerning update on the petition filed for interim relief by Unified Telecom Private Limited, a joint venture entity of Captii in India.
Please refer to the attached file for the said announcement made by Captii to the SGX.

This announcement is dated 26 May 2014.

UMA no more care now a day... sure go have good news will be coming out soon...
or ASB will reply do not know....

（吉隆坡10日讯）先进协作（ASB，1481，主板贸易服务股）接获法国公司Maranatha献议，以3430万9500令吉脱售旗下握有巴黎产业与经营餐厅的子公司股权。
根据文告，Maranatha献议以总额4672万5000令吉，买入ASP、巴黎假日别墅Lafayette酒店（Holiday Villa Lafayette Paris，HVLP）和Legenda De Malaisie公司（LDM）的所有股权。
先进协作通过Alangka-Suka酒店与度假村私人公司（ASHR），持有Alangke-Suka巴黎公司（ASP）的70%股权，后者掌握HVLP所有股权。先进协作也通过ASHR，握有LDM所有股权。
以先进协作所持股权，集团接获的献购价为3430万9500令吉。
ASP是酒店业主，LDM为餐馆业主，而HLVP是负责经营酒店和餐馆。
Sources: Nanyang (财经 天下 2014-02-11 12:04)

（吉隆坡11日讯）先进协作（ASB，1481，主板贸易服务股）宣布成立联营子公司，以管理朝圣基金局（LTH）在登嘉楼的Holiday Villa酒店。
先进协作昨天在文告中指出，这项联营合约是由独资子公司Antara Holiday Villas私人有限公司（简称AHV），与TH酒店私人有限公司所签署。
此联营公司缴足资本为50万令吉，AHV持股比例为70%，另30%则由TH酒店所持有。
据了解，这家位于登嘉楼的酒店，将在2013年中旬竣工。
另一方面，AHV去年8月宣布以220万令吉，收购吉隆坡市中心一间办公楼，尾数198万令吉已在今日全数缴清，意味着收购计划已完成。
Sources: Nanyang 12 Jan 13

Welldone... good clossing 0.185 tomorrow another up day....

Today last 2mins clear all 0.17, tomorrow may gap up...

Good morning 2 all...
Mike any buy call for today?
Miaca n wtk?

HIHIHI... ok noted. tq mike sifu

Mike matrix n DBHD which one more potential?

Mike sifu miss ur ktb this morning due to no bullet..waiting ur new ctr. tq

Congrates all in gp boat.... I also manage get some coffe... tq mike sifu

Tq Mike sifu for ur insas advice.

Mike sifu... what is view on insas?

Mike, may u explain abit on EAH right issue work? Tq

To celebrate VVIP promotion coming month.....price up is celebration gift to him....more project will come...

Redtone tp rm0.9 will coming soon... buy it low price b4 shoot up...

waiting AGM lol

Good news will coming on AGM seeking approval for JV with IJM... selling land....etc... flying high soon

Calm down... CSL will flying high soon...

http://klse.i3investor.com/blogs/highlights/47526.jsp

Welldone... good job and alot effort by Madiba on the analysis..
Thank you for sharing..make me more confidence to hold this solid company....

I will continue hold until MPAY reach MyEG level... cheers

Just delay 2 mins enter wa wit 0.105 suddenly take off 0.115...
Lucky i still enter 0.115 catch last boat...
Tomorrow will another up day....

Cheers everyone... MPAY NEED PATIENT FOR LONG TERM MOVE..!

Luster soon will break thru 0.13 just matter of time....
PDZ take 7 days bounce back n now at 0.13....

A lot small buyer keep selling but BB maintain price & accumulate....
Today shall sustain rm 0.13.....
Story will b continue tomorrow?

Collect 0.125

Typo error.. not able to upload..

I able upload the pic...
I hope today closed at rm0.135 better.....Anyhow may ppl push up high during closing.
Tomorrow continous up.....slow n steady...

1st target rm0.16 shoild not a big issue....
2nd target rm0.19

Cheers

EPS Q4 WITH 0.281 vs Q3 with 0.13
Profit up to 9516 vs Q3 with 3037

Better quater4 result

Yes.. lobster bull....

Next target rm0.16 follow by rm0.19...

Cheers lobster geng