This news good for Edu?

PETALING JAYA: Teachers and parents are glad that the troublesome Frog virtual learning environment (VLE) and 1BestariNet will no longer be used in schools.

Teacher M. Punitha described the Frog VLE as very “user-unfriendly”.


The secondary school teacher from Melaka said she was excited to hear that Google Classroom would take over.

On Thursday, the Education Ministry announced that the contract with 1BestariNet to provide Internet access to schools nationwide would end tomorrow.



“Google Classroom is not only free but easy to learn. We don’t need to attend courses and teachers are not being forced to use it,”


Read more at https://www.thestar.com.my/news/nation/2019/06/29/google-classroom-gets-nod/#2rWcIsfPlA3CoEgB.99

Dont get too excited yet. Service provider and Content provider are 2 different things.

Crazy thought. Two Horses Capital works with Kencana Capital to inject the education biz into Edu? They shd forget abt the theme park. Child's play.

Maybe set up new branch there

Negeri Sembilan? P.D.? Any link?

Who is the buyer of Paramount education business? Cant be edu coz they hv no money...

Education business cannot make money.

Paramount to sell education biz for RM540.5m, pay RM177m special dividend

Maybe offspring and rio2814 hv answers

A theme park at rm38m investment is anything but big. Otherwise, why are they letting you to buy at 3.5s even after the announcement? Food for thought....

Only 38m is for theme park. Rest is for reducing bank borrowings and working capital.

Btw the edupark is too kacang putih. Probably the size of petrosains. Unless something bigger than this happens..

What do u think Sharul

This is his only plc left, after Opcom and Yinson. So will he give it up too?

50:50. But likely sell n leave

Maybe mm will leave the co or buy up and control the co and inject own assets .

There will be dilution of shareholding resulting from RCPS conversion. Dont think MM will be happy with that.

Mokhzani quits Opcom to concentrate on Eduspec??

EduPark in Port Dickson.

Looks like the govt is very serious in using new technology for education in Mallaysia. EDUcate! EDUCate! EDucate!

Read todays Star. Malaysia will use Australia online English program . More online education coming soon? Super great potential for Eduspec.

Maybe Koon YY should donate to set up one. Don’t forget, UTAR was set up by MCA under BN time.

Is PH setting up a university to compete with UTAR?

Note SHARP has the Foxconn Education Software program.

RATIONALE
The MOU is expected to enable the STEM business model of EHB Group to better integrate and complement with SHARP’s products and its initiative to streamline its companies business venture into the education sector by jointly collaborate with EHB Group to provide and promote Smart Education Solutions in Malaysia and the Region.

As at the date of this announcement, SHARP has an issued share capital of RM54,000,000.00 divided into 54,000,000 ordinary shares issued as fully paid shares.
The Directors of SHARP as at the date of this announcement are as follows :
1) Wu Po-Hsuan
2) Ting Yang Chung
3) Masashi Murano
The shareholders of SHARP and their respective shareholdings in SHARP as at the date of this announcement are as follows :
SHARP is a company engaged in selling and distribution of consumer electrical products and providing integrated business solutions which includes multi-function (MFP) and production printers, notebook computers, interactive white board and professional display panels, Kiosk, Multiscreen Panel (Video Wall), POS System, B2B air purifier solutions and Foxconn Education Software Program.
Shareholders
Number of Ordinary Shares
Percentage (%)
Sharp Corporation, Japan
54,000,000
100

Eduspec signs MOU with SHARP MALAYSIA.

Yes. Interesting....1 MP from Kampar, (DAP) & 1 MP from Tanjung Malim (PKR)

Seriously to make big bucks$$$, edu must diversify to big time business, like O & G. Remember SApura Kencana was initially listed as a ACE co which was later promoted to Main Market. After the balance sheet excercise, it is definitely an attractive target for takeover.

Latest....boardroom fighting

5G for online education and cloud services??

New intake for matriculation now increased to 40,000 from 25,000. Big business if online education becomes a reality...

5G for online education and cloud services??

Good chance of getting IC project and get back passport project from Dsonic. 40s is no problem.

IRIS win back IC project?

Retained earnings to issue bonus shares.?

TRADING of shares in Eduspec Holdings Bhd (fundamental: 0.15/3, valuation: 0.9/3) triggered our momentum algorithm yester- day for the first time this year.
The stock closed one sen or 33.33% higher at four sen, after 92.41 million shares were traded, versus its 200-day average volume of 4.03 million shares. The group’s market capitalisation stood at RM44.07 million.
Eduspec is principally engaged in providing IT literacy materials for primary and second-
ary schools which is mainly done through its subsidiary Dynabook Computer Centre.
On Jan 31, it proposed to undertake a cap- ital reduction to cancel RM107.31 million of its paid-up share capital to offset accumulat- ed losses. With this, it hopes to transform its financial position from an unaudited accu- mulated loss of RM54.44 million as at Sept 30, 2018, to RM62.83 million in retained earnings.
As of yesterday, Eduspec shares were trading at 0.56 times its net book value.

Online learning coming

Plus the MM factor...

Eduspec now super clean co with retained profits. Surely will attract new investor confidence .

2017 annual report Kencana Capital owns 3.6% . Mokhzani owns 90% of Kencana Capital (according to the Edgedaily today)

Pls read the egm circular in the announcement

Dont worry. After the capital reduction excercise, egm is march 15, edu will return to the black. From loss position to gain with retained profits. They may use the retained profits to give out free warrants.

Think the will be good q results or good news

Make EDUSPEC GREAT AGAIN!!

Refer yesterday announcement. After clean up, it shows they are serious to make company great again.

Casino coming to sabah?

Buy Eduspec better la... Super ang pow$$$!!!

Sc watching