MingGoon

MingGoon | Joined since 2019-06-24

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2020-06-02 16:10 | Report Abuse

Operators had been busy collecting Gpacket ...
Once they have collected a lot of Gpacket, Gpacket will up and up the price...
I am adding Gpacket at 0.775

Gpacket business model is very good, lots of new business ventures..
Next few days, will have more news to be released on Gpacket...

Think about that....

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2020-06-02 15:37 | Report Abuse

i am not selling...
but adding more harta...12.68

Once Topglove result out this month... Harta gonna fly another new new high...
Think about that !!

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2020-06-02 15:34 | Report Abuse

USA riot - protestors take to the street..
Covid might spread more... Another new wave...

K1 - supply ventilators to USA ...
Think about that....

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2020-06-01 16:30 | Report Abuse

Harta is the top dragon for Glove
TopGlove at 15.90

Harta will fly another new high tomorrow.
Cheers, Harta

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2020-06-01 16:30 | Report Abuse

Still got chance for you to collect Harta at this bargain price....

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2020-06-01 16:29 | Report Abuse

See you Harta tomorrow at 14.20

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2020-06-01 16:29 | Report Abuse

I am adding more harta at 13.08

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2020-06-01 11:10 | Report Abuse

Sold K1 0.39
Take profit first..
Later when drop , I will buy back more...

Cheers and thank you K1

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2020-05-27 16:26 | Report Abuse

See supermx today, will close at a new high
Comfort will follow tomorrow
Champion of a new high Comfort tomorrow

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2020-05-27 16:26 | Report Abuse

Comfort : Tomorrow fly a new high 3.5

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2020-05-27 16:25 | Report Abuse

Comfort : buy on weakness...
2.95 add ing more

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2020-05-27 16:14 | Report Abuse

I am adding more K1 0.33

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2020-05-27 16:14 | Report Abuse

K1 : More good news coming up
Tomorrow K1 will fly new high

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2020-05-27 16:02 | Report Abuse

I am also keep adding..

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2020-05-27 16:02 | Report Abuse

Gpacket .... will gonna fly soon...
Lately so much news...
People are collecting...

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2020-05-27 16:01 | Report Abuse

Victor Yong : You still holding fort...

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2020-05-27 16:00 | Report Abuse

1.3 ... I am still adding..

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2020-05-27 16:00 | Report Abuse

1.25 ... i have added..

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2020-05-27 16:00 | Report Abuse

Myeg : Wong Thean Soon ...
Always win and up trend

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2020-05-27 16:00 | Report Abuse

Myeg : collect now, while people panic and throw.

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2020-05-27 15:59 | Report Abuse

June 2020 : Contract will be signed...

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2020-05-27 15:59 | Report Abuse

June 2020 : once announcement out...
Myeg will fly

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2020-05-27 15:59 | Report Abuse

1.3 ... still consider cheap

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2020-05-27 15:58 | Report Abuse

Myeg : Your last chance to buy at 1.29

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2020-05-21 16:15 | Report Abuse

All, I have reposted all the good informative information given by Victor Yong.
Victor, thank so much for your effort in providing us this information.

I have added more Gpacket at 0.975.
Cheers, we gonna see Gpacket at RM2 very soon...

Tencent the big giant from China is Gpacket partner...
Think about that !!

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2020-05-21 16:13 | Report Abuse

Bullacent i agreed to Victor that it could be a investor who accumulated the warrant at a discounted price to acquire the share and become substantial later. This could be subsidiary of tencent. Look at
tencent business in China , it won't promote very hard on a foreign game enter into china, unless it has substantial ownership in that game, in additional to commission it get from that game. In gpacket case, tencent would request a substantial shares in gpacket if it want to use it's e kyc services or his digital bank expertise. I bet puan also agreed to it.
20/05/2020 9:30 PM

@Bullacent : I also the same opinion as you are

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2020-05-21 16:12 | Report Abuse

Victor Yong after lunch, surge bukan tumble macam yesterday, kan? :)


China eyeing Malaysian companies to expand 5G tech
Author: savemalaysia | Publish date: Tue, 19 May 2020, 11:46 AM

KUALA LUMPUR: A giant telecommunications group from China is betting on Malaysia to expand its fifth generation (5G) technology and is eyeing several companies here to help build the network.

Sources said the Chinese group was investing billions of ringgit on 5G technology this year, despite the Covid-19 pandemic.

"They are seeking partners with 5G capabilities and have targeted a few companies here. They hope to start talks post-movement control order," said a source.

It is understood that the group was looking at Green Packet Bhd and XOX Bhd, which are 5G-ready.

Green Packet's shares rose to a new multiple-year high yesterday, gaining as much as 23 sen or 19.01 per cent to RM1.41- a level last seen in 2010.

XOX, which has about RM35 million cash on hand, currently offers the most competitive and innovative 4G data plan, and is focusing to build 5G infrastructure in the region.

The company's shares surged 11.11 per cent amid active trading on Friday to close at five sen, giving it a market capitalisation of RM54.62 million.

The counter increased one sen with 154 million shares traded.

Early this year, XOX partnered with Advance Tech Communication Sdn Bhd (ATC) to launch 4G and 5G smartphones, with additional satellite communication capabilities termed XPLORE.

XOX will be the first telco to market and distribute the products to its users across Southeast Asia.

Its executive director Steve Tan has said that the company aimed to provide a unified network plan by integrating XOX's prepaid plans and messaging platform with ATC's extensive satellite emergency services.

"XOX is a good target for investors. XOX is ranked fifth in the telecom sector and is the number one MVNO company in Malaysia with current customer base reaching almost three million, including prepaid and post paid mobile phone users.

"The stock is relatively very cheap. It is currently the cheapest telecom stock on the local bourse and has potential upside," the source said.

Last month, XOX inked an agreement with DGB Asia Bhd to collaborate in the deployment of up to 1,000 next generation AI vending machines.

This move is in line with XOX's strategy to focus on different silos of its business to build up its revenue streams.

An analyst who spoke on condition of anonymity said telecom stocks were expected to rally as the sector was making handsome profits amid the Covid-19 pandemic.

"Valuations of telecom stocks are becoming attractive again and the sector is expected to grow at an accelerated rate with the current shifts happening in digital landscapes such as 5G, the Internet of Things and artificial intelligence.

"If you look at Maxis, Celcom and DiGi, the stocks are all up. We can expect a new high in telecom stocks this year," he said.



https://www.nst.com.my/business/2020/05/593721/china-eyeing-malaysian-...
20/05/2020 12:30 PM

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2020-05-21 16:11 | Report Abuse

Victor Yong ada kendall court punya orang sebagai penasihat, dll. :)


Kendall Court works to assess, monitor and execute improvements to our own ESG footprint, as well as our investees’. A willingness to strive towards ESG improvements is a prerequisite for investees to receive our capital, and Kendall Court will come in as a value added partner to enhance this core aspect.
20/05/2020 12:08 PM

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2020-05-21 16:10 | Report Abuse

tor Yong KENDALL COURT :p

First and foremost, we are a provider of growth capital. Through growth, we intend our capital to achieve some measure of development and betterment of society in our target markets.

We invest using hybrid private instruments to invest directly into public or private companies. Our capital either (i) ranks junior to senior debt and ranks senior to common equity, or (ii) takes elements of debt (can be senior) and equity components in its issuance. We remain active in the businesses we invest into and ensure that our structuring takes into account the interests of both investors and investees - offering the most optimal risk-reward structure in what we invest into.

Our investment parameters are listed below. We invest in the middle market in Southeast Asia. We generally tend to stay away from auctioned deals where we have little pricing leverage. We employ a partnership based approach, so we will never do hostile deals. Our most important qualitative parameter is the creditworthiness and integrity of the management and controlling shareholders – we have a very low threshold and tolerance level for this principle.

We will be doubly enthusiastic with companies placing a premium on human capital development and quadruply repelled vice versa.

We look to assist our companies in raising their awareness on environment, social and governance matters, thereby increasing the valuation of our investments and mitigating our risks at the same time.

tools
INVESTMENT PARAMETERS
Minimum investment size: US$7.5 mm
Investee Size < US$15 mm
Currency: US$
Stage preference: Growth
Preferred duration: 3 – 5 years
Typical instruments: Convertible debt, preferred equity
Governance requirement: CDC Investment Code or similar
20/05/2020 12:06 PM

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2020-05-21 16:10 | Report Abuse

/05/2020 12:03 PM

Victor Yong KENDALL COURT :)

To us, sustainable investing is achieved when we constantly strive to elevate the quality of the 3 primary pillars of our operations.

The first pillar is our human capital. Gary Becker, who won the 1992 Nobel prize in Economics and who is one of the world’s foremost experts on human capital, states that 75% of the value of a modern economy lies in its human capital. In our day to day activities, we cannot help but realize how true this precept is. Especially for an asset light and knowledge-based services company like Kendall Court, human capital is the most fundamental aspect of our platform.

The second pillar is our disciplined focus on bottoms-up fundamental analysis. We are not short term traders. As a long-term investor and a micro investor, our primary task is to understand our investees and their sector dynamics from the ground up. This is the only way for us to gain sufficient insight into the risks and opportunities offered by our long-term investments. Our success is directly proportional to the amount of effort we spent building on our knowledge and intuition. There are no shortcuts.

The third pillar is our holistic achievement of all our stakeholders’ needs. Our business cannot truly be called sustainable until we truly understand what each of our stakeholder needs. Our stakeholders start internally with ourselves (yes, our own individual needs), our investors and our employees, and subsequently radiate outwards touching on everyone our business comes into contact with. This obviously includes our investees, service providers, intermediaries and indirectly the stakeholders of our stakeholders.

When we begin to map our stakeholders’ needs, it becomes virtually impossible to ignore the environmental, social and governance (ESG) aspect of investing. For the reality of living in the 21st century, with its myriad of environmental, social and governance problems, requires that business be conducted in a way that stops the propagation of those problems. Our society demands it. Our stakeholders demand it. But most importantly, our personal ethics demand it.

We have witnessed first-hand the effectiveness of adopting a strong ESG mindset in business. Adopting the mindset is like switching on a light bulb. Once switched on, it immediately illuminates all the problem areas in a company’s operation. All companies have problems, big or small. Their causes vary. Having an ESG mindset is very effective in identifying problems which are created either out of lack of long-term care, convenience or a wasteful mentality due to false assumptions of abundance. When implemented genuinely, an ESG mindset is a very effective tool for:

• reducing waste and hence costs;
• spurring creativity, thinking in-the-round and out of the box, leading to potential new revenue sources;
• creating a more meaningful re-engagement with suppliers and customers based on their needs, thereby materializing potential P&L benefits;
• creating a more inspired workforce and a stronger human capital;
• recalibrating risk based on a proper and honest assessment of business risk mitigation; and
• increasing the value of the overall business from the implementation of all of the above.

Kendall Court has taken active steps to promote sustainable investing through active ESG promotion. We have streamlined all our operating protocols to include an ESG awareness; developed ESG toolkits to be used for screening and monitoring investments; trained the people in our organization, as well as our investees and service providers on acquiring an ESG mindset through workshops conducted by recognized regional ESG experts; trained our investment team in ESG risks and opportunities specific to the coal and gold mining, palm plantations and oil and gas sectors; trained our human capital in conscious business, that is conducting business by promoting the intelligent pursuit of happiness in all its stakeholders and expressing our essential values through our work – all in our efforts to reap the full benefits of sustainable investing.

In conclusion, we are firm believers that incorporating sound ESG principles across our investment platform is the only way to go. In more ways than one, we are a genuine capital partner to businesses who are willing to better its ESG framework. With just a little extra effort, it is in plain sight for all to see that ignoring ESG principles can be very detrimental to a business. Managers can be blindsided by unexpected business and brand failures such as tainted products, worker suicides or severe regulatory fines for environmentally damaging business practices. On the other hand, managers who have made genuine efforts to care and raise their ESG-conscious practices are much more equipped to mitigate risks and seize on new opportunities. Kendall Court works to assess, monitor and execute improvements to our own ESG footprint, as well as our investees’.
20/05/2020 12:04 PM

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2020-05-21 16:10 | Report Abuse

Victor Yong Kendall Court started in 2004. The 3 founding partners were the only employees of the firm. At the end of 2017, we have deployed, invested and managed over US$500 million across Southeast Asia. We started with assets under management of US$35 million. We have a presence in Indonesia, Singapore, Philippines and Malaysia. We have won several key industry and regional awards for our investments, operations and performance.

Kendall Court focuses its activities in the private equity space. We are a long-term investor and our capital is privately sourced. Our existing funds and managed accounts focus on investing in hybrid securities ranging from straight debt, convertible bonds, preference shares and straight equity. We are a growth capital provider, first and foremost. In line with our drive, our ultimate and primary purpose in investing is to contribute to the development and betterment of society, within our circle of influence. We care a lot about risk adjusted returns and recognize that the best investing structure is to attain equity returns with debt like risk. We will actively assist our investees but the fundamental premise is work alongside good solid management be it sponsors or employees and grow together.

We believe that capital, when employed wisely through business, plays an instrumental role (if not the most instrumental in certain cases) in developing people, markets and economies. A rising tide lifts all boats, and the tide is raised by capital. Our capital has to be sustainable, however. And that means that we will always still be engaged in the profit motive because Kendall Court and our investors need to be sustained through our profits. To sum up, we borrow a line from Paul Krugman, the 2008 Nobel laureate in Economics, who states, "You could say – and I would – that globalization, driven not by human goodness but by the profit motive, has done far more good for far more people than all the foreign aid and soft loans ever provided by well-intentioned governments and international agencies.”

Our goal is to become a premier investment partnership. To achieve that goal, we need to consistently deliver superior risk adjusted returns to our investors in a sustainable way. We seek to make money responsibly. How do we achieve our goal?

We achieve our goal through sustainable investing. We create sustainability through focusing on 3 pillars. The first is human capital. The second is our disciplined focus on bottoms-up fundamental analysis. The third is our holistic achievement of all our stakeholders’ needs. By constantly striving to elevate the quality of our pillars, sustainability is created.

Why do we do what we do?

We started with a basic purpose of maximizing wealth, both for our investors and ourselves. However, as the journey continues, we find ourselves also connecting to a higher purpose – a higher purpose that resonates with our own personal values.

This higher purpose has to do with service. It is the realization that even in business, we need service to be the primary driver of our actions. Our higher purpose, therefore, is about using our significant investment platform to service the people, markets and economies in our targeted geographies. Our higher purpose, which becomes the ultimate purpose of Kendall Court, is to provide some element of development and betterment in the lives of the people whom our capital would have touched.

Our drive is best summarized in the vision statement of Kendall Court, as follows:

“To uplift the human conscience through business by becoming the premier investment partnership focused on achieving superior risk adjusted returns and investing its capital to develop people, markets and economies in accordance with the highest standards of ethical accountability.”
20/05/2020 12:03 PM

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2020-05-21 16:09 | Report Abuse

Victor Yong TRUST KENDALL OK :)

Kendall - OUR TEAM
director
YEO KAR PENG

CHAIRMAN & MANAGING PARTNER
Prior to establishing Kendall Court in 2004, Kar Peng was a Managing Director at Citigroup Global Markets. She was responsible in the setting up and building of Citigroup's franchise in Malaysia. She was the key coverage banker in charge of Citigroup’s deal origination and execution with special focus in cross-border mergers and acquisitions and debt capital market transactions. Prior to Citigroup, Kar Peng was with UBS and led a team of 8 analysts in charge of Malaysian equity research. She was a #1-ranked analyst in 1997 by an Asia Money Poll with the UBS Malaysia team ranking third. Prior to UBS, she was Head of Research at WI CARR and was ranked as one of the top three analysts in Malaysia for several years by Asia Money and Euro Money polls. Early in her career, Kar Peng also spent time as an auditor at the precursor of Ernst & Young in Malaysia. Kar Peng holds a Bachelor of Economics from Monash University, majoring in Accounting and Finance and is also an associate member of the Australian Society of Accountants.

director
CHRIS CHIA

MANAGING PARTNER
Prior to establishing Kendall Court in 2004, Chris was a Vice President at Citigroup Global Markets based in Singapore. At Citigroup, Chris had coverage responsibility for Southeast Asia, with a focus on Singapore, Malaysia and Financial Sponsors/Private Equity Funds. Prior to Citigroup, Chris was a member of the investment banking department at Goldman Sachs based in Singapore and participated extensively in all phases of the origination, management and execution of M&A transactions. Chris started his professional career working for Arthur Andersen in Malaysia in 1994 and was a Business Consultant. Chris holds a Bachelor of Commerce (Hons) and a Master of Accounting from the University of Western Australia. He also holds a Master of Business Administration from the MIT Sloan School of Management and a Master of Liberal Arts from Harvard University.

director
DENNIS WUISAN

PARTNER
Prior to establishing Kendall Court in 2004, Dennis was a Principal and Founder of Synergy Capital Partners, an Indonesia based financial advisory firm. Prior to Synergy, Dennis was a member of the investment banking department at Goldman Sachs based in Singapore and worked on buy/sell-side assignments, as well as public market offerings in Southeast Asia and Greater China. Starting in 1996, Dennis worked at Bahana Securities in Indonesia and participated extensively in handling domestic private and public sector issuance of equity and debt securities. Dennis holds a Bachelor of Arts from the University of California at Berkeley, majoring in Physics.

director
ANDI GUNAWAN

PARTNER
Andi started his finance career in 1995 at the investment banking division of Bank Internasional Indonesia, a local private bank. Subsequently he became a Vice President at Holdiko Perkasa, a holding company set up by the Indonesian Bank Restructuring Agency to divest assets surrendered by the Salim Group due to obligations stemming from the 1998 Indonesian financial crisis. Post Holdiko, Andi co-set up Penta Capital Partners to provide financial advisory work for Indonesian corporates. Andi graduated from Diponegoro University in Indonesia with a Bachelor in Management and has an MBA from the University of Illinois at Urbana-Champaign.

GPACKET] Change In Substantial Shareholder's Shareholding - KENDALL COURT MADAM LIMITED on 21-Feb-2020
Stock [GPACKET]: GREEN PACKET BHD
Announcement Date 21-Feb-2020
Substantial Shareholder's Particular:
Name KENDALL COURT MADAM LIMITED
Details of Changes:
Currency -
Date of Change Type Number of Shares
19-Feb-2020 Acquired 35,000,000
Registered Name GRANDSTEAD SDN BHD PLEDGED SECURITIES ACCOUNT FOR SUMMIT SYNERGY LIMITED
Nature of Interest Indirect Interest
Nature of Interest Indirect Interest
Shares ORDINARY SHARES
Reason ACQUISITION OF SHARES VIA DIRECT BUSINESS TRANSACTION
Total no of securities after change
Direct (units) 0
Direct (%) 0.00
Indirect (units) 100,000,000
Indirect (%) 10.80
Total (units) 100,000,000
Total (%) 10.80
Date of Notice 21-Feb-2020
20/05/2020 11:52 AM

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2020-05-21 16:08 | Report Abuse

Victor Yong MCO will end, i think product will sell well :)


the firm said KipleLive integrates AI facial recognition, cloud hosted services, FR thermal scanner, visitor management system, and cashless smart parking solutions.

"Leveraging on cutting-edge surveillance systems, the KipleLive FR thermal makes temperature monitoring and identification of people more efficient, even with the face masks on," said its group managing director and chief executive officer CC Puan.

The facial recognition feature also enables employee attendance to be recorded instantly and manages the visitors’ entry-and-exit procedures by eliminating the need to fill paper forms.
20/05/2020 11:03 AM

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2020-05-21 16:08 | Report Abuse

Victor Yong this one also can make money for gpacket, bukan? :)

KUALA LUMPUR (May 8): Shares in Green Packet Bhd spiked 8% to 81 sen in early trade today following the launch of its KipleLive proptech application yesterday.

At 10.18am, the telco stock was also the fifth most active counter on Bursa Malaysia, with 31.93 million shares traded. This valued the company at RM758.13 million.

Green Packet's warrants also rose four sen or 10.96% to 40.5 sen with 50.1 million units exchanging hands. This placed the securities among Bursa's top three most actives.

Like some tech firms, the telecommunications, media and technology company has gained 17.39% in value year to date despite the unfavourable market environment mainly due to the Covid-19 pandemic.

The stock peaked to 92 sen on Feb 21, before gradually declining to a low of 42 sen on March 23, five days after the movement control order was enforced. This means Green Packet has pared most of its losses since then, having nearly doubled its share price in less than two months.

In a statement yesterday, the firm said KipleLive integrates AI facial recognition, cloud hosted services, FR thermal scanner, visitor management system, and cashless smart parking solutions.

"Leveraging on cutting-edge surveillance systems, the KipleLive FR thermal makes temperature monitoring and identification of people more efficient, even with the face masks on," said its group managing director and chief executive officer CC Puan.

The facial recognition feature also enables employee attendance to be recorded instantly and manages the visitors’ entry-and-exit procedures by eliminating the need to fill paper forms.

Green Packet has also recently undertaken the “Warong Digital e-Baazar Ramadan” programme in collaboration with the Coalition of Malay Small Traders Association, which leverages the KiplePay e-wallet that allows cashless transactions.

"With the expected shifts in consumer behaviours, this will speed up the adoption of cashless payment. For instance, diners will opt to reduce any form of physical interaction and engage using e-wallet for self-collection, take away or delivery. This eventually eliminates the cash transactions and on-premises waiting time," said Puan.

Also read: Green Packet launches KipleLive proptech product to help offices address Covid-19 challenges
20/05/2020 11:01 AM

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2020-05-21 16:08 | Report Abuse

Victor Yong tencent is famous for wechat too... potential too for gpacket

Green Packet in tie-up with Tencent to provide e-KYC
TECHNOLOGY
Thursday, 14 May 2020


Green Packet's unit KiplePay Sdn Bhd will leverage on Tencent Cloud’s facial recognition and machine learning capabilities to build a localised e-KYC solution through KipleID e-KYC.

PETALING JAYA: GREEN PACKET BHD and China’s Tencent Holdings Ltd have inked an agreement to leverage on Tencent Cloud to provide KipleID e-KYC (electronic know your customer) as a service to businesses in Malaysia, particularly banking and financial institutions.

KiplePay Sdn Bhd, a wholly-owned subsidiary of Green Packet will leverage on Tencent Cloud’s facial recognition and machine learning capabilities to build a localised e-KYC solution through KipleID e-KYC

Tencent Cloud is the cloud computing arm of Tencent Holdings Ltd, which is a leading provider of Internet value-added services in China. It is listed on the main board of the Hong Kong Stock Exchange and commands a massive market capitalisation of more than HK$4.1 trillion or US$530bil, not far below from that of Facebook (US$598bil).

Tencent Holdings owns communication and social platforms QQ, Mobile QQ, Weixin and WeChat, among other smart industry solutions, technologies and fintech services.

For the financial year ended Dec 31,2019, Tencent registered a revenue of US$54bil and a net profit of US$13bil. By using e-KYC in financial institutions, consumers will no longer need to walk into a bank branch to set up a savings or current account.

Apart from that, leading research has shown that adopting e-KYC can improve business operation efficiency by 30% to 65%.

This includes protecting businesses from identity fraud, which remains a growing concern among the business community.

Another highlight of KipleID e-KYC is the Tencent-patented “single-flash” liveness detection solution, which integrates reflection-based and motion-based detection technologies. Compared with traditional motion-based and digital-voice-based liveness detections, the “single-flash” detection ensures a better user experience and a more outstanding security performance with its motion interaction feature, increased randomness of the algorithm, and upgraded backend.

According to Green Packet group managing director and CEO CC Puan, the introduction of the KipleID e-KYC solution comes at a timely manner, given the Covid-19 pandemic.

“The pandemic has showcased the value of digital transformation.

“This has become a wake-up call for organisations and industries that are overly reliant on traditional operations to quickly embrace digital transformation as we foresee that there will be a definite shift in consumers’ behaviours once the movement control order is lifted, ” he said in a press release yesterday.

Besides the banking and financial ecosystem, KipleID e-KYC will also add great value to the business community in sectors like education, insurance, retail, and telecommunications. As fintech innovation continues to gain global traction, Malaysians are getting more digital savvy and have higher expectations on every touchpoint of a business.

Green Packet is in talks with several leading companies who will pilot KipleID e-KYC.

Tencent’s International Business Group vice-president Poshu Yeung said: “We are committed to exploring and opening up new ways for people and businesses to operate more efficiently and effectively in the growing digital economy.

“Today, Green Packet is taking its digital innovation further, leveraging on Tencent Cloud’s technology to better connect people and ensure continued business success.

“We look forward to deepening our collaboration with Green Packet to further help local businesses on their digital transformation journey.”
20/05/2020 10:58 AM

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2020-05-21 16:07 | Report Abuse

Victor Yong PETALING JAYA: Singapore-based private equity firm Kendall Court has bought another 35 million shares in the international telecommunications and technology firm, GREEN PACKET BHD, raising its stake to over 10%. On Friday, stock filings showed that Kendall Court paid around 85 cents apiece of Green Packet stock in an off-market transaction.
This came after Kendall Court had acquired 65 million shares or 7.19% in Green Packet in September last year. Following the latest purchase, this would bump up Kendall Court’s stake to 10.8%, making it the second largest shareholder after founder and group managing director, Puan Chan Cheong (29%).

In September, following its 7.19% equity purchase of Green Packet, Kendall Court had then said it was impressed by Green Packet’s progress particularly in its fintech business with the ability to leverage on its e-wallet, payment gateway and wallet-as-a-service capabilities.

The PE firm also noted that Green Packet was on the right trajectory to ready itself for digital bank opportunities, for which Malaysia has plans to soon issue five licenses for

Since then, it has emerged that Green Packet’s wholly owned unit Kiplepay Sdn Bhd has emerged as the first fintech player in Malaysia to provide a white-labelled e-wallet solution with Bank Negara’s approval.

This business segment is growing fast and is likely to be a source of significant recurrent revenue for the group.Kiplepay now powers one of the largest e-wallet efforts in the country called Setel, which is introduced by Petronas Dagangan Bhd as the first petrol e-payment solution in Malaysia, available in more than 700 Petronas stations.

It has been reported that more organizations with large user bases are anticipated to want to have their own personalized e-wallet, integrated with a spectrum of functionalities like loyalty programmes, mobile payments and discounts.

Green Packet has also hinted that they will be enabling more white labelled services soon, including one that incorporates artificial intelligence, and facial recognition, in a collaboration with another oil and gas company that operates more than 100 petrol stations in Malaysia.

Just last Monday, Kiplepay and Bank Islam Malaysia Bhd launched the KipleUNl programme, providing electronic wallet services to the needs of students, universities and merchants at education hubs, campuses and university towns.
20/05/2020 10:48 AM

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2020-05-21 16:06 | Report Abuse

Victor Yong could be something exciting out this matter soon :)
Green Packet: Gets RM24m settlement deal in dispute with MYTV over RM272m decoder box contract. Green Packet has inked a settlement agreement with MYTV in relation to a contract to supply up to 3.6m set-top boxes (STB) to MYTV for RM272m. Under the agreement, Green Packet said it will supply STBs to MYTV for RM24.39m. It is unclear whether the settlement deal is for the 200,000 STB units that have been delivered to MYTV or for new ones, as the announcement today did not specify the number of STBs to be delivered under the deal. (The Edge)
20/05/2020 10:40 AM

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2020-05-21 16:06 | Report Abuse

Victor Yong substantial shareholder, not selling :)
KENDALL COURT MADAM LIMITED 19-Feb-2020 Acquired 35,000,000 0.000 View Detail
SUMMIT SYNERGY LIMITED 19-Feb-2020 Acquired 35,000,000 0.000 View Detail
KENDALL COURT MADAM LIMITED 27-Sep-2019 Notice of Interest 65,000,000 0.000 View Detail
SUMMIT SYNERGY LIMITED 27-Sep-2019 Notice of Interest 65,000,000 0.000 View Detail
20/05/2020 9:51 AM


Victor Yong still holding it :)
[GPACKET] Change In Substantial Shareholder's Shareholding - KENDALL COURT MADAM LIMITED on 21-Feb-2020
Stock [GPACKET]: GREEN PACKET BHD
Announcement Date 21-Feb-2020
Substantial Shareholder's Particular:
Name KENDALL COURT MADAM LIMITED
Details of Changes:
Currency -
Date of Change Type Number of Shares
19-Feb-2020 Acquired 35,000,000
Registered Name GRANDSTEAD SDN BHD PLEDGED SECURITIES ACCOUNT FOR SUMMIT SYNERGY LIMITED
Nature of Interest Indirect Interest
Nature of Interest Indirect Interest
Shares ORDINARY SHARES
Reason ACQUISITION OF SHARES VIA DIRECT BUSINESS TRANSACTION
Total no of securities after change
Direct (units) 0
Direct (%) 0.00
Indirect (units) 100,000,000
Indirect (%) 10.80
Total (units) 100,000,000
Total (%) 10.80
Date of Notice 21-Feb-2020
20/05/2020 10:38 AM

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2020-05-21 16:00 | Report Abuse

@@Victor Yong :online bank is real for gpacket
Green Packet gets ready for digital bank | The Starwww.thestar.com.my › business-news › 2020/05/18 › g...
2 days ago - TWO months after returning to the helm of Green Packet Bhd, technology whiz C.C. Puan laid out his vision for the group – to become a digital ...

Digital banking licence scene heating up | The Starwww.thestar.com.my › business-news › 2020/03/07 › d...
Mar 7, 2020 - Grab, Razer, Axiata, Green Packet and US-based MoneyLion crop up as interested parties.
20/05/2020 9:36 AM

Victor Yong KiplePay to turn Green Packet Profitable by 2021 | Green Packetwww.greenpacket.com › news › sep3019
Sep 30, 2019 - Elsewhere, with the growing interest in virtual banking, coupled with the digital bank licensing framework that is expected to be issued by the ...
20/05/2020 9:37 AM

Victor Yong Malaysia's Telecommunications Firm Packet One Networks to ...www.crowdfundinsider.com › 2020/05 › 161619-mala...
2 days ago - Green Packet has been licensed by the nation's reserve bank, the Bank ... Digital IDs: Tokyo-based Mizuho Bank to Test Online Customer ...
20/05/2020 9:37 AM

Victor Yong The Latest News for E-Wallets in Malaysia - Fintech News ...fintechnews.my › e-wallets-malaysia
Bank Islam and KiplePay, a wholly-owned subsidiary of Green Packet announced this week that they have teamed up to launch KipleUNI, a programme to drive ...
20/05/2020 9:40 AM

Victor Yong Johor State Government May Soon Establish Its Own Digital ...ringgitplus.com › blog › bank-news › johor-state-gover...
Apr 17, 2020 - In 2014, 52% of the Southeast Asian population used online banking ... to five digital banking licences to qualified applicants to establish digital banks. ... Green Packet Bhd subsidiary, KiplePay Sdn Bhd, and Bank Islam have ...
20/05/2020 9:40 AM

Victor Yong last time, poon made a disposal to TM, made a lot for GP, probably another disposal to conventional bank e.g bank islam soon :)
20/05/2020 9:42 AM

Hello Victor Yong : I am the same opinion as you are.

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2020-05-21 15:54 | Report Abuse

Technology firm Grab, telco Axiata Group Bhd and at least five banks — CIMB Group, Affin Bank Bhd, Hong Leong Bank Bhd, AMMB Holdings Bhd and Standard Chartered Bank Malaysia Bhd — are among those who have signalled interest in a digital banking licence, going by reports by The Edge last year.

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2020-05-21 15:45 | Report Abuse

After Raya holidays, Axiata will fly to the next level..
5G everyone !

Think about that !!

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2020-05-21 15:45 | Report Abuse

Axiata today see some price weakness

I am adding more at 3.79

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2020-05-21 15:43 | Report Abuse

Axiata, Jamaludin said opportunities lie in selling fixed wireless access and broadband to the enterprise segment. Axiata’s enterprise business will be well placed to equip SMEs with the digital tools and platforms they need in the new normal, such as software to conduct online meetings and Cloud applications to access files online, as well as the knowledge and skills to adapt to working and conducting businesses digitally.

"The possibility for innovations in industry solutions such as logistics, healthcare, agriculture and tourism are immense and exceedingly exciting! We will be looking at different ways of selling our products and services, leveraging on IR 4.0 technologies such as virtualisation to meet new demands in retail, healthcare and education,”

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2020-05-20 12:26 | Report Abuse

With The recent up trend in Takaful....
In view of the Hari Raya....
Investors will take Hari Raya profit in Takaful...

That's why you are seeing Takaful dropping...

The Qtr End result just release in May 18, and the result is just up a bit and not looking promising..
Although a lot of people have the opinion Takaful is good... ( that is in the long term 2- 5 years time).

But Takaful in the next Qtr Result... the result might not be too good, due to Covid 19..

Take profit if you have profit...
Takaful... buy back when the price is cheaper...

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2020-05-20 12:24 | Report Abuse

Takaful :
Moving forward, Covid-19 outbreak to cause a decline in premium income. In view of the extended MCO and anticipated weakening business sentiments in 2QCY20, we are expecting the group’s NEC to be negatively impacted. This was predominantly due to the social distancing guidelines and travel restriction which might lead to lower sales from its Family Takaful segment. We are also foreseeing a decline in premium income from the motor and fire insurance as a result of possible weaker consumer spending. Moving forward, we are also of the view that affected policyholders might be letting their insurance policies to lapse as they might treat insurance purchases as less of a priority.

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2020-05-20 12:14 | Report Abuse

Hari Raya holiday coming too...
You think Mahsing will keep on up or go down...

Mahsing is good to accumulate for 2-5 years, but then, why buy when Mahsing is expensive...
Buy Mahsing when the price is cheaper..
Profit then, will be higher...

Selamat Hari Raya...

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2020-05-20 12:12 | Report Abuse

Mahsing : EPF has been selling almost daily from Apr up to May 2020

In the long term ( 2-5 years time), Mahsing is a good stock.
But in the near term, Mahsing price will drop.

Property Theme, no more trend... It's life has been short live...

Mahsing - Qtr End result expected to be released in May 30.
This Qtr Result expected result not good, MCO , hard to sell property.

Furthermore, with no theme, with Qtr End result going to be released soon, Mahsing have no reason for its stock to go up...

That's why EPF to safe Guard our money, EPF has been selling..
A good choice by EPF

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2020-05-20 11:18 | Report Abuse

Penta : If you are short term investors or traders
Penta : Might drop, as the latest Qtr result out, profit has drop....

Next Qtr foresee Penta might drop more...
If you are day trader ... faster cabut....

If you are not worry, then hold on Penta for long term..
Long term could be anything from 2 years to 5 years...
Depending how long your long term could be...

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2020-05-20 11:16 | Report Abuse

Penta ... EPF has been selling too lately...
EPF take profit....

Hari Raya coming...
Two more days, long holidays again....

Take profit if you have profit..
If you are long term investors, then add more, when the price drop.
If you are long term investors, do not sell...

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2020-05-20 11:15 | Report Abuse

Penta : take care..
Penta ... Hari Raya & long holiday coming...
Penta : Retailers and aunty aunty might sell before the Hari Raya...

Duit Raya ....