Privatise is the best solution

Since the 2 directors and EPF + KWAP + Financial secretary of sarawak aldy held more than 60% of the company's share, why not they combine and privatise the company with current market price?

1. No one will incurred paper loss, good for major and minority shareholders.
2. Proof that the 5 major shareholders are confident with the company integrity since the company aldy informed this to EPF and KWAP prior announcement.
3. No need to reply to external auditor anymore since the company no longer listing

This will be the best solution for all.

Fintec keep buying Netx because they are focusing in F&B sectors now. Fintec holding substantial share in FOCUS where the group has few restaurants like Chaze, Lavo, Maze... and recently they have added Zouk into their portfolio.

Netx has developed an apps called GEM where the apps is served as promoting and booking of seats and food in restaurant, cafe and bar. Fintec has placed all the restaurants under the group in GEM.

The company want to hold more shares in Netx and later GEM may have further development which include payment system where actually they are doing now.

Possible Fintec want to create an ecosystem of F&B from marketing, ordering until serving and payment.

Bull13, aldy came out in news?