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2020-06-26 16:51 | Report Abuse
well done..keep the pace moving
2020-06-24 08:56 | Report Abuse
Asia Pacific stocks mostly higher as Fauci warns of surge of coronavirus cases in U.S.
2020-06-23 17:15 | Report Abuse
had disposed AT shrholding 70 mil, solid profit..nice
2020-06-23 15:58 | Report Abuse
dow futures now bounced back +140 pts, from -ve 398 this morning
2020-06-23 13:50 | Report Abuse
offmrkt done morning session 7mil@0.075
2020-06-23 12:08 | Report Abuse
last fri ,3rd Qtr result out, continued making losses for 6th consecutive qtrs.
2020-06-23 10:38 | Report Abuse
Stock futures recover after Peter Navarro clarifies that U.S.-China trade deal is not over, My comments have been taken wildly out of context,” Navarro said in a statement. “They had nothing at all to do with the Phase I trade deal, which continues in place.”
Earlier in the session, Dow futures had dropped about 400 points. Futures plunged after Navarro’s Monday interview on Fox News’ “The Story.
2020-06-23 10:33 | Report Abuse
djones futures had improved from -400pts to currently -43pts..no worry
2020-06-23 10:31 | Report Abuse
Stock futures recovered earlier losses after White House trade advisor Peter Navarro clarified that the U.S.-China trade deal is not over.
“My comments have been taken wildly out of context,” Navarro said in a statement. “They had nothing at all to do with the Phase I trade deal, which continues in place.”
Earlier in the session, Dow futures had dropped about 400 points. Futures plunged after Navarro’s Monday interview on Fox News’ “The Story.”
2020-06-23 10:30 | Report Abuse
Stock futures recover after Peter Navarro clarifies that U.S.-China trade deal is not over
2020-06-19 15:23 | Report Abuse
currently, most bourses in asia is green, oil is rising +1.66% -+1.88%, djones futures +125pts
2020-06-19 12:30 | Report Abuse
Prospects and future plans of the Group
The Group is primarily involved in technology incubation, portfolio investment and
provision of biotechnology products and services. Through its technology incubation
activities, the Group provides management and strategic advisory services, research
related activities, business networking and funding for its incubatee companies with
the objective of commercialising technologies in the bio-energy and biotechnology
sectors.
Apart from technology incubation, the Group also holds investments in listed
companies for the medium to long term with exposure to various business sectors as
follows:-
Energy Engineering Food and beverage
Financial and
information technology
Vsolar Group
Berhad (“Vsolar”)
AT
Systematization
Berhad
Focus Dynamics
Group Berhad
(“Focus”)
NetX Holdings Berhad
(“Netx”)
MLABS Systems Berhad
DGB Asia Berhad
In addition to the above, Fintec holds several investments in non-listed companies
that are involved in the agricultural technology industry such as Artisan Semesta Sdn
Bhd and Eco-Sponge Sdn Bhd (marketing and production of microbial fertilizer
supplements) as well as Hexa Bonanza Sdn Bhd (a contractor and technology
provider for biomass pelletizing and related equipment). The Group also holds a
property investment holding company (Pinnacle Nexus Sdn Bhd). Fintec also holds
an investment in Fintec Capital Sdn Bhd (formerly known as Asiabio Petroleum Sdn
Bhd), a company which intends to undertake the provision of, amongst others,
general loans, micro and corporate financing services as well as any other credit
services in relation thereto.
The Proposed Private Placement is proposed to be undertaken to raise funds mainly
for investment in the healthcare equipment manufacturing and/or trading business as
well as working capital. The investment in healthcare equipment manufacturing
and/or trading business is aimed at generating an additional stream of income to the
Group while capitalising on the global shortage of PPE resulting from the COVID-19
pandemic. The additional working capital funds will help to facilitate the Group’s
existing day-to-day operations as a whole while the Group focuses on managing its
investments in various companies.
The Group is confident that its current investment strategy of identifying suitable and
viable new businesses for investment as well as preserving value of its existing
medium to long term holdings in quoted strategic investments will mitigate downside
risk for its incubation fund arising from the wide-ranging effects of the COVID-19
pandemic to the local and global economy. Once recovery in the economic
environment gains momentum, the overall portfolio value of the Group will be
enhanced.
Premised on the above, the Board is optimistic of the future prospects of the Group
moving forward.
Stock: [FINTEC]: FINTEC GLOBAL BERHAD
2020-07-01 08:36 | Report Abuse
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