Anyone has the latest scicom report from Affin Hwang?

there is 1 highlight in the latest QR, the cash outflow for PPE is at record high of 12m (FY20 - 5m, FY19 - 2.4m, FY18 - 2.9m). Anyone could share us, why such asset light business spent so much on PPE? Is this a potential indicator for massive staff hiring, due to new office building, laptop or other related expenses?

i'm a shareholder too, but let's be realistic. If without the impairment of 2mil+, the PBT will be 8m but not the PAT. I just hope the new client contribution is not fully reflected in the latest Q4, then we have hope to see PAT of 8m or more in the next quarter (hopefully to write back the 2m impairment too).

today is 18th Aug, no new announcement until today, anyone knows what happened to the case?

This is retrieved from the latest QR

On the 12 January 2021 EMGS filed Notice of Appeal against the Striking Out
Decision. Scicom has, with the leave of the Court of Appeal applied to stay the
Arbitration Decision Appeal pending the outcome of the Striking Out Decision
appeal in the High Court.

The hearing date for the Striking Out Decision appeal in the High Court is 9th
August 2021. The case management of the Arbitration Decision Appeal at the
Court of Appeal is 11th August 2021.

wow, any detail you could share with us, vivientac?
Is that project for Malaysia, estimated headcount? thanks for sharing us good news again :)

thanks vivientac for sharing this good news!

hi vivientac, is there any new project secured?