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2017-05-14 03:44 | Report Abuse
Announcement
Subject OTHERS
Description MTOUCHE TECHNOLOGY BERHAD ("MTOUCHE" OR "THE COMPANY")
- PROPOSED ACQUISITION OF SUBSIDIARY
The Board of Directors of mTouche wishes to announce that the Company’s wholly-owned subsidiary, mTouche (Vietnam) Co., Ltd (“MVCL”) had on 10 May 2017 acquired the entire shares of Mobile Asia Vietnam Co., Ltd (“MAVC”) for a total cash consideration of VND500,000,000 (Vietnam Dong Five hundred million) or equivalent to approximately RM95,577 (Ringgit Malaysia Ninety Five Thousand Five Hundred Seventy Seven) only (“Acquisition”).
MAVC was incorporated under Enterprise Registration Certificate No. 0106123756 issued by Hanoi’s Planning and Investment Department on 14 March 2013 and the third amendment dated May 10, 2017 as a private limited company.
The Charter Capital of MAVC is VND1,500,000,000 and as MAVC is a One Member Limited Company, therefore no share capital was issued.
The Acquisition would not have material effect on mTouche Group’s earnings per share, net assets per share, gearing, share capital and substantial shareholders’ shareholding for the financial period ending 30 June 2017.
Subsequent to the Acquisition, MAVC shall become a wholly-owned subsidiary of MVCL, which in turn is a wholly-owned subsidiary of the Company.
None of the Directors and/or major shareholders of the Company or persons connected with them have any interest, direct or indirect, in the Acquisition.
Having considered all aspects of the Acquisition, the Board of Directors of mTouche is of the opinion that the Acquisition is in the best interest of mTouche.
This announcement is dated 12 May 2017.
2017-05-12 19:35 | Report Abuse
unsuccessful surely....otherwise any other form of transactions/acceptance must appear on their announcement list.
2017-05-12 18:51 | Report Abuse
http://www.malaysiastock.biz/Company-Announcement.aspx?id=972383
They just released a press statement that the offer is closed.
2017-05-11 15:21 | Report Abuse
I think it's stated in the offer contract that in case there is a new due date, it must be announced at least 2 days from current due date, and that would mean... GOOD NEWS!!!!
2017-05-11 12:49 | Report Abuse
What if they counter offer new price with a new due date?
2017-05-09 10:17 | Report Abuse
Prime Minister Najib Abdul Razak's trip to China this week could see him bringing back a new developer for Bandar Malaysia - one that is owned by China's richest man, billionaire Wang Jianlin.
The Straits Times cited government officials and financial executives as saying Dalian Wanda Group - China's largest real estate developer - is poised to become the master developer of Bandar Malaysia.
News of the deal - speculated to be "substantially higher" than the RM12.3 billion valuation for Bandar Malaysia - comes a week after the Iskandar Waterfront Holdings (IWH) and China Railway Engineering Corp (CREC) consortium's RM7.4 billion 60 percent stake in the project was terminated...
2017-05-09 10:16 | Report Abuse
Prime Minister Najib Abdul Razak's trip to China this week could see him bringing back a new developer for Bandar Malaysia - one that is owned by China's richest man, billionaire Wang Jianlin.
The Straits Times cited government officials and financial executives as saying Dalian Wanda Group - China's largest real estate developer - is poised to become the master developer of Bandar Malaysia.
News of the deal - speculated to be "substantially higher" than the RM12.3 billion valuation for Bandar Malaysia - comes a week after the Iskandar Waterfront Holdings (IWH) and China Railway Engineering Corp (CREC) consortium's RM7.4 billion 60 percent stake in the project was terminated...
2017-05-09 09:44 | Report Abuse
RHB just released latest research on ghl... New TP 1.15 and recommendations of SELL
2017-05-08 15:58 | Report Abuse
all concentrate bandar malaysia related counters...here relax dulu
2017-05-08 12:46 | Report Abuse
Good sign I hope...low volume = low selling = low buying
2017-05-06 00:09 | Report Abuse
I happen to speak to a staff frm GHL...and the person told me he has no idea about what the top management deciding regarding the takeover but most likely the rm1 offer will fail and Actis might counter offer higher.
So in case that happens, what should we retail investors do?
2017-05-06 00:04 | Report Abuse
Someone just left to London... Shopping spree perhaps?
2017-05-05 19:03 | Report Abuse
Some kindergarten play school game going on perhaps between all these people?
2017-05-05 19:00 | Report Abuse
The consortium comprising Iskandar Waterfront Holdings and China Railway Engineering Corporation rebutted claims that it had failed to make the necessary payments to acquire a 60 percent stake in Bandar Malaysia.
The consortium's vehicle, IWH CREC Sdn Bhd (ICSB), said it has made all necessary payments thus far, as outlined in the share sale agreement (SSA), and is also capable of meeting future payments.
"To date, ICSB has fulfilled all the required payment obligations under the SSA on its part towards TRX.
2017-05-04 10:04 | Report Abuse
Buy at your own risk... Sure has something to do with the cancellation, otherwise why got discount here?
2017-05-03 17:40 | Report Abuse
Announcement
Subject OTHERS
Description GHL SYSTEMS BERHAD ("GHL") PRESS RELEASE ON GHL PARTNERS WITH AF PAYMENTS INC. IN PHILIPPINES DATED 2 MAY 2017
Further to our announcement dated 2 May 2017, GHL wishes to inform the following additional information pertaining to GHL Partners with AF Payments Inc. in Philippines as follows (“Partnership with AF Payments Inc.):-
The initial contract term of the Partnership with AF Payments Inc. is for five years and is renewable.
The Partnership with AF Payments Inc. will not have any material effect on the share capital, shareholding structure, gearing, net assets per share and earnings per share of GHL Group for the financial year ending 31 December 2017.
None of the directors or major shareholders of GHL or persons connected to the directors and/or major shareholders of GHL have any interest, direct or indirect in Partnership with AF Payments Inc.
This announcement is dated 3 May 2017.
2017-05-02 19:58 | Report Abuse
They already own almost 75%???
The offer, which is open until 5pm on March 12, is not conditional on any minimum level of acceptances as Actis and its persons acting in concert (PACs) already hold more than 50% of the voting shares (63.48% as at April 18)
2017-05-02 12:48 | Report Abuse
Ghl boleh.... tetap boleh... Tunggu good news...
2017-04-29 16:00 | Report Abuse
I wonder why they have to spend resources printing all that documents sending it to every investors and still hoping for a rm1 takeover?
2017-04-29 00:01 | Report Abuse
yes @derrick8228....that's the one... Check them out and let us know what you think.
2017-04-28 22:26 | Report Abuse
Just Google about them @derrick8228
2017-04-28 15:40 | Report Abuse
0.07 also cannot lepas.... How to think of buying at or above 0.14?
2017-04-28 11:04 | Report Abuse
TP rm10 2018? @JN88 on what basis you making this assumptions? Lol
2017-04-28 09:58 | Report Abuse
Any good news from the annual report?
2017-04-26 17:53 | Report Abuse
Boleh move ka tak boleh ni..
2017-04-25 23:36 | Report Abuse
politicalofmalaysia.blogspot.my/2011/11/najibs-son-quits-harvest-board-amid.html?m=1
2017-04-24 21:44 | Report Abuse
GHLSYS holders....hold tight....huat huat soon...
2017-04-22 13:32 | Report Abuse
Where to check the current shareholders list? How to know how much actis owns now?
2017-04-21 21:02 | Report Abuse
http://www.malaysiastock.biz/Company-Announcement.aspx?id=966910
Company announcement...
Actis sending out acceptance form to shareholders to accept their rm1 offer... Closing date May 12th 2017.
This is SOP?
2017-04-20 17:56 | Report Abuse
Anzo boleh... Good news will eventually come after flushing out phase...
2017-04-18 17:46 | Report Abuse
Untung besar already bro...
2017-04-18 11:36 | Report Abuse
Good news but share drop and no volume
Stock: [GHLSYS]: GHL SYSTEMS BHD
2017-05-16 21:55 | Report Abuse
All busy with goreng counters la...less interest in genuine business nowadays.