High5

mvcondo | Joined since 2020-05-22

Investing Experience Intermediate
Risk Profile Moderate

I am a retiree.

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Stock

2020-07-28 10:49 | Report Abuse

rbberex easily rm5 today

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2020-07-28 08:43 | Report Abuse

Worth watching though

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2020-07-28 08:42 | Report Abuse

Stake bought on 24th July

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2020-07-28 08:41 | Report Abuse

JV ? RTO? Merger?

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2020-07-28 08:40 | Report Abuse

Where is the link Xox - China Co- M3Tech?

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2020-07-28 08:39 | Report Abuse

Changes in Sub. S-hldr's Int (Section 138 of CA 2016)
M3 TECHNOLOGIES (ASIA) BERHAD

Particulars of substantial Securities Holder
Name XOX BHD.
Address 22-09, Menara 1MK
No. 1, Jalan Kiara
Mont Kiara
Kuala Lumpur
50480 Wilayah Persekutuan
Malaysia.
Company No. 201001016682 (900384-X)
Nationality/Country of incorporation Malaysia
Descriptions (Class) Ordinary share
Details of changes
No Date of change
No of securities
Type of Transaction Nature of Interest
1 20 Jul 2020
5,000,000
Acquired Indirect Interest
Name of registered holder XOX (Hong Kong) Limited
Address of registered holder 6/F., CNT Commercial Building No 302 Queen's Road Central Hong Kong
Description of "Others" Type of Transaction
2 21 Jul 2020
6,000,000
Acquired Indirect Interest
Name of registered holder XOX (Hong Kong) Limited
Address of registered holder 6/F., CNT Commercial Building No 302 Queen's Road Central Hong Kong
Description of "Others" Type of Transaction
3 22 Jul 2020
1,000,000
Acquired Indirect Interest
Name of registered holder XOX (Hong Kong) Limited
Address of registered holder 6/F., CNT Commercial Building No 302 Queen's Road Central Hong Kong
Description of "Others" Type of Transaction

Circumstances by reason of which change has occurred Acquisition of shares via the open market transactions
Nature of interest Direct and Indirect Interest
Direct (units) 32,049,200
Direct (%) 4.99
Indirect/deemed interest (units) 18,600,000
Indirect/deemed interest (%) 2.894
Total no of securities after change 50,649,200
Date of notice 24 Jul 2020
Date notice received by Listed Issuer 24 Jul 2020


Remarks :

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2020-07-28 08:34 | Report Abuse

KUALA LUMPUR (July 27): Kossan Rubber Industries Bhd's share price rocketed 21.01% or RM2.90 to an all-time high of RM16.70. Its market capitalisation ballooned to RM21.36 billion, more than Telekom Malaysia Bhd's market cap of RM14.98 billion.

Kossan took the centre stage as analysts were raising earnings forecasts after an analyst briefing last week.

The frenzied buying interest in the stock was driven by the optimism that the rubber glove maker, like its peers, would post record-breaking earnings in the current financial year ending Dec 31, 2020 (FY20) and the year after. More importantly, it is expanding quickly to ride the strong global demand growth.

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2020-07-27 16:42 | Report Abuse

Warrant really damn cheap

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2020-07-27 16:34 | Report Abuse

Nowadays cooked out a plan n announce it then goreng .. can make more money than bidding for any contract or undertake a project...

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2020-07-27 16:29 | Report Abuse

Dare to dream ...LIMIT UP

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2020-07-27 16:00 | Report Abuse

This newest pc of news need more news coverage

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2020-07-27 15:59 | Report Abuse

Traders phobia towarda this counter more often than not many news but share price movement always disappoiting

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2020-07-27 15:57 | Report Abuse

Disvest int in webe to TM positive news for gpacket

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2020-07-27 15:51 | Report Abuse

But nobody here...so unpopular ka m3tech???

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2020-07-27 15:15 | Report Abuse

lesser aellers now the sky the limit

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2020-07-27 15:15 | Report Abuse

yep 30cts coming

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2020-07-27 15:09 | Report Abuse

who knows they goreng til 30cts today

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2020-07-27 15:08 | Report Abuse

25cts coming

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2020-07-27 15:07 | Report Abuse

Wonder got anything to do wt M3tech

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2020-07-27 15:07 | Report Abuse

Must hv a good news to.announce or else how to answer SC

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2020-07-27 15:04 | Report Abuse

30cts limit up

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2020-07-27 14:59 | Report Abuse

22cts 23 cts ngam ngam all

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2020-07-27 14:58 | Report Abuse

whatever u throw they eat all

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2020-07-27 14:58 | Report Abuse

Hong Kong sharks vr hungry

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2020-07-27 12:20 | Report Abuse

m3tech moving as well

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2020-07-27 12:18 | Report Abuse

Finally after Xox price gapped up m3tech moving

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2020-07-27 11:53 | Report Abuse

Hong Kong Sharks more Vicious

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2020-07-27 11:42 | Report Abuse

This happened

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2020-07-27 11:41 | Report Abuse

Date of change
No of securities
Type of Transaction Nature of Interest
1 20 Jul 2020
5,000,000
Acquired Indirect Interest
Name of registered holder XOX (Hong Kong) Limited
Address of registered holder 6/F., CNT Commercial Building No 302 Queen's Road Central Hong Kong
Description of "Others" Type of Transaction
2 21 Jul 2020
6,000,000
Acquired Indirect Interest
Name of registered holder XOX (Hong Kong) Limited
Address of registered holder 6/F., CNT Commercial Building No 302 Queen's Road Central Hong Kong
Description of "Others" Type of Transaction
3 22 Jul 2020
1,000,000
Acquired Indirect Interest
Name of registered holder XOX (Hong Kong) Limited
Address of registered holder 6/F., CNT Commercial Building No 302 Queen's Road Central Hong Kong
Description of "Others" Type of Transaction

Circumstances by reason of which change has occurred Acquisition of shares via the open market transactions
Nature of interest Direct and Indirect Interest
Direct (units) 32,049,200
Direct (%) 4.99
Indirect/deemed interest (units) 18,600,000
Indirect/deemed interest (%) 2.894
Total no of securities after change 50,649,200
Date of notice 24 Jul 2020
Date notice received by Listed Issuer 24 Jul 2020

Stock

2020-07-27 11:40 | Report Abuse

Date of change
No of securities
Type of Transaction Nature of Interest
1 20 Jul 2020
5,000,000
Acquired Indirect Interest
Name of registered holder XOX (Hong Kong) Limited
Address of registered holder 6/F., CNT Commercial Building No 302 Queen's Road Central Hong Kong
Description of "Others" Type of Transaction
2 21 Jul 2020
6,000,000
Acquired Indirect Interest
Name of registered holder XOX (Hong Kong) Limited
Address of registered holder 6/F., CNT Commercial Building No 302 Queen's Road Central Hong Kong
Description of "Others" Type of Transaction
3 22 Jul 2020
1,000,000
Acquired Indirect Interest
Name of registered holder XOX (Hong Kong) Limited
Address of registered holder 6/F., CNT Commercial Building No 302 Queen's Road Central Hong Kong
Description of "Others" Type of Transaction

Circumstances by reason of which change has occurred Acquisition of shares via the open market transactions
Nature of interest Direct and Indirect Interest
Direct (units) 32,049,200
Direct (%) 4.99
Indirect/deemed interest (units) 18,600,000
Indirect/deemed interest (%) 2.894
Total no of securities after change 50,649,200
Date of notice 24 Jul 2020
Date notice received by Listed Issuer 24 Jul 2020

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2020-07-27 11:35 | Report Abuse

Sthing to fo wt m3tech..
hong kong share buy a stake at m3tech

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2020-07-27 11:35 | Report Abuse

m3tech?

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2020-07-27 11:28 | Report Abuse

break 50cts coming

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2020-07-27 11:27 | Report Abuse

wow 50cts coming

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2020-07-27 11:07 | Report Abuse

Latest article on Niis no mention of ancom logistic

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2020-07-27 11:07 | Report Abuse

THE National Integrated Immigration System (NIIS) concession is expected to be awarded during the first week of Aug barring any last-minute changes, people familiar with the matter tell FocusM.

But concerns of political interference loom over the border security control project.

At RM1.2 bil, NIIS is possibly the largest public project this year. It is also highly complicated, requiring different modules as to the monitoring of foreigners in and out of the country.

To be sure, this is a steep discount to the initial RM3.5 bil price tag for NIIS’ predecessor, Sistem Kawalan Imigresen Nasional (SKIN), which was directly awarded to Prestariang Bhd.

SKIN would be cancelled under the Pakatan Harapan government as part of its review of mega-projects. Prime Minister Muhyiddin Yassin was then home minister and he called for a request for proposal (RFP).

But intense lobbying from certain participants, with some even pledging a portion of their annual revenue, as well as political pressure have been some of the issues insiders have raised as the race to bag the lucrative concession heats up.

“All we want is for the tender to be awarded to the company that scored the best in both financial and technical evaluations,” a source said.

If politics takes centre stage, Malaysians will witness more taxes wasted. The current Malaysian Integrated Immigration System (myIMMs) operated by listed company Heitech Padu Bhd, which also received the concession through direct negotiation, had been a drag to public coffers.

Close to RM600 mil had been spent on myIMMs since Heitech was awarded the project in 2010. The various Auditor-General’s Reports is a good reference on how unstable the programme is, leading to multiple incidents of sabotage and shutdowns.

Naturally, this means the Immigration Department could not account for the hundreds of thousands of foreigners who have entered the country. According to the AG’s Report 2018 Series 3, myIMMs could not account for 198,479 foreigners who entered the country through various long-term immigration passes as at April this year.

Since not only taxpayers’ money but also national security is at stake, participating companies would have to ensure two things: there are no cost overruns and that the system is stable and functional.

Here are the profiles of the six NIIS frontrunners:

Dagang Net Technologies Sdn Bhd

As its name suggests, this is a wholly owned unit of listed company Dagang Nexchange Bhd. It was incorporated on Jan 18, 1989, with a paid-up capital of RM50.17 mil.

Dagang Net’s flagship is the National Single Window for Trade Facilitation (NSW), a public project of which it had been the concessionaire since 2009.

In a nutshell, the NSW is a platform that connects traders with the Customs Department and relevant agencies for import and export document processing.

Dagang Net recently received an extension of the contract for two years from Sept 1, 2019, to Aug 31, 2021.

Over its last five financial years, from 2014 to 2018, Dagang Net has been posting net profits of RM17.94 mil, RM20.61 mil, RM33.07 mil, RM32.09 mil, RM27.68 mil respectively.

Its directors are Samsul Husin, Osman Percy King Jones @ Abu Bakar, Abdul Khalil Abdullah, Mohamed Hazli Mohamed Hussain, and Md Saffi Nadzir.

Aside from Dagang Net, other DNex subsidiaries include DNex Solutions Sdn Bhd, a system integrator that has implemented projects worth RM2 bil for the Ministry of Education.

Also, Innovation Associates Consulting Sdn Bhd (IAC) which is the concessionaire of the Government Financial Management and Accounting System (GF-MAS). It’ is understood that IAC also threw a bid for the NIIS.

Mindmatics Sdn Bhd

A closely held corporation, Mindmatics brands itself a “boutique information technology house.” It was incorporated in 2001 with a paid-up capital of RM5 mil.

The company has been posting profits over the last five financial years (2012-2017) of RM35,055, RM656, 351, RM537,297, RM7.89 mil and RM30.33 mil respectively.

According to company filings, the company’s directors are Abdul Wahab Sulaiman and Asfazura Mohd Dhany. Both are 50:50 shareholders.

Mindmatics’ core businesses revolve around providing integrated IT solutions across different segments such as command centre management and cybersecurity.

Infomina Sdn Bhd

Infomina was incorporated on June 11, 2007, with a paid-up capital of RM5 mil. The company provides maintenance and support services for various IT segments.

On Infomina’s official website, among the services the company provides are surveillance, perimeter detection and green energy.

The company has been posting a net profit across its latest five financial years, from 2015 to 2019, of RM377,803, RM284,915, RM804,315, RM1.14 mil and RM3.6 mil respectively.

Infomina’s directors are Mohd Hoshairy Alias, Nasimah Mohd Zain, Lim Leong Ping @ Raymond Lim and Yee Chee Meng. The company’s directors double up as shareholders with Nasimah and Hoshairy with a 30% stake each,

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2020-07-27 10:54 | Report Abuse

lets see can move pass 50ct today

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2020-07-27 10:04 | Report Abuse

Debt free now

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2020-07-27 09:44 | Report Abuse

Worth buying too m3tech low entry now. Whats the connection btw XoX n M3tech?

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2020-07-27 09:42 | Report Abuse

Buy low sell high

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2020-07-27 09:42 | Report Abuse

What is the connection btw XoX n M3tech? Only time wil tell but b4 that goreng2 1st

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2020-07-27 09:41 | Report Abuse

Ya time to goreng...Hong Kong Share holder of XOX bought a stake at m3tech

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2020-07-27 09:18 | Report Abuse

This is a pc of good news for gpacket...disposed of webe stake....buy now ...