ubudayah888

ubudayah888 | Joined since 2023-03-07

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2023-12-18 19:01 | Report Abuse

Looks like more to come, this is beginning

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2023-12-18 19:01 | Report Abuse

hhhiiii123 i think you read it wrong. Every minority shareholder is entitled to the RM5.80 offer.. "Scoop Capital is obliged to and has extended an unconditional mandatory takeover offer to acquire all the remaining 48.49% stake in Apollo at RM5.80 per share" https://theedgemalaysia.com/node/694419

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2023-11-30 18:37 | Report Abuse

I looked at the report, I believe there's one-off costs related to the GN2 upliftment...they need to pay a big chunk of fees to the advisors during that quarter...

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2023-11-29 00:10 | Report Abuse

what do you guys think? looks like an exciting development eh

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2023-11-29 00:09 | Report Abuse

https://theedgemalaysia.com/node/691849
Catcha Digital to acquire 51%-stake in Digital Symphony for RM21.17m

KUALA LUMPUR (Nov 28): Digital media company Catcha Digital Bhd is planning to acquire a 51% equity interest in digital agency DS Services Sdn Bhd, more commonly known as Digital Symphony, for RM21.167 million.

In a press statement on Tuesday, Catcha Digital said it has inked a letter of intent for the acquisition and that the consideration payment will be split into two tranches over two years, payable upon Digital Symphony achieving a profit guarantee of audited profit after tax of RM4 million for the first year post-acquisition, and RM4.3 million for the second year.

"The acquisition is expected to materially increase Catcha Digital’s earnings per share," it said.

It plans to fund the purchase via a combination of internal funds, debt financing and equity financing.

Digital Symphony is a Malaysia-based data-driven digital agency that operates in Malaysia and Singapore. It provides differentiated performance marketing solutions to clients using its proprietary software and analytics tool.

Founded in 2014 by Kuhan Kumar Palaniappan, the company serves a broad range of enterprise clients with a focus on the property development sector, said Catcha Digital.

“Recognised broadly in Malaysia as one of the leaders in their field, Digital Symphony will form a key part of Catcha Digital’s strategy going forward. I am confident [in] Kuhan and his team, and I believe we can grow hand in hand. We look forward to working with the Digital Symphony team to bring the business to greater heights,” said Catcha Digital chairman, Patrick Grove.

Catcha Digital's shares closed up 0.5 sen or 1.12% to 45 sen on Tuesday, giving the company a market capitalisation of RM158.44 million.

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2023-07-12 00:31 | Report Abuse

thats why always read the materials guys, dont be lazy. crazy value hidden in plain sight. Now institution also x yet come in because GN2, just imagine after the upliftment haha

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2023-07-07 09:32 | Report Abuse

Pertama Digital not profitable.. lost so much money but stock strong haha. See this Catcha Digital & iMedia very profitable haha so even more upside?

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2023-07-07 09:21 | Report Abuse

very exciting new initiative

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2023-07-07 09:20 | Report Abuse

KUALA LUMPUR: Catcha Digital Bhd has announced the formation of a new business unit called i-Gov that specifically focused on working to develop technology solutions and software for the Malaysian government and the public sector.

In a statement today, Catcha Digital said i-Gov would look to acquire existing software providers to the Malaysian Government and enhance their capabilities and services as well as engage directly with the government on new initiatives and projects designed to advance the government’s technology agenda.

"We see tremendous opportunities to work with the Malaysian government to unify and improve digital services for the nation and its people, in accordance with The Malaysia Digital Economy Blueprint and Policy for the Fourth Industrial Revolution.

"With the launch of i-Gov, we aim to accelerate Malaysia’s transformation towards a digital economy,” chairman Patrick Grove said.

According to Catcha Digital, i-Gov establishment is to contribute to the Malaysian government’s effort in digital transformation and GovTech in tandem with Prime Minister Datuk Seri Anwar Ibrahim’s announcement on May 15, 2023 on the establishment of the Centre for the Fourth Industrial Revolution Malaysia, an independent centre within the World Economic Forum global ecosystem focusing on two priorities -- digital transformation and GovTech; and energy transition.

Catcha Digital is an investment holding company focused on operating businesses in the digital media, advertising and software industries. - Bernama

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2023-07-03 09:35 | Report Abuse

Read the factsheet again.. can become billion ringgit company? keep adding more brands, the boss done it before

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2023-03-24 09:48 | Report Abuse

patience......

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2023-03-23 22:52 | Report Abuse

KUALA LUMPUR, March 23 — Malaysia’s leading integrated digital media solutions provider iMedia has signed a term sheet to acquire up to 80 per cent stake in Headline Media Sdn Bhd (Headline Media).

In a statement today, it said that the acquisition is set to further boost iMedia’s digital media ecosystem and to expand its reach within Malaysia, especially among the English-speaking community.

“We are thrilled to welcome Headline Media to the iMedia family. We have been looking to grow the English-speaking audience within our digital portfolio and Headline Media is a perfect fit,” Chief Executive Officer (CEO) of iMedia Voon Tze Khay said.

It also said that the acquisition is expected to contribute meaningfully to iMedia’s projected profit before tax of RM11 million in 2023.

iMedia has also signed an Exclusive Sales Representation Agreement that will see iMedia responsible for the acceleration of revenue for the four brands under Headline Media.

As part of the acquisition, all social media assets under Headline Media will be fully integrated into iMedia’s ecosystem.

“The acquisition is well-aligned with iMedia's growth strategy which focuses on M&A and operational improvements to strengthen its digital media portfolio. With the addition of Headline Media's reach, iMedia's combined network of owned and managed brands will reach over 13.2 million Malaysians every month,” it said.

Headline Media, co-founded by Rydah Tan, Chan Jin Wen, Dylan Tan, Esther Lee and Sarah Yeoh in 2020, currently owns and operates four leading digital media brands, with WeirdKaya (weirdkaya.com) as its flagship brand. WeirdKaya is one of Malaysia's fastest-growing English social news sites, with a combined monthly reach of more than 6 million across all social media platforms.

Headline Media's other brands include LokLokWords (loklokwords.com), Malaysia's largest content platform targeting Chinese independent school students, EzLokal Food, a Malay lifestyle and food review platform, and OnlyFood KL, Malaysia's first data-driven and honest food review platform.

iMedia - Malaysia’s fast-growing integrated digital media solutions group with a combined following of over 13.2 million visitors across its websites, social platforms and influencer network — has an extensive portfolio of popular online brands and premium video streaming partnerships which include OhMedia, Ittify, Goody25, Goody!, BeautifulNara, Kimchi Daily, Moretify, WeirdKaya, LokLokWords, EzLokal Food, OnlyFood KL, Iluminasi, iQiyi, Newswav, Malaysia Gazette and Oriental Daily Online.

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2023-03-09 09:21 | Report Abuse

wow nice and insightful presentation, thanks Ali for sharing!

Last time the numbers not very clear, but look at page 13, the numbers speak for itself, the share price should go the same trend la hahaha

page 6 also interesting, quite clear the direction
then look at page 8 to show the strategy working well, not just tokok

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2023-03-09 00:09 | Report Abuse

wow just realized PERTAMA stock went crazy, but Pertama is LOSS MAKING like hell and fundamentals are SO MUCH WORSE than CATCHA...any sane mind should know where to put their $

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2023-03-08 11:15 | Report Abuse

Woaaa lets go laa! 25cent the new floor price?

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2023-03-07 17:52 | Report Abuse

finally a big one! the imedia people taking shares at 25cents, that is some comfort la the business doing so well in past years kan