On 20 March 2018, the Company announced that it had completed an issuance of 200,000,000 new ordinary shares in Cuscapi (“Subscription Shares”) at RM0.25 per Subscription Share and 40,000,000 new warrants (“Subscription Warrants”) at RM0.08 per Subscription Warrant (“Issuance”). The Subscription Shares and Subscription Warrants were issued to Ultimate Quality Success Sdn Bhd, Rose Vision Sdn Bhd and Rosetta Partners Sdn Bhd. As set out in the circular to shareholders of Cuscapi dated 8 February 2018 in relation to the Issuance (“Issuance Circular”), the total gross proceeds raised from the Issuance is RM53.20 million (“Issuance Proceeds”). RM46.50 million from the Issuance Proceeds raised were intended to be utilised for future business expansion.

As at the date of this announcement, the Company has yet to utilise RM44.72 million out of RM46.50 million of the Issuance Proceeds previously earmarked for future business expansion. Further, as the Goods and Services Tax (“GST”) landscape has changed post the 14th Malaysian general election, the Company wishes to have some degree of flexibility on utilising its proceeds given that some of the Company’s projects involve GST implementation.

Arising from the above, the Board of Directors of Cuscapi wishes to announce that the Company proposes to vary the utilisation of proceeds of up to RM18.00 million raised from the Issuance (“Proposed Variation”).

Kindly refer to the attached document for the details of the Proposed Variation.

This announcement is dated 31 July 2018.

Cheap will become cheaper...

Hoot sama dia....

turbo not functioning again?

笨笨很成功。失败的是你的涡轮增压！哈哈哈哈哈哈

笨笨去年松大大会也大炮仙一轮之后股价就一路向南边跑到今天。今次又来车大炮。你还会相信吗？哈哈哈哈。。。笨笨加油！

Besok hoot sama dia....

Ranger Jaya said 0051 is a flying up soon! Don't miss the boat ikan ikan bilis semua!

mai siao la... limit up? tomorrow continue eat Kepsi saja....

Lembaga Tabung Haji has notified the Company on 26 July 2018 via an amended Change in the Interest of Substantial Shareholder Pursuant to Section 138 of Companies Act, 2016 dated 24 July 2018 that there was no disposal of ordinary shares on 18 July 2018. The disposal was in respect of warrants of the Company.

LTH main main sini.... macam BenBen! Suka main main..... Jom pergi makan Kepsi....

We all need BenBen.... Hidup BenBen!!!

U need Mechanic

Now go makan Kepsi la.... year end balik can go FourSeason hotel makan buffet dinner.....

suddenly so many people come out to shoot 0051.... hehehehehehe.... the usual wayang kulit stunt!

Hidup BenBen

CYBERJAYA (July 25): Datasonic Group Bhd plans to aggressively expand its business overseas this year, focusing on Indonesia, West Africa and Middle East as it is confident of the business prospects in these markets, and believes it has more than half a chance of clinching projects tendered.

"Our focus will be on secured identification (ID) business, driving licence and passports," deputy managing director Chew Ben Ben told reporters after Datasonic's 10th annual general meeting today. "We will not go into foreign countries if the chance of winning the contract is less than 50%. It is not worth the cost spent."

He pointed to Saudi Arabia, Egypt and Qatar as some of the potential markets which Datasonic considers to be politically and financially stable.

The second largest shareholder with a 25.33% stake, Chew said Datasonic aims to tender for projects with a profit margin of about 20%.

"We will also bank on the support of a good local partner, while we expect the government there to be a good paymaster. Once secured, we hope that earnings contribution will come in starting from FY20," he added, noting that contracts in foreign countries normally have a long gestation period.

This year, Chew said Datasonic hopes to secure a significant government contract in at least one of the 17 West African countries.

"The contract that we are aiming for is the secured ID Solutions," he said, adding the goal next year is to secure a sizeable immigration-related contract from the Saudi government, which handles more than two million Muslim pilgrims yearly.

"The Saudi government is very impressed with our product offering, particularly with our ability to clear one immigration customer under 15 seconds via our proprietary passport and facial recognition technology, without compromising on the security aspect," he said.

In Indonesia, Datasonic is hoping to secure work to upgrade magnetic bank cards to chip-based cards.

In December 2016, Bank Indonesia announced that the archipelago will be rolling out chip-based technology bank cards by early 2022, which will affect 143 million debit cards and 17 million credit cards currently in circulation, and over 100,000 automated teller machines.

"Although the timeline is still a long way, we are taking this opportunity to ready our technical expertise ... and if we do get the contract, the payment terms will be per upgraded card," Chew said.

In September 2017, Datasonic embarked on a joint-venture partnership with Perum Percetakan Negara Republik Indonesia, a state-owned firm to establish PT Datasonic Teknologi Indonesia, which will expand the smart card business in the island archipelago.

Chew said Datasonic's orderbook stands at RM958 million, which will keep the company busy for more than three years.

On market speculation that the company is politically linked, managing director Datuk Abu Hanifah Noordin, who owns 28.38% of Datasonic, maintained, "We are not linked to Umno or Bersatu. We are a company whose business value is always based on merit and capability. We are basically non-partisan.

"Yes, our long-standing chairman is the brother-in-law of the Prime Minister, but look at our track record — we have secured projects under the previous Barisan Nasional government, and we worked well with the then opposition government in Penang."

A former military general, Datasonic chairman Tan Sri Mohamad Hashim Mohd Ali, 83, is the younger brother of the Prime Minister's wife, Tun Dr Siti Hasmah Mohd Ali. Mohamad Hashim has been Datasonic chairman since June 2011.

"We have survived political changes, which I deem to be good as it reflected the will of the nation. Contracts will be merit based and Datasonic should be judged solely on its merit," he added.

Datasonic is currently trading at about 85 sen, for a market capitalisation of RM1.16 billion.

Hidup BenBen!

BenBen said turbo not functioning well.... probably laosai again as usual! stay alert!

BenBen said go eat Kepsi later for dinner.... No news coming!

Hidup BenBen!

Hidup BenBen.....

What good news? Ranger Jaya said no news wor....

Hehehehehe....

oranje sudah balik belanda?

Hidup BenBen!

Looks like gonna eat kepsi bucket berbaloi for another months.... Hidup BenBen!

Pursuant to Paragraph 14.08(a) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad ("Bursa Malaysia"), the following persons (referred to as "Affected Persons") have notified that they intend to deal in the Company's securities during closed period.

In accordance with Paragraph 14.08(d) of the Main Market Listing Requirements of Bursa Malaysia, the Affected Persons will inform the Company Secretary of the Company on the details of their dealings within one (1) full market day after the dealing has occurred. Please refer to the attached file for the details of the announcement.

This announcement is dated 23 July 2018.

need to break 0.910 or else triple top will lead to another round of retracement!

Ascending triangle in the making....

Rangers coming to the rescue soon....

Holland player is here.... Stay alert!

Netherlands is Holland.... Holland is Netherlands... Wahahahaha....Permain dari Holland rupanya....

Congrats oranje... U are well deserved with the virgins down there!

Wow... LTH pun disposed to join us beli Kepsi bucket berbaloi... Hidup BenBen...

sell some more! fuuuhhhh.... mayday mayday mayday...... seacera is going down..... seacera is going down....

Sold all 0.380 stock at 0.460 today... Thanks you 0001...

try Q lower la Tilly...

Good good Tilly... Come join BenBen eat Kepsi together-gether!

Tilly can go Q buy Kepsi dinner plate dy......

Today continue sell warrant to buy more Kepsi family bucket! Hidup BenBen!

Fake rebound.... Stay alert...

GSTM project most probably will stay for SSTM purposes since the 1st stage already deployed to thousands of f&b outlet nationwide. Let's see.....

sell some more! fuuuhhhh.... mayday mayday mayday...... seacera is going down..... seacera is going down....

See u oranje at 0.38 sen

gone case! don't waste time waiting lo!

BenBen disposed warrant to buy Kepsi family bucket like what I did..... But he's price was quite low at 0.21..... Hidup BenBen!!!!

nasib baik sudah cut loss.... BIG bosses disposed lagi ini hari!

Hidup BenBen!!!!

big bosses kept disposing...... cut lost monday & go away better!

knowing BenBen style... Look at Seacera.... BenBen also there in the top 30!