UCREST BERHAD

KLSE (MYR): UCREST (0005)

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Last Price

0.105

Today's Change

0.00 (0.00%)

Day's Change

0.10 - 0.105

Trading Volume

510,500


15 people like this.

18,986 comment(s). Last comment by Soliday 1 day ago

babypost85

365 posts

Posted by babypost85 > 2016-11-18 09:02 | Report Abuse

lol can see many ppl no confidence to palette....

wecan2088

512 posts

Posted by wecan2088 > 2016-11-21 10:51 | Report Abuse

Buy more. Sure will up. JV with Parkway Pantai is a super good news.

babypost85

365 posts

Posted by babypost85 > 2016-11-22 09:33 | Report Abuse

har? 7 cents ... like wanna go back 4 cents

babypost85

365 posts

Posted by babypost85 > 2016-11-22 15:33 | Report Abuse

THAT DAY 1 DAY SHOW ONLY.
LOL

VLVL

640 posts

Posted by VLVL > 2016-11-24 12:12 | Report Abuse

TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : NON RELATED PARTY TRANSACTIONS PALETTE MULTIMEDIA BERHAD ("PALETTE" OR "PURCHASER" OR "COMPANY") EXECUTION OF A TERM SHEET IN RELATION TO THE PROPOSED ACQUISITION OF 51% EQUITY INTEREST IN GENOPHARMA SDN BHD (GSB) ("PROPOSED ACQUISITION")

PALETTE MULTIMEDIA BERHAD

Type Announcement
Subject TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
Description PALETTE MULTIMEDIA BERHAD ("PALETTE" OR "PURCHASER" OR "COMPANY")

EXECUTION OF A TERM SHEET IN RELATION TO THE PROPOSED ACQUISITION OF 51% EQUITY INTEREST IN GENOPHARMA SDN BHD (GSB) ("PROPOSED ACQUISITION")
The Board of Directors of Palette wishes to announce that it has on 24 November 2016 entered into a term sheet with Liao Chunhua, Liu Zhen and Tan Yi Wen (“collectively referred to as “Vendors”) in relation to the Proposed Acquisition (“Term Sheet”).

Please refer to the attachment for further details of the Proposed Acquisition.

This announcement is dated 24 November 2016.

Posted by birkincollector > 2016-11-24 13:39 | Report Abuse

is this considered an exciting news?

Posted by stephenchuah > 2016-11-24 17:53 | Report Abuse

KUALA LUMPUR (Nov 24): Palette Multimedia Bhd plans to diversify into traditional Chinese medicine (TCM) to expand its earnings base.

In a statement to Bursa Malaysia today, Palette Multimedia said it entered into a term sheet for the proposed acquisition of a 51% stake in Genopharma Sdn Bhd (GSB) for RM1.53 million. Palette said it had entered into the term sheet with GSB shareholders Liao Chunhua, Liu Zhen and Tan Yi Wen.

"GSB is principally involved in the trading of TCM, food and herbal supplement. Currently, the products of GSB are being sold at TCM clinics, pharmacies and chain stores. In addition, GSB also supplies herbal based medicines and supplements to hospitals and clinics in Malaysia.

"The proposed acquisition will enable Palette to expand its earnings base and to invest in a profitable business. Hence, the term sheet is to set the parameters of transaction and allow the parties to outline the terms and conditions, as well as their understanding and intention in respect of the proposed acquisition," Palette said.

Palette Multimedia said it would issue new shares in the company, as payment for the GSB stake.

Palette Multimedia's share trade was halted between 11:04 a.m. and 12:04 p.m. today, in conjunction with the announcement. At 12:30 p.m., the stock settled unchanged at seven sen, for a market value of RM22.37 million.

Posted by SUREJACKPOT > 2016-12-15 20:47 | Report Abuse

Pallette now very undervalue after hitting 11 sen this year .....
given the variety of great potential undertaken business - the fair value now should be 10 sen
while the warrant Palette-WA should d be 6-7 sen
UPSIDE JACKPOT POTENTIAL SEEN $$$$$$$$

Posted by nothingfree > 2016-12-19 11:36 | Report Abuse

something to look forward. curious why this investment bank interested in this company.

http://www.theedgemarkets.com/my/article/%E2%80%98local-fund-eyes-stake-palette-multimedia%E2%80%99

Posted by Mohd Rizal Bin Jaafar > 2016-12-21 15:06 | Report Abuse

tak naik pun, volume pun ciput je

richman

10,110 posts

Posted by richman > 2017-01-13 11:18 | Report Abuse

yes agreed especiallt the warrants my tp is 7cts

DRwarrant

8,354 posts

Posted by DRwarrant > 2017-01-16 18:02 | Report Abuse

Palette immediate TP 10 sen
Palette-wa 7 sen

DRwarrant

8,354 posts

Posted by DRwarrant > 2017-01-29 19:20 | Report Abuse

after CNY , heard Pallette to be GOLENGG again $$$$$$

Posted by NG Zee Zee > 2017-01-30 10:11 | Report Abuse

everyday no volume, how to goreng @@@@

Posted by SUREJACKPOT > 2017-02-02 16:00 | Report Abuse

COMING $$$$$$$$$$$$$
TP 20 SEN ,,,,got big news

mikeann

837 posts

Posted by mikeann > 2017-02-03 11:06 | Report Abuse

First resistance 0.08

DRwarrant

8,354 posts

Posted by DRwarrant > 2017-02-13 11:02 | Report Abuse

BREWINGGGGGGGGGGGGGGG $$$$$$$$$$$$$$$$$

Looiks

5,493 posts

Posted by Looiks > 2017-02-14 09:18 | Report Abuse

he..he..

Looiks

5,493 posts

Posted by Looiks > 2017-02-14 09:34 | Report Abuse

6.5 seller no more...hehe

culbertlim

393 posts

Posted by culbertlim > 2017-03-01 20:43 | Report Abuse

I bought this stock at 6

culbertlim

393 posts

Posted by culbertlim > 2017-03-01 20:43 | Report Abuse

6700 un ts

culbertlim

393 posts

Posted by culbertlim > 2017-03-01 20:43 | Report Abuse

Units

culbertlim

393 posts

Posted by culbertlim > 2017-03-01 20:43 | Report Abuse

Is it good or any good news?

culbertlim

393 posts

Posted by culbertlim > 2017-03-02 20:23 | Report Abuse

just buy
i bought 6700 units at 0.60

culbertlim

393 posts

Posted by culbertlim > 2017-03-02 20:24 | Report Abuse

it will be rising to 0.90 soon

culbertlim

393 posts

Posted by culbertlim > 2017-03-02 20:24 | Report Abuse

sorry it is 0.06 and 0.09

Posted by Ultrainvestor > 2017-03-03 12:05 | Report Abuse

anymore details on the agreement? If the guys (investors/traders) at Dnex/Censof saw this and how cheap this still is, anymore details might attract buyers.

culbertlim

393 posts

Posted by culbertlim > 2017-03-03 13:05 | Report Abuse

wtf why it goes up so much today?
is it a signal of big drop?

culbertlim

393 posts

Posted by culbertlim > 2017-03-03 13:06 | Report Abuse

palette rising to 0.12

culbertlim

393 posts

Posted by culbertlim > 2017-03-03 13:06 | Report Abuse

yay buy many cheap stock keke

culbertlim

393 posts

Posted by culbertlim > 2017-03-05 12:25 |

Post removed.Why?

Bull13

1,111 posts

Posted by Bull13 > 2017-03-05 15:38 | Report Abuse

Buy Palette wa better. Will run like Biohldg wa. Cant go wrong at 4s

culbertlim

393 posts

Posted by culbertlim > 2017-03-05 15:40 |

Post removed.Why?

Posted by nothingfree > 2017-03-06 10:04 | Report Abuse

mother seems like no more OHM.......

Posted by Ultrainvestor > 2017-03-06 21:47 | Report Abuse

this counter also like to act like a scam counter. Look at the blog post dated 27 Dec 2016.

culbertlim

393 posts

Posted by culbertlim > 2017-03-07 15:42 |

Post removed.Why?

Erica

405 posts

Posted by Erica > 2017-03-07 19:32 | Report Abuse

Obtain contract liao..good start from palette

mikeann

837 posts

Posted by mikeann > 2017-03-08 00:15 | Report Abuse

UPTREND. First resistance at 0.10

Posted by Ultrainvestor > 2017-03-08 00:26 | Report Abuse

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5359685 interesting announcement. Nearly 1 mill USD for the deliveries. Let's see how the market will react.

1star

1,052 posts

Posted by 1star > 2017-03-08 09:21 | Report Abuse

heard palette secured thousands of hospitals in China to use their e-medic

Posted by Ultrainvestor > 2017-03-08 10:35 | Report Abuse

1star as long as these kind of news are not accompanied with official figures, bursa announcements, or improving quarterly reports, don't take them as the reason to buy. The most recent one, is the kind of news that should be taken seriously.

Posted by Ultrainvestor > 2017-03-08 11:00 | Report Abuse

For me, the delivery of equipment demonstrated an attractive revenue. If they can keep this up with a few more customers..definitely a jump of an improvement from a RM61k revenue from the last quarter.

Posted by Ultrainvestor > 2017-03-08 11:08 | Report Abuse

In fact, after a quick scan of their quarterly reports summary, never in a quarter of a financial year, their revenue exceeded RM2.2 million. Most quarter reported less than a RM1 mill revenue. Keeping this on my watch.

Woo John

552 posts

Posted by Woo John > 2017-03-08 11:38 | Report Abuse

opening markets and being accepted by US and European markets are crucial for future earnings.... great future starting from 2017

Looiks

5,493 posts

Posted by Looiks > 2017-03-08 12:12 | Report Abuse

Hehehe.... going north in coming weeks

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