Palette Multimedia Bhd has signed a RM4.1 mln contract with Trade House Atlantis Ltd and CJSC Gollard for the sale of server and hardware related products.Palette said the deployment of server and hardware related products is expected to be completed within the next three months. (The Edge Daily)
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LATEST NEWS, CORPORATE FROM THE EDGE Palette Multimedia signs contracts worth over RM4m in Russian ventures By Yimie Yong / The Edge Financial Daily | March 8, 2017 : 10:15 AM MYT Printer-friendly versionSend by emailPDF version Translated by Google Translator: Select Language​▼ This article first appeared in The Edge Financial Daily, on March 8, 2017.
KUALA LUMPUR: ACE market-listed Palette Multimedia Bhd said it had signed contracts worth over RM4 million with the associate companies of RKSS, one of the largest telecommunication system equipment developers and integrators in Russia, for the provision of hardware platform for various cloud applications software.
In a statement yesterday, the company said the deal marks its maiden venture into the Russian market.
The hardware platform is to be deployed with cloud applications like mobile health cloud and network access management. The deployment is expected to be completed within the next three months.
“Our partnership with RKSS is not only the introduction of our products and technologies into the Russian market; we are also looking at incorporating their technologies into our market. We expect Russia to contribute substantially to our company’s revenue in the networking and mobile health [segments] in the near future,” said Palette chairman Eg Kah Yee. “We also plan to jointly develop products together [by] leveraging [on the] technological strengths of both companies.
Not cruel, lately there's been too many posts on this forum on different counters saying so many over the top targets..look at wintoni (the management actually announced an MoU before the date they failed to submit 4th QR causing those who entered after reading the news about the MoU got stuck because wintoni's trading got suspended), look at dbe, kfm. I don't mind being wrong at all if it's true Palette got a very solid growth plan ahead. The blog post above, dated 27th Dec 2016 taught me to act cautiously.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
sky2111
211 posts
Posted by sky2111 > 2017-03-08 12:56 | Report Abuse
palette huat liao bought 6700 share at 0.60 keke now going up like a rocket