PUC is not selling Presto, birkincollector. In fact, its subsidiary Presto Technology Sdn Bhd is selling software and intellectual property to G Solution Tech Sdn Bhd for a total cash consideration of RM22 million
The proceeds from the sale of the software and intellectual property rights amount to RM22 million. Of this, RM21.8 million will be used as the company's working capital and the remaining RM200,000 will be used to meet the estimated fees and expenses for the proposed sale.
Profit Guarantee. A RM32 million profit guarantee over two years ensures a secure return on investment.
Market Expansion. The acquisitions position PUC to tap into new markets and expand its service offerings.
Innovative Solutions. Combining Martech, Fintech, and Entertainment Technology will enhance PUC’s competitive edge.
Experienced Leadership. Strong leadership from both PUC and Alevate ensures a strategic and successful integration.
Conclusion
With its strategic acquisitions, promising profit guarantees, and visionary leadership, PUC Berhad is on the brink of significant growth. This is an opportunity you don’t want to miss. Invest in PUC today and be part of a transformative journey towards creating a leading integrated technology solutions provider.
What happens after the due diligence, G Solution Tech Sdn.Bhd aborts the purchase as the assets are not suitable for it's intended use? PUC forfeits the deposit payment by the purchaser which amount will probaably cover it's working capital for a month at the rate losses are being incurred?
On this note, Malaysia’s F&B sector is projected to grow significantly, driven by increased tourism and consumer spending.
The sector is anticipated to grow by 10.4% in 2023 with continued growth expected in 2024. In this regard, Dolphin is well-positioned to capitalise on these trends and drive sustainable growth and shareholder value
Announced EX Date Subject Ratio Offer 20 Feb 2020 05 Mar 2020 Share Consolidation 1.0000 : 5.0000 View 04 Jan 2016 15 Jan 2016 Rights Issue (warrant) 28 : 20 0.0500 View 06 Nov 2014 23 Dec 2014 Others (warrant) 1 : 7 View 06 Nov 2014 23 Dec 2014 Bonus Issue 1 : 7 View
===================== After share consolidation in 2020, directors continue with massive fund raising via shares issuance to PP, ESOS, etc to push NOSH to beyond 2.5 BILLION shares !!!
NOSH = 2,578,899,479 WA = 26,552,111
Multi year loss making company
================== Types of corporate proposal Private Placement Details of corporate proposal PLACEMENT OF UP TO 246,778,000 NEW ORDINARY SHARES, REPRESENTING 10% OF THE EXISTING TOTAL NUMBER OF ISSUED SHARES OF PUC BERHAD No. of shares issued under this corporate proposal 45,455,000 Issue price per share ($$) Malaysian Ringgit (MYR) 0.0550 Latest issued share capital after the above corporate proposal in the following Units 2,624,354,479 Listing Date 12 Jul 2024
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....
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