Posted by pang72 > 2023-08-14 21:45 | Report Abuse

The HSR project retender again which incured higher construction cost and longer time.
Hopefully, PH can stop the nonsense and move faster to roll out the project

Posted by GoldenBull66 > 2023-08-14 21:45 | Report Abuse

Imagine creditors of the NIISe projects will surround iris office demanding payment.

Posted by pang72 > 2023-08-14 21:46 | Report Abuse

45c drops to 8.5c within 3 years..
I fainted lo

Posted by Peace99 > 2023-08-14 22:31 | Report Abuse

Unbelievable! May 24 extended the contract by 1 year and then Aug 14 termination....what happened??

Posted by GoldenBull66 > 2023-08-14 22:38 | Report Abuse

Home minister should explain on the extension in the 1st place. It wasted more tax payer money.

Regardless what, iris is in deep shit tmr..their office will be surrounded by creditors demanding for payment. Already struggling for cash flow and debts.

Posted by hhhiii123 > 2023-08-14 22:38 | Report Abuse

because they lose malay vote, so PH want to sue PN for award project with bribery, haha

Posted by flytothemoon > 2023-08-14 23:11 | Report Abuse

since long times ago already said the only Iris earns money is private placement ask for more money from investor, nothing else

Posted by Good123 > 2023-08-15 09:06 | Report Abuse

projek tentang menantu bekas PM dah terminated dah insya allah :)

https://www.msn.com/en-my/money/topstories/iris-says-niise-contract-with-home-ministry-terminated-with-immediate-effect/ar-AA1ffAFD?ocid=msedgdhp&pc=U531&cvid=1e75596df1dc48f5b1ddba060755a788&ei=123

Posted by Good123 > 2023-08-15 09:07 | Report Abuse

pengarah2 yg bagi rasuah mungkin dijelkan juga... seronoklah

Posted by Good123 > 2023-08-15 09:08 | Report Abuse

PMX jaguh penentang rasuah.... 4-5 tahun akan datang dari sekarang perasuah2 boleh gulung tikar haha

Posted by Good123 > 2023-08-15 09:09 | Report Abuse

Janji PMX, i will fight them hard, sedang ditunaikan ... Paling Best

Posted by hhhiii123 > 2023-08-15 09:14 | Report Abuse

Seem like market dun think it is so bad at all, still got chance for goreng again?

Posted by Good123 > 2023-08-15 09:15 | Report Abuse

shortselling pun boleh berlaku ... berwaspada semua

Posted by greatbattles > 2023-08-15 10:59 | Report Abuse

so i guess the sale of the subsidiary wont happen as well?

Posted by GoldenBull66 > 2023-08-15 11:36 | Report Abuse

Wow. Able to sustain. Let's see when they going to default debts

Posted by hhhiii123 > 2023-08-15 12:12 | Report Abuse

Ph just lose court case against maiyuddhin, very high chance they will lose court case from IRis also,wakaka,

Posted by rainman777 > 2023-08-15 12:16 | Report Abuse

Hahahaha mau short cut pergi pasang cable tengok sudah ada problem besar, Wakaka

Posted by hhhiii123 > 2023-08-15 19:13 | Report Abuse

So sad, hope it is another aax, else can only wait many years...

Posted by GoldenBull66 > 2023-08-15 21:47 | Report Abuse

Only hope they don't default debts. If yes there would fall into PN17 and risk delisting. They very obvious struggling with debts and cash flow issue. Now without 70 cash from sale of the company that got the Project. That is huge blow

Posted by speakup > 2023-08-16 07:29 | Report Abuse

???? apa slander ni? iris has net cash of rm90 mil! Net cash = cash less off liabilities

Posted by GoldenBull66 > 2023-08-16 10:12 | Report Abuse

So with so healthy balance sheet, why need to sell 80% of the NIISe for just 70m? Now without this 70m, without the project, all the expenditure spent on this project, how big the impact on their cash flow? Not to mention the court case against government would be burning money too

Posted by xiaogumin88 > 2023-08-17 11:01 | Report Abuse

PN17 soon

Posted by flytothemoon > 2023-08-17 17:02 | Report Abuse

no money ma private placement lo, every year also doing that way

Posted by haziqaz > 2023-08-23 14:52 | Report Abuse

KDN tamatkan kontrak Iris sekat Mafia Korporat ambil alih Projek NIISe Jabatan Imigresen?

https://thecorporate-secrets.com/blog/2023/08/23/kdn-tamatkan-kontrak-iris-sekat-mafia-korporat-ambil-alih-projek-niise-jabatan-imigresen/

Posted by hhhiii123 > 2023-08-30 18:24 | Report Abuse

Wo, Dr poh promotion, can he save iris from losing government contract, hmm

Posted by speakup > 2023-08-31 22:37 | Report Abuse

https://theedgemalaysia.com/node/680871

Posted by dem777 > 2023-09-24 01:18 | Report Abuse

Con counter to generate cash for political survival

Posted by Good123 > 2023-10-06 15:44 | Report Abuse

iris dan kes political biz PN sampai ke mahkamah kan? bila dibicara ya?

Posted by whistlebower99 > 2023-11-16 10:06 | Report Abuse

FOR NEWBIES

IRIS CORPORATION BERHAD ("IRIS" OR THE "COMPANY")

(I) CAPITAL REDUCTION; AND

(II) SHARE CONSOLIDATION

(COLLECTIVELY REFERRED TO AS THE "PROPOSALS")
We refer to the Company's announcements dated 14 July 2023, 25 July 2023, 28 August 2023, 29 August 2023 and 20 September 2023 in relation to the Proposals. Unless otherwise stated, the terms used herein shall have the same meaning as defined in the said announcements.

On behalf of the Board, RHB Investment Bank wishes to announce that the Company, had, via its legal counsel, filed an application to the High Court of Malaya in relation to the Capital Reduction pursuant to Section 116 of the Act.

This announcement is dated 14 November 2023.

==============
Be aware of on-going activities

NOSH = 3,262,910,862

https://www.klsescreener.com/v2/stocks/view/0010/iris-corporation-berhad

==============
(i) proposed reduction of the issued share capital of IRIS pursuant to Section 116 of the Companies Act, 2016 ("Proposed Capital Reduction"); and

(ii) proposed consolidation of every 4 existing ordinary shares in IRIS ("IRIS Share(s)") into 1 IRIS Share upon completion of the Proposed Capital Reduction ("Proposed Share Consolidation").

Further details of the Proposals are set out in the attachment below.

This announcement is dated 14 July 2023.
https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3369371

Posted by koyokui > 2023-11-17 18:31 | Report Abuse

Buy quarter report profit

Posted by lordmaster > 2023-11-18 15:32 | Report Abuse

Yalor. Profit making again. 👏
Quarterly rpt on consolidated results for the financial period ended 30/09/2023 | https://www.klsescreener.com/v2/announcements/view/5933053

Posted by anisbin > 2023-11-24 19:04 | Report Abuse

Iris is suing ...

Posted by faizal959 > 2023-12-09 13:48 | Report Abuse

MIMOS and IRIS have collaborated on various projects, such as the development of the Malaysian passport, the electronic national identity card, and the biometric verification system. MIMOS get 80M to expedite MYDigital ID. you think iris will not get benefit?
iris will do capital reduction to pay all their debt. then do share consolidation. look at AAX they did it similar thing

Posted by DatoSulaiman > 2023-12-18 09:38 | Report Abuse

Ada berita baik kah?

Posted by carimakan > 2 months ago | Report Abuse

berita baik xde lagi.. berita ramai yg kena game ada la.. nanya pak karim

Posted by koyokui > 2 months ago | Report Abuse

Gonna break .09 insyaallah

Posted by Bull13 > 1 month ago | Report Abuse

The Edge say more than 10 companies bidding for NIISE project. Who are the shortlisted ones??

Posted by witan > 1 month ago | Report Abuse

Very likely Iris get compensation from government

Govt ordered to pay RM231.55m in damages to Awantec over termination of RM3.5b SKIN project

https://theedgemalaysia.com/node/704578

Posted by Ganesan60 > 1 month ago | Report Abuse

Hi anyone can advice on iris going consolidation..wts the rate after considition pls?

Posted by sitia > 1 month ago | Report Abuse

consolidation of Iris : 1.0000 : 4.0000, effective 22nd March 2024

Posted by sitia > 1 month ago | Report Abuse

based on 7.5c x 4 = 30c new consolidated price after.

Posted by posby > 3 weeks ago | Report Abuse

operator still sleeping

Posted by serikaya > 3 weeks ago | Report Abuse

selepas 24.3 harga everage lama anda kalikan 4 baru profit

Posted by flytothemoon > 3 weeks ago | Report Abuse

consolidate to 0.3 so it can continue fall to 0.09 and then consolidate again?😅

Posted by cybermen35 > 3 weeks ago | Report Abuse

What is the objective of ths consolidation ?

Posted by speakup > 3 weeks ago | Report Abuse

To trap ikan bilis to sell lor
Imagine u bought 15sen long time ago. Then suddenly now u see 32sen. First thing u will do is fast fast sell all cos u thought u doubled your money.

Posted by speakup > 3 weeks ago | Report Abuse

But in actually fact u lose 50%

Posted by Michael Kwok > 3 weeks ago | Report Abuse

Buy call 33.5 cents
Please consider early april
Support 28 cents not break many times
Tp 50 cents range in 6 month time.Provided no right issues before 6 month(Tp 50 cents range)
22/3/24 6.04pm

Posted by Rose001 > 2 weeks ago | Report Abuse

why keep going down :(

Posted by hhhiii123 > 2 weeks ago | Report Abuse

Need dividend, too bad no goreng at all