Ya lah macam pasukhas , Jatuh sampai 10sen+ Kini balik 30sen+ :)
@ cumcumshot The development of the penny stocks in Bursa shows the pretty ineffectiveness of the surveillance & supervision of the SC. They let these blatantly raping companies by inflating huge number of shares happen under their eyes. Yet not able to do anything. When we have a bunch of not so smart / not so hard working people working in the regulatory authorities, then it's better to follow the market. 08/07/2021 1:58 PM
Belum game over. pasukhas dari 11sen naik sehingga 30sen+. M3 macam belum tamat permainan :)
07-Jul-2021 Insider Notice of new substantial holder - XOX (HONG KONG) LIMITED on 02-Jul-2021. 07-Jul-2021 Insider XOX (HONG KONG) LIMITED (a substantial shareholder) acquired 42,000,000 shares on 05-Jul-2021. 07-Jul-2021 Insider XOX BHD. (a substantial shareholder) acquired 42,000,000 shares on 05-Jul-2021. 07-Jul-2021 Insider XOX BHD. (a substantial shareholder) acquired 64,500,000 shares on 02-Jul-2021. 06-Jul-2021 Additional Listing ESOS - 41,383,081 shares at 0.070. 06-Jul-2021 Insider Notice of new substantial holder - MR CHEW SHIN YONG, MARK on 06-Jul-2021. 06-Jul-2021 Insider MR CHEW SHIN YONG, MARK (a company director) was dealing with company shares on 06-Jul-2021.
CHEW SHIN YONG, MARK Age 51, Male, Singaporean Executive Chairman Mr. Chew Shin Yong, Mark was appointed to the Board on 27 February 2008 as an Executive Director and is now the Executive Chairman of the Company. Mark was also responsible for setting up the Hong Kong office of Messaging Technologies and is involved in its daily operations. In 1996, Mark graduated from Kingston University in United Kingdom (UK) with a Bachelor of Science (Degree) in Computer Information Systems Design. He then obtained a Masters of Business Administration (BA) from the University of Surrey, also in UK. In 1997, Mark joined the Malahon Group of Companies in their stockbroking division, Malahon Securities Limited. He was then appointed as their Director in 2002, having been a registered dealer with the Hong Kong Exchanges and the Securities and Futures Commission of Hong Kong. He currently sits on the Board of Malahon Credit Company Limited, which invests primarily in properties. Mark co-founded Mejority Capital Limited in 2012 and as a Principal, is actively involved in the firm’s public equity business via Mejority Securities Limited, a participant of the Stock Exchange of Hong Kong. He is currently a Director of Permaju Industries Berhad. He holds directorship in several private limited companies He attended all four (4) Board Meetings held during the financial year ended 31 December 2019.
OVERVIEW OF THE GROUP’S BUSINESS AND OPERATIONS M3 Technologies (Asia) Berhad (M3 Group) is one of the world’s leaders in the global delivery and settlement of mobile messaging and data services, which include SMS, MMS and WAP. With connections to more than 175 mobile operators around the world, we are at the forefront of mobile interoperability messaging and the distribution of premium and value-added services. In addition, through our subsidiaries, we are engaged in business solutions provider by offering software platform products, of which revenue is based on the SaaS (“Software as a Service”) business model. They all cater to the new business norms of having your own apps, displays, and using technology to manage your workforce, bringing these tools to everyone, and not just large corporations with deep pockets. The businesses within the Group are organized along broad business lines of: Mobile Solutions; Cloud Service solution; and Trading & Distribution. Mobile Solutions Our products include, amongst others, proprietary software, value added products and services as well as hardware and equipment, which we supply to customers in various industries ranging from retail, manufacturing, logistics and distribution, agricultural and healthcare. Over the recent financial years, our products have been sold within Malaysia and to other countries such as Pakistan, Hong Kong, Singapore, Thailand, China and Dubai. We aim to continuously seek market opportunities in the domestic and export markets to strengthen our market presence and enhance profitability. To this end, we will remain committed to providing quality products and services, as well as continuously improving our products and services in order to expand our customer base and secure more orders both locally and internationally. This will in turn support our long term sustainability and growth. Our Major Clients include banking lines such as AgroBank Berhad, Hong Leong Bank Berhad, Bank Islam Malaysia Berhad and Affin Bank Berhad; corporate lines such as Petronas Dagangan Berhad, Tesco Malaysia and Prudential BSN Takaful Berhad; as well as small and medium enterprises (SMEs) lines such as Merchantarde Asia Sdn. Bhd., Sime Darby Auto Bavaria Sdn. Bhd. and Prime Court Medical Centre Sdn. Bhd. Our long-term suppliers and partners in Mobile Solutions business includes major Malaysian Telcos such as Maxis Berhad, Celcom Axiata Berhad, Digi Telecommunication Sdn. Bhd., U Mobile Sdn. Bhd. and XOX Berhad. We are aiming to achieve the vision to create a well-known brand software platform on all our established products and also looking forward to becoming the leading mobile solutions and SaaS service provider.
Cloud Services Solutions Our products under cloud services solutions include i3Display, i3TeamWorks and i3AppsBuilder based on the Software as a service (SaaS) model which includes improvements, enhancements, extensions and revisions to the Solutions as well as the server hosting and maintenance. Looking at the current demand for electronic Displays in all business premises, we are committed to provide quality products and services, as well as continuously improving our products and services in order to expand our customer base and secure more orders both locally and internationally. With Displays flexible platform, we are able to integrate them as a functional kiosk for purposes such as Interactive Mini Game, Mall Navigation, Self-Order System, Camera Booth, Reload system, Queue system and many more depending on the needs of the industry. Our Major client includes ShowDC in Thailand, and in Malaysia, Perodua Sales Sdn. Bhd., Malaysia Airports Holdings Bhd (KLIA 1 and 2), Petroliam Nasional Berhad (Petronas), Avenue K Shopping Mall and event organiser such as AV Solutions Intergrated Sdn. Bhd. and Big Bash Media Sdn. Bhd. The Group worked together with factories who manufacture LED Displays, and pre-install our i3Display as their default application to be supplied to the world at large. Likewise for i3TeamWorks, the Group have enhanced its cloud service to encompass the full aspect in the business management system including Sales Culture, Work Culture and Office Culture to improve productivity and efficiency. Our major clients include Agrobank Berhad, Silver Ridge Holdings Bhd, Havana Trading Sdn. Bhd. i3AppsBuilder is a platform to create iOS, Android and Mobile Web applications without coding. Likewise i3Display, it flexibility make it able to integrate with interactive Mini games, Survey, Online Registration, Self Ordering System, as well as to work together with i3Display to provide more usage coverage such as Queue System on mobile, Event Registration and Contest. Our clients for i3AppsBuilder include Tesco Malaysia and SIRIM QAS International Sdn. Bhd.
The Group maintains to focus on its core business in SMS Value Added Services (“VAS”) business especially in Malaysia and Pakistan, despite facing aggressive competition from advance mobile technologies in recent times. Thus, the Group continue to ensure that each operation is effectively run, by applying a strictly control on expense, whilst further improving on sales for all channels, with additional focus on collections from such sales. However, the Group has restructured the above operations, and moving the business focus to new i3series of products and enhancement, which includes the three products under our own research and development ─ i3Display, i3TeamWorks and i3AppsBuilder. The following are some of the successes of these products: Malaysia – Successfully secured 85 units of i3Display (hardware and software) for use via monthly rental with a contract period of 24 months to Malaysia Airports Holdings Bhd (KLIA 1 and 2). There are on-going contracts from previous year with Perodua Sales Sdn. Bhd. for 87 units i3Display (hardware and software) under 24 months rental contract. Other successful sales include Tesco Malaysia Sdn. Bhd., Nirvana Memorial Center, Avenue K Shopping Mall, Desa Park City, AV Solutions Intergrated Sdn. Bhd., Big Bash Media Sdn. Bhd., Malaysia Design Development Center and Agrobank Berhad and more. China & Hong Kong – Managed to rationalize sales of i3Display platform services to Mainland China factories to be maintained at healthy pace. We currently have 4 factories that have placed initial minimum orders and have started to bundle the i3Display platform with the hardware that they manufactured. Thailand - Sold i3Display to ShowDC, which will enable the use of all our LED Displays in their mall. A total of 70 units will be used on a monthly rental-basis, and license for their customized display. Pakistan - M3 Pakistan is deploying more of its resources into VAS and managed services in the banking and telecommunication industry. Ultimately, the Company’s direction is to build, operate, and excel in Mobile Value Added Services, Fintech Solutions, Banking Solutions and Corporate Services.
Mobile Solutions Group will focus on maintaining business operation and performance of SMS “Value Added Services” (VAS) due to several industries such as banking and telecommunication still active in looking the demand on this service especially in Malaysia and Pakistan. Malaysia channel take an initiative to integrate VAS Services with i3App and i3Messenger, to improve the creativity and technology development. The current team will closely monitor the service provided to our reputable client such as Bank Islam Malaysia Berhad, Hong Leong Bank Berhad and Petronas Dagangan Berhad to ensure the long-term business continuation support from both parties. Pakistan channel will continue to maintain and grow the Mobile Banking Solutions and Mobile Value Added Services in banking and telecommunication sector respectively. As part of overall strategy, the company has applied for TPSP license with Pakistan Telecommunication Authority potentially opening up newer lines of business solutions in the coming years supplemented with a varied set of products for process automation and customer interaction.
Cloud Services Solutions Looking at the current demand for LED Displays in all business premises, i3Display has great potential to be in demand. With its flexible platform, we are able to integrate them as a Functional Kiosk for purposes such as Reload, Queue system and many more depending on the needs of the industry. Likewise for i3TeamWorks, over the past 18 months the Group have enhanced its platform to encompass the full aspect of a whole company such as Work, Sales, Office and Accountingrelated modules. Having said that, the following has taken place: 1. Two Main Group Channel Sales have been performed; Malaysia Team and China & International Team. 2. To work with factories who manufacture LED Displays, and pre-install our i3Display Content Management System (CMS) as their default application to be supplied to the world at large. 3. To work with Resellers such as System Integrators to become our Resellers and spread our business across South East Asia. 4. To integrate all three platforms ─ i3Display, i3TeamWorks and i3AppsBuilder ─ and create applications such as i3SOS (Self-Order System), to cross sell vertical applications to fit the needs of different industries. i3SOS is in the pipeline to introduce staff less restaurants and the likes, by integrating technologies such as NFC and RFID.
Good grace. 41 cut and paste of old stories in here alsone. How much they pay you Good for Nothing. Get a real job or raise white flag or black flag if you need help.
(July 8): Southeast Asia is the world’s fastest-growing region for mobile wallets, followed by Latin America and Africa & Middle East, research from London-based fintech company Boku Inc shows.
The number of mobile wallets in use will grow 311% from 2020 to almost 440 million by 2025 across Indonesia, Malaysia, the Philippines, Singapore, Thailand and Vietnam, reflecting an e-commerce boom, according to a global study on the industry, which was published on Thursday in partnership with Juniper Research Ltd. The usage in Latin America is set to expand 166% during the same period, while that in Africa and Middle East will grow 147%.
Mobile wallets overtook credit cards to become the most widely used payment type globally in 2019, according to the report, and adoption accelerated during the pandemic. There were more than 2.8 billion mobile wallets in use at the end of 2020, and that’s projected to increase 74% to 4.8 billion by the end of 2025.
The study found there are two distinct types of mobile wallets in the world. One is card-based mobile wallets like Apple Pay and Google Pay, which are more popular in developed markets. The other is stored value mobile wallets like China’s AliPay and Grab Holding Inc’s GrabPay, popular in emerging markets where credit-card usage is lower.
In 2020, there were 55 stored value mobile wallets that processed more than US$1 billion in annual transactions. Pakistan’s SadaPay is projected to be the fastest-growing mobile wallet in the world in the five years to 2025, followed by Mercado Pago and PicPay in Brazil.
Chinese wallets are likely to have limited impact outside their home market, the study said. That’s despite Ant Group Co’s Alipay taking stakes in international companies including mobile money platform bKash Ltd, and Tencent Holdings Ltd’s WeChat Pay getting approval for use in Indonesia in 2020.
“It seems unlikely that they will conquer emerging Asian markets as many once thought,” the report said, adding that their usage overseas was mostly limited to Chinese tourists.
PERSISTENT bullishness on US tech stocks has boosted hopes that similar good fortune will rub off on local players in the sector. At the very least, investors are keeping their fingers crossed that share prices will stay elevated even though the market is gravitating towards stocks perceived as likely to benefit in a recovery scenario.
The technology-weighted Nasdaq Composite Index rallied to an all-time high last week and Microsoft Corp surged to become the second most valuable tech firm in the US after Apple Inc with a market value of US$2 trillion (RM8.3 trillion). This could boost local tech stocks, which have been tracking their US peers closely, analysts say.
“Looking at the chart, the Nasdaq is still in a healthy trend. It is still a valid uptrend if the demand is there. The Malaysian market is lagging a bit because of the (current) lockdown and market sentiment. But with the herd immunity target (reached), it will be positive for the technology sector,” Kenanga Research’s technology analyst Samuel Tan tells The Edge.
With a year-to-date rise of 15.45%, Bursa Malaysia’s Technology Index has outperformed the benchmark FBM KLCI Index’s 3.8% drop. Returns from local technology stocks are also superior to the 11.73% gain in the Nasdaq Composite Index.
Pergi cari kerja lain jikalau kamu dah dipecat oleh m3. Tak payah buang masa untuk membalas dendam :)
@tch123 Good grace. 41 cut and paste of old stories in here alsone. How much they pay you Good for Nothing. Get a real job or raise white flag or black flag if you need help.
SUDAH CAPAI ALIRAN TUNAI POSITIF.... FAHAM KINI KERANA PUAK2 NI BERGADUH :)
M3 TECHNOLOGIES (ASIA) BERHAD (Registration No. 199901007872 (482772-D)) (Incorporated in Malaysia) CONDENSED CONSOLIDATED STATEMENT OF CASH FLOWS For the Fifteen (15) months ended 31 March 2021 31-3-21 31-12-19 Unaudited Audited RM'000 RM'000 CASH FLOWS FROM OPERATING ACTIVITIES Loss before taxation (2,547) (6,528) Adjustment for: Allowance for impairment of receivables 100 1,772 Allowance for impairment of amount due from - - joint venture Amortisation of product development expenditure 1,712 1,548 Bad debts recovered - (78) Bad debts written off - - Depreciation of right of use assets - 686 Depreciation of plant and equipment 2,443 1,318 Accounting standard MFRS 16 - (149) Impairment loss intangible assets 1,000 - (Gain)/loss on disposal of plant and equipment - (238) (Gain)/loss on foreign exchange translation (638) 394 Impairment loss on goodwill - - Impairment loss on investment in a jointly controlled entity - - Interest income (525) (883) Inventories written down 252 584 Prior year adjustment - (1,363) Property, plant and equipment written off - 24 Operating profit/(loss) before working capital changes 1,797 (2,913) (Increase) / Decrease in current assets (567) 2,572 Increase / (Decrease) in current liabilities 3,461 3,394 Cash From/(Used in) Operations 4,691 3,053 Tax Paid (3,380) (1,645) Interest received 715 1,044 Net Cash From/(Used in) Operations 2,026 2,452
NET CHANGE IN CASH AND CASH EQUIVALENTS 4,232 1,883 CASH AND CASH EQUIVALENTS BROUGHT FORWARD 12,897 13,696 EFFECT ON FOREIGN CURRENCY TRANSLATION (2,520) (2,682) CASH AND CASH EQUIVALENTS AT END OF THE PERIOD 14,609 12,897
Terbaik, segala-galanya untuk kebaikan pemegang syer minoriti dan pertumbuhan syarikat. Forensik audit juga boleh dilakukan jikalau wajib.
Terindah!
MATERIAL LITIGATION M3 TECHNOLOGIES (ASIA) BERHAD ("M3TECH" OR "COMPANY") - KUALA LUMPUR HIGH COURT SUIT NO. WA-23NCvC-60-06/2021: LIM SENG BOON ("PLAINTIFF") AGAINST M3TECH ("DEFENDANT")
M3 TECHNOLOGIES (ASIA) BERHAD
Type Announcement Subject MATERIAL LITIGATION Description M3 TECHNOLOGIES (ASIA) BERHAD ("M3TECH" OR "COMPANY") - KUALA LUMPUR HIGH COURT SUIT NO. WA-23NCvC-60-06/2021: LIM SENG BOON ("PLAINTIFF") AGAINST M3TECH ("DEFENDANT") Pursuant to Rule 9.04(f) of the ACE Market Listing Requirements of Bursa Malaysia Securities Berhad, the Board of Directors of M3Tech wishes to announce that the Company on 8 July 2021, was served with a writ and statement of claim from Lim Seng Boon, alleging the Company had defamed him via the Company announcement dated 26 April 2021 ("Suit"). Via this Suit, Lim Seng Boon claims for, amongst other, RM5,000,000 damages.
The Suit is frivolous and vexatious, and the Company had appointed Messrs Chong + Kheng Hoe to represent the Company.
Besides, the Company had on May 2021 appointed Messrs Crowe Malaysia PLT to undertake a forensic audit over the dubious transactions.
This announcement is dated 9 July 2021.
Announcement Info Company Name M3 TECHNOLOGIES (ASIA) BERHAD Stock Name M3TECH Date Announced 09 Jul 2021 Category General Announcement for PLC Reference Number GA1-09072021-00078
#NSTbusiness Technology sector is expected to experience multi-year earnings growths supported by fundamental exponential demand and further enticed by government incentives.
Baguslah, kenalah pengarah2 jikalau tak ikut codes of corporate governance.
The past few months have seen business leaders placing their most tricky bets yet. With the ongoing pandemic and resulting lockdowns of varying degrees, businesses have been challenged in how they plan for their future, conserve cash to stay liquid and prevent disruption to operations. Weighed down by the uncertain global and domestic economic climate, business leaders, in particular directors, need to confront some tough questions, including what they need to do when the business faces inevitable distress.
Warning signs and interpretation of information
At the speed with which the landscape is evolving, it is crucial to identify potential signs of distress as early as possible. Think of it like personal health. An early diagnosis typically gives doctors a broader array of potential treatments. Ignoring symptoms until one’s condition gets worse will result in more limited, and possibly more drastic, treatment options.
Some common warning signs directors need to recognise include:
Profit not converting to operating cash flow Frequent (and unplanned) fundraising activities Declining revenue and profit or recurring losses High and increasing interest payments Downgrade in credit rating and heavy debt load Extended receivables and payables days Steep decline in share price Sudden departure of key executives within a short span of time But how can directors best diagnose such symptoms, especially when they aren’t at the company every day? As a start, they can critically examine the company’s performance information provided by management at every meeting. A good gauge that things are in order is to observe the way the information is presented and assess whether it is consistently communicated and what trends are visible.
Directors need to determine if the information is consistent with intelligence from other sources about the state of the industry and the company. If one or more of the above warning signs pop up, the right thing to do is to press for more details or explanation.
Directors need to be firm in seeking answers while keeping in mind that management may be preoccupied with day-to-day operations and may not be as sensitive to systemic threats to the business. This is in line with the board responsibilities set out in the recently released Malaysian Code on Corporate Governance 2021, which states that the board should govern and set the strategic direction of the company while exercising oversight on management.
Despite being vigilant, it is important for directors to accept that distress is sometimes unavoidable, especially in a Covid-19 weakened economy. It makes good business sense to tackle distress up front as proactive actions preserve options, earn the trust of employees and investors, and provide the company with greater ability to negotiate from a position of strength. In response to distress, directors could take the route of restructuring the company.
Last 5 days to register or send in your Proxy Form for the coming 19th July EGM to remove all current directors. Find out detail here. Email your Proxy Form here.
Who are you trying to fool. Yourself. ?? Only those shares are in CDS account yesterday carry votes. Those that purchase today will not carry any votes in this coming EGM.
Be careful, as those ESOS issue for the EGM purpose will drive prices to go down, down, down... Vote them out.. Register or Email your proxy. 4 days left
Lagi banyak potensi bagi m3 Di seluruh dunia bukan hanya Di Malaysia
M3 Technologies (Asia) Bhd is a Malaysia-based engaged in the provision of mobile value-added services. Business activity of the firm is operated through the region of Malaysia, Thailand, Pakistan, and Other Asian Countries of which Malaysia region accounts for a larger share of revenue. It offers a range of mobile solutions and platforms, such as multimedia products, wireless access protocol (WAP) and Java 2 Micro Edition (J2ME) applications catering to all channels of its business, such as Business to Consumer, Business to Business and Business to Owner. The company delivers approximately two billion messages per month and has connections to over 175 mobile operators, including mobile interoperability messaging and the distribution of value-added services.
Manyak penipu sini, pakai nama macam2. 123 / 321 / 456 macam2 ada, tapi satu tujuan sj. Cakap kosong. Kalau bagus sgt, lu beli habih2 semua sampai kuat sama XOX mah. 7c lu pun tak beli, tak ada duit?
Bila tu Lan Chai vs Bodoh Lim selesai minggu depan, siapa nak beli lagi? good2 beli ah? Kalau wa betul2 cakap, dua2 pun tak boleh pakai. Dua2 pun tak dapat pulih kan M3.
Warga singapura dah beli melalui Esos pada harga 7sen, anda?
Changes in Director's Interest (Section 219 of CA 2016)
M3 TECHNOLOGIES (ASIA) BERHAD
Information Compiled By KLSE
Particulars of Director
Name MR CHEW SHIN YONG, MARK Descriptions(Class) Ordinary Shares Details of changes
No Date of change No of securities Type of transaction Nature of Interest 1 06/07/2021 41,383,081 Others Direct Interest Name of registered holder Chew Shin Yong, Mark Description of "Others" Type of Transaction ESOS Consideration (if any) 0.070
Circumstances by reason of which change has occurred Exercise of options under the Employees Share Option Scheme Nature of interest Direct Interest Total no of securities after change
Direct (units) 49,708,081 Direct (%) 5.563 Indirect/deemed interest (units) 0 Indirect/deemed interest (%) 0.000 Date of notice 06/07/2021 Date notice received by Listed Issuer 06/07/2021
Too Late. Share register after 12th July no longer carry any vote. BE CAREFUL, ESOS shares issue for the EGM will be "dump" . https://savem3tech.wordpress.com/
Baguslah, selepas pengasas dah tiada, m3 semakin baik dari segi NTA dan jualan. Ia akan melaporkan keuntungan bila2 masa memandangkan 5G semakin popular di seluruh dunia
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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....
Good123
25,305 posts
Posted by Good123 > 2021-07-08 14:15 | Report Abuse
Ya lah macam pasukhas , Jatuh sampai 10sen+ Kini balik 30sen+ :)
@
cumcumshot The development of the penny stocks in Bursa shows the pretty ineffectiveness of the surveillance & supervision of the SC.
They let these blatantly raping companies by inflating huge number of shares happen under their eyes. Yet not able to do anything.
When we have a bunch of not so smart / not so hard working people working in the regulatory authorities, then it's better to follow the market.
08/07/2021 1:58 PM