Posted by Good123 > 2021-07-27 10:04 | Report Abuse

As one of its specific application, i3SOS is a self-ordering system that allows
customers making order via their smart devices in food outlets.
M3Tech’s bread-and-butter business, i.e., mobile value-added services solution
remains the key profit centre of the group, particularly the 60:40 joint venture
formed between M3Tech and Yevolve (Pte) Ltd in Pakistan. Although the usage
of SMS is on a declining trend in more advanced countries including Malaysia,
SMS gateway for mobility solutions is still widely used in Pakistan and growth is
expected to continue in the near future. In Malaysia, corporates and banks are
still relying on M3Blast to broadcast information or updates to clients via bulk
SMS at promotional rate.
XOX Bhd was the largest shareholder of M3Tech since 12 May 2016 but it has
disposed 39.6m shares (6.8% shareholding) in 3Q17 and left with 5.5%
ownership. Meanwhile, PAPAGO (H.K.) Limited emerged as one of the
substantial shareholders of M3Tech since 7 Nov 2012 through a private
placement exercise but it sold 24.2m shares (4.2% shareholding) in 4Q17, left
with 4.9% ownership and ceased to be M3Tech's substantial shareholder. On
the other hand, Mr. Lim Seng Boon acquired an additional 0.5m shares (0.1%
shareholding) in 3Q17, bringing his total shareholding to 13.4% (including an
indirect stake of 4.1%). Based on its FY2017 annual report, several new
shareholders have emerged following XOX’s disposal. These new shareholders
include GV Asia Fund (which owns a 3% stake of M3Tech), an entity believed to
be connected to Mr. Voon Sze Lin. Mr. Voon also holds a direct stake of 1.3% of
M3Tech.

Posted by Good123 > 2021-07-27 11:35 | Report Abuse

ramai tak sedar bahawa m3 dah mencapai aliran tunai positif dari operasi :)

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
CASH FLOWS FROM INVESTING ACTIVITIES
Purchase of property, plant and equipment (2,194) (226)
Acquisition of intangible assets (856) (1,043)
Investment on quoted shares - -
Proceeds from disposal of investment - 480
Acquisition of subsidiary - -
Net Cash Used in Investing Activities (3,050) (789)
CASH FLOW FROM FINANCING ACTIVITIES
Proceed from issuance of shares 7,644 2,103
Dividend paid to non-controlling interest (1,701) (1,636)
Interest paid (190) (161)
Repayment of term loans (405) (86)
Repayment of lease liabilities (92) -
Net Cash From Financing Activities 5,256 220
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
The Condensed Consolidated Statement of Cash Flows Income should be read in conjunction with the audited financial
statements for the financial year ended 31 December 2019 and the accompanying explanatory notes attached to the interim
financial statements.

Posted by Good123 > 2021-07-27 11:38 | Report Abuse

semakin hampir untuk melaporkan keuntungan :) lihat sendiri

SEGMENTAL INFORMATION
Segmental information of the results of the Group for the cumulative quarter is as follows:
(i) Geographical Segment
Other Eliminations/
15 months ended Malaysia Thailand Pakistan Countries Adjustments Group
31 March 2021 RM'000 RM'000 RM'000 RM'000 RM'000 RM'000
Revenue 19,518 23 37,277 6,070 (4,270) 58,618
Segment results (41,686) (569) 8,940 (3,056) 33,285 (3,086)
Interest (expense)/income (118) - (66) (6) 729 539
(Loss)/Profit before taxation (41,804) (569) 8,874 (3,062) 34,014 (2,547)
Segment assets 10,827 7,360 38,096 20,217 (23,205) 53,295
Segment liabilities 33,503 5,223 10,923 50,919 (79,058) 21,510


SEGMENTAL INFORMATION (CONTINUED)
Mobile
Solutions Cloud
and Service Eliminations/
15 months ended Trading Solutions Adjustments Group
31 March 2021 RM'000 RM'000 RM'000 RM'000
Revenue 59,905 2,983 (4,270) 58,618
Segment results (32,530) (3,841) 33,285 (3,086)
Interest (expense)/income (176) (14) 729 539
Loss before taxation (32,706) (3,855) 34,014 (2,547)
Segment assets 64,752 11,748 (23,205) 53,295
Segment liabilities 76,915 23,653 (79,058) 21,510

Posted by Good123 > 2021-07-27 11:39 | Report Abuse

For the quarter ended 31 March 2021, the Group’s Mobile Solutions and trading segment
registered a revenue of RM13.9 million as compared to RM10.1 million recorded in the
corresponding quarter 2020. The 38% increase for the Mobile Solutions and trading segment
was mainly due to the increase demand from banking customers in Pakistan and United Arab
Emirates. The sales of Cloud Services Solutions recorded a revenue of RM0.2 million as
compared to the corresponding quarter of RM2.5 million. The decrease was mainly due the
pandemic and our clients in food & beverage and consumer industries had made the abrupt
shift to working from home.

Posted by Good123 > 2021-07-27 11:40 | Report Abuse

dah mau untung dah

Review of result for current quarter compared with immediate preceding quarter
Revenue for the current quarter improved by 9% against the immediate preceding quarter. It
was attributed by higher demand for body temperature sensing devices and i3Teamwork
platform.
The Group reported a loss before tax of RM0.9 million as compared to a loss before tax of
RM2.0 million in preceding quarter. The LBT was mainly due to higher direct costs and the
provision of impairment loss on receivables and inventories written-down.

Posted by Good123 > 2021-07-27 11:41 | Report Abuse

The COVID-19 pandemic and the resulting imposition of Movement Control Orders (and
their various different adaptations) have led to an unexpected surge in online services, banking
in particular. This has resulted in an increase in the volume of SMS traffic provided by our
Mobile Solutions Services arm.
The launch of our new messaging portal allows direct connection to all of the most popular
Instant Messaging apps such as WhatsApp, WeChat, Telegram, etc. This emancipates us from
the restrictions of SMS, and opens up a significantly larger user base, that will also benefit
from richer message content.
The government has gradually and progressively eased the restriction and businesses are
allowed to operate under strict Standard Operating Procedures (“SOP”) and this has provided
a temporary uplift of our economy. Our Cloud Solutions segment has seen a significant
increase in revenue in last quarter, as our customers have primarily been in the Retail, Food
& Beverage, and Hospitality industries. However, we have swiftly shifted the focus of our
i3Display devices from push advertising to temperature checking and contact tracing, two
highly sought-after services in this new paradigm.

Posted by Good123 > 2021-07-27 11:41 | Report Abuse

Net assets per share attributable to ordinary equity holders of the parent ($$)
0.2980

Posted by Good123 > 2021-07-27 11:42 | Report Abuse

NTA 0.2980
P/B 0.22
RPS 5.45
PSR 1
Market Cap 58.3M
Shares (mil) 896.19
RSI(14) Neutral 46.9
Stochastic(14) Oversold

Posted by MadCow75 > 2021-07-28 21:42 | Report Abuse

half dead... can stay at this price point already is good...

Posted by Good123 > 2021-07-28 22:09 | Report Abuse

Kesabaran adalah satu berkat. Sabar ya!

Posted by MadCow75 > 2021-07-28 23:57 | Report Abuse

i already sabar so long...

Posted by Good123 > 2021-07-30 10:10 | Report Abuse

Dijangka untuk melaporkan keuntungan bulan Ogos :)

Posted by Good123 > 2021-07-30 13:07 | Report Abuse

Servis mobile dan berkaitan dijangka Akan bertumbuh dengan baik (5G, kerja kat rumah, dll)

KUALA LUMPUR (July 30): Maxis Bhd said today its second-quarter net profit rose to RM360 million from RM342 million a year earlier as the mobile telecommunications network provider’s revenue increased.

In a statement to Bursa Malaysia, Maxis said its revenue increased to RM2.26 billion for the second quarter ended June 30, 2021 (2QFY21) from RM2.15 billion a year earlier.

More to come

Posted by Good123 > 2021-07-31 10:18 | Report Abuse

Peluang keemasan Kini :)

UOB Asset Management chief executive officer Lim Suet Ling, on the other hand, takes on a “balanced approach”.

“For equities, we are adopting a balanced approach by looking at the value/reopening and growth sectors,” Lim says.

“Within the value/reopening sectors, we see opportunities in consumer and financial names. Meanwhile, we view the technology sector as offering an attractive secular growth story,” she shares with StarBizWeek.

Choo is also bullish on the long-term opportunities in the technology sector.

Posted by WMY2188 > 2021-08-01 13:02 | Report Abuse

Follow Good123. TQ

Posted by Glaceau > 2021-08-02 09:38 |

Post removed.Why?

Posted by cumcumshot > 2021-08-02 09:49 | Report Abuse

Mana Si bodoh conman 123 tu? M3 tadi 5c ada beli brp guni? hahaha!!! Bodah kata target price 10c, beli lah manyak2 simpan dalam gudang.
Conman tak otak. buat bising sini.
Skg tu Mark chew akan disiasat mana dapat $$ beli ESOS. Siapa bagi $$. Ini bawah AMLA.

Good luck

Posted by Diehard > 2021-08-02 10:00 | Report Abuse

Itu Good 123 ialah org 21 stock, pergi tengok coment ia. Ini org tipu. Hati2 dia

Posted by whistlebower99 > 2021-08-02 22:11 |

Post removed.Why?

Posted by Good123 > 2021-08-04 10:26 | Report Abuse

Berapa pengarah yang dapat esos & berapa banyak syer esos ?? Pekerja2 pulak, siapa dan berapa banyak syer bagi setiap pekerja ??? Sangat kaya ka pekerja m3????


OTHERS M3 TECHNOLOGIES (ASIA) BERHAD ("M3TECH" OR THE "COMPANY") - EMPLOYEES SHARE OPTION SCHEME ("ESOS")

Amended Announcements
Please refer to the earlier announcement reference number: GA1-01072021-00085

M3 TECHNOLOGIES (ASIA) BERHAD

Type Announcement
Subject OTHERS
Description M3 TECHNOLOGIES (ASIA) BERHAD ("M3TECH" OR THE "COMPANY")
- EMPLOYEES SHARE OPTION SCHEME ("ESOS")
We refer to the ESOS which was approved by the shareholders of M3Tech at the Extraordinary General Meeting held on 25 November 2015.

Pursuant to Rule 9.19 (51) of the Bursa Malaysia Securities Berhad ACE Market Listing Requirements, M3Tech wishes to announce that M3Tech has on 1 July 2021 offered a total of 175,457,781 ESOS options at the option price of RM0.070 to eligible employees and a director of M3Tech in accordance with the By-Laws of the ESOS. The details of the offer of ESOS options are as follows:-

(a)

Date of offer


:

1 July 2021

(b)

Number of options offered


:

175,457,781
(c)

Exercise price of options offered


:

RM0.070

(d)

Closing price of its shares on the date of the offer


:

RM0.075
(e)

Number of options offered to the Company’s Directors under the ESOS


:



(i) Mr. Chew Shin Yong, Mark


41,838,081


(f)

Vesting period of the options offered


:

The options are vested on the offer date

Remark: The Company wishes to clarify that the ESOS were offered to the eligible employees and a director instead of offered to the eligible director only.

This announcement is dated 2 August 2021.

Posted by Good123 > 2021-08-04 10:28 | Report Abuse

Setan ini dah berambus pulak

Notice of Person Ceasing (Section 139 of CA 2016)

M3 TECHNOLOGIES (ASIA) BERHAD
Particulars of Substantial Securities Holder

Name MR VOON SZE LIN
Nationality/Country of incorporation Malaysia
Descriptions (Class) Ordinary Shares
Name of registered holder GV Asia Fund Limited
Date of cessation 02 Aug 2021
No of securities disposed 19,959,600
Circumstances by reason of which a person ceases to be a substantial shareholder Disposal of Shares and ceased to be substantial shareholder
Nature of interest Indirect Interest

Date of notice 03 Aug 2021
Date notice received by Listed Issuer 03 Aug 2021

Posted by Good123 > 2021-08-04 10:29 | Report Abuse

Harga esos 7sen, kini 6sen... traders akan berdagang syer ini ? :)

Posted by Good123 > 2021-08-04 10:37 | Report Abuse

Amboi, 2 Directors mau telan banyak syer esos

OTHERS M3 TECHNOLOGIES (ASIA) BERHAD ("M3TECH" OR THE "COMPANY") - EMPLOYEES SHARE OPTION SCHEME ("ESOS")

Amended Announcements
Please refer to the earlier announcement reference number: GA1-15062021-00065

M3 TECHNOLOGIES (ASIA) BERHAD

Type Announcement
Subject OTHERS
Description M3 TECHNOLOGIES (ASIA) BERHAD ("M3TECH" OR THE "COMPANY")
- EMPLOYEES SHARE OPTION SCHEME ("ESOS")
We refer to the ESOS which was approved by the shareholders of M3Tech at the Extraordinary General Meeting held on 25 November 2015.

Pursuant to Rule 9.19 (51) of the Bursa Malaysia Securities Berhad ACE Market Listing Requirements, M3Tech wishes to announce that M3Tech has on 15 June 2021 offered a total of 231,378,186 ESOS options at the option price of RM0.070 to eligible employees and directors of M3Tech in accordance with the By-Laws of the ESOS. The details of the offer of ESOS options are as follows:-

(a)

Date of offer


:

15 June 2021

(b)

Number of options offered


:

231,378,186
(c)

Exercise price of options offered


:

RM0.070

(d)

Closing price of its shares on the date of the offer


:

RM0.070
(e)

Number of options offered to the Company’s Directors under the ESOS


:



(i) Mr. Chew Shin Yong, Mark


80,982,365

(ii) Ms. Lim Kooi Siang 80,982,365
(f)

Vesting period of the options offered


:

The options are vested on the offer date

Remark: The Company wishes to clarify that the ESOS were offered to the eligible employees and directors instead of offered to the eligible director only.

This announcement is dated 2 August 2021.

Posted by Good123 > 2021-08-04 10:47 | Report Abuse

2 ekor pengarah mau telan banyak syer esos pada 7sen, korang fikir , m3 berpotensi ka? :)

Posted by cumcumshot > 2021-08-04 11:29 | Report Abuse

Bodoh lah.... Target 10c boleh sampai? Lu beli manyak? Skg baru 5.5c, beli lagi lah. Tunggu apa lagi??!!

Posted by cumcumshot > 2021-08-04 11:32 | Report Abuse

Cakap tak pakai otak, jadi penipu di sini. Anak tak ada buntut lor.

Posted by whistlebower99 > 2021-08-04 15:04 |

Post removed.Why?

Posted by Good123 > 2021-08-05 12:04 | Report Abuse

Tak tahu apa game yang mereka sedang merancang. Mau Syer Esos pd 7sen, harga pasaran cuma 6sen kini. Sapu je dalam pasaran terbuka:)

Posted by Good123 > 2021-08-09 10:19 | Report Abuse

Sedang terbang, awal lagi

Posted by Good123 > 2021-08-09 10:20 | Report Abuse

Dijangka akan melaporkan keuntungan bulan ini :)

Posted by Good123 > 2021-08-09 10:31 | Report Abuse

Diramal akan melebihi harga esos bila2 masa

Posted by Good123 > 2021-08-09 10:34 | Report Abuse

Naik baru bererti :) mainan esos

OTHERS M3 TECHNOLOGIES (ASIA) BERHAD ("M3TECH" OR THE "COMPANY") - EMPLOYEES SHARE OPTION SCHEME ("ESOS")

Amended Announcements
Please refer to the earlier announcement reference number: GA1-01072021-00085

M3 TECHNOLOGIES (ASIA) BERHAD

Type Announcement
Subject OTHERS
Description M3 TECHNOLOGIES (ASIA) BERHAD ("M3TECH" OR THE "COMPANY")
- EMPLOYEES SHARE OPTION SCHEME ("ESOS")
We refer to the ESOS which was approved by the shareholders of M3Tech at the Extraordinary General Meeting held on 25 November 2015.

Pursuant to Rule 9.19 (51) of the Bursa Malaysia Securities Berhad ACE Market Listing Requirements, M3Tech wishes to announce that M3Tech has on 1 July 2021 offered a total of 175,457,781 ESOS options at the option price of RM0.070 to eligible employees and a director of M3Tech in accordance with the By-Laws of the ESOS. The details of the offer of ESOS options are as follows:-

(a)

Date of offer


:

1 July 2021

(b)

Number of options offered


:

175,457,781
(c)

Exercise price of options offered


:

RM0.070

(d)

Closing price of its shares on the date of the offer


:

RM0.075
(e)

Number of options offered to the Company’s Directors under the ESOS


:



(i) Mr. Chew Shin Yong, Mark


41,838,081


(f)

Vesting period of the options offered


:

The options are vested on the offer date

Remark: The Company wishes to clarify that the ESOS were offered to the eligible employees and a director instead of offered to the eligible director only.

This announcement is dated 2 August 2021.

Posted by Good123 > 2021-08-09 10:35 | Report Abuse

Siapa bagi duit kepada pengarah untuk membeli esos. Akta amla akan mencegah pencucian duit haram

Berhati2...

Posted by Good123 > 2021-08-09 15:11 | Report Abuse

Nta~30sen. Harga semasa macam harga besi buruk :)

Posted by Good123 > 2021-08-11 11:44 | Report Abuse

Xox hongkong belanja banyak wang untuk memperoleh syer m3 , mau goreng m3 lagi kan?

OTHERS M3 TECHNOLOGIES (ASIA) BERHAD ("M3TECH" OR THE "COMPANY") - EMPLOYEES SHARE OPTION SCHEME ("ESOS")

Amended Announcements
Please refer to the earlier announcement reference number: GA1-01072021-00085

M3 TECHNOLOGIES (ASIA) BERHAD

Type Announcement
Subject OTHERS
Description M3 TECHNOLOGIES (ASIA) BERHAD ("M3TECH" OR THE "COMPANY")
- EMPLOYEES SHARE OPTION SCHEME ("ESOS")
We refer to the ESOS which was approved by the shareholders of M3Tech at the Extraordinary General Meeting held on 25 November 2015.

Pursuant to Rule 9.19 (51) of the Bursa Malaysia Securities Berhad ACE Market Listing Requirements, M3Tech wishes to announce that M3Tech has on 1 July 2021 offered a total of 175,457,781 ESOS options at the option price of RM0.070 to eligible employees and a director of M3Tech in accordance with the By-Laws of the ESOS. The details of the offer of ESOS options are as follows:-

(a)

Date of offer


:

1 July 2021

(b)

Number of options offered


:

175,457,781
(c)

Exercise price of options offered


:

RM0.070

(d)

Closing price of its shares on the date of the offer


:

RM0.075
(e)

Number of options offered to the Company’s Directors under the ESOS


:



(i) Mr. Chew Shin Yong, Mark


41,838,081


(f)

Vesting period of the options offered


:

The options are vested on the offer date

Remark: The Company wishes to clarify that the ESOS were offered to the eligible employees and a director instead of offered to the eligible director only.

This announcement is dated 2 August 2021.

Posted by Batman_Return > 2021-08-11 12:40 | Report Abuse

gud luk. this stock famous making high shadow

Posted by Good123 > 2021-08-11 12:59 | Report Abuse

Sasaran 10sen++ :)

Posted by Good123 > 2021-08-11 13:30 | Report Abuse

100juta syer ++ dah bertukar tangan

Posted by AAAwell > 2021-08-11 14:02 | Report Abuse

It's gonna boom to 15c

Posted by Good123 > 2021-08-11 16:06 | Report Abuse

126juta syer dah didagangkan... kian gila

Posted by Good123 > 2021-08-11 16:07 | Report Abuse

7sen kini, terbang

Posted by Good123 > 2021-08-11 18:42 | Report Abuse

Hari ini sampai 8sen. Tutup 7sen

Posted by freddiehero > 2021-08-11 18:44 | Report Abuse

nice

Posted by Good123 > 2021-08-11 19:01 | Report Abuse

Nta ~30sen, mungkin boleh capai 15sen dengan mudah. Sabar ya!

Posted by Good123 > 2021-08-11 19:03 | Report Abuse

Juga, diramal m3 akan melaporkan keuntungan dalam bulan ini.

Riuh sekampung nanti :)

Posted by cumcumshot > 2021-08-12 03:36 | Report Abuse

Conman is active again. XOX beli daripada Mark Chew punya ESOS shares habis jual? Lebih kurang 120mil leh!
Kalau boleh, 7c dia punya bagi lu. Dia nak ambil balik cost sj. Hahaha. Bodoh ingan 10c, skg lagi cakap 15c target.
Jgn menipu, anak tak ada buntut.

Posted by Good123 > 2021-08-12 09:06 | Report Abuse

Bisnesnya semakin mantap :)

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.

Posted by Good123 > 2021-08-12 11:38 | Report Abuse

XOX dah membeli banyak syer... tentulah mereka akan melakukan sesuatu untuk merangsangkan harga syer m3, sabar ya!!


Name
Details of Changes
View
Date
Type
No. of Shares
Price
MR VOON SZE LIN 02-Aug-2021 Notice of Person Ceasing 19,959,600 0.000 View Detail
XOX (HONG KONG) LIMITED 15-Jul-2021 Acquired 5,000,000 0.000 View Detail
XOX BHD. 15-Jul-2021 Acquired 5,000,000 0.000 View Detail
MR CHEW SHIN YONG, MARK 06-Jul-2021 Notice of Interest 41,383,081 0.000 View Detail
XOX (HONG KONG) LIMITED 05-Jul-2021 Acquired 42,000,000 0.000 View Detail
XOX BHD. 05-Jul-2021 Acquired 42,000,000 0.000 View Detail
XOX (HONG KONG) LIMITED 02-Jul-2021 Notice of Interest 64,500,000 0.000 View Detail
XOX BHD. 02-Jul-2021 Acquired 64,500,000 0.000

Posted by Good123 > 2021-08-12 11:58 | Report Abuse

Lhdn patut audit pengarah ini, sumber wang dari mana? Cuci duit haram untuk pihak tertentu ka? :)

OTHERS M3 TECHNOLOGIES (ASIA) BERHAD ("M3TECH" OR THE "COMPANY") - EMPLOYEES SHARE OPTION SCHEME ("ESOS")

Amended Announcements
Please refer to the earlier announcement reference number: GA1-01072021-00085

M3 TECHNOLOGIES (ASIA) BERHAD

Type Announcement
Subject OTHERS
Description M3 TECHNOLOGIES (ASIA) BERHAD ("M3TECH" OR THE "COMPANY")
- EMPLOYEES SHARE OPTION SCHEME ("ESOS")
We refer to the ESOS which was approved by the shareholders of M3Tech at the Extraordinary General Meeting held on 25 November 2015.

Pursuant to Rule 9.19 (51) of the Bursa Malaysia Securities Berhad ACE Market Listing Requirements, M3Tech wishes to announce that M3Tech has on 1 July 2021 offered a total of 175,457,781 ESOS options at the option price of RM0.070 to eligible employees and a director of M3Tech in accordance with the By-Laws of the ESOS. The details of the offer of ESOS options are as follows:-

(a)

Date of offer


:

1 July 2021

(b)

Number of options offered


:

175,457,781
(c)

Exercise price of options offered


:

RM0.070

(d)

Closing price of its shares on the date of the offer


:

RM0.075
(e)

Number of options offered to the Company’s Directors under the ESOS


:



(i) Mr. Chew Shin Yong, Mark


41,838,081


(f)

Vesting period of the options offered


:

The options are vested on the offer date

Remark: The Company wishes to clarify that the ESOS were offered to the eligible employees and a director instead of offered to the eligible director only.

This announcement is dated 2 August 2021.

Posted by nobitasan > 2021-08-12 18:11 | Report Abuse

Left hand to right hand game again! RIP m3tech.