Posted by Good123 > 2020-11-02 18:51 | Report Abuse

Changes in Director's Interest (Section 219 of CA 2016)
NETX HOLDINGS BERHAD

Information Compiled By KLSE

Particulars of Director
Name MR TAN SIK EEK
Descriptions(Class) Ordinary Shares
Details of changes
No
Date of change
No of securities
Type of transaction
Nature of Interest
1
27/10/2020
100,120,000
Others
Direct Interest
Name of registered holder TAN SIK EEK
Description of "Others" Type of Transaction Share Subscription
Consideration (if any) RM0.13

Circumstances by reason of which change has occurred Subscription of shares pursuant to the Company's Rights Issue with Warrants exercise
Nature of interest Direct Interest
Total no of securities after change
Direct (units) 100,160,000
Direct (%) 11.980
Indirect/deemed interest (units) 0
Indirect/deemed interest (%) 0.000
Date of notice 02/11/2020
Date notice received by Listed Issuer 02/11/2020


Remarks :
1. The total percentage of shares subscribed by Mr Tan Sik Eek was 11.977% of the total issued shares capital of the Company.

2. This announcement serves as a notification pursuant to Rule 14.09 of the ACE Market Listing Requirements of Bursa Malaysia Securities Berhad.

Posted by Good123 > 2020-11-02 18:52 | Report Abuse

Notice of Interest Sub. S-hldr (Section 137 of CA 2016)
NETX HOLDINGS BERHAD
Particulars of Substantial Securities Holder
Name MR YONG KET INN
Nationality/Country of incorporation Malaysia
Descriptions (Class) Ordinary Shares
Name of registered holder YONG KET INN
Date interest acquired

Posted by Good123 > 2020-11-02 18:53 | Report Abuse

Notice of Interest Sub. S-hldr (Section 137 of CA 2016)
NETX HOLDINGS BERHAD
Particulars of Substantial Securities Holder
Name MISS CHARISSA LIM ZHU AI
Nationality/Country of incorporation Malaysia
Descriptions (Class) Ordinary Shares
Name of registered holder M

Posted by Good123 > 2020-11-02 18:55 | Report Abuse

tan, Yong

Posted by scenery > 2020-11-02 18:57 | Report Abuse

cant wait for it to go down to 1 ct, hahahaha

Posted by Good123 > 2020-11-02 19:13 | Report Abuse

Notice of Interest Sub. S-hldr (Section 137 of CA 2016)

NETX HOLDINGS BERHAD

Particulars of Substantial Securities Holder

NameMR YONG KET INNNationality/Country of incorporationMalaysiaDescriptions (Class)Ordinary SharesName of registered holderYONG KET INN

Date interest acquired

Posted by Good123 > 2020-11-02 19:13 | Report Abuse

Notice of Interest Sub. S-hldr (Section 137 of CA 2016)

NETX HOLDINGS BERHAD

Particulars of Substantial Securities Holder

NameMISS CHARISSA LIM ZHU AINationality/Country of incorporationMalaysiaDescriptions (Class)Ordinary SharesName of registered holderM

Posted by Good123 > 2020-11-02 19:14 | Report Abuse

3 new substantial Shareholders

Posted by Mikecyc > 2020-11-02 19:21 |

Post removed.Why?

Posted by Mikecyc > 2020-11-02 19:22 | Report Abuse

Tengok .. Credit Suisse buang saham ini .. Fintec pun buang je ..

Posted by Mikecyc > 2020-11-02 19:25 |

Post removed.Why?

Posted by Mikecyc > 2020-11-02 19:26 | Report Abuse

Ini MOU pun habis loh :



NetX wishes to announce that there is no material development pertaining to the Memorandum of Understanding entered into between GEM Live Sdn. Bhd., a wholly-owned subsidiary of the Company and LamboMove Sdn. Bhd. (formerly known as Oriented Media Services Sdn. Bhd.).


This announcement is dated 30 October 2020.

Posted by BabyAce > 2020-11-02 19:27 | Report Abuse

Waaaa all directors and big boss name finally all substantial shareholders

Posted by Mikecyc > 2020-11-02 19:30 | Report Abuse

Ini MOU pun habis loh:


NetX wishes to announce that there is no material development pertaining to the Memorandum of Understanding entered into between NetX Digital Limited, a wholly-owned subsidiary of the Company and Presto Universe Sdn Bhd (formerly known as PUC Ventures Sdn Bhd), a wholly-owned subsidiary of PUC Berhad.


This announcement is dated 30 October 2020.

Posted by Mikecyc > 2020-11-02 19:31 |

Post removed.Why?

Posted by Mikecyc > 2020-11-02 19:33 | Report Abuse

02 Nov 2020 NETX Notice of Person Ceasing (Section 139 of CA 2016) - FINTEC GLOBAL BERHAD


02 Nov 2020 NETX Notice of Person Ceasing (Section 139 of CA 2016) - ASIABIO CAPITAL SDN. BHD.

Posted by BabyAce > 2020-11-02 19:36 | Report Abuse

stockraider boss, what the insider trying to do now? Fintech sudah no longer substantial shareholder due to dilution of the rights issue. All bosses name now appear substantial shareholders. Apa dia mau main oh?

Posted by Sslee > 2020-11-02 20:33 | Report Abuse

Now we know who do not subscribe their entitlement and who actually apply for the excess application 339,520,782. 53.94% beside stockraider.
Stockraider bought 0.5 million OR at 0.5 cents for nothing.

Posted by Mikecyc > 2020-11-02 20:36 |

Post removed.Why?

Posted by Sslee > 2020-11-02 20:47 | Report Abuse

Correction: Must frame up the below in case stockraider forgotten:

U must have confident like General Raider ...No Fear in order to win mah..!!

Like that also cannot meh ?...!!

U need to pakai otak sikit loh...!!

The Key is still RI & excess RI mah....!!

Raider spend Rm 5k on Netx ordinary share at 1 sen & buy out 1m RI entitlement at 0.5 sen costing Rm 5k loh....!!

Raider will take out the Right I entitlement 1.12m plus Excess Rights Of 1.5m share so raider overall cost to take up the rights & excess is Rm 341k mah...!! In order to get 2.62m Netx share plus 1.31m Netx warrant loh...!!

Raider ask u lah...Raider earlier cost of investment of rm 10k is small issue only 2.9% compare raider strategy of taking up the rights issue & applying the excess RI costing Rm 341k loh...!!

Now hope u faham Raider strategy of wallop big big on netx on cheap cheap joining NETX Directors & insiders or not loh ??

Please don talk cock...on the small small Rm 10k...Think big mah & think very big like raider loh...!!

Just ikut Raider strategy sure make monies mah...!!

Remember this mah...!

If netx maintain at 13 sen raider will still make good monies mah...!!

Only if Netx is at 11.5 sen...then Raider just breakeven loh...!!

Only when Netx 11 sen then raider lose monies loh...!!

Posted by Mikecyc > 2020-11-02 20:52 | Report Abuse

NTA (RM) 0.020

Posted by Victor Yong > 2020-11-02 21:57 | Report Abuse

4 Weeks Range: 0.095 - 0.175 :)

Posted by popo92 > 2020-11-02 22:24 | Report Abuse

hahaha good summary from sslee

Posted by Shootup > 2020-11-02 22:26 | Report Abuse

Haha raider lose money tomolo, only can sell at 9.5sen

Posted by Shootup > 2020-11-02 22:27 | Report Abuse

Raider said at 11sen already lose money, u underestimate netx, tomolo 9.5 not 11

Posted by Shootup > 2020-11-02 22:30 | Report Abuse

Calvin, y u got so much time to waste on subscribing ri for limited quantity, y not direct buy at 10, u can save a lot of paper work

Posted by Shootup > 2020-11-02 22:32 | Report Abuse

Good question

BabyAce stockraider boss, what the insider trying to do now? Fintech sudah no longer substantial shareholder due to dilution of the rights issue. All bosses name now appear substantial shareholders. Apa dia mau main oh?
02/11/2020 7:36 PM

Posted by Shootup > 2020-11-02 23:42 | Report Abuse

I look for calvin in naim to explain why dropping so much??????????????????

Pls urge calvin to buy more netx n push up d price


Posted at naim:

Shootup Dear calvin, i hope u dont forget ur fans n supporters in netx, many lost half n half again since 2sen b4 consolidation

Sad to say many cry fathet mother since u strongly recommend to subscribe netx rights issue

Focus one by one, pls move netx back to 2sen, that should be 50sen, but now 10sen, we dont see u recently in netx, pls visit netx n give ur advice, thanks

https://klse.i3investor.com/m/stock/overview/0020.jsp
02/11/2020 11:34 PM

Posted by Victor Yong > 2020-11-03 06:41 | Report Abuse

Executives

NAME/TITLE

Tan Sik Eek "Steve"
Executive Director
Board Members

NAME/COMPANY
TENGKU Ym Ahmad Badli Shah Bin Raja Hussin
Pelaburan Mara Bhd
Tan Sik Eek "Steve"
XOX BHD
Chu Chee Peng
Fintec Global Bhd

Posted by Victor Yong > 2020-11-03 06:48 | Report Abuse

Good to see new substantial shareholders :)

NETX Shareholding Changes

Date of change Shares Director/
Substantial Shareholder
27 Oct 2020 Other
100,120,000 Mr Tan Sik Eek
27 Oct 2020 Acquired
50,120,000 Mr Yong Ket Inn
27 Oct 2020 Acquired
100,120,000 Mr Tan Sik Eek
27 Oct 2020 Other
50,060,000 Mr Tan Sik Eek
27 Oct 2020 Acquired
103,800,000 Miss Charissa Lim Zhu Ai
27 Oct 2020 Other
25,060,000 Mr Yong Ket Inn
27 Oct 2020 Other
50,120,000 Mr Yong Ket Inn
07 Jul 2020 Acquired
1,000,000 Mr Tan Sik Eek
07 Jul 2020 Acquired
1,000,000 Mr Yong Ket Inn
23 Aug 2019 Acquired
19,000,000 Asiabio

Posted by Victor Yong > 2020-11-03 07:16 | Report Abuse

Good income for netx continuously upon completion :)

KUALA LUMPUR (April 29): NetX Holdings Bhd, whose shares were the most actively traded on Bursa Malaysia today, is teaming up with Australian financial services provider Finexia Securities Ltd to introduce, promote and operate a point-to-point currency exchange digital platform that NetX developed, which comes with an in-built e-wallet function, in Australia.

The group's wholly-owned E-FX Sdn Bhd has inked a two-year collaboration agreement with Finexia Securities for the collaboration, according to NetX in a stock exchange filing.

Under the agreement that commences today, Finexia Securities will have the exclusive right to use and operate the E-FX platform in Australia. In return, it will have to generate a minimum revenue of A$4 million (some RM11.32 million) over the next two years, A$1 million in the first year and A$3 million in the second year.

Any profits generated from the spread of forex, remittance, investment and balance floats of the E-FX platform will be split on a 50-50 basis between E-FX and Finexia Securities.

The initial rollout and market testing of the E-FX platform will be carried out in Malaysia and Australia. Towards this end, NetX's partnership with Finexia Securities will allow NetX to penetrate into the Australian markets under the steady hand of Finexia Securities, "who specialises in the equity capital markets and possesses ample experience in dealing with the Australian authorities", NetX said.

"Finexia Securities will be responsible to secure as soon as possible the fintech regulatory sandbox licence from the Australian Securities and Investment Commission for the initial real market testing of the E-FX platform in Australia," NetX added.

The idea behind the platform is to eliminate travellers’ needs to visit the traditional brick-and-mortar currency exchange dealers, and the frustration that usually entails, said NetX executive director Steve Tan.

It is also to take away worries about personal safety from carrying around huge amounts of cash, as well as address the issue of having to deal with small foreign notes that dealers refuse to accept after a vacation abroad. "The last issue was what prompted us to incorporate an e-wallet function into the E-FX platform in the first place," Tan said.

Posted by Victor Yong > 2020-11-03 07:17 | Report Abuse

Traders loss, investors gain buying cheaply from traders for medium or long-term

Posted by Victor Yong > 2020-11-03 07:18 | Report Abuse

Change in Boardroom

NETX HOLDINGS BERHAD

Date of change 02 Nov 2020
Name MR YONG KET INN
Age 63
Gender Male
Nationality Malaysia
Type of change Redesignation
Previous Position Independent Director
New Position Non-Independent Director
Directorate Non Independent and Non Executive

Posted by AlfI3 > 2020-11-03 07:22 | Report Abuse

New shareholders are frm the Fintec grp to change hands from left to right, possible?

Posted by Mikecyc > 2020-11-03 07:40 |

Post removed.Why?

Posted by Mikecyc > 2020-11-03 07:42 |

Post removed.Why?

Posted by Mikecyc > 2020-11-03 07:43 | Report Abuse

50,120,000 Mr Yong Ket Inn
6 %


100,120,000 Mr Tan Sik Eek
11.98 %



103,800,000 Miss Charissa Lim Zhu Ai
12.42 %

Issued Shares = 839,320,000

3 Directors are holding 254,040,000 share , ard 30.40 % ...

Posted by Mikecyc > 2020-11-03 07:46 |

Post removed.Why?

Posted by Mikecyc > 2020-11-03 07:50 | Report Abuse

As said ED Esos shares ex 688 million in 2018 , ie : 13.11 % ..

Posted by Mikecyc > 2020-11-03 07:53 | Report Abuse

Issued Shares = 839,320,000

3 Directors are holding 254,040,000 share , 30.40 % ...

> excess application 339,520,782. 53.94%

>> Float % is high ......

Posted by Good123 > 2020-11-03 07:55 | Report Abuse

good to know tan and Yong, existing directors pumped own money into the company to become new substantial Shareholders,they are insiders knowing the potential of the company better than anyone

Posted by Good123 > 2020-11-03 07:56 | Report Abuse

expecting strong rebound from this price level

Posted by Mikecyc > 2020-11-03 07:57 | Report Abuse

Full RI funds planned utilization :

1.) Of the total proceeds, RM25 million will be used for marketing purposes for its lifestyle mobile applications GemSpot and GemSpot Lite, ..Just a toy without clear direction ..

within 36 months...

2.) RM5 million for development of food and beverage e-commerce platform :
Lacking behind of Grabfood , Foodpanda, Bungkusit, Hometaste, dahmakan , Dietmonsta, Squeeze Me Baby, Petchef , The Naked Lunchbox , Epic Fit Meals.co , Savor of life ....

within 18 months ...

3.) RM8 million for development and integration of a business intelligence and data analytics system : lagging behind of Maxisbusiness...

within 36 months ...

4.) Another RM 25 million will be utilised for the acquisition of investments in other complementary businesses: Shares investment ??? MPEX ???

within 36 months...


5.) RM 17.934 million for its working capital .

within 24 months ...

6.) RM900,000 expenses for the corporate exercise.

Immediate ....

Posted by Mikecyc > 2020-11-03 08:00 |

Post removed.Why?

Posted by Mikecyc > 2020-11-03 08:01 |

Post removed.Why?

Posted by Mikecyc > 2020-11-03 08:05 |

Post removed.Why?

Posted by Good123 > 2020-11-03 08:09 | Report Abuse

majority shares Dah jatuh sebab pn kerajaan pintu belakang Belum gulung tikar

Posted by Good123 > 2020-11-03 08:09 | Report Abuse

sabar je

Posted by Good123 > 2020-11-03 08:10 | Report Abuse

directors juga new substantial Shareholders Akan buat Yang terbaik untuk kebaikan semua

Posted by stockraider > 2020-11-03 08:30 | Report Abuse

VERY SURPRISE POSITIVE BULLISH DEVELOPMENT IN NETX

The current change of Netx major ownership from fintec to executive managements are very bullish loh...!!

It is like "management buyout" mah...!!
U think Management sohai ah? Simply buyout major shareholder fintec meh ?
They are the Insiders ...They Know the Best loh!!

They must be really confident to put so much their own monies in NETX loh!

I think they are very confident with the commercialization Stage of Netx bcos if successful these are Big money making enhancement stage mah..!!

Netx Margin of safety with netx cash of 15 sen v share price of 10 sen lend further big support to their confidence loh..!!

Netx financial position should be very strong & comfortable with net cash of Rm 126m and able to fund all its commercialization projects mah..!!

Raider also feel very confident over long term, despite that Mr Market caused Raider to lose 1 new MYV todate, but going forward Raider investment will be able to make very much more with this positive development mah!

Just Buy Netx at 10 sen now...u will never regret loh...!!