Seems many people looking at this counter....anything good?
Listing Date 02-Jun-2021 New type/class? No Type Conversion of Preference Shares Details Conversion of Irredeemable Convertible Preference Shares No. of shares issued 2,009,800 Issue Price Malaysian Ringgit (MYR) 0.040 Par Value - 0.000 Total NOSH 1,152,171,863
Listing Date 31-May-2021 New type/class? No Type Conversion of Preference Shares Details Conversion of Irredeemable Convertible Preference Shares No. of shares issued 120,000 Issue Price Malaysian Ringgit (MYR) 0.040 Par Value - 0.000 Total NOSH 1,150,162,063
NOVAMSC has been trading with uptrend chart. This stock is having very good support level above 0.15 and i believe this stock will hit above 0.20 in very soon period
May 2021 – novaCITYNETS, a subsidiary of Nova MSC launches FORNAX ePlanCheck as a service on the FORNAX Cloud to enable customer cloud adoption to accelerate the digitalisation process of the architecture, engineering and construction (AEC) industry.
FORNAX™ Cloud is the Software as a Service (SaaS) arm of its FORNAX™ ePlanCheck system. The service will provide the Qualified Persons (QPs) and Building Information Modeling (BIM) managers an avenue to perform automated checks on BIM models to audit for data completeness, modelling quality according to best practices, compare models between iterations and detect critical clashes of vital elements as part of the process required in a typical BIM Executive Plan (BEP), thereby improving data quality in the existing methodologies as well as in emerging technologies such as Digital Twins and 5D BIM Model.
With the launch, we are making it easier for the QPs and BIM managers to discover new powerful applications that will provide them with data-driven insights and eventually drive substantial productivity gain.
BIM is envisaged to be the de-facto in the building and construction industries, and the aim of our FORNAX™ ePlanCheck is dedicated to managing information of BIM and leveraging it to enhance the process in design, regulatory requirements, and construction of building projects as well as operation and maintenance of built assets.
The service that we offer will help to change the industry as the laborious nature of building plan checks could be simplified and what normally takes weeks or even months for completion, would only require mere hours with our FORNAX™ ePlanCheck, giving a tremendous boost in productivity to the industry
The Group’s AI-driven module, FORNAX™, is widely recognized and known for its strength. In Singapore, novaCITYNETS has recently been awarded contracts by Singapore Public Utilities Board (PUB), Jurong Town Council (JTC), Building and Construction Auhority (BCA) and Urban Redevelopment Authority (URA) of Singapore for its cutting-edge solutions FORNAX™ ePlanCheck system.
Aside from Singapore, the Holy Makkah Municipality of Kingdom of Saudi Arabia has also commissioned a project to implement an Automated Regulatory Compliance System (ACRS) that will automate the checking of building plan regulatory compliance submitted to the municipality. The ARCS implementation is also based on Nova MSC’s FORNAX™ ePlanCheck system.
According to the Group, the new launches will target the US, China and Malaysia market at the initial stage. Based on Nova MSC’s research, there are about 1.3 million building permits issued yearly in the United States. The building permits fee constitutes around 0.5 to 1.0% of construction value, of which the plan-check fee comprises 75% of it. In total, Nova MSC estimated that the plan-check fee in the United States to range between USD4.8 billion to USD9.6 billion annually. Meanwhile, in China, the plan-check fee within the city of Shanghai alone is about CNY1.8 billion annually. As for Malaysia, the plan-check fee amounts to RM1.5 billion per year.
This is in line with a third party independent report by Report Ocea, a market research-based in the US, which forecast the BIM in construction market size to grow at a compounded annual growth rate (CAGR) of 15.0% from 2020 to 2027 with the market being dominated in North America.
For more information about FORNAX Cloud, please refer to www.fornaxcloud.com
Notice of Interest Sub. S-hldr (Section 137 of CA 2016) NOVA MSC BERHAD Particulars of Substantial Securities Holder Name MR OOI KENG THYE Nationality/Country of incorporation Malaysia Descriptions (Class) Ordinary shares Name of registered holder Ooi Keng Thye and Nominees Date interest acquired & no of securities acquired Date interest acquired 26 Apr 2021 No of securities 27,397,500 Circumstances by reason of which Securities Holder has interest Acquisition of Ordinary Shares Nature of interest Direct Interest
Total no of securities after change Direct (units) 84,070,200 Direct (%) 7.414 Indirect/deemed interest (units) 0 Indirect/deemed interest (%) 0 Date of notice 27 Apr 2021 Date notice received by Listed Issuer 27 Apr 2021
Introducing MY's First IPO Fund for Sophisticated Investors!
MQ Chat
New Update. Discover investment communities that resonate with your ideas
MQ Trader
M & A Value Partners IPO Equity Fund has been launched - Targeted 13% Return p.a
Latest Videos
0:17
New IPO: Building management systems (BMS), solar thermal systems and energy-saving services provider, Solar District Cooling Bhd aims to list on the Ace Market!
MQ Trader 307 views | 2 d ago
0:17
New IPO: The onshore and offshore support services provider for the O&G industry, Steel Hawk Bhd aims to list on the Ace Market!
MQ Trader 11539 views | 10 d ago
0:17
New IPO: The largest mini-market player and a leading groceries retailer in Malaysia, 99 Speed Mart Retail Holdings Bhd aims to list on the Main Market!
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....
rebornyc
97 posts
Posted by rebornyc > 2021-05-31 18:54 | Report Abuse
I added more at 0.15, if tomorrow red, I will jump from KLCC.