shunfeng2032, what's the joke? Kgroup's subsidiary signed an MoU with RapidCloud Malaysia, which is the reseller for Alicloud in Malaysia. They want to achieve something within this 30days. Alicloud is in the top 10 list of cloud services provider in the world. They want to be a threat to Amazon's Web Services.
The Board of Directors of KAG wishes to announce that its wholly owned subsidiary, DVM Innovate Sdn Bhd (“DISB”) has entered into a Memorandum of Understanding (“MOU”) with RapidCloud (M) Sdn Bhd (“RAPIDCLOUD”) on the 7th of April 2017. The MOU signed expresses intentions of both parties to collaborate together to expand and exploit market potentials within the hosting and e-commerce industry in light of the newly launched Malaysia's Digital Free Trade Zone (“Proposed Collaboration”).
INFORMATION ON RAPID CLOUD (RAPIDCLOUD) RAPIDCLOUD is a company incorporated in Malaysia with its registered address at Suite 10.03, Level 10, The Garden South Tower, Mid Valley City, Lingkaran Syed Putra, 59200 Kuala Lumpur. The director of RAPIDCLOUD is Mr Chew Man Fai. RAPIDCLOUD are a premier enterprise cloud solutions provider in South East Asia, currently hosting in excess of 10,000 SME and Corporate clients, and is one of the established reseller of Alibaba Cloud in Malaysia.
SALIENT TERMS OF MOU 1. DISB and RAPIDCLOUD confirm their mutual interest in a collaboration agreement which will involve but not limited to a joint venture, revenue sharing and equity swap.
2. DISB and RAPIDCLOUD agree that commencement of concrete and finite negotiations on the working relationship of the collaboration be finalized within 30 days of this MOU . 3. DISB brings to the collaboration - Strategy and Leadership - Business network sharing and support - Funding focused opportunities - Business development management
4. RAPIDCLOUD brings to the collaboration - E-stablished client base in their hosting division. - Authorised Alibaba Cloud reseller - Operational management - Technical support team
why so silly go and buy mother share at 9.5 Sen ? instead you should buy OR at 1.5 sen and add 5 sen , you will get 1 mother share and 0.5 WB , total cost is only 6.5 sen.
" A cloud service is any service made available to users on demand via the Internet from a cloud computing provider's servers as opposed to being provided from a company's own on-premises servers."
Alam Maritim Resources Bhd was awarded an RM34.0 mln contract to provide offshore construction subcontract work for a floating production, storage and offloading unit called Perisai Kamelia. The contract includes demobilisation works worth RM34.0 mln with an additional scope for water treatment at provisional sum of RM1.0 mln. Perisai Kamelia is owned by Perisai Petroleum Teknologi Bhd and is now operating in the North Malaysia Basin, offshore Peninsular Malaysia, until 31st May this year under an extended charter to Hess Exploration and Production Malaysia B.V. and Larizz Petroleum Services Sdn Bhd. (The Star Online)
Hold tight...Today is just the beginning of the bigger jump. Once the news is out to everyone tomorrow will be a bigger rush. Today break 8 sen resistant. So the support is at 8 sen. SEll only if break 8 sen. Otherwise HOLD tight tight. The Alibaba connection is what drives the market.
cytew why so silly go and buy mother share at 9.5 Sen ? instead you should buy OR at 1.5 sen and add 5 sen , you will get 1 mother share and 0.5 WB , total cost is only 6.5 sen. =======================================================================
May I know how many market days it is taking to get the mother share?
This morning mother went to a high of 11.5 sen and then retreated back to close the gap. Now it is moving up again after consolidation and clearing of the stale bulls. So it should be moving forward and retest 11.5 sen tomorrow. Very healthy. Buy and sell is all well absorbed.
The strong support at 8 sen means you got a risk of 1 sen only at 9 sen. The uptrend might be more. Maybe if you hold can go to 20 or 30 sen depending on the confirmation of Jackma...the man from china land. He got the midas touch now. 1 sen gamble is worth it. If drop below 8 sen just cut loss. Simple.
Yes!!! Because it is very bullish just because of Jackma. Now IT stocks are all playing Jackma theme. Last time GST theme you see IFCAMSC fly above $1.80 ....all gila... If KGroup can be like IFCAMSC fly because of Jackma?? We will see...hahaha...
Bear in mind rights issue has yet to be completed yet. Mother share may be under pressure upon listing of up to 1.2b new shares unless the deal with RapidCloud can be sealed before then.
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....
Ricky Lim Wei Yan
440 posts
Posted by Ricky Lim Wei Yan > 2017-04-10 12:21 | Report Abuse
Tak ada power