Finally its coming, The Board of Directors of Systech (“Board”) wishes to announce that the Company had on 28 August 2024 entered into a Heads of Agreement with MDT and LCL for the acquisition of part or all of the equity interest or the business undertakings of MDT Group (“HOA”) (“Proposed Acquisition”).
Systech showing a W pattern has formed, indicating renewed buying interest. While the stock surged yesterday and closed with a large green candle, nearing a breakthrough of the key resistance at RM0.375 Entry – RM0.345 – RM0.365 Stop Loss – RM0.310 Target Price – RM0.375 – RM0.470
MDT Innovations specializes in the research, design, development, and deployment of IoT systems, including RFID inlays, smart devices, modules, and fintech services. This is a great acquisition for Systech
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ThunderZX
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Posted by ThunderZX > 1 week ago | Report Abuse
Result is out, revenue increase by 5.3m & loss of 0.68m compare to 4.2m in Q1