CUSCAPI BHD

KLSE (MYR): CUSCAPI (0051)

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Last Price

0.19

Today's Change

+0.005 (2.70%)

Day's Change

0.185 - 0.19

Trading Volume

749,700


12 people like this.

5,195 comment(s). Last comment by garychee8 2 months ago

Posted by moneymaker99 > 2018-07-24 19:25 | Report Abuse

this is not train, is rocket for today ~~

Hope333

489 posts

Posted by Hope333 > 2018-07-24 19:37 | Report Abuse

become under value after changed management

rsim03

333 posts

Posted by rsim03 > 2018-07-25 00:50 | Report Abuse

dont estimated this counter

Posted by Mr_Chartist > 2018-07-25 09:32 | Report Abuse

Rm0.34 coming .... :)

Bullhunter

1,194 posts

Posted by Bullhunter > 2018-07-25 11:34 | Report Abuse

DON'T UNDERSTAND WHY IT'S MOVING UP AS IT HAS BEEN GENERATING LOSS YEAR AFTER YEAR SINCE 2013 AND NO DIVIDENDS SINCE THEN... SPECULATION???

Yael Jasper

2,178 posts

Posted by Yael Jasper > 2018-07-25 11:38 | Report Abuse

Worth to buy !

Hope333

489 posts

Posted by Hope333 > 2018-07-25 12:34 | Report Abuse

don't just look at past infor, they have some changes in management, look at their background and experience, should

Hope333

489 posts

Posted by Hope333 > 2018-07-25 12:34 | Report Abuse

should be something is going on

Posted by Mr_Chartist > 2018-07-25 12:44 | Report Abuse

hope ,

already moving ...:) just stay tuned

joni

1,259 posts

Posted by joni > 2018-07-25 16:31 | Report Abuse

cus cus going to 0.35

ran777rpt

2,945 posts

Posted by ran777rpt > 2018-07-25 17:39 | Report Abuse

The Board of Directors of Cuscapi Berhad (“Cuscapi” or “the Company”) wishes to announce that the Company had on 25 July 2018 incorporated a new wholly-owned subsidiary, namely CUSCAPI BLOCKCHAIN SDN BHD (Company No. 1288743-M) (“CBSB”) in Malaysia.



As of the date of this announcement, the issued share capital of CBSB is RM100.00 divided into 100 ordinary shares. Subsequent to the incorporation, Cuscapi intended to increase the issued share capital of CBSB to RM3,000,000 for its working capital purpose.



The intended and primary business activity of CBSB is to operate a cryptocurrency exchange in Philippines upon obtaining a license issued by Cagayan Economic Zone Authority (“CEZA”) and other IT related business.



The incorporation of CBSB is not expected to have any material impact on the earnings per share, net assets per share, gearing and share capital and substantial shareholders’ shareholding of the Company for the financial year ending 31 December 2018.



The incorporation of CBSB is not subject to the approval of the shareholders of the Company.



None of the Directors and/or major shareholders of the Company and/or persons connected with Directors and/or major shareholders has any interest, direct or indirect, in the incorporation of CBSB.



Having considered all aspects of the incorporation, the Board of Directors of the Company is of the opinion that the incorporation of CBSB is in the best interest of the Company.



This announcement is dated 25 July 2018.

ran777rpt

2,945 posts

Posted by ran777rpt > 2018-07-25 17:40 | Report Abuse

Blockchain business guys. Easily can break 50cents soon or by this week.

Hope333

489 posts

Posted by Hope333 > 2018-07-25 18:06 | Report Abuse

yeah bingo

ran777rpt

2,945 posts

Posted by ran777rpt > 2018-07-25 20:03 | Report Abuse

Cuscapi sets up unit to operate cryptocurrency exchange in the Philippines

By Supriya Surendran | 2018-07-25 18:44:12
KUALA LUMPUR (July 25): Cuscapi Bhd has set up a wholly-owned subsidiary with the intention to operate a cryptocurrency exchange in the Philippines, upon obtaining a licence from the Cagayan Economic Zone Authority (CEZA).

In a filing with Bursa Malaysia today, Cuscapi said the subsidiary Cuscapi Blockchain Sdn Bhd will also conduct other information technology related businesses.

Cuscapi is primarily involved in the provision of restaurant management solutions. According to its website, its Malaysian clients include prominent food chains such as A

ran777rpt

2,945 posts

Posted by ran777rpt > 2018-07-25 20:04 | Report Abuse

Cuscapi is primarily involved in the provision of restaurant management solutions. According to its website, its Malaysian clients include prominent food chains such as A

ran777rpt

2,945 posts

Posted by ran777rpt > 2018-07-25 20:06 | Report Abuse

Cuscapi is primarily involved in the provision of restaurant management solutions. According to its website, its Malaysian clients include prominent food chains such as A

Posted by limleesl > 2018-07-25 21:01 | Report Abuse

gooooooood!

Posted by Mr_Chartist > 2018-07-25 21:04 | Report Abuse

Ya..TOmorrow will hit my 1st Target RM0.34 ... just enter yesterday then already earn ....yam yam :)

EPS

44 posts

Posted by EPS > 2018-07-26 00:47 | Report Abuse

Easily break 0.345 tomorrow

rsim03

333 posts

Posted by rsim03 > 2018-07-26 01:59 | Report Abuse

Good News Coming

Posted by Mr_Chartist > 2018-07-26 08:21 | Report Abuse

Good Morning guys .
Hope today will hit Rm0.34

JiaWeiP

45 posts

Posted by JiaWeiP > 2018-07-26 08:56 | Report Abuse

Can limit up today?

Rosmah Ali

359 posts

Posted by Rosmah Ali > 2018-07-26 08:58 | Report Abuse

BUY!!! BUY!! BUY!!

JiaWeiP

45 posts

Posted by JiaWeiP > 2018-07-26 09:03 | Report Abuse

Suspended??

Posted by stockholm999 > 2018-07-26 09:04 | Report Abuse

i,cant even purchase. suspended?

Posted by HanzointheShadow > 2018-07-26 09:05 | Report Abuse

News too good until suspended.

Posted by stockholm999 > 2018-07-26 09:06 | Report Abuse

lol i think limit up liao without come out the statistic

Luke91

520 posts

Posted by Luke91 > 2018-07-26 09:08 | Report Abuse

Why can't move

cheektan

136 posts

Posted by cheektan > 2018-07-26 09:11 | Report Abuse

Bad news.

crabken

59 posts

Posted by crabken > 2018-07-26 09:13 | Report Abuse

The Board of Directors of Cuscapi Berhad (“Company”) wishes to announce that the Company and its wholly-owned subsidiary, Cuscapi Malaysia Sdn Bhd (“Cuscapi Malaysia”) had respectively received letters of demand dated 23 July 2018 from Viknesh & Yap, solicitors acting for Hitachi Systems Digital Services (Singapore) Pte Ltd (“Hitachi”).



Hitachi claims that Cuscapi Malaysia had failed, neglected, refused and/or defaulted in making requisite payments pursuant to an agreement for the purchase of Rev Hardware Equipment dated 23 September 2016, and that Hitachi is therefore demanding that Cuscapi Malaysia pays a sum of USD3,600,248.22 and legal cost for the notice, failing which legal proceedings can be instituted against Cuscapi Malaysia.



Hitachi also claims that the Company is liable to pay the sum which is due and payable by Cuscapi Malaysia pursuant to a deed of corporate guarantee dated 26 September 2016, failing which legal proceedings can be instituted against the Company.



The Company and Cuscapi Malaysia are seeking for legal advice in respect of this matter. The Company and Cuscapi Malaysia believe that they have good grounds to defend and contest against Hitachi’s claim.



The Company will make the necessary announcement on material development of this matter in due course.



This announcement is dated 25 July 2018.

Posted by stockholm999 > 2018-07-26 09:15 | Report Abuse

gg , letter of demand

Posted by HanzointheShadow > 2018-07-26 09:16 | Report Abuse

friendly party play game hehe

Hope333

489 posts

Posted by Hope333 > 2018-07-26 09:18 | Report Abuse

so suspended becos of this?

Posted by alvininvest > 2018-07-26 09:33 | Report Abuse

R u all sure is Kena suspend?

Posted by birkincollector > 2018-07-26 09:40 | Report Abuse

first good news then slap with extreme bad news

Hope333

489 posts

Posted by Hope333 > 2018-07-26 09:42 | Report Abuse

start trading at 10am

adi85

353 posts

Posted by adi85 > 2018-07-26 09:44 | Report Abuse

The Company and Cuscapi Malaysia believe that they have good grounds to defend and contest against Hitachi’s claim.

hero666

689 posts

Posted by hero666 > 2018-07-26 09:48 | Report Abuse

follow topglove pattern very soon, gap down for 2 days, but whether can rebound strongly i highly doubt....everyone brace for impact

kelvinfixx

1,246 posts

Posted by kelvinfixx > 2018-07-26 09:48 | Report Abuse

Yesterday news is nothing special. Today news is special.

EPS

44 posts

Posted by EPS > 2018-07-26 09:49 | Report Abuse

Well, take note it's past management mistake if this is true, plus Hitachi big company.

Posted by alvininvest > 2018-07-26 09:49 | Report Abuse

Everybody think it will up or down?

Joshk

224 posts

Posted by Joshk > 2018-07-26 09:50 | Report Abuse

Revenue just a few million, and will kena a big slap if the defense is not successful.

EPS

44 posts

Posted by EPS > 2018-07-26 09:51 | Report Abuse

Definitely down first. Next up or down i dunno.

Posted by birkincollector > 2018-07-26 09:51 | Report Abuse

sure down...sued by multinational company...sure kena

EPS

44 posts

Posted by EPS > 2018-07-26 09:55 | Report Abuse

Brace for Impact ~ Hard times come, oppportunities

Kenny Foo

232 posts

Posted by Kenny Foo > 2018-07-26 09:57 | Report Abuse

selling low good one

Posted by alvininvest > 2018-07-26 09:58 | Report Abuse

Jackma hot any related to cuscapi?

kelvinfixx

1,246 posts

Posted by kelvinfixx > 2018-07-26 10:02 | Report Abuse

Still talking about Jack may?

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