GREEN PACKET BHD

KLSE (MYR): GPACKET (0082)

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Last Price

0.045

Today's Change

0.00 (0.00%)

Day's Change

0.04 - 0.045

Trading Volume

1,220,200


31 people like this.

24,884 comment(s). Last comment by sampooler 1 month ago

david123

158 posts

Posted by david123 > 2020-05-21 14:22 | Report Abuse

it will close @ 1.10 today. Buy Buy Buy

kenie

113 posts

Posted by kenie > 2020-05-21 14:22 | Report Abuse

david123 beh tahan come kam qiu! hehehe

kenie

113 posts

Posted by kenie > 2020-05-21 14:23 | Report Abuse

huntertee also go kam 马琳!

kenie

113 posts

Posted by kenie > 2020-05-21 14:23 | Report Abuse

hehehe

kenie

113 posts

Posted by kenie > 2020-05-21 14:27 | Report Abuse

david123 it will close like your mada 屎蛤

Coolspa

18 posts

Posted by Coolspa > 2020-05-21 14:28 | Report Abuse

try to stay away from this counter..may people get caught with their pants down.

chkhooju

1,706 posts

Posted by chkhooju > 2020-05-21 14:31 | Report Abuse

Exactly!

maximus .

402 posts

Posted by maximus . > 2020-05-21 14:34 | Report Abuse

gp wil only go up when there is no more ppl interested with it....the big shark know the pattern edy. .

kenie

113 posts

Posted by kenie > 2020-05-21 14:38 | Report Abuse

dead counter, conman counter

MingGoon

1,774 posts

Posted by MingGoon > 2020-05-21 16:00 | Report Abuse

@@Victor Yong :online bank is real for gpacket
Green Packet gets ready for digital bank | The Starwww.thestar.com.my › business-news › 2020/05/18 › g...
2 days ago - TWO months after returning to the helm of Green Packet Bhd, technology whiz C.C. Puan laid out his vision for the group – to become a digital ...

Digital banking licence scene heating up | The Starwww.thestar.com.my › business-news › 2020/03/07 › d...
Mar 7, 2020 - Grab, Razer, Axiata, Green Packet and US-based MoneyLion crop up as interested parties.
20/05/2020 9:36 AM

Victor Yong KiplePay to turn Green Packet Profitable by 2021 | Green Packetwww.greenpacket.com › news › sep3019
Sep 30, 2019 - Elsewhere, with the growing interest in virtual banking, coupled with the digital bank licensing framework that is expected to be issued by the ...
20/05/2020 9:37 AM

Victor Yong Malaysia's Telecommunications Firm Packet One Networks to ...www.crowdfundinsider.com › 2020/05 › 161619-mala...
2 days ago - Green Packet has been licensed by the nation's reserve bank, the Bank ... Digital IDs: Tokyo-based Mizuho Bank to Test Online Customer ...
20/05/2020 9:37 AM

Victor Yong The Latest News for E-Wallets in Malaysia - Fintech News ...fintechnews.my › e-wallets-malaysia
Bank Islam and KiplePay, a wholly-owned subsidiary of Green Packet announced this week that they have teamed up to launch KipleUNI, a programme to drive ...
20/05/2020 9:40 AM

Victor Yong Johor State Government May Soon Establish Its Own Digital ...ringgitplus.com › blog › bank-news › johor-state-gover...
Apr 17, 2020 - In 2014, 52% of the Southeast Asian population used online banking ... to five digital banking licences to qualified applicants to establish digital banks. ... Green Packet Bhd subsidiary, KiplePay Sdn Bhd, and Bank Islam have ...
20/05/2020 9:40 AM

Victor Yong last time, poon made a disposal to TM, made a lot for GP, probably another disposal to conventional bank e.g bank islam soon :)
20/05/2020 9:42 AM

Hello Victor Yong : I am the same opinion as you are.

MingGoon

1,774 posts

Posted by MingGoon > 2020-05-21 16:06 | Report Abuse

Victor Yong substantial shareholder, not selling :)
KENDALL COURT MADAM LIMITED 19-Feb-2020 Acquired 35,000,000 0.000 View Detail
SUMMIT SYNERGY LIMITED 19-Feb-2020 Acquired 35,000,000 0.000 View Detail
KENDALL COURT MADAM LIMITED 27-Sep-2019 Notice of Interest 65,000,000 0.000 View Detail
SUMMIT SYNERGY LIMITED 27-Sep-2019 Notice of Interest 65,000,000 0.000 View Detail
20/05/2020 9:51 AM


Victor Yong still holding it :)
[GPACKET] Change In Substantial Shareholder's Shareholding - KENDALL COURT MADAM LIMITED on 21-Feb-2020
Stock [GPACKET]: GREEN PACKET BHD
Announcement Date 21-Feb-2020
Substantial Shareholder's Particular:
Name KENDALL COURT MADAM LIMITED
Details of Changes:
Currency -
Date of Change Type Number of Shares
19-Feb-2020 Acquired 35,000,000
Registered Name GRANDSTEAD SDN BHD PLEDGED SECURITIES ACCOUNT FOR SUMMIT SYNERGY LIMITED
Nature of Interest Indirect Interest
Nature of Interest Indirect Interest
Shares ORDINARY SHARES
Reason ACQUISITION OF SHARES VIA DIRECT BUSINESS TRANSACTION
Total no of securities after change
Direct (units) 0
Direct (%) 0.00
Indirect (units) 100,000,000
Indirect (%) 10.80
Total (units) 100,000,000
Total (%) 10.80
Date of Notice 21-Feb-2020
20/05/2020 10:38 AM

MingGoon

1,774 posts

Posted by MingGoon > 2020-05-21 16:06 | Report Abuse

Victor Yong could be something exciting out this matter soon :)
Green Packet: Gets RM24m settlement deal in dispute with MYTV over RM272m decoder box contract. Green Packet has inked a settlement agreement with MYTV in relation to a contract to supply up to 3.6m set-top boxes (STB) to MYTV for RM272m. Under the agreement, Green Packet said it will supply STBs to MYTV for RM24.39m. It is unclear whether the settlement deal is for the 200,000 STB units that have been delivered to MYTV or for new ones, as the announcement today did not specify the number of STBs to be delivered under the deal. (The Edge)
20/05/2020 10:40 AM

MingGoon

1,774 posts

Posted by MingGoon > 2020-05-21 16:07 | Report Abuse

Victor Yong PETALING JAYA: Singapore-based private equity firm Kendall Court has bought another 35 million shares in the international telecommunications and technology firm, GREEN PACKET BHD, raising its stake to over 10%. On Friday, stock filings showed that Kendall Court paid around 85 cents apiece of Green Packet stock in an off-market transaction.
This came after Kendall Court had acquired 65 million shares or 7.19% in Green Packet in September last year. Following the latest purchase, this would bump up Kendall Court’s stake to 10.8%, making it the second largest shareholder after founder and group managing director, Puan Chan Cheong (29%).

In September, following its 7.19% equity purchase of Green Packet, Kendall Court had then said it was impressed by Green Packet’s progress particularly in its fintech business with the ability to leverage on its e-wallet, payment gateway and wallet-as-a-service capabilities.

The PE firm also noted that Green Packet was on the right trajectory to ready itself for digital bank opportunities, for which Malaysia has plans to soon issue five licenses for

Since then, it has emerged that Green Packet’s wholly owned unit Kiplepay Sdn Bhd has emerged as the first fintech player in Malaysia to provide a white-labelled e-wallet solution with Bank Negara’s approval.

This business segment is growing fast and is likely to be a source of significant recurrent revenue for the group.Kiplepay now powers one of the largest e-wallet efforts in the country called Setel, which is introduced by Petronas Dagangan Bhd as the first petrol e-payment solution in Malaysia, available in more than 700 Petronas stations.

It has been reported that more organizations with large user bases are anticipated to want to have their own personalized e-wallet, integrated with a spectrum of functionalities like loyalty programmes, mobile payments and discounts.

Green Packet has also hinted that they will be enabling more white labelled services soon, including one that incorporates artificial intelligence, and facial recognition, in a collaboration with another oil and gas company that operates more than 100 petrol stations in Malaysia.

Just last Monday, Kiplepay and Bank Islam Malaysia Bhd launched the KipleUNl programme, providing electronic wallet services to the needs of students, universities and merchants at education hubs, campuses and university towns.
20/05/2020 10:48 AM

MingGoon

1,774 posts

Posted by MingGoon > 2020-05-21 16:08 | Report Abuse

Victor Yong tencent is famous for wechat too... potential too for gpacket

Green Packet in tie-up with Tencent to provide e-KYC
TECHNOLOGY
Thursday, 14 May 2020


Green Packet's unit KiplePay Sdn Bhd will leverage on Tencent Cloud’s facial recognition and machine learning capabilities to build a localised e-KYC solution through KipleID e-KYC.

PETALING JAYA: GREEN PACKET BHD and China’s Tencent Holdings Ltd have inked an agreement to leverage on Tencent Cloud to provide KipleID e-KYC (electronic know your customer) as a service to businesses in Malaysia, particularly banking and financial institutions.

KiplePay Sdn Bhd, a wholly-owned subsidiary of Green Packet will leverage on Tencent Cloud’s facial recognition and machine learning capabilities to build a localised e-KYC solution through KipleID e-KYC

Tencent Cloud is the cloud computing arm of Tencent Holdings Ltd, which is a leading provider of Internet value-added services in China. It is listed on the main board of the Hong Kong Stock Exchange and commands a massive market capitalisation of more than HK$4.1 trillion or US$530bil, not far below from that of Facebook (US$598bil).

Tencent Holdings owns communication and social platforms QQ, Mobile QQ, Weixin and WeChat, among other smart industry solutions, technologies and fintech services.

For the financial year ended Dec 31,2019, Tencent registered a revenue of US$54bil and a net profit of US$13bil. By using e-KYC in financial institutions, consumers will no longer need to walk into a bank branch to set up a savings or current account.

Apart from that, leading research has shown that adopting e-KYC can improve business operation efficiency by 30% to 65%.

This includes protecting businesses from identity fraud, which remains a growing concern among the business community.

Another highlight of KipleID e-KYC is the Tencent-patented “single-flash” liveness detection solution, which integrates reflection-based and motion-based detection technologies. Compared with traditional motion-based and digital-voice-based liveness detections, the “single-flash” detection ensures a better user experience and a more outstanding security performance with its motion interaction feature, increased randomness of the algorithm, and upgraded backend.

According to Green Packet group managing director and CEO CC Puan, the introduction of the KipleID e-KYC solution comes at a timely manner, given the Covid-19 pandemic.

“The pandemic has showcased the value of digital transformation.

“This has become a wake-up call for organisations and industries that are overly reliant on traditional operations to quickly embrace digital transformation as we foresee that there will be a definite shift in consumers’ behaviours once the movement control order is lifted, ” he said in a press release yesterday.

Besides the banking and financial ecosystem, KipleID e-KYC will also add great value to the business community in sectors like education, insurance, retail, and telecommunications. As fintech innovation continues to gain global traction, Malaysians are getting more digital savvy and have higher expectations on every touchpoint of a business.

Green Packet is in talks with several leading companies who will pilot KipleID e-KYC.

Tencent’s International Business Group vice-president Poshu Yeung said: “We are committed to exploring and opening up new ways for people and businesses to operate more efficiently and effectively in the growing digital economy.

“Today, Green Packet is taking its digital innovation further, leveraging on Tencent Cloud’s technology to better connect people and ensure continued business success.

“We look forward to deepening our collaboration with Green Packet to further help local businesses on their digital transformation journey.”
20/05/2020 10:58 AM

MingGoon

1,774 posts

Posted by MingGoon > 2020-05-21 16:08 | Report Abuse

Victor Yong this one also can make money for gpacket, bukan? :)

KUALA LUMPUR (May 8): Shares in Green Packet Bhd spiked 8% to 81 sen in early trade today following the launch of its KipleLive proptech application yesterday.

At 10.18am, the telco stock was also the fifth most active counter on Bursa Malaysia, with 31.93 million shares traded. This valued the company at RM758.13 million.

Green Packet's warrants also rose four sen or 10.96% to 40.5 sen with 50.1 million units exchanging hands. This placed the securities among Bursa's top three most actives.

Like some tech firms, the telecommunications, media and technology company has gained 17.39% in value year to date despite the unfavourable market environment mainly due to the Covid-19 pandemic.

The stock peaked to 92 sen on Feb 21, before gradually declining to a low of 42 sen on March 23, five days after the movement control order was enforced. This means Green Packet has pared most of its losses since then, having nearly doubled its share price in less than two months.

In a statement yesterday, the firm said KipleLive integrates AI facial recognition, cloud hosted services, FR thermal scanner, visitor management system, and cashless smart parking solutions.

"Leveraging on cutting-edge surveillance systems, the KipleLive FR thermal makes temperature monitoring and identification of people more efficient, even with the face masks on," said its group managing director and chief executive officer CC Puan.

The facial recognition feature also enables employee attendance to be recorded instantly and manages the visitors’ entry-and-exit procedures by eliminating the need to fill paper forms.

Green Packet has also recently undertaken the “Warong Digital e-Baazar Ramadan” programme in collaboration with the Coalition of Malay Small Traders Association, which leverages the KiplePay e-wallet that allows cashless transactions.

"With the expected shifts in consumer behaviours, this will speed up the adoption of cashless payment. For instance, diners will opt to reduce any form of physical interaction and engage using e-wallet for self-collection, take away or delivery. This eventually eliminates the cash transactions and on-premises waiting time," said Puan.

Also read: Green Packet launches KipleLive proptech product to help offices address Covid-19 challenges
20/05/2020 11:01 AM

MingGoon

1,774 posts

Posted by MingGoon > 2020-05-21 16:08 | Report Abuse

Victor Yong MCO will end, i think product will sell well :)


the firm said KipleLive integrates AI facial recognition, cloud hosted services, FR thermal scanner, visitor management system, and cashless smart parking solutions.

"Leveraging on cutting-edge surveillance systems, the KipleLive FR thermal makes temperature monitoring and identification of people more efficient, even with the face masks on," said its group managing director and chief executive officer CC Puan.

The facial recognition feature also enables employee attendance to be recorded instantly and manages the visitors’ entry-and-exit procedures by eliminating the need to fill paper forms.
20/05/2020 11:03 AM

MingGoon

1,774 posts

Posted by MingGoon > 2020-05-21 16:09 | Report Abuse

Victor Yong TRUST KENDALL OK :)

Kendall - OUR TEAM
director
YEO KAR PENG

CHAIRMAN & MANAGING PARTNER
Prior to establishing Kendall Court in 2004, Kar Peng was a Managing Director at Citigroup Global Markets. She was responsible in the setting up and building of Citigroup's franchise in Malaysia. She was the key coverage banker in charge of Citigroup’s deal origination and execution with special focus in cross-border mergers and acquisitions and debt capital market transactions. Prior to Citigroup, Kar Peng was with UBS and led a team of 8 analysts in charge of Malaysian equity research. She was a #1-ranked analyst in 1997 by an Asia Money Poll with the UBS Malaysia team ranking third. Prior to UBS, she was Head of Research at WI CARR and was ranked as one of the top three analysts in Malaysia for several years by Asia Money and Euro Money polls. Early in her career, Kar Peng also spent time as an auditor at the precursor of Ernst & Young in Malaysia. Kar Peng holds a Bachelor of Economics from Monash University, majoring in Accounting and Finance and is also an associate member of the Australian Society of Accountants.

director
CHRIS CHIA

MANAGING PARTNER
Prior to establishing Kendall Court in 2004, Chris was a Vice President at Citigroup Global Markets based in Singapore. At Citigroup, Chris had coverage responsibility for Southeast Asia, with a focus on Singapore, Malaysia and Financial Sponsors/Private Equity Funds. Prior to Citigroup, Chris was a member of the investment banking department at Goldman Sachs based in Singapore and participated extensively in all phases of the origination, management and execution of M&A transactions. Chris started his professional career working for Arthur Andersen in Malaysia in 1994 and was a Business Consultant. Chris holds a Bachelor of Commerce (Hons) and a Master of Accounting from the University of Western Australia. He also holds a Master of Business Administration from the MIT Sloan School of Management and a Master of Liberal Arts from Harvard University.

director
DENNIS WUISAN

PARTNER
Prior to establishing Kendall Court in 2004, Dennis was a Principal and Founder of Synergy Capital Partners, an Indonesia based financial advisory firm. Prior to Synergy, Dennis was a member of the investment banking department at Goldman Sachs based in Singapore and worked on buy/sell-side assignments, as well as public market offerings in Southeast Asia and Greater China. Starting in 1996, Dennis worked at Bahana Securities in Indonesia and participated extensively in handling domestic private and public sector issuance of equity and debt securities. Dennis holds a Bachelor of Arts from the University of California at Berkeley, majoring in Physics.

director
ANDI GUNAWAN

PARTNER
Andi started his finance career in 1995 at the investment banking division of Bank Internasional Indonesia, a local private bank. Subsequently he became a Vice President at Holdiko Perkasa, a holding company set up by the Indonesian Bank Restructuring Agency to divest assets surrendered by the Salim Group due to obligations stemming from the 1998 Indonesian financial crisis. Post Holdiko, Andi co-set up Penta Capital Partners to provide financial advisory work for Indonesian corporates. Andi graduated from Diponegoro University in Indonesia with a Bachelor in Management and has an MBA from the University of Illinois at Urbana-Champaign.

GPACKET] Change In Substantial Shareholder's Shareholding - KENDALL COURT MADAM LIMITED on 21-Feb-2020
Stock [GPACKET]: GREEN PACKET BHD
Announcement Date 21-Feb-2020
Substantial Shareholder's Particular:
Name KENDALL COURT MADAM LIMITED
Details of Changes:
Currency -
Date of Change Type Number of Shares
19-Feb-2020 Acquired 35,000,000
Registered Name GRANDSTEAD SDN BHD PLEDGED SECURITIES ACCOUNT FOR SUMMIT SYNERGY LIMITED
Nature of Interest Indirect Interest
Nature of Interest Indirect Interest
Shares ORDINARY SHARES
Reason ACQUISITION OF SHARES VIA DIRECT BUSINESS TRANSACTION
Total no of securities after change
Direct (units) 0
Direct (%) 0.00
Indirect (units) 100,000,000
Indirect (%) 10.80
Total (units) 100,000,000
Total (%) 10.80
Date of Notice 21-Feb-2020
20/05/2020 11:52 AM

MingGoon

1,774 posts

Posted by MingGoon > 2020-05-21 16:10 | Report Abuse

Victor Yong Kendall Court started in 2004. The 3 founding partners were the only employees of the firm. At the end of 2017, we have deployed, invested and managed over US$500 million across Southeast Asia. We started with assets under management of US$35 million. We have a presence in Indonesia, Singapore, Philippines and Malaysia. We have won several key industry and regional awards for our investments, operations and performance.

Kendall Court focuses its activities in the private equity space. We are a long-term investor and our capital is privately sourced. Our existing funds and managed accounts focus on investing in hybrid securities ranging from straight debt, convertible bonds, preference shares and straight equity. We are a growth capital provider, first and foremost. In line with our drive, our ultimate and primary purpose in investing is to contribute to the development and betterment of society, within our circle of influence. We care a lot about risk adjusted returns and recognize that the best investing structure is to attain equity returns with debt like risk. We will actively assist our investees but the fundamental premise is work alongside good solid management be it sponsors or employees and grow together.

We believe that capital, when employed wisely through business, plays an instrumental role (if not the most instrumental in certain cases) in developing people, markets and economies. A rising tide lifts all boats, and the tide is raised by capital. Our capital has to be sustainable, however. And that means that we will always still be engaged in the profit motive because Kendall Court and our investors need to be sustained through our profits. To sum up, we borrow a line from Paul Krugman, the 2008 Nobel laureate in Economics, who states, "You could say – and I would – that globalization, driven not by human goodness but by the profit motive, has done far more good for far more people than all the foreign aid and soft loans ever provided by well-intentioned governments and international agencies.”

Our goal is to become a premier investment partnership. To achieve that goal, we need to consistently deliver superior risk adjusted returns to our investors in a sustainable way. We seek to make money responsibly. How do we achieve our goal?

We achieve our goal through sustainable investing. We create sustainability through focusing on 3 pillars. The first is human capital. The second is our disciplined focus on bottoms-up fundamental analysis. The third is our holistic achievement of all our stakeholders’ needs. By constantly striving to elevate the quality of our pillars, sustainability is created.

Why do we do what we do?

We started with a basic purpose of maximizing wealth, both for our investors and ourselves. However, as the journey continues, we find ourselves also connecting to a higher purpose – a higher purpose that resonates with our own personal values.

This higher purpose has to do with service. It is the realization that even in business, we need service to be the primary driver of our actions. Our higher purpose, therefore, is about using our significant investment platform to service the people, markets and economies in our targeted geographies. Our higher purpose, which becomes the ultimate purpose of Kendall Court, is to provide some element of development and betterment in the lives of the people whom our capital would have touched.

Our drive is best summarized in the vision statement of Kendall Court, as follows:

“To uplift the human conscience through business by becoming the premier investment partnership focused on achieving superior risk adjusted returns and investing its capital to develop people, markets and economies in accordance with the highest standards of ethical accountability.”
20/05/2020 12:03 PM

MingGoon

1,774 posts

Posted by MingGoon > 2020-05-21 16:10 | Report Abuse

/05/2020 12:03 PM

Victor Yong KENDALL COURT :)

To us, sustainable investing is achieved when we constantly strive to elevate the quality of the 3 primary pillars of our operations.

The first pillar is our human capital. Gary Becker, who won the 1992 Nobel prize in Economics and who is one of the world’s foremost experts on human capital, states that 75% of the value of a modern economy lies in its human capital. In our day to day activities, we cannot help but realize how true this precept is. Especially for an asset light and knowledge-based services company like Kendall Court, human capital is the most fundamental aspect of our platform.

The second pillar is our disciplined focus on bottoms-up fundamental analysis. We are not short term traders. As a long-term investor and a micro investor, our primary task is to understand our investees and their sector dynamics from the ground up. This is the only way for us to gain sufficient insight into the risks and opportunities offered by our long-term investments. Our success is directly proportional to the amount of effort we spent building on our knowledge and intuition. There are no shortcuts.

The third pillar is our holistic achievement of all our stakeholders’ needs. Our business cannot truly be called sustainable until we truly understand what each of our stakeholder needs. Our stakeholders start internally with ourselves (yes, our own individual needs), our investors and our employees, and subsequently radiate outwards touching on everyone our business comes into contact with. This obviously includes our investees, service providers, intermediaries and indirectly the stakeholders of our stakeholders.

When we begin to map our stakeholders’ needs, it becomes virtually impossible to ignore the environmental, social and governance (ESG) aspect of investing. For the reality of living in the 21st century, with its myriad of environmental, social and governance problems, requires that business be conducted in a way that stops the propagation of those problems. Our society demands it. Our stakeholders demand it. But most importantly, our personal ethics demand it.

We have witnessed first-hand the effectiveness of adopting a strong ESG mindset in business. Adopting the mindset is like switching on a light bulb. Once switched on, it immediately illuminates all the problem areas in a company’s operation. All companies have problems, big or small. Their causes vary. Having an ESG mindset is very effective in identifying problems which are created either out of lack of long-term care, convenience or a wasteful mentality due to false assumptions of abundance. When implemented genuinely, an ESG mindset is a very effective tool for:

• reducing waste and hence costs;
• spurring creativity, thinking in-the-round and out of the box, leading to potential new revenue sources;
• creating a more meaningful re-engagement with suppliers and customers based on their needs, thereby materializing potential P&L benefits;
• creating a more inspired workforce and a stronger human capital;
• recalibrating risk based on a proper and honest assessment of business risk mitigation; and
• increasing the value of the overall business from the implementation of all of the above.

Kendall Court has taken active steps to promote sustainable investing through active ESG promotion. We have streamlined all our operating protocols to include an ESG awareness; developed ESG toolkits to be used for screening and monitoring investments; trained the people in our organization, as well as our investees and service providers on acquiring an ESG mindset through workshops conducted by recognized regional ESG experts; trained our investment team in ESG risks and opportunities specific to the coal and gold mining, palm plantations and oil and gas sectors; trained our human capital in conscious business, that is conducting business by promoting the intelligent pursuit of happiness in all its stakeholders and expressing our essential values through our work – all in our efforts to reap the full benefits of sustainable investing.

In conclusion, we are firm believers that incorporating sound ESG principles across our investment platform is the only way to go. In more ways than one, we are a genuine capital partner to businesses who are willing to better its ESG framework. With just a little extra effort, it is in plain sight for all to see that ignoring ESG principles can be very detrimental to a business. Managers can be blindsided by unexpected business and brand failures such as tainted products, worker suicides or severe regulatory fines for environmentally damaging business practices. On the other hand, managers who have made genuine efforts to care and raise their ESG-conscious practices are much more equipped to mitigate risks and seize on new opportunities. Kendall Court works to assess, monitor and execute improvements to our own ESG footprint, as well as our investees’.
20/05/2020 12:04 PM

MingGoon

1,774 posts

Posted by MingGoon > 2020-05-21 16:10 | Report Abuse

tor Yong KENDALL COURT :p

First and foremost, we are a provider of growth capital. Through growth, we intend our capital to achieve some measure of development and betterment of society in our target markets.

We invest using hybrid private instruments to invest directly into public or private companies. Our capital either (i) ranks junior to senior debt and ranks senior to common equity, or (ii) takes elements of debt (can be senior) and equity components in its issuance. We remain active in the businesses we invest into and ensure that our structuring takes into account the interests of both investors and investees - offering the most optimal risk-reward structure in what we invest into.

Our investment parameters are listed below. We invest in the middle market in Southeast Asia. We generally tend to stay away from auctioned deals where we have little pricing leverage. We employ a partnership based approach, so we will never do hostile deals. Our most important qualitative parameter is the creditworthiness and integrity of the management and controlling shareholders – we have a very low threshold and tolerance level for this principle.

We will be doubly enthusiastic with companies placing a premium on human capital development and quadruply repelled vice versa.

We look to assist our companies in raising their awareness on environment, social and governance matters, thereby increasing the valuation of our investments and mitigating our risks at the same time.

tools
INVESTMENT PARAMETERS
Minimum investment size: US$7.5 mm
Investee Size < US$15 mm
Currency: US$
Stage preference: Growth
Preferred duration: 3 – 5 years
Typical instruments: Convertible debt, preferred equity
Governance requirement: CDC Investment Code or similar
20/05/2020 12:06 PM

MingGoon

1,774 posts

Posted by MingGoon > 2020-05-21 16:11 | Report Abuse

Victor Yong ada kendall court punya orang sebagai penasihat, dll. :)


Kendall Court works to assess, monitor and execute improvements to our own ESG footprint, as well as our investees’. A willingness to strive towards ESG improvements is a prerequisite for investees to receive our capital, and Kendall Court will come in as a value added partner to enhance this core aspect.
20/05/2020 12:08 PM

MingGoon

1,774 posts

Posted by MingGoon > 2020-05-21 16:12 | Report Abuse

Victor Yong after lunch, surge bukan tumble macam yesterday, kan? :)


China eyeing Malaysian companies to expand 5G tech
Author: savemalaysia | Publish date: Tue, 19 May 2020, 11:46 AM

KUALA LUMPUR: A giant telecommunications group from China is betting on Malaysia to expand its fifth generation (5G) technology and is eyeing several companies here to help build the network.

Sources said the Chinese group was investing billions of ringgit on 5G technology this year, despite the Covid-19 pandemic.

"They are seeking partners with 5G capabilities and have targeted a few companies here. They hope to start talks post-movement control order," said a source.

It is understood that the group was looking at Green Packet Bhd and XOX Bhd, which are 5G-ready.

Green Packet's shares rose to a new multiple-year high yesterday, gaining as much as 23 sen or 19.01 per cent to RM1.41- a level last seen in 2010.

XOX, which has about RM35 million cash on hand, currently offers the most competitive and innovative 4G data plan, and is focusing to build 5G infrastructure in the region.

The company's shares surged 11.11 per cent amid active trading on Friday to close at five sen, giving it a market capitalisation of RM54.62 million.

The counter increased one sen with 154 million shares traded.

Early this year, XOX partnered with Advance Tech Communication Sdn Bhd (ATC) to launch 4G and 5G smartphones, with additional satellite communication capabilities termed XPLORE.

XOX will be the first telco to market and distribute the products to its users across Southeast Asia.

Its executive director Steve Tan has said that the company aimed to provide a unified network plan by integrating XOX's prepaid plans and messaging platform with ATC's extensive satellite emergency services.

"XOX is a good target for investors. XOX is ranked fifth in the telecom sector and is the number one MVNO company in Malaysia with current customer base reaching almost three million, including prepaid and post paid mobile phone users.

"The stock is relatively very cheap. It is currently the cheapest telecom stock on the local bourse and has potential upside," the source said.

Last month, XOX inked an agreement with DGB Asia Bhd to collaborate in the deployment of up to 1,000 next generation AI vending machines.

This move is in line with XOX's strategy to focus on different silos of its business to build up its revenue streams.

An analyst who spoke on condition of anonymity said telecom stocks were expected to rally as the sector was making handsome profits amid the Covid-19 pandemic.

"Valuations of telecom stocks are becoming attractive again and the sector is expected to grow at an accelerated rate with the current shifts happening in digital landscapes such as 5G, the Internet of Things and artificial intelligence.

"If you look at Maxis, Celcom and DiGi, the stocks are all up. We can expect a new high in telecom stocks this year," he said.



https://www.nst.com.my/business/2020/05/593721/china-eyeing-malaysian-...
20/05/2020 12:30 PM

MingGoon

1,774 posts

Posted by MingGoon > 2020-05-21 16:13 | Report Abuse

Bullacent i agreed to Victor that it could be a investor who accumulated the warrant at a discounted price to acquire the share and become substantial later. This could be subsidiary of tencent. Look at
tencent business in China , it won't promote very hard on a foreign game enter into china, unless it has substantial ownership in that game, in additional to commission it get from that game. In gpacket case, tencent would request a substantial shares in gpacket if it want to use it's e kyc services or his digital bank expertise. I bet puan also agreed to it.
20/05/2020 9:30 PM

@Bullacent : I also the same opinion as you are

MingGoon

1,774 posts

Posted by MingGoon > 2020-05-21 16:15 | Report Abuse

All, I have reposted all the good informative information given by Victor Yong.
Victor, thank so much for your effort in providing us this information.

I have added more Gpacket at 0.975.
Cheers, we gonna see Gpacket at RM2 very soon...

Tencent the big giant from China is Gpacket partner...
Think about that !!

investorbat

1,321 posts

Posted by investorbat > 2020-05-21 16:20 | Report Abuse

Warrant starts to normalize,premium negative 20++ now.if mother going north,son will follow very fast

ccharliie

48 posts

Posted by ccharliie > 2020-05-21 16:21 | Report Abuse

Too many selling koyok on this !

Green Packet said the settlement agreement will not impact its financials for the year ending Dec 31, 2020 (FY20).
Yes, that statement already known to the big boys which had been priced in already. There's nothing new to look for. So trade with care. as big boys are slowly selling so as not to kill their golden goose.

Tencent is a huge company and had other important matters to handle elsewhere.
My 2 sen worth

Coolspa

18 posts

Posted by Coolspa > 2020-05-21 16:33 | Report Abuse

They are trying to con us to buy the mother so they can limit it down again...if really need to buy.
Better bet to buy the son as it is so much cheaper..

晓雨霖

1,680 posts

Posted by 晓雨霖 > 2020-05-21 17:02 | Report Abuse

Gpacket company got trouble

KK

1,368 posts

Posted by KK > 2020-05-21 17:06 | Report Abuse

What trouble ? Please enlighten us...

KK

1,368 posts

Posted by KK > 2020-05-21 17:08 | Report Abuse

My gut feeling tell that this round they will push on warrant & mother price maintain around @ Rm 1.00

晓雨霖

1,680 posts

Posted by 晓雨霖 > 2020-05-21 17:12 | Report Abuse

i better keeps my hard earn money switch to iol&gas or related covid 19 counter

Posted by Simonalibaba > 2020-05-21 17:14 | Report Abuse

Google to read about the Greater Fools theory before we dable in stock market

晓雨霖

1,680 posts

Posted by 晓雨霖 > 2020-05-21 17:15 | Report Abuse

only insider will know and wont tell anyone in fact the problem reflected on share price

i wont let my hard earning money become toilet paper

晓雨霖

1,680 posts

Posted by 晓雨霖 > 2020-05-21 17:16 | Report Abuse

All online teacher already warn dont get trapped in GPacket

晓雨霖

1,680 posts

Posted by 晓雨霖 > 2020-05-21 17:18 | Report Abuse

if lost too much.........i will terjun laut dee

chkhooju

1,706 posts

Posted by chkhooju > 2020-05-21 17:18 | Report Abuse

Some people are very stubborn. They just won't listen. They think we are trying to prevent them from making money.

晓雨霖

1,680 posts

Posted by 晓雨霖 > 2020-05-21 17:20 | Report Abuse

Gpacket Greater Fools stocks 2020

chkhooju

1,706 posts

Posted by chkhooju > 2020-05-21 17:21 | Report Abuse

Precisely.

晓雨霖

1,680 posts

Posted by 晓雨霖 > 2020-05-21 17:27 | Report Abuse

The biggest victim ikan bilis that the one finally knew it was too late

investorbat

1,321 posts

Posted by investorbat > 2020-05-21 17:45 | Report Abuse

for the lady who comments at 5:02pm just now,please don't simply says GP company got problem,u might get sued by them.my kindly advise

erkongseng

3,192 posts

Posted by erkongseng > 2020-05-21 17:47 | Report Abuse

Hlt wa: 0.285+ conversion price 0.20 = 0.485
Parent stock: 0.475
This is the reasonable deal

Gpacket wb: 0.31+ conversion price 0.40 = 0.71
Parent stock: 0.97
Unreasonable deal.
The deal should be:
Gpacket wb: 0.57
So currently 0.31 is a buy-in-value, potential price increase: 0.26

If you want to make such an explosion, 0082wb is an opportunity.

Investment on the road, firm faith will succeed. Gpacket's business is on the track of success, and it only takes time to show.

sell

2,429 posts

Posted by sell > 2020-05-21 17:52 | Report Abuse

What if mother down to <70 after convert?

maximus .

402 posts

Posted by maximus . > 2020-05-21 18:56 | Report Abuse

Shark strategy is like this..they all ding dong ding dong until u loose patient..then mother will go up like rocket.. Follow by son. ..believe it or not. If want to drop....yesterday already waterfall..i m buying for the prospect..

abcb

2,802 posts

Posted by abcb > 2020-05-21 20:35 | Report Abuse

Limit down tomorrow

Posted by Simonalibaba > 2020-05-21 20:37 | Report Abuse

So chai, Kendall court bot low price at 20 cents you buy now at 1?

Michael Kwok

6,066 posts

Posted by Michael Kwok > 2020-05-21 20:42 |

Post removed.Why?

Michael Kwok

6,066 posts

Posted by Michael Kwok > 2020-05-21 20:46 |

Post removed.Why?

SuperPanda

11,413 posts

Posted by SuperPanda > 2020-05-21 22:07 | Report Abuse

i made sell call before market crash

JayC88

898 posts

Posted by JayC88 > 2020-05-21 22:12 | Report Abuse

i really cannot decide SuperPanda or Michael Kwok is better. i mean like they are both so smart.

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