Posted by KK > 2020-06-26 14:19 | Report Abuse

To buy back till 30% indeed need lot of money.. I think owner got confidence on company turnaround but public scare due to cunning pushing to dispose new listed warrant, in other words public do not believe anymore due to the cunning tactics. How the company can gain back public confidence is the hottest issue to handle now

Posted by Cryptotrader > 2020-06-26 14:27 | Report Abuse

CCP can borrow money and take private at 0.40 or 0.30 per share once cross threshold.. Same for rubberex case..

Posted by CITADEL > 2020-06-26 14:29 |

Post removed.Why?

Posted by Cryptotrader > 2020-06-26 14:32 | Report Abuse

China fund may come in to invest at GP after take private and delist...same for alibaba last time.. Delist and relist at Nasdaq few year later.. Before alibaba delisted, Jack ma buy all from existing shareholder at very low price(below $20)...alibaba share price is USD200 now.

Posted by Cryptotrader > 2020-06-26 14:36 | Report Abuse

Go to study luckin coffee case

Posted by maximus . > 2020-06-26 14:39 | Report Abuse

nanti semua org tengok counter ini macam tengok vt punya ..semua pun tak percaya sudah...

Posted by KK > 2020-06-26 14:41 | Report Abuse

Luckin coffee goreng till go bust..

Posted by Good123 > 2020-06-26 14:55 | Report Abuse

harga syer jatuh Dari rm1.65 ke 55sen, baru puan mau Beli Banyak-banyak, bijaklah puan

Posted by BostonMaxwell > 2020-06-26 14:56 | Report Abuse

He treat stock like business buy low sell high

Posted by Good123 > 2020-06-26 14:57 | Report Abuse

RM1.65 tolak 55sen~ RM1.10 Dah hilang, ramai sanggup Beli kini :)

Posted by Good123 > 2020-06-26 14:59 | Report Abuse

G3, GP punya associate company, steady at RM2.42

Posted by Good123 > 2020-06-26 15:00 | Report Abuse

GP memiliki Banyak Warrants Dan syer G3, suruh puan bagi balik kepada pemegang syer GP

Posted by MingGoon > 2020-06-26 15:05 | Report Abuse

@ Good123 : the buyer for kendall's stake could buy from the open market now :).

Green Packet’s group managing director and chief executive officer Puan Chan Cheong (pic) is the company’s biggest shareholder, with a direct stake of 10.22% as at June 12. He also holds an indirect stake of 16.9% via Green Packet Holdings Ltd.

PETALING JAYA: Singapore-based private equity (PE) firm Kendall Court has ceased to be a substantial shareholder of GREEN PACKET BHD, after it disposed of its entire stake in the international telecommunications and technology group.

In a filing with Bursa Malaysia, Green Packet said Kendall Court, via its wholly-owned unit Summit Synergy Ltd, had disposed of 100 million shares or its entire 10.9% stake via a direct business transaction.

The disposal, which took place in a few tranches last Wednesday to Friday at 80 sen a piece, represented a significant premium of close to 16% over the closing price of the Green Packet stock on Friday of 69 sen.

When contacted, Kendall Court founder Chris Chia said the disposal was part of the PE firm’s move to rebalance its portfolio and that it still believed in the Green Packet growth story. He said the PE firm did not rule out investing in Green Packet again in the future.

He declined to reveal to whom the stake was sold off to but added that it was to parties that are likely to contribute to Green Packet’s digital journey.

“We divested due to our own internal processes. We still continue to believe in the growth story of Green Packet and hope to participate in that growth in the near future.”

Kendall Court is an investment firm that manages equity-linked and mezzanine investments across South-East Asia and has deployed and managed over US$600mil in the region. It has invested into the natural resource, healthcare, consumer and telecom industries over the past decade.

The PE firm emerged as a substantial shareholder in Green Packet in September last year, when it acquired 65 million shares in via a direct business deal at a price of 70 sen a share or a 7.1% stake in the company.

In February this year, it bought another 35 million shares in Green Packet, raising its stake to over 10%.

Green Packet’s group managing director and chief executive officer Puan Chan Cheong (pic) is the company’s biggest shareholder, with a direct stake of 10.22% as at June 12. He also holds an indirect stake of 16.9% via Green Packet Holdings Ltd.

Green Packet has been actively growing its business.

Last month, it teamed up with Internet giant Tencent Holdings Ltd to leverage on the latter’s cloud services for the provision of eKYC (electronic know your customer) 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 its KipleID e-KYC.

Last week, Green Packet said it is acquiring Singapore-based e-KYC (Electronic Know Your Customer) specialist firm Xendity Pte Ltd. Green Packet took over the company for US$10mil.

With the acquisition, it will enable Green Packet to strengthen its digital identity verification services, a fast-growing sector as more organisations move towards their digital transformation.

This will reinforce Green Packet’s position as the partner for digital financial solutions for various industries in Malaysia including telecommunications and banking.

Green Packet has also announced its intention to apply for a digital bank licence in Malaysia and will likely be part of a consortium that will include the likes of Bank Islam Malaysia and Tencent, both of which it has business relationships with.
26/06/2020 11:48 AM

@ Good123 :
Thanks for sharing
Thanks for holding the fort
Thanks for providing more info

Posted by MingGoon > 2020-06-26 15:12 | Report Abuse

I hope 0.54... would the last of the last lowest price for Gpacket
0.54 ... Gpacket will not die...
0.54 the lowest...

How much lowest you could go ?
CC Puan...
Dont you think this is the lowest of the lowest Gpacket could go ?
If going downwards more, Gpacket...even with Tencent even with any other big big name...
Who would want that to be tarnish....

Even with Star write up, there would not be any more up.

Therefore, 0.54 ( will not die) , next week... we shall see a new price structure for Gpacket.
Keeping our fingers crossed !

Posted by Agjl > 2020-06-26 15:20 | Report Abuse

Selling still there

Posted by Agjl > 2020-06-26 15:21 | Report Abuse

Selling starts again...

Posted by BetterTomorrow > 2020-06-26 16:09 | Report Abuse

Hahha sold high buy low no surprise. G3 got nothing inside except news and news created

Posted by Joseph2020 > 2020-06-26 16:14 | Report Abuse

另一个骗局？

Posted by Good123 > 2020-06-26 16:25 | Report Abuse

stabilizing, volume traded 30mil shares. dumping stopped

Posted by Good123 > 2020-06-26 16:30 | Report Abuse

next Monday, qr should be out. let investors chase the share next week

Posted by maximus . > 2020-06-26 16:35 | Report Abuse

dumping the share like大海无量。。。

Posted by Good123 > 2020-06-26 16:36 | Report Abuse

better release QR at 8am next Monday, 1 hour to queue before market opens :)

Posted by BostonMaxwell > 2020-06-26 16:37 | Report Abuse

Later see director collect how many

Posted by maximus . > 2020-06-26 16:45 | Report Abuse

there is agenda..just tht we dont know wht is going to happen....if the counter really so bad..it is already free fall last two weeks...

Posted by Trade111 > 2020-06-26 16:48 | Report Abuse

Who wants to sell 4.6M at 0.545?

Posted by CUTLOST > 2020-06-26 16:51 | Report Abuse

The price starting to drop more next week.. It's will follow Permaju.. Super bearish

Posted by kidsplay > 2020-06-26 16:52 | Report Abuse

bye bye

Posted by Ahlim12345 > 2020-06-26 16:53 | Report Abuse

today total 12mil DBT at 0.64

Posted by SamSam > 2020-06-26 16:54 | Report Abuse

who is buying the DBT at a higher price 0.64c?

interesting...

Posted by Ahlim12345 > 2020-06-26 16:56 | Report Abuse

i think PCC buying again. but this time is DBT from who?

Posted by Good123 > 2020-06-26 17:08 | Report Abuse

wait n see, maybe macam Boustead, consider to privatise at xxx tapi tak confirm later :)

Posted by Good123 > 2020-06-26 17:09 | Report Abuse

I think, paras harga sekarang reasonable after all the monkey shows, etc.

Posted by Good123 > 2020-06-26 17:11 | Report Abuse

1bil shares issued, 30mil shares traded Saja. ~3%, pemain satu dua tanda Dah lari kot? stabil kini

Posted by Good123 > 2020-06-26 17:15 | Report Abuse

berita e-wallet lagi :) KUALA LUMPUR (June 26): The Ministry of Science, Technology and Innovation (Mosti) will embark on a pilot programme to use of robotic technology in various sectors to replace human labour, hence reducing the country’s dependence on foreign workers.

Minister Khairy Jamaluddin Abu Bakar (pictured) said the privately-developed programme would be implemented first in the manufacturing sector soon.

He said the implementation of the programme was made possible under the National Technology and Innovation Sandbox (NTIS) initiative outlined in the National Economic Recovery Plan (PENJANA).

“This is mainly for industries that need low-cost labour involving foreign workers...old jobs will disappear and new ones (involving digital technology) will be created,” he said when interviewed in RTM’s Selamat Pagi Malaysia programme today.

Khairy also said that Mosti would expedite the implementation of the smart farm programme to ensure the country’s food security and hence, achieve a better level of self-sufficiency.

“During this Covid-19 pandemic, for example, we are worried that the country will not be able to import food items... the level of our food self-sufficiency is still low.

“Among the technologies that we need to explore are sensor technology and the internet of things (IoT),” he said.

To achieve the objective, Khairy said the government has been intensifying efforts to upgrade broadband infrastructures across the country.

Elaborating, the minister said Mosti would also take more initiatives to enhance public awareness on cashless transaction, especially among those in rural areas.

“Our goal is to become a cashless society, so we must ensure it become a new normal not only in urban but also in rural areas.

“I want to see e-wallet become the new normal even at a farmers’ market,” he said, adding that he planned to make his own constituency of Rembau as a case study.

The NTIS initiative, led by Mosti, was announced by Prime Minister Tan Sri Muhyiddin Yassin while unveiling the PENJANA on June 5, to complement the national digitalisation process.

Posted by Joseph2020 > 2020-06-26 17:40 | Report Abuse

吉隆坡（6月26日）：科学，技术和创新部（Mosti）将着手一项试点计划，以在各个部门使用机器人技术来代替人工，从而减少该国对外国工人的依赖。

部长Khairy Jamaluddin Abu Bakar（图）表示，私人开发的计划将很快在制造业中首先实施。

他说，该计划的实施是根据国家经济复苏计划（PENJANA）中概述的国家技术和创新沙箱（NTIS）计划而实现的。

他在今天接受RTM Selamat Pagi Malaysia计划采访时说：“这主要是针对需要外国工人的低成本劳动力的行业……旧工作将消失，新工作（涉及数字技术）将被创造出来。”

卡里还说，莫斯蒂将加快实施智能农场计划，以确保该国的粮食安全，从而实现更高的自给自足水平。

“例如，在Covid-19大流行期间，我们担心该国将无法进口食品……我们的食品自给自足水平仍然很低。

他说：“我们需要探索的技术包括传感器技术和物联网（IoT）。”

为了实现这一目标，海里说，政府一直在加大力度升级全国的宽带基础设施。

这位部长详细说明，莫斯蒂还将采取更多举措，以提高公众对无现金交易的认识，尤其是在农村地区。

“我们的目标是成为一个无现金社会，因此我们必须确保它不仅在城市而且在农村地区都成为一种新常态。

他说：“即使在农贸市场，我也希望电子钱包成为新的常态。”他补充说，他计划以自己的Rembau选区为案例研究。

由莫斯蒂（Mosti）领导的NTIS倡议是由总理丹·斯里·穆希丁·亚辛（Tan Sri Muhyiddin Yassin）在6月5日发布PENJANA时宣布的，以补充国家数字化进程。

Posted by Good123 > 2020-06-26 17:53 | Report Abuse

the past never lie, GP has proven achievement dulu. TM, Digi seen eyeing 30% stake in Green Packet’s P1

The Editor

/

TheEdge


September 10, 2013 05:42 am 08



-A A

KUALA LUMPUR (Sept 10): Telekom Malaysia Bhd may acquire a 30% stake in P1 of Green Packet Bhd for its spectrum, while Digi is also rumoured to be eyeing P1, according to RHB Research Institute today.

In a report on the telco sector, RHB said: “Our channel checks indicate that TM may possibly acquire a 30% stake in a subsidiary of Green Packet.

“Besides TM, DiGi.com Bhd is also rumoured to be eyeing P1’s spectrum. It is widely known that DiGi has limited 900Mhz LTE use.”

Posted by Good123 > 2020-06-26 17:56 | Report Abuse

becoming digital bank . :) jangan lupa! Green Packet buys e-KYC firm in bid to be full-fledged digital bank

Wong Ee Lin

/

theedgemarkets.com


June 16, 2020 20:22 pm 08





Puan Chan Cheong

-A A

(The story has been amended for accuracy.)

KUALA LUMPUR (June 16): Set to offer a complete end-to-end solution to banks and financial institutions, Green Packet Bhd is buying Singapore-based e-KYC (Electronic Know Your Customer) specialist firm Xendity Pte Ltd for US$10 million.

With the acquisition, it will enable Green Packet to strengthen its digital identity verification services, a fast-growing sector as more organisations move towards their digital transformation. This, in line, will reinforce Green Packet's position as the preferred partner for digital financial solutions for various industries in Malaysia including telecommunications and banking.

Sponsored Content



"The acquisition of Xendity forms a key part of our go market strategy with a solid e-KYC solution," said its group managing director and chief executive officer Puan Chan Cheong in a statement.

"Although they (Xendity) are a new start-up company of about three years, their track record, experience, and capabilities as a main solution provider in the regulated e-KYC and ID management space should be applauded," Puan noted, adding that Xendity's solutions will add significant scale to Green Packet's digital financial offerings.

E-KYC specialises in technologies on document verification, facial recognition and biometrics and typically only requires users to do so from their smartphones or personal computers remotely.

Last month, Green Packet announced a tie-up with Tencent Cloud to leverage on the latter's facial recognition and machine learning capabilities to build a localised e-KYC solution.

Green Packet will be paying US$10 million for a 100% stake in Xendity, with a combination of cash and shares and with performance-based tranches. It will initially pay US$1.5 million cash plus issue of new shares worth US$4 million.

Then, over the next two years, Green Packet will pay up to US$4.5 million via new shares and these payments will be based on Xendity meeting stipulated key performance targets.

In 2018, credit reporting agency CTOS, together with Xendity as its technology partner and leading banks, participated in Bank Negara Malaysia’s (BNM) e-KYC Financial Technology Regulatory Sandbox. 

Having met the central bank’s Sandbox’s e-KYC eligibility criteria, CTOS and the banks have made preparations to meet the upcoming BNM e-KYC policy. The banks have not deployed this solution to a live service and are currently awaiting the final outcome of the regulations to be issued by BNM.

Apart from Malaysia, Xendity is also making inroads into Indonesia, said Green Packet.

Other than its digital banking dream by building an ecosystem under the Kiple brand, Green Packet has also recently ventured into the proptech space, with a licence plate recognition technology, in conjunction with the launch of its flagship KipleLive solution under We Are Ready campaign.

Posted by BostonMaxwell > 2020-06-26 17:57 | Report Abuse

Xendity also got cooperate with 10cent

Posted by Good123 > 2020-06-26 17:57 | Report Abuse

investors hot sekejap, tidur balik :). Green Packet acquisition of e-KYC firm drives investor frenzy

Wong Ee Lin

/

theedgemarkets.com


June 17, 2020 11:42 am 08





-A A

(The story has been amended for accuracy.)

KUALA LUMPUR (June 17): Trading interest in shares in Green Packet Bhd swelled this morning after it yesterday announced the acquisition of a Singapore-based e-KYC (electronic Know Your Customer) specialist firm, Xendity Pte Ltd, for US$10 million (RM42.79 million).

The counter had risen as much as 8.09 sen earlier this morning, before it pared some of its gains and was up two sen or 2.94% to 70 sen at 10.55am. This gave it a market capitalisation of RM699.61 million.

Sponsored Content



Some 116.6 million shares were traded. At that point of time, that was already nearly 10 times its 200-day average volume of 14.89 million, also making it the sixth most active counter on Bursa Malaysia today.

The stock soared to RM1.44 in May following its kipleLive launch, but had slipped some 51% since.

In a statement yesterday, Green Packet said the acquisition will enable it to strengthen its digital identity verification services, a fast-growing sector as more organisations move towards their digital transformation.

It said this will reinforce its position as the preferred partner for digital financial solutions for various industries in Malaysia, including telecommunications and banking.

"The acquisition of Xendity forms a key part of our market strategy with a solid e-KYC solution," said its group managing director and chief executive officer (CEO) Puan Chan Cheong in a statement.

Green Packet will be paying US$10 million for a 100% stake in Xendity, with a combination of cash and shares and with performance-based tranches. It will initially pay US$1.5 million cash plus the issuance of new shares worth US$4 million.

Then, over the next two years, Green Packet will pay up to US$4.5 million via new shares and these payments will be based on Xendity meeting stipulated key performance targets.

In 2018, credit reporting agency CTOS, together with Xendity as its technology partner and leading banks, participated in Bank Negara Malaysia’s (BNM) e-KYC Financial Technology Regulatory Sandbox. 

Having met the central bank’s Sandbox’s e-KYC eligibility criteria, CTOS and the banks have made preparations to meet the upcoming BNM e-KYC policy. The banks have not deployed this solution to a live service and are currently awaiting the final outcome of the regulations to be issued by BNM.

Posted by Good123 > 2020-06-26 18:01 | Report Abuse

Meanwhile, a number of shareholders have been converting their Green Packet warrants.

As a result, Green Packet has received some RM26mil from conversions done since May 28.

Posted by BostonMaxwell > 2020-06-26 18:01 | Report Abuse

Boey collect again leh

Posted by Good123 > 2020-06-26 18:02 | Report Abuse

Green Packet is in the process of making a 10% placement of its shares.

Posted by Good123 > 2020-06-26 18:03 | Report Abuse

private placement 10%~ 100mil shares , say, 80sen~RM80mil. cukup for cloud computing next year

Posted by Good123 > 2020-06-26 18:05 | Report Abuse

Tencent’s cloud business has been the fastest growing among the top five players globally providing cloud services.

According to global IT research and advisory firm Gartner, Tencent Cloud is ranked fifth in the world for 2019 and is growing the fastest among the top five cloud players, at an annual growth rate of 111%.

Posted by Good123 > 2020-06-26 18:06 | Report Abuse

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 from that of Facebook (US$598bil).

Cloud computing is a fast-growing area of technology as companies are fast beginning to realise the value of such services.

The adoption of cloud computing has also further picked up during the Covid-19 pandemic, as the nation leveraged more on digital product offerings in the “new normal”.

The local cloud computing market is expected to be worth US$3.7bil (RM15.8bil) in 2024, growing at a compounded annual rate of 13% from 2020.

Posted by Good123 > 2020-06-26 18:07 | Report Abuse

Green Packet founder and group managing director C.C. Puan had previously highlighted that the adoption of cloud computing will experience rapid growth in the coming one to two years, across various industries especially with the convergence of next generation technologies such as 5G, artificial intelligence, and Internet-of-Things.

Posted by BostonMaxwell > 2020-06-26 18:07 | Report Abuse

Boey and PCC keep buying. Good sign?

Posted by Agjl > 2020-06-26 18:09 | Report Abuse

Biston maxwell...how much shares boey collected today? Any record?

Posted by Good123 > 2020-06-26 18:09 | Report Abuse

Changes in Sub. S-hldr's Int (Section 138 of CA 2016)

GREEN PACKET BERHAD

Particulars of substantial Securities Holder

NameMR PUAN CHAN CHEONGNationality/Country of incorporationMalaysiaDescriptions (Class)ORDINARY SHARES

Details of changes

NoDate of change

No of securities

Type of TransactionNature of Interest126 Jun 2020

1,330,000

AcquiredDirect InterestName of registered holderKENANGA NOMINEES (TEMPATAN) SDN BHD PLEDGED SECURITIES ACCOUNT FOR PUAN CHAN CHEONGAddress of registered holderLEVEL 15, KENANGA TOWER 237, JALAN TUN RAZAK, 50400 KUALA LUMPUR, WILAYAH PERSEKUTUAN, MALAYSIADescription of "Others" Type of Transaction
Circumstances by reason of which change has occurredPURCHASE OF SHARES FROM OPEN MARKETNature of interestDirect InterestDirect (units)122,927,124Direct (%)12.28Indirect/deemed interest (units)169,200,000Indirect/deemed interest (%)16.9Total no of securities after change292,127,124Date of notice26 Jun 2020Date notice received by Listed Issuer26 Jun 2020


Remarks :The calculation of percentage ratio excludes 7,707,000 treasury shares. Deemed interested via Green Packet Holdings Ltd pursuant to Section 8 of the Companies Act, 2016


Announcement Info

Company NameGREEN PACKET BERHADStock NameGPACKETDate Announced26 Jun 2020CategoryChange in the Interest of Substantial Shareholder Pursuant to Section 138 of CA 2016Reference NumberCS2-26062020-00137

Posted by BostonMaxwell > 2020-06-26 18:10 | Report Abuse

Agjl just 5000 units but last time he also just collect 5000units