Posted by Good123 > 2023-01-25 14:38 | Report Abuse

G3 shares dah dijualkan semua. Kini , loss making companies dan projek dijualkan pulak...

Coming Q1 or Q2, boleh laporkan keuntungan:)

Posted by Good123 > 2023-01-25 14:57 | Report Abuse

Over the year the Group saw significant milestones for each business segment.
• Our pioneering Smart Devices segment launched multiple variants of its 5G
Customer Premise Equipment (“CPEs”) which included the world’s first 2NR
carrier aggregation (“2NR CA”) that will enable our users to access greater data
transfer speed and connectivity at extremely cost-effective prices.
• The Urban Technology segment equipped 27 parking sites with our Smart License
Plate Recognition (“LPR”) access in commercial and residential developments.
Over 60 residential sites were also connected to Green Packet’s Smart
Community Services while over 70 commercial, premium parking sites are now
powered with Green Packet’s Smart Valet Services.
• Green Packet’s Cloud solutions segment secured a commitment of a minimum
of 2,000 servers from Tencent by the end of the third year of operations in 2023.
The total investment from the Group’s collaboration with Tencent could add up to
between RM300 million and RM500 million over the next three years.
• Our pioneering Communications business renewed its partnership with StarHub
for its Voice business pillar for the fourth consecutive year. It also became an
official wholesale data connectivity supplier for the international arm of one of the
largest telecommunications providers in China, becoming a trusted partner that
provides comprehensive international telecom solutions to a network across 37
countries and regions.
• Green Packet’s fintech solutions spearheaded by Kiplepay Sdn Bhd (“KPSB”), a
Bank Negara Malaysia approved company, forged successful partnerships with
global financial payment leaders Visa and Western Union, enabling it to expand its
offerings and add value to its customers through its payment gateways, Wallet as
a Service (WaaS) and Kiple Visa Prepaid Card, among other services.

Posted by Good123 > 2023-01-25 15:00 | Report Abuse

What we do
The Smart Devices business segment
(formerly known “Solutions”) is one
of the Group’s pioneering businesses
which specialises in the production of
Customer Premise Equipment (“CPE”).
Under Smart Devices, the Group
manufactures its wireless broadband
and hybrid broadband devices
covering 3G, 4G, 5G and Fiber
technologies. In 2021, the segment
successfully launched multiple variants
of its 5G CPEs to enable a seamless
transition from 4G to 5G technologies
for its clients. The segment currently
sits under the Digital Devices and
Infrastructure strategic thrust under
Green Packet’s 5.0 strategy.
How we create value
At the start of 2021 we announced our intention of positioning ourselves as a Top
5 Global Customer Premise Equipment (“CPE”) supplier and ended the year well
within the global Top 5. To ensure the sustainability of the Smart Devices segment,
we maintained the end-to-end control of the product development process in terms
of technical capability, hardware, software, and supply chain.
Aligning with these tighter controls, our supply chain has been diversified across
multiple suppliers and resources to mitigate the risks amid a global chipset shortage
and logistics disruptions. We have also taken additional measures to plan our
product certification schedule to ensure the timely availability of Certification and
Testing Labs to ensure our products are certified and qualified to fulfil the demand of
our global clientele.
In 2021, the segment successfully launched multiple variants of its 5G CPEs to
enable a seamless transition from 4G to 5G technologies for its clients. Among them
was the world’s first 2NR carrier aggregation (“2NR CA”) function within a 5G CPE
which combines two carriers into one data channel to enhance the data capacity of
a network.

Posted by Good123 > 2023-01-25 15:02 | Report Abuse

tencent punya harga syer juda dah terbang kini

CLOUD AND ENTERPRISE SERVICES
What we do
Our cloud and enterprise solutions cover Infrastructure-as-a-Service (IaaS), Platform-as-a-Service (PaaS) and Software-as-aService (SaaS) for large organisations and governments.
Cloud-based services are a vital infrastructure backbone to any significant digitalisation effort. In 2020, the Group entered into
a 10-year agreement with China’s Tencent’ Cloud, who will offer their cloud services here in Malaysia. This marked the Group’s
extension into a new business segment via the cloud and enterprise services pillar under the Green Packet 5.0 Strategy.

Posted by Good123 > 2023-01-25 15:03 | Report Abuse

dulu gp jualkan subsi kpd tm, kini, mungkin jualkan semua kpd tencent china hahaha

Posted by Good123 > 2023-01-25 15:05 | Report Abuse

shareholders terbesar baru mau bersihkan gp... jualkan semua subsi, syer yang tak untung... terbaiklah, lembaran baru kini...

kerjasama dengan tencent china boleh membawa manfaat yg besar barangkali gp dibeli oleh tencent satu hari nanti

Posted by Good123 > 2023-01-25 16:38 | Report Abuse

Like the new strategy selling all unprofitable biz

Posted by Good123 > 2023-01-25 16:38 | Report Abuse

Like the new strategy selling all unprofitable biz

Posted by Good123 > 2023-01-25 17:54 | Report Abuse

Date Open High Low Close Change Volume
2023-01-25 0.06 0.06 0.055 0.055 -0.005 (8.333%) 2,306,500
2023-01-20 0.055 0.06 0.055 0.06 0.00 (0.00%) 262,300
2023-01-19 0.055 0.06 0.055 0.06 0.00 (0.00%) 280,000
2023-01-18 0.06 0.06 0.055 0.06 0.00 (0.00%) 1,448,800
2023-01-17 0.06 0.06 0.055 0.06 0.00 (0.00%) 608,300
2023-01-16 0.055 0.06 0.055 0.06 0.00 (0.00%) 336,800
2023-01-13 0.055 0.06 0.055 0.06 0.00 (0.00%) 1,531,000
2023-01-12 0.055 0.06 0.055 0.06 0.00 (0.00%) 544,300
2023-01-11 0.06 0.06 0.055 0.06 0.00 (0.00%) 4,244,200
2023-01-10 0.065 0.065 0.055 0.06 0.00 (0.00%) 16,860,500
2023-01-09 0.065 0.07 0.06 0.06 -0.005 (7.692%) 3,795,800
2023-01-06 0.065 0.065 0.06 0.065 0.00 (0.00%) 1,592,600
2023-01-05 0.065 0.075 0.06 0.065 0.00 (0.00%) 84,428,800
2023-01-04 0.06 0.065 0.06 0.06 -0.005 (7.692%) 420,100
2023-01-03 0.055 0.065 0.055 0.065 +0.01 (18.181%) 7,434,100
2022-12-30 0.055 0.06 0.055 0.055 -0.005 (8.333%) 1,369,600
2022-12-29 0.055 0.06 0.055 0.06 0.00 (0.00%) 214,000
2022-12-28 0.055 0.06 0.055 0.06 0.00 (0.00%) 471,500
2022-12-27 0.06 0.06 0.055 0.06 0.00 (0.00%) 581,200

Posted by Good123 > 2023-01-25 21:56 | Report Abuse

Top Shareholders
Top 27 shareholders own 32.24% of the company
Ownership Name Shares Current Value Change % Portfolio %
18.09%
Kok Lim 358,183,000 MYR19.7m 0% no data
6.28%
Seng Wui Leong 124,342,570 MYR6.8m 0% no data
1.33%
Gemtek Technology Co., Ltd. 26,273,280 MYR1.4m 0% no data
0.52%
Chu Liong Tan 10,260,000 MYR564.3k 0% no data
0.48%
Siew Hoe Mah 9,500,000 MYR522.5k 0% no data
0.4%
Kim Choon Goh 8,000,000 MYR440.0k 0% no data
0.36%
Foo Keong Sham 7,100,000 MYR390.5k 0% no data
0.34%
Premier Elite Marketing Sdn Bhd 6,700,000 MYR368.5k 0% no data
0.33%
Choon Eek Lim 6,500,000 MYR357.5k 0% no data
0.32%
Jin-Yi Chang 6,379,000 MYR350.8k 0% no data
0.3%
Seng Kian Poh 6,000,000 MYR330.0k 0% no data
0.3%
Jasvinder Singh 6,000,000 MYR330.0k 0% no data
0.28%
Ngan Boon Mac 5,523,720 MYR303.8k 0% no data
0.25%
Wah Peng Wong 4,919,400 MYR270.6k 0% no data
0.25%
Yew Sing Tan 4,914,800 MYR270.3k 0% no data
0.25%
Great Eastern Life Assurance (Malaysia) Berhad, Insurance Investments 4,857,300 MYR267.2k 0% no data
0.24%
Wai Kiat Liew 4,836,500 MYR266.0k 0% no data
0.22%
Lee Hieh Tang 4,445,600 MYR244.5k 0% no data
0.22%
Teck Low 4,400,000 MYR242.0k 0% no data
0.21%
Kam Fook Puan 4,162,300 MYR228.9k 0% no data
0.21%
Meng Tey 4,100,000 MYR225.5k 0% no data
0.18%
Choh Piau Soh 3,599,000 MYR197.9k 0% no data
0.18%
Hui Min Sia 3,510,609 MYR193.1k 0% no data
0.18%
Kim Yong Chia 3,475,000 MYR191.1k 0% no data
0.18%
- Saravanan 3,470,000 MYR190.9k 0% no data
0.17%
Hui Yong Sia 3,444,026 MYR189.4k 0% no data
0.17%
Poh Chye Khoo 3,425,000 MYR188.4k 0% no data

Posted by Good123 > 2023-01-25 21:57 | Report Abuse

Syafinaz Merican Binti Isahak Merican
Independent Non-Executive Director

Qualification

Bachelor of Science in Business Administration and International Business from the University of Nebraska-Lincoln, USA.
‍

Working Experience

Mdm Syafinaz is a global professional across multiple industries including asset management, business advisory, corporate finance, and luxury retail with main work experiences in Malaysia, Lebanon, the United Arab Emirates and Singapore.
‍

She began her career in 1996 as a Consultant of Financial Advisory Services at PricewaterhouseCoopers (PwC) Kuala Lumpur, where she specialised in regional and local corporate finance work covering corporate and debt restructuring, independent business review, dispute analysis and investigation, merger and acquisition, privatization, risk, regulation & compliance management, valuation and strategy validation and other consulting services.
‍

Mdm Syafinaz then went on to become the Founding Director and General Manager of Patchi Malaysia officially launched in 2003, where she was instrumental in obtaining and developing the luxurious franchise for the Malaysian market and the brand’s further expansion into Asia: Brunei, China, India, Indonesia, and Singapore.
‍

After relocating to Dubai the same year, she took on the role as Corporate Advisor to the Chairman of Dragoni International LLC, a contracting company involved in many prestigious projects in the middle east including for EMAAR Properties, an Emirati multinational real estate development public joint-stock company where she performed strategic management to enhance the company’s performance and value for target DEPA PLC, a public listed global interior contracting and solutions company on the Dubai NASDAQ, who eventually acquired the company as its majority shareholder.
‍

Mdm Syafinaz has been an Advisor to Fairshore Asset Management (FAMCO) since 2017, a Monetary Authority of Singapore (MAS) Regulated Investment Manager based in Singapore – with a Capital Markets Services License. FAMCO manages multiple fund platforms with various investment strategies. It has vast experience in alternative credit and asset management and bespoke wealth planning and structuring developed from their team’s decades of investment banking and asset management backgrounds. She serves as a Director on three FAMCO managed funds which currently has an AUM in excess of US$5.6billion.

Posted by Good123 > 2023-01-25 21:59 | Report Abuse

Datuk Firmansyah Aang Bin Muhamad
Chairman / Independent Non-Executive Director

Qualification

Degree in LLB Law (Hons) from the University of South Wales, UK.
‍

Working Experience

Datuk Firmansyah began his career in 2000 with a local incubator, Makmal.com as a business analyst. Later on Makmal.com embarked upon e-commerce business in logistics and B2B space with Procurehere.com as a e-market operator. Following that, he was appointed as a e-bidding & reverse auction executive. Thereafter, he joined the Privasia Berhad Group as a marketing manager.
‍

Datuk Firmansyah joined Academy Political, a political think tank running action driven programs for youth development. Following that he joined KBS under MSN for developing sports grass-roots program NFDP and JCM as a Director. At the same time, he was appointed as a Director for National Stadium Berhad and help to develop the KL Sports City for 2017 Sea Games.
‍

Datuk Firmansyah rejoined Privasia Group. Currently, he sits on the Board of GIIB Holdings Berhad as an Independent Non-Executive Director.
‍

Posted by Good123 > 2023-01-25 22:00 | Report Abuse

Dato' Sri Lim Kok Han (Andy)
Non-Independent Non-Executive Director

Qualification

Dato’ Sri Andy completed his high school education at Maxwell High School, Sentul Kuala Lumpur in 1988.
‍

Working Experience

Dato Sri Andy is an entrepreneur with more than 30 years of experience in various industries such as driving schools, digital software solutions, employee placement agency, and management of companies and enterprises.
‍

He is also a keen philanthropist who has served and sponsored a few charitable organizations over the years such House of Joy, Rumah Amal Cheshire Selangor and Peace Charis to name a few.
‍

Upon completing his studies, Dato’ Sri Andy then started to manage his family business, Sekolah Memandu Selayang which provides driving lessons and services. In year 2007, he rebranded the Company into Perfect Driving Academy Sdn Bhd.
‍

Today, he has under his helm, Prolific Group Sdn Bhd which owns three (3) driving academies namely Perfect Driving Academy Sdn Bhd; Akademi Memandu Uji Niaga Sdn Bhd and Akademi Propandu Sdn Bhd with a total of 130 staff and three (3)branches located in Klang Valley.
‍

In addition, he is also currently the Chairman of Konsortium Multimedia Swasta Sdn Bhd, the concessionaire for the Malaysian Electronic Government Flagship Application of the Multimedia Super Corridor (MSC) which manages the “Rangkaian Interaktif Laman Elektronik Kerajaan” or commonly known as “RILEK” portal.
‍

He also holds directorships in other private companies.
‍

Posted by Good123 > 2023-01-25 22:00 | Report Abuse

Kenny Khow Chuan Wah
Executive Director - Finance

Qualification

Degree in Accounting and Finance (Distinction) from the University of Technology, Sydney. Member of the Malaysian Institute of Accountants and CPA Australia.
‍

Working Experience

Mr Kenny Khow has more than thirteen (13) years of experience as an auditor with PricewaterhouseCoopers Malaysia, including a two (2) years secondment from the year 2004 to the year 2006 at PricewaterhouseCoopers London.
‍

He joined PricewaterhouseCoopers in the year 1997 and has extensive experience in the area of corporate exercises covering the initial public offering, the demerger of a listed entity, management and integration of two (2) major companies in Malaysia, privatization of a major listed entity, rights issue, issuance of debt securities, as well as the sale and leaseback of key assets.
‍

His other work experience includes financial due diligence, advisory, and numerous cross-border securities offering. He also sits on the Board of Directors of MMAG Holdings Berhad and CSH Alliance Berhad (formerly known as KTG Sdn Bhd) as an Executive Director.
‍

As the Executive Director of the companies, in addition to overseeing groups’ financial affairs, including accounting, finance, tax, and treasury, he also oversees human resources-related matters and other administrative duties.

Posted by Good123 > 2023-01-25 22:00 | Report Abuse

A new BOD, good start to turnaround :)

Posted by Good123 > 2023-01-25 22:08 | Report Abuse

Gp ada forensic accounting expert kini hahaha
Ng Keok Chai
Independent Non-Executive Director

Qualification

Bachelor of Laws (Hons.) from University of Wolverhampton, London and Certificate of Legal Practice from Legal Profession Qualifying Board, Malaysia.
‍

Working Experience

Mr Ng started his early career as a Police Inspector with the Royal Malaysia Police in 1982. He was then posted to serve in Sarawak for 20 years until the rank of Assistant Superintendent of Police. During his tenure in Sarawak, his exposure included the Criminal Investigation Department (“CID”), General Duty and Police Field Force.
‍

In 2003, Mr Ng was transferred to West Malaysia to serve in Traffic Branch, Selangor Police Contingent Headquarters. In 2005, he was promoted to Deputy Superintendent of Police and served in Commercial Crime Investigation Department until his retirement in 2019. Mr Ng was promoted to Assistant Commissioner of Police in 2016 and his last held position was Principal Assistant Director in Forensic Accounting Investigation Division, CCID, Royal Malaysia Police, Bukit Aman.
‍

Throughout his 36 years’ service in Royal Malaysia Police, he was very much involved in police investigations due to his legal background. He specialises in criminal investigation across various fields which include commercial crime, general crime and forensic accounting investigation with ample management and special operations experience.
‍

Mr Ng also sits on the Board of (3) public listed companies namely CSH Alliance Berhad (formerly known as KTG Berhad), Hong Seng Consolidated Berhad and Dynaciate Group Berhad as Independent Non-Executive Director.
‍

Posted by Good123 > 2023-01-25 23:54 | Report Abuse

the new largest shareholders bukan hidden hand gang kot? haha

Posted by Good123 > 2023-01-26 07:18 | Report Abuse

GP takda kaitan dengan hidden hand group... haha

https://www.theedgemarkets.com/article/special-report-hidden-hands-behind-penny-stock-surge

Posted by Good123 > 2023-01-26 07:19 | Report Abuse

Will tech stocks rebound in 2023?
The tech-heavy index has a good chance of surging in 2023, rebounding from last year's lows.17 Jan 2023

The Nasdaq Will Likely Soar in 2023

Posted by Good123 > 2023-01-26 07:19 | Report Abuse

Tech stocks could rebound in 2023, Citi says - Fortunehttps://fortune.com › 2022/10/06 › tech-stocks-rebound...
6 Oct 2022 — Tech stocks could bounce back by next year, but it will be a 'volatile ride,' Citi says. The year 2022 hasn't been a good one for tech stocks, ..

Posted by Good123 > 2023-01-26 09:42 | Report Abuse

Gp works with tencent, just invite tencent to pump in money and acquire a stake of gp... :)

I’m listening to What's Next For Tencent? on BFM.

Posted by Good123 > 2023-01-26 13:11 | Report Abuse

GP becoming a subsi of Tencent, habis cerita nanti hahaha

Tencent and Green Packet firm up cloud dealhttps://www.greenpacket.com › our-news › tencent-and...
29 Nov 2021 — Green Packet will be responsible for the setting up of the infrastructure in Malaysia and promoting Tencent Cloud's ecosystem of software ...

Tencent and Green Packet firm up cloud deal | The Starhttps://www.thestar.com.my › business › 2021/11/27 › t...
27 Nov 2021 — Green Packet will be responsible for the setting up of the infrastructure in Malaysia and promoting Tencent Cloud's ecosystem of software ...

Green Packet to invest initial RM100m under Tencent Cloud ...https://www.theedgemarkets.com › article › green-pack...
18 Aug 2020 — Green Packet Bhd will be investing an initial RM100 million under its collaboration with Tencent Cloud to set up a joint Internet data ...

Green Packet sees buying interest after Tencent cloud ...https://www.theedgemarkets.com › article › green-pack...
7 Oct 2020 — Green Packet Bhd has emerged as the most actively traded stock on Wednesday after the management said it is optimistic on earnings ...

Green Packet Plans to Invest in Tencent Cloud Partnership to ...https://www.orissa-international.com › business-news
Green Packet Bhd, a Malaysia-based leading telecommunications, media and technology company has announced an initial investment of MYR 100 million (USD 24 ...

Tencent and Green Packet firm up cloud deal - KLSE Screenerhttps://www.klsescreener.com › news › view › tencent-a...
27 Nov 2021 — In a filing with Bursa Malaysia, Green Packet said that Tencent will leverage on its global customer base while Green Packet will leverage ...

Posted by Good123 > 2023-01-26 14:19 | Report Abuse

New mgmt jualkan loss making companies, ia boleh melaporkan Keuntungan anytime

Posted by Good123 > 2023-01-26 14:21 | Report Abuse

Kalau untung dan mantap balik. P/b = 2 jadi nta 5sen x 2 balik 10sen nanti

Pemegang2 syer utama baru tak payah main hanky panky pun bertambah kaya

Posted by Good123 > 2023-01-26 14:58 | Report Abuse

:)

Technical Trading Ideas – Small Caps Index Hits 7-month High

Posted by speakup > 2023-01-26 15:03 | Report Abuse

if tencent wan buy over gpacket, senang je

Posted by Good123 > 2023-01-26 17:21 | Report Abuse

just stay invested a bit... no risk no gain haha

Digital, green investments, innovation will drive Asia's next growth, Asia House Annual Outlook show
By NST Business - January 25, 2023 @ 7:23pm

Posted by Good123 > 2023-01-26 20:54 | Report Abuse

ster than forecast

10h ago
FOREX
Ringgit extends gains against greenback at opening

Posted by Good123 > 2023-01-26 21:03 | Report Abuse

after PP and disposing loss-making companies, financial position dah mantap

Financial Health
How is Green Packet Berhad's financial position?

Financial Health Score 6/6

Short Term Liabilities

Long Term Liabilities

Debt Level

Reducing Debt

Stable Cash Runway

Forecast Cash Runway

Posted by Good123 > 2023-01-26 21:05 | Report Abuse

Short Term Liabilities: GPACKET's short term assets (MYR215.8M) exceed its short term liabilities (MYR183.0M).

Long Term Liabilities: GPACKET's short term assets (MYR215.8M) exceed its long term liabilities (MYR8.0M).

Posted by Good123 > 2023-01-26 21:07 | Report Abuse

Debt Level: GPACKET has more cash than its total debt.

Reducing Debt: GPACKET's debt to equity ratio has reduced from 176.4% to 20.3% over the past 5 years.

Posted by Good123 > 2023-01-26 21:07 | Report Abuse

Stable Cash Runway: GPACKET has sufficient cash runway for 10 months based on last reported free cash flow, but has since raised additional capital.

Forecast Cash Runway: GPACKET is forecast to have sufficient cash runway for 8 months based on free cash flow estimates, but has since raised additional capital.

Posted by Good123 > 2023-01-26 21:09 | Report Abuse

Ownership Breakdown
Institutions 0.2%
4,857,300 shares
Private Companies 0.3%
6,700,000 shares
Public Companies 1.3%
26,273,280 shares
Individual Insiders 30.8%
609,229,149 shares
General Public 67.3%
1,332,861,765 shares

Posted by Good123 > 2023-01-26 21:11 | Report Abuse

Top 25 shareholders own 31.89% of the company
Ownership Name Shares Current Value Change % Portfolio %
18.09%
Kok Lim 358,183,000 MYR19.7m 0% no data
6.28%
Seng Wui Leong 124,342,570 MYR6.8m 0% no data
1.33%
Gemtek Technology Co., Ltd. 26,273,280 MYR1.4m 0% no data
0.52%
Chu Liong Tan 10,260,000 MYR564.3k 0% no data
0.48%
Siew Hoe Mah 9,500,000 MYR522.5k 0% no data
0.4%
Kim Choon Goh 8,000,000 MYR440.0k 0% no data
0.36%
Foo Keong Sham 7,100,000 MYR390.5k 0% no data
0.34%
Premier Elite Marketing Sdn Bhd 6,700,000 MYR368.5k 0% no data
0.33%
Choon Eek Lim 6,500,000 MYR357.5k 0% no data
0.32%
Jin-Yi Chang 6,379,000 MYR350.8k 0% no data
0.3%
Jasvinder Singh 6,000,000 MYR330.0k 0% no data
0.3%
Seng Kian Poh 6,000,000 MYR330.0k 0% no data
0.28%
Ngan Boon Mac 5,523,720 MYR303.8k 0% no data
0.25%
Wah Peng Wong 4,919,400 MYR270.6k 0% no data
0.25%
Yew Sing Tan 4,914,800 MYR270.3k 0% no data
0.25%
Great Eastern Life Assurance (Malaysia) Berhad, Insurance Investments 4,857,300 MYR267.2k 0% no data
0.24%
Wai Kiat Liew 4,836,500 MYR266.0k 0% no data
0.22%
Lee Hieh Tang 4,445,600 MYR244.5k 0% no data
0.22%
Teck Low 4,400,000 MYR242.0k 0% no data
0.21%
Kam Fook Puan 4,162,300 MYR228.9k 0% no data
0.21%
Meng Tey 4,100,000 MYR225.5k 0% no data
0.18%
Choh Piau Soh 3,599,000 MYR197.9k 0% no data
0.18%
Hui Min Sia 3,510,609 MYR193.1k 0% no data
0.18%
Kim Yong Chia 3,475,000 MYR191.1k 0% no data
0.18%
- Saravanan 3,470,000 MYR190.9k 0% no data

Posted by Good123 > 2023-01-26 21:12 | Report Abuse

Board Members
Name Position Tenure Compensation Ownership

Chuan Khow
Executive Director – Finance & Executive Director 1yr no data no data

Seng Wui Leong
Group Executive Director 0.92yr no data 6.28%
MYR 6.8m

Nguon Yong
Independent & Non Executive Director 0.50yr no data no data

Keok Ng
Independent & Non-Executive Director 1yr no data no data

Syafinaz Binti Isahak Merican
Independent & Non Executive Director 1.67yrs RM34.68k no data

Aang Bin Firmansyah
Independent Non Executive Chairman 0.58yr no data no data

Kok Lim
Non-Independent Non-Executive Director 0.17yr no data 18.09%
MYR 19.7m

Mun Chong
Independent Non-Executive Director 0.17yr no data no data

Posted by Good123 > 2023-01-27 08:36 | Report Abuse

New mgmt new strategy to stop bleeding... Wait n see...

Posted by Good123 > 2023-01-27 08:38 | Report Abuse

Free float is high ... If play, it could surge like crazy too like cypark also after a substantial pp like GP

Ownership Breakdown
Institutions 0.2%
4,857,300 shares
Private Companies 0.3%
6,700,000 shares
Public Companies 1.3%
26,273,280 shares
Individual Insiders 30.8%
609,229,149 shares
General Public 67.3%
1,332,861,765 shares

Posted by Good123 > 2023-01-27 17:06 | Report Abuse

Historical p/b value always higher than 2.

Nta 5sen x 2 =10sen or higher

Gp is performing better with the new mgmt disposing loss making subsidiaries, etc...

With seriousness to show profit or turnaround without hanky panky, it could hit 10sen or higher this year... Fingers crossed

Posted by Good123 > 2023-01-27 17:40 | Report Abuse

DISPOSAL OF 100% EQUITY STAKE IN XENDITY SDN BHD TO INNOV8TIF HOLDINGS SDN
BHD FOR CASH CONSIDERATION OF RM17.5 MILLION (COLLECTIVELY REFERRED TO AS
DISPOSAL OF THE TARGET SALE SHARES)
Further to the Company’s announcement dated 20 January 2023 (“Announcement”) on the Disposal of the
Target Sale Shares. The Company hereby furnish additional information for your attention and information.
Unless otherwise defined, the definitions set out in the Announcement shall apply herein.
1. Conditions Precedent under the SSA
Other than the Due Diligence Exercise which includes the due diligence investigation into the
Vendor’s title to the Target Sale Shares, the financial and legal due diligence on the Target Company
as disclosed in Section 2.3.1 of the Announcement, there were no other conditions precedent under
the SSA.
2. Original cost of investment and date of the investment in Xendity Sdn Bhd (“XSB”) by Xendity
Pte Ltd (“XPL”)
The original cost of investment of XPL’s 100% equity stake in XSB was:
Date of the investment Original cost of investment
(RM)
01.11.2017 2
06.08.2018 99,998
23.06.2021 2,441,697
2,541,697
3. Value of XSB derived from Discounted Cash Flow (“DCF”), key bases and assumptions used
The indicative value of XSB derived from the DCF is approximately RM17.68 million, based on the
management’s best estimate after taking into consideration the following key bases and
assumptions:
Projected period 5 years from financial year ending (“FYE”) 2023 to FYE 2027
Discount rate 16.60%
Terminal growth rate 2.70%
Terminal value RM9.8 million
Revenue growth rate per
annum (1)
9% to 90%
Net profit margin across the
projected period
11% to 23%
Note:
(1) XSB’s main source of revenue is generated from the set-up and implementation,
subscription, transaction and onboarding, technical support and development services in
relation to the e-KYC technology. The growth percentage per annum above are projected
based on the management’s estimated overall growth rate of XSB across the projected
period.

Posted by Good123 > 2023-01-27 17:40 | Report Abuse

DISPOSAL OF 100% EQUITY STAKE IN XENDITY SDN BHD TO INNOV8TIF HOLDINGS SDN
BHD FOR CASH CONSIDERATION OF RM17.5 MILLION (COLLECTIVELY REFERRED TO AS
DISPOSAL OF THE TARGET SALE SHARES)
The Consideration for the Disposal of the Target Sale Shares of RM17.50 million represents a
discount of approximately 1.02% to the abovementioned indicative value of RM17.68 million.
4. Further rationale for Green Packet Berhad (“GPB”) on the Disposal of the Target Shares
The Group has been making losses for the last five financial years. The Group has implemented
asset rationalisation and business optimisation measures via the disposal of non-core or non-profit
making assets which are not primary revenue or profit generating for the Group in order to improve
the Group’s financial position.
XSB’s business would require substantial resources such as extensive funding, highly skilled
manpower and continuous enhancement of its solutions in order to remain competitive in the
everchanging market and to penetrate the wider regional customer base before the Group is able to
crystalise the potential earnings thereon. Thus, the Disposal of the Target Sale Shares is viewed
positively to provide an opportunity for the Group to immediately unlock and realise the value of the
investment and assets in XSB. The disposal proceed of RM17.5 million could be reallocated to
further expand the Group’s existing core businesses such as Fintech and Communication
businesses to:
i. Build strategic partnership, upsell additional modules and expand customer base for Digital &
Financial Services business; and
ii. Improve operational efficiency for wholesale voice traffic and rapid diversification into wholesale
data to improve earnings for the Communication business.
GPB will continue to evaluate the future plan for XPL as an investment holding company.
This announcement is dated 27 January 2023.

Posted by Good123 > 2023-01-27 17:41 | Report Abuse

OTHERS ADDITIONAL INFORMATION - DISPOSAL OF TARGET SALE SHARES
GREEN PACKET BERHAD

Type Announcement
Subject OTHERS
Description ADDITIONAL INFORMATION - DISPOSAL OF TARGET SALE SHARES
Further to the Company’s announcement dated 20 January 2023 (“Announcement”) on the Disposal of the Target Sale Shares.



The Company hereby provide additional information for your attention and information.



Details of the announcement are set out in the file attached below.



This announcement is dated 27 January 2023.




Please refer attachment below.

Attachments
GPB - Disposal of Xendity Additional Information (final).pdf
132.7 kB

Announcement Info
Company Name GREEN PACKET BERHAD
Stock Name GPACKET
Date Announced 27 Jan 2023
Category General Announcement for PLC
Reference Number GA1-27012023-00038

Posted by Good123 > 2023-01-30 10:05 | Report Abuse

Harus 10sen++ p/b value > 2, historically speaking.. kini new mgmt jauh lebih mantap :)

Posted by Good123 > 2023-01-30 10:35 | Report Abuse

Best strategy, conserve cash n focus on turning around and work with tencent china

Posted by Good123 > 2023-01-30 13:05 | Report Abuse

Pastikan jualan , aliran tunai positif & untung terbijak

Grow by acquiring loss making startup is over

Posted by future > 2023-01-30 17:33 | Report Abuse

Maybe youre right Good123, HongSeng today top, same player in GPacket, rotational to come

Posted by Good123 > 2023-01-30 20:09 | Report Abuse

But dont put all your money in gp .. still loss making... Not turnaround yet... For profitable ones e.g. fgv, senheng, etc

Posted by Good123 > 2023-01-31 07:16 | Report Abuse

My worry with GP is more and more private placement to implement the cloud project of tencent ~rm100mil

Discount price for pp could be up to 18%+++

Evaluate yourself, dont blame others when you buy gp shares

Posted by eatsmall > 2023-02-03 11:38 | Report Abuse

bila nak naik niiii..

Posted by King_trader_shadow > 2023-02-09 11:41 | Report Abuse

Guys this company is seriously should be delisted

Pointless to invest a company with lamest revenue

Posted by King_trader_shadow > 2023-02-09 11:41 | Report Abuse

Guys this company is seriously should be delisted

Pointless to invest a company with lamest revenue