General Tan Sri Dato’ Sri Hj. Suleiman bin Mahmud RMAF (Rtd) Independent Non-Executive Director/Chairman Mejar Dato’ Ismail bin Ahmad (R) Non-Independent Non-Executive Director Ong Tee Kein Non-Independent Non-Executive Director Professor Dr. Sureswaran Ramadass Independent Non-Executive Director Chuah Hoon Hong (appointed on 26.02.2020) Independent Non-Executive Director Tan Sik Eek Executive Director
Name : General Tan Sri Dato’ Sri Hj. Suleiman Bin Mahmud RMAF (Rtd) Age : 73 Nationality : Malaysian Gender : Male Position in the Company : Independent Non-Executive Director / Chairman Qualification : He holds the following qualifications:- a) Graduate of Royal New Zealand Air Force and Staff College b) Post graduate Diploma in Business Administration c) Master Degree in Operational Research and Systems Analysis from University of Aston in Birmingham, United Kingdom. Working Experience : General Tan Sri Dato’ Sri Hj. Suleiman was appointed to the Board on 14 October 2009. He has joined the Federation Military College in January 1965, and was commissioned into the Royal Malaysian Air Force on 5 August 1965. He did his basic flying training at the RMAF Flying Training School in Alor Setar, graduating in August 1966. He then went on to fly the Alouette III helicopters and in 1967, qualified as a helicopter instructor after completing an instructor’s course in the United Kingdom. General Tan Sri Dato’ Sri Hj. Suleiman has a vast experience as a pilot having flown helicopters, fixed wing transport and fighter aircrafts. He had served as a Squadron Commander of the Sikorsky S-61 Helicopter Squadron and the Dart Herald Transport Squadron. He also flew the C-130H Hercules, the Aermacchi MB-339, the F-5E and the CN-235-220. Throughout his career, General Tan Sri Dato’ Sri Hj. Suleiman has been assigned to several staff and operational appointments, and of importance was his appointment as the Director of Armed Forces Development Plans in the Malaysia Armed Forces Headquarters. In 1989, he was appointed the Base Commander of RMAF Base, Butterworth, a Fighter Operational Air Base. Later, he was assigned as the Commander of the RMAF Air Training Command. He was then promoted to Brigadier General RMAF and took over command of No. 1 Air Division, an Air Defence (and Fighter) Command. He later moved to the post of Brigadier General Staff (Operations) at the Air Force Headquarters in Kuala Lumpur. On his promotion to Major General RMAF in June 1994, he was appointed as the Chief of Staff Operations and later on, was assigned as the Chief of Staff Policy and Plans. In August 1996, he assumed the post of the Deputy Chief of Air Force, and was upgraded to the rank of Lieutenant General RMAF on the same post, in June 2000. General Tan Sri Dato’ Sri Hj. Suleiman was promoted to the rank of General RMAF and assumed the appointment of the Chief of the Royal Malaysian Air Force on 11 June 2001. He retired on 4 June 2003 at the age of 56.
************Currently, he is also a director of Melewar Industrial Group Berhad and Ericsson (M) Sdn Bhd.
Name : Professor Dr. Sureswaran Ramadass Age : 54 Nationality : Malaysian Gender : Male Position in the Company : Independent Non-Executive Director Qualification : He holds the following qualifications:- a) Degree of Bachelor in Computer Engineering b) Masters in Electrical and Computer Engineering from the University of Miami, USA in 1990 c) Doctorate from USM Working Experience : Professor Dr. Sureswaran was appointed to the Board on 1 April 2005 as NonIndependent Non-Executive Director of the Company and redesignated as Independent Non-Executive Director of the Company on 30 August 2017. He started off his career in 1990 as a senior member of the technical staff of the research team of MODCOMP, Inc., a Florida-based research company focused on the R&D of real-time systems. He has worked with numerous customers to benchmark their needs, including National Aeronautics and Space Administration Engineers. He left in 1991 and joined ICON Business System, Inc. (Florida) as Senior Consultant. He was subsequently promoted to Vice President Engineering and was responsible in overseeing the entire engineering and R&D divisions of ICON Business Systems, Inc. (Florida). He joined USM in 1992 as a lecturer and was the founding Director and Professor at the National Advanced IPv6 Centre, USM. His recent achievements include being awarded Fellowship Award by the Wireless World Research Forum steering board member in April 2010. He was also awarded the National Academic Leader for Innovation and Commercialization in 2008 & 2009 by the Minister of Higher Education and Malaysia Innovation Award by the Prime Minister in 2007 and again in 2009. During his tenure at USM, he has a research partner/consultant to many companies in Malaysia including Telekom Malaysia Berhad, NCR Corporation, IBM Inc., MIMOS Berhad, Cabletron Systems Sdn Bhd and Compquest Sdn Bhd. He is currently a Professor Emeritus at the Malaysia University of Science and Technology and also the Chief Scientist at CrystalviewHD Sdn Bhd (formerly known as NLTVC Sdn Bhd). CrystalviewHD is a Next Generation Internet Communications research and development company. He also holds numerous positions in global organizations including Chairman, Steering Committee of the ITU-MUST IPv6 and IoT Centre of Expertise, A13 project, which is a research-based project sponsored by the Japanese Government. He was also a nominated candidate for the position of Director of the Internet Corporation for Assigned Names and Numbers in 2000 (ICANN). He was also the Head of APAN (Pacific Advance Networks: www. apan.net) for Malaysia. He is one of the four Steering Committee Members and the IPv6 Domain Head for MYREN (Malaysian Research and Education Network) and was the Chairman of the Asia Pacific IPv6 Task Force (APV6TF) and Emeritus Chair of IPv6 Forum Education Programme. Over the years, he has published over two hundred (200) national and international level research papers as well as written chapters and provided writing materials for a few books in the area of multimedia conferencing.
Name : Tan Sik Eek Age : 44 Nationality : Malaysian Gender : Male Position in the Company : Executive Director Qualification : He holds the following qualifications:- a) Degree in Economics and Political Science at the University of Sydney, Australia Working Experience : He was appointed appointed to the Board on 6 April 2018. He has more than a decade of experience ranging from corporate finance advisory to private equity investments. He was previously a partner in a private equity firm focused on investing in companies seeking growth funding and pre-IPO capital. Prior to that, he was specialising in securing funding from a series of established North America global opportunity fund, for companies listed on the regional capital markets.
Promote over here no use 1 la...like ajib gor said...cash is king...list out all those rubbish info...who cares...every1 know your father is a male and your mother is a female...go collect money from your fren and family is the better way....lol
Name : Alvin Ng Ewe Beng (Alvin) Age : 44 Nationality : Malaysian Gender : Male Position in the Company : Senior Sales and Marketing Manager Qualification : He holds the following qualifications: - a) b) Bachelor of Accountancy, Major in Financial & Liquidation from Royal Melbourne Institute of Technology, Melbourne, Australia Victorian Certificate of Education from Caufield Grammar School Melbourne, Australia Working Experience : Alvin joined Mlabs in November 2019 as a Senior Manager in Sales and Marketing and hold the responsibilities in overseeing the Mlabs Group’s local and oversea market. Alvin has more than 21 years of experience in sales and marketing with differences industry. He began his career in marketing with Optus Communications Pty Ltd – Australia in telecommunication industry. After that he returned to Malaysia in Oct 2000 and joined VADS Berhad afterwards as an Account Manager in telecommunication industry and joined RHB Bank Berhad in year 2005 as a Cash Management Manager in banking industry. He was also having sales experience in FMCG industry and Pharmaceutical industry with Sinar Indofoods Sdn. Bhd. and Zuellig Pharma Sdn. Bhd. In 2015, Alvin appointed as a general manager of Netx Holdings Berhad in IT industry. He is directs and coordinates activities of one or more departments, such as sales, business support and operations, or a major division of the business organization and aids chief administrative officers in formulating and administering organization policies by performing the following duties personally or through subordinate managers.
Name : Phua Leong Kui (Will) Age : 42 Nationality : Malaysian Gender : Male Position in the Company : Senior Business Development Manager Qualification : He holds the following qualification: - a) Bachelor of Science in Computer Science from Michigan Technological University, USA. Working Experience : Will was joined the company on 1 October 2020 as Sales Manager. He was subsequently promoted to the post of Senior Business Development Manager overseeing the growth of our businesses especially on collaboration and solutioning. Will also plays a key role in maintaining good relationships with strategic business partners and customers. Will has 20 years of experience in IT industry spanning across various industries and covering multiple geographies. He began his career as a programmer with an insurance company in year 2000. In year 2004, he started to explore in IT solutioning and moved on to presales and business analyst roles in various companies including Sunway Business Systems Sdn Bhd, Mesiniaga Berhad and Integrated Automated Workflow Malaysia (IAWM) Sdn Bhd. During his tenure in IAWM, he was involved with projects in countries like Canada, Philippines, Singapore, Indonesia, and Bangladesh. In year 2013, Will went to Taipei, Taiwan ROC to join Neutec Limited for 2 and a half years as a Technical Consultant focusing on new business development. During his tenure with Esri Malaysia Sdn Bhd, he was featured as one of the technical speakers in the annual user conference for 2 consecutive years.
Ini olang good123 sama org dengan ini victor yong la... Cara print screen cakap pon sama mah... Ka ka cau cau saja. Ngetroll jer org di sini yg masih shareholders... Troll 9 us... Indah apa. Genius saham kasi makan taik tiap tiap hari
~30 cash + cash from RI ~ RM100mil cash & cash equivalents sekarang kan?.
MLABS SYSTEMS BERHAD Company No. 200401014724 (653227-V) (Incorporated in Malaysia) CONSOLIDATED INTERIM FINANCIAL STATEMENTS FOR THE QUARTER ENDED 30 SEPTEMBER 2020
CASH AND CASH EQUIVALENTS Net changes 6,428 (8,822) Effects of changes in foreign exchange rate 303 3 Brought forward 22,490 22,591 Carried forward 29,221 13,772 Cash and cash equivalents at the end of the financial period comprise the following: Cash and bank balances and short-term funds 29,221 13,772
Ada berita baru mengenai bisnesnya di Hongkong dan China tak lama lagi kut?
On 15 July 2020, Champagne Carbon Asia Limited incorporated a wholly owned subsidiary, Shenzhen Carbon Champagne Development Limited (“SCCDL”) with a registered paid up capital of RMB1,000,000. On 10 August 2020, the Company subscribed 52,000 new ordinary shares at RM1.00 for a total consideration of RM52,000 representing 51% shareholdings of Longhouse. Upon completion, Longhouse became a 51% On 7 September 2020, the Company subscribed 150,000 new ordinary share at HKD1.00 for total consideration of HKD150,000 representing 60% shareholdings of Linkodes International Limited.
Showing leapfrogging improvement even during pandemic period :)
Material Changes in Financial Performance for the Quarter Compared with Immediate Preceding Quarter Quarter Ended Changes (%) 30.09.2020 30.06.2020 Group Results RM’000 (unaudited) RM’000 (unaudited) Revenue 2,986 822 >100% Gross profit 827 321 >100%
The Group registered higher revenue of RM2.98 million in the current financial quarter compared to immediate preceding financial quarter of RM0.82 million. The higher revenue and gross profit are mainly generated from our subsidiary Inbase.
Social distancing SOPs had been imposed in Malaysia to curb the rise of Covid-19 cases, with the restriction in movement and other measures limiting the close contact of people. However, the Group sees this as an opportunity to grow the multimedia video conferencing business as it has been an important communication tool to connect clients, colleagues, business partners and other stakeholders. The Group intends to expand the video conferencing business by collaborating into the field of telemedicine as well as broadcasting and livestreaming. Nevertheless, the Group continues to explore potential investment or acquisition in complementary business or asset. At this juncture, the Group is in discussion for potential collaboration of providing video conferencing facilities to healthcare providers. The succession of this collaboration is expected to provide a stable and recurring income stream via the monthly subscription fees. The demand for telemedicine is expected to grow in future corresponding to the increase in the demand of healthcare services. The Group had in August 2020 acquired a 51% equity interest by way of ordinary share subscription and subscription of RCPS up to RM3.0 million in Longhouse, a film production company. The rationale for investing into a film production company is to capitalise on the availability of government grants to encourage local film production and to leverage on our existing technological capabilities that can be applied in film production. The Group will continuously seek opportunities to expand its business in the ICT industry, complementing the current business and tap into the ongoing trend of digitalisation of the economy.
Exercise price for warrant=9sen, Market price for ordinary share now = 10sen, Warrant price should be 1 sen when open for trading unless the ordinary share price rises / improves further today
Let's see the average cost per share based on 20 shares purchased before consolidation. THE BASIS OF 12 RIGHTS SHARES TOGETHER WITH 7 FREE WARRANTS C FOR EVERY 2 MLAB SHARES HELD.
20 mlab shares (bought at 2sen on the last day before consolidation) = 20 x 2 sen =40sen for 2 shares.
Subscribe for 12 shares under RI = 12 x 9sen = RM1.08.
Average cost per share = RM1.48/14 ~10.57sen
Harga kini 10sen = RUGI. If bought higher than 2sen before last day for consolidation, rugi lagi besar :)
Andaikan 7 free warrant bagi 12 RI shares subscribed, nilai warrant jika syer biasa masih 10sen= 7 x 1sen = 7 sen.
Masih Rugi, jika kos belian sesaham sebelum konsolidasi melebihi 2 sen, rugi lagi besar.
Wait n see, semua pihak rugi termasuk major shareholders kan? :)
Semua pihak rugi termasuk pekerja :)
Issues, Repurchases, and Repayments of Debt and Equity Securities There is no issues, repurchases, and repayments of debts and equity securities of the Group during the current financial quarter and period except for:-
i. On 6 July 2020, the Company announced the fixed issue price of 110,000,000 private placement shares at RM0.0318 each and were issued on 8th July 2020. ii. On 7 July 2020, the Company announced the fixed issue price of 57,365,000 private placement shares at RM0.0452 each and were issued on 21st July 2020.
iii. On 17 July 2020, 65,000,000 shares option were offered to eligible employee at an exercise price of RM0.05 each and were issued on 6th August 2020.
Events after the End of the Quarter i. On 1 September 2020, the Company proposed to consolidate of every 10 existing ordinary shares in the Company into 1 share. The consolidation had been completed on 5 November 2020, in which 1,258,539,027 shares had consolidated into 125,853,870 Consolidated Shares. ii. On 1 September 2020, the Company proposed renounceable right issue of up to 755,123,412 new shares together with up to 440,488,657 free detachable warrants in the Company (“Warrant C”) on the basis of 12 Rights Shares together with 7 free Warrants C for every 2 existing shares. The abridged prospectus has been released to the public on 13 November 2020. The closing date for acceptance and payment for provisional allotment and excess Rights Shares is on 30 November 2020. iii. On 6 October 2020 and 11 November 2020, the Company subscribed Redeemable Convertible Preference Shares (“RCPS”) in Longhouse Films Sdn Bhd (“Longhouse”) amounted to RM1,000,000. iv. On 19 November 2020, Mlabs Research Sdn Bhd (“Research”), a wholly owned subsdiary of the Company had entered into a Digital Distribution Agreement with mTouche International Sdn Bhd to promote, market, and distribute Novel Coronavirus (SAR-CoV-2) RP-PCR Detection and Diagnostic kit and Novel Coronavirus (SAR-CoV-2) lgM/lgG Rapid Test Kit, and other equivalent products in Malaysia and South East Asia Region only through the Group’s digital distribution channel.
Mlabs Research shall provide its products including but not limited to video-conferencing and messaging systems besides network solutions to Ipharmacare.
Mlabs Systems said Ipharmacare will incorporate video-conferencing and messaging systems besides network solutions into the latter's online pharmaceutical platform known as iPharma.care.
"Ipharmacare is a private limited company incorporated in Malaysia which [is] primarily involved in the business of providing online pharmaceutical products and services to merchants and customers through its online pharmaceutical platform. The agreement is for a period of three years, commencing on and from March 27, 2020, unless otherwise mutually extended or terminated. Either party may terminate the agreement upon delivery of written notice at least 90 days prior to such termination,” Mlabs Systems said.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Citadel12
1,045 posts
Posted by Citadel12 > 2020-12-10 16:46 |
Post removed.Why?