MLABS SYSTEMS BHD

KLSE (MYR): MLAB (0085)

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Last Price

0.14

Today's Change

-0.015 (9.68%)

Day's Change

0.14 - 0.155

Trading Volume

14,560,200


7 people like this.

13,210 comment(s). Last comment by whistlebower99 2 days ago

Citadel12

1,045 posts

Posted by Citadel12 > 2020-12-10 16:46 |

Post removed.Why?

CityHuntEr

626 posts

Posted by CityHuntEr > 2020-12-10 16:48 | Report Abuse

Dont panic la...at least hold for another 1 month+....tan shit ate cant find the big shark so he have to play alone this time...hahahaha

PrinceofIpoh

1,306 posts

Posted by PrinceofIpoh > 2020-12-10 16:54 | Report Abuse

Tengok tan shit ate shld be playing with his friends now... Got to play alone nie... Suddenly byk sohais come and wrote ng 3 ng 4...

Good123

25,225 posts

Posted by Good123 > 2020-12-10 16:54 | Report Abuse

BOARD OF DIRECTORS

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

Good123

25,225 posts

Posted by Good123 > 2020-12-10 16:57 | Report Abuse

CORPORATE STRUCTURE sungguh indah :)

MLABS
RESEARCH
SDN BHD

GOLD
DRAGON
SDN BHD

MLABS
ACADEMY
SDN BHD

MLABS
PROPERTIES
SDN BHD

CHAMPAGNE
CARBON
SDN BHD

CHAMPAGNE
CARBON
ASIA
LIMITED

CARBON
CHAMPAGNE
TAIWAN
LIMITED

SHENZHEN
CARBON
CHAMPAGNE
DEVELOPMENT
LIMITED

INBASE
PARTNERS
LIMITED

LONGHOUSE
FILM
SDN BHD

INBASE
PARTNERS
TAIWAN
LIMITED

LONGHOUSE
ANIMATION
SDN BHD

Good123

25,225 posts

Posted by Good123 > 2020-12-10 16:58 | Report Abuse

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.

Good123

25,225 posts

Posted by Good123 > 2020-12-10 16:59 | Report Abuse

Impressive :)

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.

Good123

25,225 posts

Posted by Good123 > 2020-12-10 17:01 | Report Abuse

Genius saham juga ada, usah gelisah haha

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.

CityHuntEr

626 posts

Posted by CityHuntEr > 2020-12-10 17:01 | Report Abuse

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

Good123

25,225 posts

Posted by Good123 > 2020-12-10 17:02 | Report Abuse

Bagus !

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.

CityHuntEr

626 posts

Posted by CityHuntEr > 2020-12-10 17:02 | Report Abuse

I will hold until it become Rm2.50 like harvest...hahhaha...

Good123

25,225 posts

Posted by Good123 > 2020-12-10 17:02 | Report Abuse

Indah!

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.

CityHuntEr

626 posts

Posted by CityHuntEr > 2020-12-10 17:05 | Report Abuse

Memang cukup indah...sampai otak masuk air...jadi indah water....kepala otak....

PrinceofIpoh

1,306 posts

Posted by PrinceofIpoh > 2020-12-10 17:15 | Report Abuse

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

CharlesT

14,609 posts

Posted by CharlesT > 2020-12-10 17:20 | Report Abuse

By now it seems all the waterfish here die hard just like Netx earlier...

Will they goreng after the listing of rights n wa next week?

Citadel12

1,045 posts

Posted by Citadel12 > 2020-12-10 17:22 |

Post removed.Why?

CharlesT

14,609 posts

Posted by CharlesT > 2020-12-10 17:23 | Report Abuse

Specially dedicated to princeofipoh who called my stock god when i made such prediction that Mlab will be the second Netx weeks ago....lol

Really stock god right???

CharlesT

14,609 posts

Posted by CharlesT > 2020-12-10 17:25 | Report Abuse

Trust me retards can hardly make money fm stock mkt....

PrinceofIpoh

1,306 posts

Posted by PrinceofIpoh > 2020-12-10 17:38 | Report Abuse

As contratrian said, if you hv made rm 100,000 above profit, you wont spend more than 25 words on this page.

PrinceofIpoh

1,306 posts

Posted by PrinceofIpoh > 2020-12-10 17:39 | Report Abuse

I will hold to rm 2... Means 2 kupang... Janji ialah janji yg indah dari dulu.. Mana bilis kecil...

CharlesT

14,609 posts

Posted by CharlesT > 2020-12-10 17:49 | Report Abuse

Make or not make rm100k doesnt matter...at least not to lose money badly until cursing the boss of the co here everyday loh...lol

PrinceofIpoh

1,306 posts

Posted by PrinceofIpoh > 2020-12-10 18:36 | Report Abuse

Are you the boss?
If not, then what makes you here?
Ex loser of mlabs ka?

CharlesT

14,609 posts

Posted by CharlesT > 2020-12-10 18:40 | Report Abuse

Simply adding salts into yr wounds only dont worry

Good123

25,225 posts

Posted by Good123 > 2020-12-10 21:08 | Report Abuse

Oct 30 closed at 2 sen before consolidation. after consolidation = 2sen x 10 shares = 1 share=20sen.

After consolidation, the average cost per share:

[(total shares now 880,973,913 less RI qty 775,123,220) x 20sen] + [775,123,220 x 9sen] / 880, 973,913

= RM21.17m + RM69.76m / 880.97 m = 10.3sen per share based on closing price at 2sen before consolidation.


*current price is 10sen. (Rugi)

if purchased at higher than 2sen, rugi lagi besar.

Better wait and see, who are the new substantial shareholders? same as Netx, directors become new substantial shareholders or credit suisse??

PrinceofIpoh

1,306 posts

Posted by PrinceofIpoh > 2020-12-10 21:58 | Report Abuse

Mlabs substantial shareholder could be emerge next week. Mlab mesti lebih kuat daripada netx. Harap jangan jatuh macam netx lepas melonjak kkkk

fl888

7,627 posts

Posted by fl888 > 2020-12-10 23:53 | Report Abuse

Looks like Next will make from the free warrant issue...

AlfI3

1,277 posts

Posted by AlfI3 > 2020-12-11 05:02 | Report Abuse

Will buy its warrant when it still cheap at d begining

Victor Yong

8,271 posts

Posted by Victor Yong > 2020-12-11 07:04 | Report Abuse

Semua pihak rugi :)

FIRST UNITED TECHNOLOGY LIMITED 20-Nov-2019 Acquired 8,000,000 0.000 View Detail
NETX HOLDINGS BERHAD 20-Nov-2019 Acquired 8,000,000 0.000 View Detail
FIRST UNITED TECHNOLOGY LIMITED 19-Nov-2019 Acquired 10,000,000 0.000 View Detail
NETX HOLDINGS BERHAD 19-Nov-2019 Acquired 10,000,000 0.000 View Detail
FIRST UNITED TECHNOLOGY LIMITED 18-Nov-2019 Acquired 26,500,000 0.000 View Detail
NETX HOLDINGS BERHAD 18-Nov-2019 Acquired 26,500,000 0.000 View Detail
FIRST UNITED TECHNOLOGY LIMITED 15-Nov-2019 Acquired 24,600,000 0.000 View Detail
NETX HOLDINGS BERHAD 15-Nov-2019 Acquired 24,600,000 0.000 View Detail
FIRST UNITED TECHNOLOGY LIMITED 27-Jun-2018 Acquired 7,000,000 0.000 View Detail
NETX HOLDINGS BERHAD 27-Jun-2018 Acquired 7,000,000 0.000 View Detail
FIRST UNITED TECHNOLOGY LIMITED 25-Jun-2018 Acquired 6,000,000 0.000 View Detail
NETX HOLDINGS BERHAD 25-Jun-2018 Acquired 6,000,000 0.000 View Detail
FIRST UNITED TECHNOLOGY LIMITED 22-Jun-2018 Acquired 3,000,000 0.000 View Detail
NETX HOLDINGS BERHAD 22-Jun-2018 Acquired 3,000,000 0.000 View Detail
ASIA BIOENERGY TECHNOLOGIES BERHAD 15-Sep-2017 Notice of Interest 75,100,000 0.000 View Detail
ASIABIO CAPITAL SDN. BHD. 15-Sep-2017 Notice of Interest 75,100,000 0.000 View Detail
FIRST UNITED TECHNOLOGY LIMITED 15-Sep-2017 Notice of Interest 48,100,000 0.000 View Detail
NETX HOLDINGS BERHAD 15-Sep-2017 Notice of Interest 48,100,000 0.000 View Detail
ACE SOLUTION INVESTMENTS LIMITED 28-Aug-2012 Notice of Interest 10,000,000 0.000 View Detail
BENJAMIN LIM KEONG HOE 28-Aug-2012 Notice of Interest 10,000,000 0.000 View Detail

Victor Yong

8,271 posts

Posted by Victor Yong > 2020-12-11 07:06 | Report Abuse

RSI(14) Neutral 37.7
Stochastic(14) Oversold 7.7
Average Volume 31,585,800
Relative Volume 1.0

Victor Yong

8,271 posts

Posted by Victor Yong > 2020-12-11 07:11 | Report Abuse

~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

Victor Yong

8,271 posts

Posted by Victor Yong > 2020-12-11 07:12 | Report Abuse

Mlabs operates in promising markets

Geographical segments
The business segment is managed in few principal locations namely Malaysia, Thailand, China and Taiwan

Victor Yong

8,271 posts

Posted by Victor Yong > 2020-12-11 07:16 | Report Abuse

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.

Victor Yong

8,271 posts

Posted by Victor Yong > 2020-12-11 07:19 | Report Abuse

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.

Victor Yong

8,271 posts

Posted by Victor Yong > 2020-12-11 07:20 | Report Abuse

A blessing in disguise :)

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.

Victor Yong

8,271 posts

Posted by Victor Yong > 2020-12-11 07:21 | Report Abuse

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

Victor Yong

8,271 posts

Posted by Victor Yong > 2020-12-11 07:34 | Report Abuse

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.

7sen / 14 shares = 0.5sen per share.


Jadi, kos per syer bersih ~ 10.57sen - 0.5sen ~ 10.07sen


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.

Good123

25,225 posts

Posted by Good123 > 2020-12-11 08:04 | Report Abuse

banget panas Hari ini bagi mlab :)

Good123

25,225 posts

Posted by Good123 > 2020-12-11 08:28 | Report Abuse

In terms of value traded, small value ranging from few hundred thousand ringgits to few million ringgits per daily :)

Holding their shares tightly$$$

Date Close Volume
10/12/2020 0.10 32,250,100
09/12/2020 0.12 2,603,100
08/12/2020 0.115 1,196,900
07/12/2020 0.12 6,568,000
04/12/2020 0.115 4,083,300
03/12/2020 0.12 2,260,900
02/12/2020 0.12 6,291,400
01/12/2020 0.13 1,244,300
30/11/2020 0.125 8,514,300
27/11/2020 0.135 9,965,600
26/11/2020 0.135 2,732,600
25/11/2020 0.135 4,340,700
24/11/2020 0.14 12,081,000
23/11/2020 0.145 5,714,500
20/11/2020 0.155 21,941,700
19/11/2020 0.155 10,020,300
18/11/2020 0.15 3,934,900
17/11/2020 0.15 24,650,400
16/11/2020 0.155 12,358,200
13/11/2020 0.19 11,549,800

Good123

25,225 posts

Posted by Good123 > 2020-12-11 08:32 | Report Abuse

a big fight today b4 next monday

Good123

25,225 posts

Posted by Good123 > 2020-12-11 08:49 | Report Abuse

top 10 Stok teraktif Hari ini sampai minggu depan, jadi? :)

Good123

25,225 posts

Posted by Good123 > 2020-12-11 08:58 | Report Abuse

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.

Good123

25,225 posts

Posted by Good123 > 2020-12-11 09:09 | Report Abuse

trend macam Sama je dengan Netx, pressed down to 9sen then rebounded to 14.5sen kini

Good123

25,225 posts

Posted by Good123 > 2020-12-11 09:11 | Report Abuse

high volatility Hari ini expected

Good123

25,225 posts

Posted by Good123 > 2020-12-11 09:16 | Report Abuse

~8 m shares traded so early

Good123

25,225 posts

Posted by Good123 > 2020-12-11 09:17 | Report Abuse

tsunami Dah nak n dekat

Good123

25,225 posts

Posted by Good123 > 2020-12-11 09:17 | Report Abuse

~10 juta syer bertukar tangan

Good123

25,225 posts

Posted by Good123 > 2020-12-11 09:18 | Report Abuse

Makin hebat volume traded naik

Good123

25,225 posts

Posted by Good123 > 2020-12-11 09:18 | Report Abuse

~12m shares traded terus naik

Good123

25,225 posts

Posted by Good123 > 2020-12-11 09:20 | Report Abuse

~14m shares traded

Good123

25,225 posts

Posted by Good123 > 2020-12-11 09:21 | Report Abuse

see how ganas can it be today

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