Posted by Bursa Wolf > 2020-06-21 11:29 | Report Abuse

S5 Systems提出倒置收购 ConnectCounty承认洽谈中



（吉隆坡16日讯）ConnectCounty Holdings Bhd正与相关方就涉及S5 Systems私人有限公司的潜在倒置收购进行谈判。

电缆和电线制造商ConnectCounty今日向大马交易所报备，它尚未就此事签署任何协议。

“但是，如果此事有进一步的发展，公司将酌情发布必要的公告。”

ConnectCounty说：“董事部意识到有必要向公众适当传播信息，将就任何重大问题及时发布相关公告。”

针对klse.i3investor.com网站上周六发表的一篇文章，ConnectCounty今天发布声明作出回应。

文章指出：“ ... ConnectCounty将成为S5 Systems进行后门上市（倒置收购）的下一个工具...”

截至下午4时11分，ConnectCounty跌1仙或3.03%，至32仙，市值为1亿2841万令吉，逾1亿8400万股转手。

Posted by Britishshorthair > 2020-06-21 12:16 | Report Abuse

@bursawolf, buy this week the edge. Came out in the edge newspaper. I cannot put screen shot here. assumption is not only S5 pushed their services to all the serive providers, but they can tender in low themselves. Because there must be some requirement which requires specifics fron S5. Talking about experience and database. This i believe is S5 trump card. So if thats the case, makes more sense for S5 to list. Hence they would be able to legitimate-kan their business if they list.

Posted by Britishshorthair > 2020-06-21 12:25 | Report Abuse

Have a quick look at the timeline, JB knew about this in december, just after they announced the retendering of skin to NIISE. Hence the reason for the reverse takeover must be to fullfill some sort of requirements set during that time.

On top of that, If you read all the articles and online properly, theres always some mention of experience and existing database. Which means S5 have records of all of these due to their past business. These records are what most bidders do not have. Hence i think the 90 million for 10% is not just payment for access to the data from myeg, but also S5 will use this for the reverse takeover.

The rest of the companies would not be able to "meet the requirement" without S5.

S5 would not be able to "meet the requirement" without listing , due to "KYC" requirement.

Hence S5 must comeplete the RTO and list to meet the final requirements. The RTO must be successfull for them to be able to clinch the contract. Hence connect county comes as the saviour. Again how they will revalue to 20 cents i have no clue. But i guess its by issueing new shares, or share split.

Posted by Bursa Wolf > 2020-06-21 13:24 | Report Abuse

thanks for the info brother

Posted by stncws > 2020-06-21 13:27 | Report Abuse

Jb Santaclause2020 KL1818..OLEDI RUNS...

Posted by High5 > 2020-06-21 13:46 | Report Abuse

So we wait for the run up or we cabut 1st...?

Posted by paulthesotong > 2020-06-21 15:45 | Report Abuse

Too many Cc common nemesis, Joker, Penguin, Mr Freeze, Poison Ivy, Scarecrow, Two Face, Riddler n the list go on..... n on..

Posted by HandsomeGain > 2020-06-21 15:46 | Report Abuse

Suggest cabut 1st.. It doesn't looks optimistic as the director also came up the star news.. Logically if this is genuine do u think director will come up publish? Personally I don't think so..

Posted by paulthesotong > 2020-06-21 15:54 | Report Abuse

Also in Edge Weekly .. Frankly Speaking " Cc must be upset with its staff, team of advisors n ib for allowing market sensitive information to be leaked to the public "!

Posted by thesigncom > 2020-06-21 16:37 | Report Abuse

I sincerely apologise to Justmeme and all offended by my insensitive remark on eating Japanese Harakiri for dinner when CC drops to 10 sen on Monday. MuDDywaterz... Cheers!

Posted by Doremon99 > 2020-06-21 16:56 | Report Abuse

I have another point of view of the cease of the director.
S5 RTO must be the controller so Ang must be removed.
From this statement I have a feeling this deal was done, just pending for the announcement or something have to be done before announcement.

Posted by High5 > 2020-06-21 18:26 | Report Abuse

Buy n sell based on our own judgment..
who ever said they know this n that...in fact dont know yet the true outcome...take yr own risk...

Posted by Jackchean > 2020-06-21 19:01 | Report Abuse

Monday will fly

Posted by Britishshorthair > 2020-06-21 19:18 | Report Abuse

All my stories all hypothesis ya

Posted by Britishshorthair > 2020-06-21 19:19 | Report Abuse

If you see connect county, got one husband wife suddenly buy alot shares become director or something, then suddenly resigned. I think they are the proxies to the deal

Posted by Serizawa > 2020-06-21 19:20 | Report Abuse

confirm fly tomorrow

Posted by noorgreen > 2020-06-21 19:23 | Report Abuse

Not yet laa..jb said 20c before fly to 50-70

Posted by Anderu > 2020-06-21 20:53 | Report Abuse

Buy if got confirmed lorh, up down up down won't gap up oso, still 20-30cts, seems downside risk more

Posted by Anderu > 2020-06-21 21:01 | Report Abuse

If target RM1, limit up oso 60 cents only scare what go in anytime later lul

Posted by High5 > 2020-06-21 23:01 | Report Abuse

https://www.thestar.com.my/business/business-news/2020/06/20/short-position---strange-partners

Posted by bursahunter > 2020-06-21 23:37 | Report Abuse

will the 10m new shares listed tmr cause a selldown tmr?

Posted by Britishshorthair > 2020-06-22 08:17 | Report Abuse

10 million insignificant in 370 million shares..3% only. 3% influence drop to 20 cents.... very difficult to tell.. see la.. if they keep selling the 10 million shares. Can roughly see how drama unfolds based on story, but cannot see how the 20 cents come about.

Posted by SmoothDriving > 2020-06-22 08:39 | Report Abuse

I believe Most of 10m shares has been Sold last Friday, that why price dipped 2.5c

Posted by bursahunter > 2020-06-22 08:54 | Report Abuse

the 10m shares is listing today....lets see...if all wait at 0.2 then seller hav to sell at 0.2

Posted by High5 > 2020-06-22 08:56 | Report Abuse

Either going to fly or we all kena fry

Posted by Britishshorthair > 2020-06-22 09:38 | Report Abuse

high5- hahaha change name to highfry

Posted by Serizawa > 2020-06-22 09:39 | Report Abuse

Confirm fly this pundeh

Posted by Justmeme > 2020-06-22 09:42 | Report Abuse

Today listing of the 10 mil shares are those people who have bought the PA and pay 7.5 cts each and convert them to the mother shares.

Posted by Pie Yiee > 2020-06-22 09:46 | Report Abuse

konekkkk

Posted by SmoothDriving > 2020-06-22 09:55 | Report Abuse

As at 9.55am 10m shares done. Hopefully those converted shares sold at this level

Posted by High5 > 2020-06-22 10:12 | Report Abuse

Haha

Posted by High5 > 2020-06-22 10:13 | Report Abuse

Hard to cari makan now low volumn across the board....

Posted by KLBullTrader > 2020-06-22 10:45 | Report Abuse

Konkekk that bitch

Posted by Anderu > 2020-06-22 11:18 | Report Abuse

I've been having dreams?

Posted by covid19la > 2020-06-22 11:31 | Report Abuse

show is over, time to leave the cinema ;)

Posted by alpacino > 2020-06-22 11:32 | Report Abuse

Waited so many days below 0.28. Now start picking 30 Sen range. Hope for the best to CC followers.

Posted by Justmeme > 2020-06-22 11:37 | Report Abuse

After so many news out lately. I think this counter will stay there for a while. The players will like to stay out of focus for a while but I guess they will try to keep the prices there. There should be another push later on for sure.

Posted by SmoothDriving > 2020-06-22 11:38 | Report Abuse

Hold tight2 don’t sell. Once sold, price may shoot up anytime, and u May miss the Rocket

Posted by alpacino > 2020-06-22 11:54 | Report Abuse

@justmeme agree with you. Hopefully a good week for us all.

Posted by HandsomeGain > 2020-06-22 12:40 | Report Abuse

I think already sell on news... Unless the real rto happen else will going down slowly...

Posted by Anderu > 2020-06-22 14:32 | Report Abuse

It's game over pals

Posted by thesigncom > 2020-06-22 15:30 | Report Abuse

Scomnet and MyEG already moved up a lot.

Posted by Anderu > 2020-06-22 15:41 | Report Abuse

Maybe real deal vs not so real deal XD

Posted by Justmeme > 2020-06-22 15:48 | Report Abuse

Everyone need a short rest.

Posted by Newbie Here > 2020-06-22 16:38 | Report Abuse

warrant 14cents. means if i buy and convert now , my cost is only 24 cents compare to mother now 30cents? pls correct me if i'm wrong.

Posted by Anderu > 2020-06-22 16:42 | Report Abuse

Yes, please buy and covert and terminate those day dreamers hope

Posted by KLBullTrader > 2020-06-22 17:04 | Report Abuse

S5 forerunner for NIIS. Please annouce the RTO asap

Posted by chyeoh1972 > 2020-06-22 17:18 | Report Abuse

taking 10 days to process...after 10 days the mother may be drop to 0.20...then you loss liao

Posted by chyeoh1972 > 2020-06-22 17:19 | Report Abuse

insider know..they have been covert at early stage now is time for them to sell

Posted by Joycelee > 2020-06-22 17:28 | Report Abuse

chyeoh , sell when drop?