Posted by koowakzai > 2019-02-23 00:21 | Report Abuse

Sideway for so long. Hibernating

Posted by skyea > 2019-02-24 16:15 | Report Abuse

Hi kookoowakwakzai

Posted by lachai2004 > 2019-02-24 16:56 | Report Abuse

I hold this counter for more than 10year ! I bought before bonus issue n added at about 30 c up ..... it's an old man counter

Posted by lachai2004 > 2019-02-24 16:57 | Report Abuse

But with good dividend

Posted by KY > 2019-03-20 13:20 | Report Abuse

Feeling someone is keeping accumulate this stock at lower price...something going to happen??

Posted by slee > 2019-03-25 18:15 | Report Abuse

OTHERS Outsourcing Services Agreement
REXIT BERHAD

Type Announcement
Subject OTHERS
Description Outsourcing Services Agreement
INTRODUCTION



Rexit Berhad ("Rexit" or the “Company") is pleased to announce that Rexit Software Sdn Bhd (“Rexit Software”), a wholly-owned subsidiary of the Company, had on 25th March 2019 entered into an Outsourcing Services Agreement (“Agreement”) with Great Eastern Takaful Berhad (“GETB”) to develop, manage and operate the mySalam portal for the eligible members. Rexit Software Sdn Bhd and Great Eastern Takaful Berhad (“GETB”) shall individually be referred to as “Party” or collectively as “Parties”).





SCOPE OF SERVICES



The scope of services includes the development, operation, management and maintenance of the mySalam portal for eligible members to access for enquiries and claim submission.





SALIENT TERMS



The Agreement shall commence and take effect from 1st January 2019 until 31st December 2023, irrespective of the date Agreement was executed. The Agreement may be renewed for a further period of two (2) years or any other specified period as required by GETB.


The Agreement may be terminated by either party at any time, upon three (3) days prior written notice if there has been a breach of security or confidentiality of Confidential Information.


The Agreement value will be calculated at RM1.40 per annum per eligible member subject to a maximum charge of 4,000,000 members.




FINANCIAL EFFECTS



The Agreement will not have any effect on the share capital and shareholding structure of the Company but is expected to contribute positively to the earnings of the Company and enhance net assets per share of the group for the financial year ending 30 June 2019 and onwards until the expiry of the Agreement.





RISKS IN RELATION TO THE AGREEMENT



Rexit does not foresee any exceptional risk other than the normal operational risks associated with the Agreement. Rexit will take the necessary steps to mitigate the risks as and when it occurs.





DIRECTORS' AND MAJOR SHAREHOLDERS' INTEREST



None of the Directors and/or major shareholders and/or persons connected with the Directors and/or major shareholders of the Company has any direct or indirect interest in the Agreement.





STATEMENT BY DIRECTORS



The Board of Directors of the Company is of the opinion that the acceptance of the Agreement is in the best interest of the Company



This announcement is dated 25th March 2019.







Announcement Info
Company Name REXIT BERHAD
Stock Name REXIT
Date Announced 25 Mar 2019
Category General Announcement for PLC
Reference Number GA1-25032019-00108

Posted by lachai2004 > 2019-03-25 18:49 | Report Abuse

The Agreement shall commence and take effect from 1st January 2019 until 31st December 2023, irrespective of the date Agreement was executed. The Agreement may be renewed for a further period of two (2) years or any other specified period as required by GETB.


The Agreement may be terminated by either party at any time, upon three (3) days prior written notice if there has been a breach of security or confidentiality of Confidential Information.


The Agreement value will be calculated at RM1.40 per annum per eligible member subject to a maximum charge of 4,000,000 members.

Posted by lachai2004 > 2019-03-25 18:51 | Report Abuse

So, max contribution per yr is 1.4x4 million= RM5.60 million

Posted by KY > 2019-03-25 21:16 | Report Abuse

mySalam portal: https://www.mysalam.com.my/b40/info/

Posted by lachai2004 > 2019-03-25 22:09 | Report Abuse

Rexit's revenue per quarter is about RM5 million, with the current contract it's revenue will eventually double; profit will double too!

Posted by slee > 2019-03-26 00:35 | Report Abuse

Hope can help me generate another 10k. Haha..

Posted by slee > 2019-03-26 16:37 | Report Abuse

Become uptrend counter d...

Posted by darkstar > 2019-03-26 23:27 | Report Abuse

lai lai

Posted by lachai2004 > 2019-03-26 23:29 | Report Abuse

Shares bought back by company at 0.67-0.70.

Posted by crash8593970308 > 2019-03-27 19:53 | Report Abuse

can get back capital + interest better run like usain bolt

Posted by chesslim > 2019-03-27 21:24 | Report Abuse

TP 1.00 above this year.

Posted by KY > 2019-03-29 08:54 | Report Abuse

https://www.malaymail.com/news/malaysia/2019/03/28/minister-govt-may-raise-age-eligibility-limit-for-mysalam-scheme/1737305

mySalam target/widen the age group coverage this will generate more income to Rexit. As Malaysian is going to be under ageing country in few more year.

Posted by lachai2004 > 2019-04-17 19:17 | Report Abuse

Possible of coming Quarter result profit up by 20-40%! ^=^

Posted by YAPSS > 2019-05-08 22:09 | Report Abuse

Day 66 of Fundamental Daily, YAPSS will be covering Rexit Berhad's fundamental via a short animated video. It is solely based on my opinion and I hope it helps :) #YAPSS #FundamentalDaily #RexitBerhad

Click the on the link to find out more: https://youtu.be/od3VoCdMxHY

Posted by lachai2004 > 2019-05-08 23:22 | Report Abuse

With mysalam, likely coming Q results will show good profit:-)

Posted by chesslim > 2019-05-24 22:06 | Report Abuse

Good profit out today.

Posted by lachai2004 > 2019-05-24 23:09 | Report Abuse

Profit up by 12% only :-(

Posted by lachai2004 > 2019-06-26 19:53 | Report Abuse

Rexit's price has moving up with not much volume in anticipation of better next quarterly result due to Mysalam contributions started to gain momentum ?

Posted by shernlee > 2019-07-13 11:55 | Report Abuse

jus have to wait tho..i believe this company will be one of the top performer in few years soon..

Posted by skyea > 2019-10-12 02:43 | Report Abuse

https://www.klsescreener.com/v2/news/view/589248

Posted by lachai2004 > 2019-10-13 09:02 | Report Abuse

（吉隆坡11日讯）财政部长林冠英指出，B40国家健康保险计划（mySalam）将扩大至年收入高达10万令吉者，即M40群体（中产阶级）。

他说，受保者确诊患上严重疾病及入住政府医院，将获得4000令吉严重疾病给付，同时可申领每天50令吉的收入补贴，长达14天，这项措施将让500万名大马人受惠。



他指出，该保健计划涵盖45种疾病包括小儿麻痹症和绝症，比现有的36种多，同时受保年龄从55岁提高到65岁，受惠人数增至150万名。

他说，MySalam是希盟政府为430万人推出的新社会保障计划，所有18至55岁生活援助金家庭受惠者自动获得保障。

他说，生活援助金家庭受惠者若患上严重疾病及入院，将获得8000令吉现金给付，以及可申领每天50令吉的收入补贴，长达14天。

他指出，政府也推出B40体检计划（PEKA B40），为50至60岁人士提供非传染疾病如精神健康和癌症的筛检和及早干预性治疗，已有10万人在此计划下受惠，政府将扩大让40岁及以上人士也受惠。

Posted by lachai2004 > 2019-10-13 09:07 | Report Abuse

這是有利的消息但如果它没反应或迟钝，那就不対路了！

Posted by skyea > 2019-10-14 02:03 | Report Abuse

my salam already under rexit. and eligibility widening will bring in more revenue for rexit. this is very reliable source of growth. no room left for doubt already.

Posted by slee > 2019-10-24 07:11 | Report Abuse

This counter is slow and standby...Buy .... will get dividend end of this year. ..Few more month to go

Posted by lachai2004 > 2019-10-27 19:17 | Report Abuse

This company has qualified for the main board listing of which accumulated 3 years' profits had achieved 20 millions, share spread of 25% held by 1000 shareholders, but the management was not keen to transfer it due to high listing cost as mentioned in the previous AGM. Will the management change their minds?

Posted by slee > 2019-11-08 00:15 | Report Abuse

I believe engine will start soon....

Posted by slee > 2019-11-12 22:32 | Report Abuse

Stay tune...

Posted by koowakzai > 2019-11-23 20:28 | Report Abuse

Waiting

Posted by slee > 2019-11-27 18:58 | Report Abuse

Report not bad... Dividend 30

Posted by chesslim > 2019-11-27 20:42 | Report Abuse

Very good company.

Posted by smallfishyu > 2019-11-28 11:22 | Report Abuse

Business application solutions provider Rexit Bhd has secured a five-year outsourcing services agreement from Great Eastern Takaful Bhd (GETB) to develop, manage and operate the mySalam portal for eligible members.

The scope of services includes the development, operation, management and maintenance of the mySalam portal for eligible members to access for enquiries and claim submission, Rexit said in a filing with Bursa Malaysia today.

Posted by Invest123 > 2019-12-05 11:26 | Report Abuse

Good

Posted by YAPSS > 2019-12-14 19:30 | Report Abuse

YAPSS Quick Summary and Free 10 Years Financial Data of Rexit Berhad:
https://www.yapss.com/forum/klse-forum/rexit-berhad-rexit-0106

Posted by KY > 2019-12-27 14:58 | Report Abuse

A good fundamental company with consistent dividend payout...Is an undervalue stock, do believe something to prove before fly...

Posted by shernlee > 2020-01-21 21:36 | Report Abuse

time to innnnnnnnnnnnnnnnnnnnnn...jus folo supersamyyyyy!!!!!

Posted by slee > 2020-02-26 19:33 | Report Abuse

Quarterly report release..Nice

Posted by skyea > 2020-02-27 21:02 | Report Abuse

Securities Commission and Bursa Malaysia will waive listing fees for one year, for companies seeking listing on Leading Entrepreneur Accelerator Platform (LEAP) or Access, Certainty, Efficiency (ACE) markets, as well as companies with market capitalisation of less than RM500 million seeking listing on the Main Market

Posted by WLiang777 > 2020-02-28 01:11 | Report Abuse

Hope the Mgmt team takes the lead initiative in this free offer listing in main board !

Posted by shernlee > 2020-03-17 13:22 | Report Abuse

i in more..woohoooooo

Posted by shernlee > 2020-03-31 18:11 | Report Abuse

wow..fantastic..i am holding too...too bad ..share liquidity very low..they should transfer to main board n bonus issues

Posted by shernlee > 2020-04-20 10:45 | Report Abuse

volume too small...share liquidity got problem..coming agm need to shoot them for the liquidity...main board..so good counter but yet cant naik

Posted by Bursawise > 2020-04-20 16:37 | Report Abuse

need lots of patience..

Posted by shernlee > 2020-04-21 11:58 | Report Abuse

honestly speaking covid 19 benefit them ..detariffication insurance benefir them plus mysalam..weird nobody know..hhaha

Posted by WLiang777 > 2020-05-08 10:22 | Report Abuse

this is one of the inactive old man stock even though fundamental is good... the board of director is way too conservative !

Posted by master man > 2020-05-08 16:45 | Report Abuse

we need to change the management..rubbish price..no point to hold tis kind of stock...they never care about that share for so long...should split the share or get some fund in..base on their performance shouldnt be an issue.