Kindly be advised that at the request of JFTECH, trading in the Company's shares will be suspended with effect from 9.00 a.m, Monday, 26 October 2020 pending a material announcement.
Material announcement mean good news?then mostly share price will rocket up or down tuesday?dont really understand why company need to do suspension..any sifu can comment?
Pakar Perlembagaan Persekutuan Prof Dr Shamrahayu A. Aziz berkata darurat bermaksud suatu keadaan berkaitan keselamatan, ekonomi dan ketenteraman awam yang tidak dapat dikawal melalui sistem pentadbiran biasa.
Beliau berkata perisytiharan darurat adalah suatu pemasyhuran yang dibuat oleh Yang di-Pertuan Agong melalui suatu pewartaan bahawa keadaan tersebut telah wujud atau hampir berlaku.
“It was reported earlier today that Huawei had to stockpile critical radio chips ahead of Trump's sanctions, ensuring that it could have enough to supply for the US$170 billion roll-out of 5G technology through at least 2021.
A large bulk or 34% of JF Technology's total revenue for the full financial year ended June 30, 2020 came from its customers in China, followed by Malaysia (25%), the US (11%), the Philippines (9%), Thailand (7%), Taiwan (6%) and other countries (7%)”
wah... announcement is out. the strategic partner is Huawei. It is a JV company. JFtech holds 55% share & Huawei holds 45% share. Ya ho.....Expect to have limit up
The Board of Directors of the Company wishes to announce that JF International Sdn. Bhd. (“JF International”), a wholly-owned subsidiary of JF Tech had on 26 October 2020 entered into a Capital Increase Agreement and a Shareholders’ Agreement with Hubble Technology Investment Co., Ltd (哈勃科技投资有限公司), a wholly-owned subsidiary of Huawei Investment & Holding Co., Ltd. and JFH Technology (Kunshan) Co., Ltd. (杰冯测试技术(昆山)有限责任公司), a wholly-owned subsidiary of JF International.
last friday afternoon selling was due to politic uncertainty in malaysia. overall outlook for JFtech is still super positive in the long run. with the collaboration , imagine yourself hows the company will grow, plenty of potential. nobody will invest in a ACE company if they didnt research on them.
agreed. That is clearly true on JFT future which have plenty of growth opportunity togther with the coming bonus+warr issue. well tomorrow morning 9am queue will see how it perform.good luck to all.
Volume not very high compare to other tech stock..plenty of room to go further..let see how the market tomorow.believe this week still got show for tech stock
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damagpie
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Posted by damagpie > 2020-10-23 15:07 | Report Abuse
I don't know if its confirmed suspended on Monday la, wait for announcement. Maybe ppl selling now jumping the gun :)