Posted by Undi_PKR > 2020-02-19 11:30 | Report Abuse

Idiots in PP could be new boss to kick out useless BOD?

Posted by kelvin17 > 2020-02-19 13:38 | Report Abuse

if the price is only 4 cents some more to give discount for pp . poor Fintec so cheap and broke !!

Posted by NoEmo > 2020-02-19 23:11 | Report Abuse

proposed to spend rm20m cash acquiring 20% komark shares (a persistent loss making company) at 150% premium (smart BOD will go for a kill to get komark shares at 150% discount) from a major share-holder and his family. Proposed pp 30% fintec share to get rm9m cash at 4.5c per share to dilute the NA of the company. What's in the minds of the directors in making such a stupid decisions. Dun buy komark, keep the 20m cash for covering company's expenditure. abandon the 30%pp to avoid diluting the intrinsic value of the company. Hope Security commission can see the clearcut daylight robbery to be unfolding in this company and take action on them immediately. Make all the Fintec BOD members accountable to the potential loss in the KOMARK SHARES ACQUISITION which is without any good business sense. Even the naive retailers can smell the huge loss in the said venture.

Posted by Daily8 > 2020-02-20 02:08 | Report Abuse

Doomsday will come if fintec share price still dirt cheap. Hope the management are informed

Posted by NoEmo > 2020-02-20 07:27 | Report Abuse

Management has no power but the board of directors(BOD) has. Suspect the directors r taking instructions from an influential major share-holder to make such up screwed-up decision to benefit the latter. If this deal goes thru, the proposed 150% premium paid for the komark shares acquisition will enter the guinness record as the highest in the world for the acquisition of a loss making company, a rotten apple. The rm20m can actually be used for shares buy back of 10% own shares at 25c each.

Posted by NoEmo > 2020-02-20 07:40 | Report Abuse

That's y all the highly paid Fintec directors who r responsible for such a blatant silly decision should be made to be responsible for the potential financial loss arising from their foolishness. The directors who r empowered to safeguard the well-being of the company should compensate the company for any loss incurred.

Posted by NoEmo > 2020-02-20 07:48 | Report Abuse

Do u think the directors r willing to use their own money to fund for the acquisition of the komark shares?

Posted by NoEmo > 2020-02-20 07:51 | Report Abuse

Leaders must show excellent capability, avoid having integrity questioned, says Tun M

Posted by Chan SauWei > 2020-02-20 08:20 | Report Abuse

Bod is interesting others share price invest but no interest own fintech share price

Posted by Chan SauWei > 2020-02-20 08:21 | Report Abuse

Hopeless

Posted by PMHLDG288 > 2020-02-20 10:23 | Report Abuse

the management is obviously untrustworthy.

Posted by michaeso > 2020-02-20 13:44 | Report Abuse

How come now so popular with private placement

Posted by michaeso > 2020-02-20 13:45 | Report Abuse

A lots of counters are doing this private placement....

Posted by michaeso > 2020-02-20 13:45 | Report Abuse

How good is it

Posted by NoEmo > 2020-02-20 14:17 | Report Abuse

PP is the best scheme to make the rich getting richer and the poor getting poorer. Cruel n inconsiderate major share-holders together with their directors will use it as a tool to accummulate wealth at the expense of the retailers.

Posted by Chan SauWei > 2020-02-20 16:04 | Report Abuse

What the purpose to list the company to public share market? Easy them collect fund from market... Or else they no need listed in bursa if they have enough fund and capital....

Posted by Daily8 > 2020-02-20 19:15 | Report Abuse

Not the style of fintec to acquire a share At premium price.

Posted by Daily8 > 2020-02-20 21:19 | Report Abuse

NoEmo Management has no power but the board of directors(BOD) has. Suspect the directors r taking instructions from an influential major share-holder to make such up screwed-up decision to benefit the latter. If this deal goes thru, the proposed 150% premium paid for the komark shares acquisition will enter the guinness record as the highest in the world for the acquisition of a loss making company, a rotten apple. The rm20m can actually be used for shares buy back of 10% own shares at 25c each.
20/02/2020 7:27 AM

Need to see the next financial quarter how Fintec reflect the expensive Komark price in their reporting. Stay tune.

Posted by Daily8 > 2020-02-20 21:20 | Report Abuse

Sometimes, management under estimate retailers. They will think retailers only want is profit and keep pumping news to push up the prices. They forgotten, Retailers are getting smarter by experiences over the years.

Posted by 5354_ > 2020-02-21 04:10 | Report Abuse

$ finish using. If RI you happy?

michaeso How come now so popular with private placement
20/02/2020 1:44 PM

Posted by 5354_ > 2020-02-21 04:14 | Report Abuse

Why nobody propose Fintec selling Focus or give us why ah? You happy Fintec 4-4.5 sen bec cheap you can collect more?

Posted by Palmboy92 > 2020-02-21 08:05 | Report Abuse

You still thinking fintec can sell focus ?who want to buy ?u think everyday focus high trading volume is real?fake price fake volume,did focus tell u what project in trx they own?did focus tell u the project progress and development cost?all are fairy tales!if fintec sell focus,i tell u focus price will straight drop to below 0.10 sen

Posted by Chan SauWei > 2020-02-21 09:58 | Report Abuse

Later change company name and repeating the same practice.... Bioxxxx

Posted by foo > 2020-02-21 10:59 | Report Abuse

Azmin: Smart farming, aerospace and digital economy can inject dynamism into economy
KUALA LUMPUR (Feb 20): Smart farming, aerospace and the digital economy can play a big role in injecting new dynamism in Malaysia's bid to become a high-income economy, said Economic Affairs Minister Datuk Seri Mohamed Azmin Ali.
He said the three sectors can also create a wider range of job opportunities and raise living standards of everyone in the effort to face the challenges of Industry 4.0.
Twenty-one industry experts in smart farming, aerospace and the digital economy have provided their inputs for immediate attention by the Government in its efforts to explore and galvanise the economic potential in these three sectors,he said in a statement here today.
Mohamed Azmin said the engagement sessions he chaired today with these prime movers in their respective sectors are very important in fine-tuning the needs and priorities in the ongoing process of formulating the 12th Malaysia Plan (12MP).
He said these efforts show the Government’s commitment to ensure the views of all quarters are taken into account, with comprehensive details implemented to determine the nation’s direction of development for the next five years.
The 12MP, which is expected to be tabled in the Dewan Rakyat in August, is the first phase in the implementation of the Shared Prosperity Vision 2030 (SPV2030).
The preparation of the 12MP will be based on three objectives of SPV2030 — development for all, addressing wealth and income disparities, and forging a united, prosperous and dignified nation.
The engagement sessions were also attended by Deputy Economic Affairs Minister Senator Dr Mohd Radzi Md Jidin, Bumiputera Agenda Steering Unit (TERAJU) chairman Datuk Seri Mustapa Mohamed, Economic Affairs Ministry secretary-general Datuk Saiful Anuar Lebai Hussen, senior officials of the Ministry, and the 12MP drafting team

Posted by PMHLDG288 > 2020-02-21 20:59 | Report Abuse

after private placement and then another consolidation of shares , vote out the management or dump the stock.

Posted by 5354_ > 2020-02-21 22:38 | Report Abuse

Do you know all know Insas own Inari? Why Insas sold Inari(you never take profit in share trading?) Insas no 4-4.5 sen like Fintec? Insas also own many counters like Fintec.

Posted by 5354_ > 2020-02-21 22:39 | Report Abuse

Focus got down? No sell Fintec down is true.

Posted by michaeso > Feb 21, 2020 8:43 AM | Report Abuse
Straight down to 5c

Posted by Palmboy92 > 2020-02-23 20:30 | Report Abuse

Ok,new story again here.....if najib gang come back,please ignore my previous post and fintec ready to bound

Posted by Gunnerman > 2020-02-24 11:03 | Report Abuse

this counter related to politics?

Posted by Palmboy92 > 2020-02-24 14:17 | Report Abuse

Focus and fintec project next to trx(najib tower),u say got related or not?

Posted by dmksn > 2020-02-25 11:59 | Report Abuse

Show after QR report, focus price surely lift this counter to the sky ~ :D

Posted by 5354_ > 2020-02-25 14:33 | Report Abuse

Focus and TRX not related?

Posted by 5354_ > 2020-02-25 14:36 | Report Abuse

PE only 0.42 why nobody want?

Posted by NoEmo > 2020-02-25 20:51 | Report Abuse

Caring management and top bosses. Suppressed the stock price to 4c today, then priced 17m shares for employee share option at 4c. Hopefully, they will do likewise to take care of all the share-holders generously with great wisdom.

Posted by 5354_ > 2020-02-25 21:10 | Report Abuse

Nobody dare ask Fintec IR why cannot dispose Focus like Credit Suisse why ah? 3.5-4 sen you still want to collect is it? I talk in many ctrs expect good reply not 1 sided question and no reply.

Posted by 5354_ > 2020-02-25 21:11 | Report Abuse

If dispose Focus no need so many PP.

Posted by 5354_ > 2020-02-25 21:12 | Report Abuse

[FOCUS] Change In Substantial Shareholder's Shareholding - CREDIT SUISSE GROUP AG on 24-Feb-2020
Stock [FOCUS]: FOCUS DYNAMICS GROUP BHD
Announcement Date 24-Feb-2020
Substantial Shareholder's Particular:
Name CREDIT SUISSE GROUP AG
Details of Changes:
Currency -
Date of Change Type Number of Shares
20-Feb-2020 Disposed 7,000,000
Registered Name Credit Suisse AG, Dublin Branch HSBC Nom. (Asing) S/B Emp An for Credit Suisse AG (DUB CLT N-TREAT)
Nature of Interest Deemed Interest
Nature of Interest Deemed Interest
Shares Ordinary shares
Reason Disposal of 7,000,000 shares on 20 February 2020. Credit Suisse Group AG has deemed interests, given Credit Suisse AG Dublin branch has the right to rehypothecate the shares belonging to its clients' holdings.
Total no of securities after change
Direct (units) 0
Direct (%) 0.00
Indirect (units) 146,871,500
Indirect (%) 7.19
Total (units) 146,871,500
Total (%) 7.19
Date of Notice 24-Feb-2020
https://klse.i3investor.com/insider/substantialShareholder/0116/24-Feb-2020/479698_102192219.jsp

Posted by 5354_ > 2020-02-25 21:13 | Report Abuse

Credit Suisse own Focus can dispose 7 million why Fintec cannot? Is it stupid question?

Posted by 5354_ > 2020-02-25 21:32 | Report Abuse

Some1 question if dispose Focus will cause Focus share collapse why still Focus >70 sen after Credit Suiise disposed 7 million?

Posted by 5354_ > 2020-02-25 21:34 | Report Abuse

Calculate amt raised for PP vs amt raised if dispose Focus eg 7 million.

Posted by Palmboy92 > 2020-02-25 23:17 | Report Abuse

Wake up bro 5354....focus bod same group ppl in fintec,director mr edward leong and steve tan both are executive director in fintec and focus,sell own share to get money?i repeat....sell own share to get money?....i repeat.... Own share.....if they need apply pp to get money,this action already tell u focus worth nothing,selling own thing to own...where u get....000000000

Posted by 5354_ > 2020-02-26 09:42 | Report Abuse

Nobody ctr Palmboy92 bec you sell at 4 sen?

Posted by 5354_ > 2020-02-26 09:43 | Report Abuse

Focus up more but why Bursa news doesn't show Fintec bought more?

Posted by Palmboy92 > 2020-02-26 11:02 | Report Abuse

I told u fintec and focus is same,fintec buy focus just like i transfer my money from left hand to right hand,when fintec sell focus,just like from right hand to left hand but money come from shareholder fintec

Posted by rlch > 2020-02-26 11:32 | Report Abuse

OSKVI 45 sen why Fintec 4 sen only?

Posted by michaeso > 2020-02-26 13:51 | Report Abuse

? Why

Posted by dmksn > 2020-02-26 14:13 | Report Abuse

Why? +2

Posted by dmksn > 2020-02-26 14:17 | Report Abuse

Think many people get burned, trapped, conned after invested in fintec sub counter. Mlab, AT, vsolar, dgb, those all dropped more than 70% from highest high. People might consider fintec is legal money game company and stay away with it. As for focus story, still remain an unknown game.

Posted by rlch > 2020-02-26 14:54 | Report Abuse

Focus 77 sen even CI drop <1500.

Posted by Hidup_Anwar > 2020-02-26 16:30 | Report Abuse

Anwar PM only Fintec >10, 20 sen?