HEITECH PADU BHD

KLSE (MYR): HTPADU (5028)

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Last Price

2.29

Today's Change

-0.01 (0.43%)

Day's Change

2.25 - 2.30

Trading Volume

710,600


3 people like this.

3,936 comment(s). Last comment by BigWhiteSand 1 day ago

Cnlim

489 posts

Posted by Cnlim > 2019-12-19 06:18 | Report Abuse

When the stock is going up alot of cheerleaders will be in this forum

pang72

50,642 posts

Posted by pang72 > 2019-12-19 07:28 | Report Abuse

This stock should below 80c....
No need to cheer

pang72

50,642 posts

Posted by pang72 > 2019-12-19 07:29 | Report Abuse

Cheerleader then trap inside!!

Despacito

393 posts

Posted by Despacito > 2019-12-19 09:20 | Report Abuse

Maaf, sibuk kat Ekovest...kikiki

lee_m2020

4,801 posts

Posted by lee_m2020 > 2019-12-20 10:53 | Report Abuse

downfall.... hold who can as it will get project.

Posted by Dato Seri John Lu > 2019-12-20 14:01 | Report Abuse

This stock will be one of my year 2020 stock pick for i3 stock competition

Trouble Huat

1,199 posts

Posted by Trouble Huat > 2019-12-21 09:13 | Report Abuse

good news coming. hehe. limit up

Boneka

284 posts

Posted by Boneka > 2019-12-23 14:16 | Report Abuse

"The IIS is an integrated solution for border and immigration control that is being called for tender after the previous RM3.5bil Sistem Kawalan Imigresen Nasional (SKIN) project that was awarded to
Prestariang Bhd was revoked.

The IIS will replace the current Malaysian Immigration System (MyIMMS) implemented since the 1990s.

MyIMMS is maintained by Heitech Padu Bhd and the contract is due to expire next August.

It is worth noting that Heitech Padu also saw a change in its shareholding recently.

Technology-based entrepreneur Wong Thean Soon, better known as T. S. Wong, surfaced as substantial shareholder in Heitech Padu along with Datuk Norraesah Mohamad through their investment vehicle,
Asia Internet Holdings Sdn Bhd.

For perspective, Wong is the co-founder and managing director of e-government services provider, MYEG Services Bhd, while Norraesah is the chairman.

On Dec 16, Asia Internet bought about 3.74 million shares in Heitech Padu and on Dec 18, purchased an additional 3.08 million shares. Currently, Wong and Norraesah via Asia Internet control 8.43% in Heit-
ech Padu.

So far, it remains unclear what Wong and Norraeshah have in mind for Heitech Padu, which has seen a 171% increase in share price year-to-date."

The cat is already out of the bag! Tan Sri Wong had since made their move. So, what are you waiting for? A limit-up before you jump in?!!

Posted by Sebastian Power > 2019-12-23 15:54 | Report Abuse

We refer to your Company’s announcement dated 17 December 2019, in respect of the aforesaid matter.



In this connection, kindly furnish Bursa Securities with the following additional information for public release:-



1. The net profit and net assets of DAPAT based on its latest audited financial statement.

2. The name of the directors and substantial shareholders of Television Airtime Services Sdn Bhd ("TASB") together with their respective direct and/or indirect shareholdings.

3. Heitech Padu Berhad ("HTPADU") original cost of investment in DAPAT and the date of such investment.

4. The particulars of:-

(i) any liabilities, including contingent liabilities, in relation to the Disposal which remain with HTPADU, together with the details and justification for such arrangements; and

(ii) any guarantees given by HTPADU to TASB or DAPAT.

5. The basis of arriving at the sale consideration, other than on a “willing buyer willing seller” basis and the justification for the sale consideration.

6. The breakdown of the type of working capital and the timeframe for full utilisation of proceeds.

7. The financial effect of the Disposal on the gearing of HTPADU Group.

8. The expected gains or losses to the HTPADU Group.

9. The estimated time frame to complete the Disposal.

10. The period and time during which the Agreement will be available for inspection.



Please furnish Bursa Securities with your reply within one (1) market day from the date hereof.



Yours faithfully,

Boneka

284 posts

Posted by Boneka > 2019-12-23 16:40 | Report Abuse

REPLY TO THE QUERY FROM BURSA MALAYSIA SECURITIES BERHAD (“BURSA
SECURITIES”) DATED 19 DECEMBER 2019
REFERENCE NUMBER: IQL-19122019-00001
HEITECH PADU BERHAD (“HTPADU” OR THE “COMPANY”)
SUBJECT: DISPOSAL OF 6,900,000 ORDINARY SHARES IN DAPAT VISTA (M) SDN
BHD (“DAPAT”)(“DISPOSAL”)

We refer to the announcement dated 17 December 2019 (“Announcement”) and the query letter dated 19 December 2019 from Bursa Securities in relation to the Disposal.
Unless stated otherwise, definitions used in this reply shall carry the same meaning as defined in the Announcement.

The Board wishes to provide the additional information as below:-
1) The net profit and net assets of DAPAT based on its latest audited financial statement.
Based on the Audited Financial Statement of DAPAT for the year ended 31 December 2018, the net loss was RM257,804 and the net asset was RM2,866,240.

2) The name of the directors and substantial shareholders of Television Airtime Services Sdn Bhd (“TASB”) together with their respective direct and/or indirect shareholdings.
The Directors of TASB are:
a) Norwati binti Abd Razak
b) Ashari bin Shuib
The substantial shareholders of TASB are:-
a) Tahir bin Othman – 2,185,000 ordinary shares (19%)
b) Junaidi Yean bin Abdullah – 8,193,749 ordinary shares (71%)
c) Perbadanan Nasional Berhad – 575,000 ordinary shares (5%)

3) HeiTech Padu Berhad (“HTPADU”) original cost of investment in DAPAT and the date of such investment.
The original cost of investment in DAPAT was RM9,120,000. The date of the investment was 15 May 2013.

4) The particulars of:-
i) any liabilities, including contingent liabilities, in relation to the
Disposal which remain with HTPADU, together with the details and
justification for such arrangements; and
ii) any guarantees given by HTPADU to TASB or DAPAT.
There are no contingent liabilities from HTPADU to TASB or DAPAT.
There are no guarantees given by HTPADU to TASB or DAPAT.

5) The basis of arriving at the sale consideration, other than on a “willing buyer willing seller” basis and the justification for the sale consideration.
The sale consideration was arrived based on negotiations and mutual agreement between both parties. Nevertheless, the agreed value is not detrimental to the Group.

6) The breakdown of the type of working capital and the timeframe for full utilisation of proceeds.
The group intends to utilise the proceeds of the Disposal of RM13,500,000 by:-
i) Embarking in new business ventures = RM5,000,000.00
ii) Working capital = RM8,500,000.00

7) The financial effect of the Disposal on the gearing of HTPADU Group. There will be no effect on the gearing of HTPADU Group as the utilisation of the proceeds will not be used to pay loans/borrowings but instead will be used on new business ventures and working capital.

8) The expected financial gains or losses to HTPADU Group
The expected financial gains on Disposal to HTPADU Group is approximately RM6,300,000.

9) The estimated time frame to complete the Disposal
The estimated time frame to complete the Disposal is from 13/12/2019 – 12/12/2023, or full payment of the Disposal, whichever is earlier.

10) The period and time during with the Agreement will be available for inspection. The Agreement is available for inspection at the registered office of HeiTech during office hours, from Monday to Friday (excluding public holidays) at Level 15, Menara HeiTech Village, Persiaran Kewajipan, USJ 1, UEP Subang Jaya, 47600 Subang Jaya, Selangor Darul Ehsan.
This announcement is dated 20 December 2019.

Spectre888

185 posts

Posted by Spectre888 > 2019-12-23 18:21 | Report Abuse

Heitech just secured a contract with LHDN valued at RM34.8M.
https://m.malaysiastock.biz/Company-Announcement.aspx?id=1192747

Posted by Dato Seri John Lu > 2019-12-23 23:06 | Report Abuse

So many contract.. Next year result should be very good

halimboss

33 posts

Posted by halimboss > 2019-12-24 08:44 | Report Abuse

haiyaaa only hardware upgrade like BSN, LHDN confirm 90% of the deal is IBM hardware and software cost. fulfilment for these technology giants only maaa. no big money here

halimboss

33 posts

Posted by halimboss > 2019-12-24 08:45 | Report Abuse

HTPADU need a big win like IIS or JPN or JPJ. Go go HTPADU

CUTLOST

5,178 posts

Posted by CUTLOST > 2019-12-24 10:06 | Report Abuse

good

lee9fold

4,730 posts

Posted by lee9fold > 2019-12-24 14:22 | Report Abuse

can we see 1.4 again, lets see

lee_m2020

4,801 posts

Posted by lee_m2020 > 2019-12-24 17:21 | Report Abuse

how about now?!! hehehe..

Posted by Dato Seri John Lu > 2019-12-24 23:31 | Report Abuse

Skin project soon.. Hehe

Posted by Richard Lee > 2019-12-26 16:13 | Report Abuse

TS Wong is aiming at the indonesia big market. This joker very pandai

Posted by runroadtokl > 2019-12-26 16:21 | Report Abuse

htpadu
keep buying low
keep selling high

Despacito

393 posts

Posted by Despacito > 2019-12-26 20:08 | Report Abuse

Bisik2x...projek keutamaan Muhiyeedin ini akan melibatkan kepakaran software Heitech...cantek!!!

K'jaan tubuh agensi bagi selaras operasi, keselamatan di sempadan
"Perkara ini sudah dibincangkan dengan Ketua Setiausaha Kementerian Dalam Negeri dan saya akan 'push' untuk menyegerakan penubuhannya," katanya kepada Bernama baru-baru ini.
https://m.malaysiakini.com/news/504928

Spectre888

185 posts

Posted by Spectre888 > 2019-12-27 16:01 | Report Abuse

A Golden Cross is forming nicely :)

lee9fold

4,730 posts

Posted by lee9fold > 2019-12-27 21:48 | Report Abuse

tp 888

VennesA

95 posts

Posted by VennesA > 2019-12-29 11:14 | Report Abuse

Don't know why they are still so strong..must be political connection.

mukhriz02023

1,291 posts

Posted by mukhriz02023 > 2019-12-31 18:40 | Report Abuse

Go Padu

newages00

641 posts

Posted by newages00 > 2020-01-03 20:04 | Report Abuse

I saw something for the volume....what i can say is pls be careful...ikan bilis...

4444

1,800 posts

Posted by 4444 > 2020-01-06 04:21 | Report Abuse

03-Jan-2020 Insider ASIA INTERNET HOLDINGS SDN BHD (a substantial shareholder) acquired 113,400 shares on 03-Jan-2020.
03-Jan-2020 Insider DATO' SRI MOHD HILMEY BIN MOHD TAIB (a substantial shareholder) disposed 40,000 shares on 02-Jan-2020.
03-Jan-2020 Insider DATO' SRI MOHD HILMEY BIN MOHD TAIB (a company director) disposed 40,000 shares on 02-Jan-2020.
31-Dec-2019 Insider PADUJADE CORPORATION SDN BHD (a substantial shareholder) disposed 550,000 shares on 31-Dec-2019.
30-Dec-2019 Insider PADUJADE CORPORATION SDN BHD (a substantial shareholder) disposed 177,000 shares on 30-Dec-2019.

Boneka

284 posts

Posted by Boneka > 2020-01-06 20:02 | Report Abuse

Something big must has been brewing behind the scene lately esp with the IIS (formerly SKIN) award that is due to be announced by Jan'2020.

TS Wong has been aggressively buying almost every other day. Due to the small free float, the only way for the price to go is upwards.

At 10.12% direct interest, Asia Internet only needs to acquire another 23% to trigger a Mandatory Offer. Who knows, they might offer up to RM8 to take it private!!!

At the meantime, grab some before it takes off :-)))

Sw33per

152 posts

Posted by Sw33per > 2020-01-06 20:27 | Report Abuse

Something is coming...

Despacito

393 posts

Posted by Despacito > 2020-01-07 10:34 | Report Abuse

Buyer tunggu kat bawah tapi seller enggan jual...kikiki
Apa tunggu lagi...kasi hentam naik saje...jom!!!

michaelwong

3,072 posts

Posted by michaelwong > 2020-01-08 22:23 | Report Abuse

The US and Iran conflict is going to heightened and prolonged . Subsequently, it will dragged the market to falter furthermore . Investors with the slightest profits gained will disposed to lock up profits for safety first.

newages00

641 posts

Posted by newages00 > 2020-01-09 08:55 | Report Abuse

https://ibb.co/mcGxJVP

Big volume selling...

Despacito

393 posts

Posted by Despacito > 2020-01-09 11:38 | Report Abuse

Sudah kena cornered !!!
Pegang kuat2x...jgn jual kpd Ah Wong...TP=RM88...wakaka

lee9fold

4,730 posts

Posted by lee9fold > 2020-01-09 12:58 | Report Abuse

this stock will spike up soon i guess

cheoky

2,823 posts

Posted by cheoky > 2020-01-09 15:14 | Report Abuse

something brewing deep down....

jeannie

459 posts

Posted by jeannie > 2020-01-09 15:32 | Report Abuse

with the war crisis coming, still can brew?

OngKawKaw

3,283 posts

Posted by OngKawKaw > 2020-01-09 17:38 | Report Abuse

Donald Duck takut nak war as this year was his election year

Boneka

284 posts

Posted by Boneka > 2020-01-13 20:21 | Report Abuse

BREAKING NEWS
TS Wong"s MyEg has succeeded in making further inroads into the Indon market.
https://www.theedgemarkets.com/article/myeg-rolls-out-tax-monitoring-system-30-more-cities-indonesia?type=corporate

By now, its rather clear that TS Wong must be targeting HTPadu's lucrative eWallet JV project with the Indon company, PT Kirana Investama Nusantara. That explains why he became a *substantial shareholder via Asia Internet Holdings Sdn Bhd recently. What an ingenious way to stamp his mark in Indonesia!

*Oh, and on a side note, its certainly not hard to guess who that big buyer was queueing at 1.17 today yeah! :-)

Jokers2020

2,006 posts

Posted by Jokers2020 > 2020-01-16 00:47 | Report Abuse

dsonic rally yesterday n today will be HTpadu turn...

halimboss

33 posts

Posted by halimboss > 2020-01-20 13:22 | Report Abuse

Immigration bid starts today. Go Go HTPADU

mukhriz02023

1,291 posts

Posted by mukhriz02023 > 2020-01-20 14:07 | Report Abuse

Second round?

Sw33per

152 posts

Posted by Sw33per > 2020-01-20 15:50 | Report Abuse

On bid list

moneyfind

244 posts

Posted by moneyfind > 2020-01-21 08:59 | Report Abuse

Gud luck guys

Huat Leow

49 posts

Posted by Huat Leow > 2020-01-21 10:55 | Report Abuse

IIS bid outcome is supposed to be release in this month. It is either sharp rise (successful) or sharp drop (fail). However, there is also another possible scenario of "Buy on rumours, sell on news". ¯\_(ツ)_/¯

https://www.thestar.com.my/business/business-news/2019/07/25/immigration-dept-plans-new-integrated-system-to-replace-myimms/
"If everything goes well, the department will issue an offer letter to the successful vendor in January next year,"

Sw33per

152 posts

Posted by Sw33per > 2020-01-22 10:06 | Report Abuse

Padu

Boneka

284 posts

Posted by Boneka > 2020-01-22 11:05 | Report Abuse

Patience...

moneyfind

244 posts

Posted by moneyfind > 2020-01-22 11:18 | Report Abuse

I collect as much as posible..I try to TP 1.23

Despacito

393 posts

Posted by Despacito > 2020-01-22 11:54 | Report Abuse

Alamak, mudah-mudahan TP=3.21...kikiki

halimboss

33 posts

Posted by halimboss > 2020-01-22 12:19 | Report Abuse

go go HTPADU.

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