G3 said Tee was appointed to drive the company’s strategic thrusts in the space of artificial intelligence (AI) and Internet of Things (IoT).
PETALING JAYA: G3 Global Bhd, an associate company of Green Packet Bhd, has appointed James Tee as its non-independent executive director.
G3 said Tee was appointed to drive the company’s strategic thrusts in the space of artificial intelligence (AI) and Internet of Things (IoT).
Tee is a senior executive with more than 20 years of extensive expertise in strategic planning, value engineering, best practice execution and continuous business improvement across multiple fields such as smart city development, investment, asset management, insurance and strategic management consulting.
“He was previously CEO of several public-listed and non-listed companies, including Medini Iskandar Malaysia, as well as a management consultant with McKinsey & Co, ” said G3 in a statement.
Key among G3’s strategic initiatives would be the realisation of an AI park to position Malaysia as the AI and digital hub for Asean, said the company.
“Conceptually designed to agglomerate AI-driven and cloud-powered technologies to accelerate the development of next-generation products and services such as smart city, mobility, retail, education and healthcare as well as robotics, fintech and blockchain, the AI park is expected to be the first for Malaysia and Asean.”
Tee said he is “exhilarated” to have the opportunity to strategise and orchestrate the delivery of Malaysia’s and Asean’s first AI park.
“The convergence of digital technologies at incredible speed is going to transform the way we live, work and play.
“In collaboration with leading global players from around the world, we will lay the foundation for Malaysia to take the quantum leap in AI and IoT that will spur tremendous growth and investment, especially in electrical and electronics and technology manufacturing and services, ” said Tee.
In the same statement, G3 executive chairman Datuk Wan Khalik Wan Muhammad said the company is pleased to have Tee to boost the delivery of G3’s vision to become Malaysia’s leading company in the AI and IoT space.
“Tee brings with him immense experience in management and consulting that will be totally valuable for our ground-breaking initiatives, ” he said.
Subject CIRCULAR TO SHAREHOLDERS IN RELATION TO THE PROPOSED BONUS ISSUE OF UP TO 1,856,249,934 NEW ORDINARY SHARES IN G3 GLOBAL BERHAD ("G3 GLOBAL SHARES") ("BONUS SHARES"), ON THE BASIS OF 3 BONUS SHARES FOR EACH EXISTING G3 GLOBAL SHARE HELD ON AN ENTITLEMENT DATE TO BE DETERMINED LATER ("PROPOSED BONUS ISSUE")
Please refer attachment below.
Attachments G3 Global - Circular.pdf 312.8 kBG3 Global - Administrative Note.pdf 128.2 kB
Announcement Info Company Name G3 GLOBAL BERHAD Stock Name G3 Date Announced 20 Jan 2021 Category Document Submission Reference Number DCS-20012021-00004
can pls give some of your personal views regarding this counter. I am confused as to why the warrant is so much higher than the mother. someone in the forum commented on this point
No no no. Watch it try to push and sell it back to them. This is the only company that announce bonus issue and keep pressing down. Do not get sucked up by this con company.
Repeat warning from 4th and 12th Feb - Forget about this stock. Very slow and some directors keep selling. Worst stock ever to announce bonus issue and price keep sliding since.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
BetterTomorrow
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Posted by BetterTomorrow > 2020-10-08 11:38 | Report Abuse
Need to push for better price so GP can has profit via mark to market for its investment