Posted by Ron90 > 2024-07-09 21:45 | Report Abuse

initial stage, payment big, than after that..just to maintain the system. Along the way, there would be upgrading equipment, licensing, reviewing, etc. This figure is just for easy accounting purposes, preparing annual budget.

Posted by Goldberg > 2024-07-09 22:26 | Report Abuse

Theta Edge appoints new chairman

Theta Edge also announced the appointment of former secretary general in the Ministry of International Trade and Industry Tan Sri Abd Rahman Mamat as its new chairman of the board, taking over from Tengku Datuk Seri Hasmuddin Tengku Othman, who has held the position since Nov 29, 2021.
Abd Rahman also sits on the board of MBSB Bhd (KL:MBSB), Lotte Chemical Titan Holding Bhd (KL:LCTITAN), MCE Holdings Bhd (KL:MCEHLDG), and ECA Integrated Solution Bhd (KL:ECA).
Besides Abd Rahman, Theta Edge also appointed Datuk Dyg Sadiah Abg Bohan as a non-independent non-executive director of the board.
"These appointments are part of the efforts to drive the group's business in response to changing economic conditions with fresh new ideas," the company said in a statement.
"Theta firmly believes that this decision marks a significant milestone in Malaysia's digital journey and will provide the necessary focus, drive, expertise and support to help accelerate the nation's digital transformation," it added.

Posted by Ron90 > 2024-07-10 00:21 | Report Abuse

This kind of project, if success, normally will be emulate by other municipalities, Selangor alone got few big district!!

Posted by DreamSorcerer > 2024-07-10 00:31 | Report Abuse

Theta Edge unit wins RM673.8mil IoT contract

https://www.thestar.com.my/business/business-news/2024/07/09/theta-edge-unit-wins-rm6738mil-iot-contract

Posted by Eagle77 > 2024-07-10 05:57 | Report Abuse

🤣🤣🤣 20 years contract not 2-3 years guys might be 3rd World War already 💣💣💣💥💥💥☠️☠️☠️

Posted by Eagle77 > 2024-07-10 05:59 | Report Abuse

This stock worst than Edaran only worth 1.00 🩸✅

Posted by Killsthebear > 2024-07-10 09:16 | Report Abuse

🤔🤔🤔🤔

Posted by paulthesotong > 2024-07-10 17:28 | Report Abuse

Nice Headline......TEB secures RM673.8m contract to develope IoT for smart biz.

Can someone explain why they think this will launch to the Mars soon?

Posted by Trianon > 2024-07-10 17:42 | Report Abuse

Theta can earn around RM33 mil per annum from that contract 😁

Posted by Goldberg > 2024-07-10 18:39 | Report Abuse

https://theedgemalaysia.com/node/718390

Theta Edge is also understood to have been shortlisted for the National Immigration Information
System or NIISe project, alongside Dagang Nexchange Bhd (DNeX) (KL:DNEX), The Edge Malaysia weekly reported on May 27-June 2, 2024 edition.

The NIISe project involves the integration of data from 13 modules of the existing border control system, including the foreign workers segment, advanced passenger screening system, facial and fingerprint biometrics, professional visit passes, passports and travel documents.

The company's largest shareholder is Lembaga Tabung Haji with a 27.28% stake, followed by Threadstone Capital Sdn Bhd with 13.56%. Threadstone Capital is owned by Zainal Abidin Jalil, a former substantial shareholder of DNeX.

Read also:
Theta Edge secures RM673.8m contract to develop IoT for smart businesses in Ampang Jaya
DNeX and Theta Edge in two-horse race for NIISe project

Posted by Goldberg > 2024-07-10 18:53 | Report Abuse

THETA stands a very good chance to bag the RM1bil NIISE project.

Posted by questra > 2024-07-11 17:37 | Report Abuse

Theta Edge unit wins RM673.8mil IoT contract.

LOL it is NOT RM674m is not INCOME but the OPERATING EXPENSE required.

Posted by suremax > 2024-07-11 17:42 | Report Abuse

Theta Edge clarifies IoT job secured from Ampang Jaya will require RM674m investment cost https://www.klsescreener.com/v2/news/view/1356695

Posted by bu4567 > 2024-07-11 19:17 | Report Abuse

A great misunderstanding to some, no wonder share price not moving but opportunity for some to unload

Posted by Insidefluential > 2024-07-11 19:21 | Report Abuse

https://www.klsescreener.com/v2/announcements/view/7366423

Posted by diamond99 > 2024-07-11 20:02 | Report Abuse

Redtone came onboard Theta as major shareholder. Wow.. how you guys see this.

Posted by NatsukoMishima > 2024-07-11 20:06 | Report Abuse

https://www.klsescreener.com/v2/news/view/1356695

Walao , like this also can !

Posted by Goldberg > 2024-07-11 20:10 | Report Abuse

Hmmmm interesting development.

REDtone had on 10 July 2024 become a substantial shareholder of Theta Edge Berhad (“Theta”) following the acquisition of an aggregate of 6,400,000 ordinary shares representing about 5.43% equity interest in Theta

This effectively makes our DYMM YDPA Sultan Ibrahim an indirect shareholder of Theta Edge with Redtone as a substantial shareholder of Theta.

Major shareholders of RedTone.

BERJAYA CORPORATION ...........40.29%..........315,277,692
Sultan Ibrahim Johor (DYMM).... 17.13 %..........134,000,000

Posted by meisarel > 2024-07-11 21:26 | Report Abuse

What is the average entry cost by Redtone.

From the announcement:

Aggregate purchase consideration: RM13,072,245

Aggregate number of shares: 6,400,000

Average price per share = RM2.04

Is this correct?

Posted by MD8888 > 2024-07-11 21:28 | Report Abuse

Actually that morning straight jump to top , just dunno why keep selling until at the bottom

Posted by speakup > 2024-07-11 21:58 | Report Abuse

Welcome to Casino De Bursa

Posted by speakup > 2024-07-11 21:58 | Report Abuse

Bet small win small
Bet Big win Big
Ini kalilahhhhh
Bet For Malaysia

Posted by MD8888 > 2024-07-11 21:59 | Report Abuse

Lol

Posted by Insidefluential > 2024-07-11 23:26 | Report Abuse

Meisarel, from history of acquisition, redtone might have acquired it earlier in April via inter pac nominees. Just that the announcement is made today. Average price could be lower around 1.4-1.60. sorry, if I am wrong

Posted by Ron90 > 2024-07-12 01:34 | Report Abuse

hold on tight !! the best yet to come. all this while Mr. Shark is actually RedTone !! haha

Posted by paulthesotong > 2024-07-12 07:35 | Report Abuse

Not Your Average Technology Company.

https://focusmalaysia.my/theta-edge-clinches-20-year-smart-city-contract-from-ampang-jaya-municipal-council-mpaj/

Posted by NatsukoMishima > 2024-07-12 08:54 | Report Abuse

Cant imagine if govrment really careless give niis project to this company , what will happen later ?

Posted by paulthesotong > 2024-07-12 09:07 | Report Abuse

Food for thought!...JV CDB.....

https://corporate.celcomdigi.com/news/celcomdigi-signs-mou-with-mpaj-to-transform-hulu-kelang-into-a-smart-city

Posted by Ron90 > 2024-07-12 09:07 | Report Abuse

This morning, you guys better top up .. probably the war has just started!. from now on, if you throw anything, RedTone and you should know who !! will grab it.. cheap way to get into Theta potential. Just imagine, even RedTone don't want to to be just at the side line..

Posted by paulthesotong > 2024-07-12 11:27 | Report Abuse

Who"s Else?

As at 13.03.24..Rosetta Partners[HRH Kelantan Sultan] 4.98%
As at 10.04.24..LTH 27.28%
Zainal Abidin [Threadstone} 13.562%
Mohd Faroz/Siblings 11.082%
As at 10.07.24 Redtone [BG/YM Johor Sultan] 5.430%

"Ceteris paribus".

Posted by Ron90 > 2024-07-12 11:53 | Report Abuse

next month, based on announcement by MOT, ART JB that would cost over 7 Billion will be decided, which Theta has involvement in proposing it. Can you see the connection? With this kind of move, a recognition for everyone that Theta is really serious player.

Posted by paulthesotong > 2024-07-12 12:10 | Report Abuse

On the Plate...Wepay end of the the month?

Posted by UncleFollower > 2024-07-12 12:26 | Report Abuse

Very interesting counter. Push up, announce more deals, placement, raise funds, share split, goreng

Posted by speakup > 2024-07-12 13:30 | Report Abuse

Pump n Dump
Inilah Casino De Bursa

Posted by SALAM > 2024-07-12 15:22 | Report Abuse

A way to save the HAJIs and the PH ballot box ????

Posted by lewislew > 2024-07-12 16:04 | Report Abuse

engine start

Posted by Ron90 > 2024-07-12 16:11 | Report Abuse

everybody preparing bullet$$$....to fight for supremacy !!!

Posted by paulthesotong > 2024-07-12 17:03 | Report Abuse

Theta is the Eight letter of Greek alphabet...a good start.

Posted by Goldberg > 2024-07-12 17:10 | Report Abuse

@ Paulthesotong -Theta is the Eight letter of Greek alphabet...a good start.

NIce closing 1.88

Next hurdle. 2.88 - till 4.88

A multi bagger stock.

Just be patient folks.

Posted by paulthesotong > 2024-07-12 17:23 | Report Abuse

The Road is long...Smart City Spectrum Provider,Jendela2,5G roll-out,TNB Grids,EX Banana Skin,WEpay ,Mobilty As A Service,MLFF, CyberSecurity, FT, etc.

Posted by Goldberg > 2024-07-12 19:42 | Report Abuse

Last months article. Just A refresher.

DNeX and Theta Edge in two-horse race for NIISe project

By Jose Barrock / The Edge Malaysia

https://theedgemalaysia.com/node/713107

in addition Theta is in the running for this JB project.

7 Billion JB ART project proposed by THETA to be awarded by Min. of Transport soon.

Posted by MD8888 > 2024-07-13 00:13 | Report Abuse

https://themalaysianreserve.com/2024/07/12/redtone-acquires-7-12-stake-in-theta-edge-for-rm14m/

Posted by NatsukoMishima > 2024-07-13 00:16 | Report Abuse

https://www.klsescreener.com/v2/news/view/1357583

🤣🤣🤣🤣 childish company can get niis then whole country will collapse !

Posted by Ron90 > 2024-07-13 00:41 | Report Abuse

as i hv mention..its gonna be a war for supremency!! Redtone continue to accumulate Theta stock. From 5 %, today up 7℅ !! damn cheap, with just few million can get big portion of Theta. Tonight, top mgmt n major shareholder kn meeting ..how to deal with this hostile move. The good thing..from now on all the stars will align to Theta. Niise, ART JB, TNB ...TP $10 👍👍

Posted by Ron90 > 2024-07-13 00:44 | Report Abuse

@Goldberg.. Theta 8, ong suda mali. 1.88 fly to $8.88 👍👍👍

Posted by MD8888 > 2024-07-13 10:40 | Report Abuse

https://www.enanyang.my/%E8%A1%8C%E5%AE%B6%E8%AE%BA%E8%82%A1/%E3%80%90%E4%B8%8A%E5%8D%87%E8%82%A1%E3%80%91%E9%93%81%E8%BE%BE-%E9%98%BB%E5%8A%9Brm230

Posted by chunah > 2024-07-13 13:09 | Report Abuse

Lembaga Tabung Haji is the largest shareholder in Theta Edge with a 27.28% stake, followed by Threadstone Capital Sdn Bhd (13.56%), Inter Pacific (9.4%), and REDtone Digital Bhd (KL:REDTONE).

Posted by chunah > 2024-07-13 13:11 | Report Abuse

Friday, July 12th, 2024 at Business | News
REDtone Digital Bhd has acquired 8.40 million ordinary shares in Theta Edge Bhd, representing approximately 7.12% of Theta Edge’s equity.

The shares were purchased from the open market for a total cash consideration of RM13.93 million, averaging RM1.66 per share, it told the bourse today.

Posted by chunah > 2024-07-13 13:13 | Report Abuse

The making of GENETEC 2

Posted by speakup > 2024-07-13 13:42 | Report Abuse

https://theedgemalaysia.com/node/718854

Company cuba tipu! Another Serba ni