Interesting latest development- as per The Edge Weekly.
Although there are rumors about the potential winning bidder, there are still details that need to be confirmed before the official announcement of the results. It is reported that the bidding process took a lot of lobbying effort.
Comparing the two bidding packages, Dnex's quotation was higher, between 1.1 billion to RM1.2 billion, and plans to adopt the official current system. As for THETA , its quotation is lower, only amounting to RM800 million, and it plans to develop a new border control system on its own.
According to sources, Dnex 's solution is relatively standard and the system has been rigorously tested; however, THETA has a price advantage but needs to pay more attention to system development. It is rumored that THETA s gearing up to poach senior executives from HTPADU, which is another shortlisted bidding company.
The bidding for the National Comprehensive Immigration System Project is a veritable multi-cornered battle. In addition to Dnex, THETA , and HTPADU , Redtone Digital ( 100% subsidiary of RedTone) was also a horse in the field . Tan Sri Vincent Tan, founder of Berjaya Corp owns 41% of RedTone.
The Edge quoted sources as saying that the tender committee held a meeting last week and the winner is expected to be officially announced soon.
THETA 's largest shareholder is LTAT with a 28% stake.
Don’t know do so much calculation to predict stock price for what. if you think theta is a speculation counter, think again. We have myeg, dsonic in the past which grew from micropenny, now we have theta in anwar administration
Folks, to make money in stocks, you need to have vision to see them, courage to buy them & patience to hold them. But sadly patience is the rarest of the three.
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speakup
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Posted by speakup > 1 month ago | Report Abuse
Only crony company can get Niise. Let's see who is the Big Crony of Pmx