Ah Long business is the best business, that is why ANT is so rich, XOX will be Ant Malaysia copycat! plus PUBG game frenzy party to start soon. Along + PUBG + E-Wallet + Digital Platform for SME, it is transforming into Malaysia No 1 E-Commerce company in 2021.
Especially with already 2Mil user on XOX, now they are going to offer 50% discount on Monthly subscription to pull in more subscriber, just like how you all go to Genting for cheap hotel just to play2 casino. All will switch to XOX, monthly 20GB for RM25, vs DIGI/MAXIS RM98. that is what I was told in their marketing plan.
DuLong8 tq for this good news .. now we can see crystal clear business plan ... look like money will flow in like niagara waterfall into xox ...sky is the limit
Say hello to Armanhashim the newbie sky floor member. Even it is 'good news', you gain nothing from it when price going up. Lemme guess, 0.35 was your average cost for this XOX.
If you step out a while from this XOX, join other rotational penny this week like AT, maybe you will get you capital back. Unfortunately, you choose to stick with one counter only. Be smart if you wannna sustain in this cruel stock market!
Section 3.1: Fintech Business Expansion To capitalise on the rapid advancement of technologies, the Group intends to invest in the Fintech Business Expansion which is expected to add value and complement the Group’s existing MVNO business. To carry out the Fintech Business Expansion, save for the following, the Group does not require any specific approval from authorities to operate the XOX Digital Marketplace, Microfinancing Platform and Blockchain e-Wallet:- (i) an approval from Bank Negara Malaysia (“BNM”) to be an e-money issuer, of which the Group has obtained in September 2008; and (ii) to provide microfinancing services, financiers are required to obtain a microfinancing license issued by BNM. The Group intends to venture into the microfinancing segment through collaborating with third party financiers to provide the microfinancing to users, while the Group’s role is to develop, operate and maintain the Microfinancing Platform. In view that the Group is not the financier, the Group is not required to obtain the microfinancing license. Nonetheless, the Group endeavours to only collaborate with third party financiers who has obtained the requisite microfinancing license. Kindly refer to Section 3.1(ii) of the First Announcement for further details on the Microfinancing Platform.
November 13, 2020 (Kuala Lumpur, 13th) XOX said that WeFinance, a financial product jointly launched by XOX Telecom (XOX, 0165, GEM) and WETEK (China) Financial Information Services Co., Ltd. (WETEK Group), was awarded the Internet by the Malaysian government in September The financial product operating license is expected to introduce the "100-second fast loan" microfinance facility next month, which can help up to 2.2 million users.
https://www.klsescreener.com/v2/news/view/753273 Did not mentioned abt xox and wetex. Don't be fooled by cyber trooper here. Perhaps finance for pubg games competition. Buy weapon now, pay later.. Hahaha
The WETEK Group started last year to accelerate its global deployment and established its first overseas branch in Vietnam.
Liang Hao: WETEK Group and XOX said that WeFinance jointly promoted by Telecom will integrate local conditions.
WeFinance meets Malaysian market requirements
After the establishment of WETEK Kuala Lumpur (Malaysia) in the middle of this year, it signed a cooperation agreement with XOX Telecom. The two parties agreed that the first phase of the two parties will jointly invest about 200 million ringgit in operating and business reserves. WETEK Group provides the world's leading Internet financial solutions, and borrows the resources and sales channels of XOX Telecom's millions of users in Malaysia to expand the market.
WETEK Kuala Lumpur (Malaysia) was established less than half a year ago and successfully built a localized Internet financial service platform. In September, it obtained an Internet financial product operating license issued by the government.
The company is expected to introduce the "100-second fast loan" microfinance facility in Malaysia next month.
Liang Hao, the founder and chief executive officer of WETEK Group, pointed out that the company attaches the greatest importance to product localization, so WeFinance combines local actual conditions.
WeFinance adopts WETEK's financial technology innovation and big data risk monitoring technology, and then through the localized operation of XOX Telecom, we aim to meet market demand and create long-term value. Liang Hao also said: "With the official launch of WeFinance in Malaysia, XOX said that telecommunications contract users, as well as young people and small businesses who are just starting their businesses, will soon enjoy the convenience,
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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....
chankuanloong
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Posted by chankuanloong > 2020-11-14 09:38 | Report Abuse
原来xox平台是给国际大阿窿做生意了,不知道股价会跌吗?