Posted by ngng > 2020-07-27 08:42 | Report Abuse

Mari-Mari!

Posted by driller > 2020-07-27 10:41 | Report Abuse

https://focusmalaysia.my/mainstream/immigration-system-to-be-awarded-in-aug-here-are-6-frontrunners/

Posted by bct2619 > 2020-07-27 10:54 | Report Abuse

Datasonic not in d last 6 ??:-(,,,,

Posted by driller > 2020-07-27 11:06 | Report Abuse

ya loh, not sure whom to believe. haha

Posted by SMAX888 > 2020-07-27 11:30 | Report Abuse

rilek guys...news coming out...

Posted by SMAX888 > 2020-07-27 11:31 | Report Abuse

as i mentioned before, keep topping up...

Posted by SMAX888 > 2020-07-27 11:31 | Report Abuse

in CBB v trust

Posted by kobethebeagle > 2020-07-27 11:39 | Report Abuse

If the article fail to mention Dsonic but mentioned Iris, then we all know the author might be biased. Even Mindmatics Sdn Bhd and Infomina Sdn Bhd get mentioned.
It's like predicting who will win the World Cup , and writing about England, Brazil, Mexico, Korea and left out Germany....

Posted by nokia8250 > 2020-07-27 11:41 | Report Abuse

I've got internal info that Dsonic is out of the list. They're not able to be shortlisted due to some technical issue apparently.

Not throwing rumors. Just sharing what I hear from a friend. Take it with a pinch of salt.

Posted by SMAX888 > 2020-07-27 12:01 | Report Abuse

to clear the air abit...they won another contract, not this..but it is big as well...from what i know, they will announce soonest..very super soon

Posted by Basketball4Life > 2020-07-27 12:02 | Report Abuse

@SMAX888
Is it I-KAD contract?

Posted by SunTzu888 > 2020-07-27 12:09 | Report Abuse

nokia8250. Do you notice that, rumours are always "from a friend", and it is never from a reliable source directly?

This is where a rumour being created. "I heard from my friend, i heard from my colleague, i heard from Mr. Dog, Cow, Cat, Monkey...."

Posted by vespa > 2020-07-27 12:14 | Report Abuse

Immigration system to be awarded in Aug – here are 6 frontrunners
By Emmanuel Samarathisa | 2 hours ago | Featured, Mainstream

THE National Integrated Immigration System (NIIS) concession is expected to be awarded during the first week of Aug barring any last-minute changes, people familiar with the matter tell FocusM.

But concerns of political interference loom over the border security control project.

At RM1.2 bil, NIIS is possibly the largest public project this year. It is also highly complicated, requiring different modules as to the monitoring of foreigners in and out of the country.

To be sure, this is a steep discount to the initial RM3.5 bil price tag for NIIS’ predecessor, Sistem Kawalan Imigresen Nasional (SKIN), which was directly awarded to Prestariang Bhd.

SKIN would be cancelled under the Pakatan Harapan government as part of its review of mega-projects. Prime Minister Muhyiddin Yassin was then home minister and he called for a request for proposal (RFP).

But intense lobbying from certain participants, with some even pledging a portion of their annual revenue, as well as political pressure have been some of the issues insiders have raised as the race to bag the lucrative concession heats up.

“All we want is for the tender to be awarded to the company that scored the best in both financial and technical evaluations,” a source said.

If politics takes centre stage, Malaysians will witness more taxes wasted. The current Malaysian Integrated Immigration System (myIMMs) operated by listed company Heitech Padu Bhd, which also received the concession through direct negotiation, had been a drag to public coffers.

Close to RM600 mil had been spent on myIMMs since Heitech was awarded the project in 2010. The various Auditor-General’s Reports is a good reference on how unstable the programme is, leading to multiple incidents of sabotage and shutdowns.

Naturally, this means the Immigration Department could not account for the hundreds of thousands of foreigners who have entered the country. According to the AG’s Report 2018 Series 3, myIMMs could not account for 198,479 foreigners who entered the country through various long-term immigration passes as at April this year.

Since not only taxpayers’ money but also national security is at stake, participating companies would have to ensure two things: there are no cost overruns and that the system is stable and functional.

Here are the profiles of the six NIIS frontrunners:

Dagang Net Technologies Sdn Bhd

As its name suggests, this is a wholly owned unit of listed company Dagang Nexchange Bhd. It was incorporated on Jan 18, 1989, with a paid-up capital of RM50.17 mil.

Dagang Net’s flagship is the National Single Window for Trade Facilitation (NSW), a public project of which it had been the concessionaire since 2009.

In a nutshell, the NSW is a platform that connects traders with the Customs Department and relevant agencies for import and export document processing.

Dagang Net recently received an extension of the contract for two years from Sept 1, 2019, to Aug 31, 2021.

Over its last five financial years, from 2014 to 2018, Dagang Net has been posting net profits of RM17.94 mil, RM20.61 mil, RM33.07 mil, RM32.09 mil, RM27.68 mil respectively.

Its directors are Samsul Husin, Osman Percy King Jones @ Abu Bakar, Abdul Khalil Abdullah, Mohamed Hazli Mohamed Hussain, and Md Saffi Nadzir.

Aside from Dagang Net, other DNex subsidiaries include DNex Solutions Sdn Bhd, a system integrator that has implemented projects worth RM2 bil for the Ministry of Education.

Also, Innovation Associates Consulting Sdn Bhd (IAC) which is the concessionaire of the Government Financial Management and Accounting System (GF-MAS). It’ is understood that IAC also threw a bid for the NIIS.

Mindmatics Sdn Bhd

A closely held corporation, Mindmatics brands itself a “boutique information technology house.” It was incorporated in 2001 with a paid-up capital of RM5 mil.

The company has been posting profits over the last five financial years (2012-2017) of RM35,055, RM656, 351, RM537,297, RM7.89 mil and RM30.33 mil respectively.

According to company filings, the company’s directors are Abdul Wahab Sulaiman and Asfazura Mohd Dhany. Both are 50:50 shareholders.

Mindmatics’ core businesses revolve around providing integrated IT solutions across different segments such as command centre management and cybersecurity.

Infomina Sdn Bhd

Infomina was incorporated on June 11, 2007, with a paid-up capital of RM5 mil. The company provides maintenance and support services for various IT segments.

On Infomina’s official website, among the services the company provides are surveillance, perimeter detection and green energy.

The company has been posting a net profit across its latest five financial years, from 2015 to 2019, of RM377,803, RM284,915, RM804,315, RM1.14 mil and RM3.6 mil respectively.

Infomina’s directors are Mohd Hoshairy Alias, Nasimah Mohd Zain, Lim Leong Ping @

Posted by vespa > 2020-07-27 12:14 | Report Abuse

Wonder how this came about..

Posted by nokia8250 > 2020-07-27 12:30 | Report Abuse

@SunTzu888. Yes I noticed. But I am relatively confident this friend isn't just regular friend. We can place a small bet on this " rumor " . RM10 just for the fun of it. Bank into my account if I am right, I will bank into yours if I am wrong. Wanna?

Posted by vespa > 2020-07-27 12:33 | Report Abuse

these journalists are also in the game...happens in the UK as well so nothing new

Posted by vespa > 2020-07-27 12:34 | Report Abuse

would take all this with a huge dollop of salt

Posted by kingx77 > 2020-07-27 12:42 | Report Abuse

but this few day dsonic have alot of fund come in?

Posted by chengyee > 2020-07-27 13:02 | Report Abuse

Been a while iris high volume trending up, and compared to Iris, the frontrunner Dsonic how? My put can sell the day niis result out.

Posted by Ladiesman217 > 2020-07-27 13:14 | Report Abuse

Looks like SMAX888 knows what’s up

Posted by Ladiesman217 > 2020-07-27 13:14 | Report Abuse

:)

Posted by TopEarn1 > 2020-07-27 13:32 | Report Abuse

Chengyee you still wanna put to sleep?

Posted by TopEarn1 > 2020-07-27 13:37 | Report Abuse

Articles can be wrote without any source as long as it does not violate any sensitive issues. The writer also doesn't take any heavy blame for wrong info.

If CBB says is huge, as his position in the company is too huge to tell fake lies. Furthermore the video is broadcast widely and available anytime anywhere. I think the credibility from Dsonic management is trustworthy thant FM.

Posted by kobethebeagle > 2020-07-27 13:41 | Report Abuse

Just looking at the author twitter, he is on S5 side.

Posted by SMAX888 > 2020-07-27 13:45 | Report Abuse

hang on guys, the announcement is imminent..hearing the presentation by CBB over the weekend via FBB coupled with "big" contract, the current price does no justice on this counter. mentioned before, this will be our retirement counter. u will have no regret...

Posted by SunTzu888 > 2020-07-27 13:50 | Report Abuse

nokia8250.

I'm on. LOL.

Posted by kobethebeagle > 2020-07-27 13:55 | Report Abuse

nokia8250 must have not watch the live, or maybe he is correct?

Chew Ben Ben said clearly in the live interview, if Dsonic is out, he will say out, he claim himself to be very open about these news. And then he added, Dsonic is the forerunner to win.

So if CBB lied openly in the live interview, then all his credibility is gone. He should be smart enough to consider that.

Posted by SunTzu888 > 2020-07-27 13:56 | Report Abuse

nokia8250.

Lets rephrase the word "bet" to "treat of a drink"? that sounds much nicer :)

Posted by nokia8250 > 2020-07-27 14:06 | Report Abuse

@SunTzu888 : Deal. It would be fun. In fact I don't need your RM10, if Dsonic didnt win IIS, you pay it forward for me. Buy a stranger something or just pass him the RM10. I will do the exact same thing unless you wanted the money to be deposited into your account, CAN DO as well. Your choice.

Posted by nokia8250 > 2020-07-27 14:07 | Report Abuse

@Suntzu888 : A drink will also do for me. Why not? I am no here to make enemies. I am here to get news and make friends. If you're the same, it does more good than harm.

Posted by SunTzu888 > 2020-07-27 14:09 | Report Abuse

nokia8250. Same thing. Not intend to make any enemies here. ;)

Posted by nokia8250 > 2020-07-27 14:15 | Report Abuse

@Suntzu888 : Then done deal brother! :)

I really did get my news from someone inside, so I add the word " take it with a pinch of salt " . I cannot guarantee it but I trust that source to a certain extend. I used to hold Dsonic and the warrants. Didn't make from the mother but later during MCO made some from the warrant. I have exited it all after my " friend " told me they're out.

But who knows? My contact may be wrong. Maybe he/she is also told only half a truth or a full lie? If he/she is wrong, everyone here can celebrate and you get a drink! Cheers.

Posted by Heather19 > 2020-07-27 14:54 | Report Abuse

Cheers. added the final batch. We trust Ben Ben.

Posted by CoolJay > 2020-07-27 15:29 | Report Abuse

my avgr price 1.51 lets see...

Posted by dollardollarbill > 2020-07-27 15:36 | Report Abuse

Dsonic definitely in the running la

Posted by dollardollarbill > 2020-07-27 15:37 | Report Abuse

The curious thing is CIMB organising the webinar. Are they planning to write a report or initiate coverage on the stock? If yes, then stock will fly high.

Posted by kobethebeagle > 2020-07-27 15:40 | Report Abuse

https://www.theedgemarkets.com/article/businessman-donated-rm6m-exdpms-yayasan-akalbudi-hopes-bagging-it-project

Those were the days...And I don't think it is any better now seeing that so many GLCs position taken up by politicians..

Posted by chengyee > 2020-07-27 16:32 | Report Abuse

Good luck. Lol tp rm1.

Posted by menotassassin > 2020-07-27 16:37 | Report Abuse

U better be right, me losing 500K now bcoz of u! If by end of tis week still no reach TP RM1, me will use watever left in account to hunt u!

Posted by joyvest > 2020-07-27 16:55 | Report Abuse

what the hell is going on ?

Posted by chengyee > 2020-07-27 17:02 | Report Abuse

Lol..meno, how many analyst have you hunted for not reaching their TPs?

Posted by Heather19 > 2020-07-27 17:43 | Report Abuse

BB teacher forecast order book will be more than 2Billion.
Since BB teacher trademark is sincerity, we must show a bit of sincere support when dsonic goes red. :-)

Posted by JustForFund > 2020-07-27 18:47 | Report Abuse

Dsonic-wa keep going up and Dsonic dropping...interesting.

Posted by frontier > 2020-07-27 19:43 | Report Abuse

call warrants expiring end of the month, don't expect the price to climb for next couple of days

Posted by kobethebeagle > 2020-07-27 22:07 | Report Abuse

I think JustForFund js referring to Dsonic WA, which expires in 2023.

Posted by frontier > 2020-07-27 23:45 | Report Abuse

I'm referring to dsonic price

Posted by CoolJay > 2020-07-28 08:21 | Report Abuse

Siapa la dapat NIIS. Dsonic got chance or not...

Posted by Lim BC > 2020-07-28 09:21 | Report Abuse

keep on buying WA

Posted by kobethebeagle > 2020-07-28 09:35 | Report Abuse

I'm waiting for I-Kad announcement which should be by next week, maybe it will help the price to break resistance!

Posted by soonli > 2020-07-28 09:37 | Report Abuse

yes, high chance to break resistance coz high chance to get the I kad. By the time will be heading to north due to another NIISE contract expected to be out end of August.