KUALA LUMPUR (Nov 7): Edaran Bhd’s share price hit an 18-month high of 71 sen in Tuesday morning trade, after its unit Edaran IT Services Sdn Bhd won a contract to maintain the Royal Malaysian Customs Department’s operating system and MySST (Malaysia Sales & Services Tax) application worth RM89.88 million — which is almost three times the company’s market capitalisation based on its Monday (Nov 6)’s closing price.
In a filing on Monday, Edaran said the contract, which was awarded by the Ministry of Finance, started on Sept 1 and will span a period of four years.
5259 EATECH, E.A.TECHNIQUE (M) BERHAD - + PRACTICE NOTE 17 / GUIDANCE NOTE 3 7 Nov 2023, 17:03 PRACTICE NOTE 17 / GUIDANCE NOTE 3 PRACTICE NOTE 17 / GUIDANCE NOTE 3 E.A. TECHNIQUE (M) BERHAD ("EATECH" OR THE "COMPANY")PROPOSED REGULARISATION PLAN You are advised to read the entire contents of the announcement or attachment. To read the entire contents of the announcement or attachment, please access the Bursa website at http://www.bursamalaysia.com
To get out of pn17 a plan has to be summited for approval. At 9 sen for the proposal? 1. You got an investor to put in 70 over million. 2. Am sure there is a term where this 9 sen stake cannot be sold at a certain period. Kalau bolih siapa tak nak. Assuming it is 30 sen then the amount will be 3x more for the investor to come out. A lower price is just to settle the issue of getting out of pn17. This will enable funds and retailers to invest. 4. Mesti ada sesuatu yg menarik. 5. The Johor factors? Just mine 2 sen worth.
I am certain there will be a big celebration for the BRICS+ on 1-1-2024 and the welcoming ceremony of the 6 new members into the expanded economic group.
If not happy you can sell your units if you still have them and let the new owner groups accumulate from the market. Its oversold already and pending for rebound back to previous 52WH
I just subscribed to Tut tut channel! You have explained it so clearly! I'm blown away, but the number of people that have been brainwashed for so long and do no grasp your valuable information. I'm going to share this with the people i care about. Thank you Tut tut.
R&R= Rumours >Reality? Something must be brewing. Need cash to purchase and hold. Imagine if PN17 lifted….??? And good news??? No wonder @madjin Gun make money ya !!! TP ? Memang worth waiting. All the best everyone!!! Nice weekend!
I was literally watching recently someone say that one key ingredient that very successful people and leaders have is "resilience". If it was easy to become rich or get anything done in life everyone would have no problems and everyone would be rich and reach their goals in life easily, but you're showing you have of one the key qualities of great leaders by showing resilience in the face of great obstacles. Adaptability is also VERY important in reaching one's goals. I always enjoy watching your comments as one can learn much from them. Even from one's failures as well as successes one can learn and become better at trading or anything else in life
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....
ChloeTai
1,452 posts
Posted by ChloeTai > 2023-11-07 16:02 | Report Abuse
KUALA LUMPUR (Nov 7): Edaran Bhd’s share price hit an 18-month high of 71 sen in Tuesday morning trade, after its unit Edaran IT Services Sdn Bhd won a contract to maintain the Royal Malaysian Customs Department’s operating system and MySST (Malaysia Sales & Services Tax) application worth RM89.88 million — which is almost three times the company’s market capitalisation based on its Monday (Nov 6)’s closing price.
In a filing on Monday, Edaran said the contract, which was awarded by the Ministry of Finance, started on Sept 1 and will span a period of four years.
https://theedgemalaysia.com/node/689104