Curently under value at 80% based on EPS 2.56 sen (IRR @ 5% @ 52 sen).. become long term FD still ok.. once project secured (any time).. sky is the limit.. we makan sama2...
Sedania deploys solutions to some of Malaysia's new digital banks By Farah Adilla - May 12, 2022 @ 10:39am
KUALA LUMPUR: Sedania Innovator Bhd is deploying a full suite of digital banking solutions to the recently-announced recipients of Malaysia's digital banking licences.
In a statement today, the company said the solutions would be deployed via its fintech arm Sedania As Salam Capital Sdn Bhd and its technology partners.
On April 29, Bank Negara Malaysia announced the five successful applicants for the digital bank licences, as approved by the Ministry of Finance.
Among the winners under the Islamic Financial Services Act 2013 (IFSA) is a consortium involving Aeon Credit Service (M) Bhd, which currently uses Sedania As Salam's Integrated Tawarruq Trading Solution for Islamic Financial Institutions.
Through its partnership with Sedania As Salam, the client currently offers a shariah compliant personal financing product to platform users of its super app.
Sedania As Salam chief executive officer Khairul Nisa Ismail said the company was supporting its clients to roll out market-ready solutions within the stipulated time.
"Additionally, we are very keen to explore the possibility of partnering with the other three new digital banking licence holders. Sedania As Salam possesses the technological capabilities and experience to complement efforts aimed at establishing their respective digital banking infrastructures," she said.
Among the partners that Sedania As Salam has partnered with are internationally-recognised technology players Crealogix and Mambu, both which are already operating seamlessly using digital solutions within these new types of digital banking environments.
Crealogix, a Swiss fintech 100 company, is a global leader in digital banking technology with 25 years of experience providing to world-leading financial institutions.
Mambu is a German software company headquartered in Berlin. It provides infrastructure for banks and financial service providers according to the software as a service model.
Looks like, based on your NST article. Sounds very positive. It seems their system could be used to control all the recently approved digital banking licenses by BNM.
Sedania Innovator Deploys Fintech Solutions For Recently Awarded Digital Bank License Recipients By Editor -May 12, 2022
Sedania Innovator Bhd is deploying a full suite of digital banking solutions to the recently announced recipients of Malaysia’s digital banking licences, via its Fintech arm SEDANIA As Salam Capital Sdn Bhd and its technology partners.
Currently winners under the Islamic Financial Services Act 2013 (“IFSA”) a consortium involving AEON Credit Service (M) Berhad, already uses the Sedania As Salam’s Integrated Tawarruq Trading Solution for Islamic Financial Institutions.
Additionally, another client of the Group is part of a consortium, which secured one of the three (3) conventional digital banking licences under the Financial Services Act 2013 (“FSA”). Through its partnership with SEDANIA As Salam, the client currently offers a Shariah compliant personal financing product to platform users of its super app.
“We are delighted that our existing clients obtained the much sought-after digital banking licences, be it in the conventional or Islamic space. We are supporting our clients to roll out market-ready solutions within the stipulated time,” said Sedania As Salam Chief Executive Officer Khairul Nisa Ismail.
The tech firm has been powering more than 80 clients with its patented API-based Digital Commodities Platform that enables seamless Straight Through Processing capabilities for Islamic Consumer Retail Products.
Nisa adds that SEDANIA As Salam’s unique Digital Akad sets SASC apart from other peers in the market and the region as it helps Islamic Banking sectors to connect with customers for seamless Akad processes and subsequently, enable faster turnaround times for financing disbursements.
“Our latest agile and composable ecosystem resonates well with Financial Services Institutions (FSIs) that are moving fast towards digital banking readiness. In the last 12 months, SEDANIA As Salam has been continuously working closely with our key partners who were contending for the digital banking licences by better integrating our technology platforms with their respective banking solutions,” Nisa elaborates.
Among the notable tech partners that SEDANIA As Salam has partnered with include internationally recognised technology players including CREALOGIX and MAMBU, both of which are already operating seamlessly using digital solutions within these new types of digital banking environments.
CREALOGIX, a Swiss fintech 100 company, is a global leader in digital banking technology with 25 years of experience providing to world-leading financial institutions.
Meanwhile, MAMBU is a German software company headquartered in Berlin. It provides infrastructure for banks and financial service providers according to the software as a service model.
With 2 customer obtaining the digital licence, and a possibility of another 3 more will be Sedania customer. But it seams like the news didn’t attract much buying interest in this Sedania share. Let’s wait and see.
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....
Tiger I
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Posted by Tiger I > 2022-05-10 14:42 | Report Abuse
game start as emntion lets ride togetehr... cheap sale still avaiable