Bank Negara Malaysia (BNM) wishes to announce the five successful applicants for the digital bank licences as approved by the Minister of Finance Malaysia.
A. The following applicants are to be licensed under the Financial Services Act 2013 (FSA):
a consortium of Boost Holdings Sdn. Bhd. and RHB Bank Berhad;
a consortium led by GXS Bank Pte. Ltd. and Kuok Brothers Sdn. Bhd; and
a consortium led by Sea Limited and YTL Digital Capital Sdn Bhd.
B. The following applicants are to be licensed under the Islamic Financial Services Act 2013 (IFSA):
a consortium of AEON Financial Service Co., Ltd., AEON Credit Service (M) Berhad and MoneyLion Inc.; and
a consortium led by KAF Investment Bank Sdn. Bhd.
Three out of the five consortiums are majority-owned by Malaysians namely Boost Holdings and RHB Bank Berhad, Sea Limited and YTL Digital Capital Sdn. Bhd. and KAF Investment Bank Sdn. Bhd.
revenue lose digital banking but thats ok. their core business is on their payment technology and machine rental. lose a war does not mean lose an empire
the huge sell off are caused by the morning session oppurtunist buyer than purchase on bet to get banking license. once wasb off those oppurtunist, the share price will bk to normal
Trust Eddy already start talking to the license winner to build collaboration on the system support. Eddy should make announcement as soon as possible to build back investor confidence.
Ingat hari ni akan jatuh menjunam kerana berita digital banking keluar lepas pukul 5. Maksudnya dah ramai org tahu berita tu. Nak jual pun dah awal awal jual. Ingt hari ni ada peluang beli kat RM1.
When revenue hits 2.42, they have grand plan to expand to oversea like Cambodia or Vietnam but if not mistaken, the money raise for that plan was use to buy more ETC machine. So i wonder the plan to expand oversea has been shelf? If it still in the pipeline, do they need to raise new cash? I believed the expansion is not merely plugging in the ETC machine. There must be alot of backbone insfrastructure needed. Also, they failed in getting the digital banking license, it seems like the growth is capped. No longer explosive. Not to mentioned now Alibaba having some regulatory issues which effect Alipay and therefore affect revenue? Sorry if the info above is incorrect. In the mist of gathering info.
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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....
trustmenojoke
146 posts
Posted by trustmenojoke > 2022-04-29 15:25 | Report Abuse
revenue lost