Posted by Joebkk > 2020-10-23 09:09 | Report Abuse

Egm then 0.38

Posted by BillyK > 2020-10-23 09:09 | Report Abuse

huat huat

Posted by miniyaoming > 2020-10-23 09:13 | Report Abuse

Oh yeah, 0.42 !!!!

Posted by BillyK > 2020-10-23 09:19 | Report Abuse

tmrw 70

Posted by Faiza > 2020-10-23 09:30 | Report Abuse

interesting time
lets go limit up

Posted by Faiza > 2020-10-23 09:59 | Report Abuse

);

Posted by Joebkk > 2020-10-23 10:14 | Report Abuse

Before egm 375 ... after egm sure fly 400+

Posted by amateurJR > 2020-10-23 10:15 | Report Abuse

Lai see how far it can move

Posted by amateurJR > 2020-10-23 10:16 | Report Abuse

Dun greedy hit own tp must take profit

Posted by Joebkk > 2020-10-23 10:28 | Report Abuse

Watching egm live now

Posted by Faiza > 2020-10-23 10:52 | Report Abuse

frm egm, biz recovery shud be fast as no customers cancel contracts
just some delays

Posted by Faiza > 2020-10-23 10:57 | Report Abuse

good acquisition & value buy

Posted by fidaus2005 > 2020-10-23 11:23 | Report Abuse

good egm, time to 46cent

Posted by Faiza > 2020-10-23 15:20 | Report Abuse

https://www.theedgemarkets.com/article/radiant-globaltech-gets-shareholders-nod-buy-majority-stake-grandflo-spritvest?type=malaysia

Posted by Bourbon > 2020-10-23 21:03 | Report Abuse

the timing is just very unfortunate lah..

Posted by MAM2020 > 2020-10-23 22:58 |

Post removed.Why?

Posted by Faiza > 2020-11-02 13:48 | Report Abuse

acquisition of GF Spritvest completed.
shud see growth in bottomline

Posted by Faiza > 2020-11-02 13:48 | Report Abuse

interesting time

Posted by kenie > 2020-11-05 10:06 | Report Abuse

Radiant Globaltech gets shareholders' nod to buy majority stake in Grand-Flo Spritvest

KUALA LUMPUR (Oct 23): Retail technology solutions provider Radiant Globaltech Bhd has obtained its shareholders’ approval to acquire an 80% stake in Grand-Flo Spritvest Sdn Bhd (GF Spritvest) for RM11.6 million cash.

Radiant Globaltech had on Sept 10 said the remaining 20% will be held by Jejaka 7 Capital Sdn Bhd, in which GF Spritvest director and chief executive officer Cheng Ping Liong holds majority equity interest of 55%.

In a bourse filing, Radiant Globaltech said its shareholder approved the acquisition at its extraordinary general meeting today.

It said the acquisition of GF Spritvest would allow the group to expand its customer coverage to include non-retail customers such as fast-moving consumer goods (FMCG), electronics, and utilities industries in Malaysia.

Radiant Globaltech managing director Paul Yap Ban Foo said the firm intends to integrate GF Spritvest’s software offerings to its AX B2Ba platforms, and combine technical support service teams.

“This allows us to create a synergistic effect through enhanced solutions and capture a larger market share in the non-retail segments, including the FMCG, electronics and utilities segments.

“Once the regional borders are open, we will have the opportunity to bring GF Spritvest’s software offerings to countries where we have established a direct presence, namely Cambodia, Vietnam and Thailand.

“This would bring us one step closer to reaching our goal of becoming a leading total integrated technology player,” Yap said.

Radiant Globaltech said the acquisition is supported by a service agreement with Cheng, who will continue to lead GF Spritvest.

Further, it said Cheng would provide a cumulative net profit guarantee of RM3.2 million from the completion date of the share sale agreement (SSA) until the financial year ending Dec 31, 2022.

The firm said the acquisition is expected to be completed in the fourth quarter of 2020, pending the fulfilment of terms of the SSA

A unit of Main Market-listed Grand-Flo Bhd, GF Spritvest provides electronic data capture and collation solutions that enable businesses to manage and collate data with barcode and radio-frequency identification technology.

Its clientele includes prominent companies in the fast-moving consumer goods and electronics industries, as well as government-linked companies in Malaysia.

At midday break today, Radiant Globaltech rose 7.35% or 2.5 sen to 36.5 sen, valuing it at RM191.69 million.

Posted by kenie > 2020-11-05 10:08 | Report Abuse

Cheng would provide a cumulative net profit guarantee of RM3.2 million from the completion date of the share sale agreement (SSA) until the financial year ending Dec 31, 2022.

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hahaha...Granflo own Grand-Flo Spritvest Sdn Bhd also financial losses 3mil how to profit guarantee 3.2mil to Rgtech

Posted by trader233 > 2020-11-05 16:25 | Report Abuse

Come on rgtech 50c

Posted by Faiza > 2020-11-05 20:28 | Report Abuse

Nice

Posted by thesteward > 2020-11-06 01:40 | Report Abuse

Rgtech could fly like techfast

Posted by Faiza > 2020-11-13 09:58 | Report Abuse

huat huat

Posted by Faiza > 2020-11-13 10:13 | Report Abuse

tp50

Posted by Faiza > 2020-11-13 15:05 | Report Abuse

go limit up

Posted by Faiza > 2020-11-13 15:24 | Report Abuse

fly like tecfast

Posted by Faiza > 2020-11-13 17:10 | Report Abuse

tmrw limit up

Posted by kfoong81 > 2020-11-13 22:37 | Report Abuse

calm down Faiza, tomorrow Saturday liao.. ;)

Posted by maxstore769 > 2020-11-14 09:13 | Report Abuse

bull pattern

Posted by Amukutty > 2020-11-14 13:57 | Report Abuse

Yes Faiza i hope and pray Q3 results will be good.Enough of waiting.Just want to have a peace of mind.

Posted by Faiza > 2020-11-14 15:57 | Report Abuse

Likely will hve profit contribution frm newly acquired spritvest, great synergy with existing biz, great potential

Posted by CalvinKang > 2020-11-19 19:28 | Report Abuse

rgtech's movement a little bit slow. but full of potential. hold tight

Posted by Faiza > 2020-11-20 10:36 | Report Abuse

https://www.theedgemarkets.com/article/covid19-catalyst-businesses-digital-transformation-journey

KUALA LUMPUR (Nov 19): As businesses accelerate their migration to digital technologies, driven by the Covid-19 pandemic, they need to ensure the process continues during the recovery and post-pandemic periods, Malaysia Digital Economy Corporation (MDEC) chief executive officer Surina Shukri said.

She said the digital transformation wave is still under way in many industries, both in Malaysia and the Asia-Pacific region, especially among the small and medium enterprises (SMEs) where they are focusing on the digitalisation of products, services and business processes.

While doing so, businesses also need to start adopting the Fourth Industrial Revolution (IR4.0) technologies, she said at a spotlight session entitled “APEC’s Artificial Intelligence (AI) Opportunity”, in conjunction with APEC CEO Dialogues 2020 today.

Posted by Faiza > 2020-11-20 10:37 | Report Abuse

digitalisation of biz is the future
in a year tp1.50

Posted by Faiza > 2020-11-20 10:38 | Report Abuse

buy and keep
see the returns in a year
few 100%

Posted by orange11 > 2020-11-20 11:50 | Report Abuse

next few years should be good
expecting robust growth
if not good, just sell then

Posted by orange11 > 2020-11-20 14:50 | Report Abuse

amukutty, if next few quarters showing growth,
next 1 to 3 yrs will be joyride up the moon
digitalisation is the trend now, not only bcause of pandemic, also to
increase efficiency and optimise resources

Posted by maxstore769 > 2020-11-21 09:37 | Report Abuse

thanks for idea

Posted by willee2 > 2020-11-22 22:05 | Report Abuse

rm1 next year :)

Posted by jack2 > 2020-11-23 07:49 | Report Abuse

https://www.theedgemarkets.com/article/technology-players-among-businesses-most-receptive-budget-2021

Posted by maxstore769 > 2020-11-23 22:21 | Report Abuse

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Posted by phyroxus > 2020-11-24 18:08 | Report Abuse

what a shame stock, price drop again

Posted by Happy2244 > 2020-11-25 18:58 | Report Abuse

qr good or bad？

Posted by wakarimas > 2020-11-25 19:37 | Report Abuse

result so bad. as expected, run run run........

Posted by trader233 > 2020-11-25 19:54 | Report Abuse

It's earning compared to 1st & 2nd qtr.. See all the result lah..

Posted by wakarimas > 2020-11-26 03:29 | Report Abuse

see the pe so high..... and the profit macam not promising.,...hoot revenue faster

Posted by orange11 > 2020-11-26 21:28 | Report Abuse

Result below expectation with covid
Will see next 2Q how it fares

Posted by orange11 > 2020-11-27 08:58 | Report Abuse

results is disappointing but price is well supported
that is possibility the positive side and lookg towards next year performance

Posted by amiruddinaaziz7 > 2020-12-02 19:36 | Report Abuse

so quiet meh