William Huang

Many Malaysians objected the 1Malaysia email project run by this company. PM Najib even had to explain that this project is privately funded.. which many doubt so.

Check out more details at:
http://www.malaysiakini.com/news/161984
http://www.facebook.com/SayNoTo1MsiaEmail

2011-04-20 17:47

William Huang

This has a good background analysis of Tricubes:
http://anilnetto.com/governance/accountability/tricubes-and-1malaysia-email/

Some excerpt below:

"So, who owns Tricubes anyway?

Apart from CEO Khairul Zainal Mokhtar's 31 per cent stake, Commerce Technology Ventures Sdn Bhd (CTV) owns 16 per cent of Tricubes. Who owns CTV? According to the official portal of the Malaysian Science and Technology Information Centre (Mastic), CTV is a "partnership of Bank Negara Malaysia and the Commerce Group in promoting and developing technology financing in Malaysia".

And "CTV is managed by CAV Private Equity Management Sdn Bhd, a member of the Commerce Asset-Holding Bhd group of companies."

So who actually owns CTV? CIMB Group Holdings Bhd, as can be seen below in CIMB's Annual Report for 2010.

Among the non-executive directors of Tricubes is Khairul's father-in-law, former commissioner of police Zaman Khan."

2011-04-20 17:57

William Huang

** Tricubes shares continue hike despite bad press **

KUALA LUMPUR, April 21 â?? Tricubes Berhad was the biggest gainer in early trading on Bursa Malaysia today, rising 17.5 sen to 33.5 sen despite continued bad publicity and no detailed plans on how it will generate revenue from the 1Malaysia Email project.

Trading volume was high as the stock continues a steady climb after rising 6.5 sen yesterday on news that it will spearhead the Najib administrationâ??s efforts to establish a secure digital channel between the government and Malaysians aged 18 and over.

The little known ACE-listed company, which is in danger of being delisted due to financial irregularities, said yesterday that it would recoup an initial RM5.3 million investment via advertising, online shopping and digital delivery of government bills and notices.

Unbelievable!!

2011-04-21 15:42

jack_ng

CEO Khairul Zainal Mokhtar said as of today only 3,000+ users for 1Malaysia email and their target is 5.4 million users, mission impossible.....

2011-10-06 21:26

hebe pang

any tp for this? william.....

2012-02-21 12:51

Alexander Lim

memang power...

2012-07-04 11:58

Southof Heaven

:)

2012-07-04 15:03

Knight

this company possible can survive for this time?

2012-07-04 16:46

Adam Ryan

High Risk! Last Time I rmmbr Maxbiz, many people are burn that time!

2012-07-04 19:01

uncle joy

adat bermain saham...

2012-07-04 21:07

gajah

Looks like the appeal is successful?

2012-07-10 11:54

richman

this co got the govt touch even with najib and idris jala defending it.how to delist lah?loss of face esp election year

2012-07-10 12:08

soljadu

already twice bad experienced...vastulx n maxbiz..nearly 100k gone...taubat for counter like this

2012-07-10 17:59

limpek4896

WHO ASK U BELIEVE GOVT,EVEN NAJIB ALSO BRING U TO HOR LAN

2012-07-10 18:06

limpek4896

SOLJADU,NEXT TIMES DON TRY PLAY HIGH RISK COUNTER LOL,OR NOT U WILL MANY 100K GONE

2012-07-10 18:08

EmoTrader

1 Malaysia EMail? At PJ got restaurant 1 Malaysia, Package RM1= Roti canai + Teh tarik. haha

2012-08-02 17:44