If the govt wants investment money and creating new jobs and helping the poor without access to banks, the govt would expedite the digital bank in Malaysia.

Hope for the best

Nobody knows indeed. Wait till the submission of their applications, team up with whom, etc :)

@Joseph2020 Victor Yong. 谁是马来西亚首个数字银行牌照的竞争者？
28/06/2020 11:57 AM

Surely no problem, GP will bid for the licence as a consortium with others, the digital bank will be put under a new subsidiary if successful

@Joseph2020 下午好。 谁能告诉我们Gpacket是否符合马来西亚国家银行设定的1和2要求？
28/06/2020 11:41 AM

Dated mar 20, 2020

Update: In view of the interference caused by the COVID-19 outbreak, the National Bank of Malaysia would like to inform and inform that the consultation period for the consultation draft has been extended to June 30, 2020.

The National Bank of Malaysia today released the latest solicitation for a digital banking licensing framework, which includes the proposed simplified regulatory framework for digital banking that applies to the basic stage. The purpose of the simplification is to reduce the regulatory burden of new entrants who have a strong value proposition for Malaysia’s economic development, while maintaining the integrity and stability of the financial system.
The main functions of the simplified regulatory framework include:

1. Capital adequacy ratio requirements: The risk categories for calculating the credit and market risk components of risk-weighted assets based on the Basel II capital framework have been rationalized; and
2. Liquidity requirements: 25% of the on-balance sheet liabilities of digital banks must be held with high-quality current assets.

After the basic phase, digital banks will be required to comply with all equivalent regulatory requirements applicable to existing banks.

Possible for GP to spin off kiplePay as another listed company via IPO like AirAsia & AAX to maximize shareholders' value?

:)

Would GP be the next one? :)


iflix reportedly sold to Wechat's parent company, Tencent.
Ren Feng Media Tech Inc. is now displayed as the owner of the iflix app on the app stores.
Alfred Lee24 Jun, 2020

iflix reportedly sold to Wechat's parent company, Tencent.
Streaming video service, iflix, has possibly been acquired by China's Tencent Holdings, according to a report by technology news website, Lowyat.net.

Earlier today, Lowyat.net discovered that the name of the company name displayed on both iflix's Google Play and App Store pages has now been updated to Ren Feng Media Tech Inc, a subsidiary of Tencent Holdings.


iflix app is now listed under Renfeng Media Tech Inc.
Earlier this month, news broke out that iflix was searching for a potential buyer as the company's losses continued to increase, reportedly having just $12.7 million in cash reserves as of September 2019.

According to the report, iflix declared a net loss of $158.1 million in 2018, and as of September 2019, the company had just $12.7 million in cash reserves.


The iflix app.
This acquisition is likely very beneficial to Tencent, as the company will now have a new avenue to distribute China-produced content in the SouthEast Asian region via iflix.

iflix users have also often expressed discontent that the streaming service lacked much international content, making it less compelling to Netflix.

This could all change if Tencent has taken over the company, and the beginning of much more Chinese content in SouthEast Asia.

Yaloh, macam beruk terkena belacan :) no short selling allowed, wasting time talking bad things here and promoting other stocks. Tiga suku, gila :p

@Kinvestshare you seen ppl like ict1975 comment, you should sensed she is creating fear for panic seller to sell low price to her..
27/06/2020 5:14 PM

Those who are not happy with GP's MAICSA qualified Company Secretary for whatever reason, could file a complaint with MAICSA or Bursa if your dare :)

COMPANY SECRETARY
Tai Siew May (MAICSA 7015823)

GP is a very reputable company with international external auditor, banker, MAICSA qualified Company Secretary, etc. Salute!

REGISTERED OFFICE / HEAD OFFICE
B-23A-3, The Ascent Paradigm
No. 1, Jalan SS 7/26A, Kelana Jaya
47301 Petaling Jaya
Selangor Darul Ehsan

SHARE REGISTRAR
BoardRoom Share Registrars Sdn Bhd
(formerly known as Symphony Share
Registrars Sdn Bhd)
Level 6, Symphony House
Pusat Dagangan Dana 1
Jalan PJU 1A/46
47301 Petaling Jaya
Selangor Darul Ehsan

PRINCIPAL BANKERS
HSBC Bank Malaysia Berhad
2 Leboh Ampang
50100 Kuala Lumpur
OCBC Bank (Malaysia) Berhad
Menara OCBC, 18 Jalan Tun Perak
50500 Kuala Lumpur.
AUDITORS
Messrs Crowe Malaysia PLT
Chartered Accountants
Level 16 Tower C
Megan Avenue II
12 Jalan Yap Kwan Seng
50450 Kuala Lumpur

AUDIT COMMITTEE
Boey Tak Kong
Chairman
Tan Sri Datuk Dr. Haji Omar Bin Abdul Rahman
A. Shukor Bin S.A. Karim
NOMINATION COMMITTEE
Tan Sri Datuk Dr. Haji Omar Bin Abdul Rahman
Chairman
Boey Tak Kong
A. Shukor Bin S.A. Karim
TALENT AND REMUNERATION COMMITTEE
Tan Sri Datuk Dr. Haji Omar Bin Abdul Rahman
Chairman
A. Shukor Bin S.A. Karim
Puan Chan Cheong
Dato’ Lai Yit Loong
COMPANY SECRETARY
Tai Siew May (MAICSA 7015823)

CTOS is GP punya customer plus GP Dan syarikat associate, G3 juga fokus segment ini. :)

The big data game has been set alight in Malaysia. Quietly, a number of mergers and acquisitions (M&As) have been taking place in the sector, indicating a growing competitive business landscape that holds much future growth potential.

At the centre of this are credit reporting agencies (CRAs) - essentially companies that are able to scrape as much data about individuals and companies to rate or score them in some way. These ratings are then sold to financial institutions or other firms keen to do business with such parties.

Another aspect of CRAs is that they offer products directly to consumers to help them better understand their ratings and improve them.

This week, CTOS Data Systems Sdn Bhd, Malaysia’s largest CRA, acquired CIBI Information Inc in the Philippines. The purchase of CIBI, which is one of Philippines’ most established players, marks CTOS’ first foray outside of Malaysia.

CTOS itself was the subject of a significant M&A when in 2014 private equity firm Creador forked out RM215mil to acquire a 70% stake.

Creador has been actively involved in growing the CTOS business and industry sources indicate that the PE firm is currently valuing CTOS at around RM1bil.

More M&A deals have taken place.

Perhaps the most significant one was that which involved a fight for control over a CRA called RAM Credit Information Sdn Bhd (RAMCI).

Late last year, RAM Holdings Bhd decided to sell its 33.15% holding in RAMCI, which was founded in 2000.

Industry players say RAM decided to divest as they were not hands-on in this business and also after realising the stake could fetch a tidy sum.

A sales process was called and it is understood that one of the front runners was CTOS.

CTOS already had a 16% stake in RAMCI which it bought in July 2019 for RM27mil from Main Market-listed Omesti Bhd, yet another player in the scene. But a surprising bidder emerged as winner, namely Ireland-based Experian, a global information services company that’s been boosting its presence in the region.

The figure paid by Experian for the controlling stake in RAMCI, while undisclosed, is said to be a new record in the valuations of CRAs in Malaysia. Experian, which had been a long-time shareholder of RAMCI, says the purchase of RAM’s controlling stake is strategic as it extended Experian’s position in Asia-Pacific.

“We added a fourth credit bureau, besides India, Australia and Singapore, to our operations in the region, ” Experian Credit & Information Services Malaysia chief executive office Dawn Lai tells StarBizweek. Following this corporate exercise, Experian has upped its stake in RAMCI to 74%, buying out other shareholders. CTOS also raised its stake to 26% at present. With CTOS and RAMCI (since renamed Experian), the main two players competing in the credit reporting space in Malaysia, it remains an odd situation that CTOS remains a minority shareholder in the latter. When asked on this, Creador’s founder and chief executive officer Brahmal Vasudevan says “we lost the bid for RAM’s controlling stake (in RAMCI) last September to Experian. So we need to decide what to do.”

Since then, there have been more developments taking place that make this credit information space an interesting one to watch. Just two months ago, Sunway group, a conglomerate involved in traditional businesses from real estate to construction, education and medical services, surprisingly said it was buying a 51% stake in Credit Bureau Malaysia (CBM), said to be the third largest CRA in the country.

But why? The deal revealed a hitherto little-known ambition of the Sunway group to get into the financial technology (fintech) space in a big way. In fact, Sunway reckons that owning CBM, which focuses on financial inclusion of the SME sector, puts it in a good position to become a licensed digital bank in Malaysia. The other shareholder of CBM is Credit Guarantee Corp Malaysia Bhd - an organisation that aims to assist micro, small and medium size enterprises with inadequate or without collateral and track record to obtain credit facilities from financial institutions by providing guarantee cover on such facilities.

However, CBM is said to be one of the smaller players in the CRA game and Sunway will need to figure out a strategy that would make their investment into CBM worthwhile.

Sunway declined to comment for this article.

Expanding sector

Meanwhile, Omesti, which sold off its minority RAMCI stake last year to CTOS, has announced plans to re-enter the space. It has teamed up with CRIF, an Italy-based credit information company to venture into credit reporting. Both Experian and CRIF have been seeking to grow their global footprint. Outside the country, one of the oldest companies in the business, Dun & Bradstreet Holdings Inc, whose origins can be traced to 1841, has recently filed for an IPO in the US to raise US$1.4bil.

Dah mau datang, sabar je :)

Green Packet in tie-up with Tencent to provide e-KYC | The Star
14 May 2020 · PETALING JAYA: Green Packet Bhd and China's Tencent Holdings Ltd have inked an agreement to leverage on Tencent Cloud to ...

Green Packet partners Tencent Cloud for e-KYC offering | The Star
14 May 2020 · Green Packet's unit KiplePay Sdn Bhd will leverage on Tencent Cloud's facial recognition and machine learning capabilities to build a ...

Tencent to partner Green Packet for cloud services | KLSE Screener
13 Jun 2020 · GREEN Packet Bhd has secured Tencent as the tech partner for the roll-out of their cloud services in Malaysia, according to sources.

Green Packet's Kiplepay teams up with Tencent Cloud to provide e-KYC services ...
13 May 2020 · Green Packet Bhd's wholly- owned unit Kiplepay Sdn Bhd signed an agreement with the cloud computing arm of Chinese technology ...

Green Packet hits daily upper limit on digital banking speculation | The Edge Markets
18 May 2020 · In an earlier announcement, Green Packet said its KipleID e-KYC will deploy Tencent's patented solutions, which can assist banks and ...

Green Packet:
KipleID e KYC
Tencent eKYC
Tencent Cloud

CC Puan - Posts | Facebook
Excited because Green Packet Berhad is going to start a new journey with Tencent Cloud. Thrilled because our KipleID e-KYC solution that leverages ...

Chinese telco group to partner with Green Packet and XOX to roll out 5G?
20 May 2020 · Green Packet's KiplePay had recently signed an agreement with Tencent Holdings which will allow them to tap on Tencent Cloud .

Puan holds ~30% stake in GP now. More to come :)

Great!

DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS) : DEALINGS DURING CLOSED PERIOD
GREEN PACKET BERHAD

Type Announcement
Subject DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS)
DEALINGS DURING CLOSED PERIOD
Description ACQUISITION OF ORDINARY SHARES BY MR PUAN CHAN CHEONG, GROUP MANAGING DIRECTOR AND CHIEF EXECUTIVE OFFICER
The Company has received a notice dated 25 June 2020 from the Group Managing Director and Chief Executive Officer, Mr Puan Chan Cheong that he has acquired 14,260,300 ordinary shares from the open market during the closed period of the Company (pending release of its First Quarterly Financial Results for the period ended 31 March 2020).



The changes in the current shareholdings of Mr Puan Chan Cheong are shown in the Table below:-



Date of acquired

Direct Interests

% #

Consideration (RM)

Deemed Interest @



B/f

107,336,824



-

169,200,000



25/6/2020

14,260,300



8,069,761.167

-





121,597,124

12.14



169,200,000

16.90



Note :

# The calculation of percentage ratio excludes 7,707,700 treasury shares.

@ Deemed interested via Green Packet Holdings Ltd pursuant to Section 8 of the Companies Act 2016.

He doesn't hold any Warrants B.



This announcement is dated 25 June 2020.





Announcement Info
Company Name GREEN PACKET BERHAD
Stock Name GPACKET
Date Announced 25 Jun 2020
Category General Announcement for PLC
Reference Number GA1-25062020-00061

Malaysia is gearing up for a digital banking revolution
Malaysia is gearing up for a digital banking revolution
Joe DevanesanBy Joe Devanesan on June 11, 2020
Digital banks are set to be introduced in Malaysia, with regulators ready to provide 5 digital banking licenses
Delays caused by the pandemic have delayed license application processing, but digital banks still look on-track to be introduced in 2021
More than 70% of Malaysians are looking forward to a digital banking revolution
Over the last 20 years, the financial services industry in Malaysia has slowly but surely been transitioning towards adopting digital banking services.

Since the early 2000s, advances in IT capabilities, combined with the deregulation of internet services by the Federal Bank of Malaysia (BNM) and mounting globalization efforts, saw new technologies being introduced into the Malaysian financial sphere.

By the end of 2005, there were 12 banks offering internet banking facilities in the country, and five banks had introduced mobile banking facilities.

Traditional bank cards with magnetic strips were being phased out in favor of newer chip-based ATM cards that promised new types of banking and payment choices along with more stringent ID security. MEPS Cash was also introduced, the first nationwide e-wallet scheme as an alternative to making retail payments.

This level of banking disruption hadn’t been experienced in the country since Malaysia began performing transactions via ATMs over 40 years ago, the first time alternatives to over-the-counter banking were offered.

Digital banking in Malaysia
Now, Malaysia finds itself on the precipice of another financial industry revolution, with Bank Negara Malaysia (BNM) set to issue up to five digital banking licenses for the first time.

BNM’s release of its Exposure Draft on Licensing Framework for Digital Banks had set the stage asking for feedback from prospective digital licensors in December 2019. But in the wake of the COVID-19 pandemic, BNM extended its digital banking framework deadline to June 30 this year, with possibly more delays depending on hurdles in the evolving pandemic landscape.

Both the initial announcement and the deadline extension were met with a flurry of activity from both traditional banks and players in the fintech scene who are all angling to get their applications in for one of these limited licenses.

Despite eased regulations to apply, a digital bank is still going to be a real bank, and will have to comply with forward-looking BNM regulations. As part of the framework requirements, digital bank applicants will need to demonstrate their sustainability and sound operational set up, including showing a defined asset threshold not exceeding RM2 billion (approx. US$468 million) in its initial 3 to 5 years of operations; have robust risk management and compliance procedures; be able to access to deep customer data analytics; must have strong capital strength; and must comply with the Financial Services Act (FSA) and Islamic Financial Services Act (IFSA) regulations, with simplified regulatory requirements at the initial stage.

‘New players on the block’
The interruption caused by COVID-19 has had both positive and negative effects on the fintech service providers vying for the licenses. William Dale, the Regional Director Asia Pacific (APAC) at Mambu, a cloud-native Software-as-a-Service (SaaS) digital banking platform, said: “Banks and financial institutions in Malaysia must decide how they’re going to take advantage of the exciting opportunity that is in front of them, namely, the digital banking revolution about to take place.

“Banks that are reluctant or slow to change to a more digital approach will face enormous competition from the new players on the block…”

While the deadline extension might be a boon for fintech players, the pandemic also acted as a catalyst to turn individuals and enterprises in Malaysia to digital avenues for purchases, productivity, and content. These are trends that the coming wave of digital banks is set to leverage.

Malaysians can’t wait to use digital banking services it appears: a PwC report found that 74 percent of Malaysians are interested in becoming a customer of a virtual bank, and 77 percent are interested in additional services provided by banks beyond the usual financial products.

“For consumers, the main benefits of digital banking will be greater access to financial services at a lower cost, with the introduction of digital banking into Malaysia expected to ultimately drive down the cost of banking services through self-serve technology and automation,” Mambu’s Managing Director APAC, Myles Bertrand, told Tech Wire Asia.

“Eliminating the ‘bricks and mortar’ presence of a bank will also have a hugely positive impact on the cost of banking, for both consumers and the financial institutions themselves.”

Banking the unbanked?
This is in line with BNM’s stated objective of leveraging digital financial services t

a lot of people here talked about a gang buying and selling to manipulate price. it is a free market, if u believe in the fundamental value of gp, why did u care others sell at lelong price? u should buy more, right? unless u r speculator, buy and sell based on graph, rumour, hearsay, etc. then, u deserve to lose your wealth due to greed, naiveness,etc. right?

1bil shares +, say, about 30% free float, ~300mil shares in the open market. Share price fell from RM1.65 to 56.5sen, many innocent greedy speculators suffered a lot, perhaps, some speculators are going to declare bankrupt, etc.

Market Cap: 570 Million
NOSH: 1,009 Million

good for GP as the first white label e-wallet player approved by BNM recently. :)


Malaysia leads e-wallet usage in South-East Asia
The Malaysian Reserve·11 hours ago

good for GP as the first white label e-wallet player approved by BNM recently. :)


Malaysia leads e-wallet usage in South-East Asia
The Malaysian Reserve·11 hours ago

Write a comment..ok lah, dah mula beli balik :) good sign!

25-Jun-2020 MR PUAN CHAN CHEONG 25-Jun-2020 Acquired 14,260,300 0.565 12.14 16.90 29.04 View Detail
23-Jun-2020 MR PUAN CHAN CHEONG 23-Jun-2020 Acquired 5,000,000 0.670 10.72 16.90 27.62 View Detail
12-Jun-2020 MR PUAN CHAN CHEONG 12-Jun-2020 Acquired 3,851,900 0.670 10.27 17.03 27.30 View Detail
12-Jun-2020 MR PUAN CHAN CHEONG 11-Jun-2020 Acquired 2,500,000 0.700 9.91 17.03 26.94 View Detail
12-Jun-2020 MR BOEY TAK KONG 12-Jun-2020 Acquired 5,000 0.650 0.22 0.00 0.22

he/she purchased gp at RM1.65 kot? very bitter now :)


@SamSam ict something looks like a little girl bitching n whining about everything. lol

other than that, this stock is getting more n more interesting...

remember...past history does not equate that the future will be the same.

its naive and you will have wasted a good opportunity to make money

the key word here is to be objective and impartial...and do not let your emotions come in.

lessons that even i have to keep reminding myself

good luck
25/06/2020 9:52 PM

Balik July 28, 2019 punya harga sekarang. :p sudah jadi best buy? :)

GRNP Historical Data

Time Frame:

Weekly
06/27/2019 - 06/25/2020

Date Price Open High Low Vol. Change %
Jun 21, 2020 0.565 0.700 0.700 0.555 91.83M -18.12%
Jun 14, 2020 0.690 0.700 0.735 0.645 407.23M 0.00%
Jun 07, 2020 0.690 0.720 0.755 0.645 233.99M -1.43%
May 31, 2020 0.700 0.840 0.920 0.690 352.23M -16.17%
May 24, 2020 0.835 1.010 1.040 0.815 136.90M -14.36%
May 17, 2020 0.975 1.250 1.650 0.900 298.98M -19.42%
May 10, 2020 1.210 0.830 1.270 0.800 375.89M 48.47%
May 03, 2020 0.815 0.610 0.820 0.605 226.32M 32.52%
Apr 26, 2020 0.615 0.545 0.640 0.540 116.06M 13.89%
Apr 19, 2020 0.540 0.570 0.580 0.505 11.44M -3.57%
Apr 12, 2020 0.560 0.515 0.590 0.515 7.20M 8.74%
Apr 05, 2020 0.515 0.475 0.560 0.475 8.64M 7.29%
Mar 29, 2020 0.480 0.485 0.505 0.450 7.02M -1.03%
Mar 22, 2020 0.485 0.450 0.515 0.395 6.47M 6.59%
Mar 15, 2020 0.455 0.530 0.545 0.420 9.53M -22.88%
Mar 08, 2020 0.590 0.680 0.680 0.540 28.49M -15.11%
Mar 01, 2020 0.695 0.695 0.735 0.660 18.95M -2.80%
Feb 23, 2020 0.715 0.850 0.900 0.715 47.38M -21.86%
Feb 16, 2020 0.915 0.745 0.935 0.740 143.27M 23.65%
Feb 09, 2020 0.740 0.700 0.755 0.685 26.71M 6.47%
Feb 02, 2020 0.695 0.635 0.725 0.605 11.93M 8.59%
Jan 26, 2020 0.640 0.640 0.650 0.620 6.41M -1.54%
Jan 19, 2020 0.650 0.650 0.675 0.630 7.07M -0.76%
Jan 12, 2020 0.655 0.690 0.690 0.645 5.38M -3.68%
Jan 05, 2020 0.680 0.690 0.690 0.660 9.81M -1.45%
Dec 29, 2019 0.690 0.685 0.695 0.685 4.20M 0.00%
Dec 22, 2019 0.690 0.685 0.695 0.685 2.38M 0.00%
Dec 15, 2019 0.690 0.695 0.695 0.685 3.95M -0.72%
Dec 08, 2019 0.695 0.710 0.730 0.690 4.80M -0.71%
Dec 01, 2019 0.700 0.725 0.730 0.695 8.73M -3.45%
Nov 24, 2019 0.725 0.690 0.740 0.685 28.01M 5.07%
Nov 17, 2019 0.690 0.700 0.710 0.670 44.09M -1.43%
Nov 10, 2019 0.700 0.720 0.730 0.690 53.79M -2.78%
Nov 03, 2019 0.720 0.735 0.745 0.715 26.64M -1.37%
Oct 27, 2019 0.730 0.730 0.740 0.720 19.89M 0.00%
Oct 20, 2019 0.730 0.745 0.750 0.720 19.32M -2.01%
Oct 13, 2019 0.745 0.720 0.770 0.720 73.00M 4.20%
Oct 06, 2019 0.715 0.720 0.735 0.710 27.50M 0.00%
Sep 29, 2019 0.715 0.755 0.775 0.700 90.03M -5.30%
Sep 22, 2019 0.755 0.720 0.760 0.690 70.50M 4.14%
Sep 15, 2019 0.725 0.680 0.735 0.680 63.36M 6.62%
Sep 08, 2019 0.680 0.665 0.685 0.650 82.00M 2.26%
Sep 01, 2019 0.665 0.625 0.670 0.605 58.48M 7.26%
Aug 25, 2019 0.620 0.625 0.630 0.600 36.25M -3.88%
Aug 18, 2019 0.645 0.580 0.650 0.570 76.24M 11.21%
Aug 11, 2019 0.580 0.570 0.585 0.555 17.34M 0.87%
Aug 04, 2019 0.575 0.580 0.590 0.515 58.90M -0.86%
Jul 28, 2019 0.580 0.595 0.630 0.575 136.89M -1.69%

Puan, turn the entire GP into something like P1 for sale to tencent, etc :)

Telekom Malaysia strikes RM560mil deal with Packet One | The Star
28 Mar 2014 · “TM will anchor the growth and development of P1, while Green Packet will render its management expertise to ensure P1's business ...

Tengok graf , kata oversold pulak. Graf tak boleh dipakai :)

RSI(14) Neutral 33.2
Stochastic(14) Oversold 5.0
Average Volume 41,474,700
Relative Volume 2.2

A1 park project under associate company, G3 jika launch nanti, harga saham GP juga Akan Naik :)


G3 Global, together with AI company SenseTime and China Harbour Engineering, are collaborating to establish Malaysia’s first AI park with an investment of US$1 billion over the next five years.

Despite the recent change in government, Puan says Putrajaya is still keen on the privately funded project, which he believes will help Malaysia to realise its Industry 4.0 goals.

“The concept is still in development, but the goal is very clear. We aim to put the nation on the fast track to becoming the regional hub for advanced technology. This project will definitely attract FDI (foreign direct investment), create home-grown innovations and develop future-ready talents,” he declares.

Becoming a subsidiary of tencent is the best option. Associate company, G3, is considering venture with China Giant companies too. :)

MEMORANDUM OF UNDERSTANDING G3 GLOBAL BERHAD ("G3" OR THE "COMPANY") Status update on the Memorandum of Understanding between the Company and SenseTime Group Ltd and China Harbour Engineering Company Ltd
G3 GLOBAL BERHAD

Type Announcement
Subject MEMORANDUM OF UNDERSTANDING
Description G3 GLOBAL BERHAD ("G3" OR THE "COMPANY")
Status update on the Memorandum of Understanding between the Company and SenseTime Group Ltd and China Harbour Engineering Company Ltd
Reference is made to the announcements dated 26 April 2019 (“Initial Announcement”), 6 August 2019, 25 October 2019 and 22 January 2020 in relation to the Memorandum of Understanding between the Company and SenseTime Group Ltd and China Harbour Engineering Company Ltd.



Unless otherwise stated, the definitions used throughout this announcement shall have the same meaning as defined in the Initial Announcement.



The Board of Directors of the Company wishes to announce that there is no material development on the status of the MOU since 22 January 2020.



This announcement is dated 22 April 2020.







Announcement Info
Company Name G3 GLOBAL BERHAD
Stock Name G3
Date Announced 22 Apr 2020
Category General Announcement for PLC
Reference Number GA1-22042020-00018

Smart indeed. >20mil shares +++ bought at 56.5sen and above starting this month over just a few trading days. More to come probably together with his friendly party, etc

Puan knows what will be next, what will happen next to maximize his wealth :)



@BostonMaxwell I f**#king sure got good news or else he won't spent so much money to buy
25/06/2020 6:59 PM

Below 60sen, Lelong price. Bila tencent offers nanti if any, I Rasa jauh lebih tinggi daripada 80sen Yang Kendall dapat Baru baru ini :)

The best option for puan is to sell GP to tencent like selling P1 to TM like last time. Digital bank, cloud computing, dll, copy and paste jika GP adalah subsidiary tencent sebab tencent Dah buat semua ini. Puan boleh tetap jadi CEO Dalam GP macam Dalam P1 selama 2 tahun Yang diwajibkan oleh TM

Harga Lelong kini :)


Date Close
25/06/2020. 0.565
24/06/2020 0.62
23/06/2020 0.675
22/06/2020 0.685
19/06/2020 0.69
18/06/2020 0.695
17/06/2020 0.71
16/06/2020 0.68
15/06/2020 0.66
12/06/2020 0.69
11/06/2020 0.70
10/06/2020 0.71
09/06/2020 0.71
05/06/2020 0.70
04/06/2020 0.71
03/06/2020 0.71
02/06/2020 0.78
01/06/2020 0.85
29/05/2020 0.835
28/05/2020 0.88

Puan Dah Jual semua Warrant nya tahun Lepas. :)


Convert kepala otak Kau :)


@icst1975 " Victor Yong Tak tau, mungkin puan mau sai Lang semua syernya kepada tencent atau tm nanti
Dia Dah Beli 20mil shares++ Bulan ini "

" Tarrance Schu today him average price 0.565
25/06/2020 5:57 PM "

"xuxu Puan is keep accumulating. not rumors hehe
25/06/2020 5:58 PM"

BEWARE! BEWARE!
1. Cyber troopers ( could they be VIP puan puan's troopers ??) are coming again promoting their good rosy stories again.
2. If CEO Puan is sincere in owning more Gp shares , why was he not converting the many tens of millions of free warrants-B to ordinary shares ??
Why were hundred of millions of Gp-WB off loaded to the innocent public investors ??
25/06/2020 6:25 PM

Ramai spekulator buy high dulu, kini Jual Murah balik kepada puan. Cerdik :)

Puan pandai, sekarang baru Beli syer GP banyak banyak :)

Barangkali, GP Sama nasib macam iflix malaysia, dibeli oleh tencent nanti :)

Hopefully, GP will be the next one :)

JAKARTA (June 25): Tencent said today it had purchased Malaysian video streaming platform iflix's "content, technology, and resources" in a bid to grow its presence in Southeast Asia. The Chinese tech giant said in a statement that iflix's catalogue of "international, local and original content" would enable it to expand the reach of its overseas video streaming service, WeTV, which it launched in Thailand in 2019.

A Tencent spokeswoman declined to disclose the size of the deal. US entertainment media outlet Variety, which first published the news yesterday, cited people with knowledge of the agreement as saying the deal was worth "several tens of millions of dollars".

That would make the deal significantly smaller than the US$1 billion (RM4.28 billion) valuation that iflix sought in 2019 when it planned a public listing in Australia.

The Malaysian start-up, which had raised over US$300 million, said it had more than 25 million active users in Southeast Asia. But it was facing significant accumulated losses and financial difficulties, according to two sources familiar with the company.

iflix was not immediately available for comment.

The purchase came as part of Tencent's efforts to capitalise on its fast-growing user base in the region of 650 million, where it operates music streaming service JOOX and popular game PlayerUnknown's Battlegrounds.

Tencent Video, its streaming platform in China, boasted over 110 million paid subscribers at the end of March.

WeTV will face a crowded field in Southeast Asia, which includes US giant Netflix and Chinese rival iQIYI.

Reuters reported earlier this month that Tencent was in early talks to become the biggest shareholder of iQIYI. Both companies had declined to comment.

Tak tau, mungkin puan mau sai Lang semua syernya kepada tencent atau tm nanti :)

Dia Dah Beli 20mil shares++ Bulan ini

Yes, it is true :p. Changes in Sub. S-hldr's Int (Section 138 of CA 2016)
GREEN PACKET BERHAD

Particulars of substantial Securities Holder
Name MR PUAN CHAN CHEONG
Nationality/Country of incorporation Malaysia
Descriptions (Class) ORDINARY SHARES
Details of changes
No Date of change
No of securities
Type of Transaction Nature of Interest
1 25 Jun 2020
14,260,300
Acquired Direct Interest
Name of registered holder KENANGA NOMINEES (TEMPATAN) SDN BHD PLEDGED SECURITIES ACCOUNT FOR PUAN CHAN CHEONG
Address of registered holder LEVEL 15, KENANGA TOWER 237, JALAN TUN RAZAK, 50400 KUALA LUMPUR, WILAYAH PERSEKUTUAN, MALAYSIA
Description of "Others" Type of Transaction

Circumstances by reason of which change has occurred PURCHASE OF ORDINARY SHARES FROM OPEN MARKET
Nature of interest Direct Interest
Direct (units) 121,597,124
Direct (%) 12.14
Indirect/deemed interest (units) 169,200,000
Indirect/deemed interest (%) 16.9
Total no of securities after change 290,797,124
Date of notice 25 Jun 2020
Date notice received by Listed Issuer 25 Jun 2020


Remarks :
The calculation of percentage ratio excludes 7,707,700 treasury shares.

Deemed interested via Green Packet Holdings Ltd pursuant to Section 8 of the Companies Act 2016.

Announcement Info
Company Name GREEN PACKET BERHAD
Stock Name GPACKET
Date Announced 25 Jun 2020
Category Change in the Interest of Substantial Shareholder Pursuant to Section 138 of CA 2016
Reference Number CS2-25062020-00060

tak tau, if kendall memang sold its stake 10%+ to TM or TENCENT, i believe that the share price could rebound above 80sen pretty fast. :)

berita luar biasa, ingat? :)

22 Jun Green Packet shares cross at premium to market
19 Jun 6% stake in Green Packet crossed off market at price higher than today's...
18 Jun [Alex Lu] GPacket: No Hurry to Sell moneyKing
18 Jun Green Packet buying volume expanded, says AllianceDBS
18 Jun HCTM UKM ties up with Green Packet on AI scanner
17 Jun Green Packet deploys KipleLive thermal scanners at UKM hospital
17 Jun Green Packet acquisition of e-KYC firm drives investor frenzy
17 Jun Quick take: GPacket shares up 6% on acquisition of e-KYC firm
17 Jun Trading ideas: Hengyuan, Magnum, BToto, YTL Corp, XOX, GPacket, BHIC
17 Jun Green Packet buying e-KYC specialist firm
17 Jun Green Packet, BHIC, Allianz, KNM, Vsolar, OpenSys, Magnum, BToto, Hengyuan, YTL...
16 Jun Green Packet buys e-KYC firm in bid to be full-fledged digital bank
16 Jun Green Packet acquires e-KYC specialist firm

trust puan could find buyer to acquire GP, still remember P1 sold to TM for few hundred million ringgits. puan started buying this month, 10mil shares +++ acquired this month

Shareholding Changes
Date of change Shares Director/
Substantial Shareholder
23 Jun 2020 Acquired
5,000,000 MR PUAN CHAN CHEONG
23 Jun 2020 Acquired
5,000,000 MR PUAN CHAN CHEONG
19 Jun 2020 Disposed
100,000,000 SUMMIT SYNERGY LIMITED
19 Jun 2020 Disposed
100,000,000 KENDALL COURT MADAM LIMITED
12 Jun 2020 Acquired
3,851,900 MR PUAN CHAN CHEONG
12 Jun 2020 Acquired
3,851,900 MR PUAN CHAN CHEONG
12 Jun 2020 Acquired
5,000 MR BOEY TAK KONG
11 Jun 2020 Acquired
2,500,000 MR PUAN CHAN CHEONG
11 Jun 2020 Acquired
2,500,000 MR PUAN CHAN CHEONG

sindiket atau geng jahat yang dahsyat :p

i think ada geng mau menekan harga syer ibu. warrant pada 23.5sen, ya @Good123, mesti 64sen untuk warrant in the money jika convert.

direct biz transactions in May 2020 lagi menarik :)

22/05/2020 00:00:00 1.1400 0.1700 1.635m 5.904m 1.864m 6.730m 1.1400 0.1747 -
22/05/2020 00:00:00 1.1400 0.1700 4.269m 5.904m 4.867m 6.730m 1.1400 0.4561 -
21/05/2020 00:00:00 1.1000 0.0900 1.000m 2.600m 1.100m 2.860m 1.1000 0.1068 -
21/05/2020 00:00:00 1.1000 0.0900 1.600m 2.600m 1.760m 2.860m 1.1000 0.1709 -
19/05/2020 00:00:00 1.3000 -0.1400 1.069m 1.069m 1.390m 1.390m 1.3000 0.1142 -
18/05/2020 00:00:00 1.0000 -0.2100 1.718m 1.718m 1.718m 1.718m 1.0000 0.1836 -

A lot of direct biz transactions in June 2020 :)


History
Date Price Change Dir-Volume Day Volume Dir-Value Day Value Avg Price % of Total Share Remarks
24/06/2020 00:00:00 0.6700 -0.0050 868,000 868,000 581,560 581,560 0.6700 0.0860 -
22/06/2020 00:00:00 0.6700 -0.0200 13.000m 13.000m 8.710m 8.710m 0.6700 1.2888 -
19/06/2020 00:00:00 0.8000 0.1050 20.000m 60.000m 16.000m 48.000m 0.8000 1.9827 -
19/06/2020 00:00:00 0.8000 0.1050 20.000m 60.000m 16.000m 48.000m 0.8000 1.9827 -
19/06/2020 00:00:00 0.8000 0.1050 20.000m 60.000m 16.000m 48.000m 0.8000 1.9827 -
18/06/2020 00:00:00 0.8000 0.0900 20.000m 40.000m 16.000m 32.000m 0.8000 1.9833 -
18/06/2020 00:00:00 0.8000 0.0900 10.000m 40.000m 8.000m 32.000m 0.8000 0.9916 -
18/06/2020 00:00:00 0.8000 0.0900 3.000m 40.000m 2.400m 32.000m 0.8000 0.2975 -
18/06/2020 00:00:00 0.8000 0.0900 3.000m 40.000m 2.400m 32.000m 0.8000 0.2975 -
18/06/2020 00:00:00 0.8000 0.0900 2.000m 40.000m 1.600m 32.000m 0.8000 0.1983 -
18/06/2020 00:00:00 0.8000 0.0900 1.000m 40.000m 800,000 32.000m 0.8000 0.0992 -
18/06/2020 00:00:00 0.8000 0.0900 1.000m 40.000m 800,000 32.000m 0.8000 0.0992 -
17/06/2020 00:00:00 0.8000 0.1200 5.000m 10.000m 4.000m 8.000m 0.8000 0.4967 -
17/06/2020 00:00:00 0.8000 0.1200 5.000m 10.000m 4.000m 8.000m 0.8000 0.4967 -
16/06/2020 00:00:00 0.7000 0.0400 3.245m 3.445m 2.271m 2.412m 0.7003 0.3231 -
16/06/2020 00:00:00 0.7050 0.0450 200,000 3.445m 141,000 2.412m 0.7003 0.0199 -
05/06/2020 00:00:00 0.7100 - 1.690m 3.866m 1.200m 2.745m 0.7100 0.1769 -
05/06/2020 00:00:00 0.7100 - 854,700 3.866m 606,837 2.745m 0.7100 0.0895 -
05/06/2020 00:00:00 0.7100 - 1.321m 3.866m 938,052 2.745m 0.7100 0.1383 -
02/06/2020 00:00:00 0.7700 -0.0800 2.214m 4.014m 1.704m 3.090m 0.7700 0.2362 -
02/06/2020 00:00:00 0.7700 -0.0800 1.800m 4.014m 1.386m 3.090m 0.7700 0.1920 -
01/06/2020 00:00:00 0.9300 0.0950 500,000 500,000 465,000 465,000 0.9300 0.0533 -

Warrantholders lagi bahaya :) for short term trader

Risk is getting lower day by day. Lowest prices cecthis year was 45.5sen in march 2020. With all the the Hu ha, I think 50+ or 60+ should be the bottom. So, now, cut loss is meaningless, almost there already :)


Date Close Volume
24/06/2020. 0.62. 83,504,200
23/06/2020 0.675 73,776,400
22/06/2020 0.685 104,867,500
19/06/2020 0.69 49,813,800
18/06/2020 0.695 56,979,600
17/06/2020 0.71 177,428,900
16/06/2020 0.68 38,476,300
15/06/2020 0.66 84,534,200
12/06/2020 0.69 55,000,900
11/06/2020 0.70 44,723,200
10/06/2020 0.71 46,235,900
09/06/2020 0.71 88,030,400
05/06/2020 0.70 46,327,700
04/06/2020 0.71 40,528,900
03/06/2020 0.71 76,750,300
02/06/2020 0.78 86,001,300
01/06/2020 0.85 102,624,300
29/05/2020 0.835 27,481,600
28/05/2020 0.88 48,821,400
27/05/2020 0.935 60,599,200

prg will report an improved Q1, 2020 probably. Furniweb HK, a subsidiary of prg reported a profitable Q1, 2020 :)

Q1,2020 of Furniweb HK a subsi of PRG reported profit. PRG should improve in its share price.



Unaudited Condensed Consolidated Statement of Profit or Loss and
Other Comprehensive Income
FOR THE THREE MONTHS ENDED 31 MARCH 2020
Three months ended
31 March
2020 2019
(Unaudited) (Unaudited)
Notes RM’000 RM’000
Revenue 4 25,464 23,627
Cost of sales (17,739) (18,671)
Gross profit 7,725 4,956
Other income/(expenses), net 5 3,594 (153)
Selling and distribution costs (2,371) (594)
Administrative expenses (5,188) (4,828)
Interest income 56 114
Finance costs 6 (523) (247)
Share of profit of a joint venture, net of tax 67 38
Share of loss of associates, net of tax (296) (196)
Profit/(Loss) before income tax expense 7 3,064 (910)
Income tax expense 8 (371) (330)
Profit/(Loss) for the period 2,693 (1,240)

Yesterday, sudden surge in volume & price, continue today? :)

After disposing Picasso with a net profit of RM7mil+ plus selling Vietnam company with low margin products, some cash inflows + reduced gearing for prg. Hope to see buyer found for teak woods :)

This cash rich shareholder acquired more prg shares in March 2020 when others were fearful :)

[PRG] Change In Substantial Shareholder's Shareholding - MR NG YAN CHENG on 23-Mar-2020
Stock [PRG]: PRG HOLDINGS BHD
Announcement Date 23-Mar-2020
Substantial Shareholder's Particular:
Name MR NG YAN CHENG
Details of Changes:
Currency -
Date of Change Type Number of Shares
23-Mar-2020 Acquired 28,987,000
Registered Name N YAN CHENG
Nature of Interest Direct Interest
Nature of Interest Direct Interest
Shares Ordinary Shares
Reason Acquisition of 28,987,000 shares (%: 6.99) in open market
Total no of securities after change
Direct (units) 0
Direct (%) 0.00
Indirect (units) 0
Indirect (%) 0.00
Total (units) 58,753,200
Total (%) 0.00
Date of Notice 23-Mar-2020