https://klse.i3investor.com/web/blog/detail/Fact/2024-07-01-story-h-157946546-THE_RACE_FOR_NIISE_WHO_GETS_THE_CAKE

Theta Edge Bhd, bolstering cybersecurity and digital transformation in Malaysia

Malaysia is second in Asean and 23rd in the world in term of artificial intelligence readiness. We have an attractive landscape for multinational companies to relocate high- tech manufacturing here and considering this Malaysia has attracted investments such as Google, Amazon Web Services (AWS), Microsoft and Nvdia.
The aggressive adoption of new technologies such as AI and cloud computing however could expand potential prime targets for cyber threats such as; data leak, data breach and ransomware attacks. To date, the top five industries affected by cyberattacks are manufacturing, technology, media and telco, professional services, and retails. Organisations need to be aware that cyber criminals use a variety of sophisticated methods to hack into systems with newer methods being created all the time. These evolving cyber threats underscore the need for Malaysian corporations and government agencies to strengthen their cyber defends.

How Theta Edge could assist from here.

Lembaga Tabung Haji is its largest shareholder with a 27.28% stake, followed by Threadstone Capital Sdn Bhd with 13.56%. Theta has a comprehensive cybersecurity system that could reinforce digital fortress. With expertise they have, Theta understands local market dynamic and poise to drive a paradigm shift in Malaysia’s digital landscape.
Theta has deployed their system with few organisations intended for digital identity products, private enhancement, and interoperability. Collectively Theta has appointed Wepay System Sdn Bhd as the exclusive technology partner to develop a fully integrated and multi-functional digital platform for Malaysia.

In concurrence to digital transformation and strengthening cyber defends, Theta has entered an MOU with Cybernetica to develop digital identity solution and cybersecurity. This alliance signifies its relentless pursuit of bringing technology and solutions to Malaysia and the broader ASEAN region.
Theta has entered an MOU with Novamsc Sdn Bhd an E-Solutions provider to join forces on healthcare, public sector and applied Artificial Intelligence (A.I). this strategic partnering will benefit e-government solution and ready to deploy software.

Moreover, Theta has been shortlisted to get the cake for National Integrated Immigration System (NIIse). This new system is equipped with the latest technologies such as AI, Internet of Things (IoT) and Big Data Analytics (BDA), and multifactor authentication. An important phase to ensure country is protected from increasingly challenging security threat. This most anticipating news will be released soon.

Moving forward, many more exciting news in the pipeline to be announced as Theta in the midst exploring new growth with global players for installation of solutions and project management works and building infrastructure, and securing government contracts. This monetisation of core products will drive Theta’s journey towards a market capitalisation of RM2 billion.

Regards,
Lily of the valley

NOVAMSC

What’s brewing, time to wake up

Novamsc has been in collection for so long and has embarked first journey since 12.5c. a wavering movement signify that collection has been made at few prices for next journey. A little bit on Nova. The company engaged in software research and development and provision of e-solutions through application software and customization.

with the AI and Datacentre mania, it is imminent Novamsc is ready to begin what they have prepared for. To recap, in January 2023 Novamsc has termed an MOU with Theta Edge Berhad to collaborate on Healthcare and public sector and applied Artificial Intelligence (A.I). This collaboration had materialised a join venture later in September 2023 with term of equity holding Theta 60% and NOVA 40%. This strategic partnering will benefit both parties in term of:
1. Providing e-government solution
2. IT solutions
3. Ready to deploy software
Aims to address key challenges faced by government agencies and businesses alike, paving the way for a seamless transition to a modern and technologically advanced ecosystem. The primary focus will be on providing Al based services such as "Building Information Modeling" which automate the building plan and design validation which is used by local councils to validate building plans submitted to these councils.
On August 2018, Novamsc completed acquisition of 42% equity interest in Eyris Pte Ltd which principally involved in managing research and experimental development on medical technologies. This in line with Nova’s strategy to introduce AI in industry.
On May 2020, the group incorporated a new company called DEX- Lab Pte Ltd (DEX-LAB) in Singapore to focus on development and marketing of AI product and services.

Major shareholder is non other than semiconductor tycoon, Mr Ooi Keng Thye (Frontkn Chairman) which hold 16.14% stake. Among others prominent Raden Corporation Sdn Bhd a member of the Negeri Sembilan royal family. Recent acquisition seen is Societe General Paris, the third largest bank of Paris.

Prospect of Novamsc group

NovaMSC has embraced a transformative growth strategy, focusing on four key pillars:
Healthcare, E-Government, Artificial Intelligence, and Robotics.
NovaMSC's software products:
1. Pavo, an e-Government software designed to streamline the online submission of application documents.
2. Fornax, a software system dedicated to electronic plan check procedures, automating the verification and approval processes for building plans.
3. Avicenna, a fully integrated cloud-based system that comprehensively addresses administrative requirements.
4. Vesalius, a web-based platform that supports the administrative and clinical function within a hospital
5. Dex-lab Pte Ltd, has achieved a significant milestone by creating DEXIE a highly advanced human-looking social robot tailored for the eldercare sector in Singapore.
6. EyScan, an intelligent deep learning system that performs automated retinal photo analysis, which was developed under EyRIS Pte Ltd ("EyRIS") has made remarkable progress with its Al-driven SELENA+ system, designed for the early detection of eye diseases such as diabetic retinopathy, glaucoma, and age-related macular degeneration
EyRIS is set to embark on a groundbreaking study in collaboration with Optometrist Warehouse a division of the Chemist Warehouse Group in Australia. This study will focus on evaluating the effectiveness of Artificial Intelligence ("Al") in screening diabetic retinopathy in the Australian context. As EyRIS continues to make strides in leveraging Al for healthcare, this partnership signifies a significant step forward in addressing critical eye health concerns through cutting-edge technology.
Through the above-mentioned activities, the Group has been intensifying their efforts to drive sales and expand their market presence.

Rumours been going around that another significant figure will emerge as stakeholder. With the emerging shareholder soon many other hundred million value contracts will flow in to Novamsc

Regards,
Lily of the valley

I'm just dropping by here. Seems sunyi

Who said nobody here.. I'm here hehe

We'll see it breaking 40c soon

Tomorrow we will see it break 27🤑

50cents is not a dream

Let's TP 50cen

This one has been sleeping for a very long time, break 73 reversal is on its way

It will move slowly up after passing ipo high price

We will see it to sustain above 40 next week

https://soyacincau.com/2023/07/20/tesla-malaysia-supercharger-pavilion-sunway-gamuda-mrcb-quill-levncapital/

Yes can..still undervalue

Hello i park here today. Lets see where it goes

Highest 62 today!

Letsgo TP RM 2

Something to ponder. TS Wong keep increasing his stake in Cuscapi and disposed some MYEG and Agmo shares. Likely to move soon?

Good stock like this should just hold dearly. Minimum 1.50

There are two prominent figures. One is a shareholder of two govt link related and another is a successful businessman with retail chain all over malaysia

15/18/20

Another tabung in the making? Resemblance of pjbumi last year

Im here! Let's go.

Buy as much as you can. And wait 💰💰💰💰💰💰

Rumors has it YB tiong inside

Something brewing with Wong. Ride before its too late

It won't move that soon. The owner is controlling the stake.