On appointed PM data, Tun said malaysian need to boost up software knowledge in order to get malaysia back into competition. would this add benefit to PUC?
US commerce secretary Wilbur Ross has confirmed that it will impose steel and aluminium tariffs on the EU, Canada and Mexico from midnight tonight.
The tariffs will be 25% for steel and 10% for aluminium. Amid fears of a trade war, Ross said if any party retaliated that did not rule out further negotiations.
He said talks with the EU had made progress, but not enough to continue an exemption from tariffs, which was due to expire tomorrow.
Overall market today made a turnaround. With positive QR announced just over a few days ago, this counter seems to have the potential to move up, follow through from yesterday close. If I have the fund I would have bought in before it closed yesterday. 0:( O:(
No, issuance of new shares at 32.2 cents for acquiring pictureworks at RM 58 million. The rest of it approximately RM 30 mi will be paid by cash from the proceeds of the earlier issuance which was supposed to be utilised for solar power plant development.
Details of corporate proposal Proposed acquisition by PUC of 6,076,081 ordinary shares in Pictureworks Holdings Sdn. Bhd. ("PWHSB"), representing 33% equity interest in PWHSB for a total purchase consideration of RM52.80 million to be satisfied by a combination of new ordinary shares in PUC and cash No. of shares issued under this corporate proposal 64,596,273 Issue price per share ($$) Malaysian Ringgit (MYR) 0.3220
Logically, the party who subscribed to the offer at 0.322 should buy at present price, 0.215 to average the price of their holding/investment. But present market condition, with another scandal been exposed, prevent traders to join in the rush but to be defensive and cautious.
KUALA LUMPUR: ACE-listed PUC Bhd has inked a Memorandum of Understanding (MoU) with APAC Venture Sdn Bhd, the listed WeChat Preferred Partner on WeChat.com and Tencent’s marketing partner.
In a statement, PUC said it will appoint APAC Venture as the marketing partner to expedite the presence of Presto App amongst its access to merchants.
Both parties will work together to promote PUC’s Presto App via APAC Venture’s WeChat official accounts and thus extend the products and services to a wider business and consumer community.
Amongst others, the collaboration targets to enable the e-shopping cart in PUC or its nominated subsidiary’s WeChat Official Accounts, website, mobile app and other channels.
In addition, it aims to enable the e-shopping option in PUC or its nominated subsidiary’s merchant’s WeChat Official Accounts, website, mobile app and other channels and advertise and resell WeChat Moment Ads and JOOX advertisements to PUC or its nominated subsidiary’s merchants, partners and agencies.
“APAC Venture is one of the pioneers in expanding user reach via digital and mobile platforms and has maintained a good track record throughout the years,” PUC managing director and chief executive officer Cheong Chia Chou said in a statement.
“There is a whole host of potential within this partnership, and with Presto’s practical and innovative features and services and APAC Venture’s forte in marketing services segment, we believe this partnership will help both parties to improve businesses and experiences of consumers.
“The development of in-app solutions will also benefit Presto’s merchants because of the inclusion of the e-shopping option and gamification features, which will further elevate the consumers’ experience with Presto,” he added.
The MoU will be effective today for 12 months or until the execution of the definitive agreements, whichever comes first.
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....
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Posted by DoctorKnow > 2018-05-25 13:20 | Report Abuse
On appointed PM data, Tun said malaysian need to boost up software knowledge in order to get malaysia back into competition. would this add benefit to PUC?