0026 NOVAMSC, NOVA MSC BHD - + Additional Listing Announcement /Subdivision of Shares 5 Jul 2024, 12:43 Additional Listing Announcement /Subdivision of Shares 1. Details of corporate proposal Whether the corporate proposal involves the issuance of new type and new class of securities? N Types of corporate proposal : Conversion of Preference Shares Details of corporate proposal : Conversion of Irredeemable Convertible Preference Shares No. of shares issued under this corporate proposal : 4,730,000 Issue price per share ($$) : 0.0400 Par Value ($$) (if applicable) : 0.000 Latest issued share capital after the above corporate proposal In the following Units : 1,301,426,583 Issued Share Capital ($$) : Malaysian Ringgit (MYR) 119,216,446.320 Listing Date : 09/07/2024 Remarks: You are advised to read the entire contents of the announcement or attachment. To read the entire contents of the announcement or attachment, please access the Bursa website at http://www.bursamalaysia.com
KUALA LUMPUR: Nova MSC Bhd wholly-owned Singapore-based subsidiary novaHEALTH Pte Ltd has signed a memorandum of understanding (MoU) with Optometrist Warehouse to collaborate on a study focused on the effectiveness of artificial intelligence (AI) in screening diabetic retinopathy.
The MoU was inked by novaHEALTH's 42 per cent-owned subsidiary EyRis Pte Ltd while Optometrist Warehouse is part of the Chemist Warehouse Group, Australia's largest pharmacy retailer.
According to EyRIS, the study will leverage EyRIS's advanced AI algorithms and Optometrist Warehouse expertise with links to the extensive network of pharmacies across Australia Chemist Warehouse to evaluate the effectiveness of AI-driven screening for diabetic retinopathy. bla bla bla...
test program will be in Aus, singapore and brunei.. for now and expending to other country for data centre programe. from what i heard..its a very positive result..
Wow.. what I predict yesterday really come true. Today is breaking 25-26sen.
I am so glad that I made a wise decision to bought back Novamsc at 0.16-0.165. It is really not an easy decision to bought back a counter at higher price after you have sold it on a day before at RM0.145.
Volume leader today. Both daily and weekly chart bullish. Watch next week's performance. If volume 150 mil above or 20% price rise, will take some profit. Good luck!!!
SNS is just a distributor, it is trading of other company's product. Distributor can only earn a standard margin on top of products.
Novamsc is inventor, it has invented its own software, its own system, and even Singapore governments is using its software or services. During the process, it may spend a lot of money of R&D, but once the products commercialized, there costing will be reduce substantially, and the revenue will be come in continuously.
“Albukhary > This company better than SNS…” “ChloeTai SNS will be supplying Super Servers to Data Centres.”
Haha, just like body parts talking to each other, the Heart says to the Brain, without me pumping blood to you, you cannot think. The Brain retorts back, without my instruction, you won't pump.. Similarly, Hardware needs Software to Operate. SNS not just supplied, needs a long term maintenance contract. NovaMSC also can provide Training and Support long term contracts for DC to operate. Who is paying? Answer: The trend (according to my IT friend, he has been supporting this in the US for years) is having servers in DC and no more in their own premises. It is more secure, cost effective and not carrying obsolete hardware/software..Happy Trading and TradeAtYourOwnRisk
i dont know if anything to do with DC sns.. from what i know, this come from good news from singapore and brunei, and from projection of its latest Q. test programs in australia still on going with good prospect result.
"necessity > i dont know if anything to do with DC sns.."
All the big Hardware/Software companies invest in DC because internet latency/speed is not a problem with growing 5G capability. Imagine your Big Server (DC) can replace ALL the servers in thousands of premises all over the World using your Hardware/Software? As reported in News, one of these Big Servers is using 'SNS Super Servers'?? It is All boils down to 'Solution'; meeting clients' requirements. No one 'Solution' solves All; therefore everybody will have a piece of this 'Big Cake' eventually..not my opinion, after getting info from my IT friend (already back in US after his holiday here).
Uptrend momentum for 4 weeks in a row!!! Big boyz picking up? Retailers still waiting for price to retreat to reenter? See how it goes for this week. Good luck!!!
KUALA LUMPUR (July 9): Theta Edge Bhd (KL:THETA) has secured a RM673.8 million contract from the Ampang Jaya Municipal Council for the development, provision and maintenance of Internet of Things (loT) for its smart business initiative in Ampang Jaya.
Will this project benefit Digital EG Sdn Bhd (JV co between THETA and NOVAMSC) ?
Novamsc 25.5 From got over 260 followers.duh,is bilis collecting,big boys setting trap here and there(once reach the number will dump big) 11/7/24 11.44am
@Michael Kwok 'Novamsc 25.5 From got over 260 followers.duh,is bilis collecting,big boys setting trap here and there(once reach the number will dump big)'
it 50-50. but i strongly believed they come for long entry. know things bilis dont know.. remind me early stage SNS and JCY prior DC announcement.
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....
Albukhary
3,039 posts
Posted by Albukhary > 2024-07-03 23:29 | Report Abuse
Hopefully tomorrow will break 25-26sen