old Name--> new name KSTAR--> Sinaran Dynaciate Grp--> Ingens--> MMAG (classified as GN3 company ***) MINETEC --> AIZO (latest****) AT system-> Erdasan Group bhd (latest****) FOCUS dynamic --> change fin yr from Sep to Mar (latest***) FASTRAK -> VSOLAR LITESPD -> EDUSPEC HUAAN -> TECHNAX MEDAINC -> MERIDIAN PSIPTEK - > AGES (pn17) IDMENSN -> EVD NEXTNAT -> NEXGRAM BIOOSMO -> IMPIANA-> MAGMA (latest) TECFAST-> FAST PORTRAD -> OMEDIA -> ACCSOFT -> LAMBO (SC to delist by Oct 4th,2024) TMS -> SKH -> (Vortex Consolidate) -> HM(Harvest Miracle) ETITECH -> TRIVE POWER-> INSTACO -> VIVOCOM -> VINVEST GLOSOFT -> AGLOBAL -> NETX M3TECH --> XOXTECH MACPIE --> XOXNET ASTRAL Supreme--> VIZIONE (5 merge into 1 shares, price adjust from 5c to 25c, dropping again)
Is it costly to keep changing company names? YES. 1 Government filing fees 2. Legal cost, need lawyer to prepare documents 3. Updating logo,marketing material,signboard,letterhead can be expensive 4. Domain name,website,register new trademark 5. Time,administrative,updating account, marketing material ,customer and vend or notifications 6. Resources, internal team,staff,,contractors wasting lots of time 7. IT team need to waste time updating digital asset In conclusion, companies that change name often are not productive. One can study its quarterly financial report and notice revenue as good as non-existent and loses increasing. Do you see good solid company like Public Bank change name before? The day it happen, run for your life. When you see Conmen Sdn Bhd change to Conmen-new Sdb Bhd, the SOP is to RUSH OUT not RUSH IN
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....
JJPTR
205 posts
Posted by JJPTR > 1 month ago | Report Abuse
@ whistlebower99
old Name--> new name
KSTAR--> Sinaran
Dynaciate Grp--> Ingens--> MMAG (classified as GN3 company ***)
MINETEC --> AIZO (latest****)
AT system-> Erdasan Group bhd (latest****)
FOCUS dynamic --> change fin yr from Sep to Mar (latest***)
FASTRAK -> VSOLAR
LITESPD -> EDUSPEC
HUAAN -> TECHNAX
MEDAINC -> MERIDIAN
PSIPTEK - > AGES (pn17)
IDMENSN -> EVD
NEXTNAT -> NEXGRAM
BIOOSMO -> IMPIANA-> MAGMA (latest)
TECFAST-> FAST
PORTRAD -> OMEDIA -> ACCSOFT -> LAMBO (SC to delist by Oct 4th,2024)
TMS -> SKH -> (Vortex Consolidate) -> HM(Harvest Miracle)
ETITECH -> TRIVE
POWER-> INSTACO -> VIVOCOM -> VINVEST
GLOSOFT -> AGLOBAL -> NETX
M3TECH --> XOXTECH
MACPIE --> XOXNET
ASTRAL Supreme--> VIZIONE (5 merge into 1 shares, price adjust from 5c to 25c, dropping again)
Is it costly to keep changing company names?
YES.
1 Government filing fees
2. Legal cost, need lawyer to prepare documents
3. Updating logo,marketing material,signboard,letterhead can be expensive
4. Domain name,website,register new trademark
5. Time,administrative,updating account, marketing material ,customer and vend
or notifications
6. Resources, internal team,staff,,contractors wasting lots of time
7. IT team need to waste time updating digital asset
In conclusion, companies that change name often are not productive. One can study its quarterly financial report and notice revenue as good as non-existent and loses increasing.
Do you see good solid company like Public Bank change name before? The day it happen, run for your life. When you see Conmen Sdn Bhd change to Conmen-new Sdb Bhd, the SOP is to RUSH OUT not RUSH IN