Haha GP is no direction, can't even focus what they want to do. They involve in everything but so far no single one success. But tol system maybe can help them to succeed.
RFID toll system roll out in 2018 by Plus highway. After 3 years still lukewarm and no wide applications or acceptance. Habits hard to change for motorist .90 % still using Touch & go and Smart tag. RFID , E wallet payments, now another so called new application s. Would you change?
@jonathan keung - tis is gpacket - a place where stories are abundance :p nothing to do with change. ini x bole, np. lain cita mai, janji continue cita.
Malaysia-based AEI CapForce II Investment Corp, a blank check company targeting opportunities in Greater China or Southeast Asia, has filed with the US Securities and Exchange Commission (SEC) on Tuesday to raise up to $100 million.
The company plans to raise $100 million by offering 10 million units at $10 on the Nasdaq Stock Market. Each unit consists of one share of common stock and one-half of a warrant, exercisable at $11.50, its preliminary prospectus showed.
At the proposed deal size, AEI CapForce II Investment would command a market value of $129 million, according to IPO investment advisor Renaissance Capital.
The blank-check company’s filing also came after Kairous Acquisition Corp Ltd’s SEC filing to raise up to $50 million in an initial public offering (IPO) last month. Kairous Acquisition is led by the founder of Malaysia-based Kairous Capital.
AEI CapForce II Investment is led by its Chairman and Chief Executive Officer John Tan. Since January 2015, Tan has served as Chairman and CEO of Asia-Pacific-focused private equity investment group AEI Capital Group located in Hong Kong, Kuala Lumpur, and Shenzhen, with assets under management exceeding $500 million.
According to the filing, members of its strategic advisory board include Genesis Unicorn Acquisition Corp CEO Juan Fernandez, CAG International Group owner Eva Law, Momentum Commerce Chief Executive Officer Hans-Peter Ressel, who is a Co-Founder of e-commerce firm Lazada, Malaysia-based Vynn Capital Managing Partner and Founder Victor Chua, Malaysia-listed tech firm Green Packet Bhd Group Managing Director and CEO CC Puan, among others.
“While we may acquire a business in any industry, we intend to focus on mid-market companies considered disruptors and innovators within the greater technology and consumer sectors in Southeast Asia and China,” the company said in the filing.
The company also said it intends to source and evaluate attractive, high growth private companies “in the financial technology, financial services, and technology industries that offer a differentiated technology platform or product for interfacing with the financial services sector,” as it believes the growth-oriented subsectors of the FinTech industry present particularly attractive investment opportunities.
Founded in 2021, AEI CapForce II Investment plans to list on the NASDAQ under the symbol “AEIBU”. EF Hutton, division of Benchmark Investments, LLC is acting as the sole book-running manager of the deal.
AEI CapForce II Investment’s development was first reported by Renaissance Capital, an IPO investment advisor in providing pre-IPO institutional research and management of IPO-focused investment products.
Another round of disposal by perempuan.....He got 9% plus more share to dispose...Once less than 5%,he will be minority shareholder alrdy,haha.....Maybe ikan bilis here can remove him in egm n becomes ceo
According to annual report 2019,perempuan had got 28.5% of gpacket directly n indirectly....Today announcement reveals that he has less than 10% of gpacket.....he seems like adjusting his investment portfolio by runaway from gpacket....
now his shareholding is less than 10%, probably he wants to be a minority shareholder....or he wants to be professional, just be a ceo that manages the company and not holding any share of the company, hahahahaha
when the share price reach 10 cents, there is will be consolidation 10 to 1....the share price will be rm1....number of ticket reduces, easier to goreng, then right issue, increase back the ticket for himself and sell to ikan bilis again.....one round like this every few yrs...probably 100 miliion per cycle, is much better for him to grow the co n make money.....
China is clamping down on big tech companies. Tencent already has regional presence in Singapore, Vietnam and Thailand { bypassing Malaysia } similar to the Asian Rim cable installation initiated by Facebook and Google. Stretching from Guam, Philippines, Taiwan, Japan, Thailand, Singapore , Indonesia.Malaysia was bypassed
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....
maximus .
402 posts
Posted by maximus . > 2021-09-07 23:34 | Report Abuse
https://www.m24tawreeq.com/?fbclid=IwAR2P5s0C1jineJ0EqCDJ-LtHnxz2UxJL9QiQ2kerJWj4TkBzXY1nE228Ztg
seem like they will get the license edy....check their fb...look like some hints aleady...