MLABS SYSTEMS BHD

KLSE (MYR): MLAB (0085)

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Last Price

0.095

Today's Change

0.00 (0.00%)

Day's Change

0.095 - 0.095

Trading Volume

200


7 people like this.

13,220 comment(s). Last comment by fl888 2024-08-29 12:37

Posted by SmallFishThinkBig > 2020-12-11 16:37 | Report Abuse

one more round 090 disposal pls pls

pineapple123

2,472 posts

Posted by pineapple123 > 2020-12-11 17:31 | Report Abuse

SAYA SUDAH BATANG, OPS DATANG HAHAHAHA

Victor Yong

8,271 posts

Posted by Victor Yong > 2020-12-11 17:58 | Report Abuse

Probably won’t drop further, at least around current price, if shareholders wanted to dump it, they have more than 125,853,870 shares ++ without the RI shares, but traded volume today was only 57m shares+

Victor Yong

8,271 posts

Posted by Victor Yong > 2020-12-11 17:58 | Report Abuse

Probably 1-2 weeks later, new substantial shareholders announced like netx, share price rebound like netx, also fell to 9sen and now 14.5sen :)

Good123

26,680 posts

Posted by Good123 > 2020-12-11 17:59 | Report Abuse

Ya lah, it is good that all desperate and fearful traders dah lari haha

Huitan

188 posts

Posted by Huitan > 2020-12-11 19:11 | Report Abuse

Good123 and victor yong is hired by mlab and others lienho plaza counter.From i3 to klsescreener.
Whaever they promote, it will become tissue paper.
All the money you subscribe for right issue, will become bosses entertainment expenses.
All the right issue that major share holder subscribe, is still their money
From left pocket to right pocket. So dont be naive to listen that boss will loss money if the price is below that 0.09 sen.

Good123

26,680 posts

Posted by Good123 > 2020-12-11 19:42 | Report Abuse

A lot of potentials , be calm n cool :) let’s the traders yang takut, Cabut terdahulu :)

KUALA LUMPUR (March 27): Mlabs Systems Bhd is going to provide its video-conferencing products to Ipharmacare Malaysia Sdn Bhd to complement the latter's online pharmaceutical platform.

In return, Ipharmacare will support Mlab's efforts to promote these products, which will include but not limited to video confrencing systems, messaging systems and network solutions, to its platform users and/or independent pharmacies.

Mlabs, through its wholly-owned Mlabs Research Sdn Bhd, today inked a collaboration and cooperation agreement with Ipharmacare for the proposed partnership.

Ipharmacare is primarily involved in the business of providing online pharmaceutical products and services to merchants and customers through its platform.

“The agreement is for a period of three years, commencing on and from March 27, unless otherwise mutually extended or terminated.

Good123

26,680 posts

Posted by Good123 > 2020-12-11 19:46 | Report Abuse

MLABS Systems Berhad, an investment holding company, is engaged in the research and development of multimedia video conferencing systems. Its products include MCS ASP Server, a videoconference solution that creates M2M videoconferencing facilities for application service providers and Internet service providers; MCS Enterprise Server, which allows users to carry out M2M videoconferencing within the company or organization on local area network, virtual private network, and the Internet; and Military Multimedia Conferencing System that provides multimedia videoconferencing for military purposes. The company's products also comprise MCS Desktop Client, a software that enables a way to communicate face to face, delivering business quality desktop videoconferencing; MCS Boardroom Client that is suitable for large conference rooms, trainings, and collaboration on projects and designs; and MCS Mini Boardroom Client designed to meet the needs and budget of small boardrooms offices where 6 to 8 participants can conference real time. In addition, it assembles and trades multimedia video conferencing systems and equipment. MLABS Systems distributes its products through various vendors and business associates in Malaysia and internationally. The company is based in Penang, Malaysia.

Sectors: Technology, Electronic, Technology Equipment

Good123

26,680 posts

Posted by Good123 > 2020-12-11 19:48 | Report Abuse

Subsidiary of mlabs :)

https://www.clitehd.com/#whyus

Good123

26,680 posts

Posted by Good123 > 2020-12-11 20:15 | Report Abuse

Good move. Syabas mlabs :)

Why Us?

Easy to use ( User Friendly )

Easy to use ( User Friendly )

Cloud hosted on AWS & Google

Cloud hosted on AWS & Google

One Click HD Video Conferencing

Start Video Conference with just a click.

Secure Conference Room

Secure conference room lock with password.

CliteHD
Low Bandwidth for HD quality

Low Bandwidth for HD quality.

Optimised for chrome & mobile platform

Optimised for chrome & mobile platform

Competitive Pricing

Competitive pricing compared to other products.

Document Sharing - Real Time Editin

Document sharing - Real time editing.

Huitan

188 posts

Posted by Huitan > 2020-12-11 20:26 | Report Abuse

Good123 and victor yong is hired by mlab and others lienho plaza counter.From i3 to klsescreener.
Whaever they promote, it will become tissue paper.
All the money you subscribe for right issue, will become bosses entertainment expenses.
All the right issue that major share holder subscribe, is still their money
From left pocket to right pocket. So dont be naive to listen that boss will loss money if the price is below that 0.09 sen.

JT1969

377 posts

Posted by JT1969 > 2020-12-11 20:52 | Report Abuse

This confirmed that both Good 123 and Victor Yong are part of Mother FXXX Tan Eat Shit and gang.

JT1969

377 posts

Posted by JT1969 > 2020-12-11 20:53 | Report Abuse

You hear them promoting aggressively then when it comes down, they disappear.

JT1969

377 posts

Posted by JT1969 > 2020-12-11 21:00 | Report Abuse

Huitan, those Mother FXXX Tan Eat Shit and gang already made their monies from private placements and ESOS, and sold them when they push it to 8 cents. Then with the proceed, buy the rights and free warrant.

JT1969

377 posts

Posted by JT1969 > 2020-12-11 21:03 | Report Abuse

Ask why the buyers of private placements are not made known to the public?

JT1969

377 posts

Posted by JT1969 > 2020-12-11 21:04 | Report Abuse

Wondering why Bursa allow this to happen?

Posted by maidaihoisai88 > 2020-12-11 22:03 | Report Abuse

What a joke. Drop back to pre consolidation price. Utterly garbage.

Posted by SmallFishThinkBig > 2020-12-11 22:34 | Report Abuse

must be someone making big loss due to insufficient fund to invest further on exercise entitled right issue.. then making noise and sabotage with their keyboard.. -.-"

CityHuntEr

626 posts

Posted by CityHuntEr > 2020-12-12 03:13 | Report Abuse

Dont panic, NASDAQ: MLAB current price 281.86 usd

PrinceofIpoh

1,306 posts

Posted by PrinceofIpoh > 2020-12-12 05:04 | Report Abuse

Mlab (Nasdaq) ED Gary owens is weaker than Mlab (Klse) ED Steve Tan. Our Steve Tan is Genius saham eh. So no need to panic.

Good123

26,680 posts

Posted by Good123 > 2020-12-12 14:21 | Report Abuse

Just wait for the announcement of new substantial shareholders. Semua piahk rugi kini. Hope for the best :)


TOP 10 Investors (As of Latest Filing)
INVESTOR NAME
% O/S
POSITION (M Shares)
POSITION CHG (M)
VALUE(M USD)
FILING DATE
FILING SOURCE
Phang (Yee Hoong)
2.35
2.96
2.26
0.28
23-Sep-2019
Other Substantial/Declarable
First United Technology Ltd.
1.51
13.32
0.00
0.96
29-Sep-2020
Other Substantial/Declarable
Asiabio Capital Sdn. Bhd.
0.85
7.51
0.00
0.54
29-Sep-2020
Other Substantial/Declarable
Ace Solution Investments Limited
0.79
1.00
0.00
0.10
23-Sep-2019
Other Substantial/Declarable
Kuek (Fook Hai)
0.60
0.75
0.13
0.07
23-Sep-2019
Other Substantial/Declarable
Tan (Chee Seng)
0.40
0.50
0.11
0.05
23-Sep-2019
Other Substantial/Declarable
Yeoh (Kian Chin)
0.32
0.41
0.03
0.04
23-Sep-2019
Other Substantial/Declarable
Ong (Chee Choon)
0.32
0.40
0.40
0.04
23-Sep-2019
Other Substantial/Declarable
How (Bee Hua)
0.30
0.38
-0.22
0.04
23-Sep-2019
Other Substantial/Declarable
Toh (Cowan)
0.29
0.36
0.00
0.03
23-Sep-2019
Other Substantial/Declarable

Good123

26,680 posts

Posted by Good123 > 2020-12-12 14:22 | Report Abuse

Mlab - so cool kan kini? kian berkembang, da ofis di Amerika kini :)

Contact Us

62-2, Persiaran Bayan Indah, 11900 Bayan Lepas, Pulau Pinang, Malaysia

+60 4-611 9169
support@clitehd.com


Unit 10.3, 10th Floor, Menara Lien Hoe, No. 8, Persiaran Tropicana, Tropicana Golf & Country Resort, 47410 Petaling Jaya,Selangor Darul Ehsan, Malaysia

+60 3-7887 2896
support@clitehd.com


6999 Galatina place, Rancho Cucamonga, California 91701, USA

support@clitehd.com

Good123

26,680 posts

Posted by Good123 > 2020-12-12 14:24 | Report Abuse

Semoga harga saham mlabs akan dipulihkan dan setanding dengan zoom kelak :)

Why Us?
Easy to use ( User Friendly )
Easy to use ( User Friendly )

Cloud hosted on AWS & Google
Cloud hosted on AWS & Google

One Click HD Video Conferencing
Start Video Conference with just a click.

Secure Conference Room
Secure conference room lock with password.

CliteHD
Low Bandwidth for HD quality
Low Bandwidth for HD quality.

Optimised for chrome & mobile platform
Optimised for chrome & mobile platform

Competitive Pricing
Competitive pricing compared to other products.

Document Sharing - Real Time Editin
Document sharing - Real time editing.

Good123

26,680 posts

Posted by Good123 > 2020-12-12 14:25 | Report Abuse

sungguh canggih, terkacak. Cool!

https://youtu.be/Z8msTSFd3Bk

Good123

26,680 posts

Posted by Good123 > 2020-12-12 14:27 | Report Abuse

CrystalView HD9100

INNOVATIVE RSW CONTROL CRITERIA TECHNOLOGY
The RSW Control Criteria technology enables scalability of users to join a Telepresence session at anytime with lower bandwidth requirements. Our award winning Server-to-Server technology allows multipoint-to-multipoint telepresence session which is currently not available in other conventional video conference solution in the market. Bandwidth is no more a major issue for multipoint conference!



AWARD WINNING NAT & FIREWALL TRAVERSAL SOLUTION
Network Address Translation NAT is always the big stumbling block for running real time multimedia conference. This is due to the connectionless nature of UDP based video and audio stream. Using innovative NAT and Firewall Traversal Solution, Crystalview HD Series could run perfectly behind all kinds of NAT, including Symmetrical NAT. Several features included:

User Password Authentication
Access Control Unit
Multi-point Conferencing Unit
SSL based VPN Server Unit
Multi-Point Data Collaboration Unit
Border Controller/Gateway Unit


POWERFUL DOCUMENTS CONFERENCE WITH REAL TIME EDITING
Crystalview real time Document Conference editing enables user to collaborate online using the Microsoft Word and Excel. Also, user could share a wide range of files such as Flash, Video, Microsoft Power Point, PDF, website etc. With Document Conference, every user will get the actual copy of files.





CliteHD
CLiteHD is a cloud based Software as a Service (SaaS) that provides browser and mobile applications with real time multimedia communication and data collaboration capabilities. CLiteHD has been optimized to work best on Google Chrome browser. Unlike conventional video conferencing and messenger software, CLiteHD does not require additional installations.



The browser-based behavior enables CLiteHD to be launched or accessed via most operating system platforms, with high definition video conferencing & crystal-clear audio sessions, to be done anytime, anywhere! All you need is a PC, a laptop or any mobile phone.



FEATURED HIGHLIGHT of CLIteHD

Full HD capabilities
Optimized for Chrome browser and mobile platform
No installation required
Optimized for low bandwidth environment
Single click conference
Connects up to 12 attendees with HD quality of video and audio
Multipoint instant messaging feature
Secure (i.e. conference room lock with password)
Secured and encrypted conference setup
Private server hosting capability

Good123

26,680 posts

Posted by Good123 > 2020-12-12 14:28 | Report Abuse

At Mlabs, we make sure your video conferencing requirement is well taken care of. We don’t just sell you an equipment and let you figure out the rest alone. Instead, we make sure your requirement is covered from A-to-Z.

Each video conferencing requirement is unique and different. The room design, optimizing various conference solution, may it be a simple teleconference device, to full fledge videoconference solution plus overall conference room makeover and conference room set up, Mlabs has it all covered - including cabling to environmental control.

Just let us know your requirement, sit back and relax. We take every opinion seriously and will customize every order to suit users’ needs.

Mlabs will get your video conferencing solution tailored perfectly for you.

Good123

26,680 posts

Posted by Good123 > 2020-12-12 14:31 | Report Abuse

Usah goyang, tetap percaya, jadi, tak lama lagi :)

01 Sep 2020 Acquired
1,000,000 MR TAN SIK EEK
20 Nov 2019 Acquired
8,000,000 NETX HOLDINGS BERHAD
20 Nov 2019 Acquired
8,000,000 FIRST UNITED TECHNOLOGY LIMITED
19 Nov 2019 Acquired
10,000,000 FIRST UNITED TECHNOLOGY LIMITED
19 Nov 2019 Acquired
10,000,000 NETX HOLDINGS BERHAD
18 Nov 2019 Acquired
26,500,000 FIRST UNITED TECHNOLOGY LIMITED
18 Nov 2019 Acquired
26,500,000 NETX HOLDINGS BERHAD
15 Nov 2019 Acquired
24,600,000 NETX HOLDINGS BERHAD
15 Nov 2019 Acquired
24,600,000 FIRST UNITED TECHNOLOGY LIMITED
27 Jun 2018 Acquired
7,000,000 NETX HOLDINGS BERHAD
27 Jun 2018 Acquired
7,000,000 FIRST UNITED TECHNOLOGY LIMITED
25 Jun 2018 Acquired
6,000,000 FIRST UNITED TECHNOLOGY LIMITED
25 Jun 2018 Acquired
6,000,000 NETX HOLDINGS BERHAD
22 Jun 2018 Acquired
3,000,000 FIRST UNITED TECHNOLOGY LIMITED
22 Jun 2018 Acquired
3,000,000 NETX HOLDINGS BERHAD
15 Sep 2017 Acquired
48,100,000 NETX HOLDINGS BERHAD
15 Sep 2017 Acquired
75,100,000 ASIABIO CAPITAL SDN. BHD.
15 Sep 2017 Acquired
48,100,000 FIRST UNITED TECHNOLOGY LIMITED
15 Sep 2017 Acquired
75,100,000 ASIA BIOENERGY TECHNOLOGIES BERHAD

Good123

26,680 posts

Posted by Good123 > 2020-12-12 14:37 | Report Abuse

Dia akan menyelamatkan anda, percaya? :)

Name : Tan Sik Eek
Age : 44
Nationality : Malaysian
Gender : Male
Position in the Company : Executive Director
Qualification : He holds the following qualifications:-
a) Degree in Economics and Political Science at the University of Sydney, Australia
Working Experience : He was appointed appointed to the Board on 6 April 2018. He has more than a
decade of experience ranging from corporate finance advisory to private equity
investments. He was previously a partner in a private equity firm focused on investing
in companies seeking growth funding and pre-IPO capital. Prior to that, he was
specialising in securing funding from a series of established North America global
opportunity fund, for companies listed on the regional capital markets.
Other Directorship of
Public Companies
: He is a Director of DGB Asia Berhad, Fintec Global Berhad, Netx Holdings Berhad
and XOX Bhd.

Good123

26,680 posts

Posted by Good123 > 2020-12-12 14:38 | Report Abuse

Gearing and Capital Resources
The Group has no borrowings as at 30 June 2020. Our business operations are financed by a combination of internal and
external sources of funds. Internal sources of funds comprise mainly shareholders’ equity and cash generated from our
operations, while external source of funds comprises corporate exercise and credit terms granted by our suppliers. Credit
terms granted to us by our suppliers range from 30 to 90 days.
The management believes that after taking into account our cash and bank balances as well as the funds envisaged to
be generated from our business operations, we will have adequate working capital to meet our present and foreseeable
day-to-day business operation requirements.

Good123

26,680 posts

Posted by Good123 > 2020-12-12 14:40 | Report Abuse

Pencapaian yang luar biasa akan diumumkan kelak, sugguh mengkagumkan :) Kami tetap percaya dan tak pernah gelisah, makin baik hari demi hari, terbaik.

REVIEW OF BUSINESS AND OPERATIONS
The Covid-19 pandemic has had adverse effects mainly on the Group’s overseas’ activities due to the restrictive
movement control order (“MCO”) imposed in these countries which severely curtailed economic activities. Our business
collaboration projects in Thailand and Laos were halted for several months. As a result, the development and rollout of our
on-line e-commerce platform (JJ Shopping) and e-wallet payment application in Laos have been delayed. Inbase Partners
Limited our subsidiary in Taiwan also saw a reduction in revenue due to the curtailment of economic activities during the
active phase of the Covid-19 pandemic in Taiwan.
Management Discussion and Analysis

We had better performance in our domestic market for this financial year. We made headway in our web conferencing
solution despite operating under MCO environment,
(i) During the year, we had a soft launch of our mobile chat application - Let’s talk which is available in Android and
iOS. The application shows promising start and contributed revenue for the Group since its first release. The Group
is still enhancing the application to increase its content and security features with the aim to increase our customer
base to achieve better economic returns.
(ii) We entered into a strategic partnership with Servex (Malaysia) Sdn Bhd, a well-known Information, Communication,
and Technology (“ICT”) distribution company, taking advantage of their vast distribution network of high-end ICT
hardware to complement our web conferencing solution.
(iii) We have a collaboration with Cisco that gives us access to their vast range of collaborative solutions using the
highly secured Webex web conferencing solution and related hardware that are able to convert any space required
into a state-of-the-art virtual web conferencing centre.
There were considerable interests shown in our enhanced web conferencing products during the MCO period as viable
solutions to host virtual meetings and other types of related deployments due to the ongoing social distancing, limited
physical gathering and restrictive travelling to curb the spread of Covid-19 virus. We succeeded in increasing our clientele
base for our enhanced web conferencing products and this interest is expected to lead to strong opportunities for our
web conferencing products in the coming year.
During the year under review, the Group had in August 2020 acquired a 51% equity interest by way of ordinary share
subscription and subscription of Redeemable Convertible Preference Shares up to RM3.0 million in Longhouse Films
Sdn. Bhd., a film production company. The rationale for investing into a film production company is to capitalise on
the availability of government grants to encourage local film production and to leverage on our existing technological
capabilities that can be applied in film production.

Good123

26,680 posts

Posted by Good123 > 2020-12-12 14:42 | Report Abuse

Terindah, kami sokong 101% :)

Share Consolidation and Rights Issue with Warrants
On 20 October 2020, we obtained the shareholders’ approval to embark on a fund-raising corporate exercise for the
purpose of business expansion and working capital for the Group. The corporate exercise entailed a share consolidation
of every 10 existing ordinary shares in Mlabs (“Mlabs shares” or “shares”) into 1 Mlabs share. This was followed by a
Renounceable Rights Issue of up to 755,123,412 new shares (“Rights Shares”) together with up to 440,488,657 free
detachable warrants in Mlabs (“Warrants C”) on the basis of 12 Rights Shares together with 7 free Warrants C for every 2
shares (Proposed Rights Issue with Warrants”).
This corporate exercise aims to raise between RM10.0 million under a minimum scenario and RM67.96 million under a
maximum scenario. The proceeds from the Proposed Rights Issue with Warrants will be utilised for the following:
Proposed Utilisation of Proceeds
Expected timeframe for
utilisation from completion
of the Proposed Rights Issue
with Warrants
Minimum
Scenario
(RM’000)
Minimum
Scenario
(RM’000)
Remote meeting and videotelephony enablers within 36 months 8,000 23,000
Broadcasting and livestreaming centre within 6 months - 7,600
Acquisition and/or investments in complementary
business and/or assets
within 24 months - 25,000
Working Capital within 24 months 1,200 11,561
Estimated expenses for the Proposals immediate 800 800
Total 10,000 67,961
This corporate exercise is expected to be completed by December 2020

Good123

26,680 posts

Posted by Good123 > 2020-12-12 14:43 | Report Abuse

Terbaik, itu yang kami mau dengar :)


The technology industry in which the Group operates in is prone to rapid technological advances. Companies in this
industry are continually investing in research and development to remain competitive and to develop new and innovative
applications to capture new markets. The Covid-19 pandemic has also accelerated the pace of digitalisation globally.
Whilst this trend is beneficial to technology companies, it has also increased the pace of technological advancement
that shortens products’ lifecycle. The Group needs to articulate the right strategies to manage technology risk to remain
relevant to our customers and to retain our competitive edge.

Good123

26,680 posts

Posted by Good123 > 2020-12-12 14:44 | Report Abuse

Kami percaya bahawa pihak pengurusan akan melakukan segalanya dengan terbaik. Syabas!

Since Covid-19 was declared a global pandemic by the World Health Organisation on 11 March 2020, the world has
witnessed large scale of restrictive MCO as Governments, and health services around the world attempted to contain
the virus spread by restricting human interactions through strict social distancing. No one could not have fathomed the
magnitude, duration and severity that the Covid-19 pandemic would inflict on the world. The extensive enforcement of
MCO has curtailed economic activities resulting in businesses including the Group becoming adversely affected. Against
this backdrop of unprecedented world crisis, in the coming year ahead, we would expect to encounter continuing market
uncertainties and volatilities which will continue to affect the Group on multiple fronts. We expect challenges in revenue
generation, financial performance and maintenance of adequate liquidity.
The Covid-19 pandemic has also caused significant changes in business practices globally where businesses and
companies pivot towards increased dependence on and use of technology as a tool to manage business operations. As
a digitalisation solution company, this shift has created market opportunities which the Group intends to focus on. We
see strong potential growth in our web conferencing products that provide solutions for virtual meetings for companies,
business forums, telemedicine and prescriptions, distance learning and numerous types of business solutions that can
benefit from our web conferencing solutions amidst the ongoing social distancing, travel restrictions, and limited physical
gathering still imposed with the resurgence of Covid-19 cases worldwide. We will be building our own broadcasting and
livestreaming centre fitted with the state-of-the-art broadcasting equipment to meet such demand for virtual events,
meetings, social media conventions.
In light of the unprecedented Covid-19 pandemic globally, the Malaysian Government has imposed containment
measures since mid-March 2020 through the implementation of the MCO. While the Malaysian economy is expected to
be significantly affected by the MCO, the Group sees this as an opportunity for it to grow as web conferencing solutions
have emerged as an important means of communication between colleagues, clients, business partners and other
stakeholders during this period, while social distancing is maintained. Furthermore, the deployment of 5G technology is
expected to address one of the major issues in web conferencing, which is the stability and speed of internet. Therefore,
the Group foresees that the widespread usage of 5G technology in the near future will lead to huge potential in the
videoconferencing industry.
We are revamping our Pacifica2U e-commerce platform to increase product offerings and improve customers’ experience.
To complement our existing digitalisation solution products, we will be rolling out an enterprise e-business card mobile
application solution with e-KYC function that could be embedded with other systems (e.g. banking & financial, insurance,
medical and others) to replace conventional business cards and allows for seamless customer information capturing
process to increase contactless solution given the rise of Covid-19 cases. Inbase Partners Limited our subsidiary that
specializes in digital assets advisory and investment whose operations were affected by the Covid-19 pandemic is
expected to gradually improve to normal in the coming year.

Good123

26,680 posts

Posted by Good123 > 2020-12-12 14:47 | Report Abuse

Bagus, semoga credit suisse akan melabur dan menjadi salah satu pemegang saham mlab nanti macam netx. :)

STAKEHOLDERS ENGAGEMENT
Stakeholders’ engagement is an important aspect of our sustainability policy. Our engagement with our stakeholders is
intended to benefit all our stakeholders.
The Table below summarises our ongoing engagement with our key stakeholders groups and their respective areas of
interest as well as the types of engagement by which we engaged them.
Key
Stakeholders
Engagement
Objectives
Stakeholders’
Interest
Engagement Methods
Customers To deliver value added and
quality services and solutions
that meet our clients’
requirements.
Efficient and satisfactory
services and deliveries.
Customer satisfaction surveys.
Strategic alliance and regular
meetings.
Employees To create a safe workplace
with good employee welfare,
open communications
and career advancement
opportunities.
Employee welfare
training and
development.
Active engagement with
employees.
Workshops, seminars and
trainings.
Weekly staff meetings.
Clear procedures to handle staff
grievances.
Performance reviews.
Industry Partners
and Supplies
To drive sustainability across
our supply chain.
Strategic partnerships.
Sustainable practices.
Regular meetings
Supplier’s events and forums.
Government and
Regulatory Bodies
To comply with applicable
laws and regulations across
all our operations and
businesses.
Regulatory compliance.
Annual reporting.
Sustainability Reporting.
Risk management and
internal control.
Active engagement with regulatory
bodies.
Proper management and internal
controls.
Investors To assist shareholders and
investors in making informed
investment decisions
by providing timely and
regular updates on financial
performance, business
transactions and other
issues.
Timely, relevant and
transparent disclosures
and reports
Timely announcement of quarterly
financial results.
Timely announcements on
material transactions involving
company.
Annual General Meetings.
Maintenance of Corporate website
that provides comprehensive
information on Company

Good123

26,680 posts

Posted by Good123 > 2020-12-12 14:48 | Report Abuse

terbaik

30% Private Placement of the total number of Issuance Shares
The Company has on 15 May 2020 announced to undertake a private placement of new ordinary shares up to 30% of
the total number of issued shares of the Company (“30% Private Placement”) and completed the following issuance of
new ordinary shares:-
Tranches Issuance Date No of shares Issuance Price (RM) Total Proceeds (RM)
1st tranche 30 June 2020 100,000,000 RM0.0315 3,150,000
2nd tranche 8 July 2020 110,000,000 RM0.0318 3,498,000
3rd tranche 21 July 2020 57,365,000 RM0.0452 2,592,898
267,365,000 9,240,898
The Company has raised total proceeds of RM9.2 million from the said 30% Private Placement by issuance of 267,365,000
new ordinary shares at an issue price of RM0.0315, RM0.0318 and RM0.0452 per share, respectively.
Status of utilisation of proceeds derived from the 30% Private Placement by the Company as at 30 June 2020 was as
follows:-
Proposed
Utilisation
(RM’000)
Utilisation up
to 30 June 2020
(RM’000)
Balance
(RM’000)
Intended
Timeframe for
Utilisation
Marketing expenses for the Let’s Talk
mobile application
3,000 - 3,000 Within 24 months
Working Capital 5,811 - 5,811 Within 24 months
Expenses in relation to the proposals 430 78 352 Immediate
9,241 78 9,163

Good123

26,680 posts

Posted by Good123 > 2020-12-12 15:04 | Report Abuse

the aggregate number of ESOS offered to that eligible employees and Directors throughout the entire duration of the
ESOS does not exceed the Maximum Allowable Allotment.
Number of options over ordinary shares
Date of offer Exercise price As at As at
1.7.2019 Granted Exercised 30.6.2020

5 February 2020 0.0300 - 100,000,000 (100,000,000) -
30 March 2020 0.0150 - 31,000,000 (31,000,000) -
8 April 2020 0.0200 - 9,475,000 (9,475,000) -
4 May 2020 0.0200 - 26,890,000 (26,890,000) -
15 June 2020 0.0250 - 8,067,000 (8,067,000) -
- 175,432,000 (175,432,000) -
There were no options granted to Directors of the Company and its subsidiaries during the financial year.
Warrants
WARRANT 2010/2020 (“WARRANTS A”)
On 26 April 2010, the Company issued renounceable rights of 51,478,500 new ordinary shares together with 77,217,750
free detachable new Warrants on the basis of two (2) rights shares together with three (3) Warrants for every four (4)
existing shares of the Company.
The Warrants 2010/2020 (“Warrants A”) were constituted under the Deed Poll dated 18 March 2010.
The salient features of the Warrants A are as follows:
(a) The Warrants may be exercised at any time commencing on the date of issue of Warrants on 26 April 2010 but not
later than 27 April 2020. Any Warrants which have not been exercised at date of maturity will lapse and cease to be
valid for any purpose. Exercise price is subject to adjustment in accordance with the basis set out in the deed poll.
(b) The Warrant holders will not have any voting rights in any general meeting of the Company unless the Warrants are
exercised into new ordinary shares and registered prior to the date of the general meeting of the Company.
On 29 November 2019, 80,000 units of Warrant A converted into ordinary shares at an exercise price of RM0.09 per share.
The total number of Warrants A which remained unexercised were 76,249,959 and had expired on 27 April 2020.

Good123

26,680 posts

Posted by Good123 > 2020-12-12 15:06 | Report Abuse

ANALYSIS OF SHAREHOLDINGS
AS AT 29 SEPTEMBER 2020
MLABS SYSTEMS BERHAD I ANNUAL REPORT 2020

THIRTY LARGEST SHAREHOLDERS
(without aggregating securities from different securities accounts belonging to the same registered holder)
Name of Shareholder No. of % of
Shares Shares



1 MAYBANK SECURITIES NOMINEES (ASING) SDN BHD 141,947,000 11.278
EXEMPT AN FOR MAYBANK KIM ENG SECURITIES PTE LTD
2 SOO OON LAM 12,126,000 0.963
3 MALACCA EQUITY NOMINEES (TEMPATAN) SDN BHD 11,800,000 0.937
PLEDGED SECURITIES ACCOUNT FOR QUEK YONG WAH
4 TA NOMINEES (TEMPATAN) SDN BHD 11,680,000 0.928
PLEDGED SECURITIES ACCOUNT FOR ONG JIE SEAK
5 LIAN FONG CHEE 9,000,000 0.715
6 ANG SING FOONG 8,536,200 0.678
7 WOO SHI FANG 8,500,000 0.675
8 CITIGROUP NOMINEES (ASING) SDN BHD 8,130,000 0.645
EXEMPT AN FOR OCBC SECURITIES PRIVATE LIMITED (CLIENT A/C-NR)
9 TA NOMINEES (TEMPATAN) SDN BHD 7,950,000 0.631
PLEDGED SECURITIES ACCOUNT FOR ONG ENG TAIK
10 SARAWAK INFORMATION SYSTEMS SDN BHD 6,750,097 0.536
11 LEE AH YEW 6,699,000 0.532
12 MALACCA EQUITY NOMINEES (TEMPATAN) SDN BHD 6,600,000 0.524
PLEDGED SECURITIES ACCOUNT FOR LAI TZE JIN
13 AMSEC NOMINEES (TEMPATAN) SDN BHD 6,500,000 0.516
PLEDGED SECURITIES ACCOUNT FOR AASIA-EAST CAPITAL SDN BHD
14 KENANGA NOMINEES (TEMPATAN) SDN BHD 6,324,300 0.502
PLEDGED SECURITIES ACCOUNT FOR KHOO POH CHYE
15 BECWELL RESOURCES SDN. BHD. 6,000,000 0.476
16 MOHAMED FAROZ BIN MOHAMED JAKEL 5,500,000 0.437
17 ROOPAK SINGH A/L RAGHBIR SINGH 5,500,000 0.437
18 CHUAH CHUN WAI 5,400,000 0.429
19 UOB KAY HIAN NOMINEES (ASING) SDN BHD 5,100,000 0.405
20 CHEONG YOKE KAI 5,020,700 0.398
21 AMSEC NOMINEES (TEMPATAN) SDN BHD 5,000,000 0.397
PLEDGED SECURITIES ACCOUNT FOR JEGA DEVAN A/L M NADCHATIRAM
22 SJ SEC NOMINEES (TEMPATAN) SDN BHD 4,994,500 0.396
PLEDGED SECURITIES ACCOUNT FOR CHAN SAI KIM
23 LOH ENG SOON 4,888,800 0.388
24 NG HEWI FEAN 4,800,000 0.381
25 PAU YU TIONG 4,700,000 0.373
26 YAP CHEE KONG @ YAP CHEE KEONG 4,500,000 0.357
27 KENANGA NOMINEES (TEMPATAN) SDN BHD 4,400,000 0.349
PLEDGED SECURITIES ACCOUNT FOR FOO CHU PAK
28 FOO CHU JONG 4,143,100 0.329
29 NG CHOON @ NG SENG LYE 4,120,000 0.327
30 CHOONG FOOK HON 4,100,000 0.325

mansaham1972

1,197 posts

Posted by mansaham1972 > 2020-12-12 15:43 | Report Abuse

Kahkahkahkah hahahahaha

sengkee

2,060 posts

Posted by sengkee > 2020-12-12 16:32 | Report Abuse

Next Monday, Warrant will open at 4 cts? Mother 8 sen?

Huitan

188 posts

Posted by Huitan > 2020-12-12 16:37 | Report Abuse

Good123 and victor yong is hired by mlab and others lienho plaza counter.From i3 to klsescreener.
Whaever they promote, it will become tissue paper.
All the money you subscribe for right issue, will become bosses entertainment expenses.
All the right issue that major share holder subscribe, is still their money
From left pocket to right pocket. So dont be naive to listen that boss will loss money if the price is below that 0.09 sen.

Huitan

188 posts

Posted by Huitan > 2020-12-12 16:42 | Report Abuse

Now the lienho plaza counters start to con malay money. Semua terbaik, tapi akhirnya 10 jadi 1. Mampus

CharlesT

14,957 posts

Posted by CharlesT > 2020-12-12 16:46 | Report Abuse

1 Malaysia ah....all kena conned tak kira bangsa dan agama...no kuota i think

Victor Yong

8,271 posts

Posted by Victor Yong > 2020-12-12 18:32 | Report Abuse

THERE are growing expectations that the year ahead will present better prospects compared with 2020.

While this points to a potentially better stock market performance, investors should not get carried away by any significant rise, says Sani Hamid, director of economy and market strategy at Financial Alliance Pte Ltd. He cautions investors to remain cognisant of the fact that there are still plenty of risks that could derail the markets.

“At the forefront of any investment strategy in this current environment is risk management, ” he says.

“Investors may get carried away as the market rises and forget that underneath it all, there remains a multitude of risks that could suddenly trip the market. Thus, investing based on one’s risk profile is prudent advice, ” he adds.

His advice to his clients is to adopt a two-pronged strategy – one focused on the short term, and another on the long term.

Sani recently shared his thoughts with StarBizWeek on his expectations for the year ahead. Below are excerpts of the interview:

What is your outlook for 2021?I see 2021 as a mixed picture. On one hand, the potential distribution of vaccines and the end of the current wave of Covid-19 could raise optimism, but on the other hand, the economic recovery is expected to be slow and uneven.

There could potentially be even more bankruptcies and adjustments in the real economies.

This is because 2021 will be a deleveraging year, which means that households and corporations will likely pay off their debts and liabilities amid the economic uncertainties.

For those who cannot, this will lead to more bankruptcies and a shakeout, especially as these entities face weakening financial positions as financial assistance schemes taper off and they are left to fend for themselves.

The largest risk is that amid this shakeout, there could emerge some form of systemic risk, such as the collapse of a major corporation/entity or even default by a major sovereign. However, the strong liquidity support both from central banks and fiscal spending by governments should help in terms of counter-support.

Combine these factors and what we may end up with is a choppy 2021, that is, the mixed-picture scenario that I had mentioned.

However, further out, 2022 should be a much better year, if we can get over 2021 rather unscathed.

In such an environment, where are the investment opportunities?We have a view that at least into the first quarter of 2021, markets should head higher. This is on the back of the repositioning of institutional funds, which had been cautious before the United States presidential election, and with sentiment buoyed by the timeline for the Covid-19 vaccine.

With these two risks “settled”, there has been, and should continue to be, a move back into areas which have been neglected in the past few months.

These include a shift from growth to value stocks; a shift from stay-at-home to traditional stocks; a shift from the US to the rest of the world; and a shift from larger to smaller-cap stocks.

What sectors are expected to do well?We see an adjustment in equity prices to the upside for sectors such as hospitality that have been beaten down. This is not to say that this is a sign of bullishness. Rather, this is to bring these oversold sectors to a more neutral position, that is, to put them where they were pre-Covid 19, or even just slightly below where they were before the pandemic.

For manufacturers, especially those catering to international markets, we could see a boom as economies gradually reopen (which means rising demand) amid low inventories (which had been drawn down during the lockdown) that will need to be replenished.

A sector that may also benefit from this is the commodity sector.

What is the strategy to grow wealth in the current environment?At the forefront of any investment strategy in this current environment is risk management.

Investors may get carried away as the market rises and forget that underneath it all, there remains a multitude of risks that could suddenly trip the market. Thus, investing based on one’s risk profile is prudent advice.

What we have asked our clients to do is to build two portfolios, one designed to do well over the short run, and another that will outperform over the long-run.

The shorter-term strategy is more tactical in nature, using what is called a “Barbell Approach” to manage downside risk while being able to take advantage of any upside potential.

Our longer-term strategy is based on dollar-cost averaging as we seek to build exposures in countries and sectors that we believe will do well in a post-Covid-19 world.

What are your thoughts on new investment avenues such as cryptocurrency and their viability?I think the appeal is there, and over time, the acceptance level of cryptocurrencies will increase. However, cryptocurrency is still at its infancy stage, where it needs to build more credibility as a safe haven. This cannot be done overnight. It can only be built

Victor Yong

8,271 posts

Posted by Victor Yong > 2020-12-12 18:33 | Report Abuse

Date Close Volume
11/12/2020 0.095 57,538,000
10/12/2020 0.10 32,250,100
09/12/2020 0.12 2,603,100
08/12/2020 0.115 1,196,900
07/12/2020 0.12 6,568,000
04/12/2020 0.115 4,083,300
03/12/2020 0.12 2,260,900
02/12/2020 0.12 6,291,400
01/12/2020 0.13 1,244,300
30/11/2020 0.125 8,514,300
27/11/2020 0.135 9,965,600
26/11/2020 0.135 2,732,600
25/11/2020 0.135 4,340,700
24/11/2020 0.14 12,081,000
23/11/2020 0.145 5,714,500
20/11/2020 0.155 21,941,700
19/11/2020 0.155 10,020,300
18/11/2020 0.15 3,934,900
17/11/2020 0.15 24,650,400
16/11/2020 0.155 12,358,200

Good123

26,680 posts

Posted by Good123 > 2020-12-12 19:44 | Report Abuse

Sabar ya :)

Speaking on Thursday, just before starting a show on Zoom, Chan, who promotes himself as “the billionaires’ magician,” said he was allotted 200 shares. He, too, originally registered for 275 when the price range was $44 to $50.

Chan said he got nervous when the range ticked up and said he was disappointed when it jumped to $68 because he thought it would be much harder to generate gains. He’s surprised how wrong he was.

Now, the question for Chan is how long to hold.

Posted by Roger Lim Tau Kiat > 2020-12-12 20:50 | Report Abuse

Good123 and victor yong is hired by mlab and others lienho plaza counter.From i3 to klsescreener.
Whaever they promote, it will become tissue paper.
All the money you subscribe for right issue, will become bosses entertainment expenses.
All the right issue that major share holder subscribe, is still their money
From left pocket to right pocket. So dont be naive to listen that boss will loss money if the price is below that 0.09 sen.
example netx, boss already dispose when november 18th, one day show.
within 2 years timex, netx will have another round of share consolidate and right issue,
so what you hold now will become toilet paper

Good123

26,680 posts

Posted by Good123 > 2020-12-12 22:33 | Report Abuse

:) recently, credit Suisse became a major shareholder of netx also. Next, it should be mlabs :)


Changes in Sub. S-hldr's Int (Section 138 of CA 2016)
NETX HOLDINGS BERHAD

Particulars of substantial Securities Holder

Name CREDIT SUISSE GROUP AG
Address Paradeplatz 8, Zurich, 8001, Switzerland
Switzerland.
Company No. CH-020.3.906.075-9
Nationality/Country of incorporation Switzerland
Descriptions (Class) Ordinary Shares
Details of changes

No Date of change
No of securities
Type of Transaction Nature of Interest
1 07 Dec 2020
500,000
Acquired Deemed Interest
Name of registered holder HSBC Nominees (Asing) S/B Exempted An For Credit Suisse (Hong Kong) Limited (FIRM)
Address of registered holder No. 2, Leboh Ampang, 50100 Kuala Lumpur
Description of "Others" Type of Transaction

Circumstances by reason of which change has occurred Acquisition of 500,000 shares by Credit Suisse (Hong Kong) Limited on 7 December 2020. Credit Suisse Group AG had deemed interest.
Nature of interest Deemed Interest
Direct (units) 0
Direct (%) 0
Indirect/deemed interest (units) 52,970,000
Indirect/deemed interest (%) 6.34
Total no of securities after change 52,970,000
Date of notice 09 Dec 2020
Date notice received by Listed Issuer 09 Dec 2020


Announcement Info
Company Name NETX HOLDINGS BERHAD
Stock Name NETX
Date Announced 09 Dec 2020
Category Change in the Interest of Substantial Shareholder Pursuant to Section 138 of CA 2016
Reference Number CS2-09122020-00038








Netx - TOP 10 INVESTORS (AS OF LATEST FILING)
INVESTOR NAME % O/S POSITION (M Shares) POSITION CHG (M) VALUE(M USD) FILING DATE FILING SOURCE
Lim (Zhu Ai) 12.42 103.84 103.84 2.63 27-Oct-2020 Other Substantial/Declarable
Tan (Sik Eek) 7.24 60.50 60.46 2.06 06-Nov-2020 Malaysia Insider
Yong (Ket Inn) 6.00 50.16 50.12 1.27 27-Oct-2020 Malaysia Insider
Fintec Global Bhd. 1.27 10.58 0.00 0.27 27-Oct-2020 Other Substantial/Declarable
Robert (Merry Noel) 0.72 6.00 6.00 0.35 19-Mar-2020 Other Substantial/Declarable
Lau (Kok Seng) 0.23 1.92 -0.14 0.11 19-Mar-2020 Other Substantial/Declarable
Ang (Hui Chan) 0.22 1.81 1.81 0.10 19-Mar-2020 Other Substantial/Declarable
Lee (Kim Soon) 0.18 1.49 0.86 0.09 19-Mar-2020 Other Substantial/Declarable
Theaw (Poh Choo) 0.15 1.24 0.00 0.07 19-Mar-2020 Other Substantial/Declarable
Koh (Peng Cheong) 0.10 0.80

Fklim888

1,613 posts

Posted by Fklim888 > 2020-12-13 09:41 | Report Abuse

Very cruel this mlab...

Good123

26,680 posts

Posted by Good123 > 2020-12-13 10:48 | Report Abuse

Tech stocks :)


Airbnb closed at $144.71 on Thursday, giving it a valuation of $86.5 billion. Marriott, Hilton, and Intercontinental are together worth $84.1 billion.

Good123

26,680 posts

Posted by Good123 > 2020-12-13 11:13 | Report Abuse

At Mlabs, we make sure your video conferencing requirement is well taken care of. We don’t just sell you an equipment and let you figure out the rest alone. Instead, we make sure your requirement is covered from A-to-Z.

Each video conferencing requirement is unique and different. The room design, optimizing various conference solution, may it be a simple teleconference device, to full fledge videoconference solution plus overall conference room makeover and conference room set up, Mlabs has it all covered - including cabling to environmental control.

Just let us know your requirement, sit back and relax. We take every opinion seriously and will customize every order to suit users’ needs.

Mlabs will get your video conferencing solution tailored perfectly for you.

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