The newspiece did not name the fund which bought Appasia. But the fact is Appasia owned the e-Confirmation. Whether its substantial shareholder is a Malaysian entity or an even bigger international fund, it does not matter. What is fact is that 1) Appasia's produce is used by top audit firms in the country and major banks. 2) Each use is RM15 per successful confirmation 3) There is no competitor to Appasia in Malaysia for this electronic banking confirmation and they will likely be the industry leader of this innovation 4) Agreement with MIA lasts 12 years
Solid investments are usually made on facts. Rumours provide the spark.
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....
lbjtrader
38 posts
Posted by lbjtrader > 2020-07-27 10:22 | Report Abuse
tak tau, but trend is bullish