Top 25 shareholders own 58.53% of the company Ownership
Name Shares Current Value Change % Portfolio % 25.36%
Chee Chew 180,147,638 MYR25.2m 8.16% no data 5.08%
Shea Chin 36,110,516 MYR5.1m 0% no data 4.27%
Eng Ping Tan 30,331,800 MYR4.2m 2.55% no data 2.86%
Redgiant Analytics Asia Sdn Bhd 20,306,800 MYR2.8m 0% no data2.6% Chee Thoy Chin 18,500,000 MYR2.6m 0% no data 2.04%
Wei Jun Chia 14,487,900 MYR2.0m 20.73% no data 2.04%
Ah Lan Yau 14,487,900 MYR2.0m 0% no data 1.6%
Giap Khoon Ooi 11,400,000 MYR1.6m 0% no data 1.54%
OCBC Securities Private Limited, Securities Arm 10,940,000 MYR1.5m 3.8%0.85% 1.18%
See Ling Ooi 8,400,000 MYR1.2m 0% no data 1.01%
Tai Cheong Loh 7,200,000 MYR1.0m 0% no data 0.86%
Jong Weng Lee 6,124,900 MYR857.5k 0% no data 0.84%
Kin-Loong Chai 6,000,000 MYR840.0k 0% no data 0.84%
Soon Heng 5,936,400 MYR831.1k -66.15% no data 0.74%
Swee Leong Ling 5,244,200 MYR734.2k 0% no data 0.72%
Tet En Chia 5,100,000 MYR714.0k 2% no data 0.7% SP Investment Management Sdn Bhd 5,000,000 MYR700.0k 0% 11.1% 0.66% Yean Yaw Choong 4,670,300 MYR653.8k 0% no data 0.65%
- Ulaganathan 4,600,000 MYR644.0k 15% no data 0.64%
Wooi Huat Teow 4,550,000 MYR637.0k 0% no data 0.49%
Tuan Lim 3,500,000 MYR490.0k 0% no data 0.49%
Kok-San Ong 3,500,000 MYR490.0k 0% no data 0.44% Kai Wun Lim 3,160,000 MYR442.4k 0% no data 0.44% Theng Sian Lim 3,106,000 MYR434.8k 0% no data 0.42% Sundra Moorthi 3,000,000 MYR420.0k 0% no data
qwerting1 thinking of cut loss but then....... big loss
You have to confident with this company and study their chart also have a look thru their website about us
here it is:
Overview ManagePay Systems Berhad (“MPay”) is a provider of end-to-end electronic payment (“e-Payment”) solutions for banks and financial institutions, merchants and card issuers with operations in Malaysia. The Company is currently listed on the ACE Market of Bursa Malaysia with market capitalization in excess of RM120 million.
MPay has obtained notification of compliance from Bank Negara Malaysia (“BNM”) to operate its MPay payment systems in January 2013, pursuant to Section 5(3) of the Payment Systems Act 2003 which allow MPay to undertake merchant acquiring and to own direct business relationship with the merchants, facilitating merchants’ ability to accept credit, debit, loyalty and stored-value cards.
In February 2015, MPay has received a letter of approval from BNM for the issuance of e-Money as in MPay Balance virtual account and MPay MasterCard Prepaid Card. With these e-Money products, MPay is able to package an end-to-end ecosystem to the major retailers in Malaysia, ranging from general purpose reloadable card, travel card, gift card, salary card and etc. MPay’s business objective is to develop a disruptive yet complete consumer payment products and services, coupled with wide range of international payment capability/operation certification and security compliance such as those certified by card schemes, EMVCO and PCISSC.
MPay is well established to become a major Regional end-to-end Payment and Financial Service solution & service provider by creating the differentiation from competitors and existing market with new and comprehensive Payment Innovates to capture new business opportunities and potentials now exist in FinTech space.
MPay, being a PCI DSS certified Service Provider is committed to maintain proper security of all cardholder data that we obtained during storage, processing and transmission on behalf of customers. We assure you that all applicable PCI DSS requirements are implemented accordingly to achieve the level of security required to protect our customer's information.
Now MPAY is submitted to JV with Passion Venture Capital Pte Ltd, of course they have to get permission through BNM and this MPAY company is expansion their business and this is related with money that's why they have to get approval from BNM.
Have a look their website and study about this company and then you will have more confident to hold their shares.
How funny someone seems to know everything by glance at the website. Go read their Financial Report, they are given 5 Years to show result, but nothing achieve yet, making lost every year & having such a lousy product comparing with other competitors.
this type company if well performanced management it current bussiness already can be well enough to get profit..... if it added with digital bank then will be add BIG advantage... all depend on it management how to run the business and vision in digital..
If you understand what a digital bank really is, you know 100% this mpay will never get it. In lending biz, you need to know how to lend and hv money to lend. Does mpay and this sg vc look like they hv the expertise to underwrite customers or even extra cash to burn if case ppl can't pay back?
People,please see the news probably.Stock market up not bout result on certain occasions.The chart will show.I already say TP 20 cents above.Remember the number of shares in mid size in hundreds million.
ManagePay Systems said it is forming a JV company, through its wholly-owned subsidiary ManagePay Services SB (MPSB) together with Singapore-based Passion Venture Capital Pte Ltd (PVC), to participate in digital banking in Malaysia. MPSB will hold a 51% stake in the JV company, while PVC will hold the remaining 49%. Investment in the JV company will be fully funded by PVC. (The Edge)
Wow, so nice ! no need to pay a single sen and hold 51% of the stakes.
MPAY itself have good connection with MOF and I think BNM this time will issue 5 digital licenses out by end of 2020. 2 licenses will go to current conversational bank operator like CIMB, HLB,AFFIN(The conversational bank operators are not showing very encourage of interest in applying the digital license because they have done survey that digital bank business will not contribute much money compare to conversational bank) . 3 more will go to local non-conversational bank operators. Out of these 3 Managepay shall have higher chances winning rate if it can managed gather 100 millions capital before end of year. Because it was the only purely digital wallet operators listed company that intend to bid the license.The rest of applicant like Paramount , Sunway chances were extremely low. Unlike MANAGEPAY , AXIATA which have strong digital payment system background and experience. So , I am thinking that MPAY will push rocket high TP 50 cents because this is a huge project for MPAY within this 20 years.
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....
sengkee
2,060 posts
Posted by sengkee > 2020-07-29 09:48 | Report Abuse
The real show is today. Not yesterday