Following the signing of Bilateral agreement of India buying OIL from UAE using Rupees, our local Minister is toying with the idea of De-dollaristion and decoupling from US dollar.
Unless our Ringgit is stable and strong, de-coupling might not work since there is no demand from foreign monetary institutions. Or that Malaysia have some magical minerals or mining rare minerals like Gold or Diamonds, (the immediate direct exchange would save some Forex losses away from SWIFT into and out of USD)
But in the remote event that, Ringgit is used instead of USD for foreign transactions be it with China, Thailand or Vietnam or even Hong Kong........DO YOU REMEMBER THE BLOCKCHAIN AGREEMENT DNEX HAVE WITH THE VARIOUS CHINESE BANKS???? These could come into play if the idea mooted kicks off..........................
TAYOR, Not a Buy or Sell call. Please check with your Remisier before making any decisions.
I should also warn Jamal smelly Jamban that apart from being un-dignified and dishonestly slandering, telling lies on other's, it is also IMMORAL for your FAITH to vilify the honor of others with your LIES!!!......
You went to school for that??? Is that what they teach you???? WE ALL REAP WHAT WE SOW.......remember that.
JamalHussien
The Crushing of Dnex shareholders:
Dnex shareholders had suffer losses from -10% to -70% due to share price collapse.
While share price was collapsing, all shareholders livelihood suffered and most declared bankruptcy and had to live in poverty, such as BobAxelRod
All these while some parties continue to enjoy high salary and treat themselves to endless eating sessions that gain more weight than share price
Management’s actions since share price collapse: 1. Zainal Abidin Jalil resigns few days after The Edge publication that he may launch management takeover of Ping at RM1bil. 2. Announce update on MOU with Foxconn that states that there is no update 3. Hire deputy chairman 4. Private placement at 10% discount to fund oil and gas venture 5. Hire 33 year old executive director
Dagang NeXchange Bhd's (DNeX) subsidiary, Dagang Net Technologies Sdn Bhd has accepted RM18.08 million contract for Malaysia Maritime Single Window Phase 1 (MMSW) project from the Port Klang Authority. The group said the project is expected to commence in October this year for a period of three years and six months.
A really famous psychologist Dr Gaba Mehtayo who says that human beings only have two needs in life one is attachment (like either marriage or with your parents whatever attachment) and the other is authenticity. Now if you have to sacrifice authenticity to get that attachment it won't last. It’s better to sacrifice the attachment and stay authentic. The reason is because then you will attract who authentically likes you and you filter it down.
Dagang NeXchange Bhd (DNeX) is partnering with Zhongheguoji Construction Group Co Ltd (CSI) to access high tech IT solutions from China as well as to expand its geographical footprint into the Middle East and North Africa region. DNeX said it has entered into a joint venture agreement with CSI for the establishment of a joint venture enterprise to source for state-of-the-art technology and solutions from China.
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....
BobAxelrod33
2,261 posts
Posted by BobAxelrod33 > 2023-10-10 16:06 | Report Abuse
Besides, I WOULD RATHER DX Sdn Bhd LOSING CONTROL AND CHINESE HAVING 60% of Silterra....don't you think so???
Also, check the internal changes and their expansion into IOT and not basically just 4 feet by 4 feet semi cond potatoes chips.......hahahaha