Regal Orion Sdn Bhd is building a $290 million (RM1.2bil) data center in Labu, Negeri Sembilan, an administrative district on the west coast of Malaysia. RM 1.2B data center!!! How big is this value!
I reckoned its a good news. Why? New injection of capital into GPA itself Regal could optmise GPA niche snd expertise to Regal....biggest data centre in South east asia.... Lucrative... GPA expertise is of importance to support UPS battries power back up to the system in generic..very critical and need the best service provider...GPA too acquire new bz clientlee
Just to share .... Quote "....We refer to the article apppearing in The Edge Malaysia, page 18 on Monday, 10 August 2020. It was quoted in the said article that there had been talks for a certain party to take over GPA via a reverse takeover exercise.
Upon enquiry with the Board of Directors and major shareholder of the Company, Tan Sri Dato' Tan Hua Choon, the non-independent and non-executive Chairman of the Board and major shareholder of the Company, has confirmed that he has been approached by several interested parties, including the company named in the aforesaid newspaper article, for possible asset injection into GPA. However, there has not been any concrete development thereof which would warrant an announcement to be made at this point of time.
Focus on the words ..'. for possible asset injection into GPA.... '. This conccured whatever in my mind.
high volume start 3 days ago, tonight should announce if regal orion take over. A Lot of transaction on rm0.16 & rm0.19 over last 3 days. Roughly about 30-40% shares transacted. hope for good news tonight
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jjohnchew
2,877 posts
Posted by jjohnchew > 2020-06-23 05:25 |
Post removed.Why?