Morning today kita try push to 0.14 Hopefully kalau x menarik kita sell hahaha Mcm mana nak naik if tak beli and asyik condemm jer .. kalau x minat this counter abaikan Ikut citarasa masing2 k Peace yoo
HLIB Research said Dnex is actively looking for avenues to expand its information technology business by tapping its experience and expertise in serving the public sector in Malaysia.
PETALING JAYA: Hong Leong Investment Bank (HLIB) Research says it is mildly positive on Dagang Nexchange Bhd’s (Dnex) venture into the Middle East and North Africa (Mena) region by leveraging technology solutions from China and Saudi Arabia.
The research house said Dnex is actively looking for avenues to expand its information technology business by tapping its experience and expertise in serving the public sector in Malaysia.
Should the venture come to fruition, Dnex will predominantly be responsible for providing the technical know-how and providing information and communication technology (ICT) infrastructures and subsequent maintenance works.
“We revamped our model and reintroduced our 18-month financial year 2023 (FY23), FY24 and FY25 forecasts at RM160.6mil, RM145.2mil and RM179mil, respectively.
“We have also not imputed this development into our forecasts until some contract wins are announced,” HLIB Research said in a report yesterday.
Dnex recently announced that it had entered into a joint-venture (JV) agreement with Zhongheguoji Construction Group Co Ltd (CSI) to set up a JV enterprise (China JVE) to provide licenses and/or services to Chinese and international customers.
The JVE also allows Dnex to access technology and solutions from China in areas of smart city and artificial intelligence, among others.
The registered capital of the JVE amounts to 20 million yuan (RM13mil) and will be funded by internally generated funds. Dnex would hold a 60% stake in China JVE, while CSI would own the balance of 40%.
Recall that Dnex and Ajlan and Bros Holding Group previously signed a JV agreement in March this year to form an equally-owned JV (KSA JV) to carry out systems integration in smart cities and large enterprise projects in the Mena region.
The newly formed JV agreement with CSI and the collaboration agreement between both JVs to be incorporated mark a continuation of Dnex’s venture into the Mena region by leveraging technology solutions from China and Ajlan and Bros’ access to the region.
HLIB Research noted that this venture is in conjunction with the objectives of Saudi Vision 2030.
This is the kingdom’s aim to implement smart-city projects across cities such as Makkah, Riyadh, Jeddah, Al-Madinah and Al-Ahsa, allowing Dnex to ride on the growing ICT spending in years to come from the kingdom.
KUALA LUMPUR (Nov 27): Integrated environmental solutions provider Progressive Impact Corp Bhd has secured a contract from Indonesian state-owned energy company Pertamina Hulu Rokan to provide environmental sampling and laboratory analysis services for 52.53 billion Indonesian rupiah (RM15.73 million).
In a filing with Bursa Malaysia on Monday, Progressive Impact said its subsidiary PT ALS had entered into a contract dated July 12, 2023 with Pertamina Hulu Rokan for the three-year job, which commenced on July 14, 2023.
It said the contract is a continuation of the existing business that PT ALS has with Pertamina Hulu Rokan, and serves as an expansion of its business into the Indonesian market.
"The Pertamina Hulu Rokan project will have a wider positive impact in Indonesia. In the future, Pertamina Hulu Rokan is expected to become one of the main oil and gas producers in Indonesia, contributing to meeting national energy needs," it said.
On Monday's market close, Progressive Impact's shares were unchanged at 8.5 sen, with a market capitalisation of RM52.82 million.
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....
JejakaDuit
208 posts
Posted by JejakaDuit > 2023-10-17 09:29 | Report Abuse
target today -----rm0.12...maybe