Posted by ubudayah888 > 2023-11-29 00:09 | Report Abuse

https://theedgemalaysia.com/node/691849
Catcha Digital to acquire 51%-stake in Digital Symphony for RM21.17m

KUALA LUMPUR (Nov 28): Digital media company Catcha Digital Bhd is planning to acquire a 51% equity interest in digital agency DS Services Sdn Bhd, more commonly known as Digital Symphony, for RM21.167 million.

In a press statement on Tuesday, Catcha Digital said it has inked a letter of intent for the acquisition and that the consideration payment will be split into two tranches over two years, payable upon Digital Symphony achieving a profit guarantee of audited profit after tax of RM4 million for the first year post-acquisition, and RM4.3 million for the second year.

"The acquisition is expected to materially increase Catcha Digital’s earnings per share," it said.

It plans to fund the purchase via a combination of internal funds, debt financing and equity financing.

Digital Symphony is a Malaysia-based data-driven digital agency that operates in Malaysia and Singapore. It provides differentiated performance marketing solutions to clients using its proprietary software and analytics tool.

Founded in 2014 by Kuhan Kumar Palaniappan, the company serves a broad range of enterprise clients with a focus on the property development sector, said Catcha Digital.

“Recognised broadly in Malaysia as one of the leaders in their field, Digital Symphony will form a key part of Catcha Digital’s strategy going forward. I am confident [in] Kuhan and his team, and I believe we can grow hand in hand. We look forward to working with the Digital Symphony team to bring the business to greater heights,” said Catcha Digital chairman, Patrick Grove.

Catcha Digital's shares closed up 0.5 sen or 1.12% to 45 sen on Tuesday, giving the company a market capitalisation of RM158.44 million.

Posted by ubudayah888 > 2023-11-29 00:10 | Report Abuse

what do you guys think? looks like an exciting development eh

Posted by keng88 > 2023-11-29 18:01 | Report Abuse

Just now catcha announced the latest results. Why is the profit still so low? Can anyone explain?

Posted by ubudayah888 > 2023-11-30 18:37 | Report Abuse

I looked at the report, I believe there's one-off costs related to the GN2 upliftment...they need to pay a big chunk of fees to the advisors during that quarter...

Posted by keng88 > 2023-12-01 08:34 | Report Abuse

Ubudayah888，Thank you for your answer.

Posted by Rajankumar > 2023-12-06 14:28 | Report Abuse

CATCHA forming "M" shape, break below 41sen will trigger selling order. Next support level is 30sen.

Posted by Rajankumar > 2023-12-06 14:28 | Report Abuse

CATCHA break down 41sen super strong support level. Look like will drop further to 30sen-33sen. Please be careful.

Posted by Rajankumar > 2023-12-06 15:09 | Report Abuse

40sen support also break. Better run for ur life now.

Posted by Rajankumar > 2023-12-06 15:15 | Report Abuse

Strong support at 30sen.

Posted by Hotstuff > 2023-12-07 16:04 | Report Abuse

Buying opportunity appear. Buying up in batches.

Posted by Jerung > 2023-12-08 13:48 | Report Abuse

wow what happen ... enter bk?

Posted by keng88 > 2023-12-08 16:03 | Report Abuse

Super sell , good enter point.

Posted by MoonStalker > 2023-12-31 22:27 | Report Abuse

keng88, the price up you say good enter point, will fly to moon. the price down, you say good enter point to buy lower. you talk all lo... this counter not worth buying and just another shell company...

Posted by keng88 > 2024-01-08 16:05 | Report Abuse

Catcha Vol coming.

Posted by speakup > 2024-01-08 21:45 | Report Abuse

pushed up for u opportunity to sell

Posted by royroycoyboy > 2024-01-16 11:24 | Report Abuse

Buying now!

Posted by BradonOoi > 2024-01-18 15:11 | Report Abuse

looks tempted to buy 🙈

Posted by Hotstuff > 2024-01-18 15:31 | Report Abuse

Bought 100k

Posted by BradonOoi > 2024-01-23 10:49 | Report Abuse

What's your entry price, Hotstuff? 🙂

Posted by Income > 2024-02-09 12:18 | Report Abuse

Running… it’s London Bridge is falling down.

Posted by Remnant17 > 2024-02-23 10:31 | Report Abuse

Can start a position now...good price

Posted by newbie9893 > 2024-03-15 11:34 | Report Abuse

watch out this counter, might shoot up very soon

Posted by newbie9893 > 2024-03-15 12:07 | Report Abuse

last chance to buy catcha@0.3, you won't get this price in afternoon section..trust me

Posted by newbie9893 > 2024-03-15 15:18 | Report Abuse

lai liao

Posted by Michael Kwok > 2024-03-18 01:03 |

Post removed.Why?

Posted by newbie9893 > 2024-03-18 10:51 | Report Abuse

sapu catcha now...to be rewarded very soon

Posted by newbie9893 > 2024-03-19 09:48 | Report Abuse

slowly up but surely..buy

Posted by newbie9893 > 2024-03-19 10:03 | Report Abuse

hook ah...last chance to buy catach@0.33, you won't get this price in afternoon section, trust me

Posted by speakup > 2024-03-19 12:37 | Report Abuse

Eric Tan takde kerja, goreng je

Posted by Income > 2024-03-21 16:44 | Report Abuse

https://youtube.com/shorts/U-Bun1MYU9U?si=i2hTwP45LAKoeqYK

Posted by BradonOoi > 2024-03-22 09:46 | Report Abuse

Wait for good news to come again and goreng 😁

Posted by ronnie2u > 2024-03-22 14:23 | Report Abuse

Eric Tan's interview with Mr Money TV founder at https://www.youtube.com/watch?v=HfAPqoAnkk0

Posted by Income > 2024-03-25 18:58 | Report Abuse

https://youtube.com/shorts/KHS7DAtVoN8?si=sgkmJ5SAiDxcws1j

Posted by Income > 2024-04-13 13:15 | Report Abuse

https://youtube.com/shorts/H2gPhhoRpnI?si=wtKHQcFg4MuoeKPQ

Posted by Income > 2024-04-22 14:38 | Report Abuse

https://youtube.com/shorts/YkhyGxienKQ?si=t0vUTkL_rIzFQf6f

Posted by newbie9893 > 2024-05-28 15:12 | Report Abuse

I all in Catcha, might limit up today.

Posted by newbie9893 > 2024-05-28 15:21 | Report Abuse

GO...GO..GO..LU..LU..LU

Posted by newbie9893 > 2024-05-28 15:33 | Report Abuse

as expected, will limit up soon

Posted by newbie9893 > 2024-05-28 15:34 | Report Abuse

last chance to sapu Catcha@0.355, you won't be able to grap this price tomorrow

Posted by newbie9893 > 2024-05-28 15:40 | Report Abuse

buy.............

Posted by newbie9893 > 2024-05-28 15:48 | Report Abuse

buy BIG as well, will goreng up at the same time

Posted by newbie9893 > 2024-05-28 15:50 | Report Abuse

better watch out....big show will start after 4.00pm...

Posted by newbie9893 > 2024-05-28 16:07 | Report Abuse

all resistance breakout....ready to rocket up

Posted by newbie9893 > 2024-05-28 16:11 | Report Abuse

wah....0.36 cleared liao

Posted by newbie9893 > 2024-05-28 16:20 | Report Abuse

catcha go...go...go....limit up

Posted by newbie9893 > 2024-05-28 16:24 | Report Abuse

touched 0.37...sui sui

Posted by CarolineTeoh > 2024-06-04 19:39 | Report Abuse

Good profits at the beginning of FY2024. Nice ~

Posted by Whiteevoque > 2024-06-05 07:10 | Report Abuse

Should go towards 50 soon

Posted by speakup > 2024-06-05 08:00 | Report Abuse

Last time many uncle's auntys pakcik makciks trapped at high floor. All wait for Eric to free them

Posted by CarolineTeoh > 2024-06-06 17:19 | Report Abuse

Who is Eric?