-->

Type something and hit enter

Pages

Singapore Investment


On

KGROUP

只是讨论帖
不是买卖建议

已经收购成功了?只是看不见提到 "profit guaranteed" 字眼

1. On 21 July 2017, the Company (“Company” or “KAG”) announced the following proposals:
i) proposed consolidation of every 4 ordinary shares in KAG (“KAG Shares” or “Shares”) into 1 KAG Share (“Proposed Share Consolidation”);

1.2018 Q1
Changes in the Composition of the Group
On 4 April 2017, the Group has acquired 100% equity interest in Key Alliance Officeworks Sdn Bhd (“KAOW”) for a total consideration of RM2.00. The intended principal activity of KAOW is to carry on the business of shared office space.

2. 2017 Annual Report :
Acquisition :
**On 7 April 2017 the Group has entered into memorandum of understanding with Rapidcloud (M) Sdn Bhd (“RCM”) to confirm the mutual interest in collaboration and subsequently

** on 22 May 2017, the Group has entered into share acquisition agreement with Rapidcloud Asia Sdn Bhd to acquire 100% equity of RCM. The transaction is the midst of completion.

**On 11 April 2017 the Group has entered into memorandum of understanding with Progenet Sdn Bhd (“PGSB”) to confirm the mutual interest in collaboration and subsequently on 19 May 2017, the Group has entered into share acquisition agreement with the vendors of PGSB to acquire 100% equity of PGSB. The transaction is the midst of completion.

**On 7 June 2017 the Group has entered into collaboration agreement with Harvest Court Properties Sdn Bhd in collaborating in a joint venture in relation to a proposed e-commerce fulfillment hub.

Business direction And prospects
Moving forward, the Group will continue to focus on its core business in ICT business though the ICT industry has become increasingly competitive. To create a further niche within the ICT industry, to increase competitiveness, the Company has made several steps in its proposed acquisitions announced recently to divert its resources to a specific area, mainly cloud and storage provision services.

On 22 March 2017, the Malaysian Government expressed its interest to turn the former LCCT Airport into a massive E-commerce Logistics Hub, in partnership with Alibaba and Malaysia Digital Economy Corporation (“MDEC”). This is the key ingredient that formulates the Government’s formation of a Digital Free Trade Zone (“DFTZ”).

In addition, the Group has undertaken various efforts including actively identifying opportunities to venture into other sectors with growth potential beyond the ICT industry. This includes the receipt of the LOA from OCR Land has provided a platform for the Group to spearhead into future construction, property development and/or property investment projects.

3. Announcement date : 15 May 2017
Information on PROGENET :
PROGENET is a company incorporated in Malaysia on 14 January 2008 and having its registered office at 1A, Jalan Cempaka 4, Taman Nirwana, Ampang, Selangor.
PROGENET is principally involved in the business of computer networking and system consultants, supply equipment and cabling.

RATIONALE OF THE OFFER

The Offer is made on the rationale that PROGENET’s existing business which will provide synergistic and leveraged opportunities for the KAG Group to expand its ICT exposure into the newly launched Digital Free Trade Zone based E-Commerce industry as well as providing an established platform to handle cloud computing and data centre business.

If the Offer would eventually lead to the Proposed Acquisition of PROGENET, the board is of the view that it would have an overall positive impact to the KAG Group’s financials in the future.

4. Annoucement date : 27 APR 2017
Information on RAPIDCLOUD

RAPIDCLOUD is a company incorporated in Malaysia with its registered address at Suite 10.03, Level 10, The Garden South Tower, Mid Valley City, Lingkaran Syed Putra, 59200 Kuala Lumpur.

RAPIDCLOUD is wholly owned by RCI. The director of RAPIDCLOUD is Mr Chew Man Fai.

RAPIDCLOUD are a premier enterprise cloud solutions provider in South East Asia, currently hosting in excess of 10,000 SME and Corporate clients, and is one of the established reseller of Alibaba Cloud in Malaysia.

RATIONALE OF THE OFFER

The Offer is made on the rationale that RAPIDCLOUD’s existing client base and product suite, which includes its reseller status for both Alibaba Cloud services and Alibaba Global Gold Supplier status provides synergistic and leveraged opportunities for the KAG Group to expand its ICT exposure into the newly launched Digital Free Trade Zone based E-Commerce industry.

If the Offer would eventually lead to the Proposed Acquisition of RAPIDCLOUD, the board is of the view that it would have an overall positive impact to the KAG Group’s financials in the future


https://www.facebook.com/groups/2004453959766006/permalink/2045894895621912/
Back to Top