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KUALA LUMPUR: Green Packet Bhd (GPacket) rose 2.1% in early trade Thursday on reports that investor from China eyes stake in the company.
PETALING JAYA: A Chinese technology giant is set to emerge as a substantial shareholder in telecommunication and technology firm Green Packet Bhd.
WE are now in September, with the Dow Jones up some 16.53% on a year-to-date basis despite the trade war woes and fears of an impending recession due to the signals being emitted by the inverted yield curve.
As the race heats up within Malaysia’s crowded e-wallet environment, some technology firms are taking a different approach to remain relevant - by white labelling their e-wallet solutions.
PETALING JAYA: Green Packet Bhd has proposed to undertake a private placement to raise up to RM85.2mil to finance future investments and working capital.
PETALING JAYA: Green Packet Bhd’s unit, KiplePay Sdn Bhd, is targeting to launch its kiplePark licence plate recognition (LPR) system in eight new sites by the fourth quarter of this year.
After some delays, Malaysia is set to switch off its free-to-air analogue TV broadcasting service in less than two months.
KUALA LUMPUR: The FBM KLCI was en route to ending the week above the 1,600 mark after making little headway over the week ahead of US Federal Reserve chairman Jerome Powell's speech in Jackson Hole, Wyoming.
KUALA LUMPUR: AmInvestment Research is maintaining its Buy call on BIMB Holdings (BIMB) but lowered its fair value to RM4.80 from RM5.20 share.
Technology stocks have been all the rage over the last two weeks.