AWANBIRU TECHNOLOGY BERHAD

KLSE (MYR): AWANTEC (5204)

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Last Price

0.33

Today's Change

+0.01 (3.13%)

Day's Change

0.32 - 0.33

Trading Volume

640,900


26 people like this.

26,987 comment(s). Last comment by 11395861 2 days ago

Posted by Iamnotasifu > 1 month ago | Report Abuse

see u RM2 end of the year

speakup

23,499 posts

Posted by speakup > 1 month ago | Report Abuse

will be affected by SST naik 6% to 8%.

fl888

7,120 posts

Posted by fl888 > 1 month ago | Report Abuse

Awan biru..means blue sky…good omen tomorrow….should break 30cts easily…

fl888

7,120 posts

Posted by fl888 > 1 month ago | Report Abuse

But sell on news is KLSE modus operandi…

fl888

7,120 posts

Posted by fl888 > 1 month ago | Report Abuse

Can the Govt afford to pay the RM922 million to Awantec on Oct 27..?//

fl888

7,120 posts

Posted by fl888 > 1 month ago | Report Abuse

Hopefully an amicable settlement tomorrow for Awantec with PMX….

EVO118

2,011 posts

Posted by EVO118 > 1 month ago | Report Abuse

From Annual report.
Notes on financial statements. Section 8 page 209
"(b) Included in the trade receivables of the Group is an amount of RM182,798,000 (2022 - RM182,798,000) owing
by the Government of Malaysia (“GOM”) in relation to the development of SKIN Solution.
As disclosed in Note 43 to the financial statements, the termination of the SKIN Project took effect on
22 January 2019. The amount owing is expected to be recovered through legal claims from the GOM."

EVO118

2,011 posts

Posted by EVO118 > 1 month ago | Report Abuse

From AR page 8/255
The OS was heard before the High Court on 22 January 2021, 29 January 2021, 26 February 2021, 9 April 2021,
20 May 2021, 2 November 2021, 30 November 2021, 11 March 2022, 25 July 2023, 26 July 2023 and 27 October 2023.
The hearing of the OS is currently still ongoing.

11395861

353 posts

Posted by 11395861 > 1 month ago | Report Abuse

Sabar dan bertenang semua..tomorrow final countdown

Posted by AmmarSyahiran > 1 month ago | Report Abuse

ada apa harini

11395861

353 posts

Posted by 11395861 > 1 month ago | Report Abuse

Ammar Syahiran....awantech kena sembelih

fl888

7,120 posts

Posted by fl888 > 4 weeks ago | Report Abuse

For a win-win situation, Arbitration which is also ongoing for an amicable settlement will save both parties ,time and money…and embarrassment..

jojo85

406 posts

Posted by jojo85 > 4 weeks ago | Report Abuse

Gogo 40c

fl888

7,120 posts

Posted by fl888 > 4 weeks ago | Report Abuse

Hope Govt do not try and wriggle their way out of the Trade Receivables of RM182,798 billed by saying corruption or defective ,etc in the billings..settle amicably..what is the reason for termination of SKIN ?

EVO118

2,011 posts

Posted by EVO118 > 3 weeks ago | Report Abuse

(ii) after concluding the examination of the expert witness, the Court has directed the Parties to file Notes of Proceedings, Written Closing Submissions and Written Reply Closing Submissions respectively before the Oral Closing Submission; and

(iii) the Oral Closing Submission has been fixed on 8 March 2024 by the Court for the conclusion of the OS.

The Company will make the necessary announcements on material developments in respect of this matter from time to time.

This announcement is dated 30 October 2023.

They got to be kidding. Can't even make a simple decision. It's a JOKE!

Posted by AmmarSyahiran > 3 weeks ago | Report Abuse

apa jadi tetiba naik

xiaoeh

604 posts

Posted by xiaoeh > 3 weeks ago | Report Abuse

has the issue with SC settled?
do not dare to buy if issue still unresolved.

ChloeTai

775 posts

Posted by ChloeTai > 3 weeks ago | Report Abuse


KUALA LUMPUR (Nov 7): Edaran Bhd’s share price hit an 18-month high of 71 sen in Tuesday morning trade, after its unit Edaran IT Services Sdn Bhd won a contract to maintain the Royal Malaysian Customs Department’s operating system and MySST (Malaysia Sales & Services Tax) application worth RM89.88 million — which is almost three times the company’s market capitalisation based on its Monday (Nov 6)’s closing price.

fl888

7,120 posts

Posted by fl888 > 2 weeks ago | Report Abuse

Before KLSE issue delisting warning on around August 17, Awantec was at 40cts….and should be 40cts now as extension of RP approved and delisting delayed until April 2024…..

fl888

7,120 posts

Posted by fl888 > 2 weeks ago | Report Abuse

Hopefully PMX entourage can get Microsoft to give back some business to Awantec….

Posted by Ahmadrazak > 2 weeks ago | Report Abuse

Lesson learnt, Awantec picks up the pieces and moves on
https://theedgemalaysia.com/node/688997

fl888

7,120 posts

Posted by fl888 > 2 weeks ago | Report Abuse

Expecting good qtr result before 24-11-23 ..

Posted by Ahmadrazak > 2 weeks ago | Report Abuse

Google, M'sian govt on strategic collaboration, skill opportunities for 300,000 by 2026

SAN FRANCISCO (Nov 15): The Malaysian government and Google on Wednesday announced a strategic collaboration to create inclusive growth opportunities for more Malaysians and home-grown companies in the fast-growing digital economy.

The collaboration brings both parties together to help businesses of all sizes advance their digital competitiveness through skilling programmes, investment in digital infrastructure, responsible artificial intelligence (AI) innovation, and cloud-first policies, Google said in a statement here on Wednesday.

“This latest commitment by Google, aimed at accelerating local innovation and talent development in the field of AI, will certainly boost the nation's digital competitiveness, in line with the Madani Economy Framework and the New Industrial Master Plan 2030 (NIMP 2030),” Prime Minister Datuk Seri Anwar Ibrahim said on Wednesday.



Building an ecosystem for a thriving innovation-based economy
Cyberjaya is a shining example of the nation’s commitment to technological advancements and innovation. Its journey began when it was conceived as part of Malaysia’s Multimedia Super Corridor (MSC) initiative in 1997, aimed at creating a high-tech environment that would attract global technology companies, foster innovation and attract foreign direct investments (FDIs).

The Madani Economy Framework aims to increase the size of Malaysia’s economic pie, as well as ensure that all stakeholders — particularly the rakyat and small businesses — will enjoy the ensuing socio-economic benefits, he said.

Google said the latest initiatives are built on its investments in Malaysia over the last 12 years.

In 2022 alone, the company’s products and programmes supported more than 47,900 jobs and also contributed, directly and indirectly, an estimated US$2.8 billion (RM13.15 billion) in economic benefits to local businesses.

“The partnership we are announcing today (Wednesday) with the government of Malaysia aligns Google’s local mission of Advancing Malaysia Together with the government’s goal to create a supportive ecosystem for innovation that includes more meaningful and equitable job opportunities,” said Alphabet and Google president and chief investment officer Ruth Porat.

Meanwhile, Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz welcomed Google’s continued contributions to the rakyat and home-grown businesses, especially through programmes that nurture skilled talent and help Malaysia’s small businesses scale regionally.

“Apart from supporting the achievement of the NIMP 2030’s missions, these will also enhance Malaysia’s overall global competitiveness to foreign investors. The Ministry of Investment, Trade and Industry and its agency, the Malaysian Investment Development Authority (Mida), will do our utmost to facilitate Google’s planned investments in Malaysia.”

Inclusive skilling opportunities for 300,000 Malaysians by 2026
To provide Malaysians from all backgrounds with more digital training opportunities, Google Cloud, CloudMile and Trainocate are making five digital learning paths available at no cost.

“Accessible through the GoCloud programme — which aims to upskill 300,000 Malaysians by 2026 — the learning paths consist of online courses to help individuals better apply generative AI, data analytics and cloud-based productivity tools.”

Learners who complete the five learning paths will earn digital skills badges that they can share on their resumes and extended 30-day access to more learning paths at no cost.

Google said this is built on Gemilang, a digital training programme that has provided 31,000 Google Career Certificate scholarships to less fortunate individuals in partnership with educational institutions and non-profits.

“This helps Malaysians earn professional certifications — at no cost — for entry-level jobs in high-demand fields such as data analytics, IT support as well as e-commerce and digital marketing.”

Besides this, the government and Google Cloud will embark on joint AI launchpad initiatives to create new jobs, enhance public service delivery and help local companies tap into global markets.

Google will also support the government’s refinement of its existing Cloud First Policy for Malaysia, contributing policy expertise and its Secure AI Framework to account for the latest advancements in cloud computing and AI.

This reinforces the government’s efforts to prioritise the use of resilient, cost-efficient, and innovation-driven cloud services over capital-intensive on-premise systems, while aligning with global best practices on data privacy and security standards.

Posted by Ahmadrazak > 2 weeks ago | Report Abuse

CIMB INVESTMENT BANK BERHAD buy into AWANTEC. According latest annual report, CIMB got 2.28% stakes.

fl888

7,120 posts

Posted by fl888 > 2 weeks ago | Report Abuse

Undervalued stock….40cts no problem which was the price before KLSE issued delisting warning…

Posted by Ahmadrazak > 2 weeks ago | Report Abuse

CIMB INVESTMENT BANK also look good AWANTEC.

Posted by Ahmadrazak > 2 weeks ago | Report Abuse

According to annual report, CIMB Investment Bank hold 18,000,000 (2.28%) shares in AWANTEC as at 29 Sept 2023.

fl888

7,120 posts

Posted by fl888 > 2 weeks ago | Report Abuse

Warrant undervalued……38.5 cts conversion ..expiring 24-11-2025…

fl888

7,120 posts

Posted by fl888 > 1 week ago | Report Abuse

Next week….sure top 20 volume…..up or down ?

fl888

7,120 posts

Posted by fl888 > 1 week ago | Report Abuse

NOW ALREADY TOP 20 IN VOLUME...attracting Fund Managers attention gradually...

Posted by Ahmadrazak > 1 week ago | Report Abuse

AWANTEC Top Shareholder:-

ARECA DYNAMIC GROWTH FUND -----13.06%
AFFIN HWANG MULTI-ASSET FUND -----12.49%
ECO CLOUD ASSETS SDN BHD ---------- 10.10%
CIMB INVESTMENT BANK BERHAD ------- 2.28%

Posted by Ahmadrazak > 1 week ago | Report Abuse

Short term target 50sen.

Posted by Ahmadrazak > 1 week ago | Report Abuse

All big funds accumulated AWANTEC. Short term target 50sen, long term target RM1.00.

fl888

7,120 posts

Posted by fl888 > 1 week ago | Report Abuse

Looks like big funds cornering the shares…..not much for minority shareholders to have a say but follow

Posted by WarrenBuffet8888 > 1 week ago | Report Abuse

https://theedgemalaysia.com/node/688997 will become multibagger

Posted by WarrenBuffet8888 > 1 week ago | Report Abuse

With the gradual implementation of the CFA by the government, Azlan is confident that Awantec will turn around in FY2024, with its revenue expected to increase by a double-digit percentage. “We are definitely going to be profitable in FY2024,” he says.
Compensation of 1 Billion + NIISE + Quarter , this stock will limit up

fl888

7,120 posts

Posted by fl888 > 1 week ago | Report Abuse

Awantec Wa 14cts + 38.5 cts conversion get 1 mother share at 52.5 cts can happen this week…

Posted by Ahmadrazak > 1 week ago | Report Abuse

23 Nov will release QR. Expect will turn around to made RM2Mil profit.

fl888

7,120 posts

Posted by fl888 > 1 week ago | Report Abuse

Buy now…good chance to break 40cts this week…

fl888

7,120 posts

Posted by fl888 > 1 week ago | Report Abuse

Last time mother 28cts….warrant go to 18cts….now mother 34cts, warrant only 14cts…

fl888

7,120 posts

Posted by fl888 > 1 week ago | Report Abuse

Buy……

fl888

7,120 posts

Posted by fl888 > 1 week ago | Report Abuse

Tomorrow qtr result out to celebrate PMX 1st anniversary…

Posted by money_talk > 1 week ago | Report Abuse

qtr sudah keluar...ini kali la....

fl888

7,120 posts

Posted by fl888 > 1 week ago | Report Abuse

Upliftment of its GN3 status and RP if Awantec can strike a major partnership deal with another entity likely on the card….

11395861

353 posts

Posted by 11395861 > 1 week ago | Report Abuse

Should awantech to be strong today.....support by qtr redust today

fl888

7,120 posts

Posted by fl888 > 1 week ago | Report Abuse

CEO Azlan has talk a lot of potential but no many investors walking the talk….l

fl888

7,120 posts

Posted by fl888 > 6 days ago | Report Abuse

Warrant is a better bet...expiring 2025

Posted by Ahmadrazak > 3 days ago | Report Abuse

AWANTEC CEO AZLAN BIN ZAINAL ABIDIN start buying in market last friday. This showing good news will coming and price will sharp rise soon.

11395861

353 posts

Posted by 11395861 > 2 days ago | Report Abuse

What happens if awantech awarded SKIN back n OS to GOM is clearly

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