Last 0.22 MYR
Change Today 0.00 / 0.00%
Volume 0.0
M3T On Other Exchanges
Symbol
Exchange
Kuala Lumpur
As of 11:57 PM 08/27/14 All times are local (Market data is delayed by at least 15 minutes).

m3 technologies asia bhd (M3T) Snapshot

Open
0.22
Previous Close
0.22
Day High
0.22
Day Low
0.22
52 Week High
08/11/14 - 0.26
52 Week Low
09/3/13 - 0.17
Market Cap
38.1M
Average Volume 10 Days
240.0K
EPS TTM
-0.09
Shares Outstanding
177.1M
EX-Date
12/7/11
P/E TM
--
Dividend
--
Dividend Yield
--
Current Stock Chart for M3 TECHNOLOGIES ASIA BHD (M3T)

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m3 technologies asia bhd (M3T) Details

M3 Technologies (Asia) Berhad provides mobile value added services in Malaysia, Thailand, Pakistan, and other Asian countries. The company offers a range of mobile solutions and platforms, such as multimedia products, WAP, and J2ME applications, as well as mobile messaging and data services, which include SMS, MMS, and WAP. It provides SMS Platform, a mobile network solution to create, deploy, and manage internal and third party mobile applications; mobile financial services that allow its customers to perform payment, transfer transactions, and enquiries through mobile phones; and mobile app package solutions. The company also offers M3TECH Insurance, a mobile solution, which enables insurance agents to communicate with policy holders through SMS; and mobile securities solution that enables traders to communicate and update clients through customized solutions. In addition, it provides mobile education solutions using messaging platforms capabilities to reach out students, lecturers, and parents. Further, the company distributes and retails fast-moving electronic goods and related products, as well as offers e-commerce and e-educational services. M3 Technologies (Asia) Berhad was incorporated in 1999 and is headquartered in Petaling Jaya, Malaysia.

Founded in 1999

m3 technologies asia bhd (M3T) Top Compensated Officers

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Executives, Board Directors

m3 technologies asia bhd (M3T) Key Developments

M3 Technologies (Asia) Berhad Reports Unaudited Consolidated Financial Results for the Fourth Quarter and Full Year Ended June 30, 2014; Reports Impairment Charges

M3 Technologies (Asia) Berhad reported unaudited consolidated financial results for the fourth quarter and full year ended June 30, 2014. For the quarter, the company reported revenue of MYR 8,394,000 compared to revenue of MYR 10,959,000 for the same period a year ago. Loss from operating activities was MYR 3,879,000 compared to MYR 568,000 last year. Loss before income tax was MYR 9,625,000 compared to MYR 7,836,000 last year. Net loss was MYR 9,829,000 compared to MYR 7,791,000 last year. Net loss attributable to equity holders of the company was MYR 9,896,000 or 5.59 sen per basic and diluted share compared to MYR 8,048,000 or 4.55 sen per basic and diluted share last year. For the six months, the company reported revenue of MYR 39,099,000 compared to revenue of MYR 50,276,000 for the same period a year ago. Loss from operating activities was MYR 8,914,000 compared to profit from operations of MYR 946,000 last year. Loss before income tax was MYR 14,638,000 compared to MYR 6,250,000 last year. Net loss was MYR 15,273,000 compared to MYR 7,456,000 last year. Net loss attributable to equity holders of the company were MYR 15,443,000 or 8.72 sen per basic and diluted share compared to MYR 8,063,000 or 4.70 sen per basic and diluted share last year. Net cash generated from operating activities was MYR 234,000 compared to net cash used in operating activities of MYR 2,831,000 last year. Purchase of plant and equipment was MYR 924,000 compared to MYR 1,902,000 last year. Net assets per share attributable to ordinary equity holders of the parent were 16.10 sen compared to 25.04 sen per share last year. For the quarter, the company reported impairment loss on goodwill of MYR 5,711,000 compared to MYR 7,259,000 last year.

M3 Technologies (Asia) Berhad Announces Appointment of Lim Mei Mei as Chief Financial Officer

On August 18, 2014, M3 Technologies (Asia) Berhad announced the appointment of Lim Mei Mei as Chief Financial Officer of the company, with effect from August 15, 2014. Ms. Lim Mei Mei has about 9 years experience both in audit, finance and accounting including areas such as taxation, financial cost management, organisational budget, internal control system and risk management within plantation, property development and construction, property investment, manufacturing and trading sectors.

M3 Technologies (Asia) Berhad Announces Retirement of Hong Wing Sing as Chief Financial Officer

M3 Technologies (Asia) Berhad announced retirement of Hong Wing Sing as chief financial officer, with effect from June 6, 2014.

 

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