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Future Star Sdn Bhd holds a 20.16% stake (462 million shares) in MMAG Holdings Bhd. These shares are parked under a pledged securities account with Velocity Capital Sdn Bhd,
MMAG Holdings Berhad (March/April 2025): NexG acquired a 9.53% stake (175 million shares) for RM70 million.
Purpose: To integrate logistics and transportation capabilities into its ecosystem. This synergy is intended to secure the distribution of sensitive identity documents and facilitate new tech solutions like eKYC-linked delivery.
这个好像比较有直接关系。。
不过好像是买贵了??
nexg 的背景还是需要多了解。。经常换管理层。。
Innov8tif Holdings Sdn Bhd (November 2024): NexG acquired a 51% equity interest for RM40 million.
Purpose: To strengthen its digital identity and AI capabilities. Innov8tif’s expertise in electronic Know Your Customer (eKYC) is a core component of NexG’s "MyNasional" private digital ID platform.
While some observers, citing strong revenue growth and assets, believe the stock could recover (potentially targeting higher levels if a reversal holds)
Mmag operators already flushed the short term player to The South China Sea in 3 months, normally the price will rebound after the flushing of short term players. .
What is next for MMAG after the share price meltdown and emergence of a new substantial shareholder? Penny stock investors are likely to watch the counter with interest.