SHARES of SingMyanmar^: Y45 +1

2021-07-06

SHARES of SingMyanmar^: Y45 +12.82% were up on Monday after the investment company announced it was pivoting its direction towards technology-based software-as-a-service (SaaS) businesses.

As at 11.32am, the counter gained 10.6 Singapore cents or 151.4 per cent to reach its intraday peak of 17.6 Singapore cents amid heavy trading, with some 18.2 million shares changing hands.

On June 30, the company said it would pivot the company's direction to include cryptocurrency, SaaS and other high-tech platforms.

It would also look to work with other partners in the areas of gaming, augmented reality and digital entertainment, and electric vehicles and robotics.

The company had previously announced it was entering into a subscription agreement with China-based Internet company The9, which will become a strategic shareholder of Singapore Myanmar Investco.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

SkylerTan
2021-08-06
SkylerTan
Lucky i sold my on the high... If this drop again i will buy again
- SkylerTan:
  Daily mission
SkylerTan
2021-09-01
SkylerTan
[微笑] [微笑] [微笑]
SkylerTan
2021-09-09
SkylerTan
Daily mission
Pateo
2021-09-07
Pateo
Add me
SkylerTan
2021-09-03
SkylerTan
Daily mission
SkylerTan
2021-08-28
SkylerTan
Daily mission
- SkylerTan:
  Daily mission

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