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Last 0.16 MYR
Change Today 0.00 / 0.00%
Volume 2.2K
M3T On Other Exchanges
Kuala Lumpur
As of 2:58 AM 07/31/15 All times are local (Market data is delayed by at least 15 minutes).

m3 technologies asia bhd (M3T) Snapshot

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52 Week High
11/12/14 - 0.27
52 Week Low
07/29/15 - 0.13
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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. It 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. The company 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 Retail Series, an application for retail business needs. It also offers M3TECH Insurance, a mobile solution, which enables insurance agents to communicate with policy holders through SMS; and M3TECH Securities, a mobile solution that enables traders to communicate and update clients through customized solutions. In addition, the company provides mobile education solutions using messaging platforms capabilities to reach out students, lecturers, and parents. Further, it distributes and retails fast-moving electronic goods and related products, as well as offers e-commerce and e-educational services. The company 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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m3 technologies asia bhd (M3T) Key Developments

M3 Technologies (Asia) Berhad Announces Unaudited Consolidated Earnings Results for the Third Quarter and Nine Months Ended March 31, 2015

M3 Technologies (Asia) Berhad announced unaudited consolidated earnings results for the third quarter and nine months ended March 31, 2015. For the quarter, the company reported revenue of MYR 9,807,000 against MYR 9,027,000 a year ago. Loss from operations was MYR 250,000 against MYR 1,747,000 a year ago. Loss before taxation was MYR 588,000 against MYR 1,755,000 a year ago. Net loss for the period was MYR 756,000 against MYR 1,877,000 a year ago. Basic and diluted loss per share was 0.51 sen against 1.11 sen a year ago. For the nine months period, the company reported revenue of MYR 24,763,000 against MYR 30,705,000 a year ago. Loss from operations was MYR 2,474,000 against MYR 5,035,000 a year ago. Loss before taxation was MYR 3,015,000 against MYR 5,013,000 a year ago. Net loss for the period was MYR 3,456,000 against MYR 5,444,000 a year ago. Basic and diluted loss per share was 2.27 sen against 3.13 sen a year ago. Net assets per share attributable to ordinary equity holders of the parent were 21.86 sen against 25.04 sen a year ago. Net cash used in operating activities was MYR 1,966,000 against MYR 1,706,000 a year ago. Purchase of plant and equipment was MYR 590,000 against MYR 662,000 a year ago.

M3 Technologies (Asia) Berhad Proposes Amendments to the Memorandum and Articles of Association

M3Tech announced that the proposed amendments to the Memorandum and Articles of Association of M3Tech (M&A) to facilitate the proposed increase in authorised share capital and the proposed employees’ share option scheme (Proposed M&A Amendments).

M3 Technologies (Asia) Announces the Resignation of Lim Mei Mei as CFO

M3 Technologies (Asia) announced the resignation of Lim Mei Mei as CFO, due to personal commitment. The effective date is March 24, 2015.


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