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Overview
Financial Highlight
Headlines
Business Background Radiant Globaltech Bhd is engaged in providing retail technology solutions including retail hardware, retail software, as well as maintenance and technical support services. It also offers full range of retail technology solutions to its customers.
  Bokai hq moved to Penang , let's see how it goes . Seemed like Thai side "isn't doing well 02/09/2022 4:01 PM jack2 Bokai, are u sure you get the info right? the group hq is at bangsar south. the penang hq is a subsidiary co. how you assessed the thai JV is not doing well? 04/09/2022 4:58 PM Faiza 1Q2022 - net profit rm1.69M, cashflow increased rm2.6M to rm37.6M 2Q2022 - net profit rm2.1M, cashflow increased rm4.6M to RM42M cashflow increased from better collection, hope can reach 50M this year 06/09/2022 9:53 AM jack2 Giant Mini is expanding rapidly to compete for retail business. Good for the group in supplying hardware, software and maintenance 10/09/2022 1:35 PM jack2 KUALA LUMPUR (Sept 10): When the Malaysian retail industry experienced its worst performance in over two decades in 2020 contracting by 16.3%, the industry had expected to only recover to pre-pandemic levels in 2024. However, the latest edition of the Malaysia Retail Industry Report published by Retail Group Malaysia (RGM) revealed that the first quarter of 2022 (1Q2022) and 2Q2022 growth numbers were solid, expanding year-on-year by 18.3% and 62.5% respectively. With retailers expecting yet another jump of 61.7% in the third quarter, RGM is now confident that the industry will recover to levels achieved in 2019 — the year before the pandemic. https://www.theedgemarkets.com/article/retail-boom-sustainable 10/09/2022 4:53 PM jack2 Giant mini 50 branches now, if to open 2,000 branches next 5 yrs to compete with 99SP, imagine the business potential 11/09/2022 7:58 PM  faridfet -Key clients are 99 Speedmart, Aeon Big, Giant, 7-Eleven, Cold Storage, Guardian and Parkson which Malaysia is the main revenue. While in Thailand, 2 F&B outlets of a prominent food court operation making healthy progress. -Also, the founder of the 99 Speedmart retail chain, Lee Thiam Wah, has emerged as the third biggest shareholder in retail technology solutions provider Radiant Globaltech Bhd (RGTech), with a 15.77% stake. https://www.thestar.com.my/business/business-news/2021/10/16/radiant-rides-on-strong-digitisation-wave https://www.theedgemarkets.com/article/99-speedmart-founder-lee-thiam-wah-emerges-third-biggest-shareholder-rgtech 29/09/2022 12:27 PM jack2 share price drop is an opportunity to pick up more shares the increase in interest rate is positive, net cash more than RM40 million appreciating US dollar, increase in hardware cost is pass to customers overall, the situation is not that bad to the group 30/09/2022 9:41 AM jack2 suspect the sharky is pushing the price down for shake out and accummulate for the next cycle once the sky is clear 30/09/2022 10:07 AM jack2 retail business is recovering and chances is the revenue for this year is better than last year 30/09/2022 10:13 AM jack2 overseas business, so far the bright spot is thailand, breakeven in 2 yrs. thai side seemed to have more potential than vietnam so far. retail biz at Siam is robust 30/09/2022 4:38 PM jack2 HANOI, Oct 11 (Reuters) - Vietnam's economy is expected to grow 8% this year, beating an official target for an expansion of 6.0%-6.5%, the government said on Tuesday. 21/10/2022 8:19 AM jack2 99 speedo continue to open more mini markets shud be around 200 new a year total shud be around 2200 good recurring biz income 11/12/2022 5:07 PM jack2 200 new 99 SP a year, in five years 2026, 3,000 mini market 4,000 in 2031, 5,000 in 2036 99 SM will be the king in retail market 12/12/2022 8:49 AM Faiza jack, other Key clients apart from 99 Speedmart, are Aeon Big, Giant, 7-Eleven, Cold Storage, Guardian and Parkson Giant mini market, guardian and 7-11 are also expanding good recurring hardware and software biz 12/12/2022 9:51 AM jack2 bokai, are you sure? no mention of family mart and starbuck in annual report 13/12/2022 9:48 AM jack2 family mart hve good potential to expand rapidly, good products, very popular in taiwan 13/12/2022 9:49 AM jack2 previous players were weak, price cant sustained hope this round hve new players and new trend 05/02/2023 8:51 AM jack2 https://www.nst.com.my/business/2023/01/870617/farm-fresh-open-jom-cha-outlet-aeon-bigs-wangsa-maju 05/02/2023 9:58 AM jack2 KUALA LUMPUR: Farm Fresh Bhd has entered into a strategic partnership with AEON Big (M) Sdn Bhd to open a new Jom Cha outlet in the retailer's Wangsa Maju store in Kuala Lumpur. The Jom Cha brand debuted in August 2022, and the collaboration with AEON BiG is in accordance with the company's plan to swiftly expand nationwide over the next three years. The New Straits Times reported last November that Farm Fresh wanted to open up to 300 Jomcha outlets nationally over the next three years through its wholly-owned beverage firm Farm Fresh Jomcha Sdn Bhd. This year, the company plans to invest RM8 million and open 25 stores. Next year, it will spend RM20 million to open 75 locations in shopping malls and integrated townships. 05/02/2023 9:59 AM jack2 KUALA LUMPUR (Feb 10): Lee Thiam Wah — the founder of retail chain 99 Speedmart — has emerged as the substantial shareholder of Alliance Bank Malaysia Bhd, with a 5.076% stake. A filing on Friday (Feb 10) shows that Lee’s company Global Success Network Sdn Bhd acquired 1.38 million shares or a 0.089% stake on the open market on Thursday (Feb 9), bumping his stake in the bank to 5.076%. Note that Lee is also the third-largest shareholder of Alliance Bank, after Vertical Theme Sdn Bhd (29.06%) and the Employees Provident Fund (EPF) (10.5%). 11/02/2023 5:16 PM jack2 LeeTW 99speedmart stake from news 1. Burger King 2. Alliance Bank 5.07% 3. Rgtech 15% 4. iFast (sg) 12/02/2023 6:09 AM Bokai The outcome of a quarter can be perceived as negative or positive based on individual interpretation. The market will ultimately determine the outcome, but it may be prudent to await the announcement of Budget 2023 in order to gain a more comprehensive understanding of market trends and the overall direction. 22/02/2023 10:33 PM jack2 KUALA LUMPUR (Feb 23): Hong Kong’s Dairy Farm International Ltd (DFI), which operates a chain of hypermarkets and supermarkets under the Giant, Mercato and Giant Mini brands, is exiting its grocery business in Malaysia, which has become increasingly competitive over the past few years, industry sources said. DFI, which operates the retail chain under GCH Retail (Malaysia) Sdn Bhd, is believed to have been sold for “at least a couple of billions [of] ringgit” to a group of Malaysians led by Datuk Andrew Lim Tatt Keong. Lim is the group executive chairman of KL Sogo and he also sits on the board of Penang-based Gama Supermarket & Departmental Store Sdn Bhd. 23/02/2023 2:14 PM jack2 Dairy Farm International remains fully committed to its retail business in Malaysia, sharpening its strategic focus on the fast-growing health and beauty business and will continue to wholly own and operate Guardian Health and Beauty stores. “The company has exciting plans over the next two years — continuing to refresh the Guardian store format and significantly expanding its store network (currently over 500 branches) 24/02/2023 8:07 AM jack2 LeeTW 99speedmart stake from news 1. Burger King 2. Alliance Bank 5.07% 3. Rgtech 15.77% 4. iFast (sg) <3% 5. J&C Pacific 17.73% 05/03/2023 4:41 PM  | |
