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Hot Stock IFCA’s share price rises 12.6% on GST job prospect
by Cals Thu 08 Jan 2015, 21:35
Hot Stock
IFCA’s share price rises 12.6% on GST job prospect
KUALA LUMPUR (Jan 8): As the share price of e-government services provider MyEG Services Bhd ([You must be registered and logged in to see this image.] Financial Dashboard) hit record high, IT outfit IFCA MSC Bhd ([You must be registered and logged in to see this image.] Financial Dashboard) also saw its shares gaining interests, having risen 9 sen or 12.6% to 80.5 sen as at 4:22pm today, with 29.5 million shares traded.
In a filing to Bursa Malaysia on Dec 30, 2014, IFCA said its former chief financial officer Chow Chee Keng had been redesignated to "head a new business unit in training education services of the company".
While IFCA did not elaborate on the new business unit, it said Chow has extensive experience in financial management, group accounting, taxation, treasury management, corporate planning and notably “GST training”.
Analysts have described IFCA as one of the major beneficiaries of GST-related implementation and consultation works.
In an earlier report, CIMB Investment Bank described IFCA as the country’s dominant software solutions provider for the property sector, with more than 70% market share. Its software is for property development, property management, clubs and hotels.
IFCA’s share price rises 12.6% on GST job prospect
KUALA LUMPUR (Jan 8): As the share price of e-government services provider MyEG Services Bhd ([You must be registered and logged in to see this image.] Financial Dashboard) hit record high, IT outfit IFCA MSC Bhd ([You must be registered and logged in to see this image.] Financial Dashboard) also saw its shares gaining interests, having risen 9 sen or 12.6% to 80.5 sen as at 4:22pm today, with 29.5 million shares traded.
In a filing to Bursa Malaysia on Dec 30, 2014, IFCA said its former chief financial officer Chow Chee Keng had been redesignated to "head a new business unit in training education services of the company".
While IFCA did not elaborate on the new business unit, it said Chow has extensive experience in financial management, group accounting, taxation, treasury management, corporate planning and notably “GST training”.
Analysts have described IFCA as one of the major beneficiaries of GST-related implementation and consultation works.
In an earlier report, CIMB Investment Bank described IFCA as the country’s dominant software solutions provider for the property sector, with more than 70% market share. Its software is for property development, property management, clubs and hotels.
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