NetX Holdings emerges as most active counter

PETALING JAYA: NetX Holdings Bhd emerged as the most actively traded counter at mid-morning today, with 102.47 million shares changing hands despite no major announcements made in the recent weeks.
At 11.13am, the stock stayed flat at 4.5 sen, bringing its market capitalisation to RM72.15 million.
The most recent announcement was on Dec 5 on its 60%-owned subsidiary, PayAllZ Sdn Bhd (PSB), signing of a deal with PayAllZ International Ltd (PIL) to provide technological and software support for PIL's supply of an e-money payment platform to a Cambodian bank.
NetX said PSB and Hong Kong-based PIL signed a six-year agreement which can be renewed every five years.
PSB provides an e-wallet platform and service under the name of 'AllZ Wallet' for merchants to accept multiple payment channels.