can you please update the source of that information?
From what I can read in this post (after google translation..) it is:
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LEARNING MANAGEMENT SYSTEM LTD NEXBIS NEXBIS LTD RM RM 3,813,120.00
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Approx $1.18M
This is for LMS and not part of anticipated biometric contract?!
If this is true that it is nice news but
A- they will need much more than that.
B - unless share holders see the "receivables in the bank" it can still remain a revenue to be written off later.
C- none of that means too much unless the company communicate it.
Lets hope they learned from past mistakes!
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