There are some good answers from the Chairman itself which gives IT dummies (OPMIs like me) a much better understanding of the business.
As for the question on the threat of cloud computing, the answer looks vague enough to suggest that cloud computing is a substitute and it is just waiting for the customers' behavior to change?
Minutes of the Annual General Meeting of the Company held at 18 Boon Lay Way, #04-110 Tradehub 21, Singapore 609966 on Friday, 21 April 2023 at 11.30 a.m
Question: Mr Y enquired if there is any advantage if the listed company is M.Tech instead of MultiChem.
Answer Mdm Han Juat Hoon shared there is sentimental value in the Multi-Chem name for the listed entity. In view of the business environment, it is important to improve business.
https://links.sgx.com/FileOpen/Multi-Che...eID=758865
As for the question on the threat of cloud computing, the answer looks vague enough to suggest that cloud computing is a substitute and it is just waiting for the customers' behavior to change?
Minutes of the Annual General Meeting of the Company held at 18 Boon Lay Way, #04-110 Tradehub 21, Singapore 609966 on Friday, 21 April 2023 at 11.30 a.m
Question: Mr Y enquired if there is any advantage if the listed company is M.Tech instead of MultiChem.
Answer Mdm Han Juat Hoon shared there is sentimental value in the Multi-Chem name for the listed entity. In view of the business environment, it is important to improve business.
https://links.sgx.com/FileOpen/Multi-Che...eID=758865