RGTECH - The gem that miss out from E-invoice theme
Backgroud: RGTECH is engaged in providing retail technology solutions including retail hardware, retail software, as well as maintenance and technical support services. Catalyst: 1. Recently, there are few software / digital solutions related com panies released their impressive QR such as: PANDA achieved QoQ 1403.1% improvement IFCAMSC achieved QoQ 168.6% & YoY 522.4% improvement AGMO acheived QoQ 109.1% & YoY 325.4% improvement 2. RGTECH has s imilar business with PANDA which provide retail management. RGTECH ’s clients are Parkson Holdings Bhd, Guardian, 99 Speedmart, 7-Eleven Inc and Aeon (M) Sdn Bhd. 3. The founder of the 99 Speedmart retail chain, Lee Thiam Wah, has emerged as the third biggest shareholder in RGTECH with a 15.77% stake. 99 Speedmart targets to open on average 250 new outlets annually with an immediate target for around 3,000 outlets operating nationwide by end of 2025. The more 99 Speedmart expand, the more benefit to RGTECH. Moreover, 99 Speedmart ha