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REDTone surfaced as a substantial shareholder in HeiTech Padu on Aug 24, with 5.08% equity interest, and has since upped its shareholding to 6.38%.
Other substantial shareholders of HeiTech Padu are Rosetta Partners Sdn Bhd (with a 15.9% stake), MyEG Services (15.89%) and Padujade Corp Sdn Bhd (14.16%). Rosetta Partners is the vehicle of the Sultan of Kelantan, Sultan Muhammad V; and Padujade Corp is the flagship of Heitech Padu founder and executive deputy chairman Datuk Seri Mohd Hilmey Mohd Taib. Meanwhile, publicly traded MyEG Services is almost 30%-controlled by businessman Wong Thean Soon.
Businessman Datuk Farhash Wafa Salvador, a former political secretary of Prime Minister Datuk Seri Anwar Ibrahim, ceased to be a shareholder of Rosetta Partners on April 18 this year, about a month after the company surfaced in HeiTech Padu.
ACCEPTANCE ON THE LETTER OF AWARD (“LOA”) FOR PERKHIDMATAN MENGKAJI,
MENCADANG, MEREKA BENTUK, MEMBANGUN, MEMBEKAL, MENGHANTAR,
MEMASANG, MENGUJI, MENGINTEGRASI, MEMIGRASI DAN MENSINKRONISASI DATA,
MENTAULIAH SERTA MELAKSANAKAN PENGURUSAN PERUBAHAN DAN LATIHAN BAGI
PROJEK SISTEM IMIGRESEN BERSEPADU NASIONAL (“NIISe”) UNTUK JABATAN
IMIGRESEN MALAYSIA.