Palette Multimedia Bhd (Bursa)

Company Profile

The Palette Group of companies was founded in 1997.   Company information can be found below:
Palette Multimedia company website

Palette is a leading solution provider of broadband, wireless and networking products and services. Palette is the leading technology provider of the latest generation of Network Access Control and Management (NACM) system for LAN and WLAN in the enterprise environment and the provider of Subscriber Management Systems to ISP, telco, and network operators in the public network environment.

The Professional Services and Consulting Unit of the Company provides technical services to our customers such as telco, ISP, broadband operators, hotel operators, property developers, enterprises and wireless hotspot operators with design, development, implementation, network management and business analysis of the technology and network.

More recently, the company has launched a new growth pillar in medical services. he company’s new growth pillar - a new revenue stream via its digital mobile healthcare system called the i-Medic system.   Palette has been investing in building this system since 2013, and the fruits are now showing; to be precise, it will contribute in the next quarter onwards.

This is mainly because the i-Medic system has its maiden contract valued at US$500,000 (RM2mil) from Griffin International Pte Ltd for its mobile healthcare business.  Under the deal, Griffin has the exclusive rights to market the subscription of the i-medicTM (which is Palette’s mobile healthcare system) to doctors, clinics and hospitals in Chengdu, China, and also to market the healthcare management packages to patients globally. the i-Medic

See press release:
Changes at Palette Multimedia (The Star 2 April 2016)


Trades last week (11 April 2016)
1.   Bought Palette at 6.5 sen (holding for more upside)
2.   Bought Palette at 7.5 sen (contra-ed off at 9.5 cents on 18 April 2016 - 26.6% return)