External broker reports(aggregated public sources), Topline Securities

Topline Securities

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External broker reports(aggregated public sources)

Event-Driven

<ul><li>Systems Limited (SYS) held its corporate briefing session to discuss the recent acquisitions and future outlook.</li><li>SYS recently announced the acquisition of Confiz Limited, one of Pakistan���s top 3 IT companies, with a strong specialization in retail and CPG segments.</li><li>SYS has acquired this company through a 100% share swap arrangement, as per which, Systems' shareholders will be diluted by 3.8-4.0% and revenue contribution from this new business will be roughly around 10% of the current business, according to management.</li></ul>

Systems Limited (SYS) held its corporate briefing session to discuss the recent acquisitions and future outlook.SYS recently announced the acquisition of Confiz Limited, one of Pakistan���s top 3 IT companies, with a strong specialization in retail and CPG segments.SYS has acquired this company through a 100% share swap arrangement, as per which, Systems' shareholders will be diluted by 3.8-4.0% and revenue contribution from this new business will be roughly around 10% of the current business, according to management.

Confidence Intelligence Holdings Limited (1967 HK)

Topline Flash Note: Systems Limited (SYS): Corporate Briefing Key Takeaways