What would be the actions that will be taken to increase the share price of MBSB post-merger, and what will be thedividend payout ratio policy will be undertaken by MBSB?

ANSWER:
Our share price is expected to improve as our financial performance improves, subject to market forces and sentiments. MBSB has in place a dividend policy to pay a minimum 30% dividend on profit after tax

Page 17
https://mbsb.listedcompany.com/misc/EGM_minute_meeting_2023.pdf

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Currently Titijaya work closely with 3 China Mega Company

CREC - who currently is the main con for 3rdnveneu project in Jalan Ampang ( Behind Gleneagles Hospital )

If Sinopharm wanted to build the medical related product hub ( one of it is Vaccine ?). Most probably CREC or Sinomach will be appointed as main con.

Sinopharm & CREC can work closely ( i guess ) coz both should not have any communication problems in term of language and culture. Since both are China company

May be this is the main reason Sinopharm work with Titijaya coz he had many land bank ( in Klang ? ) and work with CREC currently for 2 project ( KL & Sabah )

https://themalaysianreserve.com/2017/04/03/titijaya-crec-to-develop-rm2-1b-jalan-ampang-project/

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https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3079022

Reference is made to the Company’s announcement made on 12 August 2020 and the query letter of Bursa Securities dated 13 August 2020 pertaining to the Agreement.

The Board of TITIJAYA wishes to clarify that any importation and exportation of personal protective equipment (PPE) to and from Sinopharm Medical Equipment Quanzhou Co. Ltd. ("Sinopharm") shall meet all authority and license requirements.

As per the Strategic Collaboration Agreement between Sinopharm and TMSB dated 28 April 2020, each party shall comply to the requirements of each country.

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bought some at
@RM 0.50
@RM 0.60
@RM 0.65

average
@RM 0.5833

i am q to buy 0.655
hope can pick up some

congratulation to all supermax shareholder

switch from glove counter to here

Congratulation to those who buy earlier

Hope for lower price

Finally wake up today 0.295

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https://www.cbp.gov/trade/programs-administration/forced-labor/withhold-release-orders-and-findings?_ga=2.201292206.1292812904.1596287712-102437712.1596287712#

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https://www.prolexus.com.my/prox-products-proxmask

prolexus mask

take a look

do you think consumer will choose this type of mask ?

Netx @ 0.01 now will goreng before consolidate
i will in 0.01 and out 0.02

suspended

Malaysia covid cases is less, will it be benefited ?

looking forward good news from this counter .

aiyo ... when engine start ?

Thanks Maxprofit

Thank maxprofit

Thanks maxprofit TA update

what is the intention pull down?

https://edition.cnn.com/2020/01/28/asia/wuhan-coronavirus-update-jan-29-intl-hnk/index.html

as long as new vaccine developed that can cure the disease then the true rebound will happen

Trading Volume For The Past 21 Days

02/12/2019 18,133,500
29/11/2019 7,346,100
28/11/2019 5,930,000
27/11/2019 2,625,300
26/11/2019 1,868,500 <== quarters report release
25/11/2019 3,064,100
22/11/2019 2,198,100
21/11/2019 120,000
20/11/2019 370,000
19/11/2019 250,000
18/11/2019 135,000
15/11/2019 104,500
14/11/2019 210,000
13/11/2019 100
12/11/2019 14,000
11/11/2019 0
08/11/2019 600,000
07/11/2019 0
06/11/2019 200,000
05/11/2019 30,000
04/11/2019 490,000

today dapat gaji. will q to buy another 1000 lot@ RM 0.03 = RM 3k.

OVER the last two years, Perak-based poultry company DBE Gurney Resources Bhd has been slowly transformed into a property developer.

Founded by the Ding family, the company charged onto the real estate scene in February last year, three months after Doh Properties Holdings Sdn Bhd surfaced as its major shareholder.

Doh Properties is the vehicle of the Doh brothers — Datuk Doh Jee Chai, Datuk Marcus Doh Tee Leong and Datuk Jimmy Doh Jee Ming — who are the sons of Datuk Doh Neng Chiong, a prominent Sitiawan businessman.

The Doh family, well known among Sitiawan folk, has played a major role in shaping and developing the property sector there.

When they emerged in DBE Gurney, speculation was rife that the Doh brothers were mounting a hostile takeover of the poultry company and that they would oust the Ding family.

DBE Gurney was also rumoured to be looking to hive off its traditional poultry business back to the Ding family as the Dohs intended to transform the listed vehicle into a pure property play.

When contacted by The Edge February last year, group managing director Datuk Alex Ding Seng Huat dismissed the speculation, saying that his family did not have plans to exit DBE Gurney or to buy back the poultry business.

But as the saying goes, what was meant to happen will happen. Or at the very least, the beginnings are already apparent.

Last month, it was announced that Alex would buy a 51% controlling stake in six wholly-owned subsidiaries of DBE Gurney for a combined RM32.58 million cash.

These business units, namely DBE Poultry Sdn Bhd, DBE Breeding Sdn Bhd, DBE Hatchery Sdn Bhd, DBE Marketing Sdn Bhd, DBE Food Processing Industries Sdn Bhd and DBE Gurney Chicken Sdn Bhd, are essentially the group’s poultry businesses.

Interestingly, Alex has granted a put option to DBE Gurney to sell all or part of the remaining 49% stake in the six companies at a total exercise price of up to RM9.8 million. Likewise, DBE Gurney has also granted a call option to Alex to acquire all or part of the option shares at the exercise price.

In other words, if the put option or call option is fully exercised, DBE Gurney will no longer be involved in the poultry business.

So, what’s next for DBE Gurney?

Easing the burden

Alex acknowledges that DBE Gurney will be focusing more on the property business, which is currently spearheaded by the Doh family.

“I will be buying back the poultry business, and if everything goes well, the listed entity will become a pure property company,” he tells The Edge over the phone.

For perspective, DBE Gurney’s poultry division is still bleeding red ink, whereas its property division is profit-making.

While the poultry business remains the main revenue contributor, it suffered a loss before tax of RM42.57 million in the financial year ended Dec 31, 2018 (FY2018).

In comparison, its property development division reported a profit before tax of RM4.52 million.

At the group level, DBE Gurney registered a net loss of RM27.8 million on revenue of RM108.23 million last year.

“Since our property division is doing well, why don’t we get the listed company to focus more on that?” says Alex.

“Poultry business is quite challenging, so DBE Gurney intends to offload half of its shares [in poultry subsidiaries] back to my family. By doing that, we can ease the burden of the listed entity. We don’t want the poultry business to drag the group’s performance.”

He says DBE Gurney’s poultry business faces challenges such as rising production costs and higher commodity prices. As such, he believes the group should sell it while there is value. “The listed company will still retain a 49% stake in the poultry subsidiaries, but it might be disposed of at a later stage. Eventually, the listed entity will be a pure property firm. Ideally, that’s our plan.”

It is worth noting that the RM32.58 million consideration comprises a disposal consideration of RM10.2 million and settlement of RM22.38 million owing from DBE Poultry to DBE Gurney.

The group is expected to record a pro forma gain of RM457,070, arising from the proposed disposal.

‘All shareholders could benefit’

It is noteworthy that DBE stands for Ding Brothers Enterprise, a company founded by its former chairman Datuk Ding Chong Chow and his brother Ding Choon Yung in 1986.

The emergence of Doh Properties at DBE Gurney has diluted the shareholding of the Ding family, whose members, including Alex — Choon Yung’s son — have since ceased to be substantial shareholders.

Despite ongoing speculation that the Ding family was “ambushed” by the Doh family and a Singaporean fund, Alex insists that the takeover was never hostile.


https://www.theedgemarkets.com/article/dbe-gurneys-behindthescenes-transformation-property-company

The National Fiberisation and Connectivity Plan (NFCP) 2019-2023
Introduction

The National Fiberisation and Connectivity Plan (NFCP) was formulated in response to the nation’s desire to improve broadband quality and coverage, reduce broadband prices and provide Internet access across all spectrums of society.

The communications infrastructure, in particular fibre network, is needed to support the digital economy agenda enabling all Malaysians to harness opportunities offered by the latest technologies and innovations.

The NFCP provides the strategic direction for the implementation of policies and initiatives whilst creating an ecosystem to facilitate adoption of future technologies.

Addresses issues that hinder the availability of high-quality and affordable digital connectivity.
Supports the needs of the country moving forward while harnessing opportunities offered by these new services/technologies.
Provides clarity in terms of strategic directions for initiatives to support the digital economy and the adoption of future technology.
The time frame for the implementation of NFCP is 5 years (2019 – 2023)

https://www.malaysia.gov.my/portal/content/30736

-A+A
KUALA LUMPUR (Oct 2): Datuk Ding Seng Huat, the group managing director (MD) of D.B.E. Gurney Resources Bhd, is buying a 51% controlling stake in six wholly-owned subsidiaries of DBE for a combined RM32.58 million cash.

The units are D.B.E. Poultry Sdn Bhd, D.B.E. Breeding Sdn Bhd, D.B.E. Hatchery Sdn Bhd, D.B.E. Marketing Sdn Bhd, D.B.E. Food Processing Industries Sdn Bhd and D.B.E. Gurney Chicken Sdn Bhd.

The RM32.58 million consideration comprises a disposal consideration of RM10.2 million and settlement of RM22.38 million owing from DBE Poultry to DBE. DBE said the group is expected to record a proforma gain of RM457,070, arising from the proposed disposal.

The proposed disposal is deemed a related party transaction as Ding is the group MD and shareholder of DBE, with a 4.89% stake as at April 1, 2019.

In a bourse filing today, DBE said the board, however, has been notified of Ding's intention to relinquish his position as the group
MD upon completion of the proposed disposal to focus his efforts on managing the business activities of the six companies, moving forward.

The group has today entered into a conditional share sale agreement (SSA) with Ding for the proposed disposal.

Under the SSA, Ding has granted a put option to DBE to sell all or part of the remaining 49% stake in the six companies at a total exercise price of up to RM9.8 million. DBE has also granted a call option to Ding to acquire all or part of the option shares at the exercise price.

"If the put option and/or call option are fully exercised, DBE will no longer be involved in poultry-related businesses," DBE said.

Upon completion of the proposed disposal, the six companies will cease to be DBE’s subsidiaries and will become 49%-owned associates.

The six companies are currently dormant and were previously involved in poultry-related businesses which includes poultry breeding, hatchery, processing and sale of chickens and other food stuff, trading of related poultry farm products and operation of food and beverage outlets. As at Dec 31, 2018, the companies were in net liability position, solely due to impairment of its receivables from DBE Poultry of RM13.32 million provided during the year.

DBE intends to use RM22,000 or 67.53% of the RM32.58 million proceeds received from the proposed disposal for property development activities, and RM10,000 or 30.68% for working capital.

Meanwhile, revenue from its poultry segment has decreased in the past five years and the group has continued to record losses for the past 10 years except for the financial year ended Dec 31, 2016 (FY16), DBE noted.

In contrast to the poultry segment, the property development segment has been the sole profit contributor to the group, contributing a pre-tax profit of RM4.52 million for FY18 and RM4.39 million for the six months ended June 30, 2019.

Thus, the offer by Ding to acquire a stake in the poultry business of DBE is seen as an opportunity for the group to exit from its loss-making poultry business, stemming further potential losses to the group, as well as to refocus its resources to expand its property development business, DBE said.

Nevertheless, the proposed disposal is subject to approvals from shareholders at an extraordinary general meeting to be convened.

AmInvestment Bank Bhd has been appointed as the principal adviser for the proposed exercise, which is expected to be completed by the fourth quarter of the year.

DBE shares closed unchanged at 3 sen today with 100,000 shares done, bringing a market capitalisation of RM80.35 million.


https://www.theedgemarkets.com/article/dbe-gurney-group-md-buy-controlling-stake-six-units

[MLAB] Change In Substantial Shareholder's Shareholding - FIRST UNITED TECHNOLOGY LIMITED on 19-Nov-2019
Direct (units) 115,200,000
Direct (%) 17.18
Indirect (units) 0
Indirect (%) 0.00
Total (units) 115,200,000
Total (%) 17.18
Date of Notice 19-Nov-2019
https://klse.i3investor.com/insider/substantialShareholder/0085/19-Nov-2019/472277_3190449731.jsp


First United Technology Limited, a 90% owned subsidiary of NetX Holdings Berhad
https://klse.i3investor.com/insider/substantialShareholder/0085/29-Jun-2018/432422_2517870182.jsp

Hi All, sudden high volume transacted . any idea ?

15/11/2019 0.01 0.01 - 0.01 0.01 0.00 (0.00%) 10,763,000

Hi all, DBE quarter report expected next week out. I top up another RM 0.03 x 1000 lot few days ago. All the best and good luck !

thanks Calvin & Sales, i also q to buy 0.015 too.

Hi Calvin, i bought netx 0.02 x 2500 lot = RM 5k .. ahahah

when is Ding family back door listing?