SaraInvestment

SaraInvestment | Joined since 2017-09-17

Investing Experience Advanced
Risk Profile High

sarainvestment.dgsb@gmail.com

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Stock

2019-07-05 12:32 | Report Abuse

sarachy_investor but why so much ppl sell


Investors still unclear about their new direction of business, Food Technology.

Disposal of ISS Thailand which contributed lots of revenue and profits may destroy their confidence, just wait for their announcements on their new business then you'll know what's going to happen soon.

Referring to the 8% of special dividends to be announced within 9 months, obviously the BOD advice investors to stay for long term in this counter.

Happy investing in DGSB

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2019-07-04 22:45 | Report Abuse

(吉隆坡4日讯)电脑软件与硬件咨询公司Diversified Gateway Solutions Bhd(DGSB)以2亿3643万泰铢(约3203万令吉)现金脱售ISS Consulting(泰国)有限公司的全部股权。
该公司宣布将把部分收益用来派发每股0.8仙的特别股息。
DGSB向大马交易所报备,该公司今日与itelligence AG签署了售股协议。
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ISS的主要业务是提供电脑软件方案的咨询。
DGSB指出,脱售计划为公司提供释放和实现海外公司的投资价值,尤其是泰铢走强的情况下,将外汇投资和收益带回大马,进一步投资在本地的现有业务。
“一旦完成脱售,DGSB将继续在大马提供数字媒体和基础设施服务,并发展食品技术和制造业务。”
该公司称,3203万令吉的收益,将充作资本开销和营运资本,以扩大食品技术和制造业务、支付奖掖、偿还银行贷款,以及派发特别股息。
这项计划预计在第三季完成。
配合这项宣布,该股从中午12时14分起暂停交易,最后平盘挂于11仙,市值为8203万令吉。

Stock

2019-07-04 15:11 | Report Abuse

配合重大宣布 DGSB暂停交易

(吉隆坡4日讯)配合一项重大宣布,Diversified Gateway Solutions Bhd(DGSB)暂停交易。

根据今日向大马交易所的报备,DGSB表示,要求从中午12时14分起暂停交易,以等待一项宣布。

该公司指出,马交所已批准其从2时30分至5时暂停交易的申请。


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该股最后挂11仙,无起落,成交量有1472万6700股,市值为8203万令吉。

Stock

2019-07-04 15:09 | Report Abuse

The Board of Directors of DGSB wishes to announce that Bursa Malaysia Securities Berhad ("Bursa Securities") has approved the request for suspension in the trading of DGSB’s shares from 2.30 p.m. to 5.00 p.m. on Thursday, 4 July 2019 pending the release of a material announcement.



The request for suspension is made under subparagraph 3.1(a)(iii) of Guidance Note 12 on Requests for Suspension of the ACE Market Listing Requirements of Bursa Securities.



This announcement is dated 4 July 2019.

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2019-07-04 11:54 | Report Abuse

mancingbursa ...
Finally
Thank Sara muak
Muak
Moak

:)

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2019-07-04 11:54 | Report Abuse

cendolpulut wooww.. sara is coming back.. hahaha

always here

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2019-07-03 16:32 | Report Abuse

Only believers will be rewarded in the end.........

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2019-07-03 16:06 | Report Abuse

HOLD TIGHT, MORE TO COME

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2019-07-03 10:14 | Report Abuse

doreami Thanks Sara

Cheers

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2019-07-02 12:10 | Report Abuse

doreami Thanks Sara. Actually.. i don't really understand bout the news. lol

Welcome, I think this is more to INSAS instead of DGSB

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2019-07-02 11:37 | Report Abuse

THE controlling shareholders of Insas Bhd, Datuk Seri Thong Kok Khee and his brother Datuk Thong Kok Yun, are said to be mulling seeking a waiver from making a general offer for the company if they decide to convert the company’s warrants in February next year.

The “if” comes about as the warrants issued in end-February 2015 are out of the money, trading at 3.5 sen, while the strike price to convert the warrant to a share when it expires on Feb 25 next year is RM1.

Insas’ mother share, however, closed last Friday at 72 sen, a 28% discount from the warrant’s strike price, which makes it more meaningful to buy direct into the mother share as opposed to buying the warrant and converting it.

“I do not think any of the warrant holders will convert,” one warrant holder says.

Insas’ October 2014 circular to shareholders says that should Kok Khee and any of his related parties, “exercise their warrants such that their shareholdings in Insas increase to more than 33%, whether on an individual basis, Datuk Thong Kok Khee and/or any of his related parties is obliged … to undertake a mandatory offer for all the remaining Insas shares not already held by them after the exercise of the warrants”.

Kok Khee has a 25.05% stake in Insas and his brother Kok Yun controls 11.19%. Another 18.77% is held by M&A Investments International Ltd, which, according to Insas’ 2018 annual report, is linked to Kok Khee. This would mean that the brothers have about 55% equity interest in Insas at present. Meanwhile, Kok Khee has 31.45%, or 83.41 million, of the warrants while Kok Yun has 31.74 million, or 11.97%.

If Kok Khee and Kok Yun pay RM115.15 million to convert their warrants and, assuming that none of the warrant holders convert, they would control 61.66% of Insas.

To put things in perspective, over the last 10 years, Insas has traded above RM1 for only a few months in 2014 and a brief period in 2017.

Insas’ warrants came about in July 2014, when it issued 138.7 million preference shares at an issue price of RM1 a preference share, on a basis of one preference share and two warrants for five shares held. In a nutshell, Insas was looking to raise RM138.7 million, largely for M&A Securities.

Checks on Bloomberg reveal that there are 265.2 million warrants still trading and 132.6 million preference shares have yet to be redeemed. But it is not that Insas needs the warrants to be converted to raise funds to redeem the preference shares.

For its nine months ended March this year, Insas registered a net profit of RM63.91 million on RM133.96 million in revenue.

While its share price is languishing at 72 sen, the company’s net asset per share as at end-March was RM2.59.

A few months ago, Kok Khee is said to have told a group of friends, “Insas is the most undervalued company on Bursa Malaysia”.

As at end-March this year, Insas was in a net cash position and had deposits with licensed banks and financial institutions amounting to RM553.68 million and cash and bank balances of RM114.63 million. On the other side of the balance sheet, Insas had short-term debt commitments of RM309.83 million and long-term borrowings of RM20.48 million.

Considering Insas’ share base is 663.01 million shares, this means that Insas has net cash of 54 sen per share.

It is also interesting to note that Insas is diversified, having stakes in stockbroking company M&A Securities Sdn Bhd, property development held under Insas Properties Sdn Bhd, car rentals under Insas Pacific Rent-A-Car Sdn Bhd, 43% in the fashion retailer Melium group and Dome Café in its stable of companies. Also under Insas is moneylending and project financing outfit Insas Credit & Leasing Sdn Bhd, just to name a few of its businesses.

Its shareholdings in listed companies include 19.1% in semiconductor manufacturer Inari Amertron Bhd. Inari at its close of RM1.59 last Friday had a market capitalisation of RM5.05 billion. Thus, Insas’ stake in Inari is worth RM964.55 million, which is more than double Insas’ market capitalisation of RM477.4 million as at last Friday’s close.

Other companies Insas has stakes in include 10.18% in software outfit Omesti Bhd, which closed at 40.5 sen last Friday for a market capitalisation of RM193.7 million, 7.98% in furniture company SYF Resources Bhd — which ended trading last Friday at 20 sen, translating into a market value of RM119.1 million — and 25.48% in computer software and hardware consulting company Diversified Gateway Solutions Bhd, which finished Friday at eight sen, valuing it at RM59.7 million.

Omesti, meanwhile, has a 5.65% stake, or 42.14 million shares, in Diversified Gateway Solutions, 61.53% in software company Microlink Solutions Bhd and 13.29% in construction player Ho Hup Construction Co Bhd.

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2019-07-02 11:36 | Report Abuse

doreami Anyone has read the latest news bout insas ctrling shareholders may seek a waiver?


THE controlling shareholders of Insas Bhd, Datuk Seri Thong Kok Khee and his brother Datuk Thong Kok Yun, are said to be mulling seeking a waiver from making a general offer for the company if they decide to convert the company’s warrants in February next year.

The “if” comes about as the warrants issued in end-February 2015 are out of the money, trading at 3.5 sen, while the strike price to convert the warrant to a share when it expires on Feb 25 next year is RM1.

Insas’ mother share, however, closed last Friday at 72 sen, a 28% discount from the warrant’s strike price, which makes it more meaningful to buy direct into the mother share as opposed to buying the warrant and converting it.

“I do not think any of the warrant holders will convert,” one warrant holder says.

Insas’ October 2014 circular to shareholders says that should Kok Khee and any of his related parties, “exercise their warrants such that their shareholdings in Insas increase to more than 33%, whether on an individual basis, Datuk Thong Kok Khee and/or any of his related parties is obliged … to undertake a mandatory offer for all the remaining Insas shares not already held by them after the exercise of the warrants”.

Kok Khee has a 25.05% stake in Insas and his brother Kok Yun controls 11.19%. Another 18.77% is held by M&A Investments International Ltd, which, according to Insas’ 2018 annual report, is linked to Kok Khee. This would mean that the brothers have about 55% equity interest in Insas at present. Meanwhile, Kok Khee has 31.45%, or 83.41 million, of the warrants while Kok Yun has 31.74 million, or 11.97%.

If Kok Khee and Kok Yun pay RM115.15 million to convert their warrants and, assuming that none of the warrant holders convert, they would control 61.66% of Insas.

To put things in perspective, over the last 10 years, Insas has traded above RM1 for only a few months in 2014 and a brief period in 2017.

Insas’ warrants came about in July 2014, when it issued 138.7 million preference shares at an issue price of RM1 a preference share, on a basis of one preference share and two warrants for five shares held. In a nutshell, Insas was looking to raise RM138.7 million, largely for M&A Securities.

Checks on Bloomberg reveal that there are 265.2 million warrants still trading and 132.6 million preference shares have yet to be redeemed. But it is not that Insas needs the warrants to be converted to raise funds to redeem the preference shares.

For its nine months ended March this year, Insas registered a net profit of RM63.91 million on RM133.96 million in revenue.

While its share price is languishing at 72 sen, the company’s net asset per share as at end-March was RM2.59.

A few months ago, Kok Khee is said to have told a group of friends, “Insas is the most undervalued company on Bursa Malaysia”.

As at end-March this year, Insas was in a net cash position and had deposits with licensed banks and financial institutions amounting to RM553.68 million and cash and bank balances of RM114.63 million. On the other side of the balance sheet, Insas had short-term debt commitments of RM309.83 million and long-term borrowings of RM20.48 million.

Considering Insas’ share base is 663.01 million shares, this means that Insas has net cash of 54 sen per share.

It is also interesting to note that Insas is diversified, having stakes in stockbroking company M&A Securities Sdn Bhd, property development held under Insas Properties Sdn Bhd, car rentals under Insas Pacific Rent-A-Car Sdn Bhd, 43% in the fashion retailer Melium group and Dome Café in its stable of companies. Also under Insas is moneylending and project financing outfit Insas Credit & Leasing Sdn Bhd, just to name a few of its businesses.

Its shareholdings in listed companies include 19.1% in semiconductor manufacturer Inari Amertron Bhd. Inari at its close of RM1.59 last Friday had a market capitalisation of RM5.05 billion. Thus, Insas’ stake in Inari is worth RM964.55 million, which is more than double Insas’ market capitalisation of RM477.4 million as at last Friday’s close.

Other companies Insas has stakes in include 10.18% in software outfit Omesti Bhd, which closed at 40.5 sen last Friday for a market capitalisation of RM193.7 million, 7.98% in furniture company SYF Resources Bhd — which ended trading last Friday at 20 sen, translating into a market value of RM119.1 million — and 25.48% in computer software and hardware consulting company Diversified Gateway Solutions Bhd, which finished Friday at eight sen, valuing it at RM59.7 million.

Omesti, meanwhile, has a 5.65% stake, or 42.14 million shares, in Diversified Gateway Solutions, 61.53% in software company Microlink Solutions Bhd and 13.29% in construction player Ho Hup Construction Co Bhd.

Stock

2019-07-01 15:29 | Report Abuse

INFORMATION ON QBI

QBI was incorporated in Malaysia on 28 March 2006 under the Companies Act, 1965. It is principally involved in the food and contract manufacturing. As at 27 June 2019, being the latest practicable date preceding the date of this announcement (“LPD”), the issued share capital of QBI is RM200,000 comprising 200,000 ordinary shares.

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2019-07-01 15:27 | Report Abuse

The Board of Directors of DGSB wishes to announce that on 28 June 2019, DGSB has entered into a share sale agreement with Chong Kuet Yoon @ Chong Kok Hoong for the purchase of 100,000 ordinary shares in QBI (“QBI Shares”), equivalent to 50.0% equity interest in QBI, for a total cash consideration of RM750,000 (“Acquisition of QBI”).

On the same day, DGSB had :-

(a) subscribed for 133,330 new ordinary shares at RM7.50 each in QBI, for a total cash consideration of RM999,975.00. (“Subscription of QBI Shares”)
(b) entered into a Shareholders Agreement with Chang Goh Hoo to regulate the conducts, rights and obligations of the parties as shareholders of QBI.
(Collectively referred to the “Proposals”)
DGSB will hold 70.0% equity interest in QBI after the completion of the Proposals.

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2019-06-12 11:56 | Report Abuse

Those who bought before consolidated and can't wait just sell your tickets to me now, if you don't mind to regret later. Thanks!!

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2019-06-06 09:36 | Report Abuse

Sslee Dear all,
INSAS Business model is as follow:
Revenue generating wholly own or subsidiary companies namely:
1. M&A Securities Sdn Bhd: Effective equity 100%
2. Insas credit & Leasing Sdn Bhd: Effective equity 100%
3. Insas Pacific Rent-A-Car Sdn Bhd: Effective equity 79.5%
4. Roset Limousine Services PTE.ltd: Effective equity 79.5%
5. Tribecar Pte.LTD: Effective equity 63.2%
6. Investment holding and trading in quoted security, currency, derivative, property, service, wine, IT, telecommunication products and etc
Car rental is in very competitive industries with little growth opportunity
M&A Securities Sdn Bhd stock broking and corporate finance advisory in promoting SME companies to list on the ACE and LEAP Market. Less and less broking fees earned nowadays due to many people invest like Philip rather like quack traders with “Sailing” and margin anyhow should remain profitable
Credit and leasing is only for VIP clients with collateral. Very profitable interest charge not more than 12% p.a.for secured loans and not more than 18% p.a.for unsecured loans.
Property investment the return on rental income is poor at current overbuild situation.
Investment holding will continue with its investment strategies to look out for value and growth stocks that generate recurring income and capital gain.

Hence what the management is trying to do is to invest in associate companies (Listed and unlisted) and using INSAS cash to growth these associate companies:
Example:
Inari: Very successful
Ho Hup: Improving
DGSB: Hopeful
Melium Holding (Diffusin fashions, Lifestyle, Dome café): Very challenging (With the aim of listing in Bursa)
Fintech and Biotech: Start up with cash burning, hopeful for a breakthrough.
Total failure: SYF and Omesti (Management control but classified as financial assets at fair value through profit or loss)

Thank you

Very detailed analysis

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2019-06-06 09:07 | Report Abuse

3101575000 INSAS new gem :Dgsb ???

Hold Tight

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2019-05-25 09:45 | Report Abuse

Inari and Insas results already out, next is DGSB

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2019-05-25 09:43 | Report Abuse

Good results

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2019-05-24 11:41 | Report Abuse

Ameera This counter don’t touch!!

Those who collect my tickets at 0.15 before consolidated definitely very sad now, especially those who already sold after consolidated.

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2019-05-10 10:29 | Report Abuse

INAR12 www.dgsbgroup.com

Their new website just updated about 2 weeks ago

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2019-05-10 10:28 | Report Abuse

Justinvestor I suport SaraInvestment. Please continue to comment here. I am with you.

Cheers

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2019-03-15 11:47 | Report Abuse

char1234 its a goreng counter for now...so be careful

Since when Insas become goreng counter?

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2019-03-15 11:44 | Report Abuse

Lolcakes Talk is cheap. We all know that IOT, cloud computing, industrial revolution 4.0 is coming. Most importantly is can DGSB secure all those contracts?

Lolcakes Ppl are gonna say there's a MOU with this company and that company. FYI MOU is a nonbinding agreement and it is usually at the very first stage in any formation of a formal contract. What happens if pricing and negotiation went wrong? And the MOU gets cancelled off?

I think management needs to show investors more assurance and visibility of future expansion plans

Everyone knows talk is cheap and I think most of the investors know what is MOU, to transform a company isn't as simple as talk, the BOD just stepped in about 1 year so don't expect they can transform DGSB in months.

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2019-03-02 13:57 | Report Abuse

(S = Qr) Philip SSELL,
Stop dancing around the rosebushes. Since you are such a master at numbers, just answer me these:

How much is numoni generating and earning? How much they bought it for?
How much is sengenics revenue and earnings? How much they bought it for?
What is management reasoning in buying dgsb with money generated from selling INARI shares? Dgsb just had bad quarter this year, should INSAS invest more into dgsb and be associate? What is the return of employed capital in buying DGSB?
What is management reasoning in selling INARI shares with it's consistent dividend every quarter? What purpose is there in killing their golden goose? What are they buying with that capital? is it a positive or negative return?

I am not teaching investors/attendees how to buy INSAS. I am sharing my knowledge on what is FA, TA, Business sense and intrinsic value and how to read Annual report. I am taking my responsibility seriously and using INSAS Annual report as teaching material because so many people include you do not understand what subsidiary companies and associated companies are? How revenue accounted from? What are other incomes? What are other operation expenses? What is a financial asset at fair value through profit or loss? What gain/loss on fair value changes of financial assets at fair value through profit or loss is? What do 19.3% holding on INARI mean? And finally why INSAS invest in subsidiary companies doing biotech, Fintech, IT services. Example DGSB( ISS Consulting, Digital Media , IT Technical & Maintenance, IT Managed Services ,Telco Infrastructure – where it provides a comprehensive suite of communications network solutions and related services and has formed long-term strategic partnerships with leading technology providers such as Ciena, Cisco, Huawei, Juniper and Extreme Networks to provide a rich portfolio of solutions to the end customers.

You know Insas very well, but do you know what's the next step going to happen in DGSB?

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2019-03-02 10:01 | Report Abuse

GEORGE TOWN – Perpustakaan Digital Pulau Pinang Fasa 2 (PDL Fasa 2) yang berkonsepkan ‘Perpustakaan di dalam Taman’ kini dibuka kepada umum.

Ketua Menteri, Y.A.B. Tuan Chow Kon Yeow berkata, Kerajaan Negeri membelanjakan RM10.8 juta bagi merealisasikan PDL Fasa 2.

“RM10.8 juta ini adalah untuk pemulihan dan transformasi rumah warisan, membina bangunan tambahan baru, restoran, kafe serta kawasan sekitarnya termasuk infrastruktur digital dan teknologi maklumat.

“Berkonsepkan ‘Perpustakaan di dalam Taman’, saya yakin pembangunan PDL Fasa 2 ini adalah selari dengan hasrat Kerajaan Negeri ke arah Penang2030 dengan memfokuskan tiga aspirasi utama iaitu keluarga (family), hijau (green) dan negeri pintar (smart state).

“Saya yakin bahawa gabungan serasi ruang maya dan persekitaran semula jadi ini dapat mentranformasikan pembelajaran sambil menggalakkan interaksi dan kolaborasi sosial.

“(Dan) segala kemudahan yang ada di sini juga memberikan manfaat kepada semua lapisan masyarakat sama ada kanak-kanak, warga tua, pelajar, profesional serta golongan istimewa,” ucapnya pada Majlis Perasmian Perpustakaan Digital Pulau Pinang Fasa 2 dekat Jalan Masjid Negeri di sini pagi ini.

Turut berucap, Menteri Kewangan, Lim Guan Eng serta Timbalan Ketua Menteri II, Prof. Dr. P. Ramasamy yang juga Exco Perancangan Ekonomi Negeri, Pendidikan, Pembangunan Modal Insan dan Sains, Teknologi & Inovasi.

Menurut Kon Yeow, pembangunan PDL Fasa 2 adalah hasil perkongsian dan jalinan kerjasama antara pihak swasta dan kerajaan melalui konsep ‘Public, Private, People and Professional Partnership‘ atau 4P.

“Peneraju projek Perpustakaan Digital Pulau Pinang iaitu Perbadanan Ketua Menteri Pulau Pinang (CMI) telah bekerjasama dengan rakan-rakan program seperti Telebort, Talk Better, C-Artistic, GEC dan Excel NeuroLearning bagi mempelbagaikan program-program berasaskan ‘STEM Education’ semasa membangunkan PDL Fasa 1 dahulu.

“Kini, ia diperluaskan dengan pertambahan kandungan digital seperti bahasa Inggeris, keusahawanan dan kesenian menjadikan STEM dahulu dikenali sebagai ESTEEMA kini.

“(Dan) menerusi platform digital dan teknologi maklumat rekaan Keysight Technologies dalam Fasa 1 sebelum ini, kini satu lagi teknologi disediakan dalam pembangunan PDL Fasa 2 iaitu penyediaan lapan unit ‘smart pole‘ oleh DGB (Diversified Gateway Berhad) menggunakan teknologi Huawei.

“Unit-unit ‘smart pole‘ ini dilengkapi dengan sambungan wifi, liputan langsung CCTV, pencahayaan daripada ‘smart compound light’ serta papan tanda luaran skrin digital dan ‘environment sensing‘,” katanya yang juga menzahirkan penghargaan kepada semua pihak yang merealisasikan pembangunan PDL Fasa 2.

Ketika ditemui pada sidang media sejurus majlis perasmian, Kon Yeow memaklumkan bahawa waktu operasi bagi PDL Fasa 2 adalah dari 8 pagi sehingga 10 malam.

“Memandangkan PDL Fasa 1 telah beroperasi selama 24 jam, maka Kerajaan Negeri bersetuju dan meluluskan waktu operasi bagi PDL Fasa 2 adalah dari 8 pagi sampai 10 malam termasuk operasi kafe dan restoran.

“Selain PDL Fasa 1 dan Fasa 2 ini, masih ada dua lagi perpustakaan yang bakal dibangunkan iaitu Perpustakaan Digital Butterworth yang dijangka siap pada penghujung tahun ini dan Perpustakaan Digital Islam Pulau Pinang pada pertengahan tahun 2020 nanti,” jelasnya.

PDL Fasa 2 adalah terdiri daripada dua bangunan dua tingkat merangkumi ruang bacaan selesa di ‘Mansion Library‘ seluas 4,000 kaki persegi (kp); ruang pembelajaran dan diskusi serta zon kanak-kanak di ‘New Annexe‘ (10,000 kp); ruang makan dan kafe ‘Cabin in the Park‘ seluas 2,000 kp serta ruangan terbuka bagi kegiatan pembacaan dan pembelajaran rekreasi di ‘Wisdom Street’.

Selain itu, kedua-dua bangunan yang dianggarkan seluas 16,000 kp itu, mampu menampung sehingga 540 pengunjung pada satu-satu masa berbanding PDL Fasa 1, hanya 140 pengunjung.

Kemudahan lain seperti dewan serba guna yang fleksibel serta boleh memuatkan sehingga 200 orang turut disediakan dengan kadar sewaan sebagaimana diluluskan oleh Kerajaan Negeri.

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2019-02-25 14:57 | Report Abuse

(S = Qr) Philip he doesn't even know what is consolidation means. Just spout and never check properly. Insas pay 4.75 cent, after 2:1 consolidation become 9.5. but share price drop to 9 cents. Smart insas. Buy loss making company. you think can get 100% gain?

Stockraider, investing not for you. You think you got 250K to play play with a stock? Better go back borrow more money from your dad la.



I think stockraider knew about Insas bought over DGSB, he probably overlooked at the share consolidation 2:1. After consolidated 9.5s and now 9 is not too bad too.

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2019-02-20 11:45 | Report Abuse

By end of this month

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2019-02-20 10:37 | Report Abuse

From RF to LED :)

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2019-02-20 10:36 | Report Abuse

looking forward to 90s then back to their son DGSB

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2019-02-15 11:11 | Report Abuse

Insas is good with solid background.

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2019-02-13 14:39 | Report Abuse

Be patient, the fundamental of the company won't changed overnight. There must be reasons for these BOD stepped in, there must be plans by them or else they are going to burn their multi millions in this company as well.

It's been about a year already after they stepped in, and I believe soon we shall see how they are going to turnover this company and the time shouldn't be too long away from now.

Cheers

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2019-02-12 12:07 | Report Abuse

By SHAZNI ONG

Tenaga Nasional Bhd’s (TNB) wholly owned subsidiary TNB Energy Service Sdn Bhd (TNBES) through its unit, Maevi Sdn Bhd, has signed a memorandum of understanding (MoU) with three companies as strategic partners for energy management system and smart home projects.

In a statement last Friday, the power utility said the MoU will see Maevi cooperating with two property-linked companies — Protasco Bhd and Tan & Tan Developments Bhd — as well as software and engineering company Diversified Gateway Solutions Bhd (DGSB).

The MoU with Protasco is for the supply and installation service of Maevi smart homes for housing development projects, while the one with Tan & Tan is for establishing a smart partnership on the efficient management and supervision of IGB Bhd’s assets, it said.

On the MoU with DGSB, TNB said it is for the collaboration to explore the energy management market through a joint-distribution programme.

“The company continues to provide intelligent electricity consumption services to consumer premises in Malaysia with the latest one through the strategic cooperation with its subsidiary and the three Bursa Malaysia’s listed companies,” it said.

The MoU was signed between Maevi CEO Izham Ismail, Protasco ED Edward Khoo, Tan & Tan director Tan Yee Seng and DGSB ED Robin Lim.

The signing ceremony was witnessed by Deputy Entrepreneur Development Minister Datuk Dr Mohd Hatta Ramli and TNBES MD Dr Ir Ahmad Jaafar Abd Hamid.

Meanwhile, Maevi had also launched its latest innovation on the intelligent energy management application system, known as Maevi-B, for industrial and commercial buildings.

According to Izham, Maevi-B is able to provide users with information regarding the value of their electricity usage.

“With this system, industrial owners are able to carry out intelligently energy monitoring, subsequently using the data to adapt to Industrial Revolution 4.0 and carry out energy efficiency efforts,” he said.

Maevi-B uses a cloud-based centralised integration system to provide multiple functions including monitoring, control and general viewing, as well as analysis for technical purposes.

The system is capable of real time direct energy monitoring, detailed and technical analysis, as well as provide tips based
on the data generated for consumers to get savings of up to 40% on electricity consumption.

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2019-02-11 10:27 | Report Abuse

well done stockraider

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2019-02-10 10:32 | Report Abuse

kyy_superinvestor They mentioned DGB....not DGSB.... ]

It is Diversified Gateway Berhad (DGB), one of the subsidiary under Diversified Gateway Solutions Berhad (DGSB 0131).

Don't be mislead by those Chinese papers which is referring to DGB 0152, that was a big mistake by them.

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2019-01-11 09:08 | Report Abuse

deerushhh can anyone explain the meaning of 'consolidate share' which takes place on 21 december 2018. i ask the Mplus company cannot explain in proper and understandable language. This is because of my shares before that date of 84 thousand units and now only 42 thousand. where did I lose half my money? i LOST MORE THAN HALF MY MONEY IN DGSB NOW..Please someone explain if you understand. Thank you!

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5999373

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2018-12-07 12:16 | Report Abuse

No worry, their plans are still undergoing well, they need some times to fix something from the previous management, after the share consolidation and capital reduction, they should be able to wipe out those margin player and have a better balance sheet. By then, those announcement of their plans shall be released. That's the reasons I've decided to hold for long term. Slowly but surely, cheers all.

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2018-12-07 10:40 | Report Abuse

Cheers B4b4

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2018-11-22 15:20 | Report Abuse

Wuzy Dato' Sri Thong keep buying shares from Dato' Mah. Something big going happen soon. Now they plan to consolidate the shares first. I think those got internal news already start collecting at low price.

:)

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2018-10-25 09:51 | Report Abuse

This is going to be a good news, hold tight

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2018-10-17 12:53 | Report Abuse

cendolpulut where is SARA..??

Always here :)

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2018-10-09 14:12 | Report Abuse

Penny stock's gem

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2018-08-29 11:40 | Report Abuse

only left one week to AGM :))

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2018-08-29 11:40 | Report Abuse

mancingbursa Morning... Just came back fr Moscow, Russia. All the expenses was given by last year dgsb spike up!

TQ sara... Bless you my friend, :)

:)

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2018-08-29 11:40 | Report Abuse

Mohd Kamal Welcome back Sara!!!

:)