Trap666, at 8s you say so many bad things about dgsb. Now at 11s, you are still here. I think you are just wasting your time here. Clearly, dgsb has advanced upwards
-A+A KUALA LUMPUR (July 4): Computer software and hardware consulting company Diversified Gateway Solutions Bhd (DGSB) is disposing of its entire stake in ISS Consulting (Thailand) Ltd for THB236.43 million (approximately RM32.03 million) cash.
The company will declare a special dividend of 0.8 sen per share with part of the proceeds.
The divestment is a move to unlock and realise the value of its overseas investment in the company, said the company in a filing with Bursa Malaysia this evening.
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DGSB said it had today entered into a share sale agreement with itelligence AG for the purpose of the disposal.
The principal activities of ISS Thailand are the provision of advisers and consultants for computer software solutions.
DGSB said the proposed disposal provides an opportunity for the company to unlock and realise the value of its overseas investment in ISS Thailand, especially with the strong Thai baht, to bring the foreign exchange investment and earnings back to invest further into its existing operations in Malaysia.
"Upon completion of the proposed disposal, DGSB will continue its digital media and infrastructure services in Malaysia, and also grow its food technology and manufacturing business," it said.
DGSB said RM32.03 million proceeds of the disposal will be utilised for capital expenditure and working capital requirements for the expansion of its food technology and manufacturing business, payment of incentives, repayment of the group's bank borrowings, and a proposed special dividend.
The proposed disposal is expected to be completed in the third quarter of 2019.
Shares of DGSB closed unchanged today at 11 sen with a market capitalisation of RM82.03 million.
RM 8 for every 1000 shares...... The best ever dividend. Furthermore, venture into food technology and packaging whose products reaches as far as Japan.
RX350 Trapps Haaha, really so hai one...so mystery till want give people fall in trap again...suspend becoz of ??????
Bilis Trapps why so busy bother DGSB for years? everyone know who is sohai here, i think you are mazda626 who only know keep barking here for nothing for years LOL
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.
trap666 it is just trick fast buy buy buy ~ 15/01/2019 15:17
trap666 you are management meh !? All about show · 15/01/2019 15:18
trap666 u all go support 0.005 can mou @@! 15/01/2019 15:28
trap666 no no no...still not sink yet !!!! Buy buy buy...wait for U TURN !!!!!!!!!!!!!!! 15/01/2019 17:19
trap666 Im just here to show how stupid you all are. This is the real TRAP ~ 16/01/2019 09:58
trap666 And if anyone really buy this perisai due to my BUY CALL, you all really stupid lah...just take it experience okay..DO NOT believe BUY CALL in the forum ~~~~~~~ 16/01/2019 12:02
Let's see how this stupid bilis trap666 promoted perisai until suspended 0.005 LMAO
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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
INAR12
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Posted by INAR12 > 2019-07-04 20:35 | Report Abuse
HAHAHA