DIVFEX BERHAD

KLSE (MYR): DFX (0131)

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Last Price

0.13

Today's Change

0.00 (0.00%)

Day's Change

0.125 - 0.13

Trading Volume

1,285,000


14 people like this.

13,344 comment(s). Last comment by INAR12 2 days ago

FutureGains

10,260 posts

Posted by FutureGains > 2020-11-02 22:49 | Report Abuse

buy tommoroow morning 17c

Jjkcl

883 posts

Posted by Jjkcl > 2020-11-02 23:05 | Report Abuse

Going up

mancingbursa

4,267 posts

Posted by mancingbursa > 2020-11-02 23:11 | Report Abuse

::))

izoklse

5,203 posts

Posted by izoklse > 2020-11-03 12:07 | Report Abuse

ok top up again more. :-). Enjoy.

RX350

1,931 posts

Posted by RX350 > 2020-11-03 12:58 | Report Abuse

H9eeeeeeeee

Cikam

1,720 posts

Posted by Cikam > 2020-11-03 14:57 | Report Abuse

H10eeeeeeeeee

Posted by kinggizzard > 2020-11-03 14:57 | Report Abuse

Still uptrend

Cikam

1,720 posts

Posted by Cikam > 2020-11-03 18:48 | Report Abuse

Collect more

Huatde

27 posts

Posted by Huatde > 2020-11-03 21:32 | Report Abuse

Yup collect more ;)

fairness

12 posts

Posted by fairness > 2020-11-04 10:00 | Report Abuse

where is Sara? Sara please say something

scjm

2,491 posts

Posted by scjm > 2020-11-04 10:26 | Report Abuse

a bullish descent block is formed yesterday...confirmation 19.5 to see the price goes higher ...should price pullback then chance to AD at 17.5 to 18.5...uptrend still intact

Posted by kinggizzard > 2020-11-04 10:54 | Report Abuse

We will see DGSB to rebound back to higher price.

izoklse

5,203 posts

Posted by izoklse > 2020-11-04 11:09 | Report Abuse

AT & Luster move already. Waiting for DGSB. Already collect a lot this few days.

Cikam

1,720 posts

Posted by Cikam > 2020-11-04 17:14 | Report Abuse

Mana mau cari bullet lagiiii

Cikam

1,720 posts

Posted by Cikam > 2020-11-04 20:53 | Report Abuse

Tomorrow limit up

Posted by kinggizzard > 2020-11-04 23:40 | Report Abuse

So far from my technical analysis, these week got 3 Black Rows candlestick pattern straightly in 4 days. Any other opinion guys?

Cikam

1,720 posts

Posted by Cikam > 2020-11-05 08:16 | Report Abuse

I dunno technical..limit up!!!!

scjm

2,491 posts

Posted by scjm > 2020-11-05 09:12 | Report Abuse

it is a bullish candlestick pattern ...selling also sikit shj ie buyers still inside so just wait for confirmation at 19.5 for the price to go up

Posted by JoklmeTerry > 2020-11-05 10:45 | Report Abuse

Glove industry in soon! Confirm uptrend!

Posted by Investordirectory99 > 2020-11-05 10:53 | Report Abuse

DGSB diversifies into gloves sector also? Woww upupup

Posted by Investordirectory99 > 2020-11-05 10:54 | Report Abuse

Collecting more now

stainlyho37

2,253 posts

Posted by stainlyho37 > 2020-11-05 11:01 | Report Abuse

collecting for another round...i see 0.195 today...

Posted by kinggizzard > 2020-11-05 11:23 | Report Abuse

For everyone who missed this news on DGSB at Bursa official website . Enjoy for future !
++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++

Reference is made to the Company’s announcement dated 30 October 2020 in relation to the Proposals. On behalf of the Board, M&A wishes to announce the following additional information with regards to the Proposals.



1. The commencement date of production of Duramitt Sdn Bhd (“Duramitt”)’s medical examination glove production lines.



Duramitt will install & commission 2 single former nitrile examination glove production lines by early 2021 and another 2 double former nitrile examination gloves production lines by the second quarter of 2021. As such, production is expected to commence in the first quarter of 2021.



2. The regulatory approvals/permits/licenses required to venture into the production and sale of medical examination glove, the dates on which they were obtained or will applied for.



Duramitt has obtained the requisite business license on 28 August 2020, manufacturing license from the Ministry of International Trade and Industry on 12 February 2014, customs license on 22 January 2019, and Malaysian Rubber Board license on 1 April 2020. The relevant approvals from the Ministry of Health will be sought in due course.



3. Proposed utilisation by Duramitt of the total proceeds of RM30 million to be raised from the Proposed Investment.



RM18 million will be used for the purchase, installation & commissioning of 2 single former nitrile examination glove production lines at the current factory in Kulim, Kedah, and the balance RM12 million will be used as working capital for Duramitt.



4. The date on which Duramitt commenced business.



Duramitt commenced its industrial and specialised glove manufacturing and trading business since 12 May 2000.



5. The terms of payment by Paragon Spectrum Sdn Bhd (“PSSB”) of the Share Subscription Consideration.



The Share Subscription Consideration shall be paid in one lump sum by PSSB to Duramitt within 7 days after the Completion Date, which falls within 30 days after all the conditions precedent of the Share Sale and Subscription Agreement have been fulfilled. The Share Subscription Consideration will be funded by equity capital funds and/or shareholders’ advances which will be contributed proportionately by the shareholders of PSSB in proportion to their respective shareholdings.



6. To quantify the amount of the total consideration for the Purchase Consideration, Share Subscription Consideration and RPS Subscription Consideration to be contributed by DGSB, the sources of funding and the breakdown.



The total sums to be contributed by DGSB based on its 60% shareholding in PSSB is RM24 million. This will be funded by the internally generated funds, equity fundraising and/or bank borrowings of DGSB, the proportions of which will be determined at a later date after taking into consideration of DGSB’s gearing level, interest costs and cash reserves.



7. The markets for the medical examination gloves to be produced by Duramitt.



The markets for the gloves to be produced by Duramitt include the medical, services, hospitality, manufacturing and engineering industries.



This announcement is dated 4 November 2020.

Posted by SaraInvestment > 2020-11-05 11:33 | Report Abuse

fairness where is Sara? Sara please say something

Hello

fairness

12 posts

Posted by fairness > 2020-11-05 11:57 | Report Abuse

that 's all? No tips or news on DGSB?

Cikam

1,720 posts

Posted by Cikam > 2020-11-05 14:37 | Report Abuse

No limit up

Huatde

27 posts

Posted by Huatde > 2020-11-05 15:47 | Report Abuse

Just started moving

Posted by Investordirectory99 > 2020-11-05 16:02 | Report Abuse

Hoot 9 eeeeeee!!!! Start moving up!!!! Rebound from support alrdy

Posted by kinggizzard > 2020-11-05 17:05 | Report Abuse

Today has a great rebound.

Posted by covid19help > 2020-11-05 17:19 | Report Abuse

Does anyone notice that HALIM SAAD also buy DGSB?

Posted by covid19help > 2020-11-05 17:20 | Report Abuse

HALIM SAAD is 2nd largest after INSAS.

izoklse

5,203 posts

Posted by izoklse > 2020-11-05 18:00 | Report Abuse

heheh relax la. baru start engine sikit. He also want to join glove mania.

RX350

1,931 posts

Posted by RX350 > 2020-11-05 22:08 | Report Abuse

Fuhhhhhhhhh

Posted by JoklmeTerry > 2020-11-05 22:08 | Report Abuse

Strong rebound today, buyers stay strong!

Huatde

27 posts

Posted by Huatde > 2020-11-05 23:21 | Report Abuse

Hoot 9 eeee

Cikam

1,720 posts

Posted by Cikam > 2020-11-06 00:33 | Report Abuse

Esok limit up?

izoklse

5,203 posts

Posted by izoklse > 2020-11-06 01:25 | Report Abuse

Ministry drafts plans to keep Malaysia's leadership in rubber glove sector

https://www.theedgemarkets.com/article/ministry-drafts-plans-keep-mala...

KUALA LUMPUR (Nov 5): The Ministry of Plantation Industries and Commodities (MPIC), through the Malaysian Rubber Council (MRC), is always drafting and implementing short-, medium- and long-term plans to maintain Malaysia's global leadership in the production of rubber gloves.

Minister Datuk Dr Mohd Khairuddin Aman Razali said that under the short- and medium-term plans, MRC will continue to carry out promotional activities overseas, such as participating in international trade expositions together with industry players, organise trade missions and educational seminars, business matching and advertising in international media.

"These promotional activities not only include leading rubber glove markets such as the United States and Europe but also cover most populous countries with high potential like China, India, Indonesia, Vietnam, Brazil and Russia,” he said during the question-and-answer session in the Dewan Rakyat today.

He was replying to a question from Wong Chen (PH-Subang) who wanted to know about the policies planned by the Ministry to strengthen Malaysia’s global leadership in rubber glove production.

Through the long-term plan, Mohd Khairuddin said the Ministry via MRC will focus on boosting investment activities by industry players and empower the downstream rubber industry to improve the competitiveness and value of rubber glove exports from Malaysia.

These include offering incentives for automation and green technology launched in 2019 totalling RM20 million.

To-date, about RM7 million has been approved for 14 projects including procurement of automatic rubber glove packaging, latex dipping and automatic glove stripping machines for automation incentives.

He also said that an industry relations fund was set up to promote cooperation between researchers and industry players to boost research and development and innovation in the rubber downstream sector.

To date, Mohd Kharuddin said nine companies including Mah Sing Group Bhd, AT Systematization Bhd and Hong Seng Bhd have announced plans to set up new rubber glove factories in Malaysia.

In addition, at least five existing glove companies will expand their respective capacities, such as Top Glove Corp Bhd, Hartalega Holdings Bhd and Supermax, he said.

The Ministry also encourages investment in new rubber glove factories in cooperation with the state government such as in Terengganu where a local rubber glove factory is having talks with a State government-linked company to set up a plant in Kerteh, Terengganu.

Cikam

1,720 posts

Posted by Cikam > 2020-11-06 13:22 | Report Abuse

Dgsb????

ccc5197

458 posts

Posted by ccc5197 > 2020-11-07 07:39 | Report Abuse

Who is halim saad?

RX350

1,931 posts

Posted by RX350 > 2020-11-07 12:01 | Report Abuse

fairness that 's all? No tips or news on DGSB?

fairness, Sara won't share anything here anymore since long ago, only in her close group.

RX350

1,931 posts

Posted by RX350 > 2020-11-07 12:03 | Report Abuse

This forum had been destroyed by trap families since long ago, never share any value information in this forum, it is not worth at all

RX350

1,931 posts

Posted by RX350 > 2020-11-07 12:13 | Report Abuse

izoklse AT & Luster move already. Waiting for DGSB. Already collect a lot this few days.

We are on boards AT, DGSB and Luster :)))

RosMuzery

35 posts

Posted by RosMuzery > 2020-11-07 19:40 | Report Abuse

RX350 This forum had been destroyed by trap families since long ago, never share any value information in this forum, it is not worth at all

Pls ignore him Sara. We all need u here. :(

INAR12

378 posts

Posted by INAR12 > 2020-11-07 21:12 | Report Abuse

RX350, how to join Sara close group?

izoklse

5,203 posts

Posted by izoklse > 2020-11-07 21:16 | Report Abuse

already collect so much last week. Just waiting now. :-)

Erica

395 posts

Posted by Erica > 2020-11-07 21:27 | Report Abuse

Go go go..Sara

awesome20

1,184 posts

Posted by awesome20 > 2020-11-07 23:41 | Report Abuse

Consolidate at 0.180 for some times before up again

Posted by flyingtomoon2020 > 2020-11-08 18:10 |

Post removed.Why?

Lilygoh

31 posts

Posted by Lilygoh > 2020-11-08 22:22 | Report Abuse

I am waiting Tml as since it start to fly...second dump..hihi

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