The Board of Directors of Divfex Berhad (“DFX” or “the Company”) wishes to announce that Excel Commerce Solutions Sdn Bhd (“EXCEL”), a 51%-owned subsidiary of DFX, has on 18 December 2023 accepted a Letter of Award ("LOA") from Extreme Broadband Sdn Bhd ("EBB") dated 16 December 2023 to supply and install data center equipment system for EBB for the total contract value of RM16.4 million. The supply and installation of the data center equipment will commence by the end of December 2023 and is expected to be completed by 30 June 2024.
EBB is a private limited company incorporated in Malaysia on 5 May 2005 and has been in the business of providing system integration, application development, network consultancy related services, data centre management, disaster recovery services, maintenance support and other IT related services in Malaysia since 2005.
The LOA will have no effect on the issued share capital and substantial shareholders’ shareholdings in the Company.
The LOA is expected to contribute positively to the revenue, earnings and net assets of DFX Group for the financial year ending 30 June 2024.
None of the Directors and/or the substantial shareholders of the Company and/or persons connected with the Directors and/or substantial shareholders of the Company have any interest, direct or indirect in the LOA.
The Board of Directors of the Company is of the opinion that the LOA is in the best interest of DFX Group.
dfx is primed for a takeoff once the overall fear of indiscriminate dumping of penny stocks is over and done with; it would be when 13 sen is breached with conviction...thus far did not succeed on several occasions
This counter pretty similar to Seacera. Have a look at that counter. Potential wise based on recent performance and biz in the books and pipeline Dfx has better potential. Do your analytics. Fair price after the bursa news should put this at low 40s if optimistic or mid 30s at more conservative forecast.
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....
Kirlbert
52 posts
Posted by Kirlbert > 2023-12-07 19:16 | Report Abuse
The ghost: when up u come out bla bla bla; when down u hilang pula.😅😅