0152 DGB DGB ASIA BERHAD Notice of Interest Sub. S-hldr (Section 137 of CA 2016) Particulars of Shareholder Name : XOX BHD NRIC/Passport No./Company No. : 201001016682 (9003 Nationality/Country of Incorporation : Malaysia Address: 22-09, Menara 1MK No. 1, Jalan Kiara, Mont Kiara 50480 Kuala Lumpur Wilayah Persekutuan Malaysia Descriptions (Class and Nominal Value): Ordinary Shares Name and Address of Registered Holder: You are advised to read the entire contents of the announcement or attachment. To read the entire contents of the announcement or attachment, please access the Bursa website at http://www.bursamalaysia.com Details of Changes Date of Notice : 25/01/2021 Transactions: No. Date Transaction Type No of Shares Price (RM) 1. 18/01/2021 Acquired 250,000,000 - Circumstances by reason of which change has occurred: - Subscription of 250,000,000 shares pursuant to Rights Issue with Warrants exercise.- Deemed interest in the shares held by XOX (Hong Kong) Limited pursuant to Section 8 of the Companies Act 2016. Nature of Interest: Deemed Interest Consideration:
No of Shares Held After Changes: Indirect/Deemed Interest : 250,000,000 shares (22.3890%) Total : 250,000,000 shares Remarks: You are advised to read the entire contents of the announcement or attachment. To read the entire contents of the announcement or attachment, please access the Bursa website at http://www.bursamalaysia.com Submitted By:
DGB Asia Bhd is an investment holding company. The group is involved in providing and comprehensive Automated Identification and Data Collection (AIDC) solutions, software solutions, and engineering consultancy services to various industries. The company is also engaged in trading in technological products, computer hardware and software, software applications and related products and services. The company products include proprietary software, value-added product, and services as well as AIDC hardware and equipment. Through the sale of value-added products and services, the company contributed the majority of revenue from China!!!!!
@HappyDay123, I am waiting for shark to swipe out those weak retailers. The best if shark can make the price to 0.01 to swipe out. Wakakaka. So I can all in. But, I can bet with you shark no two ball to make it 0.01
0152 DGB DGB ASIA BERHAD Additional Listing Announcement /Subdivision of Shares 1. Details of corporate proposal Whether the corporate proposal involves the issuance of new type and new class of securities? N Types of corporate proposal : ESOS Details of corporate proposal : Share Issuance Scheme No. of shares issued under this corporate proposal : 30,000,000 Issue price per share ($$) : 0.0850 Par Value ($$) (if applicable) : 0.000 Latest issued share capital after the above corporate proposal In the following Units : 1,176,607,666 Issued Share Capital ($$) : Malaysian Ringgit (MYR) 201,554,282.330 Listing Date : 12/03/2021 Remarks: You are advised to read the entire contents of the announcement or attachment. To read the entire contents of the announcement or attachment, please access the Bursa website at http://www.bursamalaysia.com
Additional Listing Announcement /Subdivision of Shares
DGB ASIA BERHAD
1. Details of Corporate Proposal
Involve issuance of new type/class of securities ? No Types of corporate proposal ESOS Details of corporate proposal Share Issuance Scheme No. of shares issued under this corporate proposal 50,000,000 Issue price per share ($$) Malaysian Ringgit (MYR) 0.0850 Par Value($$) (if applicable) Latest issued share capital after the above corporate proposal in the following
Units 1,226,607,666 Issued Share Capital ($$) Malaysian Ringgit (MYR) 205,804,282.330 Listing Date 26 Mar 2021
OTHERS DGB ASIA BERHAD ("DGB" OR "COMPANY") - OFFER AND GRANT OF OPTIONS UNDER SHARE ISSUANCE SCHEME OF THE COMPANY
DGB ASIA BERHAD
Type Announcement Subject OTHERS Description DGB ASIA BERHAD ("DGB" OR "COMPANY") - OFFER AND GRANT OF OPTIONS UNDER SHARE ISSUANCE SCHEME OF THE COMPANY Pursuant to Rule 9.19(51) of the ACE Market Listing Requirements of Bursa Malaysia Securities Berhad, the Company wishes to announce that the offer of options has been made on 24 March 2021 to the eligible persons to subscribe for new ordinary shares in the Company (“Options”) under the Share Issuance Scheme of the Company (“SIS”).
The details of the Options offered to the eligible persons of the Company are set out as below:-
No.
Description of Options offered under the SIS
1.
Date of Offer of the Options
:
24 March 2021
2.
Exercise price of Options offered
:
RM0.0775
3.
Number of Options offered
:
100,000,000
4.
Closing Market Price of the Company's shares on the Date of Offer
:
RM0.0750
5.
Number of Options offered to the Directors of the Company
Prospects The Group has embarked on several initiatives to mitigate the challenging business and economic conditions during this trying period. These include: - i. Expansion of Ping-U, an e-commerce last mile fulfillment solutions provider E-commerce has experienced a rapid growth and adoption in year 2020, in part due to the strict Government containment measures. The Group believes that moving forward the demand for logistics services will continue to grow with the advancement of technology, increased adoption, and improved accessibility to consumers. The Group intends to further expand its e-commerce logistics services nationwide by expanding our network and delivery coverage as well as increasing the number of Ping-U Points up to 600 locations. Concurrently, the Group also intends to further expand its services to serve the supply chain requirements of small and medium e-commerce companies with limited in-house capabilities as well as under-served and remote areas with no or limited number of courier options. The expansion of Ping-U points and delivery coverage will encourage more users to utilise Ping-U. ii. Expansion of smart vending machine business The COVID-19 outbreak, period of containment and economic uncertainty have changed the way consumers behave and shop. The use and growing acceptance of smart vending machines is a growing phenomenon brought about in part by the need to avoid crowded places, social distancing, travel restrictions and the multi functionality that smart vending machines can offer to users. The Group had started venturing into the smart vending machines business as part of the Group’s expansion plans in August 2020 in light of the opportunities presented by the COVID-19 outbreak. The investment in the smart vending machines business is also expected to provide additional revenue stream to the Group via the sale of fast-moving consumer goods and rental of digital advertisement space that these machines provide. The Group is in the midst of implementing the roll out of the smart vending machines business in stages. In addition to conventional products, these machines will also sell products such as face masks and gloves which are high demand items. iii. Hotel business in Taiwan In October 2020, the Group increased its equity stake in CLI Investment Limited (“CLI”) which owns the Kimpton Hotel in Taipei, Taiwan. CLI is now a subsidiary of the Group. This is a strategic investment that is intended to provide a recurring source of revenue and earnings to the Group. Although the COVID-19 outbreak had adversely impacted the global tourism industry, Taiwan has been widely regarded as one of the first countries to successfully contain the outbreak with less than 1,000 total cases as of December 2020. The Taiwanese government has also been very proactive in supporting its local tourism sector with a subsidy package of NT$3.9 billion (US$1.3 billion) for their local tourism sector. The Hotel provides an alternative source of recurring income and allow the Group to diversify its earnings base to reduce its reliance on existing core businesses. The Group expects the hotel’s business to further recover with the roll-out of vaccines in the coming months. This will ease travel restrictions for local and international travelers and increase occupancy for the Hotel. The availability of adequate working capital, minimal gearing and the implementation of the business initiatives stated above will help to sustain the Group in the year ahead. ICN1_2020 Disclosure Guidance on Covid-19 Related Impacts and Investments The Coronavirus “COVID-19” pandemic has had an impact on the Group’s operations and business as well as the Group’s customers and suppliers to some extent. As the pandemic has not ended the Group is still assessing the financial impact of Covid 19 as the Group have investment overseas and need to assess the pandemic in the foreign jurisdiction which differs than Malaysia. The overall financial effect cannot be reliably estimated as of the approval date of these interim financial report. The Group will closely monitor the development of the COVID-19 outbreak and continue to evaluate its impact on the business, the financial position, and operating results of the Group. The Group will only recognise the financial impact in the financial statements for the financial year ending 31 December 2020 as when it could be reliably measured
@Good123, I also heard DGB management loves to do shares consolidation to push up the price then trapped so many retail investors...Bleeding like hell thereafter...lol
@good123, normally, when expert like you put very professional statement, convincing ppl to trust the counter, time to trap and then drop woh. I noticed many counters when some professional guy come out to say how good is the counter, sure drop one.
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wow, volume suddenly increase last minute