DAGANG NEXCHANGE BERHAD

KLSE (MYR): DNEX (4456)

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Last Price

0.405

Today's Change

0.00 (0.00%)

Day's Change

0.40 - 0.415

Trading Volume

10,648,900


58 people like this.

101,852 comment(s). Last comment by 8dragon 1 day ago

Posted by SarifahSelinder > 2022-11-18 15:31 | Report Abuse

Pada hikmat Sarifah

Sykt China suka je bikin economic benefit shareholdings whereby profit dia ambil tapi not control of company (refer JAKS Vietnam IPP)

MITI x faham

icecool

5,059 posts

Posted by icecool > 2022-11-18 15:50 | Report Abuse

so monday limit up or limit down ?

Cuncun7

65 posts

Posted by Cuncun7 > 2022-11-18 15:54 |

Post removed.Why?

BILLC

2,050 posts

Posted by BILLC > 2022-11-18 16:31 | Report Abuse

Limit down again on Monday if Mohaidin lose in Pagoh,,,

SinGor

4,970 posts

Posted by SinGor > 2022-11-18 16:47 | Report Abuse

https://oilprice.com/Latest-Energy-News/World-News/UK-Hikes-Windfall-Taxes-On-Oil-And-Gas-To-35.html

British windfall Tax on NorthSeas Oil is now 35% from 2023 to 2028. Dnex hit by falling Ladder too

Michael Kwok

6,504 posts

Posted by Michael Kwok > 2022-11-18 17:51 | Report Abuse

Dun becareful die.advice people sell 70 cents,80 cent,90 cents range many month ago.now there understand.
18/11/22 5.50pm

Michael Kwok

6,504 posts

Posted by Michael Kwok > 2022-11-18 17:53 | Report Abuse

Mabel the Big meow,meow do u see i ask u to sell dnex.its really dive.its really big downward till 17/11/22 i see the news.dnex down big time.

c2k9791

275 posts

Posted by c2k9791 > 2022-11-18 18:11 | Report Abuse

This week LD, next week LU......Helicopter...Helicopter

BobAxelrod

8,255 posts

Posted by BobAxelrod > 2022-11-18 18:15 | Report Abuse

Lang meee si lang, kui meee si kui.......si ham mit????

i3lurker

oil good do oil

chips good do chips

Posted by WinBigOrLoseAll > 2022-11-18 19:05 | Report Abuse

more keen to know if dnex already took 100m from Mimas, if they didn't take the money then this should be easy to settle

BobAxelrod

8,255 posts

Posted by BobAxelrod > 2022-11-18 19:28 |

Post removed.Why?

Mabel

24,511 posts

Posted by Mabel > 2022-11-18 19:36 | Report Abuse

Michael Kwok Mabel the Big meow,meow do u see i ask u to sell dnex.its really dive.its really big downward till 17/11/22 i see the news.dnex down big time.
18/11/2022 5:53 PM

Meow Michael. Fortunately, Mabel is not like Blondi still hanging like Monkeys at Hibi when people oledi locked profit at RM 1.30..

Yes lah..Now it's an opportunity to collect at a bargain price...

To Our Success!

Meow Meow Meow

drken91

339 posts

Posted by drken91 > 2022-11-18 19:37 | Report Abuse

where is that Japanese whore? hahaha

BobAxelrod

8,255 posts

Posted by BobAxelrod > 2022-11-18 19:43 |

Post removed.Why?

BobAxelrod

8,255 posts

Posted by BobAxelrod > 2022-11-18 19:45 |

Post removed.Why?

BobAxelrod

8,255 posts

Posted by BobAxelrod > 2022-11-18 19:51 |

Post removed.Why?

BobAxelrod

8,255 posts

Posted by BobAxelrod > 2022-11-18 19:55 |

Post removed.Why?

BobAxelrod

8,255 posts

Posted by BobAxelrod > 2022-11-18 20:12 |

Post removed.Why?

BobAxelrod

8,255 posts

Posted by BobAxelrod > 2022-11-18 20:14 |

Post removed.Why?

Gaussian

3,151 posts

Posted by Gaussian > 2022-11-18 20:19 | Report Abuse

No worries. A new and bigger partner will emerge

Gaussian

3,151 posts

Posted by Gaussian > 2022-11-18 20:21 | Report Abuse

It will be revealed

XenDee

179 posts

Posted by XenDee > 2022-11-18 20:28 | Report Abuse

buy the dip

Sharewire

240 posts

Posted by Sharewire > 2022-11-18 20:28 | Report Abuse

You had to protect yourself.
They wont protect you.
Everything is ok say by Do Kwan and Sbf Ftx.

BobAxelrod

8,255 posts

Posted by BobAxelrod > 2022-11-18 20:33 |

Post removed.Why?

vespa

911 posts

Posted by vespa > 2022-11-18 20:33 | Report Abuse

DNEX's logic is unfathomable. Deception knowing full well MITI or Malaysian govt wont cede control of Silterra. Just what were the fools in DNEX thinking by doing one over the Chinese partner.

XenDee

179 posts

Posted by XenDee > 2022-11-18 20:34 | Report Abuse

ready your bullet

BobAxelrod

8,255 posts

Posted by BobAxelrod > 2022-11-18 20:38 |

Post removed.Why?

rr88

6,532 posts

Posted by rr88 > 2022-11-18 20:45 | Report Abuse

Hu hu hu... mati la. The more you wait, the more pain you will suffer.

Underlying technicals hv been damaged big time.

The path is set for journey to the bottom:

0.72 => 0.57 => 0.67 => 0.57 => 0.455 => (you are here) => 0.56 => 0.455 => 0.35 => 0.45 => 0.35 => 0.25 => range bound hybernation 0.20 - 0.30 until hit by worldwide recession => 0.10.

A path to SEPULUH SEN ultimate bottom has been cast yesterday when it broke multiple parallel strong 18 month old supports in one go to hit limit down.

Habis lah y'all...

Gaussian

3,151 posts

Posted by Gaussian > 2022-11-18 20:56 | Report Abuse

Hahaha so CGP wants to bite and never let go of Dnex like a rabies dog ?

OngKawKaw

3,283 posts

Posted by OngKawKaw > 2022-11-18 20:57 |

Post removed.Why?

BobAxelrod

8,255 posts

Posted by BobAxelrod > 2022-11-18 21:02 |

Post removed.Why?

Gaussian

3,151 posts

Posted by Gaussian > 2022-11-18 21:34 | Report Abuse

Hahaha ya that’s right. Ya so if Dnex is not going to pay will CGP going to back off?

BobAxelrod

8,255 posts

Posted by BobAxelrod > 2022-11-18 22:04 |

Post removed.Why?

Mabel

24,511 posts

Posted by Mabel > 2022-11-18 22:07 | Report Abuse

DNeX owns the remaining 60% of SilTerra. In March 2021, Khazanah Nasional Bhd sold then loss-making SilTerra to DNeX and the China-based equity fund for RM273 million cash.


DNeX and CGP Fund have committed to a capital injection of at least RM200 million by way of subscribing for new shares to be issued by SilTerra. Based on DNeX’s 60% stake, the capital injection by DNeX will amount to about RM120 million.


Both parties sought to opt for the issuance of irredeemable convertible preference shares (ICPS) in DNeX Semi, amounting to RM100 million, to be issued to and subscribed by MIMAS. This would result in MIMAS holding a 33% stake in DNeX Semi.


The point of contention is whether prior approval is needed from the Ministry of International Trade and Industry (MITI) for the proposed investment.

MIMAS is of the view that such approval was not required and maintains that the shareholders agreement and subscription agreement, both dated Jan 21, 2022, are valid and enforceable.


However, DNeX disagrees.


“Vide MITI’s letter dated Feb 28, 2022, DNeX and CGP learned that prior approval from MITI was required in relation to the proposed investment,” said DNeX in the filing.


“DNeX and DNeX Semi consider such approval as necessary, more so in light of the terms and conditions of the shareholders’ agreement and subscription agreement which provide for MIMAS becoming a shareholder upon issuance of the ICPS and not their conversion. If so, this puts the [manufacturing] licence, and thus the operations of SilTerra, at risk.”


DNeX and DNeX Semi will seek the necessary relief to have the shareholders agreement and subscription agreement declared null and void.


Nonetheless, it said it does not expect any material financial impact from the commencement of the arbitration proceeding, other than legal cost to be incurred.

“SilTerra remains a 60%-owned subsidiary of DNeX Semi, which in turn is a subsidiary of the company. No material operational impact is expected [to] arise from the arbitration,” it added.

Hotstuff

3,291 posts

Posted by Hotstuff > 2022-11-18 22:10 | Report Abuse

all the rubbish talk pui!!! prepare bullets sapu all the way on Monday!!!

Posted by NatsukoMishima > 2022-11-18 22:35 | Report Abuse

Actually we should thanks to this drama because dnex will be more volatile daily , more adventurer will speculate n goreng dnex share to earn fast money , if dnex one day can up down 20 - 30 sens i wont surprised !

Posted by NatsukoMishima > 2022-11-18 22:37 | Report Abuse

Trevor777 where are u ? Come out and barking , this is the right timing for u !

XenDee

179 posts

Posted by XenDee > 2022-11-18 22:45 | Report Abuse

sapu sapu man

Moneymore

532 posts

Posted by Moneymore > 2022-11-18 22:51 | Report Abuse

Why suddenly arbitration now before GE? Push down to collect so after GE back to 1.

Moneymore

532 posts

Posted by Moneymore > 2022-11-18 22:52 | Report Abuse

Do you think CGP wants to upset MITI and cause Silterra to lose license? All is Pre GE wayang kulit. Those who buy at 0.50, Tahniah!

凯翔 赖

372 posts

Posted by 凯翔 赖 > 2022-11-18 23:16 | Report Abuse

https://www-enanyang-my.translate.goog/财经新闻/股权纠纷不影响矽佳经营-迪耐股价已反映“惨况”?_x_tr_sl=auto&_x_tr_tl=en&_x_tr_hl=en (Share from StockHunter)

凯翔 赖

372 posts

Posted by 凯翔 赖 > 2022-11-18 23:16 | Report Abuse

https://www-enanyang-my.translate.goog/财经新闻/股权纠纷不影响矽佳经营-迪耐股价已反映“惨况”?_x_tr_sl=auto&_x_tr_tl=en&_x_tr_hl=en (Share from StockHunter)

Lee_CK

236 posts

Posted by Lee_CK > 2022-11-19 01:16 | Report Abuse

Imagine this, the Agreement was signed how many months ago???

Would your solicitors, acting on your behalf, allow the Buyer of your property sign the SPA if there were no Deposits paid to you???

And if the Funds were deposited with Dx's solicitors, then would that contribute a part of the duty to advance fully executed???

And if there was nothing paid, WHY THE HECK DID MIMA went ahead to stamp even a photocopy of the Agreement?? (doesn't make any sense, right???)

Lee_CK

236 posts

Posted by Lee_CK > 2022-11-19 01:17 | Report Abuse

Another scenario :
You and 3 others using deadly weapons to rob a bank. Later, you hold a press conference and say, "...it's just a minor mis-understand"...??? Huh???

Lee_CK

236 posts

Posted by Lee_CK > 2022-11-19 01:20 | Report Abuse

Moral of stories :

DO NOT INVEST YOUR HARD EARNED MONIES IN STOCKS AND SHARES, IF YOU CANNOT TELL WHO IS LYING RIGHT IN YOUR FACE!!!!!!!

Mabel

24,511 posts

Posted by Mabel > 2022-11-19 07:46 | Report Abuse

The market has pretty much priced in the “worst-case scenario” for Dnex

Hotstuff is pretty smart..

Life is so beautiful when you are smart..

Meow Meow Meow

Mabel

24,511 posts

Posted by Mabel > 2022-11-19 08:03 | Report Abuse

Haha when Sifu rr88 appears it's time to buy..

Hihihi

Lee_CK

236 posts

Posted by Lee_CK > 2022-11-19 10:23 | Report Abuse

Many persons from have link the DNEX to Serba Dinamik. What it is mean? ==>DROP AND DROP.

XenDee

179 posts

Posted by XenDee > 2022-11-19 11:00 | Report Abuse

come monday panic buy... not enough sell ticket

kllady_fidah

1,700 posts

Posted by kllady_fidah > 2022-11-19 11:23 | Report Abuse

mere temp SH misunderstanding.. fundamental remain intact. Panic Buy nx week

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