Posted by Good123 > 2020-07-07 09:26 | Report Abuse

Affordable housing will be the key growth driver for DBE in terms of revenue. We want to build a company with strong fundamentals, and we are making homeownership affordable for all Malaysians,” he tells The Edge in an interview via video.

Doh recalls that his father, Datuk Doh Neng Chiong, ventured into affordable homes in 1989, building more than 400 houses, with prices starting at RM32,000, in Taman Mas in Sitiawan, Perak.

“We continued there after completing and delivering more homes, contributing to the growth of the region and the state. We are fortunate to have the experience and expertise of more than two decades in building residential, commercial units and townships. Nevertheless, our focus will be always on providing affordable homes,” he says.

Commenting on the impact of the Covid-19 pandemic on the property market, Doh says he is unfazed as the interest and appetite of first-time homebuyers remain strong.

“While other developers are trying to get someone to buy a second home for investment ... our target market is first-time house buyers. Interest rates are very low now. I don’t think serious buyers would want to wait too long. They are price-sensitive and they have a tight budget. Once they identify the right house at the right location, they will buy,” he explains.

He adds that the key thing for DBE is for its projects to remain truly affordable.

Posted by Quest12 > 2020-07-07 13:14 | Report Abuse

@Good123, are you working with DBE?

Posted by Youghin > 2020-07-07 13:20 | Report Abuse

I was going to ask the same Qs. Obviously he is.

Posted by Good123 > 2020-07-07 16:29 | Report Abuse

good for DBE too KUALA LUMPUR (Jan 23): Icon Offshore Bhd's share price hit limit up today after the stock jumped as much as 30 sen or 72% to 71.5 sen in morning trades following its ex-date yesterday (Jan 22) for the company's share consolidation.

Posted by Good123 > 2020-07-07 16:52 | Report Abuse

profitable business, focus on affordable housing below rm200,000. bread and butter segment. safer

Posted by Good123 > 2020-07-07 17:31 | Report Abuse

KUALA LUMPUR (July 7): A total of 84% of 3,282 construction sites are operating within the standard operating procedure (SOP) set by the government to curb the spread of Covid-19 pandemic, said Senior Minister (Infrastructure Cluster) Datuk Seri Fadillah Yusof.

During the quarter under review, the Government has on 18 March 2020 announced the implementation of Movement Control Order (“MCO”). The
prohibitions from MCO has restricted the progress of our work at all project sites. However, the Group has taken preventive steps to ensure that all Standard
Operating Procedures under the MCO was adhere to. Plans of catching up on progressive work at all sites are in place with the support from our contractors.
The Group will continue to adapt to the challenging times ahead to ensure its long-term sustainability, despite the uncertainties caused by the MCO. In future,
the Group will still continue to expand its property development business especially in the affordable housing segment via acquisition of existing ongoing
projects or potential land bank for development or joint venture with potential landowners.

Posted by Good123 > 2020-07-07 18:12 | Report Abuse

good4dbe. all projects in perak. IPOH (July 7): Malaysia Productivity Corporation (MPC) and the Perak state government will work together to ensure ease of doing business by providing ready-to-business (R2B) or pre-approved packages to operate businesses.

MPC director-general Datuk Abdul Latif Abu Seman said the collaboration would also involve state agencies such as InvestPerak and the Perak State Economic Planning Unit.

He said the agreement was reached in a meeting recently between MPC and state agencies, which was chaired by the Industry, Investment and Corridor Development Committee chairman Datuk Shahrul Zaman Yahya.

“Apart from that, MPC will also provide an online virtual advisory clinic platform for businesses affected by Covid-19 as part of the government's efforts to help them on a one-to-one basis to rebuild and identify the issues they face,” he said in a statement today.

Abdul Latif said awards and recognition would be introduced for the public and private sectors in Perak and other states to honour those who were active and productive in easing regulations and procedures for local businesses to operate.

Posted by Good123 > 2020-07-07 18:14 | Report Abuse

i like she because of affordable housing, not luxury projects

Posted by Good123 > 2020-07-08 08:53 | Report Abuse

should be 3.5-4sen , better private placement and after consolidating price

Posted by Good123 > 2020-07-08 09:15 | Report Abuse

low cost model of property development

Posted by Good123 > 2020-07-08 09:16 | Report Abuse

keep till EGM n share consolidation

Posted by Good123 > 2020-07-08 09:25 | Report Abuse

big sum of cash will flow into the company after the remaining 49% of the poultry biz is sold back to the founder

as per QR dated 31.3.2020

Share of result of associates RM1,488,000
Investment in associates RM 11,288,000
Amount due from associate RM 17,576,000

Posted by Good123 > 2020-07-08 09:26 | Report Abuse

the founder of the poultry biz could relist its in future after buying back the 49% via call option

Posted by Good123 > 2020-07-08 09:32 | Report Abuse

another factor is even the 49% associate company involved in poultry biz was contributing ~rm1.5m for Q1,2020

Posted by Good123 > 2020-07-08 09:33 | Report Abuse

now, both properties and poultry (49%) associate company are profitable, share price should rise further

Posted by Good123 > 2020-07-08 09:35 | Report Abuse

amazing, the poultry biz is profitable again after founder purchased 51% from dbe and became privately owned

Posted by Good123 > 2020-07-08 09:37 | Report Abuse

dbe is generating profits from properties and poultry. founder could buyback the remaining 49% of the poultry biz company anytime via call option

Posted by Good123 > 2020-07-08 09:38 | Report Abuse

happy ending for DBE, founder of poultry biz exits peacefully and in an orderly manner

Posted by Good123 > 2020-07-08 09:39 | Report Abuse

dbe/lagenda properties BHD is the market leader of low cost property development model :)

Posted by Good123 > 2020-07-08 09:44 | Report Abuse

its low cost property development model could to be implemented in other States

Posted by Good123 > 2020-07-08 09:45 | Report Abuse

dbe is a newly borne baby with both property and poultry segments are profitable now. rerating of the share price should be otw

Posted by Good123 > 2020-07-08 09:47 | Report Abuse

mgo at 3.5sen with great losses reported in 2018 failed, if mgo now, the price could be doubled or higher . profitable in all biz segments

Posted by Victor Yong > 2020-07-08 10:23 | Report Abuse

Revenue, profit, nta had improved miraculously :)

7179 DBE D.B.E. GURNEY RESOURCES BHD
Quarterly rpt on consolidated results for the financial period ended 31/03/2020
Quarter: 1st Quarter
Financial Year End: 31/12/2020
Report Status: Unaudited
Submitted By:

Current Year Quarter Preceding Year Corresponding Quarter Current Year to Date Preceding Year Corresponding Period
31/03/2020 31/03/2019 31/03/2020 31/03/2019
RM '000 RM '000 RM '000 RM '000
1 Revenue 20,232 5,525 20,232 5,525
2 Profit/Loss Before Tax 5,776 2,215 5,776 2,215
3 Profit/(loss) attributable to ordinary equity holders of the parent 4,359 (155) 4,359 (155)
4 Net Profit/Loss For The Period 4,359 (155) 4,359 (155)
5 Basic Earnings/Loss Per Shares (sen) 0.16 (0.01) 0.16 (0.01)
6 Dividend Per Share (sen) 0.00 0.00 0.00 0.00
As At End of Current Quarter As At Preceding Financial Year End
7 Net Assets Per Share (RM) 0.0300 0.0200


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 accessthe Bursa website at http://www.bursamalaysia.com



15/06/2020 07:00 AM


Ref Code: 202006153100203

Posted by Victor Yong > 2020-07-08 10:33 | Report Abuse

may not be able to get approval at egm with such a stake. :)

7179 DBE D.B.E. GURNEY RESOURCES BHD
Changes in Director's Interest (Section 219 of CA 2016)

Particulars of Director 37

Name : DOH JEE CHAI
NRIC/Passport No./Company No. : -
Nationality/Country of Incorporation : Malaysia

Address:
-

Descriptions (Class and Nominal Value):
Ordinary Shares


Name and Address of Registered Holder:



Details of Changes

Date of Notice : 11/02/2020

Transactions:
No. Date Transaction Type No of Shares Price (RM)
1. 11/02/2020 Others 939,280,220 -


Circumstances by reason of which change has occurred:
Deemed interest by virtue of Section 8(4) of the Companies Act 2016 as atdate of appointment as Director

Nature of Interest:
Indirect Interest

Consideration:
You are advised to read the entire contents of the announcement or attachment.


No of Shares Held After Changes:
Direct : 0 shares (0.0000%)
Indirect/Deemed Interest : 939,280,220 shares (35.0700%)
Total : 939,280,220 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 accessthe Bursa website at http://www.bursamalaysia.com


Submitted By:



11/02/2020 07:00 AM


Ref Code: 202002113700028

Posted by Good123 > 2020-07-08 10:37 | Report Abuse

Jan 2020. DBE Gurney Resources Bhd’s managing director (MD) Datuk Ding Seng Huat has resigned so that he can focus on the poultry business. Meanwhile executive director Datuk Doh Jee Ming has been redesignated yesterday as DBE Gurney’s MD.

Posted by Victor Yong > 2020-07-08 10:49 | Report Abuse

MANAGEMENT
DISCUSSION AND ANALYSIS
Financial Year 2019
Main Highlights of 2019
The year 2019 marked a brand-new dawn in D.B.E. Gurney Resources Berhad (“D.B.E. Gurney” or “the Company”) and its
subsidiaries’ (“the Group”) journey in terms of direction and approach to our main business activity. As many of our shareholders
know, the Group embarked on a business model transformation since 2018 from the poultry business to focus on property
development and the Group is happy to note that these efforts have borne fruit since our diversification.
On behalf of the Management, I would like to thank our shareholders for their belief in us as we announce robust financial
earnings from top to bottom line. In financial year ended 2019 (FY2019), the Group recorded a gross profit of RM21.63 million
on the back of revenue amounting to RM71.82 million, achieving a gross profit growth of approximately 3.7 times year-on-year.
This in turn translated into a healthy profit before tax (“PBT”) sum of RM13.71 million solely attributed to property development.
The profit after tax and minority interests (“PATMI”) for the year under review stands at RM7.69 million after factoring in losses of
RM2.09 million attributable to the discontinued poultry business. This represents a significant turnaround from last year, where
we recorded a net loss of RM27.85 million, which is due to the successful execution of the business model transformation.
Fresh off the poultry business disposal, the Group stands in a strong cash position with no additional bank borrowings made in
FY2019 and funded its property development projects through internally generated funds. At the end of FY2019, shareholders
fund stood at RM62.87 million.
Early in 2020, the Group had announced its intention to raise approximately RM8.04 million via the private placement of up to
10% of its share capital, of which the Group has raised approximately RM4.3 million. This was before the Board of Directors
decided not to continue with the private placement during the Group’s multiple proposals announcement on 26 February 2020.
In line with this, the shareholders will enjoy basic earnings of 0.29 sen per share after adjusting for an 0.08 sen loss from
discontinued poultry operations.
Business Model Transformation
Since our inception in 2001, D.B.E. Gurney’s main business activity has been the poultry business. The Management realised
that the operating environment for the Group’s poultry business has been challenging due to stiff competition from other
operators and thinning margins.
A downtrend of revenue over the last five (5) years on the back of ten (10) years of losses (with the exception of FY2016
attributable to the Group securing more poultry sales contracts that year) meant that a shake up was required. Hence, on 5
February 2018, the Group decided to diversify into the property development business by entering into a joint development
agreement with Misi Jutari Sdn Bhd, to develop Taman Desa Harmoni, allowing the Group to reduce its dependence on the
poultry business. This flagship project precipitated the Group’s expansion into property development via joint ventures.
Where the poultry business was bleeding cash, the property development business was stemming the flow, becoming the
Group’s sole profit contributor for FY2018, recording a PBT of RM4.52 million in that year. Due to the dire straits of the poultry
business and wanting to effectively end the drag on the Company’s financial performance, the immediate ex-Managing Director,
Dato’ Ding Seng Huat, offered to acquire the poultry business of D.B.E. Gurney. After deliberation by the non-interested board
members of the Group, the Group chose to divest its stake in the loss-making poultry business and refocused its resources on
the profit-making property development business instead.
Hence, on 2 October 2019, the Group entered into a conditional share sale agreement (“SSA”) with Dato’ Ding Seng Huat
to dispose of 51% equity interest in companies involved in the poultry division. The SSA was successfully completed on 31
December 2019.
This disposal marks the start of D.B.E. Gurney’s intention of unlocking value from its poultry business, with a one-off gain of
approximately RM1.36 million arising pursuant to the disposal. Further to this, the Group retains the option of disposing the
remaining 49% to Dato’ Ding Seng Huat at a pre-determined fixed price, which will allow the Group to completely exit the poultry
business when it deems fit.

Posted by Victor Yong > 2020-07-08 10:51 | Report Abuse

A Property Developer to the Masses
As part of the Group’s decision to venture into the property development business, the Management of D.B.E. Gurney came to
an agreement to be a developer that focuses on the main core expertise of developing affordable housing that meets the needs
of the majority of Malaysian home buyers that fall into the B40 and the M40 income group.
This is primarily fuelled by the pent-up demand from these groups that is met by a shortfall of completed residential units for the
young and growing demographic. Within the stable of projects, it is expected that the main revenue and profit contributor in the
coming year (FY2020) will be Taman Bemban Indah and Pengkalan Prisma. This is due to the fact the Pangsapuri Seri Iskandar
and Taman Desa Harmoni are projects which are near completion.
The main review to operations for each of the Group’s developments are:
(a) Taman Desa Harmoni
This joint venture between D.B.E. Development Sdn Bhd and Misi Jutari Sdn Bhd to develop 10 units of single-storey
semi-detached houses, 85 units of single-storey terrace houses and 19 single-storey shop houses was announced by
the Company in February 2018. This development is completed and is targeted for delivery of vacant possession in 2020.
(b) Pangsapuri Seri Iskandar
This fully sold development comprises of 780 units of apartments, spread through blocks of 8-storey building. Blocks A
and C comprises of 358 units, while Blocks B and D comprises of 422 units respectively. The development is supported
by amenities such as a multipurpose hall, prayer room, toilets, swimming pool and a kindergarten.
(c) Pengkalan Prisma
This mixed affordable housing development comprises of 268 units of single-storey terrace houses, 177 units of doublestorey terrace houses and 37 units of double-storey shop houses and is situated in Mukim Sungai Terap, Daerah Kinta,
Perak Darul Ridzuan. This development is approximately 35% completed as at 31 March 2020. The remaining Gross
Development Value (“GDV”) stands at RM63.5 million.
(d) Taman Bemban Indah
This mixed affordable housing development comprises of 237 units of single-storey terrace houses, 50 units of singlestorey semi-detached houses and 5 units of single-storey detached houses (bungalows). The development was launched
in June 2019 and is 44% completed as at 31 March 2020. The remaining GDV is RM49.50 million.
Projects in the Pipeline
As the first two developments reach maturity, the Group reaffirms its focus to expand and continuously increase market presence
in the affordable housing segment through a mix of identifying viable land banks, existing property projects and inorganic growth.
With this in mind, on 26 February 2020, the Group had announced various conditional share sale agreements that will see the
Group acquire various ongoing property development projects and land banks (“Proposed Acquisitions”). Among the Proposed
Acquisitions are two notable affordable housing township development projects which are:
• Bandar Baru Setia Awan Perdana in Sitiawan, Perak, a 1,012 acres affordable housing township development which was
won the iProperty Development Excellence Awards (iDEA) in 2019;
• Lagenda Teluk Intan, a 1,158 acres of affordable housing development located in Teluk Intan Perak in Teluk Intan, Perak.
For further details of the Proposed Acquisitions, please refer to the announcement made by the Company on 26 February
2020. At this juncture, the Proposed Acquisitions is pending the approval from the Company’s shareholders in an Extraordinary
General Meeting to be convened later on.
The Proposed Acquisitions is in tandem with D.B.E. Gurney’s long-term strategic outlook to continue growing its presence as a
trusted affordable housing developer, spurring the growth of the Group’s property development business going forward.

Posted by Victor Yong > 2020-07-08 10:53 | Report Abuse

Industry Outlook & Discussion
As a new player in the property development sector, one of the main upside is the ability to cast a fresh eye on the needs and
requirements of the current batch of home buyers. Although the overall outlook for the property market has been facing strong
external headwinds causing a visible softening to the property market as a whole, we believe that there is significant pent-up
demand for well-designed affordable housing.
Hence, our decision to enter the affordable market segment, catering mainly to first time home buyers that are on the lookout for
a house for their own needs and not necessarily for investment purposes. Therefore, the Group’s focus on affordable housing
allows us to provide for a majority home buyers that are hampered from home ownership due to unaffordable property prices.
In our endeavour to become a full-fledged property developer, we keep a close eye on our fundraising exercises which are
buoyed by the Group’s strong fundamentals. We hope to offer unique yet affordable products that will allow us to bridge the gap
between the income levels of most Malaysians and their ability to own a home.
As part of our Proposed Acquisitions announcement on 26 February 2020, we are looking at the entire real estate development
value chain and have announced the acquisition of, amongst others, a construction company and a trading company, which
in turn enables us to turn around and construct our own projects as well as source and procure our own building materials to
ensure cost efficiency, timeliness and quality of build without the dependence on external parties.
With the Proposed Acquisitions announced, we are also proposing a private placement to raise approximately RM108 million
post completion of acquisitions for working capital to cover development costs arising.
It is hoped that with all these measures in place, the Group’s property development business will continue to strengthen and by
extension, enhance our strong fundamentals going forward.
We hope to bring to our shareholders consistent results and strengthen their confidence in the Group.
Dato’ Doh Jee Ming
Managing Director

Posted by Good123 > 2020-07-08 11:00 | Report Abuse

contribution from 49% associate company, poultry biz is expected to rise too. 

The research house said lower industry supply led to Malaysia’s poultry ASP spike.

PETALING JAYA: Maybank Investment Bank Research (Maybank IB) has revised its earnings revision upwards for Leong Hup International Bhd(LHIB), amid better price stability for poultry average selling prices (ASPs).

“Against our previous expectations of prolonged weak prices amidst slower business activity post-movement control order (MCO), we are more assured in price stability in the near term as higher poultry ASPs in LHIB’s respective countries of operations have sustained throughout the second quarter of 2020.

“Our 2020,2021 and 2022 earnings estimates are lifted by 72%, 41% and 41%, respectively, as we impute for 15%, 13% and 13%, respectively, higher Malaysia and Singapore broiler ASPs, ” it said in a report.

With that said, Maybank IB cautions that Malaysian ASPs could be adversely impacted, depending on the potential re-entry of production supply from smaller independent farmers in the second half of 2020 amid gradual poultry demand improvement.

The research house said lower industry supply led to Malaysia’s poultry ASP spike.

“Given reduced industry supply upon the exit of many independent farmers during the MCO, second-quarter 2020 Malaysian poultry ASPs staged a strong recovery from mid-May 2020 onwards due to demand-supply imbalances.”

Maybank IB said broiler and day-old chick (DOC) ASPs peaked at RM5.80 per kg and RM2.40 per chick respectively as at end-June 2020.

“Year-on-year, we estimate that second-quarter 2020 broiler and DOC ASPs have grown 8% and 21%, respectively. However, with exceptionally low average broiler ASPs during the MCO in April (circa RM2.10 per kg), quarter-on-quarter ASP increase is likely narrower at 3% (broilers) and 7% (DOC).

“Regional poultry ASPs (Indonesia and Vietnam) have also seen an increase following the easing of lockdown measures in respective countries, ” it said.

With the acquisition of The Bakers Cottage (TBC), the research house said LHIB has carved out an avenue for sales stability in the mid-term, as it steadily grew its store presence in the quick-service restaurant industry.

“There are currently 50 TBC outlets with plans to reach 80 outlets by end-2020 and 300 outlets by 2023.

“However, we have not imputed TBC’s earnings into our model yet as it is still in its gestation period.

“On average, it takes three to four years for a new TBC store to break-even, we understand.”

LHIB’s revenue stood at RM1.43bil for the first quarter ended March 31,2020, compared with RM1.51bil in the preceding year’s corresponding quarter.

Profit after tax and minority interests stood at RM21.8mil, compared with RM60.6mil, weighed down by the overall softness in demand amid the onset of the Covid-19 pandemic and weak prices.

Posted by Good123 > 2020-07-08 11:11 | Report Abuse

Doh Properties has been actively raising its stake in DBE Gurney, so much so that it triggered a conditional mandatory general offer (MGO) after its shareholding hit the 33% threshold in September last year.

Although Doh Properties’ offer to acquire DBE Gurney at 3.5 sen per share, or RM62.79 million in total, was deemed “fair and reasonable”, the MGO fell through as it failed to achieve the required level of acceptance.

To date, Doh Properties remains the single largest shareholder of DBE Gurney with a 35.07% stake.

Whatever transpired behind the scenes at DBE Gurney over the past two years, one thing is certain — the Ding family is ready to move on and the Doh family will be running the show from now on.

Posted by Good123 > 2020-07-08 11:12 | Report Abuse

the above news released in 2019 :)

Posted by Good123 > 2020-07-08 11:15 | Report Abuse

All shareholders could benefit’

It is noteworthy that DBE stands for Ding Brothers Enterprise, a company founded by its former chairman Datuk Ding Chong Chow and his brother Ding Choon Yung in 1986.

The emergence of Doh Properties at DBE Gurney has diluted the shareholding of the Ding family, whose members, including Alex — Choon Yung’s son — have since ceased to be substantial shareholders.

Despite ongoing speculation that the Ding family was “ambushed” by the Doh family and a Singaporean fund, Alex insists that the takeover was never hostile.

He also stresses that everything DBE Gurney has done over the past few years was for the benefit of all shareholders, including the minorities. “It is not a hostile takeover at all. We (the Ding and Doh families) are hometown friends. Everything we did, from the issuance of RCNs (redeemable convertible notes) to the diversification into property, and now, the disposal of the poultry business, is the reason why DBE Gurney is in a better position today.”

Alex maintains that “everything will be fine” in the end and DBE Gurney’s results in the coming years will justify what the company is doing now. “We have proved that the property business can actually lift the group’s performance. The way I see it, there’s great potential in the listed company.”

Posted by Goodprofit > 2020-07-08 12:01 | Report Abuse

DBE zzzzzzzzzzzzzzzzzzzzzzzzzzz

Posted by Good123 > 2020-07-08 12:44 | Report Abuse

A reverse split might also be done to boost the company's image if the stock price has dropped dramatically. If the stock is trading in the single digits, it is likely to be considered a risky investment, particularly if the price is near $1 or considered a penny stock by investors. A reverse split might be engineered by a company to protect it's brand's image by trying to avoid the penny stock label. There is a negative stigma attached to penny stocks traded only over the counter (OTC).

A reverse split that sends the stock higher might draw more attention from analysts. Higher-priced stocks attract more attention from market analysts, and a favorable view from analysts is excellent marketing for the company.

Posted by Good123 > 2020-07-08 12:54 | Report Abuse

Sometimes companies decide to reverse split their shares just because they want to offer their shares at reasonable prices to attract new shareholders. There are examples of stocks that have prospered after doing so, including Citigroup (C). Citi probably had the most famous reverse split—a 1 for 10 reverse split in May 2011. Citi became a $40 stock and is now trading at $44. The split was billed as “returning value to the shareholders.” The company had already survived the financial meltdown, and had begun paying a dividend, so investors thought it probably couldn’t get any worse. And they were right!

Other companies like AIG (AIG), E*Trade (ETFC), Motorola (MSI) and Priceline.com (PCLN), have endured—and prospered—after a reverse stock split

Posted by Good123 > 2020-07-08 13:01 | Report Abuse

Market Capital (RM)85.12mNumber of Share2.837bEPS (cent)*0.43P/E Ratio6.98ROE (%)14.33

Posted by Good123 > 2020-07-08 13:02 | Report Abuse

DBE Quarter Report History

FYNo.RevPBTPATEPSYoYDec20120,2325,7764,3590.162912%Dec19424,2605,3642,5570.10116%Dec19348,5576,0014,6370.17228%Dec19248,0141,0386520.02124%Dec19128,283527-155-0.0197%

Posted by Good123 > 2020-07-08 13:03 | Report Abuse

history in the past. Announcement Date16 Feb 2011EX-Date28 Feb 2011Entitlement Date02 Mar 2011Transfer Date02 Mar 2011Ent. Numerator5.000Ent. Denumerator1.000Right Issue PriceRM0.10

Posted by Good123 > 2020-07-08 13:07 | Report Abuse

a lot of loss making companies UP. this profitable dbe Belum up lagi :)

Posted by Good123 > 2020-07-08 13:08 | Report Abuse

dbe should pay share or cash dividend to boost share price

Posted by Good123 > 2020-07-08 14:03 | Report Abuse

more than 100mil shares to be placed out after share consolidation. china conglomerate company? can bring the low cost property development model to china too

Posted by Good123 > 2020-07-08 14:05 | Report Abuse

low cost property developer like AirAsia for airlines, seems very cool

Posted by Good123 > 2020-07-08 14:06 | Report Abuse

with so many good news from dbe, syndicate might use it for goreng :)

Posted by Good123 > 2020-07-08 14:07 | Report Abuse

also major shareholder with 30% might top up more shares b4 EGM to push for approval

Posted by Good123 > 2020-07-08 14:11 | Report Abuse

loss making penny stock like xox from 1sen to 6.5sen now :) dbe should move anytime

Posted by Goodprofit > 2020-07-08 14:12 | Report Abuse

so much good news still ZZZZzzzzzzzzzzzzzzzzzz , Don't Why waiting what , goreng lah

Posted by syazmat > 2020-07-08 14:13 | Report Abuse

Good say

Posted by Goodprofit > 2020-07-08 14:22 | Report Abuse

PDZ also goreng already from 3sen now 18sen

Posted by Good123 > 2020-07-08 14:38 | Report Abuse

started moving

Posted by Good123 > 2020-07-08 14:39 | Report Abuse

50mil shares traded after 2.30pm more to come