what sei. how come they sell million ringgits building without doing any valuation...something fishy with these taiwan owners . Sell very cheap-loh
With reference to our announcement dated June 10, 2014, the Board of Directors of Dufu Technology Corp. Berhad (“the Company” or “DUFU”) wishes to further inform the following:-
a) The cash proceeds of RM5,697,574/- arising from the Disposal was derived in the following manner:-
RM Disposal Consideration 6,014,000
Cash and cash equivalents in DDE (316,426)
Cash in flow from the Disposal 5,697,574
b) The net book value of the Property as at December 31, 2013 based on the latest Audited Financial Statements of DDE is RM18,724,452/-
c) The Company did not carry out any valuation on the Property.
d) The Disposal Consideration was arrived after taking into consideration of the following:-
i. the rationale for the Disposal;
ii. the original cost of investment amounting to RM3,000,000.00; and
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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....
Melvin G
601 posts
Posted by Melvin G > 2012-12-31 15:04 | Report Abuse
Dufu dufu dufu