cakap gila this week 1.00....if so sure why don't u go to the bank and ask them u want a bank loan of a few millions and within 1 week will return back the money.see what the bank will tell u....hahaha
Proposed Private Placement is the most appropriate avenue of fund raising as the Proposed Private Placement:- (i) will enable the Group to increase the Bumiputera shareholdings in Datasonic; (ii) will enable the Group to raise additional funds to finance its existing and future projects without incurring additional financing costs as compared to conventional bank borrowings; (iii) will enable the Group to improve its liquidity and financial flexibility by strengthening its financial position. The repayment of bank borrowings via the proceeds to be raised from the Proposed Private Placement will improve the Group’s gearing position (the effect on the proforma gearing is set out in Section 6.3 of this announcement) and allow for greater flexibilities arising from the estimated annual interest savings of approximately RM3.24 million (as set out in Section 3(a) of this announcement) for the Group’s future business needs, if required; and (iv) will enable the Company to further strengthen its equity base.
Bumiputera shareholder—> Urusharta Jamaah Sdn Bhd ???
Alot of self imagination investors dreaming to become millionaire overnight . I assume when reach 60 cents hell break loose and all run like no 2morrow . Many still get trap at the range of 64 cents so when reach that particular price profits taking may set in to push down the price again .
Small Gap up for today definitely is the positive sign or hint. . No need to guess here guess there..this stock sure fly to 0.75, then have some correction before flying to rm1..
As i know, Big shark are monitoring couter here.. Fear creating by them last few weeks was meant to let yoi guys throw tour ticket.. And starting from tomorow, forum. Here will flood. In all good os news to push the price to 0.75
Opps.. I am on my way to consume my medicine.. Bye all
KUALA LUMPUR (March 29): Datasonic Group Bhd’s two largest shareholders have resigned from the board of the ICT solutions provider, its filings showed today.
In its filing to Bursa Malaysia, Datasonic said deputy managing director Chew Ben Ben and non-executive director Datuk Razali Mohd Yusof have resigned, effective today.
Chew owns a direct stake of 19.32% in Datasonic, and an indirect interest of 0.03%, while Razali holds 16.77% in Datasonic. Urusharta Jamaah Sdn Bhd is the third largest shareholder in Datasonic with a 9.29% stake.
Chew, 64, has served the role for 10 years, according to Bloomberg data. Chew resigned from Datasonic “to further studies for self-improvement and pursue personal interest”, company filing showed. His resignation comes on the heels of a corruption proceeding on March 18 involving himself and an offshore vessel support company in which he once served as director. Chew has pleaded not guilty.
Chew’s role will be taken over by 43-year-old Chia Kok Kuang, who was listed on Datasonic’s website as its head of chip operating system and application department. “Mr Chia has ventured into a broad range of engineering and software realms throughout his 18 years of career development,” Datasonic said in its filing. Chia specializes in security and identity technology and is responsible for leading the R&D department on design and development of solutions related to identity management, border control, deep learning, and biometric technologies, among others, it added.
Meanwhile, Razali, 62, quit the board “to pursue other interests”. Razali’s alternate director Safian Mohd Yunus, meanwhile was appointed executive director in Datasonic.
Safian, an IT engineer by training, served companies like MCI Worldcom, Sprint Corp and Jaring in the early days of his career. He was also involved in planning of the TPMNet network migration activities, Datasonic said. Safian holds a 4.29% indirect interest in Datasonic.
Shares of Datasonic traded up 4.5 sen or 8.57% to close at 57 sen today, giving the company a market capitalisation of RM1.52 billion.
Please la kasi chance to CBB To further studies for self improvement and pursue personal interest....he will come bc later and MAKE DSONIC GREAT AGAIN !!!
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....
KAQ4468
21,497 posts
Posted by KAQ4468 > 2021-03-29 10:24 | Report Abuse
Ini kali lah