aeon is still paying dividend and profitable :)

usually alternate day, the volume will surge, observe tomorrow :) but next monday is the last day b4 egm on july 14

Recent Prices
Date Open Range Close Change Volume
08/07/2020 0.025 0.025 - 0.035 0.035 +0.005 (16.67%) 91,541,000
07/07/2020 0.03 0.025 - 0.03 0.03 0.00 (0.00%) 7,357,900
06/07/2020 0.03 0.03 - 0.035 0.03 +0.005 (20.00%) 52,999,700

MD at 40 years old, surely wanted to prove himself to the world :)

They managed money carefully like their own money :)

@Diego2020 yep, almost 14million cash on hand, No borrowings, No Debt... 4.4million net income for 1QF20, Revenue increased up to 366% from 5.525mil to 20.232million...
09/07/2020 4:31 PM

:)

The growing Japanese-owned retail company was navigating itself through the tough Malaysian retail environment until it hit upon its success formula with the opening of its store in One Utama in 1995. That formula was replicated throughout its other stores and has been the foundation for its success today.

Along with the spillover effect from the lower OPR, has seen the traditional defensive stocks such as Aeon Co (M) Bhd, investors especially EPF became more confident over the financial prospects for one of the country's largest retailing groups and continues to buy more and more aeon shares recently .

EPF is now favouring this stock because of its earnings prospects.

Consumer spending has started increasing and this counter is a proxy to consumer spending.

ROBUST consumer spending and improved sentiment arising from the implementation of the stimulus package during the pandemic.

enough stake to get the proposals approved during EGM? :)

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

Tunggu meletup macam rocket Saja

Makin seronok

~20 juta saham didagangkan :)

Dbe essential Products. Ayam n affordable housing

Sudden surge boleh berlaku bila2 masa

Ayam biz untung , perumahan mampu Beli untung . Up up up :)

~300mil shares traded within such a short period. Really interesting:)

Date Close Volume
08/07/2020 0.035 91,541,000
07/07/2020 0.03 7,357,900
06/07/2020 0.03 52,999,700
03/07/2020 0.025 128,700
02/07/2020 0.03 1,024,700
01/07/2020 0.03 1,291,500
30/06/2020 0.025 338,000
29/06/2020 0.025 280,000
26/06/2020 0.03 1,242,700
25/06/2020 0.03 1,111,000
24/06/2020 0.03 47,376,300
23/06/2020 0.03 82,520,200

terbukti :)

08-Jul-2020 Price Target AirAsia - PN17 triggered, but given 12-month grace period
Source : AmInvest, Price Call : SELL, Price Target : 0.41
Last Price : 0.705, Upside/Downside : -0.295(41.84%)

Dbe warrant at 1 Sen , exercise price at 5se. Also 4mil units + traded today ;)

Date Close Volume

08/07/2020. 0.01. 4,005,000
07/07/2020 0.005 695,600
06/07/2020 0.005 35,700
03/07/2020 0.005 0
02/07/2020 0.005 73,000
01/07/2020 0.005 500,000
30/06/2020 0.005 321,700
29/06/2020 0.01 18,000
26/06/2020 0.01 5,000
25/06/2020 0.005 2,121,100
24/06/2020 0.01 305,800
23/06/2020 0.005 51,000
22/06/2020 0.005 975,000
19/06/2020 0.005 101,100
18/06/2020 0.005 5,540,000
17/06/2020 0.005 0
16/06/2020 0.005 200
15/06/2020 0.005 80,000
12/06/2020 0.005 180,000
11/06/2020 0.005 18,500
10/06/2020 0.01 1,287,000

Pokok tak Kan bergoyang jika takda angin. Angin Dah datang :)

GREAT!

Date Close Volume
ESOK. $? :)
08/07/2020 0.035. 91,541,000
07/07/2020 0.03 7,357,900
06/07/2020 0.03 52,999,700
03/07/2020 0.025 128,700
02/07/2020 0.03 1,024,700
01/07/2020 0.03 1,291,500
30/06/2020 0.025 338,000
29/06/2020 0.025 280,000
26/06/2020 0.03 1,242,700
25/06/2020 0.03 1,111,000
24/06/2020 0.03 47,376,300
23/06/2020 0.03 82,520,200
22/06/2020 0.03 2,062,500
19/06/2020 0.03 2,757,100
18/06/2020 0.03 995,400
17/06/2020 0.03 416,000
16/06/2020 0.03 2,558,000
15/06/2020 0.025 2,040,500
12/06/2020 0.03 1,881,900
11/06/2020 0.03 808,000
10/06/2020 0.03 2,025,000

VWAP price >3sen+ good start

profit Q1,2020 dah melebihi 50% drp keseluruhan untung tahun 2019 :) naik dengan dahsyat!


Rising profitability :)


Monday, 15 Jun 2020


5:35PM DBE 1Q net profit 4.359 million



Wednesday, 26 Feb 2020


5:03PM DBE Financial year end net profit 7.691 million

i think doh family or friendly party will buy more before the egm selesa, minggu depan

loss making company like xox from 1 sen to 6.5sen. this is a profitable co... should rise further.. mgo price semasa rugi dalam tahun 2018 juga 3.5sen, tapi ditolak oleh shareholders :)

share buyback is possible, a profitable co, distribute share as dividend instead of cash

TP terendah 41sen saja :)

07/07/2020 0.865 0.41 -0.455 (52.60%) SELL AmInvest

i think below 70sen hari, fund mgrs akan tutup position.. jika tak buat, kena nanti, bukan?

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

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.

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.

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

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

Wednesday, 8 Jul 2020

9:08AM AIRASIA AUDIT REPORT - MODIFIED OPINION / MATERIAL UNCERTAINTY RELATED TO GOING

9:02AM AIRASIA 1Q net loss 953.324 million

Price n volume could rise further as mgo at 3.5sen failed 2 years ago

Date Close Volume

July 7. ??????
06/07/2020 0.03 52,999,700
03/07/2020 0.025 128,700
02/07/2020 0.03 1,024,700
01/07/2020 0.03 1,291,500
30/06/2020 0.025 338,000
29/06/2020 0.025 280,000
26/06/2020 0.03 1,242,700
25/06/2020 0.03 1,111,000
24/06/2020 0.03 47,376,300
23/06/2020 0.03 82,520,200
22/06/2020 0.03 2,062,500
19/06/2020 0.03 2,757,100
18/06/2020 0.03 995,400
17/06/2020 0.03 416,000
16/06/2020 0.03 2,558,000
15/06/2020 0.025 2,040,500
12/06/2020 0.03 1,881,900
11/06/2020 0.03 808,000
10/06/2020 0.03 2,025,000
09/06/2020 0.03 18,588,000

Would the volume traded rise further today?

Date Price Target Source News
26/06/2020 0.70 MIDF Price Target News
26/06/2020 0.60 KENANGA Price Target News
26/06/2020 0.67 AmInvest Price Target News

Quite low now

Date Close
03/07/2020 0.62
02/07/2020 0.62
01/07/2020 0.635
30/06/2020 0.62
29/06/2020 0.61
26/06/2020 0.63
25/06/2020 0.655
24/06/2020 0.66
23/06/2020 0.655
22/06/2020 0.675
19/06/2020 0.675
18/06/2020 0.69
17/06/2020 0.695
16/06/2020 0.685
15/06/2020 0.67
12/06/2020 0.705
11/06/2020 0.71
10/06/2020 0.745
09/06/2020 0.75

Market Cap: 85 Million
NOSH: 2,837 Million

25:1 - NOSH~113.48 mil shares only after consolidation

It could surge or accelerate anytime before the EGM :)


Recent Prices
Date Open Range Close Change Volume

TODAY* 0.03 +0.005 (20.00%) 0.03 - 0.035 52,979,700

03/07/2020 0.03 0.025 - 0.03 0.025 -0.005 (16.67%) 128,700
02/07/2020 0.03 0.025 - 0.03 0.03 0.00 (0.00%) 1,024,700
01/07/2020 0.025 0.025 - 0.03 0.03 +0.005 (20.00%) 1,291,500
30/06/2020 0.03 0.025 - 0.03 0.025 0.00 (0.00%) 338,000
29/06/2020 0.03 0.025 - 0.03 0.025 -0.005 (16.67%) 280,000
26/06/2020 0.03 0.025 - 0.03 0.03 0.00 (0.00%) 1,242,700
25/06/2020 0.03 0.025 - 0.03 0.03 0.00 (0.00%) 1,111,000
24/06/2020 0.03 0.025 - 0.03 0.03 0.00 (0.00%) 47,376,300
23/06/2020 0.03 0.03 - 0.035 0.03 0.00 (0.00%) 82,520,200
22/06/2020 0.03 0.03 - 0.03 0.03 0.00 (0.00%) 2,062,500
19/06/2020 0.03 0.025 - 0.03 0.03 0.00 (0.00%) 2,757,100
18/06/2020 0.025 0.025 - 0.03 0.03 0.00 (0.00%) 995,400
17/06/2020 0.03 0.03 - 0.03 0.03 0.00 (0.00%) 416,000
16/06/2020 0.03 0.025 - 0.03 0.03 +0.005 (20.00%) 2,558,000
15/06/2020 0.025 0.025 - 0.03 0.025 -0.005 (16.67%) 2,040,500
12/06/2020 0.025 0.025 - 0.03 0.03 0.00 (0.00%) 1,881,900
11/06/2020 0.03 0.025 - 0.03 0.03 0.00 (0.00%) 808,000
10/06/2020 0.03 0.025 - 0.03 0.03 0.00 (0.00%) 2,025,000
09/06/2020 0.03 0.025 - 0.03 0.03 +0.005 (20.00%) 18,588,000

off open market or direct biz transaction 2.7sen to 3.5sen, the lowest base for this share should be3sen. with so much = development, very likely, it will rise further before determining the price for the private placement as this is a profitable company :)

History - direct biz transaction in 2020

Date Price Change Dir-Volume Day Volume Dir-Value Day Value Avg Price % of Total Share Remarks
10/06/2020 00:00:00 0.0270 -0.0030 9.250m 18.500m 249,750 499,500 0.0270 0.3260 -
10/06/2020 00:00:00 0.0270 -0.0030 9.250m 18.500m 249,750 499,500 0.0270 0.3260 -
16/04/2020 00:00:00 0.0350 0.0050 7.700m 7.700m 269,500 269,500 0.0350 0.2714 -
13/04/2020 00:00:00 0.0350 0.0100 6.000m 8.700m 210,000 304,500 0.0350 0.2115 -
13/04/2020 00:00:00 0.0350 0.0100 2.700m 8.700m 94,500 304,500 0.0350 0.0952 -
07/02/2020 00:00:00 0.0270 -0.0030 18.000m 18.000m 486,000 486,000 0.0270 0.6721 -

at 3-3.5sen now, 25 shares to be consolidated into 1 share ~ 75sen to 87.5sen... possible after consolidation, above RM1. very profitable biz .. look at the profitability after doh family became the dominant shareholder

EREIN) (“PROPOSED AMENDMENTS”); AND
(V) PROPOSED PRIVATE PLACEMENT OF UP TO 135,000,000 NEW CONSOLIDATED SHARES AT AN ISSUE PRICE TO BE DETERMINED
AND TO PLACEE(S) TO BE IDENTIFIED AT A LATER STAGE
(COLLECTIVELY REFERRED TO AS THE “PROPOSALS”)
PART B
INDEPENDENT ADVICE LETTER FROM MERCURY SECURITIES TO THE NON-INTERESTED SHAREHOLDERS OF DBE IN RELATION TO
THE PROPOSED ACQUISITIONS AND THE PROPOSED EXEMPTION
PART C
PROPOSED CHANGE OF NAME OF THE COMPANY FROM “D.B.E. GURNEY RESOURCES BERHAD” TO “LAGENDA PROPERTIES
BERHAD” (“PROPOSED CHANGE OF NAME”)
AND
NOTICE OF EXTRAORDINARY GENERAL MEETING
Adviser for Part A Independent Adviser for Part B
AmInvestment Bank Berhad
Registration No. 197501002220 (23742-V)
(A Participating Organisation of Bursa Malaysia Securities Berhad)
MERCURY SECURITIES SDN BHD
Registration No. 198401000672 (113193-W)
(A Participating Organisation of Bursa Malaysia Securities Berhad)
This Circular is dated 22 June 2020
THIS CIRCULAR IS IMPORTANT AND REQUIRES YOUR IMMEDIATE ATTENTION.
If you are in any doubt as to the course of action to be taken, you should consult your stockbroker, bank manager, solicitor, accountant or other
professional adviser immediately.
The sections pertaining to the Proposed Amendments (as defined herein) and the Proposed Change of Name (as defined herein) are prescribed
as exempt documents pursuant to Practice Note 18 of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad (“Bursa
Securities”) and do not require the perusal of Bursa Securities prior to issuance. Bursa Securities has not perused the sections pertaining to the
Proposed Amendments, the Proposed Change of Name and the Proposed Exemption (as defined herein).
Shareholders should rely on their own evaluation to assess the merits and risks of the Proposals (as defined herein) and the Proposed Change
of Name. Bursa Securities takes no responsibility for the contents of this Circular and valuation certificate, makes no representation as to its
accuracy or completeness and expressly disclaims any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or
any part of the contents of this Circular.
Pursuant to Paragraph 4.08(3)(g) of the Rules on Take-overs, Mergers and Compulsory Acquisitions (“Rules”), the Securities Commission
Malaysia (“SC”) has notified that it has no further comments to the contents of the independent advice letter (“IAL”) for the Proposed Exemption.
However, such notification shall not be taken to suggest that the SC agrees with the recommendation of the independent adviser or assumes
responsibility for the correctness of any statements made or opinions or reports expressed in the IAL for the Proposed Exemption.
The resolution in respect of the Proposals and the Proposed Change of Name will be tabled at the Extraordinary General Meeting (“EGM”) of
DBE which will be held fully virtual and entirely via remote participation and voting at the Broadcast Venue: Level 1, Conference Room, No.131,
Persiaran PM2/1, Pusat Bandar Seri Manjung, Seksyen 2, 32040 Seri Manjung, Perak Darul Ridzuan, on Tuesday, 14 July 2020 at 11.30 a.m. or
at any adjournment thereof. The Notice of the EGM together with the Proxy Form, Administrative Guide for Shareholders and this Circular are
available at the Company’s website at www.dbegurney.com.
The Proxy Form should be completed and deposited at the Registered Office of the Company at No. 54-4-8, Wisma Sri Mata, Jalan Van Praagh,
11600 Penang or submitted electronically through https://web.vote2u.app, not less than forty-eight (48) hours before the time for holding the EGM
or at any adjournment thereof. Please follow the procedures provided in the Administrative Guide for Shareholders for the EGM in order to register,
participate and vote remotely.
Last date and time for lodging the Form of Proxy : Sunday, 12 July 2020 at 11:30 a.m.
Date and time of the EGM : Tuesday, 14 July 2020 at 11:30 a.m.

D.B.E. GURNEY RESOURCES BERHAD
Registration No: 200101000008 (535763-A)
(Incorporated in Malaysia)
CIRCULAR TO SHAREHOLDERS IN RELATION TO THE:-
PART A
(I) PROPOSED CONSOLIDATION OF EVERY TWENTY-FIVE (25) EXISTING ORDINARY SHARES IN D.B.E. GURNEY RESOURCES
BERHAD (“DBE” OR “COMPANY”) (“DBE SHARES” OR “SHARES”) INTO ONE (1) DBE SHARE (“CONSOLIDATED SHARE”) HELD
ON AN ENTITLEMENT DATE TO BE DETERMINED LATER;
(II) PROPOSED ACQUISITIONS (AS DEFINED HEREIN);
(III) PROPOSED EXEMPTION UNDER PARAGRAPH 4.08(1)(A) OF THE RULES ON TAKE-OVERS, MERGERS AND COMPULSORY
ACQUISITIONS TO BE SOUGHT BY LAGENDA LAND SDN BHD AND ITS PERSONS ACTING IN CONCERT (“PACS”) FROM THE
OBLIGATION TO UNDERTAKE A MANDATORY TAKE-OVER OFFER TO ACQUIRE THE REMAINING DBE SHARES AND EXISTING
FIVE-YEAR WARRANTS (2017/2022) CONSTITUTED BY THE DEED POLL DATED 20 JANUARY 2017, EXPIRING ON 22 JANUARY 2022
NOT ALREADY OWNED BY LAGENDA LAND SDN BHD AND ITS PACS UPON THE COMPLETION OF THE PROPOSED ACQUISITIONS
(“PROPOSED EXEMPTION”);
(IV) PROPOSED AMENDMENTS TO THE CON

a very profitable company. a turnaround story. impressive!!!!

DBE Quarter Report History
Date Financial
Year No. Financial
Quarter Revenue
(RM,000) PBT (RM,000) Net Profit
(RM,000) EPS (Cent) Dividend
(Cent) NTA
(RM) YoY
(%)
15 Jun 2020 31 Dec 2020 1 31 Mar 2020 20,232 5,776 4,359 0.16 0.00 0.030 Malaysia Stock - KLSE Quarter Report History 2912%
26 Feb 2020 31 Dec 2019 4 31 Dec 2019 24,260 5,364 2,557 0.10 0.00 0.020 Malaysia Stock - KLSE Quarter Report History 116%
25 Nov 2019 31 Dec 2019 3 30 Sep 2019 48,557 6,001 4,637 0.17 0.00 0.020 Malaysia Stock - KLSE Quarter Report History 228%
26 Aug 2019 31 Dec 2019 2 30 Jun 2019 48,014 1,038 652 0.02 0.00 0.020 Malaysia Stock - KLSE Quarter Report History 124%
27 May 2019 31 Dec 2019 1 31 Mar 2019 28,283 527 -155 -0.01 0.00 0.020 Malaysia Stock - KLSE Quarter Report History 97%

new shareholders with rising profitability :)

Shareholding Changes
Date of change Shares Director/
Substantial Shareholder
11 Feb 2020 Other
939,280,220 DATO' DOH JEE CHAI
02 Dec 2019 Disposed
51,514,864 DATO' DING SENG HUAT
02 Dec 2019 Disposed
79,388,510 DATO' DING SENG HUAT
26 Oct 2018 Acquired
380 MADAM FOO KWAI KHENG
03 Oct 2018 Acquired
730,900 DOH PROPERTIES HOLDINGS SDN BHD
03 Oct 2018 Acquired
730,900 SETIA AWAN PLANTATION SDN BHD
03 Oct 2018 Acquired
730,900 DATO' DOH JEE MING
03 Oct 2018 Acquired
730,900 DATO' DOH JEE MING
03 Oct 2018 Acquired
730,900 DATO' DOH JEE CHAI
03 Oct 2018 Acquired
730,900 DATO' DOH TEE LEONG

hope impatient traders would close their positions and longer term investors to take over their shares :)

History -Direct Biz Transactions from May 2020 till Now (Interesting)

Date Price Change Dir-Volume Day Volume Dir-Value Day Value Avg Price % of Total Share Remarks
02/07/2020 00:00:00 0.5200 -0.0050 200,000 200,000 104,000 104,000 0.5200 0.0198 -
29/06/2020 00:00:00 0.6400 0.0950 653,100 3.427m 417,984 2.193m 0.6400 0.0647 -
29/06/2020 00:00:00 0.6400 0.0950 651,400 3.427m 416,896 2.193m 0.6400 0.0646 -
29/06/2020 00:00:00 0.6400 0.0950 518,500 3.427m 331,840 2.193m 0.6400 0.0514 -
29/06/2020 00:00:00 0.6400 0.0950 1.129m 3.427m 722,688 2.193m 0.6400 0.1119 -
29/06/2020 00:00:00 0.6400 0.0950 474,500 3.427m 303,680 2.193m 0.6400 0.0470 -
26/06/2020 00:00:00 0.6400 0.0750 450,000 13.645m 288,000 8.796m 0.6447 0.0446 -
26/06/2020 00:00:00 0.6400 0.0750 2.901m 13.645m 1.856m 8.796m 0.6447 0.2875 -
26/06/2020 00:00:00 0.6400 0.0750 4.050m 13.645m 2.592m 8.796m 0.6447 0.4014 -
26/06/2020 00:00:00 0.7200 0.1550 450,000 13.645m 324,000 8.796m 0.6447 0.0446 -
26/06/2020 00:00:00 0.7200 0.1550 350,000 13.645m 252,000 8.796m 0.6447 0.0347 -
26/06/2020 00:00:00 0.6400 0.0750 397,000 13.645m 254,080 8.796m 0.6447 0.0393 -
26/06/2020 00:00:00 0.6400 0.0750 936,000 13.645m 599,040 8.796m 0.6447 0.0928 -
26/06/2020 00:00:00 0.6400 0.0750 923,000 13.645m 590,720 8.796m 0.6447 0.0915 -
26/06/2020 00:00:00 0.6400 0.0750 694,000 13.645m 444,160 8.796m 0.6447 0.0688 -
26/06/2020 00:00:00 0.6400 0.0750 283,800 13.645m 181,632 8.796m 0.6447 0.0281 -
26/06/2020 00:00:00 0.6400 0.0750 1.399m 13.645m 895,360 8.796m 0.6447 0.1387 -
26/06/2020 00:00:00 0.6400 0.0750 811,000 13.645m 519,040 8.796m 0.6447 0.0804 -
24/06/2020 00:00:00 0.6700 -0.0050 868,000 868,000 581,560 581,560 0.6700 0.0860 -
22/06/2020 00:00:00 0.6700 -0.0200 13.000m 13.000m 8.710m 8.710m 0.6700 1.2888 -
19/06/2020 00:00:00 0.8000 0.1050 20.000m 60.000m 16.000m 48.000m 0.8000 1.9827 -
19/06/2020 00:00:00 0.8000 0.1050 20.000m 60.000m 16.000m 48.000m 0.8000 1.9827 -
19/06/2020 00:00:00 0.8000 0.1050 20.000m 60.000m 16.000m 48.000m 0.8000 1.9827 -
18/06/2020 00:00:00 0.8000 0.0900 20.000m 40.000m 16.000m 32.000m 0.8000 1.9833 -
18/06/2020 00:00:00 0.8000 0.0900 10.000m 40.000m 8.000m 32.000m 0.8000 0.9916 -
18/06/2020 00:00:00 0.8000 0.0900 3.000m 40.000m 2.400m 32.000m 0.8000 0.2975 -
18/06/2020 00:00:00 0.8000 0.0900 3.000m 40.000m 2.400m 32.000m 0.8000 0.2975 -
18/06/2020 00:00:00 0.8000 0.0900 2.000m 40.000m 1.600m 32.000m 0.8000 0.1983 -
18/06/2020 00:00:00 0.8000 0.0900 1.000m 40.000m 800,000 32.000m 0.8000 0.0992 -
18/06/2020 00:00:00 0.8000 0.0900 1.000m 40.000m 800,000 32.000m 0.8000 0.0992 -
17/06/2020 00:00:00 0.8000 0.1200 5.000m 10.000m 4.000m 8.000m 0.8000 0.4967 -
17/06/2020 00:00:00 0.8000 0.1200 5.000m 10.000m 4.000m 8.000m 0.8000 0.4967 -
16/06/2020 00:00:00 0.7000 0.0400 3.245m 3.445m 2.271m 2.412m 0.7003 0.3231 -
16/06/2020 00:00:00 0.7050 0.0450 200,000 3.445m 141,000 2.412m 0.7003 0.0199 -
05/06/2020 00:00:00 0.7100 - 1.690m 3.866m 1.200m 2.745m 0.7100 0.1769 -
05/06/2020 00:00:00 0.7100 - 854,700 3.866m 606,837 2.745m 0.7100 0.0895 -
05/06/2020 00:00:00 0.7100 - 1.321m 3.866m 938,052 2.745m 0.7100 0.1383 -
02/06/2020 00:00:00 0.7700 -0.0800 2.214m 4.014m 1.704m 3.090m 0.7700 0.2362 -
02/06/2020 00:00:00 0.7700 -0.0800 1.800m 4.014m 1.386m 3.090m 0.7700 0.1920 -
01/06/2020 00:00:00 0.9300 0.0950 500,000 500,000 465,000 465,000 0.9300 0.0533 -
22/05/2020 00:00:00 1.1400 0.1700 1.635m 5.904m 1.864m 6.730m 1.1400 0.1747 -
22/05/2020 00:00:00 1.1400 0.1700 4.269m 5.904m 4.867m 6.730m 1.1400 0.4561 -
21/05/2020 00:00:00 1.1000 0.0900 1.000m 2.600m 1.100m 2.860m 1.1000 0.1068 -
21/05/2020 00:00:00 1.1000 0.0900 1.600m 2.600m 1.760m 2.860m 1.1000 0.1709 -
19/05/2020 00:00:00 1.3000 -0.1400 1.069m 1.069m 1.390m 1.390m 1.3000 0.1142 -
18/05/2020 00:00:00 1.0000 -0.2100 1.718m 1.718m 1.718m 1.718m 1.0000 0.1836 -

Good, stabilised at 52sen


Date Close Volume
03/07/2020 0.52 17,293,200
02/07/2020 0.52 44,511,400
01/07/2020 0.525 81,453,400
30/06/2020 0.50 28,031,900
29/06/2020 0.515 28,597,500
26/06/2020 0.545 38,328,700
25/06/2020 0.565 91,827,400
24/06/2020 0.62 83,504,200
23/06/2020 0.675 73,776,400
22/06/2020 0.685 104,867,500
19/06/2020 0.69 49,813,800
18/06/2020 0.695 56,979,600
17/06/2020 0.71 177,428,900
16/06/2020 0.68 38,476,300
15/06/2020 0.66 84,534,200
12/06/2020 0.69 55,000,900
11/06/2020 0.70 44,723,200
10/06/2020 0.71 46,235,900
09/06/2020 0.71 88,030,400

As Malaysia is transforming towards a digital society, more and more people are riding on a cashless journey. At present, KiplePay serves as an e-wallet for the business-to-business-to consumer segment (‘B2B2C’) whereas KipleBiz serves as a payment gateway for business-to-business segment (‘B2B’).

The Company conducted a few corporate exercises and business activities in FYE2019 as follow:

Green Packet entered into a Memorandum of Understanding (“MOU”) with Bank Islam Malaysia Berhad (“Bank Islam”) in July 2019 in which both parties work together in providing e-payment and cashless payment services. Progressing from that, on 17 February 2020, we launched KipleUNI, a key partnership programme

On 10 September 2019, the Company announced a proposed placement of new ordinary shares (“Placement Shares”) in the Company representing up to 10% of the issued and paid-up share capital of the company (“Proposed Placement”) to Bursa Malaysia Securities Berhad. Bursa Malaysia Securities Berhad had in its letter dated 25 September 2019 approved the listing and quotation of up to 135,182,314 Placement Shares to be issued pursuant to the Proposed Placement. The Company is targeting to implement the proposed placement in the third quarter of 2020.

The Company also entered into a strategic partnership with China Mobile which enabled us to promote, sell to leverage each other’s expertise, resources, and technology capabilities to develop innovations in digital services.
On top of that, Kiplepay Sdn Bhd (“KiplePay”), a wholly-owned subsidiary of Green Packet, became the one of Malaysia’s (“BNM”) approval on 22 January 2020. This solution allows businesses to set up their e-wallet while eliminating the high cost and long lead time of developing an e-wallet. Coupled with a payment gateway where it will provide a new revenue stream for the Group.

Under telco, still have remaining stake in P1, not fully sold to Tm

Expecting a V shape recovery in GP share price soon

Expecting gp to rebound Strongly as tech stock with a lot of potential after egm and new substantial shareholder confirmed :)