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2021-03-29 22:20 | Report Abuse
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.
2021-03-02 21:30 | Report Abuse
KUALA LUMPUR (Feb 10): Permaju Industries Bhd today entered into a conditional share sale agreement with Chai Kim Chong to acquire 600,000 ordinary shares in Hardie Development Sdn Bhd representing 30% equity interest for RM21.8 million.
Hardie is an existing 70%-owned subsidiary of Permaju.
In a filing with Bursa Malaysia today, Permaju has also proposed to undertake a private placement of up to 182,410,000 new ordinary shares representing 30% of its existing total number of issued shares to independent third-party investors to be identified later.
Permaju said Hardie is a property developer currently developing the Princess Heights Project in Sabah and upon completion of the acquisition, Hardie will become a wholly-owned subsidiary of the company.
“Thus, the acquisition will allow us to fully consolidate its interest in Hardie. In turn, this allows the company to derive all the future benefits that may be accrued from the ongoing development of the Princess Heights Project which is expected to enhance the future profitability and cash flow of the group,” it said.
Meanwhile, the proceeds raised from the proposed private placement will be utilised mainly for the settlement of the purchase consideration.
Upon completion of the proposed private placement, the enlarged capital base is also expected to further strengthen the financial position of the company, it said.
Moving forward, Permaju intends to focus on the development of the Princess Heights Project and the launch of its luxury car rental business as part of its effort to continuously enhance its business performance, maximise shareholders’ value and improve its financial position.
2021-03-02 17:55 | Report Abuse
hari ni test power je.. esok test...tos..lah
2021-02-25 07:34 | Report Abuse
sulah lama dinanti natikan... halap blh diharaplhhh
2021-02-24 21:23 | Report Abuse
hailan.. bin ajaib ini bisnes.. diam2 manyak untung.... halap blh diharaplhhh...
2021-02-10 21:36 | Report Abuse
rugi sapa yg xambil time ni.. saya jamin ni counter sedang membuat plan
strategi....
2021-02-09 20:51 | Report Abuse
ya... is move goreng lagi....
2021-01-21 06:20 | Report Abuse
PERMAJU GLOVE INDUSTRIES BHD (PGIB)
2020-09-30 07:27 | Report Abuse
selagi corvid kat sabah xselesai kemungkinan mengambil masa yg panjang utk terbang...
2020-09-27 15:10 | Report Abuse
bulan ni xda bergerak.. bulan depan baru on.. ini counter...
2020-09-07 18:29 | Report Abuse
lepas pilihan sabah bah...! baru up ini counter
2020-09-03 05:23 | Report Abuse
today permaju continue..... run...
2020-08-29 18:52 | Report Abuse
win..... next weeks goreng...
2020-08-29 14:41 | Report Abuse
kena tunggu pilihan raya sabah dlu tu... baru blh gerak....
2020-07-26 07:08 | Report Abuse
bila lgi klo xambik skarg ni... ini klo naik laju bohhh...
Stock: [PERMAJU]: PERMAJU INDUSTRIES BHD
2021-04-04 10:28 | Report Abuse
xpayah tggu... dah blh join skrg.. ni counter klo die goreng laju...