good news ???

its is good??

The Company wishes to inform that its wholly-owned subsidiary, Orient Hibiscus Sdn Bhd (“OHSB”), has filed a member’s petition on 29 March 2018 to wind-up HiRex Petroleum Sdn Bhd (“HiRex”) (a company in which OHSB has a 41% shareholding).

OHSB’s petition, filed at the Kuala Lumpur High Court, seeks to wind-up HiRex on just and equitable grounds. Among others, OHSB notes that HiRex is no longer operationally active and there has been an irretrievable breakdown in the relationship among the shareholders of HiRex.

As previously disclosed, the Group’s investment in HiRex has been fully impaired in the financial year ended 30 June 2016. As such, the Group’s initiation of a proposed winding-up of HiRex will not have any material financial impact to the Group.

For the avoidance of doubt, HiRex is not a subsidiary or a major associated company of the Company, and this announcement is made on a voluntary disclosure basis for information purposes only.



This announcement is dated 30 March 2018.

director bought 96k share at 1.84

just hold and hope this stock can go up ..

why not say 2 sens better ha ha

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5439821

真真假假，，，半分就可以卖了，还要一分。开玩笑
100k 起半分就赚500 。。

harumi harumi ...surami he he

ACP SOLD OUT ? THEN WHO IS BUYER ?

ACP = CAP AYAM ??

ACP

die

no eye see sell 4.5sens

trap trap trap aways tarped

no another 10 years ??

relax ...

5 days ago not people buy in ,i think that day buy in and sold out 300 millions

lazy see this counter,buy then better don wan see .......

The original will buy because he fell a lot, presumably will be on the back and wait wait wait wait WAIT WAIT WAITING WAITINT , the results of 4 yearsWAITING , and this is what I want to say, the sale N BUY is you all like.

4 year ++
REALLY WASTE TIME ,THIS SHARE I NOT AWAYS SEE ,BUTGOTGOOD NEWS GO SEE ONLY ....BUT GIVE WARRANT UNTIL NOW MANY COMMENT IS LAZY WAITING ............................................4 YEARS HA HA WASTE TIME N MONEY GONE

Hopefully all time barrier of 6/6sens will BREAK soon？really ha ha only got hope，To the end again sad again, can not get used to sad，I see before this, a lot of people have been sold, and now there is no good news, and before there is this person will not see, if I sold I do not see

who buy dbe then only get sad..The more people who buy the more sad, this stock did not hope. I think I should leave, every time there is good news, but every time sad，I have been here for four years. Missed

see is good news but share walk up or dwon

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DBE Gurney expands HARUMi chain to Sabah, eyes Taiwan, China next
By Samantha Ho / theedgemarkets.com | February 13, 2017 : 5:00 PM MYT
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KOTA KINABALU (Feb 13): Integrated poultry company DBE Gurney Resources Bhd will open two new HARUMi fast food restaurants in Sabah this year, as part of its plan to expand the local fried chicken brand across Southeast Asia, Taiwan and China.

Apart from restaurant formats, the group will open 19 kiosks and two food trucks in the state. This is part of its expansion plan to establish 3,000 kiosks, 300 food trucks and 30 HARUMi restaurants across Malaysia by 2018.

HARUMi was launched in October last year and has since grown to 200 kiosks and express outlets, three food trucks and three restaurants across Peninsular Malaysia.

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At the same time, DBE Gurney plans to set up new HARUMi restaurants in Taiwan and Chongqing, China, within the second quarter of this year, leveraging on the expertise of DBE Gurney's Taiwanese partner.

"In Taiwan itself, we target to open 10 restaurants this year," DBE Gurney group managing director Datuk Alex Ding Seng Huat told Malaysian journalists at the signing of a memorandum of understanding (MoU) with Koperasi Penggiat Seni Sabah Bhd (COSENI) here on Sunday.

He added that the group will set up a subsidiary in Taiwan to handle its international operations.

On Sunday, DBE Gurney's wholly-owned subsidiary DBE Poultry Sdn Bhd signed a MoU with COSENI, offering selected cooperative members to participate in the HARUMi business programme.

COSENI has so far committed to an initial investment sum of RM1 million for its members to purchase, promote and operate kiosks, food trucks and restaurants under the halal fried chicken franchise. The cooperative is a platform approved by Suruhanjaya Koperasi Malaysia that aims to improve living standards of its members through their involvement in small businesses.

Under the MoU, DBE Gurney will train the selected members to manage and operate the royalty-free HARUMi establishments while ensuring they adhere to HARUMi operating procedures.

"In the future, we hope to replicate the business model and success of HARUMi to other neighbouring countries such as Indonesia, Thailand, and Myanmar," said Ding.

DBE Gurney had previously engaged established Taiwanese firms and partners with regard to the development and marketing of HARUMi products.

The group is targeting HARUMi to contribute 30% to its revenue in the current financial year ending Dec 31, 2017 (FY17), while its existing core business of supplying fresh chicken to KFC Malaysia and QSR Foods is expected to contribute the remaining 70% to revenue.

HARUMi products currently have a profit margin of some 20% and have helped DBE Gurney to maintain profitability over the last three quarters, according to Ding.

For the nine months ended Sept 30, 2016, the group posted a net profit of RM1.18 million compared with a net loss of RM5.58 million, even though revenue fell 12.3% to RM83.93 million from RM95.71 million.

On concerns of the cost of obtaining fresh chicken meat in Sabah, Perak-based DBE Gurney is looking into partnerships with established local poultry farmers, he said.

The group also faces the risk of currency volatility as a large portion of its raw materials are imported, according to Ding.

DBE Gurney closed unchanged at 3.5 sen today, for a market capitalisation of RM40.65 million