huh !? what kind of announcement ? you think the stock will move bcos of the annoucement !? You all got trapp almost 3 years still sleeep in cave arh ???
The Board of Directors of DGSB wishes to announce that on 28 June 2019, DGSB has entered into a share sale agreement with Chong Kuet Yoon @ Chong Kok Hoong for the purchase of 100,000 ordinary shares in QBI (“QBI Shares”), equivalent to 50.0% equity interest in QBI, for a total cash consideration of RM750,000 (“Acquisition of QBI”).
On the same day, DGSB had :-
(a) subscribed for 133,330 new ordinary shares at RM7.50 each in QBI, for a total cash consideration of RM999,975.00. (“Subscription of QBI Shares”) (b) entered into a Shareholders Agreement with Chang Goh Hoo to regulate the conducts, rights and obligations of the parties as shareholders of QBI. (Collectively referred to the “Proposals”) DGSB will hold 70.0% equity interest in QBI after the completion of the Proposals.
QBI was incorporated in Malaysia on 28 March 2006 under the Companies Act, 1965. It is principally involved in the food and contract manufacturing. As at 27 June 2019, being the latest practicable date preceding the date of this announcement (“LPD”), the issued share capital of QBI is RM200,000 comprising 200,000 ordinary shares.
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....
RX350
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Posted by RX350 > 2019-06-04 09:44 | Report Abuse
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