General Announcement for PLC
01/09/2021PARAGRAPH/RULE 8.03A COMPANIES : MONTHLY ANNOUNCEMENT
DIVERSIFIED GATEWAY SOLUTIONS BERHAD |
Type | Announcement |
Subject | PARAGRAPH/RULE 8.03A COMPANIES MONTHLY ANNOUNCEMENT |
Description | DIVERSIFIED GATEWAY SOLUTIONS BERHAD ("DGSB" OR "COMPANY") MONTHLY ANNOUNCEMENT PURSUANT TO RULE 8.03A OF THE ACE MARKET LISTING REQUIREMENTS OF BURSA MALAYSIA SECURITIES BERHAD ("LISTING REQUIREMENTS") |
Reference is made to the Company’s first announcement dated 6 January 2020 in relation to the Company being classified as an affected listed corporation pursuant to Rule 8.03A of the Listing Requirements (“First Announcement”) and the subsequent monthly announcements dated 3 February 2020, 2 March 2020, 1 April 2020, 4 May 2020, 1 June 2020, 1 July 2020, 3 August 2020, 1 September 2020, 1 October 2020, 2 November 2020, 1 December 2020, 4 January 2021, 2 February 2021, 1 March 2021, 1 April 2021, 3 May 2021, 1 June 2021, 1 July 2021 and 2 August 2021.
On behalf of the Board of Directors of DGSB, M & A Securities Sdn Bhd wishes to inform that DGSB had on 30 October 2020 announced that the Company proposed to undertake an investment, via a 60% owned subsidiary, which will result in the Company controlling a 50.1% equity interest in Duramitt Sdn Bhd (“Duramitt”), a company principally involved in the manufacturing and trading of industrial and specialised gloves, as well as medical examination gloves. Please refer to the announcement dated 30 October 2020 for further details. The shareholders of DGSB have resolved to approve the relevant proposals at the Extraordinary General Meeting (“EGM”) convened on 22 April 2021. However, the parties have mutually agreed to terminate the SSSA dated 29 October 2020, by way of a termination agreement dated 30 July 2021.
This announcement is dated 1 September 2021.
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Announcement Info
Company Name | DIVERSIFIED GATEWAY SOLUTIONS BERHAD |
Stock Name | DGSB |
Date Announced | 01 Sep 2021 |
Category | General Announcement for PLC |
Reference Number | GA1-01092021-00059 |