General Announcement for PLC
02/11/2020PARAGRAPH/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, and 1 October 2020.
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, as part of its regularisation and diversification plan, proposed to undertake a transaction which involves a RM40.0 million investment which would result in the Company holding an 50.1% indirect interest in Duramitt Sdn Bhd, a company principally involved in the manufacturing and trading of industrial, specialised and medical examination gloves. Please refer to the announcement dated 30 October 2020 for further details. The above proposal is pending the relevant submission to the authorities and approval of the shareholders of DGSB.
This announcement is dated 2 November 2020. |
Announcement Info
Company Name | DIVERSIFIED GATEWAY SOLUTIONS BERHAD |
Stock Name | DGSB |
Date Announced | 02 Nov 2020 |
Category | General Announcement for PLC |
Reference Number | GA1-02112020-00054 |