Dgb Asia Berhad

Change in Boardroom - DATO' KUA KHAI SHYUAN

General Meetings: Outcome of Meeting

MULTIPLE PROPOSALSDGB ASIA BERHAD ("DGB'' OR THE ''COMPANY'')

(I) SHARE CONSOLIDATION; AND
(II) PRIVATE PLACEMENT

(COLLECTIVELY, THE ''PROPOSALS'')

Notice of Interest Sub. S-hldr (Section 137 of CA 2016) - MISS ANG WAN JOO

Additional Listing Announcement /Subdivision of Shares

MULTIPLE PROPOSALSDGB ASIA BERHAD ("DGB" OR THE "COMPANY")

(I) SHARE CONSOLIDATION; AND
(II) PRIVATE PLACEMENT.

(COLLECTIVELY, THE "PROPOSALS")

Quarterly rpt on consolidated results for the financial period ended 31/03/2024

CIRCULAR TO SHAREHOLDERS IN RELATION TO THE PROPOSED RENEWAL OF EXISTING SHAREHOLDERS' MANDATE AND PROPOSED NEW SHAREHOLDERS' MANDATE FOR RECURRENT RELATED PARTY TRANSACTIONS OF A REVENUE AND/OR TRADING NATURE

Annual Report & CG Report - 2023

General Meetings: Notice of Meeting

OTHERSDGB ASIA BERHAD ("DGB" OR "THE COMPANY")
- PROPOSED RENEWAL OF EXISTING SHAREHOLDERS' MANDATE AND PROPOSED NEW SHAREHOLDERS' MANDATE FOR RECURRENT RELATED PARTY TRANSACTIONS OF A REVENUE AND/OR TRADING NATURE

Quarterly rpt on consolidated results for the financial period ended 31/12/2023

TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : NON RELATED PARTY TRANSACTIONSDGB ASIA BERHAD ("DGB" OR "THE COMPANY")

- PROPOSED ACQUISITION OF A PROPERTY BY CLI INVESTMENT LIMITED, A SUBSIDIARY OF THE COMPANY FOR A TOTAL CASH CONSIDERATION OF NTD69,000,000 (EQUIVALENT TO APPROXIMATELY RM10,350,000)

PROPOSED ACQUISITION OF A PROPERTY BY CLI INVESTMENT LIMITED ("CLI"), A SUBSIDIARY OF DGB ASIA BERHAD ("DGB") FOR A TOTAL CASH CONSIDERATION OF NTD69,000,000 ("PROPOSED ACQUISITION")

TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : NON RELATED PARTY TRANSACTIONSDGB ASIA BERHAD ("DGB" OR "THE COMPANY")

- PROPOSED ACQUISITION OF A PROPERTY BY CLI INVESTMENT LIMITED, A SUBSIDIARY OF THE COMPANY FOR A TOTAL CASH CONSIDERATION OF NTD69,000,000 (EQUIVALENT TO APPROXIMATELY RM10,350,000)

OTHERSDGB ASIA BERHAD ("DGB" OR "THE COMPANY")

EXTENSION ON TIMEFRAME FOR THE UTILISATION OF PROCEEDS RAISED FROM THE PROPOSED RENOUNCEABLE RIGHTS ISSUE WITH WARRANTS C

MULTIPLE PROPOSALSDGB ASIA BERHAD ("DGB" OR THE "COMPANY")

(I) SHARE CONSOLIDATION; AND
(II) PRIVATE PLACEMENT;

(COLLECTIVELY, THE "PROPOSALS")

MULTIPLE PROPOSALSDGB ASIA BERHAD ("DGB" OR THE "COMPANY")

(I) SHARE CONSOLIDATION; AND
(II) PRIVATE PLACEMENT;

(COLLECTIVELY, THE "PROPOSALS")

Quarterly rpt on consolidated results for the financial period ended 30/09/2023

DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS) : Dealings Outside Closed Period

Changes in Director's Interest (Section 219 of CA 2016) - MR NICHOLAS WONG YEW KHID

Changes in Director's Interest (Section 219 of CA 2016) - DATO' KUA KHAI SHYUAN

$FINTEC / 0150 (FINTEC GLOBAL BERHAD) Keeps Bleeding

I initially learned about FINTEC during the pandemic period of 2020, which coincided with the company posting impressive financial results. Some even likened it to the Malaysian counterpart of Berkshire Hathaway. In FY2020, FINTEC recorded revenue of RM20.4 million and a net profit of RM226.7 million. Subsequently, in the following year, the company experienced significant growth, with revenue reaching RM86.8 million and a substantial increase in net profit, amounting to RM809.9 million. But

In FY2023,
1. The company generated revenue of RM22.28 million, marking a 15.7% increase from RM19.26 million in FY2022.
2. However, the company's gross profit still showed a loss of RM0.21 million, but this represented a significant improvement from the losses of RM1.95 million in FY2022, narrowing by 89.2%.
3. The company's overall profit after losses amounted to RM32.23 million, a notable decrease from RM86.99 million in FY2022, narrowing by approximately 62.7%.
4. Total assets of the company decreased from RM284.72 million to RM245.41 million, reflecting a decline of about 14%.
5. Concurrently, the company's liabilities decreased from RM40.86 million to RM33.79 million, marking a reduction of approximately 17%.
6. FINTEC operates in four main business segments, each with varying results:
- Portfolio Investment: This segment contributes the largest share of revenue to the company, totaling RM19.64 million (about 88% of the company's revenue). However, it also represents a major source of losses for the company, amounting to RM23.8 million.
- Biotechnology Products: This business contributes RM1.59 million in revenue (approximately 7.1%), but it also resulted in losses of RM721,000.
- Financial Services: This is the only segment that generated a profit for the company, with revenue of RM233,000 and a net profit of RM1.9 million.
- Glove Business: This segment contributed RM812,000 in revenue (3.6%) but incurred losses of RM6.87 million.
7. To assess the company's overall performance, particular attention should be paid to its portfolio investment segment, as it constitutes the largest portion of the company. In Q4FY22, the company reported revenue of RM3.87 million and a net loss of RM43.35 million. In contrast, in Q4FY23, revenue decreased to RM1.49 million, and losses narrowed to RM2.61 million. The reduced mark-to-market losses in this segment played a significant role in the decreased losses.
8. It's important to note that FINTEC remains a major shareholder in companies such as $FOCUS / 0116 (FOCUS DYNAMICS GROUP BERHAD), $DGB / 0152 (DGB ASIA BERHAD), $NETX / 0020 (NETX HOLDINGS BERHAD), and $SEACERA / 7073 (SEACERA GROUP BERHAD). The share prices and profitability of these companies directly impact FINTEC's share price and revenue.
9. I personally don’t recommend anyone to invest in these related companies even they reported profit in the coming quarterly announcement or in the future because their profit can't be sustain and I do believe that there is still something related between them even though FINTEC no longer shareholder in some of these companies. The company registered address is already a prove.

The update above is more an alert rather than analysis.

SUBDIVISION / CONSOLIDATION OF SHARES (CHAPTER 13 OF LISTING REQUIREMENTS)DGB ASIA BERHAD ("DGB" OR THE "COMPANY")

SHARE CONSOLIDATION

SUBDIVISION / CONSOLIDATION OF SHARES (CHAPTER 13 OF LISTING REQUIREMENTS)DGB ASIA BERHAD ("DGB" OR THE "COMPANY")

SHARE CONSOLIDATION

OTHERSDGB ASIA BERHAD ("DGB" OR "THE COMPANY")

- EXTENSION ON TIMEFRAME FOR THE UTILISATION OF PROCEEDS RAISED FROM THE PRIVATE PLACEMENT INVOLVING 270,321,000 NEW ORDINARY SHARES OF DGB

Quarterly rpt on consolidated results for the financial period ended 30/06/2023

Share Consolidation

General Meetings: Outcome of Meeting

Circular to Shareholders in relation to the following:- (1) Proposed Consolidation of Every 10 Ordinary Shares in DGB ("DGB Shares" or "Shares") into 1 DGB Share; and (2) Proposed Private Placement of up to 66,000,000 New DGB Shares after the Proposed Share Consolidation to Independent Third-Party Investor(s) to be identified later and at an issue price to be determined later.