GDB Holdings Berhad

Changes in Director's Interest (Section 219 of CA 2016) - MR ALEXANDER LO TZONE LEONG

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

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

Titan Weekend Chart Reviews

$GDB / 0198 (GDB HOLDINGS BERHAD)

Since its huge gap up and breakout towards the RM 0.41 regions, faced huge selling pressure which saw the stock retrace back towards the RM 0.33+ main support levels.

For now seems to be holding quite well here and as long as able to breakout from its RM 0.36+ regions, could continue to trend up towards and beyond the RM 0.41+ regions for an uptrend continuation pattern.

Overall uptrend still looking quite healthy here.

Support: RM 0.34, RM 0.32 areas
Resistance: RM 0.38, RM 0.40, RM 0.41 areas

$GDB / 0198 (GDB HOLDINGS BERHAD)

KUALA LUMPUR: GDB Holdings Bhd (GDB) has secured its second contract to build a logistics hub worth RM865.7 million in Seksyen 15, Shah Alam, Selangor.

© New Straits Times Press (M) Bhd

KUALA LUMPUR: GDB Holdings Bhd has secured a RM865.7mil contract to construct a logistics hub in Seksyen 15, Shah Alam, Selangor.

OTHERSGDB HOLDINGS BERHAD ("GDB" OR THE "COMPANY")
- ACCEPTANCE OF LETTER OF AWARD FROM STRATEGIC SONATA SDN. BHD. BY GRAND DYNAMIC BUILDERS SDN. BHD., A WHOLLY-OWNED SUBSIDIARY OF THE COMPANY

General Meetings: Outcome of Meeting

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

MATERIAL LITIGATIONGDB Holdings Berhad ("GDB" or "the Company")

- Originating Summons No. PA-28JM-2-5/2024 by Lime Meridian Sdn Bhd ("LMSB") to place Damai City Sdn. Bhd. ("DCSB") under judicial management pursuant to Sections 404 and 405 of the Companies Act 2016 in the High Court of Malaya at Pulau Pinang ("the Originating Summons")

MATERIAL LITIGATIONGDB Holdings Berhad ("GDB" or "the Company")
- Originating Summons No. WA-28JM-10-04/2024 by Fictionist Studio ("FS") to place Damai City Sdn. Bhd. ("DCSB") and KSK Land Sdn. Bhd. ("KSKL") under judicial management pursuant to Sections 404 and 405 of the Companies Act 2016 in the High Court of Malaya at Kuala Lumpur ("the Originating Summons")
- Notice of Application to intervene and to strike out the Originating Summons in the High Court of Malaya at Kuala Lumpur ("the Notice of Application")

Changes in Director's Interest (Section 219 of CA 2016) - MR ALEXANDER LO TZONE LEONG

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

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

$GDB : Mega projects + data center?*

Sharing from WA group. ;) gone up today


📌 _*From The Edge:*_
1. GDB is close to securing a *sizable contract* from a Singapore REIT manager to build a warehouse in Shah Alam.
2. GDB has a good chance to secure *another 2-3 major contracts* this year, conservatively estimated, carrying RM500-600mil each.

📌 *Major projects to kick in soon?*
1. GDB's current order book stands at RM398mil, with only 2 projects on hand (logistic hub in Klang and hospital in Bukit Jalil)
2. In FY23, its order book fell below RM1bil for the first time since 2019 following the termination of Conlay project worth RM1.25bil.
3. Based on the news from The Edge, GDB is likely to secure RM1-2bil of projects in FY24, its share price climbed to the highest @ RM0.685 in Jan 2021, 3 months after securing Conlay project in Oct 2020. Its order book as at end of FY20 stood at RM2bil.

📌 *What caused the drop since early 2021 other than the Conlay issue?*
As we know, construction sectors faced headwind in 2021-2022 given the:
1. increased construction material prices
2. labour shortages leads to higher labour costs
3. higher Covid compliance cost and delay in project during Covid period

Hence, we may see a turnaround moving forward given the *normalisation of margin* for its new projects as they have to take into account the current building material cost in their contract.

Notably, GDB was the *winner of Highest ROE over 3 Years for the construction sector* for the FY2020-FY2022 evaluation period, despite a 10% decline of ROE in FY22 due to the abovementioned issues.

📌 GDB also has a good track record in *construction iconic buildings* ie. Menara Hap Seng 3, Menara Etiqa.

📌 GDB has *zero borrowings*!

📌 GDB current has submitted tender of RM1.7bil and planning submit another RM4.8bil by 1HFY24. From its QR report in 3QFY23, GDB mentioned that they're bidding for the *construction of data center* as well. The winning of data center project may provide further upside to GDB.

$GDB / 0198 (GDB HOLDINGS BERHAD)

Titan Weekend Chart Reviews

$GDB / 0198 (GDB HOLDINGS BERHAD)

Although unable to breakout from its RM 0.315 major resistance, still able to sustain above its RM 0.285+ immediate support levels here on the daily chart.

For now still uptrending here and if able to sustain, could breakout strong from its RM 0.315 major resistance for a bullish continuation pattern.

Support: RM 0.285 area
Resistance: RM 0.30, RM 0.315, RM 0.335 areas

DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS) : Intention to Deal During Closed Period

DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS) : Intention to Deal During Closed Period

Annual Report & CG Report - 2023

General Meetings: Notice of Meeting

Titan Trading Notes For Friday [19/4/2024]:

$KLSE-KLCI had a decent rebound back towards the 1544 points region with an overall mixed market sentiment as we still saw almost 470 counters closing red for the day. Daily trading volume remained average around the 3.83 billion mark, which is nothing too special here.

Main stocks that showed strong buying momentum would be the likes of SENDAI, MINETEC, UNITRAD, YTL, CUSCAPI, ZANTAT, YTLPOWR, GHLSYS, TCS, and EDUSPEC. All of which were able to sustain their rallies throughout the day on the top volumes list.

$SENDAI / 5205 (EVERSENDAI CORPORATION BERHAD) was definitely one of the best performers today as it was able to breakout back towards the RM 0.42 regions with good volume and buying momentum here despite the mixed market sentiment.

Since breaking out from its RM 0.30 major resistance levels over the past 2 weeks, it had been able to sustain this kind of buying momentum here and so far as long as able to sustain, could continue on towards the RM 0.46 major resistance levels soon.

Will be monitoring SENDAI closely here to see how far it can go.

ZANTAT although retraced back towards the RM 0.46 main support levels over the past few days, had been able to hold as a higher low region and broke out towards the RM 0.50+ regions today with good volume and buying momentum.

For now , it seems to have broken out from its main downtrend resistance levels already and if able to sustain above its RM 0.48+ immediate support levels, could start to trend back up towards the RM 0.515 - RM 0.53+ regions soon in the coming weeks.

Will be monitoring ZANTAT closely here it's one of the strongest performing IPO themed stocks now.

$GDB / 0198 (GDB HOLDINGS BERHAD) had been retracing over the past week back towards its RM 0.27+ immediate support levels, had been able to rebound quite well over the past 2 trading days, even able to breakout back towards the RM 0.295 levels today.

For now looking quite strong here and as long as able to sustain above its RM 0.285+ immediate support levels, could continue on towards the RM 0.30 - RM 0.315+ regions soon for an uptrend continuation pattern.

Will be monitoring GDB closely.

MATERIAL LITIGATIONGDB Holdings Berhad ("GDB" or "the Company")

- Winding-up petition by Grand Dynamic Builders Sdn. Bhd., a wholly-owned subsidiary of the Company, against KSK Land Sdn. Bhd. pursuant to Section 465(1)(e) and/or Section 465(1)(h) of the Companies Act 2016 in the High Court of Malaya at Kuala Lumpur

MATERIAL LITIGATIONGDB HOLDINGS BERHAD ("GDB" OR "THE COMPANY")

- Originating Summons No. WA-28JM-10-04/2024 by Fictionist Studio ("FS") to place Damai City Sdn. Bhd. ("DCSB") and KSK Land Sdn. Bhd. ("KSKL") under judicial management pursuant to Sections 404 and 405 of the Companies Act 2016 in the High Court of Malaya at Kuala Lumpur ("the Originating Summons")

MATERIAL LITIGATIONGDB Holdings Berhad ("GDB" or "the Company")

- Court Order dated 8 February 2024 under the Shah Alam High Court Originating Summons No. BA-24NCC-2-01/2024 in relation to an ex-parte application made by Stafford Financial Capital Limited under Sections 366 and 368 of the Companies Act 2016 as well as Order 7, Order 28 and Order 88 of the Rules of Court 2012 ("Court Order") affecting KSK Group Berhad, KSK Land Sdn. Bhd. and Damai City Sdn. Bhd. (collectively referred as to "KSK Group")

MATERIAL LITIGATIONGDB Holdings Berhad ("GDB" or "the Company")

- Originating Summons No. WA-28JM-3-01/2024 by KCJ Properties Sdn. Bhd. ("KCJP") to place Damai City Sdn. Bhd. ("DCSB") under Judicial Management pursuant to Sections 404 and 405 of the Companies Act 2016 in the High Court of Malaya at Kuala Lumpur

MATERIAL LITIGATIONGDB Holdings Berhad ("GDB" or "the Company") - Originating Summons No. WA-28JM-3-01/2024 by KCJ Properties Sdn. Bhd. ("KCJP") to place Damai City Sdn. Bhd. ("DCSB") under Judicial Management pursuant to Sections 404 and 405 of the Companies Act 2016 in the High Court of Malaya at Kuala Lumpur.

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

MATERIAL LITIGATIONGDB Holdings Berhad ("GDB" or "the Company")

- Court Order dated 8 February 2024 under the Shah Alam High Court Originating Summons No. BA-24NCC-2-01/2024 in relation to an ex-parte application made by Stafford Financial Capital Limited under Sections 366 and 368 of the Companies Act 2016 as well as Order 7, Order 28 and Order 88 of the Rules of Court 2012 ("Court Order") affecting KSK Group Berhad, KSK Land Sdn. Bhd. and Damai City Sdn. Bhd. (collectively referred as to "KSK Group")

$GDB / 0198 (GDB HOLDINGS BERHAD)