dvm technology bhd (DVM:Kuala Lumpur)
Transactions by DVM TECHNOLOGY BHD (DVM) in the last 6 months
DVM Technology Bhd (KLSE:DVM) entered into a shares sale agreement to acquire GE Green Sdn Bhd for MYR 7 million on June 24, 2014. DVM Technology will acquire 0.3 million shares of GE Green Sdn Bhd. Of the purchase price, MYR 0.7 million will be paid as deposit and the balance will be paid on completion. The transaction will be financed through the combination of internally generated funds and bank borrowings. GE Green Sdn Bhd reported shareholders’ fund of MYR 1.71 ...
DVM Technology Bhd (KLSE:DVM) signed a memorandum of understanding to acquire Tamico Bell Malaysia Sdn Bhd and Bell Business System Sdn Bhd and Tamico Systems Sdn Bhd from Tamico-Bell Holdings Sdn Bhd on June 20, 2014. The sale and purchase agreement is conditional upon completion of legal and financial due diligence review and all relevant approvals. DVM and TAMICO agreed that a full investigation shall commence not later than sixty days from the date of execution of ...
DVM Technology Bhd (KLSE:DVM) entered into a Shares Sale Agreement to acquire 10% stake in Modern Falcon Sdn Bhd from Ng Cher Yong for MYR 0.1 million on April 14, 2014. DVM Technology will acquire 0.1 million shares. For the year ended march 31, 2014, Modern Falcon reported net loss of MYR 0.1 million and net assets of MYR 3.33 million. The transaction will be funded from internally generated funds. The transaction is not expected to have an impact on the share capital, ...
DVM Technology Bhd (KLSE:DVM) entered into a shares sale agreement to acquire Precious Essence Sdn Bhd from Claude Anslem Tegjeu and Lau Chi Chiang for MYR 2 on April 3, 2014. Under the terms of the agreement, DVM Technology Bhd will acquire two ordinary shares of Precious Essence Sdn Bhd. The acquisition will be funded through internally generated funds and/or bank borrowings. The transaction is subject to approval of Board of Directors of DVM. The acquisition is not ...
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