2007

Acquisition of New Subsidiary

We announced the acquisition of 100% equity in a new subsidiary, Daya Hightech Sdn. Bhd.(“DHSB”) via DMB’s wholly owned subsidiary company, Daya Polymer Sdn. Bhd. The principal activity of DHSB is the manufacturing of polymer compounds for cable and wire.
  • 29 Oct, 2007
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Change in Boardroom & Subcommittees

We announced the appointment of Dato’ Azmil Khalili bin Dato’ Khalid and Dato’ Mazlin bin Md Junid as our new Non-Executive Chairman and Executive Vice Chairman respectively. We further announced the change of composition of our subcommittees as follows:  Audit Committee - Fazrin Azwar bin Md Nor (Chairman)  - Dato’ Azmil Khalili bin Dato’ Khalid
  • 19 Sep, 2007
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Proposed Acquisition

We announced the proposed acquisition by Meridian Orbit Sdn Bhd of 55% equity in Clarimax Consolidated Sdn Bhd (“CCSB”). CCSB is principally involved in providing ISO tank cleaning, repair and maintenance services, recycling of waste solvent and manufacturing of high purity electronics and technical solvent.
  • 7 Sep, 2007
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Proposed Acquisition

We announced the proposed acquisition of 30% equity interest in CMT (Penang) Sdn Bhd, an engineering and construction company.
  • 6 Aug, 2007
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Additional Listing of New Shares

We announced the approval of Bursa Malaysia via its letter dated 19 July 2007 in-principle the listing of up to 109,565,217 new ordinary shares of RM0.10 each to be issued pursuant to the Acquisition of Seca Dyme Sdn Bhd and Private Placement.
  • 20 Jul, 2007
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Acceptance of Private Placement Offer

We announced the acceptance of the offer in respect of the Private Placement amounting to an aggregate number of 22,000,000 new ordinary shares of RM0.10 each at an issue price of RM0.535 to the allocated placees.
  • 16 Jul, 2007
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Shareholders’ Approval Obtained in EGM

We announced that the Proposals have been approved by the shareholders at an extraordinary general meeting convened on 6 July 2007. Further the shareholders of DMB have also approved certain modification to the Ordinary Resolution 2 relating to the Private Placement. In addition, the Board had on 6 July 2007 resolved to fix the issue
  • 6 Jul, 2007
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