CENSOF

0.245

-0.005 (-2%)

OTHERS FORCED SELLING OF 43 MILLION ORDINARY SHARES IN DAGANG NEXCHANGE BERHAD (DNeX), AN ASSOCIATED COMPANY OF CENSOF (SALE SHARES) FOR A CASH CONSIDERATION OF RM3.92 MILLION (SHARE DISPOSAL)

CENSOF HOLDINGS BERHAD

Type Announcement
Subject OTHERS
Description
FORCED SELLING OF 43 MILLION ORDINARY SHARES IN DAGANG NEXCHANGE BERHAD (DNeX), AN ASSOCIATED COMPANY OF CENSOF (SALE SHARES) FOR A CASH CONSIDERATION OF RM3.92 MILLION (SHARE DISPOSAL)

Further to the announcemnt made on 18 March 2020, the Company wishes to further announce pertaining to the above subject matter.

 

THE NET PROFITS AND NET ASSETS OF DAGANG NEXCHANGE BERHAD ("DNEX")

 

As refer to the DNeX Quarterly Report on Consolidated Results for the Fourth Quarter Ended 31 December 2019 (unaudited results):

 

1. (a) Net Profits = RM35.497 million

    (b) Net Profits attributable to Owners of the Company = RM30.008 million

 

2. Net Assets = RM465.366 million

 

DATE OF INVESTMENT IN SECTION 3.2

 

The date of investment as follows:

 

Date of Investment

DNeX Shares Investment Unit

Cost of Investment

12 September 2013

(Initial Investment)

349,112,731

RM69,822,546

3 August 2016

182,467,638

RM38,318,204

 

 

This announcement dated 23 March 2020.






Announcement Info

Company Name CENSOF HOLDINGS BERHAD
Stock Name CENSOF
Date Announced 23 Mar 2020
Category General Announcement for PLC
Reference Number GA1-23032020-00036