ICT solution expert, Censof Holdings Berhad has announced that it had disposed of 5,000,000 ordinary shares of Dagang NeXchange Berhad for a total gross value of RM5,000,000.00 in the open market.
- The group’s original investment for the said shares were at RM3.8 million which will consitute a gain of RM1.2 million from the sales. Censof claims the sale was to benefit on the short term investment and would be using the RM5 million for the next 12 month working capital.
- DNeX is a public company listed on the Main Market of Bursa Malaysia and is primarily a global technology company operating in three business divisions namely Technology, Energy, and information Technology (“IT”). In Technology, the company is a leading semiconductor foundry while in Energy, the company is making its mark in upstream exploration and production as well as equipment supply and maintenance. In IT, the company is a leading provider of award-winning
eServices for Trade Facilitation and has a wealth of knowledge, expertise and operational know-how in the provisioning of eServices for Trade Facilitation, Technology Consulting and Systems Integration, as well as Subsea Telecommunications.
